Cash And Cash Equivalents

9 Months Ended

Sep. 30, 2017

Cash And Cash Equivalents

11:Cash and Cash Equivalents

Presented in the following table are the components of total cash and cash equivalents, including restricted amounts, and their location on CMS Energy’s and Consumers’ consolidated balance sheets:

In Millions
	September 30			December 31
	2017			2016
CMS Energy, including Consumers
Cash and cash equivalents		$	142		$	235
Restricted cash and cash equivalents			27			19
Other non-current assets			4			3
Cash and cash equivalents, including restricted amounts		$	173		$	257
Consumers
Cash and cash equivalents		$	55		$	131
Restricted cash and cash equivalents			27			19
Other non-current assets			3			2
Cash and cash equivalents, including restricted amounts		$	85		$	152

Cash and Cash Equivalents: Cash and cash equivalents include short-term, highly liquid investments with original maturities of three months or less.

Restricted Cash and Cash Equivalents: Restricted cash and cash equivalents are held primarily for the repayment of securitization bonds. Cash and cash equivalents may also be restricted to pay other contractual obligations such as leasing of coal rail cars. These amounts are classified as current assets since they relate to payments that could or will occur within one year.

Other Non‑current Assets: The cash equivalents classified as other non‑current assets represent an investment in a money market fund held in the DBSERP rabbi trust. See Note 5, Fair Value Measurements for more information regarding the DB SERP.

Implementation of ASU2016‑18, Restricted Cash: CMS Energy and Consumers have early adopted the provisions of ASU2016‑18, Restricted Cash, which requires restricted cash and cash equivalents to be included with cash and cash equivalents when reconciling beginning-of-period and end-of-period amounts shown on the statement of cash flows. In addition, the standard requires that entities apply the new guidance retrospectively to all prior periods presented. Accordingly, CMS Energy and Consumers made the following adjustments to prior-period amounts on their consolidated statements of cash flows:

In Millions
Nine Months Ended September 30	2016
CMS Energy, including Consumers
Change in:
Net cash used in investing activities		$	7
Cash and cash equivalents, including restricted amounts, end of period			29
Consumers
Change in:
Net cash used in investing activities		$	8
Cash and cash equivalents, including restricted amounts, end of period			29

Consumers Energy Company [Member]

Cash And Cash Equivalents

11:Cash and Cash Equivalents

Presented in the following table are the components of total cash and cash equivalents, including restricted amounts, and their location on CMS Energy’s and Consumers’ consolidated balance sheets:

In Millions
	September 30			December 31
	2017			2016
CMS Energy, including Consumers
Cash and cash equivalents		$	142		$	235
Restricted cash and cash equivalents			27			19
Other non-current assets			4			3
Cash and cash equivalents, including restricted amounts		$	173		$	257
Consumers
Cash and cash equivalents		$	55		$	131
Restricted cash and cash equivalents			27			19
Other non-current assets			3			2
Cash and cash equivalents, including restricted amounts		$	85		$	152

Cash and Cash Equivalents: Cash and cash equivalents include short-term, highly liquid investments with original maturities of three months or less.

Restricted Cash and Cash Equivalents: Restricted cash and cash equivalents are held primarily for the repayment of securitization bonds. Cash and cash equivalents may also be restricted to pay other contractual obligations such as leasing of coal rail cars. These amounts are classified as current assets since they relate to payments that could or will occur within one year.

Other Non‑current Assets: The cash equivalents classified as other non‑current assets represent an investment in a money market fund held in the DBSERP rabbi trust. See Note 5, Fair Value Measurements for more information regarding the DB SERP.

Implementation of ASU2016‑18, Restricted Cash: CMS Energy and Consumers have early adopted the provisions of ASU2016‑18, Restricted Cash, which requires restricted cash and cash equivalents to be included with cash and cash equivalents when reconciling beginning-of-period and end-of-period amounts shown on the statement of cash flows. In addition, the standard requires that entities apply the new guidance retrospectively to all prior periods presented. Accordingly, CMS Energy and Consumers made the following adjustments to prior-period amounts on their consolidated statements of cash flows:

In Millions
Nine Months Ended September 30	2016
CMS Energy, including Consumers
Change in:
Net cash used in investing activities		$	7
Cash and cash equivalents, including restricted amounts, end of period			29
Consumers
Change in:
Net cash used in investing activities		$	8
Cash and cash equivalents, including restricted amounts, end of period			29