Unconsolidated Affiliate (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | |
Mar. 31, 2018 | Mar. 31, 2017 | Dec. 31, 2017 |
Enable Units [Abstract] | | | | |
Preferred units – unconsolidated affiliate | | $ 363 | $ 363 | $ 363 |
Percentage of sales that trigger right of first refusal | | 5.00% | | |
Enable Distributions [Abstract] | | | | |
Total distributions received from Enable | | $ 83 | 83 | |
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss) [Abstract] | | | | |
CenterPoint Energy’s equity in earnings, net | | 69 | 72 | |
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity [Abstract] | | | | |
CenterPoint Energy’s equity method investment in Enable | | $ 2,467 | | 2,472 |
OGE [Member] | | | | |
Enable Units [Abstract] | | | | |
Percentage of sales that trigger right of first refusal | | 5.00% | | |
Enable Midstream Partners [Member] | | | | |
Enable Partnership Interest [Abstract] | | | | |
Equity Method Investment, Ownership Percentage | [1] | 54.00% | | |
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss) [Abstract] | | | | |
Operating revenues | | $ 748 | 666 | |
Cost of sales, excluding depreciation and amortization | | 375 | 308 | |
Operating income | | 139 | 140 | |
Net income attributable to Enable | | 105 | 111 | |
CenterPoint Energy’s interest | | 57 | 60 | |
Basis difference amortization (1) | [2] | 12 | 12 | |
CenterPoint Energy’s equity in earnings, net | | $ 69 | 72 | |
Basis difference amortization period | | 31 years | | |
Equity Method Investment, Summarized Financial Information, Assets and Liabilities [Abstract] | | | | |
Current assets | | $ 413 | | 416 |
Non-current assets | | 11,274 | | 11,177 |
Current liabilities | | 1,404 | | 1,279 |
Non-current liabilities | | 2,664 | | 2,660 |
Non-controlling interest | | 11 | | 12 |
Preferred equity | | 362 | | 362 |
Enable partners’ equity | | 7,246 | | 7,280 |
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity [Abstract] | | | | |
CenterPoint Energy’s ownership interest in Enable partners’ equity | | 3,913 | | 3,935 |
CenterPoint Energy’s basis difference | | (1,446) | | (1,463) |
CenterPoint Energy’s equity method investment in Enable | | 2,467 | | 2,472 |
Enable Midstream Partners [Member] | Common Units [Member] | | | | |
Enable Distributions [Abstract] | | | | |
Distributions received from Enable equity method investment | | 74 | 74 | |
Enable Midstream Partners [Member] | Series A Preferred Units [Member] | | | | |
Enable Distributions [Abstract] | | | | |
Distributions received from Enable cost method investment | | $ 9 | 9 | |
Enable Midstream Partners [Member] | | | | |
Enable Partnership Interest [Abstract] | | | | |
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage | [1] | 100.00% | | |
Enable Distributions [Abstract] | | | | |
Maximum incentive distribution right | | 50.00% | | |
Enable Midstream Partners [Member] | CERC Corp [Member] | | | | |
Enable Units [Abstract] | | | | |
Management rights ownership percentage | | 50.00% | | |
Enable Distributions [Abstract] | | | | |
Incentive distribution right | | 40.00% | | |
Enable Midstream Partners [Member] | OGE [Member] | | | | |
Enable Partnership Interest [Abstract] | | | | |
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage | [1] | 25.60% | | |
Enable Units [Abstract] | | | | |
Management rights ownership percentage | | 50.00% | | |
Enable Distributions [Abstract] | | | | |
Incentive distribution right | | 60.00% | | |
Enable Midstream Partners [Member] | Public unitholders [Member] | | | | |
Enable Partnership Interest [Abstract] | | | | |
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage | [1] | 20.40% | | |
Enable Midstream Partners [Member] | Minimum [Member] | | | | |
Enable Distributions [Abstract] | | | | |
Incentive distribution per unit | | $ 0.2875 | | |
Enable Midstream Partners [Member] | Maximum [Member] | | | | |
Enable Distributions [Abstract] | | | | |
Incentive distribution per unit | | $ 0.330625 | | |
Common Units [Member] | Enable Midstream Partners [Member] | | | | |
Enable Units [Abstract] | | | | |
Equity Method Investment, Ownership, Shares | | 233,856,623 | | |
Common Units [Member] | Enable Midstream Partners [Member] | | | | |
Enable Units [Abstract] | | | | |
Variable Interest Entity, Ownership, Shares | | 433,072,001 | | |
Common Units [Member] | Enable Midstream Partners [Member] | OGE [Member] | | | | |
Enable Units [Abstract] | | | | |
Variable Interest Entity, Ownership, Shares | | 110,982,805 | | |
Common Units [Member] | Enable Midstream Partners [Member] | Public unitholders [Member] | | | | |
Enable Units [Abstract] | | | | |
Variable Interest Entity, Ownership, Shares | | 88,232,573 | | |
Series A Preferred Units [Member] | Enable Midstream Partners [Member] | | | | |
Enable Units [Abstract] | | | | |
Preferred Units Held | [3] | 14,520,000 | | |
Transitional Service [Member] | Enable Midstream Partners [Member] | | | | |
Transactions with Enable [Abstract] | | | | |
Reimbursement of transition services (1) | [4] | $ 2 | 2 | |
Accounts receivable for amounts billed for transition services | | 1 | | 1 |
Natural Gas Expenses [Member] | Enable Midstream Partners [Member] | | | | |
Transactions with Enable [Abstract] | | | | |
Natural gas expenses, including transportation and storage costs | | 37 | $ 33 | |
Accounts payable for natural gas purchases from Enable | | $ 11 | | $ 13 |
| |
[1] | Excluding the Series A Preferred Units owned by CenterPoint Energy. | |
[2] | Equity in earnings of unconsolidated affiliate includes CenterPoint Energy’s share of Enable’s earnings adjusted for the amortization of the basis difference of CenterPoint Energy’s original investment in Enable and its underlying equity in Enable’s net assets. The basis difference is amortized over approximately 31 years, the average life of the assets to which the basis difference is attributed. | |
[3] | The carrying amount of the Series A Preferred Units, reflected as Preferred units - unconsolidated affiliate on the Condensed Consolidated Balance Sheets, was $363 million as of both March 31, 2018 and December 31, 2017. No impairment charges or adjustment due to observable price changes were made during the current or prior reporting periods. See Note 2 for further discussion. | |
[4] | Represents amounts billed under the Transition Agreements for certain support services provided to Enable. Actual transition services costs are recorded net of reimbursement. | |