Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Revenue	$ 1,864	$ 2,059
Operating Expenses
Fuel for electric generation	103	142
Purchased power – related parties	18	18
Maintenance and other operating expenses	315	354
Depreciation and amortization	316	298
General taxes	114	106
Total operating expenses	1,496	1,700
Operating Income	368	359
Other Income (Expense)
Interest income	1	1
Interest and dividend income – related parties	7	0
Allowance for equity funds used during construction	1	2
Income (loss) from equity method investees	3	(1)
Nonoperating retirement benefits, net	31	23
Other income	0	1
Other expense	(4)	(3)
Total other income	39	23
Interest Charges
Interest on long-term debt	116	106
Interest expense – related parties	3	0
Other interest expense	19	16
Allowance for borrowed funds used during construction	(1)	(1)
Total interest charges	137	121
Income Before Income Taxes	270	261
Income Tax Expense	27	48
Net Income	$ 243	$ 213
Basic earnings per average common share (in dollars per share)	$ 0.86	$ 0.75
Diluted earnings per average common share (in dollars per share)	$ 0.85	$ 0.75
Consumers Energy Company
Operating Revenue	$ 1,744	$ 1,943
Operating Expenses
Fuel for electric generation	79	106
Purchased and interchange power	347	374
Purchased power – related parties	18	18
Cost of gas sold	270	401
Maintenance and other operating expenses	278	319
Depreciation and amortization	312	294
General taxes	111	103
Total operating expenses	1,415	1,615
Operating Income	329	328
Other Income (Expense)
Interest income	1	1
Interest and dividend income – related parties	1	1
Allowance for equity funds used during construction	1	2
Nonoperating retirement benefits, net	29	21
Other income	0	1
Other expense	(3)	(3)
Total other income	29	23
Interest Charges
Interest on long-term debt	74	69
Interest expense – related parties	3	0
Other interest expense	3	3
Allowance for borrowed funds used during construction	(1)	(1)
Total interest charges	79	71
Income Before Income Taxes	279	280
Income Tax Expense	44	54
Net Income	235	226
Purchased and interchange power
Operating Expenses
Cost of sales	357	378
Cost of gas sold
Operating Expenses
Cost of sales	$ 273	$ 404