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Reportable Segments
 9 Months Ended
Sep. 30, 2020
Segment Reporting Information [Line Items]  
Reportable Segments Reportable Segments
Reportable segments consist of business units defined by the products and services they offer. CMS Energy and Consumers evaluate the performance of each segment based on its contribution to net income available to CMS Energy’s common stockholders.
CMS Energy
The segments reported for CMS Energy are:
•
electric utility, consisting of regulated activities associated with the generation, purchase, transmission, distribution, and sale of electricity in Michigan
•
gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•
enterprises, consisting of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production
•
EnerBank, a Utah state-chartered, FDIC-insured industrial bank providing primarily unsecured, fixed-rate installment loans throughout the U.S. to finance home improvements
CMS Energy presents corporate interest and other expenses and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•
electric utility, consisting of regulated activities associated with the generation, purchase, transmission, distribution, and sale of electricity in Michigan
•
gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
Presented in the following tables is financial information by segment:
In Millions
 
 
Three Months Ended
 
Nine Months Ended
September 30
2020
 
2019
 
 
2020
 
2019
 
CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
Operating revenue
 
 
 
 
 
 
 
 
 
Electric utility
 
$
1,257

 
$
1,250

 
 
$
3,307

 
$
3,380

Gas utility
 
193

 
179

 
 
1,217

 
1,326

Enterprises
 
57

 
59

 
 
167

 
184

EnerBank
 
68

 
58

 
 
191

 
160

Total operating revenue – CMS Energy
 
$
1,575

 
$
1,546

 
 
$
4,882

 
$
5,050

Consumers
 
 
 
 
 
 
 
 
 
Operating revenue
 
 
 
 
 
 
 
 
 
Electric utility
 
$
1,257

 
$
1,250

 
 
$
3,307

 
$
3,380

Gas utility
 
193

 
179

 
 
1,217

 
1,326

Total operating revenue – Consumers
 
$
1,450

 
$
1,429

 
 
$
4,524

 
$
4,706

CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
Net income (loss) available to common stockholders
 


 


 
 
 
 
 
Electric utility
 
$
226

 
$
223

 
 
$
463

 
$
418

Gas utility
 
4

 
(10
)
 
 
162

 
119

Enterprises¹
 
13

 
7

 
 
34

 
30

EnerBank¹
 
12

 
11

 
 
34

 
32

Other reconciling items¹
 
(37
)
 
(24
)
 
 
(96
)
 
(86
)
Total net income available to common stockholders – CMS Energy
 
$
218

 
$
207

 
 
$
597

 
$
513

Consumers
 
 
 
 
 
 
 
 
 
Net income (loss) available to common stockholder
 
 
 
 
 
 
 
 
 
Electric utility
 
$
226

 
$
223

 
 
$
463

 
$
418

Gas utility
 
4

 
(10
)
 
 
162

 
119

Other reconciling items
 
—

 
—

 
 
(1
)
 
(1
)
Total net income available to common stockholder – Consumers
 
$
230

 
$
213

 
 
$
624

 
$
536

1 
Prior period amounts have been reclassified to reflect changes in segment reporting.
In Millions
 
 
September 30, 2020
 
December 31, 2019
 
CMS Energy, including Consumers
 
 
 
 
Plant, property, and equipment, gross
 
 
 
 
Electric utility¹
 
$
16,668

 
$
16,158

Gas utility¹
 
9,204

 
8,785

Enterprises
 
1,109

 
405

EnerBank
 
34

 
22

Other reconciling items
 
21

 
20

Total plant, property, and equipment, gross – CMS Energy
 
$
27,036

 
$
25,390

Consumers
 
 
 
 
Plant, property, and equipment, gross
 
 
 
 
Electric utility¹
 
$
16,668

 
$
16,158

Gas utility¹
 
9,204

 
8,785

Other reconciling items
 
21

 
20

Total plant, property, and equipment, gross – Consumers
 
$
25,893

 
$
24,963

CMS Energy, including Consumers
 
 
 
 
Total assets
 
 
 
 
Electric utility¹
 
$
15,556

 
$
14,911

Gas utility¹
 
9,148

 
8,659

Enterprises
 
1,250

 
527

EnerBank
 
3,125

 
2,692

Other reconciling items
 
201

 
48

Total assets – CMS Energy
 
$
29,280

 
$
26,837

Consumers
 
 
 
 
Total assets
 
 
 
 
Electric utility¹
 
$
15,621

 
$
14,973

Gas utility¹
 
9,196

 
8,706

Other reconciling items
 
19

 
20

Total assets – Consumers
 
$
24,836

 
$
23,699

1 
Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
Consumers Energy Company  
Segment Reporting Information [Line Items]  
Reportable Segments Reportable Segments
Reportable segments consist of business units defined by the products and services they offer. CMS Energy and Consumers evaluate the performance of each segment based on its contribution to net income available to CMS Energy’s common stockholders.
CMS Energy
The segments reported for CMS Energy are:
•
electric utility, consisting of regulated activities associated with the generation, purchase, transmission, distribution, and sale of electricity in Michigan
•
gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•
enterprises, consisting of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production
•
EnerBank, a Utah state-chartered, FDIC-insured industrial bank providing primarily unsecured, fixed-rate installment loans throughout the U.S. to finance home improvements
CMS Energy presents corporate interest and other expenses and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•
electric utility, consisting of regulated activities associated with the generation, purchase, transmission, distribution, and sale of electricity in Michigan
•
gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
Presented in the following tables is financial information by segment:
In Millions
 
 
Three Months Ended
 
Nine Months Ended
September 30
2020
 
2019
 
 
2020
 
2019
 
CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
Operating revenue
 
 
 
 
 
 
 
 
 
Electric utility
 
$
1,257

 
$
1,250

 
 
$
3,307

 
$
3,380

Gas utility
 
193

 
179

 
 
1,217

 
1,326

Enterprises
 
57

 
59

 
 
167

 
184

EnerBank
 
68

 
58

 
 
191

 
160

Total operating revenue – CMS Energy
 
$
1,575

 
$
1,546

 
 
$
4,882

 
$
5,050

Consumers
 
 
 
 
 
 
 
 
 
Operating revenue
 
 
 
 
 
 
 
 
 
Electric utility
 
$
1,257

 
$
1,250

 
 
$
3,307

 
$
3,380

Gas utility
 
193

 
179

 
 
1,217

 
1,326

Total operating revenue – Consumers
 
$
1,450

 
$
1,429

 
 
$
4,524

 
$
4,706

CMS Energy, including Consumers
 
 
 
 
 
 
 
 
 
Net income (loss) available to common stockholders
 


 


 
 
 
 
 
Electric utility
 
$
226

 
$
223

 
 
$
463

 
$
418

Gas utility
 
4

 
(10
)
 
 
162

 
119

Enterprises¹
 
13

 
7

 
 
34

 
30

EnerBank¹
 
12

 
11

 
 
34

 
32

Other reconciling items¹
 
(37
)
 
(24
)
 
 
(96
)
 
(86
)
Total net income available to common stockholders – CMS Energy
 
$
218

 
$
207

 
 
$
597

 
$
513

Consumers
 
 
 
 
 
 
 
 
 
Net income (loss) available to common stockholder
 
 
 
 
 
 
 
 
 
Electric utility
 
$
226

 
$
223

 
 
$
463

 
$
418

Gas utility
 
4

 
(10
)
 
 
162

 
119

Other reconciling items
 
—

 
—

 
 
(1
)
 
(1
)
Total net income available to common stockholder – Consumers
 
$
230

 
$
213

 
 
$
624

 
$
536

1 
Prior period amounts have been reclassified to reflect changes in segment reporting.
In Millions
 
 
September 30, 2020
 
December 31, 2019
 
CMS Energy, including Consumers
 
 
 
 
Plant, property, and equipment, gross
 
 
 
 
Electric utility¹
 
$
16,668

 
$
16,158

Gas utility¹
 
9,204

 
8,785

Enterprises
 
1,109

 
405

EnerBank
 
34

 
22

Other reconciling items
 
21

 
20

Total plant, property, and equipment, gross – CMS Energy
 
$
27,036

 
$
25,390

Consumers
 
 
 
 
Plant, property, and equipment, gross
 
 
 
 
Electric utility¹
 
$
16,668

 
$
16,158

Gas utility¹
 
9,204

 
8,785

Other reconciling items
 
21

 
20

Total plant, property, and equipment, gross – Consumers
 
$
25,893

 
$
24,963

CMS Energy, including Consumers
 
 
 
 
Total assets
 
 
 
 
Electric utility¹
 
$
15,556

 
$
14,911

Gas utility¹
 
9,148

 
8,659

Enterprises
 
1,250

 
527

EnerBank
 
3,125

 
2,692

Other reconciling items
 
201

 
48

Total assets – CMS Energy
 
$
29,280

 
$
26,837

Consumers
 
 
 
 
Total assets
 
 
 
 
Electric utility¹
 
$
15,621

 
$
14,973

Gas utility¹
 
9,196

 
8,706

Other reconciling items
 
19

 
20

Total assets – Consumers
 
$
24,836

 
$
23,699

1 
Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.