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Consolidated Statements Of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Revenue $ 6,399 $ 6,456 $ 7,179
Operating Expenses      
Fuel for electric generation 499 593 673
Purchased and interchange power 1,508 1,406 1,602
Purchased power - related parties 86 83 90
Cost of gas sold 710 961 1,493
Maintenance and other operating expenses 1,207 1,238 1,232
Depreciation and amortization 811 750 685
General taxes 281 262 252
Total operating expenses 5,102 5,293 6,027
Operating Income 1,297 1,163 1,152
Other Income (Expense)      
Interest income 6 12 5
Allowance for equity funds used during construction 12 10 8
Income from equity method investees [1] 13 14 15
Other income 8 10 11
Other expense (75) (17) (55)
Total other income (36) 29 (16)
Interest Charges      
Interest on long-term debt 411 386 393
Other interest expense 29 14 17
Allowance for borrowed funds used during construction (5) (4) (3)
Total interest charges 435 396 407
Income Before Income Taxes 826 796 729
Income Tax Expense 273 271 250
Net Income 553 525 479
Income Attributable to Noncontrolling Interests 2 2 2
Net Income Available to Common Stockholders $ 551 $ 523 $ 477
Basic Earnings Per Average Common Share $ 1.99 $ 1.90 $ 1.76
Diluted Earnings Per Average Common Share $ 1.98 $ 1.89 $ 1.74
Consumers Energy Company [Member]      
Operating Revenue $ 6,064 $ 6,165 $ 6,800
Operating Expenses      
Fuel for electric generation 393 497 567
Purchased and interchange power 1,486 1,376 1,564
Purchased power - related parties 88 83 89
Cost of gas sold 693 939 1,375
Maintenance and other operating expenses 1,090 1,149 1,146
Depreciation and amortization 803 744 678
General taxes 277 255 246
Total operating expenses 4,830 5,043 5,665
Operating Income 1,234 1,122 1,135
Other Income (Expense)      
Interest income 4 11 4
Interest and dividend income - related parties 1 1 1
Allowance for equity funds used during construction 12 10 8
Other income 8 19 10
Other expense (55) (17) (35)
Total other income (30) 24 (12)
Interest Charges      
Interest on long-term debt 261 252 243
Other interest expense 12 2 10
Allowance for borrowed funds used during construction (5) (4) (3)
Total interest charges 268 250 250
Income Before Income Taxes 936 896 873
Income Tax Expense 320 302 306
Net Income 616 594 567
Preferred Stock Dividends 2 2 2
Net Income Available to Common Stockholders $ 614 $ 592 $ 565
[1] Consumers had no significant equity method investments.