XML 84 R64.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share (CenterPoint Energy) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Beneficial Conversion Feature     $ 32 $ 0
Amortization of Beneficial Conversion Feature $ 16 $ 0 25 0
Continuing Operations Numerator:        
Income (loss) from continuing operations 127 251 (791) 545
Preferred stock dividend requirement 36 29 102 88
Amortization of Beneficial Conversion Feature 16 0 25 0
Undistributed earnings allocated to preferred shareholders (1) [1] 0 0 0 0
Income (loss) available to common shareholders from continuing operations - basic and diluted 69 241 (1,100) 546
Net income (loss) from Discontinued Operations $ (6) $ 19 $ (182) $ 89
Denominator:        
Weighted average common shares outstanding - basic 544,811,000 502,228,000 525,160,000 501,986,000
Weighted average common shares outstanding - diluted 548,188,000 505,080,000 525,160,000 504,838,000
Earnings (loss) per common share:        
Basic earnings (loss) per common share - continuing operations $ 0.14 $ 0.44 $ (1.75) $ 0.91
Basic earnings (loss) per common share - discontinued operations (0.01) 0.04 (0.35) 0.18
Basic Earnings (Loss) Per Common Share 0.13 0.48 (2.10) 1.09
Diluted Earnings (Loss) Per Common Share        
Diluted earnings (loss) per common share - continuing operations 0.14 0.44 (1.75) 0.91
Diluted earnings (loss) per common share - discontinued operations (0.01) 0.03 (0.35) 0.17
Diluted Earnings (Loss) Per Common Share $ 0.13 $ 0.47 $ (2.10) $ 1.08
Restricted Stock [Member]        
Denominator:        
Restricted stock (4) [2] 3,377,000 2,852,000 0 2,852,000
Common Stock [Member]        
Amount of antidilutive shares excluded from computation of earnings per share     3,377,000  
Series B Preferred Stock [Member]        
Amount of antidilutive shares excluded from computation of earnings per share 35,940,000 33,537,000 35,923,000 33,537,000
Continuing Operations Numerator:        
Preferred stock dividend requirement $ 17 $ 17 $ 51 $ 51
Denominator:        
Preferred Stock [3] 0 0 0 0
Series C Preferred Stock [Member]        
Amount of antidilutive shares excluded from computation of earnings per share 47,355,000   25,578,000  
Continuing Operations Numerator:        
Preferred stock dividend requirement $ 7 $ 0 $ 14 $ 0
Denominator:        
Preferred Stock [4] 0 0 0 0
Continuing Operations [Member]        
Continuing Operations Numerator:        
Income (loss) available to common shareholders from continuing operations - basic and diluted $ 75 $ 222 $ (918) $ 457
[1] There were no undistributed earnings to be allocated to participating securities for the three and nine months ended September 30, 2020.
[2] 3,377,000 incremental common shares from assumed conversions of restricted stock have not been included in the computation of diluted earnings (loss) per share for the nine months ended September 30, 2020, respectively, as their inclusion would be anti-dilutive.
[3] The computation of diluted earnings per common share outstanding for the three and nine months ended September 30, 2020 excludes 35,940,000 and 35,923,000 potentially dilutive shares from the denominator, respectively, because the shares would be anti-dilutive. The computation of diluted earnings per common share outstanding for the three and nine months ended September 30, 2019 excludes 33,537,000 and 33,537,000 potentially dilutive shares from the denominator, respectively, because the shares would be anti-dilutive.
[4] The computation of diluted earnings per common share outstanding for the three and nine months ended September 30, 2020 excludes 47,355,000 and 25,578,000 potentially dilutive shares, respectively, of Series C Preferred Stock from the denominator because the shares would be anti-dilutive.