Held for Sale and Divestitures (CenterPoint Energy and CERC) (Tables)

6 Months Ended

Jun. 30, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The assets and liabilities of the Louisiana and Mississippi natural gas LDC businesses classified as held for sale in CenterPoint Energy’s and CERC’s Condensed Consolidated Balance Sheets, as applicable, included the following:

	June 30, 2024
	CenterPoint Energy		CERC
	(in millions)
Receivables, net	$	15	$	15
Accrued unbilled revenues	11		11
Natural gas inventory	3		3
Materials and supplies	14		14
Property, plant and equipment, net	1,008		1,008
Goodwill	217		122
Regulatory assets	55		55
Other	2		2
Total current assets held for sale	$	1,325	$	1,230
Accounts payable	$	20	$	20
Customer deposits	14		14
Regulatory liabilities	92		92
Other	92		92
Total current liabilities held for sale	$	218	$	218

The pre-tax income for the Louisiana and Mississippi natural gas LDC businesses, excluding interest and corporate allocations, included in CenterPoint Energy’s and CERC’s Condensed Statements of Consolidated Income is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in millions)
Income Before Income Taxes	$	3	$	3	$	44	$	35

The pre-tax loss for Energy Systems Group, excluding interest and corporate allocations, included in CenterPoint Energy’s Condensed Statements of Consolidated Income is as follows:

	Three Months Ended June 30, 2023		Six Months Ended June 30, 2023
	(in millions)
Income (Loss) Before Income Taxes	$	2	$	(4)