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Unconsolidated Affiliates (Tables)
3 Months Ended
Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Summary Investment Holdings [Table Text Block]
 
 
March 31, 2014
 
December 31, 2013
 
 
(in millions)
Enable
 
$
4,340

 
$
4,319

SESH
 
200

 
199

  Total
 
$
4,540

 
$
4,518

Schedule of Equity in Earning of Unconsolidated Affiliates [Table Text Block]
 
 
Three Months Ended March 31,
 
 
2014
 
2013
 
 
(in millions)
Enable
 
$
88

 
$

SESH (1)
 
3

 
5

 
 
$
91

 
$
5

(1)
On May 1, 2013, CERC contributed a 24.95% interest in SESH to Enable, leaving CERC with a 25.05% interest in SESH.

Summarized consolidated income information for Enable for the three months ended March 31, 2014 is as follows (in millions):
Operating revenues
 
$
1,002

Cost of sales, excluding depreciation and amortization
 
633

Operating income
 
162

Net income attributable to Enable
 
149

 
 
 
CERC's approximate 58.3% interest
 
$
87

Basis difference accretion gain
 
1

CERC's approximate 58.3% interest, net
 
$
88

Schedule of Balance Sheet of Unconsolidated Affiliate [Table Text Block]
Current assets
 
$
500

Non-current assets
 
10,758

Current liabilities
 
1,039

Non-current liabilities
 
2,002

Non-controlling interest
 
34

Enable Partner's capital
 
8,183

 
 
 
CERC's approximate 58.3% interest, net
 
$
4,773

CERC's basis difference
 
(433
)
CERC's investment in Enable
 
$
4,340

Schedule of Basis Difference of Unconsolidated Affiliates [Table Text Block]
Basis difference attributable to goodwill as of Closing Date (1)
 
$
229

Basis difference to be accreted over 30 years as of Closing Date
 
210

Total basis difference as of Closing Date
 
439

 
 
 
Accumulated accretion of basis difference as of March 31, 2014
 
(6
)
CERC's basis difference in Enable as of March 31, 2014
 
$
433


(1)
This difference related to CERC’s proportionate share of Enable’s goodwill arising from Enable's acquisition of Enogex, and therefore will not be recognized by CERC.