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CMS Energy Corporation Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Other Paid-in Capital
Accumulated Other Comprehensive Loss
Retirement benefits liability
Derivative instruments
Retained Earnings
Cumulative Preferred Stock
Noncontrolling Interests
Beginning of period (in shares) at Dec. 31, 2020   288,940              
Total Equity at Beginning of Period at Dec. 31, 2020 $ 6,077 $ 3 $ 5,365 $ (86) $ (80) $ (6) $ 214 $ 0 $ 581
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common stock issued (in shares)   997              
Common stock issued     50         224  
Common stock repurchased (in shares)   (157)              
Common stock repurchased     (9)            
Common stock reacquired (in shares)   (22)              
Common stock reacquired     0            
Net gain arising during the period 19       19        
Settlement arising during the period 1       1        
Amortization of net actuarial loss 5       5        
Amortization of prior service credit (1)       (1)        
Unrealized gain on derivative instruments 2         2      
Reclassification adjustments included in net income 1         1      
Net Income 1,330           1,353   (23)
Dividends declared on common stock             (505)    
Dividends declared on preferred stock             (5)    
Sale of membership interest in VIE to tax equity investor                 0
Contribution from noncontrolling interest                 1
Distributions and other changes in noncontrolling interests                 (2)
Total Equity at End of Period at Dec. 31, 2021 $ 7,188 $ 3 5,406 (59) (56) (3) 1,057 224 557
End of period (in shares) at Dec. 31, 2021   289,758              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared per common share (in dollars per share) $ 1.7400                
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 0.5688                
Common stock issued (in shares)   1,704              
Common stock issued     93         0  
Common stock repurchased (in shares)   (151)              
Common stock repurchased     (9)            
Common stock reacquired (in shares)   (43)              
Common stock reacquired     0            
Net gain arising during the period $ 1       1        
Settlement arising during the period 0       0        
Amortization of net actuarial loss 4       4        
Amortization of prior service credit (1)       (1)        
Unrealized gain on derivative instruments 2         2      
Reclassification adjustments included in net income 1         1      
Net Income 813           837   (24)
Dividends declared on common stock             (534)    
Dividends declared on preferred stock             (10)    
Sale of membership interest in VIE to tax equity investor                 49
Contribution from noncontrolling interest                 2
Distributions and other changes in noncontrolling interests                 (4)
Total Equity at End of Period at Dec. 31, 2022 $ 7,595 $ 3 5,490 (52) (52) 0 1,350 224 580
End of period (in shares) at Dec. 31, 2022 291,300 291,268              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared per common share (in dollars per share) $ 1.8400                
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 1.0500                
Common stock issued (in shares)   3,355              
Common stock issued     222         0  
Common stock repurchased (in shares)   (119)              
Common stock repurchased     (7)            
Common stock reacquired (in shares)   (64)              
Common stock reacquired     0            
Net gain arising during the period $ 5       5        
Settlement arising during the period 0       0        
Amortization of net actuarial loss 2       2        
Amortization of prior service credit (1)       (1)        
Unrealized gain on derivative instruments 0         0      
Reclassification adjustments included in net income 0         0      
Net Income 808           887   (79)
Dividends declared on common stock             (569)    
Dividends declared on preferred stock             (10)    
Sale of membership interest in VIE to tax equity investor                 86
Contribution from noncontrolling interest                 6
Distributions and other changes in noncontrolling interests                 (12)
Total Equity at End of Period at Dec. 31, 2023 $ 8,125 $ 3 $ 5,705 $ (46) $ (46) $ 0 $ 1,658 $ 224 $ 581
End of period (in shares) at Dec. 31, 2023 294,400 294,440              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared per common share (in dollars per share) $ 1.9500                
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 1.0500