Financings And Capitalization (Tables)

3 Months Ended

Mar. 31, 2014

Summary Of Major Long-Term Debt Transactions

	Principal
	(In Millions)			Interest Rate		Issue Date	Maturity Date
Debt issuances
CMS Energy
Senior notes1		$	250	3.875	%	February 2014	March 2024
Senior notes1			300	4.875		February 2014	March 2044
Total CMS Energy parent		$	550

¹ In April2014, CMSEnergy used a portion of these proceeds to retire its $125million 6.875 percent Senior Notes due December 2015.  CMSEnergy intends to use the remaining proceeds to retire existing debt and for general corporate purposes.

Revolving Credit Facilities

In Millions
							Letters of Credit
Expiration Date	Amount of Facility			Amount Borrowed			Outstanding			Amount Available
CMS Energy
December 20, 20181		$	550		$	-		$	2		$	548
Consumers
December 20, 20182		$	650		$	-		$	-		$	650
September 9, 20142			30			-			30			-

¹ Obligations under this facility are secured by Consumers common stock.

² Obligations under this facility are secured by FMBs of Consumers.

Contingently Convertible Securities

		Outstanding			Adjusted			Adjusted
Security	Maturity	(In Millions)			Conversion Price			Trigger Price
5.50% senior notes	2029		$	155		$	13.55		$	17.61

Conversions Of Contingently Convertible Securities

					Weighted-Average			Shares
		Principal			Conversion			of Common	Cash Paid on
	Conversion	Converted			Value per $1,000			Stock Issued	Settlement
	Date	(In Millions)			of Principal			on Settlement	(In Millions)
5.50% senior notes due 2029	February 2014		$	17		$	1,968	605,531		$	17

Issuance Of Stock

	Number of	Average			Proceeds
	Shares Issued	Price per Share			(In Millions)
March 2014	1,070,080		$	28.04		$	30

Consumers Energy Company [Member]

Summary Of Major Long-Term Debt Transactions

	Principal
	(In Millions)			Interest Rate		Issue Date	Maturity Date
Debt issuances
CMS Energy
Senior notes1		$	250	3.875	%	February 2014	March 2024
Senior notes1			300	4.875		February 2014	March 2044
Total CMS Energy parent		$	550

¹ In April2014, CMSEnergy used a portion of these proceeds to retire its $125million 6.875 percent Senior Notes due December 2015.  CMSEnergy intends to use the remaining proceeds to retire existing debt and for general corporate purposes.

Revolving Credit Facilities

In Millions
							Letters of Credit
Expiration Date	Amount of Facility			Amount Borrowed			Outstanding			Amount Available
CMS Energy
December 20, 20181		$	550		$	-		$	2		$	548
Consumers
December 20, 20182		$	650		$	-		$	-		$	650
September 9, 20142			30			-			30			-

¹ Obligations under this facility are secured by Consumers common stock.

² Obligations under this facility are secured by FMBs of Consumers.