Entergy Utility Group, Inc. 1ST MTG BD 66 (ENO) 10-Q 4 Nov 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Oct. 30, 2020
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, 2020
Amendment Flag	false
Document Fiscal Year Focus	2020
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, Country	US
Entity Address, Postal Zip Code	70113
Entity Common Stock, Shares Outstanding		200,232,522
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, Country	US
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, Country	US
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, Country	US
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, Country	US
Entity Address, Postal Zip Code	70112
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entergy Texas [Member]
Entity Registrant Name	ENTERGY TEXAS, INC.
City Area Code	409
Local Phone Number	981-2000
Entity Tax Identification Number	61-1435798
Entity File Number	1-34360
Entity Central Index Key	0001427437
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Incorporation, State or Country Code	TX
Entity Address, State or Province	10055 Grogans Mill Road
Entity Address, City or Town	The Woodlands
Entity Address, State or Province	TX
Entity Address, Country	US
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, Country	US
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
Mortgage Bonds Four Point Seven Percent Series Due June Two Thousand Sixty Three [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELU
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 4.70% Series due June 2063
Mortgage Bonds Five Point Two Five Percent Series Due July Two Thousand Fifty Two [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]
Trading Symbol	ELJ
Security Exchange Name	NYSE
Title of 12(b) Security	Mortgage Bonds, 5.25% Series due July 2052
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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,903,568	$ 3,140,575	$ 7,743,534	$ 8,416,367
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	421,668	596,939	1,160,076	1,542,592
Nuclear refueling outage expenses	44,384	52,044	139,496	153,447
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	751,337	805,696	2,189,681	2,430,617
Asset Impairment Charges	4,461	198,086	16,332	288,483
Decommissioning	95,155	101,811	284,251	308,557
Taxes, Other	171,425	165,731	500,364	487,715
Other Depreciation and Amortization	401,578	379,219	1,205,057	1,099,990
Other regulatory charges (credits) - net	(29,380)	4,781	(62,306)	(38,698)
Costs and Expenses	2,125,552	2,620,646	6,126,450	7,274,410
OPERATING INCOME	778,016	519,929	1,617,084	1,141,957
OTHER INCOME
Allowance for equity funds used during construction	24,915	33,161	89,238	108,546
Investment Income, Net	127,857	82,295	195,826	406,663
Miscellaneous - net	(58,914)	(50,086)	(129,145)	(160,614)
TOTAL	93,858	65,370	155,919	354,595
INTEREST EXPENSE
Interest Expense, Debt	207,811	201,412	630,199	603,517
Allowance for borrowed funds used during construction	(11,080)	(14,773)	(38,667)	(49,034)
TOTAL	196,731	186,639	591,532	554,483
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	675,143	398,660	1,181,471	942,069
Income taxes	149,444	29,201	167,366	73,430
Consolidated net income	525,699	369,459	1,014,105	868,639
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	$ 4,580	$ 4,219	$ 13,739	$ 12,438
Earnings per average common share:
Basic (in dollars per share)	$ 2.60	$ 1.84	$ 5	$ 4.42
Diluted (in dollars per share)	$ 2.59	$ 1.82	$ 4.98	$ 4.38
Basic average number of common shares outstanding (in shares)	200,220,018	198,932,387	200,063,256	193,876,557
Diluted average number of common shares outstanding (in shares)	201,115,768	200,492,935	200,957,465	195,685,851
Net Income (Loss) Available to Common Stockholders, Basic	$ 521,119	$ 365,240	$ 1,000,366	$ 856,201
Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	2,666,805	2,812,934	6,907,999	7,279,683
Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	22,357	27,269	88,829	112,916
Competitive Businesses [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	214,406	300,372	746,706	1,023,768
Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	264,924	316,339	693,499	1,001,707
Entergy Mississippi [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	356,496	398,732	948,372	983,713
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	41,771	87,386	143,798	188,006
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	74,891	69,253	203,571	195,357
Taxes, Other	24,638	26,673	74,525	78,613
Other Depreciation and Amortization	52,486	44,339	155,937	123,145
Other regulatory charges (credits) - net	571	5,771	(9,806)	11,708
Costs and Expenses	262,653	311,708	745,643	820,290
OPERATING INCOME	93,843	87,024	202,729	163,423
OTHER INCOME
Allowance for equity funds used during construction	1,793	2,079	4,820	6,341
Investment Income, Net	13	462	268	1,011
Miscellaneous - net	(2,497)	(1,648)	(7,382)	(2,238)
TOTAL	(691)	893	(2,294)	5,114
INTEREST EXPENSE
Interest Expense, Debt	17,650	15,922	51,425	45,804
Allowance for borrowed funds used during construction	(773)	(892)	(1,958)	(2,683)
TOTAL	16,877	15,030	49,467	43,121
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	76,275	72,887	150,968	125,416
Income taxes	17,686	16,650	30,960	27,114
Consolidated net income	58,589	56,237	120,008	98,302
Entergy Mississippi [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	356,496	398,732	948,372	983,713
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	68,296	78,286	177,618	223,461
Entergy Arkansas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	644,389	687,526	1,618,068	1,776,267
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	77,239	109,779	217,342	370,534
Nuclear refueling outage expenses	13,010	17,381	42,809	51,823
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	169,898	188,299	486,525	542,765
Decommissioning	18,449	17,422	54,596	50,351
Taxes, Other	34,379	31,783	92,611	87,327
Other Depreciation and Amortization	84,515	78,594	252,574	231,502
Other regulatory charges (credits) - net	(28,348)	1,018	(67,632)	(8,873)
Costs and Expenses	426,741	505,350	1,224,636	1,481,846
OPERATING INCOME	217,648	182,176	393,432	294,421
OTHER INCOME
Allowance for equity funds used during construction	3,876	3,977	10,671	10,777
Investment Income, Net	2,218	8,788	18,402	19,193
Miscellaneous - net	(4,465)	(4,286)	(17,034)	(12,704)
TOTAL	1,629	8,479	12,039	17,266
INTEREST EXPENSE
Interest Expense, Debt	36,902	35,454	108,494	104,664
Allowance for borrowed funds used during construction	(1,702)	(1,641)	(4,686)	(4,384)
TOTAL	35,200	33,813	103,808	100,280
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	184,077	156,842	301,663	211,407
Income taxes	48,234	7,126	61,055	(27,729)
Consolidated net income	135,843	149,716	240,608	239,136
Entergy Arkansas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	644,389	687,526	1,618,068	1,776,267
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	57,599	61,074	145,811	156,417
Entergy Louisiana [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,120,022	1,231,677	3,062,321	3,297,324
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	162,981	259,419	469,083	627,240
Nuclear refueling outage expenses	13,796	14,026	41,080	40,225
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	244,136	249,773	693,010	726,496
Decommissioning	16,407	15,606	48,611	43,544
Taxes, Other	61,797	49,602	160,592	145,942
Other Depreciation and Amortization	154,162	137,891	453,552	394,271
Other regulatory charges (credits) - net	(17,822)	(29,224)	(25,892)	(90,762)
Costs and Expenses	795,526	894,923	2,314,634	2,565,106
OPERATING INCOME	324,496	336,754	747,687	732,218
OTHER INCOME
Allowance for equity funds used during construction	6,255	14,609	27,197	59,194
Investment Income, Net	61,487	45,237	135,625	166,721
Miscellaneous - net	(40,025)	(15,067)	(57,235)	(79,717)
TOTAL	27,717	44,779	105,587	146,198
INTEREST EXPENSE
Interest Expense, Debt	82,716	78,350	248,529	230,684
Allowance for borrowed funds used during construction	(3,256)	(7,041)	(13,590)	(28,145)
TOTAL	79,460	71,309	234,939	202,539
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	272,753	310,224	618,335	675,877
Income taxes	49,287	54,964	35,014	109,900
Consolidated net income	223,466	255,260	583,321	565,977
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	223,466	255,260	583,321	565,977
Entergy Louisiana [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	1,110,217	1,221,874	3,024,359	3,252,826
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	9,805	9,803	37,962	44,498
Entergy Louisiana [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	160,069	197,830	474,598	678,150
Entergy New Orleans [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	182,064	194,204	478,709	533,191
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	15,051	27,013	59,382	84,963
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	34,872	32,755	94,702	95,305
Taxes, Other	15,455	15,142	44,303	41,819
Other Depreciation and Amortization	16,134	14,756	46,835	43,146
Other regulatory charges (credits) - net	1,362	7,571	152	9,716
Costs and Expenses	149,742	165,328	426,694	470,670
OPERATING INCOME	32,322	28,876	52,015	62,521
OTHER INCOME
Allowance for equity funds used during construction	910	2,793	5,443	7,769
Investment Income, Net	13	109	109	352
Miscellaneous - net	(600)	(1,019)	(1,170)	(3,467)
TOTAL	323	1,883	4,382	4,654
INTEREST EXPENSE
Interest Expense, Debt	7,529	6,046	21,804	18,001
Allowance for borrowed funds used during construction	(438)	(1,115)	(2,618)	(3,102)
TOTAL	7,091	4,931	19,186	14,899
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	25,554	25,828	37,211	52,276
Income taxes	6,104	920	1,646	5,342
Consolidated net income	19,450	24,908	35,565	46,934
Entergy New Orleans [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	169,512	176,738	427,842	464,773
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	12,552	17,466	50,867	68,418
Entergy New Orleans [Member] | Electricity, Purchased [Member]
Operation and Maintenance:
Cost of Goods and Services Sold	66,868	68,091	181,320	195,721
Entergy Texas [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	494,922	442,877	1,206,452	1,146,931
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	96,902	64,211	186,038	129,285
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	60,423	69,937	179,883	190,989
Taxes, Other	15,642	20,870	55,438	60,773
Other Depreciation and Amortization	45,195	38,722	131,596	113,071
Other regulatory charges (credits) - net	29,250	27,662	69,342	66,574
Costs and Expenses	386,616	373,367	1,005,643	1,024,658
OPERATING INCOME	108,306	69,510	200,809	122,273
OTHER INCOME
Allowance for equity funds used during construction	10,875	7,454	33,117	18,948
Investment Income, Net	203	486	975	2,542
Miscellaneous - net	2,061	115	924	980
TOTAL	13,139	8,055	35,016	22,470
INTEREST EXPENSE
Interest Expense, Debt	22,648	21,379	68,643	63,992
Allowance for borrowed funds used during construction	(4,673)	(3,534)	(14,231)	(9,370)
TOTAL	17,975	17,845	54,412	54,622
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	103,470	59,720	181,413	90,121
Income taxes	11,306	(13,504)	9,674	(43,381)
Consolidated net income	92,164	73,224	171,739	133,502
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	470	110	1,411	110
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	91,694	73,114	170,328	133,392
Entergy Texas [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	494,922	442,877	1,206,452	1,146,931
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	139,204	151,965	383,346	463,966
System Energy [Member]
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	13,620	23,748	32,771	66,335
Nuclear refueling outage expenses	6,942	8,412	20,880	25,013
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses	48,902	49,533	132,175	147,283
Decommissioning	9,341	8,976	27,746	26,663
Taxes, Other	7,203	7,120	22,281	21,835
Other Depreciation and Amortization	28,006	26,613	82,406	79,761
Other regulatory charges (credits) - net	(14,393)	(8,016)	(28,470)	(27,059)
Costs and Expenses	99,621	116,386	289,789	339,831
OPERATING INCOME	48,896	29,086	115,441	84,754
OTHER INCOME
Allowance for equity funds used during construction	1,206	2,251	7,990	5,518
Investment Income, Net	1,303	8,215	18,749	21,577
Miscellaneous - net	(3,354)	(1,300)	(7,971)	(4,018)
TOTAL	(845)	9,166	18,768	23,077
INTEREST EXPENSE
Interest Expense, Debt	8,427	8,546	25,501	26,467
Allowance for borrowed funds used during construction	(240)	(551)	(1,585)	(1,350)
TOTAL	8,187	7,995	23,916	25,117
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	39,864	30,257	110,293	82,714
Income taxes	8,800	5,226	21,725	9,633
Consolidated net income	31,064	25,031	88,568	73,081
Earnings per average common share:
Net Income (Loss) Available to Common Stockholders, Basic	31,064	25,031	88,568	73,081
System Energy [Member] | Electricity [Member]
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax	$ 148,517	$ 145,472	$ 405,230	$ 424,585

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Proceeds from Sale of Productive Assets	$ 0	$ 19,801
OPERATING ACTIVITIES
Consolidated net income	1,014,105	868,639
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	1,694,904	1,634,677
Deferred income taxes, investment tax credits, and non-current taxes accrued	320,726	373,723
Impairment of Long-Lived Assets Held-for-use	16,117	225,175
Changes in working capital:
Receivables	(200,990)	(231,005)
Fuel inventory	(608)	(14,399)
Accounts payable	174,083	(175,246)
Taxes accrued	206,769	(2,420)
Interest accrued	10,866	(2,314)
Deferred fuel costs	(48,162)	90,319
Other working capital accounts	(114,492)	(19,232)
Changes in provisions for estimated losses	(38,029)	14,114
Changes in other regulatory assets	(130,533)	(92,861)
Increase (Decrease) in Regulatory Liabilities	(38,371)	(19,115)
Changes in pension and other postretirement liabilities	(270,144)	(132,044)
Other Noncash Income (Expense)	(226,075)	(400,064)
Net cash flow provided by operating activities	2,370,166	2,117,947
INVESTING ACTIVITIES
Construction/capital expenditures	(3,175,559)	(3,079,726)
Allowance for equity funds used during construction	89,238	108,867
Payments to Acquire Buildings	(24,633)	0
Nuclear fuel purchases	(177,385)	(55,176)
Payments for Nuclear Fuel	(177,385)	(55,176)
Payments to storm reserve escrow account	(2,244)	(6,184)
Receipts from storm reserve escrow account	40,647	0
Decrease (increase) in other investments	(9,821)	30,370
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	67,252	2,369
Proceeds from nuclear decommissioning trust fund sales	1,597,492	3,518,616
Investment in nuclear decommissioning trust funds	(1,661,660)	(3,566,690)
Proceeds from insurance	0	7,040
Changes in securitization account	791	(4,213)
Net cash flow used in investing activities	(3,255,882)	(3,024,926)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	8,170,607	7,133,571
Proceeds from Sale of Treasury Stock	41,784	89,303
Proceeds from Issuance of Common Stock	0	607,650
Retirement of long-term debt	(5,386,227)	(5,859,714)
Payments for Repurchase of Preferred Stock and Preference Stock	0	50,000
Changes in credit borrowings and commercial paper - net	(548,522)	(24,550)
Dividends paid:
Common stock	(558,121)	(526,408)
Other	(5,941)	(9,175)
Net cash flow provided by financing activities	1,699,658	1,381,835
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	813,942	474,856
Cash and cash equivalents at beginning of period	425,722	480,975
Cash and cash equivalents at end of period	1,239,664	955,831
Cash paid / (received) during the period for:
Interest - net of amount capitalized	599,683	584,622
Income taxes	(2,484)	(8,649)
Dividends Paid, Preferred Stock	(13,922)	(12,328)
Proceeds from Issuance of Preferred Stock and Preference Stock	0	33,486
Entergy Arkansas [Member]
OPERATING ACTIVITIES
Consolidated net income	240,608	239,136
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	366,549	351,390
Deferred income taxes, investment tax credits, and non-current taxes accrued	79,948	85,246
Changes in working capital:
Receivables	(73,890)	(70,395)
Fuel inventory	4,761	(5,350)
Accounts payable	(26,547)	(24,766)
Taxes accrued	(10,733)	(18,608)
Interest accrued	18,125	20,206
Deferred fuel costs	3,203	52,468
Other working capital accounts	(9,027)	44,803
Changes in provisions for estimated losses	3,508	8,841
Changes in other regulatory assets	(50,262)	(55,749)
Increase (Decrease) in Regulatory Liabilities	(484)	32,537
Changes in pension and other postretirement liabilities	(31,245)	(26,136)
Other Noncash Income (Expense)	(2,562)	(57,011)
Net cash flow provided by operating activities	511,952	576,612
INVESTING ACTIVITIES
Construction/capital expenditures	(593,249)	(488,487)
Allowance for equity funds used during construction	10,671	11,016
Payments to Acquire Buildings	(5,988)	0
Nuclear fuel purchases	(72,601)	(26,732)
Payments for Nuclear Fuel	(72,601)	(26,732)
Proceeds from sale of nuclear fuel	30,638	22,834
Change in money pool receivable - net	(51,697)	(6,896)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	55,001	0
Change in other investments	0	1
Proceeds from nuclear decommissioning trust fund sales	254,847	199,031
Investment in nuclear decommissioning trust funds	(266,397)	(214,205)
Changes in securitization account	4,036	(3,238)
Net cash flow used in investing activities	(634,739)	(506,676)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	1,058,977	781,510
Retirement of long-term debt	(298,071)	(473,827)
Change in money pool payable - net	(21,634)	(182,738)
Dividends paid:
Common stock	(25,000)	(115,000)
Other	2,900	(2,931)
Net cash flow provided by financing activities	717,172	7,014
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	594,385	76,950
Cash and cash equivalents at beginning of period	3,519	119
Cash and cash equivalents at end of period	597,904	77,069
Cash paid / (received) during the period for:
Interest - net of amount capitalized	86,906	80,644
Entergy Louisiana [Member]
OPERATING ACTIVITIES
Consolidated net income	583,321	565,977
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	591,045	498,397
Deferred income taxes, investment tax credits, and non-current taxes accrued	56,767	174,825
Changes in working capital:
Receivables	(100,718)	(72,018)
Fuel inventory	(3,845)	(1,752)
Accounts payable	169,577	(40,131)
Taxes accrued	148,379	78,910
Interest accrued	(4,220)	5,102
Deferred fuel costs	(61,732)	(11,459)
Other working capital accounts	(33,691)	(62,332)
Changes in provisions for estimated losses	(42,624)	9,748
Changes in other regulatory assets	(129,843)	(103,635)
Increase (Decrease) in Regulatory Liabilities	(19,761)	(26,115)
Changes in pension and other postretirement liabilities	(49,168)	(15,761)
Other Noncash Income (Expense)	10,087	(37,313)
Net cash flow provided by operating activities	1,113,574	962,443
INVESTING ACTIVITIES
Construction/capital expenditures	(1,064,765)	(1,277,108)
Allowance for equity funds used during construction	27,197	59,194
Payments to Acquire Buildings	(14,511)	0
Nuclear fuel purchases	(76,392)	(63,157)
Payments for Nuclear Fuel	(76,392)	(63,157)
Proceeds from sale of nuclear fuel	35,041	11,608
Change in money pool receivable - net	(21,649)	35,485
Payments to storm reserve escrow account	(1,467)	(5,013)
Receipts from storm reserve escrow account	40,601	0
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	5,090	0
Proceeds from nuclear decommissioning trust fund sales	281,131	307,164
Investment in nuclear decommissioning trust funds	(301,170)	(331,138)
Proceeds from insurance	0	7,040
Changes in securitization account	(5,925)	(6,467)
Net cash flow used in investing activities	(1,096,819)	(1,260,023)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	1,800,392	2,332,003
Retirement of long-term debt	(1,453,564)	(1,798,014)
Change in money pool payable - net	(82,826)	0
Dividends paid:
Common stock	(21,500)	(155,000)
Other	(9,100)	3,272
Net cash flow provided by financing activities	233,402	382,261
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	250,157	84,681
Cash and cash equivalents at beginning of period	2,006	43,364
Cash and cash equivalents at end of period	252,163	128,045
Cash paid / (received) during the period for:
Interest - net of amount capitalized	246,456	219,323
Income taxes	(20,684)	0
Payment For Proceed From Other Investing Activities	0	2,369
Entergy Mississippi [Member]
OPERATING ACTIVITIES
Consolidated net income	120,008	98,302
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	155,937	123,145
Deferred income taxes, investment tax credits, and non-current taxes accrued	34,848	32,596
Changes in working capital:
Receivables	(21,376)	(37,843)
Fuel inventory	(359)	(3,872)
Accounts payable	5,863	(574)
Taxes accrued	(10,366)	(26,556)
Interest accrued	9,075	2,093
Deferred fuel costs	(45,998)	47,569
Other working capital accounts	(7,372)	533
Changes in provisions for estimated losses	(28)	(3,099)
Changes in other regulatory assets	(31,987)	(923)
Increase (Decrease) in Regulatory Liabilities	(10,592)	(16,615)
Changes in pension and other postretirement liabilities	(11,451)	(6,930)
Other Noncash Income (Expense)	14,071	(4,387)
Net cash flow provided by operating activities	200,273	203,439
INVESTING ACTIVITIES
Construction/capital expenditures	(393,887)	(314,622)
Allowance for equity funds used during construction	4,820	6,341
Payments to Acquire Buildings	(28,612)	0
Change in money pool receivable - net	40,972	32,481
Decrease (increase) in other investments	1,729	(507)
Net cash flow used in investing activities	(374,978)	(276,307)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	165,399	292,763
Retirement of long-term debt	0	(150,000)
Dividends paid:
Common stock	(7,500)	0
Other	8,243	(7,913)
Net cash flow provided by financing activities	166,142	134,850
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(8,563)	61,982
Cash and cash equivalents at beginning of period	51,601	36,954
Cash and cash equivalents at end of period	43,038	98,936
Cash paid / (received) during the period for:
Interest - net of amount capitalized	40,551	41,753
Entergy New Orleans [Member]
OPERATING ACTIVITIES
Consolidated net income	35,565	46,934
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	46,835	43,146
Deferred income taxes, investment tax credits, and non-current taxes accrued	10,382	20,427
Changes in working capital:
Receivables	(10,892)	(14,741)
Fuel inventory	190	(374)
Accounts payable	1,841	(11,654)
Taxes accrued	(2,283)	242
Interest accrued	(335)	14
Deferred fuel costs	(5,629)	8,328
Other working capital accounts	(14,122)	(8,737)
Changes in provisions for estimated losses	1,356	1,423
Changes in other regulatory assets	2,196	(14,435)
Increase (Decrease) in Regulatory Liabilities	(13,389)	(15,371)
Changes in pension and other postretirement liabilities	(10,373)	(5,784)
Other Noncash Income (Expense)	4,755	28,015
Net cash flow provided by operating activities	46,097	77,433
INVESTING ACTIVITIES
Construction/capital expenditures	(174,011)	(162,177)
Allowance for equity funds used during construction	5,443	7,769
Payments to Acquire Buildings	(1,584)	0
Change in money pool receivable - net	5,191	22,016
Payments to storm reserve escrow account	(428)	(1,382)
Changes in securitization account	(4,176)	(3,043)
Net cash flow used in investing activities	(169,565)	(136,817)
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	138,930	0
Retirement of long-term debt	(25,616)	(5,420)
Change in money pool payable - net	5,089	46,318
Dividends paid:
Other	(920)	(1,165)
Net cash flow provided by financing activities	117,483	39,733
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(5,985)	(19,651)
Cash and cash equivalents at beginning of period	6,017	19,677
Cash and cash equivalents at end of period	32	26
Cash paid / (received) during the period for:
Interest - net of amount capitalized	21,203	17,211
Income taxes	3,332	(4,899)
Entergy Texas [Member]
OPERATING ACTIVITIES
Consolidated net income	171,739	133,502
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	131,596	113,071
Deferred income taxes, investment tax credits, and non-current taxes accrued	37,072	21,898
Changes in working capital:
Receivables	(55,059)	21,578
Fuel inventory	(1,726)	(1,476)
Accounts payable	15,542	(58,792)
Taxes accrued	(12,623)	3,545
Interest accrued	(7,855)	(11,478)
Deferred fuel costs	61,995	(6,588)
Other working capital accounts	(8,382)	(13,740)
Changes in provisions for estimated losses	(69)	(3,470)
Changes in other regulatory assets	42,904	63,793
Increase (Decrease) in Regulatory Liabilities	(39,791)	(83,674)
Changes in pension and other postretirement liabilities	(18,179)	(7,209)
Other Noncash Income (Expense)	(22,911)	3,921
Net cash flow provided by operating activities	294,253	174,881
INVESTING ACTIVITIES
Construction/capital expenditures	(703,650)	(622,342)
Allowance for equity funds used during construction	33,117	19,029
Payments to Acquire Buildings	(4,931)	0
Change in money pool receivable - net	11,181	(8,299)
Changes in securitization account	6,856	8,535
Net cash flow used in investing activities	(657,427)	(603,077)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(1,594)	0
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	344,110	986,477
Retirement of long-term debt	(216,266)	(563,246)
Change in money pool payable - net	54,229	(22,389)
Dividends paid:
Other	(5,200)	(1,410)
Net cash flow provided by financing activities	350,279	520,418
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(12,895)	92,222
Cash and cash equivalents at beginning of period	12,929	56
Cash and cash equivalents at end of period	34	92,278
Cash paid / (received) during the period for:
Interest - net of amount capitalized	75,129	73,752
Income taxes	8,331	2,292
Proceeds from Contributions from Parent	175,000	87,500
Proceeds from Issuance of Preferred Stock and Preference Stock	0	33,486
System Energy [Member]
OPERATING ACTIVITIES
Consolidated net income	88,568	73,081
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization	137,201	163,069
Deferred income taxes, investment tax credits, and non-current taxes accrued	(272,383)	(2,426)
Changes in working capital:
Receivables	15,637	(7,456)
Accounts payable	(19,775)	2,935
Taxes accrued	431,677	14,579
Interest accrued	(188)	(1,478)
Other working capital accounts	(40,566)	3,411
Changes in other regulatory assets	(25,956)	(9,121)
Increase (Decrease) in Regulatory Liabilities	45,647	90,118
Changes in pension and other postretirement liabilities	(11,033)	(5,013)
Other Noncash Income (Expense)	(189,529)	(97,024)
Net cash flow provided by operating activities	159,300	224,675
INVESTING ACTIVITIES
Construction/capital expenditures	(169,475)	(92,228)
Allowance for equity funds used during construction	7,990	5,518
Nuclear fuel purchases	(85,483)	(2,046)
Payments for Nuclear Fuel	(85,483)	(2,046)
Proceeds from sale of nuclear fuel	19,444	26,272
Change in money pool receivable - net	58,277	92,347
Proceeds from nuclear decommissioning trust fund sales	322,982	348,606
Investment in nuclear decommissioning trust funds	(333,002)	(362,573)
Net cash flow used in investing activities	(179,267)	15,896
Proceeds from the issuance of:
Proceeds from the issuance of long-term debt	859,727	1,007,775
Retirement of long-term debt	(815,710)	(1,069,206)
Dividends paid:
Common stock	(80,653)	(110,500)
Net cash flow provided by financing activities	(36,636)	(171,931)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(56,603)	68,640
Cash and cash equivalents at beginning of period	68,534	95,685
Cash and cash equivalents at end of period	11,931	164,325
Cash paid / (received) during the period for:
Interest - net of amount capitalized	17,178	21,052
Income taxes	$ (4,000)	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Cash and cash equivalents:
Cash	$ 43,859	$ 34,242
Temporary cash investments	1,195,805	391,480
Total cash and cash equivalents	1,239,664	425,722	$ 955,831	$ 480,975
Securitization recovery trust account	47,000	47,000
Accounts receivable:
Customer	844,794	595,509
Allowance for doubtful accounts	(73,426)	(7,404)
Other	122,674	219,870
Accrued unbilled revenues	453,378	400,617
Total accounts receivable	1,347,420	1,208,592
Deferred Fuel Cost	6,798	0
Fuel inventory - at average cost	146,084	145,476
Public Utilities, Inventory	918,962	824,989
Deferred nuclear refueling outage costs	171,081	157,568
Prepaid Expense and Other Assets, Current	232,796	283,645
TOTAL	4,062,805	3,045,992
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	6,786,957	6,404,030
Non-utility property - at cost (less accumulated depreciation)	341,190	332,864
Other	465,903	496,452
TOTAL	7,594,050	7,233,346
PROPERTY, PLANT, AND EQUIPMENT
Electric	57,185,891	54,271,467
Natural gas	577,349	547,110
Construction work in progress	3,477,386	2,823,291
Nuclear fuel	613,298	677,181
TOTAL PROPERTY, PLANT, AND EQUIPMENT	61,853,924	58,319,049
Less - accumulated depreciation and amortization	23,852,928	23,136,356
PROPERTY, PLANT, AND EQUIPMENT - NET	38,000,996	35,182,693
Regulatory assets:
Other regulatory assets	5,422,588	5,292,055
Deferred Fuel Cost Non Current	240,290	239,892
Goodwill	377,172	377,172
Deferred Income Tax Assets, Net	76,247	64,461
Other	296,103	288,301
Deferred Costs and Other Assets	6,412,400	6,261,881
TOTAL ASSETS	56,070,251	51,723,912
CURRENT LIABILITIES
Currently maturing long-term debt	1,050,015	795,012
Short-term borrowings	1,398,205	1,946,727
Accounts payable	2,872,447	1,499,861
Taxes Payable, Current	440,224	233,455
Interest accrued	204,995	194,129
Deferred fuel costs	156,721	197,687
Pension and other postretirement liabilities	59,552	66,184
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	63,261	76,457
Other	221,342	201,780
TOTAL	6,875,526	5,620,463
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	4,668,846	4,401,190
Accumulated deferred investment tax credits	200,914	207,113
Regulatory liability for income taxes - net	1,542,122	1,633,159
Other regulatory liabilities	2,026,867	1,961,005
Decommissioning and asset retirement cost liabilities	6,390,445	6,159,212
Loss Contingency Accrual	495,999	534,028
Pension and other postretirement liabilities	2,534,753	2,798,265
Long-term debt	19,612,664	17,078,643
Deferred Credits and Other Liabilities	695,866	852,749
TOTAL	38,168,476	35,625,364
Subsidiaries' preferred stock without sinking fund	219,410	219,410
Common Shareholders' Equity:
Common Stock, Value, Issued	2,700	2,700
Additional Paid in Capital, Common Stock	6,535,541	6,564,436
Accumulated other comprehensive loss	(390,420)	(446,920)	(419,772)	(557,173)
Less - treasury stock, at cost	5,075,417	5,154,150
TOTAL	10,771,839	10,223,675
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	9,699,435	9,257,609
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,806,839	10,258,675	10,070,061	8,844,305
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	56,070,251	51,723,912
Long-term Transition Bond, Noncurrent	$ 209,177	$ 297,981
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	270,035,180	270,035,180
Securitized Regulatory Transition Assets, Noncurrent	$ 147,813	$ 239,219
Contract with Customer, Liability, Current	408,764	409,171
Entergy Arkansas [Member]
Cash and cash equivalents:
Cash	121	3,519
Temporary cash investments	597,783	0
Total cash and cash equivalents	597,904	3,519	77,069	119
Securitization recovery trust account	0	4,036
Accounts receivable:
Customer	198,901	117,679
Allowance for doubtful accounts	(12,229)	(1,169)
Associated companies	101,064	29,178
Other	41,481	117,653
Accrued unbilled revenues	113,199	108,489
Total accounts receivable	442,416	371,830
Fuel inventory - at average cost	28,984	33,745
Public Utilities, Inventory	227,784	211,320
Deferred nuclear refueling outage costs	44,576	48,875
Prepaid Expense and Other Assets, Current	18,308	14,096
TOTAL	1,359,972	687,421
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,168,806	1,101,283
Other	342	345
TOTAL	1,169,148	1,101,628
PROPERTY, PLANT, AND EQUIPMENT
Electric	12,650,481	12,293,483
Construction work in progress	337,458	197,775
Nuclear fuel	146,150	195,547
TOTAL PROPERTY, PLANT, AND EQUIPMENT	13,134,089	12,686,805
Less - accumulated depreciation and amortization	5,205,764	5,019,826
PROPERTY, PLANT, AND EQUIPMENT - NET	7,928,325	7,666,979
Regulatory assets:
Other regulatory assets	1,717,112	1,666,850
Deferred Fuel Cost Non Current	68,087	67,690
Other	18,013	15,065
Deferred Costs and Other Assets	1,803,212	1,749,605
TOTAL ASSETS	12,260,657	11,205,633
CURRENT LIABILITIES
Currently maturing long-term debt	485,000	0
Associated companies accounts payable	56,535	111,785
Accounts payable	185,221	202,201
Taxes Payable, Current	71,098	81,831
Interest accrued	40,913	22,788
Deferred fuel costs	57,321	53,721
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	0	9,296
Other	47,308	38,760
TOTAL	1,044,329	621,793
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	1,279,679	1,183,126
Accumulated deferred investment tax credits	30,800	31,701
Regulatory liability for income taxes - net	465,204	478,174
Other regulatory liabilities	581,337	559,555
Decommissioning and asset retirement cost liabilities	1,295,437	1,242,616
Loss Contingency Accrual	67,388	63,880
Pension and other postretirement liabilities	287,808	319,075
Long-term debt	3,795,229	3,517,208
Deferred Credits and Other Liabilities	71,901	62,568
TOTAL	7,874,783	7,457,903
Common Shareholders' Equity:
Members' Equity	3,341,545	3,125,937
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,341,545	3,125,937	3,107,239	2,983,103
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	12,260,657	11,205,633
Long-term Transition Bond, Noncurrent	0	6,772
Securitized Regulatory Transition Assets, Noncurrent	0	1,706
Contract with Customer, Liability, Current	100,933	101,411
Entergy Louisiana [Member]
Cash and cash equivalents:
Cash	347	488
Temporary cash investments	251,816	1,518
Total cash and cash equivalents	252,163	2,006	128,045	43,364
Securitization recovery trust account	9,600	3,700
Accounts receivable:
Customer	306,768	194,869
Allowance for doubtful accounts	(27,157)	(1,902)
Associated companies	91,987	77,212
Other	40,667	42,179
Accrued unbilled revenues	191,661	169,201
Total accounts receivable	603,926	481,559
Deferred Fuel Cost	6,087	0
Fuel inventory - at average cost	45,458	41,613
Public Utilities, Inventory	411,923	354,020
Deferred nuclear refueling outage costs	31,643	56,743
Prepaid Expense and Other Assets, Current	48,537	37,837
Prepaid Taxes	0	7,959
TOTAL	1,399,737	981,737
Investments in and Advances to Affiliates, at Fair Value	1,390,587	1,390,587
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,650,425	1,563,812
Non-utility property - at cost (less accumulated depreciation)	320,815	312,896
Storm Reserve Escrow Account	256,740	295,875
Other	13,267	13,476
TOTAL	3,631,834	3,576,646
PROPERTY, PLANT, AND EQUIPMENT
Electric	23,986,044	22,620,365
Natural gas	247,328	235,678
Construction work in progress	1,800,139	1,383,603
Nuclear fuel	220,704	267,779
TOTAL PROPERTY, PLANT, AND EQUIPMENT	26,254,215	24,507,425
Less - accumulated depreciation and amortization	9,314,920	9,118,524
PROPERTY, PLANT, AND EQUIPMENT - NET	16,939,295	15,388,901
Regulatory assets:
Other regulatory assets	1,445,054	1,315,211
Deferred Fuel Cost Non Current	168,122	168,122
Other	31,440	33,491
Deferred Costs and Other Assets	1,644,616	1,516,824
TOTAL ASSETS	23,615,482	21,464,108
CURRENT LIABILITIES
Currently maturing long-term debt	240,000	320,002
Associated companies accounts payable	115,926	187,615
Accounts payable	1,679,785	357,206
Taxes Payable, Current	140,420	0
Interest accrued	83,524	87,744
Deferred fuel costs	0	55,645
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	31,138	31,138
Other	66,510	64,668
TOTAL	2,511,869	1,257,115
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	2,549,035	2,464,513
Accumulated deferred investment tax credits	108,520	112,128
Regulatory liability for income taxes - net	460,482	500,083
Other regulatory liabilities	813,980	794,140
Decommissioning and asset retirement cost liabilities	1,553,957	1,497,349
Loss Contingency Accrual	277,795	320,419
Pension and other postretirement liabilities	629,990	677,619
Long-term debt	7,411,976	6,983,667
Deferred Credits and Other Liabilities	331,248	459,957
TOTAL	14,136,983	13,809,875
Common Shareholders' Equity:
Accumulated other comprehensive loss	12,284	4,562
Members' Equity	6,954,346	6,392,556
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	6,966,630	6,397,118	6,310,955	5,902,918
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	23,615,482	21,464,108
Long-term Transition Bond, Noncurrent	22,676	33,220
Securitized Regulatory Transition Assets, Noncurrent	10,498	27,596
Contract with Customer, Liability, Current	154,566	153,097
Entergy Mississippi [Member]
Cash and cash equivalents:
Cash	16	11
Temporary cash investments	43,022	51,590
Total cash and cash equivalents	43,038	51,601	98,936	36,954
Accounts receivable:
Customer	108,365	92,050
Allowance for doubtful accounts	(11,385)	(636)
Associated companies	10,436	49,257
Other	16,181	14,986
Accrued unbilled revenues	59,890	47,426
Total accounts receivable	183,487	203,083
Fuel inventory - at average cost	15,498	15,139
Public Utilities, Inventory	60,882	57,972
Prepaid Expense and Other Assets, Current	7,768	7,149
TOTAL	310,673	334,944
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	4,547	4,560
Escrow accounts	80,326	80,201
TOTAL	84,873	84,761
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,917,691	5,672,589
Construction work in progress	169,686	88,373
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,087,377	5,760,962
Less - accumulated depreciation and amortization	1,979,372	1,894,000
PROPERTY, PLANT, AND EQUIPMENT - NET	4,108,005	3,866,962
Regulatory assets:
Other regulatory assets	409,959	377,972
Other	15,840	10,105
Deferred Costs and Other Assets	425,799	388,077
TOTAL ASSETS	4,929,350	4,674,744
CURRENT LIABILITIES
Associated companies accounts payable	42,287	48,090
Accounts payable	95,917	94,729
Taxes Payable, Current	80,295	90,661
Interest accrued	27,975	18,900
Deferred fuel costs	24,404	70,402
Other	45,910	32,667
TOTAL	403,205	441,387
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	639,865	594,832
Accumulated deferred investment tax credits	9,482	9,602
Regulatory liability for income taxes - net	228,993	236,988
Other regulatory liabilities	18,915	21,512
Decommissioning and asset retirement cost liabilities	9,629	9,727
Loss Contingency Accrual	49,993	50,021
Pension and other postretirement liabilities	87,971	99,406
Long-term debt	1,780,310	1,614,129
Deferred Credits and Other Liabilities	46,328	54,989
TOTAL	2,871,486	2,691,206
Common Shareholders' Equity:
Members' Equity	1,654,659	1,542,151
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,654,659	1,542,151	1,390,528	1,292,226
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	4,929,350	4,674,744
Contract with Customer, Liability, Current	86,417	85,938
Entergy New Orleans [Member]
Cash and cash equivalents:
Cash	32	26
Temporary cash investments	0	5,991
Total cash and cash equivalents	32	6,017	26	19,677
Securitization recovery trust account	6,165	1,989
Accounts receivable:
Customer	67,572	48,265
Allowance for doubtful accounts	(12,025)	(3,226)
Associated companies	2,448	6,280
Other	5,630	7,378
Accrued unbilled revenues	26,226	25,453
Total accounts receivable	89,851	84,150
Deferred Fuel Cost	711	0
Fuel inventory - at average cost	1,730	1,920
Public Utilities, Inventory	15,609	13,522
Prepaid Expense and Other Assets, Current	5,806	4,846
TOTAL	119,904	112,444
OTHER PROPERTY AND INVESTMENTS
Non-utility property - at cost (less accumulated depreciation)	1,016	1,016
Storm Reserve Escrow Account	83,033	82,605
TOTAL	84,049	83,621
PROPERTY, PLANT, AND EQUIPMENT
Electric	1,712,743	1,467,215
Natural gas	330,021	311,432
Construction work in progress	74,915	201,829
TOTAL PROPERTY, PLANT, AND EQUIPMENT	2,117,679	1,980,476
Less - accumulated depreciation and amortization	740,115	715,406
PROPERTY, PLANT, AND EQUIPMENT - NET	1,377,564	1,265,070
Regulatory assets:
Other regulatory assets	257,167	259,363
Deferred Fuel Cost Non Current	4,080	4,080
Other	20,975	10,720
Deferred Costs and Other Assets	282,222	274,163
TOTAL ASSETS	1,863,739	1,735,298
CURRENT LIABILITIES
Currently maturing long-term debt	25,000	25,000
Notes Payable, Related Parties, Current	1,838	1,838
Associated companies accounts payable	46,266	43,222
Accounts payable	35,789	43,963
Taxes Payable, Current	2,019	4,302
Interest accrued	6,581	6,916
Deferred fuel costs	0	4,918
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	3,296	9,470
Other	5,301	15,827
TOTAL	154,182	183,949
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	368,411	354,536
Accumulated deferred investment tax credits	2,085	2,131
Regulatory liability for income taxes - net	46,771	49,090
Decommissioning and asset retirement cost liabilities	3,705	3,522
Loss Contingency Accrual	89,898	88,542
Long-term debt	635,465	521,539
Notes Payable, Related Parties, Noncurrent	12,529	12,529
Deferred Credits and Other Liabilities	17,549	21,881
TOTAL	1,176,413	1,053,770
Common Shareholders' Equity:
Members' Equity	533,144	497,579
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	533,144	497,579	491,884	444,950
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,863,739	1,735,298
Long-term Transition Bond, Noncurrent	47,207	52,641
Securitized Regulatory Transition Assets, Noncurrent	38,969	49,542
Contract with Customer, Liability, Current	28,092	28,493
Entergy Texas [Member]
Cash and cash equivalents:
Cash	34	25
Temporary cash investments	0	12,904
Total cash and cash equivalents	34	12,929	92,278	56
Securitization recovery trust account	30,864	37,720
Accounts receivable:
Customer	116,531	59,365
Allowance for doubtful accounts	(10,629)	(471)
Associated companies	17,282	24,001
Other	8,286	17,050
Accrued unbilled revenues	62,401	50,048
Total accounts receivable	193,871	149,993
Fuel inventory - at average cost	49,319	47,593
Public Utilities, Inventory	50,701	46,056
Prepaid Expense and Other Assets, Current	24,624	21,012
TOTAL	349,413	315,303
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity	364	396
Non-utility property - at cost (less accumulated depreciation)	376	376
Other	19,667	20,077
TOTAL	20,407	20,849
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,705,892	5,199,027
Construction work in progress	1,003,217	760,354
TOTAL PROPERTY, PLANT, AND EQUIPMENT	6,709,109	5,959,381
Less - accumulated depreciation and amortization	1,840,542	1,770,852
PROPERTY, PLANT, AND EQUIPMENT - NET	4,868,567	4,188,529
Regulatory assets:
Other regulatory assets	469,744	512,648
Other	62,534	33,393
Deferred Costs and Other Assets	532,278	546,041
TOTAL ASSETS	5,770,665	5,070,722
CURRENT LIABILITIES
Currently maturing long-term debt	200,000	0
Associated companies accounts payable	107,215	58,055
Accounts payable	325,265	188,460
Taxes Payable, Current	37,085	49,708
Interest accrued	11,137	18,992
Deferred fuel costs	74,996	13,001
Current portion of regulatory liability for income taxes - net related to unprotected ADIT	28,827	26,552
Other	12,387	10,521
TOTAL	835,667	405,521
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	634,679	585,413
Accumulated deferred investment tax credits	10,096	10,559
Regulatory liability for income taxes - net	189,066	225,980
Other regulatory liabilities	36,933	42,085
Decommissioning and asset retirement cost liabilities	7,952	7,631
Loss Contingency Accrual	8,039	8,108
Long-term debt	1,847,749	1,922,956
Deferred Credits and Other Liabilities	55,769	63,062
TOTAL	2,790,283	2,865,794
Common Shareholders' Equity:
Common Stock, Value, Issued	49,452	49,452
Additional Paid in Capital, Common Stock	955,162	780,182
TOTAL	2,109,715	1,764,407
Stockholders' Equity Attributable to Noncontrolling Interest	35,000	35,000
Retained Earnings (Accumulated Deficit)	1,105,101	934,773
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	2,144,715	1,799,407	1,676,780	1,422,402
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	5,770,665	5,070,722
Long-term Transition Bond, Noncurrent	$ 139,295	$ 205,349
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	46,525,000	46,525,000
Securitized Regulatory Transition Assets, Noncurrent	$ 98,347	$ 160,375
Common Stock, Shares, Outstanding	46,525,000	46,525,000
Contract with Customer, Liability, Current	$ 38,755	$ 40,232
System Energy [Member]
Cash and cash equivalents:
Cash	118	93
Temporary cash investments	11,813	68,441
Total cash and cash equivalents	11,931	68,534	164,325	95,685
Accounts receivable:
Associated companies	51,524	121,972
Other	4,081	7,547
Total accounts receivable	55,605	129,519
Public Utilities, Inventory	120,921	108,766
Deferred nuclear refueling outage costs	41,225	14,493
Prepaid Expense and Other Assets, Current	7,722	6,045
TOTAL	237,404	327,357
OTHER PROPERTY AND INVESTMENTS
Decommissioning trust funds	1,114,508	1,054,098
TOTAL	1,114,508	1,054,098
PROPERTY, PLANT, AND EQUIPMENT
Electric	5,291,882	5,070,859
Construction work in progress	53,959	164,996
Nuclear fuel	185,314	149,574
TOTAL PROPERTY, PLANT, AND EQUIPMENT	5,531,155	5,385,429
Less - accumulated depreciation and amortization	3,329,347	3,285,487
PROPERTY, PLANT, AND EQUIPMENT - NET	2,201,808	2,099,942
Regulatory assets:
Other regulatory assets	516,039	490,083
Deferred Income Tax Assets, Net	0	8,023
Other	3,142	3,192
Deferred Costs and Other Assets	519,181	501,298
TOTAL ASSETS	4,072,901	3,982,695
CURRENT LIABILITIES
Currently maturing long-term debt	100,015	10
Associated companies accounts payable	13,440	14,619
Accounts payable	35,222	64,144
Taxes Payable, Current	445,509	13,832
Interest accrued	11,805	11,993
Other	3,379	3,381
TOTAL	609,370	107,979
NON-CURRENT LIABILITIES
Deferred Income Tax Liabilities, Net	395,806	821,963
Accumulated deferred investment tax credits	39,222	40,181
Regulatory liability for income taxes - net	151,606	142,845
Other regulatory liabilities	570,301	533,415
Decommissioning and asset retirement cost liabilities	959,476	931,729
Pension and other postretirement liabilities	98,783	109,816
Long-term debt	492,596	548,097
Deferred Credits and Other Liabilities	35,758	34,602
TOTAL	2,743,548	3,162,648
Common Shareholders' Equity:
Common Stock, Value, Issued	601,850	601,850
Retained Earnings (Accumulated Deficit)	118,133	110,218
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	719,983	712,068	$ 699,779	$ 737,198
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 4,072,901	$ 3,982,695
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 Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securitization property	$ 147,813	$ 239,219
Securitization bonds	$ 209,177	$ 297,981
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	270,035,180	270,035,180
Treasury stock, shares	69,803,566	70,886,400
Entergy Arkansas [Member]
Securitization property	$ 0	$ 1,706
Securitization bonds	0	6,772
Entergy Louisiana [Member]
Securitization property	10,498	27,596
Securitization bonds	22,676	33,220
Entergy New Orleans [Member]
Securitization property	38,969	49,542
Securitization bonds	47,207	52,641
Entergy Texas [Member]
Securitization property	98,347	160,375
Securitization bonds	$ 139,295	$ 205,349
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 Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net income	$ 525,699	$ 369,459	$ 1,014,105	$ 868,639
Other comprehensive income (loss)
Cash flow hedges net unrealized gain (loss)	(16,558)	(20,103)	(63,674)	62,453
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	17,437	25,464	88,560	48,510
Net unrealized investment gains	(2,695)	5,271	31,614	33,244
Other comprehensive income (loss)	(1,816)	10,632	56,500	144,207
Total comprehensive income	523,883	380,091	1,070,605	1,012,846
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580	4,219	13,739	12,438
Comprehensive Income Attributable to Entergy Corporation	519,303	375,872	1,056,866	1,000,408
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	4,697	6,760	24,487	13,086
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	(1,513)	1,303	18,042	17,472
Entergy Louisiana [Member]
Net income	223,466	255,260	583,321	565,977
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax	(800)	(969)	7,722	(2,907)
Other comprehensive income (loss)	(800)	(969)	7,722	(2,907)
Total comprehensive income	222,666	254,291	591,043	563,070
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(282)	(342)	2,724	(1,026)
Entergy Arkansas [Member]
Net income	$ 135,843	$ 149,716	$ 240,608	$ 239,136

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	$ (4,408)	$ (5,343)	$ (16,945)	$ 14,547
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	4,697	6,760	24,487	13,086
Other Comprehensive Income (Loss), Securities, Available-for-sale, Tax	(1,513)	1,303	18,042	17,472
Entergy Louisiana [Member]
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	$ (282)	$ (342)	$ 2,724	$ (1,026)

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Equity - USD ($) $ in Thousands	Total	Subsidiaries Preferred Stock [Member]	Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Common Stock [Member]	Treasury Stock [Member]	Entergy Texas [Member]	Entergy Texas [Member]Subsidiaries Preferred Stock [Member]	Entergy Texas [Member]Paid In Capital [Member]	Entergy Texas [Member]Retained Earnings [Member]	Entergy Texas [Member]Common Stock [Member]	Entergy Mississippi [Member]	Entergy Arkansas [Member]	Entergy Louisiana [Member]	Entergy Louisiana [Member]Member's Equity [Member]	Entergy Louisiana [Member]Accumulated Other Comprehensive Income [Member]	Entergy New Orleans [Member]	System Energy [Member]	System Energy [Member]Retained Earnings [Member]	System Energy [Member]Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 8,844,305	$ 0	$ 5,951,431	$ 8,721,150	$ (557,173)	$ 2,616	$ (5,273,719)	$ 1,422,402	$ 0	$ 596,994	$ 775,956	$ 49,452	$ 1,292,226	$ 2,983,103	$ 5,902,918	$ 5,909,071	$ (6,153)	$ 444,950	$ 737,198	$ 135,348	$ 601,850
Consolidated net income	258,646	4,109	0	254,537	0	0	0	21,342	0	0	21,342	0	15,398	39,121	127,633	127,633	0	9,023	23,578	23,578	0
Dividends, Common Stock, Cash	(172,591)	0	0	(172,591)	0	0	0								(49,000)	(49,000)	0		(45,500)	(45,500)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,109)	(4,109)	0	0	0	0	0
Other comprehensive income (loss)	12,827	0	0	0	12,827	0	0								(969)	0	(969)
Common stock issuances related to stock plans	(31,289)	0	31,248	0	0	0	(62,537)
Other															(11)	(11)	0
Dividends, Preferred Stock, Cash	4,100
Consolidated net income	868,639							133,502					98,302	239,136	565,977			46,934	73,081
Proceeds from Contributions from Parent								87,500
Proceeds from Issuance of Preferred Stock and Preference Stock	33,486							33,486
Payments of Ordinary Dividends, Preferred Stock and Preference Stock								0
Other comprehensive income (loss)	144,207														(2,907)
Payments for Repurchase of Preferred Stock and Preference Stock	50,000
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	12,438							110
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	8,970,367	0	5,920,183	8,809,902	(551,152)	2,616	(5,211,182)	1,443,744	0	596,994	797,298	49,452	1,307,624	3,022,224	5,980,571	5,987,693	(7,122)	453,973	715,276	113,426	601,850
Consolidated net income	240,533	4,109	0	236,424	0	0	0	38,936	0	0	38,936	0	26,667	50,299	183,084	183,084	0	13,003	24,472	24,472	0
Dividends, Common Stock, Cash	(172,861)	0	0	(172,861)	0	0	0							(115,000)	(53,000)	(53,000)	0		(42,500)	(42,500)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,109)	(4,109)	0	0	0	0	0
Other comprehensive income (loss)	120,748	0	0	0	120,748	0	0								(969)	0	(969)
Stock Issued During Period, Value, New Issues	(607,650)	0	(607,566)	0	0	(84)	0
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	(7)	0	(7)	0	0	0	0
Common stock issuances related to stock plans	(35,182)	0	(11,791)	0	0	0	(23,391)
Other															(14)	(14)	0
Dividends, Preferred Stock, Cash	4,100
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	9,797,503	0	6,539,533	8,873,465	(430,404)	2,700	(5,187,791)	1,482,680	0	596,994	836,234	49,452	1,334,291	2,957,523	6,109,672	6,117,763	(8,091)	466,976	697,248	95,398	601,850
Consolidated net income	369,459	4,219	0	365,240	0	0	0	73,224	0	0	73,224	0	56,237	149,716	255,260	255,260	0	24,908	25,031	25,031	0
Proceeds from Contributions from Parent								87,500	0	87,500	0	0
Proceeds from Issuance of Preferred Stock and Preference Stock	35,000	35,000	0	0	0	0	0	33,486	35,000	(1,514)	0	0
Dividends, Common Stock, Cash	(180,956)	0	0	(180,956)	0	0	0								(53,000)	(53,000)	0		(22,500)	(22,500)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,219)	(4,219)	0	0	0	0	0
Other comprehensive income (loss)	10,632	0	0	0	10,632	0	0								(969)	0	(969)
Common stock issuances related to stock plans	(42,642)	0	(13,476)	0	0	0	(29,166)
Other															(8)	(8)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,219							110
Dividends, Preferred Stock, Cash	4,100							110	0	0	110	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,070,061	35,000	6,553,009	9,057,749	(419,772)	2,700	(5,158,625)	1,676,780	35,000	682,980	909,348	49,452	1,390,528	3,107,239	6,310,955	6,320,015	(9,060)	491,884	699,779	97,929	601,850
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,258,675	35,000	6,564,436	9,257,609	(446,920)	2,700	(5,154,150)	1,799,407	35,000	780,182	934,773	49,452	1,542,151	3,125,937	6,397,118	6,392,556	4,562	497,579	712,068	110,218	601,850
Consolidated net income	123,294	4,580	0	118,714	0	0	0	32,707	0	0	32,707	0	22,526	44,595	189,396	189,396	0	11,186	28,513	28,513	0
Proceeds from Contributions from Parent								175,000	0	175,000	0	0
Dividends, Common Stock, Cash	(185,763)	0	0	(185,763)	0	0	0						(2,500)		(11,500)	(11,500)	0		(13,653)	(13,653)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	47,933	0	0	0	47,933	0	0								9,467	0	9,467
Common stock issuances related to stock plans	(19,827)	0	53,753	0	0	0	(73,580)
Other															(10)	(10)	0
Dividends, Preferred Stock, Cash	4,100							470	0	0	470	0
Consolidated net income	1,014,105							171,739					120,008	240,608	583,321			35,565	88,568
Proceeds from Contributions from Parent								175,000
Proceeds from Issuance of Preferred Stock and Preference Stock	0							0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock								(1,594)
Other comprehensive income (loss)	56,500														7,722
Payments for Repurchase of Preferred Stock and Preference Stock	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	13,739							1,411
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,258,967	35,000	6,510,683	9,190,141	(398,987)	2,700	(5,080,570)	2,006,644	35,000	955,182	967,010	49,452	1,562,177	3,170,532	6,584,471	6,570,442	14,029	508,765	726,928	125,078	601,850
Consolidated net income	365,113	4,580	0	360,533	0	0	0	46,868	0	0	46,868	0	38,893	60,170	170,459	170,459	0	4,929	28,991	28,991	0
Dividends, Common Stock, Cash	(186,151)	0	0	(186,151)	0	0	0								(5,000)	(5,000)	0		(46,000)	(46,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	10,383	0	0	0	10,383	0	0								(945)	0	(945)
Common stock issuances related to stock plans	(17,256)	0	(13,647)	0	0	0	(3,609)
Other								(10)	0	(10)	0	0			(13)	(13)	0
Dividends, Preferred Stock, Cash	4,100							471	0	0	471	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	10,460,988	35,000	6,524,330	9,364,523	(388,604)	2,700	(5,076,961)	2,053,031	35,000	955,172	1,013,407	49,452	1,601,070	3,230,702	6,748,972	6,735,888	13,084	513,694	709,919	108,069	601,850
Consolidated net income	525,699	4,580	0	521,119	0	0	0	92,164	0	0	92,164	0	58,589	135,843	223,466	223,466	0	19,450	31,064	31,064	0
Dividends, Common Stock, Cash	(186,207)	0	0	(186,207)	0	0	0						(5,000)	(25,000)	(5,000)	(5,000)	0		(21,000)	(21,000)	0
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	(4,580)	(4,580)	0	0	0	0	0
Other comprehensive income (loss)	(1,816)	0	0	0	(1,816)	0	0								(800)	0	(800)
Common stock issuances related to stock plans	(12,755)	0	(11,211)	0	0	0	(1,544)
Other								(10)	0	(10)	0	0			(8)	(8)	0
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders	4,580							470
Dividends, Preferred Stock, Cash	4,100							470	0	0	470	0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 10,806,839	$ 35,000	$ 6,535,541	$ 9,699,435	$ (390,420)	$ 2,700	$ (5,075,417)	$ 2,144,715	$ 35,000	$ 955,162	$ 1,105,101	$ 49,452	$ 1,654,659	$ 3,341,545	$ 6,966,630	$ 6,954,346	$ 12,284	$ 533,144	$ 719,983	$ 118,133	$ 601,850

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Arkansas [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Louisiana [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Mississippi [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy New Orleans [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
Entergy Texas [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. Nuclear Insurance See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants. Non-Nuclear Property Insurance See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program. Employment and Labor-related Proceedings See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings. Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas) See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation. Grand Gulf-Related Agreements
System Energy [Member]
Commitments And Contingencies	NOTE 1. COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory commissions, and governmental agencies in the ordinary course of business. While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report. Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein. Vidalia Purchased Power Agreement See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement. ANO Damage, Outage, and NRC Reviews See Note 8 to the financial statements in the Form 10-K for a discussion of the ANO stator incident, subsequent NRC reviews, and the deferral of replacement power costs. 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. As discussed in the Form 10-K, in December 2019 the U.S. Court of Federal Claims issued a judgment in the amount of $80 million in favor of Entergy Arkansas to resolve claims in the third round ANO damages case and issued a judgment in the amount of $7 million in favor of Entergy FitzPatrick Properties (formerly Entergy Nuclear FitzPatrick) in the second round FitzPatrick damages case. Payment of both judgments was received from the U.S. Treasury in January 2020. In April 2020 the U.S. Court of Federal Claims issued a final judgment in the amount of $33 million in favor of Entergy Louisiana against the DOE in the second round Waterford 3 damages case. Entergy Louisiana received payment from the U.S. Treasury in June 2020. The effects of recording the judgment were reductions to plant, nuclear fuel expense, and other operation and maintenance expense. The Waterford 3 damages awarded included $20 million related to costs previously recorded as nuclear fuel expense, $8 million related to costs previously recorded as other operation and maintenance expenses, and $5 million in costs previously capitalized. 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, 2020
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe
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. Other Regulatory Assets Hurricane Laura In August 2020, Hurricane Laura caused severe damage to the Entergy distribution and transmission systems across Louisiana and Texas. The storm resulted in widespread power outages and, as a result of the storm’s extensive damage to the grid infrastructure serving the impacted area, large portions of the underlying transmission system required nearly a complete rebuild. Total restoration costs for the repair and/or replacement of the electrical system damaged by Hurricane Laura are currently estimated to be in the range of $1.5 billion to $1.7 billion, including $1.25 billion to $1.4 billion at Entergy Louisiana and $230 million to $260 million at Entergy Texas. Entergy also expects Utility revenues in 2020 to be adversely affected, primarily due to power outages resulting from the hurricane. Entergy is considering all available avenues to recover storm-related costs from Hurricane Laura, including accessing funded storm reserve escrows and securitization. Storm cost recovery or financing will be subject to review by applicable regulatory authorities. Entergy has recorded accounts payable for the estimated costs incurred that were necessary to return customers to service. Entergy recorded co rresponding regulatory assets of approximately $205 million, including $155 million at Entergy Louisiana and $40 million at Entergy Texas, and construction work in progress of approximately $1.295 billion, including $1.095 billion at Entergy Louisiana and $190 million at Entergy Texas. Entergy recorded the regulatory assets in accordance with its accounting policies and based on the historic treatment o f such costs in its service area because management believes that recovery through some form of regulatory mechanism is probable. There are well established mechanisms and precedent for addressing these catastrophic events and providing for recovery of prudently incurred storm costs in accordance with applicable regulatory and legal principles. Because Entergy has not gone through the regulatory process regarding these storm costs, there is an element of risk, and Entergy is unable to predict with certainty the degree of success it may have in its recovery initiatives, the amount of restoration costs that it may ultimately recover, or the timing of such recovery. Regulatory activity regarding the Tax Cuts and Jobs Act System Energy In a filing made with the FERC in March 2018, System Energy proposed revisions to the Unit Power Sales Agreement to reflect the effects of the Tax Act. In the filing System Energy proposed to return identified quantities of unprotected excess accumulated deferred income taxes to its customers by the end of 2018. In May 2018 the FERC accepted System Energy’s proposed tax revisions with an effective date of June 1, 2018, subject to refund and the outcome of settlement and hearing procedures. Settlement discussions were terminated in April 2019, and the hearing was held in March 2020. The retail regulators of the Utility operating companies that are parties to the Unit Power Sales Agreement challenged the treatment and amount of excess accumulated deferred income tax liabilities associated with uncertain tax positions related to nuclear decommissioning. In July 2020 the presiding ALJ in the proceeding issued an initial decision finding that there is an additional $147 million in unprotected excess accumulated deferred income taxes related to System Energy’s uncertain decommissioning tax deduction. The initial decision determined that System Energy should have included the $147 million in its March 2018 filing. System Energy had not included credits related to the effect of the Tax Act on the uncertain decommissioning tax position because it was uncertain whether the IRS would allow the deduction. The initial decision rejected both System Energy’s alternative argument that any crediting should occur over a ten-year period and the retail regulators’ argument that any crediting should occur over a two-year period. Instead, the initial decision concluded that System Energy should credit the additional unprotected excess accumulated deferred income taxes in a single lump sum revenue requirement reduction following a FERC order addressing the initial decision. The ALJ initial decision is an interim step in the FERC litigation process. In September 2020, System Energy filed a brief on exceptions with the FERC, re-urging its positions and requesting the reversal of the ALJ’s initial decision. Briefs opposing exceptions are scheduled for December 2020. The FERC will then review the case and issue an order in the proceeding, and the FERC may accept, reject, or modify the ALJ’s initial decision in whole or in part. Credits, if any, that might be required will only become due after the FERC issues its order reviewing the initial decision. As discussed below in “Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue,” in September 2020 the IRS issued a Notice of Proposed Adjustment (NOPA) and Entergy executed it. In September 2020, System Energy filed a motion to lodge the NOPA into the record in the FERC proceeding. In October 2020 the LPSC, APSC, MPSC, City Council, and FERC trial staff filed oppositions to System Energy’s motion. As a result of the NOPA, System Energy filed, in October 2020, a new Federal Power Act section 205 filing at the FERC to credit the excess accumulated deferred income taxes resulting from the decommissioning uncertain tax position. System Energy proposes to credit the entire amount of the excess accumulated deferred income taxes arising from the successful portion of the decommissioning uncertain tax position by issuing a one-time credit of $17.8 million on the October 2020 bill. Comments, protests, and interventions in this filing are due in November 2020. Fuel and purchased power cost recovery Entergy Arkansas Energy Cost Recovery Rider In March 2020, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected a decrease from $0.01462 per kWh to $0.01052 per kWh. The redetermined rate became effective with the first billing cycle in April 2020 through the normal operation of the tariff. Entergy Louisiana In March 2020 the LPSC staff provided notice of an audit of Entergy Louisiana’s fuel adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s fuel adjustment clause for the period from 2016 through 2019. Discovery commenced in September 2020. Entergy Mississippi In November 2019, Entergy Mississippi filed its annual redetermination of the annual factor to be applied under the energy cost recovery rider. The calculation included $39.6 million of prior over-recovery flowing back to customers beginning February 2020. Entergy Mississippi’s balance in its deferred fuel account did not decrease as expected after implementation of the new factor. In an effort to assist customers during the COVID-19 pandemic, in May 2020, Entergy Mississippi requested an interim adjustment to the energy cost recovery rider to credit approximately $50 million from the over-recovered balance in the deferred fuel account to customers over four consecutive billing months. The MPSC approved this interim adjustment in May 2020 effective for June through September 2020 bills. Entergy Texas In September 2019, Entergy Texas filed an application to reconcile its fuel and purchased power costs for the period from April 2016 through March 2019. During the reconciliation period, Entergy Texas incurred approximately $1.6 billion in Texas jurisdictional eligible fuel and purchased power expenses, net of certain revenues credited to such expenses and other adjustments. Entergy Texas estimated an under-recovery balance of approximately $25.8 million, including interest, which Entergy Texas requested authority to carry over as the beginning balance for the subsequent reconciliation period beginning April 2019. In March 2020 an intervenor filed testimony proposing that the PUCT disallow: (1) $2 million in replacement power costs associated with generation outages during the reconciliation period; and (2) $24.4 million associated with the operation of the Spindletop natural gas storage facility during the reconciliation period. In April 2020, Entergy Texas filed rebuttal testimony refuting all points raised by the intervenor. In June 2020 the parties filed a stipulation and settlement agreement, which included a $1.2 million disallowance not associated with any particular issue raised by any party. The PUCT approved the settlement in August 2020. In July 2020, Entergy Texas filed an application with the PUCT to implement an interim fuel refund of $25.5 million, including interest. Entergy Texas proposed that the interim fuel refund be implemented beginning with the first August 2020 billing cycle over a three-month period for smaller customers and in a lump sum amount in the billing month of August 2020 for transmission-level customers. The interim fuel refund was approved in July 2020, and Entergy Texas began refunds in August 2020. Retail Rate Proceedings See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion. Filings with the APSC (Entergy Arkansas) Retail Rates 2020 Formula Rate Plan Filing In July 2020, Entergy Arkansas filed with the APSC its 2020 formula rate plan filing to set its formula rate for the 2021 calendar year. The filing contained an evaluation of Entergy Arkansas’s earnings for the projected year 2021, as amended through subsequent filings in the proceeding, and a netting adjustment for the historical year 2019. Entergy Arkansas’s earned rate of return on common equity is 8.22% for the 2021 projected year and 9.07% for the 2019 historical year. The total revenue change is based upon a deficiency of approximately $64.3 million for the 2021 projected year and approximately $23.9 million for the 2019 historical year netting adjustment. The total proposed formula rate plan rider revenue change for 2021 is $88.2 million to produce a target rate of return of 9.75% for the projected year and the historical year. 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 exceeds the constraint, the resulting increase is limited to $72.6 million. In October 2020 other parties in the proceeding filed their errors and objections recommending certain adjustments that would reduce the initially-proposed $74.3 million revenue requirement increase, and Entergy Arkansas filed responsive testimony disputing these adjustments. In October 2020, Entergy Arkansas filed with the APSC a unanimous settlement agreement reached with the other parties that resolved all but one issue. As a result of the settlement agreement, Entergy Arkansas’s requested revenue increase is $68.4 million, which is below the $72.6 million cap constraint. The remaining issue to be litigated concerns the methodology used to account for historical year revenues in the netting adjustment. Two parties have proposed a new methodology that, if adopted, effectively would reduce Entergy Arkansas’s request to $0.9 million for the 2021 projected year. This remaining issue will go to hearing in November 2020 and a final decision by the APSC is expected in December 2020. Also with the formula rate plan filing, Entergy Arkansas is requesting an extension of the formula rate plan rider for a second five-year term. A decision by the APSC on the extension is requested before February 2021. COVID-19 Orders In April 2020, in light of the COVID-19 pandemic, the APSC issued an order requiring utilities, to the extent they had not already done so, to suspend service disconnections during the remaining pendency of the Arkansas Governor’s emergency declaration or until the APSC rescinds the directive. The order also authorizes utilities to establish a regulatory asset to record costs resulting from the suspension of service disconnections, directs that in future proceedings the APSC will consider whether the request for recovery of these regulatory assets is reasonable and necessary, and requires utilities to track and report the costs and any savings directly attributable to suspension of disconnects. In May 2020 the APSC approved Entergy Arkansas expanding deferred payment agreements to assist customers during the pandemic. Quarterly reporting began in August 2020 and the APSC ordered additional reporting in October 2020 regarding utilities’ transitional plans for ending the moratorium on service disconnects. As of September 30, 2020, Entergy Arkansas recorded a regulatory asset of $6.1 million for costs associated with the COVID-19 pandemic. Filings with the LPSC (Entergy Louisiana) Retail Rates - Electric 2017 Formula Rate Plan Filing As discussed in the Form 10-K, in May 2019, Entergy Louisiana filed an update to its 2017 formula rate plan evaluation report to include the estimated first-year revenue requirement of $109.5 million associated with the J. Wayne Leonard Power Station (formerly St. Charles Power Station). The resulting interim adjustment to rates became effective with the first billing cycle of June 2019. In June 2020, Entergy Louisiana submitted information to the LPSC to review the prudence of Entergy Louisiana’s management of the project. In August 2020 discovery commenced and a procedural schedule was established with a hearing in July 2021. 2018 Formula Rate Plan Filing Commercial operation at Lake Charles Power Station commenced in March 2020. In March 2020, Entergy Louisiana filed an update to its 2018 formula rate plan evaluation report to include the estimated first-year revenue requirement of $108 million associated with the Lake Charles Power Station. The resulting interim adjustment to rates became effective with the first billing cycle of April 2020. 2019 Formula Rate Plan Filing In May 2020, Entergy Louisiana filed with the LPSC its formula rate plan evaluation report for its 2019 calendar year operations. The 2019 test year evaluation report produced an earned return on common equity of 9.66%. As such, no change to base rider formula rate plan revenue is required. Although base rider formula rate plan revenue will not change as a result of this filing, overall formula rate plan revenues will increase by approximately $103 million. This outcome is driven by the removal of prior year credits associated with the sale of the Willow Glen Power Station and an increase in the transmission recovery mechanism. Also contributing to the overall change is an increase in legacy formula rate plan revenue requirements driven by legacy Entergy Louisiana capacity cost true-ups and higher annualized legacy Entergy Gulf States Louisiana revenues due to higher billing determinants, offset by reductions in MISO cost recovery mechanism and tax reform adjustment mechanism revenue requirements. In August 2020 the LPSC staff submitted a list of items for which it needs additional information to confirm the accuracy and compliance of the 2019 test year evaluation report. The LPSC staff objected to a proposed revenue neutral adjustment regarding a certain rider as being beyond the scope of permitted formula rate plan adjustments. Rates reflected in the May 2020 filing, with the exception of the revenue neutral rider adjustment, and as updated in an August 2020 filing, were implemented in September 2020, subject to refund. Entergy Louisiana is in the process of providing additional information and details on the May 2020 filing as requested by the LPSC staff. Request for Extension and Modification of Formula Rate Plan In May 2020, Entergy Louisiana filed with the LPSC its application for authority to extend its formula rate plan. In its application, Entergy Louisiana seeks to maintain a 9.8% return on equity, with a bandwidth of 60 basis points above and below the midpoint, with a first-year midpoint reset. Entergy Louisiana also seeks to maintain its existing additional capacity mechanism, tax reform adjustment mechanism, transmission recovery mechanism, and the MISO cost recovery mechanism. Entergy Louisiana also seeks to add a distribution cost recovery mechanism which operates in substantially the same manner as the transmission recovery mechanism, seeks to utilize end of period rate base to calculate cost of service, and requests a deferral of certain expenses incurred for outside of right-of-way vegetation programs. Retail Rates - Gas 2017 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2018 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2017. As-filed rates from the supplemental filing were implemented, subject to refund, with customers receiving a cost reduction of approximately $0.7 million effective with bills rendered on and after the first billing cycle of May 2018, as well as a $0.2 million reduction in the gas infrastructure rider effective with bills rendered on and after the first billing cycle of July 2018. In October 2019 the LPSC staff issued its report finding that Entergy Louisiana’s filing complied with the terms of the rate stabilization plan but recommending an additional refund of $0.7 million related to the Tax Act. In June 2020, the LPSC approved a joint report acknowledging Entergy Louisiana’s prior refunds and offsets for flood recovery costs, and required a further refund of $0.8 million, inclusive of carrying costs. 2018 Rate Stabilization Plan Filing As discussed in the Form 10-K, in January 2019 Entergy Louisiana filed with the LPSC its gas rate stabilization plan for the test year ended September 30, 2018. The filing of the evaluation report for the test year 2018 reflected an earned return on common equity of 2.69%. This earned return is below the earning sharing band of the gas rate stabilization plan and results in a rate increase of $2.8 million. Rates were implemented during the first billing cycle of May 2019, subject to refund and final LPSC review. In August 2020 the LPSC staff filed its report concurring with Entergy Louisiana’s calculation that the gas rate stabilization plan required a rate increase of $2.8 million. The LPSC accepted the staff’s report at its September 2020 meeting. COVID-19 Orders 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. While the suspension of late fees and disconnects for non-pay was only extended until the first billing cycle after July 16, 2020, Entergy Louisiana has not yet resumed disconnections and continues to defer the associated costs. 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, 2020, Entergy Louisiana recorded a regulatory asset of $27.4 million for costs associated with the COVID-19 pandemic. Filings with the MPSC (Entergy Mississippi) Formula Rate Plan Filings See the Form 10-K for revisions to Entergy Mississippi’s formula rate plan approved by the MPSC in December 2019. In January 2020 Entergy Mississippi began billing an interim capacity rate adjustment rider to recover the $59 million first-year annual revenue requirement associated with the non-fuel ownership costs of the Choctaw Generating Station. Also, effective with the April 2020 billing cycle, Entergy Mississippi implemented a rider to recover $22 million in vegetation management costs. Vegetation management costs were previously recovered through the formula rate plan. In March 2020, Entergy Mississippi submitted its formula rate plan 2020 test year filing and 2019 look-back filing showing Entergy Mississippi’s earned return for the historical 2019 calendar year to be below the formula rate plan bandwidth and projected earned return for the 2020 calendar year to be below the formula rate plan bandwidth. The 2020 test year filing shows a $24.6 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. The 2019 look-back filing compares actual 2019 results to the approved benchmark return on rate base and reflects the need for a $7.3 million interim increase in formula rate plan revenues. In accordance with the MPSC-approved revisions to the formula rate plan, Entergy Mississippi implemented a $24.3 million interim rate increase, reflecting a cap equal to 2% of 2019 retail revenues, effective with the April 2020 billing cycle, subject to refund. In June 2020, Entergy Mississippi and the Mississippi Public Utilities Staff entered into a joint stipulation that confirmed that the 2020 test year filing showed that a $23.8 million rate increase is necessary to reset Entergy Mississippi’s earned return on common equity to the specified point of adjustment of 6.51% return on rate base, within the formula rate plan bandwidth. Pursuant to the joint stipulation, Entergy Mississippi’s 2019 look-back filing reflected an earned return on rate base of 6.75% in calendar year 2019, which is within the look-back bandwidth. As a result, there is no change in formula rate plan revenues in the 2019 look-back filing. In June 2020 the MPSC approved the joint stipulation with rates effective for the first billing cycle of July 2020. COVID-19 Orders In March 2020 the MPSC issued an order suspending disconnections for a period of sixty days. The MPSC extended the order on disconnections through May 26, 2020. 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. While the MPSC order on suspension of disconnections has expired, Entergy Mississippi has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Mississippi recorded a regulatory asset of $10.4 million for costs associated with the COVID-19 pandemic. Filings with the City Council (Entergy New Orleans) Energy Efficiency As discussed in the Form 10-K, in December 2019, Entergy New Orleans filed an application with the City Council seeking approval of an implementation plan for the Energy Smart energy efficiency program from April 2020 through December 2022. Entergy New Orleans proposed to recover the costs of the program through mechanisms previously approved by the City Council or through the energy efficiency cost recovery rider, which was approved in the 2018 combined rate case resolution. In February 2020 the City Council approved Entergy New Orleans’s application. 2018 Base Rate Case Filing See the Form 10-K for discussion of the electric and gas base rate case filed in September 2018. In response to the City Council’s November 2019 resolution in the rate case, Entergy New Orleans made a compliance filing in December 2019 and also filed timely a petition for appeal and judicial review and for stay of or injunctive relief alleging that the resolution is unlawful in failing to produce just and reasonable rates. A hearing on the requested injunction was scheduled in Civil District Court for February 2020, but by joint motion of the City Council and Entergy New Orleans, the Civil District Court issued an order for a limited remand to the City Council to consider a potential agreement in principle/stipulation at its February 20, 2020 meeting. On February 17, 2020, Entergy New Orleans filed with the City Council an agreement in principle between Entergy New Orleans and the City Council’s advisors. On February 20, 2020, the City Council voted to approve the proposed agreement in principle and issued a resolution modifying the required treatment of certain accumulated deferred income taxes. As a result of the agreement in principle, the total annual revenue requirement reduction will be approximately $45 million ($42 million electric, including $29 million in rider reductions; and $3 million gas). Entergy New Orleans fully implemented the new rates in April 2020. In accordance with the provisions of the agreement in principle approved by the City Council related to the 2020 formula rate plan filing, Entergy New Orleans anticipates moving forward with dismissal of its judicial review petition in the Civil District Court. 2020 Formula Rate Plan Filing Entergy New Orleans’s first annual filing under the three-year formula rate plan approved by the City Council in November 2019 was originally due to be filed in April 2020. The authorized return on equity under the approved three-year formula rate plan is 9.35% for both electric and gas operations. The City Council approved several extensions of the deadline to allow additional time to assess the effects of the COVID-19 pandemic on the New Orleans community, Entergy New Orleans customers, and Entergy New Orleans itself. In October 2020 the City Council approved an agreement in principle filed by Entergy New Orleans that results in Entergy New Orleans foregoing its 2020 formula rate plan filing and shifting the three-year formula rate plan to filings in 2021, 2022, and 2023. Key provisions of the agreement in principle include: changing the lower of actual equity ratio or 50% equity ratio approved in the rate case to a hypothetical capital structure of 51% equity and 49% debt for the duration of the three-year formula rate plan; changing the 2% depreciation rate for the New Orleans Power Station approved in the rate case to 3%; retention of over-recovery of $2.2 million in rider revenues; recovery of $1.4 million of certain rate case expenses outside of the earnings band; recovery of the New Orleans Solar Station costs upon commercial operation; and Entergy New Orleans’s dismissal of its 2018 rate case appeal. COVID-19 Orders In March 2020, Entergy New Orleans voluntarily suspended customer disconnections for non-payment of utility bills through May 2020. Subsequently, the City Council ordered that the moratorium be extended to August 1, 2020. 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. While the City Council moratorium on customer disconnections has expired, Entergy New Orleans has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy New Orleans recorded a regulatory asset of $8.4 million for costs associated with the COVID-19 pandemic. In June 2020 the City Council established the City Council Cares Program and directed Entergy New Orleans to use the approximately $7 million refund received from the Entergy Arkansas opportunity sales FERC proceeding, currently being held in escrow, and approximately $15 million of non-securitized storm reserves to fund this program, which is intended to provide temporary bill relief to customers who become unemployed during the COVID-19 pandemic. The program became effective July 1, 2020, and offers qualifying residential customers bill credits of $100 per month for up to four months, for a maximum of $400 in residential customer bill credits. As of September 30, 2020, credits of $1.9 million have been applied to customer bills under the City Council Cares Program. Filings with the PUCT (Entergy Texas) Distribution Cost Recovery Factor (DCRF) Rider In March 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $23.6 million annually, or $20.4 million in incremental annual DCRF revenue beyond Entergy Texas’s currently effective DCRF rider, based on its capital invested in distribution between January 1, 2019 and December 31, 2019. In May and June 2020 intervenors filed testimony recommending reductions in Entergy Texas’s annual revenue requirement of approximately $0.3 million and $4.1 million. The parties briefed the contested issues in this matter and a proposal for decision was issued in September 2020 recommending a $4.1 million revenue reduction related to non-Advanced Metering System meters included in the DCRF calculation. The parties filed exceptions to the proposal for decision and replies to those exceptions in September 2020. In October 2020 the PUCT issued a final order approving a $16.3 million incremental annual DCRF revenue increase. In October 2020, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $26.3 million annually, or $6.8 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between January 1, 2020 and August 31, 2020. Transmission Cost Recovery Factor (TCRF) Rider As discussed in the Form 10-K, in August 2019, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The new TCRF rider is designed to collect approximately $19.4 million annually from Entergy Texas’s retail customers based on its capital invested in transmission between January 1, 2018 and June 30, 2019. In January 2020 the PUCT issued an order approving an unopposed settlement providing for recovery of the requested revenue requirement. Entergy Texas implemented the amended rider beginning with bills covering usage on and after January 23, 2020. In October 2020, Entergy Texas filed with the PUCT a request to amend its TCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $51 million annually, or $31.6 million in incremental annual revenues beyond Entergy Texas’s currently effective TCRF rider based on its capital invested in transmission between July 1, 2019 and August 31, 2020. COVID-19 Orders In March 2020 the PUCT authorized electric utilities to record as a regulatory asset expenses resulting from the effects of COVID-19. 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. In March 2020 the PUCT ordered a moratorium on disconnections for nonpayment for all customer classes, but, in April 2020, revised the disconnect moratorium to apply only to residential customers. The PUCT allowed the moratorium to expire on June 13, 2020, but on July 17, 2020, the PUCT re-established the disconnect moratorium for residential customers until August 31, 2020. While the PUCT moratorium on disconnections has expired, Entergy Texas has not yet resumed disconnections and continues to defer the associated costs. As of September 30, 2020, Entergy Texas recorded a regulatory asset of $8.7 million for costs associated with the COVID-19 pandemic. Generation Rider In October 2020, Entergy Texas filed an application to establish a generation cost recovery rider to begin recovering a return of and on its capital investment in the Montgomery County Power Station. In October 2020 the administrative law judge set a procedural schedule that will result in an administrative approval of Entergy Texas’s application in December 2020 if it is unopposed by parties to the proceeding. System Agreement Cost Equalization Proceedings Rough Production Cost Equalization Rates Consolidated 2011, 2012, 2013, and 2014 Rate Filing Proceedings As discussed in the Form 10-K, in April 2018 the LPSC requested rehe

Equity

Equity	9 Months Ended
	Sep. 30, 2020
Equity	EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended September 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $521.1 200.2 $2.60 $365.2 198.9 $1.84 Average dilutive effect of: Stock options 0.4 — 0.7 (0.01) Other equity plans 0.5 (0.01) 0.9 (0.01) Diluted earnings per share $521.1 201.1 $2.59 $365.2 200.5 $1.82 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the three months ended September 30, 2020. For the Nine Months Ended September 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $1,000.4 200.1 $5.00 $856.2 193.9 $4.42 Average dilutive effect of: Stock options 0.4 (0.01) 0.5 (0.01) Other equity plans 0.5 (0.01) 0.7 (0.02) Equity forwards — — 0.6 (0.01) Diluted earnings per share $1,000.4 201.0 $4.98 $856.2 195.7 $4.38 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the nine months ended September 30, 2020 and approximately 0.2 million for the nine months ended September 30, 2019. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.93 for the three months ended September 30, 2020 and $0.91 for the three months ended September 30, 2019. Dividends declared per common share were $2.79 for the nine months ended September 30, 2020 and $2.73 for the nine months ended September 30, 2019. Treasury Stock During the nine months ended September 30, 2020, Entergy Corporation issued 1,082,834 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, 2020. Retained Earnings On October 30, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.95 per share, payable on December 1, 2020, to holders of record as of November 12, 2020. 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, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2019 $51,736 ($508,876) $26,736 ($430,404) Other comprehensive income (loss) before reclassifications (5,190) — 8,350 3,160 Amounts reclassified from accumulated other comprehensive income (loss) (14,913) 25,464 (3,079) 7,472 Net other comprehensive income (loss) for the period (20,103) 25,464 5,271 10,632 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Ending balance, December 31, 2018 ($23,135) ($531,922) ($2,116) ($557,173) Implementation of accounting standards (7,685) — 879 (6,806) Beginning balance, January 1, 2019 ($30,820) ($531,922) ($1,237) ($563,979) Other comprehensive income (loss) before reclassifications 122,481 — 37,724 160,205 Amounts reclassified from accumulated other comprehensive income (loss) (60,028) 48,510 (4,480) (15,998) Net other comprehensive income (loss) for the period 62,453 48,510 33,244 144,207 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, July 1, $13,084 ($8,091) Amounts reclassified from accumulated other comprehensive income (loss) (800) (969) Net other comprehensive income (loss) for the period (800) (969) Ending balance, September 30, $12,284 ($9,060) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other comprehensive income (loss) (2,328) (2,907) Net other comprehensive income (loss) for the period 7,722 (2,907) Ending balance, September 30, $12,284 ($9,060) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $14,724 $18,925 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 14,676 18,877 Income taxes (3,082) (3,964) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $11,594 $14,913 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,620) (20,919) (a) Settlement loss (196) (16,630) (a) Total amortization (22,134) (32,224) Income taxes 4,697 6,760 Income taxes Total amortization (net of tax) ($17,437) ($25,464) Net unrealized investment gain (loss) Realized gain (loss) $4,550 $4,872 Interest and investment income Income taxes (1,674) (1,793) Income taxes Total realized investment gain (loss) (net of tax) $2,876 $3,079 Total reclassifications for the period (net of tax) ($2,967) ($7,472) (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $134,233 $76,129 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 134,088 75,984 Income taxes (28,158) (15,956) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $105,930 $60,028 Pension and other postretirement liabilities Amortization of prior-service credit $15,083 $15,977 (a) Amortization of loss (82,561) (58,888) (a) Settlement loss (196) (18,685) (a) Total amortization (67,674) (61,596) Income taxes 13,463 13,086 Income taxes Total amortization (net of tax) ($54,211) ($48,510) Net unrealized investment gain (loss) Realized gain (loss) $13,963 $7,088 Interest and investment income Income taxes (5,138) (2,608) Income taxes Total realized investment gain (loss) (net of tax) $8,825 $4,480 Total reclassifications for the period (net of tax) $60,544 $15,998 (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,695 $1,837 (a) Amortization of loss (417) (526) (a) Settlement loss (196) — (a) Total amortization 1,082 1,311 Income taxes (282) (342) Income taxes Total amortization (net of tax) 800 969 Total reclassifications for the period (net of tax) $800 $969 (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $4,479 $5,511 (a) Amortization of loss (1,137) (1,578) (a) Settlement loss (196) — (a) Total amortization 3,146 3,933 Income taxes (818) (1,026) Income taxes Total amortization (net of tax) 2,328 2,907 Total reclassifications for the period (net of tax) $2,328 $2,907 (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]
Equity	EQUITY (Entergy Corporation and Entergy Louisiana) Common Stock Earnings per Share The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated income statements: For the Three Months Ended September 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $521.1 200.2 $2.60 $365.2 198.9 $1.84 Average dilutive effect of: Stock options 0.4 — 0.7 (0.01) Other equity plans 0.5 (0.01) 0.9 (0.01) Diluted earnings per share $521.1 201.1 $2.59 $365.2 200.5 $1.82 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the three months ended September 30, 2020. For the Nine Months Ended September 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $1,000.4 200.1 $5.00 $856.2 193.9 $4.42 Average dilutive effect of: Stock options 0.4 (0.01) 0.5 (0.01) Other equity plans 0.5 (0.01) 0.7 (0.02) Equity forwards — — 0.6 (0.01) Diluted earnings per share $1,000.4 201.0 $4.98 $856.2 195.7 $4.38 The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.5 million for the nine months ended September 30, 2020 and approximately 0.2 million for the nine months ended September 30, 2019. Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K. Dividends declared per common share were $0.93 for the three months ended September 30, 2020 and $0.91 for the three months ended September 30, 2019. Dividends declared per common share were $2.79 for the nine months ended September 30, 2020 and $2.73 for the nine months ended September 30, 2019. Treasury Stock During the nine months ended September 30, 2020, Entergy Corporation issued 1,082,834 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, 2020. Retained Earnings On October 30, 2020, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.95 per share, payable on December 1, 2020, to holders of record as of November 12, 2020. 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, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2019 $51,736 ($508,876) $26,736 ($430,404) Other comprehensive income (loss) before reclassifications (5,190) — 8,350 3,160 Amounts reclassified from accumulated other comprehensive income (loss) (14,913) 25,464 (3,079) 7,472 Net other comprehensive income (loss) for the period (20,103) 25,464 5,271 10,632 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Ending balance, December 31, 2018 ($23,135) ($531,922) ($2,116) ($557,173) Implementation of accounting standards (7,685) — 879 (6,806) Beginning balance, January 1, 2019 ($30,820) ($531,922) ($1,237) ($563,979) Other comprehensive income (loss) before reclassifications 122,481 — 37,724 160,205 Amounts reclassified from accumulated other comprehensive income (loss) (60,028) 48,510 (4,480) (15,998) Net other comprehensive income (loss) for the period 62,453 48,510 33,244 144,207 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended September 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, July 1, $13,084 ($8,091) Amounts reclassified from accumulated other comprehensive income (loss) (800) (969) Net other comprehensive income (loss) for the period (800) (969) Ending balance, September 30, $12,284 ($9,060) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other comprehensive income (loss) (2,328) (2,907) Net other comprehensive income (loss) for the period 7,722 (2,907) Ending balance, September 30, $12,284 ($9,060) Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended September 30, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $14,724 $18,925 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 14,676 18,877 Income taxes (3,082) (3,964) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $11,594 $14,913 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,620) (20,919) (a) Settlement loss (196) (16,630) (a) Total amortization (22,134) (32,224) Income taxes 4,697 6,760 Income taxes Total amortization (net of tax) ($17,437) ($25,464) Net unrealized investment gain (loss) Realized gain (loss) $4,550 $4,872 Interest and investment income Income taxes (1,674) (1,793) Income taxes Total realized investment gain (loss) (net of tax) $2,876 $3,079 Total reclassifications for the period (net of tax) ($2,967) ($7,472) (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $134,233 $76,129 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 134,088 75,984 Income taxes (28,158) (15,956) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $105,930 $60,028 Pension and other postretirement liabilities Amortization of prior-service credit $15,083 $15,977 (a) Amortization of loss (82,561) (58,888) (a) Settlement loss (196) (18,685) (a) Total amortization (67,674) (61,596) Income taxes 13,463 13,086 Income taxes Total amortization (net of tax) ($54,211) ($48,510) Net unrealized investment gain (loss) Realized gain (loss) $13,963 $7,088 Interest and investment income Income taxes (5,138) (2,608) Income taxes Total realized investment gain (loss) (net of tax) $8,825 $4,480 Total reclassifications for the period (net of tax) $60,544 $15,998 (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,695 $1,837 (a) Amortization of loss (417) (526) (a) Settlement loss (196) — (a) Total amortization 1,082 1,311 Income taxes (282) (342) Income taxes Total amortization (net of tax) 800 969 Total reclassifications for the period (net of tax) $800 $969 (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $4,479 $5,511 (a) Amortization of loss (1,137) (1,578) (a) Settlement loss (196) — (a) Total amortization 3,146 3,933 Income taxes (818) (1,026) Income taxes Total amortization (net of tax) 2,328 2,907 Total reclassifications for the period (net of tax) $2,328 $2,907 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

Revolving Credit Facilities, Li

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	9 Months Ended
	Sep. 30, 2020
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (a) Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt	NOTE 4. REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation has in place a credit facility that has a borrowing capacity of $3.5 billion and expires in September 2024. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation. The weighted average interest rate for the nine months ended September 30, 2020 was 2.50% on the drawn portion of the facility. Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344 Entergy Corporation’s credit facility requires Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the facility maturity date may occur. Entergy Corporation has a commercial paper program with a Board-approved program limit of up to $2 billion. As of September 30, 2020, Entergy Corporation had approximately $1,398 million of commercial paper outstanding. The weighted-average interest rate for the nine months ended September 30, 2020 was 1.66%. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of September 30, 2020 as follows: Company Expiration Amount of Interest Rate (a) Amount Drawn Letters of Credit Entergy Arkansas April 2021 $25 million (b) 1.27% $— $— Entergy Arkansas September 2024 $150 million (c) 1.27% $— $— Entergy Louisiana September 2024 $350 million (c) 1.27% $— $— Entergy Mississippi April 2021 $37.5 million (d) 1.65% $— $— Entergy Mississippi April 2021 $35 million (d) 1.65% $— $— Entergy Mississippi April 2021 $10 million (d) 1.65% $— $— Entergy New Orleans November 2021 $25 million (c) 1.42% $— $0.8 million Entergy Texas September 2024 $150 million (c) 1.65% $— $1.3 million (a) The interest rate is the estimated interest rate as of September 30, 2020 that would have been applied to outstanding borrowings under the facility. (b) Borrowings under the Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option. (c) The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $10 million for Entergy New Orleans; and $30 million for Entergy Texas. (d) Borrowings under the Entergy Mississippi credit facilities may be secured by a security interest in its accounts receivable at Entergy Mississippi’s option. The commitment fees on the credit facilities range from 0.075% to 0.225% of the undrawn commitment amount. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization. Each Registrant Subsidiary is in compliance with this covenant. In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each entered into one or more uncommitted standby letter of credit facilities primarily as a means to post collateral to support its obligations to MISO. Following is a summary of the uncommitted standby letter of credit facilities as of September 30, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility. The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. The current FERC-authorized limits for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy are effective through July 14, 2022. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy System money pool and from other internal short-term borrowing arrangements. The money pool and the other internal borrowing arrangements are inter-company borrowing arrangements designed to reduce the Utility subsidiaries’ dependence on external short-term borrowings. Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $— Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs). To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility. The commitment fees on the credit facilities are 0.125% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs. Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 million In October 2020, System Energy VIE issued $90 million of 2.05% Series K secured notes due September 2027. System Energy VIE expects to use the proceeds to redeem $100 million of 3.42% Series J secured notes due April 2021. 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. Debt Issuances and Retirements (Entergy Corporation) In May 2020, Entergy Corporation issued $600 million of 2.80% Series senior notes due June 2030 and $600 million of 3.75% Series senior notes due June 2050. Entergy Corporation used the proceeds, together with other funds, to repay, prior to maturity, its $450 million of 5.125% Series senior notes due September 2020, a portion of its outstanding commercial paper, a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. In August 2020, Entergy Corporation issued $800 million of 0.90% Series senior notes due September 2025. Entergy Corporation used the proceeds, together with other funds, to repay a portion of its outstanding commercial paper, to repay a portion of outstanding borrowings on its $3.5 billion credit facility, and for general corporate purposes. (Entergy Arkansas) In March 2020, Entergy Arkansas issued $100 million of 4.00% Series mortgage bonds due June 2028. Entergy Arkansas used the proceeds for general corporate purposes. In September 2020, Entergy Arkansas issued $675 million of 2.65% Series mortgage bonds due June 2051. Entergy Arkansas used a portion of the proceeds to repay, prior to maturity, $200 million of 4.90% Series mortgage bonds due December 2052 and $125 million of 4.75% Series mortgage bonds due June 2063, and expects to use a portion of the remaining proceeds to repay, at maturity, some or all of its $350 million of 3.75% Series mortgage bonds due February 2021 and for general corporate purposes. (Entergy Louisiana) In March 2020, Entergy Louisiana issued $350 million of 2.90% Series mortgage bonds due March 2051. Entergy Louisiana used the proceeds, together with other funds, to repay borrowings of $100 million on its $350 million credit facility and for general corporate purposes. In March 2020, Entergy Louisiana issued $300 million of 4.20% Series mortgage bonds due September 2048. Entergy Louisiana used the proceeds, together with other funds, to repay, prior to maturity, its $250 million of 3.95% Series mortgage bonds due October 2020 and for general corporate purposes. (Entergy Mississippi) In May 2020, Entergy Mississippi issued $170 million of 3.50% Series mortgage bonds due June 2051. Entergy Mississippi used the proceeds for general corporate purposes. (Entergy New Orleans) In March 2020, Entergy New Orleans issued $62 million of 3.75% Series mortgage bonds due March 2040 and $78 million of 3.00% Series mortgage bonds due March 2025. Entergy New Orleans used the proceeds to repay short-term debt, to finance a portion of the construction of the New Orleans Power Station, and for general corporate purposes. (Entergy Texas) In March 2020, Entergy Texas issued $175 million of 3.55% Series mortgage bonds due September 2049. Entergy Texas used the proceeds, together with other funds, to finance a portion of the construction of the Montgomery County Power Station, to repay borrowings of $100 million on its $150 million credit facility, and for general corporate purposes. In October 2020, Entergy Texas issued $600 million of 1.75% Series mortgage bonds due March 2031. Entergy Texas used a portion of the proceeds to repay, prior to maturity, its $135 million of 5.625% Series mortgage bonds due June 2064, and expects to use a portion of the remaining proceeds to repay, at or prior to maturity, some or all of its $125 million of 2.55% Series mortgage bonds due June 2021, and for general corporate purposes. Fair Value The book value and the fair value of long-term debt for Entergy Corporation and the Registrant Subsidiaries as of September 30, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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, 2020
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 530,716 shares of its common stock under the 2019 Omnibus Incentive Plan during the first quarter 2020 with a fair value of $11.45 per option. As of September 30, 2020, there were options on 2,424,013 shares of common stock outstanding with a weighted-average exercise price of $89.66. 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, 2020. The aggregate intrinsic value of the stock options outstanding as of September 30, 2020 was $38.7 million. The following table includes financial information for outstanding stock options for the three months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $1.0 $0.9 Tax benefit recognized in Entergy’s net income $0.3 $0.2 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $3.0 $2.9 Tax benefit recognized in Entergy’s net income $0.8 $0.7 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.0 Other Equity Awards In January 2020 the Board approved and Entergy granted 313,805 restricted stock awards and 134,853 long-term incentive awards under the 2019 Omnibus Incentive Plan. The restricted stock awards were made effective as of January 30, 2020 and were valued at $131.72 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. For the 2020-2022 performance period, performance will be measured based eighty percent on relative total shareholder return and twenty percent on a cumulative adjusted earnings per share metric. The performance units were granted as of January 30, 2020 and eighty percent were valued at $169.74 per share based on various factors, primarily market conditions; and twenty percent were valued at $131.72 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, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $8.9 $8.4 Tax benefit recognized in Entergy’s net income $2.2 $2.1 Compensation cost capitalized as part of fixed assets and materials and supplies $3.6 $3.0 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $27.9 $25.6 Tax benefit recognized in Entergy’s net income $7.1 $6.5 Compensation cost capitalized as part of fixed assets and materials and supplies $10.8 $8.8

Retirement And Other Postretire

Retirement And Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2020
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
Entergy Arkansas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
Entergy Louisiana [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
Entergy Mississippi [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
Entergy New Orleans [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
Entergy Texas [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
System Energy [Member]
Retirement And Other Postretirement Benefits	RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Components of Qualified Net Pension Cost Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258 Non-Qualified Net Pension Cost Entergy recognized $4.5 million and $4.6 million in pension cost for its non-qualified pension plans in the third quarters of 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans in the third quarter of 2019 were settlement charges of $955 thousand related to the payment of lump sum benefits out of the plan. Entergy recognized $13.6 million and $16.3 million in pension cost for its non-qualified pension plans for the nine months ended September 30, 2020 and 2019, respectively. Reflected in the pension cost for non-qualified pension plans for the nine months ended September 30, 2019 were settlement charges of $4.6 million related to the payment of lump sum benefits out of the plan. The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the third quarters of 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 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 cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756) 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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933 Accounting for Pension and Other Postretirement Benefits In accordance with ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income. Other Postretirement Benefits In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies’ Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change have been reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law. Qualified Pension Settlement Cost In the third quarter of 2020, year-to-date lump sum benefit payments from the Entergy Corporation Retirement Plan for Bargaining Employees exceeded the sum of the Plan’s 2020 service and interest cost, resulting in a settlement cost of $32.4 million. 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, and Entergy Texas participate in the Entergy Corporation Retirement Plan for Bargaining Employees and incurred settlement costs of $19.7 million, $6.5 million, $2.3 million, and $3.9 million, respectively. The settlement costs were included with employee labor costs and charged to expense and capital in the same manner that labor costs were charged. Entergy Arkansas, Entergy Louisiana, and Entergy Mississippi received regulatory approval to defer the expense portion of the settlement costs, with future amortization of the deferred settlement expense over the period in which the expense otherwise would be recorded had the immediate recognition not occurred. Entergy Texas Reserve In September 2020, Entergy Texas elected to establish a reserve, in accordance with PUCT regulations, for the difference between the amount recorded for pension and other postretirement benefits expense under generally accepted accounting principles during 2019, the first year that rates from Entergy Texas’s last general rate proceeding were in effect, and the annual amount of actuarially determined pension and other postretirement benefits chargeable to Entergy Texas’s expense. The reserve amount will be evaluated in the next scheduled PUCT rate case and a reasonable amortization period will be determined by the PUCT at that time. Employer Contributions Based on current assumptions, Entergy expects to contribute $416.3 million to its qualified pension plans in 2020. As of September 30, 2020, Entergy had contributed $189.5 million to its pension plans. Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771

Business Segment Information

Business Segment Information	9 Months Ended
	Sep. 30, 2020
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Arkansas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Louisiana [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Mississippi [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy New Orleans [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
Entergy Texas [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.
System Energy [Member]
Business Segment Information	BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Entergy Corporation Entergy’s reportable segments as of September 30, 2020 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. “All Other” includes the parent company, Entergy Corporation, and other business activity. Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment. As discussed in Note 13 to the financial statements in the Form 10-K, Entergy management has undertaken a strategy to manage and reduce the risk of the Entergy Wholesale Commodities business, which includes taking actions to shut down and sell all of the remaining plants in the merchant nuclear fleet. These decisions and transactions resulted in asset impairments; employee retention and severance expenses and other benefits-related costs; and contracted economic development contributions. Total restructuring charges for the third quarters of 2020 and 2019 were comprised of the following: 2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $16 million in the nine months ended September 30, 2020 and $98 million in the nine months ended September 30, 2019 of impairment and other related charges associated with these strategic decisions and transactions. Going forward, Entergy Wholesale Commodities expects to incur employee retention and severance expenses associated with management’s strategy to exit the merchant power business of approximately $70 million in 2020, of which $57 million has been incurred as of September 30, 2020, and a total of approximately $55 million from 2021 through 2022. Registrant Subsidiaries Each of the Registrant Subsidiaries has one reportable segment, which is an integrated utility business, except for System Energy, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations is managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results.

Risk Management And Fair Values

Risk Management And Fair Values	9 Months Ended
	Sep. 30, 2020
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
Entergy Arkansas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
Entergy Louisiana [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
Entergy Mississippi [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
Entergy New Orleans [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
Entergy Texas [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre
System Energy [Member]
Risk Management And Fair Values	RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Market Risk In the normal course of business, Entergy is exposed to a number of market risks. Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument. All financial and commodity-related instruments, including derivatives, are subject to market risk including commodity price risk, equity price, and interest rate risk. Entergy uses derivatives primarily to mitigate commodity price risk, particularly power price and fuel price risk. The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation. To the extent approved by their retail regulators, the Utility operating companies use derivative instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs that are recovered from customers. As a wholesale generator, Entergy Wholesale Commodities’ core business is selling energy, measured in MWh, to its customers. Entergy Wholesale Commodities enters into forward contracts with its customers and also sells energy and capacity in the day ahead or spot markets. In addition to its forward physical power and gas contracts, Entergy Wholesale Commodities may also use a combination of financial contracts, including swaps, collars, and options, to mitigate commodity price risk. When the market price falls, the combination of instruments is expected to settle in gains that offset lower revenue from generation, which results in a more predictable cash flow. Entergy’s exposure to market risk is determined by a number of factors, including the size, term, composition, and diversification of positions held, as well as market volatility and liquidity. For instruments such as options, the time period during which the option may be exercised and the relationship between the current market price of the underlying instrument and the option’s contractual strike or exercise price also affects the level of market risk. A significant factor influencing the overall level of market risk to which Entergy is exposed is its use of hedging techniques to mitigate such risk. Hedging instruments and volumes are chosen based on ability to mitigate risk associated with future energy and capacity prices; however, other considerations are factored into hedge product and volume decisions including corporate liquidity, corporate credit ratings, counterparty credit risk, hedging costs, firm settlement risk, and product availability in the marketplace. Entergy manages market risk by actively monitoring compliance with stated risk management policies as well as monitoring the effectiveness of its hedging policies and strategies. Entergy’s risk management policies limit the amount of total net exposure and rolling net exposure during the stated periods. These policies, including related risk limits, are regularly assessed to ensure their appropriateness given Entergy’s objectives. Derivatives Some derivative instruments are classified as cash flow hedges due to their financial settlement provisions while others are classified as normal purchase/normal sale transactions due to their physical settlement provisions. Normal purchase/normal sale risk management tools include power purchase and sales agreements, fuel purchase agreements, capacity contracts, and tolling agreements. Financially-settled cash flow hedges can include natural gas and electricity swaps and options and interest rate swaps. Entergy may enter into financially-settled swap and option contracts to manage market risk that may or may not be designated as hedging instruments. Entergy enters 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 settle against day-ahead power pool prices are used to manage price exposure for Entergy Wholesale Commodities generation. The maximum length of time over which Entergy Wholesale Commodities is currently hedging the variability in future cash flows with derivatives for forecasted power transactions at September 30, 2020 is approximately 6 months. Planned generation currently under contract from Entergy Wholesale Commodities nuclear power plants is 97% for the remainder of 2020, of which approximately 62% is sold under financial derivatives and the remainder under normal purchase/normal sale contracts. Total planned generation for the remainder of 2020 is 3.5 TWh. Entergy may use standardized master netting agreements to help mitigate the credit risk of derivative instruments. These master agreements facilitate the netting of cash flows associated with a single counterparty and may include collateral requirements. Cash, letters of credit, and parental/affiliate guarantees may be obtained as security from counterparties in order to mitigate credit risk. The collateral agreements require a counterparty to post cash or letters of credit in the event an exposure exceeds an established threshold. The threshold represents an unsecured credit limit, which may be supported by a parental/affiliate guarantee, as determined in accordance with Entergy’s credit policy. In addition, collateral agreements allow for termination and liquidation of all positions in the event of a failure or inability to post collateral. Certain of the agreements to sell the power produced by Entergy Wholesale Commodities power plants contain provisions that require an Entergy subsidiary to provide credit support to secure its obligations depending on the mark-to-market values of the contracts. The primary form of credit support to satisfy these requirements is an Entergy Corporation guarantee. As of September 30, 2020, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $1 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $22 million in letters of credit were required to be posted by its counterparties to the Entergy subsidiary. As of December 31, 2019, there were no derivative contracts with counterparties in a liability position. In addition to the corporate guarantee, $11 million in cash collateral was required to be posted by the Entergy subsidiary to its counterparties and $1 million in cash collateral and $98 million in letters of credit were required to be posted by it counterparties to the Entergy subsidiary. If the Entergy Corporation credit rating falls below investment grade, Entergy would have to post collateral equal to the estimated outstanding liability under the contract at the applicable date. Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps and options that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps and options are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy had executed natural gas swaps and options as of September 30, 2020 was 3.5 years for Entergy Louisiana and the maximum length of time over which Entergy had executed natural gas swaps as of September 30, 2020 was 6 months for Entergy Mississippi and 6 months for Entergy New Orleans. The total volume of natural gas swaps and options outstanding as of September 30, 2020 was 38,070,000 MMBtu for Entergy, including 25,560,000 MMBtu for Entergy Louisiana, 11,506,000 MMBtu for Entergy Mississippi, and 1,004,000 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 2020, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2020 through May 31, 2021. 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, 2020 was 92,491 GWh for Entergy, including 22,239 GWh for Entergy Arkansas, 43,454 GWh for Entergy Louisiana, 10,353 GWh for Entergy Mississippi, 4,243 GWh for Entergy New Orleans, and 11,889 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, 2020 and December 31, 2019. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans as of September 30, 2020 and for Entergy Mississippi as of December 31, 2019. The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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 $1 million posted as of September 30, 2020 and $11 million posted and $1 million held as of December 31, 2019. Also excludes letters of credit in the amount of $5 million posted and $22 million held as of September 30, 2020 and $98 million held as of December 31, 2019. The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively Based on market prices as of September 30, 2020, unrealized gains (losses) recorded in accumulated other comprehensive income on cash flow hedges relating to power sales totaled $27 million of net unrealized gains. Approximately $27 million is expected to be reclassified from accumulated other comprehensive income to operating revenues in the next twelve months. The actual amount reclassified from accumulated other comprehensive income, however, could vary due to future changes in market prices. Entergy may effectively liquidate a cash flow hedge instrument by entering into a contract offsetting the original hedge, and then de-designating the original hedge in this situation. Gains or losses accumulated in other comprehensive income prior to de-designation continue to be deferred in other comprehensive income until they are included in income as the original hedged transaction occurs. From the point of de-designation, the gains or losses on the original hedge and the offsetting contract are recorded as assets or liabilities on the balance sheet and offset as they flow through to earnings. The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options. The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. As of December 31, 2019, letters of credit posted with MISO covered financial transmission rights exposure of $0.2 million for Entergy Mississippi. The effects of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (b) Entergy Texas (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. Fair Values The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling. Considerable judgment is required in developing the estimates of fair value. Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange. Gains or losses realized on financial instruments other than those instruments held by the Entergy Wholesale Commodities business are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments. Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market participants at the date of measurement. Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value. The inputs can be readily observable, corroborated by market data, or generally unobservable. Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value. Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs. The three levels of the fair value hierarchy are: • Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets. Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase. • Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value. Level 2 inputs include the following: – quoted prices for similar assets or liabilities in active markets; – quoted prices for identical assets or liabilities in inactive markets; – inputs other than quoted prices that are observable for the asset or liability; or – inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 2 consists primarily of individually-owned debt instruments and gas swaps and options valued using observable inputs. • Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources. These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability. Level 3 consists primarily of financial transmission rights and derivative power contracts used as cash flow hedges of power sales at merchant power plants. The values for power contract assets or liabilities are based on both observable inputs including public market prices and interest rates, and unobservable inputs such as implied volatilities, unit contingent discounts, expected basis differences, and credit adjusted counterparty interest rates. They are classified as Level 3 assets and liabilities. The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight and the Entergy Wholesale Commodities Accounting group. The primary related functions of the Office of Corporate Risk Oversight include: gathering, validating and reporting market data, providing market risk analyses and valuations in support of Entergy Wholesale Commodities’ commercial transactions, developing and administering protocols for the management of market risks, and implementing and maintaining controls around changes to market data in the energy trading and risk management system. The Office of Corporate Risk Oversight is also responsible for managing the energy trading and risk management system, forecasting revenues, forward positions and analysis. The Entergy Wholesale Commodities Accounting group performs functions related to market and counterparty settlements, revenue reporting and analysis, and financial accounting. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer while the Entergy Wholesale Commodities Accounting group reports to the Chief Accounting Officer. The amounts reflected as the fair value of electricity swaps are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable to or payable by Entergy if the contracts were settled at that date. These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from the Entergy Wholesale Commodities business. The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from quoted forward power market prices. The differences between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties’ credit adjusted risk fre

Decommissioning Trust Funds

Decommissioning Trust Funds	9 Months Ended
	Sep. 30, 2020
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized 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, 2020 on equity securities still held as of September 30, 2020 were $250 million and $142 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,581 $201 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $546 million and $507 million of debt securities held in the wholly-owned registered investment company as of September 30, 2020 and December 31, 2019, respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $31 million as of September 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of September 30, 2020 and $2,366 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.09%, an average duration of approximately 7.13 years, and an average maturity of approximately 10.41 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $206 $2 $404 $5 More than 12 months 2 — 38 1 Total $208 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $24 $128 1 year - 5 years 718 807 5 years - 10 years 761 666 10 years - 15 years 347 125 15 years - 20 years 135 126 20 years+ 596 604 Total $2,581 $2,456 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $156 million and $407 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $9 million and $11 million, respectively, and gross losses of $0.2 million and $0.4 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $832 million and $1,133 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $38 million and $20 million, respectively, and gross losses of $4 million and $3 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of September 30, 2020 were $588 million for Indian Point 1, $742 million for Indian Point 2, $986 million for Indian Point 3, and $538 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $433.2 $29.5 $0.2 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $403.8 million as of September 30, 2020 and $405.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.60%, an average duration of approximately 6.91 years, and an average maturity of approximately 8.21 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $57.2 million and $27 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $26.8 $0.2 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $26.8 $0.2 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $13.6 $44.1 1 year - 5 years 102.0 109.1 5 years - 10 years 177.5 156.0 10 years - 15 years 75.8 31.3 15 years - 20 years 26.7 23.8 20 years+ 37.6 48.5 Total $433.2 $412.8 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $14.6 million and $45.5 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.7 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2020, gross losses of $3.6 thousand were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2019, there were no gross losses. During the nine months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $80.9 million and $78.7 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $7.5 million and $2.1 million, respectively, and gross losses of $0.2 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $626.4 $50.5 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $576.5 million as of September 30, 2020 and $573 million as of December 31, 2019. As of September 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.73%, an average duration of approximately 7.30 years, and an average maturity of approximately 12.97 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $80.2 million and $40.2 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $43.7 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $44.5 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $7.7 $40.7 1 year - 5 years 122.9 142.0 5 years - 10 years 147.8 132.4 10 years - 15 years 95.1 39.8 15 years - 20 years 61.8 49.2 20 years+ 191.1 197.4 Total $626.4 $601.5 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $30.6 million and $59.7 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.4 million and $2.5 million, respectively, and gross losses of $1.3 thousand and $29 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $132.1 million and $155.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $6.3 million and $4.2 million, respectively, and gross losses of $0.7 million and $0.2 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $420.8 $31.6 $0.4 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $389.7 million as of September 30, 2020 and $371.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.93%, an average duration of approximately 7.50 years, and an average maturity of approximately 11.20 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $54.4 million and $25.7 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $28.7 $0.4 $56.9 $0.3 More than 12 months — — 0.3 — Total $28.7 $0.4 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.6) $8.5 1 year - 5 years 163.1 154.6 5 years - 10 years 107.0 92.3 10 years - 15 years 27.5 13.4 15 years - 20 years 4.9 14.4 20 years+ 119.9 103.0 Total $420.8 $386.2 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $24.1 million and $108.6 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.6 million and $1.7 million, respectively, and gross losses of $9.9 thousand 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $189.7 million and $238.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $8.6 million and $3.6 million, respectively, and gross losses of $0.4 million and $0.6 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, 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, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.6 million. Entergy did not record any impairments of available-for-sale debt securities for the three and nine months ended September 30, 2020. Other-than-temporary impairments and unrealized gains and losses
Entergy Arkansas [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized 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, 2020 on equity securities still held as of September 30, 2020 were $250 million and $142 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,581 $201 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $546 million and $507 million of debt securities held in the wholly-owned registered investment company as of September 30, 2020 and December 31, 2019, respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $31 million as of September 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of September 30, 2020 and $2,366 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.09%, an average duration of approximately 7.13 years, and an average maturity of approximately 10.41 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $206 $2 $404 $5 More than 12 months 2 — 38 1 Total $208 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $24 $128 1 year - 5 years 718 807 5 years - 10 years 761 666 10 years - 15 years 347 125 15 years - 20 years 135 126 20 years+ 596 604 Total $2,581 $2,456 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $156 million and $407 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $9 million and $11 million, respectively, and gross losses of $0.2 million and $0.4 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $832 million and $1,133 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $38 million and $20 million, respectively, and gross losses of $4 million and $3 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of September 30, 2020 were $588 million for Indian Point 1, $742 million for Indian Point 2, $986 million for Indian Point 3, and $538 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $433.2 $29.5 $0.2 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $403.8 million as of September 30, 2020 and $405.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.60%, an average duration of approximately 6.91 years, and an average maturity of approximately 8.21 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $57.2 million and $27 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $26.8 $0.2 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $26.8 $0.2 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $13.6 $44.1 1 year - 5 years 102.0 109.1 5 years - 10 years 177.5 156.0 10 years - 15 years 75.8 31.3 15 years - 20 years 26.7 23.8 20 years+ 37.6 48.5 Total $433.2 $412.8 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $14.6 million and $45.5 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.7 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2020, gross losses of $3.6 thousand were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2019, there were no gross losses. During the nine months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $80.9 million and $78.7 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $7.5 million and $2.1 million, respectively, and gross losses of $0.2 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $626.4 $50.5 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $576.5 million as of September 30, 2020 and $573 million as of December 31, 2019. As of September 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.73%, an average duration of approximately 7.30 years, and an average maturity of approximately 12.97 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $80.2 million and $40.2 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $43.7 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $44.5 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $7.7 $40.7 1 year - 5 years 122.9 142.0 5 years - 10 years 147.8 132.4 10 years - 15 years 95.1 39.8 15 years - 20 years 61.8 49.2 20 years+ 191.1 197.4 Total $626.4 $601.5 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $30.6 million and $59.7 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.4 million and $2.5 million, respectively, and gross losses of $1.3 thousand and $29 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $132.1 million and $155.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $6.3 million and $4.2 million, respectively, and gross losses of $0.7 million and $0.2 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $420.8 $31.6 $0.4 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $389.7 million as of September 30, 2020 and $371.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.93%, an average duration of approximately 7.50 years, and an average maturity of approximately 11.20 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $54.4 million and $25.7 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $28.7 $0.4 $56.9 $0.3 More than 12 months — — 0.3 — Total $28.7 $0.4 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.6) $8.5 1 year - 5 years 163.1 154.6 5 years - 10 years 107.0 92.3 10 years - 15 years 27.5 13.4 15 years - 20 years 4.9 14.4 20 years+ 119.9 103.0 Total $420.8 $386.2 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $24.1 million and $108.6 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.6 million and $1.7 million, respectively, and gross losses of $9.9 thousand 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $189.7 million and $238.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $8.6 million and $3.6 million, respectively, and gross losses of $0.4 million and $0.6 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, 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, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.6 million. Entergy did not record any impairments of available-for-sale debt securities for the three and nine months ended September 30, 2020. Other-than-temporary impairments and unrealized gains and losses
Entergy Louisiana [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized 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, 2020 on equity securities still held as of September 30, 2020 were $250 million and $142 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,581 $201 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $546 million and $507 million of debt securities held in the wholly-owned registered investment company as of September 30, 2020 and December 31, 2019, respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $31 million as of September 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of September 30, 2020 and $2,366 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.09%, an average duration of approximately 7.13 years, and an average maturity of approximately 10.41 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $206 $2 $404 $5 More than 12 months 2 — 38 1 Total $208 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $24 $128 1 year - 5 years 718 807 5 years - 10 years 761 666 10 years - 15 years 347 125 15 years - 20 years 135 126 20 years+ 596 604 Total $2,581 $2,456 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $156 million and $407 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $9 million and $11 million, respectively, and gross losses of $0.2 million and $0.4 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $832 million and $1,133 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $38 million and $20 million, respectively, and gross losses of $4 million and $3 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of September 30, 2020 were $588 million for Indian Point 1, $742 million for Indian Point 2, $986 million for Indian Point 3, and $538 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $433.2 $29.5 $0.2 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $403.8 million as of September 30, 2020 and $405.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.60%, an average duration of approximately 6.91 years, and an average maturity of approximately 8.21 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $57.2 million and $27 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $26.8 $0.2 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $26.8 $0.2 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $13.6 $44.1 1 year - 5 years 102.0 109.1 5 years - 10 years 177.5 156.0 10 years - 15 years 75.8 31.3 15 years - 20 years 26.7 23.8 20 years+ 37.6 48.5 Total $433.2 $412.8 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $14.6 million and $45.5 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.7 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2020, gross losses of $3.6 thousand were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2019, there were no gross losses. During the nine months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $80.9 million and $78.7 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $7.5 million and $2.1 million, respectively, and gross losses of $0.2 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $626.4 $50.5 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $576.5 million as of September 30, 2020 and $573 million as of December 31, 2019. As of September 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.73%, an average duration of approximately 7.30 years, and an average maturity of approximately 12.97 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $80.2 million and $40.2 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $43.7 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $44.5 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $7.7 $40.7 1 year - 5 years 122.9 142.0 5 years - 10 years 147.8 132.4 10 years - 15 years 95.1 39.8 15 years - 20 years 61.8 49.2 20 years+ 191.1 197.4 Total $626.4 $601.5 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $30.6 million and $59.7 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.4 million and $2.5 million, respectively, and gross losses of $1.3 thousand and $29 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $132.1 million and $155.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $6.3 million and $4.2 million, respectively, and gross losses of $0.7 million and $0.2 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $420.8 $31.6 $0.4 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $389.7 million as of September 30, 2020 and $371.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.93%, an average duration of approximately 7.50 years, and an average maturity of approximately 11.20 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $54.4 million and $25.7 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $28.7 $0.4 $56.9 $0.3 More than 12 months — — 0.3 — Total $28.7 $0.4 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.6) $8.5 1 year - 5 years 163.1 154.6 5 years - 10 years 107.0 92.3 10 years - 15 years 27.5 13.4 15 years - 20 years 4.9 14.4 20 years+ 119.9 103.0 Total $420.8 $386.2 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $24.1 million and $108.6 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.6 million and $1.7 million, respectively, and gross losses of $9.9 thousand 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $189.7 million and $238.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $8.6 million and $3.6 million, respectively, and gross losses of $0.4 million and $0.6 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, 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, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.6 million. Entergy did not record any impairments of available-for-sale debt securities for the three and nine months ended September 30, 2020. Other-than-temporary impairments and unrealized gains and losses
System Energy [Member]
Decommissioning Trust Funds	DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)The NRC requires Entergy subsidiaries to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1, ANO 2, River Bend, Waterford 3, Grand Gulf, Indian Point 1, Indian Point 2, Indian Point 3, and Palisades. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents. Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, the Registrant Subsidiaries have recorded an offsetting amount of unrealized gains/(losses) on investment securities in other regulatory liabilities/assets. For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other deferred credits for the unrealized trust earnings not currently expected to be needed to decommission the plant. Decommissioning trust funds for the Entergy Wholesale Commodities nuclear plants do not meet the criteria for regulatory accounting treatment. Accordingly, unrealized gains/(losses) recorded on the equity securities in the trust funds are recognized in earnings. Unrealized gains recorded on the available-for-sale debt securities in the trust funds are recognized in the accumulated other comprehensive income component of shareholders’ equity. Unrealized losses (where cost exceeds fair market value) on the available-for-sale debt securities in the trust funds are also recorded in the accumulated other comprehensive income component of shareholders’ equity unless the unrealized loss is other than temporary and therefore recorded in earnings. A portion of Entergy’s decommissioning trust funds are held in a wholly-owned registered investment company, and unrealized gains and losses on both the equity and debt securities held in the registered investment company are recognized 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, 2020 on equity securities still held as of September 30, 2020 were $250 million and $142 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,581 $201 $2 2019 Debt Securities (a) $2,456 $96 $6 (a) Debt securities presented herein do not include the $546 million and $507 million of debt securities held in the wholly-owned registered investment company as of September 30, 2020 and December 31, 2019, respectively, which are not accounted for as available-for-sale. The unrealized gains/(losses) above are reported before deferred taxes of $31 million as of September 30, 2020 and $13 million as of December 31, 2019 for debt securities. The amortized cost of available-for-sale debt securities was $2,382 million as of September 30, 2020 and $2,366 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 3.09%, an average duration of approximately 7.13 years, and an average maturity of approximately 10.41 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $206 $2 $404 $5 More than 12 months 2 — 38 1 Total $208 $2 $442 $6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $24 $128 1 year - 5 years 718 807 5 years - 10 years 761 666 10 years - 15 years 347 125 15 years - 20 years 135 126 20 years+ 596 604 Total $2,581 $2,456 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $156 million and $407 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $9 million and $11 million, respectively, and gross losses of $0.2 million and $0.4 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $832 million and $1,133 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $38 million and $20 million, respectively, and gross losses of $4 million and $3 million, respectively, related to available-for-sale securities were reclassified out of other comprehensive income or other regulatory liabilities/assets into earnings. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of September 30, 2020 were $588 million for Indian Point 1, $742 million for Indian Point 2, $986 million for Indian Point 3, and $538 million for Palisades. The fair values of the decommissioning trust funds related to the Entergy Wholesale Commodities nuclear plants as of December 31, 2019 were $556 million for Indian Point 1, $701 million for Indian Point 2, $930 million for Indian Point 3, and $498 million for Palisades. The fair values of the decommissioning trust funds for the Registrant Subsidiaries’ nuclear plants are detailed below. Entergy Arkansas Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $433.2 $29.5 $0.2 2019 Debt Securities $412.8 $9.9 $2.6 The amortized cost of available-for-sale debt securities was $403.8 million as of September 30, 2020 and $405.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.60%, an average duration of approximately 6.91 years, and an average maturity of approximately 8.21 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $57.2 million and $27 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $26.8 $0.2 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $26.8 $0.2 $112.5 $2.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $13.6 $44.1 1 year - 5 years 102.0 109.1 5 years - 10 years 177.5 156.0 10 years - 15 years 75.8 31.3 15 years - 20 years 26.7 23.8 20 years+ 37.6 48.5 Total $433.2 $412.8 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $14.6 million and $45.5 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.7 million and $2 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2020, gross losses of $3.6 thousand were reclassified out of other regulatory liabilities/assets into earnings. During the three months ended September 30, 2019, there were no gross losses. During the nine months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $80.9 million and $78.7 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $7.5 million and $2.1 million, respectively, and gross losses of $0.2 million and $0.1 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Entergy Louisiana Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts. The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $626.4 $50.5 $0.5 2019 Debt Securities $601.5 $29.3 $0.8 The amortized cost of available-for-sale debt securities was $576.5 million as of September 30, 2020 and $573 million as of December 31, 2019. As of September 30, 2020, the available-for-sale debt securities had an average coupon rate of approximately 3.73%, an average duration of approximately 7.30 years, and an average maturity of approximately 12.97 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $80.2 million and $40.2 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $43.7 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $44.5 $0.5 $79.1 $0.8 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $7.7 $40.7 1 year - 5 years 122.9 142.0 5 years - 10 years 147.8 132.4 10 years - 15 years 95.1 39.8 15 years - 20 years 61.8 49.2 20 years+ 191.1 197.4 Total $626.4 $601.5 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $30.6 million and $59.7 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.4 million and $2.5 million, respectively, and gross losses of $1.3 thousand and $29 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $132.1 million and $155.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $6.3 million and $4.2 million, respectively, and gross losses of $0.7 million and $0.2 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, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $420.8 $31.6 $0.4 2019 Debt Securities $386.2 $15.1 $0.3 The amortized cost of available-for-sale debt securities was $389.7 million as of September 30, 2020 and $371.4 million as of December 31, 2019. As of September 30, 2020, available-for-sale debt securities had an average coupon rate of approximately 2.93%, an average duration of approximately 7.50 years, and an average maturity of approximately 11.20 years. The unrealized gains/(losses) recognized during the three and nine months ended September 30, 2020 on equity securities still held as of September 30, 2020 were $54.4 million and $25.7 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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $28.7 $0.4 $56.9 $0.3 More than 12 months — — 0.3 — Total $28.7 $0.4 $57.2 $0.3 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.6) $8.5 1 year - 5 years 163.1 154.6 5 years - 10 years 107.0 92.3 10 years - 15 years 27.5 13.4 15 years - 20 years 4.9 14.4 20 years+ 119.9 103.0 Total $420.8 $386.2 During the three months ended September 30, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $24.1 million and $108.6 million, respectively. During the three months ended September 30, 2020 and 2019, gross gains of $1.6 million and $1.7 million, respectively, and gross losses of $9.9 thousand 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, 2020 and 2019, proceeds from the dispositions of available-for-sale securities amounted to $189.7 million and $238.4 million, respectively. During the nine months ended September 30, 2020 and 2019, gross gains of $8.6 million and $3.6 million, respectively, and gross losses of $0.4 million and $0.6 million, respectively, related to available-for-sale securities were reclassified out of other regulatory liabilities/assets into earnings. Allowance for expected credit losses Entergy implemented ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, effective January 1, 2020. In accordance with the new standard, 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, 2020, Entergy’s allowance for expected credit losses related to available-for-sale securities was $0.6 million. Entergy did not record any impairments of available-for-sale debt securities for the three and nine months ended September 30, 2020. Other-than-temporary impairments and unrealized gains and losses

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.
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 commissions. 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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7 Other Tax Matters In accordance with ASC 718, “Compensation - Stock Compensation,” Entergy and the Registrant Subsidiaries recognized excess tax deductions as a reduction of income tax expense in the first quarter 2020. Due to the vesting and exercise of certain Entergy stock-based awards, Entergy recorded a permanent tax reduction of approximately $24.7 million, including $4.8 million for Entergy Arkansas, $8.6 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.5 million for Entergy New Orleans, $2.7 million for Entergy Texas, and $1.3 million for System Energy. In the first quarter 2020, Entergy and the IRS agreed upon and settled on the treatment of funds received by Entergy Louisiana in conjunction with the Act 55 financing of Hurricane Isaac storm costs, which resulted in a net reduction of income tax expense of approximately $32 million. As a result of the settlement, the position was partially sustained and Entergy Louisiana recorded a reduction of income tax expense of approximately $58 million primarily due to the reversal of liabilities for uncertain tax positions in excess of the agreed-upon settlement. Entergy recorded an increase to income tax expense of $26 million primarily resulting from the reduction of the deferred tax asset, associated with utilization of the net operating loss as a result of the settlement. This adjustment recorded by Entergy also accounted for the tax rate change of the Tax Cuts and Jobs Act. As a result of the IRS settlement, Entergy Louisiana recorded a $29 million ($21 million net-of-tax) regulatory charge and a corresponding regulatory liability to reflect its obligation to customers pursuant to the LPSC Hurricane Isaac Act 55 financing order. Tax Accounting Methods As discussed in Note 3 to the financial statements in the Form 10-K, in 2015, System Energy and Entergy Louisiana adopted a new method of accounting for income tax return purposes in which nuclear decommissioning liabilities are treated as production costs of electricity includable in cost of goods sold. The new method resulted in a reduction of taxable income of $1.2 billion for System Energy and $2.2 billion for Entergy Louisiana in 2015. In the third quarter 2020 the IRS issued Notices of Proposed Adjustment concerning this uncertain tax position allowing System Energy to include $102 million of its decommissioning liability in cost of goods sold, and Entergy Louisiana to include $221 million of its decommissioning liability in cost of goods sold. The Notices of Proposed Adjustment will not be appealed. As a result of System Energy being allowed to include part of its decommissioning liability in cost of goods sold, System Energy and Entergy recorded a deferred tax liability of $26 million. System Energy also recorded federal and state taxes payable of $402 million; on a consolidated basis, however, Entergy utilized tax loss carryovers to offset the federal taxable income adjustment and accordingly did not record federal taxes payable as a result of the outcome of this uncertain tax position. As a result of Entergy Louisiana being allowed to include part of its decommissioning liability in cost of goods sold, Entergy Louisiana and Entergy recorded a deferred tax liability of $60 million. Both Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment and accordingly did not record taxes payable as a result of the outcome of this uncertain tax position. The partial disallowance of this uncertain tax position to include the decommissioning liability in cost of goods sold resulted in a $1.5 billion decrease in the balance of unrecognized tax benefits related to federal and state taxes for Entergy. Additionally, both System Energy and Entergy Louisiana recorded a reduction to their balances of unrecognized tax benefits for federal and state taxes of $461 million and $1.1 billion, respectively. The tax treatment of Entergy Louisiana’s accrued regulatory liabilities associated with the Vidalia purchased power agreement and business combination guaranteed customer credits, which are discussed in Note 2 to the financial statements in the Form 10-K, has been resolved in a manner that results in a $190 million increase to previously reported taxable income. Entergy Louisiana and Entergy utilized tax loss carryovers to offset the taxable income adjustment, however, which allowed both Entergy Louisiana and Entergy to reduce their balances of federal and state unrecognized tax benefits by $74 million. Coronavirus Aid, Relief, and Economic Security Act In response to the economic impacts of the COVID-19 pandemic, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act provisions that result in the most significant opportunities for tax relief to Entergy and the Registrant Subsidiaries are permitting a five-year carryback of 2018-2020 net operating losses, removing the 80 percent limitation on the carryback of 2018-2020 net operating losses, increasing the limitation on interest expense deductibility for 2019 and 2020, accelerating available refunds for minimum tax credit carryforwards, modifying limitations on charitable contributions during 2020, and delaying the payment of employer payroll taxes. Based on current estimates, Entergy could defer approximately $64 million of 2020 payroll tax payments, which would be payable in two installments of $32 million on December 31, 2021 and December 31, 2022.

Property, Plant, And Equipment

Property, Plant, And Equipment	9 Months Ended
	Sep. 30, 2020
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.
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, 2020 were $1.4 billion for Entergy, $50.4 million for Entergy Arkansas, $1.1 billion for Entergy Louisiana, $24.1 million for Entergy Mississippi, $6.4 million for Entergy New Orleans, $204.3 million for Entergy Texas, and $18.0 million for System Energy. Construction expenditures included in accounts payable at December 31, 2019 were $406 million for Entergy, $67.9 million for Entergy Arkansas, $115.1 million for Entergy Louisiana, $34.2 million for Entergy Mississippi, $18.4 million for Entergy New Orleans, $88.1 million for Entergy Texas, and $23.2 million for System Energy. See Note 2 to the financial statements herein for discussion of construction expenditures related to Hurricane Laura recorded as of September 30, 2020.

Variable Interest Entities

Variable Interest Entities	9 Months Ended
	Sep. 30, 2020
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
Entergy Arkansas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
Entergy Louisiana [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
Entergy Mississippi [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
Entergy New Orleans [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
Entergy Texas [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.
System Energy [Member]
Variable Interest Entities	VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities. See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest representing approximately 11.5% of the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in the three months ended September 30, 2020 and in the three months ended September 30, 2019. System Energy made payments under this arrangement, including interest, of $17.2 million in the nine months ended September 30, 2020 and in the nine months ended September 30, 2019.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2020
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, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Arkansas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Louisiana [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Mississippi [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy New Orleans [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Texas [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
System Energy [Member]
Revenue Recognition	NOTE 13. REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy) Operating Revenues See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition. Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367 The Registrant Subsidiaries’ total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $274,496 $413,442 $161,031 $83,242 $221,009 Commercial 137,764 248,276 109,432 50,565 101,082 Industrial 138,037 316,876 34,062 7,219 93,454 Governmental 5,133 17,449 10,917 17,187 6,024 Total billed retail 555,430 996,043 315,442 158,213 421,569 Sales for resale (a) 64,494 81,843 29,535 9,057 67,643 Other electric revenues (b) 17,677 35,097 9,612 2,403 5,685 Revenues from contracts with customers 637,601 1,112,983 354,589 169,673 494,897 Other revenues (c) 6,788 (2,766) 1,907 (161) 25 Total electric revenues 644,389 1,110,217 356,496 169,512 494,922 Natural gas — 9,805 — 12,552 — Total operating revenues $644,389 $1,120,022 $356,496 $182,064 $494,922 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $253,627 $426,012 $177,785 $81,468 $215,563 Commercial 162,564 277,071 131,596 56,430 94,673 Industrial 156,024 376,595 44,054 8,613 100,836 Governmental 5,907 18,731 12,551 19,030 5,478 Total billed retail 578,122 1,098,409 365,986 165,541 416,550 Sales for resale (a) 58,953 81,664 9,569 6,876 16,704 Other electric revenues (b) 47,085 37,521 20,499 2,537 9,177 Revenues from contracts with customers 684,160 1,217,594 396,054 174,954 442,431 Other revenues (c) 3,366 4,280 2,678 1,784 446 Total electric revenues 687,526 1,221,874 398,732 176,738 442,877 Natural gas — 9,803 — 17,466 — Total operating revenues $687,526 $1,231,677 $398,732 $194,204 $442,877 The Registrant Subsidiaries’ total revenues for the nine months ended September 30, 2020 and 2019 were as follows: 2020 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $665,355 $974,407 $400,495 $187,561 $514,300 Commercial 355,112 659,641 295,823 132,470 269,133 Industrial 345,378 974,419 106,327 17,632 279,611 Governmental 13,508 50,984 31,043 43,512 17,204 Total billed retail 1,379,353 2,659,451 833,688 381,175 1,080,248 Sales for resale (a) 142,590 243,071 62,383 27,245 89,459 Other electric revenues (b) 82,811 120,209 45,448 7,166 36,426 Revenues from contracts with customers 1,604,754 3,022,731 941,519 415,586 1,206,133 Other revenues (c) 13,314 1,628 6,853 12,256 319 Total electric revenues 1,618,068 3,024,359 948,372 427,842 1,206,452 Natural gas — 37,962 — 50,867 — Total operating revenues $1,618,068 $3,062,321 $948,372 $478,709 $1,206,452 2019 Entergy Entergy Entergy Entergy Entergy (In Thousands) Residential $621,208 $980,443 $423,395 $192,165 $510,156 Commercial 412,697 715,983 331,785 156,152 254,799 Industrial 396,515 1,108,193 120,490 24,353 279,306 Governmental 15,776 53,547 33,108 53,916 15,933 Total billed retail 1,446,196 2,858,166 908,778 426,586 1,060,194 Sales for resale (a) 213,038 248,827 19,377 25,680 48,251 Other electric revenues (b) 107,599 130,269 47,887 8,093 37,329 Revenues from contracts with customers 1,766,833 3,237,262 976,042 460,359 1,145,774 Other revenues (c) 9,434 15,564 7,671 4,414 1,157 Total electric revenues 1,776,267 3,252,826 983,713 464,773 1,146,931 Natural gas — 44,498 — 68,418 — Total operating revenues $1,776,267 $3,297,324 $983,713 $533,191 $1,146,931 (a) Sales for resale and competitive businesses sales include day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments, and includes them as part of customer revenues. (b) Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market and unbilled revenue. (c) Other revenues include the settlement of financial hedges, occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees. Allowance for doubtful accounts The allowance for doubtful accounts reflects Entergy’s best estimate of expected losses on its accounts receivable balances. Due to the essential nature of utility services, Entergy has historically experienced a low rate of default on its accounts receivables. Due to the effect of the COVID-19 pandemic on customer receivables, however, Entergy recorded an increase in its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.

Rate And Regulatory Matters Rat

Rate And Regulatory Matters Rate and Regulatory Matters (Tables) - FERC April 2020 Order [Member]	9 Months Ended
	Sep. 30, 2020
Entergy Arkansas [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Louisiana [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Mississippi [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy New Orleans [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4
Entergy Texas [Member]
Payments Or Receipts Among Utility Operating Companies Related to System Agreement Proceedings [Table Text Block]	Also in June 2020, Entergy filed bandwidth true-up payments and receipts for the 2010-2012 test years to address the FERC’s April 2020 rehearing order: Payments (Receipts) (In Millions) Entergy Arkansas ($2.8) Entergy Louisiana $2.3 Entergy Mississippi $0.2 Entergy New Orleans ($0.1) Entergy Texas $0.4

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2020
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, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $521.1 200.2 $2.60 $365.2 198.9 $1.84 Average dilutive effect of: Stock options 0.4 — 0.7 (0.01) Other equity plans 0.5 (0.01) 0.9 (0.01) Diluted earnings per share $521.1 201.1 $2.59 $365.2 200.5 $1.82 For the Nine Months Ended September 30, 2020 2019 (In Millions, Except Per Share Data) Income Shares $/share Income Shares $/share Basic earnings per share Net income attributable to Entergy Corporation $1,000.4 200.1 $5.00 $856.2 193.9 $4.42 Average dilutive effect of: Stock options 0.4 (0.01) 0.5 (0.01) Other equity plans 0.5 (0.01) 0.7 (0.02) Equity forwards — — 0.6 (0.01) Diluted earnings per share $1,000.4 201.0 $4.98 $856.2 195.7 $4.38
Schedule of Accumulated Other Comprehensive Income (Loss)	Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2020 $37,090 ($485,949) $60,255 ($388,604) Other comprehensive income (loss) before reclassifications (4,964) — 181 (4,783) Amounts reclassified from accumulated other comprehensive income (loss) (11,594) 17,437 (2,876) 2,967 Net other comprehensive income (loss) for the period (16,558) 17,437 (2,695) (1,816) Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, July 1, 2019 $51,736 ($508,876) $26,736 ($430,404) Other comprehensive income (loss) before reclassifications (5,190) — 8,350 3,160 Amounts reclassified from accumulated other comprehensive income (loss) (14,913) 25,464 (3,079) 7,472 Net other comprehensive income (loss) for the period (20,103) 25,464 5,271 10,632 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2020 by component: Cash flow Pension Net Total (In Thousands) Beginning balance, January 1, 2020 $84,206 ($557,072) $25,946 ($446,920) Other comprehensive income (loss) before reclassifications 42,256 34,349 40,439 117,044 Amounts reclassified from accumulated other comprehensive income (loss) (105,930) 54,211 (8,825) (60,544) Net other comprehensive income (loss) for the period (63,674) 88,560 31,614 56,500 Ending balance, September 30, 2020 $20,532 ($468,512) $57,560 ($390,420) The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the nine months ended September 30, 2019 by component: Cash flow Pension Net Total (In Thousands) Ending balance, December 31, 2018 ($23,135) ($531,922) ($2,116) ($557,173) Implementation of accounting standards (7,685) — 879 (6,806) Beginning balance, January 1, 2019 ($30,820) ($531,922) ($1,237) ($563,979) Other comprehensive income (loss) before reclassifications 122,481 — 37,724 160,205 Amounts reclassified from accumulated other comprehensive income (loss) (60,028) 48,510 (4,480) (15,998) Net other comprehensive income (loss) for the period 62,453 48,510 33,244 144,207 Ending balance, September 30, 2019 $31,633 ($483,412) $32,007 ($419,772)
Reclassification out of Accumulated Other Comprehensive Income	Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $14,724 $18,925 Competitive business operating revenues Interest rate swaps (48) (48) Miscellaneous - net Total realized gain (loss) on cash flow hedges 14,676 18,877 Income taxes (3,082) (3,964) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $11,594 $14,913 Pension and other postretirement liabilities Amortization of prior-service credit $5,682 $5,325 (a) Amortization of loss (27,620) (20,919) (a) Settlement loss (196) (16,630) (a) Total amortization (22,134) (32,224) Income taxes 4,697 6,760 Income taxes Total amortization (net of tax) ($17,437) ($25,464) Net unrealized investment gain (loss) Realized gain (loss) $4,550 $4,872 Interest and investment income Income taxes (1,674) (1,793) Income taxes Total realized investment gain (loss) (net of tax) $2,876 $3,079 Total reclassifications for the period (net of tax) ($2,967) ($7,472) (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Cash flow hedges net unrealized gain (loss) Power contracts $134,233 $76,129 Competitive business operating revenues Interest rate swaps (145) (145) Miscellaneous - net Total realized gain (loss) on cash flow hedges 134,088 75,984 Income taxes (28,158) (15,956) Income taxes Total realized gain (loss) on cash flow hedges (net of tax) $105,930 $60,028 Pension and other postretirement liabilities Amortization of prior-service credit $15,083 $15,977 (a) Amortization of loss (82,561) (58,888) (a) Settlement loss (196) (18,685) (a) Total amortization (67,674) (61,596) Income taxes 13,463 13,086 Income taxes Total amortization (net of tax) ($54,211) ($48,510) Net unrealized investment gain (loss) Realized gain (loss) $13,963 $7,088 Interest and investment income Income taxes (5,138) (2,608) Income taxes Total realized investment gain (loss) (net of tax) $8,825 $4,480 Total reclassifications for the period (net of tax) $60,544 $15,998 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]
Schedule of Accumulated Other Comprehensive Income (Loss)	Pension and Other 2020 2019 (In Thousands) Beginning balance, July 1, $13,084 ($8,091) Amounts reclassified from accumulated other comprehensive income (loss) (800) (969) Net other comprehensive income (loss) for the period (800) (969) Ending balance, September 30, $12,284 ($9,060) The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the nine months ended September 30, 2020 and 2019: Pension and Other 2020 2019 (In Thousands) Beginning balance, January 1, $4,562 ($6,153) Other comprehensive income (loss) before reclassifications 10,050 — Amounts reclassified from accumulated other comprehensive income (loss) (2,328) (2,907) Net other comprehensive income (loss) for the period 7,722 (2,907) Ending balance, September 30, $12,284 ($9,060)
Reclassification out of Accumulated Other Comprehensive Income	Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $1,695 $1,837 (a) Amortization of loss (417) (526) (a) Settlement loss (196) — (a) Total amortization 1,082 1,311 Income taxes (282) (342) Income taxes Total amortization (net of tax) 800 969 Total reclassifications for the period (net of tax) $800 $969 (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, 2020 and 2019 were as follows: Amounts reclassified Income Statement Location 2020 2019 (In Thousands) Pension and other postretirement liabilities Amortization of prior-service credit $4,479 $5,511 (a) Amortization of loss (1,137) (1,578) (a) Settlement loss (196) — (a) Total amortization 3,146 3,933 Income taxes (818) (1,026) Income taxes Total amortization (net of tax) 2,328 2,907 Total reclassifications for the period (net of tax) $2,328 $2,907 (a) These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.

Revolving Credit Facilities, _2

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2020
Summary Of The Borrowings Outstanding And Capacity Available Under The Facility	Following is a summary of the borrowings outstanding and capacity available under the facility as of September 30, 2020. Capacity Borrowings Letters Capacity (In Millions) $3,500 $150 $6 $3,344
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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]
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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]
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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]
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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]
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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]
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, 2020: Company Amount of Letter of Credit Fee MISO Letters of Credit Entergy Arkansas $25 million 0.78% $3 million Entergy Louisiana $125 million 0.78% $21.2 million Entergy Mississippi $65 million 0.78% $1 million Entergy New Orleans $15 million 1.00% $1 million Entergy Texas $50 million 0.70% $27.2 million (a) As of September 30, 2020, letters of credit posted with MISO covered financial transmission rights exposure of $1.9 million for Entergy Arkansas, $2.2 million for Entergy Louisiana, $0.7 million for Entergy Mississippi, and $0.2 million for Entergy New Orleans. See Note 8 to the financial statements herein for discussion of financial transmission rights. (b) As of September 30, 2020, in addition to the $1 million MISO letter of credit, Entergy Mississippi has $1 million of non-MISO letters of credit outstanding under this facility.
Short-Term Borrowings And The Outstanding Short-Term Borrowings	The following were the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of September 30, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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, 2020 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: Authorized Borrowings (In Millions) Entergy Arkansas $250 $— Entergy Louisiana $450 $— Entergy Mississippi $175 $— Entergy New Orleans $150 $5 Entergy Texas $200 $54 System Energy $200 $—
Issuance Of Commercial Paper To Finance Acquisition And Ownership Of Nuclear Fuel	To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs have commercial paper programs in place. Following is a summary as of September 30, 2020: Company Expiration Amount Weighted Amount (Dollars in Millions) Entergy Arkansas VIE September 2022 $80 1.97% $9.1 Entergy Louisiana River Bend VIE September 2022 $105 2.07% $30.9 Entergy Louisiana Waterford VIE September 2022 $105 1.94% $51.4 System Energy VIE September 2022 $120 1.63% $75.7 (a) Includes letter of credit fees and bank fronting fees on commercial paper issuances, if any, by the nuclear fuel company variable interest entities for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company variable interest entity for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Notes Payable By Variable Interest Entities	The nuclear fuel company variable interest entities had notes payable that were included in debt on the respective balance sheets as of September 30, 2020 as follows: Company Description Amount Entergy Arkansas VIE 3.65% Series L due July 2021 $90 million Entergy Arkansas VIE 3.17% Series M due December 2023 $40 million Entergy Louisiana River Bend VIE 2.51% Series V due June 2027 $70 million Entergy Louisiana Waterford VIE 3.92% Series H due February 2021 $40 million Entergy Louisiana Waterford VIE 3.22% Series I due December 2023 $20 million System Energy VIE 3.42% Series J due April 2021 $100 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, 2020 were as follows: Book Value Fair Value (In Thousands) Entergy $20,662,679 $22,925,661 Entergy Arkansas $4,280,229 $4,648,483 Entergy Louisiana $7,651,976 $8,756,480 Entergy Mississippi $1,780,310 $1,997,431 Entergy New Orleans $674,832 $663,388 Entergy Texas $2,047,749 $2,318,713 System Energy $592,611 $615,602 (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, 2019 were as follows: Book Value Fair Value (In Thousands) Entergy $17,873,655 $19,059,950 Entergy Arkansas $3,517,208 $3,747,914 Entergy Louisiana $7,303,669 $7,961,168 Entergy Mississippi $1,614,129 $1,709,505 Entergy New Orleans $560,906 $523,846 Entergy Texas $1,922,956 $2,090,215 System Energy $548,107 $565,209 (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, 2020
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, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $1.0 $0.9 Tax benefit recognized in Entergy’s net income $0.3 $0.2 Compensation cost capitalized as part of fixed assets and materials and supplies $0.4 $0.4 The following table includes financial information for outstanding stock options for the nine months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $3.0 $2.9 Tax benefit recognized in Entergy’s net income $0.8 $0.7 Compensation cost capitalized as part of fixed assets and materials and supplies $1.2 $1.0
Financial Information For Restricted Stock	The following table includes financial information for other outstanding equity awards for the three months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $8.9 $8.4 Tax benefit recognized in Entergy’s net income $2.2 $2.1 Compensation cost capitalized as part of fixed assets and materials and supplies $3.6 $3.0 The following table includes financial information for other outstanding equity awards for the nine months ended September 30, 2020 and 2019: 2020 2019 (In Millions) Compensation expense included in Entergy’s net income $27.9 $25.6 Tax benefit recognized in Entergy’s net income $7.1 $6.5 Compensation cost capitalized as part of fixed assets and materials and supplies $10.8 $8.8

Retirement And Other Postreti_2

Retirement And Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2020
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 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s qualified pension cost, including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $40,366 $33,553 Interest cost on projected benefit obligation 59,930 73,261 Expected return on assets (103,534) (103,751) Amortization of net loss 87,516 60,395 Settlement charges 32,429 16,291 Net pension costs $116,707 $79,749 Entergy’s qualified pension cost, including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $121,124 $100,766 Interest cost on projected benefit obligation 181,528 221,114 Expected return on assets (310,664) (311,494) Amortization of net loss 262,034 177,233 Settlement charges 32,429 17,591 Net pension costs $286,451 $205,210
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the third quarters of 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $6,231 $4,675 Interest cost on accumulated postretirement benefit obligation (APBO) 6,888 11,975 Expected return on assets (10,182) (9,562) Amortization of prior service credit (8,985) (8,844) Amortization of net loss 1,005 358 Net other postretirement benefit income ($5,043) ($1,398) Entergy’s other postretirement benefit cost (income), including amounts capitalized, for the nine months ended September 30, 2020 and 2019, included the following components: 2020 2019 (In Thousands) Service cost - benefits earned during the period $18,263 $14,025 Interest cost on accumulated postretirement benefit obligation (APBO) 21,708 35,925 Expected return on assets (30,692) (28,686) Amortization of prior service credit (23,892) (26,532) Amortization of net loss 2,478 1,074 Net other postretirement benefit cost income ($12,135) ($4,194)
Entergy Arkansas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)
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 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income, amortization	Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the third quarters of 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,739 ($57) $5,682 Amortization of net loss (26,462) (327) (831) (27,620) Settlement loss (196) — — (196) ($26,658) $5,412 ($888) ($22,134) Entergy Louisiana Amortization of prior service credit $— $1,695 $— $1,695 Amortization of net gain (loss) (497) 81 (1) (417) Settlement loss (196) — — ($196) ($693) $1,776 ($1) $1,082 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $5,375 ($50) $5,325 Amortization of net gain (loss) (20,686) 308 (541) (20,919) Settlement loss (16,257) — (373) (16,630) ($36,943) $5,683 ($964) ($32,224) Entergy Louisiana Amortization of prior service credit $— $1,837 $— $1,837 Amortization of net gain (loss) (699) 174 (1) (526) ($699) $2,011 ($1) $1,311 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, 2020 and 2019: 2020 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $15,255 ($172) $15,083 Amortization of net loss (79,387) (680) (2,494) (82,561) Settlement loss (196) — — (196) ($79,583) $14,575 ($2,666) ($67,674) Entergy Louisiana Amortization of prior service credit $— $4,479 $— $4,479 Amortization of net gain (loss) (1,495) 361 (3) (1,137) Settlement loss (196) — — (196) ($1,691) $4,840 ($3) $3,146 2019 Qualified Other Non-Qualified Total (In Thousands) Entergy Amortization of prior service (cost) credit $— $16,125 ($148) $15,977 Amortization of net gain (loss) (58,156) 923 (1,655) (58,888) Settlement loss (17,557) — (1,128) (18,685) ($75,713) $17,048 ($2,931) ($61,596) Entergy Louisiana Amortization of prior service credit $— $5,511 $— $5,511 Amortization of net gain (loss) (2,096) 522 (4) (1,578) ($2,096) $6,033 ($4) $3,933
Entergy Louisiana [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)
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 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
Entergy Mississippi [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)
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 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
Entergy New Orleans [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)
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 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
Entergy Texas [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)
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 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $83 $37 $90 $7 $118 2019 $67 $38 $69 $5 $119 The Registrant Subsidiaries recognized the following pension cost for their employees for their non-qualified pension plans for the nine months ended September 30, 2020 and 2019: Entergy Entergy Entergy Entergy Entergy (In Thousands) 2020 $249 $111 $270 $21 $354 2019 $211 $122 $257 $16 $365 Reflected in Entergy Mississippi’s non-qualified pension costs for the nine months ended September 30, 2019 were settlement charges of $40 thousand related to the payment of lump sum benefits out of the plan.
System Energy [Member] | Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Components Of Net Pension Cost	The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the third quarters of 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $6,580 $8,788 $2,015 $663 $1,529 $1,970 Interest cost on projected benefit obligation 11,054 12,614 3,234 1,457 2,686 2,753 Expected return on assets (19,531) (22,415) (5,783) (2,627) (5,483) (4,687) Amortization of net loss 17,092 16,663 4,747 2,005 3,295 4,277 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $34,903 $22,177 $6,512 $1,498 $5,922 $4,313 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $5,260 $7,284 $1,629 $568 $1,350 $1,549 Interest cost on projected benefit obligation 14,175 15,882 4,068 1,873 3,613 3,364 Expected return on assets (20,177) (22,651) (5,969) (2,696) (5,862) (4,678) Amortization of net loss 11,840 11,643 3,104 1,529 2,334 2,850 Net pension cost $11,098 $12,158 $2,832 $1,274 $1,435 $3,085 The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $19,712 $26,376 $6,061 $1,989 $4,621 $5,900 Interest cost on projected benefit obligation 33,920 38,296 9,914 4,369 8,250 8,381 Expected return on assets (58,775) (67,219) (17,297) (7,881) (16,455) (14,013) Amortization of net loss 50,886 49,917 14,243 6,015 9,825 12,835 Settlement charges 19,708 6,527 2,299 — 3,895 — Net pension cost $65,451 $53,897 $15,220 $4,492 $10,136 $13,103 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $15,782 $21,852 $4,887 $1,706 $4,050 $4,649 Interest cost on projected benefit obligation 42,525 47,646 12,204 5,621 10,837 10,091 Expected return on assets (60,529) (67,955) (17,905) (8,089) (17,586) (14,032) Amortization of net loss 35,522 34,929 9,313 4,588 7,002 8,550 Net pension cost $33,300 $36,472 $8,499 $3,826 $4,303 $9,258
Expected Employer Contributions	Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their employees in 2020: Entergy Entergy Entergy Entergy Entergy System (In Thousands) Expected 2020 pension contributions $73,905 $74,572 $15,664 $6,301 $6,901 $20,406 Pension contributions made through September 2020 $43,032 $30,988 $8,691 $2,353 $2,517 $10,635 Remaining estimated pension contributions to be made in 2020 $30,873 $43,584 $6,973 $3,948 $4,384 $9,771
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 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $933 $1,524 $372 $114 $306 $321 Interest cost on APBO 1,164 1,497 372 186 477 276 Expected return on assets (4,260) — (1,287) (1,344) (2,403) (735) Amortization of prior service credit (396) (1,695) (444) (228) (939) (282) Amortization of net (gain) loss 162 (81) 48 9 231 33 Net other postretirement benefit cost (income) ($2,397) $1,245 ($939) ($1,263) ($2,328) ($387) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $591 $1,160 $262 $92 $236 $243 Interest cost on APBO 1,807 2,666 670 395 854 476 Expected return on assets (3,991) — (1,199) (1,237) (2,276) (697) Amortization of prior service credit (1,238) (1,837) (439) (171) (561) (363) Amortization of net (gain) loss 144 (174) 181 58 121 89 Net other postretirement benefit cost (income) ($2,687) $1,815 ($525) ($863) ($1,626) ($252) The Registrant Subsidiaries’ other postretirement benefit cost (income), including amounts capitalized, for their employees for the nine months ended September 30, 2020 and 2019, included the following components: 2020 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $2,694 $4,471 $1,095 $333 $915 $936 Interest cost on APBO 3,545 4,717 1,166 599 1,536 859 Expected return on assets (12,846) — (3,881) (4,043) (7,241) (2,218) Amortization of prior service credit (1,453) (4,479) (1,209) (532) (2,428) (783) Amortization of net (gain) loss 379 (361) 125 (20) 674 86 Net other postretirement benefit cost (income) ($7,681) $4,348 ($2,704) ($3,663) ($6,544) ($1,120) 2019 Entergy Entergy Entergy Entergy Entergy System (In Thousands) Service cost - benefits earned during the period $1,773 $3,480 $786 $276 $708 $729 Interest cost on APBO 5,421 7,998 2,010 1,185 2,562 1,428 Expected return on assets (11,973) — (3,597) (3,711) (6,828) (2,091) Amortization of prior service credit (3,714) (5,511) (1,317) (513) (1,683) (1,089) Amortization of net (gain) loss 432 (522) 543 174 363 267 Net other postretirement benefit cost (income) ($8,061) $5,445 ($1,575) ($2,589) ($4,878) ($756)

Business Segment Information (T

Business Segment Information (Tables) - Entergy Corporation [Member]	9 Months Ended
	Sep. 30, 2020
Segment Financial Information	Entergy’s segment financial information for the third quarters of 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $2,689,186 $214,371 $25 ($14) $2,903,568 Income taxes $143,622 $12,321 ($6,499) $— $149,444 Consolidated net income (loss) $555,583 $30,773 ($28,758) ($31,899) $525,699 2019 Operating revenues $2,840,222 $300,363 $9 ($19) $3,140,575 Income taxes $71,698 ($30,855) ($11,642) $— $29,201 Consolidated net income (loss) $581,964 ($140,501) ($40,105) ($31,899) $369,459 Entergy’s segment financial information for the nine months ended September 30, 2020 and 2019 was as follows: Utility Entergy All Other Eliminations Entergy (In Thousands) 2020 Operating revenues $6,996,876 $746,629 $54 ($25) $7,743,534 Income taxes $164,383 $6,249 ($3,266) $— $167,366 Consolidated net income (loss) $1,228,333 $5,523 ($124,056) ($95,695) $1,014,105 Total assets as of September 30, 2020 $53,825,473 $3,743,167 $519,264 ($2,017,653) $56,070,251 2019 Operating revenues $7,392,641 $1,023,757 $11 ($42) $8,416,367 Income taxes $81,283 $25,763 ($33,616) $— $73,430 Consolidated net income (loss) $1,150,863 ($68,804) ($117,725) ($95,695) $868,639 Total assets as of December 31, 2019 $49,557,664 $4,154,961 $514,020 ($2,502,733) $51,723,912 The Entergy Wholesale Commodities business is sometimes referred to as the “competitive businesses.” Eliminations were primarily intersegment activity. Almost all of Entergy’s goodwill was related to the Utility segment.
Restructuring and Related Costs [Table Text Block]	2020 2019 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, $153 $14 $167 $181 $14 $195 Restructuring costs accrued 19 — 19 14 — 14 Cash paid out 1 — 1 86 — 86 Balance as of September 30, $171 $14 $185 $109 $14 $123 In addition, Entergy Wholesale Commodities incurred $4 million in the third quarter 2020 and $8 million in the third quarter 2019 of impairment and other related charges associated with these strategic decisions and transactions. Total restructuring charges for the nine months ended September 30, 2020 and 2019 were comprised of the following: 2020 2019 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, $129 $14 $143 $179 $14 $193 Restructuring costs accrued 57 — 57 70 — 70 Cash paid out 15 — 15 140 — 140 Balance as of September 30, $171 $14 $185 $109 $14 $123

Risk Management And Fair Valu_2

Risk Management And Fair Values (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Values Of Derivative Instruments	The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $29 ($2) $27 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $1 $— $1 Entergy Wholesale Commodities Natural gas swaps and options Prepayments and other (current portion) $3 $— $3 Utility Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $17 $— $17 Utility and Entergy Wholesale Commodities Liabilities: Natural gas swaps and options Other non-current liabilities (non-current portion) $1 $— $1 Utility The fair values of Entergy’s derivative instruments in the consolidated balance sheet as of December 31, 2019 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Business (In Millions) Derivatives designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $92 ($1) $91 Entergy Wholesale Commodities Electricity swaps and options Other deferred debits and other assets (non-current portion) $17 $— $17 Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $1 ($1) $— Entergy Wholesale Commodities Derivatives not designated as hedging instruments Assets: Electricity swaps and options Prepayments and other (current portion) $11 ($1) $10 Entergy Wholesale Commodities Natural gas swaps and options Other deferred debits and other assets (non-current portion) $1 $— $1 Utility Financial transmission rights Prepayments and other $10 $— $10 Utility and Entergy Wholesale Commodities Liabilities: Electricity swaps and options Other current liabilities (current portion) $2 ($2) $— Entergy Wholesale Commodities Natural gas swaps and options Other current liabilities (current portion) $5 $— $5 Utility Natural gas swaps and options Other non-current liabilities (non-current portion) $2 $— $2 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
Derivative Instruments Designated As Cash Flow Hedges On Consolidated Statements Of Income	Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options ($6) Competitive businesses operating revenues $15 2019 Electricity swaps and options ($7) Competitive businesses operating revenues $19 (a) Before taxes of $3 million and $4 million for the three months ended September 30, 2020 and 2019, respectively The effects of Entergy’s derivative instruments designated as cash flow hedges on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Amount of gain (loss) Income Statement location Amount of gain (In Millions) (In Millions) 2020 Electricity swaps and options $54 Competitive businesses operating revenues $134 2019 Electricity swaps and options $145 Competitive businesses operating revenues $76 (a) Before taxes of $28 million and $16 million for the nine months ended September 30, 2020 and 2019, respectively
Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income	The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($1) Financial transmission rights Purchased power expense (b) $33 Electricity swaps and options (c) Competitive business operating revenues $2 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($2) Financial transmission rights Purchased power expense (b) $25 Electricity swaps and options (c) Competitive business operating revenues $1 The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the nine months ended September 30, 2020 and 2019 were as follows: Instrument Income Statement Amount of gain (loss) (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale (a) ($3) Financial transmission rights Purchased power expense (b) $61 Electricity swaps and options (c) Competitive business operating revenues $— 2019 Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale (a) ($9) Financial transmission rights Purchased power expense (b) $78 Electricity swaps and options (c) Competitive business operating revenues $4 (a) Due to regulatory treatment, the natural gas swaps and options are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as fuel expenses when the swaps and options are settled are recovered or refunded through fuel cost recovery mechanisms. (b) Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability. The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms. (c) There were no gains (losses) recognized in accumulated other comprehensive income from electricity swaps and options.
Assets and liabilities at fair value on a recurring basis	The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2020 and December 31, 2019. 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. 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1,196 $— $— $1,196 Decommissioning trust funds (a): Equity securities 959 — — 959 Debt securities (b) 1,091 2,036 — 3,127 Common trusts (c) 2,702 Power contracts — — 28 28 Securitization recovery trust account 47 — — 47 Escrow accounts 420 — — 420 Gas hedge contracts 3 1 — 4 Financial transmission rights — — 17 17 $3,716 $2,037 $45 $8,500 Liabilities: Gas hedge contracts $— $1 $— $1 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $391 $— $— $391 Decommissioning trust funds (a): Equity securities 905 — — 905 Debt securities 1,139 1,824 — 2,963 Common trusts (c) 2,536 Power contracts — — 118 118 Securitization recovery trust account 47 — — 47 Escrow accounts 459 — — 459 Gas hedge contracts — 1 — 1 Financial transmission rights — — 10 10 $2,941 $1,825 $128 $7,430 Liabilities: Gas hedge contracts $5 $2 $— $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 of a credit loss valuation allowance of $0.6 million on debt securities due to the adoption of ASU 2016-13. 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, 2020 and 2019: 2020 2019 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of July 1, $49 $22 $72 $29 Total gains (losses) for the period (a) Included in earnings 2 1 1 — Included in other comprehensive income (6) — (7) — Included as a regulatory liability/asset — 27 — 12 Settlements (17) (33) (18) (25) Balance as of September 30, $28 $17 $48 $16 (a) Change in unrealized gains or losses for the period included in earnings for derivatives held at the end of the reporting period was ($3.7) million for the three months ended September 30, 2020 and ($1.2) million for the three months ended September 30, 2019. The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020 and 2019: 2020 2019 Power Contracts Financial transmission rights Power Contracts Financial transmission rights (In Millions) Balance as of January 1, $118 $10 ($31) $15 Total gains (losses) for the period (a) Included in earnings — 1 4 — Included in other comprehensive income 54 — 145 — Included as a regulatory liability/asset — 44 — 44 Issuances of financial transmission rights — 23 — 35 Settlements (144) (61) (70) (78) Balance as of September 30, $28 $17 $48 $16
Fair Value Inputs Liabilities Quantitative Information	The following table sets forth a description of the types of transactions classified as Level 3 in the fair value hierarchy and significant unobservable inputs to each which cause that classification as of September 30, 2020: Transaction Type Fair Value Significant Range Effect on (In Millions) (In Millions) Power contracts - electricity swaps $28 Unit contingent discount +/- 4.75% $3
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, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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
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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (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 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $597.8 $— $— $597.8 Decommissioning trust funds (a): Equity securities 15.1 — — 15.1 Debt securities 105.6 327.6 — 433.2 Common trusts (b) 720.5 Financial transmission rights — — 6.3 6.3 $718.5 $327.6 $6.3 $1,772.9 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Decommissioning trust funds (a): Equity securities $0.6 $— $— $0.6 Debt securities 108.7 304.1 — 412.8 Common trusts (b) 687.9 Securitization recovery trust account 4.0 — — 4.0 Financial transmission rights — — 3.3 3.3 $113.3 $304.1 $3.3 $1,108.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $8.2 $15.6 $2.8 $2.0 $0.6 Gains (losses) included as a regulatory liability/asset (0.8) 7.9 0.6 (1.6) 6.2 Settlements (3.5) (14.4) (1.9) 0.3 (5.5) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 6.3 23.0 0.6 (1.1) 15.3 Settlements (15.4) (40.9) (5.2) (2.2) (13.6) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3
Entergy Louisiana [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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
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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (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 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $251.8 $— $— $251.8 Decommissioning trust funds (a): Equity securities 9.4 — — 9.4 Debt securities 162.8 463.6 — 626.4 Common trusts (b) 1,014.6 Escrow accounts 256.7 — — 256.7 Securitization recovery trust account 9.6 — — 9.6 Gas hedge contracts 2.2 0.9 — 3.1 Financial transmission rights — — 7.0 7.0 $692.5 $464.5 $7.0 $2,178.6 Liabilities: Gas hedge contracts $— $1.3 $— $1.3 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $1.5 $— $— $1.5 Decommissioning trust funds (a): Equity securities 4.3 — — 4.3 Debt securities 180.8 420.7 — 601.5 Common trusts (b) 958.0 Escrow accounts 295.9 — — 295.9 Securitization recovery trust account 3.7 — — 3.7 Gas hedge contracts — 0.8 — 0.8 Financial transmission rights — — 4.5 4.5 $486.2 $421.5 $4.5 $1,870.2 Liabilities: Gas hedge contracts $2.4 $2.2 $— $4.6
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $8.2 $15.6 $2.8 $2.0 $0.6 Gains (losses) included as a regulatory liability/asset (0.8) 7.9 0.6 (1.6) 6.2 Settlements (3.5) (14.4) (1.9) 0.3 (5.5) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 6.3 23.0 0.6 (1.1) 15.3 Settlements (15.4) (40.9) (5.2) (2.2) (13.6) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3
Entergy Mississippi [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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
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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (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 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $43.0 $— $— $43.0 Escrow accounts 80.3 — — 80.3 Gas hedge contracts 1.1 — — 1.1 Financial transmission rights — — 0.8 0.8 $124.4 $— $0.8 $125.2 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $51.6 $— $— $51.6 Escrow accounts 80.2 — — 80.2 Financial transmission rights — — 0.8 0.8 $131.8 $— $0.8 $132.6 Liabilities: Gas hedge contracts $2.3 $— $— $2.3
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $8.2 $15.6 $2.8 $2.0 $0.6 Gains (losses) included as a regulatory liability/asset (0.8) 7.9 0.6 (1.6) 6.2 Settlements (3.5) (14.4) (1.9) 0.3 (5.5) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 6.3 23.0 0.6 (1.1) 15.3 Settlements (15.4) (40.9) (5.2) (2.2) (13.6) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3
Entergy New Orleans [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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
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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (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 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Securitization recovery trust account $6.2 $— $— $6.2 Escrow accounts 83.0 — — 83.0 Financial transmission rights — — 0.1 0.1 $89.2 $— $0.1 $89.3 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $6.0 $— $— $6.0 Securitization recovery trust account 2.0 — — 2.0 Escrow accounts 82.6 — — 82.6 Financial transmission rights — — 0.3 0.3 $90.6 $— $0.3 $90.9 Liabilities: Gas hedge contracts $0.2 $— $— $0.2
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, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $8.2 $15.6 $2.8 $2.0 $0.6 Gains (losses) included as a regulatory liability/asset (0.8) 7.9 0.6 (1.6) 6.2 Settlements (3.5) (14.4) (1.9) 0.3 (5.5) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 6.3 23.0 0.6 (1.1) 15.3 Settlements (15.4) (40.9) (5.2) (2.2) (13.6) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3
Entergy Texas [Member]
Fair Values Of Derivative Instruments	The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of September 30, 2020 are shown in the table below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging. Instrument Balance Sheet Location Gross Fair Value (a) Offsetting Position (b) Net Fair Value (c) (d) Registrant (In Millions) Assets: Natural gas swaps and options Prepayments and other $2.2 $— $2.2 Entergy Louisiana Natural gas swaps and options Other deferred debits and other assets (non-current portion) $0.9 $— $0.9 Entergy Louisiana Natural gas swaps Prepayments and other $1.1 $— $1.1 Entergy Mississippi Financial transmission rights Prepayments and other $6.4 ($0.1) $6.3 Entergy Arkansas Financial transmission rights Prepayments and other $7.1 ($0.1) $7.0 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 ($0.2) $0.1 Entergy New Orleans Financial transmission rights Prepayments and other $2.3 $— $2.3 Entergy Texas Liabilities: Natural gas swaps and options Other non-current liabilities $1.3 $— $1.3 Entergy Louisiana The fair values of the Registrant Subsidiaries’ derivative instruments not designated as hedging instruments on their balance sheets as of December 31, 2019 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 Other deferred debits and other assets $0.8 $— $0.8 Entergy Louisiana Financial transmission rights Prepayments and other $3.4 ($0.1) $3.3 Entergy Arkansas Financial transmission rights Prepayments and other $4.5 $— $4.5 Entergy Louisiana Financial transmission rights Prepayments and other $0.8 $— $0.8 Entergy Mississippi Financial transmission rights Prepayments and other $0.3 $— $0.3 Entergy New Orleans Financial transmission rights Prepayments and other $1.0 ($0.1) $0.9 Entergy Texas Liabilities: Natural gas swaps and options Other current liabilities $2.4 $— $2.4 Entergy Louisiana Natural gas swaps and options Other non-current liabilities $2.2 $— $2.2 Entergy Louisiana Natural gas swaps Other current liabilities $2.3 $— $2.3 Entergy Mississippi Natural gas swaps Other current liabilities $0.2 $— $0.2 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
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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($1.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $5.2 (b) Entergy Arkansas Financial transmission rights Purchased power expense $3.1 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.1 (b) Entergy New Orleans Financial transmission rights Purchased power expense $22.8 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($1.7) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.3) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.1) (a) Entergy New Orleans Financial transmission rights Purchased power expense $3.5 (b) Entergy Arkansas Financial transmission rights Purchased power expense $14.4 (b) Entergy Louisiana Financial transmission rights Purchased power expense $1.9 (b) Entergy Mississippi Financial transmission rights Purchased power expense ($0.3) (b) Entergy New Orleans Financial transmission rights Purchased power expense $5.5 (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, 2020 and 2019 were as follows: Instrument Income Statement Location Amount of gain Registrant (In Millions) 2020 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale $1.4 (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($4.0) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($0.5) (a) Entergy New Orleans Financial transmission rights Purchased power expense $14.7 (b) Entergy Arkansas Financial transmission rights Purchased power expense $13.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $0.7 (b) Entergy Mississippi Financial transmission rights Purchased power expense $0.8 (b) Entergy New Orleans Financial transmission rights Purchased power expense $30.5 (b) Entergy Texas 2019 Natural gas swaps and options Fuel, fuel-related expenses, and gas purchased for resale ($3.6) (a) Entergy Louisiana Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale ($5.5) (a) Entergy Mississippi Natural gas swaps Fuel, fuel-related expenses, and gas purchased for resale $0.1 (a) Entergy New Orleans Financial transmission rights Purchased power expense $15.4 (b) Entergy Arkansas Financial transmission rights Purchased power expense $40.9 (b) Entergy Louisiana Financial transmission rights Purchased power expense $5.3 (b) Entergy Mississippi Financial transmission rights Purchased power expense $2.2 (b) Entergy New Orleans Financial transmission rights Purchased power expense $13.6 (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 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets : Securitization recovery trust account $30.9 $— $— $30.9 Financial transmission rights — — 2.3 2.3 $30.9 $— $2.3 $33.2 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets : Temporary cash investments $12.9 $— $— $12.9 Securitization recovery trust account 37.7 — — 37.7 Financial transmission rights — — 0.9 0.9 $50.6 $— $0.9 $51.5
Reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy	The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $6.1 $12.5 $1.1 ($0.2) $2.6 Gains (losses) included as a regulatory liability/asset 5.4 (2.4) 1.0 0.4 22.5 Settlements (5.2) (3.1) (1.3) (0.1) (22.8) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the three months ended September 30, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of July 1, $8.2 $15.6 $2.8 $2.0 $0.6 Gains (losses) included as a regulatory liability/asset (0.8) 7.9 0.6 (1.6) 6.2 Settlements (3.5) (14.4) (1.9) 0.3 (5.5) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3 The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of derivatives classified as Level 3 in the fair value hierarchy for the nine months ended September 30, 2020. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.3 $4.5 $0.8 $0.3 $0.9 Issuances of financial transmission rights 6.5 13.2 1.4 (0.1) 2.4 Gains (losses) included as a regulatory liability/asset 11.2 3.2 (0.7) 0.7 29.5 Settlements (14.7) (13.9) (0.7) (0.8) (30.5) Balance as of September 30, $6.3 $7.0 $0.8 $0.1 $2.3 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, 2019. Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of January 1, $3.4 $8.3 $2.2 $1.3 ($0.5) Issuances of financial transmission rights 9.6 18.7 3.9 2.7 0.1 Gains (losses) included as a regulatory liability/asset 6.3 23.0 0.6 (1.1) 15.3 Settlements (15.4) (40.9) (5.2) (2.2) (13.6) Balance as of September 30, $3.9 $9.1 $1.5 $0.7 $1.3
System Energy [Member]
Assets and liabilities at fair value on a recurring basis	System Energy 2020 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $11.8 $— $— $11.8 Decommissioning trust funds (a): Equity securities 8.5 — — 8.5 Debt Securities 179.1 241.7 — 420.8 Common trusts (b) 685.2 $199.4 $241.7 $— $1,126.3 2019 Level 1 Level 2 Level 3 Total (In Millions) Assets: Temporary cash investments $68.4 $— $— $68.4 Decommissioning trust funds (a): Equity securities 13.3 — — 13.3 Debt securities 176.3 209.9 — 386.2 Common trusts (b) 654.6 $258.0 $209.9 $— $1,122.5

Decommissioning Trust Funds (Ta

Decommissioning Trust Funds (Tables)	9 Months Ended
	Sep. 30, 2020
Securities Held	The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities (a) $2,581 $201 $2 2019 Debt Securities (a) $2,456 $96 $6
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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $206 $2 $404 $5 More than 12 months 2 — 38 1 Total $208 $2 $442 $6
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, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $24 $128 1 year - 5 years 718 807 5 years - 10 years 761 666 10 years - 15 years 347 125 15 years - 20 years 135 126 20 years+ 596 604 Total $2,581 $2,456
Entergy Arkansas [Member]
Securities Held	The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $433.2 $29.5 $0.2 2019 Debt Securities $412.8 $9.9 $2.6
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, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $26.8 $0.2 $104.8 $2.5 More than 12 months — — 7.7 0.1 Total $26.8 $0.2 $112.5 $2.6
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, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $13.6 $44.1 1 year - 5 years 102.0 109.1 5 years - 10 years 177.5 156.0 10 years - 15 years 75.8 31.3 15 years - 20 years 26.7 23.8 20 years+ 37.6 48.5 Total $433.2 $412.8
Entergy Louisiana [Member]
Securities Held	The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $626.4 $50.5 $0.5 2019 Debt Securities $601.5 $29.3 $0.8
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $43.7 $0.5 $71.2 $0.8 More than 12 months 0.8 — 7.9 — Total $44.5 $0.5 $79.1 $0.8
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year $7.7 $40.7 1 year - 5 years 122.9 142.0 5 years - 10 years 147.8 132.4 10 years - 15 years 95.1 39.8 15 years - 20 years 61.8 49.2 20 years+ 191.1 197.4 Total $626.4 $601.5
System Energy [Member]
Securities Held	The available-for-sale securities held as of September 30, 2020 and December 31, 2019 are summarized as follows: Fair Total Total (In Millions) 2020 Debt Securities $420.8 $31.6 $0.4 2019 Debt Securities $386.2 $15.1 $0.3
Available For Sale Securities Continuous Unrealized Loss Position Fair Value	The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of September 30, 2020 and December 31, 2019: September 30, 2020 December 31, 2019 Fair Gross Fair Gross (In Millions) Less than 12 months $28.7 $0.4 $56.9 $0.3 More than 12 months — — 0.3 — Total $28.7 $0.4 $57.2 $0.3
Fair Value Of Debt Securities By Contractual Maturities	The fair value of available-for-sale debt securities, summarized by contractual maturities, as of September 30, 2020 and December 31, 2019 were as follows: 2020 2019 (In Millions) Less than 1 year ($1.6) $8.5 1 year - 5 years 163.1 154.6 5 years - 10 years 107.0 92.3 10 years - 15 years 27.5 13.4 15 years - 20 years 4.9 14.4 20 years+ 119.9 103.0 Total $420.8 $386.2

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2020
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
Entergy Mississippi [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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7
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 2020 2019 2020 2019 (In Millions) Entergy $17 $96 $61 $219 Entergy Arkansas ($2) $41 $9 $99 Entergy Louisiana $8 $17 $24 $31 Entergy New Orleans $1 $7 $6 $9 Entergy Texas $10 $31 $22 $73 System Entergy $— $— $— $7

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2020
Disaggregation of Revenue [Table Text Block]	Entergy’s total revenues for the three months ended September 30, 2020 and 2019 were as follows: 2020 2019 (In Thousands) Utility: Residential $1,153,220 $1,154,455 Commercial 647,119 722,334 Industrial 589,648 686,122 Governmental 56,710 61,697 Total billed retail 2,446,697 2,624,608 Sales for resale (a) 145,187 63,082 Other electric revenues (b) 69,122 115,352 Revenues from contracts with customers 2,661,006 2,803,042 Other revenues (c) 5,799 9,892 Total electric revenues 2,666,805 2,812,934 Natural gas 22,357 27,269 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 195,184 282,420 Other revenues (c) 19,222 17,952 Total competitive businesses revenues 214,406 300,372 Total operating revenues $2,903,568 $3,140,575 Entergy’s total revenues for the nine months ended September 30, 2020 and 2019 are as follows: 2020 2019 (In Thousands) Utility: Residential $2,742,118 $2,727,367 Commercial 1,712,179 1,871,416 Industrial 1,723,367 1,928,857 Governmental 156,251 172,280 Total billed retail 6,333,915 6,699,920 Sales for resale (a) 251,674 222,834 Other electric revenues (b) 288,009 326,771 Revenues from contracts with customers 6,873,598 7,249,525 Other revenues (c) 34,401 30,158 Total electric revenues 6,907,999 7,279,683 Natural gas 88,829 112,916 Entergy Wholesale Commodities: Competitive businesses sales from contracts with customers (a) 586,906 923,288 Other revenues (c) 159,800 100,480 Total competitive businesses revenues 746,706 1,023,768 Total operating revenues $7,743,534 $8,416,367
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Arkansas [Member]
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Louisiana [Member]
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Mississippi [Member]
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy New Orleans [Member]
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein for discussion of the COVID-19 orders issued by retail regulators.
Entergy Texas [Member]
Allowance for Doubtful Accounts	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 its allowance for doubtful accounts, as shown below: Entergy Entergy Entergy Entergy Entergy Entergy (In Millions) Balance as of December 31, 2019 $7.4 $1.2 $1.9 $0.6 $3.2 $0.5 Provisions (a) 66.9 10.6 26.3 11.0 8.8 10.2 Write-offs (8.6) (1.8) (3.5) (1.2) (1.0) (1.1) Recoveries 7.7 2.2 2.5 1.0 1.0 1.0 Balance as of September 30, 2020 $73.4 $12.2 $27.2 $11.4 $12.0 $10.6 (a) Provisions include estimated incremental bad debt expenses resulting from the COVID-19 pandemic of $51 million for Entergy, $6.1 million for Entergy Arkansas, $20.9 million for Entergy Louisiana, $8.4 million for Entergy Mississippi, $7.7 million for Entergy New Orleans, and $7.9 million for Entergy Texas that have been deferred as regulatory assets. See Note 2 to the financial statements herein 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
	Apr. 30, 2020	Dec. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 67,252	$ 2,369
Entergy Louisiana [Member]
Loss Contingencies [Line Items]
Litigation proceeds for reimbursement of spent nuclear fuel storage costs	$ 33,000		5,090	0
Damages awarded for previously recorded operation and maintenance	8,000
Damages awarded for previously capitalized costs	5,000
Damages awarded for previously recorded nuclear fuel expense	$ 20,000
Entergy Arkansas [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 80,000
Litigation proceeds for reimbursement of spent nuclear fuel storage costs			$ 55,001	$ 0
Entergy FitzPatrick Properties (Formerly Entergy Nuclear FitzPatrick) [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount Awarded from Other Party		$ 7,000

Rate And Regulatory Matters (Na

Rate And Regulatory Matters (Narrative) (Details) - USD ($)	1 Months Ended															2 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended			12 Months Ended					15 Months Ended		36 Months Ended
	Oct. 31, 2020	Sep. 30, 2020	Aug. 31, 2020	Jul. 31, 2020	Jun. 30, 2020	May 31, 2020	Apr. 30, 2020	Mar. 31, 2020	Feb. 29, 2020	Jan. 31, 2020	Oct. 31, 2019	Aug. 31, 2019	May 31, 2019	Jan. 31, 2019	Jan. 31, 2018	Aug. 31, 2020	Oct. 31, 2020	Mar. 31, 2020	Aug. 31, 2020	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019	Jul. 27, 2019	Apr. 23, 2018	Mar. 31, 2019	Nov. 30, 2019
Regulatory Assets [Line Items]
Impairment of Long-Lived Assets Held-for-use																					$ 16,117,000	$ 225,175,000
Public Utilities, Requested Rate Increase (Decrease), Amount																											$ 7,300,000
Public Utilities Temporary Rate Increase Amount							$ 24,300,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		$ 3,477,386,000																			3,477,386,000						2,823,291,000
Hurricane Laura [Member]
Regulatory Assets [Line Items]
Regulatory Assets		205,000,000																			205,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		1,295,000,000																			1,295,000,000
Minimum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			$ 1,500,000,000
Maximum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			1,700,000,000
Entergy Louisiana [Member]
Regulatory Assets [Line Items]
Authorized return on common equity														2.69%
Public Utilities, Requested Return on Equity, Percentage						9.80%												9.66%
Rate Increase Included in Formula Rate Plan			2,800,000										$ 109,500,000	$ 2,800,000				$ 103,000,000
Bandwidth around midpoint of return on equity						6000.00%
public utilities proposed customer credits															$ 700,000
Proposed prospective reduction in the gas infrastructure rider															$ 200,000
Additional Requested Offset to Return of Unprotected Excess ADIT From Previously Deferred Operation and Maintenance Expenses					$ 800,000						$ 700,000
Regulatory asset related to costs associated with COVID-19 pandemic		27,400,000																			27,400,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		1,800,139,000																			1,800,139,000						$ 1,383,603,000
Entergy Louisiana [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Regulatory Assets		155,000,000																			155,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		1,095,000,000																			1,095,000,000
Entergy Louisiana [Member] | Minimum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			1,250,000,000
Entergy Louisiana [Member] | Maximum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			1,400,000,000
Entergy Louisiana [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Projected increase in revenue requirement																				$ 108,000,000
Entergy Mississippi [Member]
Regulatory Assets [Line Items]
Authorized return on common equity																											6.75%
Projected Over-Recovery Energy Cost Recovery Rider																															$ 39,600,000
Interim adjustment to energy cost recovery rider credit to customers						$ 50,000,000
Regulatory asset related to costs associated with COVID-19 pandemic		10,400,000																			10,400,000
Recovery of first-year revenue requirement for certain costs of Choctaw Generating Station										$ 59,000,000
Vegetation management cost rider							22,000,000
Cap on 2019 retail revenues																											2.00%
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		$ 169,686,000																			$ 169,686,000						$ 88,373,000
Entergy Mississippi [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage																									6.51%
Public Utilities, Requested Rate Increase (Decrease), Amount																									$ 24,600,000
Public Utilities, Requested Rate Increase (Decrease), Amended, Amount																									$ 23,800,000
Entergy New Orleans [Member]
Regulatory Assets [Line Items]
Authorized return on common equity																					9.35%
Public Utilities, Requested Rate Increase (Decrease), Amount									$ 45,000,000
FERC staff argued over-recovery in depreciation expense for capital additions																					$ 2,200,000
public utilities proposed customer credits				$ 100
Regulatory asset related to costs associated with COVID-19 pandemic					8,400,000
Opportunity Sales Refund to be Redirected to Cares Program					7,000,000
Non-Securitized Storm Reserves Reallocated to Cares Program					15,000,000
Percent Equity in Proposed Common Equity Ratio																					51.00%
Percent Debt in Proposed Common Equity Ratio																					49.00%
Public Utilities, Property, Plant and Equipment, Disclosure of Composite Depreciation Rate for Plants in Service																					2.00%
Proposed recovery of certain rate case expenses																					$ 1,400,000
Proposed public utilities, property, plant, and equipment, disclosure of composite depreciation rate for plants in service																					3.00%
Common Equity Tier One Capital Ratio		50.00%																			50.00%
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		$ 74,915,000																			$ 74,915,000						201,829,000
Credits to customer bills resulting from City Council Cares Program		1,900,000																			1,900,000
Entergy New Orleans [Member] | Electricity [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount									42,000,000
Rider reductions included in decreased rates									29,000,000
Entergy New Orleans [Member] | Natural Gas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount									$ 3,000,000
Entergy New Orleans [Member] | Maximum [Member]
Regulatory Assets [Line Items]
public utilities proposed customer credits				$ 400
Entergy Texas [Member]
Regulatory Assets [Line Items]
Jurisdictional eligible fuel and purchased power expenses, net of credits																														$ 1,600,000,000
Fuel and purchased power under-recovery balance including interest																											25,800,000
Replacement power costs associated with generation outages																														2,000,000
Costs associated with the operation of the Spindletop natural gas storage facility																														$ 24,400,000
Non-specific disallowance of fuel and purchased power expenses					1,200,000
Regulatory asset related to costs associated with COVID-19 pandemic		8,700,000																			8,700,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		1,003,217,000																			1,003,217,000						$ 760,354,000
Entergy Texas [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Regulatory Assets		40,000,000																			40,000,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		190,000,000																			190,000,000
Entergy Texas [Member] | Minimum [Member]
Regulatory Assets [Line Items]
Intervenor recommended disallowance of revenue requirement						$ 300,000
Entergy Texas [Member] | Minimum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			230,000,000
Entergy Texas [Member] | Maximum [Member]
Regulatory Assets [Line Items]
Intervenor recommended disallowance of revenue requirement					$ 4,100,000
Entergy Texas [Member] | Maximum [Member] | Hurricane Laura [Member]
Regulatory Assets [Line Items]
Loss from Catastrophes			$ 260,000,000
Entergy Texas [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
interim fuel refund																	$ 25,500,000
Entergy Arkansas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage				9.75%																							9.07%
Projected Revenue Deficiency																											$ 23,900,000
Energy Cost Recovery Rider Rate Per kWh																										$ 0.01462
Annual revenue constraint per rate class percentage				4.00%
Reduced proposed increase in revenue requirement to comply with annual revenue constraint				$ 72,600,000
Regulatory asset related to costs associated with COVID-19 pandemic		6,100,000																			6,100,000
Refund to customers, plus interest, associated with recalculated bandwidth remedy				13,700,000
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		337,458,000																			337,458,000						197,775,000
Entergy Arkansas [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage																							8.22%
Projected Revenue Deficiency																							$ 64,300,000
Rate Increase Included in Formula Rate Plan																							88,200,000
Energy Cost Recovery Rider Rate Per kWh																								$ 0.01052
Reduced proposed increase in revenue requirement to comply with annual revenue constraint	$ 74,300,000
Requested revenue increase resulting from settlement agreement	68,400,000
Reduced proposed revenue increase resulting from new methodology																							$ 900,000
System Energy [Member]
Regulatory Assets [Line Items]
LPSC requested authorized return on equity for System Energy in return on equity proceeding																												7.89%	8.44%
FERC requested authorized return on equity for System Energy in return on equity proceeding, rebuttal																												8.66%	9.22%
APSC/MPSC requested authorized return on equity for System Energy in return on equity proceeding																												8.01%	8.41%
Annual renewal lease payments on Grand Gulf Sale-Leaseback																					17,200,000
LPSC requested rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback											$ 512,000,000
FERC staff argued over-recovery in depreciation expense for capital additions												$ 32,000,000
Additional unprotected excess ADIT related to uncertain decommissioning tax deduction				147,000,000
Requested return on equity based on alternative methodology																													10.26%
Interest Portion of LPSC requested rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		185,000,000																			185,000,000
Remaining NBV of Leased Assets							70,000,000
Refund of Lease Payments							$ 17,200,000
Rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		422,000,000																			422,000,000
Interest Portion of rate reduction for ADIT associated with uncertain tax positions resulting from Grand Gulf sale-leaseback		106,000,000																			106,000,000
Refund related to depreciation expense adjustments		19,000,000																			19,000,000
First refund period requested authorized rate of return - LPSC					7.97%
First refund period requested authorized rate of return - MPSC and APSC					9.24%
First refund period requested authorized rate of return - FERC					9.49%
Second refund period requested authorized rate of return - LPSC					7.78%
Second refund period requested authorized rate of return - MPSC and APSC					9.15%
Second refund period requested authorized rate of return - FERC					9.09%
First refund period requested authorized rate of return					10.12%
Second refund period requested authorized rate of return					9.44%
Public Utilities, Property, Plant and Equipment, Construction Work in Progress		53,959,000																			$ 53,959,000						$ 164,996,000
Future nuclear decommissioning costs allowed by the IRS in cost of goods sold		$ 102,000,000
Percent of requested deduction allowed by IRS of uncertain decommissioning tax postion		10.00%																			10.00%
System Energy [Member] | Minimum [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage																												8.28%	8.57%
System Energy [Member] | Maximum [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Return on Equity, Percentage																												9.11%	9.52%
System Energy [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Proposed credit of excess accumulated deferred income taxes resulting from decommissioning uncertain tax position	17,800,000																$ 17,800,000
Grand Gulf [Member] | System Energy [Member]
Regulatory Assets [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage																					11.50%
Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount								$ 23,600,000
Revenue increase resulting from incremental revenue								$ 20,400,000											$ 6,800,000
Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount	26,300,000
Revenue increase resulting from incremental revenue	16,300,000
Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount												$ 19,400,000
Revenue increase resulting from incremental revenue																$ 31,600,000
Transmission Cost Recovery Factor Rider [Member] | Entergy Texas [Member] | Subsequent Event [Member]
Regulatory Assets [Line Items]
Public Utilities, Requested Rate Increase (Decrease), Amount	$ 51,000,000
FERC April 2020 Order [Member] | Entergy Louisiana [Member]
Regulatory Assets [Line Items]
Payments to utility operating companies pursuant to FERC order					$ 2,300,000
FERC April 2020 Order [Member] | Entergy Mississippi [Member]
Regulatory Assets [Line Items]
Payments to utility operating companies pursuant to FERC order					200,000
FERC April 2020 Order [Member] | Entergy Texas [Member]
Regulatory Assets [Line Items]
Payments to utility operating companies pursuant to FERC order					$ 400,000
FERC April 2020 Order [Member] | Entergy Arkansas [Member]
Regulatory Assets [Line Items]
Payments to utility operating companies pursuant to FERC order				$ 1,500,000

Rate And Regulatory Matters R_2

Rate And Regulatory Matters Rate and Regulatory Matters (Payments/Receipts Among The Utility Operating Companies) (Details) - FERC April 2020 Order [Member] - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2020	Jun. 30, 2020
Entergy Arkansas [Member]
Receipts from utility operating companies pursuant to FERC order		$ (2.8)
Payments to utility operating companies pursuant to FERC order	$ 1.5
Entergy Louisiana [Member]
Payments to utility operating companies pursuant to FERC order		2.3
Entergy Mississippi [Member]
Payments to utility operating companies pursuant to FERC order		0.2
Entergy New Orleans [Member]
Receipts from utility operating companies pursuant to FERC order		(0.1)
Entergy Texas [Member]
Payments to utility operating companies pursuant to FERC order		$ 0.4

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Oct. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jan. 01, 2019
Equity [Abstract]
Stock Options Excluded From Diluted Common Shares Outstanding Calculation		500,000		500,000	200,000
Proceeds from Issuance of Common Stock				$ 0	$ 607,650
Shares, Issued		1,082,834		1,082,834
Common stock dividend (in dollars per share)		$ 0.93	$ 0.91	$ 2.79	$ 2.73
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax						$ 6,806
Subsequent Event [Member]
Equity [Abstract]
Common stock dividend (in dollars per share)	$ 0.95

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]
Stock options, Shares	400,000	700,000	400,000	500,000
Stock options $/share	$ 0	$ (0.01)	$ (0.01)	$ (0.01)
Restricted stock, Shares	500,000	900,000	500,000	700,000
Restricted stock $/share	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements			0	600,000
Average Dilutive Effect Of Equity Forwards			$ 0	$ (0.01)
Basic earnings per share
Net Income (Loss) Available to Common Stockholders, Basic	$ 521,119	$ 365,240	$ 1,000,366	$ 856,201
Net Income (Loss) Available to Common Stockholders, Diluted	$ 521,100	$ 365,200	$ 1,000,400	$ 856,200
Net Income Attributable to Entergy Corporation, Shares	200,220,018	198,932,387	200,063,256	193,876,557
Net Income Attributable to Entergy Corporation, $/share	$ 2.60	$ 1.84	$ 5	$ 4.42
Diluted earnings per share, Shares	201,115,768	200,492,935	200,957,465	195,685,851
Diluted earnings per share $/share	$ 2.59	$ 1.82	$ 4.98	$ 4.38

Equity (Accumulated Other Compr

Equity (Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (390,420)	$ (388,604)		$ (419,772)	$ (430,404)		$ (390,420)	$ (419,772)	$ (446,920)		$ (557,173)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax										$ (6,806)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(4,783)			3,160			117,044	160,205
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	2,967			7,472			(60,544)	(15,998)
Other comprehensive income (loss)	(1,816)	10,383	$ 47,933	10,632	120,748	$ 12,827	56,500	144,207
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	57,560	60,255		32,007	26,736		57,560	32,007	25,946		(2,116)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax										879
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	181			8,350			40,439	37,724
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(2,876)			(3,079)			(8,825)	(4,480)
Other comprehensive income (loss)	(2,695)			5,271			31,614	33,244
Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	(1,816)	10,383	47,933	10,632	120,748	12,827
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(468,512)	(485,949)		(483,412)	(508,876)		(468,512)	(483,412)	(557,072)		(531,922)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax										0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0			0			34,349	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	17,437			25,464			54,211	48,510
Other comprehensive income (loss)	17,437			25,464			88,560	48,510
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	20,532	37,090		31,633	51,736		20,532	31,633	84,206		(23,135)
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax										(7,685)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(4,964)			(5,190)			42,256	122,481
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(11,594)			(14,913)			(105,930)	(60,028)
Other comprehensive income (loss)	(16,558)			(20,103)			(63,674)	62,453
Entergy Louisiana [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	12,284						12,284		4,562
Other comprehensive income (loss)	(800)	(945)	9,467	(969)	(969)	(969)	7,722	(2,907)
Entergy Louisiana [Member] | Accumulated Other Comprehensive Income [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)	(800)	(945)	$ 9,467	(969)	(969)	$ (969)
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	12,284	$ 13,084		(9,060)	$ (8,091)		12,284	(9,060)	$ 4,562		$ (6,153)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax							10,050	0
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	(800)			(969)			(2,328)	(2,907)
Other comprehensive income (loss)	$ (800)			$ (969)			$ 7,722	$ (2,907)
Restatement Adjustment [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss										(563,979)
Restatement Adjustment [Member] | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss										(1,237)
Restatement Adjustment [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss										(531,922)
Restatement Adjustment [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss										$ (30,820)

Equity (Reclassification out of

Equity (Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,903,568			$ 3,140,575			$ 7,743,534	$ 8,416,367
Other Nonoperating Income (Expense)	(58,914)			(50,086)			(129,145)	(160,614)
Income taxes (benefits)	(149,444)			(29,201)			(167,366)	(73,430)
Consolidated net income	525,699	$ 365,113	$ 123,294	369,459	$ 240,533	$ 258,646	1,014,105	868,639
Competitive Businesses [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	214,406			300,372			746,706	1,023,768
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Consolidated net income	(2,967)			(7,472)			60,544	15,998
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	14,676			18,877			134,088	75,984
Income taxes (benefits)	(3,082)			(3,964)			(28,158)	(15,956)
Consolidated net income	11,594			14,913			105,930	60,028
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	14,724			18,925			134,233	76,129
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]
Realized gain (loss)	4,550			4,872			13,963	7,088
Income taxes (benefits)	(1,674)			(1,793)			(5,138)	(2,608)
Consolidated net income	2,876			3,079			8,825	4,480
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization of prior-service credit	5,682			5,325			15,083	15,977
Amortization of loss	(27,620)			(20,919)			(82,561)	(58,888)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	(196)			(16,630)			(196)	(18,685)
INCOME (LOSS) BEFORE INCOME TAXES	(22,134)			(32,224)			(67,674)	(61,596)
Income taxes (benefits)	4,697			6,760			13,463	13,086
Consolidated net income	(17,437)			(25,464)			(54,211)	(48,510)
Entergy Louisiana [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,120,022			1,231,677			3,062,321	3,297,324
Other Nonoperating Income (Expense)	(40,025)			(15,067)			(57,235)	(79,717)
Income taxes (benefits)	(49,287)			(54,964)			(35,014)	(109,900)
Consolidated net income	223,466	$ 170,459	$ 189,396	255,260	$ 183,084	$ 127,633	583,321	565,977
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	1,695			1,837			4,479	5,511
Amortization of loss	(417)			(526)			(1,137)	(1,578)
Defined Benefit Plan, Accumulated Benefit Obligation, (Increase) Decrease for Settlement and Curtailment	(196)			0			(196)	0
INCOME (LOSS) BEFORE INCOME TAXES	1,082			1,311			3,146	3,933
Income taxes (benefits)	(282)			(342)			(818)	(1,026)
Consolidated net income	$ 800			$ 969			$ 2,328	$ 2,907

Revolving Credit Facilities, _3

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) $ in Thousands	1 Months Ended		3 Months Ended			6 Months Ended	9 Months Ended
	Oct. 31, 2020USD ($)	May 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Sep. 30, 2020USD ($)	Aug. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Debt Instrument [Line Items]
Amount of Facility			$ 3,500,000				$ 3,500,000
Amount Drawn/ Outstanding			$ 150,000				$ 150,000
Commercial Paper Program [Member]
Debt Instrument [Line Items]
Debt, weighted average interest rate			1.66%				1.66%
Commercial Paper program limit			$ 2,000,000				$ 2,000,000
Commercial Paper Amount Outstanding			1,398,000				1,398,000
Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility			3,500,000				3,500,000
Amount of total borrowing capacity against which fronting commitments exist			20,000				$ 20,000
Line of credit facility, commitment fee percentage							0.225%
Line of Credit Facility, Interest Rate During Period							2.50%
2.80% Series senior notes due June 2030 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		2.80%
Amount		$ 600,000
3.75% Series senior notes due June 2050 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		3.75%
Amount		$ 600,000
5.125% Series senior notes due September 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		5.125%
Repayments of Notes Payable				$ 450,000
0.90% Series senior notes due September 2025 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage								0.90%
Amount								$ 800,000
Entergy Arkansas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			250,000				$ 250,000
Amount of total borrowing capacity against which fronting commitments exist			5,000				5,000
Letters of Credit Outstanding, Amount			$ 1,900				$ 1,900
Entergy Arkansas [Member] | 4.00% Series mortgage bonds due 2028 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					4.00%
Proceeds from Issuance of Debt					$ 100,000
Entergy Arkansas [Member] | 2.65% Series mortgage bonds due June 2051 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			2.65%				2.65%
Proceeds from Issuance of Debt			$ 675,000
Entergy Arkansas [Member] | 3.75% Series mortgage bonds due February 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			3.75%				3.75%
Repayments of Debt			$ 350,000
Entergy Arkansas [Member] | 4.90% Series mortgage bonds due December 2052 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			4.90%				4.90%
Repayments of Debt			$ 200,000
Entergy Arkansas [Member] | 4.75% Series mortgage bonds due June 2063 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			4.75%				4.75%
Repayments of Debt			$ 125,000
Entergy Louisiana [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			450,000				$ 450,000
Amount of total borrowing capacity against which fronting commitments exist			15,000				15,000
Letters of Credit Outstanding, Amount			2,200				2,200
Entergy Louisiana [Member] | Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility				350,000		$ 350,000
Repayments of Debt						100,000
Entergy Louisiana [Member] | 2.90% Series mortgage bonds due March 2015 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					2.90%
Proceeds from Issuance of Debt					$ 350,000
Entergy Louisiana [Member] | 4.20% Series mortgage bonds due September 2048 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					4.20%
Proceeds from Issuance of Debt					$ 300,000
Entergy Louisiana [Member] | 3.95% Series mortgage bonds due October 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					3.95%
Repayments of Debt					$ 250,000
Entergy Mississippi [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			175,000				175,000
Letters of Credit Outstanding, Amount			700				700		$ 200
Entergy Mississippi [Member] | 3.50% Series mortgage bonds due June 2051 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		3.50%
Proceeds from Issuance of Debt		$ 170,000
Entergy Texas [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			200,000				200,000
Amount of total borrowing capacity against which fronting commitments exist			30,000				30,000
Entergy Texas [Member] | Credit Facility [Member]
Debt Instrument [Line Items]
Amount of Facility				150,000		$ 150,000
Repayments of Debt				$ 100,000
Entergy Texas [Member] | 3.55% Series mortgage bonds due September 2049 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					3.55%
Proceeds from Issuance of Debt					$ 175,000
System Energy [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			200,000				200,000
Entergy New Orleans [Member]
Debt Instrument [Line Items]
Authorized Short Term Borrowings			150,000				150,000
Amount of total borrowing capacity against which fronting commitments exist			10,000				10,000
Letters of Credit Outstanding, Amount			200				200
Entergy New Orleans [Member] | 3.75% Series mortgage bonds due March 2040 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					3.75%
Proceeds from Issuance of Debt					$ 62,000
Entergy New Orleans [Member] | 3.00% Series mortgage bonds due March 2025 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage					3.00%
Proceeds from Issuance of Debt					$ 78,000
System Energy VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding			$ 75,700				$ 75,700
Line of Credit Facility, Interest Rate During Period							1.63%
Line of credit facility commitment fee as a percentage of undrawn commitment amount							0.125%
Line of Credit Facility, Expiration Date							Sep. 16, 2022
System Energy VIE [Member] | Three Point Four Two Percent Series J Notes Due April Two Thousand Twenty One [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			3.42%				3.42%
Amount			$ 100,000				$ 100,000
Repayments of Notes Payable			100,000
Entergy Arkansas VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding			$ 9,100				$ 9,100
Line of Credit Facility, Interest Rate During Period							1.97%
Line of credit facility commitment fee as a percentage of undrawn commitment amount							0.125%
Line of Credit Facility, Expiration Date							Sep. 16, 2022
Entergy Arkansas VIE [Member] | Three Point Six Five Percent Series L Notes Due July Two Thousand Twenty One [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			3.65%				3.65%
Amount			$ 90,000				$ 90,000
Entergy Louisiana Waterford VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding			$ 51,400				$ 51,400
Line of Credit Facility, Interest Rate During Period							1.94%
Line of credit facility commitment fee as a percentage of undrawn commitment amount							0.125%
Line of Credit Facility, Expiration Date							Sep. 16, 2022
Entergy Louisiana Waterford VIE [Member] | Three Point Nine Two Percent Series H Dues February Two Thousand Twenty One [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage			3.92%				3.92%
Amount			$ 40,000				$ 40,000
Entergy Louisiana River Bend VIE [Member]
Debt Instrument [Line Items]
Amount Drawn/ Outstanding			$ 30,900				$ 30,900
Line of Credit Facility, Interest Rate During Period							2.07%
Line of credit facility commitment fee as a percentage of undrawn commitment amount							0.125%
Line of Credit Facility, Expiration Date							Sep. 16, 2022
Maximum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage							0.225%
Consolidated debt ratio			0.65				0.65
Maximum [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Consolidated debt ratio of total capitalization							70.00%
Maximum [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Consolidated debt ratio of total capitalization							70.00%
Maximum [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Maximum [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Maximum [Member] | System Energy [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Consolidated debt ratio of total capitalization							70.00%
Maximum [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Consolidated debt ratio			0.65				0.65
Minimum [Member]
Debt Instrument [Line Items]
Line of credit facility, commitment fee percentage							0.075%
Credit Facility Of Twenty Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Expiration Date							Apr. 15, 2021
Credit Facility Of Three Hundred Fifty Million [Member] | Entergy Louisiana [Member]
Debt Instrument [Line Items]
Amount of Facility			$ 350,000				$ 350,000
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.27%
Line of Credit Facility, Expiration Date							Sep. 14, 2024
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility			150,000				$ 150,000
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.27%
Line of Credit Facility, Expiration Date							Sep. 14, 2024
Credit Facility Of One Hundred And Fifty Million [Member] | Entergy Texas [Member]
Debt Instrument [Line Items]
Amount of Facility			150,000				$ 150,000
Letters of Credit Outstanding, Amount			1,300				1,300
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.65%
Line of Credit Facility, Expiration Date							Sep. 14, 2024
Credit Facility Of Thirty Seven Point Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility			37,500				$ 37,500
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.65%
Line of Credit Facility, Expiration Date							Apr. 30, 2021
Credit Facility Of Thirty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility			35,000				$ 35,000
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.65%
Line of Credit Facility, Expiration Date							Apr. 30, 2021
Credit Facility Of Ten Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Amount of Facility			10,000				$ 10,000
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.65%
Line of Credit Facility, Expiration Date							Apr. 30, 2021
Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]
Debt Instrument [Line Items]
Amount of Facility			25,000				$ 25,000
Letters of Credit Outstanding, Amount			0				0
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.27%
Credit Facility Of Twenty Five Million [Member] | Entergy New Orleans [Member]
Debt Instrument [Line Items]
Amount of Facility			25,000				$ 25,000
Letters of Credit Outstanding, Amount			800				800
Amount Drawn/ Outstanding			0				$ 0
Line of Credit Facility, Interest Rate During Period							1.42%
Line of Credit Facility, Expiration Date							Nov. 20, 2021
Subsequent Event [Member] | Entergy Texas [Member] | 1.75% Series mortgage bonds due March 2031 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	1.75%
Amount	$ 600,000
Subsequent Event [Member] | Entergy Texas [Member] | 2.55% Series mortgage bonds due June 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	2.55%
Repayments of Debt	$ 125,000
Subsequent Event [Member] | Entergy Texas [Member] | 5.625% Series mortgage bonds due June 2064 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	5.625%
Repayments of Debt	$ 135,000
Subsequent Event [Member] | System Energy VIE [Member] | 2.05% Series K Intermediate term secured notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	2.05%
Amount	$ 90,000
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount			1,000				$ 1,000
Uncommitted Credit Facility			65,000				65,000
Non-MISO letter of credit outstanding			$ 1,000				$ 1,000

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, 2020USD ($)
Summary of the borrowings outstanding and capacity available under the facility
Capacity	$ 3,500
Amount Drawn/ Outstanding	150
Letters of Credit	6
Capacity Available	$ 3,344

Revolving Credit Facilities, _5

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Credit Facilities) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Amount of Facility	$ 3,500,000
Amount Drawn/ Outstanding	150,000
Entergy Arkansas [Member]
Amount of total borrowing capacity against which fronting commitments exist	5,000
Letters of Credit Outstanding, Amount	1,900
Entergy Arkansas [Member] | Credit Facility Of Twenty Five Million [Member]
Amount of Facility	$ 25,000
Interest Rate	1.27%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Arkansas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	1.27%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Arkansas [Member] | Credit Facility Of Twenty Million [Member]
Expiration Date	Apr. 15, 2021
Entergy Louisiana [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 15,000
Letters of Credit Outstanding, Amount	$ 2,200
Entergy Louisiana [Member] | Credit Facility Of Three Hundred Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 350,000
Interest Rate	1.27%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	$ 700	$ 200
Entergy Mississippi [Member] | Credit Facility Of Thirty Seven Point Five Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 37,500
Interest Rate	1.65%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Mississippi [Member] | Credit Facility Of Thirty Five Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 35,000
Interest Rate	1.65%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 0
Entergy Mississippi [Member] | Credit Facility Of Ten Million [Member]
Expiration Date	Apr. 30, 2021
Amount of Facility	$ 10,000
Interest Rate	1.65%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	0
Entergy New Orleans [Member]
Amount of total borrowing capacity against which fronting commitments exist	10,000
Letters of Credit Outstanding, Amount	$ 200
Entergy New Orleans [Member] | Credit Facility Of Twenty Five Million [Member]
Expiration Date	Nov. 20, 2021
Amount of Facility	$ 25,000
Interest Rate	1.42%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	800
Entergy Texas [Member]
Amount of total borrowing capacity against which fronting commitments exist	$ 30,000
Entergy Texas [Member] | Credit Facility Of One Hundred And Fifty Million [Member]
Expiration Date	Sep. 14, 2024
Amount of Facility	$ 150,000
Interest Rate	1.65%
Amount Drawn/ Outstanding	$ 0
Letters of Credit Outstanding, Amount	$ 1,300

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, 2020USD ($)
Entergy Arkansas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	$ 250
Borrowings	0
Entergy Louisiana [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	450
Borrowings	0
Entergy Mississippi [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	175
Borrowings	0
Entergy New Orleans [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	150
Borrowings	5
Entergy Texas [Member]
Short-term borrowings and the outstanding short-term borrowings
Authorized	200
Borrowings	54
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, 2020USD ($)
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
Expiration Date	Sep. 16, 2022
Amount of Facility	$ 80
Line of Credit Facility, Interest Rate During Period	1.97%
Amount Drawn/ Outstanding	$ 9.1
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.125%
System Energy VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2022
Amount of Facility	$ 120
Line of Credit Facility, Interest Rate During Period	1.63%
Amount Drawn/ Outstanding	$ 75.7
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.125%
Entergy Louisiana River Bend VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2022
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	2.07%
Amount Drawn/ Outstanding	$ 30.9
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.125%
Entergy Louisiana Waterford VIE [Member]
Issuance of commercial paper to finance the acquisition and ownership of nuclear fuel
Expiration Date	Sep. 16, 2022
Amount of Facility	$ 105
Line of Credit Facility, Interest Rate During Period	1.94%
Amount Drawn/ Outstanding	$ 51.4
Line of credit facility commitment fee as a percentage of undrawn commitment amount	0.125%

Revolving Credit Facilities, _8

Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Notes Payable By Variable Interest Entities) (Details) - USD ($) $ in Millions	Oct. 31, 2020	Sep. 30, 2020
Three Point Four Two Percent Series J Notes Due April Two Thousand Twenty One [Member] | System Energy VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)		3.42%
Amount		$ 100
Three Point Six Five Percent Series L Notes Due July Two Thousand Twenty One [Member] | Entergy Arkansas VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)		3.65%
Amount		$ 90
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 Nine Two Percent Series H Dues February Two Thousand Twenty One [Member] | Entergy Louisiana Waterford VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)		3.92%
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
Subsequent Event [Member] | 2.05% Series K Intermediate term secured notes [Member] | System Energy VIE [Member]
Notes payable by variable interest entities
Stated interest rate (percentage)	2.05%
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, 2020	Dec. 31, 2019
Long-term Debt, Fair Value	$ 22,925,661	$ 19,059,950
Long-term Debt, Book Value	20,662,679	17,873,655
Entergy Arkansas [Member]
Long-term Debt, Fair Value	4,648,483	3,747,914
Long-term Debt, Book Value	4,280,229	3,517,208
Entergy Louisiana [Member]
Long-term Debt, Fair Value	8,756,480	7,961,168
Long-term Debt, Book Value	7,651,976	7,303,669
Entergy Mississippi [Member]
Long-term Debt, Fair Value	1,997,431	1,709,505
Long-term Debt, Book Value	1,780,310	1,614,129
Entergy New Orleans [Member]
Long-term Debt, Fair Value	663,388	523,846
Long-term Debt, Book Value	674,832	560,906
Entergy Texas [Member]
Long-term Debt, Fair Value	2,318,713	2,090,215
Long-term Debt, Book Value	2,047,749	1,922,956
System Energy [Member]
Long-term Debt, Fair Value	615,602	565,209
Long-term Debt, Book Value	$ 592,611	$ 548,107

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 ($)	Sep. 30, 2020	Dec. 31, 2019
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount	$ 1,900,000
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount	700,000	$ 200,000
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount	2,200,000
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount	200,000
Credit Facility Of Twenty Five Million [Member] | Entergy Arkansas [Member]
Uncommitted Credit Facility	$ 25,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 3,000,000
Credit Facility of Fifty Million [Member] | Entergy Texas [Member]
Uncommitted Credit Facility	$ 50,000,000
Letter of Credit Fee, Percentage	0.70%
Letters of Credit Outstanding, Amount	$ 27,200,000
Credit Facility of Fifteen Million [Member] | Entergy New Orleans [Member]
Uncommitted Credit Facility	$ 15,000,000
Letter of Credit Fee, Percentage	1.00%
Letters of Credit Outstanding, Amount	$ 1,000,000
Credit Facility Of One Hundred Twenty Five Million [Member] | Entergy Louisiana [Member]
Uncommitted Credit Facility	$ 125,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 21,200,000
Credit Facility of Sixty Five Million [Member] | Entergy Mississippi [Member]
Uncommitted Credit Facility	$ 65,000,000
Letter of Credit Fee, Percentage	0.78%
Letters of Credit Outstanding, Amount	$ 1,000,000

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Jan. 30, 2020	Jan. 31, 2020	Mar. 31, 2020	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of awards under Entergy's plans, years				3 years
Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option granted (in shares)			530,716
Weighted-average grant-date fair value of options granted (in dollars per share)			$ 11.45
Stock options outstanding				2,424,013
Weighted-average exercise price of stock options outstanding (in dollars per share)				$ 89.66
Intrinsic value in the money stock options				$ 38.7
Restricted Awards [Member] | Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards granted		313,805
Restricted stock awards granted value (in dollars per share)		$ 131.72
Long Term Incentive Plan [Member] | Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Long-term incentive plan awards		134,853
Percent of performance measure based on relative total shareholder return	80.00%			80.00%
Percent of performance measure based on cumulative adjusted EPS metric	20.00%			20.00%
Long Term Incentive Plan [Member] | Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [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)	$ 169.74
Long Term Incentive Plan [Member] | Equity Ownership And Long Term Cash Incentive Plan Two Thousand Fifteen [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)	$ 131.72

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 1	$ 0.9	$ 3	$ 2.9
Tax benefit recognized in Entergy's net income	0.3	0.2	0.8	0.7
Compensation cost capitalized as part of fixed assets and inventory	$ 0.4	$ 0.4	$ 1.2	$ 1

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Employee service share-based compensation, aggregate disclosures
Compensation expense included in Entergy's net income	$ 8.9	$ 8.4	$ 27.9	$ 25.6
Tax benefit recognized in Entergy's net income	2.2	2.1	7.1	6.5
Compensation cost capitalized as part of fixed assets and inventory	$ 3.6	$ 3	$ 10.8	$ 8.8

Retirement And Other Postreti_3

Retirement And Other Postretirement Benefits (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 416,300		$ 416,300
Defined Benefit Plan, Plan Assets, Contributions by Employer				189,500
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		73,905		73,905
Defined Benefit Plan, Plan Assets, Contributions by Employer				43,032
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		74,572		74,572
Defined Benefit Plan, Plan Assets, Contributions by Employer				30,988
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		15,664		15,664
Defined Benefit Plan, Plan Assets, Contributions by Employer				8,691
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		6,301		6,301
Defined Benefit Plan, Plan Assets, Contributions by Employer				2,353
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		6,901		6,901
Defined Benefit Plan, Plan Assets, Contributions by Employer				2,517
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		20,406		20,406
Defined Benefit Plan, Plan Assets, Contributions by Employer				10,635
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	$ 30,873
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	43,584
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	6,973
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	3,948
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	4,384
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	$ 9,771
Non Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		4,500	$ 4,600	13,600	$ 16,300
Defined Benefit Plan, Benefit Obligation, Payment for Settlement			955		4,600
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		83	67	249	211
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		37	38	111	122
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		90	69	270	257
Defined Benefit Plan, Plan Assets, Payment for Settlement					40
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		7	5	21	16
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Net other postretirement benefit cost		$ 118	$ 119	354	$ 365
Qualified Pension Plans [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				32,400
Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				19,700
Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				6,500
Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				2,300
Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Benefit Obligation, Payment for Settlement				$ 3,900

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 40,366	$ 33,553	$ 121,124	$ 100,766
Interest cost on projected benefit obligation	59,930	73,261	181,528	221,114
Expected return on assets	(103,534)	(103,751)	(310,664)	(311,494)
Amortization of loss	87,516	60,395	262,034	177,233
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	32,429	16,291	32,429	17,591
Net other postretirement benefit cost	116,707	79,749	286,451	205,210
Pension Plans Defined Benefit [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,580	5,260	19,712	15,782
Interest cost on projected benefit obligation	11,054	14,175	33,920	42,525
Expected return on assets	(19,531)	(20,177)	(58,775)	(60,529)
Amortization of loss	17,092	11,840	50,886	35,522
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	19,708		19,708
Net other postretirement benefit cost	34,903	11,098	65,451	33,300
Pension Plans Defined Benefit [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	8,788	7,284	26,376	21,852
Interest cost on projected benefit obligation	12,614	15,882	38,296	47,646
Expected return on assets	(22,415)	(22,651)	(67,219)	(67,955)
Amortization of loss	16,663	11,643	49,917	34,929
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	6,527		6,527
Net other postretirement benefit cost	22,177	12,158	53,897	36,472
Pension Plans Defined Benefit [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	2,015	1,629	6,061	4,887
Interest cost on projected benefit obligation	3,234	4,068	9,914	12,204
Expected return on assets	(5,783)	(5,969)	(17,297)	(17,905)
Amortization of loss	4,747	3,104	14,243	9,313
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	2,299		2,299
Net other postretirement benefit cost	6,512	2,832	15,220	8,499
Pension Plans Defined Benefit [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	663	568	1,989	1,706
Interest cost on projected benefit obligation	1,457	1,873	4,369	5,621
Expected return on assets	(2,627)	(2,696)	(7,881)	(8,089)
Amortization of loss	2,005	1,529	6,015	4,588
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0		0
Net other postretirement benefit cost	1,498	1,274	4,492	3,826
Pension Plans Defined Benefit [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,529	1,350	4,621	4,050
Interest cost on projected benefit obligation	2,686	3,613	8,250	10,837
Expected return on assets	(5,483)	(5,862)	(16,455)	(17,586)
Amortization of loss	3,295	2,334	9,825	7,002
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	3,895		3,895
Net other postretirement benefit cost	5,922	1,435	10,136	4,303
Pension Plans Defined Benefit [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,970	1,549	5,900	4,649
Interest cost on projected benefit obligation	2,753	3,364	8,381	10,091
Expected return on assets	(4,687)	(4,678)	(14,013)	(14,032)
Amortization of loss	4,277	2,850	12,835	8,550
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment	0		0
Net other postretirement benefit cost	4,313	3,085	13,103	9,258
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	6,231	4,675	18,263	14,025
Interest cost on projected benefit obligation	6,888	11,975	21,708	35,925
Expected return on assets	(10,182)	(9,562)	(30,692)	(28,686)
Amortization of prior service cost (credit)	(8,985)	(8,844)	(23,892)	(26,532)
Amortization of loss	1,005	358	2,478	1,074
Net other postretirement benefit cost	(5,043)	(1,398)	(12,135)	(4,194)
Other Postretirement [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	933	591	2,694	1,773
Interest cost on projected benefit obligation	1,164	1,807	3,545	5,421
Expected return on assets	(4,260)	(3,991)	(12,846)	(11,973)
Amortization of prior service cost (credit)	(396)	(1,238)	(1,453)	(3,714)
Amortization of loss	162	144	379	432
Net other postretirement benefit cost	(2,397)	(2,687)	(7,681)	(8,061)
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	1,524	1,160	4,471	3,480
Interest cost on projected benefit obligation	1,497	2,666	4,717	7,998
Expected return on assets	0	0	0	0
Amortization of prior service cost (credit)	(1,695)	(1,837)	(4,479)	(5,511)
Amortization of loss	(81)	(174)	(361)	(522)
Net other postretirement benefit cost	1,245	1,815	4,348	5,445
Other Postretirement [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	372	262	1,095	786
Interest cost on projected benefit obligation	372	670	1,166	2,010
Expected return on assets	(1,287)	(1,199)	(3,881)	(3,597)
Amortization of prior service cost (credit)	(444)	(439)	(1,209)	(1,317)
Amortization of loss	48	181	125	543
Net other postretirement benefit cost	(939)	(525)	(2,704)	(1,575)
Other Postretirement [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	114	92	333	276
Interest cost on projected benefit obligation	186	395	599	1,185
Expected return on assets	(1,344)	(1,237)	(4,043)	(3,711)
Amortization of prior service cost (credit)	(228)	(171)	(532)	(513)
Amortization of loss	9	58	(20)	174
Net other postretirement benefit cost	(1,263)	(863)	(3,663)	(2,589)
Other Postretirement [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	306	236	915	708
Interest cost on projected benefit obligation	477	854	1,536	2,562
Expected return on assets	(2,403)	(2,276)	(7,241)	(6,828)
Amortization of prior service cost (credit)	(939)	(561)	(2,428)	(1,683)
Amortization of loss	231	121	674	363
Net other postretirement benefit cost	(2,328)	(1,626)	(6,544)	(4,878)
Other Postretirement [Member] | System Energy [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	321	243	936	729
Interest cost on projected benefit obligation	276	476	859	1,428
Expected return on assets	(735)	(697)	(2,218)	(2,091)
Amortization of prior service cost (credit)	(282)	(363)	(783)	(1,089)
Amortization of loss	33	89	86	267
Net other postretirement benefit cost	(387)	(252)	(1,120)	(756)
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment		(955)		(4,600)
Net other postretirement benefit cost	4,500	4,600	13,600	16,300
Non Qualified Pension Plans [Member] | Entergy Arkansas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	83	67	249	211
Non Qualified Pension Plans [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	37	38	111	122
Non Qualified Pension Plans [Member] | Entergy Mississippi [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	90	69	270	257
Non Qualified Pension Plans [Member] | Entergy New Orleans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	7	5	21	16
Non Qualified Pension Plans [Member] | Entergy Texas [Member]
Defined Benefit Plan Disclosure [Line Items]
Net other postretirement benefit cost	$ 118	$ 119	$ 354	$ 365

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, 2020	Sep. 30, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		$ 416,300
Defined Benefit Plan, Plan Assets, Contributions by Employer		189,500
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		74,572
Defined Benefit Plan, Plan Assets, Contributions by Employer		30,988
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	$ 43,584
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		15,664
Defined Benefit Plan, Plan Assets, Contributions by Employer		8,691
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	6,973
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		6,301
Defined Benefit Plan, Plan Assets, Contributions by Employer		2,353
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	3,948
Entergy Texas [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year		6,901
Defined Benefit Plan, Plan Assets, Contributions by Employer		2,517
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	4,384
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		20,406
Defined Benefit Plan, Plan Assets, Contributions by Employer		10,635
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	9,771
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		73,905
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 43,032
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	$ 30,873

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	$ 5,682	$ 5,325	$ 15,083	$ 15,977
Amortization of loss	(27,620)	(20,919)	(82,561)	(58,888)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(196)	(16,630)	(196)	(18,685)
Total	(22,134)	(32,224)	(67,674)	(61,596)
Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,695	1,837	4,479	5,511
Amortization of loss	(417)	(526)	(1,137)	(1,578)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(196)		(196)
Total	1,082	1,311	3,146	3,933
Pension Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Amortization of loss	(26,462)	(20,686)	(79,387)	(58,156)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(196)	(16,257)	(196)	(17,557)
Total	(26,658)	(36,943)	(79,583)	(75,713)
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	(497)	(699)	(1,495)	(2,096)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	(196)		(196)
Total	(693)	(699)	(1,691)	(2,096)
Other Postretirement [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	5,739	5,375	15,255	16,125
Amortization of loss	(327)	308	(680)	923
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0	0	0	0
Total	5,412	5,683	14,575	17,048
Other Postretirement [Member] | Entergy Louisiana [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	1,695	1,837	4,479	5,511
Amortization of loss	81	174	361	522
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0		0
Total	1,776	2,011	4,840	6,033
Non Qualified Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	(57)	(50)	(172)	(148)
Amortization of loss	(831)	(541)	(2,494)	(1,655)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0	(373)	0	(1,128)
Total	(888)	(964)	(2,666)	(2,931)
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)
Recognized Net Gain (Loss) Due To Settlements, Pre Tax	0		0
Total	$ (1)	$ (1)	$ (3)	$ (4)

Business Segment Information Bu

Business Segment Information Business Segment Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended		24 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2022
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Asset Write-Offs, Impairments, And Related Charges		$ 4	$ 8	$ 16	$ 98
Restructuring Charges		19	14	57	70
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges				57
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Subsequent Event [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 70					$ 55
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member] | Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges		$ 19	$ 14	$ 57	$ 70

Business Segment Information (S

Business Segment Information (Segment Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,903,568			$ 3,140,575			$ 7,743,534	$ 8,416,367
Segment Financial Information
Income taxes (benefits)	149,444			29,201			167,366	73,430
Consolidated net income	525,699	$ 365,113	$ 123,294	369,459	$ 240,533	$ 258,646	1,014,105	868,639
Assets	56,070,251						56,070,251		$ 51,723,912
Utility [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,689,186			2,840,222			6,996,876	7,392,641
Segment Financial Information
Income taxes (benefits)	143,622			71,698			164,383	81,283
Consolidated net income	555,583			581,964			1,228,333	1,150,863
Assets	53,825,473						53,825,473		49,557,664
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	214,371			300,363			746,629	1,023,757
Segment Financial Information
Income taxes (benefits)	12,321			(30,855)			6,249	25,763
Consolidated net income	30,773			(140,501)			5,523	(68,804)
Assets	3,743,167						3,743,167		4,154,961
All Other [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	25			9			54	11
Segment Financial Information
Income taxes (benefits)	(6,499)			(11,642)			(3,266)	(33,616)
Consolidated net income	(28,758)			(40,105)			(124,056)	(117,725)
Assets	519,264						519,264		514,020
Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	(14)			(19)			(25)	(42)
Segment Financial Information
Income taxes (benefits)	0			0			0	0
Consolidated net income	(31,899)			$ (31,899)			(95,695)	$ (95,695)
Assets	$ (2,017,653)						$ (2,017,653)		$ (2,502,733)

Business Segment Information _2

Business Segment Information Business Segment Information (Restructuring Costs) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges			$ 57
Entergy Wholesale Commodities [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	$ 19	$ 14	57	$ 70
Restructuring Reserve	185	123	185	123	$ 167	$ 143	$ 195	$ 193
Payments for Restructuring	1	86	15	140
Asset Write-Offs, Impairments, And Related Charges	4	8	16	98
Entergy Wholesale Commodities [Member] | Employee Retention and Severances Expenses and Other Benefits-Related Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	19	14	57	70
Restructuring Reserve	171	109	171	109	153	129	181	179
Payments for Restructuring	1	86	15	140
Entergy Wholesale Commodities [Member] | Economic Development Costs [Member]
Segment Reporting Information [Line Items]
Restructuring Charges	0	0	0	0
Restructuring Reserve	14	14	14	14	$ 14	$ 14	$ 14	$ 14
Payments for Restructuring	$ 0	$ 0	$ 0	$ 0

Risk Management and Fair Valu_3

Risk Management and Fair Values (Narrative) (Details) TWh in Millions, $ in Millions	3 Months Ended			9 Months Ended
	Dec. 31, 2020TWh	Sep. 30, 2020USD ($)MMBTUGWh	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)MMBTUGWh	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Cash flow hedges relating to power sales as part of net unrealized gains				$ 27
Reclassified from accumulated other comprehensive income (OCI) to operating revenues				27
Maturity of cash flow hedges, Tax		$ 3	$ 4	$ 28	$ 16
Maximum length of time over which Company is currently hedging the variability in future cash flows for forecasted power transactions, years				6 months
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		38,070,000		38,070,000
Total volume of fixed transmission rights outstanding | GWh		92,491		92,491
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset and Liability Unrealized Gains (Loss) Included in Earnings		$ (3.7)	$ (1.2)	$ (0.2)	$ (4.7)
Debt Securities, Available-for-sale, Allowance for Credit Loss		0.6		0.6
Letters Of Credit		6		6
Entergy Arkansas [Member]
Letters of Credit Outstanding, Amount		$ 1.9		$ 1.9
Total volume of fixed transmission rights outstanding | GWh		22,239		22,239
Entergy Louisiana [Member]
Letters of Credit Outstanding, Amount		$ 2.2		$ 2.2
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		25,560,000		25,560,000
Total volume of fixed transmission rights outstanding | GWh		43,454		43,454
Entergy Mississippi [Member]
Letters of Credit Outstanding, Amount		$ 0.7		$ 0.7		$ 0.2
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		11,506,000		11,506,000
Total volume of fixed transmission rights outstanding | GWh		10,353		10,353
Entergy New Orleans [Member]
Letters of Credit Outstanding, Amount		$ 0.2		$ 0.2
Total volume of natural gas swaps outstanding (MMBtu) | MMBTU		1,004,000		1,004,000
Total volume of fixed transmission rights outstanding | GWh		4,243		4,243
Entergy Texas [Member]
Total volume of fixed transmission rights outstanding | GWh		11,889		11,889
Entergy Wholesale Commodities [Member]
Derivative, Collateral, Obligation to Return Cash						1
Letters of Credit Held						98
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				3 years 6 months
Gas Hedge Contracts [Member] | Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				6 months
Gas Hedge Contracts [Member] | Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge				6 months
Entergy Wholesale Commodities [Member]
Cash collateral posted		$ 1		$ 1		11
Letters of Credit Held		22		22		98
Collateral Held						$ 1
Letters Of Credit		$ 5		$ 5
Subsequent Event [Member]
Planned generation sold forward from non utility nuclear power plants for the remainder of the period	97.00%
Planned Generation From Non Nuclear Power Plants Sold Forward Under Financial Hedges	62.00%
Total planned generation for remainder of the period | TWh	3.5

Risk Management and Fair Valu_4

Risk Management and Fair Values (Fair Values Of Derivative Instruments) (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Entergy Wholesale Commodities [Member]
Derivatives, Fair Value [Line Items]
Cash collateral posted	$ 1	$ 11
Liabilities:
Letters of Credit Held	22	98
Other Non-Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	1	2
Derivative, Collateral, Right to Reclaim Cash	0	0
Derivative Liability	1	2
Other Deferred Debits And Other Assets [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Designated As Hedging Instrument [Member]
Assets:
Derivative Asset		17
Derivative Asset, Fair Value, Gross Asset		17
Derivative, Collateral, Obligation to Return Cash		0
Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1	1
Derivative Asset, Fair Value, Gross Asset	1	1
Derivative, Collateral, Obligation to Return Cash		0
Prepayments And Other [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	27	91
Derivative Asset, Fair Value, Gross Asset	29	92
Derivative, Collateral, Obligation to Return Cash	(2)	(1)
Prepayments And Other [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1	10
Derivative Asset, Fair Value, Gross Asset	1	11
Derivative, Collateral, Obligation to Return Cash	0	(1)
Prepayments And Other [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	3
Derivative Asset, Fair Value, Gross Asset	3
Derivative, Collateral, Obligation to Return Cash	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	17	10
Derivative Asset, Fair Value, Gross Asset	17	10
Derivative, Collateral, Obligation to Return Cash		0
Other Current Liabilities [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	1	1
Derivative, Collateral, Right to Reclaim Cash	(1)	(1)
Derivative Liability	0	0
Other Current Liabilities [Member] | Electricity Swaps And Options [Member] | Entergy Wholesale Commodities [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		2
Derivative, Collateral, Right to Reclaim Cash		(2)
Derivative Liability		0
Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Utility [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		5
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		5
Entergy Louisiana [Member]
Liabilities:
Letters of Credit Outstanding, Amount	2.2
Entergy Louisiana [Member] | Other Non-Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability	1.3
Derivative, Collateral, Right to Reclaim Cash	0
Derivative Liability	1.3
Entergy Louisiana [Member] | Other Deferred Debits And Other Assets [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.9	0.8
Derivative Asset, Fair Value, Gross Asset	0.9	0.8
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	2.2
Derivative Asset, Fair Value, Gross Asset	2.2
Derivative, Collateral, Obligation to Return Cash	0
Entergy Louisiana [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	7	4.5
Derivative Asset, Fair Value, Gross Asset	7.1	4.5
Derivative, Collateral, Obligation to Return Cash	0.1	0
Entergy Louisiana [Member] | Other Current Liabilities [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Liabilities:
Derivative Liability, Fair Value, Gross Liability		2.4
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		2.4
Entergy Mississippi [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.7	0.2
Entergy Mississippi [Member] | Prepayments And Other [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	1.1
Derivative Asset, Fair Value, Gross Asset	1.1
Derivative, Collateral, Obligation to Return Cash	0
Entergy Mississippi [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.8	0.8
Derivative Asset, Fair Value, Gross Asset	0.8	0.8
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		2.3
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		2.3
Entergy New Orleans [Member]
Liabilities:
Letters of Credit Outstanding, Amount	0.2
Entergy New Orleans [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	0.1	0.3
Derivative Asset, Fair Value, Gross Asset	0.3	0.3
Derivative, Collateral, Obligation to Return Cash	0.2	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		0.2
Derivative, Collateral, Right to Reclaim Cash		0
Derivative Liability		0.2
Entergy Arkansas [Member]
Liabilities:
Letters of Credit Outstanding, Amount	1.9
Entergy Arkansas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	6.3	3.3
Derivative Asset, Fair Value, Gross Asset	6.4	3.4
Derivative, Collateral, Obligation to Return Cash	(0.1)	(0.1)
Entergy Texas [Member] | Prepayments And Other [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Assets:
Derivative Asset	2.3	0.9
Derivative Asset, Fair Value, Gross Asset	2.3	1
Derivative, Collateral, Obligation to Return Cash	$ 0	$ 0.1

Risk Management and Fair Valu_5

Risk Management and Fair Values (Derivative Instruments Designated as Cash Flow Hedges On Consolidated Statements Of Income) (Details) - Competitive Businesses Operating Revenues [Member] - Electricity Swaps And Options [Member] - Cash Flow Hedging [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Effect of Derivative instruments designated as cash flow hedges on consolidated statements of income
Amount of gain (loss) recognized in AOCI (effective portion)	$ (6)	$ (7)	$ 54	$ 145
Amount of gain reclassified from accumulated OCI into income (effective portion)	$ 15	$ 19	$ 134	$ 76

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, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
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	$ 2	$ 1	$ 0	$ 4
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	(1)	(2)	(3)	(9)
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	33	25	61	78
Entergy Arkansas [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	1.9		1.9
Entergy Arkansas [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	5.2	3.5	14.7	15.4
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	2.2		2.2
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					$ 2.4
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					2.4
Entergy Louisiana [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Noncurrent Liabilities
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					2.2
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					2.2
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	1.4	(1.7)	1.4	(3.6)
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	3.1	14.4	13.9	40.9
Entergy Mississippi [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.7		0.7		0.2
Entergy Mississippi [Member] | 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					2.3
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					2.3
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	(1.5)	(0.3)	(4)	(5.5)
Entergy Mississippi [Member] | Purchased Power Expense [Member] | Fixed Transmission Rights (FTRs) [Member] | Not Designated As Hedging Instrument [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative, Gain (Loss) on Derivative, Net	1.3	1.9	0.7	5.3
Entergy New Orleans [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Letters of Credit Outstanding, Amount	0.2		0.2
Entergy New Orleans [Member] | Natural Gas Swaps [Member] | Not Designated As Hedging Instrument [Member] | Other Current Liabilities [Member]
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]
Derivative Liability, Fair Value, Gross Liability					0.2
Derivative, Collateral, Right to Reclaim Cash					0
Derivative Liability					$ 0.2
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	(0.5)	(0.1)	(0.5)	0.1
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	0.1	(0.3)	0.8	2.2
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	$ 22.8	$ 5.5	$ 30.5	$ 13.6

Risk Management and Fair Valu_7

Risk Management and Fair Values (Assets And Liabilities At Fair Value On A Recurring Basis) (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	$ 1,195,805,000	$ 391,480,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	47,000,000	47,000,000
Replacement Reserve Escrow	420,000,000	459,000,000
Equity Securities, FV-NI	959,000,000	905,000,000
Debt Securities	3,127,000,000	2,963,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	8,500,000,000	7,430,000,000
Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	1,000,000	7,000,000
Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	2,702,000,000	2,536,000,000
Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	28,000,000	118,000,000
Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	4,000,000	1,000,000
Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	17,000,000	10,000,000
Fair Value Inputs Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	1,196,000,000	391,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	47,000,000	47,000,000
Replacement Reserve Escrow	420,000,000	459,000,000
Equity Securities, FV-NI	959,000,000	905,000,000
Debt Securities	1,091,000,000	1,139,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	3,716,000,000	2,941,000,000
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	0	5,000,000
Fair Value Inputs Level 1 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	3,000,000	0
Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	2,036,000,000	1,824,000,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,037,000,000	1,825,000,000
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	1,000,000	2,000,000
Fair Value, Inputs, Level 2 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,000,000	1,000,000
Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	45,000,000	128,000,000
Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Fair Value, Inputs, Level 3 [Member] | Power Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	28,000,000	118,000,000
Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	17,000,000	10,000,000
Entergy New Orleans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	5,991,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	6,165,000	1,989,000
Replacement Reserve Escrow	83,000,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	89,300,000	90,900,000
Entergy New Orleans [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		200,000
Entergy New Orleans [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	100,000	300,000
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		6,000,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	6,200,000	2,000,000
Replacement Reserve Escrow	83,000,000	82,600,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	89,200,000	90,600,000
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		200,000
Entergy New Orleans [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	100,000	300,000
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	100,000	300,000
Entergy Mississippi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	43,022,000	51,590,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow	80,300,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	125,200,000	132,600,000
Entergy Mississippi [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		2,300,000
Entergy Mississippi [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,100,000
Entergy Mississippi [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	800,000	800,000
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	43,000,000	51,600,000
Assets at fair value on a recurring basis
Replacement Reserve Escrow	80,300,000	80,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	124,400,000	131,800,000
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		2,300,000
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	1,100,000
Entergy Mississippi [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis		0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Replacement Reserve Escrow	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	800,000	800,000
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	800,000	800,000
Entergy Louisiana [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	251,816,000	1,518,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	9,600,000	3,700,000
Replacement Reserve Escrow	256,700,000	295,900,000
Equity Securities, FV-NI	9,400,000	4,300,000
Debt Securities	626,400,000	601,500,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,178,600,000	1,870,200,000
Entergy Louisiana [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	1,300,000	4,600,000
Entergy Louisiana [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	1,014,600,000	958,000,000
Entergy Louisiana [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	3,100,000	800,000
Entergy Louisiana [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	7,000,000	4,500,000
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	251,800,000	1,500,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	9,600,000	3,700,000
Replacement Reserve Escrow	256,700,000	295,900,000
Equity Securities, FV-NI	9,400,000	4,300,000
Debt Securities	162,800,000	180,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	692,500,000	486,200,000
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	2,400,000
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,200,000	0
Entergy Louisiana [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Replacement Reserve Escrow	0	0
Equity Securities, FV-NI	0	0
Debt Securities	463,600,000	420,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	464,500,000	421,500,000
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	1,300,000	2,200,000
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	900,000	800,000
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
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	7,000,000	4,500,000
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts [Member]
Liabilities at fair value on a recurring basis
Liabilities, Fair Value Disclosure on Recurring Basis	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Gas Hedge Contracts Assets [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	7,000,000	4,500,000
Entergy Arkansas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	597,783,000	0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	4,036,000
Equity Securities, FV-NI	15,100,000	600,000
Debt Securities	433,200,000	412,800,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,772,900,000	1,108,600,000
Entergy Arkansas [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	720,500,000	687,900,000
Entergy Arkansas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	6,300,000	3,300,000
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	597,800,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		4,000,000
Equity Securities, FV-NI	15,100,000	600,000
Debt Securities	105,600,000	108,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	718,500,000	113,300,000
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
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0
Equity Securities, FV-NI	0	0
Debt Securities	327,600,000	304,100,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	327,600,000	304,100,000
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
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current		0
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	6,300,000	3,300,000
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	6,300,000	3,300,000
Entergy Texas [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	12,904,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	30,864,000	37,720,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	33,200,000	51,500,000
Entergy Texas [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,300,000	900,000
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		12,900,000
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	30,900,000	37,700,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	30,900,000	50,600,000
Entergy Texas [Member] | Fair Value Inputs Level 1 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	0	0
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value		0
Assets at fair value on a recurring basis
Restricted Cash and Cash Equivalents, Current	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	2,300,000	900,000
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Transmission Rights (FTRs) [Member]
Assets at fair value on a recurring basis
Derivative Asset	2,300,000	900,000
System Energy [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	11,813,000	68,441,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	8,500,000	13,300,000
Debt Securities	420,800,000	386,200,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	1,126,300,000	1,122,500,000
System Energy [Member] | Common trust funds valued using Net Asset Value [Domain]
Assets at fair value on a recurring basis
Available-for-sale Securities	685,200,000	654,600,000
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	11,800,000	68,400,000
Assets at fair value on a recurring basis
Equity Securities, FV-NI	8,500,000	13,300,000
Debt Securities	179,100,000	176,300,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	199,400,000	258,000,000
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	241,700,000	209,900,000
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	241,700,000	209,900,000
System Energy [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash Equivalents, at Carrying Value	0	0
Assets at fair value on a recurring basis
Equity Securities, FV-NI	0	0
Debt Securities	0	0
Liabilities at fair value on a recurring basis
Assets, Fair Value Disclosure	$ 0	$ 0

Risk Management and Fair Valu_8

Risk Management and Fair Values (Reconciliation Of Changes In The Net Assets (Liabilities) For The Fair Value Of Derivatives Classified As Level 3 In The Fair Value Hierarchy) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
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	$ 28,000		$ 28,000
Issuance of Financial Transmission Rights			0	$ 0
Electricity Swaps And Options [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	28,000	$ 48,000	28,000	48,000	$ 49,000	$ 118,000	$ 72,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	2,000	1,000	0	4,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)			54,000	145,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(17,000)	(18,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value								$ (31,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements			(144,000)	(70,000)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Other Comprehensive Income (Loss)	(6,000)	(7,000)
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	17,000	16,000	17,000	16,000	22,000	10,000	29,000	15,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	1,000	0	1,000	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Other Comprehensive Income (Loss)	0	0	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	27,000	12,000	44,000	44,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	(33,000)	(25,000)
Issuance of Financial Transmission Rights			23,000	35,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements			(61,000)	(78,000)
Fixed Transmission Rights (FTRs) [Member] | Entergy Arkansas [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	6,300	3,900	6,300	3,900	6,100	3,300	8,200	3,400
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				6,300
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	5,400		11,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset		(800)
Issuance of Financial Transmission Rights			6,500	9,600
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(5,200)	(3,500)	(14,700)	(15,400)
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	7,000	9,100	7,000	9,100	12,500	4,500	15,600	8,300
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				23,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset		7,900	3,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset	(2,400)
Issuance of Financial Transmission Rights			13,200	18,700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(3,100)	(14,400)	(13,900)	(40,900)
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	800	1,500	800	1,500	1,100	800	2,800	2,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				600
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	1,000	600
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset			(700)
Issuance of Financial Transmission Rights			1,400	3,900
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	1,300	(1,900)	700	5,200
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	100	700	100	700		300	2,000	1,300
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	400		700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included as Regulatory Liability/Asset		(1,600)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value					(200)
Issuance of Financial Transmission Rights			(100)	2,700
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	(100)	(300)	800	2,200
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings				(1,100)
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	2,300	1,300	2,300	1,300	$ 2,600	$ 900	$ 600
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings				15,300
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset	22,500	6,200	29,500
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value								$ (500)
Issuance of Financial Transmission Rights			2,400	100
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	$ (22,800)	$ (5,500)	$ (30,500)	$ (13,600)

Risk Management and Fair Valu_9

Risk Management and Fair Values (Schedules Of Valuation Techniques) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)
Range from Average Percentage for Fair Value of Electricity Swaps	4.75%
Effect of Significant Unobservable Inputs on Fair Value of Electricity Swaps	$ 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value	$ 28
Gas Hedge Contracts [Member] | Entergy Louisiana [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	3 years 6 months
Gas Hedge Contracts [Member] | Entergy Mississippi [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months
Gas Hedge Contracts [Member] | Entergy New Orleans [Member]
Maximum Length of Time Hedged in Cash Flow Hedge	6 months

Decommissioning Trust Funds (Na

Decommissioning Trust Funds (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Jan. 01, 2019
Debt Securities, Trading, Measurement Input	$ 546,000,000		$ 546,000,000		$ 507,000,000
Decommissioning Trust Funds [Abstract]
Accumulated Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, after Tax						$ (6,806,000)
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts	(1,513,000)	$ 1,303,000	18,042,000	$ 17,472,000
Amortized cost of debt securities	$ 2,382,000,000		$ 2,382,000,000		2,366,000,000
Average coupon rate of debt securities	3.09%		3.09%
Average duration of debt securities, years			7 years 1 month 17 days
Average maturity of debt securities, years			10 years 4 months 28 days
Proceeds from the dispositions of debt securities	$ 156,000,000	407,000,000	$ 832,000,000	1,133,000,000
Gains from dispositions of debt securities, gross	9,000,000	11,000,000	38,000,000	20,000,000
Losses from dispositions of debt securities, gross	200,000	400,000	4,000,000	3,000,000
Debt Securities, Available-for-sale, Allowance for Credit Loss	600,000		600,000
Equity Securities, FV-NI, Unrealized Gain	250,000,000		142,000,000
Debt Securities [Member]
Decommissioning Trust Funds [Abstract]
Deferred taxes on unrealized gains/(losses) recorded in OCI for non-regulated decommissioning trusts			31,000,000		13,000,000
Entergy Arkansas [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 403,800,000		$ 403,800,000		405,400,000
Average coupon rate of debt securities	2.60%		2.60%
Average duration of debt securities, years			6 years 10 months 28 days
Average maturity of debt securities, years			8 years 2 months 15 days
Proceeds from the dispositions of debt securities	$ 14,600,000	45,500,000	$ 80,900,000	78,700,000
Gains from dispositions of debt securities, gross	1,700,000	2,000,000	7,500,000	2,100,000
Losses from dispositions of debt securities, gross	3,600		200,000	100,000
Equity Securities, FV-NI, Unrealized Gain	57,200,000		27,000,000
Entergy Louisiana [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 576,500,000		$ 576,500,000		573,000,000
Average coupon rate of debt securities	3.73%		3.73%
Average duration of debt securities, years			7 years 3 months 18 days
Average maturity of debt securities, years			12 years 11 months 19 days
Proceeds from the dispositions of debt securities	$ 30,600,000	59,700,000	$ 132,100,000	155,400,000
Gains from dispositions of debt securities, gross	1,400,000	2,500,000	6,300,000	4,200,000
Losses from dispositions of debt securities, gross	1,300	29,000	$ 700,000	200,000
Percentage Interest in River Bend			30.00%
Equity Securities, FV-NI, Unrealized Gain	80,200,000		$ 40,200,000
System Energy [Member]
Decommissioning Trust Funds [Abstract]
Amortized cost of debt securities	$ 389,700,000		$ 389,700,000		371,400,000
Average coupon rate of debt securities	2.93%		2.93%
Average duration of debt securities, years			7 years 6 months
Average maturity of debt securities, years			11 years 2 months 12 days
Proceeds from the dispositions of debt securities	$ 24,100,000	108,600,000	$ 189,700,000	238,400,000
Gains from dispositions of debt securities, gross	1,600,000	1,700,000	8,600,000	3,600,000
Losses from dispositions of debt securities, gross	9,900	$ 200,000	400,000	$ 600,000
Equity Securities, FV-NI, Unrealized Gain	54,400,000		25,700,000
Indian Point 3 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	986,000,000		986,000,000		930,000,000
Indian Point 1 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	588,000,000		588,000,000		556,000,000
Indian Point 2 [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	742,000,000		742,000,000		701,000,000
Palisades [Member]
Decommissioning Trust Funds [Abstract]
Decommissioning Fund Investments, Fair Value	$ 538,000,000		$ 538,000,000		$ 498,000,000

Decommissioning Trust Funds (Se

Decommissioning Trust Funds (Securities Held) (Details) - Debt Securities [Member] - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Fair Value	$ 2,581	$ 2,456
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	201	96
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	2	6
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	433.2	412.8
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	29.5	9.9
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0.2	2.6
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	626.4	601.5
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	50.5	29.3
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0.5	0.8
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Fair Value	420.8	386.2
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	31.6	15.1
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ 0.4	$ 0.3

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, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	$ 206	$ 404
More than 12 months Fair Value	2	38
Total Fair Value	208	442
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	2	5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	2	6
Entergy Arkansas [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	26.8	104.8
More than 12 months Fair Value	0	7.7
Total Fair Value	26.8	112.5
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.2	2.5
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.2	2.6
Entergy Louisiana [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	43.7	71.2
More than 12 months Fair Value	0.8	7.9
Total Fair Value	44.5	79.1
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.5	0.8
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0.5	0.8
System Energy [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	28.7	56.9
More than 12 months Fair Value	0	0.3
Total Fair Value	28.7	57.2
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0.4	0.3
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 0.4	$ 0.3

Decommissioning Trust Funds (Fa

Decommissioning Trust Funds (Fair Value Of Debt Securities By Contractual Maturities) (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Fair value of debt securities by contractual maturities
Less than 1 year	$ 24	$ 128
1 year - 5 years	718	807
5 years - 10 years	761	666
10 years - 15 years	347	125
15 years - 20 years	135	126
20 years+	596	604
Total	2,581	2,456
Entergy Arkansas [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	13.6	44.1
1 year - 5 years	102	109.1
5 years - 10 years	177.5	156
10 years - 15 years	75.8	31.3
15 years - 20 years	26.7	23.8
20 years+	37.6	48.5
Total	433.2	412.8
Entergy Louisiana [Member]
Fair value of debt securities by contractual maturities
Less than 1 year	7.7	40.7
1 year - 5 years	122.9	142
5 years - 10 years	147.8	132.4
10 years - 15 years	95.1	39.8
15 years - 20 years	61.8	49.2
20 years+	191.1	197.4
Total	626.4	601.5
System Energy [Member]
Fair value of debt securities by contractual maturities
Less than 1 year		8.5
1 year - 5 years	163.1	154.6
5 years - 10 years	107	92.3
10 years - 15 years	27.5	13.4
15 years - 20 years	4.9	14.4
20 years+	119.9	103
Total	420.8	$ 386.2
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, within One Year, Negative Fair Value	$ (1.6)

Income Taxes Income Taxes (Narr

Income Taxes Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2020	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2015	Dec. 31, 2022	Dec. 31, 2021
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	$ 24.7
Increase (Reduction) in income tax resulting from Act 55 financing settlement	32
Act 55 final recorded income tax reduction	58
Increase (Decrease) in Income Taxes	26
Regulatory Charge for Hurricane Isaac Act 55 Tax Obligation to Customers	29
Regulatory Charge for Hurricane Isaac Act 55 Tax Obligation to Customers (Net-of-tax)	21
Reduction in unrecognized tax benefits related to federal and state taxes		$ 1,500
Subsequent Event [Member]
CARES Act Deferred Tax Expense			$ 64
CARES Act annual payroll tax installment due resulting from deferred tax payments					$ 32	$ 32
Entergy Arkansas [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	4.8
Entergy Louisiana [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	8.6
Change in accounting method for tax purposes, effect of change on taxable income		190		$ 2,200
Cost of goods sold - Decommissioning Liability		221
Deferred tax liability due to decommissioning liability in cost of goods sold		60
Reduction in unrecognized tax benefits related to federal and state taxes		1,100
Reduction in unrecognized tax benefits		74
Entergy Mississippi [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	2.7
Entergy New Orleans [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	1.5
System Energy [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	1.3
Change in accounting method for tax purposes, effect of change on taxable income				$ 1,200
Cost of goods sold - Decommissioning Liability		102
Deferred tax liability due to decommissioning liability in cost of goods sold		26
Federal and state taxes payable due to decommissioning liability in cost of goods sold		402
Reduction in unrecognized tax benefits related to federal and state taxes		$ 461
Entergy Texas [Member]
Permanent Tax Reduction Resulting From Certain Stock-Based Awards	$ 2.7

Income Taxes Income Taxes (Redu

Income Taxes Income Taxes (Reduction to Regulatory Liability Due to Return of Unprotected Excess ADIT (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 17	$ 96	$ 61	$ 219
Entergy Arkansas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes		41	9	99
Addition to regulatory liability due to return of unprotected excess accumulated deferred income taxes	(2)
Entergy Louisiana [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	8	17	24	31
Entergy New Orleans [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	1	7	6	9
Entergy Texas [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	10	31	22	73
System Energy [Member]
Reduction to regulatory liability due to return of unprotected excess accumulated deferred income taxes	$ 0	$ 0	$ 0	$ 7

Property, Plant, And Equipment

Property, Plant, And Equipment (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Construction expenditures in accounts payable	$ 1,400	$ 406
Entergy Arkansas [Member]
Construction expenditures in accounts payable	50.4	67.9
Entergy Louisiana [Member]
Construction expenditures in accounts payable	1,100	115.1
Entergy Mississippi [Member]
Construction expenditures in accounts payable	24.1	34.2
Entergy New Orleans [Member]
Construction expenditures in accounts payable	6.4	18.4
Entergy Texas [Member]
Construction expenditures in accounts payable	204.3	88.1
System Energy [Member]
Construction expenditures in accounts payable	$ 18	$ 23.2

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - System Energy [Member] - Grand Gulf [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Variable Interest Entity [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage			11.50%
Payments on lease, including interest	$ 8.6	$ 8.6	$ 17.2	$ 17.2

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,903,568	$ 3,140,575	$ 7,743,534	$ 8,416,367
Accounts Receivable, Allowance for Credit Loss, Current	73,426		73,426			$ 7,404
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			66,900
Accounts Receivable, Allowance for Credit Loss, Writeoff			(8,600)
Accounts Receivable, Allowance for Credit Loss, Recovery			7,700
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	51,000		51,000
Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,666,805	2,812,934	6,907,999	7,279,683
Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	22,357	27,269	88,829	112,916
Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	214,406	300,372	746,706	1,023,768
Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,153,220	1,154,455	2,742,118	2,727,367
Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	647,119	722,334	1,712,179	1,871,416
Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	589,648	686,122	1,723,367	1,928,857
Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	56,710	61,697	156,251	172,280
Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	145,187	63,082	251,674	222,834
Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	69,122	115,352	288,009	326,771
Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	5,799	9,892	34,401	30,158
Non-Customer [Member] | Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	19,222	17,952	159,800	100,480
Competitive Business Sales [Member] | Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	195,184	282,420	586,906	923,288
Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,446,697	2,624,608	6,333,915	6,699,920
Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,661,006	2,803,042	6,873,598	7,249,525
Entergy Arkansas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	644,389	687,526	1,618,068	1,776,267
Accounts Receivable, Allowance for Credit Loss, Current	12,229		12,229			1,169
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			10,600
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,800)
Accounts Receivable, Allowance for Credit Loss, Recovery			2,200
Regulatory asset related to costs associated with COVID-19 pandemic	6,100		6,100
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	6,100		6,100
Entergy Arkansas [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	644,389	687,526	1,618,068	1,776,267
Entergy Arkansas [Member] | Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Arkansas [Member] | Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	274,496	253,627	665,355	621,208
Entergy Arkansas [Member] | Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	137,764	162,564	355,112	412,697
Entergy Arkansas [Member] | Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	138,037	156,024	345,378	396,515
Entergy Arkansas [Member] | Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	5,133	5,907	13,508	15,776
Entergy Arkansas [Member] | Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	64,494	58,953	142,590	213,038
Entergy Arkansas [Member] | Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	17,677	47,085	82,811	107,599
Entergy Arkansas [Member] | Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	6,788	3,366	13,314	9,434
Entergy Arkansas [Member] | Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	555,430	578,122	1,379,353	1,446,196
Entergy Arkansas [Member] | Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	637,601	684,160	1,604,754	1,766,833
Entergy Louisiana [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,120,022	1,231,677	3,062,321	3,297,324
Accounts Receivable, Allowance for Credit Loss, Current	27,157		27,157			1,902
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			26,300
Accounts Receivable, Allowance for Credit Loss, Writeoff			(3,500)
Accounts Receivable, Allowance for Credit Loss, Recovery			2,500
Regulatory asset related to costs associated with COVID-19 pandemic	27,400		27,400
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	20,900		20,900
Entergy Louisiana [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,110,217	1,221,874	3,024,359	3,252,826
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	9,805	9,803	37,962	44,498
Entergy Louisiana [Member] | Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	413,442	426,012	974,407	980,443
Entergy Louisiana [Member] | Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	248,276	277,071	659,641	715,983
Entergy Louisiana [Member] | Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	316,876	376,595	974,419	1,108,193
Entergy Louisiana [Member] | Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	17,449	18,731	50,984	53,547
Entergy Louisiana [Member] | Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	81,843	81,664	243,071	248,827
Entergy Louisiana [Member] | Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	35,097	37,521	120,209	130,269
Entergy Louisiana [Member] | Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	(2,766)	4,280	1,628	15,564
Entergy Louisiana [Member] | Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	996,043	1,098,409	2,659,451	2,858,166
Entergy Louisiana [Member] | Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,112,983	1,217,594	3,022,731	3,237,262
Entergy Mississippi [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	356,496	398,732	948,372	983,713
Accounts Receivable, Allowance for Credit Loss, Current	11,385		11,385			636
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			11,000
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,200)
Accounts Receivable, Allowance for Credit Loss, Recovery			1,000
Regulatory asset related to costs associated with COVID-19 pandemic	10,400		10,400
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	8,400		8,400
Entergy Mississippi [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	356,496	398,732	948,372	983,713
Entergy Mississippi [Member] | Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Mississippi [Member] | Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	161,031	177,785	400,495	423,395
Entergy Mississippi [Member] | Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	109,432	131,596	295,823	331,785
Entergy Mississippi [Member] | Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	34,062	44,054	106,327	120,490
Entergy Mississippi [Member] | Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	10,917	12,551	31,043	33,108
Entergy Mississippi [Member] | Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	29,535	9,569	62,383	19,377
Entergy Mississippi [Member] | Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	9,612	20,499	45,448	47,887
Entergy Mississippi [Member] | Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	1,907	2,678	6,853	7,671
Entergy Mississippi [Member] | Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	315,442	365,986	833,688	908,778
Entergy Mississippi [Member] | Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	354,589	396,054	941,519	976,042
Entergy New Orleans [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	182,064	194,204	478,709	533,191
Accounts Receivable, Allowance for Credit Loss, Current	12,025		12,025			3,226
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			8,800
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,000)
Accounts Receivable, Allowance for Credit Loss, Recovery			1,000
Regulatory asset related to costs associated with COVID-19 pandemic					$ 8,400
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	7,700		7,700
Entergy New Orleans [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	169,512	176,738	427,842	464,773
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	12,552	17,466	50,867	68,418
Entergy New Orleans [Member] | Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	83,242	81,468	187,561	192,165
Entergy New Orleans [Member] | Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	50,565	56,430	132,470	156,152
Entergy New Orleans [Member] | Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	7,219	8,613	17,632	24,353
Entergy New Orleans [Member] | Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	17,187	19,030	43,512	53,916
Entergy New Orleans [Member] | Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	9,057	6,876	27,245	25,680
Entergy New Orleans [Member] | Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	2,403	2,537	7,166	8,093
Entergy New Orleans [Member] | Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	(161)	1,784	12,256	4,414
Entergy New Orleans [Member] | Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	158,213	165,541	381,175	426,586
Entergy New Orleans [Member] | Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	169,673	174,954	415,586	460,359
Entergy Texas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	494,922	442,877	1,206,452	1,146,931
Accounts Receivable, Allowance for Credit Loss, Current	10,629		10,629			$ 471
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease)			10,200
Accounts Receivable, Allowance for Credit Loss, Writeoff			(1,100)
Accounts Receivable, Allowance for Credit Loss, Recovery			1,000
Regulatory asset related to costs associated with COVID-19 pandemic	8,700		8,700
Regulatory asset related to bad debt expenses associated with COVID-19 pandemic	7,900		7,900
Entergy Texas [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	494,922	442,877	1,206,452	1,146,931
Entergy Texas [Member] | Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	0	0	0	0
Entergy Texas [Member] | Residential [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	221,009	215,563	514,300	510,156
Entergy Texas [Member] | Commercial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	101,082	94,673	269,133	254,799
Entergy Texas [Member] | Industrial [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	93,454	100,836	279,611	279,306
Entergy Texas [Member] | Governmental [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	6,024	5,478	17,204	15,933
Entergy Texas [Member] | Sales for Resale [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	67,643	16,704	89,459	48,251
Entergy Texas [Member] | Other Electric [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	5,685	9,177	36,426	37,329
Entergy Texas [Member] | Non-Customer [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	25	446	319	1,157
Entergy Texas [Member] | Billed Retail [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	421,569	416,550	1,080,248	1,060,194
Entergy Texas [Member] | Customer | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	494,897	442,431	1,206,133	1,145,774
System Energy [Member] | Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 148,517	$ 145,472	$ 405,230	$ 424,585

Uncategorized Items - etr-20200

Label	Element	Value
Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	35,000,000
Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,273,719,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(5,154,150,000)
AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(563,979,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(446,920,000)
Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5,951,431,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,564,436,000
Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8,727,956,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9,257,190,000
Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2,616,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2,700,000
Accounting Standards Updates 2017-08 and 2017-12 [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] | Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] | Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] | AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(6,806,000)
Accounting Standards Updates 2017-08 and 2017-12 [Member] | Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Updates 2017-08 and 2017-12 [Member] | Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6,806,000
Accounting Standards Updates 2017-08 and 2017-12 [Member] | Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] | Subsidiaries Preferred Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | AOCI Attributable to Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Additional Paid-in Capital [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	0
Accounting Standards Update 2016-13 [Member] | Retained Earnings [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	(419,000)
Accounting Standards Update 2016-13 [Member] | Common Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	$ 0