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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net income $ 634 $ 248
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 987 982
Amortization of deferred financing costs 22 34
Amortization of intangible assets in non-utility cost of revenues 19 0
Deferred income taxes 8 33
Unrealized gain on marketable securities (206) (66)
Loss on indexed debt securities 216 316
Write-down of natural gas inventory 5 2
Equity in earnings of unconsolidated affiliates, net of distributions 13 (15)
Pension contributions (94) (67)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 521 355
Inventory (85) (10)
Taxes receivable (69) (38)
Accounts payable (646) (262)
Fuel cost recovery 68 53
Non-trading derivatives, net (66) 63
Margin deposits, net (33) 2
Interest and taxes accrued (89) (53)
Net regulatory assets and liabilities (101) 44
Other current assets 31 11
Other current liabilities (118) 16
Other assets 81 (3)
Other liabilities (22) 24
Other operating activities, net 10 10
Net cash provided by operating activities 1,086 1,679
Cash Flows from Investing Activities:    
Capital expenditures (1,822) (1,121)
Acquisitions, net of cash acquired (5,991) 0
Distributions from unconsolidated affiliate in excess of cumulative earnings 0 30
Proceeds from sale of marketable securities 0 398
Other investing activities, net 38 19
Net cash used in investing activities (7,775) (674)
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net 0 (39)
Proceeds from (payments of) commercial paper, net 1,584 (1,551)
Proceeds from long-term debt, net 2,916 997
Payments of long-term debt (1,225) (368)
Debt issuance costs (19) (36)
Payment of dividends on Common Stock (433) (360)
Payment of dividends on Preferred Stock (101) 0
Proceeds from issuance of Series A Preferred Stock, net 0 790
Distribution to ZENS note holders 0 (398)
Other financing activities, net (14) (5)
Net cash provided by (used in) financing activities 2,708 (970)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (3,981) 35
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 4,278 296
Cash, Cash Equivalents and Restricted Cash at End of Period 297 331
Houston Electric [Member]    
Cash Flows from Operating Activities:    
Net income 312 296
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 519 737
Amortization of deferred financing costs 8 8
Deferred income taxes (39) (24)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net (84) (95)
Accounts receivable/payable–affiliated companies (7) (12)
Inventory (9) (10)
Taxes receivable 5 (9)
Accounts payable 3 (6)
Non-trading derivatives, net (25) 0
Interest and taxes accrued (28) (50)
Net regulatory assets and liabilities (58) (66)
Other current assets 15 13
Other current liabilities (3) (9)
Other assets 8 4
Other liabilities (13) 16
Other operating activities, net (9) (5)
Net cash provided by operating activities 595 788
Cash Flows from Investing Activities:    
Capital expenditures (744) (678)
Increase in notes receivable–affiliated companies (772) 0
Other investing activities, net 12 15
Net cash used in investing activities (1,504) (663)
Cash Flows from Financing Activities:    
Proceeds from long-term debt, net 696 398
Payments of long-term debt (390) (368)
Increase (decrease) in notes payable–affiliated companies (1) 15
Dividend to parent (100) (123)
Contribution from parent 590 0
Debt issuance costs (8) (4)
Other financing activities, net (1) 0
Net cash provided by (used in) financing activities 786 (82)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (123) 43
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 370 274
Cash, Cash Equivalents and Restricted Cash at End of Period 247 317
CERC Corp [Member]    
Cash Flows from Operating Activities:    
Net income 159 175
Less: Income from discontinued operations, net of tax 0 140
Income from continuing operations 159 35
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 228 222
Amortization of deferred financing costs 8 7
Deferred income taxes 26 6
Write-down of natural gas inventory 5 2
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 653 449
Accounts receivable/payable–affiliated companies (9) 0
Inventory (47) 1
Taxes receivable (4) 0
Accounts payable (458) (261)
Fuel cost recovery 68 53
Non-trading derivatives, net (60) 60
Margin deposits, net (33) 2
Interest and taxes accrued (23) (9)
Net regulatory assets and liabilities (1) 73
Other current assets 11 7
Other current liabilities (9) 24
Other assets (3) 5
Other liabilities 2 (2)
Net cash provided by operating activities from continuing operations 513 674
Net cash provided by operating activities from discontinued operations 0 176
Net cash provided by operating activities 513 850
Cash Flows from Investing Activities:    
Capital expenditures (546) (411)
Increase in notes receivable–affiliated companies 27 0
Other investing activities, net 4 5
Net cash used in investing activities from continuing operations (515) (406)
Net cash provided by investing activities from discontinued operations 0 47
Net cash used in investing activities (515) (359)
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net 0 (39)
Proceeds from (payments of) commercial paper, net 100 (800)
Proceeds from long-term debt, net 0 599
Increase (decrease) in notes payable–affiliated companies 0 (570)
Dividend to parent (119) (286)
Contribution from parent 0 600
Debt issuance costs 0 (5)
Other financing activities, net (2) (1)
Net cash used in financing activities from continuing operations (21) (502)
Net cash provided by financing activities from discontinued operations 0 0
Net cash provided by (used in) financing activities (21) (502)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (23) (11)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 25 12
Cash, Cash Equivalents and Restricted Cash at End of Period $ 2 $ 1