Equity (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Dividends Declared

Dividends Declared and Paid (CenterPoint Energy)

	Dividends Declared Per Share								Dividends Paid Per Share
	Three Months Ended September 30,				Nine Months Ended September 30,				Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022		2023		2022		2023		2022
Common Stock	$	0.390	$	0.360	$	0.580	$	0.530	$	0.190	$	0.180	$	0.570	$	0.520
Series A Preferred Stock	30.625		30.625		30.625		30.625		30.625		30.625		61.250		61.250

Schedule of Preferred Stock

Preferred Stock (CenterPoint Energy)

	Liquidation Preference Per Share		Shares Outstanding as of		Outstanding Value as of
			September 30, 2023	December 31, 2022	September 30, 2023		December 31, 2022
	(in millions, except shares and per share amounts)
Series A Preferred Stock	$	1,000	—	800,000	$	—	$	790
			—	800,000	$	—	$	790

Schedule of Dividend Requirement on Preferred Stock

Income Allocated to Preferred Shareholders (CenterPoint Energy)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in millions)
Series A Preferred Stock	$	26	$	13	$	50	$	37
Total income allocated to preferred shareholders	$	26	$	13	$	50	$	37

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in accumulated comprehensive income (loss) are as follows:

	Three Months Ended September 30,
	2023						2022
	CenterPoint Energy		Houston Electric		CERC		CenterPoint Energy		Houston Electric		CERC
	(in millions)
Beginning Balance	$	(32)	$	—	$	15	$	(85)	$	—	$	10
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans	—		—		—		(10)		—		—
Amounts reclassified from accumulated other comprehensive income (loss):
Net deferred gain from cash flow hedges	2		—		—		—		—		—
Prior service cost (1)	1		—		—		—		—		—
Actuarial losses (1)	—		—		—		2		—		—
Settlement (2)	—		—		—		1		—		—
Tax benefit (expense)	—		—		—		9		—		—
Net current period other comprehensive income (loss)	3		—		—		2		—		—
Ending Balance	$	(29)	$	—	$	15	$	(83)	$	—	$	10
	Nine Months Ended September 30,
	2023						2022
	CenterPoint Energy		Houston Electric		CERC		CenterPoint Energy		Houston Electric		CERC
	(in millions)
Beginning Balance	$	(31)	$	—	$	16	$	(64)	$	—	$	10
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans	—		—		—		(44)		—		—
Amounts reclassified from accumulated other comprehensive income (loss):
Net deferred gain from cash flow hedges	2		—		—		—		—		—
Prior service cost (1)	—		—		(1)		1		—		—
Actuarial losses (1)	—		—		—		4		—		—
Settlement (2)	—		—		—		14		—		—
Tax benefit (expense)	—		—		—		5		—		—
Net current period other comprehensive income (loss)	2		—		(1)		(19)		—		—
Ending Balance	$	(29)	$	—	$	15	$	(83)	$	—	$	10

(1)Amounts are included in the computation of net periodic cost and are reflected in Other income, net in each of the Registrants’ respective Condensed Statements of Consolidated Income.

(2)Amounts presented represent a one-time, non-cash settlement cost (benefit), prior to regulatory deferrals, which are required when the total lump sum distributions or other settlements of plan benefit obligations during a plan year exceed the service cost and interest cost components of the net periodic cost for that year. Amounts presented in the table above are included in Other income (expense), net in CenterPoint Energy’s Statements of Consolidated Income, net of regulatory deferrals.