CMS Energy Corporation Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 168	$ 452
Restricted cash and cash equivalents	27	24
Accounts receivable and accrued revenue	1,161	931
Accounts receivable – related parties	14	12
Inventories at average cost
Gas in underground storage	1,057	462
Materials and supplies	196	168
Generating plant fuel stock	51	37
Deferred property taxes	234	356
Regulatory assets	15	46
Prepayments and other current assets	103	139
Total current assets	3,026	2,627
Plant, Property, and Equipment
Plant, property, and equipment, gross	30,125	29,893
Less accumulated depreciation and amortization	8,863	8,502
Plant, property, and equipment, net	21,262	21,391
Construction work in progress	1,078	961
Total plant, property, and equipment	22,340	22,352
Other Non‑current Assets
Regulatory assets	3,427	2,259
Accounts receivable	28	30
Investments	70	71
Other	1,481	1,414
Total other non‑current assets	5,006	3,774
Total Assets	30,372	28,753
Current Liabilities
Current portion of long-term debt, finance leases, and other financing	1,000	382
Accounts payable	949	875
Accounts payable – related parties	7	11
Accrued rate refunds	0	12
Accrued interest	117	107
Accrued taxes	178	515
Regulatory liabilities	67	146
Other current liabilities	170	156
Total current liabilities	2,488	2,204
Non‑current Liabilities
Long-term debt	12,685	12,046
Non-current portion of finance leases and other financing	70	46
Regulatory liabilities	3,862	3,802
Postretirement benefits	136	142
Asset retirement obligations	747	628
Deferred investment tax credit	130	112
Deferred income taxes	2,367	2,210
Other non‑current liabilities	383	375
Total non‑current liabilities	20,380	19,361
Commitments and Contingencies
Common stockholders’ equity
Common stock	3	3
Other paid-in capital	5,423	5,406
Accumulated other comprehensive loss	(52)	(59)
Retained earnings	1,315	1,057
Total common stockholders’ equity	6,689	6,407
Cumulative preferred stock	224	224
Total stockholders’ equity	6,913	6,631
Noncontrolling interests	591	557
Total equity	7,504	7,188
Total Liabilities and Equity	$ 30,372	$ 28,753