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Financings And Capitalization (Tables)
6 Months Ended
Jun. 30, 2015
Revolving Credit Facilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

Letters of Credit 

 

Expiration Date

Amount of Facility 

Amount Borrowed 

Outstanding 

Amount Available 

 

CMS Energy parent

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20201

 

$

550 

 

$

 -

 

$

 

$

547 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20202

 

$

650 

 

$

 -

 

$

10 

 

$

640 

 

May 9, 20182

 

 

30 

 

 

 -

 

 

30 

 

 

 -

 

 

1

During the six months ended June 30, 2015, CMS Energy’s average borrowings totaled $61 million with a weighted-average interest rate of 1.43 percent.  Obligations under this facility are secured by Consumers common stock.

2

Obligations under this facility are secured by FMBs of Consumers.

Issuance Of Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of 

Average 

Proceeds 

 

 

Shares Issued 

Price per Share 

(In Millions)

 

April – May 2015

587,181 

 

$

34.10 

 

$

20 

 

July 2-7, 2015

301,429 

 

 

33.10 

 

 

10 

 

Total

888,610 

 

$

33.76 

 

$

30 

 

 

Consumers Energy Company [Member]  
Revolving Credit Facilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

 

 

 

Letters of Credit 

 

Expiration Date

Amount of Facility 

Amount Borrowed 

Outstanding 

Amount Available 

 

CMS Energy parent

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20201

 

$

550 

 

$

 -

 

$

 

$

547 

 

Consumers

 

 

 

 

 

 

 

 

 

 

 

 

 

May 27, 20202

 

$

650 

 

$

 -

 

$

10 

 

$

640 

 

May 9, 20182

 

 

30 

 

 

 -

 

 

30 

 

 

 -

 

 

1

During the six months ended June 30, 2015, CMS Energy’s average borrowings totaled $61 million with a weighted-average interest rate of 1.43 percent.  Obligations under this facility are secured by Consumers common stock.

2

Obligations under this facility are secured by FMBs of Consumers.