| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | divestiture_reduction | completed | 2024-02-19 | 2025-03-31 | Louisiana, Mississippi | Natural Gas | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Louisiana and Mississippi natural gas LDC businesses completed March 31, 2025. Headcount impact not explicitly quantified in filing. | |||
| 2025-12-31 | acquisition_addition | completed | 2023-09-06 | 2025-03-07 | Indiana | Electric | USD 357 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Posey Solar (191 MW solar array) completed March 7, 2025. Headcount impact not explicitly quantified in filing. | ||
| 2025-12-31 | divestiture_reduction | completed | 2024-02-19 | 2025-03-31 | Louisiana, Mississippi | Natural Gas | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Completed sale on March 31, 2025. Employee count not explicitly disclosed in text, but customer count reduced. | |||
| 2025-12-31 | acquisition_addition | completed | 2025-03-07 | 2025-03-07 | Indiana | Electric | USD 357 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | SIGECO acquired 100% equity interests in Posey Solar for approx $357 million. Employee count not explicitly disclosed. | ||
| 2025-03-31 | divestiture_reduction | completed | 2024-02-19 | 2025-03-31 | Louisiana and Mississippi, United States | Natural Gas | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Louisiana and Mississippi natural gas LDC businesses (~380,000 customers, ~12,000 miles of pipeline) closed 2025-03-31; no employee counts disclosed. | |||
| 2025-03-31 | acquisition_addition | completed | 2025-03-07 | 2025-03-07 | Indiana, United States | Electric | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SIGECO acquired 100% of Posey Solar (191 MW solar array) for approximately $357 million; no headcount added disclosed. | |||
| 2024-12-31 | divestiture_reduction | in_progress | 2024-02-19 | 2025-03-31 | Louisiana and Mississippi | Natural Gas | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $1.2 billion; approved by MPSC Dec 3, 2024 and LPSC Dec 17, 2024; no employee count disclosed | |||
| 2024-12-31 | divestiture_reduction | completed | 2023-05-21 | 2023-06-30 | United States | Corporate and Other | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | CenterPoint Energy completed the sale of its indirect subsidiary, Energy Systems Group, on June 30, 2023. Specific headcount reduction not disclosed. | |||
| 2024-12-31 | divestiture_reduction | announced | 2024-02-19 | 2025-03-31 | Louisiana, Mississippi | Natural Gas | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | CERC Corp. entered into agreement to sell Louisiana and Mississippi natural gas LDC businesses. Transaction expected to close in Q1 2025. Specific headcount reduction not disclosed. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-05-21 | 2023-06-30 | United States | Corporate and Other | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Energy Systems Group closed June 30, 2023 for $154 million. Employee count not disclosed. | |||
| 2023-12-31 | divestiture_reduction | announced | 2024-02-19 | 2025-03-31 | United States | Natural Gas | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | CERC agreed to sell Louisiana and Mississippi natural gas LDC businesses for $1.2 billion. Expected close Q1 2025. Employee count not disclosed. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-05-21 | 2023-06-30 | United States | Corporate and Other | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Energy Systems Group completed June 30, 2023. Specific headcount not disclosed. | |||
| 2023-12-31 | divestiture_reduction | announced | 2024-02-19 | 2025-03-31 | Louisiana, Mississippi | Natural Gas | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement to sell Louisiana and Mississippi natural gas local distribution company businesses. Expected to close in Q1 2025. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-05-21 | 2023-06-30 | United States | Corporate and Other | Item 1. Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of Energy Systems Group closed June 30, 2023. Specific headcount reduction not disclosed in this filing. | |||
| 2023-12-31 | divestiture_reduction | announced | 2024-02-19 | 2025-03-31 | Louisiana, Mississippi | Natural Gas | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Agreement to sell Louisiana and Mississippi natural gas local distribution company businesses. Expected to close in Q1 2025. | |||
| 2023-09-30 | other | completed | 2023-10-18 | United States — Texas Gulf Coast | Houston Electric — IBEW 66 represented employees | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | IBEW 66 members ratified a new collective bargaining agreement with Houston Electric on 2023-10-18; prior agreement had expired May 2023 and was renewed monthly during negotiations. New agreement expires May 2026. Number of covered employees not disclosed. | ||||
| 2023-09-30 | divestiture_reduction | completed | 2023-05-21 | 2023-06-30 | United States | Corporate and Other — Energy Systems Group | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Energy Systems Group closed 2023-06-30 for $154M cash. Headcount removed through the divestiture was not disclosed in this filing. | |||
| 2023-09-30 | other | completed | 2023-10-18 | Texas | Houston Electric | other f5-10q / Qwen3.6-27B-Q8_0 | IBEW 66 members voted to ratify a new collective bargaining agreement with Houston Electric on October 18, 2023. The agreement expires in May 2026. | ||||
| 2023-06-30 | other | in_progress | 2023-05-31 | United States (Texas) | Houston Electric — IBEW 66 represented employees | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreement with IBEW 66 covering Houston Electric employees expired May 2023; parties agreed to monthly renewals while negotiations on a new agreement continue. No employee count or disruption disclosed. | ||||
| 2023-06-30 | other | in_progress | Texas | Houston Electric | other f5-10q / Qwen3.6-27B-Q8_0 | Collective bargaining agreement with IBEW 66 expired May 2023; parties agreed to renew on a monthly basis while active negotiations continue on a new agreement. | |||||
| 2022-12-31 | divestiture_reduction | completed | 2021-04-29 | 2022-01-10 | Arkansas, Oklahoma, Texas | Natural Gas | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Arkansas and Oklahoma Natural Gas businesses completed on January 10, 2022. Employee count not explicitly disclosed. | |||
| 2022-12-31 | acquisition_addition | completed | 2022-06-30 | Indiana, Ohio | Natural Gas | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Restructuring completed June 30, 2022, transferring Indiana Gas and VEDO to CERC Corp. Employee count not explicitly disclosed for this transfer. | ||||
| 2022-03-31 | divestiture_reduction | completed | 2021-04-29 | 2022-01-10 | Arkansas, Oklahoma and portions of Bowie County, Texas | Natural Gas | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Arkansas and Oklahoma Natural Gas businesses closed 2022-01-10; filing discloses no associated employee count or workforce impact. | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-02-03 | 2020-04-09 | United States | Infrastructure Services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Infrastructure Services Disposal Group closed 2020-04-09 for $854 million; headcount impact not quantified. | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-02-24 | 2020-06-01 | United States | Energy Services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Energy Services Disposal Group closed 2020-06-01 for approximately $365 million; headcount impact not quantified. | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-02-03 | 2020-04-09 | United States | Infrastructure Services | Item 1 - Business f5-10k / Qwen3.6-27B-Q8_0 | Transaction closed April 9, 2020. Employee count not explicitly disclosed in text. | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-02-24 | 2020-06-01 | United States | Energy Services | Item 1 - Business f5-10k / Qwen3.6-27B-Q8_0 | Transaction closed June 1, 2020. Employee count not explicitly disclosed in text. | |||
| 2020-03-31 | restructuring | in_progress | 2020-04-01 | USD 40 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced targeted reductions in 2020 operation and maintenance expenses by approximately $40 million, excluding certain merger costs, utility costs to achieve savings, and severance. Specific headcount impact not disclosed. | |||||
| 2019-12-31 | acquisition_addition | completed | 2019-02-01 | 2019-02-01 | United States (Indiana, Ohio) | Indiana Electric Integrated; Natural Gas Distribution; Infrastructure Services; Corporate and Other | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Vectren acquired for approximately $6 billion cash on 2019-02-01. Aggregate acquired headcount not stated; segment headcounts at 2019-12-31 reflect the addition (Indiana Electric Integrated 443, Infrastructure Services 4,345). | |||
| 2019-12-31 | restructuring | completed | 2019-02-01 | 2019-12-31 | United States | CenterPoint Energy consolidated (post-Merger integration) | USD 102 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total 2019 severance cost of $102 million, including $61 million for employees terminated immediately after Merger close plus change-of-control payments. Employees affected not disclosed. | ||
| 2019-12-31 | divestiture_reduction | announced | 4,345 | 2020-02-03 | 2020-06-30 | United States | Infrastructure Services | USD 85 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Securities Purchase Agreement to sell Infrastructure Services for approximately $850 million. Employees affected not explicitly stated; 4,345 is the segment headcount at 2019-12-31. Anticipated held-for-sale impairment of approximately $85 million plus transaction costs in Q1 2020. | |
| 2019-12-31 | divestiture_reduction | announced | 293 | 2020-02-24 | 2020-06-30 | United States (over 30 states) | Energy Services (CES) | USD 80 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Equity Purchase Agreement to sell CES for approximately $400 million; excludes CEIP and its assets. Employees affected not explicitly stated; 293 is the segment headcount at 2019-12-31. Anticipated aggregate held-for-sale impairment of approximately $80 million plus transaction costs in Q1 2020. | |
| 2019-12-31 | restructuring | completed | 2019-02-01 | United States | Multiple segments (Infrastructure Services, Energy Services, Natural Gas Distribution, Corporate) | USD 102 (millions) | Note 8 f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Total severance cost for the year ended December 31, 2019 was $102 million, related to the Merger with Vectren. Includes $61 million for employees terminated immediately subsequent to the Merger close and $41 million for change in control severance payments. | |||
| 2019-12-31 | acquisition_addition | completed | 2019-02-01 | 2019-02-01 | United States | Vectren (Indiana Electric Integrated, Natural Gas Distribution, Infrastructure Services, Corporate and Other) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | CenterPoint Energy acquired Vectren on February 1, 2019. Specific headcount added is not explicitly quantified in the narrative, but segment employee counts reflect the inclusion of Vectren businesses. | |||
| 2019-12-31 | restructuring | completed | 2019-02-01 | 2019-12-31 | United States | Multiple Segments | USD 102 (millions) | Note 4_Mergers_and_Acquisitions f5-10k / Qwen3.6-27B-Q8_0 | Total severance cost for the year ended December 31, 2019 was $102 million, including $61 million for employees terminated immediately subsequent to the Merger close and $37 million for accelerated vesting of share-based awards. Specific employee count affected is not disclosed. | ||
| 2019-09-30 | acquisition_addition | completed | 2019-02-01 | 2019-02-01 | United States (Indiana, Ohio) | Indiana Electric Integrated, Natural Gas Distribution, Infrastructure Services, Corporate and Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Vectren acquisition closed 2019-02-01 for approximately $6 billion in cash; no employee headcount added disclosed. | |||
| 2019-09-30 | restructuring | completed | 2019-02-01 | 2019-02-01 | United States | Vectren operations (acquired entities) | USD 61 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance recognized for employees terminated immediately after Merger close, including change-of-control payments to Vectren executives; no employee count disclosed. | ||
| 2019-09-30 | restructuring | in_progress | 2019-02-01 | 2019-12-31 | United States | Enterprise-wide integration | USD 67 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs of $67M YTD ($19M in Q3) recorded in operation and maintenance expenses; no employee count disclosed. | ||
| 2019-09-30 | restructuring | completed | 2019-02-01 | 2019-09-30 | United States | Corporate and Other; Indiana Electric Integrated; Natural Gas Distribution | USD 61 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance totaling $61 million recognized for employees terminated immediately subsequent to the Vectren Merger close, inclusive of change of control severance payments to executives. | ||
| 2019-09-30 | restructuring | completed | 2019-02-01 | 2019-09-30 | United States | Corporate and Other; Indiana Electric Integrated; Natural Gas Distribution | USD 37 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Incremental cost of $37 million recorded for accelerated vesting of share-based awards assumed from Vectren. | ||
| 2019-06-30 | restructuring | completed | 2019-02-01 | United States | Multiple (Vectren acquisition-related) | USD 61 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance recognized for employees terminated immediately after the Vectren merger close on 2019-02-01, including change-of-control severance for Vectren executives. Employee count not disclosed. | |||
| 2019-06-30 | restructuring | in_progress | 2019-02-01 | 2019-12-31 | United States | Corporate / Integration | USD 48 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs of $48M for six months ended 2019-06-30 ($40M in Q2), recorded in operation and maintenance expenses. Employee count not disclosed; integration effort expected to continue through 2019. | ||
| 2019-06-30 | restructuring | completed | 2019-02-01 | 2019-06-30 | United States | Corporate and Other / Indiana Electric Integrated / Infrastructure Services | USD 61 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance totaling $61 million recognized for employees terminated immediately subsequent to the Merger close, inclusive of change of control severance payments to executives of Vectren. | ||
| 2019-06-30 | restructuring | completed | 2019-02-01 | 2019-06-30 | United States | Corporate and Other | USD 37 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Incremental cost of $37 million recorded for accelerated vesting of share-based awards assumed from Vectren. | ||
| 2019-03-31 | acquisition_addition | completed | 2019-02-01 | United States (Indiana, Ohio) | Indiana Electric Integrated, Natural Gas Distribution, Infrastructure Services, Corporate and Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Vectren merger closed 2019-02-01 for ~$6B cash; added two new reportable segments. No employee headcount added disclosed. | ||||
| 2019-03-31 | restructuring | completed | 2019-02-01 | United States | Multiple (Vectren operations) | USD 61 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance to employees terminated immediately after merger close, including change-of-control payments to Vectren executives. No headcount disclosed. | |||
| 2019-03-31 | other | completed | 2019-02-01 | United States | Multiple (Vectren operations) | USD 37 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Incremental cost for accelerated vesting of Vectren share-based awards; $78M total cash-settled, $41M liability assumed. Recorded in Operation and maintenance expense. | |||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Corporate and Other; Natural Gas Distribution; Infrastructure Services; Indiana Electric Integrated | USD 61 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance totaling $61 million recognized for employees terminated immediately subsequent to the Vectren Merger close, inclusive of change of control severance payments to executives. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Corporate and Other; Natural Gas Distribution; Infrastructure Services; Indiana Electric Integrated | USD 37 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Incremental cost of $37 million recorded for accelerated vesting of share-based awards assumed from Vectren. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Houston Electric T&D | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Increased operation and maintenance expenses of $10 million for Merger-related severance costs. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Indiana Electric Integrated | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Operation and maintenance expense of $20 million for Merger-related severance and incentive compensation costs. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Natural Gas Distribution | USD 43 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Operation and maintenance expense of $43 million for Merger-related severance and incentive compensation costs associated with natural gas businesses acquired in the Merger. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Infrastructure Services | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Operation and maintenance expenses of $13 million for Merger-related severance and incentive compensation costs. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Corporate and Other | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Operation and maintenance expenses of $2 million for Merger-related severance and incentive compensation costs associated with ESG acquired in the Merger. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Natural Gas Distribution | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Higher operation and maintenance expenses of $10 million for Merger-related severance costs in CERC's service territories. | ||
| 2019-03-31 | restructuring | completed | 2019-02-01 | 2019-03-31 | United States | Corporate and Other | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Increase in operation and maintenance expenses of $8 million, primarily for Merger-related integration costs. | ||
| 2018-12-31 | acquisition_addition | announced | 2018-04-21 | 2019-02-01 | Indiana and Ohio, United States | Electric and natural gas utilities; Infrastructure Services; energy services | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger closed 2019-02-01 for approximately $6 billion cash; Vectren employee headcount not disclosed. 2018 transaction costs of $28 million and integration costs of $18 million recorded in operation and maintenance expense. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-01-03 | 2017-01-03 | United States | Energy Services | USD 147 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CES completed acquisition of AEM on January 3, 2017 for $147 million; added approximately 1,000 customers and 362 Bcf of natural gas sales. Headcount added not disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017-01-03 | 2017-01-03 | United States | Energy Services | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of AEM completed January 3, 2017. Included approximately 1,000 customers; specific headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-04-01 | United States | Energy Services | USD 102 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $102 million; acquisition added approximately 13,000 customers and 175 Bcf of gas sales, but no employee headcount added is disclosed. Original announcement date not stated in filing. | |||
| 2016-12-31 | acquisition_addition | completed | 2017-01-03 | United States | Energy Services | USD 140 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed after fiscal year-end but before filing date; approximately $140 million including estimated working capital. No employee headcount added is disclosed; initial accounting incomplete at filing. | |||
| 2016-12-31 | other | completed | 21% | 2016 | 2016 | United States | Electric Transmission & Distribution; Natural Gas Distribution; Other Operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | IBEW Local 66 and two PEIU Local 12 agreements, covering approximately 21% of employees, expired March and May 2016; all three follow-on agreements negotiated during 2016 (IBEW expires May 2020, PEIU March and May 2021). No separations or charges disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-04-01 | 2016-04-01 | United States | Energy Services | USD 102 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Continuum retail energy services business and natural gas wholesale assets. Headcount not explicitly disclosed in footnote, but segment employee count increased. | ||
| 2016-09-30 | acquisition_addition | completed | 2016-04-01 | 2016-04-01 | United States | Energy Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CES closed acquisition of Continuum retail energy services business and natural gas wholesale assets for $102 million; no headcount added disclosed | |||
| 2016-09-30 | acquisition_addition | announced | 2016-10-31 | 2017-03-31 | United States | Energy Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | CES agreed to acquire Atmos Energy Marketing for approximately $120 million; expected to close early 2017; no headcount disclosed | |||
| 2016-09-30 | other | completed | 2016-05-01 | 2017-01-01 | United States | Electric Transmission & Distribution | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Houston Electric renegotiated collective bargaining agreement with IBEW Local Union 66; retiree medical coverage changes for employees retiring on or after 2017-01-01; no affected-employee count disclosed | |||
| 2015-12-31 | other | completed | 2014-10-01 | 2015-01-01 | United States | Corporate / Midstream Investments | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Enable notified CenterPoint in Q4 2014 of intent to hire seconded employees; substantially all seconded employees became Enable employees effective January 1, 2015, triggering a $6 million pension curtailment loss recognized in Q4 2014. Headcount transferred not disclosed. | |||
| 2015-12-31 | acquisition_addition | announced | 2016-01-29 | 2016-03-31 | United States (Tulsa and Houston) | Energy Services | USD 78 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | CES agreed to acquire retail commercial and industrial businesses of Continuum Energy Services for $77.5 million plus working capital; conditioned on third-party consents. Employees to be added not disclosed. | ||
| 2015-06-30 | other | completed | 2015-01-01 | United States | Corporate / Enable transition services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Enable offered employment to substantially all employees seconded from CenterPoint Energy; they became Enable employees effective January 1, 2015. No headcount figure disclosed; transition services billing to Enable fell to $2 million in Q2 2015 from $37 million in Q2 2014. | ||||
| 2014-12-31 | other | completed | 1,113 | 2015-01-01 | United States | Midstream Investments | USD 6 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | During Q4 2014 Enable notified the company of intent to offer employment to substantially all seconded employees; all 1,113 became Enable employees effective January 1, 2015, reducing headcount to 7,427. A $6 million pension curtailment loss was recognized in Q4 2014. No exact announcement date disclosed. | ||
| 2014-12-31 | other | completed | 1,113 | 2014-10-01 | 2015-01-01 | United States | Midstream Investments | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Transfer of substantially all seconded employees to Enable Midstream Partners, LP effective January 1, 2015. Enable notified CenterPoint Energy of intent to provide employment offers in Q4 2014. | ||
| 2014-12-31 | other | completed | 1,113 | 2014-10-01 | 2015-01-01 | United States | Midstream Investments | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Transfer of substantially all seconded employees to Enable. Associated $6 million curtailment loss recognized in Q4 2014. | |
| 2013-12-31 | other | completed | 1,099 | 2013-03-14 | 2013-05-01 | United States | Midstream Investments (former Interstate Pipelines and Field Services segments) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employees were seconded, not transferred, to Enable upon its May 1, 2013 formation and remain counted in CenterPoint Energy's reported headcount. No severance or restructuring charge disclosed. | ||
| 2013-09-30 | other | in_progress | 2013-05-01 | 2014-12-31 | Midstream Investments / Enable | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | CenterPoint Energy does not anticipate extending transitional services or seconded employees to Enable beyond December 31, 2014. The company cannot reasonably estimate the impact of costs associated with the termination of these employees or their transfer to Enable. | ||||
| 2013-06-30 | divestiture_reduction | completed | 0 | 2013-03-14 | 2013-05-01 | United States | Interstate Pipelines; Field Services (Midstream) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Midstream Partnership (Enable) formation closed 2013-05-01; filer states no employees were transferred at formation or during the quarter. Seconded employees continued to be provided under Transition Agreements, with $28 million of transitional services billed through 2013-06-30; Midstream Partnership agreed to reimburse severance and termination costs for seconded employees, but no counts or amounts are quantified. | ||
| 2013-06-30 | other | completed | 1 | 2013-06-26 | 2013-06-30 | United States | Executive — CenterPoint Energy Resources Corp. | USD 900,000 (units) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive separation effective 2013-06-30 with $900,000 lump-sum severance plus contingent performance payments of $300,000 (2014-03-15) and $190,000 (2015-03-15); 18-month COBRA continuation at active-employee rates for the first 12 months. | |
| 2013-06-30 | other | completed | 2013-06-26 | 2013-06-30 | Executive Management | USD 900,000 (units) | other f5-10q / Qwen3.6-27B-Q8_0 | Separation of C. Gregory Harper, President and CEO of CERC Corp. Lump-sum severance of $900,000 plus potential performance payments of $490,000 contingent on compliance with non-disparagement and cooperation clauses. | |||
| 2012-12-31 | acquisition_addition | completed | 2012-07-31 | 2012-07-31 | United States (east Texas) | Field Services | USD 273 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately $273 million; no employee count disclosed for acquired workforce. Company recorded a $136 million pre-tax step acquisition gain. | ||
| 2012-09-30 | acquisition_addition | completed | 2012-07-31 | Texas, United States | Field Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchased the 50% interest in Waskom Gas Processing Company not already owned for approximately $273 million; step acquisition gain of $136 million recorded. No employee headcount associated with the transaction is disclosed. | ||||
| 2012-09-30 | acquisition_addition | completed | 2012-05-31 | United States | Field Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Amoruso gathering system in May 2012 contributed $6 million to nine-month Field Services operating income; no headcount impact disclosed. Announcement date approximate (month only). | ||||
| 2010-06-30 | other | announced | 2010-07-01 | United States | Electric Transmission & Distribution | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | New three-year collective bargaining agreement with IBEW Local 66, effective May 26, 2010, ratified by members on July 1, 2010 (subsequent to quarter end). Number of covered employees not disclosed. | ||||
| 2007-12-31 | restructuring | completed | 2006-01-05 | 2006-02-28 | United States | Natural Gas Distribution | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approximately 200 employees. Election period ended Feb 28, 2006. One-time additional pension and postretirement expense of $9 million recorded. | ||
| 2007-09-30 | restructuring | completed | Natural Gas Distribution | Natural Gas Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing notes 'reduced operation and maintenance expenses, primarily as a result of costs associated with staff reductions incurred in 2006'. | |||||
| 2007-06-30 | restructuring | completed | Natural Gas Distribution | Natural Gas Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing notes 'costs associated with staff reductions incurred in 2006' which reduced operation and maintenance expenses in the current period. No specific headcount or charge amount is disclosed for the current quarter. | |||||
| 2007-03-31 | restructuring | completed | United States | Electric Transmission & Distribution | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A notes 'lower corporate support services costs primarily due to staff reductions in 2006' and 'resulting labor savings in 2007'. No specific headcount or charge amount is disclosed for the current quarter. | |||||
| 2006-12-31 | voluntary_separation | announced | 200 | 2006-01-05 | 2006-02-28 | United States | Company-wide | USD 9 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary Early Retirement Program offered to approximately 200 employees age 55+ with 5+ years of service; election period 2006-01-05 to 2006-02-28. Count is employees offered, actual participants not disclosed. One-time pension and postretirement expense of $9 million. | |
| 2006-12-31 | restructuring | in_progress | United States | Natural Gas Distribution | USD 17 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes a $17 million increase in operation and maintenance expense to staff reduction costs in the Natural Gas Distribution segment; no employee count or program timeline disclosed. | ||||
| 2006-12-31 | restructuring | completed | 2006-12-31 | Natural Gas Distribution | Natural Gas Distribution | USD 17 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Costs associated with staff reductions in Natural Gas Distribution segment. | |||
| 2006-12-31 | voluntary_separation | completed | 200 | 2006-01-05 | 2006-02-28 | USD 9 (millions) | other f5-10k / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approx. 200 employees age 55+ with 5+ years service. Election period Jan 5 - Feb 28, 2006. One-time additional pension and postretirement expense of $9 million. | |||
| 2006-12-31 | restructuring | completed | Natural Gas Distribution | USD 17 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Costs associated with staff reductions in Natural Gas Distribution segment. | |||||
| 2006-09-30 | voluntary_separation | completed | 200 | 2006-01-05 | 2006-02-28 | United States | Company-wide | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | VERP offered to ~200 employees age 55+ with 5+ years of service; $9M additional pension/postretirement expense recorded in Q1 2006. | |
| 2006-09-30 | restructuring | in_progress | United States | Natural Gas Distribution | USD 12 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Staff reduction costs of $12M for nine months ended 2006; employee count not disclosed. | ||||
| 2006-09-30 | restructuring | in_progress | United States | Electric Transmission & Distribution | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs associated with staff reductions of $4M for nine months ended 2006; employee count not disclosed. | ||||
| 2006-09-30 | voluntary_separation | completed | 2006-01-05 | 2006-02-28 | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approx. 200 employees age 55+ with 5+ years service. Election period Jan 5 - Feb 28, 2006. Recorded $9M pension/postretirement expense. | ||||
| 2006-06-30 | voluntary_separation | completed | 200 | 2006-01-05 | 2006-02-28 | United States | Company-wide | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | VERP offered to ~200 employees age 55+ with 5+ years of service; $9M pension/postretirement benefit enhancement expense recorded in Q1 2006. Election period Jan 5 – Feb 28, 2006. | |
| 2006-06-30 | restructuring | in_progress | United States | Natural Gas Distribution | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Staff reductions referenced as a driver of increased O&M expense ($5M in Q2, $11M YTD); no employee count or charge disclosed. | |||||
| 2006-06-30 | restructuring | in_progress | United States | Electric Transmission & Distribution | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs associated with staff reductions referenced as a $4M YTD O&M expense driver; no employee count or charge disclosed. | |||||
| 2006-06-30 | voluntary_separation | completed | 200 | 2006-01-05 | 2006-02-28 | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approx. 200 employees age 55+ with 5+ years service. Election period Jan 5 - Feb 28, 2006. $9M pension/postretirement expense recorded in Q1 2006. | |||
| 2006-06-30 | restructuring | in_progress | Natural Gas Distribution | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Staff reductions in Natural Gas Distribution segment. $5M cost associated with staff reductions reported in Q2 2006 operating expenses. | |||||
| 2006-06-30 | restructuring | in_progress | Electric Transmission & Distribution | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs associated with staff reductions in Electric Transmission & Distribution segment reported in YTD 2006. | |||||
| 2006-03-31 | voluntary_separation | completed | 2006-01-05 | 2006-02-28 | United States | Company-wide | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | VERP offered to approximately 200 employees age 55+ with 5+ years of service; election period Jan 5–Feb 28, 2006. Number who accepted not disclosed. $9M additional pension and postretirement expense recorded in Q1 2006. | ||
| 2006-03-31 | restructuring | completed | United States | Electric Transmission & Distribution | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $4M associated with staff reductions in Q1 2006; headcount affected not disclosed. | ||||
| 2006-03-31 | voluntary_separation | completed | 2006-01-05 | 2006-02-28 | United States | Natural Gas Distribution | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approx. 200 employees age 55+ with 5+ years service. Election period Jan 5 - Feb 28, 2006. $9M pension/postretirement expense recorded. | ||
| 2006-03-31 | restructuring | completed | 2006-01-01 | 2006-03-31 | United States | Electric Transmission & Distribution | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs associated with staff reductions in the first quarter of 2006. | ||
| 2005-12-31 | voluntary_separation | announced | 200 | 2006-01-05 | 2006-02-28 | United States | Southern Gas Operations, CenterPoint Energy Service IT, Finance and Regulatory / Regulated Operations | USD 9 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | VERP offered to approximately 200 employees age 55+ with 5+ years service; election period Jan 5–Feb 28, 2006. One-time additional pension and postretirement expense of approximately $9 million to be recognized in Q1 2006. Count reflects employees offered the program, not necessarily those electing. | |
| 2005-12-31 | layoff | announced | 2006-01-01 | 2006-12-31 | United States | Southern Gas Operations | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2006 Southern Gas involuntary separation benefit for nonexempt employees involuntarily terminated during a severance period in 2006; enhanced pension with 3 deemed years of age and service. No employee count or charge disclosed. | |||
| 2005-12-31 | restructuring | completed | 2004-01-01 | Natural Gas Distribution | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs associated with staff reductions recorded in the first quarter of 2004. | |||
| 2005-12-31 | voluntary_separation | announced | 200 | 2006-01-05 | 2006-02-28 | United States | Southern Gas Operations, IT, Finance, Regulatory | USD 9 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Voluntary Early Retirement Program (VERP) offered to approximately 200 employees age 55+ with 5+ years service. Election period Jan 5 - Feb 28, 2006. One-time additional pension and postretirement expense of approximately $9 million. | |
| 2005-03-31 | restructuring | completed | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing references $8 million in severance costs incurred in Q1 2004 associated with staff reductions, noting their absence in Q1 2005 results. No specific employee count or current-quarter action details provided. | |||||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-03-31 | United States | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance charge for staff reductions recorded in Q1 2004; employee count not disclosed | ||
| 2004-12-31 | restructuring | completed | 2004-01-01 | Natural Gas Distribution | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs associated with staff reductions recorded in the first quarter of 2004. | |||
| 2004-12-31 | restructuring | completed | 2004-03-31 | United States | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance charge for staff reductions recorded in Q1 2004; no employee count disclosed. Filer notes the charge reduced costs in later periods. | |||
| 2004-12-31 | divestiture_reduction | in_progress | 2004-07-21 | 2005-06-30 | United States | Texas Genco (discontinued operations) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Texas Genco announced July 2004; first step completed December 15, 2004; second step expected H1 2005. No employee headcount associated with the divestiture disclosed. | |||
| 2004-09-30 | restructuring | completed | United States | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charge for staff reductions recorded in Q1 2004; no employee count disclosed. Filer notes the charge will reduce costs in future periods. | ||||
| 2004-09-30 | restructuring | completed | 2004-01-01 | 2004-03-31 | Natural Gas Distribution | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge for severance costs associated with staff reductions in the first quarter of 2004. | ||
| 2004-09-30 | other | completed | 2004-09-01 | 2004-09-30 | Texas | Texas Genco (Discontinued Operations) | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Non-recurring curtailment costs attributable to the discontinued participation of Texas Genco's workforce in the Company's postretirement benefit plan. | ||
| 2004-06-30 | restructuring | in_progress | 2004-03-31 | 2004-12-31 | United States | Natural Gas Distribution (Arkla/Entex) | USD 8 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charge for staff reductions in Natural Gas Distribution; related retirement plan amendment (Exhibit 10.7) establishes involuntary separation benefits for Arkla/Entex employees terminated between 2004-03-31 and 2004-12-31. No employee count disclosed. | ||
| 2004-06-30 | restructuring | completed | 2004-01-01 | 2004-03-31 | United States | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Staff reductions in Natural Gas Distribution business segment; $8 million charge for severance costs recorded in Q1 2004. | ||
| 2004-03-31 | restructuring | completed | United States | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charge for staff reductions in Q1 2004; number of employees affected not disclosed. Filer notes the reductions will reduce costs in future periods. | ||||
| 2004-03-31 | restructuring | completed | Natural Gas Distribution | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge related to staff reductions in the Natural Gas Distribution business segment. | |||||
| 2003-12-31 | restructuring | completed | 2003-06-30 | 2003-06-30 | Houston, Texas | Other Operations | USD 25 (millions) | Item 1. Business - Discontinued Operations f5-10k / Qwen3.6-27B-Q8_0 | Pre-tax charge of $25 million recorded in Q2 2003 for impairment of long-lived assets and one-time termination benefits related to the sale of CenterPoint Energy Management Services (CEMS). | ||
| 2003-09-30 | restructuring | completed | 2003-06-01 | 2003-09-30 | Houston, Texas | Other Operations | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment and one-time employee termination benefits related to decision to sell CenterPoint Energy Management Services, Inc. | ||
| 2003-06-30 | divestiture_reduction | in_progress | Houston, Texas | Other Operations — CenterPoint Energy Management Services, Inc. (district cooling) | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax loss of $25.0M ($16.2M after-tax) recorded in Q2 2003 for asset impairment and one-time employee termination benefits; employee count not disclosed. Company was negotiating sale of the district cooling business. | ||||
| 2003-06-30 | restructuring | completed | 2003-06-30 | 2003-06-30 | Houston, Texas | Other Operations (CenterPoint Energy Management Services, Inc.) | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax loss of $25.0 million recorded for impairment of long-lived assets and one-time employee termination benefits related to impending sale of district cooling services business. | ||
| 2002-12-31 | voluntary_separation | completed | 2002-11-06 | 2002-12-31 | United States | Electric Generation (Texas Genco) | USD 23 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2002 Voluntary Early Retirement Program (VERP) for Texas Genco employees; $23M severance charge included in benefits expense increase; participants required age 55+ with 20 years service, terminating by 2002-12-31; employee count not disclosed | ||
| 2002-12-31 | restructuring | completed | United States | Electric Transmission & Distribution (CenterPoint Houston) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | CenterPoint Houston workforce reduction in 2002; severance costs included in the $23M benefits expense increase alongside Texas Genco VERP; employee count not separately disclosed | |||||
| 2002-12-31 | divestiture_reduction | completed | 2002-09-05 | 2002-09-30 | United States | Wholesale Energy, European Energy, Retail Energy (Reliant Resources) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Reliant Resources on 2002-09-30; Reliant Resources businesses presented as discontinued operations; employee count associated with the spin-off not disclosed | |||
| 2002-12-31 | restructuring | completed | 2002-01-01 | Texas | Electric Generation | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs of $23 million in connection with the voluntary early retirement program resulting from the mothballing of generating capacity by Texas Genco and workforce reduction by CenterPoint Houston. | |||
| 2002-12-31 | voluntary_separation | completed | 2002 | Texas | Electric Generation; Electric Transmission & Distribution | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Voluntary early retirement program resulting from mothballing of generating capacity by Texas Genco and reduction in workforce by CenterPoint Houston. Severance costs of $23 million included in benefits expense. | |||
| 2002-09-30 | voluntary_separation | announced | 140 | 2002-11-01 | Texas | Electric Generation (Texas Genco) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary early retirement package extended to approximately 140 Texas Genco employees in connection with mothballing ~3,400 MW of gas-fired generating units through at least May 2003. Company stated it does not expect a material impact on results or cash flows. | |||
| 2002-09-30 | restructuring | announced | 140 | 2002-11-01 | Texas | Electric Generation | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Texas Genco extended voluntary early retirement package to approximately 140 employees in November 2002 in connection with mothballing gas-fired units. |