Cash And Cash Equivalents

9 Months Ended

Sep. 30, 2019

Cash and Cash Equivalents [Line Items]

Cash And Cash Equivalents

Cash and Cash Equivalents

Presented in the following table are the components of total cash and cash equivalents, including restricted amounts, and their location on CMS Energy’s and Consumers’ consolidated balance sheets:

In Millions
	September 30, 2019			December 31, 2018
CMS Energy, including Consumers
Cash and cash equivalents		$	403		$	153
Restricted cash and cash equivalents		29			21
Other non-current assets		1			1
Cash and cash equivalents, including restricted amounts		$	433		$	175
Consumers
Cash and cash equivalents		$	259		$	39
Restricted cash and cash equivalents		25			17
Cash and cash equivalents, including restricted amounts		$	284		$	56

Cash and Cash Equivalents: Cash and cash equivalents include short‑term, highly liquid investments with original maturities of three months or less.

Restricted Cash and Cash Equivalents: Restricted cash and cash equivalents are held primarily for the repayment of securitization bonds and funds held in escrow. Cash and cash equivalents may also be restricted to pay other contractual obligations such as leasing of coal railcars. These amounts are classified as current assets since they relate to payments that could or will occur within one year.

Other Non‑current Assets: The cash equivalents classified as other non‑current assets represent an investment in a money market fund held in the DB SERP rabbi trust. See Note 5, Fair Value Measurements for more information regarding the DB SERP.

Consumers Energy Company

Cash and Cash Equivalents [Line Items]

Cash And Cash Equivalents

Cash and Cash Equivalents

Presented in the following table are the components of total cash and cash equivalents, including restricted amounts, and their location on CMS Energy’s and Consumers’ consolidated balance sheets:

In Millions
	September 30, 2019			December 31, 2018
CMS Energy, including Consumers
Cash and cash equivalents		$	403		$	153
Restricted cash and cash equivalents		29			21
Other non-current assets		1			1
Cash and cash equivalents, including restricted amounts		$	433		$	175
Consumers
Cash and cash equivalents		$	259		$	39
Restricted cash and cash equivalents		25			17
Cash and cash equivalents, including restricted amounts		$	284		$	56

Cash and Cash Equivalents: Cash and cash equivalents include short‑term, highly liquid investments with original maturities of three months or less.

Restricted Cash and Cash Equivalents: Restricted cash and cash equivalents are held primarily for the repayment of securitization bonds and funds held in escrow. Cash and cash equivalents may also be restricted to pay other contractual obligations such as leasing of coal railcars. These amounts are classified as current assets since they relate to payments that could or will occur within one year.

Other Non‑current Assets: The cash equivalents classified as other non‑current assets represent an investment in a money market fund held in the DB SERP rabbi trust. See Note 5, Fair Value Measurements for more information regarding the DB SERP.