XML 72 R37.htm IDEA: XBRL DOCUMENT
v3.25.1

Subsequent Events | 3 Months Ended
--- | ---
Mar. 31, 2025
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Equity Distribution Agreement (CenterPoint Energy) In April 2025, CenterPoint Energy entered into forward sale agreements pursuant to the Equity Distribution Agreement with counterparties relating to 3,277,764 shares and 680,902 shares of Common Stock at an initial forward price of $36.29 and $36.72, respectively. On a settlement date or dates, if CenterPoint Energy elects to physically settle the forward sale agreements, CenterPoint Energy will issue shares of Common Stock to the counterparties at the then-applicable forward sale price. The forward price used to determine amounts due at settlement is calculated based on a floating interest rate factor equal to the overnight bank funding rate less a spread of 75 basis points, and will be subject to decrease on certain dates specified in the forward sale agreements by specified amounts related to expected dividends on the shares of the Common Stock during the term of the forward sale agreements. If the overnight bank funding rate is less than or more than the spread on any day, the interest rate factor will result in a reduction or an increase, respectively, of the forward sale price. CenterPoint Energy may settle the forward sale agreements at any time on or prior to the maturity date of May 14, 2026. As initial pricing terms were based on market prices for Common Stock, no amounts were recorded at the execution of the forward agreements. CenterPoint Energy will receive proceeds when settlement occurs and will record the proceeds in equity. Assuming physical settlement of the April 2025 forward sale agreements, at April 7, 2025, CenterPoint Energy had $105 million of available capacity remaining under the at-the-market program. Dividends Declared (CenterPoint Energy)
Equity Instrument |  | Declaration Date |  | Record Date |  | Payment Date |  | Per Share
Common Stock |  | April 16, 2025 |  | May 15, 2025 |  | June 12, 2025 |  | $ | 0.2200 |

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration