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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 161 $ 247
Restricted cash and cash equivalents 27 23
Accounts receivable and accrued revenue, less allowances 869 981
Notes receivable 49 70
Accounts receivable - related parties 10 10
Accrued power supply revenue 0 15
Inventories at average cost    
Gas in underground storage 929 946
Materials and supplies 92 104
Generating plant fuel stock 166 125
Deferred income taxes 24 0
Deferred property taxes 187 180
Regulatory assets 1 19
Assets held for sale 0 2
Prepayments and other current assets 50 37
Total current assets 2,565 2,759
Plant, Property, and Equipment (at cost)    
Plant, property, and equipment, gross 14,751 14,145
Less accumulated depreciation and amortization 4,901 4,646
Plant, property and equipment, net 9,850 9,499
Construction work in progress 783 570
Total plant, property, and equipment 10,633 [1] 10,069 [1]
Other Non-current Assets    
Regulatory assets 2,466 2,093
Accounts and notes receivable, less allowances 462 397
Investments 50 49
Assets held for sale    4
Other 276 245
Total other non-current assets 3,254 2,788
Total Assets 16,452 [2] 15,616 [2]
Liabilities and Equity    
Current portion of long-term debt, capital and finance lease obligations 1,057 750
Accounts payable 575 492
Accounts payable - related parties 9 9
Accrued rate refunds 30 19
Accrued interest 101 102
Accrued taxes 282 302
Deferred income taxes 0 180
Regulatory liabilities 125 22
Liabilities held for sale    1
Other current liabilities 159 144
Total current liabilities 2,338 2,021
Non-current Liabilities    
Long-term debt 6,040 6,448
Non-current portion of capital and finance lease obligations 167 188
Regulatory liabilities 1,875 1,988
Postretirement benefits 1,289 1,135
Asset retirement obligations 254 245
Deferred investment tax credit 46 49
Deferred income taxes 1,035 438
Other non-current liabilities 336 267
Total non-current liabilities 11,042 10,758
Commitments and Contingencies (Notes 5,6,7,9, and 10)      
Equity    
Common stock 3 2
Other paid-in capital 4,627 4,588
Accumulated other comprehensive loss (49) (40)
Retained earnings (Accumulated deficit) (1,553) (1,757)
Total common stockholders' equity 3,028 2,793
Noncontrolling interests 44 44
Total equity 3,072 2,837
Total Liabilities and Equity 16,452 15,616
Consumers Energy Company [Member]
   
Assets    
Cash and cash equivalents 85 71
Restricted cash and cash equivalents 26 23
Accounts receivable and accrued revenue, less allowances 860 963
Notes receivable 23 55
Accounts receivable - related parties 1 1
Accrued power supply revenue 0 15
Inventories at average cost    
Gas in underground storage 929 941
Materials and supplies 88 100
Generating plant fuel stock 164 124
Deferred property taxes 187 180
Regulatory assets 1 19
Prepayments and other current assets 43 27
Total current assets 2,407 2,519
Plant, Property, and Equipment (at cost)    
Plant, property, and equipment, gross 14,621 14,022
Less accumulated depreciation and amortization 4,846 4,593
Plant, property and equipment, net 9,775 9,429
Construction work in progress 782 566
Total plant, property, and equipment 10,557 [1] 9,995 [1]
Other Non-current Assets    
Regulatory assets 2,466 2,093
Accounts and notes receivable, less allowances 1 22
Investments 35 34
Other 196 176
Total other non-current assets 2,698 2,325
Total Assets 15,662 [2] 14,839 [2]
Liabilities and Equity    
Current portion of long-term debt, capital and finance lease obligations 363 61
Accounts payable 561 471
Accounts payable - related parties 11 11
Accrued rate refunds 30 19
Accrued interest 73 74
Accrued taxes 287 199
Deferred income taxes 73 209
Regulatory liabilities 125 22
Other current liabilities 119 95
Total current liabilities 1,642 1,161
Non-current Liabilities    
Long-term debt 3,987 4,488
Non-current portion of capital and finance lease obligations 167 188
Regulatory liabilities 1,875 1,988
Postretirement benefits 1,225 1,076
Asset retirement obligations 253 244
Deferred investment tax credit 46 49
Deferred income taxes 1,817 1,289
Other non-current liabilities 256 176
Total non-current liabilities 9,626 9,498
Commitments and Contingencies (Notes 5,6,7,9, and 10)      
Equity    
Common stock 841 841
Other paid-in capital 2,957 2,832
Accumulated other comprehensive loss (2) 0
Retained earnings (Accumulated deficit) 554 463
Total common stockholders' equity 4,350 4,136
Preferred stock 44 44
Total equity 4,394 4,180
Total Liabilities and Equity $ 15,662 $ 14,839
[1] For the year ended December 31, 2011, utility plant additions were $700 million and utility plant retirements were $104 million. For the year ended December 31, 2010, utility plant additions were $783 million and utility plant retirements were $85 million.
[2] Amounts include a portion of Consumers' other common assets attributable to both the electric and gas utility businesses.