Notes Receivable (Tables)

6 Months Ended

Jun. 30, 2020

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule Of Current And Non-Current Notes Receivable

Presented in the following table are details of CMS Energy’s and Consumers’ current and non‑current notes receivable:

In Millions
	June 30, 2020			December 31, 2019
CMS Energy, including Consumers
Current
EnerBank notes receivable, net of allowance for loan losses		$	264		$	242
Non‑current
EnerBank notes receivable, net of allowance for loan losses		2,333			2,258
Total notes receivable		$	2,597		$	2,500
Consumers
Current
DB SERP note receivable – related party		$	7		$	7
Non‑current
DB SERP note receivable – related party		96			96
Total notes receivable		$	103		$	103

Financing Receivable, Allowance for Credit Loss

Presented in the following table are the changes in the allowance for loan losses:

In Millions
June 30, 2020	Three Months Ended				Six Months Ended
Balance at beginning of period		$	99			$	33
Effects of new accounting standard¹		—				62
Provisions for loan losses		13				26
Charge-offs		(9		)		(20		)
Recoveries		1				3
Balance at end of period		$	104			$	104

¹ 

The allowance for loan losses at December 31, 2019 reflected expected credit losses over a 12-month period. On January 1, 2020, in accordance with ASU 2016-13, Measurement of Credit Losses on Financial Instruments, the allowance for loan losses was adjusted to reflect expected credit losses over the life of the loan. Additionally, EnerBank recorded $3 million for expected credit losses related to unfunded loan commitments. For further details, see Note 1, New Accounting Standards.

Consumers Energy Company

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule Of Current And Non-Current Notes Receivable

Presented in the following table are details of CMS Energy’s and Consumers’ current and non‑current notes receivable:

In Millions
	June 30, 2020			December 31, 2019
CMS Energy, including Consumers
Current
EnerBank notes receivable, net of allowance for loan losses		$	264		$	242
Non‑current
EnerBank notes receivable, net of allowance for loan losses		2,333			2,258
Total notes receivable		$	2,597		$	2,500
Consumers
Current
DB SERP note receivable – related party		$	7		$	7
Non‑current
DB SERP note receivable – related party		96			96
Total notes receivable		$	103		$	103