XML 113 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents [1] $ 241,000,000 $ 4,231,000,000
Bad debt reserve 21,000,000 18,000,000
Accounts receivable 1,249,000,000 1,190,000,000
Prepaid expense and other current assets 161,000,000 192,000,000
Other Assets:    
Regulatory assets $ 2,117,000,000 $ 1,967,000,000
Shareholders’ Equity:    
Cumulative preferred stock par value (in dollars per share) $ 0.01 $ 0.01
Cumulative preferred stock authorized (in shares) 20,000,000 20,000,000
Common stock par value (in dollars per share) $ 0.01 $ 0.01
Common stock authorized (in shares) 1,000,000,000 1,000,000,000
Common stock outstanding (in shares) 502,242,061 501,197,784
Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets:    
Cash and cash equivalents $ 216,000,000 $ 335,000,000
Accounts receivable 26,000,000 56,000,000
Prepaid expense and other current assets 19,000,000 34,000,000
Other Assets:    
Regulatory assets 788,000,000 1,059,000,000
Houston Electric [Member]    
Current Assets:    
Cash and cash equivalents [2] 216,000,000 335,000,000
Prepaid expense and other current assets 49,000,000 61,000,000
Other Assets:    
Regulatory assets 915,000,000 1,124,000,000
Houston Electric [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Current Assets:    
Cash and cash equivalents 216,000,000 335,000,000
Bad debt reserve 1,000,000 1,000,000
Accounts receivable 26,000,000 56,000,000
Prepaid expense and other current assets 19,000,000 34,000,000
Other Assets:    
Regulatory assets 788,000,000 1,059,000,000
CERC Corp [Member]    
Current Assets:    
Cash and cash equivalents 2,000,000 14,000,000
Bad debt reserve 15,000,000 17,000,000
Accounts receivable 693,000,000 894,000,000
Prepaid expense and other current assets 44,000,000 115,000,000
Other Assets:    
Regulatory assets $ 191,000,000 $ 181,000,000
Cumulative Preferred Stock [Member]    
Shareholders’ Equity:    
Cumulative preferred stock par value (in dollars per share) $ 0.01 $ 0.01
Cumulative preferred stock authorized (in shares) 20,000,000 20,000,000
Series A Preferred Stock [Member]    
Shareholders’ Equity:    
Cumulative preferred stock par value (in dollars per share) $ 0.01 $ 0.01
Preferred Stock, Liquidation Preference, Value $ 800,000,000 $ 800,000,000
Cumulative preferred stock outstanding (in shares) 800,000 800,000
Series B Preferred Stock [Member]    
Shareholders’ Equity:    
Cumulative preferred stock par value (in dollars per share) $ 0.01 $ 0.01
Preferred Stock, Liquidation Preference, Value $ 977,500,000 $ 977,500,000
Cumulative preferred stock outstanding (in shares) 977,500 977,500
[1]
CenterPoint Energy’s Cash and cash equivalents as of December 31, 2018 included $3.9 billion of temporary investments resulting from the Merger financings. CenterPoint Energy recorded interest income of $22 million, $28 million and $2 million for the years ended December 31, 2019, 2018 and 2017, respectively, in Other, net on CenterPoint Energy’s Statements of Consolidated Income. See Notes 13 and 14 for further details related to the Merger financings.
[2]
Houston Electric’s Cash and cash equivalents as of December 31, 2019 and 2018 included $216 million and $335 million, respectively, of cash related to the Bond Companies. Houston Electric recorded interest income of $9 million, $4 million and $2 million for the years ended December 31, 2019, 2018 and 2017, respectively, in Other, net on Houston Electric’s Statement of Consolidated Income.