XML 137 R92.htm IDEA: XBRL DOCUMENT v2.4.1.9
Retirement Benefits (Schedule Of Assumptions Used) (Details)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Pension And DB SERP [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 4.10%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Mortality table 2014 2000 2000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate 4.90%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets 7.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
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Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Mortality Table 2000 2000 2000
Pension And DB SERP [Member] | Consumers Energy Company [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 4.10%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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[1]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Mortality table 2014 [2] 2000 [2] 2000 [2]
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate 4.90%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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[1]
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[3]
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Mortality Table 2000 [2] 2000 [2] 2000 [2]
OPEB [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 4.30%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Mortality table 2014 2000 2000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate 5.10%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets 7.25%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
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Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Mortality Table 2000 2000 2000
OPEB [Member] | Consumers Energy Company [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 4.30%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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[1]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Mortality table 2014 [2] 2000 [2] 2000 [2]
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate 5.10%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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[1]
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets 7.25%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
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[3] 7.25%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
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[3]
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Mortality Table 2000 [2] 2000 [2] 2000 [2]
Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase 3.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
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Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase 3.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
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Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected long-term rate of return on plan assets 7.50%cms_ExpectedLongTermRateOfReturnOnPlanAssets
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Actual rate of return on plan assets 7.40%cms_ActualRateOfReturnOnPlanAssets
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12.50%cms_ActualRateOfReturnOnPlanAssets
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14.10%cms_ActualRateOfReturnOnPlanAssets
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Pension Plan [Member] | Consumers Energy Company [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase 3.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
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Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected long-term rate of return on plan assets 7.50%cms_ExpectedLongTermRateOfReturnOnPlanAssets
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Actual rate of return on plan assets 7.40%cms_ActualRateOfReturnOnPlanAssets
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12.50%cms_ActualRateOfReturnOnPlanAssets
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14.10%cms_ActualRateOfReturnOnPlanAssets
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DB SERP [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase 5.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
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DB SERP [Member] | Consumers Energy Company [Member]      
Defined Benefit Plan Disclosure [Line Items]      
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[1] The discount rate reflects the rate at which benefits could be effectively settled and is equal to the equivalent single rate resulting from a yield curve analysis. This analysis incorporated the projected benefit payments specific to CMS Energy’s and Consumers’ DB Pension Plan and OPEB Plan and the yields on high quality corporate bonds rated Aa or better.
[2] The mortality assumption for 2014 for benefit obligations was based on the new RP2014 mortality table, with projection scale MP2014. The mortality assumption for 2013 and 2012 was based on the RP2000 mortality tables with projection of future mortality improvements using Scale AA, which aligned with the IRS prescriptions for cash funding valuations under the Pension Protection Act of 2006. The mortality assumption for all three years for net periodic benefit cost was based on the RP2000 mortality table.
[3] CMS Energy and Consumers determined the long-term rate of return using historical market returns, the present and expected future economic environment, the capital market principles of risk and return, and the expert opinions of individuals and firms with financial market knowledge. CMS Energy and Consumers considered the asset allocation of the portfolio in forecasting the future expected total return of the portfolio. The goal was to determine a long-term rate of return that could be incorporated into the planning of future cash flow requirements in conjunction with the change in the liability. Annually, CMS Energy and Consumers review for reasonableness and appropriateness the forecasted returns for various classes of assets used to construct an expected return model. CMS Energy’s and Consumers’ expected long-term rate of return on DB Pension Plan assets was 7.5 percent in 2014. The actual return on DB Pension Plan assets was 7.4 percent in 2014, 12.5 percent in 2013, and 14.1 percent in 2012.