Consumers Energy Company Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Revenue	$ 8,539	$ 7,515	$ 7,462
Operating Expenses
Operating Income	1,727	1,487	1,235
Other Income (Expense)
Non-operating retirement benefits, net	186	169	180
Other income	151	207	195
Other expense	(27)	(32)	(13)
Total other income	310	344	362
Interest Charges
Interest on long-term debt	798	700	616
Allowance for borrowed funds used during construction	(11)	(18)	(3)
Total interest charges	789	708	643
Income (Loss) Before Income Taxes	1,248	1,123	954
Income Tax Expense	246	176	147
Net Income	1,071	1,003	887
Preferred Stock Dividends	10	10	10
Net Income (Loss) Available to Common Stockholders	1,061	993	877
Related Party
Interest Charges
Other interest expense	11	12	12
Nonrelated Party
Interest Charges
Other interest expense		14	18
Consumers Energy Company
Operating Revenue	8,132	7,200	7,166
Operating Expenses
Fuel for electric generation	535	511	435
Purchased and interchange power	1,564	1,285	1,331
Purchased power – related parties	94	71	75
Cost of gas sold	803	637	897
Maintenance and other operating expenses	1,614	1,520	1,586
Depreciation and amortization	1,254	1,191	1,137
General taxes	499	470	437
Total operating expenses	6,363	5,685	5,898
Operating Income	1,769	1,515	1,268
Other Income (Expense)
Non-operating retirement benefits, net	175	157	171
Other income	55	85	49
Other expense	(22)	(30)	(12)
Total other income	208	212	208
Interest Charges
Interest on long-term debt	521	488	415
Allowance for borrowed funds used during construction	(10)	(13)	(3)
Total interest charges	560	518	448
Income (Loss) Before Income Taxes	1,417	1,209	1,028
Income Tax Expense	288	200	161
Net Income	1,129	1,009	867
Preferred Stock Dividends	2	2	2
Net Income (Loss) Available to Common Stockholders	1,127	1,007	865
Consumers Energy Company | Related Party
Interest Charges
Other interest expense	41	31	20
Consumers Energy Company | Nonrelated Party
Interest Charges
Other interest expense	$ 8	$ 12	$ 16