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Equity (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Dividends Declared
Dividends Declared and Paid (CenterPoint Energy)

CenterPoint Energy declared and paid dividends on its Common Stock as follows during the periods indicated below:

Dividends Declared Per Share
Dividends Paid Per Share
Three Months Ended September 30,Nine Months Ended September 30,Three Months Ended September 30,Nine Months Ended September 30,
2024
2023
2024
2023
2024
2023
2024
2023
Common Stock$0.410 $0.390 $0.610 $0.580 $0.200 $0.190 $0.600 $0.570 
Series A Preferred Stock (1)
— 30.625 — 30.625 — 30.625 — 61.250 

(1)On September 1, 2023, CenterPoint Energy redeemed all 800,000 outstanding shares of its Series A Preferred Stock, in whole for cash at a redemption price of $1,000 per share, plus any accumulated and unpaid dividends thereon to, but excluding, the redemption date.
Schedule of Dividend Requirement on Preferred Stock
Income Allocated to Series A Preferred Shareholders (CenterPoint Energy)
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(in millions)
Series A Preferred Stock (1)
$— $26 $— $50 
Total income allocated to preferred shareholders$— $26 $— $50 

(1)On September 1, 2023, CenterPoint Energy redeemed all 800,000 outstanding shares of its Series A Preferred Stock, in whole for cash at a redemption price of $1,000 per share, plus any accumulated and unpaid dividends thereon to, but excluding, the redemption date.
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated comprehensive income (loss) are as follows:
Three Months Ended September 30,
20242023
CenterPoint EnergyCERCCenterPoint EnergyCERC
(in millions)
Beginning Balance$(30)$15 $(32)$15 
Other comprehensive income before reclassifications:

Net deferred gain from cash flow hedges — — 
Amounts reclassified from accumulated other comprehensive income (loss):
Prior service cost (1)— — — 
Actuarial losses (1)— — — 
Reclassification of deferred loss from cash flow hedges realized in net income
(1)— — — 
Other comprehensive income
— — — 
Ending Balance$(30)$15 $(29)$15 
Nine Months Ended September 30,
20242023
CenterPoint EnergyCERCCenterPoint EnergyCERC
(in millions)
Beginning Balance$(35)$16 $(31)$16 
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans(2)— — — 
Net deferred gain from cash flow hedges
— — 
Amounts reclassified from accumulated other comprehensive income (loss):
Prior service cost (benefit) (1)
— — (1)
Actuarial losses (gain) (1)
(1)— — 
Reclassification of deferred loss from cash flow hedges realized in net income
(1)— — — 
Other comprehensive income (loss)
(1)(1)
Ending Balance$(30)$15 $(29)$15 
(1)Amounts are included in the computation of net periodic cost and are reflected in Other income, net in each of the Registrants’ respective Condensed Statements of Consolidated Income.