Revenue (Tables)

3 Months Ended

Mar. 31, 2022

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Presented in the following tables are the components of operating revenue:

In Millions
Three Months Ended March 31, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,238		$	1,047		$	—		$	2,285
Other		—			—			33			33
Revenue recognized from contracts with customers		$	1,238		$	1,047		$	33		$	2,318
Leasing income		—			—			58			58
Financing income		3			2			—			5
Consumers alternative-revenue programs		—			(7)			—			(7)
Total operating revenue – CMS Energy		$	1,241		$	1,042		$	91		$	2,374
Consumers
Consumers utility revenue
Residential		$	591		$	740					$	1,331
Commercial		384			221						605
Industrial		168			28						196
Other		95			58						153
Revenue recognized from contracts with customers		$	1,238		$	1,047					$	2,285
Financing income		3			2						5
Alternative-revenue programs		—			(7)						(7)
Total operating revenue – Consumers		$	1,241		$	1,042					$	2,283

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $44 million for the three months ended March 31, 2022.

In Millions
Three Months Ended March 31, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,131		$	801		$	—		$	1,932
Other		—			—			30			30
Revenue recognized from contracts with customers		$	1,131		$	801		$	30		$	1,962
Leasing income		—			—			46			46
Financing income		3			2			—			5
Total operating revenue – CMS Energy		$	1,134		$	803		$	76		$	2,013
Consumers
Consumers utility revenue
Residential		$	568		$	554					$	1,122
Commercial		345			163						508
Industrial		138			23						161
Other		80			61						141
Revenue recognized from contracts with customers		$	1,131		$	801					$	1,932
Financing income		3			2						5
Total operating revenue – Consumers		$	1,134		$	803					$	1,937

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $33 million for the three months ended March 31, 2021.

Consumers Energy Company

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue

Presented in the following tables are the components of operating revenue:

In Millions
Three Months Ended March 31, 2022	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,238		$	1,047		$	—		$	2,285
Other		—			—			33			33
Revenue recognized from contracts with customers		$	1,238		$	1,047		$	33		$	2,318
Leasing income		—			—			58			58
Financing income		3			2			—			5
Consumers alternative-revenue programs		—			(7)			—			(7)
Total operating revenue – CMS Energy		$	1,241		$	1,042		$	91		$	2,374
Consumers
Consumers utility revenue
Residential		$	591		$	740					$	1,331
Commercial		384			221						605
Industrial		168			28						196
Other		95			58						153
Revenue recognized from contracts with customers		$	1,238		$	1,047					$	2,285
Financing income		3			2						5
Alternative-revenue programs		—			(7)						(7)
Total operating revenue – Consumers		$	1,241		$	1,042					$	2,283

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $44 million for the three months ended March 31, 2022.

In Millions
Three Months Ended March 31, 2021	Electric Utility			Gas Utility			Enterprises1			Consolidated
CMS Energy, including Consumers
Consumers utility revenue		$	1,131		$	801		$	—		$	1,932
Other		—			—			30			30
Revenue recognized from contracts with customers		$	1,131		$	801		$	30		$	1,962
Leasing income		—			—			46			46
Financing income		3			2			—			5
Total operating revenue – CMS Energy		$	1,134		$	803		$	76		$	2,013
Consumers
Consumers utility revenue
Residential		$	568		$	554					$	1,122
Commercial		345			163						508
Industrial		138			23						161
Other		80			61						141
Revenue recognized from contracts with customers		$	1,131		$	801					$	1,932
Financing income		3			2						5
Total operating revenue – Consumers		$	1,134		$	803					$	1,937

1Amounts represent the enterprises segment’s operating revenue from independent power production and its sales of energy commodities. The enterprises segment’s sales of energy commodities are accounted for as operating leases. In addition to fixed payments, these agreements have variable payments based on energy delivered. The enterprises segment’s leasing income included variable lease payments of $33 million for the three months ended March 31, 2021.