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Contingencies And Commitments (Tables)
12 Months Ended
Dec. 31, 2014
Expected Remediation Cost By Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

2015 
2016 
2017 
2018 
2019 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remediation and other response activity costs

 

$

11 

 

$

12 

 

$

13 

 

$

11 

 

$

14 

 

 

Guarantees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

Maximum 

 

Carrying 

 

Guarantee Description

Issue Date

Expiration Date

Obligation 

 

Amount 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Indemnity obligations from asset sales
   and other agreements

Various

Various through August 2029

 

$

150 

 

$

 

Guarantees

Various

Various through March 2021

 

 

54 

 

 

 

 -

 

Consumers

 

 

 

 

 

 

 

 

 

 

Indemnity obligations and other guarantees

Various

Various through August 2029

 

$

30 

 

 

$

 

 

1

The majority of this amount arises from stock and asset sale agreements under which CMS Energy or a subsidiary of CMS Energy, other than Consumers, indemnified the purchaser for losses resulting from various matters, including claims related to tax disputes, claims related to PPAs, and defects in title to the assets or stock sold to the purchaser by CMS Energy subsidiaries.  Except for items described elsewhere in this Note, CMS Energy believes the likelihood of material loss to be remote for the indemnity obligations not recorded as liabilities.

Purchase Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

Payments Due

 

 

Total 

2015 
2016 
2017 
2018 
2019 

Beyond 
2019

 

CMS Energy, including Consumers

MCV PPA

 

$

3,425 

 

$

370 

 

$

384 

 

$

312 

 

$

301 

 

$

316 

 

$

1,742 

 

Palisades PPA

 

 

2,661 

 

 

331 

 

 

342 

 

 

352 

 

 

364 

 

 

375 

 

 

897 

 

Related party PPAs

 

 

1,135 

 

 

83 

 

 

83 

 

 

85 

 

 

85 

 

 

88 

 

 

711 

 

Other PPAs

 

 

3,915 

 

 

254 

 

 

244 

 

 

245 

 

 

247 

 

 

224 

 

 

2,701 

 

Other

 

 

1,812 

 

 

755 

 

 

418 

 

 

330 

 

 

80 

 

 

76 

 

 

153 

 

Consumers

MCV PPA

 

$

3,425 

 

$

370 

 

$

384 

 

$

312 

 

$

301 

 

$

316 

 

$

1,742 

 

Palisades PPA

 

 

2,661 

 

 

331 

 

 

342 

 

 

352 

 

 

364 

 

 

375 

 

 

897 

 

Related party PPAs

 

 

1,135 

 

 

83 

 

 

83 

 

 

85 

 

 

85 

 

 

88 

 

 

711 

 

Other PPAs

 

 

3,915 

 

 

254 

 

 

244 

 

 

245 

 

 

247 

 

 

224 

 

 

2,701 

 

Other

 

 

1,546 

 

 

721 

 

 

389 

 

 

301 

 

 

51 

 

 

47 

 

 

37 

 

 

Consumers Energy Company [Member]  
Expected Remediation Cost By Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

2015 
2016 
2017 
2018 
2019 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remediation and other response activity costs

 

$

11 

 

$

12 

 

$

13 

 

$

11 

 

$

14 

 

 

Guarantees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

Maximum 

 

Carrying 

 

Guarantee Description

Issue Date

Expiration Date

Obligation 

 

Amount 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Indemnity obligations from asset sales
   and other agreements

Various

Various through August 2029

 

$

150 

 

$

 

Guarantees

Various

Various through March 2021

 

 

54 

 

 

 

 -

 

Consumers

 

 

 

 

 

 

 

 

 

 

Indemnity obligations and other guarantees

Various

Various through August 2029

 

$

30 

 

 

$

 

 

1

The majority of this amount arises from stock and asset sale agreements under which CMS Energy or a subsidiary of CMS Energy, other than Consumers, indemnified the purchaser for losses resulting from various matters, including claims related to tax disputes, claims related to PPAs, and defects in title to the assets or stock sold to the purchaser by CMS Energy subsidiaries.  Except for items described elsewhere in this Note, CMS Energy believes the likelihood of material loss to be remote for the indemnity obligations not recorded as liabilities.

Purchase Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

Payments Due

 

 

Total 

2015 
2016 
2017 
2018 
2019 

Beyond 
2019

 

CMS Energy, including Consumers

MCV PPA

 

$

3,425 

 

$

370 

 

$

384 

 

$

312 

 

$

301 

 

$

316 

 

$

1,742 

 

Palisades PPA

 

 

2,661 

 

 

331 

 

 

342 

 

 

352 

 

 

364 

 

 

375 

 

 

897 

 

Related party PPAs

 

 

1,135 

 

 

83 

 

 

83 

 

 

85 

 

 

85 

 

 

88 

 

 

711 

 

Other PPAs

 

 

3,915 

 

 

254 

 

 

244 

 

 

245 

 

 

247 

 

 

224 

 

 

2,701 

 

Other

 

 

1,812 

 

 

755 

 

 

418 

 

 

330 

 

 

80 

 

 

76 

 

 

153 

 

Consumers

MCV PPA

 

$

3,425 

 

$

370 

 

$

384 

 

$

312 

 

$

301 

 

$

316 

 

$

1,742 

 

Palisades PPA

 

 

2,661 

 

 

331 

 

 

342 

 

 

352 

 

 

364 

 

 

375 

 

 

897 

 

Related party PPAs

 

 

1,135 

 

 

83 

 

 

83 

 

 

85 

 

 

85 

 

 

88 

 

 

711 

 

Other PPAs

 

 

3,915 

 

 

254 

 

 

244 

 

 

245 

 

 

247 

 

 

224 

 

 

2,701 

 

Other

 

 

1,546 

 

 

721 

 

 

389 

 

 

301 

 

 

51 

 

 

47 

 

 

37