Consolidated Statements Of Income - USD ($) $ in Millions |
3 Months Ended |
9 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Operating Revenue |
$ 1,587
|
$ 1,486
|
$ 4,759
|
$ 4,947
|
| Operating Expenses |
|
|
|
|
| Fuel for electric generation |
145
|
161
|
367
|
462
|
| Purchased and interchange power |
454
|
392
|
1,165
|
1,082
|
| Purchased power - related parties |
22
|
21
|
65
|
61
|
| Cost of gas sold |
45
|
52
|
490
|
754
|
| Maintenance and other operating expenses |
290
|
311
|
859
|
906
|
| Depreciation and amortization |
183
|
173
|
597
|
564
|
| General taxes |
62
|
59
|
209
|
200
|
| Total operating expenses |
1,201
|
1,169
|
3,752
|
4,029
|
| Operating Income |
386
|
317
|
1,007
|
918
|
| Other Income (Expense) |
|
|
|
|
| Interest income |
1
|
1
|
4
|
3
|
| Allowance for equity funds used during construction |
3
|
3
|
9
|
7
|
| Income from equity method investees |
5
|
4
|
12
|
9
|
| Other income |
2
|
2
|
7
|
8
|
| Other expense |
(6)
|
(3)
|
(13)
|
(11)
|
| Total other income |
5
|
7
|
19
|
16
|
| Interest Charges |
|
|
|
|
| Interest on long-term debt |
103
|
95
|
306
|
288
|
| Other interest expense |
8
|
7
|
22
|
20
|
| Allowance for borrowed funds used during construction |
(1)
|
(1)
|
(4)
|
(3)
|
| Total interest charges |
110
|
101
|
324
|
305
|
| Income Before Income Taxes |
281
|
223
|
702
|
629
|
| Income Tax Expense |
95
|
75
|
227
|
211
|
| Net Income |
186
|
148
|
475
|
418
|
| Income Attributable to Noncontrolling Interests |
|
|
1
|
1
|
| Net Income Available to Common Stockholders |
$ 186
|
$ 148
|
$ 474
|
$ 417
|
| Basic Earnings Per Average Common Share |
$ 0.67
|
$ 0.53
|
$ 1.71
|
$ 1.51
|
| Diluted Earnings Per Average Common Share |
0.67
|
0.53
|
1.70
|
1.51
|
| Dividends Declared Per Common Share |
$ 0.31
|
$ 0.29
|
$ 0.93
|
$ 0.87
|
| Consumers Energy Company [Member] |
|
|
|
|
| Operating Revenue |
$ 1,498
|
$ 1,417
|
$ 4,514
|
$ 4,726
|
| Operating Expenses |
|
|
|
|
| Fuel for electric generation |
118
|
138
|
290
|
381
|
| Purchased and interchange power |
445
|
389
|
1,148
|
1,072
|
| Purchased power - related parties |
23
|
21
|
66
|
61
|
| Cost of gas sold |
39
|
46
|
477
|
737
|
| Maintenance and other operating expenses |
265
|
289
|
788
|
845
|
| Depreciation and amortization |
182
|
172
|
592
|
560
|
| General taxes |
61
|
57
|
207
|
194
|
| Total operating expenses |
1,133
|
1,112
|
3,568
|
3,850
|
| Operating Income |
365
|
305
|
946
|
876
|
| Other Income (Expense) |
|
|
|
|
| Interest income |
1
|
1
|
3
|
3
|
| Interest and dividend income - related parties |
|
|
1
|
|
| Allowance for equity funds used during construction |
3
|
3
|
9
|
7
|
| Other income |
2
|
2
|
7
|
17
|
| Other expense |
(6)
|
(3)
|
(13)
|
(11)
|
| Total other income |
|
3
|
7
|
16
|
| Interest Charges |
|
|
|
|
| Interest on long-term debt |
65
|
62
|
195
|
188
|
| Other interest expense |
3
|
4
|
9
|
11
|
| Allowance for borrowed funds used during construction |
(1)
|
(1)
|
(4)
|
(3)
|
| Total interest charges |
67
|
65
|
200
|
196
|
| Income Before Income Taxes |
298
|
243
|
753
|
696
|
| Income Tax Expense |
103
|
83
|
254
|
237
|
| Net Income |
195
|
160
|
499
|
459
|
| Preferred Stock Dividends |
|
|
1
|
1
|
| Net Income Available to Common Stockholders |
$ 195
|
$ 160
|
$ 498
|
$ 458
|