CenterPoint Energy, Inc (Holding Co) (CNP) Financial Statements (2024 and earlier)

Company Profile

Business Address 1111 LOUISIANA ST.
HOUSTON, TX 77002
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 4911 - Electric Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5841,6691,0181,0634,7711,220
Cash and cash equivalents742301472414,231260
Short-term investments5101,439871822540960
Restricted cash and investments      
Receivables1,6731,2041,2631,9411,5681,427
Inventory, net of allowances, customer advances and progress billings241186203277194222
Inventory241186203277194222
Contract with customer, asset, after allowance for credit loss 4152761 
Derivative instruments and hedges, assets109 136100110
Regulatory asset1,3851,395   130
Disposal group, including discontinued operation  2,338    
Other undisclosed current assets802539409369392286
Total current assets:4,6997,3552,9203,8477,0253,395
Noncurrent Assets
Property, plant and equipment27,14323,48422,36220,94514,04413,057
Long-term investments and receivables   7832,4082,4822,835
Long-term investments   7832,4082,4822,835
Intangible assets, net (including goodwill)4,2944,2944,6975,485867867
Goodwill4,2944,2944,6975,164867867
Intangible assets, net (excluding goodwill)    321  
Derivative instruments and hedges 25 583844
Regulated entity, other noncurrent assets2,1932,3212,0942,1171,9672,347
Other noncurrent assets215220252216223191
Other undisclosed noncurrent assets   363363363 
Total noncurrent assets:33,84730,32430,55131,59219,98419,341
TOTAL ASSETS:38,54637,67933,47135,43927,00922,736
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9531,8411,3991,5371,7521,368
Interest and dividends payable267281158308224
Taxes payable378265241204181
Accounts payable1,3521,1968531,1381,240963
Accrued liabilities601     
Deferred revenue110111119 
Debt2,0205451,919868482645
Derivative instruments and hedges, liabilities  235112620
Regulatory liability 2521   24
Disposal group, including discontinued operation  562    
Other liabilities452323432414341368
Other undisclosed current liabilities5538829531,018601644
Total current liabilities:5,1134,2874,8253,8883,3023,069
Noncurrent Liabilities
Long-term debt and lease obligation14,83615,57511,52114,2448,6828,195
Long-term debt, excluding current maturities14,83615,55811,52114,2448,6828,195
Liabilities, other than long-term debt8,5528,4168,7778,9486,9676,784
Deferred tax liabilities, net3,9283,2393,174
Deferred income tax liabilities3,9863,9043,603 
Liability, pension and other postretirement and postemployment benefits547511680754796785
Regulatory liability3,2453,1533,4483,4742,5252,464
Other liabilities7748361,019763402357
Operating lease, liability  17  
Derivative instruments and hedges, liabilities  12272954
Total noncurrent liabilities:23,38823,99120,29823,19215,64914,979
Total liabilities:28,50128,27825,12327,08018,95118,048
Temporary equity, carrying amount 33    
Equity
Equity, attributable to parent, including:10,0429,4158,3488,3598,0584,688
Preferred stock 790790    
Common stock666554
Additional paid in capital8,5688,5296,9146,0806,0724,209
Accumulated other comprehensive loss(31)(64)(90)(98)(108)(68)
Retained earnings (accumulated deficit)709154(845)632349543
Other undisclosed equity, attributable to parent   2,3631,7401,740 
Total equity:10,0429,4158,3488,3598,0584,688
Other undisclosed liabilities and equity  (17)    
TOTAL LIABILITIES AND EQUITY:38,54637,67933,47135,43927,00922,736

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues9,3218,3527,41812,30110,5899,614
Cost of revenue(7,284)(6,223)(5,481)(10,222)(8,776)(8,106)
Cost of goods and services sold(204)(208)(257)(4,029)(4,364)(3,785)
Gross profit:2,0372,1291,9372,0791,8131,508
Operating expenses(471)(766)(898)(853)(982)(436)
Operating income:1,5661,3631,0391,2268311,072
Nonoperating expense(149)(585)(1,904)(297)(317)(9)
Investment income, nonoperating      
Other nonoperating income (expense)(26)5860505060
Interest and debt expense(511)(508)(501)(528)(361)(313)
Income (loss) from continuing operations before equity method investments, income taxes:906270(1,366)401153750
Other undisclosed income from continuing operations before income taxes511508501528361313
Income (loss) from continuing operations before income taxes:1,417778(865)9295141,063
Income tax expense (benefit)(360)(110)274(138)(146)729
Income (loss) from continuing operations:1,057668(591)7913681,792
Income (loss) before gain (loss) on sale of properties:668(591)7913681,792
Net income (loss):1,057668(591)7913681,792
Other undisclosed net income (loss) attributable to parent  818(182)   
Net income (loss) attributable to parent:1,0571,486(773)7913681,792
Preferred stock dividends and other adjustments(49)(95)(176)(117)(35) 
Net income (loss) available to common stockholders, diluted:1,0081,391(949)6743331,792

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):1,057668(591)7913681,792
Other comprehensive income71159714
Comprehensive income (loss):1,064679(586)8003751,806
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 738(355)(116)(67)(11)
Comprehensive income (loss), net of tax, attributable to parent:1,0641,417(941)6843081,795

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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