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CMS Energy Corporation Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Other Paid-in Capital
Accumulated Other Comprehensive Loss
Retirement benefits liability
Retained Earnings
Cumulative Redeemable Perpetual Preferred Stock, Series C
Noncontrolling Interests
Total Equity at Beginning of Period at Dec. 31, 2023 $ 8,125 $ 3 $ 5,705   $ (46) $ 1,658 $ 224 $ 581
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued     307          
Common stock repurchased     (11)          
Sale of membership interests in VIEs     0         0
Amortization of net actuarial loss 1       1      
Amortization of prior service credit 0       0      
Net Income 692         738   (46)
Dividends declared on common stock           (461)    
Dividends declared on preferred stock           (7)    
Other changes in noncontrolling interests               (5)
Total Equity at End of Period at Sep. 30, 2024 $ 8,641 3 6,001 $ (45)   1,928 224 530
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends declared per common share (in dollars per share) $ 1.5450              
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 0.7875              
Total Equity at Beginning of Period at Jun. 30, 2024 $ 8,541 3 5,991   (45) 1,830 224 538
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued     10          
Common stock repurchased     0          
Sale of membership interests in VIEs     0         0
Amortization of net actuarial loss 0       0      
Amortization of prior service credit 0       0      
Net Income 247         253   (6)
Dividends declared on common stock           (153)    
Dividends declared on preferred stock           (2)    
Other changes in noncontrolling interests               (2)
Total Equity at End of Period at Sep. 30, 2024 $ 8,641 3 6,001 (45)   1,928 224 530
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends declared per common share (in dollars per share) $ 0.5150              
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 0.2625              
Total Equity at Beginning of Period at Dec. 31, 2024 $ 8,748 3 6,009   (41) 2,035 224 518
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued     393          
Common stock repurchased     (13)          
Sale of membership interests in VIEs     (34)         78
Amortization of net actuarial loss 1       1      
Amortization of prior service credit (1)       (1)      
Net Income 760         782   (22)
Dividends declared on common stock           (487)    
Dividends declared on preferred stock           (7)    
Other changes in noncontrolling interests               (7)
Total Equity at End of Period at Sep. 30, 2025 $ 9,431 3 6,355 (41)   2,323 224 567
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends declared per common share (in dollars per share) $ 1.6275              
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 0.7875              
Total Equity at Beginning of Period at Jun. 30, 2025 $ 8,971 3 5,998   (41) 2,210 224 577
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued     358          
Common stock repurchased     (1)          
Sale of membership interests in VIEs     0         0
Amortization of net actuarial loss 1       1      
Amortization of prior service credit (1)       $ (1)      
Net Income 272         277   (5)
Dividends declared on common stock           (162)    
Dividends declared on preferred stock           (2)    
Other changes in noncontrolling interests               (5)
Total Equity at End of Period at Sep. 30, 2025 $ 9,431 $ 3 $ 6,355 $ (41)   $ 2,323 $ 224 $ 567
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends declared per common share (in dollars per share) $ 0.5425              
Dividends declared per preferred stock Series C depositary share (in dollars per share) $ 0.2625