XML 27 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reportable Business Segments (Tables)
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Financial data for business segments is as follows (in millions):
 
For the Three Months Ended June 30, 2014
 
 
Revenues from
External
Customers
 
Net
Intersegment
Revenues
 
Operating
Income
 
Electric Transmission & Distribution
$
698

(1) 
$

 
$
145

 
Natural Gas Distribution
526

 
6

 
30

 
Energy Services
657

 
19

 
11

 
Midstream Investments (3)

 

 

 
Other Operations
3

 

 

 
Eliminations

 
(25
)
 

 
Consolidated
$
1,884


$

 
$
186

 
 
 
 
 
 
 
 
 
For the Three Months Ended June 30, 2013
 
 
Revenues from
External
Customers
 
Net
Intersegment
Revenues
 
Operating
Income (Loss)
 
Electric Transmission & Distribution
$
656

(1) 
$

 
$
165

 
Natural Gas Distribution
524

 
5

 
25

 
Energy Services
622

 
6

 
3

 
Interstate Pipelines
41

(2) 
13

(2) 
20

(2) 
Field Services
48

(2) 
7

(2) 
20

(2) 
Midstream Investments (3)

 

 

 
Other Operations
3

 

 
(10
)
 
Eliminations

 
(31
)
 

 
Consolidated
$
1,894

 
$

 
$
223

 

 
For the Six Months Ended June 30, 2014
 
 
 
 
Revenues from
External
Customers
 
Net
Intersegment
Revenues
 
Operating
Income
 
Total Assets
as of June 31, 2014
 
Electric Transmission & Distribution
$
1,327

(1) 
$

 
$
250

 
$
9,809

 
Natural Gas Distribution
2,004

 
15

 
192

 
4,989

 
Energy Services
1,709

 
51

 
37

 
896

 
Midstream Investments (3)

 

 

 
4,517

 
Other Operations
7

 

 
2

 
2,902

(4) 
Eliminations

 
(66
)
 

 
(1,193
)
 
Consolidated
$
5,047

 
$

 
$
481

 
$
21,920

 

 
For the Six Months Ended June 30, 2013
 
 
 
 
Revenues from
External
Customers
 
Net
Intersegment
Revenues
 
Operating
Income (Loss)
 
Total Assets
as of December
31, 2013
 
Electric Transmission & Distribution
$
1,188

(1) 
$

 
$
249

 
$
9,605

 
Natural Gas Distribution
1,567

 
13

 
164

 
4,976

 
Energy Services
1,210

 
15

 
10

 
895

 
Interstate Pipelines
133

(2) 
53

(2) 
72

(2) 

 
Field Services
178

(2) 
18

(2) 
73

(2) 

 
Midstream Investments (3)

 

 

 
4,518

 
Other Operations
6

 

 
(13
)
 
3,026

(4) 
Eliminations

 
(99
)
 

 
(1,150
)
 
Consolidated
$
4,282

 
$

 
$
555

 
$
21,870

 
 
 
 
 
 
 
 
 
 
________________
(1)
Sales to affiliates of NRG in the three months ended June 30, 2014 and 2013 represented approximately $164 million and $148 million, respectively, of CenterPoint Houston’s transmission and distribution revenues.  Sales to affiliates of Energy Future Holdings Corp. in the three months ended June 30, 2014 and 2013 represented approximately $41 million and $37 million, respectively, of CenterPoint Houston’s transmission and distribution revenues. Sales to affiliates of NRG in the six months ended June 30, 2014 and 2013 represented approximately $330 million and $291 million, respectively, of CenterPoint Houston’s transmission and distribution revenues.  Sales to affiliates of Energy Future Holdings Corp. in the six months ended June 30, 2014 and 2013 represented approximately $81 million and $73 million, respectively, of CenterPoint Houston’s transmission and distribution revenues.

(2)
Results reflected in the three months ended June 30, 2013 represent only the month of April 2013. Results reflected in the six months ended June 30, 2013 represent only January 2013 through April 2013.

(3)
Midstream Investments reported equity earnings of $69 million from Enable and $2 million of equity earnings from CenterPoint Energy’s interest in SESH for the three months ended June 30, 2014. Midstream Investments reported equity earnings of $157 million from Enable and $5 million of equity earnings from CenterPoint Energy’s interest in SESH for the six months ended June 30, 2014. Midstream Investments reported equity earnings of $33 million from Enable and $2 million of equity earnings from CenterPoint Energy’s interest in SESH for the months of May and June 2013. Included in total assets of Midstream Investments as of June 30, 2014 and December 31, 2013 is $4,517 million and $4,319 million, respectively, related to CenterPoint Energy’s investment in Enable and $-0- and $199 million, respectively, related to CenterPoint Energy’s interest in SESH.

(4)
Included in total assets of Other Operations as of June 30, 2014 and December 31, 2013 are pension and other postemployment related regulatory assets of $605 million and $627 million, respectively.