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Equity (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Dividends Declared
Dividends Declared
Per Share
Dividends Paid
Per Share
Three Months Ended September 30,Nine Months Ended September 30,Three Months Ended September 30,Nine Months Ended September 30,
20222021202220212022202120222021
Common Stock$0.360 $0.330 $0.530 $0.490 $0.180 $0.160 $0.520 $0.480 
Series A Preferred Stock30.625 30.625 30.625 30.625 30.625 30.625 61.250 61.250 
Series B Preferred Stock— 17.500 — 35.000 — 17.500 — 52.500 
Series C Preferred Stock (1)
— — — — — — — 0.160 
(1)The Series C Preferred Stock was entitled to participate in any dividend or distribution (excluding those payable in Common Stock) with the Common Stock on a pari passu, pro rata, as-converted basis. The per share amount reflects the dividend per share of Common Stock as if the Series C Preferred Stock were converted into Common Stock. All of the outstanding Series C Preferred Stock was converted to Common Stock during April and May 2021
Schedule of Preferred Stock
Preferred Stock (CenterPoint Energy)

Liquidation Preference Per ShareShares Outstanding as ofOutstanding Value as of
September 30, 2022December 31, 2021September 30, 2022December 31, 2021
(in millions, except shares and per share amounts)
Series A Preferred Stock$1,000 800,000 800,000 $790 $790 
800,000 800,000 $790 $790 
Schedule of Dividend Requirement on Preferred Stock
Income Allocated to Preferred Shareholders (CenterPoint Energy)
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
(in millions)
Series A Preferred Stock$13 $12 $37 $37 
Series B Preferred Stock— 11 — 45 
Total income allocated to preferred shareholders
$13 $23 $37 $82 
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated comprehensive income (loss) are as follows:
Three Months Ended September 30,
20222021
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Beginning Balance$(85)$— $10 $(85)$— $10 
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans
(10)— — — — — 
Amounts reclassified from accumulated other comprehensive income (loss):
Prior service cost (1)
— — — — — 
Actuarial losses (1)
— — — — 
Settlement (2)
— — — — 
Reclassification of deferred loss from cash flow hedges realized in net income— — — — — 
Tax benefit (expense)— — (1)— — 
Net current period other comprehensive income (loss)— — — — 
Ending Balance$(83)$— $10 $(80)$— $10 
Nine Months Ended September 30,
20222021
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Beginning Balance$(64)$— $10 $(90)$— $10 
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans
(44)— — — — — 
Other comprehensive income (loss) from unconsolidated affiliates— — — — — 
Amounts reclassified from accumulated other comprehensive income (loss):
Prior service cost (1)
— — — — 
Actuarial losses (1)
— — — — 
Settlement (2)
14 — — — — 
Reclassification of deferred loss from cash flow hedges realized in net income— — — — 
Tax benefit (expense)— — (2)— — 
Net current period other comprehensive income (loss)(19)— — 10 — — 
Ending Balance$(83)$— $10 $(80)$— $10 

(1)Amounts are included in the computation of net periodic cost and are reflected in Other income, net in each of the Registrants’ respective Condensed Statements of Consolidated Income.
(2)Amounts presented represent a one-time, non-cash settlement cost (benefit), prior to regulatory deferrals, which are required when the total lump sum distributions or other settlements of plan benefit obligations during a plan year exceed the service cost and interest cost components of the net periodic cost for that year. Amounts presented in the table above are included in Other income (expense), net in CenterPoint Energy’s Condensed Statements of Consolidated Income, net of regulatory deferrals.