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Reportable Segments | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Reportable Segments | Reportable Segments The Registrants’ determination of reportable segments considers the strategic operating units under which its CODM manages sales, allocates resources and assesses performance of various products and services to wholesale or retail customers in differing regulatory environments. Each Registrant’s CODM views net income as the measure of profit or loss for the reportable segments. As of June 30, 2024, reportable segments by Registrant were as follows: CenterPoint Energy •CenterPoint Energy’s Electric reportable segment consists of electric transmission and distribution services in the Texas gulf coast area in the ERCOT region and electric transmission and distribution services primarily to southwestern Indiana and includes power generation and wholesale power operations in the MISO region. •CenterPoint Energy’s Natural Gas reportable segment consists of (i) intrastate natural gas sales to, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas; and (ii) permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies through CEIP. •CenterPoint Energy’s Corporate and Other category consists of energy performance contracting and sustainable infrastructure services through Energy Systems Group through June 30, 2023, the date of the sale of Energy Systems Group, and corporate operations which support all of the business operations of CenterPoint Energy. CenterPoint Energy’s Corporate and Other also includes office buildings and other real estate used for business operations. Houston Electric •Houston Electric’s single reportable segment consists of electric transmission services to transmission service customers in the ERCOT region and distribution services to REPs serving the Texas gulf coast area that includes the city of Houston. CERC •CERC’s single reportable segment following the Restructuring consisted of (i) intrastate natural gas sales to, and natural gas transportation and distribution for, residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas; and (ii) permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies through CEIP. Financial data for reportable segments is as follows: CenterPoint Energy
| Three Months Ended June 30, |  |  |  |  |  |  |
| 2024 |  | 2023 |  |  |  |  |  |  |
| Revenues from External Customers |  |  |  | Net Income (Loss) |  | Revenues from External Customers |  |  |  | Net Income (Loss) |  |  |  |  |  |  |
| (in millions) |  |  |  |  |  |  |
Electric | $ | 1,207 |  |  |  |  | $ | 215 |  |  | $ | 1,037 |  |  |  |  | $ | 180 |  |  |  |  |  |  |  |
Natural Gas | 695 |  |  |  |  | 47 |  |  | 764 |  |  |  |  | 35 |  |  |  |  |  |  |  |
Corporate and Other | 3 |  |  |  |  | (34) |  |  | 74 |  |  |  |  | (97) |  |  |  |  |  |  |  |
Consolidated | $ | 1,905 |  |  |  |  | $ | 228 |  |  | $ | 1,875 |  |  |  |  | $ | 118 |  |  |  |  |  |  |  |
| Six Months Ended June 30, |  |  |  |  |  |  |
| 2024 |  | 2023 |  |  |  |  |  |  |
| Revenues from External Customers |  |  |  | Net Income (Loss) |  | Revenues from External Customers |  |  |  | Net Income (Loss) |  |  |  |  |  |  |
| (in millions) |  |  |  |  |  |  |
Electric | $ | 2,256 |  |  |  |  | $ | 336 |  |  | $ | 1,989 |  |  |  |  | $ | 303 |  |  |  |  |  |  |  |
Natural Gas | 2,265 |  |  |  |  | 330 |  |  | 2,539 |  |  |  |  | 269 |  |  |  |  |  |  |  |
Corporate and Other | 4 |  |  |  |  | (88) |  |  | 126 |  |  |  |  | (129) |  |  |  |  |  |  |  |
Consolidated | $ | 4,525 |  |  |  |  | $ | 578 |  |  | $ | 4,654 |  |  |  |  | $ | 443 |  |  |  |  |  |  |  |
| Total Assets
| June 30, 2024 |  | December 31, 2023
| (in millions)
Electric | $ | 22,176 |  |  | $ | 21,089 |
Natural Gas | 17,669 |  |  | 17,429 |
Corporate and Other, net of eliminations (1) | 1,131 |  |  | 1,197 |
Consolidated | $ | 40,976 |  |  | $ | 39,715 |
(1)Total assets included pension and other postemployment-related regulatory assets of $374 million and $385 million as of June 30, 2024 and December 31, 2023, respectively. Houston Electric Houston Electric consists of a single reportable segment; therefore, a tabular reportable segment presentation has not been included. CERC CERC consists of a single reportable segment; therefore, a tabular reportable segment presentation has not been included.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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