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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 142 $ 235
Restricted cash and cash equivalents 27 19
Accounts receivable and accrued revenue, less allowance 631 821
Notes receivable, less allowance 197 180
Notes receivable held for sale 31 39
Accounts receivable - related parties 12 12
Inventories at average cost    
Gas in underground storage 584 446
Materials and supplies 126 119
Generating plant fuel stock 77 61
Deferred property taxes 157 250
Regulatory assets 19 17
Prepayments and other current assets 118 81
Total current assets 2,121 2,280
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,966 21,010
Less accumulated depreciation and amortization 6,403 6,056
Plant, property, and equipment, net 15,563 14,954
Construction work in progress 881 761
Total plant, property, and equipment 16,444 15,715
Other Non-current Assets    
Regulatory assets 2,038 2,091
Accounts and notes receivable 1,177 1,118
Investments 71 65
Other 269 353
Total other non-current assets 3,555 3,627
Total Assets 22,120 21,622
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 980 886
Notes payable 230 398
Accounts payable 624 598
Accounts payable - related parties 8 12
Accrued rate refunds 35 21
Accrued interest 79 98
Accrued taxes 90 348
Regulatory liabilities 85 95
Other current liabilities 130 199
Total current liabilities 2,261 2,655
Non-current Liabilities    
Long-term debt 9,024 8,640
Non-current portion of capital leases and financing obligation 97 110
Regulatory liabilities 2,066 2,041
Postretirement benefits 760 789
Asset retirement obligations 443 447
Deferred investment tax credit 88 73
Deferred income taxes 2,501 2,287
Other non-current liabilities 308 290
Total non-current liabilities 15,287 14,677
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 3 3
Other paid-in capital 5,013 4,916
Accumulated other comprehensive loss (47) (50)
Retained earnings (Accumulated deficit) (434) (616)
Total common stockholders' equity 4,535 4,253
Noncontrolling interests 37 37
Total equity 4,572 4,290
Total Liabilities and Equity 22,120 21,622
Consumers Energy Company [Member]    
Current Assets    
Cash and cash equivalents 55 131
Restricted cash and cash equivalents 27 19
Accounts receivable and accrued revenue, less allowance 612 800
Notes receivable, less allowance 30 29
Accounts receivable - related parties 2 9
Inventories at average cost    
Gas in underground storage 584 446
Materials and supplies 121 114
Generating plant fuel stock 73 57
Deferred property taxes 157 250
Regulatory assets 19 17
Prepayments and other current assets 110 70
Total current assets 1,790 1,942
Plant, Property, and Equipment    
Plant, property, and equipment, gross 21,784 20,838
Less accumulated depreciation and amortization 6,335 5,994
Plant, property, and equipment, net 15,449 14,844
Construction work in progress 877 759
Total plant, property, and equipment 16,326 15,603
Other Non-current Assets    
Regulatory assets 2,038 2,091
Accounts and notes receivable 45 27
Investments 21 33
Other 160 250
Total other non-current assets 2,264 2,401
Total Assets 20,380 19,946
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 464 397
Notes payable 230 398
Accounts payable 601 580
Accounts payable - related parties 12 18
Accrued rate refunds 35 21
Accrued interest 48 67
Accrued taxes 111 354
Regulatory liabilities 85 95
Other current liabilities 93 164
Total current liabilities 1,679 2,094
Non-current Liabilities    
Long-term debt 5,275 5,253
Non-current portion of capital leases and financing obligation 97 110
Regulatory liabilities 2,066 2,041
Postretirement benefits 703 730
Asset retirement obligations 442 446
Deferred investment tax credit 88 73
Deferred income taxes 3,257 3,042
Other non-current liabilities 241 218
Total non-current liabilities 12,169 11,913
Commitments and Contingencies (Notes 2 and 3)
Common stockholder's equity    
Common stock 841 841
Other paid-in capital 4,449 3,999
Accumulated other comprehensive loss (8) (3)
Retained earnings (Accumulated deficit) 1,213 1,065
Total common stockholders' equity 6,495 5,902
Preferred stock 37 37
Total equity 6,532 5,939
Total Liabilities and Equity $ 20,380 $ 19,946