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STATEMENTS OF CONSOLIDATED INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Utility revenues $ 7,049 $ 7,202 $ 6,199
Non-utility revenues 369 362 78
Total 7,418 7,564 6,277
Expenses:      
Utility natural gas, fuel and purchased power 1,488 1,762 1,464
Non-utility cost of revenues, including natural gas 257 257 40
Operation and maintenance 2,744 2,775 2,271
Depreciation and amortization 1,189 1,225 1,230
Taxes other than income taxes 516 474 404
Goodwill impairment 185 0 0
Total 6,379 6,493 5,409
Operating Income 1,039 1,071 868
Other Income (Expense):      
Gain (loss) on marketable securities 49 282 (22)
Loss on indexed debt securities (60) (292) (232)
Interest expense and other finance charges (501) (528) (361)
Interest expense on Securitization Bonds (28) (39) (59)
Equity in earnings (loss) of unconsolidated affiliates, net (1,428) 230 307
Interest Income 3 17 24
Interest Income on Securitization Bonds 1 5 4
Other income, net 60 28 22
Total (1,904) (297) (317)
Income (Loss) from Continuing Operations Before Income Taxes (865) 774 551
Income tax expense (benefit) (274) 92 155
Income From Continuing Operations (591) 682 396
Income (Loss) from Discontinued Operations (182) 109 (28)
Net Income (Loss) (773) 791 368
Income allocated to preferred shareholders 176 117 35
Income (Loss) Available to Common Shareholders (949) 674 333
Supplemental Income Statement Elements [Abstract]      
Income tax expense (benefit) from discontinued operations $ 21 $ 46 $ (9)
Earnings Per Share, Basic [Abstract]      
Basic earnings (loss) per common share - continuing operations $ (1.45) $ 1.12 $ 0.80
Basic earnings (loss) per common share - discontinued operations (0.34) 0.22 (0.06)
Earnings Per Share, Basic (1.79) 1.34 0.74
Earnings Per Share, Diluted [Abstract]      
Diluted earnings (loss) per common share - continuing operations (1.45) 1.12 0.80
Diluted earnings (loss) per common share - discontinued operations (0.34) 0.21 (0.06)
Diluted Earnings (Loss) Per Common Share $ (1.79) $ 1.33 $ 0.74
Weighted Average Common Shares Outstanding, Basic 531,031,000 502,050,000 448,829,000
Weighted Average Common Shares Outstanding, Diluted 531,031,000 505,157,000 452,465,000
Houston Electric [Member]      
Revenues:      
Total $ 2,911 $ 2,990 $ 3,234
Expenses:      
Operation and maintenance 1,523 1,477 1,452
Depreciation and amortization 560 648 917
Taxes other than income taxes 252 247 240
Total 2,335 2,372 2,609
Operating Income 576 618 625
Other Income (Expense):      
Interest expense and other finance charges (171) (164) (138)
Interest expense on Securitization Bonds (28) (39) (59)
Interest Income 2 22 1
Interest Income on Securitization Bonds 1 5 4
Other income, net 7 (6) (8)
Total (189) (182) (200)
Income (Loss) from Continuing Operations Before Income Taxes 387 436 425
Income tax expense (benefit) 53 80 89
Net Income (Loss) 334 356 336
CERC Corp [Member]      
Revenues:      
Utility revenues 2,711 2,951 2,967
Non-utility revenues 52 67 64
Total 2,763 3,018 3,031
Expenses:      
Utility natural gas, fuel and purchased power 1,100 1,391 1,464
Non-utility cost of revenues, including natural gas 17 39 40
Operation and maintenance 798 824 833
Depreciation and amortization 304 293 280
Taxes other than income taxes 182 161 155
Total 2,401 2,708 2,772
Operating Income 362 310 259
Other Income (Expense):      
Interest expense and other finance charges (111) (116) (122)
Equity in earnings (loss) of unconsolidated affiliates, net 0 0 184
Interest Income 0 5 1
Other income, net (7) (13) (9)
Total (118) (124) (130)
Income (Loss) from Continuing Operations Before Income Taxes 244 186 129
Income tax expense (benefit) 97 (3) 31
Income From Continuing Operations 147 189 98
Income (Loss) from Discontinued Operations (66) 23 110
Net Income (Loss) 81 212 208
Supplemental Income Statement Elements [Abstract]      
Income tax expense (benefit) from discontinued operations $ (2) $ 17 $ 37