Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 257

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 7
Chunk 257
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Asset write-offs, impairments, and related charges(118,980)— (118,980)Taxes other than income taxes60,557 276 60,833 Depreciation and amortization57,192 214 57,406 Other income (deductions)64,278 317,872 382,150 Interest expense130,103 (5,280)124,823 Other expenses(18,193)169 (18,024)Income taxes105,384 68,260 173,644 Preferred dividend requirements of subsidiaries and noncontrolling interests5,431 — 5,431 2025 Net Income (Loss) Attributable to Entergy Corporation$1,898,989 ($376,499)$1,522,490 

(a)Parent & Other includes eliminations, which are primarily intersegment activity.

5

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

Results of operations for the nine months ended September 30, 2024 include: (1) a $317 million ($250 million net-of-tax) settlement charge, reflected in Parent & Other above, recognized as a result of a group annuity contract purchased in May 2024 to settle certain pension liabilities; (2) expenses of $151 million ($112 million net-of-tax), recorded at Utility in second quarter 2024, primarily consisting of regulatory charges to reflect the effects of an agreement in principle between Entergy Louisiana and the LPSC staff and the intervenors in July 2024 to renew Entergy Louisiana’s formula rate plan and resolve a number of other retail dockets and matters, including all formula rate plan test years prior to 2023; (3) a $132 million ($97 million net-of-tax) charge, recorded at Utility, to reflect the write-off of a previously recorded regulatory asset as a result of an adverse decision in the Entergy Arkansas opportunity sales proceeding in March 2024; and (4) a $78 million ($57 million net-of-tax) regulatory charge, recorded at Utility in first quarter 2024, primarily to reflect a settlement in principle between Entergy New Orleans and the City Council in April 2024 for additional sharing with customers of income tax benefits from the resolution of the 2016-2018 IRS audit.  See Note 11 to the financial statements in the Form 10-K for discussion of the group annuity contract and settlement charge.  See Note