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Consolidated Statements Of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Revenue $ 1,350 $ 1,468 $ 3,461 $ 3,991
Operating Expenses        
Fuel for electric generation 134 154 301 373
Purchased and interchange power 341 359 690 857
Purchased power - related parties 17 22 40 46
Cost of gas sold 113 187 702 1,021
Maintenance and other operating expenses 312 304 595 570
Depreciation and amortization 169 151 391 350
General taxes 60 56 141 131
Total operating expenses 1,146 1,233 2,860 3,348
Operating Income 204 235 601 643
Other Income (Expense)        
Interest income 1 1 2 1
Allowance for equity funds used during construction 2 2 4 4
Income from equity method investees 1 3 5 7
Other income 3 3 6 6
Other expense (4) (16) (8) (23)
Total other income (expense) 3 (7) 9 (5)
Interest Charges        
Interest on long-term debt 97 99 193 196
Other interest expense 7 3 13 8
Allowance for borrowed funds used during construction (1) (1) (2) (2)
Total interest charges 103 101 204 202
Income (Loss) Before Income Taxes 104 127 406 436
Income Tax Expense (Benefit) 36 43 136 148
Net Income (Loss) 68 84 270 288
Income attributable to noncontrolling interests 1 1 1 1
Net Income (Loss) Available to Common Stockholders $ 67 $ 83 $ 269 $ 287
Basic Earnings Per Average Common Share $ 0.25 $ 0.31 $ 0.98 $ 1.07
Diluted Earnings Per Average Common Share 0.25 0.30 0.98 1.05
Dividends declared per common share $ 0.29 $ 0.27 $ 0.58 $ 0.54
Consumers Energy Company [Member]        
Operating Revenue $ 1,281 $ 1,387 $ 3,309 $ 3,769
Operating Expenses        
Fuel for electric generation 110 132 243 318
Purchased and interchange power 337 348 683 832
Purchased power - related parties 17 22 40 46
Cost of gas sold 108 167 691 935
Maintenance and other operating expenses 291 288 556 538
Depreciation and amortization 168 149 388 346
General taxes 58 54 137 128
Total operating expenses 1,089 1,160 2,738 3,143
Operating Income 192 227 571 626
Other Income (Expense)        
Interest income 1 1 2 1
Allowance for equity funds used during construction 2 2 4 4
Other income 3 3 15 6
Other expense (4) (4) (8) (10)
Total other income (expense) 2 2 13 1
Interest Charges        
Interest on long-term debt 63 59 126 118
Other interest expense 4 2 7 5
Allowance for borrowed funds used during construction (1) (1) (2) (2)
Total interest charges 66 60 131 121
Income (Loss) Before Income Taxes 128 169 453 506
Income Tax Expense (Benefit) 44 60 154 176
Net Income (Loss) 84 109 299 330
Preferred Stock Dividends and Distribution 1 1 1 1
Net Income Attributable to Common Stockholder $ 83 $ 108 $ 298 $ 329