Earnings Per Share - CMS Energy (Tables)

9 Months Ended

Sep. 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						Nine Months Ended
September 30	2022			2021			2022			2021
Income available to common stockholders
Income from continuing operations		$	163		$	153		$	646		$	614
Less loss attributable to noncontrolling interests		(2)			(6)			(16)			(18)
Less preferred stock dividends		2			3			7			3
Income from continuing operations available to common stockholders – basic and diluted		$	163		$	156		$	655		$	629
Average common shares outstanding
Weighted-average shares – basic		289.6			289.1			289.5			288.9
Add dilutive nonvested stock awards		0.4			0.5			0.4			0.5
Add dilutive forward equity sale contracts		0.1			—			0.1			—
Weighted-average shares – diluted		290.1			289.6			290.0			289.4
Income from continuing operations per average common share available to common stockholders
Basic		$	0.56		$	0.54		$	2.26		$	2.18
Diluted		0.56			0.54			2.26			2.18