Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Schedule Of Carrying Amounts And Fair Values Of Financial Instruments

For information about assets and liabilities recorded at fair value and for additional details regarding the fair value hierarchy, see Note 4, Fair Value Measurements.


In Millions
	March 31, 2022															December 31, 2021
	Carrying Amount			Fair Value												Carrying Amount			Fair Value
				Total			Level												Total			Level
							1			2			3									1			2			3
CMS Energy, including Consumers
Assets
Long-term receivables1		$	13		$	13		$	—		$	—		$	13		$	14		$	14		$	—		$	—		$	14
Liabilities
Long-term debt2		12,418			12,510			1,140			9,578			1,792			12,419			13,800			1,189			10,656			1,955
Long-term payables3		9			9			—			—			9			31			32			—			—			32
Consumers
Assets
Long-term receivables1		$	13		$	13		$	—		$	—		$	13		$	14		$	14		$	—		$	—		$	14

Notes receivable – related party4		103			103			—			—			103			104			104			—			—			104
Liabilities
Long-term debt5		8,416			8,444			—			6,652			1,792			8,415			9,410			—			7,455			1,955

1Includes current portion of long-term accounts receivable of $8 million at March 31, 2022 and $9 million at December 31, 2021.

2Includes current portion of long-term debt of $373 million at March 31, 2022 and December 31, 2021.

3Includes current portion of long-term payables of $1 million at March 31, 2022 and $23 million at December 31, 2021.

4Includes current portion of notes receivable – related party of $7 million at March 31, 2022 and December 31, 2021.

5Includes current portion of long-term debt of $365 million at March 31, 2022 and December 31, 2021.

Consumers Energy Company

Financial Instruments [Line Items]