Revenue (Tables)

6 Months Ended

Jun. 30, 2022

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

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

In Millions
Three Months Ended June 30, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,322		$	468		$	—		$	1,790
Other		—			—			52			52
Revenue recognized from contracts with customers		$	1,322		$	468		$	52		$	1,842
Leasing income		—			—			66			66
Financing income		2			2			—			4
Consumers alternative-revenue programs		1			7			—			8
Total operating revenue – CMS Energy		$	1,325		$	477		$	118		$	1,920
Consumers
Consumers utility revenue
Residential		$	597		$	309					$	906
Commercial		420			99						519
Industrial		207			15						222
Other		98			45						143
Revenue recognized from contracts with customers		$	1,322		$	468					$	1,790
Financing income		2			2						4
Alternative-revenue programs		1			7						8
Total operating revenue – Consumers		$	1,325		$	477					$	1,802

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 $53 million for the three months ended June 30, 2022.

In Millions
Three Months Ended June 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,158		$	332		$	—		$	1,490
Other		—			—			25			25
Revenue recognized from contracts with customers		$	1,158		$	332		$	25		$	1,515
Leasing income		—			—			40			40
Financing income		2			1			—			3
Total operating revenue – CMS Energy		$	1,160		$	333		$	65		$	1,558
Consumers
Consumers utility revenue
Residential		$	561		$	220					$	781
Commercial		390			59						449
Industrial		153			8						161
Other		54			45						99
Revenue recognized from contracts with customers		$	1,158		$	332					$	1,490
Financing income		2			1						3
Total operating revenue – Consumers		$	1,160		$	333					$	1,493

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 $26 million for the three months ended June 30, 2021.

In Millions
Six Months Ended June 30, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	2,560		$	1,515		$	—		$	4,075
Other		—			—			85			85
Revenue recognized from contracts with customers		$	2,560		$	1,515		$	85		$	4,160
Leasing income		—			—			124			124
Financing income		5			4			—			9
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	2,566		$	1,519		$	209		$	4,294
Consumers
Consumers utility revenue
Residential		$	1,188		$	1,049					$	2,237
Commercial		804			320						1,124
Industrial		375			43						418
Other		193			103						296
Revenue recognized from contracts with customers		$	2,560		$	1,515					$	4,075
Financing income		5			4						9
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	2,566		$	1,519					$	4,085

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 $97 million for the six months ended June 30, 2022.

In Millions
Six Months Ended June 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	2,289		$	1,133		$	—		$	3,422
Other		—			—			55			55
Revenue recognized from contracts with customers		$	2,289		$	1,133		$	55		$	3,477
Leasing income		—			—			86			86
Financing income		5			3			—			8
Total operating revenue – CMS Energy		$	2,294		$	1,136		$	141		$	3,571
Consumers
Consumers utility revenue
Residential		$	1,129		$	774					$	1,903
Commercial		735			222						957
Industrial		291			31						322
Other		134			106						240
Revenue recognized from contracts with customers		$	2,289		$	1,133					$	3,422
Financing income		5			3						8
Total operating revenue – Consumers		$	2,294		$	1,136					$	3,430

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 $59 million for the six months ended June 30, 2021.

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 June 30, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,322		$	468		$	—		$	1,790
Other		—			—			52			52
Revenue recognized from contracts with customers		$	1,322		$	468		$	52		$	1,842
Leasing income		—			—			66			66
Financing income		2			2			—			4
Consumers alternative-revenue programs		1			7			—			8
Total operating revenue – CMS Energy		$	1,325		$	477		$	118		$	1,920
Consumers
Consumers utility revenue
Residential		$	597		$	309					$	906
Commercial		420			99						519
Industrial		207			15						222
Other		98			45						143
Revenue recognized from contracts with customers		$	1,322		$	468					$	1,790
Financing income		2			2						4
Alternative-revenue programs		1			7						8
Total operating revenue – Consumers		$	1,325		$	477					$	1,802

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 $53 million for the three months ended June 30, 2022.

In Millions
Three Months Ended June 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,158		$	332		$	—		$	1,490
Other		—			—			25			25
Revenue recognized from contracts with customers		$	1,158		$	332		$	25		$	1,515
Leasing income		—			—			40			40
Financing income		2			1			—			3
Total operating revenue – CMS Energy		$	1,160		$	333		$	65		$	1,558
Consumers
Consumers utility revenue
Residential		$	561		$	220					$	781
Commercial		390			59						449
Industrial		153			8						161
Other		54			45						99
Revenue recognized from contracts with customers		$	1,158		$	332					$	1,490
Financing income		2			1						3
Total operating revenue – Consumers		$	1,160		$	333					$	1,493

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 $26 million for the three months ended June 30, 2021.

In Millions
Six Months Ended June 30, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	2,560		$	1,515		$	—		$	4,075
Other		—			—			85			85
Revenue recognized from contracts with customers		$	2,560		$	1,515		$	85		$	4,160
Leasing income		—			—			124			124
Financing income		5			4			—			9
Consumers alternative-revenue programs		1			—			—			1
Total operating revenue – CMS Energy		$	2,566		$	1,519		$	209		$	4,294
Consumers
Consumers utility revenue
Residential		$	1,188		$	1,049					$	2,237
Commercial		804			320						1,124
Industrial		375			43						418
Other		193			103						296
Revenue recognized from contracts with customers		$	2,560		$	1,515					$	4,075
Financing income		5			4						9
Alternative-revenue programs		1			—						1
Total operating revenue – Consumers		$	2,566		$	1,519					$	4,085

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 $97 million for the six months ended June 30, 2022.

In Millions
Six Months Ended June 30, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	2,289		$	1,133		$	—		$	3,422
Other		—			—			55			55
Revenue recognized from contracts with customers		$	2,289		$	1,133		$	55		$	3,477
Leasing income		—			—			86			86
Financing income		5			3			—			8
Total operating revenue – CMS Energy		$	2,294		$	1,136		$	141		$	3,571
Consumers
Consumers utility revenue
Residential		$	1,129		$	774					$	1,903
Commercial		735			222						957
Industrial		291			31						322
Other		134			106						240
Revenue recognized from contracts with customers		$	2,289		$	1,133					$	3,422
Financing income		5			3						8
Total operating revenue – Consumers		$	2,294		$	1,136					$	3,430

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 $59 million for the six months ended June 30, 2021.