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[Table of Contents](#i6266d2788e5849989ad57be380853c2d_7)Entergy Corporation and SubsidiariesNotes to Financial Statements  
of $74.45 per share as adjusted in accordance with the forward sale agreements. Entergy incurred approximately $728 thousand of common stock issuance costs with the settlement.  
In May 2019, Entergy physically settled its remaining obligations under the forward sale agreements by delivering 8,448,171 shares of common stock in exchange for cash proceeds of $608 million. The forward sale price used to determine the cash proceeds received by Entergy was calculated based on the initial forward sale price of $74.45 per share as adjusted in accordance with the forward sale agreements. Entergy incurred approximately $7 thousand of common stock issuance costs with the settlement.  
Entergy used the net proceeds for general corporate purposes, which included repayment of commercial paper, outstanding loans under Entergy’s revolving credit facility, and other debt.  
Retained Earnings and Dividends  
Entergy implemented ASU No. 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities” effective January 1, 2019. The ASU makes a number of amendments to hedge accounting, most significantly changing the recognition and presentation of highly effective hedges. Entergy implemented this standard using a modified retrospective method and recorded an adjustment increasing retained earnings and increasing accumulated other comprehensive loss by approximately $8 million as of January 1, 2019 for the cumulative effect of the ineffectiveness portion of designated hedges on nuclear power sales.  
Entergy implemented ASU 2017-08 “Receivables (Topic 310): Nonrefundable Fees and Other Costs” effective January 1, 2019. The ASU amends the amortization period for certain purchased callable debt securities held at a premium to the earliest call date. Entergy implemented this standard using the modified retrospective approach and recorded an adjustment decreasing retained earnings and decreasing accumulated other comprehensive loss by approximately $1 million as of January 1, 2019 for the cumulative effect of the amended amortization period.  
Entergy Corporation received dividend payments and distributions from subsidiaries totaling $136 million in 2021, $113 million in 2020, and $124 million in 2019.  
Comprehensive Income  
Accumulated other comprehensive income (loss) is included in the equity section of the balance sheets of Entergy and Entergy Louisiana. The following table presents changes in accumulated other comprehensive income (loss) for Entergy for the year ended December 31, 2021 by component:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|   | Cash flowhedgesnetunrealizedgain (loss) |  | Pensionandotherpostretirementliabilities |  | Netunrealizedinvestmentgain (loss) |  | Total AccumulatedOtherComprehensiveIncome (Loss) |
|  | (In Thousands) |
|  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |
| Beginning balance, January 1, 2021 | $28,719  |  |  | ($534,576) |  |  | $56,650  |  |  | ($449,207) |  |
| Other comprehensive income (loss) before reclassifications | 1,439  |  |  | 130,371  |  |  | (48,050) |  |  | 83,760  |  |
| Amounts reclassified from accumulated other comprehensive income (loss) | (31,193) |  |  | 65,558  |  |  | (1,446) |  |  | 32,919  |  |
| Net other comprehensive income (loss) for the period | (29,754) |  |  | 195,929  |  |  | (49,496) |  |  | 116,679  |  |
| Ending balance, December 31, 2021 | ($1,035) |  |  | ($338,647) |  |  | $7,154  |  |  | ($332,528) |  |

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