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Reportable Segments
 6 Months Ended
Jun. 30, 2022
Segment Reporting Information [Line Items]  
Reportable Segments Reportable SegmentsReportable segments consist of business units defined by the products and services they offer. CMS Energy and Consumers evaluate the performance of each segment based on its contribution to net income available to CMS Energy’s common stockholders.
CMS Energy
The segments reported for CMS Energy are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•enterprises, consisting of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production
On October 1, 2021, EnerBank was acquired by Regions Bank. As a result, EnerBank was removed from the composition of CMS Energy’s reportable segments. EnerBank’s results of operations through the date of the sale are presented as income from discontinued operations on CMS Energy’s consolidated statements of income. For information regarding the sale of EnerBank, see Note 13, Exit Activities and Discontinued Operations.
CMS Energy presents corporate interest and other expenses, discontinued operations, and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
Presented in the following tables is financial information by segment:
In Millions
Three Months EndedSix Months Ended
June 302022202120222021
CMS Energy, including Consumers
Operating revenue
Electric utility$1,325 $1,160 $2,566 $2,294 
Gas utility477 333 1,519 1,136 
Enterprises118 65 209 141 
Total operating revenue – CMS Energy$1,920 $1,558 $4,294 $3,571 
Consumers
Operating revenue
Electric utility$1,325 $1,160 $2,566 $2,294 
Gas utility477 333 1,519 1,136 
Total operating revenue – Consumers$1,802 $1,493 $4,085 $3,430 
CMS Energy, including Consumers
Net income (loss) available to common stockholders
Electric utility$140 $154 $307 $309 
Gas utility36 36 252 217 
Enterprises7 5 15 19 
Other reconciling items(38)(19)(78)(20)
Total net income available to common stockholders – CMS Energy$145 $176 $496 $525 
Consumers
Net income (loss) available to common stockholder
Electric utility$140 $154 $307 $309 
Gas utility36 36 252 217 
Other reconciling items(4)(1)(4)(1)
Total net income available to common stockholder – Consumers$172 $189 $555 $525 
In Millions
June 30, 2022December 31, 2021
CMS Energy, including Consumers
Plant, property, and equipment, gross
Electric utility1
$17,333 $18,147 
Gas utility1
10,946 10,601 
Enterprises1,122 1,122 
Other reconciling items25 23 
Total plant, property, and equipment, gross – CMS Energy$29,426 $29,893 
Consumers
Plant, property, and equipment, gross
Electric utility1
$17,333 $18,147 
Gas utility1
10,946 10,601 
Other reconciling items25 23 
Total plant, property, and equipment, gross – Consumers$28,304 $28,771 
CMS Energy, including Consumers
Total assets
Electric utility1
$16,860 $16,493 
Gas utility1
10,725 10,517 
Enterprises1,387 1,312 
Other reconciling items68 431 
Total assets – CMS Energy$29,040 $28,753 
Consumers
Total assets
Electric utility1
$16,922 $16,555 
Gas utility1
10,771 10,564 
Other reconciling items22 21 
Total assets – Consumers$27,715 $27,140 
1Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
Consumers Energy Company  
Segment Reporting Information [Line Items]  
Reportable Segments Reportable SegmentsReportable segments consist of business units defined by the products and services they offer. CMS Energy and Consumers evaluate the performance of each segment based on its contribution to net income available to CMS Energy’s common stockholders.
CMS Energy
The segments reported for CMS Energy are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•enterprises, consisting of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production
On October 1, 2021, EnerBank was acquired by Regions Bank. As a result, EnerBank was removed from the composition of CMS Energy’s reportable segments. EnerBank’s results of operations through the date of the sale are presented as income from discontinued operations on CMS Energy’s consolidated statements of income. For information regarding the sale of EnerBank, see Note 13, Exit Activities and Discontinued Operations.
CMS Energy presents corporate interest and other expenses, discontinued operations, and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
Presented in the following tables is financial information by segment:
In Millions
Three Months EndedSix Months Ended
June 302022202120222021
CMS Energy, including Consumers
Operating revenue
Electric utility$1,325 $1,160 $2,566 $2,294 
Gas utility477 333 1,519 1,136 
Enterprises118 65 209 141 
Total operating revenue – CMS Energy$1,920 $1,558 $4,294 $3,571 
Consumers
Operating revenue
Electric utility$1,325 $1,160 $2,566 $2,294 
Gas utility477 333 1,519 1,136 
Total operating revenue – Consumers$1,802 $1,493 $4,085 $3,430 
CMS Energy, including Consumers
Net income (loss) available to common stockholders
Electric utility$140 $154 $307 $309 
Gas utility36 36 252 217 
Enterprises7 5 15 19 
Other reconciling items(38)(19)(78)(20)
Total net income available to common stockholders – CMS Energy$145 $176 $496 $525 
Consumers
Net income (loss) available to common stockholder
Electric utility$140 $154 $307 $309 
Gas utility36 36 252 217 
Other reconciling items(4)(1)(4)(1)
Total net income available to common stockholder – Consumers$172 $189 $555 $525 
In Millions
June 30, 2022December 31, 2021
CMS Energy, including Consumers
Plant, property, and equipment, gross
Electric utility1
$17,333 $18,147 
Gas utility1
10,946 10,601 
Enterprises1,122 1,122 
Other reconciling items25 23 
Total plant, property, and equipment, gross – CMS Energy$29,426 $29,893 
Consumers
Plant, property, and equipment, gross
Electric utility1
$17,333 $18,147 
Gas utility1
10,946 10,601 
Other reconciling items25 23 
Total plant, property, and equipment, gross – Consumers$28,304 $28,771 
CMS Energy, including Consumers
Total assets
Electric utility1
$16,860 $16,493 
Gas utility1
10,725 10,517 
Enterprises1,387 1,312 
Other reconciling items68 431 
Total assets – CMS Energy$29,040 $28,753 
Consumers
Total assets
Electric utility1
$16,922 $16,555 
Gas utility1
10,771 10,564 
Other reconciling items22 21 
Total assets – Consumers$27,715 $27,140 
1Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.