UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 25, 2009

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

Texas (State or other jurisdiction of incorporation)		1-31447 (Commission File Number)		74-0694415 (IRS Employer Identification No.)

1111 Louisiana Houston, Texas (Address of principal executive offices)		77002 (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 2.02. Results of Operations and Financial Condition.

     On February 25, 2009, CenterPoint Energy, Inc. (“CenterPoint Energy”) reported fourth quarter and full year 2008 earnings. For additional information regarding CenterPoint Energy’s fourth quarter and full year 2008 earnings, please refer to CenterPoint Energy’s press release attached to this report as Exhibit 99.1 (the “Press Release”), which Press Release is incorporated by reference herein. The information in the Press Release is being furnished, not filed, pursuant to Item 2.02. Accordingly, the information in the Press Release will not be incorporated by reference into any registration statement filed by CenterPoint Energy under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Item 9.01. Financial Statements and Exhibits.

     The exhibit listed below is furnished pursuant to Item 2.02 of this Form 8-K.

	(d)		Exhibits.
	99.1		Press Release issued February 25, 2009 regarding CenterPoint Energy, Inc.’s fourth quarter and full year 2008 earnings.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

Exhibit
Number				Description
99.1		—		Press Release issued February 25, 2009 regarding CenterPoint Energy, Inc.’s fourth quarter and full year 2008 earnings.

Exhibit 99.1

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FOR IMMEDIATE RELEASE		Page 1 of 4

CENTERPOINT ENERGY REPORTS FOURTH QUARTER AND
FULL YEAR 2008 EARNINGS

     Houston, TX — February 25, 2009 — CenterPoint Energy, Inc. (NYSE: CNP) today reported net income of $87 million, or $0.25 per diluted share, for the fourth quarter of 2008 compared to $108 million, or $0.32 per diluted share, for the same period of 2007.

     Net income for the year 2008 was $447 million, or $1.30 per diluted share, compared to $399 million, or $1.17 per diluted share, for 2007.

     “I am pleased with the overall financial results that we are reporting today,” said David M. McClanahan, president and chief executive officer of CenterPoint Energy. “Our interstate pipelines and field services businesses turned in record performances, and our electric and natural gas utilities reported solid results. Although we expect 2009 to be a more challenging year, we continue to benefit from the stability of our regulated utility operations and from the high levels of activity in a number of the producing areas served by our pipelines and field services businesses.”

OPERATING INCOME BY SEGMENT

Electric Transmission & Distribution

     The electric transmission & distribution segment reported operating income of $88 million for the fourth quarter of 2008, consisting of $55 million from the regulated electric transmission & distribution utility operations (TDU) and $33 million related to transition bonds. Operating income for the fourth quarter of 2007 was $104 million, consisting of $65 million from the TDU, $29 million related to transition bonds, and $10 million from the competition transition charge (CTC). In February 2008, the company monetized the remaining true-up balance resulting in the discontinuance of the CTC. Operating income for the TDU declined primarily due to higher transmission costs billed to the company from other transmission providers.

     Operating income for the year 2008 was $545 million, consisting of $407 million from the TDU, $133 million related to transition bonds, and $5 million from the CTC. Operating income for 2007 was $561 million, consisting of $400 million from the TDU, $119 million related to transition bonds, and $42 million from the CTC. Operating income for the TDU increased as a result of customer growth of nearly 31,000 customers since December 2007, increased usage, in part due to favorable weather, proceeds from a land sale, and a refund of prior years’ state franchise taxes. These positive impacts were partially offset by higher transmission costs and other operating expenses, and the impacts from Hurricane Ike. Operating income for 2007 included a $17 million favorable settlement related to the final fuel reconciliation of the formerly integrated electric utility. As a result of revisions to the Texas State Franchise Tax Law, the Texas margin tax, which was reported as operating expense prior to 2008, is now being reported as income tax and does not impact operating income.

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Natural Gas Distribution

     The natural gas distribution segment reported operating income of $96 million for the fourth quarter of 2008 compared to $89 million for the same period of 2007. Operating income benefited from continued customer growth of nearly 25,000 since December 2007 and lower employee-related expenses.

     Operating income for the year 2008 was $215 million compared to $218 million for 2007. Operating income for 2008 declined primarily due to reduced usage and higher expenses, partially offset by rate increases and customer growth.

Interstate Pipelines

     The interstate pipelines segment reported operating income of $66 million for the fourth quarter of 2008 compared to $71 million for the same period of 2007. Higher income from the Carthage to Perryville pipeline and increased transportation services was offset by reduced ancillary services and higher operation and maintenance expenses. Operating income for the fourth quarter of 2007 included favorable settlements of certain state tax issues and a write-off of project development costs.

     Operating income for the year 2008 was $293 million compared to $237 million for 2007. Higher income from the Carthage to Perryville pipeline and increased transportation and ancillary services was partially offset by higher operation and maintenance expenses. Operating income for 2008 included an $18 million gain from the sale of two storage development projects and a $7 million write-down associated with pipeline assets removed from service. Operating income for 2007 included $8 million from the favorable settlement of certain state tax issues.

     In addition to operating income, this business had equity income of $36 million for 2008 and $6 million for 2007, including $33 million for 2008 and $6 million for 2007 of pre-operating allowance for funds used during construction from its 50 percent interest in the Southeast Supply Header, a new pipeline that went into service in September 2008.

Field Services

     The field services segment reported operating income of $26 million for the fourth quarter of 2008 compared to $24 million for the same period of 2007. Operating income increased primarily from higher throughput and increased ancillary services, partially offset by lower commodity prices and higher operation and maintenance expenses.

     In addition to operating income, this business had equity income of $3 million in each of the fourth quarters of 2008 and 2007 from its 50 percent interest in a gas processing plant.

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FOR IMMEDIATE RELEASE		Page 3 of 4

     Operating income for the year 2008 was $147 million compared to $99 million for 2007. Operating income increased primarily from higher throughput, increased ancillary services and higher commodity prices, partially offset by higher operation and maintenance expenses. Operating income for 2008 also included $17 million associated with the sale of non-strategic assets and the settlement of a contractual dispute, and a gain of $7 million associated with system imbalances.

     Equity income from the jointly-owned gas processing plant was $15 million for 2008 compared to $10 million for 2007.

Competitive Natural Gas Sales and Services

     The competitive natural gas sales and services segment reported operating income of $26 million for the fourth quarter of 2008 compared to $19 million for the same period of 2007. Operating income increased due to more favorable locational and seasonal price differentials, which were partially offset by higher operating expenses. Operating income for the fourth quarter of 2008 included a $6 million write-down of natural gas inventory to the lower of average cost or market. Operating income for the fourth quarter of 2007 included gains of $2 million resulting from mark-to-market accounting for derivatives used to lock in economic margins of certain forward natural gas sales.

     Operating income for the year 2008 was $62 million compared to $75 million for 2007. Operating income declined due to lower gains on sales of gas from inventory and higher operating expenses, partially offset by more favorable locational and seasonal price differentials. Operating income for 2008 included inventory write-downs of $30 million compared to inventory write-downs of $11 million for 2007. Operating income for 2008 included gains of $13 million resulting from mark-to-market accounting compared to mark-to-market charges of $10 million for 2007.

DIVIDEND DECLARATION

     On January 22, 2009, CenterPoint Energy’s board of directors declared a regular quarterly cash dividend of $0.19 per share of common stock payable on March 10, 2009, to shareholders of record as of the close of business on February 16, 2009. This represents more than a four percent increase over the $0.1825 per common share quarterly dividends paid by the company in 2008.

OUTLOOK FOR 2009

     CenterPoint Energy expects diluted earnings per share for 2009 to be in the range of $1.05 to $1.15. This guidance takes into consideration an estimated increase in non-cash pension expense of $0.16 per diluted share. Additionally, the guidance takes into consideration various economic and operational assumptions related to the business segments in which the company operates. The company has made certain assumptions regarding the timing and cost of certain financing activities and the impact to earnings of various regulatory proceedings, including

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FOR IMMEDIATE RELEASE		Page 4 of 4

recovery of costs associated with Hurricane Ike. The company cannot predict the ultimate outcome of any of those proceedings. In providing this guidance, the company has not projected the impact of any changes in accounting standards, any impact from acquisitions or divestitures, the timing effects of mark-to-market or inventory accounting in our competitive natural gas sales and services business, or the outcome of the TDU’s true-up appeal.

FILING OF FORM 10-K FOR CENTERPOINT ENERGY, INC.

     Today, CenterPoint Energy, Inc. filed with the Securities and Exchange Commission (SEC) its Annual Report on Form 10-K for the fiscal year ended December 31, 2008. A copy of that report is available on the company’s Web site, www.CenterPointEnergy.com, under the Investors section. Other filings the company makes at the SEC and other documents relating to its corporate governance can also be found on that site.

WEBCAST OF EARNINGS CONFERENCE CALL

     CenterPoint Energy’s management will host an earnings conference call on Wednesday, February 25, 2009, at 10:30 a.m. Central time or 11:30 a.m. Eastern time. Interested parties may listen to a live audio broadcast of the conference call at www.CenterPointEnergy.com. A replay of the call can be accessed approximately two hours after the completion of the call and will be archived on the Web site for at least one year.

     CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Assets total over $19 billion. With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For more information, visit the Web site at www.CenterPointEnergy.com.

     This news release includes forward-looking statements. Actual events and results may differ materially from those projected. The statements in this news release regarding future financial performance and results of operations and other statements that are not historical facts are forward-looking statements. Factors that could affect actual results include the timing and outcome of appeals from the true-up proceedings, the timing and impact of future regulatory, legislative, and IRS decisions, effects of competition, weather variations, changes in CenterPoint Energy’s or its subsidiaries’ business plans, financial market conditions, the timing and extent of changes in commodity prices, particularly natural gas, the impact of unplanned facility outages, and other factors discussed in CenterPoint Energy’s Form 10-K for the period ended December 31, 2008, and other filings with the SEC.

###

CenterPoint Energy, Inc. and Subsidiaries
Statements of Consolidated Income
(Millions of Dollars)
(Unaudited)

		Quarter Ended								Year Ended
		December 31,								December 31,
		2007				2008				2007				2008
Revenues:
Electric Transmission & Distribution		$	438			$	445			$	1,837			$	1,916
Natural Gas Distribution			1,158				1,250				3,759				4,226
Competitive Natural Gas Sales and Services			864				896				3,579				4,528
Interstate Pipelines			152				182				500				650
Field Services			50				61				175				252
Other Operations			2				3				10				11
Eliminations			(62	)			(63	)			(237	)			(261	)
Total			2,602				2,774				9,623				11,322
Expenses:
Natural gas			1,646				1,791				5,995				7,466
Operation and maintenance			409				424				1,440				1,502
Depreciation and amortization			156				168				631				708
Taxes other than income taxes			88				88				372				373
Total			2,299				2,471				8,438				10,049
Operating Income			303				303				1,185				1,273
Other Income (Expense):
Loss on Time Warner investment			(40	)			(66	)			(114	)			(139	)
Gain on indexed debt securities			41				62				111				128
Interest and other finance charges			(135	)			(122	)			(503	)			(466	)
Interest on transition bonds			(30	)			(34	)			(123	)			(136	)
Distribution from AOL Time Warner litigation settlement			—				—				32				—
Additional distribution to ZENS holders			—				—				(27	)			—
Equity in earnings of unconsolidated affiliates			6				5				16				51
Other — net			4				4				17				14
Total			(154	)			(151	)			(591	)			(548	)
Income Before Income Taxes			149				152				594				725
Income Tax Expense			(41	)			(65	)			(195	)			(278	)
Net Income		$	108			$	87			$	399			$	447

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Selected Data From Statements of Consolidated Income
(Millions of Dollars, Except Share and Per Share Amounts)
(Unaudited)

		Quarter Ended								Year Ended
		December 31,								December 31,
		2007				2008				2007				2008
Basic Earnings Per Common Share		$	0.34			$	0.25			$	1.25			$	1.33
Diluted Earnings Per Common Share		$	0.32			$	0.25			$	1.17			$	1.30
Dividends Declared per Common Share		$	0.17			$	0.1825			$	0.68			$	0.73
Weighted Average Common Shares Outstanding (000):
- Basic			321,695				344,536				320,480				336,387
- Diluted			342,841				346,839				342,507				343,555
Operating Income (Loss) by Segment
Electric Transmission & Distribution:
Electric Transmission and Distribution Operations		$	65			$	55			$	400			$	407
Competition Transition Charge			10				—				42				5
Total Electric Transmission and Distribution Utility			75				55				442				412
Transition Bond Companies			29				33				119				133
Total Electric Transmission & Distribution			104				88				561				545
Natural Gas Distribution			89				96				218				215
Competitive Natural Gas Sales and Services			19				26				75				62
Interstate Pipelines			71				66				237				293
Field Services			24				26				99				147
Other Operations			(4	)			1				(5	)			11
Total		$	303			$	303			$	1,185			$	1,273

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Electric Transmission & Distribution
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues:
Electric transmission and distribution utility		$	373			$	373				—			$	1,560			$	1,593				2	%
Transition bond companies			65				72				11	%			277				323				17	%
Total			438				445				2	%			1,837				1,916				4	%
Expenses:
Operation and maintenance			185				201				(9	%)			652				703				(8	%)
Depreciation and amortization			61				69				(13	%)			243				277				(14	%)
Taxes other than income taxes			52				48				8	%			223				201				10	%
Transition bond companies			36				39				(8	%)			158				190				(20	%)
Total			334				357				(7	%)			1,276				1,371				(7	%)
Operating Income		$	104			$	88				(15	%)		$	561			$	545				(3	%)
Operating Income:
Electric transmission and distribution operations		$	65			$	55				(15	%)		$	400			$	407				2	%
Competition transition charge			10				—				—				42				5				(88	%)
Transition bond companies			29				33				14	%			119				133				12	%
Total Segment Operating Income		$	104			$	88				(15	%)		$	561			$	545				(3	%)
Electric Transmission & Distribution Operating Data:
Actual MWH Delivered
Residential			4,939,054				4,635,129				(6	%)			23,999,085				24,258,254				1	%
Total			17,729,923				16,316,691				(8	%)			76,290,615				74,839,972				(2	%)
Weather (average for service area):
Percentage of 10-year average:
Cooling degree days			140	%			88	%			(52	%)			104	%			102	%			(2	%)
Heating degree days			76	%			88	%			12	%			98	%			92	%			(6	%)
Number of metered customers — end of period:
Residential			1,793,600				1,821,267				2	%			1,793,600				1,821,267				2	%
Total			2,034,074				2,064,854				2	%			2,034,074				2,064,854				2	%

		Natural Gas Distribution
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues		$	1,158			$	1,250				8	%		$	3,759			$	4,226				12	%
Expenses:
Natural gas			838				928				(11	%)			2,683				3,124				(16	%)
Operation and maintenance			158				153				3	%			579				589				(2	%)
Depreciation and amortization			41				39				5	%			155				157				(1	%)
Taxes other than income taxes			32				34				(6	%)			124				141				(14	%)
Total			1,069				1,154				(8	%)			3,541				4,011				(13	%)
Operating Income		$	89			$	96				8	%		$	218			$	215				(1	%)
Natural Gas Distribution Operating Data:
Throughput data in BCF
Residential			53				58				9	%			172				175				2	%
Commercial and Industrial			65				65				—				232				236				2	%
Total Throughput			118				123				4	%			404				411				2	%
Weather (average for service area)
Percentage of 10-year average:
Heating degree days			93	%			102	%			9	%			96	%			104	%			8	%
Number of customers — end of period:
Residential			2,961,110				2,987,222				1	%			2,961,110				2,987,222				1	%
Commercial and Industrial			249,877				248,476				(1	%)			249,877				248,476				(1	%)
Total			3,210,987				3,235,698				1	%			3,210,987				3,235,698				1	%

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Competitive Natural Gas Sales and Services
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues		$	864			$	896				4	%		$	3,579			$	4,528				27	%
Expenses:
Natural gas			836				856				(2	%)			3,467				4,423				(28	%)
Operation and maintenance			8				13				(63	%)			31				39				(26	%)
Depreciation and amortization			1				1				—				5				3				40	%
Taxes other than income taxes			—				—				—				1				1				—
Total			845				870				(3	%)			3,504				4,466				(27	%)
Operating Income		$	19			$	26				37	%		$	75			$	62				(17	%)
Competitive Natural Gas Sales and Services Operating Data:
Throughput data in BCF			130				136				5	%			522				528				1	%
Number of customers — end of period			7,139				9,771				37	%			7,139				9,771				37	%

		Interstate Pipelines
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues		$	152			$	182				20	%		$	500			$	650				30	%
Expenses:
Natural gas			28				58				(107	%)			83				155				(87	%)
Operation and maintenance			40				40				—				125				133				(6	%)
Depreciation and amortization			12				12				—				44				46				(5	%)
Taxes other than income taxes			1				6				(500	%)			11				23				(109	%)
Total			81				116				(43	%)			263				357				(36	%)
Operating Income		$	71			$	66				(7	%)		$	237			$	293				24	%
Pipelines Operating Data:
Throughput data in BCF
Transportation			336				393				17	%			1,216				1,538				26	%

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Field Services
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues		$	50			$	61				22	%		$	175			$	252				44	%
Expenses:
Natural gas			5				10				(100	%)			(4	)			21				(625	%)
Operation and maintenance			17				21				(24	%)			66				69				(5	%)
Depreciation and amortization			3				3				—				11				12				(9	%)
Taxes other than income taxes			1				1				—				3				3				—
Total			26				35				(35	%)			76				105				(38	%)
Operating Income		$	24			$	26				8	%		$	99			$	147				48	%
Field Services Operating Data:
Throughput data in BCF
Gathering			102				110				8	%			398				421				6	%

		Other Operations
		Quarter Ended												Year Ended
		December 31,								% Diff				December 31,								% Diff
		2007				2008				Fav/(Unfav)				2007				2008				Fav/(Unfav)
Results of Operations:
Revenues		$	2			$	3				50	%		$	10			$	11				10	%
Expenses			6				2				67	%			15				—				—
Operating Income (Loss)		$	(4	)		$	1				125	%		$	(5	)		$	11				320	%

		Capital Expenditures by Segment
		(Millions of Dollars)
		(Unaudited)
		Quarter Ended								Year Ended
		December 31,								December 31,
		2007				2008				2007				2008
Capital Expenditures by Segment
Electric Transmission & Distribution		$	97			$	80			$	401			$	336
Hurricane Ike			—				4				—				145
Total Electric Transmission & Distribution			97				84				401				481
Natural Gas Distribution			56				63				191				214
Competitive Natural Gas Sales and Services			2				5				7				8
Interstate Pipelines			55				59				308				189
Field Services			19				45				74				122
Other Operations			8				21				30				39
Total		$	237			$	277			$	1,011			$	1,053

		Interest Expense Detail
		(Millions of Dollars)
		(Unaudited)
		Quarter Ended								Year Ended
		December 31,								December 31,
		2007				2008				2007				2008
Interest Expense Detail
Amortization of Deferred Financing Cost		$	20			$	7			$	62			$	25
Capitalization of Interest Cost			(3	)			(2	)			(21	)			(12	)
Transition Bond Interest Expense			30				34				123				136
Other Interest Expense			118				117				462				453
Total Interest Expense		$	165			$	156			$	626			$	602

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(Millions of Dollars)
(Unaudited)

		December 31,				December 31,
		2007				2008
ASSETS
Current Assets:
Cash and cash equivalents		$	129			$	167
Other current assets			2,659				2,868
Total current assets			2,788				3,035
Property, Plant and Equipment, net			9,740				10,296
Other Assets:
Goodwill			1,696				1,696
Regulatory assets			2,993				3,684
Other non-current assets			655				965
Total other assets			5,344				6,345
Total Assets		$	17,872			$	19,676
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term borrowings		$	232			$	153
Current portion of transition bond long-term debt			159				208
Current portion of other long-term debt			1,156				125
Other current liabilities			2,244				2,362
Total current liabilities			3,791				2,848
Other Liabilities:
Accumulated deferred income taxes, net and investment tax credit			2,266				2,633
Regulatory liabilities			828				821
Other non-current liabilities			813				1,156
Total other liabilities			3,907				4,610
Long-term Debt:
Transition bond			2,101				2,381
Other			6,263				7,800
Total long-term debt			8,364				10,181
Shareholders’ Equity			1,810				2,037
Total Liabilities and Shareholders’ Equity		$	17,872			$	19,676

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Condensed Statements of Consolidated Cash Flows
(Millions of Dollars)
(Unaudited)

		Year Ended December 31,
		2007				2008
Cash Flows from Operating Activities:
Net income		$	399			$	447
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			696				736
Deferred income taxes			—				487
Write-down of natural gas inventory			11				30
Changes in net regulatory assets			81				(366	)
Changes in other assets and liabilities			(425	)			(450	)
Other, net			12				(33	)
Net Cash Provided by Operating Activities			774				851
Net Cash Used in Investing Activities			(1,300	)			(1,368	)
Net Cash Provided by Financing Activities			528				555
Net Increase in Cash and Cash Equivalents			2				38
Cash and Cash Equivalents at Beginning of Period			127				129
Cash and Cash Equivalents at End of Period		$	129			$	167

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Annual Report on Form 10-K of CenterPoint Energy, Inc.