Equity (CenterPoint Energy) (Tables)

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

CenterPoint Energy declared and paid dividends on its Common Stock during 2022, 2021 and 2020 as presented in the table below:


	Dividends Declared Per Share						Dividends Paid Per Share
	2022		2021		2020 (2)		2022		2021		2020 (2)
Common Stock	$	0.7200	$	0.6600	$	0.9000	$	0.7000	$	0.6500	$	0.7400
Series A Preferred Stock	61.2500		61.2500		91.8750		61.2500		61.2500		61.2500
Series B Preferred Stock	—		35.0000		87.5000		—		52.5000		70.0000
Series C Preferred Stock (1)	—		—		0.6100		—		0.1600		0.4500

(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 2021 as described below.

(2)On April 1, 2020, in response to the reduction in cash flow related to the reduction in Enable quarterly common unit distributions announced by Enable on April 1, 2020, CenterPoint Energy announced a reduction of its quarterly Common Stock dividend per share from $0.2900 to $0.1500.

Preferred Stock (CenterPoint Energy)


	Liquidation Preference Per Share		Shares Outstanding as of December 31,			Outstanding Value as of December 31,
			2022	2021	2020	2022		2021		2020
	(in millions, except shares and per share amount)
Series A Preferred Stock	$	1,000	800,000	800,000	800,000	$	790	$	790	$	790
Series B Preferred Stock	1,000		—	—	977,400	—		—		950
Series C Preferred Stock	1,000		—	—	625,000	—		—		623
			800,000	800,000	2,402,400	$	790	$	790	$	2,363

Dividend Requirement on Preferred Stock


	Year Ended December 31,
	2022		2021		2020
	(in millions)
Series A Preferred Stock	$	49	$	49	$	49
Series B Preferred Stock	—		46		68
Series C Preferred Stock	—		—		27
Preferred dividend requirement	49		95		144
Amortization of beneficial conversion feature	—		—		32
Total income allocated to preferred shareholders	$	49	$	95	$	176

Schedule of Accumulated Other Comprehensive Income (Loss)

Amounts recognized in accumulated other comprehensive loss (gain) consist of the following:


	December 31,
	2022						2021
	Pension Benefits		Postretirement Benefits				Pension Benefits		Postretirement Benefits
	CenterPoint Energy		CenterPoint Energy		CERC		CenterPoint Energy		CenterPoint Energy		CERC
	(in millions)
Unrecognized actuarial loss (gain)	$	70	$	(36)	$	(28)	$	99	$	(23)	$	(18)
Unrecognized prior service cost	—		13		11		—		13		12

Net amount recognized in accumulated other comprehensive loss (gain)	$	70	$	(23)	$	(17)	$	99	$	(10)	$	(6)

Changes in accumulated comprehensive income (loss) are as follows:


	Year Ended December 31,
	2022						2021
	CenterPoint Energy		Houston Electric		CERC		CenterPoint Energy		Houston Electric		CERC
	(in millions)
Beginning Balance	$	(64)	$	—	$	10	$	(90)	$	—	$	10
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans	(40)		—		10		16		—		—


Other comprehensive income (loss) from unconsolidated affiliates	—		—		—		3		—		—
Amounts reclassified from accumulated other comprehensive loss:
Prior service cost (1)	(1)		—		(1)		1		—		1
Actuarial losses (1)	8		—		1		7		—		—
Settlement (2)	67		—		—		4		—		—
Reclassification of deferred loss from cash flow hedges realized in net income	1		—		—		2		—		—

Tax benefit (expense)	(2)		—		(4)		(7)		—		(1)
Net current period other comprehensive income (loss)	33		—		6		26		—		—

Ending Balance	$	(31)	$	—	$	16	$	(64)	$	—	$	10

(1)Amounts are included in the computation of net periodic cost and are reflected in Other, net in each of the Registrants’ respective 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 Statements of Consolidated Income, net of regulatory deferrals.