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CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Utility revenues $ 2,161 $ 1,894
Non-utility revenues 1,370 1,261
Total 3,531 3,155
Expenses:    
Utility natural gas, fuel and purchased power 735 637
Non-utility cost of revenues, including natural gas [1] 1,251 1,273
Operation and maintenance 861 569
Depreciation and amortization 313 314
Taxes other than income taxes 126 111
Total 3,286 2,904
Operating Income 245 251
Other Income (Expense):    
Gain on marketable securities 83 1
Loss on indexed debt securities (86) (18)
Interest and other finance charges (121) (78)
Interest on Securitization Bonds (12) (16)
Equity in earnings of unconsolidated affiliate, net 62 69
Other income (expense), net 20 3
Total (54) (39)
Income Before Income Taxes 191 212
Income tax expense 22 47
Net Income 169 165
Preferred stock dividend requirement 29 0
Income Available to Common Shareholders $ 140 $ 165
Basic Earnings Per Common Share $ 0.28 $ 0.38
Diluted Earnings Per Common Share $ 0.28 $ 0.38
Weighted Average Common Shares Outstanding, Basic 501,521,000 431,231,000
Weighted Average Common Shares Outstanding, Diluted 503,944,000 434,008,000
Houston Electric [Member]    
Revenues:    
Total $ 686 $ 755
Expenses:    
Operation and maintenance 368 342
Depreciation and amortization 175 233
Taxes other than income taxes 62 61
Total 605 636
Operating Income 81 119
Other Income (Expense):    
Interest and other finance charges (40) (33)
Interest on Securitization Bonds (12) (16)
Other income (expense), net 4 (3)
Total (48) (52)
Income Before Income Taxes 33 67
Income tax expense 6 15
Net Income 27 52
CERC Corp [Member]    
Revenues:    
Utility revenues 1,185 1,143
Non-utility revenues 1,183 1,257
Total 2,368 2,400
Expenses:    
Utility natural gas, fuel and purchased power 625 637
Non-utility cost of revenues, including natural gas [1] 1,171 1,273
Operation and maintenance 250 238
Depreciation and amortization 77 73
Taxes other than income taxes 49 48
Total 2,172 2,269
Operating Income 196 131
Other Income (Expense):    
Interest and other finance charges (29) (29)
Other income (expense), net (3) (4)
Total (32) (33)
Income Before Income Taxes 164 98
Income tax expense 26 20
Income From Continuing Operations 138 78
Income from discontinued operations (net of tax of $0 and $17, respectively) 0 52
Net Income $ 138 $ 130
[1] Income statement impact associated with cash flow hedge activity is related to gains and losses reclassified from Accumulated other comprehensive income into income. Amounts are immaterial for each Registrant in the three months ended March 31, 2019 and 2018, respectively.