Financings And Capitalization (Tables)

3 Months Ended

Mar. 31, 2018

Major Long-Term Debt Transactions

	Principal  (In Millions)			Interest Rate		Issue/Retirement  Date	Maturity Date
Debt issuances
CMS Energy, parent only
Junior subordinated notes1		$	200	5.625	%	March 2018	March 2078
Debt retirements
CMS Energy, parent only
Term loan facility		$	180	variable		March 2018	December 2018

1These unsecured obligations rank subordinate and junior in right of payment to all of CMS Energy’s existing and future senior indebtedness.

Revolving Credit Facilities

In Millions
Expiration Date	Amount of Facility			Amount Borrowed			Letters of Credit  Outstanding			Amount Available
CMS Energy, parent only
May 27, 20221		$	550		$	50		$	1		$	499
Consumers
May 27, 20222		$	650		$	-		$	7		$	643
November 23, 20192			250			-			15			235
September 9, 20192			30			-			30			-

1During the three months ended March 31, 2018, CMS Energy’s average borrowings totaled $34 million with a weighted-average interest rate of 2.75 percent. Obligations under this facility are secured by Consumers common stock.

2Obligations under this facility are secured by first mortgage bonds of Consumers.

Consumers Energy Company [Member]

Revolving Credit Facilities

In Millions
Expiration Date	Amount of Facility			Amount Borrowed			Letters of Credit  Outstanding			Amount Available
CMS Energy, parent only
May 27, 20221		$	550		$	50		$	1		$	499
Consumers
May 27, 20222		$	650		$	-		$	7		$	643
November 23, 20192			250			-			15			235
September 9, 20192			30			-			30			-

1During the three months ended March 31, 2018, CMS Energy’s average borrowings totaled $34 million with a weighted-average interest rate of 2.75 percent. Obligations under this facility are secured by Consumers common stock.

2Obligations under this facility are secured by first mortgage bonds of Consumers.