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Equity (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Dividends Declared [Table Text Block]
CenterPoint Energy paid dividends on its Common Stock during the nine months ended September 30, 2020 and 2019 as presented in the table below:
Declaration DateRecord DatePayment Date
Per Share (1)
Total
(in millions)
February 3, 2020February 20, 2020March 12, 2020$0.2900 $145 
April 24, 2020May 21, 2020June 11, 20200.1500 82 
July 29, 2020August 20, 2020September 10, 20200.1500 82 
Total 2020$0.5900 $309 
December 12, 2018February 21, 2019March 14, 2019$0.2875 $144 
April 25, 2019May 16, 2019June 13, 20190.2875 144 
July 31, 2019August 15, 2019September 12, 20190.2875 145 
Total 2019$0.8625 $433 

(1)On April 1, 2020, in response to the reduction in cash flow related to the reduction in Enable quarterly common unit distributions announced by Enable on April 1, 2020, CenterPoint Energy announced a reduction of its quarterly Common Stock dividend per share from $0.2900 to $0.1500.
CenterPoint Energy paid dividends on its Series A Preferred Stock during the nine months ended September 30, 2020 and 2019 as presented in the table below:
Declaration DateRecord DatePayment DatePer ShareTotal
(in millions)
February 3, 2020February 14, 2020March 2, 2020$30.6250 $25 
July 29, 2020August 14, 2020September 1, 202030.6250 24 
Total 2020$61.2500 $49 
December 12, 2018February 15, 2019March 1, 2019$32.1563 $26 
July 31, 2019August 15, 2019September 3, 201930.6250 24 
Total 2019$62.7813 $50 

CenterPoint Energy paid dividends on its Series B Preferred Stock during the nine months ended September 30, 2020 and 2019 as presented in the table below:
Declaration DateRecord DatePayment DatePer ShareTotal
(in millions)
February 3, 2020February 14, 2020March 2, 2020$17.5000 $17 
April 24, 2020May 15, 2020June 1, 202017.5000 17 
July 29, 2020August 14, 2020September 1, 202017.5000 17 
Total 2020$52.5000 $51 
December 12, 2018February 15, 2019March 1, 2019$17.5000 $17 
April 25, 2019May 15, 2019June 3, 201917.5000 17 
July 31, 2019August 15, 2019September 3, 201917.5000 17 
Total 2019$52.5000 $51 

CenterPoint Energy paid dividends on its Series C Preferred Stock during the nine months ended September 30, 2020 as presented in the table below:
Declaration DateRecord DatePayment DatePer ShareTotal
(in millions)
April 24, 2020(1)May 21, 2020June 11, 2020$0.1500 $
July 29, 2020August 20, 2020September 10, 20200.1500 
Total 2020$0.3000 $14 

(1)Declaration date for dividends on Common Stock. The Series C Preferred Stock is entitled to participate in any dividend or distribution (excluding those payable in Common Stock) with the Common Stock on a pari passu, pro rata, as-converted basis. The per share amount reflects the dividend per share of Common Stock as if the Series C Preferred Stock were converted into Common Stock.

Income Allocated to Preferred Shareholders (CenterPoint Energy)
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
(in millions)
Series A Preferred Stock$12 $12 $37 $37 
Series B Preferred Stock17 17 51 51 
Series C Preferred Stock— 14 — 
Preferred dividend requirement
36 29 102 88 
Amortization of beneficial conversion feature16 — 25 — 
Total income allocated to preferred shareholders
$52 $29 $127 $88 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in accumulated comprehensive income (loss) are as follows:
Three Months Ended September 30,
20202019
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Beginning Balance$(84)$— $10 $(105)$(15)$
Other comprehensive loss before reclassifications:
Deferred loss from interest rate derivatives (1)
— — — (2)— — 
Other comprehensive income (loss) from unconsolidated affiliates— — (2)— — 
Amounts reclassified from accumulated other comprehensive loss:
Actuarial losses (2)
— — — — 
Tax expense
(1)— — — — — 
Net current period other comprehensive income (loss)— — (2)— — 
Ending Balance$(82)$— $10 $(107)$(15)$
Nine Months Ended September 30,
20202019
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Beginning Balance$(98)$(15)$10 $(108)$(14)$
Other comprehensive loss before reclassifications:
Deferred loss from interest rate derivatives (1)
— — — (3)(1)— 
Other comprehensive loss from unconsolidated affiliates
(2)— — (2)— — 
Amounts reclassified from accumulated other comprehensive loss:
Prior service cost (2)
— — — — 
Actuarial losses (2)
— — — — 
Reclassification of deferred loss from cash flow hedges realized in net income— — — — — 
Reclassification of deferred loss from cash flow hedges (3)
19 19 — — — — 
Tax expense
(7)(4)— (2)— — 
Net current period other comprehensive income (loss)
16 15 — (1)— 
Ending Balance$(82)$— $10 $(107)$(15)$

(1)Gains and losses are reclassified from Accumulated other comprehensive income into income when the hedged transactions affect earnings. The reclassification amounts are included in Interest and other finance charges in each of the Registrants’ respective Statements of Consolidated Income. Over the next twelve months estimated amortization from Accumulated Comprehensive Income into income is expected to be immaterial.

(2)Amounts are included in the computation of net periodic cost and are reflected in Other income (expense), net in each of the Registrants’ respective Statements of Consolidated Income.

(3)The cost of debt approved by the PUCT as part of Houston Electric’s Stipulation and Settlement Agreement included unrealized gains and losses on interest rate hedges. Accordingly, deferred gains and losses on interest rate hedges were reclassified to regulatory assets or liabilities, as appropriate.