XML 65 R51.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount $ 0   $ 0    
Fair Value, Liabilities, Level 1 to Level 2 Transfers, Amount 0   0    
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount 0   0    
Fair Value, Liabilities, Level 2 to Level 1 Transfers, Amount 0   0    
Assets          
Derivative Asset, Fair Value, Gross Liability (15,000,000) [1]   (15,000,000) [1] $ (18,000,000) [2]  
Total assets 138,000,000   138,000,000 144,000,000  
Liabilities          
Derivative Liability, Fair Value, Gross Asset (71,000,000) [1]   (71,000,000) [1] (82,000,000) [2]  
Total liabilities 16,000,000   16,000,000 20,000,000  
Cash collateral posted with counterparties 56,000,000   56,000,000 64,000,000  
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Beginning balance     17,000,000 [3] 3,000,000 [3] $ 2,000,000
Total gains     7,000,000 14,000,000 3,000,000
Total settlements     (12,000,000) 1,000,000 (3,000,000)
Transfers out of Level 3     (1,000,000) 0 0
Transfers into Level 3     1,000,000 (1,000,000) 1,000,000
Ending balance (1) [3] 12,000,000   12,000,000 17,000,000 3,000,000
The amount of total gains for the period included in earnings attributable to the change in unrealized gains or losses relating to assets still held at the reporting date     6,000,000 16,000,000 2,000,000
Carrying Amount [Member]          
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Notes receivable - affiliated companies 363,000,000   363,000,000 363,000,000  
Long-term debt 2,353,000,000   2,353,000,000 2,469,000,000  
Fair Value [Member]          
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Notes receivable - affiliated companies 356,000,000   356,000,000 362,000,000  
Long-term debt 2,551,000,000   2,551,000,000 2,772,000,000  
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]          
Assets          
Total assets 17,000,000   17,000,000 20,000,000  
Liabilities          
Total liabilities 13,000,000   13,000,000 22,000,000  
Significant Other Observable Inputs (Level 2) [Member]          
Assets          
Total assets 115,000,000   115,000,000 122,000,000  
Liabilities          
Total liabilities 65,000,000   65,000,000 77,000,000  
Significant Unobservable Inputs (Level 3) [Member]          
Assets          
Total assets 21,000,000   21,000,000 20,000,000  
Liabilities          
Total liabilities 9,000,000   $ 9,000,000 3,000,000  
Options Held [Member] | Maximum [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Option volatilities low range     82.00%    
Options Held [Member] | Minimum [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Option volatilities low range     0.00%    
Forward Contracts [Member] | Maximum [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Illiquid forward price low range     3.29    
Forward Contracts [Member] | Minimum [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Illiquid forward price low range     1.36    
Fair Value, Measurements, Recurring [Member]          
Assets          
Corporate equities 2,000,000   $ 2,000,000 2,000,000  
Investments, including money market funds 11,000,000   11,000,000 11,000,000  
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]          
Assets          
Corporate equities 2,000,000   2,000,000 2,000,000  
Investments, including money market funds 11,000,000   11,000,000 11,000,000  
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]          
Assets          
Corporate equities 0   0 0  
Investments, including money market funds 0   0 0  
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Assets          
Corporate equities 0   0 0  
Investments, including money market funds 0   0 0  
Energy Related Derivative [Member] | Fair Value, Measurements, Recurring [Member]          
Assets          
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset [4] (15,000,000) [1]   (15,000,000) [1] (18,000,000) [2]  
Natural gas derivatives (2) [4] 125,000,000   125,000,000 131,000,000  
Liabilities          
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset (71,000,000) [1],[4]   (71,000,000) [1],[4] (82,000,000) [2]  
Natural gas derivatives (2) 16,000,000 [4]   16,000,000 [4] 20,000,000  
Energy Related Derivative [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]          
Assets          
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement [4] 4,000,000   4,000,000 7,000,000  
Liabilities          
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 13,000,000 [4]   13,000,000 [4] 22,000,000  
Energy Related Derivative [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]          
Assets          
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement [4] 115,000,000   115,000,000 122,000,000  
Liabilities          
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 65,000,000 [4]   65,000,000 [4] 77,000,000  
Energy Related Derivative [Member] | Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]          
Assets          
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement [4] 21,000,000   21,000,000 20,000,000  
Liabilities          
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 9,000,000 [4]   9,000,000 [4] 3,000,000  
Enable Midstream Partners [Member]          
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Calculation Roll Forward          
Equity Method Investment, Other than Temporary Impairment $ 975,000,000 $ 250,000,000 $ 1,225,000,000 $ 0 $ 0
[1] Amounts represent the impact of legally enforceable master netting arrangements that allow CERC to settle positive and negative positions and also include cash collateral of $56 million posted with the same counterparties.
[2] Amounts represent the impact of legally enforceable master netting arrangements that allow CERC to settle positive and negative positions and also include cash collateral of $64 million posted with the same counterparties.
[3] During 2015, 2014 and 2013, CenterPoint Energy did not have significant Level 3 purchases or sales.
[4] Natural gas derivatives include no material amounts related to physical forward transactions with Enable.