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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Utility revenues $ 2,073 $ 2,171
Non-utility revenues 94 58
Total 2,167 2,229
Expenses:    
Utility natural gas, fuel and purchased power 609 797
Non-utility cost of revenues, including natural gas 64 47
Operation and maintenance 674 748
Depreciation and amortization 282 300
Taxes other than income taxes 136 126
Goodwill Impairment 185 0
Total 1,950 2,018
Operating Income 217 211
Other Income (Expense):    
Gain (loss) on marketable securities (144) 83
Gain (loss) on indexed debt securities 135 (86)
Interest expense and other finance charges (139) (121)
Interest expense on Securitization Bonds (8) (12)
Equity in earnings (loss) of unconsolidated affiliates, net (1,475) 62
Interest Income 0 12
Interest income from Securitization Bonds 1 2
Other income (expense), net 13 6
Total (1,617) (54)
Income (Loss) from Continuing Operations before Income Taxes (1,400) 157
Income tax expense (benefit) (347) 14
Income (Loss) from Continuing Operations (1,053) 143
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (146) 26
Net Income (Loss) (1,199) 169
Preferred stock dividend requirement 29 29
Income (Loss) Available to Common Shareholders $ (1,228) $ 140
Basic earnings (loss) per common share - continuing operations $ (2.15) $ 0.23
Basic earnings (loss) per common share - discontinued operations (0.29) 0.05
Basic Earnings (Loss) Per Common Share (2.44) 0.28
Earnings Per Share, Diluted [Abstract]    
Diluted earnings (loss) per common share - continuing operations (2.15) 0.23
Diluted earnings (loss) per common share - discontinued operations (0.29) 0.05
Diluted Earnings (Loss) Per Common Share $ (2.44) $ 0.28
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share [Abstract]    
Weighted Average Common Shares Outstanding, Basic 502,388,000 501,521,000
Weighted Average Common Shares Outstanding, Diluted 502,388,000 503,944,000
Houston Electric [Member]    
Revenues:    
Total $ 634 $ 686
Expenses:    
Operation and maintenance 359 368
Depreciation and amortization 129 175
Taxes other than income taxes 64 62
Total 552 605
Operating Income 82 81
Other Income (Expense):    
Interest expense and other finance charges (41) (40)
Interest expense on Securitization Bonds (8) (12)
Interest Income 1 4
Interest income from Securitization Bonds 1 2
Other income (expense), net 3 (2)
Total (44) (48)
Income (Loss) from Continuing Operations before Income Taxes 38 33
Income tax expense (benefit) 5 6
Net Income (Loss) 33 27
CERC Corp [Member]    
Revenues:    
Utility revenues 996 1,195
Non-utility revenues 15 17
Total 1,011 1,212
Expenses:    
Utility natural gas, fuel and purchased power 472 687
Non-utility cost of revenues, including natural gas 6 10
Operation and maintenance 209 233
Depreciation and amortization 74 73
Taxes other than income taxes 50 49
Total 811 1,052
Operating Income 200 160
Other Income (Expense):    
Interest expense and other finance charges (30) (29)
Interest Income 0 0
Other income (expense), net (4) (3)
Total (34) (32)
Income (Loss) from Continuing Operations before Income Taxes 166 128
Income tax expense (benefit) 35 18
Income (Loss) from Continuing Operations 131 110
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent (64) 28
Net Income (Loss) $ 67 $ 138