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CMS Energy Corporation Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 77 $ 452
Restricted cash and cash equivalents 19 24
Accounts receivable and accrued revenue 991 931
Accounts receivable – related parties 13 12
Inventories at average cost    
Gas in underground storage 606 462
Materials and supplies 184 168
Generating plant fuel stock 55 37
Deferred property taxes 258 356
Regulatory assets 23 46
Prepayments and other current assets 167 139
Total current assets 2,393 2,627
Plant, Property, and Equipment    
Plant, property, and equipment, gross 29,426 29,893
Less accumulated depreciation and amortization 8,711 8,502
Plant, property, and equipment, net 20,715 21,391
Construction work in progress 912 961
Total plant, property, and equipment 21,627 22,352
Other Non‑current Assets    
Regulatory assets 3,367 2,259
Accounts receivable 29 30
Investments 69 71
Other 1,555 1,414
Total other non‑current assets 5,020 3,774
Total Assets 29,040 28,753
Current Liabilities    
Current portion of long-term debt, finance leases, and other financing 674 382
Notes payable 45 0
Accounts payable 906 875
Accounts payable – related parties 8 11
Accrued rate refunds 0 12
Accrued interest 107 107
Accrued taxes 392 515
Regulatory liabilities 76 146
Other current liabilities 181 156
Total current liabilities 2,389 2,204
Non‑current Liabilities    
Long-term debt 11,667 12,046
Non-current portion of finance leases and other financing 44 46
Regulatory liabilities 3,873 3,802
Postretirement benefits 137 142
Asset retirement obligations 620 628
Deferred investment tax credit 131 112
Deferred income taxes 2,326 2,210
Other non‑current liabilities 382 375
Total non‑current liabilities 19,180 19,361
Commitments and Contingencies
Common stockholders’ equity    
Common stock 3 3
Other paid-in capital 5,417 5,406
Accumulated other comprehensive loss (52) (59)
Retained earnings 1,286 1,057
Total common stockholders’ equity 6,654 6,407
Cumulative preferred stock 224 224
Total stockholders’ equity 6,878 6,631
Noncontrolling interests 593 557
Total equity 7,471 7,188
Total Liabilities and Equity $ 29,040 $ 28,753