Earnings Per Share - CMS Energy (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Summary of Basic and Diluted EPS Computations

Presented in the following table are CMS Energy’s basic and diluted EPS computations based on income from continuing operations:

In Millions, Except Per Share Amounts
	Three Months Ended						Nine Months Ended
September 30	2024			2023			2024			2023
Income available to common stockholders
Income from continuing operations		$	247		$	173		$	692		$	556
Less loss attributable to noncontrolling interests		(6)			(3)			(46)			(21)
Less preferred stock dividends		2			2			7			7
Income from continuing operations available to common stockholders – basic and diluted		$	251		$	174		$	731		$	570
Average common shares outstanding
Weighted-average shares – basic		298.0			291.0			297.5			290.9
Add dilutive nonvested stock awards		0.8			0.4			0.7			0.4
Weighted-average shares – diluted		298.8			291.4			298.2			291.3
Income from continuing operations per average common share available to common stockholders
Basic		$	0.84		$	0.60		$	2.45		$	1.96
Diluted		0.84			0.60			2.45			1.96