Earnings Per Share - CMS Energy (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Basic and Diluted EPS Computations

Presented in the following table are CMS Energy’s basic and diluted EPS computations based on net income:

In Millions, Except Per Share Amounts
	Three Months Ended							Nine Months Ended
September 30	2020				2019			2020				2019
Income available to common stockholders
Net income		$	210			$	207		$	590			$	514
Less income (loss) attributable to noncontrolling interests		(8		)		—			(7		)		1
Net income available to common stockholders – basic and diluted		$	218			$	207		$	597			$	513
Average common shares outstanding
Weighted-average shares – basic		285.6				283.0			284.8				282.9
Add dilutive nonvested stock awards		0.8				0.8			0.9				0.8
Add dilutive forward equity sale contracts		0.5				0.8			0.6				0.5
Weighted-average shares – diluted		286.9				284.6			286.3				284.2
Net income per average common share available to common stockholders
Basic		$	0.76			$	0.73		$	2.10			$	1.81
Diluted		0.76				0.73			2.09				1.81