Earnings Per Share - CMS Energy (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Summary of 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
Years Ended December 31	2023			2022			2021
Income available to common stockholders
Income from continuing operations		$	807		$	809		$	728
Less loss attributable to noncontrolling interests		(79)			(24)			(23)
Less preferred stock dividends		10			10			5
Income from continuing operations available to common stockholders – basic and diluted		$	876		$	823		$	746
Average common shares outstanding
Weighted-average shares – basic		291.2			289.5			289.0
Add dilutive nonvested stock awards		0.5			0.3			0.5
Add dilutive forward equity sale contracts		—			0.2			—
Weighted-average shares – diluted		291.7			290.0			289.5
Income from continuing operations per average common share available to common stockholders
Basic		$	3.01		$	2.84		$	2.58
Diluted		3.01			2.84			2.58