2019 Q4 Form 8-K Financial Statement

#000113031020000049 Filed on May 19, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q1 2019
Revenue $2.019B $2.229B $7.564B
YoY Change 21.19% 16.09% 20.5%
Cost Of Revenue $47.00M $257.0M
YoY Change -96.31% 542.5%
Gross Profit $2.182B $7.307B
YoY Change 237.25% 17.16%
Gross Profit Margin 97.89% 96.6%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $305.0M $300.0M $1.225B
YoY Change 16.86% -4.46% -0.41%
% of Gross Profit 13.75% 16.76%
Operating Expenses $1.745B $2.018B $6.493B
YoY Change -217.91% -28.87% 20.04%
Operating Profit $274.0M $211.0M $1.071B
YoY Change 42.71% -22.71% 23.39%
Interest Expense -$128.0M -$146.0M $528.0M
YoY Change -3300.0% 14.96% 46.26%
% of Operating Profit -46.72% -69.19% 49.3%
Other Income/Expense, Net $8.000M -$54.00M -$526.0M
YoY Change -20.0% 38.46% 65.93%
Pretax Income $154.0M $157.0M $545.0M
YoY Change -29.36% -25.94% -1.09%
Income Tax $17.00M $14.00M $30.00M
% Of Pretax Income 11.04% 8.92% 5.5%
Net Earnings $157.0M $169.0M $791.0M
YoY Change 30.83% 2.42% 114.95%
Net Earnings / Revenue 7.78% 7.58% 10.46%
Basic Earnings Per Share $0.25 $0.28 $1.34
Diluted Earnings Per Share $0.25 $0.28 $1.33
COMMON SHARES
Basic Shares Outstanding 502.2M shares 501.5M shares 502.1M shares
Diluted Shares Outstanding 503.9M shares 505.2M shares

Balance Sheet

Concept 2019 Q4 2019 Q1 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.063B $878.0M $1.063B
YoY Change -77.72% -24.51% -77.72%
Cash & Equivalents $241.0M $255.0M $241.0M
Short-Term Investments $822.0M $623.0M $822.0M
Other Short-Term Assets $1.594B $755.0M $1.594B
YoY Change 137.91% 37.77% 137.91%
Inventory $472.0M $371.0M $472.0M
Prepaid Expenses
Receivables $702.0M $1.415B $702.0M
Other Receivables $106.0M $0.00 $106.0M
Total Short-Term Assets $3.937B $3.419B $3.937B
YoY Change -44.61% 12.14% -43.96%
LONG-TERM ASSETS
Property, Plant & Equipment $20.62B $19.51B $20.66B
YoY Change 47.07% 47.76% 47.07%
Goodwill $4.882B $5.129B
YoY Change 544.91% 491.58%
Intangibles $321.0M $460.0M
YoY Change 393.85%
Long-Term Investments $2.408B $2.471B $2.771B
YoY Change -2.98% 0.16% -2.6%
Other Assets $236.0M $286.0M $3.226B
YoY Change 48.43% 47.42% 49.14%
Total Long-Term Assets $31.59B $30.48B $31.59B
YoY Change 58.08% 57.45% 58.09%
TOTAL ASSETS
Total Short-Term Assets $3.937B $3.419B $3.937B
Total Long-Term Assets $31.59B $30.48B $31.59B
Total Assets $35.53B $33.90B $35.53B
YoY Change 31.14% 51.28% 31.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $884.0M $1.181B $884.0M
YoY Change 16.16% 65.87% -28.71%
Accrued Expenses $158.0M $127.0M $165.0M
YoY Change 30.58% 64.94% 36.36%
Deferred Revenue $124.0M
YoY Change 47.62%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $868.0M $402.0M $868.0M
YoY Change 80.08% -34.42% 80.08%
Total Short-Term Liabilities $3.978B $3.139B $3.978B
YoY Change 17.52% 19.99% 20.47%
LONG-TERM LIABILITIES
Long-Term Debt $14.24B $13.76B $14.24B
YoY Change 64.06% 68.29% 64.06%
Other Long-Term Liabilities $738.0M $609.0M $5.020B
YoY Change 83.13% 68.7% 34.66%
Total Long-Term Liabilities $14.98B $14.37B $19.26B
YoY Change 64.91% 68.3% 55.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.978B $3.139B $3.978B
Total Long-Term Liabilities $14.98B $14.37B $19.26B
Total Liabilities $18.96B $17.51B $27.17B
YoY Change 52.04% 56.97% 43.37%
SHAREHOLDERS EQUITY
Retained Earnings $632.0M $518.0M
YoY Change 81.09% -26.84%
Common Stock $5.000M $5.000M
YoY Change 0.0% 25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.359B $8.216B $8.359B
YoY Change
Total Liabilities & Shareholders Equity $35.53B $33.90B $35.53B
YoY Change 31.14% 51.28% 31.55%

Cashflow Statement

Concept 2019 Q4 2019 Q1 2019
OPERATING ACTIVITIES
Net Income $157.0M $169.0M $791.0M
YoY Change 30.83% 2.42% 114.95%
Depreciation, Depletion And Amortization $305.0M $300.0M $1.225B
YoY Change 16.86% -4.46% -0.41%
Cash From Operating Activities $552.0M $271.0M $1.638B
YoY Change 20.79% -44.01% -23.31%
INVESTING ACTIVITIES
Capital Expenditures -$684.0M -$537.0M -$2.506B
YoY Change 29.06% 48.34% 51.79%
Acquisitions $5.987B $5.991B
YoY Change
Other Investing Activities $38.00M $15.00M -$34.00M
YoY Change -1366.67% -1600.0% 112.5%
Cash From Investing Activities -$646.0M -$6.539B -$8.421B
YoY Change 21.2% 1875.53% 597.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $994.0M $1.302B
YoY Change 502.42% 169.01%
Cash From Financing Activities 68.00M $2.345B $2.776B
YoY Change -98.31% -1321.35% -9.07%
NET CHANGE
Cash From Operating Activities 552.0M $271.0M $1.638B
Cash From Investing Activities -646.0M -$6.539B -$8.421B
Cash From Financing Activities 68.00M $2.345B $2.776B
Net Change In Cash -26.00M -$3.923B -$4.007B
YoY Change -100.66% 9958.97% -200.63%
FREE CASH FLOW
Cash From Operating Activities $552.0M $271.0M $1.638B
Capital Expenditures -$684.0M -$537.0M -$2.506B
Free Cash Flow $1.236B $808.0M $4.144B
YoY Change 25.23% -4.49% 9.43%

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2776000000 USD
CY2018 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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1740000000 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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0 USD
CY2017 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2019 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1844000000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2019 cnp Distribution To Zens Holders
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0 USD
CY2018 cnp Distribution To Zens Holders
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398000000 USD
CY2017 cnp Distribution To Zens Holders
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0 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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-14000000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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-5000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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3053000000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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3982000000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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-85000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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4278000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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296000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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381000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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4278000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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296000000 USD
CY2019Q4 us-gaap Stockholders Equity
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CY2018Q4 us-gaap Stockholders Equity
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CY2017Q4 us-gaap Stockholders Equity
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<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019 cnp Capitalized Fees Not Eliminatedin Consolidation
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CY2019 us-gaap Guarantees Indemnifications And Warranties Policies
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Guarantees<div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">CenterPoint Energy recognizes guarantee obligations at fair value. CenterPoint Energy discloses parent company guarantees of a subsidiary’s obligation when that guarantee results in the exposure of a material obligation of the parent company even if the probability of fulfilling such obligation is considered remote. See Note 16(c) and (d).  </span></div>
CY2019 us-gaap Provision For Doubtful Accounts
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15000000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
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CY2018 us-gaap Asset Retirement Obligation Accretion Expense
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CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
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9700000000 USD
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CY2018 us-gaap Depreciation
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CY2017 us-gaap Depreciation
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CY2019 us-gaap Amortization Of Regulatory Asset
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CY2017 us-gaap Amortization Of Regulatory Asset
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329000000 USD
CY2019 us-gaap Adjustment For Amortization
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CY2018 us-gaap Adjustment For Amortization
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CY2017 us-gaap Depreciation Depletion And Amortization
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CY2018Q4 us-gaap Asset Retirement Obligation
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CY2017Q4 us-gaap Asset Retirement Obligation
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281000000 USD
CY2019 cnp Asset Retirement Obligation Additionfrom Mergerwith Vectren
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116000000 USD
CY2018 cnp Asset Retirement Obligation Additionfrom Mergerwith Vectren
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CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Accrued Income Taxes Payable
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CY2019Q4 us-gaap Asset Retirement Obligation
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CY2018Q4 us-gaap Asset Retirement Obligation
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CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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CY2019 cnp Disposal Group Including Discontinued Operation Operationand Maintenance Expense
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CY2019 cnp Disposal Group Including Discontinued Operation Taxes Other Than Income
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CY2019 cnp Disposal Group Including Discontinued Operation Impairmentof Goodwill
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CY2018 cnp Disposal Group Including Discontinued Operation Impairmentof Goodwill
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CY2017 cnp Disposal Group Including Discontinued Operation Impairmentof Goodwill
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CY2019 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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CY2018 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2018 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019 us-gaap Revenues
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CY2018 us-gaap Revenues
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CY2018Q4 us-gaap Contract With Customer Liability
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CY2019Q4 us-gaap Contract With Customer Liability
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CY2019 cnp Increase Decreasein Accounts Receivableon Contractswith Customers
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Goodwill
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41000000 USD
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CY2019 cnp Maximum Number Of Times Annual Salary Included In Severance Benefits
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3 salary_severance_benefits
CY2019 cnp Weather Hedges Term
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P10Y
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84000000 USD
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260000000 USD
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1000000 USD
CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
165000000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-75000000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
153000000 USD
CY2018Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
90000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.42
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.36
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.22
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.04
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2018Q2 us-gaap Earnings Per Share Basic
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CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2018Q4 us-gaap Earnings Per Share Basic
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0.18
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.42
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.20
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.36
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.22
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.04
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.03
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.04
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2019Q4 cnp Lessee Operating Lease Not Yet Commenced
LesseeOperatingLeaseNotYetCommenced
16000000 USD
CY2019 us-gaap Revenues
Revenues
7564000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
230000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1225000000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
17000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
528000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
92000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
682000000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
109000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
791000000 USD
CY2018 us-gaap Revenues
Revenues
6277000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
307000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1230000000 USD
CY2018 us-gaap Investment Income Interest
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24000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
361000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
155000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
396000000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2018 us-gaap Net Income Loss
NetIncomeLoss
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CY2017 us-gaap Revenues
Revenues
5699000000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
265000000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1020000000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
CY2017 us-gaap Interest Expense
InterestExpense
313000000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-778000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1708000000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
84000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1792000000 USD
CY2019 cnp Interest Incomeon Transitionand System Restoration Bonds
InterestIncomeonTransitionandSystemRestorationBonds
5000000 USD
CY2018 cnp Interest Incomeon Transitionand System Restoration Bonds
InterestIncomeonTransitionandSystemRestorationBonds
4000000 USD
CY2017 cnp Interest Incomeon Transitionand System Restoration Bonds
InterestIncomeonTransitionandSystemRestorationBonds
2000000 USD
CY2019 cnp Interest On Transition And System Restoration Bonds
InterestOnTransitionAndSystemRestorationBonds
39000000 USD
CY2018 cnp Interest On Transition And System Restoration Bonds
InterestOnTransitionAndSystemRestorationBonds
59000000 USD
CY2017 cnp Interest On Transition And System Restoration Bonds
InterestOnTransitionAndSystemRestorationBonds
77000000 USD
CY2019Q1 cnp Lease Right Of Use Asset
LeaseRightOfUseAsset
22000000 USD
CY2019 us-gaap Revenues
Revenues
7564000000 USD
CY2018 us-gaap Revenues
Revenues
6277000000 USD
CY2017 us-gaap Revenues
Revenues
5699000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
436000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
363000000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
378000000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
155000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
89000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
15000000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
236000000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
201000000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
144000000 USD
CY2019 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
CY2018 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
CY2017 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
CY2019 cnp Rou Asset Obtained In Exchangefor Operating Lease Liability Including Transition Impactof Asc842 Adoption
ROUAssetObtainedInExchangeforOperatingLeaseLiabilityIncludingTransitionImpactofASC842Adoption
44000000 USD
CY2018 cnp Rou Asset Obtained In Exchangefor Operating Lease Liability Including Transition Impactof Asc842 Adoption
ROUAssetObtainedInExchangeforOperatingLeaseLiabilityIncludingTransitionImpactofASC842Adoption
0 USD
CY2017 cnp Rou Asset Obtained In Exchangefor Operating Lease Liability Including Transition Impactof Asc842 Adoption
ROUAssetObtainedInExchangeforOperatingLeaseLiabilityIncludingTransitionImpactofASC842Adoption
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
241000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4231000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4278000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
7000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
25000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
32000000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
4000000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2000000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
6000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
31000000 USD
CY2019Q4 cnp Lease Right Of Use Asset
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31000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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24000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31000000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0357
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
35000000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4000000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
31000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
26000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
2000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
2000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
2000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
2000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
10000000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
20000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
7000000 USD

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