CenterPoint Energy, Inc. (CNP) financial statements (2021 and earlier)
Company profile
| Business Address |
1111 LOUISIANA ST. HOUSTON, TX 77002 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| SIC | 4911 - Electric Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,018 | 1,063 | 4,771 | 1,220 | 1,294 | 1,069 | 1,228 | ||
| Cash and cash equivalents | 147 | 241 | 4,231 | 260 | 341 | 264 | 298 | ||
| Short-term investments | 871 | 822 | 540 | 960 | 953 | 805 | 930 | ||
| Receivables | 1,263 | 1,941 | 1,568 | 1,427 | 1,105 | 1,044 | 1,384 | ||
| Inventory, net of allowances, customer advances and progress billings | 203 | 277 | 194 | 222 | 131 | 347 | 379 | ||
| Inventory | 203 | 277 | 194 | 222 | 131 | 347 | 379 | ||
| Contract with customer, asset | 27 | 61 | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, assets | 136 | 100 | 110 | 51 | 89 | 99 | |||
| Regulatory current assets | 130 | ||||||||
| Other undisclosed current assets | 409 | 369 | 392 | 286 | 342 | 140 | 178 | ||
| Total current assets: | 2,920 | 3,847 | 7,025 | 3,395 | 2,923 | 2,689 | 3,268 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 22,362 | 20,945 | 14,044 | 13,057 | 12,307 | 11,537 | 10,502 | ||
| Long-term investments and receivables | 783 | 2,408 | 2,482 | 2,835 | 2,868 | 2,957 | 4,884 | ||
| Long-term investments | 783 | 2,408 | 2,482 | 2,835 | 2,868 | 2,594 | 4,521 | ||
| Due from related parties | 363 | 363 | |||||||
| Intangible assets, net (including goodwill) | 4,697 | 5,485 | 867 | 867 | 862 | 840 | 840 | ||
| Goodwill | 4,697 | 5,164 | 867 | 867 | 862 | 840 | 840 | ||
| Intangible assets, net (excluding goodwill) | 321 | ||||||||
| Derivative instruments and hedges | 58 | 38 | 44 | 19 | 36 | 32 | |||
| Regulated entity, other noncurrent assets | 2,094 | 2,117 | 1,967 | 2,347 | 2,677 | 3,129 | 3,527 | ||
| Other noncurrent assets | 252 | 216 | 223 | 191 | 173 | 146 | 147 | ||
| Other undisclosed noncurrent assets | 363 | 363 | 363 | ||||||
| Total noncurrent assets: | 30,551 | 31,592 | 19,984 | 19,341 | 18,906 | 18,645 | 19,932 | ||
| TOTAL ASSETS: | 33,471 | 35,439 | 27,009 | 22,736 | 21,829 | 21,334 | 23,200 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,399 | 1,537 | 1,752 | 1,368 | 937 | 758 | 1,001 | ||
| Accounts payable | 853 | 1,138 | 1,240 | 963 | 657 | 483 | 716 | ||
| Taxes payable | 265 | 241 | 204 | 181 | 172 | 158 | 161 | ||
| Interest and dividends payable | 281 | 158 | 308 | 224 | 108 | 117 | 124 | ||
| Deferred revenue | 119 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 1,919 | 868 | 482 | 645 | 1,060 | 913 | 848 | ||
| Derivative instruments and hedges, liabilities | 3 | 51 | 126 | 20 | 41 | 11 | 19 | ||
| Regulatory liability | 24 | ||||||||
| Deferred tax liabilities | ✕ | ✕ | 683 | ||||||
| Other liabilities | 432 | 414 | 341 | 368 | 325 | 343 | 383 | ||
| Other undisclosed current liabilities | 953 | 1,018 | 601 | 644 | 717 | 442 | 541 | ||
| Total current liabilities: | 4,825 | 3,888 | 3,302 | 3,069 | 3,080 | 2,467 | 3,475 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 11,521 | 14,244 | 8,682 | 8,195 | 7,532 | 7,901 | 8,009 | ||
| Long-term debt, excluding current maturities | 11,521 | 14,244 | 8,682 | 8,195 | 7,532 | 7,901 | 8,009 | ||
| Liabilities, other than long-term debt | 8,777 | 8,948 | 6,967 | 6,784 | 7,757 | 7,505 | 7,168 | ||
| Deferred tax liabilities, net | ✕ | 3,928 | 3,239 | 3,174 | 5,263 | 5,047 | 4,757 | ||
| Deferred income tax liabilities | 3,603 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 680 | 754 | 796 | 785 | 913 | 904 | 953 | ||
| Regulatory liability | 3,448 | 3,474 | 2,525 | 2,464 | 1,298 | 1,276 | 1,206 | ||
| Other liabilities | 1,019 | 763 | 402 | 357 | 278 | 273 | 251 | ||
| Derivative instruments and hedges, liabilities | 27 | 29 | 5 | 4 | 5 | 5 | 1 | ||
| Total noncurrent liabilities: | 20,298 | 23,192 | 15,649 | 14,979 | 15,289 | 15,406 | 15,177 | ||
| Total liabilities: | 25,123 | 27,080 | 18,951 | 18,048 | 18,369 | 17,873 | 18,652 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 8,348 | 8,359 | 8,058 | 4,688 | 3,460 | 3,461 | 4,548 | ||
| Common stock | 6 | 5 | 5 | 4 | 4 | ||||
| Additional paid in capital | 6,914 | 6,080 | 6,072 | 4,209 | 4,195 | ||||
| Accumulated other comprehensive loss | (90) | (98) | (108) | (68) | (71) | (65) | (85) | ||
| Retained earnings (accumulated deficit) | (845) | 632 | 349 | 543 | (668) | ||||
| Other undisclosed stockholders' equity attributable to parent | 2,363 | 1,740 | 1,740 | 3,526 | 4,633 | ||||
| Total stockholders' equity: | 8,348 | 8,359 | 8,058 | 4,688 | 3,460 | 3,461 | 4,548 | ||
| TOTAL LIABILITIES AND EQUITY: | 33,471 | 35,439 | 27,009 | 22,736 | 21,829 | 21,334 | 23,200 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,418 | 12,301 | 10,589 | 9,614 | 7,528 | 7,386 | 9,226 | |
| Cost of revenue | (5,481) | (10,222) | (8,776) | (8,106) | (6,158) | (6,045) | (7,865) | |
| Cost of goods and services sold | (257) | (4,029) | (4,364) | (3,785) | (1,984) | (3,106) | (4,929) | |
| Gross profit: | 1,937 | 2,079 | 1,813 | 1,508 | 1,370 | 1,341 | 1,361 | |
| Operating expenses | (898) | (853) | (982) | (436) | (411) | (408) | (426) | |
| Operating income: | 1,039 | 1,226 | 831 | 1,072 | 959 | 933 | 935 | |
| Nonoperating expense | (1,904) | (297) | (317) | (9) | (273) | (2,063) | (50) | |
| Investment income, nonoperating | (40) | |||||||
| Other nonoperating income | 60 | 50 | 50 | 60 | 35 | 46 | 36 | |
| Interest and debt expense | (501) | (528) | (361) | (313) | (338) | (352) | (353) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,366) | 401 | 153 | 750 | 348 | (1,482) | 532 | |
| Income from equity method investments | 308 | |||||||
| Other undisclosed income from continuing operations before income taxes | 501 | 528 | 361 | 313 | 338 | 352 | 45 | |
| Income (loss) from continuing operations before income taxes: | (865) | 929 | 514 | 1,063 | 686 | (1,130) | 885 | |
| Income tax expense (benefit) | 274 | (138) | (146) | 729 | (254) | 438 | (274) | |
| Net income (loss): | (591) | 791 | 368 | 1,792 | 432 | (692) | 611 | |
| Other undisclosed net loss attributable to parent | (182) | |||||||
| Net income (loss) attributable to parent: | (773) | 791 | 368 | 1,792 | 432 | (692) | 611 | |
| Preferred stock dividends and other adjustments | (176) | (117) | (35) | |||||
| Net income (loss) available to common stockholders, diluted: | (949) | 674 | 333 | 1,792 | 432 | (692) | 611 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (591) | 791 | 368 | 1,792 | 432 | (692) | 611 | |
| Other comprehensive income (loss) | 5 | 9 | 7 | 14 | (11) | 32 | 8 | |
| Comprehensive income (loss): | (586) | 800 | 375 | 1,806 | 421 | (660) | 619 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (355) | (116) | (67) | (11) | 6 | (12) | (4) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (941) | 684 | 308 | 1,795 | 427 | (672) | 615 | |
Statements sources
The financial statements are based on the company's filings with the 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.