XML 17 R48.htm IDEA: XBRL DOCUMENT v2.4.1.9
Derivative Instruments (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Weather Hedges Term 10    
Derivative Asset, Fair Value, Gross Asset $ 149us-gaap_DerivativeFairValueOfDerivativeAsset $ 43us-gaap_DerivativeFairValueOfDerivativeAsset  
Derivative Liability, Fair Value, Gross Liability 102us-gaap_DerivativeFairValueOfDerivativeLiability 30us-gaap_DerivativeFairValueOfDerivativeLiability  
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 46us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet 21us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet (20)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Total fair value of derivative instruments that contain credit risk contingent features that are in a net liability position 2us-gaap_DerivativeNetLiabilityPositionAggregateFairValue 1us-gaap_DerivativeNetLiabilityPositionAggregateFairValue  
Aggregate fair value of assets already posted as collateral 1us-gaap_CollateralAlreadyPostedAggregateFairValue 1us-gaap_CollateralAlreadyPostedAggregateFairValue  
Credit risk contingent feature assets 2us-gaap_AdditionalCollateralAggregateFairValue 1us-gaap_AdditionalCollateralAggregateFairValue  
Credit Risk Derivative Assets, at Fair Value 131us-gaap_CreditRiskDerivativeAssetsAtFairValue 34us-gaap_CreditRiskDerivativeAssetsAtFairValue  
Energy Related Derivative [Member]      
Derivative, Nonmonetary Notional Amount, Volume 804,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
607,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative Assets (Liabilities), at Fair Value, Net 111us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1] 13us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1]  
Collateral Netting 64cerc_CollateralNetting
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
1cerc_CollateralNetting
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative, Fair Value, Net 47us-gaap_DerivativeFairValueOfDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2] 13us-gaap_DerivativeFairValueOfDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2]  
Derivative, fair value, offsets, net 64cerc_DerivativeFairValueOffsetsNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
0cerc_DerivativeFairValueOffsetsNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Current Assets [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 115us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2] 32us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2]  
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (16)us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
(8)us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative Asset 99us-gaap_DerivativeAssets
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1] 24us-gaap_DerivativeAssets
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1]  
Other Noncurrent Assets [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 34us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2] 11us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2]  
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset (2)us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
(1)us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative Asset 32us-gaap_DerivativeAssets
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1] 10us-gaap_DerivativeAssets
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1]  
Current Liabilities [Member] | Energy Related Derivative [Member]      
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement (84)us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2] (25)us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2]  
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset 65us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
8us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative Liability (19)us-gaap_DerivativeLiabilities
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1] (17)us-gaap_DerivativeLiabilities
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1]  
Other Noncurrent Liabilities [Member] | Energy Related Derivative [Member]      
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement (18)us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2] (5)us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[2]  
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset 17us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
1us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
Derivative Liability (1)us-gaap_DerivativeLiabilities
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1] (4)us-gaap_DerivativeLiabilities
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
[1]  
Gains (Losses) in Revenue [Member] | Weather Hedge Swaps [Member]      
Derivative, Gain (Loss) on Derivative, Net (10)us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= cerc_WeatherHedgeSwapsMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
(16)us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= cerc_WeatherHedgeSwapsMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
8us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= cerc_WeatherHedgeSwapsMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
Gains (Losses) in Revenue [Member] | Energy Related Derivative [Member]      
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 35us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
11us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
43us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_SalesMember
Gains (Losses) in Expense: Natural Gas [Member] | Energy Related Derivative [Member]      
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 11us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
[3],[4] 10us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
[3],[4] (63)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
[3],[4]
Not Designated as Hedging Instrument [Member] | Current Assets [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset 101us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 28us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[10],[8],[9]  
Derivative Liability, Fair Value, Gross Liability 1us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 4us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[10],[8],[9]  
Not Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset 32us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 10us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Derivative Liability, Fair Value, Gross Liability 0us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 0us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentAssetsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Not Designated as Hedging Instrument [Member] | Current Liabilities [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset 14us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 4us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Derivative Liability, Fair Value, Gross Liability 83us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 21us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Not Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset 2us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 1us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Derivative Liability, Fair Value, Gross Liability 18us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[5],[6],[7] 5us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_BalanceSheetLocationAxis
= us-gaap_OtherNoncurrentLiabilitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[8],[9]  
Long [Member] | Energy Related Derivative [Member]      
Derivative, Nonmonetary Notional Amount, Volume 60,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_PositionAxis
= us-gaap_LongMember
46,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_PositionAxis
= us-gaap_LongMember
 
Swap [Member] | Long [Member] | Energy Related Derivative [Member]      
Derivative, Nonmonetary Notional Amount, Volume 127,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_PositionAxis
= us-gaap_LongMember
99,000us-gaap_DerivativeNonmonetaryNotionalAmountVolume
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_PositionAxis
= us-gaap_LongMember
 
Retail End Users [Member]      
Credit Risk Derivative Assets, at Fair Value 127us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_RetailEndUsersMember
[11] 21us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_RetailEndUsersMember
[11]  
Financial Institutions [Member]      
Credit Risk Derivative Assets, at Fair Value 0us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_FinancialInstitutionsMember
9us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_FinancialInstitutionsMember
 
Energy Marketers [Member]      
Credit Risk Derivative Assets, at Fair Value 4us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_EnergyMarketersMember
4us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_EnergyMarketersMember
 
Enable Midstream Partners [Member] | Forward Contracts [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset   1us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_CounterpartyNameAxis
= cerc_EnableMidstreamPartnersMember
/ us-gaap_DerivativeByNatureAxis
= us-gaap_ForwardContractsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
 
2014To2015 [Member]      
Weather Hedge, Bilateral Cap Amount 16cerc_WeatherHedgeBilateralCapAmount
/ cerc_WeatherHedgeTermAxis
= cerc_A2014To2015Member
   
2013To2014 [Member]      
Weather Hedge, Bilateral Cap Amount 16cerc_WeatherHedgeBilateralCapAmount
/ cerc_WeatherHedgeTermAxis
= cerc_A2013To2014Member
   
2012To2013 [Member]      
Weather Hedge, Bilateral Cap Amount 15cerc_WeatherHedgeBilateralCapAmount
/ cerc_WeatherHedgeTermAxis
= cerc_A2012To2013Member
   
Enable Midstream Partners [Member] | Forward Contracts [Member] | Gains (Losses) in Expense: Natural Gas [Member] | Energy Related Derivative [Member]      
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 2us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeByNatureAxis
= us-gaap_ForwardContractsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= cerc_EnableMidstreamPartnersMember
(2)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeByNatureAxis
= us-gaap_ForwardContractsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= cerc_EnableMidstreamPartnersMember
 
Enable Midstream Partners [Member] | Forward Contracts [Member] | Not Designated as Hedging Instrument [Member] | Current Assets [Member] | Energy Related Derivative [Member]      
Derivative Asset, Fair Value, Gross Asset   1us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_BalanceSheetLocationAxis
= cerc_CurrentAssetsMember
/ us-gaap_DerivativeByNatureAxis
= us-gaap_ForwardContractsMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= cerc_EnableMidstreamPartnersMember
 
External Credit Rating, Investment Grade [Member]      
Credit Risk Derivative Assets, at Fair Value 4us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12] 3us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12]  
External Credit Rating, Investment Grade [Member] | Retail End Users [Member]      
Credit Risk Derivative Assets, at Fair Value 2us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_RetailEndUsersMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[11],[12] 1us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_RetailEndUsersMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[11],[12]  
External Credit Rating, Investment Grade [Member] | Financial Institutions [Member]      
Credit Risk Derivative Assets, at Fair Value 0us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_FinancialInstitutionsMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12] 1us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_FinancialInstitutionsMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12]  
External Credit Rating, Investment Grade [Member] | Energy Marketers [Member]      
Credit Risk Derivative Assets, at Fair Value 2us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_EnergyMarketersMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12] 1us-gaap_CreditRiskDerivativeAssetsAtFairValue
/ us-gaap_CounterpartyNameAxis
= cerc_EnergyMarketersMember
/ us-gaap_ExternalCreditRatingByGroupingAxis
= us-gaap_ExternalCreditRatingInvestmentGradeMember
[12]  
Natural Gas Distribution [Member] | Price Stabilization Activities [Member] | Gains (Losses) in Expense: Natural Gas [Member] | Energy Related Derivative [Member]      
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net $ 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeByNatureAxis
= cerc_PriceStabilizationActivitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementBusinessSegmentsAxis
= cerc_NaturalGasDistributionMember
$ 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeByNatureAxis
= cerc_PriceStabilizationActivitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementBusinessSegmentsAxis
= cerc_NaturalGasDistributionMember
$ (38)us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
/ us-gaap_DerivativeByNatureAxis
= cerc_PriceStabilizationActivitiesMember
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_EnergyRelatedDerivativeMember
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementBusinessSegmentsAxis
= cerc_NaturalGasDistributionMember
[1] The derivative assets and liabilities on the Consolidated Balance Sheets exclude accounts receivable or accounts payable that, should they exist, could be used as offsets to these balances in the event of a default.
[2] Gross amounts recognized include some derivative assets and liabilities that are not subject to master netting arrangements.
[3] The Gains (Losses) in Expense: Natural Gas includes $2 million and $(2) million during the years ended December 31, 2014 and 2013, respectively, related to physical forwards purchased from Enable.
[4] The Gains (Losses) in Expense: Natural Gas includes $-0-, $-0- and $(38) million of costs in 2014, 2013 and 2012, respectively, associated with price stabilization activities of the Natural Gas Distribution business segment that will be ultimately recovered through purchased gas adjustments.
[5] The fair value shown for natural gas contracts is comprised of derivative gross volumes totaling 804 billion cubic feet (Bcf) or a net 60 Bcf long position. Of the net long position, basis swaps constitute 127 Bcf.
[6] Natural gas contracts are presented on a net basis in the Consolidated Balance Sheets. Natural gas contracts are subject to master netting arrangements. This netting applies to all undisputed amounts due or past due and causes derivative assets (liabilities) to be ultimately presented net in a liability (asset) account within the Consolidated Balance Sheets. The net of total non-trading derivative assets and liabilities was a $111 million asset as shown on CERC’s Consolidated Balance Sheets (and as detailed in the table below), and was comprised of the natural gas contracts derivative assets and liabilities separately shown above offset by collateral netting of $64 million.
[7] Derivative Assets and Derivative Liabilities include no material amounts related to physical forward transactions with Enable.
[8] Natural gas contracts are presented on a net basis in the Consolidated Balance Sheets. Natural gas contracts are subject to master netting arrangements. This netting applies to all undisputed amounts due or past due and causes derivative assets (liabilities) to be ultimately presented net in a liability (asset) account within the Consolidated Balance Sheets. The net of total non-trading derivative assets and liabilities was a $13 million asset as shown on CERC’s Consolidated Balance Sheets (and as detailed in the table below), and was comprised of the natural gas contracts derivative assets and liabilities separately shown above, offset by collateral netting of less than $1 million.
[9] The fair value shown for natural gas contracts is comprised of derivative gross volumes totaling 607 Bcf or a net 46 Bcf long position. Of the net long position, basis swaps constitute 99 Bcf.
[10] The $28 million Derivative Current Asset includes $1 million related to physical forwards purchased from Enable.
[11] End users are comprised primarily of customers who have contracted to fix the price of a portion of their physical gas requirements for future periods.
[12] “Investment grade” is primarily determined using publicly available credit ratings, and considers credit support (including parent company guarantees) and collateral (including cash and standby letters of credit). For unrated counterparties, CERC determines a synthetic credit rating by performing financial statement analysis, and considers contractual rights and restrictions and collateral.