XML 71 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Plant, Property, and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
Schedule Of Property, Plant And Equipment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

December 31

Estimated 
Depreciable 
Life in Years 

2015  2014 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

4,925 

 

$

4,544 

 

Distribution

20 

-

75 

 

 

6,809 

 

 

6,487 

 

Other

-

50 

 

 

1,039 

 

 

910 

 

Assets under capital leases and financing obligation

 

 

 

 

 

286 

 

 

289 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,497 

 

 

3,239 

 

Transmission

17 

-

75 

 

 

981 

 

 

974 

 

Underground storage facilities1

29 

-

65 

 

 

601 

 

 

578 

 

Other

-

50 

 

 

630 

 

 

538 

 

Capital leases

 

 

 

 

 

14 

 

 

 

Enterprises

 

 

 

 

 

 

 

 

 

 

Independent power production

-

30 

 

 

95 

 

 

90 

 

Other

-

40 

 

 

25 

 

 

25 

 

Other

-

51 

 

 

41 

 

 

41 

 

Construction work in progress

 

 

 

 

 

1,509 

 

 

1,106 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,747)

 

 

(5,415)

 

Net plant, property, and equipment2

 

 

 

 

$

14,705 

 

$

13,412 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

4,925 

 

$

4,544 

 

Distribution

20 

-

75 

 

 

6,809 

 

 

6,487 

 

Other

-

50 

 

 

1,039 

 

 

910 

 

Assets under capital leases and financing obligation

 

 

 

 

 

286 

 

 

289 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,497 

 

 

3,239 

 

Transmission

17 

-

75 

 

 

981 

 

 

974 

 

Underground storage facilities1

29 

-

65 

 

 

601 

 

 

578 

 

Other

-

50 

 

 

630 

 

 

538 

 

Capital leases

 

 

 

 

 

14 

 

 

 

Other non‑utility property

-

51 

 

 

15 

 

 

15 

 

Construction work in progress

 

 

 

 

 

1,467 

 

 

1,103 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,676)

 

 

(5,346)

 

Net plant, property, and equipment2

 

 

 

 

$

14,588 

 

$

13,337 

 

 

1

Underground storage includes base natural gas of $26 million at December 31, 2015 and 2014. Base natural gas is not subject to depreciation.

2

For the year ended December 31, 2015, utility plant additions were $1.4 billion and utility plant retirements were $187 million. For the year ended December 31, 2014, utility plant additions were $1.6 billion and utility plant retirements were $126 million.

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

December 31

2015  2014 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,674 

 

$

5,345 

 

Non-utility plant assets

 

 

73 

 

 

70 

 

Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,674 

 

$

5,345 

 

Non-utility plant assets

 

 

 

 

 

 

Schedule Of Depriciation And Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2015  2014  2013 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Depreciation expense – plant, property, and equipment

 

$

591 

 

$

551 

 

$

516 

 

Amortization expense

 

 

 

 

 

 

 

 

 

 

Software

 

 

70 

 

 

50 

 

 

40 

 

Other intangible assets

 

 

 

 

 

 

 

Securitized regulatory assets

 

 

83 

 

 

75 

 

 

63 

 

Other regulatory assets

 

 

 

 

 

 

 

Total depreciation and amortization expense

 

$

750 

 

$

685 

 

$

628 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Depreciation expense – plant, property, and equipment

 

$

586 

 

$

546 

 

$

511 

 

Amortization expense

 

 

 

 

 

 

 

 

 

 

Software

 

 

69 

 

 

49 

 

 

39 

 

Other intangible assets

 

 

 

 

 

 

 

Securitized regulatory assets

 

 

83 

 

 

75 

 

 

63 

 

Other regulatory assets

 

 

 

 

 

 

 

Total depreciation and amortization expense

 

$

744 

 

$

678 

 

$

622 

 

 

Schedule of Finite-Lived Intangible Assets by Major Class Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

December 31, 2015

 

December 31, 2014

 

Description

Amortization 
Life in Years 

 

Gross Cost1

Accumulated 
Amortization 

 

Gross Cost1

Accumulated 
Amortization 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

734 

 

$

294 

 

 

$

596 

 

$

223 

 

Rights of way

 

50 

-

75 

 

 

 

153 

 

 

46 

 

 

 

150 

 

 

44 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

15 

 

 

 

Leasehold improvements

 

various2

 

 

 

 

 

 

 

 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

15 

 

 

 

21 

 

 

14 

 

Total

 

 

 

 

 

 

$

930 

 

$

368 

 

 

$

787 

 

$

293 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

729 

 

$

291 

 

 

$

594 

 

$

221 

 

Rights of way

 

50 

-

75 

 

 

 

153 

 

 

46 

 

 

 

150 

 

 

44 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

15 

 

 

 

Leasehold improvements

 

various2

 

 

 

 

 

 

 

 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

15 

 

 

 

21 

 

 

14 

 

Total

 

 

 

 

 

 

$

925 

 

$

365 

 

 

$

785 

 

$

291 

 

 

1

Net intangible asset additions for Consumers’ utility plant were $140 million during 2015 and $96 million during 2014 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.

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

 

$

1,078 

 

 

$

245 

 

 

$

200 

 

Accumulated depreciation

 

 

(542)

 

 

 

(151)

 

 

 

(63)

 

Construction work in progress

 

 

494 

 

 

 

157 

 

 

 

 

Net investment

 

$

1,030 

 

 

$

251 

 

 

$

141 

 

 

Consumers Energy Company [Member]  
Schedule Of Property, Plant And Equipment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

December 31

Estimated 
Depreciable 
Life in Years 

2015  2014 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

4,925 

 

$

4,544 

 

Distribution

20 

-

75 

 

 

6,809 

 

 

6,487 

 

Other

-

50 

 

 

1,039 

 

 

910 

 

Assets under capital leases and financing obligation

 

 

 

 

 

286 

 

 

289 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,497 

 

 

3,239 

 

Transmission

17 

-

75 

 

 

981 

 

 

974 

 

Underground storage facilities1

29 

-

65 

 

 

601 

 

 

578 

 

Other

-

50 

 

 

630 

 

 

538 

 

Capital leases

 

 

 

 

 

14 

 

 

 

Enterprises

 

 

 

 

 

 

 

 

 

 

Independent power production

-

30 

 

 

95 

 

 

90 

 

Other

-

40 

 

 

25 

 

 

25 

 

Other

-

51 

 

 

41 

 

 

41 

 

Construction work in progress

 

 

 

 

 

1,509 

 

 

1,106 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,747)

 

 

(5,415)

 

Net plant, property, and equipment2

 

 

 

 

$

14,705 

 

$

13,412 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Electric

 

 

 

 

 

 

 

 

 

 

Generation

22 

-

125 

 

$

4,925 

 

$

4,544 

 

Distribution

20 

-

75 

 

 

6,809 

 

 

6,487 

 

Other

-

50 

 

 

1,039 

 

 

910 

 

Assets under capital leases and financing obligation

 

 

 

 

 

286 

 

 

289 

 

Gas

 

 

 

 

 

 

 

 

 

 

Distribution

28 

-

80 

 

 

3,497 

 

 

3,239 

 

Transmission

17 

-

75 

 

 

981 

 

 

974 

 

Underground storage facilities1

29 

-

65 

 

 

601 

 

 

578 

 

Other

-

50 

 

 

630 

 

 

538 

 

Capital leases

 

 

 

 

 

14 

 

 

 

Other non‑utility property

-

51 

 

 

15 

 

 

15 

 

Construction work in progress

 

 

 

 

 

1,467 

 

 

1,103 

 

Less accumulated depreciation and amortization

 

 

 

 

 

(5,676)

 

 

(5,346)

 

Net plant, property, and equipment2

 

 

 

 

$

14,588 

 

$

13,337 

 

 

1

Underground storage includes base natural gas of $26 million at December 31, 2015 and 2014. Base natural gas is not subject to depreciation.

2

For the year ended December 31, 2015, utility plant additions were $1.4 billion and utility plant retirements were $187 million. For the year ended December 31, 2014, utility plant additions were $1.6 billion and utility plant retirements were $126 million.

 

Schedule of Capital Leased Asssets Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2015  2014 

 

Consumers

 

 

 

 

 

 

 

Balance at beginning of period

 

$

295 

 

$

291 

 

Additions

 

 

17 

 

 

 

Net retirements and other adjustments

 

 

(12)

 

 

(3)

 

Balance at end of period

 

$

300 

 

$

295 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

December 31

2015  2014 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,674 

 

$

5,345 

 

Non-utility plant assets

 

 

73 

 

 

70 

 

Consumers

 

 

 

 

 

 

 

Utility plant assets

 

$

5,674 

 

$

5,345 

 

Non-utility plant assets

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31

2015 

 

2014 

 

2013 

 

 

Electric utility property

 

3.5 

%

 

3.5 

%

 

3.5 

%

 

Gas utility property

 

2.8 

 

 

2.8 

 

 

2.8 

 

 

Other property

 

8.7 

 

 

7.7 

 

 

7.0 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31

2015 

 

2014 

 

2013 

 

 

AFUDC capitalization rate

 

7.1 

%

 

7.2 

%

 

7.3 

%

 

 

Schedule Of Depriciation And Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2015  2014  2013 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

Depreciation expense – plant, property, and equipment

 

$

591 

 

$

551 

 

$

516 

 

Amortization expense

 

 

 

 

 

 

 

 

 

 

Software

 

 

70 

 

 

50 

 

 

40 

 

Other intangible assets

 

 

 

 

 

 

 

Securitized regulatory assets

 

 

83 

 

 

75 

 

 

63 

 

Other regulatory assets

 

 

 

 

 

 

 

Total depreciation and amortization expense

 

$

750 

 

$

685 

 

$

628 

 

Consumers

 

 

 

 

 

 

 

 

 

 

Depreciation expense – plant, property, and equipment

 

$

586 

 

$

546 

 

$

511 

 

Amortization expense

 

 

 

 

 

 

 

 

 

 

Software

 

 

69 

 

 

49 

 

 

39 

 

Other intangible assets

 

 

 

 

 

 

 

Securitized regulatory assets

 

 

83 

 

 

75 

 

 

63 

 

Other regulatory assets

 

 

 

 

 

 

 

Total depreciation and amortization expense

 

$

744 

 

$

678 

 

$

622 

 

 

Schedule of Finite-Lived Intangible Assets by Major Class Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

December 31, 2015

 

December 31, 2014

 

Description

Amortization 
Life in Years 

 

Gross Cost1

Accumulated 
Amortization 

 

Gross Cost1

Accumulated 
Amortization 

 

CMS Energy, including Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

734 

 

$

294 

 

 

$

596 

 

$

223 

 

Rights of way

 

50 

-

75 

 

 

 

153 

 

 

46 

 

 

 

150 

 

 

44 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

15 

 

 

 

Leasehold improvements

 

various2

 

 

 

 

 

 

 

 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

15 

 

 

 

21 

 

 

14 

 

Total

 

 

 

 

 

 

$

930 

 

$

368 

 

 

$

787 

 

$

293 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

-

15 

 

 

$

729 

 

$

291 

 

 

$

594 

 

$

221 

 

Rights of way

 

50 

-

75 

 

 

 

153 

 

 

46 

 

 

 

150 

 

 

44 

 

Franchises and consents

 

-

30 

 

 

 

15 

 

 

 

 

 

15 

 

 

 

Leasehold improvements

 

various2

 

 

 

 

 

 

 

 

 

 

 

Other intangibles

 

various 

 

 

 

21 

 

 

15 

 

 

 

21 

 

 

14 

 

Total

 

 

 

 

 

 

$

925 

 

$

365 

 

 

$

785 

 

$

291 

 

 

1

Net intangible asset additions for Consumers’ utility plant were $140 million during 2015 and $96 million during 2014 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.

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

 

$

1,078 

 

 

$

245 

 

 

$

200 

 

Accumulated depreciation

 

 

(542)

 

 

 

(151)

 

 

 

(63)

 

Construction work in progress

 

 

494 

 

 

 

157 

 

 

 

 

Net investment

 

$

1,030 

 

 

$

251 

 

 

$

141