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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Net income $ 248 $ 496
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 982 749
Amortization of deferred financing costs 34 18
Deferred income taxes 33 185
Unrealized gain on marketable securities (66) (104)
Loss on indexed debt securities 316 59
Write-down of natural gas inventory 2 0
Equity in earnings of unconsolidated affiliate, net of distributions (15) (199)
Pension contributions (67) (46)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 355 216
Inventory (10) (52)
Taxes receivable (38) 30
Accounts payable (262) (137)
Fuel cost recovery 53 (30)
Non-trading derivatives, net 63 (53)
Margin deposits, net 2 (49)
Interest and taxes accrued (53) 2
Net regulatory assets and liabilities 44 (135)
Other current assets 11 18
Other current liabilities 16 19
Other assets (3) (3)
Other liabilities 24 28
Other, net 10 16
Net cash provided by operating activities 1,679 1,028
Cash Flows from Investing Activities:    
Capital expenditures (1,121) (994)
Acquisitions, net of cash acquired 0 (132)
Distributions from unconsolidated affiliate in excess of cumulative earnings 30 223
Proceeds from sale of marketable securities 398 0
Other, net 19 6
Net cash used in investing activities (674) (897)
Cash Flows from Financing Activities:    
Increase (decrease) in short-term borrowings, net (39) 13
Payments of commercial paper, net (1,551) (428)
Proceeds from long-term debt, net 997 1,096
Payments of long-term debt (368) (597)
Debt issuance costs (36) (13)
Payment of dividends on Common Stock (360) (346)
Proceeds from issuance of Series A Preferred Stock, net 790 0
Distribution to ZENS note holders (398) 0
Other, net (5) (4)
Net cash used in financing activities (970) (279)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 35 (148)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 296 381
Cash, Cash Equivalents and Restricted Cash at End of Period 331 233
Cash and Cash Equivalents at Beginning of Period 260  
Cash and Cash Equivalents at End of Period 293  
Houston Electric [Member]    
Cash Flows from Operating Activities:    
Net income 296 223
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 737 525
Amortization of deferred financing costs 8 10
Deferred income taxes (24) 29
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net (95) (131)
Accounts receivable/payable–affiliated companies (12) (49)
Inventory (10) (3)
Taxes receivable (9) 6
Accounts payable (6) 105
Interest and taxes accrued (50) (28)
Net regulatory assets and liabilities (66) (149)
Other current assets 13 8
Other current liabilities (9) 25
Other assets 4 1
Other liabilities 16 (1)
Other, net (5) (4)
Net cash provided by operating activities 788 567
Cash Flows from Investing Activities:    
Capital expenditures (678) (603)
Decrease in notes receivable–affiliated companies 0 29
Other, net 15 5
Net cash used in investing activities (663) (569)
Cash Flows from Financing Activities:    
Proceeds from long-term debt, net 398 298
Payments of long-term debt (368) (347)
Decrease in notes payable–affiliated companies 15 0
Dividend to parent (123) (87)
Debt issuance costs (4) (3)
Contribution from parent 0 0
Other, net 0 0
Net cash used in financing activities (82) (139)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 43 (141)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 274 381
Cash, Cash Equivalents and Restricted Cash at End of Period 317 240
Cash and Cash Equivalents at Beginning of Period 238  
Cash and Cash Equivalents at End of Period 279  
CERC Corp [Member]    
Cash Flows from Operating Activities:    
Net income 175 239
Less: Income from discontinued operations, net of tax 140 124
Income from continuing operations 35 115
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 222 202
Amortization of deferred financing costs 7 7
Deferred income taxes 6 69
Write-down of natural gas inventory 2 0
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 449 346
Accounts receivable/payable–affiliated companies 0 (1)
Inventory 1 (49)
Accounts payable (261) (227)
Fuel cost recovery 53 (30)
Non-trading derivatives, net 60 (51)
Margin deposits, net 2 (49)
Interest and taxes accrued (9) (13)
Net regulatory assets and liabilities 73 (28)
Other current assets 7 16
Other current liabilities 24 (5)
Other assets 5 5
Other liabilities (2) 4
Other, net 0 1
Net cash provided by operating activities from continuing operations 674 312
Net cash provided by operating activities from discontinued operations 176 0
Net cash provided by operating activities 850 312
Cash Flows from Investing Activities:    
Capital expenditures (411) (373)
Acquisitions, net of cash acquired 0 (132)
Other, net 5 2
Net cash used in investing activities from continuing operations (406) (503)
Net cash provided by investing activities from discontinued operations 47 223
Net cash used in investing activities (359) (280)
Cash Flows from Financing Activities:    
Increase (decrease) in short-term borrowings, net (39) 13
Payments of commercial paper, net (800) (40)
Proceeds from long-term debt, net 599 298
Decrease in notes payable–affiliated companies (570) 0
Dividend to parent (286) (337)
Debt issuance costs (5) (4)
Contribution from parent 600 38
Other, net (1) 0
Net cash used in financing activities from continuing operations (502) (32)
Net cash provided by financing activities from discontinued operations 0 0
Net cash used in financing activities (502) (32)
Net Decrease in Cash and Cash Equivalents (11) 0
Cash and Cash Equivalents at Beginning of Period 12 1
Cash and Cash Equivalents at End of Period $ 1 $ 1