Consumers Energy Company Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Revenue	$ 2,374	$ 2,013
Operating Expenses
Operating Income	456	430
Other Income (Expense)
Interest income	1	1
Allowance for equity funds used during construction	2	1
Non-operating retirement benefits, net	48	41
Other income	1	1
Other expense	(4)	(2)
Total other income	48	44
Interest Charges
Interest on long-term debt	121	119
Interest expense – related parties	3	3
Other interest expense	1	3
Allowance for borrowed funds used during construction	(1)	(1)
Total interest charges	124	124
Income Before Income Taxes	380	350
Income Tax Expense	39	42
Net Income Available to Common Stockholders	351	349
Consumers Energy Company
Operating Revenue	2,283	1,937
Operating Expenses
Fuel for electric generation	124	106
Purchased and interchange power	437	367
Purchased power – related parties	17	18
Cost of gas sold	465	278
Maintenance and other operating expenses	313	292
Depreciation and amortization	336	329
General taxes	129	118
Total operating expenses	1,821	1,508
Operating Income	462	429
Other Income (Expense)
Interest income	1	1
Interest and dividend income – related parties	1	1
Allowance for equity funds used during construction	2	1
Non-operating retirement benefits, net	45	38
Other income	0	1
Other expense	(3)	(2)
Total other income	46	40
Interest Charges
Interest on long-term debt	75	73
Interest expense – related parties	3	3
Other interest expense	1	2
Allowance for borrowed funds used during construction	(1)	(1)
Total interest charges	78	77
Income Before Income Taxes	430	392
Income Tax Expense	47	56
Net Income Available to Common Stockholders	$ 383	$ 336