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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net income $ 381 $ 292
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 483 459
Deferred income taxes and investment tax credit 60 132
Other non-cash operating activities and reconciling adjustments 22 47
Cash provided by (used in) changes in assets and liabilities    
Accounts and notes receivable and accrued revenue 298 154
Inventories 101 44
Accounts payable and accrued refunds (41) 37
Other current and non-current assets and liabilities 112 (46)
Net cash provided by operating activities 1,416 1,119
Cash Flows from Investing Activities    
Capital expenditures (excludes assets placed under capital lease) (872) (746)
Increase in EnerBank notes receivable (80) (25)
Proceeds from the sale of EnerBank notes receivable 0 19
Cost to retire property and other investing activities (56) (54)
Net cash used in investing activities (1,008) (806)
Cash Flows from Financing Activities    
Proceeds from issuance of debt 794 923
Retirement of debt (660) (488)
Increase (decrease) in EnerBank certificates of deposit 136  
Increase (decrease) in EnerBank certificates of deposit   (27)
Decrease in notes payable (170) (398)
Issuance of common stock 36 76
Payment of dividends on common and preferred stock (204) (188)
Payment of capital lease obligations and other financing costs (43) (27)
Net cash used in financing activities (111) (129)
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts 297 184
Cash and Cash Equivalents, Including Restricted Amounts, Beginning of Period 204 257
Cash and Cash Equivalents, Including Restricted Amounts, End of Period 501 441
Non-cash transactions    
Capital expenditures not paid 140 146
Consumers Energy Company    
Cash Flows from Operating Activities    
Net income 394 315
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 478 455
Deferred income taxes and investment tax credit 35 157
Other non-cash operating activities and reconciling adjustments 15 44
Cash provided by (used in) changes in assets and liabilities    
Accounts and notes receivable and accrued revenue 172 158
Inventories 98 43
Accounts payable and accrued refunds (34) 38
Other current and non-current assets and liabilities (60) (85)
Net cash provided by operating activities 1,098 1,125
Cash Flows from Investing Activities    
Capital expenditures (excludes assets placed under capital lease) (859) (741)
Cost to retire property and other investing activities (55) (61)
Net cash used in investing activities (914) (802)
Cash Flows from Financing Activities    
Proceeds from issuance of debt 544 349
Retirement of debt (330) (263)
Decrease in notes payable (170) (398)
Stockholder contribution 250 450
Payment of dividends on common and preferred stock (246) (237)
Payment of capital lease obligations and other financing costs (21) (12)
Net cash used in financing activities 27 (111)
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts 211 212
Cash and Cash Equivalents, Including Restricted Amounts, Beginning of Period 65 152
Cash and Cash Equivalents, Including Restricted Amounts, End of Period 276 364
Non-cash transactions    
Capital expenditures not paid $ 116 $ 133