Exit Activities and Asset Sales (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring Cost and Reserve [Line Items]

Schedule of Retention Benefit Liability Roll Forward

Presented in the following table is a reconciliation of the retention benefit liability recorded in other liabilities on Consumers’ consolidated balance sheets:

In Millions
Year Ended December 31	2024			2023			1
Retention benefit liability at beginning of period		$	16		$	21
Costs deferred as a regulatory asset		8			16
Costs paid or settled		(10)			(21)
Retention benefit liability at the end of the period2		$	14		$	16

1Includes amounts associated with a retention incentive program at the D.E. Karn coal-fueled generating units; this program concluded following the units’ retirement in June 2023.

2Includes current portion of other liabilities of $14 million at December 31, 2024 and $7 million at December 31, 2023.

Consumers Energy Company

Restructuring Cost and Reserve [Line Items]

Schedule of Retention Benefit Liability Roll Forward

Presented in the following table is a reconciliation of the retention benefit liability recorded in other liabilities on Consumers’ consolidated balance sheets:

In Millions
Year Ended December 31	2024			2023			1
Retention benefit liability at beginning of period		$	16		$	21
Costs deferred as a regulatory asset		8			16
Costs paid or settled		(10)			(21)
Retention benefit liability at the end of the period2		$	14		$	16

1Includes amounts associated with a retention incentive program at the D.E. Karn coal-fueled generating units; this program concluded following the units’ retirement in June 2023.

2Includes current portion of other liabilities of $14 million at December 31, 2024 and $7 million at December 31, 2023.