XML 52 R38.htm IDEA: XBRL DOCUMENT v3.3.1.900
Unaudited Quarterly Information (Tables)
12 Months Ended
Dec. 31, 2015
Unaudited Quarterly Information [Abstract]  
Quarterly financial data
Summarized quarterly financial data is as follows:
 
Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter (1)
 
Fourth
Quarter (2)
 
(in millions)
Revenues
$
1,817

 
$
824

 
$
799

 
$
1,087

Operating income
160

 
27

 
18

 
108

Net income (loss)
109

 
22

 
(508
)
 
(535
)
 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(in millions)
Revenues
$
2,531

 
$
1,183

 
$
964

 
$
1,689

Operating income (loss)
188

 
39

 
(3
)
 
111

Net income
152

 
48

 
28

 
95


(1)
CERC recognized $862 million ($537 million after tax) in impairment charges related to Enable during the three months ended September 30, 2015.

(2)
CERC recognized $984 million ($620 million after tax) in impairment charges related to Enable during the three months ended December 31, 2015.