Financings And Capitalization (Tables)

6 Months Ended

Jun. 30, 2016

Summary Of Major Long-Term Debt Transactions

	Principal					Issue
	(In Millions)			Interest Rate		Date	Maturity Date
Debt issuances
CMS Energy, parent only
Senior notes		$	300	3.000	%	May 2016	May 2026
Total debt issuances		$	300

Revolving Credit Facilities

In Millions
							Letters of Credit
Expiration Date	Amount of Facility			Amount Borrowed			Outstanding			Amount Available
CMS Energy, parent only
May 27, 20211,2		$	550		$	-		$	1		$	549
Consumers
May 27, 20211,3		$	650		$	-		$	7		$	643
November 23, 20173			250			-			-			250
May 9, 20183			30			-			30			-

¹ In May 2016, the expiration date of this revolving credit agreement was extended from 2020 to 2021.

² During the six months ended June 30, 2016, CMS Energy’s average borrowings totaled $5 million with a weighted-average interest rate of 1.68 percent. Obligations under this facility are secured by Consumers common stock.

³ Obligations under this facility are secured by first mortgage bonds of Consumers.

Issuance Of Stock

	Number of	Average			Proceeds
	Shares Issued	Price per Share			(In Millions)
April – July 2015	888,610		$	33.76		$	30
March 2016	1,449,171			41.40			60
Total	2,337,781		$	38.50		$	90

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 only
May 27, 20211,2		$	550		$	-		$	1		$	549
Consumers
May 27, 20211,3		$	650		$	-		$	7		$	643
November 23, 20173			250			-			-			250
May 9, 20183			30			-			30			-

¹ In May 2016, the expiration date of this revolving credit agreement was extended from 2020 to 2021.

² During the six months ended June 30, 2016, CMS Energy’s average borrowings totaled $5 million with a weighted-average interest rate of 1.68 percent. Obligations under this facility are secured by Consumers common stock.

³ Obligations under this facility are secured by first mortgage bonds of Consumers.