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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 477 $ 207
Restricted cash and cash equivalents 40 37
Accounts receivable and accrued revenue, less allowances 669 881
Notes receivable 114 98
Notes receivable held for sale   41
Accounts receivable - related parties 12 11
Accrued gas revenue   27
Inventories at average cost    
Gas in underground storage 459 681
Materials and supplies 118 117
Generating plant fuel stock 106 120
Deferred income taxes 17  
Deferred property taxes 159 216
Regulatory assets 31 89
Prepayments and other current assets 89 72
Total current assets 2,291 2,597
Plant, Property, and Equipment    
Plant, property, and equipment, gross 18,217 17,721
Less accumulated depreciation and amortization 5,633 5,415
Plant, property, and equipment, net 12,584 12,306
Construction work in progress 1,191 1,106
Total plant, property, and equipment 13,775 13,412
Other Non-current Assets    
Regulatory assets 1,908 1,956
Accounts and notes receivable, less allowances 884 807
Investments 61 61
Other 319 352
Total other non-current assets 3,172 3,176
Total Assets 19,238 19,185
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 519 540
Notes payable   60
Accounts payable 558 678
Accounts payable - related parties 6 10
Accrued rate refunds 27 6
Accrued interest 103 108
Accrued taxes 235 316
Deferred income taxes   66
Regulatory liabilities 69 67
Other current liabilities 123 163
Total current liabilities 1,640 2,014
Non-current Liabilities    
Long-term debt 8,040 8,016
Non-current portion of capital leases and financing obligation 113 123
Regulatory liabilities 2,136 2,095
Postretirement benefits 846 872
Asset retirement obligations 348 340
Deferred investment tax credit 57 37
Deferred income taxes 1,899 1,682
Other non-current liabilities 304 299
Total non-current liabilities $ 13,743 $ 13,464
Commitments and Contingencies (Notes 2 and 3)    
Equity    
Common stock $ 3 $ 3
Other paid-in capital 4,812 4,774
Accumulated other comprehensive loss (48) (49)
Retained earnings (Accumulated deficit) (949) (1,058)
Total common stockholders' equity 3,818 3,670
Noncontrolling interests 37 37
Total equity 3,855 3,707
Total Liabilities and Equity 19,238 19,185
Consumers Energy Company [Member]    
Current Assets    
Cash and cash equivalents 397 71
Restricted cash and cash equivalents 40 37
Accounts receivable and accrued revenue, less allowances 655 863
Accounts receivable - related parties 1 1
Accrued gas revenue   27
Inventories at average cost    
Gas in underground storage 459 681
Materials and supplies 113 113
Generating plant fuel stock 100 112
Deferred property taxes 159 216
Regulatory assets 31 89
Prepayments and other current assets 83 63
Total current assets 2,038 2,273
Plant, Property, and Equipment    
Plant, property, and equipment, gross 18,074 17,580
Less accumulated depreciation and amortization 5,564 5,346
Plant, property, and equipment, net 12,510 12,234
Construction work in progress 1,184 1,103
Total plant, property, and equipment 13,694 13,337
Other Non-current Assets    
Regulatory assets 1,908 1,956
Accounts and notes receivable, less allowances 7 7
Investments 26 38
Other 194 236
Total other non-current assets 2,135 2,237
Total Assets 17,867 17,847
Current Liabilities    
Current portion of long-term debt, capital leases, and financing obligation 122 145
Notes payable   60
Accounts payable 540 662
Accounts payable - related parties 11 12
Accrued rate refunds 27 6
Accrued interest 64 70
Accrued taxes 166 149
Deferred income taxes 54 80
Regulatory liabilities 69 67
Other current liabilities 93 135
Total current liabilities 1,146 1,386
Non-current Liabilities    
Long-term debt 5,141 5,154
Non-current portion of capital leases and financing obligation 113 123
Regulatory liabilities 2,136 2,095
Postretirement benefits 768 793
Asset retirement obligations 347 339
Deferred investment tax credit 57 37
Deferred income taxes 2,450 2,406
Other non-current liabilities 243 237
Total non-current liabilities $ 11,255 $ 11,184
Commitments and Contingencies (Notes 2 and 3)    
Equity    
Common stock $ 841 $ 841
Other paid-in capital 3,724 3,574
Accumulated other comprehensive loss (12) (7)
Retained earnings (Accumulated deficit) 876 832
Total common stockholders' equity 5,429 5,240
Preferred stock 37 37
Total equity 5,466 5,277
Total Liabilities and Equity $ 17,867 $ 17,847