Divestitures (CenterPoint Energy and CERC) (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended | |
Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 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 | | 0 | | 1,117 | 1,417 | | 3,683 | | |
Non-utility cost of revenues | | 0 | | 811 | 1,158 | | 2,929 | | |
Operation and maintenance | | 0 | | 252 | 218 | | 577 | | |
Depreciation and amortization | | 0 | | 18 | 0 | | 49 | | |
Taxes other than income taxes | | 0 | | 1 | 4 | | 1 | | |
Total | | 0 | | 1,082 | 1,380 | | 3,556 | | |
Income (loss) from Discontinued Operations before income taxes | | 0 | | 35 | 37 | | 127 | | |
Gain (loss) on classification to held for sale, net (2) | [1] | (6) | | 0 | (198) | | 0 | | |
Income tax expense (benefit) | | 0 | | 16 | 21 | | 38 | | |
Net income (loss) from Discontinued Operations | | (6) | | 19 | (182) | | 89 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 49 | | |
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 (benefit) of cash taxes payable upon sale | | 2 | | | (157) | | | | |
Goodwill Impairment | | | | | 82 | | | | |
Cost to sell | | | | | 14 | | | | |
Pre-tax gain on sale | | 9 | | | 6 | | | | |
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 |
Natural gas inventory | | | | | | | | | 0 |
Materials and supplies | | | | | | | | | 6 |
Non-trading derivative assets | | | | | | | | | 0 |
Other | | | | | | | | | 4 |
Total current assets held for sale | | | | | | | | | 311 |
Property, plant and equipment, net | | | | | | | | | 295 |
Goodwill | | | | | | | | | 220 |
Non-trading derivative assets | | | | | | | | | 0 |
Other | | | | | | | | | 234 |
Total non-current assets held for sale | | | | | | | | | 749 |
Total assets held for sale | | | | | | | | | 1,060 |
Accounts payable | | | | | | | | | 45 |
Taxes accrued | | | | | | | | | 2 |
Non-trading derivative liabilities | | | | | | | | | 0 |
Other | | | | | | | | | 40 |
Total current liabilities held for sale | | | | | | | | | 87 |
Non-trading derivative liabilities | | | | | | | | | 0 |
Benefit obligations | | | | | | | | | 0 |
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 | | 0 | | 377 | 250 | | 849 | [2] | |
Non-utility cost of revenues | | 0 | | 96 | 50 | | 228 | [2] | |
Operation and maintenance | | 0 | | 235 | 184 | | 526 | [2] | |
Depreciation and amortization | | 0 | | 15 | 0 | | 39 | [2] | |
Taxes other than income taxes | | 0 | | 1 | 1 | | 1 | [2] | |
Total | | 0 | | 347 | 235 | | 794 | [2] | |
Income (loss) from Discontinued Operations before income taxes | | 0 | | 30 | 15 | | 55 | [2] | |
Gain (loss) on classification to held for sale, net (2) | [1] | (9) | | 0 | (102) | | 0 | [2] | |
Income tax expense (benefit) | | (1) | | 15 | 24 | | 21 | [2] | |
Net income (loss) from Discontinued Operations | | (8) | | 15 | (111) | | 34 | [2] | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 39 | [2] | |
Amortization of intangible assets in Non-utility cost of revenues | | | | | 0 | | 15 | [2] | |
Write-down of natural gas inventory | | | | | 0 | | 0 | [2] | |
Capital expenditures | | | | | 16 | | 53 | [2] | |
Accounts payable related to capital expenditures | | | | | 2 | | 1 | [2] | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Pipeline construction and repair services capitalized | | 0 | [3] | 45 | 34 | [3] | 112 | [4] | |
Pipeline construction and repair services charges | | 0 | [3] | 1 | 1 | [3] | 5 | [4] | |
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 | | 79 | | | 79 | | | | |
Net deferred tax liabilities on sale recognized as deferred income tax benefit by CenterPoint Energy | | 3 | | | 3 | | | | |
Current tax expense (benefit) of cash taxes payable upon sale | | (1) | | | (4) | | | | |
Goodwill Impairment | | | | | 62 | | | | |
Loss from reclassification to held for sale | | 0 | | | 31 | | | | |
Cost to sell | | 0 | | | 6 | | | | |
Pre-tax gain on sale | | (3) | | | (3) | | | | |
Outstanding obligation related to AMAs | | 31 | | | 31 | | | | 0 |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | 445 |
Accrued unbilled revenues | | | | | | | | | 8 |
Natural gas inventory | | | | | | | | | 67 |
Materials and supplies | | | | | | | | | 0 |
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 | | 0 | | 740 | 1,167 | | 2,834 | | |
Non-utility cost of revenues | | 0 | | 715 | 1,108 | | 2,701 | | |
Operation and maintenance | | 0 | | 17 | 34 | | 51 | | |
Depreciation and amortization | | 0 | | 3 | 0 | | 10 | | |
Taxes other than income taxes | | 0 | | 0 | 3 | | 0 | | |
Total | | 0 | | 735 | 1,145 | | 2,762 | | |
Income (loss) from Discontinued Operations before income taxes | | 0 | | 5 | 22 | | 72 | | |
Gain (loss) on classification to held for sale, net (2) | [1] | 3 | | 0 | (96) | | 0 | | |
Income tax expense (benefit) | | 1 | | 1 | (3) | | 17 | | |
Net income (loss) from Discontinued Operations | | 2 | | 4 | (71) | | 55 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 10 | | |
Amortization of intangible assets in Non-utility cost of revenues | | | | | 0 | | 0 | | |
Write-down of natural gas inventory | | | | | 3 | | 5 | | |
Capital expenditures | | | | | 1 | | 12 | | |
Accounts payable related to capital expenditures | | | | | 4 | | 1 | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Transportation revenue | | 0 | | 33 | 34 | [5] | 81 | | |
Natural gas expense | | 0 | | 10 | 48 | [5] | 90 | | |
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) | | 1 | | 2 | (2) | | 15 | | |
Net income (loss) from Discontinued Operations | | 2 | | 3 | (66) | | 57 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 10 | | |
CERC Corp [Member] | Infrastructure Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Pipeline construction and repair services capitalized | | 0 | | 3 | 0 | [3] | 12 | | |
Pipeline construction and repair services charges | | 0 | | 1 | 1 | [3] | 2 | | |
CERC Corp [Member] | Energy Services Disposal Group [Member] | | | | | | | | | |
Discontinued Operation, Additional Disclosures [Abstract] | | | | | | | | | |
Net deferred tax liabilities on sale recognized as deferred income tax benefit by CenterPoint Energy | | 3 | | | 3 | | | | |
Current tax expense (benefit) of cash taxes payable upon sale | | (1) | | | (4) | | | | |
Goodwill Impairment | | | | | 62 | | | | |
Pre-tax gain on sale | | (3) | | | (3) | | | | |
Outstanding obligation related to AMAs | | 31 | | | 31 | | | | 0 |
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract] | | | | | | | | | |
Receivables, net | | | | | | | | | 445 |
Accrued unbilled revenues | | | | | | | | | 8 |
Natural gas inventory | | | | | | | | | 67 |
Materials and supplies | | | | | | | | | 0 |
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 | | 0 | | 740 | 1,167 | | 2,834 | | |
Non-utility cost of revenues | | 0 | | 715 | 1,108 | | 2,701 | | |
Operation and maintenance | | 0 | | 17 | 34 | | 51 | | |
Depreciation and amortization | | 0 | | 3 | 0 | | 10 | | |
Taxes other than income taxes | | 0 | | 0 | 3 | | 0 | | |
Total | | 0 | | 735 | 1,145 | | 2,762 | | |
Income (loss) from Discontinued Operations before income taxes | | 0 | | 5 | 22 | | 72 | | |
Gain (loss) on classification to held for sale, net (2) | [1] | 3 | | 0 | (90) | | 0 | | |
Income tax expense (benefit) | | 1 | | 2 | (2) | | 15 | | |
Net income (loss) from Discontinued Operations | | 2 | | 3 | (66) | | 57 | | |
Discontinued Operation, Alternative Cash Flow Information [Abstract] | | | | | | | | | |
Depreciation and Amortization | | | | | 0 | | 10 | | |
Amortization of intangible assets in Non-utility cost of revenues | | | | | 0 | | 0 | | |
Write-down of natural gas inventory | | | | | 3 | | 5 | | |
Capital expenditures | | | | | 1 | | 12 | | |
Accounts payable related to capital expenditures | | | | | 4 | | 1 | | |
Discontinued Operation, Continuing Involvement [Abstract] | | | | | | | | | |
Transportation revenue | | 0 | | 33 | 34 | [5] | 81 | | |
Natural gas expense | | $ 0 | | $ 10 | $ 47 | [5] | $ 89 | | |
| |
[1] | Loss from classification to held for sale is inclusive of goodwill impairment, gains and losses recognized upon sale, and for CenterPoint Energy, its costs to sell. | |
[2] | Reflects February 1, 2019 to September 30, 2019 results only due to the Merger. | |
[3] | Represents charges for the period January 1, 2020 until the closing of the sale of the Infrastructure Services Disposal Group. | |
[4] | Represents charges for the period beginning February 1, 2019 due to the Merger. | |
[5] | Represents charges for the period January 1, 2020 until the closing of the sale of the Energy Services Disposal Group. | |