Cms energy corporation (CMS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues

6,845

6,873

6,583

6,399

6,456

7,179

6,566

6,253

6,503

6,432

6,205

6,807

Operating Expenses
Fuel for electric generation

493

528

505

499

593

673

621

598

636

604

541

600

Purchased and interchange power

1,496

1,613

1,503

1,508

1,406

1,602

1,387

1,364

1,282

1,239

1,163

1,335

Purchased power – related parties

75

81

86

86

83

90

90

87

82

85

-

0

Maintenance and other operating expenses

1,448

1,417

1,236

1,248

1,223

1,232

1,236

1,224

1,237

1,206

1,163

1,019

Depreciation and amortization

992

933

881

811

750

685

628

598

546

576

570

588

General taxes

333

303

284

281

262

252

234

229

205

210

217

203

Total operating expenses

5,606

5,711

5,245

5,143

5,278

6,027

5,424

5,250

5,500

5,454

5,507

6,013

Insurance settlement

-

-

-

-

-

-

-

-

-

50

-

0

Gain on asset sales, net

-

-

-

-

-

-

-

-

-

6

13

9

Operating Income

1,239

1,162

1,338

1,256

1,178

1,152

1,142

1,003

1,003

978

698

794

Other Income (Expense)
Interest income

7

11

12

6

12

5

3

5

9

19

18

24

Allowance for equity funds used during construction

10

6

5

12

10

8

6

8

6

5

6

6

Income (loss) from equity method investees

10

9

15

13

14

15

13

17

9

11

-2

5

Nonoperating retirement benefits, net

91

90

24

41

-15

-

-

-

-

-

-

-

Other income

4

2

6

8

10

11

10

11

16

32

80

48

Other expense

13

48

76

75

17

55

20

33

22

24

30

37

Total other income

109

70

-14

5

14

-16

12

8

18

43

72

46

Interest Charges
Interest on long-term debt

439

412

406

411

386

393

385

372

396

394

383

371

Interest expense – related parties

9

0

0

-

-

-

-

-

-

-

-

-

Other interest expense

75

49

34

29

14

17

16

21

23

40

56

33

Allowance for borrowed funds used during construction

4

3

2

5

4

3

3

4

-4

-3

-4

-4

Total interest charges

519

458

438

435

396

407

398

389

415

431

435

400

Income Before Income Taxes

829

774

886

826

796

729

756

622

606

590

335

440

Income Tax Expense

147

115

424

273

271

250

302

245

191

224

115

139

Income From Continuing Operations

-

-

-

-

-

-

-

377

415

366

220

301

Income From Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

7

2

-23

20

1

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

682

659

462

553

525

479

454

384

417

343

240

302

Net Income (Loss) Attributable to Noncontrolling Interest

2

2

2

2

2

2

2

2

2

3

11

7

Net Income Available to Common Stockholders

680

657

460

551

523

477

452

382

-

340

229

295

Charge for Deferred Issuance Costs on Preferred Stock

-

-

-

-

-

-

-

-

-

8

0

0

Preferred Stock Dividends

-

-

-

-

-

-

-

-

-

8

11

11

Amounts attributable to continuing operations

-

-

-

-

-

-

-

375

413

347

198

283

Amounts attributable to discontinued operations

-

-

-

-

-

-

-

7

2

-23

20

1

Amounts attributable to continuing operations

-

-

-

-

-

-

-

2

2

3

11

7

Amounts attributable to discontinued operations

-

-

-

-

-

-

-

0

0

0

-

0

Income attributable to noncontrolling interests

2

2

2

2

2

-

-

2

2

3

11

7

Basic Earnings Per Average Common Share
Basic earnings from continuing operations

-

-

-

-

-

-

-

1.43

1.65

1.50

0.87

1.25

Basic earnings from discontinued operations

-

-

-

-

-

-

-

0.03

0.01

-0.10

0.09

-

Basic earnings per average common share (in dollars per share)

2.40

2.33

1.64

1.99

1.90

1.76

1.71

1.46

1.66

1.40

0.96

1.25

Diluted Earnings Per Average Common Share
Diluted earnings from continuing operations

-

-

-

-

-

-

-

1.39

1.57

1.36

0.83

1.20

Diluted earnings from discontinued operations

-

-

-

-

-

-

-

0.03

0.01

-0.08

0.08

-

Diluted earnings per average common share (in dollars per share)

2.39

2.32

1.64

1.98

1.89

1.74

1.66

1.42

1.58

1.28

0.91

1.20

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

0.84

0.66

0.50

0.36

Basic Earnings Per Average Common Share

2.40

2.33

1.64

1.99

1.90

-

-

1.46

1.66

1.40

0.96

1.25

Diluted Earnings Per Average Common Share

2.39

2.32

1.64

1.98

1.89

-

-

1.42

1.58

1.28

0.91

1.20

Consumers Energy Company
Revenues

6,376

6,464

6,222

6,064

-

-

-

-

-

-

-

-

Fuel for electric generation

375

407

398

393

-

-

-

-

-

-

-

-

Purchased and interchange power

1,470

1,587

1,491

1,486

-

-

-

-

-

-

-

-

Purchased power – related parties

75

83

90

88

-

-

-

-

-

-

-

-

Cost of gas sold

754

819

730

693

-

-

-

-

-

-

-

-

Maintenance and other operating expenses

1,275

1,287

1,113

1,127

-

-

-

-

-

-

-

-

Depreciation and amortization

975

921

872

803

-

-

-

-

-

-

-

-

General taxes

322

295

276

277

-

-

-

-

-

-

-

-

Total operating expenses

5,246

5,399

4,970

4,867

-

-

-

-

-

-

-

-

Operating Income

1,130

1,065

1,252

1,197

-

-

-

-

-

-

-

-

Interest income

5

8

9

4

-

-

-

-

-

-

-

-

Interest and dividend income – related parties

5

2

1

1

-

-

-

-

-

-

-

-

Allowance for equity funds used during construction

10

6

5

12

-

-

-

-

-

-

-

-

Nonoperating retirement benefits, net

85

83

21

37

-

-

-

-

-

-

-

-

Other income

3

2

17

8

-

-

-

-

-

-

-

-

Other expense

13

30

58

55

-

-

-

-

-

-

-

-

Total other income

95

71

-5

7

-

-

-

-

-

-

-

-

Interest on long-term debt

277

276

263

261

-

-

-

-

-

-

-

-

Interest expense – related parties

9

0

0

-

-

-

-

-

-

-

-

-

Other interest expense

15

16

15

12

-

-

-

-

-

-

-

-

Allowance for borrowed funds used during construction

4

3

2

5

-

-

-

-

-

-

-

-

Total interest charges

297

289

276

268

-

-

-

-

-

-

-

-

Income Before Income Taxes

928

847

971

936

-

-

-

-

-

-

-

-

Income Tax Expense

185

142

339

320

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

743

705

632

616

-

-

-

-

-

-

-

-

Preferred Stock Dividends and Other Adjustments

2

2

2

2

-

-

-

-

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

741

703

630

614

-

-

-

-

415

324

218

284

Cost of gas sold
Cost of sales

769

836

750

710

961

1,493

1,228

1,150

1,512

1,590

1,866

2,277