Entergy Corporation, Domestic utility companies, and System Energy 146 Research Spending Entergy is a member of the Electric Power Research Institute (EPRI).
EPRI conducts a broad range of research in major technical fields related to the electric utility industry.
Entergy participates in various EPRI projects based on Entergy's needs and available resources.
The domestic utility companies contributed $1.5 million in 2003, $2.1 million in 2002, and $4 million in 2001 to EPRI.
The Non-Utility Nuclear business contributed $3 million in 2003 and 2002 and $2 million in 2001 to EPRI.
Employees Employees are an integral part of Entergy's commitment to serving its customers.
As of December 31, 2003, Entergy employed 14,773 people.
## Table 0 ##
Approximately 4,900 employees are represented by the International Brotherhood of Electrical Workers Union, the Utility Workers Union of America, and the International Brotherhood of Teamsters Union.
Domestic utility companies and System Energy Notes to Respective Financial Statements 313 Nuclear Fuel Leases As of December 31, 2003, arrangements to lease nuclear fuel existed in an aggregate amount up to $150 million for Entergy Arkansas, $80 million for each of System Energy and Entergy Louisiana, and $105 million for Entergy Gulf States.
As of December 31, 2003, the unrecovered cost base of nuclear fuel leases amounted to approximately $102.7 million for Entergy Arkansas, $63.7 million for Entergy Gulf States, $65.0 million for Entergy Louisiana, and $47.2 million for System Energy.
The lessors finance the acquisition and ownership of nuclear fuel through loans made under revolving credit agreements, the issuance of commercial paper, and the issuance of intermediate-term notes.
The credit agreements for Entergy Arkansas, Entergy Gulf States, Entergy Louisiana, and System Energy each have a termination date of October 30, 2006.
The termination dates may be extended from time to time with the consent of the lenders.
The intermediate-term notes issued pursuant to these fuel lease arrangements have varying maturities through December 15, 2008.
It is expected that additional financing under the leases will be arranged as needed to acquire additional fuel, to pay interest, and to pay maturing debt.
However, if such additional financing cannot be arranged, the lessee in each case must repurchase sufficient nuclear fuel to allow the lessor to meet its obligations in accordance with the fuel lease.
Lease payments are based on nuclear fuel use.
The table below represents the total nuclear fuel lease payments (principal and interest) as well as the separate interest component charged to operations in 2003, 2002, and 2001:
## Table 1 ##
Sale and Leaseback Transactions Waterford 3 Lease Obligations (Entergy Louisiana) In 1989, Entergy Louisiana sold and leased back 9.3% of its interest in Waterford 3 for the aggregate sum of $353.6 million.
The lease has an approximate term of 28 years.
The lessors financed the sale-leaseback through the issuance of Waterford 3 Secured Lease Obligation Bonds.
The lease payments made by Entergy Louisiana are sufficient to service the debt.
In 1994, Entergy Louisiana did not exercise its option to repurchase the 9.3% interest in Waterford 3.
As a result, Entergy Louisiana issued $208.2 million of non-interest bearing first mortgage bonds as collateral for the equity portion of certain amounts payable under the lease.
In 1997, the lessors refinanced the outstanding bonds used to finance the purchase of Waterford 3 at lower interest rates, which reduced the annual lease payments.
Upon the occurrence of certain events, Entergy Louisiana may be obligated to assume the outstanding bonds used to finance the purchase of the unit and to pay an amount sufficient to withdraw from the lease transaction.
Such events include lease events of default, events of loss, deemed loss events, or certain adverse “Financial Events.
” “Financial Events” include, among other things, failure by Entergy Louisiana, following the expiration of any
Entergy Corporation and Subsidiaries Notes to Financial Statements derivative assets or liabilities are based on the estimated amount that the contracts are in-the-money at the balance sheet date (treated as an asset) or out-of-the-money at the balance sheet date (treated as a liability) and would equal the estimated amount receivable or payable by Entergy if the contracts were settled at that date.
These derivative contracts include cash flow hedges that swap fixed for floating cash flows for sales of the output from Entergy's NonUtility Nuclear business.
The fair values are based on the mark-to-market comparison between the fixed contract prices and the floating prices determined each period from a combination of quoted forward power market prices for the period for which such curves are available, and model-generated prices using quoted forward gas market curves and estimates regarding heat rates to convert gas to power and the costs associated with the transportation of the power from the plants' bus bar to the contract's point of delivery, generally a power market hub, for the period thereafter.
The difference between the fixed price in the swap contract and these market-related prices multiplied by the volume specified in the contract and discounted at the counterparties' credit adjusted risk free rate are recorded as derivative contract assets or liabilities.
$202 million of cash flow hedges as of December 31, 2009 are in-the-money contracts with counterparties who are all currently investment grade.
$2 million of the cash flow hedges as of December 31, 2009 are out-of-the-money contracts supported by corporate guarantees, which would require additional cash or letters of credit in the event of a decrease in Entergy Corporation’s credit rating to below investment grade.
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 December 31, 2009 and 2008.
The assessment of the significance of a particular input to a fair value measurement requires judgment and may affect their placement within the fair value hierarchy levels.
## Table 2 ##
Level 1
## Table 3 ##
ENTERGY CORPORATION AND SUBSIDIARIES MANAGEMENT'S FINANCIAL DISCUSSION AND ANALYSIS Entergy operates primarily through two business segments: Utility and Non-Utility Nuclear.
x Utility generates, transmits, distributes, and sells electric power in service territories in four states that include portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operates a small natural gas distribution business.
x Non-Utility Nuclear owns and operates six nuclear power plants located in the northern United States and sells the electric power produced by those plants primarily to wholesale customers.
This business also provides services to other nuclear power plant owners.
In addition to its two primary, reportable, operating segments, Entergy also operates the non-nuclear wholesale assets business.
The non-nuclear wholesale assets business sells to wholesale customers the electric power produced by power plants that it owns while it focuses on improving performance and exploring sales or restructuring opportunities for its power plants.
Such opportunities are evaluated consistent with Entergy's market-based point-ofview.
Following are the percentages of Entergy's consolidated revenues and net income generated by its operating segments and the percentage of total assets held by them:
## Table 4 ##
Plan to Pursue Separation of Non-Utility Nuclear In November 2007, the Board approved a plan to pursue a separation of the Non-Utility Nuclear business from Entergy through a tax-free spin-off of the Non-Utility Nuclear business to Entergy shareholders.
Upon completion of the Board-approved spin-off plan, Enexus Energy Corporation, a wholly-owned subsidiary of Entergy, would be a new, separate, and publicly-traded company.
In addition, under the plan, Enexus and Entergy are expected to enter into a nuclear services business joint venture, EquaGen LLC, with 50% ownership by Enexus and 50% ownership by Entergy.
The EquaGen board of managers would be comprised of equal membership from both Entergy and Enexus.
Once the spin-off transaction is complete, Entergy Corporation's shareholders will own all Entergy common stock and will receive a distribution of 80.1 percent of the Enexus common shares.
Entergy will transfer the remaining Enexus common shares to a trust.
While held by the trust, the Enexus common shares will be voted by the trustee in the same proportion as the other Enexus common shares on any matter submitted to a vote of the Enexus shareholders.
Within a period of up to 18 months after the spin-off, Entergy is expected to exchange the Enexus common shares retained in the trust for Entergy common shares.
Enexus common shares not ultimately exchanged, if any, will be distributed to Entergy shareholders.
Enexus' business would be substantially comprised of Non-Utility Nuclear's assets, including its six nuclear power plants, and Non-Utility Nuclear's power marketing operation.
Entergy Corporation's remaining business would primarily be comprised of the Utility business.
EquaGen would operate the nuclear assets owned by Enexus under the Board-approved plan, and provide certain services to the Utility's nuclear operations.
EquaGen would also be expected to offer nuclear services to third parties, including decommissioning, plant relicensing, plant operations, and ancillary services.

<table><tr><td>Entergy Arkansas</td><td>1,516</td></tr><tr><td>Entergy Gulf States</td><td>1,676</td></tr><tr><td>Entergy Louisiana</td><td>918</td></tr><tr><td>Entergy Mississippi</td><td>810</td></tr><tr><td>Entergy New Orleans</td><td>375</td></tr><tr><td>System Energy</td><td>-</td></tr><tr><td>Entergy Operations</td><td>2,902</td></tr><tr><td>Entergy Services</td><td>2,755</td></tr><tr><td>Entergy Nuclear Operations</td><td>3,357</td></tr><tr><td>Other subsidiaries</td><td>255</td></tr><tr><td>Total Full-time</td><td>14,564</td></tr><tr><td>Part-time</td><td>209</td></tr><tr><td>Total Entergy</td><td>14,773</td></tr></table>
<table><tr><td></td><td colspan="2"> 2003</td><td colspan="2"> 2002</td><td colspan="2"> 2001</td></tr><tr><td></td><td> Lease  Payments</td><td> Interest</td><td> Lease  Payments</td><td> Interest</td><td> Lease  Payments</td><td> Interest</td></tr><tr><td></td><td colspan="6">(In Millions)</td></tr><tr><td>Entergy Arkansas</td><td>$49.9</td><td>$3.3</td><td>$49.6</td><td>$3.2</td><td>$54.1</td><td>$5.7</td></tr><tr><td>Entergy Gulf States</td><td>27.8</td><td>3.0</td><td>29.2</td><td>3.0</td><td>31.5</td><td>4.1</td></tr><tr><td>Entergy Louisiana</td><td>32.3</td><td>2.4</td><td>32.9</td><td>2.6</td><td>37.2</td><td>3.8</td></tr><tr><td>System Energy</td><td>32.0</td><td>3.1</td><td>26.1</td><td>2.5</td><td>26.5</td><td>3.6</td></tr><tr><td>Total</td><td>$142.0</td><td>$11.8</td><td>$137.8</td><td>$11.3</td><td>$149.3</td><td>$17.2</td></tr></table>
<table><tr><td>2009</td><td>Level 1</td><td>Level 2</td><td>Level 3</td><td>Total</td></tr><tr><td></td><td colspan="4">(In Millions)</td></tr><tr><td>Assets:</td><td></td><td></td><td></td><td></td></tr><tr><td>Temporary cash investments</td><td>$1,624</td><td>$-</td><td>$-</td><td>$1,624</td></tr><tr><td>Decommissioning trust funds:</td><td></td><td></td><td></td><td></td></tr><tr><td>Equity securities</td><td>528</td><td>1,260</td><td>-</td><td>1,788</td></tr><tr><td>Debt securities</td><td>443</td><td>980</td><td>-</td><td>1,423</td></tr><tr><td>Power contracts</td><td>-</td><td>-</td><td>200</td><td>200</td></tr><tr><td>Securitization recovery trust account</td><td>13</td><td>-</td><td>-</td><td>13</td></tr><tr><td>Gas hedge contracts</td><td>8</td><td>-</td><td>-</td><td>8</td></tr><tr><td>Other investments</td><td>42</td><td>-</td><td>-</td><td>42</td></tr><tr><td></td><td>$2,658</td><td>$2,240</td><td>$200</td><td>$5,098</td></tr></table>
<table><tr><td>2008</td><td>Level 1</td><td>Level 2</td><td>Level 3</td><td>Total</td></tr><tr><td></td><td colspan="4">(In Millions)</td></tr><tr><td>Assets:</td><td></td><td></td><td></td><td></td></tr><tr><td>Temporary cash investments</td><td>$1,805</td><td>$-</td><td>$-</td><td>$1,805</td></tr><tr><td>Decommissioning trust funds</td><td>508</td><td>2,324</td><td>-</td><td>2,832</td></tr><tr><td>Power contracts</td><td>-</td><td>-</td><td>207</td><td>207</td></tr><tr><td>Securitization recovery trust account</td><td>12</td><td>-</td><td>-</td><td>12</td></tr><tr><td>Other investments</td><td>35</td><td>-</td><td>-</td><td>35</td></tr><tr><td></td><td>$2,360</td><td>$2,324</td><td>$207</td><td>$4,891</td></tr><tr><td>Liabilities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Gas hedge contracts</td><td>$67</td><td>$-</td><td>$-</td><td>$67</td></tr></table>
<table><tr><td></td><td colspan="3">% of Revenue</td><td colspan="3">% of Net Income</td><td colspan="3">% of Total Assets</td></tr><tr><td>Segment</td><td>2009</td><td>2008</td><td>2007</td><td>2009</td><td>2008</td><td>2007</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Utility</td><td>75</td><td>79</td><td>80</td><td>57</td><td>49</td><td>61</td><td>80</td><td>77</td><td>78</td></tr><tr><td>Non-Utility Nuclear</td><td>24</td><td>19</td><td>18</td><td>50</td><td>64</td><td>46</td><td>28</td><td>21</td><td>21</td></tr><tr><td>Parent Company &Other Business Segments</td><td>1</td><td>2</td><td>2</td><td>-7</td><td>-13</td><td>-7</td><td>-8</td><td>2</td><td>1</td></tr></table>

Question: What's the total amount of the Decommissioning trust funds in Table 3 in the years where Non-Utility Nuclear of Net Income in Table 4 is greater than 60? (in million)
Answer: 2832.0