Text

Recertification of Foreign Ownership Control or Influence and Request for FOCI Redetermination - Part 17 of 18
	ML21354A762
Person / Time
Site:	Palisades, Grand Gulf, Arkansas Nuclear, River Bend, Waterford, Big Rock Point
Issue date:	12/20/2021
From:	; Entergy Nuclear Operations
To:	; Office of Nuclear Material Safety and Safeguards, Office of Nuclear Security and Incident Response
Shared Package
ML21354A743	List: ML21354A745; ML21354A746; ML21354A747; ML21354A748; ML21354A749; ML21354A750; ML21354A751; ML21354A752; ML21354A753; ML21354A754; ML21354A755; ML21354A756; ML21354A757; ML21354A758; ML21354A759; ML21354A760; ML21354A761; ML21354A762; ML21354A763;
References
	CNRO2021-00028
	Download: ML21354A762 (64)
	v • d • e

Form 60 Approved OMB No. 1902-0215 Expires 01/31/2023 FERC FINANCIAL REPORT FERC FORM No. 60: Annual Report of Centralized Service Companies THIS FILING IS Item 1:

An Initial (Original)

Submission OR Resubmission No. ____

X Regulatory Commission does not consider this report to be of a confidential nature.

criminal fines, civil penalties, and other sanctions as provided by law. The Federal Energy Section 309 of the Federal Power Act and 18 C.F.R. § 366.23. Failure to report may result in This report is mandatory under the Public Utility Holding Company Act of 2005, Section 1270, FERC FORM No. 60 (12-06)

Exact Legal Name of Respondent (Company)

Entergy Nuclear Operations, Inc.

Year of Report Dec 31, 2020 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

GENERAL INSTRUCTIONS FOR FILING FERC FORM NO. 60 I. Purpose Form No. 60 is an annual regulatory support requirement under 18 CFR 369.1for centralized service companies. The report is designed to collect financial information from centralized service companies subject to the jurisdiction of the Federal Energy Regulatory Commission. The report is considered to be a non-confidential public use form.

II. Who Must Submit Unless the holding company system is exempted or granted a waiver by Commission rule or order pursuant to §§ 18 CFR 366.3 and 366.4 of this chapter, every centralized service company (see § 367.2) in a holding company system must prepare and file electronically with the Commission the FERC Form No. 60 then in effect pursuant to the General Instructions set out in this form.

III. How to Submit Submit FERC Form No. 60 electronically through the Form No. 60 Submission Software. Retain one copy of each report for your files. For any resubmissions, submit the filing using the Form No. 60 Submission Software including a justification. Respondents must submit the Corporate Officer Certification electronically.

IV. When to Submit Submit FERC Form No. 60 according to the filing date contained § 18 CFR 369.1 of the Commissions regulations.

V. Preparation Prepare this report in conformity with the Uniform System of Accounts (18 CFR 367) (USof A). Interpret all accounting words and phrases in accordance with the USof A.

VI. Time Period This report covers the entire calendar year.

VII. Whole Dollar Usage Enter in whole numbers (dollars) only, except where otherwise noted. The amounts shown on all supporting pages must agree with the amounts entered on the statements that they support. When applying thresholds to determine significance for reporting purposes, use for balance sheet accounts the balances at the end of the current reporting period, and use for statement of income accounts the current year's amounts.

VIII. Accurateness Complete each question fully and accurately, even if it has been answered in a previous report. Enter the word "None" where it truly and completely states the fact.

IX. Applicability For any page(s) that is not applicable to the respondent, enter "NONE," or "Not Applicable" in column (c) on the List of Schedules, page 2.

i Document Accession #: 20210503-8019 Filed Date: 04/30/2021

X. Date Format Enter the month, day, and year for all dates. Use customary abbreviations. The "Resubmission Date" included in the header of each page is to be completed only for resubmissions (see III. above).

XI. Number Format Generally, except for certain schedules, all numbers, whether they are expected to be debits or credits, must be reported as positive. Numbers having a sign that is different from the expected sign must be reported by use of a minus sign.

XII. Required Entries Do not make references to reports of previous years or to other reports instead of required entries, except as specifically authorized.

XIII. Prior Year References Wherever (schedule) pages refer to figures from a previous year, the figures reported must be based upon those shown by the report of the previous year, or an appropriate explanation given as to why the different figures were used.

XIV. Where to Send Comments on Public Reporting Burden The public reporting burden for the Form No. 60 collection of information is estimated to average 75 hours8.680556e-4 days <br />0.0208 hours <br />1.240079e-4 weeks <br />2.85375e-5 months <br /> per response, including

the time for reviewing instructions, searching existing data sources,

gathering and maintaining the data-needed, and

completing and reviewing the collection of information.

Send comments regarding these burden estimates or any aspect of this collection of information, including suggestions for reducing burden, to:

Federal Energy Regulatory Commission, (Attention: Information Clearance Officer, CIO),

888 First Street NE, Washington, DC 20426 or by email to DataClearance@ferc.gov And to:

Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503 (Attention: Desk Office for the Federal Energy Regulatory Commission).

Comments to OMB should be submitted by email to: oira_submission@omb.eop.gov No person shall be subject to any penalty if any collection of information does not display a valid control number (44 U.S.C. 3512(a)).

DEFINITIONS I. Respondent -- The person, corporation, or other legal entity in whose behalf the report is made.

ii Document Accession #: 20210503-8019 Filed Date: 04/30/2021

FERC FORM NO. 60 ANNUAL REPORT FOR SERVICE COMPANIES gbellot@entergy.com 04/30/2021 Kimberly A. Fontan Sr. VP & Chief Accounting Officer Entergy Corporation DELAWARE

/ /

05/09/2000

/ /

11 This Report is:

(504) 576-6753 1340 Echelon Parkway, Jackson, MS 39213 639 Loyola Avenue, New Orleans, 70113 Sr. Lead Accountant Gina G. Bellott (1) An Original (2) A Resubmission Dec 31, Entergy Nuclear Operations, Inc.

X 2020 01 Exact Legal Name of Respondent IDENTIFICATION 05 Address of Principal Office at End of Year (Street, City, State, Zip Code) 06 Name of Contact Person 07 Title of Contact Person 08 Address of Contact Person I have examined this report and to the best of my knowledge, information, and belief all statements of fact contained in 03 Previous Name (If name changed during the year) 04 Date of Name Change this report are correct statements of the business affairs of the respondent and the financial statements, and other financial information contained in this report, conform in all material respects to the Uniform System of Accounts.

02 Year of Report

/ /

09 Telephone Number of Contact Person 12 Resubmission Date (Month, Day, Year) 13 Date of Incorporation 14 If Not Incorporated, Date of Organization CORPORATE OFFICER CERTIFICATION 15 State or Sovereign Power Under Which Incorporated or Organized 16 Name of Principal Holding Company Under Which Reporting Company is Organized:

17 Name of Signing Officer 18 Title of Signing Officer 20 Date Signed (Month, Day, Year) 19 Signature of Signing Officer Kimberly A. Fontan 10 E-mail Address of Contact Person The undersigned officer certifies that:

Page 1

FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

List of Schedules and Accounts Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Description (a)

1. Enter in Column (c) the terms None or Not Applicable as appropriate, where no information or amounts have been reported for certain pages.

Page Reference (b)

Remarks (c) 101-102 Schedule I - Comparative Balance Sheet 1

103 Schedule II - Service Company Property 2

104 Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property 3

105 Schedule IV - Investments 4

106 Schedule V - Accounts Receivable from Associate Companies 5

Not Applicable 107 Schedule VI - Fuel Stock Expenses Undistributed 6

Not Applicable 108 Schedule VII - Stores Expense Undistributed 7

109 Schedule VIII - Miscellaneous Current and Accrued Assets 8

110 Schedule IX - Miscellaneous Deferred Debits 9

Not Applicable 111 Schedule X - Research, Development, or Demonstration Expenditures 10 201 Schedule XI - Proprietary Capital 11 202 Schedule XII - Long-Term Debt 12 203 Schedule XIII - Current and Accrued Liabilities 13 204 Schedule XIV - Notes to Financial Statements 14 301-302 Schedule XV - Comparative Income Statement 15 303-306 Schedule XVI - Analysis of Charges for Service - Associate and Nonassociate Companies 16 307 Schedule XVII - Analysis of Billing - Associate Companies (Account 457) 17 Not Applicable 308 Schedule XVIII - Analysis of Billing - Non-Associate Companies (Account 458) 18 307 Schedule XIX - Miscellaneous General Expenses - Account 930.2 21 401 Schedule XX - Organization Chart 23 402 Schedule XXI - Methods of Allocation 24 Page 2 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule I - Comparative Balance Sheet Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Give balance sheet of the Company as of December 31 of the current and prior year.

As of Dec 31 Current (d)

Description (b)

As of Dec 31 Prior (e)

Reference Page No.

(c)

Service Company Property 1

19,079,437 19,209,726 101 2

103 Service Company Property 6,177,092 4,668,255 101.1 3

103 Property Under Capital Leases 128,144 106 4

Completed Construction Not Classified 2,268 123 107 5

103 Construction Work In Progress 25,386,941 23,878,104 6

Total Property (Total Of Lines 2-5) 8,919,485 9,321,325 108 7

104 Less: Accumulated Provision for Depreciation of Service Company Property 5,798,531 5,918,273 111 8

Less: Accumulated Provision for Amortization of Service Company Property 10,668,925 8,638,506 9

Net Service Company Property (Total of Lines 6-8)

Investments 10 123 11 105 Investment In Associate Companies 124 12 105 Other Investments 928,981,726 988,281,079 128 13 105 Other Special Funds 928,981,726 988,281,079 14 Total Investments (Total of Lines 11-13)

Current And Accrued Assets 15 75,817 207,676 131 16 Cash 134 17 Other Special Deposits 468,722 388,092 135 18 Working Funds 43,675,988 12,645,361 136 19 Temporary Cash Investments 55,163,773 90,163,773 141 20 Notes Receivable 142 21 Customer Accounts Receivable 951,562 960,274 143 22 Accounts Receivable 144 23 Less: Accumulated Provision for Uncollectible Accounts 56,046,803 38,168,385 146 24 106 Accounts Receivable From Associate Companies 152 25 107 Fuel Stock Expenses Undistributed 154 26 Materials And Supplies 163 27 108 Stores Expense Undistributed 1,244,088 485,854 165 28 Prepayments 171 29 Interest And Dividends Receivable 172 30 Rents Receivable 173 31 Accrued Revenues 122,385 174 32 Miscellaneous Current and Accrued Assets 175 33 109 Derivative Instrument Assets 176 34 Derivative Instrument Assets - Hedges 157,626,753 143,141,800 35 Total Current and Accrued Assets (Total of Lines 16-34)

Deferred Debits 36 181 37 Unamortized Debt Expense 182.3 38 Other Regulatory Assets 183 39 Preliminary Survey And Investigation Charges 184 40 Clearing Accounts 185 41 Temporary Facilities 19,346,400 19,867,017 186 42 Miscellaneous Deferred Debits 188 43 110 Research, Development, or Demonstration Expenditures 189 44 111 Unamortized loss on reacquired debt 389,472,252 378,112,104 190 45 Accumulated Deferred Income Taxes 408,818,652 397,979,121 46 Total Deferred Debits (Total of Lines 37-45) 1,506,096,056 1,538,040,506 47 TOTAL ASSETS AND OTHER DEBITS (TOTAL OF LINES 9, 14, 35 and 46)

Page FERC FORM NO. 60 (REVISED 12-07) 101 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule I - Comparative Balance Sheet (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

As of Dec 31 Current (d)

Description (b)

As of Dec 31 Prior (e)

Reference Page No.

(c)

Proprietary Capital 48 1,000 1,000 201 49 201 Common Stock Issued 204 50 201 Preferred Stock Issued

( 25,389,493)

( 42,339,493) 211 51 201 Miscellaneous Paid-In-Capital 215 52 201 Appropriated Retained Earnings 106,833,037 106,833,037 216 53 201 Unappropriated Retained Earnings

( 454,551,764)

( 444,663,607) 219 54 201 Accumulated Other Comprehensive Income

( 373,107,220)

( 380,169,063) 55 Total Proprietary Capital (Total of Lines 49-54)

Long-Term Debt 56 36,000,000 30,000,000 223 57 202 Advances From Associate Companies 224 58 202 Other Long-Term Debt 225 59 Unamortized Premium on Long-Term Debt 226 60 Less: Unamortized Discount on Long-Term Debt-Debit 36,000,000 30,000,000 61 Total Long-Term Debt (Total of Lines 57-60) 62 Other Non-current Liabilities 5,337,752 3,898,702 227 63 Obligations Under Capital Leases-Non-current 24,625 25,000 228.2 64 Accumulated Provision for Injuries and Damages 228,631,590 214,952,667 228.3 65 Accumulated Provision For Pensions and Benefits 230 66 Asset Retirement Obligations 233,993,967 218,876,369 67 Total Other Non-current Liabilities (Total of Lines 63-66)

Current and Accrued Liabilities 68 231 69 Notes Payable 162,036,535 165,727,602 232 70 Accounts Payable 233 71 203 Notes Payable to Associate Companies 2,363,308 2,503,225 234 72 203 Accounts Payable to Associate Companies 43,144,378 69,211,248 236 73 Taxes Accrued 100,000 700,000 237 74 Interest Accrued 852 445 241 75 Tax Collections Payable 17,141,682 13,368,777 242 76 203 Miscellaneous Current and Accrued Liabilities 898,725 904,308 243 77 Obligations Under Capital Leases - Current 244 78 Derivative Instrument Liabilities 245 79 Derivative Instrument Liabilities - Hedges 225,685,480 252,415,605 80 Total Current and Accrued Liabilities (Total of Lines 69-79)

Deferred Credits 81 1,366,030,869 1,415,126,225 253 82 Other Deferred Credits 254 83 Other Regulatory Liabilities 255 84 Accumulated Deferred Investment Tax Credits 257 85 Unamortized Gain on Reacquired Debt 1,316,498 337,789 282 86 Accumulated deferred income taxes-Other property 16,176,462 1,453,581 283 87 Accumulated deferred income taxes-Other 1,383,523,829 1,416,917,595 88 Total Deferred Credits (Total of Lines 82-87) 1,506,096,056 1,538,040,506 TOTAL LIABILITIES AND PROPRIETARY CAPITAL (TOTAL OF LINES 55, 61, 67, 80, AND 88) 89 Page FERC FORM NO. 60 (REVISED 12-07) 102 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 101 Line No.: 3 Column: d Includes operating leases recorded in accordance with FASB ASU No. 2016-02, Leases, as provided for in FERC Docket No. AI19-1-000. Refer to Note 3 of the Notes to the Financial Statements for further discussion.

Schedule Page: 101 Line No.: 20 Column: d The balances at December 31, 2020 and 2019 represents the balance in FERC account 145 - Notes Receivable-Associated Companies which is an account listed in 18 CFR Part 367 Uniform Sytem of Accounts for Centralized Service Companies but is not listed on the Comparative Balance Sheet as a separate line item.

Schedule Page: 101 Line No.: 49 Column: d The balances at December 31, 2020 and 2019 include the balance in FERC account 207 - Premium Capital Stock Common of $990 which is not an account listed in 18 CFR Part 367 Uniform System of Accounts for Centralized Service Companies.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule II - Service Company Property Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Acct (a)

1. Provide an explanation of Other Changes recorded in Column (f) considered material in a footnote.

2. Describe each construction work in progress on lines 18 through 30 in Column (b).

Balance at Beginning of Year (c)

Balance at End of Year (g)

Title of Account (b)

Additions (d)

Retirements or Sales (e)

Other Changes (f)

Organization 301 1

6,010,321 6,010,321 Miscellaneous Intangible Plant 303 2

Leasehold Improvements 306 3

Land and Land Rights 389 4

5,274,694 5,274,694 Structures and Improvements 390 5

6,812,750 2,145 6,810,605 Office Furniture and Equipment 391 6

52,752 52,752 Transportation Equipment 392 7

Stores equipment 393 8

Tools, Shop and Garage Equipment 394 9

Laboratory Equipment 395 10 Power Operated Equipment 396 11 504,711 504,711 Communications Equipment 397 12 554,498 554,498 Miscellaneous Equipment 398 13 Other Tangible Property 399 14 Asset Retirement Costs 399.1 15 19,209,726 2,145 19,207,581 Total Service Company Property (Total of Lines 1-15) 16 Construction Work in Progress:

107 17 123

( 2,145) 2,268 See footnote details 18 19 20 21 22 23 24 25 26 27 28 29 30 123

( 2,145)

Total Account 107 (Total of Lines 18-30) 31 19,209,849 2,145 Total (Lines 16 and Line 31) 32 Page 103 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 103 Line No.: 18 Column: c Other general and intangible plant.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Provide an explanation of Other Charges in Column (f) considered material in a footnote.

Balance at Beginning of Year (c)

Balance at Close of Year (g)

Description (b)

Additions Charged To Account 403-403.1 404-405 (d)

Retirements (e)

Other Changes Additions (Deductions)

(f)

Organization 301 1

Miscellaneous Intangible Plant 303 2

5,918,273 119,742 5,798,531 Leasehold Improvements 306 3

Land and Land Rights 389 4

Structures and Improvements 390 5

1,852,210 167,451 1,684,759 Office Furniture and Equipment 391 6

6,478,433 156,905 6,321,528 Transportation Equipment 392 7

43,958 10,550 33,408 Stores equipment 393 8

Tools, Shop and Garage Equipment 394 9

Laboratory Equipment 395 10 Power Operated Equipment 396 11 Communications Equipment 397 12 495,644 23,313 472,331 Miscellaneous Equipment 398 13 451,080 43,621 407,459 Other Tangible Property 399 14 Asset Retirement Costs 399.1 15 Total 16 15,239,598 521,582 14,718,016 Page 104 FERC FORM NO. 60 (NEW 12-05)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule IV - Investments Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. For other investments (Account 124) and other special funds (Account128), in a footnote state each investment separately, with description including the name of issuing company, number of shares held or principal investment amount.

2. For temporary cash investments (Account 136), list each investment separately in a footnote.

3. Investments less than $50,000 may be grouped, showing the number of items in each group.

Balance at Beginning of Year (c)

Title of Account (b)

Balance at Close of Year (d)

Investment In Associate Companies 123 1

Other Investments 124 2

Other Special Funds 988,281,079 928,981,726 128 3

Temporary Cash Investments 12,645,361 43,675,988 136 4

(Total of Lines 1-4) 1,000,926,440 972,657,714 5

Page 105 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 105 Line No.: 3 Column: c The balances at December 31, 2020 and 2019 represents the balance in the decommissioning trust fund and self-insurance.

Schedule Page: 105 Line No.: 4 Column: c The balances at December 31, 2020 and 2019 represents an investment in cash investors' money market fund - Federated Government Obligations Fund.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule V - Accounts Receivable from Associate Companies Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. List the accounts receivable from each associate company.

2. If the service company has provided accommodation or convenience payments for associate companies, provide in a separate footnote a listing of total payments for each associate company.

Balance at Beginning of Year (c)

Balance at Close of Year (d)

Title of Account (b)

Accounts Receivable From Associate Companies 146 1

Associate Company:

2 15,503,577 3,767,855 Entergy Nuclear Indian Point 2, LLC 3

13,463,462 14,934,646 Entergy Nuclear Indian Point 3, LLC 4

15,226,583 12,011,730 Entergy Nuclear Palisades, LLC 5

10,534 3,414 Entergy Nuclear Nebraska, LLC 6

184,352 708,243 Entergy Services, LLC 7

26,769 125,139 Entergy Operations, Inc.

8 292,731 318,641 TLG Services 9

7,534 2

Entergy Arkansas, LLC 10 274,602 Vermont Yankee Asset RTRMgt 11 4,937 1,430 Entergy Louisiana, LLC 12 2,311 18 Entergy Enterprises, Inc.

13 374,850 3,632,340 Entergy Amalgamated Competitive Holdings, LLC 14 7,320,802 706,063 Entergy Nuclear, Inc.

15 3,353,759 1,876,428 Entergy Nuclear Holding Corp LLC No 1 16 82,436 Entergy Assets Management Operations LLC 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 56,046,803 38,168,385 Total 40 Page 106 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule VI - Fuel Stock Expenses Undistributed Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. List the amount of labor in Column (c) and expenses in Column (d) incurred with respect to fuel stock expenses during the year and indicate amount attributable to each associate company.

2. In a separate footnote, describe in a narrative the fuel functions performed by the service company.

Labor (c)

Expenses (d)

Title of Account (b)

Total (e)

Fuel Stock Expenses Undistributed 152 1

Associate Company:

2 3

4 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total 40 Page 107 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule VII - Stores Expense Undistributed Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. List the amount of labor in Column (c) and expenses in Column (d) incurred with respect to stores expense during the year and indicate amount attributable to each associate company.

Labor (c)

Expenses (d)

Title of Account (b)

Total (e) 163 1

Stores Expense Undistributed 2

Associate Company:

3 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total 40 Page 108 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule VIII - Miscellaneous Current and Accrued Assets Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Provide detail of items in this account. Items less than $50,000 may be grouped, showing the number of items in each group.

Balance at Beginning of Year (c)

Balance at Close of Year (d)

Title of Account (b)

Miscellaneous Current and Accrued Assets 174 1

Item List:

2 122,385 3

Unbilled External Jobbing Orders 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 122,385 Total 40 Page 109 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule IX - Miscellaneous Deferred Debits Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Provide detail of items in this account. Items less than $50,000 may be grouped, showing the number of items in each group.

Balance at Beginning of Year (c)

Balance at Close of Year (d)

Title of Account (b)

Miscellaneous Deferred Debits 186 1

Items List:

2 3

Intercompany Benefits Receivable:

4 17,770,167 17,770,167 Indian Point 2 5

( 388,886)

Indian Point 3 6

7 1,951,099 2,478,855 System Benefits Costs 8

14,020 6,881 Other - 4 items for 2020 and 3 items for 2019 9

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 19,346,400 19,867,017 Total 40 Page 110 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Title of Account (b)

Schedule X - Research, Development, or Demonstration Expenditures Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Describe each material research, development, or demonstration project that incurred costs by the service corporation during the year. Items less than $50,000 may be grouped, showing the number of items in each group.

Amount (c)

Research, Development, or Demonstration Expenditures 188 1

Project List:

2 3

4 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total 40 Page 111 FERC FORM NO. 60 (NEW 12-05)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XI - Proprietary Capital Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. For miscellaneous paid-in capital (Account 211) and appropriate retained earnings (Account 215), classify amounts in each account, with a brief explanation, disclosing the general nature of transactions which give rise to the reported amounts.

2. For the unappropriated retained earnings (Account 216), in a footnote, give particulars concerning net income or (loss) during the year, distinguishing between compensation for the use of capital owed or net loss remaining from servicing nonassociates per the General Instructions of the Uniform System of Accounts. For dividends paid during the year in cash or otherwise, provide rate percentages, amount of dividend, date declared and date paid.

Description (c)

Amount (d)

Title of Account (b) 3,000 Number of Shares Authorized Common Stock Issued 201 1

0.01 Par or Stated Value per Share 2

1,000 Outstanding Number of Shares 3

10 Close of Period Amount 4

Number of Shares Authorized Preferred Stock Issued 5

Par or Stated Value per Share 6

Outstanding Number of Shares 7

Close of Period Amount 8

( 42,339,493)

Miscellaneous Paid-In Capital 211 9

Appropriated Retained Earnings 215 10

( 444,663,607)

Accumulated Other Comprehensive Income 219 11 106,833,037 Balance at Beginning of Year Unnappropriated Retained Earnings 216 12 Net Income or (Loss) 13 Dividend Paid 14 106,833,037 Balance at Close of Year 15 Page 201 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 201 Line No.: 9 Column: d Account 211 Balance at December 31, 2020 Equity adjustments for the federal tax allocation 6th Amendment

$42,624,000 Equity adjustment for an interest payment to State of Vermont related to Entergy Nuclear Holdings Company 458,512 Equity adjustment for tax accruals booked at Entergy Vermont Yankee Investment Company 1,216,981 Capital Contribution from Entergy Nuclear Holdings Company (1,960,000)

$42,339,493 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XII - Long Term Debt Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. For the advances from associate companies (Account 223), describe in a footnote the advances on notes and advances on open accounts. Names of associate companies from which advances were received shall be shown under the class and series of obligation in Column (c).

2. For the deductions in Column (h), please give an explanation in a footnote.

3. For other long-term debt (Account 224), list the name of the creditor company or organization in Column (b).

Term of Obligation Class & Series of Obligation (c)

Balance at Beginning of Year (g)

Title of Account (b)

Date of Maturity (d)

Interest Rate (e)

Amount Authorized (f)

Additions Deductions (h)

Balance at Close of Year (i)

Advances from Associate Companies 223 1

Associate Company:

2 Entergy Nuclear Indian Point 2, LLC

( 6,000,000) 12,000,000 3

6,000,000 Entergy Nuclear Indian Point 3, LLC 12,000,000 4

12,000,000 Entergy Nuclear Palisades, LLC 12,000,000 5

12,000,000 6

7 8

9 10 11 12 TOTAL

( 6,000,000) 36,000,000 13 30,000,000 Other Long-Term Debt 224 14 List Creditor:

15 16 17 18 19 20 21 22 23 24 25 26 27 TOTAL 28 Page 202 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 202 Line No.: 3 Column: h Repayment of advance.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XIII - Current and Accrued Liabilities Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Provide the balance of notes and accounts payable to each associate company (Accounts 233 and 234).

2. Give description and amount of miscellaneous current and accrued liabilities (Account 242). Items less than $50,000 may be grouped, showing the number of items in each group.

Balance at Beginning of Year (c)

Title of Account (b)

Balance at Close of Year (d)

Notes Payable to Associates Companies 233 1

2 3

4 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 21 22 23 2,503,225 2,363,308 Accounts Payable to Associate Companies 234 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 13,368,777 17,141,682 Miscellaneous Current and Accrued Liabilities 242 41 42 43 44 45 46 47 48 49 15,872,002 19,504,990 (Total) 50 Page 203 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 203 Line No.: 24 Column: d Account 234 - Accounts Payable to Associate Companies Balance at Balance at Beginning of Year Close of Year Entergy Corporation

$1,877,325

$1,861,484 Entergy Services, LLC 12,244 34,816 Entergy Nuclear Indian Point 3, LLC 7,649 Entergy FitzPatrick Prop, LLC 176,071 397,496 Entergy Operations, Inc.

262,033 89,097 Entergy Texas, Inc.

1 Entergy Enterprises, Inc.

27,985 120,332 Total Account 234

$2,363,308

$2,503,225 Schedule Page: 203 Line No.: 41 Column: d Account 242 - Miscellaneous Current and Accrued Liabilities Balance at Beginning of Year Balance at Close of Year Current Portion OPEB

$12,976,000

$9,830,000 Non-Qualified Pension 3,859,702 3,227,545 Accrued Claims 296,909 299,053 Lease accruals 9,071 12,179 Total Account 242

$17,141,682

$13,368,777 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.1

1. Use the space below for important notes regarding the financial statements or any account thereof.

2. Furnish particulars as to any significant contingent assets or liabilities existing at the end of the year.

3. Furnish particulars as to any significant increase in services rendered or expenses incurred during the year.

4. Furnish particulars as to any amounts recorded in Account 434, Extraordinary Income, or Account 435, Extraordinary Deductions.

5. Notes relating to financial statements shown elsewhere in this report may be indicated here by reference.

6. Describe the annual statement supplied to each associate service company in support of the amount of interest on borrowed capital and compensation for use of capital billed during the calendar year. State the basis for billing of interest to each associate company. If a ratio, describe in detail how ratio is computed. If more than one ratio explain the calculation. Report the amount of interest borrowed and/or compensation for use of capital billed to each associate company.

NOTE 1.

SUMMARY

OF SIGNIFICANT ACCOUNTING POLICIES Organization Entergy Nuclear Operations, Inc. (Entergy Nuclear Operations) is a nuclear management service company wholly owned by Entergy Corporation. Entergy Nuclear Operations has been authorized to act as an agent in the operations, but not ownership, of Indian Point 1 Electric Generating Station (IP1), Indian Point 2 Electric Generating Station (IP2),

Indian Point 3 Electric Generating Station (IP3), Palisades Nuclear Power Station, and the former Big Rock Point Nuclear Power Plant subject to oversight and direction by Entergy Nuclear Indian Point 2, LLC, Entergy Nuclear Indian Point 3, LLC, and Entergy Nuclear Palisades, LLC (collectively, the Companies), respectively. The Companies retain their ownership interests, associated capacity, and energy entitlements and pay directly or reimburse Entergy Nuclear Operations for the costs associated with the operation and maintenance of these units. Entergy Corporation entered into separate guarantee agreements with the Companies whereby Entergy Corporation guarantees the financial ability of Entergy Nuclear Operations to meet its various financial obligations to the Companies under the operating agreements, as long as the Companies continue to meet their payment obligations to Entergy Nuclear Operations under the applicable operating agreements.

Entergy Nuclear Operations previously was the nuclear management service company for the Vermont Yankee and Pilgrim nuclear plants. On December 29, 2014, the Vermont Yankee plant was removed from the grid, after 42 years of operations. In November 2016, Entergy entered into an agreement to sell 100% of its membership interest in Entergy Nuclear Vermont Yankee, LLC to a subsidiary of NorthStar. In October 2018 the NRC issued an order approving Entergy and NorthStars application to transfer Vermont Yankees license to NorthStar for decommissioning. In December 2018 the Vermont Public Utility Commission issued an order approving the transaction. On January 11, 2019, Entergy and NorthStar closed the transaction. As of January 11, 2019, Entergy no longer owns the Vermont Yankee nuclear plant or the nuclear decommissioning trust fund and obligations for spent fuel management and plant decommissioning.

In October 2015, Entergy determined that it would close the Pilgrim plant. Pilgrim ceased operations in May 2019. On July 30, 2018, Entergy entered into purchase and sale agreement with Holtec International to sell to a Holtec subsidiary 100% of the equity interests in Entergy Nuclear Generation Company, the owner of Pilgrim. On August 22, 2019 the NRC approved the transfer of Pilgrims facility licenses to Holtec. On August 26, 2019, Entergy and Holtec closed the transaction. As of August 26, 2019, Entergy no longer owns the Pilgrim nuclear plant or the nuclear decommissioning trust fund and obligation for spent fuel management and plant decommissioning.

For Palisades, most of its output is sold under a power purchase agreement (PPA) with Consumers Energy, entered into when the plant was acquired in 2007, that is scheduled to expire in 2022. Entergy intends to shut down the Palisades nuclear power plant permanently no later than May 31, 2022. Entergy Nuclear Operations will continue to serve as the nuclear management services provider for Palisades while it remains in operation. On July 30, 2018, Entergy entered into a purchase and sale agreement with Holtec International to sell to a Holtec subsidiary 100% of the equity interests in Entergy Nuclear Palisades, LLC, the owner of Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.2 Palisades and Big Rock Point.

Indian Point 2 ceased operations on April 30, 2020 and Indian Point 3 is expected to cease commercial operations by April 30, 2021, subject to certain conditions. Operations may be extended up to four additional years for each unit mutual agreement of Entergy and New York State based on an exigent reliability need for Indian Point generation. In September 2018, the NRC issued renewed operating licenses for Indian Point 2 through April 2024 and for Indian Point 3 through April 2025. Entergy Nuclear Operations will continue to serve as the nuclear management services provider for IP2 and IP3 while they remain in operation and after they cease operation. In April 2019, Entergy entered into an agreement to sell, directly or indirectly, 100% of the equity interests in the subsidiaries that own IP1, IP2, and IP3, after Indian Point 3 has been shut down and defueled, to a Holtec International subsidiary for decommissioning. The sale includes the transfer of the licenses, spent fuel, decommissioning liabilities, and nuclear decommissioning trusts for the three units. The transaction is subject to closing conditions, including approval from the NRC. The transaction closing is targeted for May 2021, following the defueling of Indian Point 3.

Entergy Nuclear Operations also serves as the nuclear management services provider for two non-operating nuclear facilities, Big Rock Point in Michigan and Indian Point 1 in New York, that were acquired when Entergy purchased the Palisades and Indian Point 2 nuclear plants, respectively. These facilities are in various stages of the decommissioning process. Big Rock Point is under contract to be sold with the Palisades plant and Indian Point 1 is under contract to be sold with the IP2 and IP3 plants. Entergy Nuclear Operations will continue to serve as the nuclear management services provider for those non-operating nuclear facilities while they are owned by Entergy.

System of Accounts Entergy Nuclear Operations maintains its accounting records using a system of accounts which is in accordance with the system prescribed by the Federal Energy Regulatory Commission. Certain reclassifications, which have no effect on net income or retained earnings, may be made to previously reported amounts to conform to current account classifications.

Use of Estimates in the Preparation of Financial Statements The preparation of Entergy Nuclear Operations financial statements requires management to make estimates and assumptions that affected the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as well as the reported amounts of revenues and expenses. Adjustments to the reported amounts of assets and liabilities may be necessary in the future to the extent that future estimates or actual results are different from the estimates used to prepare the financial statements presented in this Annual Report on Form 60.

Depreciation and Amortization Depreciation is computed on a straight-line basis at rates based on the estimated service lives of the various classes of property, which range from 5 to 32 years.

Income Taxes Accounting standards require that deferred income taxes be recorded for all temporary differences between the financial statement basis and tax basis of assets, liabilities, and loss carryforwards. Temporary differences are recorded based on enacted tax laws at tax rates that are expected to be in effect when the temporary differences reverse.

Entergy Nuclear Operations joins its parent and most of the other Entergy Corporation subsidiaries in filing a consolidated federal income tax return. Income taxes (or benefits) are allocated to Entergy Nuclear Operations in Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.3 proportion to its contribution to consolidated taxable income.

Cash and Cash Equivalents Entergy Nuclear Operations considers all unrestricted highly liquid debt instruments with an original maturity at acquisition of three months or less to be cash equivalents.

Fair Value Disclosure Entergy Nuclear Operations considers the carrying amounts of financial instruments classified as current assets and liabilities to be a reasonable estimate of their fair value because of the short maturity of these instruments.

NOTE 2. INCOME TAXES Deferred income tax assets (liabilities) are comprised of the following at December 31, 2020 and 2019 (in thousands):

2020 2019 Deferred Tax Assets:

NOL Carryforward

$19,873 Pension and benefits (OPEB) related items 169,067 170,705 Unitary State Taxes (610)

(1,941)

Contribution Carryforward 1,510 1,553 Credit Carryforward 246 166 Plant (460) 1,498 Nuclear decommissioning liabilities 206,679 191,156 Nuclear decommissioning trusts 3,762 Non-current accrued taxes Other 1,680 2,700 Total 378,112 389,472 Deferred Tax Liabilities:

Plant-related basis differences, net (48)

(1,026)

Nuclear decommissioning trusts (1,680)

(16,228)

Other (63)

(239)

Total (1,791)

(17,493)

Net Deferred Tax Assets

$376,321

$371,979 Entergy Nuclear Operations effective income tax rate was 100% in 2020 and 2019 compared to the current federal statutory income tax rate of 21%. The primary reason for the difference between the effective and statutory income tax rates is that Entergy Nuclear Operations collects revenue in an amount equal to offset expenses including income tax. The income tax benefit for 2020 and income tax expense for 2019 resulted primarily from uncertain tax positions, permanent differences between financial statement and tax accounting methods, and state income taxes.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.4 The provision for income tax expense (benefit) for the years ended December 31, 2020 and 2019 consisted of the following (in thousands):

2020 2019 Current:

Federal

$3,646

$3,757 State 1,988 Current Total

$3,646

$5,745 Deferred:

Federal

($5,617)

($5,118)

State (1,331) 113 Deferred Total

($6,948)

($5,005)

Total Income Tax Expense

($3,302)

$740 NOTE 3.

OPERATING LEASES Entergy implemented ASU 2016-02, Leases (Topic 842), effective January 1, 2019. The ASUs core principle is that a lessee should recognize the assets and liabilities that arise from leases. The ASU considers that all leases create an asset and a liability, and accordingly requires recording the assets and liabilities related to all leases with a term greater than 12 months. Concurrent with the implementation of ASU 2016-02, Entergy implemented ASU 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842, which provided Entergy the option to elect not to evaluate existing land easements that are not currently accounted for as leases under the previous lease standard, and ASU 2018-11, Leases (Topic 842): Targeted Improvements, which intended to simplify the transition requirement giving Entergy the option to apply the transition provisions of the new standard at the date of adoption instead of at the earliest comparative period. In implementing these ASUs, Entergy elected the options provided in both ASU 2018-01 and ASU 2018-11. This accounting was applied to all lease agreements using the modified retrospective method, which required an adjustment to retained earnings for the cumulative effect of adopting the standard as of the effective date, and when implemented with ASU 2018-11, allowed Entergy to recognize the leased assets and liabilities on its balance sheet beginning on January 1, 2019 without restating prior periods. In adopting the standard in January 2019, Entergy Nuclear Operations recognized right-of-use assets and corresponding lease liabilities totaling approximately $1.5 million. Implementation of the standards had no material effect on consolidated net income; therefore, no adjustment to retained earnings was recorded. The adoption of the standards had no effect on cash flows.

Entergy Nuclear Operations incurred the following total lease costs for the year ended December 31, 2020:

(In Thousands)

Operating lease cost

$1,001 Included within Property, Plant, and Equipment on Entergy Nuclear Operations consolidated balance sheet at December 31, 2020 are the following amounts:

(In Thousands)

Operating leases

$4,668 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.5 The following lease-related liabilities are recorded within the respective Other lines on Entergy Nuclear Operations consolidated balance sheet as of December 31, 2020:

(In Thousands)

Current liabilities:

Operating leases

$904 Non-current liabilities:

Operating leases

$3,899 The following information contains the weighted average remaining lease term in years and the weighted average discount rate for the operating and finance leases of Entergy Nuclear Operations at December 31, 2020:

Weighted average remaining lease terms:

Operating leases 5.97 Weighted average discount rate:

Operating leases 4.08%

As of December 31, 2020, Entergy Nuclear Operations had non-cancelable operating leases with future minimum rental commitments on building space, ground leases, and equipment as follows (in thousands):

Minimum Lease Payments 2021

$1,030 2022 872 2023 816 2024 816 2025 816 Years thereafter 1,020

$5,370 NOTE 4.

EMPLOYEE BENEFITS Stock-based Compensation Entergy Nuclear Operations participates in an Equity Ownership Plan, which grants stock options, restricted stock, performance units, and restricted stock units to certain key employees. Effective May 3, 2019, Entergys shareholders approved the 2019 Omnibus Incentive Plan (2019 Plan). The maximum number of common shares that can be issued from the 2019 Plan for stock-based awards is 7,300,000 all of which are available for incentive stock option grants. The 2019 Plan applies to awards granted on or after May 3, 2019 and awards expire ten years from the date of grant.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.6 As of December 31, 2020, there were 6,108,451 authorized shares remaining for stock-based awards. The costs of the stock options, restricted stock and performance units are charged to income over three years. The costs of the unrestricted stock unit awards are charged to income over the restricted period, which varies from grant to grant. Entergy Nuclear Operations costs for these awards including capitalized amounts were approximately $2.1 million for 2020 and approximately $1.7 million for 2019.

Defined Contribution Plans Employees of Entergy Nuclear Operations are also eligible to participate in the Savings Plans of Entergy Corporation and Subsidiaries (Savings Plans). The Savings Plans are defined contribution plans covering eligible employees of Entergy and its subsidiaries. The employing Entergy subsidiary makes matching contributions to the Savings Plans for all non-bargaining and certain bargaining employees to the System Savings Plans as defined in the Plan Documents. Entergy Nuclear Operations' contributions to the Savings Plans were $7.9 million in 2020 and $9.3 million in 2019.

Qualified Pension Plans and Other Postretirement Benefit Plans Entergy Nuclear Operations provides pension and retiree medical, dental, vision, and life insurance benefits (other postretirement benefits) for eligible retired employees. Substantially all employees may become eligible for these benefits if they reach retirement age while working for Entergy Nuclear Operations.

Eligible employees of Entergy Nuclear Operations can participate in six defined benefit qualified pension plans.

The Entergy Corporation Retirement Plan II for Non-Bargaining Employees, the Entergy Corporation Retirement Plan II for Bargaining Employees, the Entergy Corporation Retirement Plan III, and the Entergy Corporation Retirement Plan IV for Bargaining Employees are non-contributory final average pay plans and provide pension benefits that are based on employees credited service and compensation during employment. Non-bargaining employees whose most recent date of hire is after June 30, 2014 but before January 1, 2021 participate in the Entergy Corporation Cash Balance Plan for Non-Bargaining Employees. Certain bargaining employees hired or rehired after June 30, 2014, or such later date provided for in their applicable collective bargaining agreements, participate in the Entergy Corporation Cash Balance Plan for Bargaining Employees.

The assets of the final average pay defined benefit qualified pension plans are held in a master trust established by Entergy Corporation and the assets of the cash balance pension plans are held in a second master trust established by Entergy Corporation. Each pension plan has an undivided beneficial interest in each of the investment accounts in its respective master trust that is maintained by a trustee. Use of the master trusts permits the commingling of the trust assets of the pension plans for investment and administrative purposes. Although assets in the master trusts are commingled, the trustee maintains supporting records for the purpose of allocating the trust level equity in net earnings (loss) and the administrative expenses of the investment accounts in each trust to the various participating pension plans in that particular trust. The fair value of the trusts assets is determined by the trustee and certain investment managers.

For each trust, the trustee calculates a daily earnings factor, including realized and unrealized gains or losses, collected and accrued income, and administrative expenses, and allocates earnings to each plan in the master trusts on a pro rata basis.

Within each pension plan, Entergy Nuclear Operations beneficial interest in the plan assets is maintained by the plan's actuary and is updated quarterly. Assets are increased for investment net income and contributions, and are decreased for benefit payments. A plans investment net income/loss (i.e. interest and dividends, realized and unrealized gains and losses and expenses) is allocated to Entergy Nuclear Operations based on the value of assets at the beginning of the quarter adjusted for contributions and benefit payments made during the quarter.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.7 Entergy Nuclear Operations funds pension plans in an amount not less than the minimum required contribution under the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. The assets of the plans include common and preferred stocks, fixed-income securities, interest in a money market fund, and insurance contracts.

Other postretirement assets are in master trusts, established by Entergy Corporation and maintained by a trustee.

Entergy Nuclear Operations holds a beneficial interest in the trusts assets. The assets in the master trusts are commingled for investment and administrative purposes. Although assets are commingled, supporting records are maintained for the purpose of allocating the beneficial interest in net earnings/(losses) and the administrative expenses of the investment accounts to the various participating plans and participating Entergy companies. Beneficial interest in an investment accounts net income/(loss) is comprised of interest and dividends, realized and unrealized gains and losses, and expenses. Beneficial interest from these investments is allocated to the plans and participating Entergy companies based on their portion of net assets in the pooled accounts.

In March 2020, Entergy announced changes to its other postretirement benefits. Effective January 1, 2021, certain retired, former non-bargaining employees age 65 and older who are eligible for Entergy-sponsored retiree welfare benefits, and their eligible spouses who are age 65 and older (collectively, Medicare-eligible participants), will be eligible to participate in a new Entergy-sponsored retiree health plan, and will no longer be eligible for retiree coverage under the Entergy Corporation Companies Benefits Plus Medical, Dental and Vision Plans. Under the new Entergy retiree health plan, Medicare-eligible participants will be eligible to participate in a health reimbursement arrangement which they may use towards the purchase of various types of qualified insurance offered through a Medicare exchange provider and for other qualified medical expenses. In accordance with accounting standards, the effects of this change were reflected in the March 31, 2020 other postretirement obligation. The changes affecting active bargaining unit employees will be negotiated with the unions prior to implementation, where necessary, and to the extent required by law.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.8 Components of Qualified Net Pension Cost and Other Postretirement Cost and Other Amounts Recognized as Accumulated Other Comprehensive Income (AOCI)

Entergy Nuclear Operations qualified pension and other postretirement costs, including capitalized amounts, included the following components:

Qualified Pension Other Postretirement Benefits 2020 2019 2020 2019 Net periodic pension and other postretirement costs Service cost

$24,124

$24,378

$2,922

$2,942 Interest cost 55,133 65,400 5,630 9,270 Expected return on assets (99,121) (94,741)

(626)

(652)

Amortization of prior service credit

- (11,549) (11,006)

Recognized net (gain)/loss 93,561 72,515 723 (777)

Settlement charges 23,449 Net periodic pension and other postretirement (income)/costs

$73,697 $91,001 ($2,900)

($223)

Other changes in plan assets and benefit obligations recognized as AOCI (before tax)

Arising this period:

Prior service credit for period

$- ($36,815)

Net loss 86,529 95,909 23,684 10,007 Amounts reclassified from AOCI to net periodic benefit cost in the current year:

Amortization of prior service credit 11,549 11,006 Amortization of net (gain)/loss (96,380)

(72,515)

(723) 777 Settlement charges

- (23,449)

Total

($9,851)

($55)

($2,305)

$21,790 Total recognized as net periodic benefit cost and/or AOCI (before tax)

$63,846

$90,946

($5,205) $21,567 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.9 Qualified Pension and Other Postretirement Obligations, Plan Assets, Funded Status, Amounts Recognized in the Balance Sheet The qualified pension and other postretirement benefit obligations, plan assets, funded status and amounts recognized in the balance sheet for Entergy Nuclear Operations as of December 31, 2020 and 2019 were as follows:

Qualified Pension Other Postretirement Benefits 2020 2019 2020 2019 (In Thousands)

Change in Projected Benefit Obligation (PBO)/Accumulated Postretirement Obligation (APBO)

Balance at beginning of year

$1,895,148

$1,685,306

$246,697

$238,025 Service cost 24,124 24,378 2,922 2,942 Interest cost 55,133 65,400 5,630 9,270 Plan amendments (36,815)

Settlement lump sum payments (68,081)

Employee contributions 6,815 6,505 Actuarial loss 206,133 256,008 24,218 11,095 Benefits paid (84,508)

(67,863)

(22,319)

(21,349)

Medicare Part D subsidy received 85 209 Balance at end of year

$2,096,030 $1,895,148

$227,233

$246,697 Change in Plan Assets Fair value of assets at beginning of year

$1,472,673

$1,234,957

$11,814

$11,584 Actual return on plan assets 218,725 254,840 1,160 1,740 Employer contributions 75,317 118,820 13,280 13,334 Employee contributions 6,815 6,505 Settlement lump sum payments (68,081)

Benefits paid (84,508)

(67,863)

(22,319)

(21,349)

Fair value of assets at end of year

$1,682,207

$1,472,673

$10,750

$11,814 Funded status

($413,823)

($422,475)

($216,483)

($234,883)

Amounts recognized in the balance sheet Current liabilities

($9,830)

($12,976)

Non-current liabilities (413,823)

(422,475)

(206,653)

(221,907)

Funded status

($413,823)

($422,475)

($216,483)

($234,883)

Amounts recognized in OCI (before tax)

Prior service credit

($41,579)

($16,314)

Net (gain)/loss 576,893 583,925 22,563 (399)

$576,893

$583,925

($19,016)

($16,713)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.10 Accumulated Qualified Pension Benefit Obligation The accumulated qualified pension benefit obligation for Entergy Nuclear Operations as of December 31, 2020 and 2019 was $2 billion and $1.8 billion, respectively.

Non-Qualified Pension Plans Entergy Nuclear Operations also sponsors non-qualified, non-contributory defined benefit pension plans that provide benefits to certain executives. Entergy Nuclear Operations recognized net periodic pension cost of $1.9 million in 2020 and $1.9 million in 2019. Included in the 2019 net periodic pension cost are settlement charges of $227 thousand. The projected benefit obligation was $11.7 million and $16.4 million as of December 31, 2020 and 2019, respectively. The accumulated benefit obligation was $11.2 million and $15.3 million as of December 31, 2020 and 2019, respectively.

Entergy Nuclear Operations non-qualified, non-current liability at December 31, 2020 and 2019 was $8.5 million and $12.5 million, respectively; and its current liability was $3.2 million and $3.9 million, respectively. The prior service cost and net loss recognized in accumulated other comprehensive income before taxes was $5 million at December 31, 2020 and $8.2 million at December 31, 2019.

Reclassification out of Accumulated Other Comprehensive Income Entergy Nuclear Operations reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) as of December 31, 2020:

Qualified Pension Costs Other Postretirement Costs Non-Qualified Pension Costs Total (In Thousands)

Amortization of prior service cost

$11,549

($130)

$11,419 Amortization of loss (93,561)

(723)

(1,157)

(95,441)

($93,561)

$10,826

($1,287)

($84,022)

Entergy Nuclear Operations reclassified the following costs out of accumulated other comprehensive income (before taxes and including amounts capitalized) as of December 31, 2019:

Qualified Pension Costs Other Postretirement Costs Non-Qualified Pension Costs Total (In Thousands)

Amortization of prior service cost

$11,006

($119)

$10,887 Amortization of loss (72,515) 777 (775)

(72,513)

Settlement loss (23,449)

(227)

(23,676)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.11

($95,964)

$11,783

($1,121)

($85,302)

Accounting for Pension and Other Postretirement Benefits Accounting standards require an employer to recognize on its balance sheet the funded status of its benefit plans.

This is measured as the difference between plan assets at fair value and the benefit obligation. Entergy Nuclear Operations uses a December 31 measurement date for its pension and other postretirement plans. Employers are to record previously unrecognized gains and losses, prior service costs, and the remaining transition asset or obligation (that resulted from adopting prior pension and other postretirement benefits accounting standards) as comprehensive income.

Accounting standards also require that changes in the funded status be recorded as other comprehensive income in the period in which the changes occur.

With regard to pension and other postretirement costs, Entergy Nuclear Operations calculates the expected return on pension and other postretirement benefit plan assets by multiplying the long term expected rate of return on assets by the market-related value (MRV) of plan assets. In general, Entergy Nuclear Operations determines the MRV of its pension plan assets by calculating a value that uses a 20-quarter phase-in of the difference between actual and expected return and for its other postretirement benefit plan assets Entergy Nuclear Operations generally uses fair value.

Qualified Pension and Other Postretirement Plans' Assets The Plan Administrators trust asset investment strategy is to invest the assets in a manner whereby long-term earnings on the assets (plus cash contributions) provide adequate funding for retiree benefit payments. The mix of assets is based on an optimization study that identifies asset allocation targets in order to achieve the maximum return for an acceptable level of risk, while minimizing the expected contributions and pension and postretirement expense.

In the optimization studies, the Plan Administrator formulates assumptions about characteristics, such as expected asset class investment returns, volatility (risk), and correlation coefficients among the various asset classes. The future market assumptions used in the optimization study are determined by examining historical market characteristics of the various asset classes and making adjustments to reflect future conditions expected to prevail over the study period.

The target asset allocation for pension adjusts dynamically based on the pension plans funded status. The current targets are shown below. The expectation is that the allocation to fixed income securities will increase as the pension plans funded status increases. The following ranges were established to produce an acceptable, economically efficient plan to manage around the targets.

For postretirement assets the target and range asset allocations (as shown below) reflect recommendations made in the latest optimization study. The target asset allocations for postretirement assets adjust dynamically based on the funded status of each sub-account within each trust. The current weighted average targets shown below represent the aggregate of all targets for all sub-accounts within all trusts.

Entergy Nuclear Operations qualified pension and postretirement weighted-average asset allocations by asset category at December 31, 2020 and 2019 and the target asset allocation and ranges are as follows:

Pension Asset Allocation Target Range Actual 2020 Actual 2019 Domestic Equity Securities 39%

32%

to 46%

38%

39%

International Equity Securities 19%

15%

to 23%

19%

Fixed Income Securities 42%

39%

to 45%

42%

41%

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.12 Other 0%

0%

to 10%

1%

Postretirement Asset Allocation Non-Taxable and Taxable Target Range Actual 2020 Actual 2019 Domestic Equity Securities 26%

21%

to 31%

29%

International Equity Securities 18%

13%

to 23%

18%

Fixed Income Securities 56%

51%

to 61%

53%

Other 0%

0%

to 5%

0%

In determining its expected long term rate of return on plan assets used in the calculation of benefit plan costs, Entergy Nuclear Operations reviews past performance, current and expected future asset allocations, and capital market assumptions of its investment consultant and some investment managers.

The expected long-term rate of return for the qualified pension plans assets is based primarily on the geometric average of the historical annual performance of a representative portfolio weighted by the target asset allocation defined in the table above, along with other indications of expected return on assets. The time period reflected is a long dated period spanning several decades.

The expected long-term rate of return for the non-taxable postretirement trust assets is determined using the same methodology described above for pension assets, but the aggregate asset allocation specific to the non-taxable postretirement assets is used.

For the taxable postretirement trust assets, the investment allocation includes tax-exempt fixed income securities. This asset allocation, in combination with the same methodology employed to determine the expected return for other postretirement assets (as described above), and with a modification to reflect applicable taxes, is used to produce the expected long-term rate of return for taxable postretirement trust assets.

Concentrations of Credit Risk Entergy Nuclear Operations investment guidelines mandate the avoidance of risk concentrations. Types of concentrations specified to be avoided include, but are not limited to, investment concentrations in a single entity, type of industry, foreign country, geographic area and individual security issuance. As of December 31, 2020, all investment managers and assets were materially in compliance with the approved investment guidelines, therefore there were no significant concentrations (defined as greater than 10 percent of plan assets) of risk in Entergy Nuclear Operations pension and other postretirement benefit plan assets.

Fair Value Measurements Accounting standards provide the framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

The three levels of the fair value hierarchy are described below:

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.13 Level 1 - Level 1 inputs are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access at the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 - Level 2 inputs are inputs other than quoted prices included in Level 1 that are, either directly or indirectly, observable for the asset or liability at the measurement date. Assets are valued based on prices derived by an independent party that uses inputs such as benchmark yields, reported trades, broker/dealer quotes, and issuer spreads. Prices are reviewed and can be challenged with the independent parties and/or overridden if it is believed such would be more reflective of fair value. Level 2 inputs include the following:

- quoted prices for similar assets or liabilities in active markets;

- quoted prices for identical assets or liabilities in inactive markets;

- inputs other than quoted prices that are observable for the asset or liability; or

- inputs that are derived principally from or corroborated by observable market data by correlation or other means.

If an asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.

Level 3 - Level 3 refers to securities valued based on significant unobservable inputs.

Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following tables set forth by level within the fair value hierarchy, measured at fair value on a recurring basis at December 31, 2020 and December 31, 2019, a summary of the investments held in the master trusts for Entergys qualified pension and other postretirement plans in which the Registrant Subsidiaries participate.

Qualified Defined Benefit Pension Plan Trusts 2020 Level 1 Level 2 Level 3 Total (In Thousands)

Equity securities:

Corporate stocks:

Preferred

$15,756 (b)

$15,756 Common 1,031,213 (b)

(b) 1,031,213 Common collective trusts (c) 2,958,767 Registered investment companies (d)

Fixed income securities:

U.S. Government securities 731,319 (a) 731,319 Corporate debt instruments 1,029,370 (a) 1,029,370 Registered investment companies (e) 81,800 (d) 3,076 (d) 1,128,107 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.14 Other 156 (f) 56,323 (f) 56,479 Other:

Insurance company general account (unallocated contracts) 6,253 (g) 6,253 Total investments

$1,128,925

$1,826,341

$6,957,264 Cash 2,316 Other pending transactions (29,121)

Less: Other postretirement assets included in total investments (76,033)

Total fair value of qualified pension assets

$6,854,426 2019 Level 1 Level 2 Level 3 Total (In Thousands)

Equity securities:

Corporate stocks:

Preferred

$10,379 (b)

$10,379 Common 857,159 (b)

(b) 857,159 Common collective trusts (c) 2,698,697 Registered investment companies 132,389 (d) 132,389 Fixed income securities:

U.S. Government securities (b) 805,671 (a) 805,671 Corporate debt instruments 762,577 (a) 762,577 Registered investment companies (e) 53,842 (d) 2,903 (d) 1,008,371 Other 73 (f) 43,106 (f) 43,179 Other:

Insurance company general account (unallocated contracts) 40,452 (g) 40,452 Total investments

$1,053,842

$1,654,709

$6,358,874 Cash 1,407 Other pending transactions (22,549)

Less: Other postretirement assets included in total investments (66,572)

Total fair value of qualified pension assets

$6,271,160 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.15 Other Postretirement Trusts 2020 Level 1 Level 2 Level 3 Total (In Thousands)

Equity securities:

Common collective trust (c)

$315,191 Fixed income securities:

U.S. Government securities 46,498 (b) 97,604 (a) 144,102 Corporate debt instruments 147,287 (a) 147,287 Registered investment companies 16,965 (d) 16,965 Other 60,219 (f) 60,219 Total investments

$63,463

$305,110

$683,764 Other pending transactions (21,931)

Plus: Other postretirement assets included in the investments of the qualified pension trust 76,033 Total fair value of other postretirement assets

$737,866 2019 Level 1 Level 2 Level 3 Total (In Thousands)

Equity securities:

Common collective trust (c)

$289,398 Fixed income securities:

U.S. Government securities 49,930 (b) 89,297 (a) 139,227 Corporate debt instruments 130,333 (a) 130,333 Registered investment companies 1,877 (d) 1,877 Other 57,210 (f) 57,210 Total investments

$51,807

$276,840

$618,045 Other pending transactions 1,645 Plus: Other postretirement assets included in the investments of the qualified pension trust 66,572 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.16 Total fair value of other postretirement assets

$686,262 (a)

Certain preferred stocks and certain fixed income debt securities (corporate, government, and securitized) are stated at fair value as determined by broker quotes.

(b)

Common stocks, certain preferred stocks, and certain fixed income debt securities (government) are stated at fair value determined by quoted market prices.

(c)

The common collective trusts hold investments in accordance with stated objectives. The investment strategy of the trusts is to capture the growth potential of equity markets by replicating the performance of a specified index. Net asset value per share of common collective trusts estimate fair value. Certain of these common collective trusts 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, but are included in the total.

(d)

Registered investment companies are money market mutual funds with a stable net asset value of one dollar per share. Registered investment companies may hold investments in domestic and international bond markets or domestic equities and estimate fair value using net asset value per share.

(e)

Certain of these registered investment companies 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, but are included in the total.

(f)

The other remaining assets are U.S. municipal and foreign government bonds stated at fair value as determined by broker quotes.

(g)

The unallocated insurance contract investments are recorded at contract value, which approximates fair value. The contract value represents contributions made under the contract, plus interest, less funds used to pay benefits and contract expenses, and less distributions to the master trust.

Estimated Future Benefit Payments Based upon the assumptions used to measure Entergy Nuclear Operations pension and postretirement benefit obligation at December 31, 2020, and including pension and postretirement benefits attributable to estimated future employee service, Entergy Nuclear Operations expects that pension and other postretirement benefits to be paid and the Medicare Part D subsidies to be received over the next ten years are as follows (in thousands):

Year(s)

Qualified Pension Non-Qualified Pension Other Postretirement (before Medicare Subsidy)

Estimated Future Medicare Subsidy Receipts Year(s) 2021

$91,024

$3,228

$12,403

$29 2022

$92,294

$873

$12,332

$16 2023

$100,841

$884

$12,913

$20 2024

$114,486

$958

$12,940

$23 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.17 2025

$98,888

$775

$12,511

$27 2026-2030

$518,524

$3,807

$57,522

$182 Contributions In 2021, Entergy Nuclear Operations expects to contribute approximately $82.5 million to the qualified pension plans and $9.9 million to the other postretirement plans.

Actuarial Assumptions The significant actuarial assumptions used in determining the pension PBO and the other postretirement benefit APBO as of December 31, 2020 and 2019 were as follows:

2020 2019 Weighted-average discount rate:

Qualified pension 2.60% - 2.83%

3.26% - 3.43%

Other postretirement:

Service cost 3.27%

4.62%

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XIV-Notes to Financial Statements FERC FORM 60 (NEW 12-05) 204.18 Interest cost 2.41%

4.01%

Non-qualified pension:

Service cost 2.71%

3.94%

Interest cost 2.25%

3.46%

Weighted-average rate of increase in future compensation levels 3.98% - 4.40%

3.98%

Expected long-term rate of return on plan assets:

Pension assets 7.00%

7.25%

Other postretirement non-taxable assets 6.25% - 7.00%

6.50% - 7.25%

Other postretirement taxable assets 5.25%

5.50%

Assumed health care trend rate:

Pre-65 6.13%

6.59%

Post-65 6.25%

7.15%

Ultimate rate 4.75%

4.75%

Year ultimate rate is reached and beyond:

Pre-65 2027 2027 Post-65 2027 2026 With respect to the mortality assumptions, Entergy used the Pri-2012 Employee and Healthy Annuitant Tables with a fully generational MP-2020 projection scale, in determining its December 31, 2020 pension plans PBOs and the Pri.H 2012 (headcount weighted) Employee and Healthy Annuitant Tables with a fully generational MP-2020 projection scale, in determining its December 31, 2020 other postretirement benefit APBO. Entergy used the Pri-2012 Employee and Healthy Annuitant Tables with a fully generational MP-2019 projection scale, in determining its December 31, 2019 pension plans PBOs and the Pri.H 2012 (headcount weighted) Employee and Healthy Annuitant Tables with a fully generational MP-2019 projection scale, in determining its December 31, 2019 other postretirement benefit APBO.

NOTE 5.

TRANSACTIONS WITH AFFILIATES Entergy Nuclear Operations is on a full cost reimbursement basis for the Companies in which they act as an agent for. Refer to Schedule XVII for the amounts Entergy Nuclear Operations, Inc. billed to associated companies. In addition, Entergy Nuclear Operations occasionally receives technical and consulting services and other assistance from Entergy Services, LLC and Entergy Operations, Inc. at cost plus a 5% surcharge.

NOTE 6.

OTHER DEFERRED CREDITS Other deferred credits (Account 253) consist principally of pension and postretirement benefit liabilities and a nuclear decommissioning trust liability for Indian Point 3 in both 2020 and 2019.

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XV-Comparative Income Statement Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Current Year (c)

Title of Account (b)

Prior Year (d)

SERVICE COMPANY OPERATING REVENUES 1

550,261,846 426,568,477 Service Company Operating Revenues 400 2

SERVICE COMPANY OPERATING EXPENSES 3

437,386,351 313,910,967 Operation Expenses 401 4

62,839,240 43,985,281 Maintenance Expenses 402 5

414,893 401,840 Depreciation Expenses 403 6

Depreciation Expense for Asset Retirement Costs 403.1 7

202,781 119,742 Amortization of Limited-Term Property 404 8

Amortization of Other Property 405 9

Regulatory Debits 407.3 10 Regulatory Credits 407.4 11 11,607,597 21,097,131 Taxes Other Than Income Taxes, Operating Income 408.1 12 5,744,835 3,646,170 Income Taxes, Operating Income 409.1 13 93,766,731 107,868,590 Provision for Deferred Income Taxes, Operating Income 410.1 14

( 98,771,470)

( 114,816,453)

Provision for Deferred Income Taxes - Credit, Operating Income 411.1 15 Investment Tax Credit, Service Company Property 411.4 16 Gains from Disposition of Service Company Plant 411.6 17 Losses from Disposition of Service Company Plant 411.7 18 Accretion Expense 411.10 19 36,855,836 47,610,147 Costs and Expenses of Construction or Other Services 412 20 Costs and Expenses of Merchandising, Jobbing, and Contract Work 416 21 550,046,794 423,823,415 TOTAL SERVICE COMPANY OPERATING EXPENSES (Total of Lines 4-21) 22 215,052 2,745,062 NET SERVICE COMPANY OPERATING INCOME (Total of Lines 2 less 22) 23 OTHER INCOME 24 Equity in Earnings of Subsidiary Companies 418.1 25 153,486,032 62,655,564 Interest and Dividend Income 419 26 Allowance for Other Funds Used During Construction 419.1 27

( 146,751,838)

( 59,021,074)

Miscellaneous Income or Loss 421 28 Gain on Disposition of Property 421.1 29 6,734,194 3,634,490 TOTAL OTHER INCOME (Total of Lines 25-29) 30 OTHER INCOME DEDUCTIONS 31 Loss on Disposition of Property 421.2 32 Miscellaneous Amortization 425 33 1,453,036 1,205,119 Donations 426.1 34 Life Insurance 426.2 35 Penalties 426.3 36 5,490,368 4,574,433 Expenditures for Certain Civic, Political and Related Activities 426.4 37 Other Deductions 426.5 38 6,943,404 5,779,552 TOTAL OTHER INCOME DEDUCTIONS (Total of Lines 32-38) 39 TAXES APPLICABLE TO OTHER INCOME AND DEDUCTIONS 40 Page 301 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XV-Comparative Income Statement (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Current Year (c)

Title of Account (b)

Prior Year (d)

Taxes Other Than Income Taxes, Other Income and Deductions 408.2 41 Income Taxes, Other Income and Deductions 409.2 42 Provision for Deferred Income Taxes, Other Income and Deductions 410.2 43 Provision for Deferred Income Taxes - Credit, Other Income and Deductions 411.2 44 Investment Tax Credit, Other Income Deductions 411.5 45 TOTAL TAXES APPLICABLE TO OTHER INCOME AND DEDUCTIONS (Total of Lines 41-45) 46 INTEREST CHARGES 47 Interest on Long-Term Debt 427 48 Amortization of Debt Discount and Expense 428 49 (less) Amortization of Premium on Debt-Credit 429 50 Interest on Debt to Associate Companies 430 51 5,842 600,000 Other Interest Expense 431 52 (less) Allowance for Borrowed Funds Used During Construction-Credit 432 53 5,842 600,000 TOTAL INTEREST CHARGES (Total of Lines 48-53) 54 NET INCOME BEFORE EXTRAORDINARY ITEMS (Total of Lines 23, 30, minus 39, 46, and 54) 55 EXTRAORDINARY ITEMS 56 Extraordinary Income 434 57 (less) Extraordinary Deductions 435 58 Net Extraordinary Items (Line 57 less Line 58) 59 (less) Income Taxes, Extraordinary 409.4 60 Extraordinary Items After Taxes (Line 59 less Line 60) 61 NET INCOME OR LOSS/COST OF SERVICE (Total of Lines 55-61) 62 Page 302 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 301 Line No.: 20 Column: c Account 412 includes the costs incurred by the service company that are billed to affiliates as capital project costs or to other balance sheet accounts. 2020 and 2019 costs include the following:

Account Balances at December 31, 2020 2019 Capital Costs

$17,130,591

$26,029,015 Other Balance Sheet Accounts 30,479,556 10,826,821

$47,610,147

$36,855,836 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

1. Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.

Associate Company Direct Cost (c)

Nonassociate Company Indirect Cost (g)

Title of Account (b)

Associate Company Indirect Cost (d)

Associate Company Total Cost (e)

Nonassociate Company Direct Cost (f)

Nonassociate Company Total Cost (h) 401,840 401,840 Depreciation Expense 403-403.1 1

119,742 119,742 Amortization Expense 404-405 2

Regulatory Debits/Credits - Net 407.3-407.4 3

21,097,131 361,377 20,735,754 Taxes Other Than Income Taxes 408.1-408.2 4

3,646,170 3,646,170 Income Taxes 409.1-409.3 5

107,868,590 107,868,590 Provision for Deferred Taxes 410.1-411.2 6

114,816,453 114,816,453 Provision for Deferred Taxes - Credit 411.1-411.2 7

Gain from Disposition of Service Company Plant 411.6 8

Losses from Disposition of Service Company Plant 411.7 9

Investment Tax Credit Adjustment 411.4-411.5 10 Accretion Expense 411.10 11 47,610,147 3,457,035 44,153,112 Costs and Expenses of Construction or Other Services 412 12 Costs and Expenses of Merchandising, Jobbing, and Contract Work for Associated Companies 416 13 Non-operating Rental Income 418 14 Equity in Earnings of Subsidiary Companies 418.1 15 62,655,564 3,356,211 59,299,353 Interest and Dividend Income 419 16 Allowance for Other Funds Used During Construction 419.1 17

( 59,021,074)

Miscellaneous Income or Loss 421 18 Gain on Disposition of Property 421.1 19 Loss on Disposition Of Property 421.2 20 Miscellaneous Amortization 425 21 1,205,119 1,205,119 Donations 426.1 22 Life Insurance 426.2 23 Penalties 426.3 24 4,574,433 2,442,831 2,131,602 Expenditures for Certain Civic, Political and Related Activities 426.4 25 Other Deductions 426.5 26 Interest On Long-Term Debt 427 27 Amortization of Debt Discount and Expense 428 28 Amortization of Premium on Debt - Credit 429 29 Interest on Debt to Associate Companies 430 30 600,000 600,000 Other Interest Expense 431 31 Allowance for Borrowed Funds Used During Construction 432 32 Total Steam Power Generation Operation Expenses 500-509 33 Total Steam Power Generation Maintenance Expenses 510-515 34 Page 303 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Associate Company Direct Cost (c)

Nonassociate Company Indirect Cost (g)

Title of Account (b)

Associate Company Indirect Cost (d)

Associate Company Total Cost (e)

Nonassociate Company Direct Cost (f)

Nonassociate Company Total Cost (h) 209,911,256 5,413,724 204,497,532 Total Nuclear Power Generation Operation Expenses 517-525 35 43,981,260 1,022,569 42,958,691 Total Nuclear Power Generation Maintenance Expenses 528-532 36 Total Hydraulic Power Generation Operation Expenses 535-540.1 37 Total Hydraulic Power Generation Maintenance Expenses 541-545.1 38 39,929 39,929 Total Other Power Generation Operation Expenses 546-550.1 39 Total Other Power Generation Maintenance Expenses 551-554.1 40 Total Other Power Supply Operation Expenses 555-557 41 2,112 2,112 Operation Supervision and Engineering 560 42 Load Dispatch-Reliability 561.1 43 Load Dispatch-Monitor and Operate Transmission System 561.2 44 Load Dispatch-Transmission Service and Scheduling 561.3 45 Scheduling, System Control and Dispatch Services 561.4 46 Reliability Planning and Standards Development 561.5 47 Transmission Service Studies 561.6 48 Generation Interconnection Studies 561.7 49 Reliability Planning and Standards Development Services 561.8 50 Station Expenses (Major Only) 562 51 Overhead Line Expenses (Major Only) 563 52 Underground Line Expenses (Major Only) 564 53 Transmission of Electricity by Others (Major Only) 565 54 5,014 5,014 Miscellaneous Transmission Expenses (Major Only) 566 55 Rents 567 56 Operation Supplies and Expenses (Nonmajor Only) 567.1 57 7,126 7,126 Total Transmission Operation Expenses 58 Maintenance Supervision and Engineering (Major Only) 568 59 3,047 3,047 Maintenance of Structures (Major Only) 569 60 Maintenance of Computer Hardware 569.1 61 Maintenance of Computer Software 569.2 62 Maintenance of Communication Equipment 569.3 63 Maintenance of Miscellaneous Regional Transmission Plant 569.4 64 Maintenance of Station Equipment (Major Only) 570 65 Maintenance of Overhead Lines (Major Only) 571 66 Maintenance of Underground Lines (Major Only) 572 67 974 974 Maintenance of Miscellaneous Transmission Plant (Major Only) 573 68 Page 304 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Associate Company Direct Cost (c)

Nonassociate Company Indirect Cost (g)

Title of Account (b)

Associate Company Indirect Cost (d)

Associate Company Total Cost (e)

Nonassociate Company Direct Cost (f)

Nonassociate Company Total Cost (h)

Maintenance of Transmission Plant (Nonmajor Only) 574 69 4,021 4,021 Total Transmission Maintenance Expenses 70 Total Regional Market Operation Expenses 575.1-575.8 71 Total Regional Market Maintenance Expenses 576.1-576.5 72 Total Distribution Operation Expenses 580-589 73 Total Distribution Maintenance Expenses 590-598 74 322,615,821 8,377,480 314,238,341 Total Electric Operation and Maintenance Expenses 75 Production Expenses (Provide selected accounts in a footnote) 700-798 76 Total Other Gas Supply Operation Expenses 800-813 77 Total Underground Storage Operation Expenses 814-826 78 Total Underground Storage Maintenance Expenses 830-837 79 Total Other Storage Operation Expenses 840-842.3 80 Total Other Storage Maintenance Expenses 843.1-843.9 81 Total Liquefied Natural Gas Terminaling and Processing Operation Expenses 844.1-846.2 82 Total Liquefied Natural Gas Terminaling and Processing Maintenance Expenses 847.1-847.8 83 Operation Supervision and Engineering 850 84 System Control and Load Dispatching.

851 85 Communication System Expenses 852 86 Compressor Station Labor and Expenses 853 87 Gas for Compressor Station Fuel 854 88 Other Fuel and Power for Compressor Stations 855 89 Mains Expenses 856 90 Measuring and Regulating Station Expenses 857 91 Transmission and Compression of Gas By Others 858 92 Other Expenses 859 93 Rents 860 94 Total Gas Transmission Operation Expenses 95 Maintenance Supervision and Engineering 861 96 Maintenance of Structures and Improvements 862 97 Maintenance of Mains 863 98 Maintenance of Compressor Station Equipment 864 99 Maintenance of Measuring And Regulating Station Equipment 865 100 Maintenance of Communication Equipment 866 101 Maintenance of Other Equipment 867 102 Total Gas Transmission Maintenance Expenses 103 Total Distribution Operation Expenses 870-881 104 Page 305 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Associate Company Direct Cost (c)

Nonassociate Company Indirect Cost (g)

Title of Account (b)

Associate Company Indirect Cost (d)

Associate Company Total Cost (e)

Nonassociate Company Direct Cost (f)

Nonassociate Company Total Cost (h)

Total Distribution Maintenance Expenses 885-894 105 Total Natural Gas Operation and Maintenance Expenses 106 Supervision 901 107 Meter reading expenses 902 108 Customer records and collection expenses 903 109 3,554 3,554 Uncollectible accounts 904 110 Miscellaneous customer accounts expenses 905 111 3,554 3,554 Total Customer Accounts Operation Expenses 906 112 Supervision 907 113 Customer assistance expenses 908 114 Informational And Instructional Advertising Expenses 909 115 Miscellaneous Customer Service And Informational Expenses 910 116 Total Service and Informational Operation Accounts 117 Supervision 911 118 Demonstrating and Selling Expenses 912 119 Advertising Expenses 913 120 Miscellaneous Sales Expenses 916 121 Total Sales Operation Expenses 122 2,844,565 1,088,060 1,756,505 Administrative and General Salaries 920 123 127,306 11,822 115,484 Office Supplies and Expenses 921 124 1,058,820 440,603 618,217 Outside Services Employed 923 125 Property Insurance 924 126 109,633 197,491

( 87,858)

Injuries and Damages 925 127 94,108,098 3,334,543 90,773,555 Employee Pensions and Benefits 926 128 1,285 1,285 Regulatory Commission Expenses 928 129 General Advertising Expenses 930.1 130 5,427,554 308,466 5,119,088 Miscellaneous General Expenses 930.2 131 271,841 264,254 7,587 Rents 931 132 103,949,102 5,646,524 98,302,578 Total Administrative and General Operation Expenses 133 Maintenance of Structures and Equipment 935 134 103,952,656 5,650,078 98,302,578 Total Administrative and General Maintenance Expenses 135 426,568,477 14,027,558 412,540,919 Total Cost of Service 136 Page 306 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Total Charges for Services Direct Cost (i)

Title of Account (b)

Total Charges for Services Indirect Cost (j)

Total Charges for Services Total Cost (k) 401,840 401,840 Depreciation Expense 403-403.1 1

119,742 119,742 Amortization Expense 404-405 2

Regulatory Debits/Credits - Net 407.3-407.4 3

21,097,131 361,377 20,735,754 Taxes Other Than Income Taxes 408.1-408.2 4

3,646,170 3,646,170 Income Taxes 409.1-409.3 5

107,868,590 107,868,590 Provision for Deferred Taxes 410.1-411.2 6

114,816,453 114,816,453 Provision for Deferred Taxes - Credit 411.1-411.2 7

Gain from Disposition of Service Company Plant 411.6 8

Losses from Disposition of Service Company Plant 411.7 9

Investment Tax Credit Adjustment 411.4-411.5 10 Accretion Expense 411.10 11 47,610,147 3,457,035 44,153,112 Costs and Expenses of Construction or Other Services 412 12 Costs and Expenses of Merchandising, Jobbing, and Contract Work for Associated Companies 416 13 Non-operating Rental Income 418 14 Equity in Earnings of Subsidiary Companies 418.1 15 62,655,564 3,356,211 59,299,353 Interest and Dividend Income 419 16 Allowance for Other Funds Used During Construction 419.1 17

( 59,021,074)

Miscellaneous Income or Loss 421 18 Gain on Disposition of Property 421.1 19 Loss on Disposition Of Property 421.2 20 Miscellaneous Amortization 425 21 1,205,119 1,205,119 Donations 426.1 22 Life Insurance 426.2 23 Penalties 426.3 24 4,574,433 2,442,831 2,131,602 Expenditures for Certain Civic, Political and Related Activities 426.4 25 Other Deductions 426.5 26 Interest On Long-Term Debt 427 27 Amortization of Debt Discount and Expense 428 28 Amortization of Premium on Debt - Credit 429 29 Interest on Debt to Associate Companies 430 30 600,000 600,000 Other Interest Expense 431 31 Allowance for Borrowed Funds Used During Construction 432 32 Total Steam Power Generation Operation Expenses 500-509 33 Total Steam Power Generation Maintenance Expenses 510-515 34 Page 303a FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Total Charges for Services Direct Cost (i)

Title of Account (b)

Total Charges for Services Indirect Cost (j)

Total Charges for Services Total Cost (k) 209,911,256 5,413,724 204,497,532 Total Nuclear Power Generation Operation Expenses 517-525 35 43,981,260 1,022,569 42,958,691 Total Nuclear Power Generation Maintenance Expenses 528-532 36 Total Hydraulic Power Generation Operation Expenses 535-540.1 37 Total Hydraulic Power Generation Maintenance Expenses 541-545.1 38 39,929 39,929 Total Other Power Generation Operation Expenses 546-550.1 39 Total Other Power Generation Maintenance Expenses 551-554.1 40 Total Other Power Supply Operation Expenses 555-557 41 2,112 2,112 Operation Supervision and Engineering 560 42 Load Dispatch-Reliability 561.1 43 Load Dispatch-Monitor and Operate Transmission System 561.2 44 Load Dispatch-Transmission Service and Scheduling 561.3 45 Scheduling, System Control and Dispatch Services 561.4 46 Reliability Planning and Standards Development 561.5 47 Transmission Service Studies 561.6 48 Generation Interconnection Studies 561.7 49 Reliability Planning and Standards Development Services 561.8 50 Station Expenses (Major Only) 562 51 Overhead Line Expenses (Major Only) 563 52 Underground Line Expenses (Major Only) 564 53 Transmission of Electricity by Others (Major Only) 565 54 5,014 5,014 Miscellaneous Transmission Expenses (Major Only) 566 55 Rents 567 56 Operation Supplies and Expenses (Nonmajor Only) 567.1 57 7,126 7,126 Total Transmission Operation Expenses 58 Maintenance Supervision and Engineering (Major Only) 568 59 3,047 3,047 Maintenance of Structures (Major Only) 569 60 Maintenance of Computer Hardware 569.1 61 Maintenance of Computer Software 569.2 62 Maintenance of Communication Equipment 569.3 63 Maintenance of Miscellaneous Regional Transmission Plant 569.4 64 Maintenance of Station Equipment (Major Only) 570 65 Maintenance of Overhead Lines (Major Only) 571 66 Maintenance of Underground Lines (Major Only) 572 67 974 974 Maintenance of Miscellaneous Transmission Plant (Major Only) 573 68 Page 304a FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Total Charges for Services Direct Cost (i)

Title of Account (b)

Total Charges for Services Indirect Cost (j)

Total Charges for Services Total Cost (k)

Maintenance of Transmission Plant (Nonmajor Only) 574 69 4,021 4,021 Total Transmission Maintenance Expenses 70 Total Regional Market Operation Expenses 575.1-575.8 71 Total Regional Market Maintenance Expenses 576.1-576.5 72 Total Distribution Operation Expenses 580-589 73 Total Distribution Maintenance Expenses 590-598 74 322,615,821 8,377,480 314,238,341 Total Electric Operation and Maintenance Expenses 75 Production Expenses (Provide selected accounts in a footnote) 700-798 76 Total Other Gas Supply Operation Expenses 800-813 77 Total Underground Storage Operation Expenses 814-826 78 Total Underground Storage Maintenance Expenses 830-837 79 Total Other Storage Operation Expenses 840-842.3 80 Total Other Storage Maintenance Expenses 843.1-843.9 81 Total Liquefied Natural Gas Terminaling and Processing Operation Expenses 844.1-846.2 82 Total Liquefied Natural Gas Terminaling and Processing Maintenance Expenses 847.1-847.8 83 Operation Supervision and Engineering 850 84 System Control and Load Dispatching.

851 85 Communication System Expenses 852 86 Compressor Station Labor and Expenses 853 87 Gas for Compressor Station Fuel 854 88 Other Fuel and Power for Compressor Stations 855 89 Mains Expenses 856 90 Measuring and Regulating Station Expenses 857 91 Transmission and Compression of Gas By Others 858 92 Other Expenses 859 93 Rents 860 94 Total Gas Transmission Operation Expenses 95 Maintenance Supervision and Engineering 861 96 Maintenance of Structures and Improvements 862 97 Maintenance of Mains 863 98 Maintenance of Compressor Station Equipment 864 99 Maintenance of Measuring And Regulating Station Equipment 865 100 Maintenance of Communication Equipment 866 101 Maintenance of Other Equipment 867 102 Total Gas Transmission Maintenance Expenses 103 Total Distribution Operation Expenses 870-881 104 Page 305a FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Account Number (a)

Total Charges for Services Direct Cost (i)

Title of Account (b)

Total Charges for Services Indirect Cost (j)

Total Charges for Services Total Cost (k)

Total Distribution Maintenance Expenses 885-894 105 Total Natural Gas Operation and Maintenance Expenses 106 Supervision 901 107 Meter reading expenses 902 108 Customer records and collection expenses 903 109 3,554 3,554 Uncollectible accounts 904 110 Miscellaneous customer accounts expenses 905 111 3,554 3,554 Total Customer Accounts Operation Expenses 906 112 Supervision 907 113 Customer assistance expenses 908 114 Informational And Instructional Advertising Expenses 909 115 Miscellaneous Customer Service And Informational Expenses 910 116 Total Service and Informational Operation Accounts 117 Supervision 911 118 Demonstrating and Selling Expenses 912 119 Advertising Expenses 913 120 Miscellaneous Sales Expenses 916 121 Total Sales Operation Expenses 122 2,844,565 1,088,060 1,756,505 Administrative and General Salaries 920 123 127,306 11,822 115,484 Office Supplies and Expenses 921 124 1,058,820 440,603 618,217 Outside Services Employed 923 125 Property Insurance 924 126 109,633 197,491

( 87,858)

Injuries and Damages 925 127 94,108,098 3,334,543 90,773,555 Employee Pensions and Benefits 926 128 1,285 1,285 Regulatory Commission Expenses 928 129 General Advertising Expenses 930.1 130 5,427,554 308,466 5,119,088 Miscellaneous General Expenses 930.2 131 271,841 264,254 7,587 Rents 931 132 103,949,102 5,646,524 98,302,578 Total Administrative and General Operation Expenses 133 Maintenance of Structures and Equipment 935 134 103,952,656 5,650,078 98,302,578 Total Administrative and General Maintenance Expenses 135 426,568,477 14,027,558 412,540,919 Total Cost of Service 136 Page 306a FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 FOOTNOTE DATA FERC FORM NO. 60 (NEW 12-05)

Footnotes.1 Schedule Page: 304 Line No.: 12 Column: e Account 412 includes the costs incurred by the service company that are billed to affiliates as capital project costs or to other balance sheet accounts. The 2020 costs include the following:

Direct Indirect Total Capital costs

$16,561,828

$568,763

$17,130,591 Other balance sheet accounts 27,591,284 2,888,272 30,476,556

$44,153,112

$3,457,035

$47,610,147 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVII - Analysis of Billing - Associate Companies (Account 457)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

1. For services rendered to associate companies (Account 457), list all of the associate companies.

Account 457.1 Direct Costs Charged (b)

Total Amount Billed (e)

Name of Associate Company (a)

Account 457.2 Indirect Costs Charged (c)

Account 457.3 Compensation For Use of Capital (d)

Entergy Louisiana, LLC 204,672 203,433 1,239 1

Entergy Nuclear Fitzpatrick, LLC

( 457,506)

( 457,506) 2 Entergy Nuclear Holding Corp-No. 1 24,883,382 24,883,382 3

Entergy Nuclear Indian Point 2, LLC 94,078,853 1,947,741 92,131,112 4

Entergy Nuclear Indian Point 3, LLC 142,180,591 3,921,255 138,259,336 5

Entergy Nuclear, Inc.

6,650,717 202,625 6,448,092 6

Entergy Nuclear Nebraska, LLC 4,172 4,887

( 715) 7 Entergy Nuclear Operations, Inc.

122,386 122,386 8

Entergy Nuclear Palisades, LLC 151,183,246 3,748,617 147,434,629 9

Entergy Operations, Inc.

2,993,713 2,993,713 10 Entergy Services, LLC 1,129,442 1,116,010 13,432 11 TLG Services, Inc.

3,393,384 3,393,384 12 Vermont Yankee Asset Retirement Management, LLC 208,827 208,827 13 Deferred

( 7,402)

( 110,723) 103,321 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 426,568,477 14,027,558 412,540,919 Total 40 Page 307 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XVIII - Analysis of Billing - Non-Associate Companies (Account 458)

Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

1. For services rendered to nonassociate companies (Account 458), list all of the nonassociate companies. In a footnote, describe the services rendered to each respective nonassociate company.

Account 458.1 Direct Costs Charged (b)

Total Amount Billed (f)

Name of Non-associate Company (a)

Account 458.2 Indirect Costs Charged (c)

Account 458.3 Compensation For Use of Capital (d)

Account 458.4 Excess or Deficiency on Servicing Non-associate Utility Companies (e) 1 2

3 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total 40 Page 308 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Schedule XIX - Miscellaneous General Expenses - Account 930.2 Name of Respondent This Report Is:

(1) An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

Year/Period of Report Dec 31, Entergy Nuclear Operations, Inc.

X

/ /

2020 Line No.

Title of Account (a)

1. Provide a listing of the amount included in Account 930.2, "Miscellaneous General Expenses" classifying such expenses according to their nature. Amounts less than $50,000 may be grouped showing the number of items and the total for the group.

2. Payments and expenses permitted by Section 321 (b)(2) of the Federal Election Campaign Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. 441(b)(2)) shall be separately classified.

Amount (b) 2,427,224 IPEC license transfer transaction 1

281,238 Palisades license transfter transaction 2

804,171 Dues 3

113,064 Computer software acquisition 4

1,707,190 Payroll expenses 5

94,667 Other 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 5,427,554 Total 40 Page 309 FERC FORM NO. 60 (REVISED 12-07)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XX - Organization Chart FERC FORM 60 (NEW 12-05) 401.1

1. Provide a graphical presentation of the relationships and inter relationships within the service company that identifies lines of authority and responsibility in the organization.

ANNUAL REPORT OF ENTERGY ENTERPRISES, INC.

For the Year Ended December 31, 2020 Organization Charts BOARD of DIRECTORS Director (3)

OFFICERS President and Chief Executive Officer Vice President Vice President, Commercial Operations, EWC Vice President, VY Decommissioning PMO Secretary Assistant General Tax Counsel Treasurer Tax Officer (2)

Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XXI - Methods of Allocation FERC FORM 60 (NEW 12-05) 402.1

1. Indicate the service department or function and the basis for allocation used when employees render services to more than one department or functional group. If a ratio, include the numerator and denominator.

2. Include any other allocation methods used to allocate costs.

Represented in the table entitled "Allocation Methods by Department or Function",

are the service department or function and the basis for allocation used when employees render services to more than one department or functional group.

The second table, entitled "Basis for Allocation and Ratio by Billing Method",

contains the numerator and denominator of each allocation method that is represented as a ratio.

Allocation Methods by Department or Function Service Department or Function Basis of Allocation Administration EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Corporate - Legal Services EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Corporate - Office of the Chief Executive Officer EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Corporate - Public Relations EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Corporate Support - General EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SENXVYFP Split equally among ENGC, ENIP3, ENIP2, and ENPAL SNUNEALL Based on the total number of Nuclear North Units Customer Service SENUCALL Based on the number of operating Nuclear North Units Customer Service Support EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Distribution EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units EWC - Entergy Wholesale Commodities EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Finance and Accounting EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Fossil Operations EMPLNYPA Based on Nuclear North Site employees Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XXI - Methods of Allocation FERC FORM 60 (NEW 12-05) 402.2 SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Gas Operations EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Human Resources EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Information Technology EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SENXVYFP Split equally among ENGC, ENIP3, ENIP2, and ENPAL SNUNEALL Based on the total number of Nuclear North Units Nuclear - Non-Regulated EMPLNYPA Based on Nuclear North Site employees PWRSNUNE Based on the number of Pressure Water Reactor Plant Units - ENN SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Nuclear - Regulated EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Nuclear Corporate Support EMPLNYPA Based on Nuclear North Site employees PWRSNUNE Based on the number of Pressure Water Reactor Plant Units - ENN SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Nuclear Operations EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Operations and Performance EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units President EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Supply Chain EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units System Benefits EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XXI - Methods of Allocation FERC FORM 60 (NEW 12-05) 402.3 SENXVYFP Split equally among ENGC, ENIP3, ENIP2, and ENPAL SNUNEALL Based on the total number of Nuclear North Units System Planning EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Transmission EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units Utility Management and Support Services EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Utility Support -

Distribution EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Utility Support - Operations EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Wholesale Ops Corporate Support EMPLNYPA Based on Nuclear North Site employees SENUCALL Based on the number of operating Nuclear North Units SNUNEALL Based on the total number of Nuclear North Units Wholesale Ops Finance EMPLNYPA Based on Nuclear North Site employees Basis for Allocation and Ratio by Billing Method Billing Method Numerator Denominator EMPLNYPA Number of New York Power Authority employees per company Based on number of New York Power Authority employees PWRSNUNE Number of Pressure Water Reactor Plant Sites per company (ENIP2, ENIP3 and ENPAL only)

Total number of Pressure Water Reactor Plant Sites (ENIP2, ENIP3 and ENPAL only)

SENUCALL Number of operating Nuclear North Units per company Total number of all operating Nuclear North Units Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent Entergy Nuclear Operations, Inc.

This Report is:

(1) X An Original (2) A Resubmission Resubmission Date (Mo, Da, Yr)

/ /

Year of Report 2020 Schedule XXI - Methods of Allocation FERC FORM 60 (NEW 12-05) 402.4 SENXVYFP Number of Nuclear North Units per

company, excluding ENVY and ENFZ Total number of all Nuclear North Units, excluding ENVY and ENFZ SNUNEALL Number of Nuclear North Units per company Total number of all Nuclear North Units Document Accession #: 20210503-8019 Filed Date: 04/30/2021

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Form6020201200008.PDF.....................................................1 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

ML21354A762

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