Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Financial Instruments [Line Items]

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
	September 30, 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		$	12		$	12		$	—		$	—		$	12		$	14		$	14		$	—		$	—		$	14
Liabilities
Long-term debt2		15,151			12,927			1,013			9,842			2,072			14,212			12,384			987			8,741			2,656
Long-term payables3		13			13			—			—			13			9			7			—			—			7
Consumers
Assets
Long-term receivables1		$	12		$	12		$	—		$	—		$	12		$	14		$	14		$	—		$	—		$	14
Notes receivable – related party4		98			98			—			—			98			101			101			—			—			101
Liabilities
Long-term debt5		10,260			8,463			—			6,562			1,901			10,183			8,728			—			6,172			2,556
Long-term debt – related party		294			170			—			170			—			—			—			—			—			—
Long-term payables		6			6			—			—			6			—			—			—			—			—

1Includes current portion of long-term accounts receivable and notes receivable of $6 million at September 30, 2023 and $7 million at December 31, 2022.

2Includes current portion of long-term debt of $1,037 million at September 30, 2023 and $1,090 million at December 31, 2022.

3Includes current portion of long-term payables of $1 million at September 30, 2023 and $2 million at December 31, 2022.

4Includes current portion of notes receivable – related party of $7 million at September 30, 2023 and December 31, 2022.

5Includes current portion of long-term debt of $616 million at September 30, 2023 and $991 million at December 31, 2022.

Consumers Energy Company

Financial Instruments [Line Items]

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
	September 30, 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		$	12		$	12		$	—		$	—		$	12		$	14		$	14		$	—		$	—		$	14
Liabilities
Long-term debt2		15,151			12,927			1,013			9,842			2,072			14,212			12,384			987			8,741			2,656
Long-term payables3		13			13			—			—			13			9			7			—			—			7
Consumers
Assets
Long-term receivables1		$	12		$	12		$	—		$	—		$	12		$	14		$	14		$	—		$	—		$	14
Notes receivable – related party4		98			98			—			—			98			101			101			—			—			101
Liabilities
Long-term debt5		10,260			8,463			—			6,562			1,901			10,183			8,728			—			6,172			2,556
Long-term debt – related party		294			170			—			170			—			—			—			—			—			—
Long-term payables		6			6			—			—			6			—			—			—			—			—

1Includes current portion of long-term accounts receivable and notes receivable of $6 million at September 30, 2023 and $7 million at December 31, 2022.

2Includes current portion of long-term debt of $1,037 million at September 30, 2023 and $1,090 million at December 31, 2022.

3Includes current portion of long-term payables of $1 million at September 30, 2023 and $2 million at December 31, 2022.

4Includes current portion of notes receivable – related party of $7 million at September 30, 2023 and December 31, 2022.

5Includes current portion of long-term debt of $616 million at September 30, 2023 and $991 million at December 31, 2022.