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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The fair values of cash and cash equivalents, short-term borrowings and the $750 million note receivable from CenterPoint Houston’s parent are estimated to be equivalent to carrying amounts and have been excluded from the table below.  The fair value of each debt instrument is determined by multiplying the principal amount of each debt instrument by the market price. These assets and liabilities, which are not measured at fair value in the Condensed Consolidated Balance Sheets but for which the fair value is disclosed, would be classified as Level 1 in the fair value hierarchy.
 
December 31, 2011
 
September 30, 2012
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
(in millions)
Financial liabilities:
 
 
 
 
 
 
 
Long-term debt (including $151 million of long-term notes payable to parent)
$
4,765

 
$
5,345

 
$
6,106

 
$
6,758