Earnings Per Share - CMS Energy (Tables)

9 Months Ended

Sep. 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						Nine Months Ended
September 30	2023			2022			2023			2022
Income available to common stockholders
Income from continuing operations		$	173		$	163		$	556		$	646
Less loss attributable to noncontrolling interests		(3)			(2)			(21)			(16)
Less preferred stock dividends		2			2			7			7
Income from continuing operations available to common stockholders – basic and diluted		$	174		$	163		$	570		$	655
Average common shares outstanding
Weighted-average shares – basic		291.0			289.6			290.9			289.5
Add dilutive nonvested stock awards		0.4			0.4			0.4			0.4
Add dilutive forward equity sale contracts		—			0.1			—			0.1
Weighted-average shares – diluted		291.4			290.1			291.3			290.0
Income from continuing operations per average common share available to common stockholders
Basic		$	0.60		$	0.56		$	1.96		$	2.26
Diluted		0.60			0.56			1.96			2.26