Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 219

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 219
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 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.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

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 Arkansas2025Level 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 De