ENTERGY TEXAS, INC., 10-Q filed on 5/1/2025
Quarterly Report
v3.25.1
Document and Entity Information
3 Months Ended
Mar. 31, 2025
shares
Registrant Name ENTERGY CORPORATION
City Area Code 504
Local Phone Number 576-4000
Entity Tax Identification Number 72-1229752
Entity File Number 1-11299
Central Index Key 0000065984
Document Type 10-Q
Document Period End Date Mar. 31, 2025
Amendment Flag false
Document Fiscal Year Focus 2025
Document Fiscal Period Focus Q1
Current Fiscal Year End Date --12-31
Entity Current Reporting Status Yes
Entity Filer Category Large Accelerated Filer
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 639 Loyola Avenue
Entity Address, City or Town New Orleans
Entity Address, State or Province LA
Entity Address, Postal Zip Code 70113
Entity Common Stock, Shares Outstanding 430,774,109
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Document Quarterly Report true
Document Transition Report false
NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol ETR
Security Exchange Name NYSE
Title of 12(b) Security Common Stock, $0.01 Par Value
NYSE CHICAGO, INC. [Member]  
Trading Symbol ETR
Title of 12(b) Security Common Stock, $0.01 Par Value
NYSE Texas  
Security Exchange Name CHX
Entergy Arkansas [Member]  
Registrant Name ENTERGY ARKANSAS, LLC
City Area Code 501
Local Phone Number 377-4000
Entity Tax Identification Number 83-1918668
Entity File Number 1-10764
Central Index Key 0000007323
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code TX
Entity Address, Address Line One 425 West Capitol Avenue
Entity Address, City or Town Little Rock
Entity Address, State or Province AR
Entity Address, Postal Zip Code 72201
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Entergy Louisiana [Member]  
Registrant Name ENTERGY LOUISIANA, LLC
City Area Code 504
Local Phone Number 576-4000
Entity Tax Identification Number 47-4469646
Entity File Number 1-32718
Central Index Key 0001348952
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code TX
Entity Address, Address Line One 4809 Jefferson Highway
Entity Address, City or Town Jefferson
Entity Address, State or Province LA
Entity Address, Postal Zip Code 70121
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Entergy Mississippi [Member]  
Registrant Name ENTERGY MISSISSIPPI, LLC
City Area Code 601
Local Phone Number 368-5000
Entity Tax Identification Number 83-1950019
Entity File Number 1-31508
Central Index Key 0000066901
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code TX
Entity Address, Address Line One 308 East Pearl Street
Entity Address, City or Town Jackson
Entity Address, State or Province MS
Entity Address, Postal Zip Code 39201
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Entergy New Orleans [Member]  
Registrant Name ENTERGY NEW ORLEANS, LLC
City Area Code 504
Local Phone Number 670-3702
Entity Tax Identification Number 82-2212934
Entity File Number 1-35747
Central Index Key 0000071508
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code TX
Entity Address, Address Line One 1600 Perdido Street
Entity Address, City or Town New Orleans
Entity Address, State or Province LA
Entity Address, Postal Zip Code 70112
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Entergy Texas [Member]  
Registrant Name ENTERGY TEXAS, INC.
City Area Code 409
Local Phone Number 981-2000
Entity Tax Identification Number 61-1435798
Entity File Number 1-34360
Central Index Key 0001427437
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code TX
Entity Address, Address Line One 2107 Research Forest Drive
Entity Address, City or Town The Woodlands
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77380
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Title of 12(g) Security Common Stock, no par value
System Energy [Member]  
Registrant Name SYSTEM ENERGY RESOURCES, INC.
City Area Code 601
Local Phone Number 368-5000
Entity Tax Identification Number 72-0752777
Entity File Number 1-09067
Central Index Key 0000202584
Entity Current Reporting Status Yes
Entity Filer Category Non-accelerated Filer
Entity Incorporation, State or Country Code AR
Entity Address, Address Line One 1340 Echelon Parkway
Entity Address, City or Town Jackson
Entity Address, State or Province MS
Entity Address, Postal Zip Code 39213
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Interactive Data Current Yes
Mortgage Bonds5.50% Series Due April 2066 [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol ENO
Security Exchange Name NYSE
Title of 12(b) Security Mortgage Bonds, 5.50% Series due April 2066
Mortgage Bonds 5.0% Series Due December 2052 [Member] | Entergy New Orleans [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol ENJ
Security Exchange Name NYSE
Title of 12(b) Security Mortgage Bonds, 5.0% Series due December 2052
Mortgage Bonds 4.90% Series Due October 2066 [Member] | Entergy Mississippi [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol EMP
Security Exchange Name NYSE
Title of 12(b) Security Mortgage Bonds, 4.90% Series due October 2066
Mortgage Bonds 4.875% Series Due September 2066 [Member] | Entergy Arkansas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol EAI
Security Exchange Name NYSE
Title of 12(b) Security Mortgage Bonds, 4.875% Series due September 2066
Mortgage Bonds 4.875% Series Due September 2066 [Member] | Entergy Louisiana [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol ELC
Security Exchange Name NYSE
Title of 12(b) Security Mortgage Bonds, 4.875% Series due September 2066
5.375% Series A Preferred Stock, Cumulative, No Par Value [Member] | Entergy Texas [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Trading Symbol ETI/PR
Security Exchange Name NYSE
Title of 12(b) Security 5.375% Series A Preferred Stock, Cumulative, No Par Value (Liquidation Value $25 Per Share)
v3.25.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues [Abstract]    
Revenues $ 2,846,874 $ 2,794,628
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 344,522 616,617
Utilities Operating Expense, Purchased Power 345,746 228,142
Nuclear Refueling Outage Expenses 33,041 38,263
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 672,667 687,031
Asset Impairment Charges 0 131,775
Accretion Expense, Including Asset Retirement Obligations 55,929 53,382
Taxes, Other 198,765 192,429
Cost, Depreciation and Amortization 512,943 499,661
Other Regulatory Charges (Credits) - Net (16,843) 109,346
Costs and Expenses, Total 2,146,770 2,556,646
Operating Income (Loss), Total 700,104 237,982
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 44,018 26,794
Investment Income, Net 33,406 150,697
Other Nonoperating Income (Expense) 14,726 (50,743)
Nonoperating Income (Expense), Total 92,150 126,748
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 348,384 277,743
Public Utilities, Allowance for Funds Used During Construction, Additions 18,593 10,543
Interest Expense, Nonoperating, Total 329,791 267,200
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 462,463 97,530
Income Tax Expense (Benefit) 100,041 20,994
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 362,422 76,536
Preferred dividend requirements of subsidiaries and net income (loss) attributable to noncontrolling interests 1,662 1,255
Net Income (Loss) Available to Common Stockholders, Basic, Total $ 360,760 $ 75,281
Earnings Per Share [Abstract]    
Earnings Per Share, Basic $ 0.84 $ 0.18
Earnings Per Share, Diluted $ 0.82 $ 0.18
Weighted Average Number of Shares Outstanding, Basic 430,347,768 426,287,439
Weighted Average Number of Shares Outstanding, Diluted 440,648,342 427,746,256
Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues $ 2,757,866 $ 2,706,506
Natural Gas, US Regulated [Member]    
Revenues [Abstract]    
Revenues 71,731 65,667
Product and Service, Other [Member]    
Revenues [Abstract]    
Revenues 17,277 22,455
Entergy Mississippi [Member]    
Revenues [Abstract]    
Revenues 423,709 414,856
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 26,051 117,850
Utilities Operating Expense, Purchased Power 87,511 67,655
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 78,800 71,206
Taxes, Other 43,510 38,310
Cost, Depreciation and Amortization 67,984 65,917
Other Regulatory Charges (Credits) - Net 35,587 (6,491)
Costs and Expenses, Total 339,443 354,447
Operating Income (Loss), Total 84,266 60,409
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 5,270 1,918
Investment Income, Net 2,317 193
Other Nonoperating Income (Expense) 4,094 (1,621)
Nonoperating Income (Expense), Total 11,681 490
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 36,180 26,397
Public Utilities, Allowance for Funds Used During Construction, Additions 2,016 747
Interest Expense, Nonoperating, Total 34,164 25,650
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 61,783 35,249
Income Tax Expense (Benefit) 14,917 7,817
Net Income (Loss) 49,345 29,734
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 46,866 27,432
Net Income (Loss) Attributable to Noncontrolling Interest (2,479) (2,302)
Entergy Mississippi [Member] | Noncontrolling Interest [Member]    
Interest Expense, Operating and Nonoperating [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total (2,479) (2,302)
Entergy Mississippi [Member] | Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues 423,709 414,856
Entergy Arkansas [Member]    
Revenues [Abstract]    
Revenues 613,511 622,045
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 47,559 106,439
Utilities Operating Expense, Purchased Power 64,947 52,320
Nuclear Refueling Outage Expenses 10,581 14,088
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 171,518 178,041
Asset Impairment Charges 0 131,775
Accretion Expense, Including Asset Retirement Obligations 24,622 22,647
Taxes, Other 35,981 36,224
Cost, Depreciation and Amortization 113,268 102,991
Other Regulatory Charges (Credits) - Net (5,117) 48,619
Costs and Expenses, Total 463,359 693,144
Operating Income (Loss), Total 150,152 (71,099)
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 4,262 5,532
Investment Income, Net 13,579 72,760
Other Nonoperating Income (Expense) (2,778) (3,581)
Nonoperating Income (Expense), Total 15,063 74,711
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 57,743 49,265
Public Utilities, Allowance for Funds Used During Construction, Additions 2,053 2,699
Interest Expense, Nonoperating, Total 55,690 46,566
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 109,525 (42,954)
Income Tax Expense (Benefit) 23,002 (10,674)
Net Income (Loss) 87,714 (30,462)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 86,523 (32,280)
Net Income (Loss) Attributable to Noncontrolling Interest (1,191) (1,818)
Entergy Arkansas [Member] | Noncontrolling Interest [Member]    
Interest Expense, Operating and Nonoperating [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total (1,191) (1,818)
Entergy Arkansas [Member] | Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues 613,511 622,045
Entergy Louisiana [Member]    
Revenues [Abstract]    
Revenues 1,301,547 1,202,440
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 213,852 240,087
Utilities Operating Expense, Purchased Power 261,788 200,280
Nuclear Refueling Outage Expenses 18,371 17,513
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 258,037 260,979
Accretion Expense, Including Asset Retirement Obligations 19,417 19,664
Taxes, Other 66,221 69,839
Cost, Depreciation and Amortization 197,622 189,544
Other Regulatory Charges (Credits) - Net (47,233) (8,354)
Costs and Expenses, Total 988,075 989,552
Operating Income (Loss), Total 313,472 212,888
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 15,206 7,285
Other Nonoperating Income (Expense) 17,071 (47,175)
Nonoperating Income (Expense), Total 109,936 103,477
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 121,334 97,195
Public Utilities, Allowance for Funds Used During Construction, Additions 6,185 2,477
Interest Expense, Nonoperating, Total 115,149 94,718
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 308,259 221,647
Income Tax Expense (Benefit) 54,062 38,924
Net Income (Loss) 253,445 181,928
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 254,197 182,723
Net Income (Loss) Attributable to Noncontrolling Interest 752 795
Entergy Louisiana [Member] | Noncontrolling Interest [Member]    
Interest Expense, Operating and Nonoperating [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 752 795
Entergy Louisiana [Member] | Affiliated Entity [Member]    
Nonoperating Income (Expense) [Abstract]    
Investment Income, Net 76,571 80,404
Entergy Louisiana [Member] | Nonrelated Party [Member]    
Nonoperating Income (Expense) [Abstract]    
Investment Income, Net 1,088 62,963
Entergy Louisiana [Member] | Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues 1,271,946 1,172,793
Entergy Louisiana [Member] | Natural Gas, US Regulated [Member]    
Revenues [Abstract]    
Revenues 29,601 29,647
Entergy New Orleans [Member]    
Revenues [Abstract]    
Revenues 181,055 192,961
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 12,363 30,825
Utilities Operating Expense, Purchased Power 67,741 60,382
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 38,658 43,332
Taxes, Other 14,893 15,422
Cost, Depreciation and Amortization 21,845 20,914
Other Regulatory Charges (Credits) - Net (3,430) 81,520
Costs and Expenses, Total 152,070 252,395
Operating Income (Loss), Total 28,985 (59,434)
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 306 378
Investment Income, Net 434 141
Other Nonoperating Income (Expense) (579) (29)
Nonoperating Income (Expense), Total 161 490
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 13,475 9,526
Public Utilities, Allowance for Funds Used During Construction, Additions 167 157
Interest Expense, Nonoperating, Total 13,308 9,369
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 15,838 (68,313)
Income Tax Expense (Benefit) 3,739 (19,333)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 12,099 (48,980)
Entergy New Orleans [Member] | Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues 138,925 156,941
Entergy New Orleans [Member] | Natural Gas, US Regulated [Member]    
Revenues [Abstract]    
Revenues 42,130 36,020
Entergy Texas [Member]    
Revenues [Abstract]    
Revenues 441,939 444,491
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 24,392 96,137
Utilities Operating Expense, Purchased Power 132,618 94,343
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 74,455 77,960
Taxes, Other 30,627 24,567
Cost, Depreciation and Amortization 80,680 89,505
Other Regulatory Charges (Credits) - Net 3,257 (975)
Costs and Expenses, Total 346,029 381,537
Operating Income (Loss), Total 95,910 62,954
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 17,372 9,248
Investment Income, Net 2,759 3,904
Other Nonoperating Income (Expense) (1,154) (2,312)
Nonoperating Income (Expense), Total 18,977 10,840
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 43,072 31,966
Public Utilities, Allowance for Funds Used During Construction, Additions 7,385 3,602
Interest Expense, Nonoperating, Total 35,687 28,364
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 79,200 45,430
Income Tax Expense (Benefit) 12,344 8,686
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 66,856 36,744
Preferred Stock Dividends, Income Statement Impact 518 518
Net Income (Loss) Available to Common Stockholders, Basic, Total 66,338 36,226
Entergy Texas [Member] | Electricity, US Regulated [Member]    
Revenues [Abstract]    
Revenues 441,939 444,491
System Energy [Member]    
Revenues [Abstract]    
Revenues 141,811 152,620
Operation and Maintenance:    
Utilities Operating Expense, Fuel Used 14,816 13,117
Nuclear Refueling Outage Expenses 4,090 6,661
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 43,479 51,423
Accretion Expense, Including Asset Retirement Obligations 11,144 10,707
Taxes, Other 6,804 7,209
Cost, Depreciation and Amortization 30,764 29,678
Other Regulatory Charges (Credits) - Net 93 (4,973)
Costs and Expenses, Total 111,190 113,822
Operating Income (Loss), Total 30,621 38,798
Nonoperating Income (Expense) [Abstract]    
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity 1,603 2,434
Investment Income, Net 12,439 7,973
Other Nonoperating Income (Expense) 237 237
Nonoperating Income (Expense), Total 14,279 10,644
Interest Expense, Operating and Nonoperating [Abstract]    
Interest Expense, Debt 16,022 11,171
Public Utilities, Allowance for Funds Used During Construction, Additions 787 859
Interest Expense, Nonoperating, Total 15,235 10,312
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 29,665 39,130
Income Tax Expense (Benefit) 6,276 8,012
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total $ 23,389 $ 31,118
v3.25.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 362,422 $ 76,536    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 622,566 600,412    
Deferred Income Taxes and Tax Credits 94,973 (20,656)    
Asset Impairment Charges 0 131,775    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables 51,477 107,921    
Increase (Decrease) in Fuel Inventories 3,261 5,387    
Increase (Decrease) in Accounts Payable (189,497) (287,418)    
Increase (Decrease) in Accrued Taxes Payable (95,589) (64,085)    
Increase (Decrease) in Interest Payable, Net 11,595 29,615    
Increase (Decrease) in Deferred Fuel Costs (277,236) 92,685    
Increase (Decrease) in Other Operating Assets and Liabilities, Net 111,305 (73,315)    
Provision for Other Losses (34,239) 9,283    
Increase (Decrease) in Other Regulatory Assets 154,818 237,098    
Increase (Decrease) in Regulatory Liabilities (201,803) 205,587    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (58,834) (76,343)    
Other Operating Activities, Cash Flow Statement (19,031) (453,390)    
Net Cash Provided by (Used in) Operating Activities, Total 536,188 521,092    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 1,660,169 961,152    
Allowance for Funds Used During Construction, Investing Activities 44,018 26,794    
Payments for Nuclear Fuel (88,557) (133,315)    
Payments for (Proceeds from) Productive Assets 1,282 172,614    
Payments for (Proceeds from) Other Investing Activities 472 (1,562)    
Proceeds from Decommissioning Trust Fund Assets 364,837 489,417    
Payments to Acquire Investments to be Held in Decommissioning Trust Fund (407,146) (521,237)    
Changes in securitization account (5,438) (8,934)    
Payments to storm reserve escrow accounts 4,448 5,269    
Receipts from storm reserve escrow accounts 43,789 0    
Payments for (Proceeds from) Other Investing Activities (472) 1,562    
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 3,546 0    
Net Cash Provided by (Used in) Investing Activities, Total (1,710,378) (1,287,872)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (2,447,850) (2,206,338)    
Proceeds from Sale of Treasury Stock 22,660 6,759    
Repayments of Long-Term Debt (852,754) (835,740)    
Dividends Paid [Abstract]        
Payments of Ordinary Dividends, Common Stock (258,249) (240,959)    
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 4,580 4,580    
Proceeds from (Payments for) Other Financing Activities 70,276 21,940    
Proceeds from (Repayments of) Short-Term Debt 402,694 775,333    
Net Cash Provided by (Used in) Financing Activities, Total 1,827,897 1,929,091    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 653,707 1,162,311    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 1,513,410 1,294,859 $ 859,703 $ 132,548
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 326,519 237,931    
Income Taxes Paid, Net (1,252) (316)    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 657,132 509,046    
Entergy Arkansas [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 86,523 (32,280)    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 159,997 144,309    
Deferred Income Taxes and Tax Credits 38,647 8,754    
Asset Impairment Charges 0 131,775    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables 20,884 27,640    
Increase (Decrease) in Fuel Inventories (6,636) (289)    
Increase (Decrease) in Accounts Payable (10,943) (36,137)    
Increase (Decrease) in Accrued Taxes Payable (1,370) 4,735    
Increase (Decrease) in Interest Payable, Net 25,947 16,868    
Increase (Decrease) in Deferred Fuel Costs (42,248) 18,179    
Increase (Decrease) in Other Operating Assets and Liabilities, Net (1,447) 13,059    
Provision for Other Losses 4,441 4,387    
Increase (Decrease) in Other Regulatory Assets 10,149 197,825    
Increase (Decrease) in Regulatory Liabilities (47,940) 21,357    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (13,269) (15,541)    
Other Operating Activities, Cash Flow Statement 34,442 (217,390)    
Net Cash Provided by (Used in) Operating Activities, Total 257,177 287,251    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 156,345 180,227    
Allowance for Funds Used During Construction, Investing Activities 4,262 5,532    
Payments for Nuclear Fuel (28,000) (44,445)    
Payments for (Proceeds from) Productive Assets 1,282 169,694    
Proceeds from Nuclear Fuel 40,260 33,213    
Change in money pool receivable - net (9,608) (8,505)    
Payments for (Proceeds from) Other Investing Activities 51 30    
Proceeds from Decommissioning Trust Fund Assets 23,272 204,049    
Payments to Acquire Investments to be Held in Decommissioning Trust Fund (33,721) (211,342)    
Payments for (Proceeds from) Other Investing Activities (51) (30)    
Net Cash Provided by (Used in) Investing Activities, Total (161,111) (371,389)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (17,607) (179,937)    
Repayments of Long-Term Debt (34,905) (180,405)    
Proceeds from Contributions from Parent 0 275,000    
Change in money pool payable - net (15,190) (145,385)    
Dividends Paid [Abstract]        
Proceeds from (Payments for) Other Financing Activities (13,265) (3,074)    
Net Cash Provided by (Used in) Financing Activities, Total (45,753) 126,073    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 50,313 41,935    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 55,060 45,567 4,747 3,632
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 31,134 31,793    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 51,028 35,791    
Entergy Louisiana [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 254,197 182,723    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 235,886 226,874    
Deferred Income Taxes and Tax Credits 154,018 126,334    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables (30,919) 39,860    
Increase (Decrease) in Fuel Inventories 2,458 4,236    
Increase (Decrease) in Accounts Payable (15,853) (109,430)    
Increase (Decrease) in Accrued Taxes Payable (57,828) (26,684)    
Increase (Decrease) in Interest Payable, Net (47,251) (9,995)    
Increase (Decrease) in Deferred Fuel Costs (120,941) 6,940    
Increase (Decrease) in Other Operating Assets and Liabilities, Net (6,688) (101,798)    
Provision for Other Losses (25,824) 5,497    
Increase (Decrease) in Other Regulatory Assets 65,140 11,834    
Increase (Decrease) in Regulatory Liabilities (101,039) 51,414    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (10,612) (12,466)    
Other Operating Activities, Cash Flow Statement (21,609) (90,503)    
Net Cash Provided by (Used in) Operating Activities, Total 273,135 304,836    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 658,846 327,980    
Allowance for Funds Used During Construction, Investing Activities 15,206 7,285    
Proceeds from Sale of Productive Assets 366 0    
Payments for Nuclear Fuel (112,379) (48,914)    
Proceeds from Nuclear Fuel 0 38,790    
Change in money pool receivable - net (39,137) (218,098)    
Redemption of preferred membership interests of affiliate 88,022 85,027    
Payments for (Proceeds from) Other Investing Activities 0 35    
Proceeds from Decommissioning Trust Fund Assets 158,694 149,334    
Payments to Acquire Investments to be Held in Decommissioning Trust Fund (178,871) (166,123)    
Payments to storm reserve escrow accounts 2,728 3,299    
Receipts from storm reserve escrow accounts 33,456 0    
Payments for (Proceeds from) Other Investing Activities 0 (35)    
Net Cash Provided by (Used in) Investing Activities, Total (696,217) (483,943)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (1,088,338) (1,693,150)    
Repayments of Long-Term Debt (551,009) (513,009)    
Change in money pool payable - net 0 (156,166)    
Dividends Paid [Abstract]        
Proceeds from (Payments for) Other Financing Activities (12,854) 23,059    
Net Cash Provided by (Used in) Financing Activities, Total 488,225 949,534    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 65,143 770,427    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 392,245 773,199 327,102 2,772
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 166,286 105,176    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 251,166 84,035    
Distribution Made to Limited Liability Company (LLC) Member, Cash Distributions Paid (36,250) (97,500)    
Entergy Mississippi [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 46,866 27,432    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 67,984 65,917    
Deferred Income Taxes and Tax Credits (42,852) (9,162)    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables 12,853 36,151    
Increase (Decrease) in Fuel Inventories 2,142 (1,012)    
Increase (Decrease) in Accounts Payable (33,483) (15,691)    
Increase (Decrease) in Accrued Taxes Payable (45,531) (75,046)    
Increase (Decrease) in Interest Payable, Net 16,507 5,960    
Increase (Decrease) in Deferred Fuel Costs (46,363) 28,337    
Increase (Decrease) in Other Operating Assets and Liabilities, Net 75,700 (6,853)    
Provision for Other Losses (2,411) (977)    
Increase (Decrease) in Other Regulatory Assets 38,417 (3,166)    
Increase (Decrease) in Regulatory Liabilities 11,034 (2,701)    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (3,654) (6,014)    
Other Operating Activities, Cash Flow Statement 22,896 (8,774)    
Net Cash Provided by (Used in) Operating Activities, Total 120,105 34,401    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 342,980 114,260    
Allowance for Funds Used During Construction, Investing Activities 5,270 1,918    
Change in money pool receivable - net (94,314) 0    
Payments for (Proceeds from) Other Investing Activities (40) (94)    
Payments for (Proceeds from) Other Investing Activities 40 94    
Net Cash Provided by (Used in) Investing Activities, Total (432,064) (112,436)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (593,201) (99,860)    
Proceeds from Contributions from Parent 62,500 0    
Change in money pool payable - net 0 (17,549)    
Dividends Paid [Abstract]        
Proceeds from (Payments for) Other Financing Activities 98,722 (8,781)    
Net Cash Provided by (Used in) Financing Activities, Total 754,423 73,530    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 442,464 (4,505)    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 598,157 2,125 155,693 6,630
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 19,084 19,838    
Income Taxes Paid, Net 0 2,353    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 129,085 43,943    
Entergy New Orleans [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 12,099 (48,980)    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 21,845 20,914    
Deferred Income Taxes and Tax Credits (31,821) (25,534)    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables 10,089 (89,009)    
Increase (Decrease) in Fuel Inventories 156 638    
Increase (Decrease) in Accounts Payable (10,252) (19,282)    
Increase (Decrease) in Accrued Taxes Payable 35,139 8,632    
Increase (Decrease) in Interest Payable, Net 2,436 1,132    
Increase (Decrease) in Deferred Fuel Costs (10,659) 369    
Increase (Decrease) in Other Operating Assets and Liabilities, Net (12,165) (10,924)    
Provision for Other Losses (10,339) 1,758    
Increase (Decrease) in Other Regulatory Assets 6,058 9,257    
Increase (Decrease) in Regulatory Liabilities (11,514) 166,532    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (2,637) (1,896)    
Other Operating Activities, Cash Flow Statement 4,154 (4,468)    
Net Cash Provided by (Used in) Operating Activities, Total 2,589 9,139    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 32,915 32,418    
Allowance for Funds Used During Construction, Investing Activities 306 378    
Change in money pool receivable - net 597 0    
Changes in securitization account 698 (2,976)    
Payments to storm reserve escrow accounts 870 1,877    
Receipts from storm reserve escrow accounts 10,333 0    
Net Cash Provided by (Used in) Investing Activities, Total (21,851) (36,893)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (79,717) 0    
Repayments of Long-Term Debt (78,000) 0    
Change in money pool payable - net 0 28,125    
Dividends Paid [Abstract]        
Proceeds from (Payments for) Other Financing Activities (306) (371)    
Net Cash Provided by (Used in) Financing Activities, Total 1,411 27,754    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (17,851) 0    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 13,926 26 31,777 26
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 10,795 8,047    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 3,550 4,941    
Entergy Texas [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 66,856 36,744    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 80,680 89,505    
Deferred Income Taxes and Tax Credits 7,183 1,438    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables 23,273 13,059    
Increase (Decrease) in Fuel Inventories 5,551 1,009    
Increase (Decrease) in Accounts Payable 12,130 (17,830)    
Increase (Decrease) in Accrued Taxes Payable (39,088) (28,917)    
Increase (Decrease) in Interest Payable, Net (22,416) 5,287    
Increase (Decrease) in Deferred Fuel Costs (57,024) 38,863    
Increase (Decrease) in Other Operating Assets and Liabilities, Net 19 (11,186)    
Provision for Other Losses (560) (1,358)    
Increase (Decrease) in Other Regulatory Assets 27,907 24,181    
Increase (Decrease) in Regulatory Liabilities (6,314) (7,959)    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (4,037) (4,648)    
Other Operating Activities, Cash Flow Statement (32,366) (27,281)    
Net Cash Provided by (Used in) Operating Activities, Total 61,794 110,907    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 416,045 235,625    
Allowance for Funds Used During Construction, Investing Activities 17,372 9,248    
Change in money pool receivable - net (36,177) 267,638    
Payments for (Proceeds from) Other Investing Activities 0 (1,000)    
Changes in securitization account (6,135) (5,958)    
Payments for (Proceeds from) Other Investing Activities 0 1,000    
Net Cash Provided by (Used in) Investing Activities, Total (440,985) 34,303    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (494,300) 0    
Dividends Paid [Abstract]        
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 518 518    
Proceeds from (Payments for) Other Financing Activities (1,453) 11,258    
Net Cash Provided by (Used in) Financing Activities, Total 492,329 10,740    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 113,138 155,950    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 298,135 177,936 184,997 21,986
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 64,646 25,940    
Income Taxes Paid, Net 0 2,447    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid 198,271 276,548    
System Energy [Member]        
Net Cash Provided by (Used in) Operating Activities [Abstract]        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 23,389 31,118    
Consolidated Net Income Adjustments To Reconcile Consolidated Net Income To Net Cash Flow [Abstract]        
Depreciation, Amortization and Accretion, Net 54,649 51,714    
Deferred Income Taxes and Tax Credits 2,480 11,452    
Changes In Working Capital [Abstract]        
Increase (Decrease) in Receivables (5,944) 8,832    
Increase (Decrease) in Accounts Payable (23,848) 116,460    
Increase (Decrease) in Accrued Taxes Payable (11,689) (14,091)    
Increase (Decrease) in Interest Payable, Net 5,517 883    
Increase (Decrease) in Other Operating Assets and Liabilities, Net 963 (25,431)    
Increase (Decrease) in Other Regulatory Assets 2,695 (5,358)    
Increase (Decrease) in Regulatory Liabilities (45,323) (23,057)    
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (3,799) (3,806)    
Other Operating Activities, Cash Flow Statement 46,074 (78,377)    
Net Cash Provided by (Used in) Operating Activities, Total 45,164 70,339    
Net Cash Provided by (Used in) Investing Activities [Abstract]        
Payments to Acquire Property, Plant, and Equipment 26,431 39,563    
Allowance for Funds Used During Construction, Investing Activities 1,603 2,434    
Payments for Nuclear Fuel (20,123) (111,959)    
Proceeds from Nuclear Fuel 31,686 0    
Change in money pool receivable - net 2,408 (31,456)    
Payments for (Proceeds from) Other Investing Activities 0 23    
Proceeds from Decommissioning Trust Fund Assets 182,871 136,035    
Payments to Acquire Investments to be Held in Decommissioning Trust Fund (194,554) (143,773)    
Payments for (Proceeds from) Other Investing Activities 0 (23)    
Net Cash Provided by (Used in) Investing Activities, Total (22,540) (188,259)    
Proceeds From Issuance Of [Abstract]        
Proceeds from Issuance of Long-Term Debt (174,877) (233,933)    
Repayments of Long-Term Debt (188,840) (142,326)    
Proceeds from Contributions from Parent 0 150,000    
Change in money pool payable - net 0 (12,246)    
Dividends Paid [Abstract]        
Payments of Ordinary Dividends, Common Stock (35,000) 0    
Net Cash Provided by (Used in) Financing Activities, Total (48,963) 229,361    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (26,339) 111,441    
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 2,569 111,501 $ 28,908 $ 60
Cash Paid Received During Period For [Abstract]        
Interest Paid, Excluding Capitalized Interest, Operating Activities 10,378 10,357    
Income Taxes Paid, Net 0 (2,326)    
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Capital Expenditures Incurred but Not yet Paid $ 5,424 $ 48,856    
v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Cash and Cash Equivalents [Abstract]    
Cash $ 69,157 $ 48,424
Cash Equivalents, at Carrying Value 1,444,253 811,279
Cash and Cash Equivalents, at Carrying Value, Total 1,513,410 859,703
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 741,254 681,504
Accounts Receivable, Allowance for Credit Loss, Current (17,638) (17,919)
Other Receivables 154,986 204,868
Unbilled Receivables, Current 460,320 521,946
Accounts and Other Receivables, Net, Current 1,338,922 1,390,399
Deferred Fuel Cost 125,490 0
Energy Related Inventory 164,134 166,408
Public Utilities, Inventory 1,539,551 1,631,056
Prepaid Expense and Other Assets, Current 316,659 233,212
Deferred Nuclear Refueling Outage Costs 98,324 99,885
Assets, Current, Total 5,112,388 4,396,237
Assets, Noncurrent [Abstract]    
Decommissioning Fund Investments 5,446,731 5,562,575
Property, Plant and Equipment, Net 467,020 423,764
Asset Recovery Damaged Property Costs, Noncurrent 300,269 340,460
Other Long-Term Investments 82,896 82,344
Long-Term Investments, Total 6,296,916 6,409,143
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 71,237,319 70,818,667
Public Utilities, Property, Plant and Equipment, Natural Gas 77,529 77,054
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 4,422,150 3,206,308
Public Utilities, Property, Plant and Equipment, Fuel 728,969 765,661
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 76,465,967 74,867,690
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 27,792,637 27,444,740
Public Utilities, Property, Plant and Equipment, Net, Total 48,673,330 47,422,950
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 5,101,032 5,255,509
Deferred Fuel Cost, Noncurrent 172,201 172,201
Goodwill 367,696 367,625
Deferred Income Tax Assets, Net 25,759 18,986
Other Assets, Noncurrent 403,872 284,584
Deferred Costs and Other Assets 6,537,775 6,561,702
Assets, Total 66,620,409 64,790,032
Liabilities, Current [Abstract]    
Long-Term Debt, Current Maturities 1,330,112 1,378,090
Short-Term Debt 1,329,985 927,291
Accounts Payable, Current 1,809,891 1,929,162
Contract with Customer, Refund Liability, Current 468,584 462,436
Taxes Payable, Current 360,233 457,093
Interest Payable, Current 271,149 259,554
Deferred Fuel Costs Current Liabilities 85,110 237,146
Liability, Defined Benefit Plan, Current 63,156 64,854
Other Liabilities, Current 482,035 395,411
Liabilities, Current, Total 6,200,255 6,111,037
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 4,586,943 4,467,748
Accumulated Deferred Investment Tax Credit 191,997 194,146
Regulatory Liability For Income Taxes - Net 1,148,896 1,168,078
Regulatory Liability, Noncurrent 3,425,277 3,609,463
Asset Retirement Obligations, Noncurrent 4,765,021 4,713,426
Loss Contingency Accrual 471,824 506,063
Liability, Defined Benefit Plan, Noncurrent 215,740 254,704
Long-Term Debt, Excluding Current Maturities 28,264,879 26,613,505
Deferred Credits and Other Liabilities 1,151,265 1,112,881
Liabilities, Noncurrent, Total 44,918,344 43,274,601
Commitments and Contingencies
Temporary Equity, Carrying Amount, Attributable to Parent 219,410 219,410
Common Shareholders Equity [Abstract]    
Preferred Stock, Value, Issued 0 0
Common Stock, Value, Issued 5,620 5,620
Additional Paid in Capital, Common Stock 7,792,748 7,833,525
Retained Earnings (Accumulated Deficit) 12,116,826 12,014,315
Accumulated Other Comprehensive Income (Loss), Net of Tax 39,040 42,769
Treasury Stock, Value 4,768,923 4,812,321
Equity, Attributable to Parent, Total 15,185,311 15,083,908
Equity, Attributable to Noncontrolling Interest 97,089 101,076
Equity, Including Portion Attributable to Noncontrolling Interest, Total 15,282,400 15,184,984
Liabilities and Equity, Total 66,620,409 64,790,032
Customer advances for construction, noncurrent 696,502 634,587
Disposal Group, Including Discontinued Operation, Assets, Current 15,898 15,574
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 467,215 462,797
Entergy Arkansas [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 154 1,306
Cash Equivalents, at Carrying Value 54,906 3,441
Cash and Cash Equivalents, at Carrying Value, Total 55,060 4,747
Accounts Receivable [Abstract]    
Accounts Receivable, Allowance for Credit Loss, Current (4,947) (4,672)
Other Receivables 57,008 70,927
Unbilled Receivables, Current 102,383 125,824
Accounts and Other Receivables, Net, Current 355,449 366,725
Energy Related Inventory 56,573 49,937
Public Utilities, Inventory 394,613 384,238
Prepaid Expense and Other Assets, Current 45,215 41,404
Deferred Nuclear Refueling Outage Costs 37,611 48,879
Assets, Current, Total 944,521 895,930
Assets, Noncurrent [Abstract]    
Decommissioning Fund Investments 1,571,159 1,604,428
Other Long-Term Investments 796 797
Long-Term Investments, Total 1,571,955 1,605,225
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 16,407,844 16,371,182
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 434,808 320,447
Public Utilities, Property, Plant and Equipment, Fuel 200,749 257,533
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 17,043,401 16,949,162
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 6,367,812 6,275,150
Public Utilities, Property, Plant and Equipment, Net, Total 10,675,589 10,674,012
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 1,689,961 1,700,110
Other Assets, Noncurrent 210,061 198,706
Deferred Costs and Other Assets 1,900,022 1,898,816
Assets, Total 15,092,087 15,073,983
Liabilities, Current [Abstract]    
Contract with Customer, Refund Liability, Current 131,951 129,267
Taxes Payable, Current 91,845 93,215
Interest Payable, Current 64,324 38,377
Deferred Fuel Costs Current Liabilities 2,910 45,158
Other Liabilities, Current 54,834 55,313
Liabilities, Current, Total 605,446 656,507
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 1,529,054 1,489,169
Accumulated Deferred Investment Tax Credit 25,769 26,069
Regulatory Liability For Income Taxes - Net 420,275 417,561
Regulatory Liability, Noncurrent 780,511 831,165
Asset Retirement Obligations, Noncurrent 1,716,205 1,691,583
Loss Contingency Accrual 80,920 76,479
Long-Term Debt, Excluding Current Maturities 5,107,853 5,122,494
Deferred Credits and Other Liabilities 275,707 298,951
Liabilities, Noncurrent, Total 9,936,294 9,953,471
Commitments and Contingencies
Common Shareholders Equity [Abstract]    
Members' Equity 4,536,551 4,448,837
Equity, Attributable to Noncontrolling Interest 13,796 15,168
Equity, Including Portion Attributable to Noncontrolling Interest, Total 4,550,347 4,464,005
Liabilities and Equity, Total 15,092,087 15,073,983
Entergy Arkansas [Member] | Affiliated Entity [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 47,076 35,412
Liabilities, Current [Abstract]    
Accounts Payable, Current 39,988 85,137
Entergy Arkansas [Member] | Nonrelated Party [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 153,929 139,234
Liabilities, Current [Abstract]    
Accounts Payable, Current 219,594 210,040
Entergy Louisiana [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 211 327
Cash Equivalents, at Carrying Value 392,034 326,775
Cash and Cash Equivalents, at Carrying Value, Total 392,245 327,102
Accounts Receivable [Abstract]    
Accounts Receivable, Allowance for Credit Loss, Current (3,148) (3,036)
Other Receivables 40,755 39,056
Unbilled Receivables, Current 195,155 213,026
Accounts and Other Receivables, Net, Current 716,246 646,190
Deferred Fuel Cost 113,571 0
Energy Related Inventory 46,957 49,515
Public Utilities, Inventory 680,242 782,459
Prepaid Expense and Other Assets, Current 181,405 84,236
Deferred Nuclear Refueling Outage Costs 44,786 31,121
Prepaid Taxes 30,081 0
Assets, Current, Total 2,210,213 1,923,097
Assets, Noncurrent [Abstract]    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 4,168,974 4,256,997
Decommissioning Fund Investments 2,378,235 2,429,088
Property, Plant and Equipment, Net 453,908 410,611
Asset Recovery Damaged Property Costs, Noncurrent 225,990 256,718
Other Long-Term Investments 9,831 9,749
Long-Term Investments, Total 7,236,938 7,363,163
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 29,010,385 28,736,547
Public Utilities, Property, Plant and Equipment, Natural Gas 34,133 33,775
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 1,217,409 761,090
Public Utilities, Property, Plant and Equipment, Fuel 350,069 288,084
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 30,611,996 29,819,496
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 10,894,148 10,794,817
Public Utilities, Property, Plant and Equipment, Net, Total 19,717,848 19,024,679
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 1,572,870 1,637,967
Deferred Fuel Cost, Noncurrent 168,122 168,122
Other Assets, Noncurrent 76,176 57,853
Deferred Costs and Other Assets 1,993,747 2,037,611
Assets, Total 31,158,746 30,348,550
Liabilities, Current [Abstract]    
Long-Term Debt, Current Maturities 250,000 300,000
Contract with Customer, Refund Liability, Current 170,677 169,544
Taxes Payable, Current 0 29,002
Interest Payable, Current 72,935 120,186
Deferred Fuel Costs Current Liabilities 0 5,421
Other Liabilities, Current 92,939 96,426
Liabilities, Current, Total 1,471,597 1,514,016
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 2,649,356 2,477,954
Accumulated Deferred Investment Tax Credit 87,553 88,679
Regulatory Liability For Income Taxes - Net 343,434 355,432
Regulatory Liability, Noncurrent 1,602,433 1,692,547
Asset Retirement Obligations, Noncurrent 1,861,362 1,842,855
Loss Contingency Accrual 253,799 279,623
Liability, Defined Benefit Plan, Noncurrent 155,012 160,577
Long-Term Debt, Excluding Current Maturities 10,155,643 9,566,453
Deferred Credits and Other Liabilities 481,753 479,178
Liabilities, Noncurrent, Total 17,871,679 17,235,140
Commitments and Contingencies
Common Shareholders Equity [Abstract]    
Members' Equity 11,720,213 11,503,030
Equity, Attributable to Noncontrolling Interest 42,570 42,706
Accumulated Other Comprehensive Income (Loss), Net of Tax 52,687 53,658
Equity, Including Portion Attributable to Noncontrolling Interest, Total 11,815,470 11,599,394
Liabilities and Equity, Total 31,158,746 30,348,550
Customer Advances, Current Liabilities 150,967 151,662
Customer advances for construction, noncurrent 281,334 291,842
Disposal Group, Including Discontinued Operation, Assets, Current 4,680 2,474
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 176,579 173,669
Entergy Louisiana [Member] | Affiliated Entity [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 153,893 103,055
Liabilities, Current [Abstract]    
Accounts Payable, Current 64,963 108,688
Entergy Louisiana [Member] | Nonrelated Party [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 329,591 294,089
Liabilities, Current [Abstract]    
Accounts Payable, Current 669,116 533,087
Entergy Mississippi [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 141 184
Cash Equivalents, at Carrying Value 598,016 155,509
Cash and Cash Equivalents, at Carrying Value, Total 598,157 155,693
Accounts Receivable [Abstract]    
Accounts Receivable, Allowance for Credit Loss, Current (2,074) (2,172)
Other Receivables 12,121 25,148
Unbilled Receivables, Current 66,051 75,740
Accounts and Other Receivables, Net, Current 301,695 220,234
Energy Related Inventory 12,821 14,963
Public Utilities, Inventory 113,838 113,256
Prepaid Expense and Other Assets, Current 51,825 19,764
Assets, Current, Total 1,078,336 523,910
Assets, Noncurrent [Abstract]    
Property, Plant and Equipment, Net 4,478 4,482
Other Long-Term Investments 920 880
Long-Term Investments, Total 5,398 5,362
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 7,916,942 7,860,409
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 739,110 487,273
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 8,656,052 8,347,682
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 2,551,210 2,511,091
Public Utilities, Property, Plant and Equipment, Net, Total 6,104,842 5,836,591
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 487,430 525,847
Other Assets, Noncurrent 104,509 97,260
Deferred Costs and Other Assets 591,939 623,107
Assets, Total 7,780,515 6,988,970
Liabilities, Current [Abstract]    
Contract with Customer, Refund Liability, Current 96,819 94,009
Taxes Payable, Current 133,493 179,024
Interest Payable, Current 37,174 20,667
Deferred Fuel Costs Current Liabilities 79,953 126,316
Other Liabilities, Current 19,493 20,720
Liabilities, Current, Total 775,420 782,578
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 831,951 870,116
Accumulated Deferred Investment Tax Credit 13,340 13,446
Regulatory Liability For Income Taxes - Net 178,278 180,851
Regulatory Liability, Noncurrent 73,151 59,544
Asset Retirement Obligations, Noncurrent 25,460 25,110
Loss Contingency Accrual 44,789 47,200
Long-Term Debt, Excluding Current Maturities 3,020,618 2,427,073
Deferred Credits and Other Liabilities 87,126 61,446
Liabilities, Noncurrent, Total 4,486,741 3,797,404
Commitments and Contingencies
Common Shareholders Equity [Abstract]    
Members' Equity 2,512,631 2,400,786
Equity, Attributable to Noncontrolling Interest 5,723 8,202
Equity, Including Portion Attributable to Noncontrolling Interest, Total 2,518,354 2,408,988
Liabilities and Equity, Total 7,780,515 6,988,970
Customer Advances, Current Liabilities 106,494 0
Customer advances for construction, noncurrent 212,028 112,618
Entergy Mississippi [Member] | Affiliated Entity [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 116,538 23,909
Liabilities, Current [Abstract]    
Accounts Payable, Current 53,243 58,087
Entergy Mississippi [Member] | Nonrelated Party [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 109,059 97,609
Liabilities, Current [Abstract]    
Accounts Payable, Current 248,751 283,755
Entergy New Orleans [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 34 374
Cash Equivalents, at Carrying Value 13,892 31,403
Cash and Cash Equivalents, at Carrying Value, Total 13,926 31,777
Other Restricted Assets, Current 913 1,611
Accounts Receivable [Abstract]    
Accounts Receivable, Allowance for Credit Loss, Current (6,343) (6,735)
Other Receivables 3,733 9,467
Unbilled Receivables, Current 27,199 33,296
Accounts and Other Receivables, Net, Current 96,917 107,603
Deferred Fuel Cost 11,918 0
Energy Related Inventory 1,251 320
Public Utilities, Inventory 28,244 25,516
Prepaid Expense and Other Assets, Current 19,834 12,128
Assets, Current, Total 184,221 192,055
Assets, Noncurrent [Abstract]    
Asset Recovery Damaged Property Costs, Noncurrent 74,279 83,742
Other Long-Term Investments 832 832
Long-Term Investments, Total 75,111 84,574
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 2,156,506 2,160,165
Public Utilities, Property, Plant and Equipment, Natural Gas 43,396 43,279
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 36,501 18,269
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 2,236,403 2,221,713
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 778,749 768,305
Public Utilities, Property, Plant and Equipment, Net, Total 1,457,654 1,453,408
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 127,473 133,261
Deferred Fuel Cost, Noncurrent 4,080 4,080
Other Assets, Noncurrent 74,782 71,037
Deferred Costs and Other Assets 492,652 493,116
Assets, Total 2,209,638 2,223,153
Liabilities, Current [Abstract]    
Long-Term Debt, Current Maturities 80,000 78,000
Contract with Customer, Refund Liability, Current 28,905 28,834
Taxes Payable, Current 43,909 8,786
Interest Payable, Current 11,107 8,671
Deferred Fuel Costs Current Liabilities 0 980
Other Liabilities, Current 14,096 14,427
Liabilities, Current, Total 258,819 230,067
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 170,511 201,541
Accumulated Deferred Investment Tax Credit 15,591 15,617
Regulatory Liability For Income Taxes - Net 14,934 15,000
Regulatory Liability, Noncurrent 248,372 260,312
Loss Contingency Accrual 79,954 90,293
Long-Term Debt, Excluding Current Maturities 650,351 650,463
Deferred Credits and Other Liabilities 55,542 56,395
Liabilities, Noncurrent, Total 1,241,119 1,295,485
Commitments and Contingencies
Common Shareholders Equity [Abstract]    
Members' Equity 709,700 697,601
Equity, Including Portion Attributable to Noncontrolling Interest, Total 709,700 697,601
Liabilities and Equity, Total 2,209,638 2,223,153
Disposal Group, Including Discontinued Operation, Assets, Current 11,218 13,100
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 286,317 284,738
Entergy New Orleans [Member] | Affiliated Entity [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 4,440 5,844
Liabilities, Current [Abstract]    
Notes Payable, Current 1,140 1,140
Accounts Payable, Current 44,413 45,479
Liabilities, Noncurrent [Abstract]    
Notes Payable, Noncurrent 5,864 5,864
Entergy New Orleans [Member] | Nonrelated Party [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 67,888 65,731
Liabilities, Current [Abstract]    
Accounts Payable, Current 35,249 43,750
Entergy Texas [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 120 291
Cash Equivalents, at Carrying Value 298,015 184,706
Cash and Cash Equivalents, at Carrying Value, Total 298,135 184,997
Other Restricted Assets, Current 8,838 2,703
Accounts Receivable [Abstract]    
Accounts Receivable, Allowance for Credit Loss, Current (1,126) (1,304)
Other Receivables 30,535 43,773
Unbilled Receivables, Current 69,532 74,060
Accounts and Other Receivables, Net, Current 240,839 227,935
Energy Related Inventory 40,419 45,970
Public Utilities, Inventory 155,043 157,241
Prepaid Expense and Other Assets, Current 33,146 34,803
Assets, Current, Total 776,420 653,649
Assets, Noncurrent [Abstract]    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 96 107
Other Long-Term Investments 15,968 15,878
Long-Term Investments, Total 16,064 15,985
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 8,692,564 8,628,625
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 1,841,353 1,513,170
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 10,533,917 10,141,795
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 2,609,736 2,548,961
Public Utilities, Property, Plant and Equipment, Net, Total 7,924,181 7,592,834
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 521,801 549,708
Other Assets, Noncurrent 176,574 157,904
Deferred Costs and Other Assets 698,375 707,612
Assets, Total 9,415,040 8,970,080
Liabilities, Current [Abstract]    
Contract with Customer, Refund Liability, Current 40,232 40,782
Taxes Payable, Current 37,385 76,474
Interest Payable, Current 16,287 38,703
Deferred Fuel Costs Current Liabilities 2,247 59,271
Other Liabilities, Current 17,577 20,836
Liabilities, Current, Total 552,248 662,805
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 885,116 868,849
Accumulated Deferred Investment Tax Credit 7,028 7,215
Regulatory Liability For Income Taxes - Net 87,909 93,766
Regulatory Liability, Noncurrent 18,248 18,705
Asset Retirement Obligations, Noncurrent 14,498 17,688
Loss Contingency Accrual 9,425 9,985
Long-Term Debt, Excluding Current Maturities 4,047,376 3,552,443
Deferred Credits and Other Liabilities 385,642 397,412
Liabilities, Noncurrent, Total 5,455,242 4,966,063
Commitments and Contingencies
Common Stock, No Par Value $ 0 $ 0
Common Shareholders Equity [Abstract]    
Preferred Stock, Value, Issued $ 38,750 $ 38,750
Common Stock, Value, Issued 49,452 49,452
Additional Paid in Capital, Common Stock 1,200,125 1,200,125
Retained Earnings (Accumulated Deficit) 2,119,223 2,052,885
Equity, Attributable to Parent, Total 3,368,800 3,302,462
Equity, Including Portion Attributable to Noncontrolling Interest, Total 3,407,550 3,341,212
Liabilities and Equity, Total 9,415,040 8,970,080
Entergy Texas [Member] | Affiliated Entity [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 61,111 26,564
Liabilities, Current [Abstract]    
Accounts Payable, Current 58,411 65,335
Entergy Texas [Member] | Nonrelated Party [Member]    
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 80,787 84,842
Liabilities, Current [Abstract]    
Accounts Payable, Current 380,109 361,404
System Energy [Member]    
Cash and Cash Equivalents [Abstract]    
Cash 155 448
Cash Equivalents, at Carrying Value 2,414 28,460
Cash and Cash Equivalents, at Carrying Value, Total 2,569 28,908
Accounts Receivable [Abstract]    
Accounts Receivable, before Allowance for Credit Loss, Current 53,122 48,134
Other Receivables 3,973 5,425
Accounts and Other Receivables, Net, Current 57,095 53,559
Public Utilities, Inventory 163,069 163,814
Prepaid Expense and Other Assets, Current 9,515 5,768
Deferred Nuclear Refueling Outage Costs 15,927 19,884
Assets, Current, Total 248,175 271,933
Assets, Noncurrent [Abstract]    
Decommissioning Fund Investments 1,497,337 1,529,059
Long-Term Investments, Total 1,497,337 1,529,059
Public Utilities, Property, Plant and Equipment, Net [Abstract]    
Public Utilities, Property, Plant and Equipment, Electric 5,667,176 5,668,253
Public Utilities, Property, Plant and Equipment, Construction Work in Progress 110,883 85,127
Public Utilities, Property, Plant and Equipment, Fuel 178,151 220,044
Public Utilities, Property, Plant and Equipment, Plant in Service, Total 5,956,210 5,973,424
Public Utilities, Property, Plant and Equipment, Accumulated Depreciation 3,608,136 3,578,709
Public Utilities, Property, Plant and Equipment, Net, Total 2,348,074 2,394,715
Regulatory Asset [Abstract]    
Regulatory Asset, Noncurrent 423,799 426,494
Other Assets, Noncurrent 22,033 20,273
Deferred Costs and Other Assets 445,832 446,767
Assets, Total 4,539,418 4,642,474
Liabilities, Current [Abstract]    
Long-Term Debt, Current Maturities 200,112 200,090
Taxes Payable, Current 4,163 15,852
Interest Payable, Current 18,859 13,342
Other Liabilities, Current 4,475 4,473
Liabilities, Current, Total 250,265 297,251
Liabilities, Noncurrent [Abstract]    
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 456,917 451,830
Accumulated Deferred Investment Tax Credit 42,614 42,984
Regulatory Liability For Income Taxes - Net 104,065 105,467
Regulatory Liability, Noncurrent 703,269 747,190
Asset Retirement Obligations, Noncurrent 1,138,857 1,127,712
Liability, Defined Benefit Plan, Noncurrent 6,316 8,353
Long-Term Debt, Excluding Current Maturities 876,685 889,646
Deferred Credits and Other Liabilities 2 2
Liabilities, Noncurrent, Total 3,328,725 3,373,184
Commitments and Contingencies
Common Stock, No Par Value $ 0 $ 0
Common Shareholders Equity [Abstract]    
Common Stock, Value, Issued $ 938,944 $ 958,944
Retained Earnings (Accumulated Deficit) 21,484 13,095
Equity, Including Portion Attributable to Noncontrolling Interest, Total 960,428 972,039
Liabilities and Equity, Total 4,539,418 4,642,474
System Energy [Member] | Affiliated Entity [Member]    
Liabilities, Current [Abstract]    
Accounts Payable, Current 5,248 18,477
System Energy [Member] | Nonrelated Party [Member]    
Liabilities, Current [Abstract]    
Accounts Payable, Current $ 17,408 $ 45,017
v3.25.1
Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 362,422 $ 76,536
Other Comprehensive Income (Loss), Net of Tax [Abstract]    
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 3,729 3,668
Other Comprehensive Income (Loss), Net of Tax, Total (3,729) (3,668)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total 358,693 72,868
Preferred dividend requirements of subsidiaries and net income (loss) attributable to noncontrolling interests 1,662 1,255
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total 357,031 71,613
Entergy Louisiana [Member]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 254,197 182,723
Other Comprehensive Income (Loss), Net of Tax [Abstract]    
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 971 2,024
Other Comprehensive Income (Loss), Net of Tax, Total (971) (2,024)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest, Total 253,226 180,699
Net Income (Loss) Attributable to Noncontrolling Interest 752 795
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total 252,474 179,904
Entergy Arkansas [Member]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 86,523 (32,280)
Other Comprehensive Income (Loss), Net of Tax [Abstract]    
Net Income (Loss) Attributable to Noncontrolling Interest (1,191) (1,818)
System Energy [Member]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 23,389 $ 31,118
v3.25.1
Consolidated Statements Of Changes In Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Common Stock [Member]
Treasury Stock, Common [Member]
Subsidiaries Preferred Stock and Noncontrolling Interests [Member]
Entergy Texas [Member]
Entergy Texas [Member]
Additional Paid-in Capital [Member]
Entergy Texas [Member]
Retained Earnings [Member]
Entergy Texas [Member]
Common Stock [Member]
Entergy Texas [Member]
Preferred Stock [Member]
Entergy Mississippi [Member]
Entergy Mississippi [Member]
Noncontrolling Interest [Member]
Entergy Mississippi [Member]
Member Units
Entergy Arkansas [Member]
Entergy Arkansas [Member]
Noncontrolling Interest [Member]
Entergy Arkansas [Member]
Member Units
Entergy Louisiana [Member]
Entergy Louisiana [Member]
Restoration Law Trust II [Member]
Entergy Finance Company [Member]
Entergy Louisiana [Member]
AOCI Attributable to Parent [Member]
Entergy Louisiana [Member]
Noncontrolling Interest [Member]
Entergy Louisiana [Member]
Member Units
Entergy New Orleans [Member]
System Energy [Member]
System Energy [Member]
Retained Earnings [Member]
System Energy [Member]
Common Stock [Member]
Entergy Corporation [Member]
Equity, Including Portion Attributable to Noncontrolling Interest $ 14,743,106 $ 7,792,601 $ 11,940,384 $ (162,460) $ 5,620 $ (4,953,498) $ 120,459 $ 3,118,662 $ 1,200,125 $ 1,830,335 $ 49,452 $ 38,750 $ 2,208,214 $ 18,753 $ 2,189,461 $ 3,760,670 $ 21,599 $ 3,739,071 $ 11,573,519   $ 54,798 $ 45,107 $ 11,473,614   $ 888,539 $ (28,311) $ 916,850  
Members' Equity                                               $ 806,754        
Dividends, Preferred Stock, Cash 4,580           4,580 518   518                                   $ 4,000
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 76,536   75,281       1,255 36,744   36,744     27,432 (2,302) 29,734 (32,280) (1,818) (30,462) 182,723     795 181,928 (48,980) 31,118 31,118    
Capital Contribution from Parent                               275,000   275,000             150,000   150,000  
Common equity distributions                                     97,500       97,500          
Dividends, Common Stock, Cash (240,959)   (240,959)                                                  
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders $ (1,108)           (1,108)                 (250) (250)   (858)     (858)            
Common Stock, Dividends, Per Share, Declared $ 0.57                                                      
Payments of Ordinary Dividends, Preferred Stock and Preference Stock $ (4,580)             (518)                                        
Net Income (Loss) Attributable to Noncontrolling Interest                         (2,302)     (1,818)     795                  
Other Comprehensive Income (Loss), Net of Tax (3,668)     (3,668)                             (2,024)   (2,024)              
Proceeds from Contributions from Parent                         0     275,000                 150,000      
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture (5,039) 25,842       (30,881)                                            
Stockholders' Equity, Other                                     (43)       (43)          
Noncash Capital Contribution from Parent                                     976       976          
Equity, Including Portion Attributable to Noncontrolling Interest 14,574,366 7,766,759 11,774,706 (166,128) 5,620 (4,922,617) 116,026 3,154,888 1,200,125 1,866,561 49,452 38,750 2,235,646 16,451 2,219,195 4,003,140 19,531 3,983,609 11,656,793   52,774 45,044 11,558,975   1,069,657 2,807 1,066,850  
Members' Equity                                               757,774        
Equity, Including Portion Attributable to Noncontrolling Interest 15,184,984 7,833,525 12,014,315 42,769 5,620 (4,812,321) 101,076 3,341,212 1,200,125 2,052,885 49,452 38,750 2,408,988 8,202 2,400,786 4,464,005 15,168 4,448,837 11,599,394   53,658 42,706 11,503,030 697,601 972,039 13,095 958,944  
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value                                       $ 1,400,000                
Members' Equity                         2,400,786     4,448,837     11,503,030         697,601        
Dividends, Preferred Stock, Cash 4,580           4,580 518   518                                   $ 4,000
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 362,422   360,760       1,662 66,856   66,856     46,866 (2,479) 49,345 86,523 (1,191) 87,714 254,197     752 253,445 12,099 23,389 23,389    
Capital Contribution from Parent                         62,500   62,500                          
Dividends, Common Stock                                                 35,000 15,000 20,000  
Common equity distributions                                     36,250       36,250          
Dividends, Common Stock, Cash (258,249)   (258,249)                                                  
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders $ (1,069)           (1,069)                 (181) (181)   (888)     (888)            
Common Stock, Dividends, Per Share, Declared $ 0.60                                                      
Payments of Ordinary Dividends, Preferred Stock and Preference Stock $ (4,580)             (518)                                        
Net Income (Loss) Attributable to Noncontrolling Interest                         (2,479)     (1,191)     752                  
Other Comprehensive Income (Loss), Net of Tax (3,729)     (3,729)                             (971)   (971)              
Proceeds from Contributions from Parent                         62,500     0                 0      
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture (2,621) 40,777       (43,398)                                            
Stockholders' Equity, Other                                     (12)       (12)          
Equity, Including Portion Attributable to Noncontrolling Interest $ 15,282,400 $ 7,792,748 $ 12,116,826 $ 39,040 $ 5,620 $ (4,768,923) $ 97,089 $ 3,407,550 $ 1,200,125 $ 2,119,223 $ 49,452 $ 38,750 2,518,354 $ 5,723 $ 2,512,631 4,550,347 $ 13,796 $ 4,536,551 11,815,470   $ 52,687 $ 42,570 $ 11,720,213 709,700 $ 960,428 $ 21,484 $ 938,944  
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value                                       $ 1,400,000                
Members' Equity                         $ 2,512,631     $ 4,536,551     $ 11,720,213         $ 709,700        
v3.25.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Securitized Regulatory Transition Assets, Noncurrent $ 230,065 $ 234,112
Long-Term Transition Bond, Noncurrent $ 239,713 $ 239,622
Preferred Stock, Shares Issued 0 0
Preferred Stock, Shares Authorized 1,000,000 1,000,000
Preferred Stock, No Par Value $ 0 $ 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 998,000,000 998,000,000
Common Stock, Shares, Issued 561,950,696 561,950,696
Treasury Stock, Common, Shares 131,176,587 132,370,280
Disposal Group, Including Discontinued Operation, Assets, Current $ 15,898 $ 15,574
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 467,215 462,797
Entergy Texas [Member]    
Securitized Regulatory Transition Assets, Noncurrent 230,065 234,112
Long-Term Transition Bond, Noncurrent $ 239,713 $ 239,622
Common Stock, Shares Authorized 200,000,000 200,000,000
Common Stock, Shares, Issued 46,525,000 46,525,000
Common Stock, Shares, Outstanding 46,525,000 46,525,000
Common Stock, No Par Value $ 0 $ 0
Entergy New Orleans [Member]    
Disposal Group, Including Discontinued Operation, Assets, Current $ 11,218 $ 13,100
Disposal Group, Including Discontinued Operation, Assets, Noncurrent $ 286,317 $ 284,738
System Energy [Member]    
Common Stock, Shares Authorized 1,000,000 1,000,000
Common Stock, Shares, Issued 789,350 789,350
Common Stock, Shares, Outstanding 789,350 789,350
Common Stock, No Par Value $ 0 $ 0
v3.25.1
Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax $ 2,284 $ 1,202
Entergy Louisiana [Member]    
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax $ 1,884 $ 746
v3.25.1
Commitments and Contingencies
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
Entergy Arkansas [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
Entergy Louisiana [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
Entergy Mississippi [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
Entergy New Orleans [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
Entergy Texas [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
System Energy [Member]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy and the Registrant Subsidiaries are involved in a number of legal, regulatory, and tax proceedings before various courts, regulatory authorities, and governmental agencies in the ordinary course of business.  While management is unable to predict with certainty the outcome of such proceedings, management does not believe that the ultimate resolution of these matters will have a material adverse effect on Entergy’s results of operations, cash flows, or financial condition, except as otherwise discussed in the Form 10-K or in this report.  Entergy discusses regulatory proceedings in Note 2 to the financial statements in the Form 10-K and herein and discusses tax proceedings in Note 3 to the financial statements in the Form 10-K and Note 10 to the financial statements herein.

Vidalia Purchased Power Agreement

See Note 8 to the financial statements in the Form 10-K for information on Entergy Louisiana’s Vidalia purchased power agreement.

Spent Nuclear Fuel Litigation

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s spent nuclear fuel litigation. The following is an update to that discussion.

As discussed in the Form 10-K, in October 2024 the U.S. Court of Federal Claims issued a final judgment in the amount of $7 million in favor of Holtec Palisades, LLC (previously Entergy Nuclear Palisades) and against the DOE in the final round Palisades damages case. Holtec, as the current owner, received payment from the U.S. Treasury in March 2025 and subsequently transferred the $7 million judgment to Entergy. The effect in 2024 of recording the judgment was a reduction to asset write-offs, impairments, and related charges (credits). The damages awarded included $4 million related to costs previously recorded as plant and $3 million related to costs previously recorded as other operation and maintenance expenses.

Nuclear Insurance

See Note 8 to the financial statements in the Form 10-K for information on nuclear liability and property insurance associated with Entergy’s nuclear power plants.

Non-Nuclear Property Insurance

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s non-nuclear property insurance program.

Employment and Labor-related Proceedings

See Note 8 to the financial statements in the Form 10-K for information on Entergy’s employment and labor-related proceedings.

Asbestos Litigation (Entergy Arkansas, Entergy Louisiana, Entergy New Orleans, and Entergy Texas)

See Note 8 to the financial statements in the Form 10-K for information regarding asbestos litigation.
Grand Gulf-Related Agreements

See Note 8 to the financial statements in the Form 10-K for information regarding Grand Gulf-related agreements, including the Unit Power Sales Agreement, the Availability Agreement, and the Reallocation Agreement.

Exclusivity Agreement with Major Vendor

Entergy entered into an exclusivity agreement with a major vendor to manufacture power island equipment (PIE) and combustion turbines (CT) for combustion turbine generator set frames larger than 400 MWs. The agreement guarantees Entergy one manufacturing slot per quarter for the shorter of a five-year period or until Entergy fulfills its minimum commitment. The agreement commits Entergy to a minimum order of 15 sets of PIE and two CTs during that time period. The commitments are fully transferable to any of the Utility operating companies, including those not listed below. The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152

Cancellation or failure to purchase the minimum commitment amounts will result in a charge that will be allocated to the Utility operating company, or companies, that fell short of their original commitment amount. If any of the Utility operating companies included above purchases any PIEs or CTs within the scope of the agreement from another supplier (except as permitted under the agreement), then the vendor has the right to terminate the agreement with respect to such Utility operating company. The Utility operating company would then be obligated to pay 50% of the base price for each PIE or CT not yet ordered.

The agreement does not establish final pricing and delivery dates of purchases that will go towards meeting the commitments under the agreement. Such terms shall be agreed to in separate agreements.
v3.25.1
Rate And Regulatory Matters
3 Months Ended
Mar. 31, 2025
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
Entergy Arkansas [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
Entergy Louisiana [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
Entergy Mississippi [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
Entergy New Orleans [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
Entergy Texas [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
System Energy [Member]  
Public Utilities Disclosure [Text Block] RATE AND REGULATORY MATTERS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Regulatory Assets and Regulatory Liabilities

See Note 2 to the financial statements in the Form 10-K for information regarding regulatory assets and regulatory liabilities in the Utility business presented on the balance sheets of Entergy and the Registrant Subsidiaries.  The following are updates to that discussion.

Fuel and purchased power cost recovery

Entergy Arkansas

Energy Cost Recovery Rider

In March 2025, Entergy Arkansas filed its annual redetermination of its energy cost rate pursuant to the energy cost recovery rider, which reflected an increase in the rate from $0.00882 per kWh to $0.01333 per kWh. The annual redetermination included a credit related to the remaining balance due to retail customers from the System Energy settlement with the APSC, plus carrying charges and interest. See “Retail Rate Proceedings - Filings with the APSC (Entergy Arkansas) - Retail Rates - Grand Gulf Credit Rider” below for further discussion. The primary reason for the rate increase is an adjustment to account for projected increases in natural gas prices in 2025. This adjustment is expected to reduce the rate change that will be reflected in its 2026 energy cost rate redetermination. The redetermined rate of $0.01333 per kWh became effective with the first billing cycle in April 2025 through the normal operation of the tariff.

Entergy Louisiana

As discussed in the Form 10-K, in January 2023 the LPSC staff provided notice of an audit of Entergy Louisiana’s purchased gas adjustment clause filings. The audit includes a review of the reasonableness of charges flowed through Entergy Louisiana’s purchased gas adjustment clause for the period from 2021 through 2022. In April 2025 the LPSC staff issued its audit report (for Entergy Louisiana’s gas operations), which included several prospective recommendations but no financial disallowances. The next procedural step is for the LPSC to review the report; however there is no deadline for completion of the LPSC’s review.

Retail Rate Proceedings

See Note 2 to the financial statements in the Form 10-K for information regarding retail rate proceedings involving the Utility operating companies. The following are updates to that discussion.

Filings with the APSC (Entergy Arkansas)

Retail Rates

Grand Gulf Credit Rider

As discussed in the Form 10-K, in June 2024, Entergy Arkansas filed with the APSC a tariff to provide retail customers a credit resulting from the terms of the settlement agreement between Entergy Arkansas, System Energy, additional named Entergy parties, and the APSC pertaining to System Energy’s billings for wholesale sales of energy and capacity from the Grand Gulf nuclear plant. SeeComplaints Against System Energy - System Energy Settlement with the APSC” in Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement with the APSC. In July 2024 the APSC approved the tariff, under which Entergy Arkansas would refund to retail customers a total of $100.6 million. Entergy Arkansas refunded $92.3 million of
the total through one-time bill credits under the Grand Gulf credit rider during the August 2024 billing cycle. In March 2025, Entergy Arkansas included the remaining balance as a credit to retail customers in its energy cost recovery rider rate redetermination filing. See further discussion within "Regulatory Assets and Regulatory Liabilities - Fuel and purchased power cost recovery - Entergy Arkansas - Energy Cost Recovery Rider" above. In April 2025 the APSC approved Entergy Arkansas’s proposal to include the remaining balance in its energy cost recovery rider effective with the first billing cycle of April 2025 and the withdrawal of the Grand Gulf credit rider after all credits have been issued.

Filings with the LPSC (Entergy Louisiana)

Retail Rates - Electric

2023 Formula Rate Plan Filing

As discussed in the Form 10-K, in August 2024, pursuant to the global stipulated settlement agreement, Entergy Louisiana filed its formula rate plan evaluation report for its 2023 calendar year operations. Consistent with the global stipulated settlement agreement, the filing reflected a 9.7% allowed return on common equity with a bandwidth of 40 basis points above and below the midpoint. For the 2023 test year, however, the bandwidth provisions of the formula rate plan are temporarily suspended and, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana implemented the September 2024 formula rate plan rate adjustments effective with the first billing cycle of September 2024. In January 2025, Entergy Louisiana and the LPSC filed a joint report indicating that no disputed issues remained in the proceeding and requesting that the LPSC issue an order accepting Entergy Louisiana’s evaluation report and, ultimately, resolving this matter. In March 2025 the LPSC issued an order accepting the evaluation report.

In December 2024, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed an interim rate adjustment for the 2023 test year reflecting the return of $25.1 million of refunds from the System Energy settlement with the LPSC to customers from January through August 2025. In February 2025, pursuant to the terms of the global stipulated settlement agreement, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting the divestiture of Entergy Louisiana’s share of Grand Gulf capacity and energy, which was effective as of January 1, 2025. The second interim rate adjustment also reflected a revenue increase of $17.8 million for the recovery of Hurricane Francine costs as approved by the LPSC (on an interim basis). The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the Hurricane Francine proceeding in “Storm Cost Recovery Filings with Retail RegulatorsEntergy Louisiana – Hurricane Francine” below. See Note 8 to the financial statements in the Form 10-K for discussion of Entergy Louisiana’s divestiture from the Unit Power Sales Agreement.

Additional Generation and Transmission Resources

As discussed in the Form 10-K, in October 2024, Entergy Louisiana filed an application with the LPSC seeking approval of a variety of generation and transmission resources proposed in connection with establishing service to a new data center to be developed by a subsidiary of Meta Platforms, Inc. in north Louisiana, for which an electric service agreement has been executed. The filing requests LPSC certification of three new combined cycle combustion turbine generation resources totaling 2,262 MW, each of which will be enabled for future carbon capture and storage, a new 500 kV transmission line, and 500 kV substation upgrades. The application also requests approval to implement a corporate sustainability rider applicable to the new customer. The corporate sustainability rider contemplates the new customer contributing to the costs of the future addition of 1,500 MW of new solar and energy storage resources, agreements involving carbon capture and storage at Entergy Louisiana’s existing Lake Charles Power Station, and potential future wind and nuclear resources. Entergy Louisiana anticipates funding the incremental cost to serve the customer through direct financial contributions from the customer and the revenues it expects to earn under the electric service agreement. The electric service agreement also contains provisions for termination payments that will help ensure that there is no harm to Entergy Louisiana and its customers in the event
of early termination. A directive was issued at the LPSC’s November 2024 meeting for the matter to be decided by October 2025. In February 2025 intervenors filed a motion asking the LPSC to deny Entergy Louisiana’s requested exemption from the LPSC’s order addressing competitive solicitation procedures and further asking the LPSC to dismiss the application. The ALJ issued an order denying the motion to dismiss the application and deferring the LPSC’s consideration of the motion regarding the competitive solicitation procedures until the hearing. In March 2025 the same intervenors filed a motion requesting the LPSC to require the customer and its parent company to be joined as parties to the proceeding or dismiss the application. In April 2025 the ALJ issued an order denying the March 2025 motion, and the moving parties filed a motion asking the LPSC to review and reverse the ALJ’s decision. In April 2025 the LPSC staff and intervenors filed direct testimony. The LPSC staff’s testimony discusses the significant projected benefits associated with the data center project and also recommends that the LPSC impose certain conditions on its approval, including a condition that would require, under specified circumstances, certain sharing of net revenues from service to the project with Entergy Louisiana’s other customers. The LPSC staff also recommends that the LPSC deny approval of the corporate sustainability rider terms providing for the customer to supply funding toward the cost of installing carbon capture and storage infrastructure at Entergy Louisiana’s Lake Charles Power Station. The Louisiana Energy Users Group and other intervenors recommended that the LPSC require various changes to the terms of the electric service agreement with the customer that would shift additional risk and cost to the customer rather than Entergy Louisiana’s broader customer base. Certain intervenors also challenged approval on the basis that Entergy Louisiana did not conduct a request for proposals to procure the proposed generation resources to serve the customer’s project; these intervenors also advocate that Entergy Louisiana be required to procure more renewable generation and evaluate transmission alternatives rather than proceeding with development of all of the proposed new generation resources. Entergy Louisiana’s rebuttal testimony is due in May 2025, and a hearing is set for July 2025.

Filings with the MPSC (Entergy Mississippi)

Retail Rates

2025 Formula Rate Plan Filing

In February 2025, Entergy Mississippi submitted its formula rate plan 2025 test year filing and 2024 look-back filing showing Entergy Mississippi’s earned return on rate base for the historical 2024 calendar year to be within the formula rate plan bandwidth and projected earned return for the 2025 calendar year to also be within the formula rate plan bandwidth. The 2025 test year filing resulted in an earned return on rate base of 7.64% and reflected no change in formula rate plan revenues. The 2024 look-back filing compared actual 2024 results to the approved benchmark return on rate base and reflected no change in formula rate plan revenues, although Entergy Mississippi proposes to adjust interim rates by $135 thousand to reflect two outside-the-bandwidth changes: (1) the completion of Entergy Mississippi’s return to customers of credits under its restructuring credit rider; and (2) a true-up of demand side management costs. A final order is expected in second quarter 2025.

Interim Facilities Rate Adjustments

In May 2024, Entergy Mississippi received approval from the MPSC for formula rate plan revisions that were necessary for Entergy Mississippi to comply with state legislation passed in January 2024. The legislation allows Entergy Mississippi to make interim rate adjustments to recover the non-fuel related annual ownership cost of certain facilities that directly or indirectly provide service to customers who own certain data processing center projects as specified in the legislation. Entergy Mississippi filed the first of its annual interim facilities rate adjustment reports in May 2024 to recover approximately $8.7 million of these costs over a six-month period with rates effective beginning in July 2024. Entergy Mississippi filed its second interim facilities rate adjustment report in November 2024 to recover approximately $46.7 million of these costs over a 12-month period with rates effective beginning in January 2025. In February 2025, Entergy Mississippi filed a true-up interim facilities rate adjustment report to the initial annual interim facilities rate adjustment report filed in May 2024, reflecting the recovery of an
additional approximately $1.0 million of costs over a 12-month period with rates effective with the first billing cycle of April 2025.

Filings with the City Council (Entergy New Orleans)

Retail Rates

2025 Formula Rate Plan Filing

In April 2025, Entergy New Orleans submitted to the City Council its formula rate plan 2024 test year filing. The 2024 evaluation report produced an electric earned return on equity of 10.98% and a gas earned return on equity of 8.96% compared to the authorized return on equity for each of 9.35%. Without adjustments, this would result in a decrease in electric rates of $13.8 million and no change in gas rates. The decrease in electric rates is driven by the realignment of regulatory liabilities into the formula from a separate rate mechanism, partially offset by the cost of known and measurable electric capital additions. The filing also commences the previously authorized recovery of certain regulatory costs and requests a revenue-neutral recovery to offset a proposed reduction in bill payment late fees. Taking into account these proposed adjustments, the filing presents a decrease in authorized electric revenues of $8.6 million and an increase in authorized gas revenues of $0.5 million. The filing is subject to a 75-day review period, followed by a 25-day period to resolve any disputes among the parties. For any disputed rate adjustments, however, the City Council would set a procedural schedule to resolve. Resulting rates will be effective with the first billing cycle of September 2025 pursuant to the formula rate plan tariff.

Filings with the PUCT and Texas Cities (Entergy Texas)

Retail Rates

Distribution Cost Recovery Factor (DCRF) Rider

In April 2025, Entergy Texas filed with the PUCT a request to amend its DCRF rider. The proposed rider is designed to collect from Entergy Texas’s retail customers approximately $77.8 million annually, or $29.3 million in incremental annual revenues beyond Entergy Texas’s currently effective DCRF rider based on its capital invested in distribution between July 1, 2024 and December 31, 2024, including distribution-related restoration costs associated with Hurricane Beryl.

Transmission Cost Recovery Factor (TCRF) Rider

As discussed in the Form 10-K, in October 2024, Entergy Texas filed with the PUCT a request to amend its TCRF rider, which was previously reset to zero in June 2023 as a result of the 2022 base rate case. The amended rider was designed to collect from Entergy Texas’s retail customers approximately $9.7 million annually based on its capital invested in transmission between January 1, 2022 and June 30, 2024 and changes in other transmission charges. In April 2025 the PUCT approved the TCRF rider, consistent with Entergy Texas’s as-filed request, and rates became effective for usage on and after April 7, 2025.

Entergy Arkansas Opportunity Sales Proceeding

As discussed in the Form 10-K, in September 2020, Entergy Arkansas filed a complaint in the U.S. District Court for the Eastern District of Arkansas challenging the APSC’s denial of recovery of $135 million of payments to other Utility operating companies in December 2018 relating to off-system sales of electricity from 2002-2009, as ordered by the FERC. The complaint also involved a challenge to the $13.7 million, plus interest, of related refunds ordered by the APSC and paid by Entergy Arkansas in August 2020. The trial was held in February 2023.
In March 2024 the U.S. District Court for the Eastern District of Arkansas issued a judgment in favor of the APSC and against Entergy Arkansas. In March 2024 Entergy Arkansas filed a notice of appeal and a motion to expedite oral arguments with the United States Court of Appeals for the Eighth Circuit and the court granted the motion to expedite. As a result of the adverse decision by the U.S. District Court for the Eastern District of Arkansas, Entergy Arkansas concluded that it could no longer support the recognition of its $131.8 million regulatory asset reflecting the previously-expected recovery of a portion of the costs at issue in the opportunity sales proceeding and recorded a $131.8 million ($99.1 million net-of-tax) charge to earnings in first quarter 2024. In December 2024 the United States Court of Appeals for the Eighth Circuit affirmed the decision of the U.S. District Court for the Eastern District of Arkansas, and Entergy Arkansas filed a petition for rehearing en banc. In January 2025 the United States Court of Appeals for the Eighth Circuit denied Entergy Arkansas’s petition. In April 2025, Entergy Arkansas filed a petition for certiorari with the United States Supreme Court.

MSS-4 Replacement Tariff - Net Operating Loss Carryforward Proceeding

See Note 2 to the financial statements in the Form 10-K for discussion of the MSS-4 replacement tariff net operating loss carryforward proceeding.

The MSS-4 replacement tariff, a tariff governing the sales of energy and capacity among the Utility operating companies, includes protocols that provide for the disclosure of cost inputs, an opportunity for informal discovery procedures, and a challenge process. In April 2025, pursuant to such protocols, the City Council filed with the FERC a formal challenge relating to Entergy Services’ inclusion and allocation of net operating loss carryforward accumulated deferred income taxes in the MSS-4 replacement tariff rates charged to Entergy New Orleans’s monthly bills for calendar year 2023. Entergy Services plans to file a response to the formal challenge by the May 2025 deadline.

Complaints Against System Energy

See Note 2 to the financial statements in the Form 10-K for information regarding pending complaints against System Energy and the settlements approved by the FERC that resolved all significant aspects of these complaints. The following is an update to that discussion.

Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue

As discussed in the Form 10-K, in February 2023, System Energy submitted a tariff compliance filing with the FERC to clarify that, consistent with the releases provided in the June 2022 MPSC settlement, Entergy Mississippi would continue to be charged for its allocation of the sale-leaseback renewal costs under the Unit Power Sales Agreement. In March 2023 the MPSC filed a protest to System Energy’s tariff compliance filing. The MPSC argued that the settlement did not specifically address post-settlement sale-leaseback renewal costs and that the sale-leaseback renewal costs may not be recovered under the Unit Power Sales Agreement. In February 2025, System Energy and the MPSC resolved their dispute concerning the sale-leaseback renewal costs. As a result, the MPSC withdrew its protest at the FERC on System Energy’s tariff compliance filing. Entergy Mississippi will continue to pay the allocated sale-leaseback renewal costs of approximately $5.7 million annually and there are no refunds due for prior periods. In March 2025, System Energy filed a status report with the FERC explaining that the dispute is resolved.
Storm Cost Recovery Filings with Retail Regulators

See Note 2 to the financial statements in the Form 10-K for discussion regarding storm cost recovery filings. The following is an update to that discussion.

Entergy Louisiana

Hurricane Francine

In September 2024, Hurricane Francine caused damage to the areas served by Entergy Louisiana. The storm resulted in widespread power outages, primarily due to damage to distribution infrastructure as a result of strong winds and heavy rain, and the loss of sales during the power outages.

In December 2024, and subsequently amended in an errata filed in February 2025, Entergy Louisiana submitted an application to the LPSC seeking a determination that approximately $183.6 million in storm restoration costs associated with Hurricane Francine were reasonable and necessary and, therefore, eligible for recovery from customers, as well as approval to recover approximately $3.6 million in certain carrying costs from customers. In February 2025, Entergy Louisiana filed a second interim rate adjustment for the 2023 test year reflecting a revenue increase of $17.8 million from funds approved by the LPSC (on an interim basis) for Hurricane Francine recovery costs. The second interim rate adjustment was implemented with the first billing cycle of March 2025. See further discussion of the 2023 formula rate plan filing above. Also in February 2025, Entergy Louisiana withdrew $33.5 million from its funded storm reserves. In March 2025 a status conference was held in which a procedural schedule was established including a hearing in November 2025.
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Equity
3 Months Ended
Mar. 31, 2025
Equity [Text Block] EQUITY (Entergy Corporation and Entergy Louisiana)
Common Stock

Earnings per Share

Historical share and share-based data presented in the accompanying financial statements has been retroactively adjusted to reflect the two-for-one forward stock split of Entergy Corporation common stock effective December 12, 2024. See Note 7 to the financial statements in the Form 10-K for discussion of the stock split.

The following table presents Entergy’s basic and diluted earnings per share calculations for the three months ended March 31, 2025 and 2024, included on the consolidated income statements:
For the Three Months Ended March 31,
20252024
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$362,422 $76,536 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 
Basic shares and earnings per average common share430.3 $0.84 426.3 $0.18 
Average dilutive effect of:
Stock options0.9 — 0.5 — 
Other equity plans1.5 — 0.9 — 
Equity forwards7.9 (0.02)— — 
Diluted shares and earnings per average common shares440.6 $0.82 427.7 $0.18 

Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method. The calculation of diluted earnings per share excluded 244,091 stock options outstanding for the three months ended March 31, 2025 and 2,282,518 stock options outstanding for the three months ended March 31, 2024 because their effect would have been antidilutive. Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method. Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price. The calculation of diluted earnings per share excluded 185,897 shares for the three months ended March 31, 2025 and 3,820,510 shares for the three months ended March 31, 2024 under forward sale agreements outstanding because their effect would have been antidilutive.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Dividends declared per common share were $0.60 for the three months ended March 31, 2025 and $0.57 for the three months ended March 31, 2024.
(System Energy)

In February 2025, System Energy paid its parent, Entergy Corporation, a $20 million distribution out of its common stock.

Equity Distribution Program

See Note 7 to the financial statements in the Form 10-K for discussion of Entergy Corporation’s at the market equity distribution program. The following are updates to that discussion.

In February 2025, Entergy Corporation increased by an additional $1.5 billion the aggregate gross sales price authorized under its at the market equity distribution program pursuant to the terms of the equity distribution sales agreement for such program. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $4.5 billion. As of March 31, 2025, an aggregate gross sales price of approximately $2.8 billion has been sold under the at the market equity distribution program.

During the three months ended March 31, 2025 and 2024, there were no shares of common stock issued under the at the market equity distribution program.

The following forward sale agreements were entered into by Entergy Corporation under its at the market equity distribution program during the three months ended March 31, 2025:
Effective DateShares of Common Stock per Forward Sale AgreementMaturity DateForward Sale Price per ShareGross Sales PriceForward Sellers Fees
(Dollars In Thousands, Except Per Share Data)
March 20252,713,790 August 2026$84.77 $232,216 $2,322 

Equity Forward Sale Agreements

In March 2025, Entergy marketed an equity offering of 17.8 million shares of Entergy Corporation common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with several forward counterparties. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the forward sale agreements occur. The forward sale agreements require Entergy to, at its election on or prior to September 30, 2026, either (1) physically settle the transactions by issuing the total of 17.8 million shares of its common stock to the forward counterparties in exchange for net proceeds at the then-applicable forward sale price specified by the agreements (initially $81.87 per share) or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreements.

Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. If Entergy had elected to net share settle the forward sale agreements as of March 31, 2025, Entergy would have been required to deliver 0.7 million shares.

Treasury Stock

During the three months ended March 31, 2025, Entergy Corporation reissued 1,193,693 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and
other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the three months ended March 31, 2025.

Retained Earnings

On April 7, 2025, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.60 per share, payable on June 2, 2025 to holders of record as of May 2, 2025.

Comprehensive Income
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$42,769 ($162,460)
Amounts reclassified from accumulated other comprehensive income (loss)
(3,729)(3,668)
Net other comprehensive loss for the period
(3,729)(3,668)
Ending balance, March 31,$39,040 ($166,128)
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$53,658 $54,798 
Amounts reclassified from accumulated other comprehensive income(971)(2,024)
Net other comprehensive loss for the period(971)(2,024)
Ending balance, March 31,$52,687 $52,774 
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$3,462 $3,473 (a)
   Amortization of net gain2,551 1,397 (a)
Total amortization
6,013 4,870 
Income taxes(2,284)(1,202)Income taxes
Total amortization (net of tax)
$3,729 $3,668 
Total reclassifications for the period (net of tax)$3,729 $3,668 

(a)These accumulated other comprehensive income (loss) components are 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 (AOCI) for Entergy Louisiana for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$1,136 $1,136 (a)
   Amortization of net gain1,719 1,634 (a)
Total amortization
2,855 2,770 
Income taxes(1,884)(746)Income taxes
Total amortization (net of tax)
$971 $2,024 
Total reclassifications for the period (net of tax)$971 $2,024 

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
Entergy Louisiana [Member]  
Equity [Text Block] EQUITY (Entergy Corporation and Entergy Louisiana)
Common Stock

Earnings per Share

Historical share and share-based data presented in the accompanying financial statements has been retroactively adjusted to reflect the two-for-one forward stock split of Entergy Corporation common stock effective December 12, 2024. See Note 7 to the financial statements in the Form 10-K for discussion of the stock split.

The following table presents Entergy’s basic and diluted earnings per share calculations for the three months ended March 31, 2025 and 2024, included on the consolidated income statements:
For the Three Months Ended March 31,
20252024
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$362,422 $76,536 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 
Basic shares and earnings per average common share430.3 $0.84 426.3 $0.18 
Average dilutive effect of:
Stock options0.9 — 0.5 — 
Other equity plans1.5 — 0.9 — 
Equity forwards7.9 (0.02)— — 
Diluted shares and earnings per average common shares440.6 $0.82 427.7 $0.18 

Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method. The calculation of diluted earnings per share excluded 244,091 stock options outstanding for the three months ended March 31, 2025 and 2,282,518 stock options outstanding for the three months ended March 31, 2024 because their effect would have been antidilutive. Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method. Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price. The calculation of diluted earnings per share excluded 185,897 shares for the three months ended March 31, 2025 and 3,820,510 shares for the three months ended March 31, 2024 under forward sale agreements outstanding because their effect would have been antidilutive.

Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.

Dividends declared per common share were $0.60 for the three months ended March 31, 2025 and $0.57 for the three months ended March 31, 2024.
(System Energy)

In February 2025, System Energy paid its parent, Entergy Corporation, a $20 million distribution out of its common stock.

Equity Distribution Program

See Note 7 to the financial statements in the Form 10-K for discussion of Entergy Corporation’s at the market equity distribution program. The following are updates to that discussion.

In February 2025, Entergy Corporation increased by an additional $1.5 billion the aggregate gross sales price authorized under its at the market equity distribution program pursuant to the terms of the equity distribution sales agreement for such program. The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an aggregate gross sales price of $4.5 billion. As of March 31, 2025, an aggregate gross sales price of approximately $2.8 billion has been sold under the at the market equity distribution program.

During the three months ended March 31, 2025 and 2024, there were no shares of common stock issued under the at the market equity distribution program.

The following forward sale agreements were entered into by Entergy Corporation under its at the market equity distribution program during the three months ended March 31, 2025:
Effective DateShares of Common Stock per Forward Sale AgreementMaturity DateForward Sale Price per ShareGross Sales PriceForward Sellers Fees
(Dollars In Thousands, Except Per Share Data)
March 20252,713,790 August 2026$84.77 $232,216 $2,322 

Equity Forward Sale Agreements

In March 2025, Entergy marketed an equity offering of 17.8 million shares of Entergy Corporation common stock. In lieu of issuing equity at the time of the offering, Entergy entered into forward sale agreements with several forward counterparties. No amounts have been or will be recorded on Entergy’s balance sheet with respect to the equity offering until settlements of the forward sale agreements occur. The forward sale agreements require Entergy to, at its election on or prior to September 30, 2026, either (1) physically settle the transactions by issuing the total of 17.8 million shares of its common stock to the forward counterparties in exchange for net proceeds at the then-applicable forward sale price specified by the agreements (initially $81.87 per share) or (2) net settle the transactions in whole or in part through the delivery or receipt of cash or shares. The forward sale price is subject to adjustment on a daily basis based on a floating interest rate factor and will decrease by other fixed amounts specified in the agreements.

Until settlement of the forward sale agreements, earnings per share dilution resulting from the agreements, if any, will be determined under the treasury stock method. Share dilution occurs when the average market price of Entergy’s common stock is higher than the average forward sales price. If Entergy had elected to net share settle the forward sale agreements as of March 31, 2025, Entergy would have been required to deliver 0.7 million shares.

Treasury Stock

During the three months ended March 31, 2025, Entergy Corporation reissued 1,193,693 shares of its previously repurchased common stock to satisfy stock option exercises, vesting of shares of restricted stock, and
other stock-based awards.  Entergy Corporation did not repurchase any of its common stock during the three months ended March 31, 2025.

Retained Earnings

On April 7, 2025, Entergy Corporation’s Board of Directors declared a common stock dividend of $0.60 per share, payable on June 2, 2025 to holders of record as of May 2, 2025.

Comprehensive Income
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$42,769 ($162,460)
Amounts reclassified from accumulated other comprehensive income (loss)
(3,729)(3,668)
Net other comprehensive loss for the period
(3,729)(3,668)
Ending balance, March 31,$39,040 ($166,128)
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$53,658 $54,798 
Amounts reclassified from accumulated other comprehensive income(971)(2,024)
Net other comprehensive loss for the period(971)(2,024)
Ending balance, March 31,$52,687 $52,774 
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$3,462 $3,473 (a)
   Amortization of net gain2,551 1,397 (a)
Total amortization
6,013 4,870 
Income taxes(2,284)(1,202)Income taxes
Total amortization (net of tax)
$3,729 $3,668 
Total reclassifications for the period (net of tax)$3,729 $3,668 

(a)These accumulated other comprehensive income (loss) components are 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 (AOCI) for Entergy Louisiana for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$1,136 $1,136 (a)
   Amortization of net gain1,719 1,634 (a)
Total amortization
2,855 2,770 
Income taxes(1,884)(746)Income taxes
Total amortization (net of tax)
$971 $2,024 
Total reclassifications for the period (net of tax)$971 $2,024 

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]  
Debt Disclosure [Text Block] REVOLVING CREDIT FACILITIES, LINES OF CREDIT, SHORT-TERM BORROWINGS, AND LONG-TERM DEBT (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy Corporation has in place a credit facility that has a borrowing capacity of $3 billion and expires in June 2029. The facility includes fronting commitments for the issuance of letters of credit against $20 million of the total borrowing capacity of the credit facility. The commitment fee is currently 0.225% of the undrawn commitment amount. Commitment fees and interest rates on loans under the credit facility can fluctuate depending on the senior unsecured debt ratings of Entergy Corporation.  As there were no borrowings under the facility for the three months ended March 31, 2025, the estimated interest rate as of March 31, 2025 that would have been applied
to outstanding borrowings under the facility was 5.92%. The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996

Entergy Corporation’s credit facility includes a covenant requiring Entergy to maintain a consolidated debt ratio, as defined, of 65% or less of its total capitalization. Entergy is in compliance with this covenant. If Entergy fails to meet this ratio, or if Entergy Corporation or one of the Registrant Subsidiaries (except Entergy New Orleans and System Energy) defaults on other indebtedness or is in bankruptcy or insolvency proceedings, an acceleration of the Entergy Corporation credit facility’s maturity date may occur.

Entergy Corporation has a commercial paper program with a Board-approved program limit of $2 billion.  As of March 31, 2025, Entergy Corporation had $1,330 million of commercial paper outstanding. The weighted-average interest rate for the three months ended March 31, 2025 was 4.66%.

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.

The commitment fees on the credit facilities range from 0.075% to 0.375% of the undrawn commitment amount for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy Texas, and of the entire facility amount for Entergy New Orleans. Each of the credit facilities requires the Registrant Subsidiary borrower to maintain a debt ratio, as defined, of 65% or less of its total capitalization.  Each Registrant Subsidiary is in compliance with this covenant.
In addition, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support its obligations to MISO and for other purposes. The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

The short-term borrowings of the Registrant Subsidiaries are limited to amounts authorized by the FERC. Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027. In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits. The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)

See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.

The commitment fees on the credit facilities are 0.100% of the undrawn commitment amount for the Entergy Arkansas, Entergy Louisiana, and System Energy VIEs.  Each credit facility requires the respective lessee of nuclear fuel (Entergy Arkansas, Entergy Louisiana, or Entergy Corporation as guarantor for System Energy) to maintain a consolidated debt ratio, as defined, of 70% or less of its total capitalization. Each lessee is in compliance with this covenant.

The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million

In accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.

As of March 31, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.

Debt Issuances and Retirements

(Entergy Louisiana)

In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055. Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of
3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.

(Entergy Mississippi)

In March 2025, Entergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055. Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.

(Entergy New Orleans)

In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026. The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment. The rate set as of March 31, 2025 was 5.77%. Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.

(Entergy Texas)

In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035. Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.

Fair Value

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
v3.25.1
Stock-Based Compensation
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Text Block] STOCK-BASED COMPENSATION (Entergy Corporation)
Entergy grants stock and stock-based awards, which are described more fully in Note 12 to the financial statements in the Form 10-K.  Awards under Entergy’s plans generally vest over three years.

Stock Options

In February 2025 the Board approved and Entergy granted long-term incentive awards in the form of options on 366,136 shares of its common stock under the 2019 Omnibus Incentive Plan with a fair value of $17.43 per option.  As of March 31, 2025, there were options on 3,176,358 shares of common stock outstanding with a weighted-average exercise price of $56.58.  The intrinsic value, which has no effect on net income, of the outstanding stock options is calculated by the positive difference between the weighted-average exercise price of the stock options granted and Entergy Corporation’s common stock price as of March 31, 2025.  The aggregate intrinsic value of the stock options outstanding as of March 31, 2025 was $91.8 million.

The following table includes financial information for stock options for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Compensation expense included in Entergy’s consolidated net income$1.1 $1.1 
Tax benefit recognized in Entergy’s consolidated net income$0.3 $0.3 
Compensation cost capitalized as part of fixed assets and materials and supplies$0.5 $0.5 
Other Equity Awards

In February 2025 the Board approved and Entergy granted long-term incentive awards in the form of 510,009 restricted stock awards and 187,036 performance units under the 2019 Omnibus Incentive Plan.  The restricted stock awards were made effective on February 6, 2025 and were valued at $82.79 per share, which was the closing price of Entergy Corporation’s common stock on the grant date.  Shares of restricted stock have the same dividend and voting rights as other common stock, are considered issued and outstanding shares of Entergy
upon vesting, and are expensed ratably over the three-year vesting period. One-third of the restricted stock awards and accrued dividends will vest upon each anniversary of the grant date.

The performance units represent the value of, and are settled with, one share of Entergy Corporation common stock at the end of the three-year performance period, plus dividends accrued during the performance period on the number of performance units earned. To emphasize the importance of environmental stewardship, specifically of carbon-free generation and resilience, an environmental achievement measure was selected as one of the performance measures for the 2025-2027 performance period. For the 2025-2027 performance period, performance will be measured based eighty percent on relative total shareholder return and twenty percent on the environmental achievement measure.  The performance units were granted on February 6, 2025 and eighty percent were valued at $115.13 per share based on various factors, primarily market conditions; and twenty percent were valued at $82.79 per share, the closing price of Entergy Corporation’s common stock on the grant date.  Performance units have the same dividend and voting rights as other common stock, are considered issued and outstanding shares of Entergy upon vesting, and are expensed ratably over the three-year vesting period, and compensation cost for the portion of the award based on the selected environmental achievement measure will be adjusted based on the number of units that ultimately vest. See Note 12 to the financial statements in the Form 10-K for a description of the Long-Term Performance Unit Program.

The following table includes financial information for other outstanding equity awards for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Compensation expense included in Entergy’s consolidated net income$10.0 $9.9 
Tax benefit recognized in Entergy’s consolidated net income$2.5 $2.5 
Compensation cost capitalized as part of fixed assets and materials and supplies$4.8 $4.5 
v3.25.1
Retirement And Other Postretirement Benefits
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Arkansas [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Louisiana [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Mississippi [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy New Orleans [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Texas [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
System Energy [Member]  
Retirement Benefits [Text Block] RETIREMENT AND OTHER POSTRETIREMENT BENEFITS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Components of Qualified Net Pension Cost
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 

Non-Qualified Net Pension Cost

Entergy recognized $2.5 million and $2.7 million in pension cost for its non-qualified pension plans for the three months ended March 31, 2025 and 2024, respectively. For the three months ended March 31, 2025 and 2024, there were no settlement charges related to the payment of lump sum benefits out of the plan.
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 

For the three months ended March 31, 2025 and 2024 there were no settlement charges for the Registrant Subsidiaries related to the payment of lump sum benefits out of the plan.
Components of Net Other Postretirement Benefits Income
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Reclassification out of Accumulated Other Comprehensive Income (Loss)
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 

Accounting for Pension and Other Postretirement Benefits

In accordance with accounting standards, the other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations and are presented by Entergy in miscellaneous - net in other income.
Employer Contributions

Based on current assumptions, Entergy expects to contribute $240 million to its qualified pension plans in 2025.  As of March 31, 2025, Entergy had contributed $52.9 million to its pension plans.  Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
v3.25.1
Business Segment Information
3 Months Ended
Mar. 31, 2025
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
Entergy Arkansas [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
Entergy Louisiana [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
Entergy Mississippi [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
Entergy New Orleans [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
Entergy Texas [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
System Energy [Member]  
Segment Reporting Disclosure [Text Block] BUSINESS SEGMENT INFORMATION (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Entergy has a single reportable segment, Utility, which includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  Parent & Other includes the parent company, Entergy Corporation, and other business activity, including Entergy’s non-utility operations business, which is an operating segment that does not meet the quantitative thresholds for determining reportable segments.

The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.

Registrant Subsidiaries

Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has one operating and reportable segment, an integrated utility business which includes the generation, transmission, and distribution of electric power; and operation of a small natural gas distribution business at each of Entergy Louisiana and Entergy New Orleans. System Energy has one operating and reportable segment, which is an electricity generation business. Each of the Registrant Subsidiaries’ operations are managed on an integrated basis by that company because of the substantial effect of cost-based rates and regulatory oversight on the business process, cost structures, and operating results. All segment financial information for the Registrant Subsidiaries is as reported on the respective financial statements for each of the Registrant Subsidiaries.
v3.25.1
Risk Management And Fair Values
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Arkansas [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Louisiana [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Mississippi [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy New Orleans [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Texas [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
System Energy [Member]  
Derivative Instruments and Hedging Activities Disclosure [Text Block] RISK MANAGEMENT AND FAIR VALUES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Market Risk

In the normal course of business, Entergy is exposed to a number of market risks.  Market risk is the potential loss that Entergy may incur as a result of changes in the market or fair value of a particular commodity or instrument.  All financial and commodity-related instruments, including derivatives, are subject to market risk
including commodity price risk, equity price, and interest rate risk.  Entergy uses derivatives primarily to mitigate commodity price risk associated with the price of fuel.

The Utility has limited exposure to the effects of market risk because it operates primarily under cost-based rate regulation.  To the extent approved by their retail regulators, the Utility operating companies use commodity and financial instruments to hedge the exposure to price volatility inherent in their purchased power, fuel, and gas purchased for resale costs, that are recovered from customers.

Derivatives

Entergy designates a significant portion of its derivative instruments as normal purchase/normal sale transactions due to their physical settlement provisions, including power purchase and sales agreements, fuel purchase agreements, and capacity contracts. Certain derivative instruments do not qualify for designation as normal purchase/normal sale transactions due to their financial settlement provisions. See further discussion below regarding the accounting for these derivative instruments.

Entergy manages fuel price volatility for its Louisiana jurisdictions (Entergy Louisiana and Entergy New Orleans) and Entergy Mississippi through the purchase of natural gas swaps that financially settle against either the average Henry Hub Gas Daily prices or the NYMEX Henry Hub. These swaps are marked-to-market through fuel expense with offsetting regulatory assets or liabilities. All benefits or costs of the program are recorded in fuel costs. The notional volumes of these swaps are based on a portion of projected annual exposure to gas price volatility for electric generation at Entergy Louisiana and Entergy Mississippi and projected winter purchases for gas distribution at Entergy New Orleans. The maximum length of time over which Entergy has executed natural gas swaps as of March 31, 2025 is 7 months for Entergy Mississippi. The total volume of natural gas swaps outstanding as of March 31, 2025 is 12,246,850 MMBtu for Entergy and Entergy Mississippi. As of March 31, 2025, Entergy Louisiana and Entergy New Orleans had no outstanding natural gas swaps. Credit support for these natural gas swaps is covered by master agreements that do not require Entergy to provide collateral based on mark-to-market value, but do carry adequate assurance language that may lead to requests for collateral.

During the second quarter 2024, Entergy participated in the annual financial transmission rights auction process for the MISO planning year of June 1, 2024 through May 31, 2025. Financial transmission rights are derivative instruments that represent economic hedges of future congestion charges that will be incurred in serving Entergy’s customer load. They are not designated as hedging instruments. Entergy initially records financial transmission rights at their estimated fair value and subsequently adjusts the carrying value to their estimated fair value at the end of each accounting period prior to settlement. Unrealized gains or losses on financial transmission rights held by the non-utility operations are included in operating revenues. The Utility operating companies recognize regulatory liabilities or assets for unrealized gains or losses on financial transmission rights. The total volume of financial transmission rights outstanding as of March 31, 2025 is 24,226 GWh for Entergy, including 5,865 GWh for Entergy Arkansas, 10,036 GWh for Entergy Louisiana, 3,781 GWh for Entergy Mississippi, 1,001 GWh for Entergy New Orleans, and 3,501 GWh for Entergy Texas. Credit support for financial transmission rights held by the Utility operating companies is covered by cash and/or letters of credit issued by each Utility operating company as required by MISO. Credit support for financial transmission rights held by Entergy’s non-utility operations business is covered by cash. No cash or letters of credit were required to be posted for financial transmission rights exposure for the non-utility operations business as of March 31, 2025 and December 31, 2024. No letters of credit were posted with MISO to cover financial transmission rights exposure as of March 31, 2025. Letters of credit posted with MISO covered the financial transmission rights exposure for Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas as of December 31, 2024.

The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024

The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.

Fair Values

The estimated fair values of Entergy’s financial instruments and derivatives are determined using historical prices, bid prices, market quotes, and financial modeling.  Considerable judgment is required in developing the estimates of fair value.  Therefore, estimates are not necessarily indicative of the amounts that Entergy could realize in a current market exchange.  Gains or losses realized on financial instruments are reflected in future rates and therefore do not affect net income. Entergy considers the carrying amounts of most financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

Accounting standards define fair value as an exit price, or the price that would be received to sell an asset or the amount that would be paid to transfer a liability in an orderly transaction between knowledgeable market
participants at the date of measurement.  Entergy and the Registrant Subsidiaries use assumptions or market input data that market participants would use in pricing assets or liabilities at fair value.  The inputs can be readily observable, corroborated by market data, or generally unobservable.  Entergy and the Registrant Subsidiaries endeavor to use the best available information to determine fair value.

Accounting standards establish a fair value hierarchy that prioritizes the inputs used to measure fair value.  The hierarchy establishes the highest priority for unadjusted market quotes in an active market for the identical asset or liability and the lowest priority for unobservable inputs.

The three levels of the fair value hierarchy are:

Level 1 - Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.  Level 1 primarily consists of individually owned common stocks, cash equivalents (temporary cash investments, securitization recovery trust account, and escrow accounts), debt instruments, and gas swaps traded on exchanges with active markets.  Cash equivalents includes all unrestricted highly liquid debt instruments with an original or remaining maturity of three months or less at the date of purchase.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date.  Assets are valued based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads.  Prices are reviewed and can be challenged with the independent parties and/or overridden by Entergy if it is believed such would be more reflective of fair value.  Level 2 inputs include the following:

quoted prices for similar assets or liabilities in active markets;
quoted prices for identical assets or liabilities in inactive markets;
inputs other than quoted prices that are observable for the asset or liability; or
inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 2 consists primarily of individually-owned debt instruments and gas swaps valued using observable inputs.

Level 3 - Level 3 inputs are pricing inputs that are generally less observable or unobservable from objective sources.  These inputs are used with internally developed methodologies to produce management’s best estimate of fair value for the asset or liability.  Level 3 consists primarily of financial transmission rights.

The values of financial transmission rights are based on unobservable inputs, including estimates of congestion costs in MISO between applicable generation and load pricing nodes based on the 50th percentile of historical prices.  They are classified as Level 3 assets and liabilities.  The valuations of these assets and liabilities are performed by the Office of Corporate Risk Oversight.  The values are calculated internally and verified against the data published by MISO. Entergy’s Accounting group reviews these valuations for reasonableness, with the assistance of others within the organization with knowledge of the various inputs and assumptions used in the valuation. The Office of Corporate Risk Oversight reports to the Vice President and Treasurer.  The Accounting group reports to the Chief Accounting Officer.

The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
The fair values of the Level 3 financial transmission rights are based on unobservable inputs calculated internally and verified against historical pricing data published by MISO.

The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 

Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 

Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 

Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 

System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
v3.25.1
Decommissioning Trust Funds
3 Months Ended
Mar. 31, 2025
Decommissioning Trust Fund [Text Block] DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)
The NRC requires certain of the Utility operating companies and System Energy to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1 and 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents.

Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, for unrealized gains/(losses) on investment securities, the Registrant Subsidiaries record an offsetting amount in other regulatory liabilities/assets.  For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other long-term liabilities on the consolidated balance sheets of Entergy and Entergy Louisiana for the unrealized trust earnings not currently expected to be needed to decommission the plant. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $190 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index.  A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$2,091 $2,047 
Unrealized gains$15 $7 
Unrealized losses$62 $80 

As of March 31, 2025 and December 31, 2024, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $2,138 million as of March 31, 2025 and $2,121 million as of December 31, 2024.  As of March 31, 2025, available-for-sale debt securities had an average coupon rate of approximately 4.12%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.94 years.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$638 $14 $1,102 $24 
More than 12 months469 48 510 56 
Total$1,107 $62 $1,612 $80 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$29 $36 
1 year - 5 years551 574 
5 years - 10 years639 629 
10 years - 15 years205 166 
15 years - 20 years216 218 
20 years+451 424 
Total$2,091 $2,047 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$262 $169 
Realized gains$1 $— 
Realized losses$4 $7 
During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Arkansas

Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$590.1 $579.0 
Unrealized gains$4.0 $1.2 
Unrealized losses$18.1 $25.8 

The amortized cost of available-for-sale debt securities was $604.3 million as of March 31, 2025 and $603.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 3.71%, an average duration of approximately 6.24 years, and an average maturity of approximately 8.49 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $56.9 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$158.4 $3.9 $282.8 $8.2 
More than 12 months183.0 14.2 195.0 17.6 
Total$341.4 $18.1 $477.8 $25.8 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
 20252024
 (In Millions)
Less than 1 year$25.2 $31.7 
1 year - 5 years144.0 142.5 
5 years - 10 years234.8 231.0 
10 years - 15 years71.2 62.2 
15 years - 20 years64.2 62.8 
20 years+50.7 48.8 
Total$590.1 $579.0 
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$— $12.4 
Realized gains$— $— 
Realized losses$— $0.4 

During three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Louisiana

Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$926.1 $908.1 
Unrealized gains$6.3 $3.6 
Unrealized losses$23.1 $26.9 

The amortized cost of available-for-sale debt securities was $943 million as of March 31, 2025 and $931.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.37%, an average duration of approximately 6.43 years, and an average maturity of approximately 12.67 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $78.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$324.8 $6.7 $543.8 $8.8 
More than 12 months165.0 16.4 178.4 18.1 
Total$489.8 $23.1 $722.2 $26.9 
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$3.7 $4.4 
1 year - 5 years221.2 188.2 
5 years - 10 years212.0 259.4 
10 years - 15 years97.4 80.9 
15 years - 20 years103.6 106.1 
20 years+288.2 269.1 
Total$926.1 $908.1 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$110.0 $48.4 
Realized gains$0.1 $0.2 
Realized losses$1.5 $2.9 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

System Energy

System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$574.9 $559.8 
Unrealized gains$4.7 $1.9 
Unrealized losses$20.6 $27.6 

The amortized cost of available-for-sale debt securities was $590.7 million as of March 31, 2025 and $585.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.16%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.71 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $53.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$154.4 $2.9 $275.6 $6.8 
More than 12 months120.6 17.7 136.8 20.8 
Total$275.0 $20.6 $412.4 $27.6 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$0.2 $0.2 
1 year - 5 years185.8 243.7 
5 years - 10 years192.4 138.9 
10 years - 15 years36.2 22.7 
15 years - 20 years48.6 49.4 
20 years+111.7 104.9 
Total$574.9 $559.8 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$152.3 $108.0 
Realized gains$0.6 $0.2 
Realized losses$2.7 $3.5 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.
Entergy Arkansas [Member]  
Decommissioning Trust Fund [Text Block] DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)
The NRC requires certain of the Utility operating companies and System Energy to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1 and 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents.

Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, for unrealized gains/(losses) on investment securities, the Registrant Subsidiaries record an offsetting amount in other regulatory liabilities/assets.  For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other long-term liabilities on the consolidated balance sheets of Entergy and Entergy Louisiana for the unrealized trust earnings not currently expected to be needed to decommission the plant. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $190 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index.  A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$2,091 $2,047 
Unrealized gains$15 $7 
Unrealized losses$62 $80 

As of March 31, 2025 and December 31, 2024, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $2,138 million as of March 31, 2025 and $2,121 million as of December 31, 2024.  As of March 31, 2025, available-for-sale debt securities had an average coupon rate of approximately 4.12%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.94 years.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$638 $14 $1,102 $24 
More than 12 months469 48 510 56 
Total$1,107 $62 $1,612 $80 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$29 $36 
1 year - 5 years551 574 
5 years - 10 years639 629 
10 years - 15 years205 166 
15 years - 20 years216 218 
20 years+451 424 
Total$2,091 $2,047 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$262 $169 
Realized gains$1 $— 
Realized losses$4 $7 
During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Arkansas

Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$590.1 $579.0 
Unrealized gains$4.0 $1.2 
Unrealized losses$18.1 $25.8 

The amortized cost of available-for-sale debt securities was $604.3 million as of March 31, 2025 and $603.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 3.71%, an average duration of approximately 6.24 years, and an average maturity of approximately 8.49 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $56.9 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$158.4 $3.9 $282.8 $8.2 
More than 12 months183.0 14.2 195.0 17.6 
Total$341.4 $18.1 $477.8 $25.8 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
 20252024
 (In Millions)
Less than 1 year$25.2 $31.7 
1 year - 5 years144.0 142.5 
5 years - 10 years234.8 231.0 
10 years - 15 years71.2 62.2 
15 years - 20 years64.2 62.8 
20 years+50.7 48.8 
Total$590.1 $579.0 
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$— $12.4 
Realized gains$— $— 
Realized losses$— $0.4 

During three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Louisiana

Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$926.1 $908.1 
Unrealized gains$6.3 $3.6 
Unrealized losses$23.1 $26.9 

The amortized cost of available-for-sale debt securities was $943 million as of March 31, 2025 and $931.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.37%, an average duration of approximately 6.43 years, and an average maturity of approximately 12.67 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $78.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$324.8 $6.7 $543.8 $8.8 
More than 12 months165.0 16.4 178.4 18.1 
Total$489.8 $23.1 $722.2 $26.9 
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$3.7 $4.4 
1 year - 5 years221.2 188.2 
5 years - 10 years212.0 259.4 
10 years - 15 years97.4 80.9 
15 years - 20 years103.6 106.1 
20 years+288.2 269.1 
Total$926.1 $908.1 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$110.0 $48.4 
Realized gains$0.1 $0.2 
Realized losses$1.5 $2.9 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

System Energy

System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$574.9 $559.8 
Unrealized gains$4.7 $1.9 
Unrealized losses$20.6 $27.6 

The amortized cost of available-for-sale debt securities was $590.7 million as of March 31, 2025 and $585.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.16%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.71 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $53.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$154.4 $2.9 $275.6 $6.8 
More than 12 months120.6 17.7 136.8 20.8 
Total$275.0 $20.6 $412.4 $27.6 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$0.2 $0.2 
1 year - 5 years185.8 243.7 
5 years - 10 years192.4 138.9 
10 years - 15 years36.2 22.7 
15 years - 20 years48.6 49.4 
20 years+111.7 104.9 
Total$574.9 $559.8 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$152.3 $108.0 
Realized gains$0.6 $0.2 
Realized losses$2.7 $3.5 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.
Entergy Louisiana [Member]  
Decommissioning Trust Fund [Text Block] DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)
The NRC requires certain of the Utility operating companies and System Energy to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1 and 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents.

Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, for unrealized gains/(losses) on investment securities, the Registrant Subsidiaries record an offsetting amount in other regulatory liabilities/assets.  For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other long-term liabilities on the consolidated balance sheets of Entergy and Entergy Louisiana for the unrealized trust earnings not currently expected to be needed to decommission the plant. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $190 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index.  A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$2,091 $2,047 
Unrealized gains$15 $7 
Unrealized losses$62 $80 

As of March 31, 2025 and December 31, 2024, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $2,138 million as of March 31, 2025 and $2,121 million as of December 31, 2024.  As of March 31, 2025, available-for-sale debt securities had an average coupon rate of approximately 4.12%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.94 years.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$638 $14 $1,102 $24 
More than 12 months469 48 510 56 
Total$1,107 $62 $1,612 $80 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$29 $36 
1 year - 5 years551 574 
5 years - 10 years639 629 
10 years - 15 years205 166 
15 years - 20 years216 218 
20 years+451 424 
Total$2,091 $2,047 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$262 $169 
Realized gains$1 $— 
Realized losses$4 $7 
During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Arkansas

Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$590.1 $579.0 
Unrealized gains$4.0 $1.2 
Unrealized losses$18.1 $25.8 

The amortized cost of available-for-sale debt securities was $604.3 million as of March 31, 2025 and $603.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 3.71%, an average duration of approximately 6.24 years, and an average maturity of approximately 8.49 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $56.9 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$158.4 $3.9 $282.8 $8.2 
More than 12 months183.0 14.2 195.0 17.6 
Total$341.4 $18.1 $477.8 $25.8 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
 20252024
 (In Millions)
Less than 1 year$25.2 $31.7 
1 year - 5 years144.0 142.5 
5 years - 10 years234.8 231.0 
10 years - 15 years71.2 62.2 
15 years - 20 years64.2 62.8 
20 years+50.7 48.8 
Total$590.1 $579.0 
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$— $12.4 
Realized gains$— $— 
Realized losses$— $0.4 

During three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Louisiana

Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$926.1 $908.1 
Unrealized gains$6.3 $3.6 
Unrealized losses$23.1 $26.9 

The amortized cost of available-for-sale debt securities was $943 million as of March 31, 2025 and $931.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.37%, an average duration of approximately 6.43 years, and an average maturity of approximately 12.67 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $78.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$324.8 $6.7 $543.8 $8.8 
More than 12 months165.0 16.4 178.4 18.1 
Total$489.8 $23.1 $722.2 $26.9 
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$3.7 $4.4 
1 year - 5 years221.2 188.2 
5 years - 10 years212.0 259.4 
10 years - 15 years97.4 80.9 
15 years - 20 years103.6 106.1 
20 years+288.2 269.1 
Total$926.1 $908.1 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$110.0 $48.4 
Realized gains$0.1 $0.2 
Realized losses$1.5 $2.9 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

System Energy

System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$574.9 $559.8 
Unrealized gains$4.7 $1.9 
Unrealized losses$20.6 $27.6 

The amortized cost of available-for-sale debt securities was $590.7 million as of March 31, 2025 and $585.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.16%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.71 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $53.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$154.4 $2.9 $275.6 $6.8 
More than 12 months120.6 17.7 136.8 20.8 
Total$275.0 $20.6 $412.4 $27.6 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$0.2 $0.2 
1 year - 5 years185.8 243.7 
5 years - 10 years192.4 138.9 
10 years - 15 years36.2 22.7 
15 years - 20 years48.6 49.4 
20 years+111.7 104.9 
Total$574.9 $559.8 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$152.3 $108.0 
Realized gains$0.6 $0.2 
Realized losses$2.7 $3.5 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.
System Energy [Member]  
Decommissioning Trust Fund [Text Block] DECOMMISSIONING TRUST FUNDS (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)
The NRC requires certain of the Utility operating companies and System Energy to maintain nuclear decommissioning trusts to fund the costs of decommissioning ANO 1 and 2, River Bend, Waterford 3, and Grand Gulf. Entergy’s nuclear decommissioning trust funds invest in equity securities, fixed-rate debt securities, and cash and cash equivalents.

Entergy records decommissioning trust funds on the balance sheet at their fair value. Because of the ability of the Registrant Subsidiaries to recover decommissioning costs in rates and in accordance with the regulatory treatment for decommissioning trust funds, for unrealized gains/(losses) on investment securities, the Registrant Subsidiaries record an offsetting amount in other regulatory liabilities/assets.  For the 30% interest in River Bend formerly owned by Cajun, Entergy Louisiana records an offsetting amount in other long-term liabilities on the consolidated balance sheets of Entergy and Entergy Louisiana for the unrealized trust earnings not currently expected to be needed to decommission the plant. Generally, Entergy records gains and losses on its debt and equity securities using the specific identification method to determine the cost basis of its securities.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $190 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index.  A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$2,091 $2,047 
Unrealized gains$15 $7 
Unrealized losses$62 $80 

As of March 31, 2025 and December 31, 2024, there were no deferred taxes on unrealized gains/(losses). The amortized cost of available-for-sale debt securities was $2,138 million as of March 31, 2025 and $2,121 million as of December 31, 2024.  As of March 31, 2025, available-for-sale debt securities had an average coupon rate of approximately 4.12%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.94 years.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$638 $14 $1,102 $24 
More than 12 months469 48 510 56 
Total$1,107 $62 $1,612 $80 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$29 $36 
1 year - 5 years551 574 
5 years - 10 years639 629 
10 years - 15 years205 166 
15 years - 20 years216 218 
20 years+451 424 
Total$2,091 $2,047 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$262 $169 
Realized gains$1 $— 
Realized losses$4 $7 
During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Arkansas

Entergy Arkansas holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$590.1 $579.0 
Unrealized gains$4.0 $1.2 
Unrealized losses$18.1 $25.8 

The amortized cost of available-for-sale debt securities was $604.3 million as of March 31, 2025 and $603.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 3.71%, an average duration of approximately 6.24 years, and an average maturity of approximately 8.49 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $56.9 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$158.4 $3.9 $282.8 $8.2 
More than 12 months183.0 14.2 195.0 17.6 
Total$341.4 $18.1 $477.8 $25.8 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
 20252024
 (In Millions)
Less than 1 year$25.2 $31.7 
1 year - 5 years144.0 142.5 
5 years - 10 years234.8 231.0 
10 years - 15 years71.2 62.2 
15 years - 20 years64.2 62.8 
20 years+50.7 48.8 
Total$590.1 $579.0 
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$— $12.4 
Realized gains$— $— 
Realized losses$— $0.4 

During three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

Entergy Louisiana

Entergy Louisiana holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$926.1 $908.1 
Unrealized gains$6.3 $3.6 
Unrealized losses$23.1 $26.9 

The amortized cost of available-for-sale debt securities was $943 million as of March 31, 2025 and $931.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.37%, an average duration of approximately 6.43 years, and an average maturity of approximately 12.67 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $78.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.

The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$324.8 $6.7 $543.8 $8.8 
More than 12 months165.0 16.4 178.4 18.1 
Total$489.8 $23.1 $722.2 $26.9 
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$3.7 $4.4 
1 year - 5 years221.2 188.2 
5 years - 10 years212.0 259.4 
10 years - 15 years97.4 80.9 
15 years - 20 years103.6 106.1 
20 years+288.2 269.1 
Total$926.1 $908.1 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$110.0 $48.4 
Realized gains$0.1 $0.2 
Realized losses$1.5 $2.9 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.

System Energy

System Energy holds equity securities and available-for-sale debt securities in nuclear decommissioning trust accounts.  The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$574.9 $559.8 
Unrealized gains$4.7 $1.9 
Unrealized losses$20.6 $27.6 

The amortized cost of available-for-sale debt securities was $590.7 million as of March 31, 2025 and $585.5 million as of December 31, 2024.  As of March 31, 2025, the available-for-sale debt securities had an average coupon rate of approximately 4.16%, an average duration of approximately 6.35 years, and an average maturity of approximately 10.71 years.

The unrealized gains/(losses) recognized during the three months ended March 31, 2025 on equity securities still held as of March 31, 2025 were $53.8 million. The equity securities are generally held in funds that are designed to approximate or somewhat exceed the return of the Standard & Poor’s 500 Index. A relatively small percentage of the equity securities are held in funds that are designed to approximate or somewhat exceed the return of the Wilshire 4500 Index. The debt securities are generally held in individual government and credit issuances.
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$154.4 $2.9 $275.6 $6.8 
More than 12 months120.6 17.7 136.8 20.8 
Total$275.0 $20.6 $412.4 $27.6 

The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$0.2 $0.2 
1 year - 5 years185.8 243.7 
5 years - 10 years192.4 138.9 
10 years - 15 years36.2 22.7 
15 years - 20 years48.6 49.4 
20 years+111.7 104.9 
Total$574.9 $559.8 

The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$152.3 $108.0 
Realized gains$0.6 $0.2 
Realized losses$2.7 $3.5 

During the three months ended March 31, 2025 and 2024, gross gains and gross losses related to available-for-sale debt securities were reclassified out of other regulatory liabilities/assets into earnings.
v3.25.1
Income Taxes
3 Months Ended
Mar. 31, 2025
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
Entergy Arkansas [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
Entergy Louisiana [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
Entergy Mississippi [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
Entergy New Orleans [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
Entergy Texas [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
System Energy [Member]  
Income Tax Disclosure [Text Block] INCOME TAXES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See “Income Tax Audits” and “Other Tax Matters” in Note 3 to the financial statements in the Form 10-K for a discussion of income tax audits, the Tax Cuts and Jobs Act, and other income tax matters involving Entergy. There are no material updates to the information discussed in Note 3 to the financial statements in the Form 10-K.
v3.25.1
Variable Interest Entities
3 Months Ended
Mar. 31, 2025
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
Entergy Arkansas [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
Entergy Louisiana [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
Entergy Mississippi [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
Entergy New Orleans [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
Entergy Texas [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
System Energy [Member]  
Variable Interest Entity Disclosure [Text Block] VARIABLE INTEREST ENTITIES (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
See Note 17 to the financial statements in the Form 10-K for a discussion of variable interest entities (VIEs).  See Note 4 to the financial statements herein for details of the nuclear fuel companies’ credit facilities, commercial paper borrowings, and long-term debt. See Note 6 to the financial statements in the Form 10-K for discussion of noncontrolling interests.

Restoration Law Trust I (the storm trust I), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust I was $2.8 billion and $2.9 billion, respectively, of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust I is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $28.4 million as of March 31, 2025 and $28.8 million as of December 31, 2024.

Restoration Law Trust II (the storm trust II), a trust consolidated by Entergy Louisiana, is a VIE and Entergy Louisiana is the primary beneficiary. As of March 31, 2025 and December 31, 2024, the primary asset held by the storm trust II was $1.4 billion of outstanding Entergy Finance Company preferred membership interests, which is reflected as an investment in affiliate preferred membership interests on the consolidated balance sheets of Entergy Louisiana. The LURC’s 1% beneficial interest in the storm trust II is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Louisiana, with balances of $14.1 million as of March 31, 2025 and $13.9 million as of December 31, 2024.

System Energy is considered to hold a variable interest in the lessor from which it leases an undivided interest in the Grand Gulf nuclear plant. System Energy is the lessee under this arrangement, which is described in more detail in Note 5 to the financial statements in the Form 10-K. System Energy made payments under this arrangement, including interest, of $8.6 million in each of the three months ended March 31, 2025 and the three months ended March 31, 2024.

AR Searcy Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Arkansas is required to consolidate as it is the primary beneficiary. As of March 31, 2025, AR Searcy Partnership, LLC recorded assets equal to $128.5 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.8 million. As of December 31, 2024, AR Searcy Partnership, LLC recorded assets equal to $129.7 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Arkansas’s ownership interest in the partnership was approximately $113.2 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Arkansas.

MS Sunflower Partnership, LLC is a tax equity partnership that qualifies as a VIE, which Entergy Mississippi is required to consolidate as it is the primary beneficiary. As of March 31, 2025, MS Sunflower Partnership, LLC recorded assets equal to $154.9 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $137.4 million. As of December 31, 2024, MS Sunflower Partnership, LLC recorded assets equal to $157.8 million, primarily consisting of property, plant, and equipment, and the carrying value of Entergy Mississippi’s ownership interest in the partnership was approximately $132.7 million. The tax equity investor’s ownership interest is recorded as noncontrolling interest on the consolidated balance sheets of Entergy and Entergy Mississippi.
v3.25.1
Revenue
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Arkansas [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Louisiana [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Mississippi [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy New Orleans [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Texas [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
System Energy [Member]  
Revenue from Contract with Customer [Text Block] REVENUE (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)
Operating Revenues

See Note 19 to the financial statements in the Form 10-K for a discussion of revenue recognition.  Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 

The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
v3.25.1
Acquisitions, Held for Sale, and Dispositions (Notes)
3 Months Ended
Mar. 31, 2025
Mergers, Acquisitions and Dispositions Disclosures HELD FOR SALE (Entergy Corporation, Entergy Louisiana, and Entergy New Orleans)
Held for Sale

See Note 14 to the financial statements in the Form 10-K for information regarding the planned sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses. The following are updates to that discussion.

Natural Gas Distribution Businesses

On October 28, 2023, Entergy New Orleans and Entergy Louisiana each entered into separate purchase and sale agreements with respect to the sale of their respective regulated natural gas local distribution company businesses to two separate affiliates of Bernhard Capital Partners Management LP. Under the purchase and sale agreements, Entergy New Orleans has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of Orleans, Louisiana, and Entergy Louisiana has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of East Baton Rouge, Louisiana. The Entergy Louisiana and Entergy New Orleans natural gas distribution businesses are reflected in Entergy’s Utility reportable segment and in the respective single reportable segment for each of Entergy Louisiana and Entergy New Orleans.
Required regulatory approval was received from the LPSC and the City Council in August 2024 and December 2024, respectively. In February 2025 the Metropolitan Council of the Parish of East Baton Rouge approved the proposed sale of the Entergy Louisiana natural gas distribution business and also approved the assignment of the parish franchise from Entergy Louisiana to Delta Capital Gas Company, LLC (a Bernhard Capital Partners Management LP affiliate).

The transactions have two phases: (1) an “Initial Phase” prior to regulatory approvals in connection with both transactions; and (2) a “Second Phase” following regulatory approvals in connection with both transactions to the extent that certain conditions are satisfied or, where permissible, waived for both transactions. As described above, the transactions have received all required regulatory approvals, and the Second Phase commenced on March 5, 2025.

Under the purchase and sale agreements, the closing of the transactions is not required to occur earlier than six months following the initiation of the Second Phase; however, the parties may agree to close prior to that date. The purchase and sale agreements may be terminated by either party in the event the closing has not occurred prior to October 28, 2025. Neither transaction is subject to a financing condition for the applicable buyer.
As of March 31, 2025 and December 31, 2024, the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses met the criteria to be classified as held for sale. As of March 31, 2025, neither Entergy Louisiana nor Entergy New Orleans has recognized any write downs of the natural gas distribution business assets as a result of their classification as held for sale, as neither sale is expected to result in a loss. The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.

Entergy Louisiana and Entergy New Orleans will continue to recognize depreciation on the natural gas distribution businesses assets since they will continue to receive revenues through utility customer rates until the closing of the transaction, and because the final purchase price for the natural gas distribution businesses will be adjusted by an amount equal to that depreciation, among other adjustments.
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
Entergy Louisiana [Member]  
Mergers, Acquisitions and Dispositions Disclosures HELD FOR SALE (Entergy Corporation, Entergy Louisiana, and Entergy New Orleans)
Held for Sale

See Note 14 to the financial statements in the Form 10-K for information regarding the planned sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses. The following are updates to that discussion.

Natural Gas Distribution Businesses

On October 28, 2023, Entergy New Orleans and Entergy Louisiana each entered into separate purchase and sale agreements with respect to the sale of their respective regulated natural gas local distribution company businesses to two separate affiliates of Bernhard Capital Partners Management LP. Under the purchase and sale agreements, Entergy New Orleans has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of Orleans, Louisiana, and Entergy Louisiana has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of East Baton Rouge, Louisiana. The Entergy Louisiana and Entergy New Orleans natural gas distribution businesses are reflected in Entergy’s Utility reportable segment and in the respective single reportable segment for each of Entergy Louisiana and Entergy New Orleans.
Required regulatory approval was received from the LPSC and the City Council in August 2024 and December 2024, respectively. In February 2025 the Metropolitan Council of the Parish of East Baton Rouge approved the proposed sale of the Entergy Louisiana natural gas distribution business and also approved the assignment of the parish franchise from Entergy Louisiana to Delta Capital Gas Company, LLC (a Bernhard Capital Partners Management LP affiliate).

The transactions have two phases: (1) an “Initial Phase” prior to regulatory approvals in connection with both transactions; and (2) a “Second Phase” following regulatory approvals in connection with both transactions to the extent that certain conditions are satisfied or, where permissible, waived for both transactions. As described above, the transactions have received all required regulatory approvals, and the Second Phase commenced on March 5, 2025.

Under the purchase and sale agreements, the closing of the transactions is not required to occur earlier than six months following the initiation of the Second Phase; however, the parties may agree to close prior to that date. The purchase and sale agreements may be terminated by either party in the event the closing has not occurred prior to October 28, 2025. Neither transaction is subject to a financing condition for the applicable buyer.
As of March 31, 2025 and December 31, 2024, the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses met the criteria to be classified as held for sale. As of March 31, 2025, neither Entergy Louisiana nor Entergy New Orleans has recognized any write downs of the natural gas distribution business assets as a result of their classification as held for sale, as neither sale is expected to result in a loss. The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.

Entergy Louisiana and Entergy New Orleans will continue to recognize depreciation on the natural gas distribution businesses assets since they will continue to receive revenues through utility customer rates until the closing of the transaction, and because the final purchase price for the natural gas distribution businesses will be adjusted by an amount equal to that depreciation, among other adjustments.
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
Entergy New Orleans [Member]  
Mergers, Acquisitions and Dispositions Disclosures HELD FOR SALE (Entergy Corporation, Entergy Louisiana, and Entergy New Orleans)
Held for Sale

See Note 14 to the financial statements in the Form 10-K for information regarding the planned sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses. The following are updates to that discussion.

Natural Gas Distribution Businesses

On October 28, 2023, Entergy New Orleans and Entergy Louisiana each entered into separate purchase and sale agreements with respect to the sale of their respective regulated natural gas local distribution company businesses to two separate affiliates of Bernhard Capital Partners Management LP. Under the purchase and sale agreements, Entergy New Orleans has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of Orleans, Louisiana, and Entergy Louisiana has agreed to sell its regulated natural gas local distribution company business serving customers in the Parish of East Baton Rouge, Louisiana. The Entergy Louisiana and Entergy New Orleans natural gas distribution businesses are reflected in Entergy’s Utility reportable segment and in the respective single reportable segment for each of Entergy Louisiana and Entergy New Orleans.
Required regulatory approval was received from the LPSC and the City Council in August 2024 and December 2024, respectively. In February 2025 the Metropolitan Council of the Parish of East Baton Rouge approved the proposed sale of the Entergy Louisiana natural gas distribution business and also approved the assignment of the parish franchise from Entergy Louisiana to Delta Capital Gas Company, LLC (a Bernhard Capital Partners Management LP affiliate).

The transactions have two phases: (1) an “Initial Phase” prior to regulatory approvals in connection with both transactions; and (2) a “Second Phase” following regulatory approvals in connection with both transactions to the extent that certain conditions are satisfied or, where permissible, waived for both transactions. As described above, the transactions have received all required regulatory approvals, and the Second Phase commenced on March 5, 2025.

Under the purchase and sale agreements, the closing of the transactions is not required to occur earlier than six months following the initiation of the Second Phase; however, the parties may agree to close prior to that date. The purchase and sale agreements may be terminated by either party in the event the closing has not occurred prior to October 28, 2025. Neither transaction is subject to a financing condition for the applicable buyer.
As of March 31, 2025 and December 31, 2024, the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses met the criteria to be classified as held for sale. As of March 31, 2025, neither Entergy Louisiana nor Entergy New Orleans has recognized any write downs of the natural gas distribution business assets as a result of their classification as held for sale, as neither sale is expected to result in a loss. The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.

Entergy Louisiana and Entergy New Orleans will continue to recognize depreciation on the natural gas distribution businesses assets since they will continue to receive revenues through utility customer rates until the closing of the transaction, and because the final purchase price for the natural gas distribution businesses will be adjusted by an amount equal to that depreciation, among other adjustments.
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
v3.25.1
Insider Trading Arrangements - shares
1 Months Ended 2 Months Ended 3 Months Ended
Mar. 31, 2025
Feb. 28, 2025
Mar. 31, 2025
Trading Arrangements, by Individual      
Material Terms of Trading Arrangement    
During the three months ended March 31, 2025, the following directors or officers of Entergy or the Registrant Subsidiaries adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K:
Name and TitleActionDate of ActionType of Trading Arrangement
(a)
Aggregate Number of Shares to be Purchased or SoldExpiration Date
(b)
Kimberly A. Fontan, Executive Vice President and Chief Financial Officer of Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy
Chair of the Board and President of System Energy
Adopted02/28/2025Rule 10b5-1 trading arrangement
Up to 27,890 shares to be sold (c)
12/31/2025
Kimberly Cook-Nelson, Executive Vice President and Chief Operating Officer of Entergy Corporation
Director of Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas (d)
Adopted03/06/2025Rule 10b5-1 trading arrangement
Up to 28,660 shares to be sold (e)
12/31/2025

(a)Each trading arrangement marked as a Rule 10b5-1 trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c).
(b)Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or (b) the expiration date listed in the table. Each trading arrangement marked as a “Rule 10b5-1 Plan” only permitted or only permits transactions upon expiration of the applicable mandatory cooling-off period under Rule 10b5-1(c), as amended.
(c)This trading arrangement provides for the sale of up to 27,890 shares upon the exercise of outstanding options.
(d)This position was effective May 1, 2025. Prior to this date, Kimberly Cook-Nelson held the title of Executive Vice President and Chief Nuclear Officer of Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy, and Director of System Energy.
(e)This trading arrangement provides for the sale of up to 21,160 shares upon the exercise of outstanding options and for the sale of up to 7,500 shares of Entergy Corporation common stock owned outright.

Other than those disclosed above, no director or officer of Entergy or any of the Registrant Subsidiaries adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” during the three months ended March 31, 2025.
Non-Rule 10b5-1 Arrangement Adopted     false
Rule 10b5-1 Arrangement Terminated     false
Non-Rule 10b5-1 Arrangement Terminated     false
Kimberly A. Fontan [Member]      
Trading Arrangements, by Individual      
Name     Kimberly A. Fontan
Title     Executive Vice President and Chief Financial Officer of Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System EnergyChair of the Board and President of System Energy
Rule 10b5-1 Arrangement Adopted     true
Adoption Date     Feb. 28, 2025
Expiration Date     Dec. 31, 2025
Aggregate Available 27,890   27,890
Kimberly Cook-Nelson [Member]      
Trading Arrangements, by Individual      
Name     Kimberly Cook-Nelson
Title Executive Vice President and Chief Operating Officer of Entergy CorporationDirector of Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas (d) Executive Vice President and Chief Nuclear Officer of Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy, and Director of System Energy  
Rule 10b5-1 Arrangement Adopted     true
Adoption Date     Mar. 06, 2025
Expiration Date     Dec. 31, 2025
Aggregate Available 28,660   28,660
Outstanding Options [Member] | Kimberly Cook-Nelson [Member]      
Trading Arrangements, by Individual      
Aggregate Available 21,160   21,160
Entergy Corporation common stock owned outright [Member] | Kimberly Cook-Nelson [Member]      
Trading Arrangements, by Individual      
Aggregate Available 7,500   7,500
v3.25.1
Commitment and Contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Long-Term Purchase Commitment [Table Text Block] The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152
Entergy Arkansas [Member]  
Long-Term Purchase Commitment [Table Text Block] The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152
Entergy Louisiana [Member]  
Long-Term Purchase Commitment [Table Text Block] The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152
Entergy Mississippi [Member]  
Long-Term Purchase Commitment [Table Text Block] The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152
Entergy Texas [Member]  
Long-Term Purchase Commitment [Table Text Block] The aggregate minimum commitment as allocated by unit among the Utility operating companies is as follows:
PIE
CT
Entergy Arkansas41
Entergy Louisiana9
Entergy Mississippi2
Entergy Texas1
Total152
v3.25.1
Equity (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents Entergy’s basic and diluted earnings per share calculations for the three months ended March 31, 2025 and 2024, included on the consolidated income statements:
For the Three Months Ended March 31,
20252024
(Dollars In Thousands, Except Per Share Data; Shares in Millions)
$/share$/share
Consolidated net income$362,422 $76,536 
Less: Preferred dividend requirements of subsidiaries and noncontrolling interests1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 
Basic shares and earnings per average common share430.3 $0.84 426.3 $0.18 
Average dilutive effect of:
Stock options0.9 — 0.5 — 
Other equity plans1.5 — 0.9 — 
Equity forwards7.9 (0.02)— — 
Diluted shares and earnings per average common shares440.6 $0.82 427.7 $0.18 

Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method. The calculation of diluted earnings per share excluded 244,091 stock options outstanding for the three months ended March 31, 2025 and 2,282,518 stock options outstanding for the three months ended March 31, 2024 because their effect would have been antidilutive. Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method. Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price. The calculation of diluted earnings per share excluded 185,897 shares for the three months ended March 31, 2025 and 3,820,510 shares for the three months ended March 31, 2024 under forward sale agreements outstanding because their effect would have been antidilutive.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$42,769 ($162,460)
Amounts reclassified from accumulated other comprehensive income (loss)
(3,729)(3,668)
Net other comprehensive loss for the period
(3,729)(3,668)
Ending balance, March 31,$39,040 ($166,128)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (loss) (AOCI) for Entergy for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$3,462 $3,473 (a)
   Amortization of net gain2,551 1,397 (a)
Total amortization
6,013 4,870 
Income taxes(2,284)(1,202)Income taxes
Total amortization (net of tax)
$3,729 $3,668 
Total reclassifications for the period (net of tax)$3,729 $3,668 

(a)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and other postretirement cost. See Note 6 to the financial statements herein for additional details.
Schedule of Forward Sales Agreements
The following forward sale agreements were entered into by Entergy Corporation under its at the market equity distribution program during the three months ended March 31, 2025:
Effective DateShares of Common Stock per Forward Sale AgreementMaturity DateForward Sale Price per ShareGross Sales PriceForward Sellers Fees
(Dollars In Thousands, Except Per Share Data)
March 20252,713,790 August 2026$84.77 $232,216 $2,322 
Entergy Louisiana [Member]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income for Entergy Louisiana for the three months ended March 31, 2025 and 2024:
Pension and Other Postretirement Plan Changes
20252024
(In Thousands)
Beginning balance, January 1,$53,658 $54,798 
Amounts reclassified from accumulated other comprehensive income(971)(2,024)
Net other comprehensive loss for the period(971)(2,024)
Ending balance, March 31,$52,687 $52,774 
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Total reclassifications out of accumulated other comprehensive income (AOCI) for Entergy Louisiana for the three months ended March 31, 2025 and 2024 are as follows:
Amounts reclassified from AOCIIncome Statement Location
20252024
(In Thousands)
Pension and other postretirement plan changes
   Amortization of prior service credit$1,136 $1,136 (a)
   Amortization of net gain1,719 1,634 (a)
Total amortization
2,855 2,770 
Income taxes(1,884)(746)Income taxes
Total amortization (net of tax)
$971 $2,024 
Total reclassifications for the period (net of tax)$971 $2,024 

(a)These accumulated other comprehensive income components are included in the computation of net periodic pension and other postretirement cost.  See Note 6 to the financial statements herein for additional details.
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Line of Credit Facilities [Table Text Block] The following is a summary of the amounts outstanding and capacity available under the credit facility as of March 31, 2025:
Capacity BorrowingsLetters
of Credit
Capacity
Available
(In Millions)
$3,000$—$4$2,996
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Arkansas [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.
Schedule of uncommitted standby letter of credit facilities [Table Text Block] The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of nuclear fuel company VIE credit facilities [Table Text Block] To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Schedule of nuclear fuel company VIE notes payable [Table Text Block]
The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Louisiana [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.
Schedule of uncommitted standby letter of credit facilities [Table Text Block] The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of nuclear fuel company VIE credit facilities [Table Text Block] To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Schedule of nuclear fuel company VIE notes payable [Table Text Block]
The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Mississippi [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.
Schedule of uncommitted standby letter of credit facilities [Table Text Block] The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy New Orleans [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.
Schedule of uncommitted standby letter of credit facilities [Table Text Block] The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
Entergy Texas [Member]  
Schedule of Line of Credit Facilities [Table Text Block]
Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each had credit facilities available as of March 31, 2025 as follows:
CompanyExpiration
Date
Amount of
Facility
Interest Rate
(a)
Amount Drawn
as of
March 31, 2025
Letters of Credit
Outstanding as of
March 31, 2025
Entergy ArkansasApril 2026$25 million (b)6.27%$—$—
Entergy ArkansasJune 2029$300 million (c)5.55%$—$—
Entergy LouisianaJune 2029$400 million (c)5.67%$—$—
Entergy MississippiJune 2029$300 million (c)5.55%$—$—
Entergy New OrleansJune 2027$25 million (c)6.05%$—$—
Entergy TexasJune 2029$300 million (c)5.67%$—$1.1 million

(a)The interest rate is the estimated interest rate as of March 31, 2025 that would have been applied to outstanding borrowings under the facility.
(b)Borrowings under this Entergy Arkansas credit facility may be secured by a security interest in its accounts receivable at Entergy Arkansas’s option.
(c)The credit facility includes fronting commitments for the issuance of letters of credit against a portion of the borrowing capacity of the facility as follows: $5 million for Entergy Arkansas; $15 million for Entergy Louisiana; $5 million for Entergy Mississippi; $10 million for Entergy New Orleans; and $25 million for Entergy Texas.
Schedule of uncommitted standby letter of credit facilities [Table Text Block] The following is a summary of the uncommitted standby letter of credit facilities as of March 31, 2025:
CompanyAmount of
Uncommitted Facility
Letter of Credit FeeLetters of Credit
Issued as of
March 31, 2025
(a) (b)
Entergy Arkansas$25 million0.78%$17.1 million
Entergy Louisiana$125 million 0.78%$56.2 million
Entergy Mississippi$65 million0.78%$32.6 million
Entergy New Orleans$1 million1.625%$0.5 million
Entergy Texas$150 million1.250%$105.4 million

(a)As of March 31, 2025, no letters of credit were posted with MISO to cover financial transmission rights at the Utility operating companies.
(b)As of March 31, 2025, the letters of credit issued for Entergy Mississippi include $31.3 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
System Energy [Member]  
Schedule of Short-Term Debt [Table Text Block] The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries:
 AuthorizedBorrowings
 (In Millions)
Entergy Arkansas$250$—
Entergy Louisiana $450 $—
Entergy Mississippi$200$—
Entergy New Orleans$150$—
Entergy Texas$200$—
System Energy$200$—
Schedule of nuclear fuel company VIE credit facilities [Table Text Block] To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:
CompanyExpiration
Date
Amount
of
Facility
Weighted-
 Average Interest
 Rate on
 Borrowings (a)
Amount
Outstanding as of
March 31, 2025
(Dollars in Millions)
Entergy Arkansas VIEJune 2027$805.44%$5.4
Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3
Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3
System Energy VIEJune 2027$1205.43%$58.9

(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas, Entergy Louisiana, and System Energy. The nuclear fuel company VIE for Entergy Louisiana River Bend does not issue commercial paper, but borrows directly on its bank credit facility.
Schedule of nuclear fuel company VIE notes payable [Table Text Block]
The nuclear fuel company VIEs had notes payable that were included in debt on the respective balance sheets as of March 31, 2025 as follows:
CompanyDescriptionAmount
Entergy Arkansas VIE
1.84% Series N due July 2026
$90 million
Entergy Arkansas VIE
5.54% Series O due May 2029
$70 million
Entergy Louisiana River Bend VIE
2.51% Series V due June 2027
$70 million
Entergy Louisiana Waterford VIE
5.94% Series J due September 2026
$70 million
System Energy VIE
2.05% Series K due September 2027
$90 million
Schedule of Long-Term Debt Instruments [Table Text Block]
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$29,594,991 $26,976,295 
Entergy Arkansas$5,107,853 $4,538,510 
Entergy Louisiana$10,405,643 $9,371,023 
Entergy Mississippi$3,020,618 $2,712,650 
Entergy New Orleans$737,355 $697,047 
Entergy Texas$4,047,376 $3,723,403 
System Energy$1,076,797 $1,063,300 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:
Book Value
of Long-Term Debt
Fair Value
of Long-Term Debt (a)
(In Thousands)
Entergy$27,991,595 $25,181,802 
Entergy Arkansas$5,122,494 $4,546,643 
Entergy Louisiana$9,866,453 $8,751,266 
Entergy Mississippi$2,427,073 $2,116,246 
Entergy New Orleans$735,467 $697,466 
Entergy Texas$3,552,443 $3,176,230 
System Energy$1,089,736 $1,063,946 

(a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.
v3.25.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Employee Stock Option  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for stock options for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Compensation expense included in Entergy’s consolidated net income$1.1 $1.1 
Tax benefit recognized in Entergy’s consolidated net income$0.3 $0.3 
Compensation cost capitalized as part of fixed assets and materials and supplies$0.5 $0.5 
Other Equity Awards [Member]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
The following table includes financial information for other outstanding equity awards for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Compensation expense included in Entergy’s consolidated net income$10.0 $9.9 
Tax benefit recognized in Entergy’s consolidated net income$2.5 $2.5 
Compensation cost capitalized as part of fixed assets and materials and supplies$4.8 $4.5 
v3.25.1
Retirement And Other Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2025
Defined Benefit Plan Disclosure [Line Items]  
Schedule of reclassifications out of accumulated other comprehensive income [Table Text Block]
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 
Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
Entergy’s qualified pension costs, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
20252024
(In Thousands)
Service cost - benefits earned during the period$23,617 $23,376 
Interest cost on projected benefit obligation59,680 70,626 
Expected return on assets(75,280)(95,980)
Recognized net loss13,309 15,120 
Net pension cost$21,326 $13,142 
Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
Entergy’s other postretirement benefits income, including amounts capitalized, for the three months ended March 31, 2025 and 2024, included the following components:
 20252024
 (In Thousands)
Service cost - benefits earned during the period$2,757 $3,126 
Interest cost on accumulated postretirement benefits obligation (APBO)
9,690 9,852 
Expected return on assets(10,209)(10,569)
Amortization of prior service credit(5,720)(5,720)
Recognized net gain(3,870)(2,761)
Net other postretirement benefits income($7,352)($6,072)
Entergy Arkansas [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Arkansas [Member] | Pension Plan [Member] | Nonqualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 
Entergy Arkansas [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Entergy Louisiana [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of reclassifications out of accumulated other comprehensive income [Table Text Block]
Entergy and Entergy Louisiana reclassified the following costs out of accumulated other comprehensive income (loss) (before taxes and including amounts capitalized) for the three months ended March 31, 2025 and 2024:
2025Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,493 ($31)$3,462 
Amortization of net gain (loss)(411)3,070 (108)2,551 
($411)$6,563 ($139)$6,013 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(91)1,811 (1)1,719 
($91)$2,947 ($1)$2,855 

2024Qualified
Pension
Costs
Other
Postretirement
Costs
Non-Qualified
Pension Costs
Total
(In Thousands)
Entergy
Amortization of prior service credit (cost)$— $3,513 ($40)$3,473 
Amortization of net gain (loss)(1,138)2,615 (80)1,397 
($1,138)$6,128 ($120)$4,870 
Entergy Louisiana
Amortization of prior service credit$— $1,136 $— $1,136 
Amortization of net gain (loss)(104)1,738 — 1,634 
($104)$2,874 $— $2,770 
Entergy Louisiana [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Louisiana [Member] | Pension Plan [Member] | Nonqualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 
Entergy Louisiana [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Entergy Mississippi [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Mississippi [Member] | Pension Plan [Member] | Nonqualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 
Entergy Mississippi [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Entergy New Orleans [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy New Orleans [Member] | Pension Plan [Member] | Nonqualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 
Entergy New Orleans [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
Entergy Texas [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
Entergy Texas [Member] | Pension Plan [Member] | Nonqualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries recognized the following pension cost for their current and former employees for their non-qualified pension plans for the three months ended March 31, 2025 and 2024:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
(In Thousands)
2025$47 $36 $90 $35 $39 
2024$68 $51 $83 $31 $62 
Entergy Texas [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
System Energy [Member] | Pension Plan [Member] | Qualified Plan  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ qualified pension costs, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024, included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,427 $5,454 $1,304 $411 $1,024 $1,372 
Interest cost on projected benefit obligation13,814 14,704 3,699 1,647 2,973 3,585 
Expected return on assets(17,676)(18,897)(4,949)(2,174)(3,889)(4,575)
Recognized net loss4,791 2,268 822 415 454 1,114 
Net pension cost$5,356 $3,529 $876 $299 $562 $1,496 

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
 Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$4,099 $5,551 $1,284 $440 $961 $1,384 
Interest cost on projected benefit obligation13,217 13,961 3,521 1,569 2,831 3,391 
Expected return on assets(18,155)(19,447)(5,113)(2,204)(4,077)(4,648)
Recognized net loss5,746 2,602 1,140 470 393 1,165 
Net pension cost$4,907 $2,667 $832 $275 $108 $1,292 
Schedule of Expected Benefit Payments [Table Text Block] Based on current assumptions, the Registrant Subsidiaries expect to contribute the following to qualified pension plans for their current and former employees in 2025:
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Expected 2025 pension contributions$35,544 $41,253 $8,064 $5,016 $7,725 $15,668 
Pension contributions made through March 2025$10,776 $9,513 $2,580 $1,144 $1,745 $3,328 
Remaining estimated pension contributions to be made in 2025$24,768 $31,740 $5,484 $3,872 $5,980 $12,340 
System Energy [Member] | Other Postretirement Benefits Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs [Table Text Block]
The Registrant Subsidiaries’ other postretirement benefits income, including amounts capitalized, for their current and former employees for the three months ended March 31, 2025 and 2024 included the following components:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$572 $671 $162 $52 $159 $174 
Interest cost on APBO1,775 2,012 489 249 582 394 
Expected return on assets(4,225)— (1,328)(1,445)(2,452)(702)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss(353)(1,811)(57)(27)153 (7)
Net other postretirement benefits income($1,707)($264)($973)($1,400)($2,651)($214)

2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New Orleans
Entergy
Texas
System
Energy
(In Thousands)
Service cost - benefits earned during the period$642 $700 $184 $51 $168 $175 
Interest cost on APBO1,833 1,999 486 253 603 398 
Expected return on assets(4,384)— (1,372)(1,479)(2,539)(728)
Amortization of prior service cost (credit)524 (1,136)(239)(229)(1,093)(73)
Recognized net (gain) loss— (1,738)15 19 148 — 
Net other postretirement benefits income($1,385)($175)($926)($1,385)($2,713)($228)
v3.25.1
Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present segment financial information for Entergy’s single reportable segment, Utility, and a reconciliation to the corresponding consolidated amounts for Entergy Corporation for the three months ended March 31, 2025 and 2024:
UtilityParent & OtherEliminationsConsolidated
(In Thousands)
2025
Depreciation, amortization, and decommissioning$567,187 $1,685 $— $568,872 
Interest and investment income$107,175 $1,688 ($75,457)$33,406 
Interest expense$267,131 $62,869 ($209)$329,791 
Income taxes$114,273 ($14,232)$— $100,041 
Total assets as of March 31, 2025
$70,774,423 $733,093 ($4,887,107)$66,620,409 
Total expenditures for additions to long-lived assets$1,749,817 $191 $— $1,750,008 
2024
Asset write-offs, impairments, and related charges (credits)$131,775 $— $— $131,775 
Depreciation, amortization, and decommissioning$551,489 $1,554 $— $553,043 
Interest and investment income$225,251 $5,368 ($79,922)$150,697 
Interest expense$212,148 $55,413 ($361)$267,200 
Income taxes$34,548 ($13,554)$— $20,994 
Total assets as of December 31, 2024
$68,951,564 $721,459 ($4,882,991)$64,790,032 
Total expenditures for additions to long-lived assets$1,266,823 $258 $— $1,267,081 

Eliminations are primarily intersegment activity. All of Entergy’s goodwill is related to the Utility segment.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following table includes operating revenues and significant expense categories regularly provided to the chief operating decision maker for the Utility segment, a reconciliation of Utility operating revenues to Entergy’s consolidated operating revenues, and a reconciliation of Utility net income to consolidated net income and net income attributable to Entergy Corporation for the three months ended March 31, 2025 and 2024:
20252024
(In Thousands)
Utility operating revenues$2,829,597 $2,772,173 
Reconciliation of revenues:
Other revenues (a)17,303 22,476 
Elimination of intersegment revenues(26)(21)
Consolidated operating revenues2,846,874 2,794,628 
Less Utility expenses and other items:
Fuel, fuel-related expenses, and gas purchased for resale338,983 604,404 
Purchased power342,084 219,194 
Other operation and maintenance expenses662,474 680,715 
Other regulatory charges (credits) - net(16,843)109,346 
Other Utility items (b)1,011,857 962,534 
Utility net income491,042 195,980 
Reconciliation of net income:
Other loss(53,372)(39,883)
Elimination of intersegment loss(75,248)(79,561)
Consolidated net income362,422 76,536 
Preferred dividend requirements of subsidiaries and noncontrolling interests (c)1,662 1,255 
Net income attributable to Entergy Corporation$360,760 $75,281 

(a)See Note 12 to the financial statements herein and Note 19 to the financial statements in the Form 10-K for discussion of other revenues.
(b)Other Utility items includes nuclear refueling outage expenses, asset write-offs, decommissioning expenses, taxes other than income taxes, depreciation and amortization expenses, other income, interest expense, and income tax expense.
(c)Preferred dividend requirements of subsidiaries and noncontrolling interests is substantially derived from the Utility segment. See Note 6 to the financial statements in the Form 10-K for discussion of preferred stock and noncontrolling interests.
v3.25.1
Risk Management And Fair Values (Tables)
3 Months Ended
Mar. 31, 2025
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of Entergy’s derivative instruments not designated as hedging instruments on the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are shown in the table below.  Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and
are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8$—$8
Financial transmission rightsPrepayments and other$7$—$7
2024
Assets:
Natural gas swapsPrepayments and other$2$—$2
Financial transmission rightsPrepayments and other$21($1)$20
Liabilities:
Financial transmission rightsOther current liabilities($—)$1$1

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Entergy Corporation and Subsidiaries’ Consolidated Balance Sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $2 million as of December 31, 2024
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of Entergy’s derivative instruments not designated as hedging instruments on the consolidated income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement
Location
Amount of gain (loss)
recorded in the income statement
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)$11
Financial transmission rightsPurchased power expense(b)$49
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale(a)($6)
Financial transmission rightsPurchased power expense(b)$53
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth, by level within the fair value hierarchy, Entergy’s assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment
of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.
2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$1,444 $— $— $1,444 
Decommissioning trust funds (a):
Equity securities41 — — 41 
Debt securities861 1,230 — 2,091 
Common trusts (b)3,315 
Securitization recovery trust account10 — — 10 
Storm reserve escrow accounts300 — — 300 
Natural gas swaps— — 
Financial transmission rights— — 
$2,664 $1,230 $7 $7,216 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:    
Temporary cash investments$811 $— $— $811 
Decommissioning trust funds (a):
Equity securities30 — — 30 
Debt securities848 1,199 — 2,047 
Common trusts (b)3,486 
Securitization recovery trust account— — 
Storm reserve escrow accounts340 — — 340 
Natural gas swaps— — 
Financial transmission rights— — 20 20 
 $2,035 $1,199 $20 $6,740 
Liabilities:    
Financial transmission rights$— $— $1 $1 

(a)The decommissioning trust funds hold equity and fixed income securities. Equity securities are invested to approximate the returns of major market indices.  Fixed income securities are held in various governmental and corporate securities.  See Note 9 to the financial statements herein for additional information on the investment portfolios.
(b)Common trust funds are not publicly quoted and are valued by the fund administrators using net asset value as a practical expedient. Accordingly, these funds are not assigned a level in the fair value table. The fund administrator of these investments allows daily trading at the net asset value and trades settle at a later date.
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025 and 2024:
20252024
(In Millions)
Balance as of January 1,$20 $21 
Gains included as a regulatory liability/asset36 41 
Settlements(49)(53)
Balance as of March 31,$7 $9 
Entergy Arkansas [Member]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth, by level within the fair value hierarchy, the Registrant Subsidiaries’ assets and liabilities that are accounted for at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.  The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect placement within the fair value hierarchy levels.

Entergy Arkansas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$54.9 $— $— $54.9 
Decommissioning trust funds (a):
Equity securities19.5 — — 19.5 
Debt securities265.9 324.2 — 590.1 
Common trusts (b)961.6 
Financial transmission rights— — 3.0 3.0 
$340.3 $324.2 $3.0 $1,629.1 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$3.4 $— $— $3.4 
Decommissioning trust funds (a):
Equity securities12.9 — — 12.9 
Debt securities259.9 319.1 — 579.0 
Common trusts (b)1,012.5 
Financial transmission rights— — 8.5 8.5 
$276.2 $319.1 $8.5 $1,616.3 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Louisiana [Member]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Entergy Louisiana

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$392.0 $— $— $392.0 
Decommissioning trust funds (a):
Equity securities17.1 — — 17.1 
Debt securities329.2 596.9 — 926.1 
Common trusts (b)1,435.0 
Storm reserve escrow account226.0 — — 226.0 
Financial transmission rights— — 3.4 3.4 
$964.3 $596.9 $3.4 $2,999.6 

2024Level 1Level 2Level 3Total
 (In Millions)
Assets:    
Temporary cash investments$326.8 $— $— $326.8 
Decommissioning trust funds (a):
Equity securities14.5 — — 14.5 
Debt securities326.0 582.1 — 908.1 
Common trusts (b)1,506.5 
Storm reserve escrow account256.7 — — 256.7 
Financial transmission rights— — 8.6 8.6 
 $924.0 $582.1 $8.6 $3,021.2 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Mississippi [Member]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Entergy Mississippi

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$598.0 $— $— $598.0 
Natural gas swaps8.4 — — 8.4 
$606.4 $— $— $606.4 
Liabilities:
Financial transmission rights$— $— $0.1 $0.1 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$155.5 $— $— $155.5 
Natural gas swaps1.6 — — 1.6 
 $157.1 $— $— $157.1 
Liabilities:
Financial transmission rights$— $— $0.5 $0.5 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy New Orleans [Member]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Entergy New Orleans

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$13.9 $— $— $13.9 
Securitization recovery trust account0.9 — — 0.9 
Storm reserve escrow account74.3 — — 74.3 
Financial transmission rights— — 0.4 0.4 
$89.1 $— $0.4 $89.5 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$31.4 $— $— $31.4 
Securitization recovery trust account1.6 — — 1.6 
Storm reserve escrow account83.7 — — 83.7 
Financial transmission rights— — 1.3 1.3 
$116.7 $— $1.3 $118.0 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
Entergy Texas [Member]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
The fair values of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ balance sheets as of March 31, 2025 and December 31, 2024 are shown in the tables below. Certain investments, including those not designated as hedging instruments, are subject to master netting agreements and are presented in the balance sheet on a net basis in accordance with accounting guidance for derivatives and hedging.
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2025
Assets:
Natural gas swapsPrepayments and other$8.4$—$8.4Entergy Mississippi
Financial transmission rightsPrepayments and other$3.0$—$3.0Entergy Arkansas
Financial transmission rightsPrepayments and other$3.4$—$3.4Entergy Louisiana
Financial transmission rightsPrepayments and other$0.4$—$0.4Entergy New Orleans
Financial transmission rightsPrepayments and other$0.6($0.2)$0.4Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.2)$0.3$0.1Entergy Mississippi
InstrumentBalance Sheet LocationGross Fair Value (a)Offsetting Position (b)Net Fair Value (c) (d)Registrant
(In Millions)
2024
Assets:
Natural gas swapsPrepayments and other$1.6$—$1.6Entergy Mississippi
Financial transmission rightsPrepayments and other$8.6($0.1)$8.5Entergy Arkansas
Financial transmission rightsPrepayments and other$8.7($0.1)$8.6Entergy Louisiana
Financial transmission rightsPrepayments and other$1.3$—$1.3Entergy New Orleans
Financial transmission rightsPrepayments and other$2.0($0.1)$1.9Entergy Texas
Liabilities:
Financial transmission rightsOther current liabilities($0.4)$0.9$0.5Entergy Mississippi

(a)Represents the gross amounts of recognized assets/liabilities
(b)Represents the netting of fair value balances with the same counterparty
(c)Represents the net amounts of assets/liabilities presented on the Registrant Subsidiaries’ balance sheets
(d)Excludes letters of credit posted with MISO to cover financial transmission rights exposure in the amount of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas as of December 31, 2024.
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The effects of derivative instruments not designated as hedging instruments on the Registrant Subsidiaries’ income statements for the three months ended March 31, 2025 and 2024 are as follows:
InstrumentIncome Statement LocationAmount of gain
(loss) recorded
in the income statement
Registrant
(In Millions)
2025
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$11.4(a)Entergy Mississippi
Financial transmission rightsPurchased power expense$18.8(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$22.0(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$2.0(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$2.2(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$3.5(b)Entergy Texas
2024
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$5.2(a)Entergy Mississippi
Natural gas swapsFuel, fuel-related expenses, and gas purchased for resale$0.5(a)Entergy New Orleans
Financial transmission rightsPurchased power expense$26.9(b)Entergy Arkansas
Financial transmission rightsPurchased power expense$16.2(b)Entergy Louisiana
Financial transmission rightsPurchased power expense$1.1(b)Entergy Mississippi
Financial transmission rightsPurchased power expense$1.1(b)Entergy New Orleans
Financial transmission rightsPurchased power expense$7.5(b)Entergy Texas
(a)Due to regulatory treatment, the natural gas swaps are marked-to-market through fuel, fuel-related expenses, and gas purchased for resale and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as fuel expenses when the swaps are settled are recovered or refunded through fuel cost recovery mechanisms.
(b)Due to regulatory treatment, the changes in the estimated fair value of financial transmission rights for the Utility operating companies are recorded through purchased power expense and then such amounts are simultaneously reversed and recorded as an offsetting regulatory asset or liability.  The gains or losses recorded as purchased power expense when the financial transmission rights for the Utility operating companies are settled are recovered or refunded through fuel cost recovery mechanisms.
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Entergy Texas

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$298.0 $— $— $298.0 
Securitization recovery trust account8.8 — — 8.8 
Financial transmission rights— — 0.4 0.4 
$306.8 $— $0.4 $307.2 
2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$184.7 $— $— $184.7 
Securitization recovery trust account2.7 — — 2.7 
Financial transmission rights— — 1.9 1.9 
$187.4 $— $1.9 $189.3 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation
The following table sets forth a reconciliation of changes in the net assets (liabilities) for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2025.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$8.6 $8.6 ($0.5)$1.3 $1.9 
Gains included as a regulatory liability/asset13.2 16.8 2.4 1.3 2.0 
Settlements(18.8)(22.0)(2.0)(2.2)(3.5)
Balance as of March 31,$3.0 $3.4 ($0.1)$0.4 $0.4 

The following table sets forth a reconciliation of changes in the net assets for the fair value of financial transmission rights classified as Level 3 in the fair value hierarchy for the three months ended March 31, 2024.
Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
 (In Millions)
Balance as of January 1,$6.0 $9.8 $1.4 $1.1 $2.4 
Gains included as a regulatory liability/asset23.7 10.5 0.3 0.5 6.3 
Settlements(26.9)(16.2)(1.1)(1.1)(7.5)
Balance as of March 31,$2.8 $4.1 $0.6 $0.5 $1.2 
System Energy [Member]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
System Energy

2025Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$2.4 $— $— $2.4 
Decommissioning trust funds (a):
Equity securities3.7 — — 3.7 
Debt securities266.0 308.9 — 574.9 
Common trusts (b)918.7 
$272.1 $308.9 $— $1,499.7 

2024Level 1Level 2Level 3Total
(In Millions)
Assets:
Temporary cash investments$28.5 $— $— $28.5 
Decommissioning trust funds (a):
Equity securities2.4 — — 2.4 
Debt securities262.4 297.4 — 559.8 
Common trusts (b)966.9 
$293.3 $297.4 $— $1,557.6 
v3.25.1
Decommissioning Trust Funds (Tables)
3 Months Ended
Mar. 31, 2025
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$638 $14 $1,102 $24 
More than 12 months469 48 510 56 
Total$1,107 $62 $1,612 $80 
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$29 $36 
1 year - 5 years551 574 
5 years - 10 years639 629 
10 years - 15 years205 166 
15 years - 20 years216 218 
20 years+451 424 
Total$2,091 $2,047 
Schedule of Realized Gain (Loss)
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$262 $169 
Realized gains$1 $— 
Realized losses$4 $7 
Debt Securities, Available-for-Sale
The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$2,091 $2,047 
Unrealized gains$15 $7 
Unrealized losses$62 $80 
Entergy Arkansas [Member]  
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$158.4 $3.9 $282.8 $8.2 
More than 12 months183.0 14.2 195.0 17.6 
Total$341.4 $18.1 $477.8 $25.8 
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
 20252024
 (In Millions)
Less than 1 year$25.2 $31.7 
1 year - 5 years144.0 142.5 
5 years - 10 years234.8 231.0 
10 years - 15 years71.2 62.2 
15 years - 20 years64.2 62.8 
20 years+50.7 48.8 
Total$590.1 $579.0 
Schedule of Realized Gain (Loss)
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$— $12.4 
Realized gains$— $— 
Realized losses$— $0.4 
Debt Securities, Available-for-Sale The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$590.1 $579.0 
Unrealized gains$4.0 $1.2 
Unrealized losses$18.1 $25.8 
Entergy Louisiana [Member]  
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$324.8 $6.7 $543.8 $8.8 
More than 12 months165.0 16.4 178.4 18.1 
Total$489.8 $23.1 $722.2 $26.9 
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$3.7 $4.4 
1 year - 5 years221.2 188.2 
5 years - 10 years212.0 259.4 
10 years - 15 years97.4 80.9 
15 years - 20 years103.6 106.1 
20 years+288.2 269.1 
Total$926.1 $908.1 
Schedule of Realized Gain (Loss)
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$110.0 $48.4 
Realized gains$0.1 $0.2 
Realized losses$1.5 $2.9 
Debt Securities, Available-for-Sale The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$926.1 $908.1 
Unrealized gains$6.3 $3.6 
Unrealized losses$23.1 $26.9 
System Energy [Member]  
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
The fair value and gross unrealized losses of available-for-sale debt securities, summarized by length of time that the securities had been in a continuous loss position, were as follows as of March 31, 2025 and December 31, 2024:
20252024
Fair
Value
Gross
Unrealized
Losses
Fair
Value
Gross
Unrealized
Losses
(In Millions)
Less than 12 months$154.4 $2.9 $275.6 $6.8 
More than 12 months120.6 17.7 136.8 20.8 
Total$275.0 $20.6 $412.4 $27.6 
Investments Classified by Contractual Maturity Date [Table Text Block]
The fair value of available-for-sale debt securities, summarized by contractual maturities, as of March 31, 2025 and December 31, 2024 were as follows:
20252024
(In Millions)
Less than 1 year$0.2 $0.2 
1 year - 5 years185.8 243.7 
5 years - 10 years192.4 138.9 
10 years - 15 years36.2 22.7 
15 years - 20 years48.6 49.4 
20 years+111.7 104.9 
Total$574.9 $559.8 
Schedule of Realized Gain (Loss)
The following table summarizes proceeds from the dispositions of available-for-sale debt securities and the related gains and losses from the sales during the three months ended March 31, 2025 and 2024:
 20252024
 (In Millions)
Proceeds from disposition of securities$152.3 $108.0 
Realized gains$0.6 $0.2 
Realized losses$2.7 $3.5 
Debt Securities, Available-for-Sale The available-for-sale debt securities held as of March 31, 2025 and December 31, 2024 are summarized as follows:
20252024
(In Millions)
Fair value$574.9 $559.8 
Unrealized gains$4.7 $1.9 
Unrealized losses$20.6 $27.6 
v3.25.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2025
Disaggregation of Revenue [Table Text Block] Entergy’s total revenues for the three months ended March 31, 2025 and 2024 were as follows:
20252024
(In Thousands)
Utility:
Residential$1,113,304 $1,070,341 
Commercial684,007 691,851 
Industrial774,119 748,957 
Governmental62,819 65,310 
Total billed retail2,634,249 2,576,459 
Sales for resale (a)51,872 79,003 
Other electric revenues (b)76,218 36,035 
Revenues from contracts with customers2,762,339 2,691,497 
Other Utility revenues (c)(4,473)15,009 
Electric revenues2,757,866 2,706,506 
Natural gas revenues71,731 65,667 
Other revenues (d)17,277 22,455 
Total operating revenues$2,846,874 $2,794,628 
Entergy Arkansas [Member]  
Disaggregation of Revenue [Table Text Block]
The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Louisiana [Member]  
Disaggregation of Revenue [Table Text Block]
The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Mississippi [Member]  
Disaggregation of Revenue [Table Text Block]
The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy New Orleans [Member]  
Disaggregation of Revenue [Table Text Block]
The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
Entergy Texas [Member]  
Disaggregation of Revenue [Table Text Block]
The Utility operating companies’ total revenues for the three months ended March 31, 2025 and 2024 were as follows:
2025Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$274,606 $378,238 $186,308 $65,689 $208,463 
Commercial131,617 263,200 135,873 47,622 105,695 
Industrial149,065 465,707 47,345 5,654 106,348 
Governmental4,219 21,669 13,690 16,529 6,712 
Total billed retail559,507 1,128,814 383,216 135,494 427,218 
Sales for resale (a)36,729 111,548 28,097 3,889 2,395 
Other electric revenues (b)16,076 37,989 11,799 (565)12,296 
Revenues from contracts with customers612,312 1,278,351 423,112 138,818 441,909 
Other revenues (c)1,199 (6,405)597 107 30 
Electric revenues613,511 1,271,946 423,709 138,925 441,939 
Natural gas revenues— 29,601 — 42,130 — 
Total operating revenues$613,511 $1,301,547 $423,709 $181,055 $441,939 
2024Entergy
Arkansas
Entergy
Louisiana
Entergy
Mississippi
Entergy
New
Orleans
Entergy
Texas
(In Thousands)
Residential$275,753 $345,027 $178,617 $67,677 $203,267 
Commercial141,307 256,696 132,318 53,226 108,304 
Industrial149,407 421,597 46,427 6,977 124,549 
Governmental4,698 21,821 13,330 18,354 7,107 
Total billed retail571,165 1,045,141 370,692 146,234 443,227 
Sales for resale (a)38,965 82,728 47,932 12,500 1,907 
Other electric revenues (b)9,342 37,945 (6,202)(3,219)(488)
Revenues from contracts with customers619,472 1,165,814 412,422 155,515 444,646 
Other revenues (c)2,573 6,979 2,434 1,426 (155)
Electric revenues622,045 1,172,793 414,856 156,941 444,491 
Natural gas revenues— 29,647 — 36,020 — 
Total operating revenues$622,045 $1,202,440 $414,856 $192,961 $444,491 

(a)Sales for resale includes day-ahead sales of energy in a market administered by an ISO. These sales represent financially binding commitments for the sale of physical energy the next day. These sales are adjusted to actual power generated and delivered in the real time market. Given the short duration of these transactions, Entergy does not consider them to be derivatives subject to fair value adjustments and includes them as part of customer revenues.
(b)Other electric revenues consist primarily of transmission and ancillary services provided to participants of an ISO-administered market, unbilled revenue, and certain customer credits as directed by regulators.
(c)Other Utility revenues include the occasional sales of inventory, alternative revenue programs, provisions for revenue subject to refund, and late fees.
(d)Other revenues include the sale of electric power and capacity to wholesale customers, day-ahead sales of energy in a market administered by an ISO, and operation and management services fees.
v3.25.1
Acquisitions, Held for Sale, and Dispositions (Tables)
3 Months Ended
Mar. 31, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.
Schedule of Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale [Table Text Block]
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
Entergy Louisiana [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.
Schedule of Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale [Table Text Block]
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
Entergy New Orleans [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations The assets and liabilities of the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses classified as held for sale on Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated balance sheets as of March 31, 2025 and December 31, 2024 included the following amounts:
March 31, 2025
December 31, 2024
EntergyEntergy LouisianaEntergy New OrleansEntergyEntergy LouisianaEntergy New Orleans
(In Thousands)(In Thousands)
Deferred fuel$5,318 $2,676 $2,642 $5,608 $727 $4,881 
Fuel inventory - at average cost3,506 802 2,7044,493 702 3,791
Materials and supplies5,0651,1213,9445,4511,0454,406
Prepayments and other2,009 81 1,92822 — 22
Total current assets held for sale$15,898 $4,680 $11,218 $15,574 $2,474 $13,100 
Property, plant, and equipment - natural gas$688,009 $308,239 $379,770 $679,502 $303,193 $376,309 
Construction work in progress3,441 1,287 2,154 2,959 1,085 1,874 
Less - accumulated depreciation and amortization(280,796)(141,851)(138,945)(276,388)(139,556)(136,832)
Other regulatory assets35,040 8,904 23,412 35,381 8,947 23,682 
Goodwill (a)6,403 — — 6,474 — — 
Pension and other postretirement assets14,916 — 19,724 14,663 — 19,499 
Other202 — 202 206 — 206 
Total non-current assets held for sale$467,215 $176,579 $286,317 $462,797 $173,669 $284,738 
Accounts payable$802 $802 $— $702 $702 $— 
Customer deposits6,017 1,809 4,208 6,214 1,984 4,230 
Taxes accrued1,284 1,268 16 13 13 — 
Other1,349 541 808 1,401 589 812 
Total current liabilities held for sale (b)
$9,452 $4,420 $5,032 $8,330 $3,288 $5,042 
Regulatory liability for income taxes - net$32,327 $5,418 $26,909 $31,575 $4,981 $26,594 
Other regulatory liabilities2,424 1,850 574 1,611 1,214 397 
Pension and other postretirement liabilities3,988 4,546 1,188 3,976 4,525 1,197 
Other3,610 1,110 2,500 3,844 1,194 2,650 
Total non-current liabilities held for sale (c)
$42,349 $12,924 $31,171 $41,006 $11,914 $30,838 

(a)    Goodwill is allocated to the natural gas distribution business based on its relative fair value compared to the retained portion of the reporting unit.
(b)    Included within other current liabilities on the respective consolidated balance sheets.
(c)    Included within other non-current liabilities on the respective consolidated balance sheets.
Schedule of Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale [Table Text Block]
The pre-tax income for the Entergy Louisiana and Entergy New Orleans natural gas distribution businesses, excluding interest and corporate allocations, included in Entergy’s, Entergy Louisiana’s, and Entergy New Orleans’s consolidated income statements for the three months ended March 31, 2025 and 2024 is as follows:
20252024
(In Thousands)
Entergy$22,016 $19,932 
Entergy Louisiana$9,775 $10,104 
Entergy New Orleans$12,241 $9,828 
v3.25.1
Commitments and Contingencies (Narrative) (Details)
$ in Millions
1 Months Ended 3 Months Ended
Mar. 31, 2025
USD ($)
MW
Oct. 31, 2024
USD ($)
Mar. 31, 2025
unit
MW
Minimum [Member]      
Commitments and Contingencies [Line Items]      
Generation Capacity | MW 400   400
Power island equipment      
Commitments and Contingencies [Line Items]      
Long-Term Purchase Commitment, Minimum Quantity Required | unit     15
Combustion turbine      
Commitments and Contingencies [Line Items]      
Long-Term Purchase Commitment, Minimum Quantity Required | unit     2
Palisades      
Commitments and Contingencies [Line Items]      
Litigation Settlement, Amount Awarded from Other Party   $ 7  
Proceeds from Legal Settlements $ 7    
Damages awarded for costs previously recorded as spending on the asset retirement obligation   4  
Damages awarded for costs previously recorded as other operation and maintenance expenses   $ 3  
v3.25.1
Commitment and Contingencies (Long-Term Purchase Commitment) (Details)
3 Months Ended
Mar. 31, 2025
unit
Power island equipment  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 15
Combustion turbine  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 2
Entergy Arkansas [Member] | Power island equipment  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 4
Entergy Arkansas [Member] | Combustion turbine  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 1
Entergy Louisiana [Member] | Power island equipment  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 9
Entergy Louisiana [Member] | Combustion turbine  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 0
Entergy Mississippi [Member] | Power island equipment  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 2
Entergy Mississippi [Member] | Combustion turbine  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 0
Entergy Texas [Member] | Power island equipment  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 0
Entergy Texas [Member] | Combustion turbine  
Long-Term Purchase Commitment [Line Items]  
Long-Term Purchase Commitment, Minimum Quantity Required 1
v3.25.1
Rate And Regulatory Matters (Narrative - All Other) (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Feb. 28, 2025
USD ($)
Dec. 31, 2024
USD ($)
Oct. 31, 2024
USD ($)
MW
kV
Aug. 31, 2024
Jul. 31, 2024
USD ($)
Jul. 31, 2020
USD ($)
Dec. 31, 2018
USD ($)
Mar. 31, 2025
USD ($)
Sep. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Mar. 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Regulatory Liability, Noncurrent   $ 3,425,277,000   $ 3,609,463,000           $ 3,425,277,000     $ 3,609,463,000     $ 3,425,277,000 $ 3,609,463,000  
Regulatory Asset, Noncurrent   5,101,032,000   5,255,509,000           5,101,032,000     5,255,509,000     5,101,032,000 5,255,509,000  
Asset Impairment Charges                   0   $ 131,775,000            
Increase (Decrease) in Deferred Fuel Costs                   277,236,000   (92,685,000)            
Deferred Fuel Cost   125,490,000   0           125,490,000     0     125,490,000 0  
Entergy Arkansas [Member]                                    
Regulatory Liability, Noncurrent   780,511,000   831,165,000           780,511,000     831,165,000     780,511,000 831,165,000  
Regulatory Asset, Noncurrent   1,689,961,000   1,700,110,000           1,689,961,000     1,700,110,000     1,689,961,000 1,700,110,000  
Payments for Legal Settlements                 $ 135,000,000                  
Refund to customers, plus interest, associated with recalculated bandwidth remedy               $ 13,700,000                    
Asset Impairment Charges                   0   131,775,000            
Increase (Decrease) in Deferred Fuel Costs                   42,248,000   (18,179,000)            
Entergy Arkansas [Member] | Opportunity Sales [Member]                                    
Regulatory Asset, Noncurrent                                   $ 131,800,000
Asset Impairment Charges                       131,800,000            
Asset Impairment Charges, net of tax                       99,100,000            
Entergy Louisiana [Member]                                    
Regulatory Liability, Noncurrent   1,602,433,000   1,692,547,000           1,602,433,000     1,692,547,000     1,602,433,000 1,692,547,000  
Regulatory Asset, Noncurrent   1,572,870,000   1,637,967,000           1,572,870,000     1,637,967,000     1,572,870,000 1,637,967,000  
Increase (Decrease) in Deferred Fuel Costs                   120,941,000   (6,940,000)            
Deferred Fuel Cost   113,571,000   0           113,571,000     0     113,571,000 0  
Amount transfer from restricted escrow account as storm damage reserve     $ 33,500,000                              
Entergy Louisiana [Member] | Hurricane Francine                                    
Total Restoration Costs For Repair and Replacement of Electrical System       183,600,000                            
Carrying costs associated with storm restoration costs       3,600,000                            
Entergy Mississippi [Member]                                    
Regulatory Liability, Noncurrent   73,151,000   59,544,000           73,151,000     59,544,000     73,151,000 59,544,000  
Regulatory Asset, Noncurrent   487,430,000   525,847,000           487,430,000     525,847,000     487,430,000 525,847,000  
Increase (Decrease) in Deferred Fuel Costs                   46,363,000   (28,337,000)            
Entergy New Orleans [Member]                                    
Regulatory Liability, Noncurrent   248,372,000   260,312,000           248,372,000     260,312,000     248,372,000 260,312,000  
Regulatory Asset, Noncurrent   127,473,000   133,261,000           127,473,000     133,261,000     127,473,000 133,261,000  
Increase (Decrease) in Deferred Fuel Costs                   10,659,000   (369,000)            
Deferred Fuel Cost   11,918,000   0           11,918,000     0     11,918,000 0  
Entergy Texas [Member]                                    
Regulatory Liability, Noncurrent   18,248,000   18,705,000           18,248,000     18,705,000     18,248,000 18,705,000  
Regulatory Asset, Noncurrent   $ 521,801,000   549,708,000           521,801,000     549,708,000     521,801,000 549,708,000  
Increase (Decrease) in Deferred Fuel Costs                   $ 57,024,000   $ (38,863,000)            
Energy Cost Recovery Rider [Member] | Entergy Arkansas [Member]                                    
Energy Cost Recovery Rider Rate Per kWh                               0.00882    
Requested Energy Cost Recovery Rider Rate Per kWh                               $ 0.01333    
Energy Cost Recovery Rider [Member] | Entergy Arkansas [Member] | Subsequent Event [Member]                                    
Energy Cost Recovery Rider Rate Per kWh $ 0.01333                                  
2024 Formula Rate Plan Filing [Member] | Entergy Mississippi [Member]                                    
Public Utilities, Interim Rate Increase (Decrease), Amount                         $ 8,700,000          
2024 Formula Rate Plan Filing [Member] | Entergy Mississippi [Member] | Subsequent Event [Member]                                    
Public Utilities, Interim Rate Increase (Decrease), Amount                           $ 1,000,000 $ 46,700,000      
Grand Gulf Credit Rider [Member] | Entergy Arkansas [Member]                                    
Refund to retail customers             $ 100,600,000       $ 92,300,000              
2023 Entergy Louisiana Rate Case and Formula Rate Plan Extension Request | Entergy Louisiana [Member] | System Energy Settlement with the LPSC                                    
Public Utilities, Interim Rate Increase (Decrease), Amount       $ 25,100,000                            
2023 Entergy Louisiana Rate Case and Formula Rate Plan Extension Request | Entergy Louisiana [Member] | Hurricane Francine                                    
Public Utilities, Interim Rate Increase (Decrease), Amount     $ 17,800,000                              
Distribution Cost Recovery Factor Rider [Member] | Entergy Texas [Member] | Subsequent Event [Member]                                    
Public Utilities, Requested Rate Increase (Decrease), Amount 77,800,000                                  
Incremental annual revenues $ 29,300,000                                  
Transmission Cost Recovery Factor Rider | Entergy Texas [Member]                                    
Public Utilities, Requested Rate Increase (Decrease), Amount         $ 9,700,000                          
2023 Formula Rate Plan Filing | Entergy Louisiana [Member]                                    
Public Utilities, Requested Return on Equity, Percentage           9.70%                        
Basis points bandwidth above and below midpoint return on common equity           40                        
2025 Formula Rate Plan Filing | Entergy Mississippi [Member]                                    
Public Utilities, Requested Return on Equity, Percentage   7.64%                                
Public Utilities, Requested Rate Increase (Decrease), Amount   $ 0                                
Public Utilities, Interim Rate Increase (Decrease), Amount   $ 135,000                                
2025 Formula Rate Plan Filing | Entergy New Orleans [Member] | Subsequent Event [Member]                                    
Public Utilities, Approved Return on Equity, Percentage 9.35%                                  
2025 Formula Rate Plan Filing | Entergy New Orleans [Member] | Subsequent Event [Member] | Natural Gas, US Regulated [Member]                                    
Public Utilities, Requested Rate Increase (Decrease), Amount $ 0                                  
Earned return on equity 8.96%                                  
Public Utilities, Requested Rate Increase (Decrease), Amount, Adjusted $ 500,000                                  
2025 Formula Rate Plan Filing | Entergy New Orleans [Member] | Subsequent Event [Member] | Electricity, US Regulated [Member]                                    
Public Utilities, Requested Rate Increase (Decrease), Amount $ 13,800,000                                  
Earned return on equity 10.98%                                  
Public Utilities, Requested Rate Increase (Decrease), Amount, Adjusted $ 8,600,000                                  
Additional generation and transmission resources | Entergy Louisiana [Member]                                    
Measurement of electrical voltage for new transmission line | kV         500                          
Measurement of electrical voltage for substation upgrades | kV         500                          
Additional generation and transmission resources | Entergy Louisiana [Member] | Future additions contributed by customer                                    
Generation Capacity | MW         1,500                          
Additional generation and transmission resources | Entergy Louisiana [Member] | Three new combined cycle combustion turbine generation resources                                    
Generation Capacity | MW         2,262                          
Grand Gulf Sale-leaseback Renewal Complaint and Uncertain Tax Position Rate Base Issue [Member] | Entergy Mississippi [Member]                                    
Allocated sale-leaseback annual renewal costs                                 $ 5,700,000  
v3.25.1
Equity (Narrative) (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Apr. 07, 2025
$ / shares
Mar. 31, 2025
USD ($)
$ / shares
shares
Feb. 28, 2025
USD ($)
Dec. 31, 2024
Mar. 31, 2025
USD ($)
$ / shares
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Stock Issued During Period, Shares, Treasury Stock Reissued         1,193,693  
Common Stock, Dividends, Per Share, Declared | $ / shares         $ 0.60 $ 0.57
Dividends, Common Stock, Cash | $         $ 258,249 $ 240,959
Stockholders' Equity Note, Stock Split, Conversion Ratio       2    
Forward Contracts [Member]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount         185,897 3,820,510
Equity Distribution Program [Member]            
Forward Contract Indexed to Equity, Settlement, Cash, Amount | $   $ 2,800,000     $ 2,800,000  
Equity Distribution Sales Agreement, Maximum Aggregate Gross Sales Price | $   $ 4,500,000     $ 4,500,000  
Equity Distribution Sales Agreement, Increase in Maximum Aggregate Gross Sales Price | $     $ 1,500,000      
Common Stock [Member] | Equity Distribution Program [Member]            
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares   $ 84.77        
Stock Issued During Period, Shares, New Issues         0 0
Forward Contract Indexed to Issuer's Equity, Shares   2,713,790        
Common Stock [Member] | Equity Offering            
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares   $ 81.87        
Forward Contract Indexed to Issuer's Equity, Shares   17,800,000        
Forward Contract Indexed to Equity, Settlement, Number of Shares   700,000     700,000  
System Energy [Member]            
Dividends, Common Stock, Cash | $     $ 20,000      
Subsequent Event [Member]            
Common Stock, Dividends, Per Share, Declared | $ / shares $ 0.60          
v3.25.1
Equity (Schedule Of Earnings Per Share, Basic And Diluted) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Weighted Average Number of Shares Outstanding, Basic 430,347,768 426,287,439
Earnings Per Share, Basic $ 0.84 $ 0.18
Average Dilutive Effect Of Equity Forwards Per Share $ (0.02) $ 0
Incremental Common Shares Attributable to Dilutive Effect of Equity Forward Agreements 7,900,000 0
Weighted Average Number of Shares Outstanding, Diluted 440,648,342 427,746,256
Earnings Per Share, Diluted $ 0.82 $ 0.18
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 362,422 $ 76,536
Preferred dividend requirements of subsidiaries and net income (loss) attributable to noncontrolling interests 1,662 1,255
Net Income (Loss) Available to Common Stockholders, Basic $ 360,760 $ 75,281
Employee Stock Option    
Average Dilutive Effect Of Stock Options Per Share $ 0 $ 0
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements 900,000 500,000
Restricted Stock [Member]    
Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements 1,500,000 900,000
Average Dilutive Effect Of Restricted Stock Per Share $ 0 $ 0
Employee Stock Option    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 244,091 2,282,518
Forward Contracts [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 185,897 3,820,510
v3.25.1
Equity (Schedule of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Accumulated Other Comprehensive Income (Loss), Net of Tax $ 39,040 $ (166,128) $ 42,769 $ (162,460)
Other Comprehensive Income (Loss), Net of Tax (3,729) (3,668)    
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (3,729) (3,668)    
Other Comprehensive Income (Loss), Net of Tax (3,729) (3,668)    
Entergy Louisiana [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Accumulated Other Comprehensive Income (Loss), Net of Tax 52,687 52,774 $ 53,658 $ 54,798
Other Comprehensive Income (Loss), Net of Tax (971) (2,024)    
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax (971) (2,024)    
Other Comprehensive Income (Loss), Net of Tax $ (971) $ (2,024)    
v3.25.1
Equity (Schedule of Reclassification out of Accumulated Other Comprehensive Income) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Other Nonoperating Income (Expense) $ 14,726 $ (50,743)
Income Tax Expense (Benefit) (100,041) (20,994)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 362,422 76,536
Reclassification out of Accumulated Other Comprehensive Income [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 3,729 3,668
Reclassification out of Accumulated Other Comprehensive Income [Member] | Net Periodic Pension And Other Postretirement Benefit Costs [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) 3,462 3,473
Defined Benefit Plan, Amortization of Gain (Loss) 2,551 1,397
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax 6,013 4,870
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax 2,284 1,202
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax 3,729 3,668
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 3,729 3,668
Entergy Louisiana [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Other Nonoperating Income (Expense) 17,071 (47,175)
Income Tax Expense (Benefit) (54,062) (38,924)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 254,197 182,723
Entergy Louisiana [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Net Periodic Pension And Other Postretirement Benefit Costs [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) 1,136 1,136
Defined Benefit Plan, Amortization of Gain (Loss) 1,719 1,634
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax 2,855 2,770
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax 1,884 746
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax 971 2,024
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax 971 2,024
Entergy Louisiana [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]    
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]    
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax $ 971 $ 2,024
v3.25.1
Equity (Schedule of Forward Sales Agreements) (Details) - Equity Distribution Program [Member] - Common Stock [Member]
$ / shares in Units, $ in Thousands
1 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
Forward Contract Indexed to Issuer's Equity, Shares | shares 2,713,790
Forward Sale Agreement, Gross Sales Price $ 232,216
Forward Contract Indexed to Issuer's Equity, Forward Rate Per Share | $ / shares $ 84.77
Forward Sale Agreement, Forward Sellers Fees $ 2,322
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Narrative) (Details) - USD ($)
1 Months Ended 3 Months Ended
Mar. 31, 2025
Feb. 28, 2025
Jan. 31, 2025
Mar. 31, 2025
Jan. 02, 2025
Commercial Paper [Member]          
Debt Instrument [Line Items]          
Debt, Weighted Average Interest Rate 4.66%     4.66%  
Commercial Paper program limit $ 2,000,000,000     $ 2,000,000,000  
Commercial Paper 1,330,000,000     1,330,000,000  
Entergy Arkansas [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings 250,000,000     250,000,000  
Entergy Louisiana [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings $ 450,000,000     $ 450,000,000  
Entergy Louisiana [Member] | 5.80% Series mortgage bonds due March 2055          
Debt Instrument [Line Items]          
Proceeds from Issuance of Debt     $ 750,000,000    
Debt Instrument, Interest Rate, Stated Percentage         5.80%
Entergy Louisiana [Member] | 3.78% Series mortgage bonds due April 2025 (Legacy)          
Debt Instrument [Line Items]          
Debt Instrument, Interest Rate, Stated Percentage 3.78%     3.78%  
Repayments of Debt $ 190,000,000        
Entergy Louisiana [Member] | 3.78% Series mortgage bonds due April 2025          
Debt Instrument [Line Items]          
Debt Instrument, Interest Rate, Stated Percentage 3.78%     3.78%  
Repayments of Debt $ 110,000,000        
Entergy Mississippi [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings 200,000,000     $ 200,000,000  
Entergy Mississippi [Member] | 5.80% Series mortgage bonds due April 2055          
Debt Instrument [Line Items]          
Proceeds from Issuance of Debt $ 600,000,000        
Debt Instrument, Interest Rate, Stated Percentage 5.80%     5.80%  
Entergy Texas [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings $ 200,000,000     $ 200,000,000  
Entergy Texas [Member] | 5.25% Series mortgage bonds due April 2035          
Debt Instrument [Line Items]          
Proceeds from Issuance of Debt   $ 500,000,000      
Debt Instrument, Interest Rate, Stated Percentage   5.25%      
System Energy [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings 200,000,000     200,000,000  
Entergy New Orleans [Member]          
Debt Instrument [Line Items]          
Authorized Short Term Borrowings $ 150,000,000     $ 150,000,000  
Entergy New Orleans [Member] | 3.0% Series mortgage bonds due March 2025          
Debt Instrument [Line Items]          
Debt Instrument, Interest Rate, Stated Percentage 3.00%     3.00%  
Repayments of Debt $ 78,000,000        
Entergy New Orleans [Member] | Unsecured term loan due March 2026          
Debt Instrument [Line Items]          
Debt, Weighted Average Interest Rate 5.77%     5.77%  
Proceeds from Issuance of Debt   $ 80,000,000      
System Energy VIE [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage       0.10%  
Entergy Arkansas VIE [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage       0.10%  
Entergy Louisiana Waterford VIE [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage       0.10%  
Entergy Louisiana River Bend VIE [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage       0.10%  
Maximum [Member] | Entergy Arkansas [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.375%  
Ratio of Indebtedness to Net Capital 0.65     0.65  
Consolidated debt ratio of lessees total capitalization       70.00%  
Maximum [Member] | Entergy Louisiana [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.375%  
Ratio of Indebtedness to Net Capital 0.65     0.65  
Consolidated debt ratio of lessees total capitalization       70.00%  
Maximum [Member] | Entergy Mississippi [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.375%  
Ratio of Indebtedness to Net Capital 0.65     0.65  
Maximum [Member] | Entergy Texas [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.375%  
Ratio of Indebtedness to Net Capital 0.65     0.65  
Maximum [Member] | System Energy [Member]          
Debt Instrument [Line Items]          
Ratio of Indebtedness to Net Capital 0.65     0.65  
Consolidated debt ratio of lessees total capitalization       70.00%  
Maximum [Member] | Entergy New Orleans [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.375%  
Ratio of Indebtedness to Net Capital 0.65     0.65  
Minimum [Member] | Entergy Arkansas [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.075%  
Minimum [Member] | Entergy Louisiana [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.075%  
Minimum [Member] | Entergy Mississippi [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.075%  
Minimum [Member] | Entergy Texas [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.075%  
Minimum [Member] | Entergy New Orleans [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Commitment Fee Percentage       0.075%  
Credit Facility of $3 Billion          
Debt Instrument [Line Items]          
Line of Credit Facility, Maximum Borrowing Capacity $ 3,000,000,000     $ 3,000,000,000  
Letters of Credit Outstanding, Amount 4,000,000     $ 4,000,000  
Line of Credit Facility, Commitment Fee Percentage       0.225%  
Long-Term Line of Credit 0     $ 0  
Line of Credit Facility, Remaining Borrowing Capacity 2,996,000,000     2,996,000,000  
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 20,000,000     $ 20,000,000  
Line of Credit Facility, Interest Rate at Period End 5.92%     5.92%  
Credit Facility of $3 Billion | Maximum [Member]          
Debt Instrument [Line Items]          
Ratio of Indebtedness to Net Capital 0.65     0.65  
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of Line of Credit Facilities) (Details)
3 Months Ended
Mar. 31, 2025
USD ($)
Credit Facility of $3 Billion  
Line of Credit Facility, Maximum Borrowing Capacity $ 3,000,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 4,000,000
Line of Credit Facility, Interest Rate at Period End 5.92%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 20,000,000
Line of Credit Facility, Commitment Fee Percentage 0.225%
Line of Credit Facility, Remaining Borrowing Capacity $ 2,996,000,000
Entergy Arkansas [Member] | Credit Facility of $25 Million [Member]  
Line of Credit Facility, Maximum Borrowing Capacity 25,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 0
Line of Credit Facility, Interest Rate at Period End 6.27%
Entergy Arkansas [Member] | Credit Facility of $300 Million  
Line of Credit Facility, Maximum Borrowing Capacity $ 300,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 0
Line of Credit Facility, Interest Rate at Period End 5.55%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 5,000,000
Entergy Louisiana [Member] | Credit Facility of $400 Million  
Line of Credit Facility, Maximum Borrowing Capacity 400,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 0
Line of Credit Facility, Interest Rate at Period End 5.67%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 15,000,000
Entergy Mississippi [Member] | Credit Facility of $300 Million  
Line of Credit Facility, Maximum Borrowing Capacity 300,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 0
Line of Credit Facility, Interest Rate at Period End 5.55%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 5,000,000
Entergy New Orleans [Member] | Credit Facility of $25 Million [Member]  
Line of Credit Facility, Maximum Borrowing Capacity 25,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 0
Line of Credit Facility, Interest Rate at Period End 6.05%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 10,000,000
Entergy Texas [Member] | Credit Facility of $300 Million  
Line of Credit Facility, Maximum Borrowing Capacity 300,000,000
Long-Term Line of Credit 0
Letters of Credit Outstanding, Amount $ 1,100,000
Line of Credit Facility, Interest Rate at Period End 5.67%
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit $ 25,000,000
Maximum [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Louisiana [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Mississippi [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Texas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Minimum [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Louisiana [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Mississippi [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Texas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of uncommitted standby letter of credit facilities) (Details)
3 Months Ended
Mar. 31, 2025
USD ($)
Financial transmission rights  
Letters of Credit Outstanding, Amount $ 0
Credit Facility of $25 Million [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Maximum Borrowing Capacity 25,000,000
Letters of Credit Outstanding, Amount 0
Credit Facility of $25 Million [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Maximum Borrowing Capacity 25,000,000
Letters of Credit Outstanding, Amount 0
Uncommitted Credit Facility of $25 Million [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Maximum Borrowing Capacity $ 25,000,000
Line of Credit Facility, Commitment Fee Percentage 0.78%
Letters of Credit Outstanding, Amount $ 17,100,000
Uncommitted Credit Facility of $125 Million [Member] | Entergy Louisiana [Member]  
Line of Credit Facility, Maximum Borrowing Capacity $ 125,000,000
Line of Credit Facility, Commitment Fee Percentage 0.78%
Letters of Credit Outstanding, Amount $ 56,200,000
Uncommitted Credit Facility of $65 Million [Member] | Entergy Mississippi [Member]  
Line of Credit Facility, Maximum Borrowing Capacity $ 65,000,000
Line of Credit Facility, Commitment Fee Percentage 0.78%
Letters of Credit Outstanding, Amount $ 32,600,000
Uncommitted Credit Facility of $65 Million [Member] | Entergy Mississippi [Member] | MISO [Member]  
Letters of Credit Outstanding, Amount 31,300,000
Uncommitted Credit Facility of $65 Million [Member] | Entergy Mississippi [Member] | Non-MISO [Member]  
Letters of Credit Outstanding, Amount 1,300,000
Uncommitted Credit Facility of $15 Million [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Maximum Borrowing Capacity $ 1,000,000
Line of Credit Facility, Commitment Fee Percentage 1.625%
Letters of Credit Outstanding, Amount $ 500,000
Uncommitted Credit Facility of $80 Million [Member] | Entergy Texas [Member]  
Line of Credit Facility, Maximum Borrowing Capacity $ 150,000,000
Line of Credit Facility, Commitment Fee Percentage 1.25%
Letters of Credit Outstanding, Amount $ 105,400,000
Minimum [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Mississippi [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Louisiana [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Minimum [Member] | Entergy Texas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.075%
Maximum [Member] | Entergy Arkansas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Mississippi [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Louisiana [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy New Orleans [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
Maximum [Member] | Entergy Texas [Member]  
Line of Credit Facility, Commitment Fee Percentage 0.375%
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of Short-Term Debt) (Details)
$ in Millions
Mar. 31, 2025
USD ($)
Entergy Arkansas [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings $ 250
Short term borrowings, outstanding 0
Entergy Arkansas [Member] | Credit Facility of $300 Million  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit 5
Entergy Louisiana [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings 450
Short term borrowings, outstanding 0
Entergy Mississippi [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings 200
Short term borrowings, outstanding 0
Entergy Mississippi [Member] | Credit Facility of $300 Million  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit 5
Entergy New Orleans [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings 150
Short term borrowings, outstanding 0
Entergy Texas [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings 200
Short term borrowings, outstanding 0
Entergy Texas [Member] | Credit Facility of $300 Million  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Amount of total borrowing capacity against which fronting commitments exist for the issuance of letters of credit 25
System Energy [Member]  
Short Term Borrowings And The Outstanding Short Term Borrowings Abstract  
Authorized Short Term Borrowings 200
Short term borrowings, outstanding $ 0
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of nuclear fuel company VIE credit facilities) (Details)
$ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
Entergy Arkansas VIE [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.10%
Entergy Arkansas VIE [Member] | Credit Facility of $80 Million [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Current Borrowing Capacity $ 80.0
Line of Credit Facility, Interest Rate During Period 5.44%
Long-Term Line of Credit $ 5.4
System Energy VIE [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.10%
System Energy VIE [Member] | Credit Facility of $120 Million [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Current Borrowing Capacity $ 120.0
Line of Credit Facility, Interest Rate During Period 5.43%
Long-Term Line of Credit $ 58.9
Entergy Louisiana River Bend VIE [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.10%
Entergy Louisiana River Bend VIE [Member] | Credit Facility of $105 Million [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Current Borrowing Capacity $ 105.0
Line of Credit Facility, Interest Rate During Period 5.43%
Long-Term Line of Credit $ 72.3
Entergy Louisiana Waterford VIE [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.10%
Entergy Louisiana Waterford VIE [Member] | Credit Facility of $105 Million [Member]  
Schedule of nuclear fuel company VIE credit facilities [Abstract]  
Line of Credit Facility, Current Borrowing Capacity $ 105.0
Line of Credit Facility, Interest Rate During Period 5.43%
Long-Term Line of Credit $ 65.3
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of nuclear fuel company VIE notes payable) (Details)
$ in Millions
Mar. 31, 2025
USD ($)
VIE Notes Payable, 5.54% Series O due May 2029 [Member] | Entergy Arkansas VIE [Member]  
Notes Payable, Noncurrent [Abstract]  
Debt Instrument, Interest Rate, Stated Percentage 5.54%
Notes Payable, Noncurrent $ 70
VIE Notes Payable, 1.84% Series N due July 2026 [Member] | Entergy Arkansas VIE [Member]  
Notes Payable, Noncurrent [Abstract]  
Debt Instrument, Interest Rate, Stated Percentage 1.84%
Notes Payable, Noncurrent $ 90
VIE Notes Payable, 2.51% Series V Due June 2027 [Member] | Entergy Louisiana River Bend VIE [Member]  
Notes Payable, Noncurrent [Abstract]  
Debt Instrument, Interest Rate, Stated Percentage 2.51%
Notes Payable, Noncurrent $ 70
VIE Notes Payable, 5.94% Series J due September 2026 [Member] | Entergy Louisiana Waterford VIE [Member]  
Notes Payable, Noncurrent [Abstract]  
Debt Instrument, Interest Rate, Stated Percentage 5.94%
Notes Payable, Noncurrent $ 70
VIE Notes Payable, 2.05% Series K due September 2027 [Member] | System Energy VIE [Member]  
Notes Payable, Noncurrent [Abstract]  
Debt Instrument, Interest Rate, Stated Percentage 2.05%
Notes Payable, Noncurrent $ 90
v3.25.1
Revolving Credit Facilities, Lines Of Credit, Short-Term Borrowings, And Long-Term Debt (Schedule of Long-Term Debt Instruments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Long-Term Debt, Fair Value $ 26,976,295 $ 25,181,802
Long-Term Debt 29,594,991 27,991,595
Entergy Arkansas [Member]    
Long-Term Debt, Fair Value 4,538,510 4,546,643
Long-Term Debt 5,107,853 5,122,494
Entergy Louisiana [Member]    
Long-Term Debt, Fair Value 9,371,023 8,751,266
Long-Term Debt 10,405,643 9,866,453
Entergy Mississippi [Member]    
Long-Term Debt, Fair Value 2,712,650 2,116,246
Long-Term Debt 3,020,618 2,427,073
Entergy New Orleans [Member]    
Long-Term Debt, Fair Value 697,047 697,466
Long-Term Debt 737,355 735,467
Entergy Texas [Member]    
Long-Term Debt, Fair Value 3,723,403 3,176,230
Long-Term Debt 4,047,376 3,552,443
System Energy [Member]    
Long-Term Debt, Fair Value 1,063,300 1,063,946
Long-Term Debt $ 1,076,797 $ 1,089,736
v3.25.1
Stock Based Compensation (Narrative) (Details) - USD ($)
1 Months Ended 3 Months Ended
Feb. 06, 2025
Feb. 28, 2025
Mar. 31, 2025
Equity Distribution Program [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Equity Distribution Sales Agreement, Increase in Maximum Aggregate Gross Sales Price   $ 1,500,000,000  
Employee Stock Option | 2019 Omnibus Incentive Plan [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures   366,136  
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value   $ 17.43  
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number     3,176,358
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price     $ 56.58
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value     $ 91,800,000
Restricted Stock [Member] | 2019 Omnibus Incentive Plan [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures 510,009    
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value $ 82.79    
Long Term Performance Unit [Member] | 2019 Omnibus Incentive Plan [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures 187,036    
Percent of performance measure based on relative total shareholder return 80.00%   80.00%
Percent of performance measure based on environmental achievement measure 20.00%   20.00%
Long Term Performance Unit [Member] | Performance measure based on relative total shareholder return [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value $ 115.13    
Long Term Performance Unit [Member] | Performance measure based on the environmental achievement measure [Member]      
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value $ 82.79    
v3.25.1
Stock-Based Compensation (Schedule of Share-Based Payment Arrangement, Expensed and Capitalized, Amount) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Forward Contracts [Member]    
Share-Based Payment Arrangement, Additional Disclosure [Abstract]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 185,897 3,820,510
Employee Stock Option    
Share-Based Payment Arrangement, Additional Disclosure [Abstract]    
Share-Based Payment Arrangement, Expense $ 1.1 $ 1.1
Share-Based Payment Arrangement, Expense, Tax Benefit 0.3 0.3
Share-Based Payment Arrangement, Amount Capitalized 0.5 0.5
Other Equity Awards [Member]    
Share-Based Payment Arrangement, Additional Disclosure [Abstract]    
Share-Based Payment Arrangement, Expense 10.0 9.9
Share-Based Payment Arrangement, Expense, Tax Benefit 2.5 2.5
Share-Based Payment Arrangement, Amount Capitalized $ 4.8 $ 4.5
v3.25.1
Retirement And Other Postretirement Benefits (Narrative) (Details) - Pension Plan [Member] - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2025
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer $ 52,900,000    
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year 240,000,000    
Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 2,500,000 $ 2,700,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 0  
Entergy Arkansas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer 10,776,000    
Entergy Arkansas [Member] | Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 47,000 68,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 0  
Entergy Louisiana [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer 9,513,000    
Entergy Louisiana [Member] | Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 36,000 51,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 0  
Entergy Mississippi [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer 2,580,000    
Entergy Mississippi [Member] | Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 90,000 83,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 0  
Entergy New Orleans [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer 1,144,000    
Entergy New Orleans [Member] | Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 35,000 31,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 0  
Entergy Texas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer 1,745,000    
Entergy Texas [Member] | Nonqualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) 39,000 62,000  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement 0 $ 0  
System Energy [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer $ 3,328,000    
Subsequent Event [Member] | Entergy Arkansas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     $ 24,768,000
Subsequent Event [Member] | Entergy Louisiana [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     31,740,000
Subsequent Event [Member] | Entergy Mississippi [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     5,484,000
Subsequent Event [Member] | Entergy New Orleans [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     3,872,000
Subsequent Event [Member] | Entergy Texas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     5,980,000
Subsequent Event [Member] | System Energy [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     $ 12,340,000
v3.25.1
Retirement And Other Postretirement Benefits (Schedule of Net Benefit Costs) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Pension Plan [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost $ 23,617 $ 23,376
Defined Benefit Plan, Interest Cost 59,680 70,626
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (75,280) (95,980)
Defined Benefit Plan, Amortization of Gain (Loss) 13,309 15,120
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 21,326 13,142
Pension Plan [Member] | Entergy Arkansas [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 4,427 4,099
Defined Benefit Plan, Interest Cost 13,814 13,217
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (17,676) (18,155)
Defined Benefit Plan, Amortization of Gain (Loss) 4,791 5,746
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 5,356 4,907
Pension Plan [Member] | Entergy Louisiana [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 5,454 5,551
Defined Benefit Plan, Interest Cost 14,704 13,961
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (18,897) (19,447)
Defined Benefit Plan, Amortization of Gain (Loss) 2,268 2,602
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 3,529 2,667
Pension Plan [Member] | Entergy Mississippi [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 1,304 1,284
Defined Benefit Plan, Interest Cost 3,699 3,521
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (4,949) (5,113)
Defined Benefit Plan, Amortization of Gain (Loss) 822 1,140
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 876 832
Pension Plan [Member] | Entergy New Orleans [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 411 440
Defined Benefit Plan, Interest Cost 1,647 1,569
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (2,174) (2,204)
Defined Benefit Plan, Amortization of Gain (Loss) 415 470
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 299 275
Pension Plan [Member] | Entergy Texas [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 1,024 961
Defined Benefit Plan, Interest Cost 2,973 2,831
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (3,889) (4,077)
Defined Benefit Plan, Amortization of Gain (Loss) 454 393
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 562 108
Pension Plan [Member] | System Energy [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 1,372 1,384
Defined Benefit Plan, Interest Cost 3,585 3,391
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (4,575) (4,648)
Defined Benefit Plan, Amortization of Gain (Loss) 1,114 1,165
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total 1,496 1,292
Other Postretirement Benefits Plan [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 2,757 3,126
Defined Benefit Plan, Interest Cost 9,690 9,852
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (10,209) (10,569)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (5,720) (5,720)
Defined Benefit Plan, Amortization of Gain (Loss) (3,870) (2,761)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (7,352) (6,072)
Other Postretirement Benefits Plan [Member] | Entergy Arkansas [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 572 642
Defined Benefit Plan, Interest Cost 1,775 1,833
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (4,225) (4,384)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) 524 524
Defined Benefit Plan, Amortization of Gain (Loss) (353) 0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (1,707) (1,385)
Other Postretirement Benefits Plan [Member] | Entergy Louisiana [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 671 700
Defined Benefit Plan, Interest Cost 2,012 1,999
Defined Benefit Plan, Expected Return (Loss) on Plan Assets 0 0
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (1,136) (1,136)
Defined Benefit Plan, Amortization of Gain (Loss) (1,811) (1,738)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (264) (175)
Other Postretirement Benefits Plan [Member] | Entergy Mississippi [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 162 184
Defined Benefit Plan, Interest Cost 489 486
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (1,328) (1,372)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (239) (239)
Defined Benefit Plan, Amortization of Gain (Loss) (57) 15
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (973) (926)
Other Postretirement Benefits Plan [Member] | Entergy New Orleans [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 52 51
Defined Benefit Plan, Interest Cost 249 253
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (1,445) (1,479)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (229) (229)
Defined Benefit Plan, Amortization of Gain (Loss) (27) 19
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (1,400) (1,385)
Other Postretirement Benefits Plan [Member] | Entergy Texas [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 159 168
Defined Benefit Plan, Interest Cost 582 603
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (2,452) (2,539)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (1,093) (1,093)
Defined Benefit Plan, Amortization of Gain (Loss) 153 148
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total (2,651) (2,713)
Other Postretirement Benefits Plan [Member] | System Energy [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Defined Benefit Plan, Service Cost 174 175
Defined Benefit Plan, Interest Cost 394 398
Defined Benefit Plan, Expected Return (Loss) on Plan Assets (702) (728)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) (73) (73)
Defined Benefit Plan, Amortization of Gain (Loss) (7) 0
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Total $ (214) $ (228)
v3.25.1
Retirement And Other Postretirement Benefits (Schedule of reclassifications out of accumulated other comprehensive income) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax $ 3,462 $ 3,473
Amortization of Gains (Losses), Before Tax 2,551 1,397
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax 6,013 4,870
Entergy Louisiana [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 1,136 1,136
Amortization of Gains (Losses), Before Tax 1,719 1,634
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax 2,855 2,770
Pension Plan [Member] | Nonqualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax (31) (40)
Amortization of Gains (Losses), Before Tax (108) (80)
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax (139) (120)
Pension Plan [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 0 0
Amortization of Gains (Losses), Before Tax (411) (1,138)
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax (411) (1,138)
Pension Plan [Member] | Entergy Louisiana [Member] | Nonqualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 0 0
Amortization of Gains (Losses), Before Tax (1) 0
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax (1) 0
Pension Plan [Member] | Entergy Louisiana [Member] | Qualified Plan    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 0 0
Amortization of Gains (Losses), Before Tax (91) (104)
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax (91) (104)
Other Postretirement Benefits Plan [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 3,493 3,513
Amortization of Gains (Losses), Before Tax 3,070 2,615
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax 6,563 6,128
Other Postretirement Benefits Plan [Member] | Entergy Louisiana [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Amortization of Prior Service Cost Credit, Before Tax 1,136 1,136
Amortization of Gains (Losses), Before Tax 1,811 1,738
Pension and Other Postretirement Costs, Reclassification Out Of Accumulated Other Comprehensive Income, Before Tax $ 2,947 $ 2,874
v3.25.1
Retirement And Other Postretirement Benefits (Schedule of Expected Benefit Payments) (Details) - Pension Plan [Member] - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2025
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Plan Assets, Contributions by Employer $ 52,900    
Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 23,617 $ 23,376  
Entergy Louisiana [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 41,253    
Defined Benefit Plan, Plan Assets, Contributions by Employer 9,513    
Entergy Louisiana [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 5,454 5,551  
Entergy Louisiana [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     $ 31,740
Entergy Mississippi [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 8,064    
Defined Benefit Plan, Plan Assets, Contributions by Employer 2,580    
Entergy Mississippi [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 1,304 1,284  
Entergy Mississippi [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     5,484
Entergy New Orleans [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 5,016    
Defined Benefit Plan, Plan Assets, Contributions by Employer 1,144    
Entergy New Orleans [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 411 440  
Entergy New Orleans [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     3,872
Entergy Texas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 7,725    
Defined Benefit Plan, Plan Assets, Contributions by Employer 1,745    
Entergy Texas [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 1,024 961  
Entergy Texas [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     5,980
System Energy [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 15,668    
Defined Benefit Plan, Plan Assets, Contributions by Employer 3,328    
System Energy [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost 1,372 1,384  
System Energy [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     12,340
Entergy Arkansas [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Current Fiscal Year 35,544    
Defined Benefit Plan, Plan Assets, Contributions by Employer 10,776    
Entergy Arkansas [Member] | Qualified Plan      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Service Cost $ 4,427 $ 4,099  
Entergy Arkansas [Member] | Subsequent Event [Member]      
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year     $ 24,768
v3.25.1
Business Segment Information (Reconciliation of Operating Profit (Loss) from Segments to Consolidated) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues $ 2,846,874 $ 2,794,628
Utilities Operating Expense, Fuel Used 344,522 616,617
Utilities Operating Expense, Purchased Power 345,746 228,142
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 672,667 687,031
Other Regulatory Charges Credits Net (16,843) 109,346
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 362,422 76,536
Preferred dividend requirements of subsidiaries and net income (loss) attributable to noncontrolling interests 1,662 1,255
Net Income (Loss) Available to Common Stockholders, Basic 360,760 75,281
Operating Segments [Member] | Utility [Member]    
Revenues 2,829,597 2,772,173
Utilities Operating Expense, Fuel Used 338,983 604,404
Utilities Operating Expense, Purchased Power 342,084 219,194
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses 662,474 680,715
Other Regulatory Charges Credits Net (16,843) 109,346
Segment Reporting, Other Segment Item, Amount 1,011,857 962,534
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 491,042 195,980
Operating Segments [Member] | Corporate Segment and Other Operating Segment [Member]    
Revenues 17,303 22,476
Consolidation, Eliminations    
Revenues (26) (21)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (75,248) (79,561)
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment | Corporate Segment and Other Operating Segment [Member]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (53,372) $ (39,883)
v3.25.1
Business Segment Information (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]      
Asset Impairment Charges $ 0 $ 131,775  
Depreciation, Depletion and Amortization 568,872 553,043  
Investment Income, Net 33,406 150,697  
Interest Expense, Nonoperating 329,791 267,200  
Income Tax Expense (Benefit) 100,041 20,994  
Assets 66,620,409   $ 64,790,032
Segment, Expenditure, Addition to Long-Lived Assets 1,750,008 1,267,081  
Consolidation, Eliminations      
Segment Reporting Information [Line Items]      
Asset Impairment Charges   0  
Depreciation, Depletion and Amortization 0 0  
Investment Income, Net (75,457) (79,922)  
Interest Expense, Nonoperating (209) (361)  
Income Tax Expense (Benefit) 0 0  
Assets (4,887,107)   (4,882,991)
Segment, Expenditure, Addition to Long-Lived Assets 0 0  
Utility [Member] | Operating Segments [Member]      
Segment Reporting Information [Line Items]      
Asset Impairment Charges   131,775  
Depreciation, Depletion and Amortization 567,187 551,489  
Investment Income, Net 107,175 225,251  
Interest Expense, Nonoperating 267,131 212,148  
Income Tax Expense (Benefit) 114,273 34,548  
Assets 70,774,423   68,951,564
Segment, Expenditure, Addition to Long-Lived Assets 1,749,817 1,266,823  
Corporate Segment and Other Operating Segment [Member] | Operating Segments [Member]      
Segment Reporting Information [Line Items]      
Asset Impairment Charges   0  
Depreciation, Depletion and Amortization 1,685 1,554  
Investment Income, Net 1,688 5,368  
Interest Expense, Nonoperating 62,869 55,413  
Income Tax Expense (Benefit) (14,232) (13,554)  
Assets 733,093   $ 721,459
Segment, Expenditure, Addition to Long-Lived Assets $ 191 $ 258  
v3.25.1
Risk Management and Fair Values (Narrative) (Details)
$ in Thousands
Mar. 31, 2025
USD ($)
GWh
MMBTU
Dec. 31, 2024
USD ($)
Cash $ 69,157 $ 48,424
Entergy Arkansas [Member]    
Cash 154 1,306
Entergy Louisiana [Member]    
Cash 211 327
Entergy Mississippi [Member]    
Cash 141 184
Entergy New Orleans [Member]    
Cash 34 374
Entergy Texas [Member]    
Cash 120 291
System Energy [Member]    
Cash 155 448
Financial Transmission Rights (FTRs) [Member]    
Letters of Credit Outstanding, Amount $ 0 2,000
Total volume outstanding | GWh 24,226  
Financial Transmission Rights (FTRs) [Member] | Corporate Segment and Other Operating Segment [Member]    
Letters of Credit Outstanding, Amount $ 0  
Cash 0  
Financial Transmission Rights (FTRs) [Member] | Entergy Arkansas [Member]    
Letters of Credit Outstanding, Amount $ 0 500
Total volume outstanding | GWh 5,865  
Financial Transmission Rights (FTRs) [Member] | Entergy Louisiana [Member]    
Letters of Credit Outstanding, Amount $ 0 100
Total volume outstanding | GWh 10,036  
Financial Transmission Rights (FTRs) [Member] | Entergy Mississippi [Member]    
Letters of Credit Outstanding, Amount $ 0 800
Total volume outstanding | GWh 3,781  
Financial Transmission Rights (FTRs) [Member] | Entergy New Orleans [Member]    
Letters of Credit Outstanding, Amount $ 0 100
Total volume outstanding | GWh 1,001  
Financial Transmission Rights (FTRs) [Member] | Entergy Texas [Member]    
Letters of Credit Outstanding, Amount $ 0 $ 300
Total volume outstanding | GWh 3,501  
Natural Gas Swaps    
Derivative, Remaining Maturity 7 months  
Total volume outstanding | MMBTU 12,246,850  
Natural Gas Swaps | Entergy Louisiana [Member]    
Total volume outstanding | MMBTU 0  
Natural Gas Swaps | Entergy Mississippi [Member]    
Derivative, Remaining Maturity 7 months  
Total volume outstanding | MMBTU 12,246,850  
Natural Gas Swaps | Entergy New Orleans [Member]    
Total volume outstanding | MMBTU 0  
v3.25.1
Risk Management and Fair Values (Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location) (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value $ 7,000,000 $ 9,000,000 $ 20,000,000 $ 21,000,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 36,000,000 41,000,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (49,000,000) (53,000,000)    
Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   $ 2,000,000  
Financial transmission rights        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0      
Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]     Other Liabilities, Current  
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 0   $ 1,000,000  
Derivative Liability, Subject to Master Netting Arrangement, after Offset     $ 1,000,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current  
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 7,000,000   $ 20,000,000  
Other Current Liabilities [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset     0  
Prepaid Expenses and Other Current Assets | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset (7,000,000)   (21,000,000)  
Entergy Louisiana [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 3,400,000 4,100,000 8,600,000 9,800,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 16,800,000 10,500,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (22,000,000.0) (16,200,000)    
Entergy Louisiana [Member] | Uncommitted Credit Facility of $125 Million [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 56,200,000      
Entergy Louisiana [Member] | Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   100,000  
Entergy Louisiana [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset (3,400,000)   (8,700,000)  
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 0   $ 100,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current  
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 3,400,000   $ 8,600,000  
Entergy Mississippi [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value   600,000   1,400,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 2,400,000 300,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (2,000,000.0) (1,100,000)    
Entergy Mississippi [Member] | Uncommitted Credit Facility of $65 Million [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 32,600,000      
Entergy Mississippi [Member] | Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   800,000  
Entergy Mississippi [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ (200,000)   $ (400,000)  
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current   Other Liabilities, Current  
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 300,000   $ 900,000  
Derivative Liability, Subject to Master Netting Arrangement, after Offset 100,000   500,000  
Entergy New Orleans [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 400,000 500,000 1,300,000 1,100,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 1,300,000 500,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (2,200,000) (1,100,000)    
Entergy New Orleans [Member] | Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   100,000  
Entergy New Orleans [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset (400,000)   (1,300,000)  
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 0   $ 0  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current  
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 400,000   $ 1,300,000  
Entergy Arkansas [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 3,000,000.0 2,800,000 8,600,000 6,000,000.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 13,200,000 23,700,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (18,800,000) (26,900,000)    
Entergy Arkansas [Member] | Uncommitted Credit Facility of $25 Million [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 17,100,000      
Entergy Arkansas [Member] | Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   500,000  
Entergy Arkansas [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset (3,000,000.0)   (8,600,000)  
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 0   $ 100,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current  
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 3,000,000.0   $ 8,500,000  
Entergy Texas [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 400,000 1,200,000 1,900,000 $ 2,400,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 2,000,000.0 6,300,000    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (3,500,000) $ (7,500,000)    
Entergy Texas [Member] | Uncommitted Credit Facility of $80 Million [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 105,400,000      
Entergy Texas [Member] | Financial Transmission Rights (FTRs) [Member]        
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Letters of Credit Outstanding, Amount 0   300,000  
Entergy Texas [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, before Offset (600,000)   (2,000,000.0)  
Derivative Liability, Subject to Master Netting Arrangement, before Offset of Collateral [Abstract]        
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 200,000   $ 100,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current  
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 400,000   $ 1,900,000  
v3.25.1
Risk Management and Fair Values (Schedule of Derivatives Not Designated As Hedging Instruments) (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   $ 2,000,000
Financial transmission rights      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0    
Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 49,000,000 $ 53,000,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ 0   $ (1,000,000)
Derivative Asset, Subject to Master Netting Arrangement, after Offset 7,000,000   $ 20,000,000
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration]     Other Liabilities, Current
Derivative Liability, Subject to Master Netting Arrangement, after Offset     $ 1,000,000
Financial transmission rights | Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative Asset, Subject to Master Netting Arrangement, before Offset     0
Financial transmission rights | Not Designated as Hedging Instrument [Member] | Prepaid Expenses and Other Current Assets      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 7,000,000   $ 21,000,000
Natural Gas Swaps | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Fuel Used Utilities Operating Expense, Fuel Used  
Derivative, Gain (Loss) on Derivative, Net $ 11,000,000 $ (6,000,000)  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 8,000,000   $ 2,000,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset 0   0
Derivative Asset, Subject to Master Netting Arrangement, after Offset 8,000,000   2,000,000
Entergy Arkansas [Member] | Uncommitted Credit Facility of $25 Million [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount 17,100,000    
Entergy Arkansas [Member] | Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   $ 500,000
Entergy Arkansas [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 18,800,000 $ 26,900,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 3,000,000.0   $ 8,600,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset 0   (100,000)
Derivative Asset, Subject to Master Netting Arrangement, after Offset 3,000,000.0   8,500,000
Entergy Louisiana [Member] | Uncommitted Credit Facility of $125 Million [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount 56,200,000    
Entergy Louisiana [Member] | Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   $ 100,000
Entergy Louisiana [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 22,000,000.0 $ 16,200,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 3,400,000   $ 8,700,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset 0   (100,000)
Derivative Asset, Subject to Master Netting Arrangement, after Offset 3,400,000   8,600,000
Entergy Mississippi [Member] | Uncommitted Credit Facility of $65 Million [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount 32,600,000    
Entergy Mississippi [Member] | Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   800,000
Entergy Mississippi [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 2,000,000.0 $ 1,100,000  
Derivative Asset, Subject to Master Netting Arrangement, before Offset 200,000   400,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset $ (300,000)   $ (900,000)
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current   Other Liabilities, Current
Derivative Liability, Subject to Master Netting Arrangement, after Offset $ 100,000   $ 500,000
Entergy Mississippi [Member] | Natural Gas Swaps | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Fuel Used Utilities Operating Expense, Fuel Used  
Derivative, Gain (Loss) on Derivative, Net $ 11,400,000 $ 5,200,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 8,400,000   $ 1,600,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset 0   0
Derivative Asset, Subject to Master Netting Arrangement, after Offset 8,400,000   1,600,000
Entergy New Orleans [Member] | Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   $ 100,000
Entergy New Orleans [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 2,200,000 $ 1,100,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 400,000   $ 1,300,000
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset 0   0
Derivative Asset, Subject to Master Netting Arrangement, after Offset 400,000   1,300,000
Entergy New Orleans [Member] | Natural Gas Swaps | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]   Utilities Operating Expense, Fuel Used  
Derivative, Gain (Loss) on Derivative, Net   $ 500,000  
Entergy Texas [Member] | Uncommitted Credit Facility of $80 Million [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount 105,400,000    
Entergy Texas [Member] | Financial Transmission Rights (FTRs) [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Letters of Credit Outstanding, Amount $ 0   $ 300,000
Entergy Texas [Member] | Financial transmission rights | Not Designated as Hedging Instrument [Member]      
Effect Of Derivative Instruments Not Designated As Hedging Instruments On The Consolidated Statements Of Income [Line Items]      
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Utilities Operating Expense, Purchased Power Utilities Operating Expense, Purchased Power  
Derivative, Gain (Loss) on Derivative, Net $ 3,500,000 $ 7,500,000  
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration] Prepaid Expense and Other Assets, Current   Prepaid Expense and Other Assets, Current
Derivative Asset, Subject to Master Netting Arrangement, before Offset $ 600,000   $ 2,000,000.0
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset (200,000)   (100,000)
Derivative Asset, Subject to Master Netting Arrangement, after Offset $ 400,000   $ 1,900,000
v3.25.1
Risk Management and Fair Values (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value $ 1,444,253 $ 811,279
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 7,216,000 6,740,000
Cash and Cash Equivalents, Fair Value Disclosure 1,444,000 811,000
Asset Recovery Damaged Property Costs, Noncurrent 300,269 340,460
Prepaid Expenses and Other Current Assets    
Liabilities, Fair Value Disclosure [Abstract]    
Other Restricted Assets, Current 10,000 4,000
Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 2,091,000 2,047,000
Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 41,000 30,000
Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 7,000 20,000
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis   1,000
Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 8,000 2,000
Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 2,664,000 2,035,000
Cash and Cash Equivalents, Fair Value Disclosure 1,444,000 811,000
Other Restricted Assets, Current 10,000 4,000
Asset Recovery Damaged Property Costs, Noncurrent 300,000 340,000
Fair Value, Inputs, Level 1 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 861,000 848,000
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 41,000 30,000
Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis   0
Fair Value, Inputs, Level 1 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 8,000 2,000
Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 1,230,000 1,199,000
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Fair Value, Inputs, Level 2 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 1,230,000 1,199,000
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis   0
Fair Value, Inputs, Level 2 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 7,000 20,000
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Fair Value, Inputs, Level 3 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 7,000 20,000
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis   1,000
Fair Value, Inputs, Level 3 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Fair Value Measured at Net Asset Value Per Share    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 3,315,000 3,486,000
Entergy New Orleans [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 13,892 31,403
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 89,500 118,000
Cash and Cash Equivalents, Fair Value Disclosure 13,900 31,400
Other Restricted Assets, Current 913 1,611
Asset Recovery Damaged Property Costs, Noncurrent 74,279 83,742
Entergy New Orleans [Member] | Prepaid Expenses and Other Current Assets    
Liabilities, Fair Value Disclosure [Abstract]    
Other Restricted Assets, Current 900 1,600
Entergy New Orleans [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 400 1,300
Entergy New Orleans [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 89,100 116,700
Cash and Cash Equivalents, Fair Value Disclosure 13,900 31,400
Other Restricted Assets, Current 900 1,600
Asset Recovery Damaged Property Costs, Noncurrent 74,300 83,700
Entergy New Orleans [Member] | Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 0 0
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 400 1,300
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Entergy New Orleans [Member] | Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 400 1,300
Entergy Mississippi [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 598,016 155,509
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 606,400 157,100
Cash and Cash Equivalents, Fair Value Disclosure 598,000 155,500
Entergy Mississippi [Member] | Financial transmission rights    
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis 100 500
Entergy Mississippi [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 8,400 1,600
Entergy Mississippi [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 606,400 157,100
Cash and Cash Equivalents, Fair Value Disclosure 598,000 155,500
Entergy Mississippi [Member] | Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis 0 0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 1 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 8,400 1,600
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 0 0
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis 0 0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 2 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 0 0
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Liabilities, Fair Value Disclosure [Abstract]    
Liabilities, Fair Value Disclosure on Recurring Basis 100 500
Entergy Mississippi [Member] | Fair Value, Inputs, Level 3 [Member] | Natural Gas Swaps    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Louisiana [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 392,034 326,775
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 2,999,600 3,021,200
Cash and Cash Equivalents, Fair Value Disclosure 392,000 326,800
Asset Recovery Damaged Property Costs, Noncurrent 225,990 256,718
Entergy Louisiana [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 926,100 908,100
Entergy Louisiana [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 17,100 14,500
Entergy Louisiana [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 3,400 8,600
Entergy Louisiana [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 964,300 924,000
Cash and Cash Equivalents, Fair Value Disclosure 392,000 326,800
Asset Recovery Damaged Property Costs, Noncurrent 226,000 256,700
Entergy Louisiana [Member] | Fair Value, Inputs, Level 1 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 329,200 326,000
Entergy Louisiana [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 17,100 14,500
Entergy Louisiana [Member] | Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 596,900 582,100
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 596,900 582,100
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 3,400 8,600
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Asset Recovery Damaged Property Costs, Noncurrent 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Louisiana [Member] | Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 3,400 8,600
Entergy Louisiana [Member] | Fair Value Measured at Net Asset Value Per Share    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 1,435,000 1,506,500
Entergy Arkansas [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 54,906 3,441
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 1,629,100 1,616,300
Cash and Cash Equivalents, Fair Value Disclosure 54,900 3,400
Entergy Arkansas [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 590,100 579,000
Entergy Arkansas [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 19,500 12,900
Entergy Arkansas [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 3,000 8,500
Entergy Arkansas [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 340,300 276,200
Cash and Cash Equivalents, Fair Value Disclosure 54,900 3,400
Entergy Arkansas [Member] | Fair Value, Inputs, Level 1 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 265,900 259,900
Entergy Arkansas [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 19,500 12,900
Entergy Arkansas [Member] | Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 324,200 319,100
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 324,200 319,100
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 3,000 8,500
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
Entergy Arkansas [Member] | Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 3,000 8,500
Entergy Arkansas [Member] | Fair Value Measured at Net Asset Value Per Share    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 961,600 1,012,500
Entergy Texas [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 298,015 184,706
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 307,200 189,300
Cash and Cash Equivalents, Fair Value Disclosure 298,000 184,700
Other Restricted Assets, Current 8,838 2,703
Entergy Texas [Member] | Prepaid Expenses and Other Current Assets    
Liabilities, Fair Value Disclosure [Abstract]    
Other Restricted Assets, Current 8,800 2,700
Entergy Texas [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 400 1,900
Entergy Texas [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 306,800 187,400
Cash and Cash Equivalents, Fair Value Disclosure 298,000 184,700
Other Restricted Assets, Current 8,800 2,700
Entergy Texas [Member] | Fair Value, Inputs, Level 1 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 0 0
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Entergy Texas [Member] | Fair Value, Inputs, Level 2 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 0 0
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 400 1,900
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Other Restricted Assets, Current 0 0
Entergy Texas [Member] | Fair Value, Inputs, Level 3 [Member] | Financial transmission rights    
Assets, Fair Value Disclosure [Abstract]    
Derivative Asset 400 1,900
System Energy [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash Equivalents, at Carrying Value 2,414 28,460
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 1,499,700 1,557,600
Cash and Cash Equivalents, Fair Value Disclosure 2,400 28,500
System Energy [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 574,900 559,800
System Energy [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 3,700 2,400
System Energy [Member] | Fair Value, Inputs, Level 1 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 272,100 293,300
Cash and Cash Equivalents, Fair Value Disclosure 2,400 28,500
System Energy [Member] | Fair Value, Inputs, Level 1 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 266,000 262,400
System Energy [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 3,700 2,400
System Energy [Member] | Fair Value, Inputs, Level 2 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 308,900 297,400
Cash and Cash Equivalents, Fair Value Disclosure 0 0
System Energy [Member] | Fair Value, Inputs, Level 2 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 308,900 297,400
System Energy [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
System Energy [Member] | Fair Value, Inputs, Level 3 [Member]    
Liabilities, Fair Value Disclosure [Abstract]    
Assets, Fair Value Disclosure 0 0
Cash and Cash Equivalents, Fair Value Disclosure 0 0
System Energy [Member] | Fair Value, Inputs, Level 3 [Member] | Debt Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
System Energy [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value 0 0
System Energy [Member] | Fair Value Measured at Net Asset Value Per Share    
Assets, Fair Value Disclosure [Abstract]    
Decommissioning Fund Investments, Fair Value $ 918,700 $ 966,900
v3.25.1
Risk Management and Fair Values (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value $ 7.0 $ 9.0 $ 20.0 $ 21.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 36.0 41.0    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (49.0) (53.0)    
Entergy Arkansas [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 3.0 2.8 8.6 6.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 13.2 23.7    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (18.8) (26.9)    
Entergy Louisiana [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 3.4 4.1 8.6 9.8
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 16.8 10.5    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (22.0) (16.2)    
Entergy Mississippi [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value   0.6   1.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 2.4 0.3    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value (0.1)   (0.5)  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (2.0) (1.1)    
Entergy New Orleans [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 0.4 0.5 1.3 1.1
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 1.3 0.5    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements (2.2) (1.1)    
Entergy Texas [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value 0.4 1.2 $ 1.9 $ 2.4
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included as Regulatory Liability/Asset 2.0 6.3    
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements $ (3.5) $ (7.5)    
v3.25.1
Decommissioning Trust Funds (Narrative) (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Decommissioning Trust Funds (Textual) [Abstract]      
Debt Securities, Available-for-Sale, Amortized Cost $ 2,138,000,000   $ 2,121,000,000
Average Coupon Rate of Debt Securities Percentage 4.12%    
Average Duration of Debt Securities in Years 6 years 4 months 6 days    
Average Maturity of Debt Securities, Years 10 years 11 months 8 days    
Proceeds from Sale of Debt Securities, Available-for-Sale $ 262,000,000 $ 169,000,000  
Debt Securities, Available-for-Sale, Realized Gain 1,000,000 0  
Debt Securities, Available-for-Sale, Realized Loss 4,000,000 7,000,000  
Equity Securities, FV-NI, Unrealized Gain (Loss) 190,000,000    
Deferred Tax Asset, Debt Securities, Available-for-Sale, Unrealized Loss 0   0
Entergy Arkansas [Member]      
Decommissioning Trust Funds (Textual) [Abstract]      
Debt Securities, Available-for-Sale, Amortized Cost $ 604,300,000   603,500,000
Average Coupon Rate of Debt Securities Percentage 3.71%    
Average Duration of Debt Securities in Years 6 years 2 months 26 days    
Average Maturity of Debt Securities, Years 8 years 5 months 26 days    
Proceeds from Sale of Debt Securities, Available-for-Sale $ 0 12,400,000  
Debt Securities, Available-for-Sale, Realized Gain 0 0  
Debt Securities, Available-for-Sale, Realized Loss 0 400,000  
Equity Securities, FV-NI, Unrealized Gain (Loss) 56,900,000    
Entergy Louisiana [Member]      
Decommissioning Trust Funds (Textual) [Abstract]      
Debt Securities, Available-for-Sale, Amortized Cost $ 943,000,000   931,500,000
Average Coupon Rate of Debt Securities Percentage 4.37%    
Average Duration of Debt Securities in Years 6 years 5 months 4 days    
Average Maturity of Debt Securities, Years 12 years 8 months 1 day    
Proceeds from Sale of Debt Securities, Available-for-Sale $ 110,000,000.0 48,400,000  
Percentage Interest in River Bend 30.00%    
Debt Securities, Available-for-Sale, Realized Gain $ 100,000 200,000  
Debt Securities, Available-for-Sale, Realized Loss 1,500,000 2,900,000  
Equity Securities, FV-NI, Unrealized Gain (Loss) 78,800,000    
System Energy [Member]      
Decommissioning Trust Funds (Textual) [Abstract]      
Debt Securities, Available-for-Sale, Amortized Cost $ 590,700,000   $ 585,500,000
Average Coupon Rate of Debt Securities Percentage 4.16%    
Average Duration of Debt Securities in Years 6 years 4 months 6 days    
Average Maturity of Debt Securities, Years 10 years 8 months 15 days    
Proceeds from Sale of Debt Securities, Available-for-Sale $ 152,300,000 108,000,000.0  
Debt Securities, Available-for-Sale, Realized Gain 600,000 200,000  
Debt Securities, Available-for-Sale, Realized Loss 2,700,000 $ 3,500,000  
Equity Securities, FV-NI, Unrealized Gain (Loss) $ 53,800,000    
v3.25.1
Decommissioning Trust Funds (Schedule of Available-for-Sale Securities Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Available-for-Sale $ 2,091.0 $ 2,047.0
Debt Securities, Available-for-Sale, Unrealized Gain 15.0 7.0
Debt Securities, Available-for-Sale, Unrealized Loss 62.0 80.0
Entergy Arkansas [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Available-for-Sale 590.1 579.0
Debt Securities, Available-for-Sale, Unrealized Gain 4.0 1.2
Debt Securities, Available-for-Sale, Unrealized Loss 18.1 25.8
Entergy Louisiana [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Available-for-Sale 926.1 908.1
Debt Securities, Available-for-Sale, Unrealized Gain 6.3 3.6
Debt Securities, Available-for-Sale, Unrealized Loss 23.1 26.9
System Energy [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Available-for-Sale 574.9 559.8
Debt Securities, Available-for-Sale, Unrealized Gain 4.7 1.9
Debt Securities, Available-for-Sale, Unrealized Loss $ 20.6 $ 27.6
v3.25.1
Decommissioning Trust Funds (Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value) (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value $ 638.0 $ 1,102.0
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value 469.0 510.0
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Fair Value 1,107.0 1,612.0
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months 14.0 24.0
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer 48.0 56.0
Debt Securities, Available-for-Sale, Unrealized Loss Position 62.0 80.0
Entergy Arkansas [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value 158.4 282.8
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value 183.0 195.0
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Fair Value 341.4 477.8
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months 3.9 8.2
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer 14.2 17.6
Debt Securities, Available-for-Sale, Unrealized Loss Position 18.1 25.8
Entergy Louisiana [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value 324.8 543.8
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value 165.0 178.4
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Fair Value 489.8 722.2
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months 6.7 8.8
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer 16.4 18.1
Debt Securities, Available-for-Sale, Unrealized Loss Position 23.1 26.9
System Energy [Member]    
Debt Securities, Available-for-Sale [Line Items]    
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value 154.4 275.6
Debt Securities, Held-to-Maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value 120.6 136.8
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Fair Value 275.0 412.4
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months 2.9 6.8
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer 17.7 20.8
Debt Securities, Available-for-Sale, Unrealized Loss Position $ 20.6 $ 27.6
v3.25.1
Decommissioning Trust Funds (Schedule of Investments Classified by Contractual Maturity Date) (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale, Fair Value, Fiscal Year Maturity [Abstract]    
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five $ 551,000 $ 574,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 639,000 629,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 Through 15 205,000 166,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 15 Through 20 216,000 218,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 20 451,000 424,000
Debt Securities, Available-for-Sale 2,091,000 2,047,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 29,000 36,000
Decommissioning Fund Investments 5,446,731 5,562,575
Entergy Arkansas [Member]    
Debt Securities, Available-for-Sale, Fair Value, Fiscal Year Maturity [Abstract]    
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five 144,000 142,500
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 234,800 231,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 Through 15 71,200 62,200
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 15 Through 20 64,200 62,800
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 20 50,700 48,800
Debt Securities, Available-for-Sale 590,100 579,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 25,200 31,700
Decommissioning Fund Investments 1,571,159 1,604,428
Entergy Louisiana [Member]    
Debt Securities, Available-for-Sale, Fair Value, Fiscal Year Maturity [Abstract]    
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five 221,200 188,200
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 212,000 259,400
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 Through 15 97,400 80,900
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 15 Through 20 103,600 106,100
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 20 288,200 269,100
Debt Securities, Available-for-Sale 926,100 908,100
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 3,700 4,400
Decommissioning Fund Investments 2,378,235 2,429,088
System Energy [Member]    
Debt Securities, Available-for-Sale, Fair Value, Fiscal Year Maturity [Abstract]    
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five 185,800 243,700
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 192,400 138,900
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 Through 15 36,200 22,700
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 15 Through 20 48,600 49,400
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 20 111,700 104,900
Debt Securities, Available-for-Sale 574,900 559,800
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 200 200
Decommissioning Fund Investments $ 1,497,337 $ 1,529,059
v3.25.1
Decommissioning Trust Funds (Schedule of Realized Gain (Loss)) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Proceeds from Sale of Debt Securities, Available-for-sale $ 262.0 $ 169.0
Debt Securities, Available-for-Sale, Realized Gain 1.0 0.0
Debt Securities, Available-for-Sale, Realized Loss 4.0 7.0
System Energy [Member]    
Proceeds from Sale of Debt Securities, Available-for-sale 152.3 108.0
Debt Securities, Available-for-Sale, Realized Gain 0.6 0.2
Debt Securities, Available-for-Sale, Realized Loss 2.7 3.5
Entergy Louisiana [Member]    
Proceeds from Sale of Debt Securities, Available-for-sale 110.0 48.4
Debt Securities, Available-for-Sale, Realized Gain 0.1 0.2
Debt Securities, Available-for-Sale, Realized Loss 1.5 2.9
Entergy Arkansas [Member]    
Proceeds from Sale of Debt Securities, Available-for-sale 0.0 12.4
Debt Securities, Available-for-Sale, Realized Gain 0.0 0.0
Debt Securities, Available-for-Sale, Realized Loss $ 0.0 $ 0.4
v3.25.1
Income Taxes (Narrative) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Regulatory Liability, Noncurrent $ 3,425,277   $ 3,609,463
Increase (Decrease) in Regulatory Liabilities (201,803) $ 205,587  
Income Tax Expense (Benefit) 100,041 20,994  
Entergy New Orleans [Member]      
Regulatory Liability, Noncurrent 248,372   260,312
Increase (Decrease) in Regulatory Liabilities (11,514) 166,532  
Income Tax Expense (Benefit) 3,739 (19,333)  
Entergy Arkansas [Member]      
Regulatory Liability, Noncurrent 780,511   $ 831,165
Increase (Decrease) in Regulatory Liabilities (47,940) 21,357  
Income Tax Expense (Benefit) $ 23,002 $ (10,674)  
v3.25.1
Variable Interest Entities (Narrative) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Variable Interest Entity [Line Items]      
Assets $ 66,620,409   $ 64,790,032
Entergy New Orleans [Member]      
Variable Interest Entity [Line Items]      
Assets 2,209,638   2,223,153
Entergy Louisiana [Member]      
Variable Interest Entity [Line Items]      
Assets 31,158,746   30,348,550
Equity, Attributable to Noncontrolling Interest $ 42,570   42,706
Entergy Louisiana [Member] | Restoration Law Trust I [Member]      
Variable Interest Entity [Line Items]      
LURC's beneficial interest in the storm trust, percentage 1.00%    
Equity, Attributable to Noncontrolling Interest $ 28,400   28,800
Entergy Louisiana [Member] | Restoration Law Trust I [Member] | Entergy Finance Company [Member]      
Variable Interest Entity [Line Items]      
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value $ 2,800,000   2,900,000
Entergy Louisiana [Member] | Restoration Law Trust II [Member]      
Variable Interest Entity [Line Items]      
LURC's beneficial interest in the storm trust, percentage 1.00%    
Equity, Attributable to Noncontrolling Interest $ 14,100   13,900
Entergy Louisiana [Member] | Restoration Law Trust II [Member] | Entergy Finance Company [Member]      
Variable Interest Entity [Line Items]      
Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value 1,400,000   1,400,000
System Energy [Member]      
Variable Interest Entity [Line Items]      
Assets 4,539,418   4,642,474
System Energy [Member] | Grand Gulf [Member]      
Variable Interest Entity [Line Items]      
Payments on lease including interest 8,600 $ 8,600  
Entergy Arkansas [Member]      
Variable Interest Entity [Line Items]      
Assets 15,092,087   15,073,983
Equity, Attributable to Noncontrolling Interest 13,796   15,168
Entergy Arkansas [Member] | AR Searcy Partnership, LLC [Member]      
Variable Interest Entity [Line Items]      
Assets 128,500   129,700
Ownership Interest in Partnership, Carrying Value 113,800   113,200
Entergy Mississippi [Member]      
Variable Interest Entity [Line Items]      
Assets 7,780,515   6,988,970
Equity, Attributable to Noncontrolling Interest 5,723   8,202
Entergy Mississippi [Member] | MS Sunflower Partnership, LLC [Member]      
Variable Interest Entity [Line Items]      
Assets 154,900   157,800
Ownership Interest in Partnership, Carrying Value $ 137,400   $ 132,700
v3.25.1
Revenue (Schedule of Disaggregation of Revenue) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Disaggregation of Revenue [Line Items]    
Revenues $ 2,846,874 $ 2,794,628
Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 613,511 622,045
Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 1,301,547 1,202,440
Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 423,709 414,856
Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 181,055 192,961
Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 441,939 444,491
Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer (4,473) 15,009
Revenues 2,757,866 2,706,506
Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer 1,199 2,573
Revenues 613,511 622,045
Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer (6,405) 6,979
Revenues 1,271,946 1,172,793
Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer 597 2,434
Revenues 423,709 414,856
Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer 107 1,426
Revenues 138,925 156,941
Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue Not from Contract with Customer 30 (155)
Revenues 441,939 444,491
Natural Gas, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 71,731 65,667
Revenues 71,731 65,667
Natural Gas, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Natural Gas, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 29,601 29,647
Revenues 29,601 29,647
Natural Gas, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Natural Gas, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 42,130 36,020
Revenues 42,130 36,020
Natural Gas, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 0 0
Product and Service, Other [Member]    
Disaggregation of Revenue [Line Items]    
Revenues 17,277 22,455
Residential [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,113,304 1,070,341
Residential [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 274,606 275,753
Residential [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 378,238 345,027
Residential [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 186,308 178,617
Residential [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 65,689 67,677
Residential [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 208,463 203,267
Commercial [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 684,007 691,851
Commercial [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 131,617 141,307
Commercial [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 263,200 256,696
Commercial [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 135,873 132,318
Commercial [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 47,622 53,226
Commercial [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 105,695 108,304
Industrial [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 774,119 748,957
Industrial [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 149,065 149,407
Industrial [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 465,707 421,597
Industrial [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 47,345 46,427
Industrial [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 5,654 6,977
Industrial [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 106,348 124,549
Governmental [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 62,819 65,310
Governmental [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 4,219 4,698
Governmental [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 21,669 21,821
Governmental [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 13,690 13,330
Governmental [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 16,529 18,354
Governmental [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 6,712 7,107
Billed Retail [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 2,634,249 2,576,459
Billed Retail [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 559,507 571,165
Billed Retail [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,128,814 1,045,141
Billed Retail [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 383,216 370,692
Billed Retail [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 135,494 146,234
Billed Retail [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 427,218 443,227
Sales for Resale [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 51,872 79,003
Sales for Resale [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 36,729 38,965
Sales for Resale [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 111,548 82,728
Sales for Resale [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 28,097 47,932
Sales for Resale [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 3,889 12,500
Sales for Resale [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 2,395 1,907
Other Electric [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 76,218 36,035
Other Electric [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 16,076 9,342
Other Electric [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 37,989 37,945
Other Electric [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 11,799 (6,202)
Other Electric [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax (565) (3,219)
Other Electric [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 12,296 (488)
Customer [Member] | Electricity, US Regulated [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 2,762,339 2,691,497
Customer [Member] | Electricity, US Regulated [Member] | Entergy Arkansas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 612,312 619,472
Customer [Member] | Electricity, US Regulated [Member] | Entergy Louisiana [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 1,278,351 1,165,814
Customer [Member] | Electricity, US Regulated [Member] | Entergy Mississippi [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 423,112 412,422
Customer [Member] | Electricity, US Regulated [Member] | Entergy New Orleans [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax 138,818 155,515
Customer [Member] | Electricity, US Regulated [Member] | Entergy Texas [Member]    
Disaggregation of Revenue [Line Items]    
Revenue from Contract with Customer, Excluding Assessed Tax $ 441,909 $ 444,646
v3.25.1
Acquisitions, Held for Sale, and Dispositions (Disposal Groups, Including Discontinued Operations) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Including Discontinued Operation, Assets, Current $ 15,898   $ 15,574
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 467,215   462,797
Entergy Louisiana [Member]      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Including Discontinued Operation, Assets, Current 4,680   2,474
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 176,579   173,669
Entergy New Orleans [Member]      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Including Discontinued Operation, Assets, Current 11,218   13,100
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 286,317   284,738
Disposal Group, Held-for-Sale, Not Discontinued Operations | Entergy New Orleans and Entergy Louisiana natural gas distribution businesses      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Assets, Deferred Fuel Cost 5,318   5,608
Disposal Group, Assets, Energy Related Inventory 3,506   4,493
Disposal Group, Assets, Public Utilities, Inventory 5,065   5,451
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current 2,009   22
Disposal Group, Including Discontinued Operation, Assets, Current 15,898   15,574
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Natural Gas 688,009   679,502
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Construction Work In Progress 3,441   2,959
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Accumulated Depreciation (280,796)   (276,388)
Disposal Group, Assets, Regulatory Asset, Noncurrent 35,040   35,381
Disposal Group, Including Discontinued Operation, Goodwill, Noncurrent 6,403   6,474
Disposal Group, Assets, Defined Benefit Plan, Noncurrent 14,916   14,663
Disposal Group, Assets, Other Assets, Noncurrent 202   206
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 467,215   462,797
Disposal Group, Including Discontinued Operation, Accounts Payable, Current 802   702
Disposal Group, Liabilities, Contract with Customer, Refund Liability, Current 6,017   6,214
Disposal Group, Liabilities, Taxes Payable, Current 1,284   13
Disposal Group, Including Discontinued Operation, Other Liabilities, Current 1,349   1,401
Disposal Group, Including Discontinued Operation, Liabilities, Current 9,452   8,330
Disposal Group, Liabilities, Regulatory Liability for Income Taxes - net 32,327   31,575
Disposal Group, Liabilities, Regulatory Liability, Noncurrent 2,424   1,611
Disposal Group, Liabilities, Defined Benefit Plan, Noncurrent 3,988   3,976
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent 3,610   3,844
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 42,349   41,006
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax 22,016 $ 19,932  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Entergy Louisiana natural gas distribution business | Entergy Louisiana [Member]      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Assets, Deferred Fuel Cost 2,676   727
Disposal Group, Assets, Energy Related Inventory 802   702
Disposal Group, Assets, Public Utilities, Inventory 1,121   1,045
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current 81   0
Disposal Group, Including Discontinued Operation, Assets, Current 4,680   2,474
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Natural Gas 308,239   303,193
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Construction Work In Progress 1,287   1,085
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Accumulated Depreciation (141,851)   (139,556)
Disposal Group, Assets, Regulatory Asset, Noncurrent 8,904   8,947
Disposal Group, Including Discontinued Operation, Goodwill, Noncurrent 0   0
Disposal Group, Assets, Defined Benefit Plan, Noncurrent 0   0
Disposal Group, Assets, Other Assets, Noncurrent 0   0
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 176,579   173,669
Disposal Group, Including Discontinued Operation, Accounts Payable, Current 802   702
Disposal Group, Liabilities, Contract with Customer, Refund Liability, Current 1,809   1,984
Disposal Group, Liabilities, Taxes Payable, Current 1,268   13
Disposal Group, Including Discontinued Operation, Other Liabilities, Current 541   589
Disposal Group, Including Discontinued Operation, Liabilities, Current 4,420   3,288
Disposal Group, Liabilities, Regulatory Liability for Income Taxes - net 5,418   4,981
Disposal Group, Liabilities, Regulatory Liability, Noncurrent 1,850   1,214
Disposal Group, Liabilities, Defined Benefit Plan, Noncurrent 4,546   4,525
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent 1,110   1,194
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 12,924   11,914
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax 9,775 10,104  
Disposal Group, Held-for-Sale, Not Discontinued Operations | Entergy New Orleans natural gas distribution business | Entergy New Orleans [Member]      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Disposal Group, Assets, Deferred Fuel Cost 2,642   4,881
Disposal Group, Assets, Energy Related Inventory 2,704   3,791
Disposal Group, Assets, Public Utilities, Inventory 3,944   4,406
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current 1,928   22
Disposal Group, Including Discontinued Operation, Assets, Current 11,218   13,100
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Natural Gas 379,770   376,309
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Construction Work In Progress 2,154   1,874
Disposal Group, Assets, Public Utilities, Property, Plant, and Equipment, Accumulated Depreciation (138,945)   (136,832)
Disposal Group, Assets, Regulatory Asset, Noncurrent 23,412   23,682
Disposal Group, Including Discontinued Operation, Goodwill, Noncurrent 0   0
Disposal Group, Assets, Defined Benefit Plan, Noncurrent 19,724   19,499
Disposal Group, Assets, Other Assets, Noncurrent 202   206
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 286,317   284,738
Disposal Group, Including Discontinued Operation, Accounts Payable, Current 0   0
Disposal Group, Liabilities, Contract with Customer, Refund Liability, Current 4,208   4,230
Disposal Group, Liabilities, Taxes Payable, Current 16   0
Disposal Group, Including Discontinued Operation, Other Liabilities, Current 808   812
Disposal Group, Including Discontinued Operation, Liabilities, Current 5,032   5,042
Disposal Group, Liabilities, Regulatory Liability for Income Taxes - net 26,909   26,594
Disposal Group, Liabilities, Regulatory Liability, Noncurrent 574   397
Disposal Group, Liabilities, Defined Benefit Plan, Noncurrent 1,188   1,197
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent 2,500   2,650
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 31,171   $ 30,838
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax $ 12,241 $ 9,828  
v3.25.1
Acquisitions, Held for Sale, and Dispositions (Schedule of Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale) (Details) - Disposal Group, Held-for-Sale, Not Discontinued Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Entergy New Orleans and Entergy Louisiana natural gas distribution businesses    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax $ 22,016 $ 19,932
Entergy Louisiana [Member] | Entergy Louisiana natural gas distribution business    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax 9,775 10,104
Entergy New Orleans [Member] | Entergy New Orleans natural gas distribution business    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Income (Loss) from Individually Significant Component Disposed of or Held-for-Sale, Excluding Discontinued Operations, Attributable to Parent, before Income Tax $ 12,241 $ 9,828