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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following tables disaggregate revenues by reportable segment and major source:

CenterPoint Energy



	Three Months Ended March 31, 2020
	Houston Electric T&D		Indiana Electric Integrated		Natural Gas Distribution		Corporate and Other		Total
	(in millions)
Revenue from contracts	$	638	$	129	$	1,293	$	81	$	2,141
Other (1)	—		—		25		1		26
Total revenues	$	638	$	129	$	1,318	$	82	$	2,167



	Three Months Ended March 31, 2019
	Houston Electric T&D			Indiana Electric Integrated (2)		Natural Gas Distribution (2)		Corporate and Other (2)		Total
	(in millions)
Revenue from contracts	$	690		$	83	$	1,413	$	41	$	2,227
Other (1)	(1		)	—		2		1		2
Total revenues	$	689		$	83	$	1,415	$	42	$	2,229


(1)	Primarily consists of income from ARPs, weather hedge gains (losses) and leases. ARPs are contracts between the utility and its regulators, not between the utility and a customer. The Registrants recognize ARP revenue as other revenues when the regulator-specified conditions for recognition have been met. Upon recovery of ARP revenue through incorporation

in rates charged for utility service to customers, ARP revenue is reversed and recorded as revenue from contracts with customers. The recognition of ARP revenues and the reversal of ARP revenues upon recovery through rates charged for utility service may not occur in the same period. Total lease income was $1 million and $2 million for the three months ended March 31, 2020 and 2019, respectively.


(2)	Reflects revenues from Vectren subsidiaries for the period from February 1, 2019 to March 31, 2019.

Houston Electric



	Three Months Ended March 31,
	2020			2019
	(in millions)
Revenue from contracts	$	638		$	690
Other (1)	(4		)	(4		)
Total revenues	$	634		$	686

(1)

Primarily consists of income from ARPs, weather hedge gains (losses) and leases. ARPs are contracts between the utility and its regulators, not between the utility and a customer. The Registrants recognize ARP revenue as other revenues when the regulator-specified conditions for recognition have been met. Upon recovery of ARP revenue through incorporation in rates charged for utility service to customers, ARP revenue is reversed and recorded as revenue from contracts with customers. The recognition of ARP revenues and the reversal of ARP revenues upon recovery through rates charged for utility service may not occur in the same period. Lease income was not significant for the three months ended March 31, 2020 and 2019.

CERC



	Three Months Ended March 31,
	2020						2019
	Natural Gas Distribution		Corporate and Other		Total		Natural Gas Distribution		Corporate and Other		Total
	(in millions)
Revenue from contracts	$	981	$	3	$	984	$	1,205	$	1	$	1,206
Other (1)	27		—		27		6		—		6
Total revenues	$	1,008	$	3	$	1,011	$	1,211	$	1	$	1,212

(1)

Contract with Customer, Asset and Liability [Table Text Block]

The opening and closing balances of accounts receivable, other accrued unbilled revenue, contract assets and contract liabilities from contracts with customers from continuing operations for the three months ended March 31, 2020 are as follows:

CenterPoint Energy



	Accounts Receivable		Other Accrued Unbilled Revenues			Contract Assets		Contract Liabilities
	(in millions)
Opening balance as of December 31, 2019	$	566	$	469		$	6	$	30
Closing balance as of March 31, 2020	612		320			13		23
Increase (decrease)	$	46	$	(149	)	$	7	$	(7	)

The amount of revenue recognized in the three-month period ended March 31, 2020 that was included in the opening contract liability was $25 million. The difference between the opening and closing balances of the contract liabilities primarily results from the timing difference between CenterPoint Energy’s performance and the customer’s payment.

Houston Electric



	Accounts Receivable			Other Accrued Unbilled Revenues			Contract Liabilities
	(in millions)
Opening balance as of December 31, 2019	$	210		$	117		$	3
Closing balance as of March 31, 2020	209			92			8
Increase	$	(1	)	$	(25	)	$	5

The amount of revenue recognized in the three-month period ended March 31, 2020 that was included in the opening contract liability was $1 million. The difference between the opening and closing balances of the contract liabilities primarily results from the timing difference between Houston Electric’s performance and the customer’s payment.

CERC



	Accounts Receivable		Other Accrued Unbilled Revenues
	(in millions)
Opening balance as of December 31, 2019	$	222	$	249
Closing balance as of March 31, 2020	265		140
Decrease	$	43	$	(109	)

CERC does not have any opening or closing contract asset or contract liability balances.

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

Remaining Performance Obligations (CenterPoint Energy). The table below discloses (1) the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting

period for contracts and (2) when CenterPoint Energy expects to recognize this revenue. Such contracts include energy performance and sustainable infrastructure services contracts of ESG, which are included in Corporate and Other.



	Rolling 12 Months		Thereafter		Total
	(in millions)
Revenue expected to be recognized on contracts in place as of March 31, 2020:
Corporate and Other	$	218	$	569	$	787
	$	218	$	569	$	787