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Consolidated Statements Of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Revenue $ 1,801 $ 2,111
Operating Expenses    
Fuel for electric generation 125 167
Purchased and interchange power 346 349
Purchased power - related parties 22 23
Cost of gas sold 354 589
Maintenance and other operating expenses 293 283
Depreciation and amortization 238 222
General taxes 87 81
Total operating expenses 1,465 1,714
Operating Income 336 397
Other Income (Expense)    
Interest income 1 1
Allowance for equity funds used during construction 3 2
Income from equity method investees 4 4
Other income 3 3
Other expense (3) (4)
Total other income (expense) 8 6
Interest Charges    
Interest on long-term debt 100 96
Other interest expense 7 6
Allowance for borrowed funds used during construction (1) (1)
Total interest charges 106 101
Income Before Income Taxes 238 302
Income Tax Expense 74 100
Net Income $ 164 $ 202
Basic Earnings Per Average Common Share $ 0.59 $ 0.73
Diluted Earnings Per Average Common Share 0.59 0.73
Dividends declared per common share $ 0.31 $ 0.29
Consumers Energy Company [Member]    
Operating Revenue $ 1,723 $ 2,028
Operating Expenses    
Fuel for electric generation 99 133
Purchased and interchange power 343 346
Purchased power - related parties 22 23
Cost of gas sold 351 583
Maintenance and other operating expenses 269 265
Depreciation and amortization 237 220
General taxes 85 79
Total operating expenses 1,406 1,649
Operating Income 317 379
Other Income (Expense)    
Interest income 1 1
Allowance for equity funds used during construction 3 2
Other income 3 12
Other expense (3) (4)
Total other income (expense) 4 11
Interest Charges    
Interest on long-term debt 65 63
Other interest expense 3 3
Allowance for borrowed funds used during construction (1) (1)
Total interest charges 67 65
Income Before Income Taxes 254 325
Income Tax Expense 82 110
Net Income $ 172 $ 215