XML 150 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Plant, Property, and Equipment (Tables)
12 Months Ended
Dec. 31, 2013
Property, Plant and Equipment Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

Estimated 
Depreciable 
Life in Years 

2013 
2012 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

3,992 

 

$

4,254 

 

Distribution

23 

-

75 

 

 

6,140 

 

 

5,831 

 

Other

-

50 

 

 

770 

 

 

677 

 

Assets under capital leases and other arrangements

 

 

 

 

 

284 

 

 

279 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,015 

 

 

2,861 

 

Transmission

17 

-

75 

 

 

821 

 

 

770 

 

Underground storage facilities1

29 

-

65 

 

 

535 

 

 

339 

 

Other

-

50 

 

 

465 

 

 

424 

 

Capital leases

 

 

 

 

 

 

 

 

Enterprises

 

 

 

 

 

 

 

 

 

 

Independent power production

-

30 

 

 

89 

 

 

89 

 

Other

-

40 

 

 

26 

 

 

24 

 

Other

-

51 

 

 

40 

 

 

38 

 

Construction work in progress

 

 

 

 

 

1,149 

 

 

1,080 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,087)

 

 

(5,121)

 

Net plant, property, and equipment2

 

 

 

 

$

12,246 

 

$

11,551 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

3,992 

 

$

4,254 

 

Distribution

23 

-

75 

 

 

6,140 

 

 

5,831 

 

Other

-

50 

 

 

770 

 

 

677 

 

Assets under capital leases and other arrangements

 

 

 

 

 

284 

 

 

279 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,015 

 

 

2,861 

 

Transmission

17 

-

75 

 

 

821 

 

 

770 

 

Underground storage facilities1

29 

-

65 

 

 

535 

 

 

339 

 

Other

-

50 

 

 

465 

 

 

424 

 

Capital leases

 

 

 

 

 

 

 

 

Other non-utility property

-

51 

 

 

15 

 

 

15 

 

Construction work in progress

 

 

 

 

 

1,147 

 

 

1,080 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,022)

 

 

(5,061)

 

Net plant, property, and equipment2

 

 

 

 

$

12,169 

 

$

11,475 

 

 

1

Underground storage includes base natural gas of $26 million at December 31, 2013 and 2012.  Base natural gas is not subject to depreciation.

2

For the year ended December 31, 2013, utility plant additions were $1.3 billion and utility plant retirements were $156 million.  Subject to a successful Securitization transaction, Consumers plans to retire seven smaller coal-fueled electric generating units and three smaller gas-fueled electric generating units by April 2016.  Accordingly, Consumers removed the net book value of the ten units from plant, property, and equipment and recorded this amount as a regulatory asset at December 31, 2013.  As a result, net plant, property, and equipment decreased by $362 million.  For additional details, see Note 2, Regulatory Matters.

For the year ended December 31, 2012, utility plant additions were $999 million and utility plant retirements were $168 million.

Public Utilities Property Plant and Equipment Schedule of Accumulated Depreciation and Amortization Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2013 
2012 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,021 

 

$

5,060 

 

Non-utility plant assets

 

 

66 

 

 

61 

 

Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,021 

 

$

5,060 

 

Non-utility plant assets

 

 

 

 

 

 

Schedule of Finite-Lived Intangible Assets by Major Class Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

 

 

2013

 

2012

 

Description

Amortization 
Life in years 

 

Gross Cost1

Accumulated 
Amortization 

 

Gross Cost1

Accumulated 
Amortization 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

508 

 

$

174 

 

 

$

466 

 

$

172 

 

Plant acquisition adjustments

 

40 

-

46 

 

 

 

216 

 

 

32 

 

 

 

214 

 

 

27 

 

Rights of way

 

50 

-

75 

 

 

 

135 

 

 

42 

 

 

 

130 

 

 

40 

 

Leasehold improvements

 

various2

 

 

 

14 

 

 

11 

 

 

 

13 

 

 

10 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

14 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

14 

 

 

 

18 

 

 

14 

 

Total

 

 

 

 

 

 

$

909 

 

$

280 

 

 

$

855 

 

$

269 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

506 

 

$

173 

 

 

$

464 

 

$

172 

 

Plant acquisition adjustments

 

40 

-

46 

 

 

 

216 

 

 

32 

 

 

 

214 

 

 

27 

 

Rights of way

 

50 

-

75 

 

 

 

135 

 

 

42 

 

 

 

130 

 

 

40 

 

Leasehold improvements

 

various2

 

 

 

14 

 

 

11 

 

 

 

13 

 

 

10 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

14 

 

 

 

Other intangibles

 

various 

 

 

 

20 

 

 

14 

 

 

 

18 

 

 

14 

 

Total

 

 

 

 

 

 

$

906 

 

$

279 

 

 

$

853 

 

$

269 

 

 

1

Net intangible asset additions for Consumers’ utility plant were $53 million during 2013 and $108 million during 2012 and primarily represented software development costs.

2

Leasehold improvements are amortized over the life of the lease, which may change whenever the lease is renewed or extended.

Schedule of Finite Lived Intangible Assets Amortization Expense Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

CMS Energy, including Consumers

 

Consumers

 

Years Ended December 31

Total 
Amortization 
Expense 

Software 
Amortization 
Expense 

 

Total 
Amortization 
Expense 

Software 
Amortization 
Expense 

 

2013

 

$

48 

 

$

39 

 

 

$

47 

 

$

39 

 

2012

 

 

39 

 

 

31 

 

 

 

38 

 

 

30 

 

2011

 

 

32 

 

 

24 

 

 

 

32 

 

 

24 

 

 

Jointly Owned Regulated Utility Facilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions, Except Ownership Share  

 

J.H. Campbell Unit 3 

 

Ludington 

 

Distribution 

 

Ownership share

 

 

93.3 

%

 

 

51.0 

%

 

 

various 

 

Utility plant in service

 

$

1,073 

 

 

$

193 

 

 

$

190 

 

Accumulated depreciation

 

 

(456)

 

 

 

(152)

 

 

 

(59)

 

Construction work-in-progress

 

 

81 

 

 

 

71 

 

 

 

 

Net investment

 

$

698 

 

 

$

112 

 

 

$

133 

 

 

Consumers Energy Company [Member]
 
Property, Plant and Equipment Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

Estimated 
Depreciable 
Life in Years 

2013 
2012 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

3,992 

 

$

4,254 

 

Distribution

23 

-

75 

 

 

6,140 

 

 

5,831 

 

Other

-

50 

 

 

770 

 

 

677 

 

Assets under capital leases and other arrangements

 

 

 

 

 

284 

 

 

279 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,015 

 

 

2,861 

 

Transmission

17 

-

75 

 

 

821 

 

 

770 

 

Underground storage facilities1

29 

-

65 

 

 

535 

 

 

339 

 

Other

-

50 

 

 

465 

 

 

424 

 

Capital leases

 

 

 

 

 

 

 

 

Enterprises

 

 

 

 

 

 

 

 

 

 

Independent power production

-

30 

 

 

89 

 

 

89 

 

Other

-

40 

 

 

26 

 

 

24 

 

Other

-

51 

 

 

40 

 

 

38 

 

Construction work in progress

 

 

 

 

 

1,149 

 

 

1,080 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,087)

 

 

(5,121)

 

Net plant, property, and equipment2

 

 

 

 

$

12,246 

 

$

11,551 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

3,992 

 

$

4,254 

 

Distribution

23 

-

75 

 

 

6,140 

 

 

5,831 

 

Other

-

50 

 

 

770 

 

 

677 

 

Assets under capital leases and other arrangements

 

 

 

 

 

284 

 

 

279 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,015 

 

 

2,861 

 

Transmission

17 

-

75 

 

 

821 

 

 

770 

 

Underground storage facilities1

29 

-

65 

 

 

535 

 

 

339 

 

Other

-

50 

 

 

465 

 

 

424 

 

Capital leases

 

 

 

 

 

 

 

 

Other non-utility property

-

51 

 

 

15 

 

 

15 

 

Construction work in progress

 

 

 

 

 

1,147 

 

 

1,080 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,022)

 

 

(5,061)

 

Net plant, property, and equipment2

 

 

 

 

$

12,169 

 

$

11,475 

 

 

1

Underground storage includes base natural gas of $26 million at December 31, 2013 and 2012.  Base natural gas is not subject to depreciation.

2

For the year ended December 31, 2013, utility plant additions were $1.3 billion and utility plant retirements were $156 million.  Subject to a successful Securitization transaction, Consumers plans to retire seven smaller coal-fueled electric generating units and three smaller gas-fueled electric generating units by April 2016.  Accordingly, Consumers removed the net book value of the ten units from plant, property, and equipment and recorded this amount as a regulatory asset at December 31, 2013.  As a result, net plant, property, and equipment decreased by $362 million.  For additional details, see Note 2, Regulatory Matters.

For the year ended December 31, 2012, utility plant additions were $999 million and utility plant retirements were $168 million.

Schedule of Capital Leased Asssets Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2013 
2012 

 

Consumers

 

 

 

 

 

 

 

Balance at beginning of period

 

$

285 

 

$

280 

 

Additions

 

 

12 

 

 

 

Net retirements and other adjustments

 

 

(6)

 

 

(4)

 

Balance at end of period

 

$

291 

 

$

285 

 

 

Public Utilities Property Plant and Equipment Schedule of Accumulated Depreciation and Amortization Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2013 
2012 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,021 

 

$

5,060 

 

Non-utility plant assets

 

 

66 

 

 

61 

 

Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,021 

 

$

5,060 

 

Non-utility plant assets

 

 

 

 

 

 

Public Utilities Property Plant and Equipment Schedule of Composite Depreciation Rate Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31

2013 

 

2012 

 

2011 

 

 

Electric utility property

 

3.5 

%

 

3.2 

%

 

3.0 

%

 

Gas utility property

 

2.8 

%

 

2.9 

%

 

2.9 

%

 

Other property

 

7.0 

%

 

7.2 

%

 

7.4 

%

 

 

Public Utilities, Allowance for Funds Used During Construction, Schedule of Composite Rate Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31

2013 

 

2012 

 

2011 

 

 

AFUDC capitalization rate

 

7.3 

%

 

7.3 

%

 

7.6 

%

 

 

Schedule of Finite-Lived Intangible Assets by Major Class Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

 

 

2013

 

2012

 

Description

Amortization 
Life in years 

 

Gross Cost1

Accumulated 
Amortization 

 

Gross Cost1

Accumulated 
Amortization 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

508 

 

$

174 

 

 

$

466 

 

$

172 

 

Plant acquisition adjustments

 

40 

-

46 

 

 

 

216 

 

 

32 

 

 

 

214 

 

 

27 

 

Rights of way

 

50 

-

75 

 

 

 

135 

 

 

42 

 

 

 

130 

 

 

40 

 

Leasehold improvements

 

various2

 

 

 

14 

 

 

11 

 

 

 

13 

 

 

10 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

14 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

14 

 

 

 

18 

 

 

14 

 

Total

 

 

 

 

 

 

$

909 

 

$

280 

 

 

$

855 

 

$

269 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

506 

 

$

173 

 

 

$

464 

 

$

172 

 

Plant acquisition adjustments

 

40 

-

46 

 

 

 

216 

 

 

32 

 

 

 

214 

 

 

27 

 

Rights of way

 

50 

-

75 

 

 

 

135 

 

 

42 

 

 

 

130 

 

 

40 

 

Leasehold improvements

 

various2

 

 

 

14 

 

 

11 

 

 

 

13 

 

 

10 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

14 

 

 

 

Other intangibles

 

various 

 

 

 

20 

 

 

14 

 

 

 

18 

 

 

14 

 

Total

 

 

 

 

 

 

$

906 

 

$

279 

 

 

$

853 

 

$

269 

 

 

1

Net intangible asset additions for Consumers’ utility plant were $53 million during 2013 and $108 million during 2012 and primarily represented software development costs.

2

Leasehold improvements are amortized over the life of the lease, which may change whenever the lease is renewed or extended.

Schedule of Finite Lived Intangible Assets Amortization Expense Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

CMS Energy, including Consumers

 

Consumers

 

Years Ended December 31

Total 
Amortization 
Expense 

Software 
Amortization 
Expense 

 

Total 
Amortization 
Expense 

Software 
Amortization 
Expense 

 

2013

 

$

48 

 

$

39 

 

 

$

47 

 

$

39 

 

2012

 

 

39 

 

 

31 

 

 

 

38 

 

 

30 

 

2011

 

 

32 

 

 

24 

 

 

 

32 

 

 

24 

 

 

Jointly Owned Regulated Utility Facilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions, Except Ownership Share  

 

J.H. Campbell Unit 3 

 

Ludington 

 

Distribution 

 

Ownership share

 

 

93.3 

%

 

 

51.0 

%

 

 

various 

 

Utility plant in service

 

$

1,073 

 

 

$

193 

 

 

$

190 

 

Accumulated depreciation

 

 

(456)

 

 

 

(152)

 

 

 

(59)

 

Construction work-in-progress

 

 

81 

 

 

 

71 

 

 

 

 

Net investment

 

$

698 

 

 

$

112 

 

 

$

133