Skip to main content
Midas Edge

CENTERPOINT ENERGY HOUSTON ELECTRIC LLC

For the period ended Jun 30, 2026. Filed Jul 28, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 28, 2026

CNP$40.66+1.7%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

CenterPoint Energy, Inc. and Subsidiaries Financial Statements (Unaudited)

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions, except per share amounts)
Revenues:
Utility revenues$2,137$1,929$5,097$4,835
Non-utility revenues15153029
Total2,1521,9445,1274,864
Expenses:
Utility natural gas, fuel and purchased power2813001,2511,306
Non-utility cost of revenues, including natural gas—213
Operation and maintenance7427151,5081,462
Depreciation and amortization445370868733
Taxes other than income taxes150140307294
Total1,6181,5273,9353,798
Operating Income5344171,1921,066
Other Income (Expense):
Loss on sale———(43)
Gain (loss) on equity securities, net(151)43(106)122
Gain (loss) on indexed debt securities148(42)104(121)
Interest expense and other finance charges(240)(191)(505)(425)
Interest expense on Securitization Bonds(21)(4)(35)(8)
Other income, net27305640
Total(237)(164)(486)(435)
Income Before Income Taxes297253706631
Income tax expense5355146136
Net Income$244$198$560$495
Basic Earnings Per Common Share$0.37$0.30$0.85$0.76
Diluted Earnings Per Common Share$0.37$0.30$0.84$0.76
Weighted Average Common Shares Outstanding, Basic657653655652
Weighted Average Common Shares Outstanding, Diluted666654663654

CONDENSED STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions)
Net income$244$198$560$495
Other comprehensive income (loss):
Adjustment to pension and other postretirement plans (net of tax expense of $0, $0, $0, and $0 respectively)1111
Reclassification of deferred gain from cash flow hedges realized in net income (net of tax benefit of $0, $0, $0 and $0)—(1)—(1)
Total1—1—
Comprehensive income$245$198$561$495
June 30, 2026December 31, 2025
(in millions)
ASSETS
Current Assets:
Cash and cash equivalents ($45 and $34 related to VIEs, respectively)$49$38
Investment in equity securities404510
Accounts receivable ($27 and $6 related to VIEs, respectively), less allowance for credit losses of $28 and $25, respectively777806
Accrued unbilled revenues ($14 and $4 related to VIEs, respectively), less allowance for credit losses of $1 and $2, respectively371600
Materials and supplies609517
Natural gas and coal inventory138215
Taxes receivable11436
Current assets held for sale2,6172,669
Regulatory assets255170
Prepaid expenses and other current assets ($18 and $6 related to VIEs, respectively)120140
Total current assets5,4545,701
Property, Plant and Equipment, Net:
Property, plant and equipment46,51244,676
Less: accumulated depreciation and amortization11,12910,620
Property, plant and equipment, net35,38334,056
Other Assets:
Goodwill3,5503,550
Regulatory assets ($1,802 and $683 related to VIEs, respectively)3,6193,005
Other non-current assets244222
Total other assets7,4136,777
Total Assets$48,250$46,534

CONDENSED CONSOLIDATED BALANCE SHEETS – (continued)

June 30, 2026December 31, 2025
(in millions, except par value and shares)
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term borrowings$—$500
Current portion of VIE Securitization Bonds long-term debt12041
Current portion of other long-term debt1,6161,873
Indexed debt securities derivative451564
Accounts payable1,0981,300
Taxes accrued217344
Interest accrued ($21 and $7 related to VIEs, respectively)353313
Dividends accrued—150
Customer deposits ($8 and $2 related to VIEs, respectively)9489
Current liabilities held for sale441520
Other current liabilities ($0 and $15 related to VIEs, respectively)467566
Total current liabilities4,8576,260
Other Liabilities:
Deferred income taxes, net4,8554,602
Benefit obligations476491
Regulatory liabilities2,6332,692
Other non-current liabilities803770
Total other liabilities8,7678,555
Long-term Debt, Net:
VIE Securitization Bonds, net1,746664
Other long-term debt, net21,16019,902
Total long-term debt, net22,90620,566
Commitments and Contingencies (Note 11)
Shareholders’ Equity:
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 658,700,905 shares and 652,869,575 shares outstanding, respectively66
Additional paid-in capital9,2889,130
Retained earnings2,4512,043
Accumulated other comprehensive loss(25)(26)
Total shareholders’ equity11,72011,153
Total Liabilities and Shareholders’ Equity$48,250$46,534
Six Months Ended June 30,
2026 · 2025
(in millions)
Cash Flows from Operating Activities:
Net income$560$495
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization868733
Deferred income taxes22074
Loss on sale—43
(Gain) loss on equity securities106(122)
(Gain) loss on indexed debt securities(104)121
Pension and postretirement contributions(40)(87)
Changes in other assets and liabilities:
Accounts receivable and unbilled revenues, net349214
Inventory(8)24
Accounts payable(330)(330)
Other current assets(193)118
Other current liabilities(235)(251)
Other non-current assets(130)(9)
Other non-current liabilities(7)2
Other operating activities, net4(55)
Net cash provided by operating activities1,060970
Cash Flows from Investing Activities:
Capital expenditures(2,568)(2,167)
Payment for asset acquisition—(357)
Proceeds from divestitures—1,219
Other investing activities, net41(36)
Net cash used in investing activities(2,527)(1,341)
Cash Flows from Financing Activities:
Decrease in short-term borrowings, net—(3)
Proceeds from (payments of) commercial paper, net(502)1,056
Proceeds from long-term debt and term loans, net3,441735
Payments of long-term debt and term loans, including make-whole premiums(1,271)(1,030)
Payment of debt issuance costs(24)(12)
Payment of dividends on Common Stock(302)(287)
Proceeds from issuances of Common Stock, net165—
Other financing activities, net(18)(19)
Net cash provided by financing activities1,489440
Net Increase in Cash, Cash Equivalents and Restricted Cash2269
Cash, Cash Equivalents and Restricted Cash at Beginning of Period4930
Cash, Cash Equivalents and Restricted Cash at End of Period$71$99
Supplemental Disclosure of Cash Flow Information
Cash paid for interest, net of capitalized interest$510$487
Cash paid (refunds received) for income taxes, net11(5)
Supplemental Disclosure of Non-cash Transactions
Accounts payable related to capital expenditures$451$309
Three Months Ended June 30, · Six Months Ended June 30,
2026 · 2025 · 2026 · 2025
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount
(in millions of dollars and shares, except authorized shares and par value)
Common Stock, $0.01 par value; authorized 1,000,000,000 shares
Balance, beginning of period653$6652$6653$6652$6
Issuances of Common Stock5———5———
Issuances related to benefit and investment plans1—1—1—1—
Balance, end of period6596653665966536
Additional Paid-in-Capital
Balance, beginning of period9,1109,0979,1309,105
Issuances of Common Stock, net of issuance costs165—165—
Issuances related to benefit and investment plans1310(7)2
Balance, end of period9,2889,1079,2889,107
Retained Earnings
Balance, beginning of period2,3591,8692,0431,572
Net income244198560495
Common Stock dividends declared (see Note 15)(152)(144)(152)(144)
Balance, end of period2,4511,9232,4511,923
Accumulated Other Comprehensive Loss
Balance, beginning of period(26)(17)(26)(17)
Other comprehensive income1—1—
Balance, end of period(25)(17)(25)(17)
Total Shareholders’ Equity$11,720$11,019$11,720$11,019
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.