Earnings Per Share - CMS Energy (Tables)

9 Months Ended

Sep. 30, 2021

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 income from continuing operations:

In Millions, Except Per Share Amounts
	Three Months Ended						Nine Months Ended
September 30	2021			2020			2021			2020
Income available to common stockholders
Income from continuing operations		$	153		$	198		$	614		$	556
Less loss attributable to noncontrolling interests		(6)			(8)			(18)			(7)
Less preferred stock dividends		3			—			3			—
Income from continuing operations available to common stockholders – basic and diluted		$	156		$	206		$	629		$	563
Average common shares outstanding
Weighted-average shares – basic		289.1			285.6			288.9			284.8
Add dilutive nonvested stock awards		0.5			0.8			0.5			0.9
Add dilutive forward equity sale contracts		—			0.5			—			0.6
Weighted-average shares – diluted		289.6			286.9			289.4			286.3
Income from continuing operations per average common share available to common stockholders
Basic		$	0.54		$	0.72		$	2.18		$	1.98
Diluted		0.54			0.72			2.18			1.97