CenterPoint Energy 2009 Annual Report Download - page 134

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112
Financial data for business segments and products and services are as follows (in millions):
Revenues
from
External
Customers
Intersegment
Revenues
Depreciation
and
Amortization
Operating
Income
(Loss)
Total
Assets
Expenditures
for Long-Lived
Assets
As of and for the year ended
December 31, 2007:
Electric Transmission &
Distribution ........................................
$ 1,837(1) $
—
$ 398 $ 561 $ 8,358
$ 401
Natural Gas Distribution ...................... 3,749 10 155 218 4,332 191
Competitive Natural Gas Sales and
Services ..............................................
3,534 45 5 75 1,221
7
Interstate Pipelines(2) ........................... 357 143 44 237 3,007 308
Field Services(3) ................................... 136 39 11 99 669 74
Othe
r
..................................................... 10
—
18 (5) 1,956(4) 30
Reconciling Eliminations .....................
—
(237)
—
—
(1,671)
—
Consolidate
d
......................................... $ 9,623 $
—
$ 631 $ 1,185 $ 17,872 $ 1,011
As of and for the year ended
December 31, 2008:
Electric Transmission &
Distribution ........................................
$ 1,916(1) $
—
$ 460 $ 545 $ 8,880
$ 481(5)
Natural Gas Distribution ...................... 4,217 9 157 215 4,961 214
Competitive Natural Gas Sales and
Services ..............................................
4,488 40 3 62 1,315
8
Interstate Pipelines(2) ........................... 477 173 46 293 3,578 189
Field Services(3) ................................... 213 39 12 147 826 122
Othe
r
..................................................... 11
—
30 11 2,185(4) 39
Reconciling Eliminations .....................
—
(261)
—
—
(2,069)
—
Consolidate
d
......................................... $ 11,322 $
—
$ 708 $ 1,273 $ 19,676 $ 1,053
As of and for the year ended
December 31, 2009:
Electric Transmission &
Distribution ........................................
$ 2,013(1) $
—
$ 480 $ 545 $ 9,755
$ 428(5)
Natural Gas Distribution ...................... 3,374 10 161 204 4,535 165
Competitive Natural Gas Sales and
Services ..............................................
2,215 15 4 21 1,176
2
Interstate Pipelines(2) ........................... 456 142 48 256 3,484 176
Field Services(3) ................................... 212 29 15 94 1,045 348
Othe
r
..................................................... 11
—
35 4 2,261(4) 29
Reconciling Eliminations .....................
—
(196)
—
—
(2,483)
—
Consolidate
d
......................................... $ 8,281 $
—
$ 743 $ 1,124 $ 19,773 $ 1,148
__________
(1) Sales to subsidiaries of NRG Retail LLC, the successor to RRI’s Texas retail business, in 2007, 2008 and
2009 represented approximately $661 million, $635 million and $634 million, respectively, of CenterPoint
Houston’s transmission and distribution revenues.
(2) Interstate Pipelines recorded equity income of $6 million, $36 million, and $7 million (including $6 million
and $33 million related to pre-operating allowance for funds used during construction during 2007 and
2008, respectively) in the years ended December 31, 2007, 2008 and 2009, respectively, from its 50%
interest in SESH, a jointly-owned pipeline. These amounts are included in Equity in earnings of
unconsolidated affiliates under the Other Income (Expense) caption. Interstate Pipelines’ investment in
SESH was $58 million, $307 million and $422 million as of December 31, 2007, 2008 and 2009 and is
included in Investment in unconsolidated affiliates.
(3) Field Services recorded equity income of $10 million, $15 million and $8 million for the years ended
December 31, 2007, 2008 and 2009, respectively, from its 50% interest in a jointly-owned gas processing
plant. These amounts are included in Equity in earnings of unconsolidated affiliates under the Other
Income (Expense) caption. Field Services’ investment in the jointly-owned gas processing plant was
$30 million, $38 million and $40 million as of December 31, 2007, 2008 and 2009, respectively, and is
included in Investment in unconsolidated affiliates.
(4) Included in total assets of Other Operations as of December 31, 2007 are pension assets of $231 million.
Also included in total assets of Other Operations as of December 31, 2007, 2008 and 2009, are pension and
other postemployment related regulatory assets of $319 million, $800 million and $731 million,
respectively.