Earnings Per Share - CMS Energy (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31	2025			2024
Income available to common stockholders
Income from continuing operations		$	295		$	263
Less loss attributable to noncontrolling interests		(9)			(24)
Less preferred stock dividends		2			2
Income from continuing operations available to common stockholders – basic and diluted		$	302		$	285
Average common shares outstanding
Weighted-average shares – basic		298.2			296.5
Add dilutive nonvested stock awards		0.9			0.7
Weighted-average shares – diluted		299.1			297.2
Income from continuing operations per average common share available to common stockholders
Basic		$	1.01		$	0.96
Diluted		1.01			0.96