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Income Taxes
9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes

The effective tax rate reported for the three months ended September 30, 2015 was 37% compared to 35% for the same period in 2014. For the three months ended September 30, 2014, CERC recognized a tax benefit of $2 million based on the reversal of previously accrued taxes as a result of CenterPoint Energy’s filing of its 2013 consolidated federal income tax return. The effective tax rate reported for the nine months ended September 30, 2015 was 37% compared to 38% for the same period in 2014. The impairment loss reduced the deferred tax liability on CERC’s investment in Enable.

CERC reported no uncertain tax liability as of September 30, 2015 and expects no significant change to the uncertain tax liability over the twelve-month period ending September 30, 2016. Tax years through 2013 have been audited and settled with the Internal Revenue Service (IRS). For 2014 and 2015, CenterPoint Energy is a participant in the IRS’s Compliance Assurance Process.