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Retirement And Other Postretirement Benefits | 3 Months Ended
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Mar. 31, 2018
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |
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) Entergy implemented ASU No. 2017-07, “Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” effective January 1, 2018. The ASU requires entities to report the service cost component of defined benefit pension cost and postretirement benefit cost (net benefit cost) in the same line item as other compensation costs arising from services rendered during the period. 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 in miscellaneous - net in other income. The amendment regarding the presentation of net benefit cost was required to be applied retrospectively for all periods presented. In addition, the ASU allows only the service cost component of net benefit cost to be eligible for capitalization on a prospective basis. In accordance with the regulatory treatment of net benefit cost of the Registrant Subsidiaries, a regulatory asset/liability will be recorded in other regulatory assets/liabilities for the non-service cost components of net benefit cost that would have been capitalized. The retroactive presentation changes resulted in decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income for the three months ended March 31, 2017, with no change in net income, of $21 million for Entergy, $2.8 million for Entergy Arkansas, $6.1 million for Entergy Louisiana, $0.6 million for Entergy Mississippi, $0.2 million for Entergy New Orleans, ($0.2) million for Entergy Texas, and $0.9 million for System Energy. The retroactive effect of the change for the year ended December 31, 2017 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $108 million for Entergy, $13.7 million for Entergy Arkansas, $27.8 million for Entergy Louisiana, $2.7 million for Entergy Mississippi, $1.3 million for Entergy New Orleans, $0.2 million for Entergy Texas, and $6.2 million for System Energy. The retroactive effect of the change for the year ended December 31, 2016 would be decreases (increases) in other operation and maintenance expenses and decreases (increases) in other income, with no change in net income, of $71 million for Entergy, $13.4 million for Entergy Arkansas, $26.1 million for Entergy Louisiana, $2.4 million for Entergy Mississippi, $1 million for Entergy New Orleans, ($1.1) million for Entergy Texas, and $5.1 million for System Energy. The retroactive effect of the change for the year ended December 31, 2015 would be decreases in other operation and maintenance expenses and decreases in other income, with no change in net income, of $148 million for Entergy, $30.7 million for Entergy Arkansas, $50.7 million for Entergy Louisiana, $6.3 million for Entergy Mississippi, $4 million for Entergy New Orleans, $4 million for Entergy Texas, and $10.2 million for System Energy. Components of Qualified Net Pension Cost
Entergy’s qualified pension cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $38,752 |  |  |  | $33,410 |
Interest cost on projected benefit obligation | 66,854 |  |  | 65,206 |
Expected return on assets | (110,535 | ) |  | (102,056 | )
Amortization of prior service cost | 99 |  |  | 65 |
Amortization of loss | 68,526 |  |  | 56,930 |
Net pension costs |  | $63,696 |  |  |  | $53,555 |
The Registrant Subsidiaries’ qualified pension cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $6,189 |  |  |  | $8,446 |  |  |  | $1,822 |  |  |  | $673 |  |  |  | $1,589 |  |  |  | $1,776 |
Interest cost on projects benefit obligation |  | 13,004 |  |  | 14,940 |  |  | 3,769 |  |  | 1,813 |  |  | 3,348 |  |  | 3,227 |
Expected return on assets |  | (21,851 | ) |  | (24,809 | ) |  | (6,502 | ) |  | (2,993 | ) |  | (6,523 | ) |  | (4,991 | )
Amortization of loss |  | 13,412 |  |  | 14,450 |  |  | 3,610 |  |  | 1,954 |  |  | 2,626 |  |  | 3,715 |
Net pension cost |  |  | $10,754 |  |  |  | $13,027 |  |  |  | $2,699 |  |  |  | $1,447 |  |  |  | $1,040 |  |  |  | $3,727 |
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $5,090 |  |  |  | $6,925 |  |  |  | $1,472 |  |  |  | $625 |  |  |  | $1,364 |  |  |  | $1,536 |
Interest cost on projected benefit obligation |  | 12,944 |  |  | 14,809 |  |  | 3,732 |  |  | 1,791 |  |  | 3,392 |  |  | 3,091 |
Expected return on assets |  | (20,427 | ) |  | (23,017 | ) |  | (6,131 | ) |  | (2,800 | ) |  | (6,180 | ) |  | (4,663 | )
Amortization of loss |  | 11,640 |  |  | 12,354 |  |  | 3,053 |  |  | 1,658 |  |  | 2,310 |  |  | 2,964 |
Net pension cost |  |  | $9,247 |  |  |  | $11,071 |  |  |  | $2,126 |  |  |  | $1,274 |  |  |  | $886 |  |  |  | $2,928 |
Non-Qualified Net Pension Cost Entergy recognized $8.9 million and $4.6 million in pension cost for its non-qualified pension plans in the first quarters of 2018 and 2017, respectively. Reflected in the pension cost for non-qualified pension plans in the first quarter of 2018 is a $4.4 million settlement charge 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 first quarters of 2018 and 2017:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas
| (In Thousands)
2018 |  | $132 |  |  |  | $50 |  |  |  | $80 |  |  |  | $21 |  |  |  | $137 |
2017 |  | $105 |  |  |  | $48 |  |  |  | $64 |  |  |  | $18 |  |  |  | $127 |
Reflected in Entergy Arkansas’s non-qualified pension costs in the first quarter of 2018 is $12 thousand in settlement charges related to the payment of lump sum benefits out of this plan. Components of Net Other Postretirement Benefit Cost
Entergy’s other postretirement benefit cost, including amounts capitalized, for the first quarters of 2018 and 2017, included the following components:
| 2018 |  | 2017
| (In Thousands)
Service cost - benefits earned during the period |  | $6,782 |  |  |  | $6,729 |
Interest cost on accumulated postretirement benefit obligation (APBO) | 12,681 |  |  | 13,960 |
Expected return on assets | (10,373 | ) |  | (9,408 | )
Amortization of prior service credit | (9,251 | ) |  | (10,356 | )
Amortization of loss | 3,432 |  |  | 5,476 |
Net other postretirement benefit cost |  | $3,271 |  |  |  | $6,401 |
The Registrant Subsidiaries’ other postretirement benefit cost, including amounts capitalized, for their employees for the first quarters of 2018 and 2017, included the following components:
2018 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $793 |  |  |  | $1,556 |  |  |  | $321 |  |  |  | $129 |  |  |  | $330 |  |  |  | $306 |
Interest cost on APBO |  | 1,997 |  |  | 2,789 |  |  | 683 |  |  | 417 |  |  | 939 |  |  | 500 |
Expected return on assets |  | (4,342 | ) |  | — |  |  | (1,303 | ) |  | (1,313 | ) |  | (2,446 | ) |  | (783 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 289 |  |  | 388 |  |  | 377 |  |  | 34 |  |  | 206 |  |  | 233 |
Net other postretirement benefit cost |  |  | ($2,541 | ) |  |  | $2,799 |  |  |  | ($378 | ) |  |  | ($919 | ) |  |  | ($1,550 | ) |  |  | ($122 | )
2017 |  | Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
|  | (In Thousands)
Service cost - benefits earned during the period |  |  | $863 |  |  |  | $1,593 |  |  |  | $290 |  |  |  | $142 |  |  |  | $372 |  |  |  | $320 |
Interest cost on APBO |  | 2,255 |  |  | 3,025 |  |  | 690 |  |  | 469 |  |  | 1,124 |  |  | 559 |
Expected return on assets |  | (3,959 | ) |  | — |  |  | (1,200 | ) |  | (1,159 | ) |  | (2,180 | ) |  | (717 | )
Amortization of prior service credit |  | (1,278 | ) |  | (1,934 | ) |  | (456 | ) |  | (186 | ) |  | (579 | ) |  | (378 | )
Amortization of loss |  | 1,115 |  |  | 465 |  |  | 419 |  |  | 105 |  |  | 826 |  |  | 390 |
Net other postretirement benefit cost |  |  | ($1,004 | ) |  |  | $3,149 |  |  |  | ($257 | ) |  |  | ($629 | ) |  |  | ($437 | ) |  |  | $174 |
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 first quarters of 2018 and 2017:
2018 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($99 | ) |  |  | $5,595 |  |  |  | ($70 | ) |  |  | $5,426 |
Amortization of loss |  | (21,957 | ) |  | (1,932 | ) |  | (1,063 | ) |  | (24,952 | )
Settlement loss |  | — |  |  | — |  |  | (1,616 | ) |  | (1,616 | )
|  |  | ($22,056 | ) |  |  | $3,663 |  |  |  | ($2,749 | ) |  |  | ($21,142 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (867 | ) |  | (388 | ) |  | (2 | ) |  | (1,257 | )
|  |  | ($867 | ) |  |  | $1,546 |  |  |  | ($2 | ) |  |  | $677 |
2017 |  | Qualified Pension Costs |  | Other Postretirement Costs |  | Non-Qualified Pension Costs |  | Total
|  | (In Thousands) |  |
Entergy |  |  |  |  |  |  |  |
Amortization of prior service (cost)/credit |  |  | ($65 | ) |  |  | $6,717 |  |  |  | ($90 | ) |  |  | $6,562 |
Amortization of loss |  | (18,450 | ) |  | (2,202 | ) |  | (919 | ) |  | (21,571 | )
|  |  | ($18,515 | ) |  |  | $4,515 |  |  |  | ($1,009 | ) |  |  | ($15,009 | )
Entergy Louisiana |  |  |  |  |  |  |  |
Amortization of prior service credit |  |  | $— |  |  |  | $1,934 |  |  |  | $— |  |  |  | $1,934 |
Amortization of loss |  | (865 | ) |  | (465 | ) |  | (2 | ) |  | (1,332 | )
|  |  | ($865 | ) |  |  | $1,469 |  |  |  | ($2 | ) |  |  | $602 |
Employer Contributions Based on current assumptions, Entergy expects to contribute $352.1 million to its qualified pension plans in 2018. As of March 31, 2018, Entergy had contributed $91.8 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 2018:
| Entergy Arkansas |  | Entergy Louisiana |  | Entergy Mississippi |  | Entergy New Orleans |  | Entergy Texas |  | System Energy
| (In Thousands)
Expected 2018 pension contributions |  | $64,062 |  |  |  | $71,917 |  |  |  | $14,933 |  |  |  | $7,250 |  |  |  | $10,883 |  |  |  | $13,786 |
Pension contributions made through March 2018 |  | $17,373 |  |  |  | $19,510 |  |  |  | $4,194 |  |  |  | $2,061 |  |  |  | $3,873 |  |  |  | $3,715 |
Remaining estimated pension contributions to be made in 2018 |  | $46,689 |  |  |  | $52,407 |  |  |  | $10,739 |  |  |  | $5,189 |  |  |  | $7,010 |  |  |  | $10,071 |

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