CMS Energy Quarterly Balance Sheets Chart
Quarterly
|
Annual
CMS Energy Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2009-12-31 | 2009-06-30 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents | 844,000,000 | 465,000,000 | 412,000,000 | 699,000,000 | 802,000,000 | 227,000,000 | 157,000,000 | 389,000,000 | 571,000,000 | 168,000,000 | 77,000,000 | 446,000,000 | 452,000,000 | 102,000,000 | 153,000,000 | 496,000,000 | 168,000,000 | 519,000,000 | 1,587,000,000 | 834,000,000 | 140,000,000 | 403,000,000 | 312,000,000 | 234,000,000 | 153,000,000 | 323,000,000 | 477,000,000 | 195,000,000 | 182,000,000 | 142,000,000 | 418,000,000 | 433,000,000 | 385,000,000 | 177,000,000 | 1,025,000,000 | |||||||||||||||
| restricted cash and cash equivalents | 81,000,000 | 61,000,000 | 55,000,000 | 90,000,000 | 59,000,000 | 21,000,000 | 27,000,000 | 17,000,000 | 27,000,000 | 27,000,000 | 19,000,000 | 28,000,000 | 24,000,000 | 30,000,000 | 18,000,000 | 28,000,000 | 17,000,000 | 39,000,000 | 17,000,000 | 27,000,000 | 17,000,000 | 29,000,000 | 22,000,000 | 33,000,000 | 21,000,000 | 42,000,000 | 17,000,000 | 26,000,000 | 17,000,000 | 27,000,000 | 17,000,000 | 30,000,000 | 18,000,000 | 28,000,000 | 31,000,000 | |||||||||||||||
| accounts receivable and accrued revenue, less allowance of 30 in 2025 and 23 in 2024 | 924,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable – related parties | 12,000,000 | 12,000,000 | 9,000,000 | 8,000,000 | 9,000,000 | 11,000,000 | 9,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 10,000,000 | 12,000,000 | 17,000,000 | 16,000,000 | 17,000,000 | 19,000,000 | 17,000,000 | 16,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 15,000,000 | 14,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | |||||||||||||||||||
| inventories at average cost | ||||||||||||||||||||||||||||||||||||||||||||||||||
| gas in underground storage | 402,000,000 | 247,000,000 | 536,000,000 | 419,000,000 | 326,000,000 | 587,000,000 | 725,000,000 | 570,000,000 | 437,000,000 | 1,057,000,000 | 606,000,000 | 233,000,000 | 462,000,000 | 556,000,000 | 318,000,000 | 195,000,000 | 353,000,000 | 420,000,000 | 285,000,000 | 225,000,000 | 399,000,000 | 505,000,000 | 353,000,000 | 256,000,000 | 450,000,000 | 551,000,000 | 367,000,000 | 244,000,000 | 458,000,000 | 584,000,000 | 395,000,000 | 243,000,000 | 377,000,000 | 314,000,000 | 887,000,000 | 1,476,000,000 | 993,000,000 | 623,000,000 | 1,301,000,000 | 922,000,000 | ||||||||||
| materials and supplies | 305,000,000 | 310,000,000 | 294,000,000 | 280,000,000 | 273,000,000 | 267,000,000 | 255,000,000 | 244,000,000 | 228,000,000 | 196,000,000 | 184,000,000 | 174,000,000 | 168,000,000 | 173,000,000 | 172,000,000 | 162,000,000 | 155,000,000 | 154,000,000 | 150,000,000 | 143,000,000 | 140,000,000 | 142,000,000 | 147,000,000 | 148,000,000 | 143,000,000 | 140,000,000 | 143,000,000 | 136,000,000 | 133,000,000 | 126,000,000 | 121,000,000 | 118,000,000 | 119,000,000 | 120,000,000 | 115,000,000 | 110,000,000 | 95,000,000 | 97,000,000 | 83,000,000 | 81,000,000 | ||||||||||
| generating plant fuel stock | 29,000,000 | 23,000,000 | 54,000,000 | 80,000,000 | 78,000,000 | 84,000,000 | 80,000,000 | 73,000,000 | 61,000,000 | 51,000,000 | 55,000,000 | 47,000,000 | 37,000,000 | 31,000,000 | 49,000,000 | 50,000,000 | 68,000,000 | 65,000,000 | 71,000,000 | 66,000,000 | 66,000,000 | 52,000,000 | 52,000,000 | 38,000,000 | 57,000,000 | 50,000,000 | 60,000,000 | 65,000,000 | 81,000,000 | 77,000,000 | 66,000,000 | 64,000,000 | 77,000,000 | 64,000,000 | 136,000,000 | 140,000,000 | 106,000,000 | 88,000,000 | 125,000,000 | 127,000,000 | ||||||||||
| deferred property taxes | 324,000,000 | 360,000,000 | 277,000,000 | 309,000,000 | 344,000,000 | 426,000,000 | 255,000,000 | 282,000,000 | 310,000,000 | 234,000,000 | 258,000,000 | 287,000,000 | 356,000,000 | 215,000,000 | 243,000,000 | 267,000,000 | 332,000,000 | 199,000,000 | 223,000,000 | 246,000,000 | 305,000,000 | 184,000,000 | 204,000,000 | 226,000,000 | 279,000,000 | 167,000,000 | 187,000,000 | 207,000,000 | 257,000,000 | 157,000,000 | 179,000,000 | 203,000,000 | 174,000,000 | 193,000,000 | 128,000,000 | 111,000,000 | 124,000,000 | 136,000,000 | 103,000,000 | 116,000,000 | ||||||||||
| regulatory assets | 132,000,000 | 173,000,000 | 180,000,000 | 183,000,000 | 201,000,000 | 203,000,000 | 169,000,000 | 182,000,000 | 203,000,000 | 15,000,000 | 23,000,000 | 34,000,000 | 46,000,000 | 11,000,000 | 21,000,000 | 30,000,000 | 42,000,000 | 9,000,000 | 16,000,000 | 24,000,000 | 33,000,000 | 7,000,000 | 18,000,000 | 26,000,000 | 37,000,000 | 10,000,000 | 14,000,000 | 15,000,000 | 20,000,000 | 19,000,000 | 9,000,000 | 12,000,000 | 7,000,000 | 11,000,000 | ||||||||||||||||
| prepayments and other current assets | 140,000,000 | 115,000,000 | 92,000,000 | 100,000,000 | 110,000,000 | 80,000,000 | 91,000,000 | 125,000,000 | 130,000,000 | 103,000,000 | 167,000,000 | 158,000,000 | 120,000,000 | 130,000,000 | 139,000,000 | 145,000,000 | 112,000,000 | 148,000,000 | 162,000,000 | 101,000,000 | 86,000,000 | 86,000,000 | 83,000,000 | 97,000,000 | 101,000,000 | 103,000,000 | 93,000,000 | 101,000,000 | 83,000,000 | 118,000,000 | 117,000,000 | 120,000,000 | 102,000,000 | 91,000,000 | ||||||||||||||||
| total current assets | 3,193,000,000 | 2,782,000,000 | 2,703,000,000 | 2,985,000,000 | 3,091,000,000 | 2,839,000,000 | 2,449,000,000 | 2,603,000,000 | 2,989,000,000 | 3,026,000,000 | 2,393,000,000 | 2,459,000,000 | 2,627,000,000 | 2,477,000,000 | 2,322,000,000 | 2,513,000,000 | 2,404,000,000 | 2,494,000,000 | 3,532,000,000 | 2,817,000,000 | 2,331,000,000 | 2,305,000,000 | 2,254,000,000 | 2,376,000,000 | 2,468,000,000 | 2,374,000,000 | 2,286,000,000 | 2,207,000,000 | 2,475,000,000 | 2,121,000,000 | 2,211,000,000 | 2,215,000,000 | 2,031,000,000 | 1,890,000,000 | ||||||||||||||||
| plant, property, and equipment | 26,097,000,000 | 25,483,000,000 | 24,844,000,000 | 24,520,000,000 | 24,230,000,000 | 24,128,000,000 | 23,068,000,000 | 22,856,000,000 | 21,740,000,000 | 21,262,000,000 | 20,715,000,000 | 21,656,000,000 | 21,391,000,000 | 20,961,000,000 | 20,701,000,000 | 20,279,000,000 | 19,954,000,000 | 19,191,000,000 | 18,214,000,000 | 18,112,000,000 | 18,030,000,000 | 17,381,000,000 | 17,133,000,000 | 17,493,000,000 | 17,363,000,000 | 16,842,000,000 | 16,450,000,000 | 16,196,000,000 | 15,996,000,000 | 15,563,000,000 | 15,317,000,000 | 15,059,000,000 | 14,575,000,000 | 13,456,000,000 | ||||||||||||||||
| plant, property, and equipment, gross | 35,962,000,000 | 35,281,000,000 | 34,156,000,000 | 33,680,000,000 | 33,236,000,000 | 33,135,000,000 | 31,997,000,000 | 31,592,000,000 | 30,866,000,000 | 30,125,000,000 | 29,426,000,000 | 30,199,000,000 | 29,893,000,000 | 29,450,000,000 | 29,027,000,000 | 28,457,000,000 | 27,907,000,000 | 27,036,000,000 | 25,911,000,000 | 25,675,000,000 | 25,390,000,000 | 24,645,000,000 | 24,263,000,000 | 24,729,000,000 | 24,400,000,000 | 23,751,000,000 | 23,258,000,000 | 22,878,000,000 | 22,506,000,000 | 21,966,000,000 | 21,628,000,000 | 21,265,000,000 | 20,497,000,000 | 19,334,000,000 | ||||||||||||||||
| less accumulated depreciation and amortization | 9,865,000,000 | 9,798,000,000 | 9,312,000,000 | 9,160,000,000 | 9,006,000,000 | 9,007,000,000 | 8,929,000,000 | 8,736,000,000 | 9,126,000,000 | 8,863,000,000 | 8,711,000,000 | 8,543,000,000 | 8,502,000,000 | 8,489,000,000 | 8,326,000,000 | 8,178,000,000 | 7,953,000,000 | 7,845,000,000 | 7,697,000,000 | 7,563,000,000 | 7,360,000,000 | 7,264,000,000 | 7,130,000,000 | 7,236,000,000 | 7,037,000,000 | 6,909,000,000 | 6,808,000,000 | 6,682,000,000 | 6,510,000,000 | 6,403,000,000 | 6,311,000,000 | 6,206,000,000 | 5,922,000,000 | 5,878,000,000 | ||||||||||||||||
| construction work in progress | 2,750,000,000 | 2,420,000,000 | 1,827,000,000 | 1,357,000,000 | 1,050,000,000 | 944,000,000 | 1,626,000,000 | 1,408,000,000 | 1,263,000,000 | 1,078,000,000 | 912,000,000 | 884,000,000 | 961,000,000 | 973,000,000 | 832,000,000 | 928,000,000 | 1,085,000,000 | 1,439,000,000 | 1,222,000,000 | 1,032,000,000 | 896,000,000 | 1,143,000,000 | 973,000,000 | 822,000,000 | 763,000,000 | 948,000,000 | 787,000,000 | 708,000,000 | 765,000,000 | 881,000,000 | 802,000,000 | 798,000,000 | 612,000,000 | 1,451,000,000 | 553,000,000 | |||||||||||||||
| total plant, property, and equipment | 28,847,000,000 | 27,903,000,000 | 26,671,000,000 | 25,877,000,000 | 25,280,000,000 | 25,072,000,000 | 24,694,000,000 | 24,264,000,000 | 23,003,000,000 | 22,340,000,000 | 21,627,000,000 | 22,540,000,000 | 22,352,000,000 | 21,934,000,000 | 21,533,000,000 | 21,207,000,000 | 21,039,000,000 | 20,630,000,000 | 19,436,000,000 | 19,144,000,000 | 18,926,000,000 | 18,524,000,000 | 18,106,000,000 | 18,315,000,000 | 18,126,000,000 | 17,790,000,000 | 17,237,000,000 | 16,904,000,000 | 16,761,000,000 | 16,444,000,000 | 16,119,000,000 | 15,857,000,000 | 15,187,000,000 | 14,907,000,000 | ||||||||||||||||
| other non‑current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable | 68,000,000 | 20,000,000 | 20,000,000 | 22,000,000 | 22,000,000 | 22,000,000 | 30,000,000 | 24,000,000 | 23,000,000 | 28,000,000 | 29,000,000 | 30,000,000 | 30,000,000 | 18,000,000 | 18,000,000 | |||||||||||||||||||||||||||||||||||
| investments | 62,000,000 | 71,000,000 | 74,000,000 | 73,000,000 | 73,000,000 | 76,000,000 | 74,000,000 | 72,000,000 | 72,000,000 | 70,000,000 | 69,000,000 | 71,000,000 | 71,000,000 | 73,000,000 | 71,000,000 | 72,000,000 | 70,000,000 | 68,000,000 | 68,000,000 | 72,000,000 | 71,000,000 | 68,000,000 | 64,000,000 | 62,000,000 | 69,000,000 | 72,000,000 | 74,000,000 | 67,000,000 | 64,000,000 | 71,000,000 | 68,000,000 | 66,000,000 | 66,000,000 | 64,000,000 | ||||||||||||||||
| postretirement benefits | 1,705,000,000 | 1,666,000,000 | 1,591,000,000 | 1,550,000,000 | 1,509,000,000 | 1,468,000,000 | 1,307,000,000 | 1,274,000,000 | 1,241,000,000 | 136,000,000 | 137,000,000 | 140,000,000 | 142,000,000 | 147,000,000 | 149,000,000 | 151,000,000 | 152,000,000 | 382,000,000 | 140,000,000 | 141,000,000 | 674,000,000 | 447,000,000 | 443,000,000 | 440,000,000 | 436,000,000 | 797,000,000 | 787,000,000 | 778,000,000 | 766,000,000 | 760,000,000 | 770,000,000 | 781,000,000 | 570,000,000 | 581,000,000 | 1,386,000,000 | 849,000,000 | 867,000,000 | 883,000,000 | 1,032,000,000 | 1,048,000,000 | ||||||||||
| other | 254,000,000 | 310,000,000 | 198,000,000 | 263,000,000 | 318,000,000 | 357,000,000 | 166,000,000 | 221,000,000 | 254,000,000 | 1,481,000,000 | 1,555,000,000 | 1,502,000,000 | 1,414,000,000 | 817,000,000 | 819,000,000 | 873,000,000 | 869,000,000 | 688,000,000 | 707,000,000 | 723,000,000 | 739,000,000 | 492,000,000 | 519,000,000 | 538,000,000 | 478,000,000 | 629,000,000 | 779,000,000 | 789,000,000 | 799,000,000 | 269,000,000 | 294,000,000 | 321,000,000 | 285,000,000 | 315,000,000 | 33,000,000 | 34,000,000 | 34,000,000 | 34,000,000 | 34,000,000 | 34,000,000 | ||||||||||
| total other non‑current assets | 5,659,000,000 | 5,610,000,000 | 5,443,000,000 | 5,493,000,000 | 5,530,000,000 | 5,606,000,000 | 5,370,000,000 | 5,398,000,000 | 5,394,000,000 | 5,006,000,000 | 5,020,000,000 | 3,741,000,000 | 3,774,000,000 | 6,102,000,000 | 6,098,000,000 | 6,003,000,000 | 6,223,000,000 | 5,580,000,000 | ||||||||||||||||||||||||||||||||
| total assets | 37,699,000,000 | 36,295,000,000 | 34,817,000,000 | 34,355,000,000 | 33,901,000,000 | 33,517,000,000 | 32,513,000,000 | 32,265,000,000 | 31,386,000,000 | 30,372,000,000 | 29,040,000,000 | 28,740,000,000 | 28,753,000,000 | 30,513,000,000 | 29,953,000,000 | 29,723,000,000 | 29,666,000,000 | 29,280,000,000 | 28,581,000,000 | 27,447,000,000 | 26,837,000,000 | 26,009,000,000 | 25,292,000,000 | 24,793,000,000 | 24,529,000,000 | 23,913,000,000 | 23,312,000,000 | 22,868,000,000 | 23,050,000,000 | 22,120,000,000 | 21,867,000,000 | 21,623,000,000 | 20,463,000,000 | 20,037,000,000 | 15,277,000,000 | 14,077,000,000 | 13,890,000,000 | 14,242,000,000 | 14,196,000,000 | 14,304,000,000 | 14,690,000,000 | |||||||||
| liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
| in millions | ||||||||||||||||||||||||||||||||||||||||||||||||||
| current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| current portion of long-term debt and finance leases | 1,125,000,000 | 707,000,000 | 507,000,000 | 772,000,000 | 772,000,000 | 980,000,000 | 1,043,000,000 | 1,132,000,000 | 1,433,000,000 | |||||||||||||||||||||||||||||||||||||||||
| notes payable | 93,000,000 | 247,000,000 | 45,000,000 | 90,000,000 | 30,000,000 | 97,000,000 | 279,000,000 | 170,000,000 | 230,000,000 | 19,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||
| accounts payable | 1,139,000,000 | 943,000,000 | 947,000,000 | 789,000,000 | 644,000,000 | 802,000,000 | 839,000,000 | 752,000,000 | 679,000,000 | 949,000,000 | 906,000,000 | 687,000,000 | 875,000,000 | 787,000,000 | 659,000,000 | 538,000,000 | 671,000,000 | 662,000,000 | 629,000,000 | 490,000,000 | 622,000,000 | 598,000,000 | 627,000,000 | 544,000,000 | 723,000,000 | 680,000,000 | 623,000,000 | 534,000,000 | 725,000,000 | 624,000,000 | 599,000,000 | 479,000,000 | 559,000,000 | 534,000,000 | 406,000,000 | 417,000,000 | 478,000,000 | 396,000,000 | 392,000,000 | 469,000,000 | ||||||||||
| accounts payable – related parties | 7,000,000 | 8,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 8,000,000 | 11,000,000 | 8,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 5,000,000 | 6,000,000 | 7,000,000 | 13,000,000 | 9,000,000 | 9,000,000 | 6,000,000 | 10,000,000 | 9,000,000 | 6,000,000 | 6,000,000 | 15,000,000 | 8,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | ||||||||||||||||
| accrued rate refunds | 4,000,000 | 2,000,000 | 53,000,000 | 50,000,000 | 28,000,000 | 54,000,000 | 29,000,000 | 21,000,000 | 28,000,000 | 12,000,000 | 9,000,000 | 21,000,000 | 2,000,000 | 20,000,000 | 28,000,000 | 44,000,000 | 42,000,000 | 35,000,000 | 18,000,000 | 34,000,000 | 25,000,000 | 4,000,000 | 14,000,000 | 45,000,000 | 46,000,000 | 33,000,000 | 35,000,000 | 77,000,000 | 73,000,000 | 41,000,000 | 34,000,000 | 58,000,000 | 11,000,000 | 66,000,000 | 24,000,000 | 29,000,000 | 20,000,000 | |||||||||||||
| accrued interest | 170,000,000 | 168,000,000 | 161,000,000 | 155,000,000 | 169,000,000 | 142,000,000 | 157,000,000 | 145,000,000 | 125,000,000 | 117,000,000 | 107,000,000 | 112,000,000 | 107,000,000 | 112,000,000 | 103,000,000 | 113,000,000 | 106,000,000 | 108,000,000 | 109,000,000 | 100,000,000 | 104,000,000 | 99,000,000 | 95,000,000 | 109,000,000 | 94,000,000 | 83,000,000 | 102,000,000 | 77,000,000 | 103,000,000 | 79,000,000 | 104,000,000 | 73,000,000 | 107,000,000 | 72,000,000 | 113,000,000 | 78,000,000 | 99,000,000 | 82,000,000 | 96,000,000 | 116,000,000 | ||||||||||
| accrued taxes | 461,000,000 | 474,000,000 | 183,000,000 | 449,000,000 | 455,000,000 | 612,000,000 | 159,000,000 | 405,000,000 | 408,000,000 | 178,000,000 | 392,000,000 | 389,000,000 | 515,000,000 | 146,000,000 | 357,000,000 | 360,000,000 | 457,000,000 | 128,000,000 | 326,000,000 | 330,000,000 | 437,000,000 | 125,000,000 | 295,000,000 | 295,000,000 | 398,000,000 | 107,000,000 | 267,000,000 | 265,000,000 | 360,000,000 | 90,000,000 | 256,000,000 | 260,000,000 | 252,000,000 | 254,000,000 | 225,000,000 | 119,000,000 | 226,000,000 | 245,000,000 | 155,000,000 | 293,000,000 | ||||||||||
| regulatory liabilities | 93,000,000 | 99,000,000 | 120,000,000 | 120,000,000 | 72,000,000 | 56,000,000 | 75,000,000 | 88,000,000 | 107,000,000 | 67,000,000 | 76,000,000 | 92,000,000 | 146,000,000 | 191,000,000 | 214,000,000 | 204,000,000 | 151,000,000 | 69,000,000 | 84,000,000 | 88,000,000 | 87,000,000 | 72,000,000 | 67,000,000 | 107,000,000 | 155,000,000 | 165,000,000 | 159,000,000 | 134,000,000 | 80,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 78,000,000 | 76,000,000 | 114,000,000 | 159,000,000 | 204,000,000 | 126,000,000 | 176,000,000 | 194,000,000 | ||||||||||
| other current liabilities | 197,000,000 | 226,000,000 | 213,000,000 | 186,000,000 | 148,000,000 | 149,000,000 | 163,000,000 | 187,000,000 | 154,000,000 | 170,000,000 | 181,000,000 | 144,000,000 | 156,000,000 | 183,000,000 | 174,000,000 | 155,000,000 | 156,000,000 | 193,000,000 | 181,000,000 | 162,000,000 | 186,000,000 | 170,000,000 | 182,000,000 | 148,000,000 | 147,000,000 | 134,000,000 | 117,000,000 | 134,000,000 | 195,000,000 | 130,000,000 | 145,000,000 | 135,000,000 | 127,000,000 | 118,000,000 | ||||||||||||||||
| total current liabilities | 3,196,000,000 | 2,627,000,000 | 2,191,000,000 | 2,528,000,000 | 2,295,000,000 | 2,895,000,000 | 2,719,000,000 | 2,737,000,000 | 2,942,000,000 | 2,488,000,000 | 2,389,000,000 | 1,814,000,000 | 2,204,000,000 | 3,254,000,000 | 3,114,000,000 | 2,885,000,000 | 3,074,000,000 | 2,992,000,000 | 3,123,000,000 | 2,940,000,000 | 2,704,000,000 | 2,165,000,000 | 2,386,000,000 | 2,106,000,000 | 2,624,000,000 | 3,442,000,000 | 2,535,000,000 | 2,482,000,000 | 2,784,000,000 | 2,261,000,000 | 2,115,000,000 | 1,926,000,000 | 2,091,000,000 | 2,047,000,000 | ||||||||||||||||
| non‑current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt | 16,781,000,000 | 16,148,000,000 | 15,548,000,000 | 14,917,000,000 | 14,973,000,000 | 14,508,000,000 | 14,114,000,000 | 13,925,000,000 | 12,985,000,000 | 12,685,000,000 | 11,667,000,000 | 12,045,000,000 | 12,046,000,000 | 12,027,000,000 | 11,728,000,000 | 13,561,000,000 | 13,634,000,000 | 13,275,000,000 | 13,414,000,000 | 12,545,000,000 | 11,951,000,000 | 12,040,000,000 | 11,236,000,000 | 11,105,000,000 | 10,615,000,000 | 8,869,000,000 | 9,272,000,000 | 8,996,000,000 | 9,123,000,000 | 9,024,000,000 | 9,091,000,000 | 9,129,000,000 | 8,486,000,000 | 8,170,000,000 | 6,356,000,000 | 5,718,000,000 | 5,520,000,000 | 5,544,000,000 | 5,390,000,000 | 5,407,000,000 | ||||||||||
| non-current portion of finance leases | 139,000,000 | 111,000,000 | 112,000,000 | 79,000,000 | 61,000,000 | 62,000,000 | 63,000,000 | 65,000,000 | 66,000,000 | |||||||||||||||||||||||||||||||||||||||||
| asset retirement obligations | 747,000,000 | 725,000,000 | 761,000,000 | 769,000,000 | 777,000,000 | 771,000,000 | 768,000,000 | 759,000,000 | 762,000,000 | 747,000,000 | 620,000,000 | 619,000,000 | 628,000,000 | 599,000,000 | 607,000,000 | 564,000,000 | 553,000,000 | 510,000,000 | 483,000,000 | 485,000,000 | 477,000,000 | 451,000,000 | 438,000,000 | 433,000,000 | 432,000,000 | 421,000,000 | 426,000,000 | 427,000,000 | 430,000,000 | 443,000,000 | 452,000,000 | 451,000,000 | 442,000,000 | 440,000,000 | ||||||||||||||||
| deferred investment tax credit | 120,000,000 | 121,000,000 | 123,000,000 | 124,000,000 | 125,000,000 | 126,000,000 | 127,000,000 | 127,000,000 | 128,000,000 | 130,000,000 | 131,000,000 | 111,000,000 | 112,000,000 | 113,000,000 | 113,000,000 | 114,000,000 | 115,000,000 | 116,000,000 | 118,000,000 | 119,000,000 | 120,000,000 | 116,000,000 | 117,000,000 | 98,000,000 | 99,000,000 | 101,000,000 | 102,000,000 | 86,000,000 | 87,000,000 | 88,000,000 | 89,000,000 | 72,000,000 | 73,000,000 | 55,000,000 | 53,000,000 | 56,000,000 | 56,000,000 | 57,000,000 | 59,000,000 | 60,000,000 | ||||||||||
| deferred income taxes | 3,079,000,000 | 3,002,000,000 | 2,837,000,000 | 2,785,000,000 | 2,679,000,000 | 2,615,000,000 | 2,541,000,000 | 2,503,000,000 | 2,451,000,000 | 2,367,000,000 | 2,326,000,000 | 2,315,000,000 | 2,210,000,000 | 2,014,000,000 | 1,966,000,000 | 1,926,000,000 | 1,863,000,000 | 1,821,000,000 | 1,763,000,000 | 1,722,000,000 | 1,655,000,000 | 1,588,000,000 | 1,548,000,000 | 1,544,000,000 | 1,487,000,000 | 1,382,000,000 | 1,344,000,000 | 1,326,000,000 | 1,269,000,000 | 2,501,000,000 | 2,422,000,000 | 2,390,000,000 | 2,127,000,000 | 2,078,000,000 | 129,000,000 | 48,000,000 | 78,000,000 | 186,000,000 | 66,000,000 | |||||||||||
| other non‑current liabilities | 409,000,000 | 370,000,000 | 427,000,000 | 429,000,000 | 413,000,000 | 415,000,000 | 429,000,000 | 415,000,000 | 407,000,000 | 383,000,000 | 382,000,000 | 371,000,000 | 375,000,000 | 377,000,000 | 382,000,000 | 397,000,000 | 398,000,000 | 383,000,000 | ||||||||||||||||||||||||||||||||
| total non‑current liabilities | 25,532,000,000 | 24,745,000,000 | 23,985,000,000 | 23,286,000,000 | 23,100,000,000 | 22,497,000,000 | 22,036,000,000 | 21,822,000,000 | 20,792,000,000 | 20,380,000,000 | 19,180,000,000 | 19,521,000,000 | 19,361,000,000 | 20,606,000,000 | 20,473,000,000 | 20,536,000,000 | 20,515,000,000 | 19,078,000,000 | ||||||||||||||||||||||||||||||||
| commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||
| equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
| common stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
| common stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | ||||||||||
| other paid-in capital | 5,998,000,000 | 5,975,000,000 | 6,001,000,000 | 5,991,000,000 | 5,975,000,000 | 5,705,000,000 | 5,515,000,000 | 5,506,000,000 | 5,494,000,000 | 5,423,000,000 | 5,417,000,000 | 5,406,000,000 | 5,406,000,000 | 5,397,000,000 | 5,389,000,000 | 5,371,000,000 | 5,365,000,000 | 5,225,000,000 | 5,217,000,000 | 5,207,000,000 | 5,113,000,000 | 5,104,000,000 | 5,097,000,000 | 5,087,000,000 | 5,088,000,000 | 5,083,000,000 | 5,076,000,000 | 5,037,000,000 | 5,019,000,000 | 5,013,000,000 | 5,006,000,000 | 4,927,000,000 | 4,906,000,000 | 4,897,000,000 | 4,552,000,000 | 4,491,000,000 | 4,488,000,000 | 4,483,000,000 | 4,476,000,000 | 4,477,000,000 | ||||||||||
| accumulated other comprehensive loss | -41,000,000 | -41,000,000 | -45,000,000 | -45,000,000 | -45,000,000 | -46,000,000 | -51,000,000 | -51,000,000 | -51,000,000 | -52,000,000 | -52,000,000 | -54,000,000 | -59,000,000 | -81,000,000 | -82,000,000 | -84,000,000 | -86,000,000 | -79,000,000 | -76,000,000 | -76,000,000 | -73,000,000 | -67,000,000 | -67,000,000 | -66,000,000 | -65,000,000 | -59,000,000 | -61,000,000 | -27,000,000 | -17,000,000 | -22,000,000 | -149,000,000 | -136,000,000 | -137,000,000 | |||||||||||||||||
| retained earnings | 2,210,000,000 | 2,174,000,000 | 1,928,000,000 | 1,830,000,000 | 1,789,000,000 | 1,658,000,000 | 1,495,000,000 | 1,463,000,000 | 1,410,000,000 | 1,315,000,000 | 1,286,000,000 | 1,275,000,000 | 1,057,000,000 | 547,000,000 | 487,000,000 | 437,000,000 | 214,000,000 | 171,000,000 | 70,000,000 | 51,000,000 | ||||||||||||||||||||||||||||||
| total common stockholders’ equity | 8,170,000,000 | 8,111,000,000 | 7,887,000,000 | 7,779,000,000 | 7,722,000,000 | 7,320,000,000 | 6,962,000,000 | 6,921,000,000 | 6,856,000,000 | 6,689,000,000 | 6,654,000,000 | 6,630,000,000 | 6,407,000,000 | 5,866,000,000 | 5,797,000,000 | 5,727,000,000 | 5,496,000,000 | 5,320,000,000 | 5,214,000,000 | 5,185,000,000 | 5,018,000,000 | 4,957,000,000 | 4,851,000,000 | 4,858,000,000 | 4,755,000,000 | 4,749,000,000 | 4,672,000,000 | 4,596,000,000 | 4,441,000,000 | 4,535,000,000 | 4,449,000,000 | 4,370,000,000 | 4,156,000,000 | 4,109,000,000 | ||||||||||||||||
| cumulative redeemable perpetual preferred stock, series c, authorized 9.2 depositary shares; outstanding 9.2 depositary shares in both periods | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | 224,000,000 | ||||||||||||||||||||||||||||||||||||||
| total stockholders’ equity | 8,394,000,000 | 8,335,000,000 | 8,111,000,000 | 8,003,000,000 | 7,946,000,000 | 7,544,000,000 | 7,186,000,000 | 7,145,000,000 | 7,080,000,000 | 6,913,000,000 | 6,878,000,000 | 6,854,000,000 | 6,631,000,000 | 6,090,000,000 | ||||||||||||||||||||||||||||||||||||
| noncontrolling interests | 577,000,000 | 588,000,000 | 530,000,000 | 538,000,000 | 560,000,000 | 581,000,000 | 572,000,000 | 561,000,000 | 572,000,000 | 591,000,000 | 593,000,000 | 551,000,000 | 557,000,000 | 563,000,000 | 569,000,000 | 575,000,000 | 581,000,000 | 578,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 37,000,000 | 51,000,000 | |||||||||||||||
| total equity | 8,971,000,000 | 8,923,000,000 | 8,641,000,000 | 8,541,000,000 | 8,506,000,000 | 8,125,000,000 | 7,758,000,000 | 7,706,000,000 | 7,652,000,000 | 7,504,000,000 | 7,471,000,000 | 7,405,000,000 | 7,188,000,000 | 6,653,000,000 | 6,366,000,000 | 6,302,000,000 | 6,077,000,000 | 5,898,000,000 | 5,251,000,000 | 5,222,000,000 | 5,055,000,000 | 4,994,000,000 | 4,888,000,000 | 4,895,000,000 | 4,792,000,000 | 4,786,000,000 | 4,709,000,000 | 4,633,000,000 | 4,478,000,000 | 4,572,000,000 | 4,486,000,000 | 4,407,000,000 | 4,193,000,000 | 4,146,000,000 | 2,920,000,000 | |||||||||||||||
| total liabilities and equity | 37,699,000,000 | 36,295,000,000 | 34,817,000,000 | 34,355,000,000 | 33,901,000,000 | 33,517,000,000 | 32,513,000,000 | 32,265,000,000 | 31,386,000,000 | 30,372,000,000 | 29,040,000,000 | 28,740,000,000 | 28,753,000,000 | 30,513,000,000 | 29,953,000,000 | 29,723,000,000 | 29,666,000,000 | 29,280,000,000 | 28,581,000,000 | 27,447,000,000 | 26,837,000,000 | 26,009,000,000 | 25,292,000,000 | 24,793,000,000 | 24,529,000,000 | 23,913,000,000 | 23,312,000,000 | 22,868,000,000 | 23,050,000,000 | 22,120,000,000 | 21,867,000,000 | 21,623,000,000 | 20,463,000,000 | 20,037,000,000 | ||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 29 in 2025 and 23 in 2024 | 1,016,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| net income | 947,000,000 | 813,000,000 | 240,000,000 | -215,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| depreciation and amortization | 1,240,000,000 | 1,126,000,000 | 570,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| deferred income taxes and investment tax credits | 142,000,000 | 89,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| bad debt expense | 33,000,000 | 50,000,000 | 54,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| postretirement benefits contributions | -13,000,000 | -12,000,000 | -262,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| gain from sale of enerbank | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| other non‑cash operating activities and reconciling adjustments | -241,000,000 | -93,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| changes in assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue | -155,000,000 | -677,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| inventories | 164,000,000 | -450,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts payable and accrued rate refunds | 15,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| other current assets and liabilities | 42,000,000 | 14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| other non‑current assets and liabilities | 196,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| net cash from operating activities | 2,370,000,000 | 855,000,000 | 848,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| capital expenditures | -3,018,000,000 | -2,374,000,000 | -818,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| covert generating station acquisition | ||||||||||||||||||||||||||||||||||||||||||||||||||
| net proceeds from sale of enerbank | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from sale of asp business | 124,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cost to retire property and other investing activities | -160,000,000 | -107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| net cash from investing activities | -3,054,000,000 | -2,476,000,000 | -935,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from issuance of debt | 1,962,000,000 | 1,899,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| retirement of debt | -952,000,000 | -106,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| increase in notes payable | -28,000,000 | 20,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| issuance of common stock | 286,000,000 | 69,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| payment of dividends on common and preferred stock | -626,000,000 | -546,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from the sale of membership interest in vie to tax equity investor | 49,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| contributions from noncontrolling interests | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| distributions to noncontrolling interests | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| other financing costs | -21,000,000 | -60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| net cash from financing activities | 614,000,000 | 1,327,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 22 in 2024 and 21 in 2023 | 794,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 23 in 2024 and 21 in 2023 | 817,000,000 | 889,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 21 in 2023 and 27 in 2022 | 933,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| december 31 | 2,023,000,000 | 2,021,000,000 | 2,020,000,000 | 2,019,000,000 | 2,018,000,000 | 2,017,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 26 in 2023 and 27 in 2022 | 681,000,000 | 1,009,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 27 in both periods | 708,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| net cash from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from sale of transmission equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||
| issuance of preferred stock, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
| debt prepayment costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
| contribution from noncontrolling interest | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 26 in 2022 and 20 in 2021 | 1,161,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| current portion of long-term debt, finance leases, and other financing | 1,000,000,000 | 674,000,000 | 382,000,000 | 382,000,000 | 585,000,000 | 589,000,000 | 1,506,000,000 | 1,506,000,000 | 1,799,000,000 | 1,744,000,000 | 1,721,000,000 | 1,130,000,000 | 1,074,000,000 | 1,077,000,000 | 842,000,000 | |||||||||||||||||||||||||||||||||||
| non-current portion of finance leases and other financing | 70,000,000 | 44,000,000 | 46,000,000 | 46,000,000 | 48,000,000 | 50,000,000 | 51,000,000 | 56,000,000 | 61,000,000 | 67,000,000 | 71,000,000 | 76,000,000 | 81,000,000 | 86,000,000 | 91,000,000 | |||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 24 in 2022 and 20 in 2021 | 991,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 20 in both periods | 1,042,000,000 | 749,000,000 | 997,000,000 | 710,000,000 | 708,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 20 in 2021 and 29 in 2020 | 931,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| assets held for sale | 19,000,000 | 494,000,000 | 448,000,000 | 40,000,000 | 39,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| liabilities held for sale | 1,233,000,000 | 990,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| cumulative preferred stock, series c, authorized 9.2 depositary shares in 2021; outstanding 9.2 depositary shares in 2021 | 224,000,000 | 224,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 24 in 2021 and 29 in 2020 | 713,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accrued gas revenue | 5,000,000 | 1,000,000 | 6,000,000 | 10,000,000 | 18,000,000 | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 27 in 2021 and 29 in 2020 | 745,000,000 | 839,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 29 in 2021 and 32 in 2020 | 284,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts and notes receivable | 2,445,000,000 | 2,631,000,000 | 21,000,000 | 20,000,000 | 25,000,000 | 2,281,000,000 | 2,253,000,000 | 2,005,000,000 | 1,791,000,000 | 1,645,000,000 | 1,393,000,000 | 1,246,000,000 | 1,183,000,000 | 1,187,000,000 | 1,177,000,000 | 1,125,000,000 | 1,092,000,000 | 1,098,000,000 | 1,034,000,000 | |||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 29 in 2020 and 20 in 2019 | 863,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 32 in 2020 and 33 in 2019 | 275,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 30 in 2020 and 20 in 2019 | 648,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 35 in 2020 and 33 in 2019 | 272,000,000 | 264,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| other non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| total other non-current assets | 6,156,000,000 | 5,613,000,000 | 5,486,000,000 | 5,180,000,000 | 4,932,000,000 | 4,102,000,000 | 3,935,000,000 | 3,749,000,000 | 3,789,000,000 | 3,757,000,000 | 3,814,000,000 | 3,555,000,000 | 3,537,000,000 | 3,551,000,000 | 3,245,000,000 | 3,240,000,000 | ||||||||||||||||||||||||||||||||||
| non-current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| other non-current liabilities | 429,000,000 | 413,000,000 | 395,000,000 | 373,000,000 | 364,000,000 | 345,000,000 | 294,000,000 | 295,000,000 | 305,000,000 | 307,000,000 | 307,000,000 | 308,000,000 | 289,000,000 | 295,000,000 | 301,000,000 | 314,000,000 | ||||||||||||||||||||||||||||||||||
| total non-current liabilities | 20,390,000,000 | 20,207,000,000 | 19,285,000,000 | 18,850,000,000 | 18,018,000,000 | 17,792,000,000 | 17,113,000,000 | 15,685,000,000 | 16,068,000,000 | 15,753,000,000 | 15,788,000,000 | 15,287,000,000 | 15,266,000,000 | 15,290,000,000 | 14,179,000,000 | 13,844,000,000 | ||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 33 in 2020 and 20 in 2019 | 737,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 22 in 2020 and 20 in 2019 | 884,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 33 in both periods | 241,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable held for sale | 19,000,000 | 26,000,000 | 2,000,000 | 2,000,000 | 31,000,000 | 18,000,000 | 19,000,000 | 15,000,000 | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 20 in both periods | 886,000,000 | 964,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 33 in 2019 and 24 in 2018 | 223,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accumulated deficit | -25,000,000 | -83,000,000 | -182,000,000 | -166,000,000 | -271,000,000 | -278,000,000 | -346,000,000 | -1,945,000,000 | -2,047,000,000 | |||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 21 in 2019 and 20 in 2018 | 641,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 33 in 2019 and 24 in 2018 | 234,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 28 in 2019 and 24 in 2018 | 249,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 26 in 2019 and 24 in 2018 | 250,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 24 in 2018 and 20 in 2017 | 233,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| current portion of long-term debt, capital leases, and financing obligation | 996,000,000 | 1,971,000,000 | 1,216,000,000 | 1,286,000,000 | 1,103,000,000 | 980,000,000 | 840,000,000 | 812,000,000 | 918,000,000 | 950,000,000 | ||||||||||||||||||||||||||||||||||||||||
| non-current portion of capital leases and financing obligation | 69,000,000 | 75,000,000 | 81,000,000 | 86,000,000 | 91,000,000 | 97,000,000 | 99,000,000 | 104,000,000 | 110,000,000 | 114,000,000 | ||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 23 in 2018 and 20 in 2017 | 237,000,000 | 206,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 19 in 2018 and 20 in 2017 | 1,002,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 21 in 2018 and 20 in 2017 | 201,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 20 in 2017 and 24 in 2016 | 1,032,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 20 in 2017 and 16 in 2016 | 198,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 22 in 2017 and 24 in 2016 | 631,000,000 | 666,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 19 in 2017 and 16 in 2016 | 197,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 18 in 2017 and 16 in 2016 | 193,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowance of 24 for both periods | 775,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowance of 17 in 2017 and 16 in 2016 | 186,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 27 in 2016 and 28 in 2015 | 603,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 10 in 2016 and 9 in 2015 | 142,000,000 | 135,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 29 in 2016 and 28 in 2015 | 730,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| assets1 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| cash equivalents | 52,000,000 | 218,000,000 | 100,100,000,000 | 339,339,000,000 | 485,485,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| restricted cash equivalents | 52,000,000 | 32,000,000 | 1,414,000,000 | 1,313,000,000 | 1,313,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| cms energy common stock | 2,929,000,000 | 3,030,000,000 | 3,030,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| nonqualified deferred compensation plan assets | 9,000,000 | 7,000,000 | 66,000,000 | 55,000,000 | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| db serp | ||||||||||||||||||||||||||||||||||||||||||||||||||
| mutual funds | 147,000,000 | 134,000,000 | 137,137,000,000 | 137,137,000,000 | 141,141,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||
| commodity contracts | 3,000,000 | 6,000,000 | 9,000,000 | 12,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| total | 264,000,000 | 397,000,000 | 26,625,727,000,000 | 507,495,210,000,000 | 646,645,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| liabilities1 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| nonqualified deferred compensation plan liabilities | 9,000,000 | 7,000,000 | 66,000,000 | 55,000,000 | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| september 30 | 2,015,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cms energy, including consumers | ||||||||||||||||||||||||||||||||||||||||||||||||||
| balance at beginning of period | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| total gains offset through regulatory accounting | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| purchases | ||||||||||||||||||||||||||||||||||||||||||||||||||
| settlements | ||||||||||||||||||||||||||||||||||||||||||||||||||
| balance at end of period | 2,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| unrealized losses included in earnings relating to assets and liabilities still held at end of period1 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| consumers | ||||||||||||||||||||||||||||||||||||||||||||||||||
| june 30 | 2,014,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| total losses included in earnings1 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| march 2014 | 1,070,080,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
| securities held to maturity | 1,010,000,000 | 1,010,000,000 | 99,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable1 | 597,629,000,000 | 543,582,000,000 | 541,576,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt2 | 76,008,354,000,000 | 74,328,278,000,000 | 74,528,656,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt3 | 46,335,046,000,000 | 43,184,731,000,000 | 43,275,002,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| deferred income taxes and investment tax credit | 122,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| postretirement benefits expense | 181,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| electric sales contract termination | ||||||||||||||||||||||||||||||||||||||||||||||||||
| asset impairment charges | ||||||||||||||||||||||||||||||||||||||||||||||||||
| allowance for equity funds used during construction | -26,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| capital lease and other amortization | 42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| gain due to expiration of indemnification | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| gain on sale of assets | -8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| gain on extinguishment of long-term debt | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| loss (income) from equity method investees | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cash distributions from equity method investees | ||||||||||||||||||||||||||||||||||||||||||||||||||
| electric sales contract termination payment | ||||||||||||||||||||||||||||||||||||||||||||||||||
| shareholder class action settlement payment | ||||||||||||||||||||||||||||||||||||||||||||||||||
| changes in other assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
| increase in accounts receivable and accrued revenues | -91,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease (increase) in accrued power supply and gas revenue | -41,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease (increase) in inventories | 86,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease in accounts payable | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease in accrued expenses | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease in other current and non-current assets | 59,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| increase in current and non-current regulatory liabilities | 102,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| decrease in other current and non-current liabilities | -66,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cost to retire property | -49,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from nuclear decommissioning trust funds | ||||||||||||||||||||||||||||||||||||||||||||||||||
| proceeds from sale of assets | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cash relinquished from sale of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| decrease in restricted cash and cash equivalents | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| increase in non-current notes receivable | -83,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| other investing activities | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| plant and property | ||||||||||||||||||||||||||||||||||||||||||||||||||
| electric utility | 9,235,000,000 | 8,885,000,000 | 8,695,000,000 | 8,651,000,000 | 7,945,000,000 | 7,842,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| gas utility | 3,667,000,000 | 3,598,000,000 | 3,511,000,000 | 3,492,000,000 | 3,327,000,000 | 3,302,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| enterprises | 395,000,000 | 392,000,000 | 392,000,000 | 391,000,000 | 391,000,000 | 391,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| less accumulated depreciation, depletion and amortization | 4,462,000,000 | 4,360,000,000 | 4,294,000,000 | 4,245,000,000 | 4,117,000,000 | 4,076,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 31 in 2009 and 26 in 2008 | 701,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable | 87,000,000 | 99,000,000 | 75,000,000 | 80,000,000 | 142,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| accrued power supply and gas revenue | 2,000,000 | 104,000,000 | 115,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| regulatory assets — postretirement benefits | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| prepayments and other | 25,000,000 | 39,000,000 | 31,000,000 | 35,000,000 | 51,000,000 | 80,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
| securitized costs | 392,000,000 | 429,000,000 | 443,000,000 | 454,000,000 | 479,000,000 | 491,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| customer choice act | 68,000,000 | 104,000,000 | 121,000,000 | 135,000,000 | 158,000,000 | 170,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 5 in 2009 and 34 in 2008 | 196,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| capitalization | ||||||||||||||||||||||||||||||||||||||||||||||||||
| preferred stock of subsidiary | 44,000,000 | 44,000,000 | 44,000,000 | 44,000,000 | 44,000,000 | 44,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| preferred stock | 243,000,000 | 249,000,000 | 249,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| long-term debt — related parties | 34,000,000 | 178,000,000 | 178,000,000 | 178,000,000 | 178,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| non-current portion of capital and finance lease obligations | 197,000,000 | 226,000,000 | 232,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| current portion of long-term debt, capital and finance lease obligations | 604,000,000 | 649,000,000 | 517,000,000 | 856,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| cost of removal | 1,227,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| income taxes | 532,000,000 | 561,000,000 | 572,000,000 | 575,000,000 | 554,000,000 | 551,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| asset retirement obligation | 211,000,000 | 204,000,000 | 202,000,000 | 200,000,000 | 97,000,000 | 96,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| total stockholders’ investment and liabilities | 15,277,000,000 | 14,077,000,000 | 13,890,000,000 | 14,242,000,000 | 14,304,000,000 | 14,690,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
| construction work-in-progress | 446,000,000 | 557,000,000 | 463,000,000 | 381,000,000 | 327,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at cost, which approximates market | 162,000,000 | 527,000,000 | 841,000,000 | 1,245,000,000 | 1,891,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| restricted cash at cost, which approximates market | 31,000,000 | 28,000,000 | 123,000,000 | 48,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 20 in 2008 and 21 in 2007 | 638,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accrued power supply revenue | 4,000,000 | 2,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable — related parties | 1,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 30 in 2008 and 31 in 2007 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| stockholders’ investment and liabilities | 2,007,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| non-current portion of capital lease obligations | 212,000,000 | 216,000,000 | 221,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| minority interests | 53,000,000 | 52,000,000 | 53,000,000 | 50,000,000 | 54,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| accounts payable — related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||
| electric sales contract termination liability | 2,000,000 | 3,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| argentine currency impairment reserve | 197,000,000 | 197,000,000 | 197,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| regulatory liabilities for cost of removal | 1,184,000,000 | 1,172,000,000 | 1,159,000,000 | 1,250,000,000 | 1,216,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| other regulatory liabilities | 147,000,000 | 150,000,000 | 293,000,000 | 213,000,000 | 234,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 22 in 2008 and 21 in 2007 | 645,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 31 in 2008 and 2007 | 169,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| retained deficit | -2,106,000,000 | -2,131,000,000 | -2,070,000,000 | -2,140,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable, notes receivable and accrued revenue, less allowances of 21 in 2008 and 21 in 2007 | 920,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable, less allowances of 31 in 2008 and 31 in 2007 | 167,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| operating revenue | 6,464,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| earnings from equity method investees | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| income from continuing operations | -126,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cumulative effect of change in accounting | ||||||||||||||||||||||||||||||||||||||||||||||||||
| income from discontinued operations | -89,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| net income available to common stockholders | -227,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| average common shares outstanding | 222,644,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| net income from continuing operations per average common share | ||||||||||||||||||||||||||||||||||||||||||||||||||
| cms energy — basic | -620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| — diluted | -620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cumulative effect of change in accounting per average common share | ||||||||||||||||||||||||||||||||||||||||||||||||||
| net income per average common share | ||||||||||||||||||||||||||||||||||||||||||||||||||
| cash provided by | 27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| capital expenditures, excluding acquisitions and capital lease additions | 1,263,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt, excluding current portion | 5,385,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt-related parties, excluding current portion | 178,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| non-current portion of capital leases and finance lease obligations | 225,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| total preferred stock | 294,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| cash dividends declared per common share | 200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| market price of common stock at year-end | 17,380,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| book value per common share at year-end | 9,460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| number of employees at year-end | 7,898,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| electric utility statistics | ||||||||||||||||||||||||||||||||||||||||||||||||||
| sales | 39,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| customers | 1,799,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| average sales rate per kwh | 8,650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| gas utility statistics | ||||||||||||||||||||||||||||||||||||||||||||||||||
| sales and transportation deliveries | 340,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| average sales rate per mcf | 10,660,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and accrued revenue, less allowances of 20 in 2007 and 25 in 2006 | 531,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and notes receivable — related parties | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| price risk management assets | 4,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| nuclear decommissioning trust funds | 47,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable — related parties | ||||||||||||||||||||||||||||||||||||||||||||||||||
| current portion of long-term debt, capital and finance leases | 997,000,000 | 985,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| legal settlement liability | 199,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| price risk management liabilities | 17,000,000 | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable, notes receivable and accrued revenue, less allowances of 18 and 25, respectively | 696,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts receivable and notes receivable - related parties | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| regulatory assets - postretirement benefits | 19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| notes receivable - related parties | 80,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt - related parties | 178,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
| accounts payable - related parties | 1,000,000 |
We provide you with 20 years of balance sheets for CMS Energy stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of CMS Energy. Explore the full financial landscape of CMS Energy stock with our expertly curated balance sheets.
The information provided in this report about CMS Energy stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.