CMS ENERGY CORPORATION CMS Cash Flow

Cms energy corporation (CMS)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows from Operating Activities
Net income
712	682	623	585	631	659	548	551	504	462	542	556	588	553	582	544	487	525	515	461	477	479	484	517	514	454	419	441	461	384	358	349	349	417	401	407	390	343	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization
1,010	992	973	964	952	933	918	905	898	881	866	856	835	811	783	773	766	750	746	726	708	685	668	660	646	628	621	614	607	598	582	564	556	546	544	557	566	576	0	0	0
Deferred income taxes and investment tax credits
174	150	181	182	188	182	309	345	364	417	243	269	286	264	256	239	216	247	259	225	224	227	233	270	283	268	247	260	272	227	211	195	136	167	171	194	258	227	0	0	0
Pension contributions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	125	145	163	229	127	123	121	72	321	321	323	323	348	349	347	463	0	0	0
Postretirement benefits expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	60	103	144	166	188	187	187	178	172	168	161	168	208	204	213	0	0	0
Other non-cash operating activities and reconciling adjustments
65	58	36	-9	-28	-22	-51	-57	-71	-82	-76	-66	-52	-52	-30	-49	-79	-100	-118	-104	-81	-58	-145	-92	-60	-22	24	13	16	16	19	29	31	33	50	37	39	39	0	0	0
Proceeds from government grant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by (used in) changes in assets and liabilities
Accounts and notes receivable and accrued revenue
-89	-45	-13	93	53	-15	-48	-78	96	66	21	98	134	155	48	-23	-184	-120	-77	-177	-234	31	143	219	330	120	112	208	349	147	77	-50	-209	-119	16	35	99	72	0	0	0
Decrease (increase) in accrued power supply revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Inventories
-6	-44	-41	-11	5	-14	-39	-11	19	46	50	8	-73	-146	-128	-110	-43	-147	-179	-91	3	36	-47	-57	-100	-202	-181	-222	-239	-104	-9	83	164	14	-115	-107	-135	-133	0	0	0
Accounts payable and accrued rate refunds
-34	-69	-14	15	25	22	9	-29	-3	49	77	117	67	59	-16	-12	-38	-26	30	13	-91	50	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4	6	-50	30	12	-14	28	-7	0	0	0
Increase (decrease) in accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-58	-80	-54	-34	-18	37	10	22	0	0	0
Other current and non-current assets and liabilities
44	53	50	3	-44	-54	-112	-47	-11	111	88	53	66	43	50	43	21	19	21	32	44	-1	56	26	189	88	180	189	125	78	27	8	-58	7	120	126	119	109	0	0	0
Increase (decrease) in other current and non-current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash provided by operating activities
1,374	1,790	1,533	1,472	1,612	1,703	2,071	2,002	1,767	1,705	1,587	1,647	1,643	1,629	1,461	1,479	1,512	1,640	1,939	1,806	1,630	1,481	1,265	1,263	1,307	1,421	1,425	1,393	1,331	1,241	908	896	963	1,169	1,156	1,127	1,143	959	0	0	0
Cash Flows from Investing Activities
Capital expenditures (excludes assets placed under finance lease)
2,146	2,104	2,072	2,175	2,133	2,074	2,029	1,791	1,722	1,665	1,656	1,601	1,630	1,672	1,686	1,706	1,623	1,564	1,554	1,589	1,621	1,577	1,550	1,408	1,355	1,325	1,266	1,232	1,207	1,227	1,119	1,058	985	882	834	796	822	821	0	0	0
Increase in EnerBank notes receivable
359	401	435	397	348	307	0	0	0	-	-	-	106	136	180	223	266	279	277	268	255	255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of notes receivable by EnerBank
230	343	445	445	346	225	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost to retire property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	69	61	56	55	52	51	49	43	46	44	54	55	51	49	43	0	0	0
Proceeds from sale of EnerBank notes receivable
-	-	-	-	-	-	-	-	-	50	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash effect of deconsolidation of partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	0	0	0
Cost to retire property and other investing activities
129	132	147	137	144	146	139	117	130	115	98	110	100	107	102	110	91	115	170	124	112	66	-5	-3	1	12	-21	9	9	11	42	-7	14	22	24	6	17	-2	0	0	0
Net cash used in investing activities
-2,700	-2,816	-3,003	-3,008	-2,825	-2,606	-2,329	-2,070	-1,978	-1,868	-1,871	-1,810	-1,817	-1,915	-2,122	-2,193	-2,086	-2,064	-1,891	-1,897	-1,974	-1,898	-1,875	-1,699	-1,585	-1,532	-1,416	-1,356	-1,330	-1,350	-1,244	-1,197	-1,143	-1,058	-1,029	-984	-1,019	-1,003	0	0	0
Cash Flows from Financing Activities
Proceeds from issuance of debt
2,356	2,151	3,799	3,428	3,510	2,767	1,569	1,504	960	1,633	1,382	1,643	1,942	1,049	1,274	828	529	599	100	978	978	1,428	1,428	900	1,325	1,025	1,375	1,535	1,510	1,650	1,300	790	765	375	925	1,475	1,100	1,400	0	0	0
Retirement of debt
497	1,285	2,335	2,314	2,480	1,870	1,017	1,152	685	980	1,181	1,174	1,173	728	291	129	243	224	410	586	735	750	524	597	757	741	1,066	1,000	1,078	1,527	1,279	1,093	859	413	742	818	857	878	0	0	0
Increase (decrease) in EnerBank certificates of deposit
473	631	847	748	673	513	0	0	0	-	-	-	57	100	143	187	188	214	221	194	257	233	224	231	157	125	88	41	34	65	65	73	100	98	102	104	137	149	0	0	0
Decrease in notes payable
30	7	60	0	-30	73	170	0	796	228	491	796	0	149	7	0	0	189	68	0	0	-110	0	0	0	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Common Stock
110	12	11	11	41	41	42	43	83	83	83	82	12	72	72	82	102	43	43	33	14	43	44	45	45	36	35	35	53	30	0	0	0	-	-	-	-	-	-	-	-
Payment of dividends on common stock
444	436	428	421	414	407	400	393	384	377	369	362	355	347	341	334	328	322	316	310	303	295	288	284	278	273	269	262	257	252	240	230	220	211	218	199	181	162	0	0	0
Other financing costs
-40	-50	-41	-47	-71	-61	-66	-62	-44	-46	-39	-34	-34	-22	-27	-33	-32	-36	-51	-53	-57	-51	-41	-38	-42	-42	-40	-74	-55	-35	-87	-23	-26	-34	15	2	10	38	0	0	0
Payment of capital and finance lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Net cash provided by financing activities
1,920	1,008	1,537	1,369	1,253	874	451	128	-25	110	89	198	431	255	837	601	216	463	-381	220	118	462	843	257	450	190	123	313	227	41	-159	-506	-263	-199	-202	313	-80	202	0	0	0
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts
594	-18	67	-167	40	-29	193	60	-236	-53	-195	35	257	-31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transactions
Net Increase (Decrease) in Cash and Cash Equivalents, Including Assets Held for Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-88	-75	456	44	158	0	0	0
Decrease (Increase) in Cash and Cash Equivalents Included in Assets Held for Sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	2	2	-1	0	0	0
Net Increase (Decrease) in Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	233	-179	172	79	132	350	228	-68	-495	-807	-443	-86	-73	458	46	157	0	0	0
Non-cash transactions
Capital expenditures not paid
166	170	134	168	155	158	178	166	162	172	132	106	77	138	213	231	257	201	180	179	202	201	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consumers Energy Company
Net income
752	743	668	635	689	705	710	711	663	632	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
993	975	956	949	938	921	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes and investment tax credits
64	37	120	129	137	123	-1	41	97	163	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension contributions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash operating activities and reconciling adjustments
34	32	44	-2	-8	-13	-21	-30	-44	-59	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts and notes receivable and accrued revenue
-98	-8	-26	11	90	26	69	49	101	63	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-6	-40	-38	-13	7	-15	-41	-10	16	45	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued rate refunds
-37	-63	-16	5	20	12	5	-29	-7	43	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current and non-current assets and liabilities
126	129	90	48	134	101	-126	-58	-197	-33	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
1,220	1,601	1,445	1,461	1,348	1,449	1,761	1,688	1,787	1,715	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures (excludes assets placed under finance lease)
2,129	2,085	2,042	1,926	1,884	1,822	1,775	1,750	1,685	1,632	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost to retire property and other investing activities
125	129	153	157	145	149	133	113	128	119	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-2,177	-2,137	-2,119	-2,083	-2,029	-1,971	-1,908	-1,863	-1,813	-1,751	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of debt
1,866	993	0	0	0	-	-	-	-	834	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of debt
326	541	1,391	1,391	1,408	1,193	442	622	305	555	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in notes payable
30	7	60	0	-30	73	170	0	796	228	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholder contribution
675	675	675	675	500	250	250	250	300	450	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends on common stock
641	594	537	560	586	533	569	533	495	524	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing costs
-15	-10	-7	-5	-23	-24	-29	-33	-21	-24	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,521	508	920	558	599	513	100	87	-40	-51	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase in Cash and Cash Equivalents, Including Restricted Amounts
564	-28	246	-64	-82	-9	-47	-88	-66	-87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures not paid
160	160	138	165	138	143	148	143	149	160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-