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

Document Accession #: 20210503-8019 Filed Date: 04/30/2021THIS FILING IS Form 60 Approved OMB No. 1902-0215 Item 1: An Initial (Original)XOR Resubmission No. ____ Expires 01/31/2023 Submission

FERC FINANCIAL REPORT FERC FORM No. 60: Annual Report of Centralized Service Companies

This report is mandatory under the Public Utility Holding Company Act of 2005, Section 1270, Section 309 of the Federal Power Act and 18 C.F.R. § 366.23. Failure to report may result in criminal fines, civil penalties, and other sanctions as provided by law. The Federal Energy Regulatory Commission does not consider this report to be of a confidential nature.

Exact Legal Name of Respondent (Company) Year of Report Entergy Nuclear Operations, Inc. Dec 31, 2020

FERC FORM No. 60 (12-06)

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 FERC FORM NO. 60 Document Accession #: 20210503-8019 Filed Date: 04/30/2021ANNUAL REPORT FOR SERVICE COMPANIES IDENTIFICATION

01 Exact Legal Name of Respondent 02 Year of Report Entergy Nuclear Operations, Inc. Dec 31, 2020

03 Previous Name (If name changed during the year) 04 Date of Name Change

/ /

05 Address of Principal Office at End of Year (Street, City, State, Zip Code) 06 Name of Contact Person 1340 Echelon Parkway, Jackson, MS 39213 Gina G. Bellott

07 Title of Contact Person 08 Address of Contact Person Sr. Lead Accountant 639 Loyola Avenue, New Orleans, 70113

09 Telephone Number of Contact Person 10 E-mail Address of Contact Person (504) 576-6753 gbellot@entergy.com

11 This Report is: 12 Resubmission Date (1) An OriginalX (Month, Day, Year)

(2) A Resubmission / /

13 Date of Incorporation 14 If Not Incorporated, Date of Organization 05/09/2000 / /

15 State or Sovereign Power Under Which Incorporated or Organized DELAWARE

16 Name of Principal Holding Company Under Which Reporting Company is Organized:

Entergy Corporation CORPORATE OFFICER CERTIFICATION The undersigned officer certifies that:

I have examined this report and to the best of my knowledge, information, and belief all statements of fact contained in 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.

17 Name of Signing Officer 19 Signature of Signing Officer 20 Date Signed Kimberly A. Fontan (Month, Day, Year)

18 Title of Signing Officer Kimberly A. Fontan 04/30/2021

Sr. VP & Chief Accounting Officer

FERC FORM NO. 60 (REVISED 12-07) Page 1 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Entergy Nuclear Operations, Inc. X(1) An Original Dec 31, Document Accession #: 20210503-8019 Filed Date: 04/30/2021(2) A Resubmission / / 2020 List of Schedules and Accounts

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

Description Page Reference Remarks Line (a) (b) (c)

No.

1 Schedule I - Comparative Balance Sheet 101-102 2 Schedule II - Service Company Property 103 3 Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property 104 4 Schedule IV - Investments 105 5 Schedule V - Accounts Receivable from Associate Companies 106 6 Schedule VI - Fuel Stock Expenses Undistributed 107 Not Applicable 7 Schedule VII - Stores Expense Undistributed 108 Not Applicable 8 Schedule VIII - Miscellaneous Current and Accrued Assets 109 9 Schedule IX - Miscellaneous Deferred Debits 110 10 Schedule X - Research, Development, or Demonstration Expenditures 111 Not Applicable 11 Schedule XI - Proprietary Capital 201 12 Schedule XII - Long-Term Debt 202 13 Schedule XIII - Current and Accrued Liabilities 203 14 Schedule XIV - Notes to Financial Statements 204 15 Schedule XV - Comparative Income Statement 301-302 16 Schedule XVI - Analysis of Charges for Service - Associate and Nonassociate Companies 303-306 17 Schedule XVII - Analysis of Billing - Associate Companies (Account 457) 307 18 Schedule XVIII - Analysis of Billing - Non-Associate Companies (Account 458) 308 Not Applicable 21 Schedule XIX - Miscellaneous General Expenses - Account 930.2 307 23 Schedule XX - Organization Chart 401 24 Schedule XXI - Methods of Allocation 402

FERC FORM NO. 60 (REVISED 12-07) Page 2 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule I - Comparative Balance Sheet

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

Account Description Reference As of Dec 31 As of Dec 31 Line Number (b) Page No. Current Prior No. (a) (c) (d) (e)

1 Service Company Property 2 103101Service Company Property19,209,72619,079,437 3 103101.1Property Under Capital Leases4,668,2556,177,092 4 Completed Construction Not Classified106 128,144 5 103107Construction Work In Progress1232,268 6 Total Property (Total Of Lines 2-5) 23,878,104 25,386,941 7 104108Less: Accumulated Provision for Depreciation of Service Company Property9,321,3258,919,485 8 Less: Accumulated Provision for Amortization of Service Company Property111 5,918,273 5,798,531 9 Net Service Company Property (Total of Lines 6-8) 8,638,506 10,668,925 10 Investments 11 105123Investment In Associate Companies 12 105124Other Investments 13 105128Other Special Funds988,281,079928,981,726 14 Total Investments (Total of Lines 11-13) 988,281,079 928,981,726 15 Current And Accrued Assets 16 Cash131 207,676 75,817 17 Other Special Deposits134 18 Working Funds135 388,092 468,722 19 Temporary Cash Investments136 12,645,361 43,675,988 20 Notes Receivable141 90,163,773 55,163,773 21 Customer Accounts Receivable142 22 Accounts Receivable143 960,274 951,562 23 Less: Accumulated Provision for Uncollectible Accounts144 24 106146Accounts Receivable From Associate Companies38,168,38556,046,803 25 107152Fuel Stock Expenses Undistributed 26 Materials And Supplies154 27 108163Stores Expense Undistributed 28 Prepayments165 485,854 1,244,088 29 Interest And Dividends Receivable171 30 Rents Receivable172 31 Accrued Revenues173 32 Miscellaneous Current and Accrued Assets174 122,385 33 109175Derivative Instrument Assets 34 Derivative Instrument Assets - Hedges176 35 Total Current and Accrued Assets (Total of Lines 16-34) 143,141,800 157,626,753 36 Deferred Debits 37 Unamortized Debt Expense181 38 Other Regulatory Assets182.3 39 Preliminary Survey And Investigation Charges183 40 Clearing Accounts184 41 Temporary Facilities185 42 Miscellaneous Deferred Debits186 19,867,017 19,346,400 43 110188Research, Development, or Demonstration Expenditures 44 111189Unamortized loss on reacquired debt 45 Accumulated Deferred Income Taxes190 378,112,104 389,472,252 46 Total Deferred Debits (Total of Lines 37-45) 397,979,121 408,818,652 47 TOTAL ASSETS AND OTHER DEBITS (TOTAL OF LINES 9, 14, 35 and 46) 1,538,040,506 1,506,096,056

FERC FORM NO. 60 (REVISED 12-07) 101Page Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule I - Comparative Balance Sheet (continued)

Account Description Reference As of Dec 31 As of Dec 31 Line Number (b) Page No. Current Prior No. (a) (c) (d) (e)

48 Proprietary Capital 49 201201Common Stock Issued1,0001,000 50 201204Preferred Stock Issued 51 201211Miscellaneous Paid-In-Capital( 42,339,493)( 25,389,493) 52 201215Appropriated Retained Earnings 53 201216Unappropriated Retained Earnings106,833,037106,833,037 54 201219Accumulated Other Comprehensive Income( 444,663,607)( 454,551,764) 55 Total Proprietary Capital (Total of Lines 49-54) ( 380,169,063) ( 373,107,220) 56 Long-Term Debt 57 202223Advances From Associate Companies30,000,00036,000,000 58 202224Other Long-Term Debt 59 Unamortized Premium on Long-Term Debt225 60 Less: Unamortized Discount on Long-Term Debt-Debit226 61 Total Long-Term Debt (Total of Lines 57-60) 30,000,000 36,000,000 62 Other Non-current Liabilities 63 Obligations Under Capital Leases-Non-current227 3,898,702 5,337,752 64 Accumulated Provision for Injuries and Damages228.2 25,000 24,625 65 Accumulated Provision For Pensions and Benefits228.3 214,952,667 228,631,590 66 Asset Retirement Obligations230 67 Total Other Non-current Liabilities (Total of Lines 63-66) 218,876,369 233,993,967 68 Current and Accrued Liabilities 69 Notes Payable231 70 Accounts Payable232 165,727,602 162,036,535 71 203233Notes Payable to Associate Companies 72 203234Accounts Payable to Associate Companies2,503,2252,363,308 73 Taxes Accrued236 69,211,248 43,144,378 74 Interest Accrued237 700,000 100,000 75 Tax Collections Payable241 445 852 76 203242Miscellaneous Current and Accrued Liabilities13,368,77717,141,682 77 Obligations Under Capital Leases - Current243 904,308 898,725 78 Derivative Instrument Liabilities244 79 Derivative Instrument Liabilities - Hedges245 80 Total Current and Accrued Liabilities (Total of Lines 69-79) 252,415,605 225,685,480 81 Deferred Credits 82 Other Deferred Credits253 1,415,126,225 1,366,030,869 83 Other Regulatory Liabilities254 84 Accumulated Deferred Investment Tax Credits255 85 Unamortized Gain on Reacquired Debt257 86 Accumulated deferred income taxes-Other property282 337,789 1,316,498 87 Accumulated deferred income taxes-Other283 1,453,581 16,176,462 88 Total Deferred Credits (Total of Lines 82-87) 1,416,917,595 1,383,523,829 89 TOTAL LIABILITIES AND PROPRIETARY CAPITAL (TOTAL OF LINES 55, 61, 67, 80, AND 88) 1,538,040,506 1,506,096,056

FERC FORM NO. 60 (REVISED 12-07) 102Page Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

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.

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule II - Service Company Property

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).

Acct Title of Account Balance at Beginning Additions Retirements or Sales Other Changes Balance at End of Year Line # (b) of Year (d) (e) (f)

No. (a) (c) (g)

1 301 Organization 2 303 Miscellaneous Intangible Plant 6,010,321 6,010,321 3 306 Leasehold Improvements 4 389 Land and Land Rights 5 390 Structures and Improvements 5,274,694 5,274,694 6 391 Office Furniture and Equipment 6,810,605 2,145 6,812,750 7 392 Transportation Equipment 52,752 52,752 8 393 Stores equipment 9 394 Tools, Shop and Garage Equipment 10 395 Laboratory Equipment 11 396 Power Operated Equipment 12 397 Communications Equipment 504,711 504,711 13 398 Miscellaneous Equipment 554,498 554,498 14 399 Other Tangible Property 15 399.1 Asset Retirement Costs 16 Total Service Company Property (Total of Lines 1-15) 19,207,581 2,145 19,209,726 17 107 Construction Work in Progress:

18 See footnote details 2,268 ( 2,145) 123 19 20 21 22 23 24 25 26 27 28 29 30 31 Total Account 107 (Total of Lines 18-30) ( 2,145) 123 32 Total (Lines 16 and Line 31) 2,145 19,209,849

FERC FORM NO. 60 (REVISED 12-07) Page 103 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

Schedule Page: 103 Line No.: 18 Column: c

Other general and intangible plant.

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property

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

Account Description Balance at Beginning Additions Charged Retirements Other Changes Balance at Line Number of Year To Account Additions Close of Year No. (c) 403-403.1 (Deductions)

(a) (b) 404-405 (e) (f) (g)

(d) 1 301 Organization 2 303 Miscellaneous Intangible Plant 5,798,531 119,742 5,918,273 3 306 Leasehold Improvements 4 389 Land and Land Rights 5 390 Structures and Improvements 1,684,759 167,451 1,852,210 6 391 Office Furniture and Equipment 6,321,528 156,905 6,478,433 7 392 Transportation Equipment 33,408 10,550 43,958 8 393 Stores equipment 9 394 Tools, Shop and Garage Equipment 10 395 Laboratory Equipment 11 396 Power Operated Equipment 12 397 Communications Equipment 472,331 23,313 495,644 13 398 Miscellaneous Equipment 407,459 43,621 451,080 14 399 Other Tangible Property 15 399.1 Asset Retirement Costs 16 Total 14,718,016 521,582 15,239,598

FERC FORM NO. 60 (NEW 12-05) Page 104 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule IV - Investments

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.

Account Title of Account Balance at Beginning Balance at Close of Line Number of Year Year No. (c)

(a) (b) (d) 1 123 Investment In Associate Companies 2 124 Other Investments 3 128 Other Special Funds 928,981,726 988,281,079 4 136 Temporary Cash Investments 43,675,988 12,645,361 5 (Total of Lines 1-4) 1,000,926,440972,657,714

FERC FORM NO. 60 (REVISED 12-07) Page 105 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

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.

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule V - Accounts Receivable from Associate Companies

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.

Account Title of Account Balance at Beginning of Year Balance at Close of Year Line Number (c) (d)

No. (a) (b)

1 146 Accounts Receivable From Associate Companies 2 Associate Company:

3 Entergy Nuclear Indian Point 2, LLC 15,503,577 3,767,855 4 Entergy Nuclear Indian Point 3, LLC 13,463,462 14,934,646 5 Entergy Nuclear Palisades, LLC 15,226,583 12,011,730 6 Entergy Nuclear Nebraska, LLC 10,534 3,414 7 Entergy Services, LLC 184,352 708,243 8 Entergy Operations, Inc. 26,769 125,139 9 TLG Services 292,731 318,641 10 Entergy Arkansas, LLC 7,534 2 11 Vermont Yankee Asset RTRMgt 274,602 12 Entergy Louisiana, LLC 4,937 1,430 13 Entergy Enterprises, Inc. 2,311 18 14 Entergy Amalgamated Competitive Holdings, LLC 374,850 3,632,340 15 Entergy Nuclear, Inc. 7,320,802 706,063 16 Entergy Nuclear Holding Corp LLC No 1 3,353,759 1,876,428 17 Entergy Assets Management Operations LLC 82,436 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Total 56,046,803 38,168,385

FERC FORM NO. 60 (REVISED 12-07) Page 106 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule VI - Fuel Stock Expenses Undistributed

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.

Account Title of Account Labor Expenses Total Line Number No. (a) (b) (c) (d) (e)

1 152 Fuel Stock Expenses 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 40 Total

FERC FORM NO. 60 (REVISED 12-07) Page 107 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule VII - Stores Expense Undistributed

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.

Account Title of Account Labor Expenses Total Line Number No. (a) (b) (c) (d) (e)

1 Stores Expense Undistributed163 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 40 Total

FERC FORM NO. 60 (REVISED 12-07) Page 108 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule VIII - Miscellaneous Current and Accrued Assets

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

Account Title of Account Balance at Beginning of Year Balance at Close of Year Line Number (c) (d)

No. (a) (b)

1 174 Miscellaneous Current and Accrued Assets 2 Item List:

3 Unbilled External Jobbing Orders 122,385 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 40 Total 122,385

FERC FORM NO. 60 (REVISED 12-07) Page 109 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule IX - Miscellaneous Deferred Debits

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

Account Title of Account Balance at Beginning of Year Balance at Close of Year Line Number (c) (d)

No. (a) (b)

1 186 Miscellaneous Deferred Debits 2 Items List:

3 4 Intercompany Benefits Receivable:

5 Indian Point 2 17,770,167 17,770,167 6 Indian Point 3 ( 388,886) ( 388,886) 7 8 System Benefits Costs 1,951,099 2,478,855 9 Other - 4 items for 2020 and 3 items for 2019 14,020 6,881 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 40 Total 19,346,400 19,867,017

FERC FORM NO. 60 (REVISED 12-07) Page 110 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule X - Research, Development, or Demonstration Expenditures

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.

Account Title of Account Amount Line Number (c)

No. (a) (b)

1 188 Research, Development, or Demonstration Expenditures 2 Project List:

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 40 Total

FERC FORM NO. 60 (NEW 12-05) Page 111 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XI - Proprietary Capital

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.

Account Title of Account Description Amount Line Number No. (b) (c) (d)

(a) 1 201 Common Stock Issued Number of Shares Authorized 3,000 2 Par or Stated Value per Share 0.01 3 Outstanding Number of Shares 1,000 4 Close of Period Amount 10 5 Preferred Stock Issued Number of Shares Authorized 6 Par or Stated Value per Share 7 Outstanding Number of Shares 8 Close of Period Amount 9 211 Miscellaneous Paid-In Capital ( 42,339,493) 10 215 Appropriated Retained Earnings 11 219 Accumulated Other Comprehensive Income ( 444,663,607) 12 216 Unnappropriated Retained Earnings Balance at Beginning of Year 106,833,037 13 Net Income or (Loss) 14 Dividend Paid 15 Balance at Close of Year 106,833,037

FERC FORM NO. 60 (REVISED 12-07) Page 201 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

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

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XII - Long Term Debt

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).

Account Title of Account Term of Obligation Date of Interest Amount Authorized Balance at BeginningAdditions Deductions Balance at Close of Number Class & Series of Maturity Rate of Year Year Line Obligation No. (c) (f) (g) (h)

(a) (b) (d) (e) (i)

1 223 Advances from Associate Companies

2 Associate Company:

3 Entergy Nuclear Indian Point 2, LLC 12,000,000 ( 6,000,000) 6,000,000

4 Entergy Nuclear Indian Point 3, LLC 12,000,00012,000,000 5 Entergy Nuclear Palisades, LLC 12,000,00012,000,000

6

7 8

9

10 11

12 13 TOTAL ( 6,000,000)36,000,00030,000,000

14 224 Other Long-Term Debt

15 List Creditor:

16 17

18

19 20

21 22

23 24

25

26 27 28 TOTAL

FERC FORM NO. 60 (REVISED 12-07) Page 202 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

Schedule Page: 202 Line No.: 3 Column: h

Repayment of advance.

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XIII - Current and Accrued Liabilities

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.

Account Title of Account Balance at BeginningBalance at Close of Line Number (b) of Year Year No. (c) (d)

(a) 1 233 Notes Payable to Associates Companies 2

3 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 234 Accounts Payable to Associate Companies 2,363,308 2,503,225 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 242 Miscellaneous Current and Accrued Liabilities 17,141,682 13,368,777 42 43 44 45 46 47 48 49 50 (Total) 19,504,990 15,872,002

FERC FORM NO. 60 (REVISED 12-07) Page 203 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

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 Balance at Beginning of Close of Year 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

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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

FERC FORM 60 (NEW 12-05) 204.1 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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 FERC FORM 60 (NEW 12-05) 204.2 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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.

FERC FORM 60 (NEW 12-05) 204.3 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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

FERC FORM 60 (NEW 12-05) 204.4 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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.

FERC FORM 60 (NEW 12-05) 204.5 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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.

FERC FORM 60 (NEW 12-05) 204.6 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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.

FERC FORM 60 (NEW 12-05) 204.7 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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:

Other Postretirement Qualified Pension 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

FERC FORM 60 (NEW 12-05) 204.8 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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:

Other Postretirement Qualified Pension 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)

FERC FORM 60 (NEW 12-05) 204.9 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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 Other Pension Postretirement Non-Qualified Costs Costs 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 Other Pension Postretirement Non-Qualified Costs Costs 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)

FERC FORM 60 (NEW 12-05) 204.10 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

($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% 19%

Fixed Income Securities 42% 39% to 45% 42% 41%

FERC FORM 60 (NEW 12-05) 204.11 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

Other 0% 0% to 10% 1% 1%

Postretirement Asset Allocation Non-Taxable and Taxable Target Range Actual 2020 Actual 2019 Domestic Equity Securities 26% 21% to 31% 29% 29%

International Equity Securities 18% 13% to 23% 18% 18%

Fixed Income Securities 56% 51% to 61% 53% 53%

Other 0% 0% to 5% 0% 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:

FERC FORM 60 (NEW 12-05) 204.12 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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

FERC FORM 60 (NEW 12-05) 204.13 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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 $6,854,426 assets 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

FERC FORM 60 (NEW 12-05) 204.14 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

Other postretirement:

Service cost 3.27% 4.62%

FERC FORM 60 (NEW 12-05) 204.17 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 Schedule XIV-Notes to Financial Statements

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.

FERC FORM 60 (NEW 12-05) 204.18 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XV-Comparative Income Statement

Account Title of Account Current Year Prior Year Line Number No.

(a) (b) (c) (d) 1 SERVICE COMPANY OPERATING REVENUES 2 400 Service Company Operating Revenues 426,568,477 550,261,846 3 SERVICE COMPANY OPERATING EXPENSES 4 401 Operation Expenses 313,910,967 437,386,351 5 402 Maintenance Expenses 43,985,281 62,839,240 6 403 Depreciation Expenses 401,840 414,893 7 403.1 Depreciation Expense for Asset Retirement Costs 8 404 Amortization of Limited-Term Property 119,742 202,781 9 405 Amortization of Other Property 10 407.3 Regulatory Debits 11 407.4 Regulatory Credits 12 408.1 Taxes Other Than Income Taxes, Operating Income 21,097,131 11,607,597 13 409.1 Income Taxes, Operating Income 3,646,170 5,744,835 14 410.1 Provision for Deferred Income Taxes, Operating Income 107,868,590 93,766,731 15 411.1 Provision for Deferred Income Taxes - Credit, Operating Income ( 114,816,453) ( 98,771,470) 16 411.4 Investment Tax Credit, Service Company Property 17 411.6 Gains from Disposition of Service Company Plant 18 411.7 Losses from Disposition of Service Company Plant 19 411.10 Accretion Expense 20 412 Costs and Expenses of Construction or Other Services 47,610,147 36,855,836 21 416 Costs and Expenses of Merchandising, Jobbing, and Contract Work 22 TOTAL SERVICE COMPANY OPERATING EXPENSES (Total of Lines 4-21) 423,823,415 550,046,794 23 NET SERVICE COMPANY OPERATING INCOME (Total of Lines 2 less 22) 2,745,062 215,052 24 OTHER INCOME 25 418.1 Equity in Earnings of Subsidiary Companies 26 419 Interest and Dividend Income 62,655,564 153,486,032 27 419.1 Allowance for Other Funds Used During Construction 28 421 Miscellaneous Income or Loss ( 59,021,074) ( 146,751,838) 29 421.1 Gain on Disposition of Property 30 TOTAL OTHER INCOME (Total of Lines 25-29) 3,634,490 6,734,194 31 OTHER INCOME DEDUCTIONS 32 421.2 Loss on Disposition of Property 33 425 Miscellaneous Amortization 34 426.1 Donations 1,205,119 1,453,036 35 426.2 Life Insurance 36 426.3 Penalties 37 426.4 Expenditures for Certain Civic, Political and Related Activities 4,574,433 5,490,368 38 426.5 Other Deductions 39 TOTAL OTHER INCOME DEDUCTIONS (Total of Lines 32-38) 5,779,552 6,943,404 40 TAXES APPLICABLE TO OTHER INCOME AND DEDUCTIONS

FERC FORM NO. 60 (REVISED 12-07) Page 301 Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XV-Comparative Income Statement (continued)

Account Title of Account Current Year Prior Year Line Number No.

(a) (b) (c) (d) 41 408.2 Taxes Other Than Income Taxes, Other Income and Deductions 42 409.2 Income Taxes, Other Income and Deductions 43 410.2 Provision for Deferred Income Taxes, Other Income and Deductions 44 411.2 Provision for Deferred Income Taxes - Credit, Other Income and Deductions 45 411.5 Investment Tax Credit, Other Income Deductions 46 TOTAL TAXES APPLICABLE TO OTHER INCOME AND DEDUCTIONS (Total of Lines 41-45) 47 INTEREST CHARGES 48 427 Interest on Long-Term Debt 49 428 Amortization of Debt Discount and Expense 50 429 (less) Amortization of Premium on Debt-Credit 51 430 Interest on Debt to Associate Companies 52 431 Other Interest Expense 600,000 5,842 53 432 (less) Allowance for Borrowed Funds Used During Construction-Credit 54 TOTAL INTEREST CHARGES (Total of Lines 48-53) 600,000 5,842 55 NET INCOME BEFORE EXTRAORDINARY ITEMS (Total of Lines 23, 30, minus 39, 46, and 54) 56 EXTRAORDINARY ITEMS 57 434 Extraordinary Income 58 435 (less) Extraordinary Deductions 59 Net Extraordinary Items (Line 57 less Line 58) 60 409.4 (less) Income Taxes, Extraordinary 61 Extraordinary Items After Taxes (Line 59 less Line 60) 62 NET INCOME OR LOSS/COST OF SERVICE (Total of Lines 55-61)

FERC FORM NO. 60 (REVISED 12-07) Page 302 Document Accession #: 20210503-8019 Filed Date: 04/30/2021

Name of Respondent This Report is: Resubmission Date Year of Report (1) X An Original (Mo, Da, Yr)

Entergy Nuclear Operations, Inc. (2) A Resubmission / / 2020 FOOTNOTE DATA

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

FERC FORM NO. 60 (NEW 12-05) Footnotes.1 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies

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

Account Title of Account Associate Company Associate Company Associate Company Nonassociate Nonassociate Nonassociate Number Direct Cost Indirect Cost Total Cost Company Company Company Line Direct Cost Indirect Cost Total Cost No. (a) (b) (c) (d) (e) (f) (g) (h)

1 403-403.1 Depreciation Expense 401,840 401,840 2 404-405 Amortization Expense 119,742 119,742 3 407.3-407.4Regulatory Debits/Credits - Net 4 408.1-408.2Taxes Other Than Income Taxes 20,735,754 361,377 21,097,131 5 409.1-409.3Income Taxes 3,646,170 3,646,170 6 410.1-411.2Provision for Deferred Taxes 107,868,590 107,868,590 7 411.1-411.2Provision for Deferred Taxes - Credit 114,816,453 114,816,453 8 411.6 Gain from Disposition of Service Company Plant 9 411.7 Losses from Disposition of Service Company Plant 10 411.4-411.5Investment Tax Credit Adjustment 11 411.10 Accretion Expense

412 Costs and Expenses of Construction or Other 12 Services 44,153,112 3,457,035 47,610,147

416 Costs and Expenses of Merchandising, Jobbing, 13 and Contract Work for Associated Companies 14 418 Non-operating Rental Income 15 418.1 Equity in Earnings of Subsidiary Companies 16 419 Interest and Dividend Income 59,299,353 3,356,211 62,655,564

419.1 Allowance for Other Funds Used During 17 Construction 18 421 Miscellaneous Income or Loss ( 59,021,074) ( 59,021,074) 19 421.1 Gain on Disposition of Property 20 421.2 Loss on Disposition Of Property 21 425 Miscellaneous Amortization 22 426.1 Donations 1,205,119 1,205,119 23 426.2 Life Insurance 24 426.3 Penalties

426.4 Expenditures for Certain Civic, Political and 25 Related Activities 2,131,602 2,442,831 4,574,433 26 426.5 Other Deductions 27 427 Interest On Long-Term Debt 28 428 Amortization of Debt Discount and Expense 29 429 Amortization of Premium on Debt - Credit 30 430 Interest on Debt to Associate Companies 31 431 Other Interest Expense 600,000 600,000

432 Allowance for Borrowed Funds Used During 32 Construction

500-509 Total Steam Power Generation Operation 33 Expenses

510-515 Total Steam Power Generation Maintenance 34 Expenses

FERC FORM NO. 60 (REVISED 12-07) Page 303 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020

Account Title of Account Associate Company Associate Company Associate Company Nonassociate Nonassociate Nonassociate Number Direct Cost Indirect Cost Total Cost Company Company Company Line Direct Cost Indirect Cost Total Cost No. (a) (b) (c) (d) (e) (f) (g) (h)

517-525 Total Nuclear Power Generation Operation 35 Expenses 204,497,532 5,413,724 209,911,256

528-532 Total Nuclear Power Generation Maintenance 36 Expenses 42,958,691 1,022,569 43,981,260

535-540.1 Total Hydraulic Power Generation Operation 37 Expenses

541-545.1 Total Hydraulic Power Generation Maintenance 38 Expenses

546-550.1 Total Other Power Generation Operation 39 Expenses 39,929 39,929

551-554.1 Total Other Power Generation Maintenance 40 Expenses 41 555-557 Total Other Power Supply Operation Expenses 42 560 Operation Supervision and Engineering 2,112 2,112 43 561.1 Load Dispatch-Reliability

561.2 Load Dispatch-Monitor and Operate Transmission 44 System

561.3 Load Dispatch-Transmission Service and 45 Scheduling 46 561.4 Scheduling, System Control and Dispatch Services 47 561.5 Reliability Planning and Standards Development 48 561.6 Transmission Service Studies 49 561.7 Generation Interconnection Studies

561.8 Reliability Planning and Standards Development 50 Services 51 562 Station Expenses (Major Only) 52 563 Overhead Line Expenses (Major Only) 53 564 Underground Line Expenses (Major Only) 54 565 Transmission of Electricity by Others (Major Only)

566 Miscellaneous Transmission Expenses (Major 55 Only) 5,014 5,014 56 567 Rents

567.1 Operation Supplies and Expenses (Nonmajor 57 Only) 58 Total Transmission Operation Expenses 7,126 7,126

568 Maintenance Supervision and Engineering (Major 59 Only) 60 569 Maintenance of Structures (Major Only) 3,047 3,047 61 569.1 Maintenance of Computer Hardware 62 569.2 Maintenance of Computer Software 63 569.3 Maintenance of Communication Equipment

569.4 Maintenance of Miscellaneous Regional 64 Transmission Plant 65 570 Maintenance of Station Equipment (Major Only) 66 571 Maintenance of Overhead Lines (Major Only) 67 572 Maintenance of Underground Lines (Major Only)

573 Maintenance of Miscellaneous Transmission Plant 68 (Major Only) 974 974

FERC FORM NO. 60 (REVISED 12-07) Page 304 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020

Account Title of Account Associate Company Associate Company Associate Company Nonassociate Nonassociate Nonassociate Number Direct Cost Indirect Cost Total Cost Company Company Company Line Direct Cost Indirect Cost Total Cost No. (a) (b) (c) (d) (e) (f) (g) (h)

574 Maintenance of Transmission Plant (Nonmajor 69 Only) 70 Total Transmission Maintenance Expenses 4,021 4,021 71 575.1-575.8Total Regional Market Operation Expenses 72 576.1-576.5Total Regional Market Maintenance Expenses 73 580-589 Total Distribution Operation Expenses 74 590-598 Total Distribution Maintenance Expenses Total Electric Operation and Maintenance 75 Expenses 314,238,341 8,377,480 322,615,821

700-798 Production Expenses (Provide selected accounts 76 in a footnote) 77 800-813 Total Other Gas Supply Operation Expenses 78 814-826 Total Underground Storage Operation Expenses

830-837 Total Underground Storage Maintenance 79 Expenses 80 840-842.3 Total Other Storage Operation Expenses 81 843.1-843.9Total Other Storage Maintenance Expenses

844.1-846.2Total Liquefied Natural Gas Terminaling and 82 Processing Operation Expenses

847.1-847.8Total Liquefied Natural Gas Terminaling and 83 Processing Maintenance Expenses 84 850 Operation Supervision and Engineering 85 851 System Control and Load Dispatching.

86 852 Communication System Expenses 87 853 Compressor Station Labor and Expenses 88 854 Gas for Compressor Station Fuel 89 855 Other Fuel and Power for Compressor Stations 90 856 Mains Expenses 91 857 Measuring and Regulating Station Expenses 92 858 Transmission and Compression of Gas By Others 93 859 Other Expenses 94 860 Rents 95 Total Gas Transmission Operation Expenses 96 861 Maintenance Supervision and Engineering 97 862 Maintenance of Structures and Improvements 98 863 Maintenance of Mains 99 864 Maintenance of Compressor Station Equipment

865 Maintenance of Measuring And Regulating Station 100 Equipment 101 866 Maintenance of Communication Equipment 102 867 Maintenance of Other Equipment 103 Total Gas Transmission Maintenance Expenses 104 870-881 Total Distribution Operation Expenses

FERC FORM NO. 60 (REVISED 12-07) Page 305 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020

Account Title of Account Associate Company Associate Company Associate Company Nonassociate Nonassociate Nonassociate Number Direct Cost Indirect Cost Total Cost Company Company Company Line Direct Cost Indirect Cost Total Cost No. (a) (b) (c) (d) (e) (f) (g) (h)

105 885-894 Total Distribution Maintenance Expenses Total Natural Gas Operation and Maintenance 106 Expenses 107 901 Supervision 108 902 Meter reading expenses 109 903 Customer records and collection expenses 110 904 Uncollectible accounts 3,554 3,554 111 905 Miscellaneous customer accounts expenses 112 906 Total Customer Accounts Operation Expenses 3,554 3,554 113 907 Supervision 114 908 Customer assistance expenses

909 Informational And Instructional Advertising 115 Expenses

910 Miscellaneous Customer Service And 116 Informational Expenses Total Service and Informational Operation 117 Accounts 118 911 Supervision 119 912 Demonstrating and Selling Expenses 120 913 Advertising Expenses 121 916 Miscellaneous Sales Expenses 122 Total Sales Operation Expenses 123 920 Administrative and General Salaries 1,756,505 1,088,060 2,844,565 124 921 Office Supplies and Expenses 115,484 11,822 127,306 125 923 Outside Services Employed 618,217 440,603 1,058,820 126 924 Property Insurance 127 925 Injuries and Damages ( 87,858) 197,491 109,633 128 926 Employee Pensions and Benefits 90,773,555 3,334,543 94,108,098 129 928 Regulatory Commission Expenses 1,285 1,285 130 930.1 General Advertising Expenses 131 930.2 Miscellaneous General Expenses 5,119,088 308,466 5,427,554 132 931 Rents 7,587 264,254 271,841 Total Administrative and General Operation 133 Expenses 98,302,578 5,646,524 103,949,102 134 935 Maintenance of Structures and Equipment Total Administrative and General Maintenance 135 Expenses 98,302,578 5,650,078 103,952,656 136 Total Cost of Service 412,540,919 14,027,558 426,568,477

FERC FORM NO. 60 (REVISED 12-07) Page 306 Name of Respondent This Report Is: Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)

Account Title of Account Total Charges for Services Total Charges for Services Total Charges for Services Number Direct Cost Indirect Cost Total Cost Line No. (a) (b) (i) (j) (k)

1 403-403.1 Depreciation Expense 401,840 401,840 2 404-405 Amortization Expense 119,742 119,742 3 407.3-407.4Regulatory Debits/Credits - Net 4 408.1-408.2Taxes Other Than Income Taxes 20,735,754 361,377 21,097,131 5 409.1-409.3Income Taxes 3,646,170 3,646,170 6 410.1-411.2Provision for Deferred Taxes 107,868,590 107,868,590 7 411.1-411.2Provision for Deferred Taxes - Credit 114,816,453 114,816,453 8 411.6 Gain from Disposition of Service Company Plant 9 411.7 Losses from Disposition of Service Company Plant 10 411.4-411.5Investment Tax Credit Adjustment 11 411.10 Accretion Expense

412 Costs and Expenses of Construction or Other 12 Services 44,153,112 3,457,035 47,610,147

416 Costs and Expenses of Merchandising, Jobbing, 13 and Contract Work for Associated Companies 14 418 Non-operating Rental Income 15 418.1 Equity in Earnings of Subsidiary Companies 16 419 Interest and Dividend Income 59,299,353 3,356,211 62,655,564

419.1 Allowance for Other Funds Used During 17 Construction 18 421 Miscellaneous Income or Loss ( 59,021,074) ( 59,021,074) 19 421.1 Gain on Disposition of Property 20 421.2 Loss on Disposition Of Property 21 425 Miscellaneous Amortization 22 426.1 Donations 1,205,119 1,205,119 23 426.2 Life Insurance 24 426.3 Penalties

426.4 Expenditures for Certain Civic, Political and 25 Related Activities 2,131,602 2,442,831 4,574,433 26 426.5 Other Deductions 27 427 Interest On Long-Term Debt 28 428 Amortization of Debt Discount and Expense 29 429 Amortization of Premium on Debt - Credit 30 430 Interest on Debt to Associate Companies 31 431 Other Interest Expense 600,000 600,000

432 Allowance for Borrowed Funds Used During 32 Construction

500-509 Total Steam Power Generation Operation 33 Expenses

510-515 Total Steam Power Generation Maintenance 34 Expenses

FERC FORM NO. 60 (REVISED 12-07) Page 303a Name of Respondent This Report Is:Resubmission Date(Mo, Da, Yr) Year/Period of Report Document Accession #: 20210503-8019 Filed Date: 04/30/2021Entergy Nuclear Operations, Inc. X(1) An OriginalDec 31, (2) A Resubmission / / 2020 Schedule XVI-Analysis of Charges for Service-Associate and Non-Associate Companies (continued)