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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities    
Net income $ 213 $ 241
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 298 279
Deferred income taxes and investment tax credit 43 37
Other non-cash operating activities and reconciling adjustments 16 10
Cash provided by (used in) changes in assets and liabilities    
Accounts and notes receivable and accrued revenue (61) 7
Inventories 209 228
Accounts payable and accrued rate refunds (89) (92)
Other current and non-current assets and liabilities (12) (2)
Net cash provided by operating activities 617 708
Cash Flows from Investing Activities    
Capital expenditures (excludes assets placed under finance lease) (481) (422)
Increase in EnerBank notes receivable (46) (5)
Purchase of notes receivable by EnerBank (121) 0
Cost to retire property and other investing activities (27) (29)
Net cash used in investing activities (675) (456)
Cash Flows from Financing Activities    
Proceeds from issuance of debt 993 250
Retirement of debt (790) (180)
Increase (decrease) in EnerBank certificates of deposit 151 (9)
Decrease in notes payable (67) (170)
Issuance of common stock 3 3
Payment of dividends on common stock (108) (101)
Payment of finance lease obligations and other financing costs (32) (22)
Net cash provided by (used in) financing activities 150 (229)
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts 92 23
Cash and Cash Equivalents, Including Restricted Amounts, Beginning of Period 175 204
Cash and Cash Equivalents, Including Restricted Amounts, End of Period 267 227
Non-cash transactions    
Capital expenditures not paid 99 102
Consumers Energy Company    
Cash Flows from Operating Activities    
Net income 226 242
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 294 277
Deferred income taxes and investment tax credit 17 3
Other non-cash operating activities and reconciling adjustments 2 7
Cash provided by (used in) changes in assets and liabilities    
Accounts and notes receivable and accrued revenue (59) 5
Inventories 204 226
Accounts payable and accrued rate refunds (80) (88)
Other current and non-current assets and liabilities 15 48
Net cash provided by operating activities 619 720
Cash Flows from Investing Activities    
Capital expenditures (excludes assets placed under finance lease) (476) (414)
Cost to retire property and other investing activities (26) (30)
Net cash used in investing activities (502) (444)
Cash Flows from Financing Activities    
Retirement of debt (215) 0
Decrease in notes payable (67) (170)
Stockholder contribution 350 100
Payment of dividends on common stock (172) (119)
Payment of finance lease obligations and other financing costs (5) (6)
Net cash provided by (used in) financing activities (109) (195)
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts 8 81
Cash and Cash Equivalents, Including Restricted Amounts, Beginning of Period 56 65
Cash and Cash Equivalents, Including Restricted Amounts, End of Period 64 146
Non-cash transactions    
Capital expenditures not paid $ 85 $ 90