Earnings Per Share - CMS Energy (Tables)

6 Months Ended

Jun. 30, 2023

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						Six Months Ended
June 30	2023			2022			2023			2022
Income available to common stockholders
Income from continuing operations		$	189		$	142		$	383		$	483
Less loss attributable to noncontrolling interests		(8)			(6)			(18)			(14)
Less preferred stock dividends		3			3			5			5
Income from continuing operations available to common stockholders – basic and diluted		$	194		$	145		$	396		$	492
Average common shares outstanding
Weighted-average shares – basic		290.9			289.5			290.8			289.4
Add dilutive nonvested stock awards		0.4			0.4			0.4			0.4
Add dilutive forward equity sale contracts		—			0.2			—			0.2
Weighted-average shares – diluted		291.3			290.1			291.2			290.0
Income from continuing operations per average common share available to common stockholders
Basic		$	0.67		$	0.50		$	1.36		$	1.70
Diluted		0.67			0.50			1.36			1.70