XML 71 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Equity
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Equity Equity
Dividends Declared and Paid (CenterPoint Energy)

CenterPoint Energy’s dividends declared and dividends paid are presented below:

Dividends Declared Per Share
Dividends Paid Per Share
Three Months Ended March 31,Three Months Ended March 31,
2025202420252024
Common Stock$— $— $0.220 $0.200 
Common Stock (CenterPoint Energy)

(a) Equity Distribution Agreement

On January 10, 2024, CenterPoint Energy entered into an Equity Distribution Agreement with certain financial institutions with respect to the offering and sale from time to time of shares of Common Stock, having an aggregate gross sales price of up to $500 million. Sales of Common Stock may be made by any method permitted by applicable law and deemed to be an “at the market offering” as defined in Rule 415 of the Securities Act of 1933, as amended. CenterPoint Energy has also entered into forward sales agreements pursuant to master forward confirmations. The offer and sale of Common Stock under the Equity Distribution Agreement will terminate upon the earliest of (1) the sale of all Common Stock subject to the Equity Distribution Agreement, (2) termination of the Equity Distribution Agreement, or (3) May 17, 2026.

As of March 31, 2025, CenterPoint Energy had $250 million of remaining capacity available under the at-the-market program, excluding any forward sales executed in April 2025. See Note 16 for additional details regarding forward sales under the Equity Distribution Agreement.

Accumulated Other Comprehensive Income (Loss) (CenterPoint Energy and CERC)

Changes in accumulated comprehensive income (loss) are as follows:
Three Months Ended March 31,
20252024
CenterPoint EnergyCERCCenterPoint EnergyCERC
(in millions)
Beginning Balance$(17)$17 $(35)$16 
Other comprehensive income (loss) before reclassifications:
Remeasurement of pension and other postretirement plans— — (2)— 
Net deferred gain from cash flow hedges
— — 3 — 
Amounts reclassified from accumulated other comprehensive income (loss):
Actuarial losses (gain) (1)
— — 1 (1)
Other comprehensive income (loss)
— — 2 (1)
Ending Balance$(17)$17 $(33)$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.