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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables represent the Company’s disaggregation of revenue from contracts with customers for the years ended December 31, 2022, 2021, and 2020:
| For the Year Ended December 31, 2022
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Retail revenue |  |  |  |  |  |  |  |  |  |  |
Home(a) | $ | 6,388 |  |  | $ | 2,088 |  |  | $ | 2,286 |  |  |  |  | $ | (1) |  |  | $ | 10,761 |
Business | 3,229 |  |  | 13,768 |  |  | 1,964 |  |  |  |  | — |  |  | 18,961 |
Total retail revenue(b) | 9,617 |  |  | 15,856 |  |  | 4,250 |  |  |  |  | (1) |  |  | 29,722 |
Energy revenue(b) | 111 |  |  | 641 |  |  | 466 |  |  |  |  | 32 |  |  | 1,250 |
Capacity revenue(b) | — |  |  | 232 |  |  | 40 |  |  |  |  | — |  |  | 272 |
Mark-to-market for economic hedging activities(c) | 2 |  |  | (30) |  |  | (56) |  |  |  |  | 1 |  |  | (83) |
Contract amortization | — |  |  | (40) |  |  | 1 |  |  |  |  | — |  |  | (39) |
Other revenue(b) | 327 |  |  | 104 |  |  | 5 |  |  |  |  | (15) |  |  | 421 |
Total revenue | 10,057 |  |  | 16,763 |  |  | 4,706 |  |  |  |  | 17 |  |  | 31,543 |
Less: Revenues accounted for under topics other than ASC 606 and ASC 815 | — |  |  | (7) |  |  | 41 |  |  |  |  | 1 |  |  | 35 |
Less: Realized and unrealized ASC 815 revenue | (2) |  |  | 84 |  |  | (93) |  |  |  |  | 31 |  |  | 20 |
Total revenue from contracts with customers | $ | 10,059 |  |  | $ | 16,686 |  |  | $ | 4,758 |  |  |  |  | $ | (15) |  |  | $ | 31,488 |
(a) Home includes Services
(b) The following amounts of retail, energy, capacity and other revenue relate to derivative instruments and are accounted for under ASC 815:
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Retail revenue | $ | — |  |  | $ | 110 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 110 |
Energy revenue | — |  |  | (31) |  |  | (8) |  |  |  |  | 31 |  |  | (8) |
Capacity revenue | — |  |  | 33 |  |  | — |  |  |  |  | — |  |  | 33 |
Other revenue | (4) |  |  | 2 |  |  | (29) |  |  |  |  | (1) |  |  | (32) |
(c) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815
| For the Year Ended December 31, 2021
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Retail revenue |  |  |  |  |  |  |  |  |  |  |
Home(a) | $ | 5,659 |  |  | $ | 1,832 |  |  | $ | 2,059 |  |  |  |  | $ | (1) |  |  | $ | 9,549 |
Business | 2,745 |  |  | 10,030 |  |  | 1,237 |  |  |  |  | — |  |  | 14,012 |
Total retail revenue | 8,404 |  |  | 11,862 |  |  | 3,296 |  |  |  |  | (1) |  |  | 23,561 |
Energy revenue(c) | 329 |  |  | 508 |  |  | 371 |  |  |  |  | 7 |  |  | 1,215 |
Capacity revenue(c) | — |  |  | 718 |  |  | 57 |  |  |  |  | — |  |  | 775 |
Mark-to-market for economic hedging activities(d) | (3) |  |  | (88) |  |  | (86) |  |  |  |  | 13 |  |  | (164) |
Contract amortization | — |  |  | (26) |  |  | (4) |  |  |  |  | — |  |  | (30) |
Other revenue(b)(c) | 1,565 |  |  | 51 |  |  | 25 |  |  |  |  | (9) |  |  | 1,632 |
Total revenue | 10,295 |  |  | 13,025 |  |  | 3,659 |  |  |  |  | 10 |  |  | 26,989 |
Less: Revenues accounted for under topics other than ASC 606 and ASC 815 | — |  |  | (25) |  |  | 3 |  |  |  |  | — |  |  | (22) |
Less: Realized and unrealized ASC 815 revenue | 130 |  |  | 184 |  |  | (96) |  |  |  |  | 16 |  |  | 234 |
Total revenue from contracts with customers | $ | 10,165 |  |  | $ | 12,866 |  |  | $ | 3,752 |  |  |  |  | $ | (6) |  |  | $ | 26,777 |
(a) Home includes Services
(b) Other Revenue in Texas includes ancillary revenues of $1.3 billion driven by high pricing during Winter Storm Uri
(c) The following amounts of energy, capacity and other revenue relate to derivative instruments and are accounted for under ASC 815:
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Energy revenue | $ | — |  |  | $ | 131 |  |  | $ | 2 |  |  |  |  | $ | 3 |  |  | $ | 136 |
Capacity revenue | — |  |  | 149 |  |  | — |  |  |  |  | — |  |  | 149 |
Other revenue | 133 |  |  | (8) |  |  | (12) |  |  |  |  | — |  |  | 113 |
(d) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815
| For the Year Ended December 31, 2020
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Retail revenue |  |  |  |  |  |  |  |  |  |  |
Home(a) | $ | 5,020 |  |  | $ | 1,210 |  |  | $ | 103 |  |  |  |  | $ | (2) |  |  | $ | 6,331 |
Business | 1,034 |  |  | 95 |  |  | — |  |  |  |  | — |  |  | 1,129 |
Total retail revenue | 6,054 |  |  | 1,305 |  |  | 103 |  |  |  |  | (2) |  |  | 7,460 |
Energy revenue(b) | 24 |  |  | 183 |  |  | 333 |  |  |  |  | (1) |  |  | 539 |
Capacity revenue(b) | — |  |  | 620 |  |  | 61 |  |  |  |  | (1) |  |  | 680 |
Mark-to-market for economic hedging activities(c) | 2 |  |  | 88 |  |  | (3) |  |  |  |  | 8 |  |  | 95 |
Contract amortization | — |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Other revenue(b) | 232 |  |  | 53 |  |  | 42 |  |  |  |  | (8) |  |  | 319 |
Total revenue | 6,312 |  |  | 2,249 |  |  | 536 |  |  |  |  | (4) |  |  | 9,093 |
Less: Revenues accounted for under topics other than ASC 606 and ASC 815 | — |  |  | 1 |  |  | 17 |  |  |  |  | — |  |  | 18 |
Less: Realized and unrealized ASC 815 revenue | 30 |  |  | 314 |  |  | 38 |  |  |  |  | 3 |  |  | 385 |
Total revenue from contracts with customers | $ | 6,282 |  |  | $ | 1,934 |  |  | $ | 481 |  |  |  |  | $ | (7) |  |  | $ | 8,690 |
(a) Home includes Services
(b) The following amounts of energy, capacity and other revenue relate to derivative instruments and are accounted for under ASC 815:
(In millions) | Texas |  | East |  | West/Services/Other |  |  |  | Corporate/Eliminations |  | Total
Energy revenue | $ | — |  |  | $ | 67 |  |  | $ | 43 |  |  |  |  | $ | (5) |  |  | $ | 105 |
Capacity revenue | — |  |  | 156 |  |  | — |  |  |  |  | — |  |  | 156 |
Other revenue | 28 |  |  | 3 |  |  | (2) |  |  |  |  | — |  |  | 29 |
(c) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815
Contract Assets and Liabilities | The following table reflects the contract assets and liabilities included in the Company's balance sheet as of December 31, 2022 and 2021:
(In millions) |  | December 31, 2022 |  | December 31, 2021
Deferred customer acquisition costs |  | $ | 126 |  |  | $ | 133 |
Accounts receivable, net - Contracts with customers |  | 4,704 |  |  | 3,057 |
Accounts receivable, net - Accounted for under topics other than ASC 606 |  | 64 |  |  | 182 |
Accounts receivable, net - Affiliate |  | 5 |  |  | 6 |
Total accounts receivable, net |  | $ | 4,773 |  |  | $ | 3,245 |
Unbilled revenues (included within Accounts receivable, net - Contracts with customers) |  | $ | 1,952 |  |  | $ | 1,574 |
Deferred revenues (a) |  | $ | 186 |  |  | $ | 227 |
(a) Deferred revenues from contracts with customers for the years ended December 31, 2022 and 2021 were approximately $175 million and $224 million, respectively

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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