Consumers Energy Company Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating Revenue	$ 2,284	$ 2,374
Operating Expenses
Operating Income	314	456
Other Income (Expense)
Non-operating retirement benefits, net	45	48
Other income	15	4
Other expense	(4)	(4)
Total other income	56	48
Interest Charges
Interest on long-term debt	144	121
Interest expense – related parties	3	3
Other interest expense	0	1
Allowance for borrowed funds used during construction	0	(1)
Total interest charges	147	124
Income Before Income Taxes	223	380
Income Tax Expense	29	39
Net Income Available to Common Stockholders	202	351
Consumers Energy Company
Operating Revenue	2,210	2,283
Operating Expenses
Fuel for electric generation	98	124
Purchased and interchange power	334	437
Purchased power – related parties	19	17
Cost of gas sold	546	465
Maintenance and other operating expenses	409	313
Depreciation and amortization	344	336
General taxes	139	129
Total operating expenses	1,889	1,821
Operating Income	321	462
Other Income (Expense)
Non-operating retirement benefits, net	43	45
Other income	12	4
Other expense	(4)	(3)
Total other income	51	46
Interest Charges
Interest on long-term debt	99	75
Interest expense – related parties	3	3
Other interest expense	0	1
Allowance for borrowed funds used during construction	0	(1)
Total interest charges	102	78
Income Before Income Taxes	270	430
Income Tax Expense	38	47
Net Income Available to Common Stockholders	$ 232	$ 383