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Consolidated Statements of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Operating Revenue $ 1,364 $ 1,340 $ 3,419 $ 3,307
Operating Expenses        
Fuel for electric generation 153 151 305 289
Purchased and interchange power 303 314 603 592
Purchased power - related parties 20 21 41 42
Cost of gas sold 220 178 988 956
Maintenance and other operating expenses 288 296 567 571
Depreciation and amortization 122 131 284 303
General taxes 51 41 118 107
Insurance settlement 0 (50) 0 (50)
Gain on asset sales, net 0 (4) 0 (4)
Total operating expenses 1,157 1,078 2,906 2,806
Operating Income 207 262 513 501
Other Income (Expense)        
Interest income 2 4 4 9
Allowance for equity funds used during construction 2 2 3 3
Income from equity method investees 2 2 6 5
Other income 5 9 9 18
Other expense (3) (3) (5) (5)
Total other income 8 14 17 30
Interest Charges        
Interest on long-term debt 99 98 199 196
Other interest expense 6 20 12 28
Allowance for borrowed funds used during construction (1) (1) (2) (2)
Total interest charges 104 117 209 222
Income Before Income Taxes 111 159 321 309
Income Tax Expense 10 59 87 120
Income from Continuing Operations 101 100 234 189
Income (Loss) From Discontinued Operations, Net of Tax 0 (16) 2 (17)
Net Income 101 84 236 172
Income Attributable to Noncontrolling Interests 1 2 1 2
Net Income Attributable to CMS Energy 100 82 235 170
Preferred Stock Dividends 0 2 0 5
Net Income Available to Common Stockholders 100 80 235 165
Net Income Attributable to Common Stockholders        
Amounts Attributable to Continuing Operations 100 96 233 182
Amounts Attributable to Discontinued Operations 0 (16) 2 (17)
Net Income Available to Common Stockholders 100 80 235 165
Income Attributable to Noncontrolling Interests        
Amounts Attributable to Continuing Operations 1 2 1 2
Loss from Discontinued Operations 0 0 0 0
Income Attributable to Noncontrolling Interests 1 2 1 2
Basic Earnings Per Average Common Share        
Basic Earnings from Continuing Operations $ 0.40 $ 0.42 $ 0.93 $ 0.80
Basic Earnings (Loss) from Discontinued Operations $ 0.00 $ (0.07) $ 0.01 $ (0.08)
Basic Earnings Attributable to Common Stock $ 0.40 $ 0.35 $ 0.94 $ 0.72
Diluted Earnings Per Average Common Share        
Diluted Earnings from Continuing Operations $ 0.38 $ 0.39 $ 0.89 $ 0.74
Diluted Earnings (Loss) from Discontinued Operations $ 0.00 $ (0.07) $ 0.01 $ (0.07)
Diluted Earnings Attributable to Common Stock $ 0.38 $ 0.32 $ 0.90 $ 0.67
Dividends Declared Per Common Share $ 0.21 $ 0.15 $ 0.42 $ 0.3
Consumers Energy Company [Member]
       
Operating Revenue 1,303 1,276 3,291 3,166
Operating Expenses        
Fuel for electric generation 138 125 267 250
Purchased and interchange power 299 310 592 587
Purchased power - related parties 19 20 40 41
Cost of gas sold 197 163 950 909
Maintenance and other operating expenses 273 281 538 543
Depreciation and amortization 121 130 282 301
General taxes 49 40 115 104
Total operating expenses 1,096 1,069 2,784 2,735
Operating Income 207 207 507 431
Other Income (Expense)        
Interest income 2 4 4 9
Allowance for equity funds used during construction 2 2 3 3
Other income 5 9 13 18
Other expense (3) (3) (5) (5)
Total other income 6 12 15 25
Interest Charges        
Interest on long-term debt 63 60 126 123
Other interest expense 5 19 9 25
Allowance for borrowed funds used during construction (1) (1) (2) (2)
Total interest charges 67 78 133 146
Income Before Income Taxes 146 141 389 310
Income Tax Expense 54 53 144 115
Net Income 92 88 245 195
Preferred Stock Dividends 1 1 1 1
Net Income Available to Common Stockholders 91 87 244 194
Net Income Attributable to Common Stockholders        
Net Income Available to Common Stockholders $ 91 $ 87 $ 244 $ 194