Earnings Per Share - CMS Energy (Tables)

6 Months Ended

Jun. 30, 2022

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						Six Months Ended
June 30	2022			2021			2022			2021
Income available to common stockholders
Income from continuing operations		$	142		$	153		$	483		$	461
Less loss attributable to noncontrolling interests		(6)			(5)			(14)			(12)
Less preferred stock dividends		3			—			5			—
Income from continuing operations available to common stockholders – basic and diluted		$	145		$	158		$	492		$	473
Average common shares outstanding
Weighted-average shares – basic		289.5			289.0			289.4			288.8
Add dilutive nonvested stock awards		0.4			0.4			0.4			0.5
Add dilutive forward equity sale contracts		0.2			—			0.2			—
Weighted-average shares – diluted		290.1			289.4			290.0			289.3
Income from continuing operations per average common share available to common stockholders
Basic		$	0.50		$	0.55		$	1.70		$	1.64
Diluted		0.50			0.55			1.70			1.64