XML 59 R37.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Supplemental Disclosure of Cash Flow Information
 3 Months Ended
Mar. 31, 2024
Supplemental Cash Flow Elements [Abstract]  
Supplemental Disclosure of Cash Flow Information Supplemental Disclosure of Cash Flow and Balance Sheet Information
Supplemental Disclosure of Cash Flow Information

The table below provides supplemental disclosure of cash flow information:

Three Months Ended March 31,
20242023
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Cash Payments/Receipts:
Interest, net of capitalized interest$228 $59 $76 $191 $78 $58 
Income tax refunds, net
(12)— — (1)— — 
Non-cash transactions: 
Accounts payable related to capital expenditures195 149 59 270 178 85 
ROU assets obtained in exchange for lease liabilities (1)— — — 1 1 — 

(1) Excludes ROU assets obtained through prepayment of the lease liabilities. See Note 19.
The table below provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the amount reported in the Condensed Statements of Consolidated Cash Flows:

March 31, 2024December 31, 2023
CenterPoint EnergyHouston ElectricCERCCenterPoint EnergyHouston ElectricCERC
(in millions)
Cash and cash equivalents (1)$161 $109 $17 $90 $76 $1 
Restricted cash included in Prepaid expenses and other current assets (2)
18 13 — 19 13 — 
Total cash, cash equivalents and restricted cash shown in Condensed Statements of Consolidated Cash Flows$179 $122 $17 $109 $89 $1 

(1)Cash and cash equivalents related to VIEs as of March 31, 2024 and December 31, 2023 included $132 million and $90 million, respectively, at CenterPoint Energy and $109 million and $76 million, respectively, at Houston Electric.
(2)Restricted cash primarily related to accounts established by CenterPoint Energy and Houston Electric in connection with the issuance of the Securitization Bonds to collateralize the Securitization Bonds that were issued in these financing transactions. These restricted cash accounts are not available for withdrawal until the maturity of the Securitization Bonds.

Supplemental Disclosure of Balance Sheet Information

Included in other current liabilities on CERC’s Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 was $65 million and $118 million, respectively, of credits related to customers on budget billing programs. Included in other current liabilities on Houston Electric’s Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 was $50 million and $47 million, respectively, of accrued contributions in aid of construction.