XML 119 R98.htm IDEA: XBRL DOCUMENT v3.24.2
Leases (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
MW
Jun. 30, 2023
USD ($)
Jun. 30, 2024
USD ($)
MW
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Lease, Cost [Abstract]          
Operating lease cost $ 1 $ 1 $ 2 $ 3  
Short-term lease cost 6 13 8 13  
Total lease cost 7 14 10 16  
Operating Leases, Lease Income [Abstract]          
Operating lease income 1 1 3 3  
Variable lease income 1 0 1 1  
Total lease income 2 1 4 4  
Assets and Liabilities, Lessee [Abstract]          
Operating ROU assets 17   17   $ 13
Finance ROU assets 478   478   526
Total leased assets 495   495   539
Current operating lease liability 3   3   3
Non-current operating lease liability 14   14   10
Total leased liabilities $ 17   $ 17   $ 13
Weighted-average remaining lease term (in years) - operating leases 11 years 7 months 6 days   11 years 7 months 6 days   4 years 8 months 12 days
Weighted-average discount rate - operating leases 4.49%   4.49%   4.13%
Weighted-average remaining lease term (in years) - finance leases 5 years   5 years   5 years 6 months
Weighted-average discount rate - finance leases (as a percent) 3.60%   3.60%   3.60%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Other non-current assets   Other non-current assets   Other non-current assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Property, Plant and Equipment, Net   Property, Plant and Equipment, Net   Property, Plant and Equipment, Net
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Other current liabilities   Other current liabilities   Other current liabilities
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Other non-current liabilities   Other non-current liabilities   Other non-current liabilities
Operating Lease Liabilities, Payments Due [Abstract]          
Remainder of 2024 $ 2   $ 2    
2025 4   4    
2026 4   4    
2027 2   2    
2028 1   1    
2029 10   10    
2030 and beyond 1   1    
Total lease payments 24   24    
Less: Interest 7   7    
Present value of lease liabilities 17   17   $ 13
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]          
Remainder of 2024 3   3    
2025 6   6    
2026 7   7    
2027 7   7    
2028 7   7    
2029 7   7    
2030 and beyond 158   158    
Total lease payments to be received 195   195    
Other Information Related to Leases [Abstract]          
Operating cash flows from operating leases included in the measurement of lease liabilities     2 3  
Houston Electric          
Lease Disclosure [Line Items]          
Expenses associated with short-term lease $ 95   $ 95   100
Number of megawatts of mobile generation | MW 505   505    
Escrow deposit $ 88   $ 88    
Expenses associated with long term lease $ 139   $ 139   124
Right to terminate, lease costs refunded (as a percent) 75.00%   75.00%    
Lease, Cost [Abstract]          
Operating lease cost $ 1 0 $ 2 1  
Short-term lease cost 5 14 7 13  
Total lease cost 6 14 9 14  
Operating Leases, Lease Income [Abstract]          
Operating lease income 0 0 0 0  
Variable lease income 0 0 0 0  
Total lease income 0 0 0 0  
Assets and Liabilities, Lessee [Abstract]          
Operating ROU assets 6   6   6
Finance ROU assets 478   478   526
Total leased assets 484   484   532
Current operating lease liability 1   1   1
Non-current operating lease liability 4   4   5
Total leased liabilities $ 5   $ 5   $ 6
Weighted-average remaining lease term (in years) - operating leases 3 years 4 months 24 days   3 years 4 months 24 days   3 years 10 months 24 days
Weighted-average discount rate - operating leases 4.11%   4.11%   4.09%
Weighted-average remaining lease term (in years) - finance leases 5 years   5 years   5 years 6 months
Weighted-average discount rate - finance leases (as a percent) 3.60%   3.60%   3.60%
Operating Lease Liabilities, Payments Due [Abstract]          
Remainder of 2024 $ 1   $ 1    
2025 2   2    
2026 1   1    
2027 1   1    
2028 0   0    
2029 0   0    
2030 and beyond 0   0    
Total lease payments 5   5    
Less: Interest 0   0    
Present value of lease liabilities 5   5   $ 6
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]          
Remainder of 2024 0   0    
2025 1   1    
2026 0   0    
2027 0   0    
2028 0   0    
2029 0   0    
2030 and beyond 0   0    
Total lease payments to be received 1   1    
Other Information Related to Leases [Abstract]          
Operating cash flows from operating leases included in the measurement of lease liabilities     1 1  
CERC          
Lease, Cost [Abstract]          
Operating lease cost 1 1 1 1  
Short-term lease cost 0 0 0 0  
Total lease cost 1 1 1 1  
Operating Leases, Lease Income [Abstract]          
Operating lease income 1 1 2 2  
Variable lease income 0 0 0 0  
Total lease income 1 $ 1 2 2  
Assets and Liabilities, Lessee [Abstract]          
Operating ROU assets 4   4   4
Finance ROU assets 0   0   0
Total leased assets 4   4   4
Current operating lease liability 1   1   1
Non-current operating lease liability 3   3   3
Total leased liabilities $ 4   $ 4   $ 4
Weighted-average remaining lease term (in years) - operating leases 3 years 4 months 24 days   3 years 4 months 24 days   3 years 1 month 6 days
Weighted-average discount rate - operating leases 3.95%   3.95%   3.60%
Weighted-average discount rate - finance leases (as a percent) 0.00%   0.00%   0.00%
Operating Lease Liabilities, Payments Due [Abstract]          
Remainder of 2024 $ 1   $ 1    
2025 2   2    
2026 1   1    
2027 0   0    
2028 0   0    
2029 0   0    
2030 and beyond 0   0    
Total lease payments 4   4    
Less: Interest 0   0    
Present value of lease liabilities 4   4   $ 4
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]          
Remainder of 2024 2   2    
2025 4   4    
2026 5   5    
2027 5   5    
2028 5   5    
2029 6   6    
2030 and beyond 156   156    
Total lease payments to be received $ 183   183    
Other Information Related to Leases [Abstract]          
Operating cash flows from operating leases included in the measurement of lease liabilities     $ 1 $ 1