Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Schedule Of Carrying Amounts And Fair Values Of Financial Instruments

For information about assets and liabilities recorded at fair value and for additional details regarding the fair value hierarchy, see Note 4, Fair Value Measurements.


In Millions
	March 31, 2023															December 31, 2022
	Carrying Amount			Fair Value												Carrying Amount			Fair Value
				Total			Level												Total			Level
							1			2			3									1			2			3
CMS Energy, including Consumers
Assets
Long-term receivables1		$	13		$	13		$	—		$	—		$	13		$	14		$	14		$	—		$	—		$	14

Liabilities
Long-term debt2		14,410			12,928			1,076			10,066			1,786			14,212			12,384			987			8,741			2,656
Long-term payables3		8			7			—			—			7			9			7			—			—			7
Consumers
Assets
Long-term receivables1		$	13		$	13		$	—		$	—		$	13		$	14		$	14		$	—		$	—		$	14

Notes receivable – related party4		100			100			—			—			100			101			101			—			—			101
Liabilities
Long-term debt5		10,295			9,060			—			7,459			1,601			10,183			8,728			—			6,172			2,556

1Includes current portion of long-term accounts receivable and notes receivable of $7 million at March 31, 2023 and December 31, 2022.

2Includes current portion of long-term debt of $1,425 million at March 31, 2023 and $1,090 million at December 31, 2022.

3Includes current portion of long-term payables of $1 million at March 31, 2023 and $2 million at December 31, 2022.

4Includes current portion of notes receivable – related party of $7 million at March 31, 2023 and December 31, 2022.

5Includes current portion of long-term debt of $991 million at March 31, 2023 and December 31, 2022.

Consumers Energy Company

Financial Instruments [Line Items]