Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 362

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 362
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:Natural gas swaps$— $— $5 $5 2024Level 1Level 2Level 3Total(In Millions)Assets:    Temporary cash investments$811 $— $— $811 Decommissioning trust funds (a):Equity securities30 — — 30 Debt securities848 1,199 — 2,047 Common trusts (b)3,486 Securitization recovery trust account4 — — 4 Storm reserve escrow accounts340 — — 340 Natural gas swaps2 — — 2 Financial transmission rights— — 20 20  $2,035 $1,199 $20 $6,740 Liabilities:    Financial transmission rights$— $— $1 $1 (a)The decommissioning trust funds hold equity and fixed income securities.  Equity securities are invested to approximate the returns of major market indices.  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 September 30, 2025 and 2024:20252024(In Millions)Balance as of July 1,$48 $48 Gains included as a regulatory liability/asset18 15 Settlements(36)(33)Balance as of September 30,$30 $30 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 nine months ended September 30, 2025 and 2024:20252024(In Millions)Balance as of January 1,$20 $20 Issuances of financial transmission rights49 53 Gains included as a regulatory liability/