XML 62 R23.htm IDEA: XBRL DOCUMENT
v3.22.2

Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Schedule Of Earnings Per Share Basic And Diluted | The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations:
| For the Three Months Ended June 30,
| 2022 |  | 2021
| (In Millions, Except Per Share Data)
| Income |  | Shares |  | $/share |  | Income |  | Shares |  | $/share
Basic earnings (loss) per share |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to Entergy Corporation | $159.7 |  |  | 203.4 |  |  | $0.79 |  |  | ($6.0) |  |  | 200.8 |  |  | ($0.03) |
Average dilutive effect of: |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | 0.5 |  |  | (0.01) |  |  |  |  | — |  |  | — |
Other equity plans |  |  | 0.5 |  |  | — |  |  |  |  | — |  |  | — |
Equity Forwards |  |  | 0.3 |  |  | — |  |  |  |  | — |  |  | — |
Diluted earnings (loss) per share | $159.7 |  |  | 204.7 |  |  | $0.78 |  |  | ($6.0) |  |  | 200.8 |  |  | ($0.03) |
The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the three months ended June 30, 2022 and approximately 1 million for the three months ended June 30, 2021. The following table presents Entergy’s basic and diluted earnings per share calculations included on the consolidated statements of operations:
| For the Six Months Ended June 30,
| 2022 |  | 2021
| (In Millions, Except Per Share Data)
| Income |  | Shares |  | $/share |  | Income |  | Shares |  | $/share
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Entergy Corporation | $436.1 |  |  | 203.2 |  |  | $2.15 |  |  | $328.6 |  |  | 200.7 |  |  | $1.64 |
Average dilutive effect of: |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | 0.5 |  |  | (0.01) |  |  |  |  | 0.4 |  |  | (0.01) |
Other equity plans |  |  | 0.4 |  |  | (0.01) |  |  |  |  | 0.3 |  |  | — |
Equity forwards |  |  | 0.2 |  |  | — |  |  |  |  | — |  |  | — |
Diluted earnings per share | $436.1 |  |  | 204.3 |  |  | $2.13 |  |  | $328.6 |  |  | 201.4 |  |  | $1.63 |
The number of stock options not included in the calculation of diluted common shares outstanding due to their antidilutive effect was approximately 0.9 million for the six months ended June 30, 2022 and approximately 1 million for the six months ended June 30, 2021.
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2022 by component:
| Cash flow hedges net unrealized gain (loss) |  | Pension and other postretirement liabilities |  | Net unrealized investment gain (loss) |  | Total Accumulated Other Comprehensive Income (Loss)
| (In Thousands)
Beginning balance, April 1, 2022 | ($1,011) |  |  | ($330,319) |  |  | ($5,248) |  |  | ($336,578) |
Other comprehensive income (loss) before reclassifications | (14) |  |  | — |  |  | 4,101 |  |  | 4,087 |
Amounts reclassified from accumulated other comprehensive income | 38 |  |  | 6,045 |  |  | 2,370 |  |  | 8,453 |
Net other comprehensive income for the period | 24 |  |  | 6,045 |  |  | 6,471 |  |  | 12,540 |
Ending balance, June 30, 2022 | ($987) |  |  | ($324,274) |  |  | $1,223 |  |  | ($324,038) |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended June 30, 2021 by component:
| Cash flow hedges net unrealized gain (loss) |  | Pension and other postretirement liabilities |  | Net unrealized investment gain (loss) |  |  |  | Total Accumulated Other Comprehensive Income (Loss)
| (In Thousands)
Beginning balance, April 1, 2021 | ($861) |  |  | ($511,609) |  |  | $11,963 |  |  |  |  | ($500,507) |
Other comprehensive income (loss) before reclassifications | (14) |  |  | — |  |  | 648 |  |  |  |  | 634 |
Amounts reclassified from accumulated other comprehensive income (loss) | (208) |  |  | 22,098 |  |  | (756) |  |  |  |  | 21,134 |
Net other comprehensive income (loss) for the period | (222) |  |  | 22,098 |  |  | (108) |  |  |  |  | 21,768 |
Ending balance, June 30, 2021 | ($1,083) |  |  | ($489,511) |  |  | $11,855 |  |  |  |  | ($478,739) |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2022 by component:
| Cash flow hedges net unrealized gain (loss) |  | Pension and other postretirement liabilities |  | Net unrealized investment gain (loss) |  | Total Accumulated Other Comprehensive Income (Loss)
| (In Thousands)
Beginning balance, January 1, 2022 | ($1,035) |  |  | ($338,647) |  |  | $7,154 |  |  | ($332,528) |
Other comprehensive income (loss) before reclassifications | (29) |  |  | — |  |  | (11,774) |  |  | (11,803) |
Amounts reclassified from accumulated other comprehensive income (loss) | 77 |  |  | 14,373 |  |  | 5,843 |  |  | 20,293 |
Net other comprehensive income (loss) for the period | 48 |  |  | 14,373 |  |  | (5,931) |  |  | 8,490 |
Ending balance, June 30, 2022 | ($987) |  |  | ($324,274) |  |  | $1,223 |  |  | ($324,038) |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the six months ended June 30, 2021 by component:
| Cash flow hedges net unrealized gain (loss) |  | Pension and other postretirement liabilities |  | Net unrealized investment gain (loss) |  |  |  | Total Accumulated Other Comprehensive Income (Loss)
| (In Thousands)
Beginning balance, January 1, 2021 | $28,719 |  |  | ($534,576) |  |  | $56,650 |  |  |  |  | ($449,207) |
Other comprehensive income (loss) before reclassifications | 1,467 |  |  | — |  |  | (44,653) |  |  |  |  | (43,186) |
Amounts reclassified from accumulated other comprehensive income (loss) | (31,269) |  |  | 45,065 |  |  | (142) |  |  |  |  | 13,654 |
Net other comprehensive income (loss) for the period | (29,802) |  |  | 45,065 |  |  | (44,795) |  |  |  |  | (29,532) |
Ending balance, June 30, 2021 | ($1,083) |  |  | ($489,511) |  |  | $11,855 |  |  |  |  | ($478,739) |
Reclassification out of Accumulated Other Comprehensive Income | Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the three months ended June 30, 2022 and 2021 were as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2022 |  | 2021 |  |
| (In Thousands) |  |
Cash flow hedges net unrealized gain (loss) |  |  |  |  |
Power contracts | $— |  |  | $312 |  |  | Competitive business operating revenues
Interest rate swaps | (48) |  |  | (48) |  |  | Miscellaneous - net
Total realized gain (loss) on cash flow hedges | (48) |  |  | 264 |  |  |
Income taxes | 10 |  |  | (56) |  |  | Income taxes
Total realized gain (loss) on cash flow hedges (net of tax) | ($38) |  |  | $208 |  |  |
Pension and other postretirement liabilities |  |  |  |  |
Amortization of prior-service credit | $3,837 |  |  | $5,248 |  |  | (a)
Amortization of loss | (10,979) |  |  | (27,534) |  |  | (a)
Settlement loss | (545) |  |  | (6,043) |  |  | (a)
Total amortization | (7,687) |  |  | (28,329) |  |  |
Income taxes | 1,642 |  |  | 6,231 |  |  | Income taxes
Total amortization (net of tax) | ($6,045) |  |  | ($22,098) |  |  |
Net unrealized investment gain (loss) |  |  |  |  |
Realized gain (loss) | ($3,750) |  |  | $1,196 |  |  | Interest and investment income
Income taxes | 1,380 |  |  | (440) |  |  | Income taxes
Total realized investment gain (loss) (net of tax) | ($2,370) |  |  | $756 |  |  |
Total reclassifications for the period (net of tax) | ($8,453) |  |  | ($21,134) |  |  |
(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy for the six months ended June 30, 2022 and 2021 were as follows:
| Amounts reclassified from AOCI |  | Income Statement Location
| 2022 |  | 2021 |  |
| (In Thousands) |  |
Cash flow hedges net unrealized gain (loss) |  |  |  |  |
Power contracts | $— |  |  | $39,679 |  |  | Competitive business operating revenues
Interest rate swaps | (97) |  |  | (97) |  |  | Miscellaneous - net
Total realized gain (loss) on cash flow hedges | (97) |  |  | 39,582 |  |  |
Income taxes | 20 |  |  | (8,313) |  |  | Income taxes
Total realized gain (loss) on cash flow hedges (net of tax) | ($77) |  |  | $31,269 |  |  |
Pension and other postretirement liabilities |  |  |  |  |
Amortization of prior-service credit | $7,674 |  |  | $10,496 |  |  | (a)
Amortization of loss | (24,904) |  |  | (62,063) |  |  | (a)
Settlement loss | (1,327) |  |  | (6,043) |  |  | (a)
Total amortization | (18,557) |  |  | (57,610) |  |  |
Income taxes | 4,184 |  |  | 12,545 |  |  | Income taxes
Total amortization (net of tax) | ($14,373) |  |  | ($45,065) |  |  |
Net unrealized investment gain (loss) |  |  |  |  |
Realized gain (loss) | ($9,245) |  |  | $224 |  |  | Interest and investment income
Income taxes | 3,402 |  |  | (82) |  |  | Income taxes
Total realized investment gain (loss) (net of tax) | ($5,843) |  |  | $142 |  |  |
Total reclassifications for the period (net of tax) | ($20,293) |  |  | ($13,654) |  |  |
(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member] |
Schedule of noncontrolling interest | The dollar value of noncontrolling interest for Entergy Louisiana as of June 30, 2022 and December 31, 2021 is presented below:
| 2022 |  | 2021
| (In Thousands)
Entergy Louisiana Noncontrolling Interest |  |  |
Restoration Law Trust I (a) | $31,894 |  |  | $— |
Total Noncontrolling Interest | $31,894 |  |  | $— |
(a)Restoration Law Trust I was established as part of the Act 293 securitization of Entergy Louisiana’s Hurricane Laura, Hurricane Delta, Hurricane Zeta, and Winter Storm Uri restoration costs, as well as to establish a storm reserve to fund a portion of Hurricane Ida storm restoration costs. Restoration Law Trust I holds preferred membership interests issued by Entergy Finance Company and Entergy Finance Company is required to make annual distributions (dividends) on the preferred membership interests. These annual dividends paid on the Entergy Finance Company preferred membership interests will be distributed 1% to the LURC and 99% to Entergy Louisiana. Entergy Louisiana, as the primary beneficiary, consolidates Restoration Law Trust I and the LURC’s 1% beneficial interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Louisiana and Entergy. See Note 2 to the financial statements herein for a discussion of the Entergy Louisiana securitization.
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the three months ended June 30, 2022 and 2021:
|  | Pension and Other Postretirement Liabilities
|  | 2022 |  | 2021
|  | (In Thousands)
Beginning balance, April 1, |  | $7,665 |  |  | $3,920 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (491) |  |  | 588 |
Net other comprehensive income (loss) for the period |  | (491) |  |  | 588 |
Ending balance, June 30, |  | $7,174 |  |  | $4,508 |
The following table presents changes in accumulated other comprehensive income (loss) for Entergy Louisiana for the six months ended June 30, 2022 and 2021:
|  | Pension and Other Postretirement Liabilities
|  | 2022 |  | 2021
|  | (In Thousands)
Beginning balance, January 1, |  | $8,278 |  |  | $4,327 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (1,104) |  |  | 181 |
Net other comprehensive income (loss) for the period |  | (1,104) |  |  | 181 |
Ending balance, June 30, |  | $7,174 |  |  | $4,508 |
Reclassification out of Accumulated Other Comprehensive Income | Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the three months ended June 30, 2022 and 2021 were as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2022 |  | 2021 |  |
|  | (In Thousands) |  |
Pension and other postretirement liabilities |  |  |  |  |  |
Amortization of prior-service credit |  | $1,158 |  |  | $1,230 |  |  | (a)
Amortization of loss |  | (308) |  |  | (626) |  |  | (a)
Settlement loss |  | (178) |  |  | (1,400) |  |  | (a)
Total amortization |  | 672 |  |  | (796) |  |  |
Income taxes |  | (181) |  |  | 208 |  |  | Income taxes
Total amortization (net of tax) |  | 491 |  |  | (588) |  |  |
Total reclassifications for the period (net of tax) |  | $491 |  |  | ($588) |  |  |
(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details. Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) into income for Entergy Louisiana for the six months ended June 30, 2022 and 2021 were as follows:
|  | Amounts reclassified from AOCI |  | Income Statement Location
|  | 2022 |  | 2021 |  |
|  | (In Thousands) |  |
Pension and other postretirement liabilities |  |  |  |  |  |
Amortization of prior-service credit |  | $2,316 |  |  | $2,460 |  |  | (a)
Amortization of loss |  | (627) |  |  | (1,305) |  |  | (a)
Settlement loss |  | (178) |  |  | (1,400) |  |  | (a)
Total amortization |  | 1,511 |  |  | (245) |  |  |
Income taxes |  | (407) |  |  | 64 |  |  | Income taxes
Total amortization (net of tax) |  | 1,104 |  |  | (181) |  |  |
Total reclassifications for the period (net of tax) |  | $1,104 |  |  | ($181) |  |  |
(a)These accumulated other comprehensive income (loss) components were included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Entergy Mississippi [Member] |
Schedule of noncontrolling interest | The dollar value of noncontrolling interest for Entergy Mississippi as of June 30, 2022 and December 31, 2021 is presented below:
| 2022 |  | 2021
| (In Thousands)
Entergy Mississippi Noncontrolling Interest |  |  |
MS Sunflower Partnership, LLC (a) | $9,595 |  |  | $— |
Total Noncontrolling Interest | $9,595 |  |  | $— |
(a)In May 2022, MS Sunflower Partnership, LLC, a tax equity partnership between Entergy Mississippi and a tax equity investor, made the initial payment for the purchase of the Sunflower Solar facility. A final payment will be made upon substantial completion of the facility and is currently expected in third quarter 2022. Entergy Mississippi, as the managing member, consolidates MS Sunflower Partnership, LLC and the tax equity investor’s interest is shown as noncontrolling interest in the consolidated financial statements for Entergy Mississippi and Entergy. Entergy Mississippi uses the HLBV method of accounting for income or loss allocation to the tax equity investor’s noncontrolling interest. See Note 1 to the financial statements in the Form 10-K for further discussion of the HLBV method of accounting used to account for Entergy Arkansas’s investment in AR Searcy Partnership, LLC which is the basis for treatment of Entergy Mississippi’s investment in MS Sunflower Partnership, LLC.

X
- Definition Schedule of Noncontrolling Interest + References No definition available. + Details
Name: | etr_ScheduleOfNoncontrollingInterestTableTextBlock
Namespace Prefix: | etr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=etr_EntergyLouisianaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=etr_EntergyMississippiMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |