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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 418 $ 235
Restricted cash and cash equivalents 17 19
Accounts receivable and accrued revenue, less allowance 666 821
Notes receivable, less allowance 193 180
Notes receivable held for sale 18 39
Accounts receivable - related parties 12 12
Inventories at average cost    
Gas in underground storage 395 446
Materials and supplies 121 119
Generating plant fuel stock 66 61
Deferred property taxes 179 250
Regulatory assets 9 17
Prepayments and other current assets 117 81
Total current assets 2,211 2,280
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,628 21,010
Less accumulated depreciation and amortization 6,311 6,056
Plant, property, and equipment, net 15,317 14,954
Construction work in progress 802 761
Total plant, property, and equipment 16,119 15,715
Other Non-current Assets    
Regulatory assets 2,050 2,091
Accounts and notes receivable 1,125 1,118
Investments 68 65
Other 294 353
Total other non-current assets 3,537 3,627
Total Assets 21,867 21,622
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 840 886
Notes payable   398
Accounts payable 599 598
Accounts payable - related parties 9 12
Accrued rate refunds 77 21
Accrued interest 104 98
Accrued taxes 256 348
Regulatory liabilities 85 95
Other current liabilities 145 199
Total current liabilities 2,115 2,655
Non-current Liabilities    
Long-term debt 9,091 8,640
Non-current portion of capital leases and financing obligation 99 110
Regulatory liabilities 2,054 2,041
Postretirement benefits 770 789
Asset retirement obligations 452 447
Deferred investment tax credit 89 73
Deferred income taxes 2,422 2,287
Other non-current liabilities 289 290
Total non-current liabilities 15,266 14,677
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 3 3
Other paid-in capital 5,006 4,916
Accumulated other comprehensive loss (48) (50)
Retained earnings (Accumulated deficit) (512) (616)
Total common stockholders' equity 4,449 4,253
Noncontrolling interests 37 37
Total equity 4,486 4,290
Total Liabilities and Equity 21,867 21,622
Consumers Energy Company [Member]    
Current Assets    
Cash and cash equivalents 343 131
Restricted cash and cash equivalents 17 19
Accounts receivable and accrued revenue, less allowance 648 800
Notes receivable, less allowance 30 29
Accounts receivable - related parties 2 9
Inventories at average cost    
Gas in underground storage 395 446
Materials and supplies 116 114
Generating plant fuel stock 63 57
Deferred property taxes 179 250
Regulatory assets 9 17
Prepayments and other current assets 110 70
Total current assets 1,912 1,942
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,451 20,838
Less accumulated depreciation and amortization 6,246 5,994
Plant, property, and equipment, net 15,205 14,844
Construction work in progress 801 759
Total plant, property, and equipment 16,006 15,603
Other Non-current Assets    
Regulatory assets 2,050 2,091
Accounts and notes receivable 28 27
Investments 20 33
Other 189 250
Total other non-current assets 2,287 2,401
Total Assets 20,205 19,946
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 394 397
Notes payable   398
Accounts payable 580 580
Accounts payable - related parties 15 18
Accrued rate refunds 77 21
Accrued interest 67 67
Accrued taxes 257 354
Regulatory liabilities 85 95
Other current liabilities 108 164
Total current liabilities 1,583 2,094
Non-current Liabilities    
Long-term debt 5,339 5,253
Non-current portion of capital leases and financing obligation 99 110
Regulatory liabilities 2,054 2,041
Postretirement benefits 712 730
Asset retirement obligations 451 446
Deferred investment tax credit 89 73
Deferred income taxes 3,197 3,042
Other non-current liabilities 219 218
Total non-current liabilities 12,160 11,913
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 841 841
Other paid-in capital 4,449 3,999
Accumulated other comprehensive loss (8) (3)
Retained earnings (Accumulated deficit) 1,143 1,065
Total common stockholders' equity 6,425 5,902
Preferred stock 37 37
Total equity 6,462 5,939
Total Liabilities and Equity $ 20,205 $ 19,946