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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 433 $ 235
Restricted cash and cash equivalents 30 19
Accounts receivable and accrued revenue, less allowance 775 821
Notes receivable, less allowance 186 180
Notes receivable held for sale 19 39
Accounts receivable - related parties 12 12
Inventories at average cost    
Gas in underground storage 243 446
Materials and supplies 118 119
Generating plant fuel stock 64 61
Deferred property taxes 203 250
Regulatory assets 12 17
Prepayments and other current assets 120 81
Total current assets 2,215 2,280
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,265 21,010
Less accumulated depreciation and amortization 6,206 6,056
Plant, property, and equipment, net 15,059 14,954
Construction work in progress 798 761
Total plant, property, and equipment 15,857 15,715
Other Non-current Assets    
Regulatory assets 2,072 2,091
Accounts and notes receivable 1,092 1,118
Investments 66 65
Other 321 353
Total other non-current assets 3,551 3,627
Total Assets 21,623 21,622
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 812 886
Notes payable   398
Accounts payable 479 598
Accounts payable - related parties 9 12
Accrued rate refunds 73 21
Accrued interest 73 98
Accrued taxes 260 348
Regulatory liabilities 85 95
Other current liabilities 135 199
Total current liabilities 1,926 2,655
Non-current Liabilities    
Long-term debt 9,129 8,640
Non-current portion of capital leases and financing obligation 104 110
Regulatory liabilities 2,068 2,041
Postretirement benefits 781 789
Asset retirement obligations 451 447
Deferred investment tax credit 72 73
Deferred income taxes 2,390 2,287
Other non-current liabilities 295 290
Total non-current liabilities 15,290 14,677
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 3 3
Other paid-in capital 4,927 4,916
Accumulated other comprehensive loss (49) (50)
Retained earnings (Accumulated deficit) (511) (616)
Total common stockholders' equity 4,370 4,253
Noncontrolling interests 37 37
Total equity 4,407 4,290
Total Liabilities and Equity 21,623 21,622
Consumers Energy Company [Member]    
Current Assets    
Cash and cash equivalents 182 131
Restricted cash and cash equivalents 30 19
Accounts receivable and accrued revenue, less allowance 755 800
Notes receivable, less allowance 29 29
Accounts receivable - related parties 2 9
Inventories at average cost    
Gas in underground storage 243 446
Materials and supplies 113 114
Generating plant fuel stock 63 57
Deferred property taxes 203 250
Regulatory assets 12 17
Prepayments and other current assets 114 70
Total current assets 1,746 1,942
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,092 20,838
Less accumulated depreciation and amortization 6,143 5,994
Plant, property, and equipment, net 14,949 14,844
Construction work in progress 794 759
Total plant, property, and equipment 15,743 15,603
Other Non-current Assets    
Regulatory assets 2,072 2,091
Accounts and notes receivable 25 27
Investments 20 33
Other 218 250
Total other non-current assets 2,335 2,401
Total Assets 19,824 19,946
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 327 397
Notes payable   398
Accounts payable 465 580
Accounts payable - related parties 13 18
Accrued rate refunds 73 21
Accrued interest 47 67
Accrued taxes 291 354
Regulatory liabilities 85 95
Other current liabilities 99 164
Total current liabilities 1,400 2,094
Non-current Liabilities    
Long-term debt 5,419 5,253
Non-current portion of capital leases and financing obligation 104 110
Regulatory liabilities 2,068 2,041
Postretirement benefits 723 730
Asset retirement obligations 450 446
Deferred investment tax credit 72 73
Deferred income taxes 3,119 3,042
Other non-current liabilities 223 218
Total non-current liabilities 12,178 11,913
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 841 841
Other paid-in capital 4,249 3,999
Accumulated other comprehensive loss (9) (3)
Retained earnings (Accumulated deficit) 1,128 1,065
Total common stockholders' equity 6,209 5,902
Preferred stock 37 37
Total equity 6,246 5,939
Total Liabilities and Equity $ 19,824 $ 19,946