XML 69 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Contingencies And Commitments (Tables)
12 Months Ended
Dec. 31, 2018
Site Contingency [Line Items]  
Guarantees
Presented in the following table are CMS Energy’s and Consumers’ guarantees at December 31, 2018:
In Millions
 
Guarantee Description
Issue Date
Expiration Date
Maximum Obligation
 
Carrying Amount
 
CMS Energy, including Consumers
 
 
 
 
 
 
Indemnity obligations from stock and asset sale agreements1
various
indefinite
 
$
153

 
$
3

Guarantees2
various
indefinite
 
39

 

Consumers
 
 
 
 
 
 
Guarantee2
July 2011
indefinite
 
$
30

 
$


1 
These obligations arose from stock and asset sale agreements under which CMS Energy or a subsidiary of CMS Energy indemnified the purchaser for losses resulting from various matters, primarily claims related to taxes. CMS Energy believes the likelihood of material loss to be remote for the indemnity obligations not recorded as liabilities.
2 
At Consumers, this obligation comprises a guarantee provided to the U.S. Department of Energy in connection with a settlement agreement regarding damages resulting from the department’s failure to accept spent nuclear fuel from nuclear power plants formerly owned by Consumers. At CMS Energy, the guarantee obligations comprise Consumers’ guarantee to the U.S. Department of Energy and CMS Energy’s 1994 guarantee of non‑recourse revenue bonds issued by Genesee. For additional details on this guarantee, see Note 21, Variable Interest Entities.
Purchase Obligations
Presented in the following table are CMS Energy’s and Consumers’ contractual purchase obligations at December 31, 2018 for each of the periods shown:
In Millions
 
 
Payments Due
 
Total
 
2019
 
2020
 
2021
 
2022
 
2023
 
Beyond 2023
 
CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
 
 
 
Total PPAs
 
$
9,930

 
$
1,049

 
$
1,051

 
$
1,043

 
$
744

 
$
638

 
$
5,405

Other
 
2,341

 
1,276

 
405

 
163

 
137

 
117

 
243

Consumers
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PPAs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MCV PPA
 
$
3,880

 
$
330

 
$
318

 
$
289

 
$
275

 
$
279

 
$
2,389

Palisades PPA
 
1,280

 
378

 
388

 
400

 
114

 

 

Related-party PPAs
 
692

 
85

 
85

 
86

 
86

 
87

 
263

Other PPAs
 
4,078

 
256

 
260

 
268

 
269

 
272

 
2,753

Total PPAs
 
$
9,930

 
$
1,049

 
$
1,051

 
$
1,043

 
$
744

 
$
638

 
$
5,405

Other
 
2,075

 
1,237

 
373

 
148

 
124

 
103

 
90

Consumers Energy Company  
Site Contingency [Line Items]  
Guarantees
Presented in the following table are CMS Energy’s and Consumers’ guarantees at December 31, 2018:
In Millions
 
Guarantee Description
Issue Date
Expiration Date
Maximum Obligation
 
Carrying Amount
 
CMS Energy, including Consumers
 
 
 
 
 
 
Indemnity obligations from stock and asset sale agreements1
various
indefinite
 
$
153

 
$
3

Guarantees2
various
indefinite
 
39

 

Consumers
 
 
 
 
 
 
Guarantee2
July 2011
indefinite
 
$
30

 
$


1 
These obligations arose from stock and asset sale agreements under which CMS Energy or a subsidiary of CMS Energy indemnified the purchaser for losses resulting from various matters, primarily claims related to taxes. CMS Energy believes the likelihood of material loss to be remote for the indemnity obligations not recorded as liabilities.
2 
At Consumers, this obligation comprises a guarantee provided to the U.S. Department of Energy in connection with a settlement agreement regarding damages resulting from the department’s failure to accept spent nuclear fuel from nuclear power plants formerly owned by Consumers. At CMS Energy, the guarantee obligations comprise Consumers’ guarantee to the U.S. Department of Energy and CMS Energy’s 1994 guarantee of non‑recourse revenue bonds issued by Genesee. For additional details on this guarantee, see Note 21, Variable Interest Entities.
Purchase Obligations
Presented in the following table are CMS Energy’s and Consumers’ contractual purchase obligations at December 31, 2018 for each of the periods shown:
In Millions
 
 
Payments Due
 
Total
 
2019
 
2020
 
2021
 
2022
 
2023
 
Beyond 2023
 
CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
 
 
 
Total PPAs
 
$
9,930

 
$
1,049

 
$
1,051

 
$
1,043

 
$
744

 
$
638

 
$
5,405

Other
 
2,341

 
1,276

 
405

 
163

 
137

 
117

 
243

Consumers
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PPAs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MCV PPA
 
$
3,880

 
$
330

 
$
318

 
$
289

 
$
275

 
$
279

 
$
2,389

Palisades PPA
 
1,280

 
378

 
388

 
400

 
114

 

 

Related-party PPAs
 
692

 
85

 
85

 
86

 
86

 
87

 
263

Other PPAs
 
4,078

 
256

 
260

 
268

 
269

 
272

 
2,753

Total PPAs
 
$
9,930

 
$
1,049

 
$
1,051

 
$
1,043

 
$
744

 
$
638

 
$
5,405

Other
 
2,075

 
1,237

 
373

 
148

 
124

 
103

 
90

Manufactured Gas Plant | Consumers Energy Company  
Site Contingency [Line Items]  
Expected Remediation Costs By Year
Consumers expects to pay the following amounts for remediation and other response activity costs in each of the next five years:
In Millions
 
 
2019
 
2020
 
2021
 
2022
 
2023
 
Consumers
 
 
 
 
 
 
 
 
 
 
Remediation and other response activity costs
 
$
12

 
$
16

 
$
21

 
$
7

 
$
2

Bay Harbor  
Site Contingency [Line Items]  
Expected Remediation Costs By Year
The undiscounted amount of the remaining obligation is $58 million. CMS Energy expects to pay the following amounts for long-term liquid disposal and operating and maintenance costs in each of the next five years:
In Millions
 
 
2019
 
2020
 
2021
 
2022
 
2023
 
CMS Energy
 
 
 
 
 
 
 
 
 
 
Long-term liquid disposal and operating and maintenance costs
 
$
4

 
$
4

 
$
4

 
$
4

 
$
4