Divestitures (CenterPoint Energy and CERC) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | |
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2019 |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Cash proceeds from sale | | | | | $ 1,136 | | $ 0 | | |
Goodwill Impairment | | $ 0 | | $ 0 | 185 | | 0 | | |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | $ 637 |
Accrued unbilled revenues | | | | | | | | | 117 |
Natural gas inventory | | | | | | | | | 67 |
Materials and supplies | | | | | | | | | 6 |
Non-trading derivative assets | | | | | | | | | 136 |
Other | | | | | | | | | 39 |
Total current assets held for sale | | 0 | | | 0 | | | | 1,002 |
Property, plant and equipment, net | | | | | | | | | 321 |
Goodwill | | | | | | | | | 282 |
Non-trading derivative assets | | | | | | | | | 58 |
Other | | | | | | | | | 301 |
Total non-current assets held for sale | | 0 | | | 0 | | | | 962 |
Total assets held for sale | | | | | | | | | 1,964 |
Accounts payable | | | | | | | | | 344 |
Taxes accrued | | | | | | | | | 2 |
Non-trading derivative liabilities | | | | | | | | | 44 |
Other | | | | | | | | | 65 |
Total current liabilities held for sale | | 0 | | | 0 | | | | 455 |
Non-trading derivative liabilities | | | | | | | | | 14 |
Benefit obligations | | | | | | | | | 4 |
Other | | | | | | | | | 25 |
Total non-current liabilities held for sale | | 0 | | | 0 | | | | 43 |
Total liabilities held for sale | | | | | | | | | 498 |
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract] | | | | | | | | | |
Revenues | | 309 | | 1,178 | 1,417 | | 2,566 | | |
Non-utility cost of revenues | | 306 | | 890 | 1,158 | | 2,118 | | |
Operation and maintenance | | 35 | | 212 | 218 | | 325 | | |
Depreciation and amortization | | 0 | | 18 | 0 | | 31 | | |
Taxes other than income taxes | | 2 | | 0 | 4 | | 0 | | |
Total | | 343 | | 1,120 | 1,380 | | 2,474 | | |
Income (loss) from Discontinued Operations before income taxes | | (34) | | 58 | 37 | | 92 | | |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | [1],[2] | 42 | | | (192) | | | | |
Income tax expense (benefit) | | 38 | | 14 | 21 | | 22 | | |
Net income (loss) from Discontinued Operations | | (30) | | 44 | (176) | | 70 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 31 | | |
Infrastructure Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Sales price of outstanding equity interests | | 850 | | | 850 | | | | |
Cash proceeds from sale | | 850 | | | | | | | |
Net deferred tax liabilities on sale recognized as deferred income tax benefit by CenterPoint Energy | | 127 | | | 127 | | | | |
Current tax expense of cash taxes payable upon sale | | 159 | | | | | | | |
Goodwill Impairment | | | | | 82 | | | | |
Cost to sell | | | | | 14 | | | | |
Pre-tax gain on sale | | 3 | | | | | | | |
Maximum contractual exposure under Securities Purchase Agreement | | 21 | | | 21 | | | | |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | 192 |
Accrued unbilled revenues | | | | | | | | | 109 |
Materials and supplies | | | | | | | | | 6 |
Other | | | | | | | | | 4 |
Total current assets held for sale | | | | | | | | | 311 |
Property, plant and equipment, net | | | | | | | | | 295 |
Goodwill | | | | | | | | | 220 |
Other | | | | | | | | | 234 |
Total non-current assets held for sale | | | | | | | | | 749 |
Total assets held for sale | | | | | | | | | 1,060 |
Accounts payable | | | | | | | | | 45 |
Taxes accrued | | | | | | | | | 2 |
Other | | | | | | | | | 40 |
Total current liabilities held for sale | | | | | | | | | 87 |
Other | | | | | | | | | 16 |
Total non-current liabilities held for sale | | | | | | | | | 16 |
Total liabilities held for sale | | | | | | | | | 103 |
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract] | | | | | | | | | |
Revenues | | 28 | | 326 | 250 | | 472 | [3] | |
Non-utility cost of revenues | | 6 | | 89 | 50 | | 132 | [3] | |
Operation and maintenance | | 21 | | 195 | 184 | | 291 | [3] | |
Depreciation and amortization | | 0 | | 15 | 0 | | 24 | [3] | |
Taxes other than income taxes | | 0 | | 0 | 1 | | 0 | [3] | |
Total | | 27 | | 299 | 235 | | 447 | [3] | |
Income (loss) from Discontinued Operations before income taxes | | 1 | | 27 | 15 | | 25 | [3] | |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | [1],[2] | 3 | | | (93) | | | | |
Income tax expense (benefit) | | 30 | | 6 | 25 | | 6 | [3] | |
Net income (loss) from Discontinued Operations | | (26) | | 21 | (103) | | 19 | [3] | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 24 | | |
Amortization of intangible assets in Non-utility cost of revenues | | | | | | | 9 | | |
Capital expenditures | | | | | 16 | | 38 | | |
Accounts payable related to capital expenditures | | | | | 2 | | 0 | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Pipeline construction and repair services capitalized | | 0 | [4] | 48 | 34 | [5] | 67 | [6] | |
Pipeline construction and repair services charges | | 0 | [4] | 0 | 1 | [5] | 4 | [6] | |
Energy Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Sales price of outstanding equity interests | | 400 | | | 400 | | | | |
Cash proceeds from sale | | 286 | | | | | | | |
Receivable from sale of disposal group | | 75 | | | 75 | | | | |
Net deferred tax liabilities on sale recognized as deferred income tax benefit by CenterPoint Energy | | 3 | | | 3 | | | | |
Current tax expense of cash taxes payable upon sale | | 3 | | | | | | | |
Goodwill Impairment | | | | | 62 | | | | |
Loss from reclassification to held for sale | | | | | 70 | | | | |
Cost to sell | | | | | 6 | | | | |
Reduction of loss from reclassification to held for sale | | 39 | | | 39 | | | | |
Outstanding obligation related to AMAs | | 14 | | | 14 | | | | |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | 445 |
Accrued unbilled revenues | | | | | | | | | 8 |
Natural gas inventory | | | | | | | | | 67 |
Non-trading derivative assets | | | | | | | | | 136 |
Other | | | | | | | | | 35 |
Total current assets held for sale | | | | | | | | | 691 |
Property, plant and equipment, net | | | | | | | | | 26 |
Goodwill | | | | | | | | | 62 |
Non-trading derivative assets | | | | | | | | | 58 |
Other | | | | | | | | | 67 |
Total non-current assets held for sale | | | | | | | | | 213 |
Total assets held for sale | | | | | | | | | 904 |
Accounts payable | | | | | | | | | 299 |
Taxes accrued | | | | | | | | | 0 |
Non-trading derivative liabilities | | | | | | | | | 44 |
Other | | | | | | | | | 25 |
Total current liabilities held for sale | | | | | | | | | 368 |
Non-trading derivative liabilities | | | | | | | | | 14 |
Benefit obligations | | | | | | | | | 4 |
Other | | | | | | | | | 9 |
Total non-current liabilities held for sale | | | | | | | | | 27 |
Total liabilities held for sale | | | | | | | | | 395 |
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract] | | | | | | | | | |
Revenues | | 281 | | 852 | 1,167 | | 2,094 | | |
Non-utility cost of revenues | | 300 | | 801 | 1,108 | | 1,986 | | |
Operation and maintenance | | 14 | | 17 | 34 | | 34 | | |
Depreciation and amortization | | 0 | | 3 | 0 | | 7 | | |
Taxes other than income taxes | | 2 | | 0 | 3 | | 0 | | |
Total | | 316 | | 821 | 1,145 | | 2,027 | | |
Income (loss) from Discontinued Operations before income taxes | | (35) | | 31 | 22 | | 67 | | |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | [1],[2] | 39 | | | (99) | | | | |
Income tax expense (benefit) | | 8 | | 8 | (4) | | 16 | | |
Net income (loss) from Discontinued Operations | | (4) | | 23 | (73) | | 51 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | | | 7 | | |
Write-down of natural gas inventory | | | | | 3 | | 3 | | |
Capital expenditures | | | | | 1 | | 7 | | |
Accounts payable related to capital expenditures | | | | | 4 | | 4 | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Transportation revenue | | 18 | [7] | 32 | 34 | [8] | 48 | | |
Natural gas expense | | 3 | [7] | 16 | 48 | [8] | 80 | | |
CERC Corp [Member] | | | | | | | | | |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Cash proceeds from sale | | | | | 286 | | 0 | | |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Total current assets held for sale | | 0 | | | 0 | | | | 691 |
Total non-current assets held for sale | | 0 | | | 0 | | | | 213 |
Total current liabilities held for sale | | 0 | | | 0 | | | | 368 |
Total non-current liabilities held for sale | | 0 | | | 0 | | | | 27 |
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract] | | | | | | | | | |
Income tax expense (benefit) | | 8 | | 5 | (3) | | 13 | | |
Net income (loss) from Discontinued Operations | | (4) | | 26 | (68) | | 54 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 7 | | |
CERC Corp [Member] | Infrastructure Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Pipeline construction and repair services capitalized | | 0 | [4] | 8 | 0 | [5] | 9 | [6] | |
Pipeline construction and repair services charges | | 0 | [4] | 0 | 1 | [5] | 1 | [6] | |
CERC Corp [Member] | Energy Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Goodwill Impairment | | | | | 62 | | | | |
Loss from reclassification to held for sale | | | | | 70 | | | | |
Cost to sell | | | | | 6 | | | | |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | 445 |
Accrued unbilled revenues | | | | | | | | | 8 |
Natural gas inventory | | | | | | | | | 67 |
Non-trading derivative assets | | | | | | | | | 136 |
Other | | | | | | | | | 35 |
Total current assets held for sale | | | | | | | | | 691 |
Property, plant and equipment, net | | | | | | | | | 26 |
Goodwill | | | | | | | | | 62 |
Non-trading derivative assets | | | | | | | | | 58 |
Other | | | | | | | | | 67 |
Total non-current assets held for sale | | | | | | | | | 213 |
Total assets held for sale | | | | | | | | | 904 |
Accounts payable | | | | | | | | | 299 |
Taxes accrued | | | | | | | | | 0 |
Non-trading derivative liabilities | | | | | | | | | 44 |
Other | | | | | | | | | 25 |
Total current liabilities held for sale | | | | | | | | | 368 |
Non-trading derivative liabilities | | | | | | | | | 14 |
Benefit obligations | | | | | | | | | 4 |
Other | | | | | | | | | 9 |
Total non-current liabilities held for sale | | | | | | | | | 27 |
Total liabilities held for sale | | | | | | | | | $ 395 |
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract] | | | | | | | | | |
Revenues | | 281 | | 852 | 1,167 | | 2,094 | | |
Non-utility cost of revenues | | 300 | | 801 | 1,108 | | 1,986 | | |
Operation and maintenance | | 14 | | 17 | 34 | | 34 | | |
Depreciation and amortization | | 0 | | 3 | 0 | | 7 | | |
Taxes other than income taxes | | 2 | | 0 | 3 | | 0 | | |
Total | | 316 | | 821 | 1,145 | | 2,027 | | |
Income (loss) from Discontinued Operations before income taxes | | (35) | | 31 | 22 | | 67 | | |
Gain (Loss) on Sale of Assets and Asset Impairment Charges | [1],[2] | 39 | | | (93) | | | | |
Income tax expense (benefit) | | 8 | | 5 | (3) | | 13 | | |
Net income (loss) from Discontinued Operations | | (4) | | 26 | (68) | | 54 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | | | 7 | | |
Write-down of natural gas inventory | | | | | 3 | | 3 | | |
Capital expenditures | | | | | 1 | | 7 | | |
Accounts payable related to capital expenditures | | | | | 4 | | 4 | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Transportation revenue | | 18 | [7] | 32 | 34 | [8] | 48 | | |
Natural gas expense | | $ 3 | [7] | $ 16 | $ 47 | [8] | $ 79 | | |
| |
[1] | Infrastructure Services Disposal Group includes $3 million gain on sale in the three and six months ended June 30, 2020. | |
[2] | Loss from classification to held for sale is inclusive of goodwill impairment and, for CenterPoint Energy, its costs to sell | |
[3] | Reflects February 1, 2019 to June 30, 2019 results only due to the Merger. | |
[4] | Represents charges for the period April 1, 2020 until the closing of the transaction. | |
[5] | Represents charges for the period January 1, 2020 until the closing of the transaction. | |
[6] | Represents charges for the period beginning February 1, 2019 due to the Merger. | |
[7] | Represents charges for the period April 1, 2020 until the closing of the transaction. | |
[8] | Represents charges for the period January 1, 2020 until the closing of the transaction. | |