XML 47 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
Financings And Capitalization (Tables)
3 Months Ended
Mar. 31, 2016
Revolving Credit Facilities



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  



 

 

Letters of Credit 

 

Expiration Date

Amount of Facility 

Amount Borrowed 

Outstanding 

Amount Available 

 

CMS Energy parent

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20201

 

$

550 

 

$

 -

 

$

 

$

549 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20202

 

$

650 

 

$

 -

 

$

 

$

643 

 

November 23, 20172

 

 

250 

 

 

 -

 

 

 -

 

 

250 

 

May 9, 20182

 

 

30 

 

 

 -

 

 

30 

 

 

 -

 



1

During the three months ended March 31, 2016, CMS Energy’s average borrowings totaled $10 million with a weighted-average interest rate of 1.68 percent.  Obligations under this facility are secured by Consumers common stock.

2

Obligations under this facility are secured by first mortgage bonds of Consumers.

Issuance Of Stock



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Number of 

Average 

Proceeds 

 



Shares Issued 

Price per Share 

(In Millions)

 

April – July 2015

888,610 

 

$

33.76 

 

$

30 

 

March 2016

1,449,171 

 

 

41.40 

 

 

60 

 

Total

2,337,781 

 

$

38.50 

 

$

90 

 



Consumers Energy Company [Member]  
Revolving Credit Facilities



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  



 

 

Letters of Credit 

 

Expiration Date

Amount of Facility 

Amount Borrowed 

Outstanding 

Amount Available 

 

CMS Energy parent

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20201

 

$

550 

 

$

 -

 

$

 

$

549 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20202

 

$

650 

 

$

 -

 

$

 

$

643 

 

November 23, 20172

 

 

250 

 

 

 -

 

 

 -

 

 

250 

 

May 9, 20182

 

 

30 

 

 

 -

 

 

30 

 

 

 -

 



1

During the three months ended March 31, 2016, CMS Energy’s average borrowings totaled $10 million with a weighted-average interest rate of 1.68 percent.  Obligations under this facility are secured by Consumers common stock.

2

Obligations under this facility are secured by first mortgage bonds of Consumers.