Revenue (Tables)

9 Months Ended

Sep. 30, 2021

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Presented in the following tables are the components of operating revenue:

In Millions
Three Months Ended September 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,416		$	224		$	—		$	1,640
Other		—			—			31			31
Revenue recognized from contracts with customers		$	1,416		$	224		$	31		$	1,671
Leasing income		—			—			50			50
Financing income		2			1			—			3
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	1,419		$	225		$	81		$	1,725
Consumers
Consumers utility revenue
Residential		$	718		$	143					$	861
Commercial		456			36						492
Industrial		167			5						172
Other		75			40						115
Revenue recognized from contracts with customers		$	1,416		$	224					$	1,640
Financing income		2			1						3
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	1,419		$	225					$	1,644

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $35 million for the three months ended September 30, 2021.

In Millions
Three Months Ended September 30, 2020	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,255		$	192		$	—		$	1,447
Other		—			—			21			21
Revenue recognized from contracts with customers		$	1,255		$	192		$	21		$	1,468
Leasing income		—			—			36			36
Financing income		2			1			—			3
Total operating revenue – CMS Energy		$	1,257		$	193		$	57		$	1,507
Consumers
Consumers utility revenue
Residential		$	624		$	120					$	744
Commercial		413			27						440
Industrial		161			5						166
Other		57			40						97
Revenue recognized from contracts with customers		$	1,255		$	192					$	1,447
Financing income		2			1						3
Total operating revenue – Consumers		$	1,257		$	193					$	1,450

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $23 million for the three months ended September 30, 2020.

In Millions
Nine Months Ended September 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	3,705		$	1,357		$	—		$	5,062
Other		—			—			86			86
Revenue recognized from contracts with customers		$	3,705		$	1,357		$	86		$	5,148
Leasing income		—			—			136			136
Financing income		7			4			—			11
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	3,713		$	1,361		$	222		$	5,296
Consumers
Consumers utility revenue
Residential		$	1,847		$	917					$	2,764
Commercial		1,191			258						1,449
Industrial		458			36						494
Other		209			146						355
Revenue recognized from contracts with customers		$	3,705		$	1,357					$	5,062
Financing income		7			4						11
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	3,713		$	1,361					$	5,074

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $94 million for the nine months ended September 30, 2021.

In Millions
Nine Months Ended September 30, 2020	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	3,300		$	1,212		$	—		$	4,512
Other		—			—			57			57
Revenue recognized from contracts with customers		$	3,300		$	1,212		$	57		$	4,569
Leasing income		—			—			110			110
Financing income		7			5			—			12
Total operating revenue – CMS Energy		$	3,307		$	1,217		$	167		$	4,691
Consumers
Consumers utility revenue
Residential		$	1,612		$	819					$	2,431
Commercial		1,093			227						1,320
Industrial		427			32						459
Other		168			134						302
Revenue recognized from contracts with customers		$	3,300		$	1,212					$	4,512
Financing income		7			5						12
Total operating revenue – Consumers		$	3,307		$	1,217					$	4,524

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $69 million for the nine months ended September 30, 2020.

Consumers Energy Company

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Presented in the following tables are the components of operating revenue:

In Millions
Three Months Ended September 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,416		$	224		$	—		$	1,640
Other		—			—			31			31
Revenue recognized from contracts with customers		$	1,416		$	224		$	31		$	1,671
Leasing income		—			—			50			50
Financing income		2			1			—			3
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	1,419		$	225		$	81		$	1,725
Consumers
Consumers utility revenue
Residential		$	718		$	143					$	861
Commercial		456			36						492
Industrial		167			5						172
Other		75			40						115
Revenue recognized from contracts with customers		$	1,416		$	224					$	1,640
Financing income		2			1						3
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	1,419		$	225					$	1,644

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $35 million for the three months ended September 30, 2021.

In Millions
Three Months Ended September 30, 2020	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,255		$	192		$	—		$	1,447
Other		—			—			21			21
Revenue recognized from contracts with customers		$	1,255		$	192		$	21		$	1,468
Leasing income		—			—			36			36
Financing income		2			1			—			3
Total operating revenue – CMS Energy		$	1,257		$	193		$	57		$	1,507
Consumers
Consumers utility revenue
Residential		$	624		$	120					$	744
Commercial		413			27						440
Industrial		161			5						166
Other		57			40						97
Revenue recognized from contracts with customers		$	1,255		$	192					$	1,447
Financing income		2			1						3
Total operating revenue – Consumers		$	1,257		$	193					$	1,450

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $23 million for the three months ended September 30, 2020.

In Millions
Nine Months Ended September 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	3,705		$	1,357		$	—		$	5,062
Other		—			—			86			86
Revenue recognized from contracts with customers		$	3,705		$	1,357		$	86		$	5,148
Leasing income		—			—			136			136
Financing income		7			4			—			11
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	3,713		$	1,361		$	222		$	5,296
Consumers
Consumers utility revenue
Residential		$	1,847		$	917					$	2,764
Commercial		1,191			258						1,449
Industrial		458			36						494
Other		209			146						355
Revenue recognized from contracts with customers		$	3,705		$	1,357					$	5,062
Financing income		7			4						11
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	3,713		$	1,361					$	5,074

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $94 million for the nine months ended September 30, 2021.

In Millions
Nine Months Ended September 30, 2020	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	3,300		$	1,212		$	—		$	4,512
Other		—			—			57			57
Revenue recognized from contracts with customers		$	3,300		$	1,212		$	57		$	4,569
Leasing income		—			—			110			110
Financing income		7			5			—			12
Total operating revenue – CMS Energy		$	3,307		$	1,217		$	167		$	4,691
Consumers
Consumers utility revenue
Residential		$	1,612		$	819					$	2,431
Commercial		1,093			227						1,320
Industrial		427			32						459
Other		168			134						302
Revenue recognized from contracts with customers		$	3,300		$	1,212					$	4,512
Financing income		7			5						12
Total operating revenue – Consumers		$	3,307		$	1,217					$	4,524

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $69 million for the nine months ended September 30, 2020.