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Reportable Segments
 9 Months Ended
Sep. 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
•NorthStar Clean Energy (formerly known as the enterprises segment), 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
In August 2022, CMS Enterprises Company changed its legal name to NorthStar Clean Energy Company. To align the segment reporting with the legal organizational structure and the internal reporting of CMS Energy, the enterprises segment will now be referred to as NorthStar Clean Energy. There were no changes to CMS Energy’s reportable segment composition as a result of this name change.
In October 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 14, 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 EndedNine Months Ended
September 302022202120222021
CMS Energy, including Consumers
Operating revenue
Electric utility$1,594 $1,419 $4,160 $3,713 
Gas utility292 225 1,811 1,361 
NorthStar Clean Energy138 81 347 222 
Total operating revenue – CMS Energy$2,024 $1,725 $6,318 $5,296 
Consumers
Operating revenue
Electric utility$1,594 $1,419 $4,160 $3,713 
Gas utility292 225 1,811 1,361 
Total operating revenue – Consumers$1,886 $1,644 $5,971 $5,074 
CMS Energy, including Consumers
Net income (loss) available to common stockholders
Electric utility$194 $195 $501 $504 
Gas utility(13)(9)239 208 
NorthStar Clean Energy11 7 26 26 
Other reconciling items(29)(7)(107)(27)
Total net income available to common stockholders – CMS Energy$163 $186 $659 $711 
Consumers
Net income (loss) available to common stockholder
Electric utility$194 $195 $501 $504 
Gas utility(13)(9)239 208 
Other reconciling items8 — 4 (1)
Total net income available to common stockholder – Consumers$189 $186 $744 $711 
In Millions
September 30, 2022December 31, 2021
CMS Energy, including Consumers
Plant, property, and equipment, gross
Electric utility1
$17,720 $18,147 
Gas utility1
11,233 10,601 
NorthStar Clean Energy1,146 1,122 
Other reconciling items26 23 
Total plant, property, and equipment, gross – CMS Energy$30,125 $29,893 
Consumers
Plant, property, and equipment, gross
Electric utility1
$17,720 $18,147 
Gas utility1
11,233 10,601 
Other reconciling items25 23 
Total plant, property, and equipment, gross – Consumers$28,978 $28,771 
CMS Energy, including Consumers
Total assets
Electric utility1
$17,362 $16,493 
Gas utility1
11,499 10,517 
NorthStar Clean Energy1,434 1,312 
Other reconciling items77 431 
Total assets – CMS Energy$30,372 $28,753 
Consumers
Total assets
Electric utility1
$17,423 $16,555 
Gas utility1
11,545 10,564 
Other reconciling items24 21 
Total assets – Consumers$28,992 $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
•NorthStar Clean Energy (formerly known as the enterprises segment), 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
In August 2022, CMS Enterprises Company changed its legal name to NorthStar Clean Energy Company. To align the segment reporting with the legal organizational structure and the internal reporting of CMS Energy, the enterprises segment will now be referred to as NorthStar Clean Energy. There were no changes to CMS Energy’s reportable segment composition as a result of this name change.
In October 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 14, 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 EndedNine Months Ended
September 302022202120222021
CMS Energy, including Consumers
Operating revenue
Electric utility$1,594 $1,419 $4,160 $3,713 
Gas utility292 225 1,811 1,361 
NorthStar Clean Energy138 81 347 222 
Total operating revenue – CMS Energy$2,024 $1,725 $6,318 $5,296 
Consumers
Operating revenue
Electric utility$1,594 $1,419 $4,160 $3,713 
Gas utility292 225 1,811 1,361 
Total operating revenue – Consumers$1,886 $1,644 $5,971 $5,074 
CMS Energy, including Consumers
Net income (loss) available to common stockholders
Electric utility$194 $195 $501 $504 
Gas utility(13)(9)239 208 
NorthStar Clean Energy11 7 26 26 
Other reconciling items(29)(7)(107)(27)
Total net income available to common stockholders – CMS Energy$163 $186 $659 $711 
Consumers
Net income (loss) available to common stockholder
Electric utility$194 $195 $501 $504 
Gas utility(13)(9)239 208 
Other reconciling items8 — 4 (1)
Total net income available to common stockholder – Consumers$189 $186 $744 $711 
In Millions
September 30, 2022December 31, 2021
CMS Energy, including Consumers
Plant, property, and equipment, gross
Electric utility1
$17,720 $18,147 
Gas utility1
11,233 10,601 
NorthStar Clean Energy1,146 1,122 
Other reconciling items26 23 
Total plant, property, and equipment, gross – CMS Energy$30,125 $29,893 
Consumers
Plant, property, and equipment, gross
Electric utility1
$17,720 $18,147 
Gas utility1
11,233 10,601 
Other reconciling items25 23 
Total plant, property, and equipment, gross – Consumers$28,978 $28,771 
CMS Energy, including Consumers
Total assets
Electric utility1
$17,362 $16,493 
Gas utility1
11,499 10,517 
NorthStar Clean Energy1,434 1,312 
Other reconciling items77 431 
Total assets – CMS Energy$30,372 $28,753 
Consumers
Total assets
Electric utility1
$17,423 $16,555 
Gas utility1
11,545 10,564 
Other reconciling items24 21 
Total assets – Consumers$28,992 $27,140 
1Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.