CMS Energy Corporation Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 164	$ 452
Restricted cash and cash equivalents	18	24
Accounts receivable and accrued revenue	1,564	931
Accounts receivable – related parties	16	12
Inventories at average cost
Gas in underground storage	840	462
Materials and supplies	212	168
Generating plant fuel stock	65	37
Deferred property taxes	384	356
Regulatory assets	57	46
Prepayments and other current assets	113	139
Total current assets	3,433	2,627
Plant, Property, and Equipment
Plant, property, and equipment, gross	30,491	29,893
Less accumulated depreciation and amortization	8,960	8,502
Plant, property, and equipment, net	21,531	21,391
Construction work in progress	1,182	961
Total plant, property, and equipment	22,713	22,352
Other Non‑current Assets
Regulatory assets	3,595	2,259
Accounts receivable	23	30
Investments	71	71
Postretirement benefits	1,208	1,150
Other	310	264
Total other non‑current assets	5,207	3,774
Total Assets	31,353	28,753
Current Liabilities
Current portion of long-term debt and finance leases	1,099	382
Notes payable	20	0
Accounts payable	928	875
Accounts payable – related parties	8	11
Accrued rate refunds	0	12
Accrued interest	122	107
Accrued taxes	538	515
Regulatory liabilities	104	146
Other current liabilities	166	156
Total current liabilities	2,985	2,204
Non‑current Liabilities
Long-term debt	13,122	12,046
Non-current portion of finance leases	68	46
Regulatory liabilities	3,796	3,802
Postretirement benefits	108	142
Asset retirement obligations	746	628
Deferred investment tax credit	129	112
Deferred income taxes	2,407	2,210
Other non‑current liabilities	397	375
Total non‑current liabilities	20,773	19,361
Commitments and Contingencies
Common stockholders’ equity
Common stock	3	3
Other paid-in capital	5,490	5,406
Accumulated other comprehensive loss	(52)	(59)
Retained earnings	1,350	1,057
Total common stockholders’ equity	6,791	6,407
Cumulative preferred stock	224	224
Total stockholders’ equity	7,015	6,631
Noncontrolling interests	580	557
Total equity	7,595	7,188
Total Liabilities and Equity	$ 31,353	$ 28,753