Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 686

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 686
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 decommissioning trust accounts.  The available-for-sale debt securities held as of December 31, 2024 and 2023 are summarized as follows:20242023(In Millions)Fair value$579.0 $496.9 Unrealized gains$1.2 $2.4 Unrealized losses$25.8 $53.6 The amortized cost of available-for-sale debt securities was $603.5 million as of December 31, 2024 and $548.1 million as of December 31, 2023.  As of December 31, 2024, the available-for-sale debt securities had an average coupon rate of approximately 3.72%, an average duration of approximately 6.31 years, and an average maturity of approximately 8.66 years.The unrealized gains/(losses) recognized during the year ended December 31, 2024 on equity securities still held as of December 31, 2024 were $177 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 December 31, 2024 and 2023:December 31, 2024December 31, 2023Fair ValueGross Unrealized LossesFair ValueGross Unrealized Losses(In Millions)Less than 12 months$282.8 $8.2 $22.5 $0.4 More than 12 months195.0 17.6 403.4 53.2 Total$477.8 $25.8 $425.9 $53.6 The fair value of available-for-sale debt securities, summarized by contractual maturities, as of December 31, 2024 and 2023 are as follows: 20242023 (In Millions)Less than 1 year$31.7 $45.3 1 year - 5 years142.5 132.2 5 years - 10 years231