Notes Receivable (Tables)

9 Months Ended

Sep. 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
	September 30, 2020			December 31, 2019
CMS Energy, including Consumers
Current
EnerBank notes receivable, net of allowance for loan losses		$	272		$	242
Non‑current
EnerBank notes receivable, net of allowance for loan losses		2,635			2,258
Total notes receivable		$	2,907		$	2,500
Consumers
Current
DB SERP note receivable – related party		$	7		$	7
Non‑current
DB SERP note receivable – related party		101			96
Total notes receivable		$	108		$	103

Financing Receivable, Allowance for Credit Loss

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

In Millions
September 30, 2020	Three Months Ended				Nine Months Ended
Balance at beginning of period		$	104			$	33
Effects of new accounting standard¹		—				62
Provisions for loan losses		19				45
Charge-offs		(9		)		(29		)
Recoveries		2				5
Balance at end of period		$	116			$	116

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
	September 30, 2020			December 31, 2019
CMS Energy, including Consumers
Current
EnerBank notes receivable, net of allowance for loan losses		$	272		$	242
Non‑current
EnerBank notes receivable, net of allowance for loan losses		2,635			2,258
Total notes receivable		$	2,907		$	2,500
Consumers
Current
DB SERP note receivable – related party		$	7		$	7
Non‑current
DB SERP note receivable – related party		101			96
Total notes receivable		$	108		$	103