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Stock-Based Incentive Compensation Plans and Employee Benefit Plans Pension and Postretirement Benefits (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Pension and Postretirement Benefits [Abstract]          
Percentage of eligible earnings used to determine retirement benefits (in hundredths) 5.00%   5.00%    
Percent vested     100.00%    
Pension plan minimum vesting period (in years)     3 years    
Amounts recognized in balance sheets          
Other liabilities-benefit obligations $ (796) $ (785) $ (796) $ (785)  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Amortization of net loss [1]     (6) (7)  
Prior service cost (2) [1]     (1) (1)  
Pension Plan [Member]          
Components of net periodic costs [Abstract]          
Service cost (1) [2]     37 36 $ 38
Interest cost (2) [3]     79 89 93
Expected return on plan assets (2) [3]     (107) (97) (101)
Amortization of prior service cost (credit) [3]     9 9 9
Amortization of net loss (2) [3]     43 58 63
Net periodic cost (credit)     $ 61 $ 95 $ 102
Assumptions used to determine net periodic benefit (income) cost          
Discount rate     3.65% 4.15% 4.40%
Expected return on plan assets     6.00% [4] 6.00% [4] 6.25%
Rate of increase in compensation levels     4.45% 4.50% 4.15%
Change in benefit obligation [Roll Forward]          
Benefit obligation, beginning of year     $ 2,225 $ 2,197  
Service cost (1) [2]     37 36 $ 38
Interest cost (2) [3]     79 89 93
Benefits paid     (201) (168)  
Actuarial (gain) loss (1) [5]     (127) 71  
Benefit obligation, end of year 2,013 2,225 2,013 2,225 2,197
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     1,801 1,656  
Employer contributions     69 48  
Benefits paid     (201) (168)  
Actual investment return     (153) 265  
Fair value of plan assets, end of year 1,516 1,801 1,516 1,801 $ 1,656
Funded status of plan          
Funded status, end of year (497) (424) (497) (424)  
Amounts recognized in balance sheets          
Current liabilities-other (7) (7) (7) (7)  
Other liabilities-benefit obligations (490) (417) (490) (417)  
Net liability, end of year $ (497) $ (424) $ (497) $ (424)  
Discount rate (2) 4.35% [6] 3.65% [6] 4.35% [6] 3.65% [6] 4.15%
Expected return on plan assets (3)     6.00% [4] 6.00% [4] 6.25%
Rate of increase in compensation levels 4.60% 4.45% 4.60% 4.45%  
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate 3.75% 3.75% 3.75% 3.75%  
Annualized individual discount rates based on time period, minimum     6 months    
Annualized individual discount rates based on time period, maximum     99 years    
Amounts recognized in accumulated other comprehensive loss          
Unrecognized actuarial loss (gain) $ 109 $ 94 $ 109 $ 94  
Unrecognized prior service cost 1 1 1 1  
Deferred Tax Benefit On Accumulated Other Comprehensive Income [7] 0 0 0 0  
Accumulated Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Tax 110 95 110 95  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Net loss (gain)     22    
Amortization of net loss     (6)    
Prior service cost (2)     (1)    
Total recognized in comprehensive income     15    
Total expense recognized in net periodic cost and other comprehensive income     76    
Pension benefits that have accumulated benefit obligations in excess of plan assets          
Accumulated benefit obligation 1,930 2,090 1,930 2,090  
Projected benefit obligation 1,952 2,151 1,952 2,151  
Fair value of plan assets 1,516 1,801 1,516 1,801  
Accumulated benefit obligation for all defined benefit pension plans $ 1,991 $ 2,164 1,991 2,164  
Postretirement Benefits [Member]          
Components of net periodic costs [Abstract]          
Service cost (1) [8]     2 2 $ 2
Interest cost (2) [9]     13 16 16
Expected return on plan assets (2) [9]     (5) (5) (6)
Amortization of prior service cost (credit) [9]     (5) (5) (3)
Amortization of net loss (2) [9]     0 0 1
Curtailment (1) [10]     0 0 (5)
Net periodic cost (credit)     $ 5 $ 8 $ 5
Assumptions used to determine net periodic benefit (income) cost          
Discount rate     3.60% 4.15% 4.35%
Expected return on plan assets 4.60% [11] 4.55% [11] 4.55% 4.50% 4.80%
Change in benefit obligation [Roll Forward]          
Benefit obligation, beginning of year     $ 386 $ 383  
Service cost (1) [8]     2 2 $ 2
Interest cost (2) [9]     13 16 16
Participant contributions     7 7  
Benefits paid     (25) (26)  
Actuarial (gain) loss (1) [12]     (52) 4  
Benefit obligation, end of year $ 331 $ 386 331 386 383
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     120 113  
Employer contributions     14 16  
Participant contributions     7 7  
Benefits paid     (25) (26)  
Actual investment return     (2) 10  
Fair value of plan assets, end of year 114 120 114 120 $ 113
Funded status of plan          
Funded status, end of year (217) (266) (217) (266)  
Amounts recognized in balance sheets          
Current liabilities-other (6) (6) (6) (6)  
Other liabilities-benefit obligations (211) (260) (211) (260)  
Net liability, end of year $ (217) $ (266) $ (217) $ (266)  
Discount rate (2) [13] 4.35% 3.60% 4.35% 3.60%  
Expected return on plan assets (3) 4.60% [11] 4.55% [11] 4.55% 4.50% 4.80%
Prescription drug cost trend rate assumed for the next year - Pre-65     9.20% 9.85%  
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.50% 4.50% 4.50% 4.50%  
Annualized individual discount rates based on time period, minimum     6 months    
Annualized individual discount rates based on time period, maximum     99 years    
Amounts recognized in accumulated other comprehensive loss          
Unrecognized actuarial loss (gain) $ (7) $ (8) $ (7) $ (8)  
Unrecognized prior service cost 5 6 5 6  
Deferred Tax Benefit On Accumulated Other Comprehensive Income [7] 0 0 0 0  
Accumulated Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Tax (2) (2) (2) (2)  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Net loss (gain)     0    
Amortization of net loss     0    
Prior service cost (2)     0    
Total recognized in comprehensive income     0    
Total expense recognized in net periodic cost and other comprehensive income     5    
Non-qualified Pension Plan [Member]          
Change in plan assets [Rollforward]          
Employer contributions     9    
Pension benefits that have accumulated benefit obligations in excess of plan assets          
Accumulated benefit obligation 61 74 61 74  
Projected benefit obligation 61 74 61 74  
Fair value of plan assets 0 0 0 0  
U.S. Equity [Member] | Pension Plan [Member]          
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     76    
Fair value of plan assets, end of year 60 76 60 76  
Cash and Cash Equivalents [Member] | Pension Plan [Member]          
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     18    
Fair value of plan assets, end of year $ 19 $ 18 $ 19 $ 18  
Minimum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 5.95% 6.15% 5.95% 6.15%  
Year that the cost trend rates reach the ultimate trend rate     2026 2026  
Minimum [Member] | U.S. Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 12.00%   12.00%    
Minimum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 13.00%   13.00%    
Minimum [Member] | International Developed Market Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 7.00%   7.00%    
Minimum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 3.00%   3.00%    
Minimum [Member] | Emerging Market Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 5.00%   5.00%    
Minimum [Member] | Fixed Income [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 55.00%   55.00%    
Minimum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 69.00%   69.00%    
Minimum [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 0.00%   0.00%    
Minimum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 0.00%   0.00%    
Maximum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 28.60% 23.85% 28.60% 23.85%  
Year that the cost trend rates reach the ultimate trend rate     2027 2024  
Maximum [Member] | U.S. Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 28.00%   28.00%    
Maximum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 23.00%   23.00%    
Maximum [Member] | International Developed Market Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 17.00%   17.00%    
Maximum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 13.00%   13.00%    
Maximum [Member] | Emerging Market Equity [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 11.00%   11.00%    
Maximum [Member] | Fixed Income [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 65.00%   65.00%    
Maximum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 79.00%   79.00%    
Maximum [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%   2.00%    
Maximum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%   2.00%    
Parent Company [Member] | Postretirement Benefits [Member]          
Components of net periodic costs [Abstract]          
Curtailment (1)         $ (2)
Houston Electric [Member]          
Amounts recognized in balance sheets          
Other liabilities-benefit obligations $ (91) $ (146) $ (91) $ (146)  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Amortization of net loss [1]     0 0  
Prior service cost (2) [1]     0 0  
Houston Electric [Member] | Postretirement Benefits [Member]          
Components of net periodic costs [Abstract]          
Service cost (1) [8]     0 1 1
Interest cost (2) [9]     8 9 10
Expected return on plan assets (2) [9]     (4) (4) (5)
Amortization of prior service cost (credit) [9]     (5) (6) (4)
Amortization of net loss (2) [9]     0 0 1
Curtailment (1) [10]     0 0 (4)
Net periodic cost (credit)     $ (1) $ 0 $ (1)
Assumptions used to determine net periodic benefit (income) cost          
Discount rate     3.60% 4.15% 4.35%
Expected return on plan assets 4.70% [11] 4.75% [11] 4.75% 4.75% 5.00%
Change in benefit obligation [Roll Forward]          
Benefit obligation, beginning of year     $ 225 $ 217  
Service cost (1) [8]     0 1 $ 1
Interest cost (2) [9]     8 9 10
Participant contributions     2 2  
Benefits paid     (13) (14)  
Actuarial (gain) loss (1) [12]     (56) 10  
Benefit obligation, end of year $ 166 $ 225 166 225 217
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     93 88  
Employer contributions     9 10  
Participant contributions     2 2  
Benefits paid     (13) (14)  
Actual investment return     (2) 7  
Fair value of plan assets, end of year 89 93 89 93 $ 88
Funded status of plan          
Funded status, end of year (77) (132) (77) (132)  
Amounts recognized in balance sheets          
Current liabilities-other 0 0 0 0  
Other liabilities-benefit obligations (77) (132) (77) (132)  
Net liability, end of year $ (77) $ (132) $ (77) $ (132)  
Discount rate (2) [13] 4.35% 3.60% 4.35% 3.60%  
Expected return on plan assets (3) 4.70% [11] 4.75% [11] 4.75% 4.75% 5.00%
Prescription drug cost trend rate assumed for the next year - Pre-65     9.20% 9.85%  
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.50% 4.50% 4.50% 4.50%  
Annualized individual discount rates based on time period, minimum     6 months    
Annualized individual discount rates based on time period, maximum     99 years    
Houston Electric [Member] | Non-qualified Pension Plan [Member]          
Change in plan assets [Rollforward]          
Employer contributions     $ 0    
Houston Electric [Member] | Minimum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 5.95% 6.15% 5.95% 6.15%  
Year that the cost trend rates reach the ultimate trend rate     2026 2026  
Houston Electric [Member] | Minimum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 13.00%   13.00%    
Houston Electric [Member] | Minimum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 3.00%   3.00%    
Houston Electric [Member] | Minimum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 69.00%   69.00%    
Houston Electric [Member] | Minimum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 0.00%   0.00%    
Houston Electric [Member] | Maximum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 28.60% 23.85% 28.60% 23.85%  
Year that the cost trend rates reach the ultimate trend rate     2027 2024  
Houston Electric [Member] | Maximum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 23.00%   23.00%    
Houston Electric [Member] | Maximum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 13.00%   13.00%    
Houston Electric [Member] | Maximum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 79.00%   79.00%    
Houston Electric [Member] | Maximum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%   2.00%    
CERC Corp [Member]          
Amounts recognized in balance sheets          
Other liabilities-benefit obligations $ (93) $ (97) $ (93) $ (97)  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Amortization of net loss [1]     0 0  
Prior service cost (2) [1]     (1) (1)  
CERC Corp [Member] | Postretirement Benefits [Member]          
Components of net periodic costs [Abstract]          
Service cost (1) [8]     1 1 $ 1
Interest cost (2) [9]     4 5 4
Expected return on plan assets (2) [9]     (1) (1) (1)
Amortization of prior service cost (credit) [9]     1 1 0
Amortization of net loss (2) [9]     0 0 1
Curtailment (1) [10]     0 0 (1)
Net periodic cost (credit)     $ 5 $ 6 $ 4
Assumptions used to determine net periodic benefit (income) cost          
Discount rate     3.60% 4.15% 4.35%
Expected return on plan assets 4.15% [11] 3.85% [11] 3.85% 3.60% 3.95%
Change in benefit obligation [Roll Forward]          
Benefit obligation, beginning of year     $ 109 $ 115  
Service cost (1) [8]     1 1 $ 1
Interest cost (2) [9]     4 5 4
Participant contributions     4 3  
Benefits paid     (9) (9)  
Actuarial (gain) loss (1) [12]     1 (6)  
Benefit obligation, end of year $ 110 $ 109 110 109 115
Change in plan assets [Rollforward]          
Fair value of plan assets, beginning of year     26 25  
Employer contributions     4 5  
Participant contributions     4 3  
Benefits paid     (9) (9)  
Actual investment return     0 2  
Fair value of plan assets, end of year 25 26 25 26 $ 25
Funded status of plan          
Funded status, end of year (85) (83) (85) (83)  
Amounts recognized in balance sheets          
Current liabilities-other (3) (4) (3) (4)  
Other liabilities-benefit obligations (82) (79) (82) (79)  
Net liability, end of year $ (85) $ (83) $ (85) $ (83)  
Discount rate (2) [13] 4.35% 3.60% 4.35% 3.60%  
Expected return on plan assets (3) 4.15% [11] 3.85% [11] 3.85% 3.60% 3.95%
Prescription drug cost trend rate assumed for the next year - Pre-65     9.20% 9.85%  
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.50% 4.50% 4.50% 4.50%  
Annualized individual discount rates based on time period, minimum     6 months    
Annualized individual discount rates based on time period, maximum     99 years    
Amounts recognized in accumulated other comprehensive loss          
Unrecognized actuarial loss (gain) $ (3) $ (2) $ (3) $ (2)  
Unrecognized prior service cost 5 6 5 6  
Deferred Tax Benefit On Accumulated Other Comprehensive Income [7] (9) (11) (9) (11)  
Accumulated Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Tax $ (7) $ (7) (7) $ (7)  
Changes in plan assets and benefit obligations recognized in other comprehensive income          
Net loss (gain)     (1)    
Amortization of net loss     0    
Prior service cost (2)     (1)    
Total recognized in comprehensive income     (2)    
Total expense recognized in net periodic cost and other comprehensive income     3    
CERC Corp [Member] | Non-qualified Pension Plan [Member]          
Change in plan assets [Rollforward]          
Employer contributions     $ 0    
CERC Corp [Member] | Minimum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 5.95% 6.15% 5.95% 6.15%  
Year that the cost trend rates reach the ultimate trend rate     2026 2026  
CERC Corp [Member] | Minimum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 15.00%   15.00%    
CERC Corp [Member] | Minimum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%   2.00%    
CERC Corp [Member] | Minimum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 68.00%   68.00%    
CERC Corp [Member] | Minimum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 0.00%   0.00%    
CERC Corp [Member] | Maximum [Member] | Postretirement Benefits [Member]          
Amounts recognized in balance sheets          
Health care cost trend rate assumed for the next year 28.60% 23.85% 28.60% 23.85%  
Year that the cost trend rates reach the ultimate trend rate     2027 2024  
CERC Corp [Member] | Maximum [Member] | U.S. Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 25.00%   25.00%    
CERC Corp [Member] | Maximum [Member] | International Developed Market Equity [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 12.00%   12.00%    
CERC Corp [Member] | Maximum [Member] | Fixed Income [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 78.00%   78.00%    
CERC Corp [Member] | Maximum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits [Member]          
Defined Benefit Plan Disclosure [Line Items]          
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage 2.00%   2.00%    
IBEW Local Union 66 [Member] | Houston Electric [Member] | Postretirement Benefits [Member]          
Components of net periodic costs [Abstract]          
Curtailment (1)         $ (3)
[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 in the table above are included in Operation and maintenance expense in CenterPoint Energy’s Statements of Consolidated Income, net of regulatory deferrals and amounts capitalized. See Note 2(r).
[3] Amounts presented in the table above are included in Other, net in CenterPoint Energy’s Statements of Consolidated Income, net of regulatory deferrals. See Note 2(r).
[4] The expected rate of return assumption was developed using the targeted asset allocation of CenterPoint Energy’s plans and the expected return for each asset class.
[5] Significant sources of gain for 2018 include the increase in discount rate from 3.65% to 4.35% and the mortality projection scale change from MP2017 to MP2018. For 2017, the significant source of loss was the decrease in the discount rate from 4.15% to 3.65%.
[6] The discount rate assumption was determined by matching the projected cash flows of CenterPoint Energy’s plans against a hypothetical yield curve of high-quality corporate bonds represented by a series of annualized individual discount rates from one-half to 99 years.
[7] CenterPoint Energy’s and CERC’s postretirement benefit obligation is reduced by the impact of previously non-taxable government subsidies under the Medicare Prescription Drug Act. Because the subsidies were non-taxable, the temporary difference used in measuring the deferred tax impact was determined on the unrecognized losses excluding such subsidies.
[8] Amounts presented in the table above are included in Operation and maintenance expense in CenterPoint Energy’s Statements of Consolidated Income, net of regulatory deferrals and amounts capitalized. See Note 2(r).
[9] Amounts presented in the table above are included in Other, net in each of the Registrants’ respective Statements of Consolidated Income, net of regulatory deferrals. See Note 2(r).
[10] A curtailment gain or loss is required when the expected future services of a significant number of current employees are reduced or eliminated for the accrual of benefits. During 2016, postretirement healthcare benefits were amended resulting in a net curtailment gain of $5 million. In May 2016, Houston Electric entered into a renegotiated collective bargaining agreement with the IBEW Local Union 66 that provides that for Houston Electric bargaining unit employees covered under the agreement who retire on or after January 1, 2017, retiree medical and prescription drug coverage will be provided exclusively through the NECA/IBEW Family Medical Care Plan in exchange for the payment of monthly premiums as determined under the agreement. As a result, the accrued postretirement benefits related to such future CenterPoint Energy and Houston Electric union retirees were eliminated. Houston Electric recognized a curtailment gain of $3 million as an accelerated recognition of the prior service credit that would otherwise be recognized in future periods for the postretirement plan. CenterPoint Energy also recognized an additional curtailment gain of $2 million in October 2016 related to other amendments in the postretirement plan.
[11] The expected rate of return assumption was developed using the targeted asset allocation of the plans and the expected return for each asset class.
[12] Significant sources of gain for 2018 include the increase in the discount rate from 3.60% to 4.35%, favorable benefit claims experience and cost trend rates in addition to the change in mortality projection scale from MP2017 to MP2018.
[13] The discount rate assumption was determined by matching the projected cash flows of the plans against a hypothetical yield curve of high-quality corporate bonds represented by a series of annualized individual discount rates from one-half to 99 years.