Equity Method Investments and Joint Ventures Disclosure [Text Block] | Unconsolidated Affiliates On May 1, 2013 (the Closing Date) CERC Corp., OGE Energy Corp. (OGE) and ArcLight Capital Partners, LLC (ArcLight) closed on the formation of Enable, and CERC recorded an equity method investment in Enable at the historical cost of the contributed net assets. See Note 2 for further information on the formation of Enable. CERC’s maximum exposure to loss related to Enable, a VIE in which CERC is not the primary beneficiary, is limited to its equity investment as presented in the Consolidated Balance Sheet as of December 31, 2015 , CERC Corp.’s guarantee of collection of Enable’s $1.1 billion senior notes due 2019 and 2024 (Guaranteed Senior Notes) and other guarantees discussed in Note 13, and outstanding current accounts receivable from Enable. As of December 31, 2015, certain of the entities contributed to Enable by CERC Corp. were obligated on approximately $363 million of notes owed to a wholly-owned subsidiary of CERC Corp., which bore interest at an annual rate of 2.10% to 2.45% . Enable redeemed such notes scheduled to mature in 2017 in connection with the private placement discussed further in Note 16. CERC recorded interest income of $8 million during both the year ended December 31, 2015 and 2014 , and had interest receivable from Enable of $4 million as of both December 31, 2015 and 2014 , on its notes receivable from Enable. Effective on the Closing Date, CenterPoint Energy and Enable entered into a Services Agreement, Employee Transition Agreement, Transitional Seconding Agreement and other agreements (Transition Agreements). Under the Services Agreement, CERC agreed to provide certain support services to Enable such as accounting, legal, risk management and treasury functions for an initial term ending on April 30, 2016, after which such services continue on a year-to-year basis unless terminated by Enable with at least 90 days’ notice. CERC expects to provide certain services to Enable following the completion of the initial term. CERC provided seconded employees to Enable to support its operations for a term ending on December 31, 2014. Enable, at its discretion, had the right to select and offer employment to seconded employees from CERC. During the fourth quarter of 2014, Enable notified CERC that it selected seconded employees and provided employment offers to substantially all of the seconded employees from CERC. Substantially all of the seconded employees became employees of Enable effective January 1, 2015. See Note 6 for additional information. On April 16, 2014, Enable completed its initial public offering (IPO) of 28,750,000 common units, at a price of $20.00 per unit, which included 3,750,000 common units sold by ArcLight pursuant to an over-allotment option that was fully exercised by the underwriters. Enable received $464 million in net proceeds from the sale of the units, after deducting underwriting fees, structuring fees and other offering costs. In connection with Enable’s IPO, a portion of CERC’s common units were converted into subordinated units, as discussed further below. Subsequent to the IPO, Enable continues to be controlled jointly by CERC and OGE. As a result of Enable’s IPO, CERC’s limited partner interest in Enable was reduced from approximately 58.3% to approximately 54.7% . CERC accounted for the dilution of its investment in Enable as a result of Enable’s IPO as a failed partial sale of in-substance real estate. CERC did not receive any cash from Enable’s IPO and, as such, CERC did not recognize a gain or loss. CERC’s basis difference in Enable was reduced for the impact of the Enable IPO. In accordance with the Enable formation agreements, CERC had certain put rights, and Enable had certain call rights, exercisable with respect to the 25.05% interest in Southeast Supply Header, LLC (SESH) retained by CERC on the Closing Date, under which CERC would contribute its retained interest in SESH, in exchange for a specified number of limited partner common units in Enable and a cash payment, payable either from CERC to Enable or from Enable to CERC, to the extent of changes in the value of SESH subject to certain restrictions. Specifically, the rights were exercisable with respect to (1) a 24.95% interest in SESH, which closed on May 30, 2014 and (2) a 0.1% interest in SESH, which closed on June 30, 2015. CERC billed Enable for reimbursement of transition services, including the costs of seconded employees, $16 million and $163 million during the years ended December 31, 2015 and 2014 , respectively, under the Transition Agreements. Actual transition services costs are recorded net of reimbursements received from Enable. CERC had accounts receivable from Enable of $3 million and $28 million as of December 31, 2015 and 2014 , respectively, for amounts billed for transition services, including the cost of seconded employees. CERC incurred natural gas expenses, including transportation and storage costs, of $117 million and $130 million during the year ended December 31, 2015 and 2014 , respectively, for transactions with Enable. CERC had accounts payable to Enable of $11 million and $23 million at December 31, 2015 and 2014 , respectively, from such transactions. As of December 31, 2015 , CERC held an approximate 55.4% limited partner interest in Enable consisting of 94,151,707 common units and 139,704,916 subordinated units. As of December 31, 2015, CERC and OGE each own a 50% management interest in the general partner of Enable and a 40% and 60% interest, respectively, in the incentive distribution rights held by the general partner. CERC recognized a loss of $1,633 million from its investment in Enable as of December 31, 2015 . This loss included impairment charges totaling $1,846 million composed of CERC’s impairment of its investment in Enable of $1,225 million and CERC’s share, $621 million , of impairment charges Enable recorded for goodwill and long-lived assets. CERC evaluates its equity method investments for impairment when factors indicate that a decrease in the value of its investment has occurred and the carrying amount of its investment may not be recoverable. An impairment loss, based on the excess of the carrying value over estimated fair value of the investment, is recognized in earnings when an impairment is deemed to be other than temporary. Considerable judgment is used in determining if an impairment loss is other than temporary and the amount of any impairment. Based on the sustained low Enable common unit price and further declines in such price during the three months ended September 30, 2015 and December 31, 2015, respectively, as well as the market outlook for continued depressed crude oil and natural gas prices impacting the midstream oil and gas industry, CERC determined in connection with its preparation of financial statements for the three months ended September 30, 2015 and December 31, 2015, that an other than temporary decrease in the value of its investment in Enable had occurred. CERC wrote down the value of its investment in Enable to its estimated fair value which resulted in impairment charges of $250 million as of September 30, 2015 and $975 million as of December 31, 2015. Both the income approach and market approach were utilized to estimate the fair value of CERC’s total investment in Enable, which includes the limited partner common and subordinated units, general partner interest and incentive distribution rights held by CERC. The determination of fair value considered a number of relevant factors including Enable’s common unit price and forecasted results, recent comparable transactions and the limited float of Enable’s publicly traded common units. See Note 9 for further discussion of the determination of fair value of CERC’s investment in Enable. Investment in Unconsolidated Affiliates: Year Ended December 31, 2015 2014 (in millions) Enable $ 2,594 $ 4,520 SESH (1) — 1 Total $ 2,594 $ 4,521 (1) CERC disposed of its remaining interest in SESH on June 30, 2015. Equity in Earnings (Losses) of Unconsolidated Affiliates, net: Year Ended December 31, 2015 2014 2013 (in millions) Enable $ (1,633 ) $ 303 $ 173 SESH (1) — 5 15 Total $ (1,633 ) $ 308 $ 188 (1) CERC contributed a 24.95% interest in SESH to Enable on May 30, 2014 and its remaining interest in SESH to Enable on June 30, 2015. Summarized consolidated income (loss) information for Enable is as follows: Year Ended December 31, 2015 2014 2013 (in millions) Operating revenues $ 2,418 $ 3,367 $ 2,123 Cost of sales, excluding depreciation and amortization 1,097 1,914 1,241 Impairment of goodwill and other long-lived assets 1,134 8 12 Operating income (loss) (712 ) 586 322 Net income (loss) attributable to Enable (752 ) 530 289 Reconciliation of Equity in Earnings (Losses), net: CERC’s interest $ (416 ) $ 298 $ 168 Basis difference amortization (1) 8 5 5 Impairment of CERC’s equity method investment in Enable (1,225 ) — — CERC’s equity in earnings (losses), net (2) $ (1,633 ) $ 303 $ 173 (1) Equity in earnings of unconsolidated affiliates includes CERC’s share of Enable earnings adjusted for the amortization of the basis difference of CERC’s original investment in Enable and its underlying equity in net assets of Enable. The basis difference is being amortized over approximately 33 years, the average life of the assets to which the basis difference is attributed. (2) These amounts include CERC’s share of Enable’s impairment of goodwill and long-lived assets and the impairment of CERC’s equity method investment in Enable totaling $1,846 million during the year ended December 31, 2015 . This impairment is offset by $213 million of earnings for the year ended December 31, 2015 . Summarized consolidated balance sheet information for Enable is as follows: December 31, 2015 2014 (in millions) Current assets $ 381 $ 438 Non-current assets 10,857 11,399 Current liabilities 615 671 Non-current liabilities 3,092 2,343 Non-controlling interest 12 31 Enable partners’ capital 7,519 8,792 Reconciliation of Investment in Enable: CERC’s ownership interest in Enable partners’ capital $ 4,163 $ 4,869 CERC’s basis difference (1,569 ) (349 ) CERC’s investment in Enable $ 2,594 $ 4,520 Distributions Received from Unconsolidated Affiliates: Year Ended December 31, 2015 2014 2013 (in millions) Enable $ 294 $ 298 $ 106 SESH (1) — 7 23 Total $ 294 $ 305 $ 129 (1) CERC contributed a 24.95% interest in SESH to Enable on each of May 1, 2013 and May 30, 2014 and its remaining interest in SESH to Enable on June 30, 2015. |