Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 239

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 7
Chunk 239
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, the Legend Power Station project, and the Lone Star Power Station project;

•an increase of $258 million in distribution construction expenditures primarily due to increased investment in the resilience of the Utility distribution system;

•an increase of $116 million in transmission construction expenditures primarily due to higher spending by Entergy Louisiana on the Commodore transmission projects and increased spending on various other transmission projects in 2025; and

•an increase of $54 million in nuclear construction expenditures primarily due to increased spending on various nuclear projects in 2025.

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Table of ContentsEntergy Corporation and SubsidiariesManagement’s Financial Discussion and Analysis

The increase was partially offset by:

•the initial payment of approximately $170 million in February 2024 for the purchase of the Walnut Bend Solar facility by Entergy Arkansas;

•a decrease of $101 million in information technology capital expenditures primarily due to decreased spending on technology upgrade projects in 2025;

•net receipts from storm reserve escrow accounts of $37 million in 2025 compared to payments to storm reserve escrow accounts of $10 million in 2024; and

•a decrease of $32 million in nuclear fuel purchases due to variations from year to year in the timing and pricing of fuel reload requirements, materials and services deliveries, and the timing of cash payments during the nuclear fuel cycle.

See Note 14 to the financial statements in the Form 10-K for discussion of the Walnut Bend Solar facility purchase.

Financing Activities

Net cash flow provided by financing activities increased $117 million for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 primarily due to:

•$805 million in net proceeds from the issuance of common stock under the at the market equity distribution program in 2025.  There were no issuances of common stock under the at the market equity distribution program in 2024; and

•an increase of $371 million in net customer advances for construction related to transmission, distribution, and generator interconnection agreements.

The increase was partially offset by:

•long-term debt activity providing approximately $1,918 million of cash in 2025 compared to providing approximately $2,688 million of cash in 2024;

•an increase of $246 million in net repayments of commercial paper in 2025 as compared to 2024; and

•an increase of $34 million in common stock dividends paid in 2025 as a result of an increase in the dividend paid per share in 2025