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Asset Sales, Discontinued Operations, And Impairment Charges (Tables) (Discontinued Operations [Member])
 12 Months Ended
Dec. 31, 2012
Discontinued Operations [Member]
  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions 

 

 

Years Ended December 31
2012 
2011 

 
2010 

 

 

Revenues

 

$

 -

 

$

 -

 

 

$
10 

 

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

Pretax income (loss) from discontinued operations

 

$
11 

 

$
2 

 

 

$
(21)

 

 

Income tax expense

 

 
4 

 

 

 -

 

 

 
2 

 

 

Income (loss) from discontinued operations, net of tax expense

 

$
7 

1 

$
2 

2 

 

$
(23)

3

 

 

1

Includes an $11 million ($7 million net of tax) reversal of a loss on disposal due to the elimination of a liability associated with the 2003 sale of Panhandle.

2

Includes an operating gain of $3 million related to a litigation settlement at CMS Viron.

3

Includes an operating loss of $2 million ($1 million net of tax) at Exeter, whose assets and liabilities were reclassified as held for sale in 2009.

Also includes disposal-related losses of $10 million in additional tax expense resulting from an IRS audit adjustment related to a 2003 asset sale, a $6 million ($4 million net of tax) loss for the write down of CMS Energy’s investment in Exeter, a $5 million ($3 million net of tax) loss for the increase in a liability for a 2007 asset sale, and a $5 million ($3 million net of tax) loss on the settlement of a 2002 asset sale indemnity.