Transition Activities - (Tables)

9 Months Ended

Sep. 30, 2023

Restructuring Cost and Reserve [Line Items]

Schedule of Retention Benefit Liability Roll Forward

Presented in the following table is a reconciliation of the retention benefit liability recorded in other liabilities on Consumers’ consolidated balance sheets:

In Millions
	Nine Months Ended
September 30	2023			2022
Retention benefit liability at beginning of period		$	21		$	14
Costs deferred as a regulatory asset1		14			14
Costs paid or settled		(13)			—
Retention benefit liability at the end of the period2		$	22		$	28

1Includes $4 million for the three months ended September 30, 2023 and $11 million for the three months ended September 30, 2022.

2Includes current portion of other liabilities of $11 million at September 30, 2023 and $25 million at September 30, 2022.

Consumers Energy Company

Restructuring Cost and Reserve [Line Items]

Schedule of Retention Benefit Liability Roll Forward

Presented in the following table is a reconciliation of the retention benefit liability recorded in other liabilities on Consumers’ consolidated balance sheets:

In Millions
	Nine Months Ended
September 30	2023			2022
Retention benefit liability at beginning of period		$	21		$	14
Costs deferred as a regulatory asset1		14			14
Costs paid or settled		(13)			—
Retention benefit liability at the end of the period2		$	22		$	28

1Includes $4 million for the three months ended September 30, 2023 and $11 million for the three months ended September 30, 2022.

2Includes current portion of other liabilities of $11 million at September 30, 2023 and $25 million at September 30, 2022.