CMS Energy Corporation (CMS)

CMS Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	412	227	164	452	32	140
Accounts Receivable	803	944	1,580	943	872	1,145
Inventory	884	938	1,117	667	576	605
Prepaid Expenses	369	506	497	495	436	391
Restricted Cash	55	21	18	24	17	17
Other Current Assets	180	203	57	46	471	33
Total Current Assets	2,703	2,839	3,433	2,627	2,404	2,331
Property, Plant & Equipment	26,671	25,098	22,744	22,378	21,049	18,973
Regulatory Assets	3,560	3,683	3,595	2,259	2,653	2,489
Long-Term Investments	74	76	71	71	70	71
Long-Term Accounts Receivable	-	-	-	-	-	2,258
Other Long-Term Assets	1,809	1,821	1,510	1,418	3,490	715
Total Assets	34,817	33,517	31,353	28,753	29,666	26,837
Accounts Payable	954	809	936	886	668	635
Accrued Expenses	161	754	660	622	558	541
Short-Term Debt	-	93	20	-	-	90
Current Portion of Long-Term Debt	507	975	1,090	376	587	1,111
Current Unearned Revenue	-	-	-	-	14	17
Current Portion of Leases	-	9	13	9	11	28
Current Income Taxes Payable	183	49	48	138	105	65
Other Current Liabilities	386	206	218	173	1,131	217
Total Current Liabilities	2,191	2,895	2,985	2,204	3,074	2,704
Long-Term Debt	15,548	14,508	13,122	12,046	11,744	11,951
Long-Term Leases	112	84	95	71	81	113
Pension & Post-Retirement Benefits	102	118	108	196	152	674
Long-Term Deferred Tax Liabilities	2,960	2,741	2,536	2,322	1,978	1,775
Other Long-Term Liabilities	5,263	5,046	4,912	4,726	6,560	4,565
Total Liabilities	26,176	25,392	23,758	21,565	23,589	21,782
Total Preferred Equity	224	224	224	224	-	-
Common Stock	3	3	3	3	3	3
Additional Paid-In Capital	6,001	5,705	5,490	5,406	5,365	5,113
Retained Earnings	1,928	1,658	1,350	1,057	214	-25
Comprehensive Income & Other	-45	-46	-52	-59	-86	-73
Total Common Equity	7,887	7,320	6,791	6,407	5,496	5,018
Minority Interest	530	581	580	557	581	37
Shareholders' Equity	8,641	8,125	7,595	7,188	6,077	5,055
Total Liabilities & Equity	34,817	33,517	31,353	28,753	29,666	26,837
Total Debt	16,167	15,669	14,340	12,502	12,423	13,293
Net Cash (Debt)	-15,755	-15,442	-14,176	-12,050	-12,391	-13,153
Net Cash Per Share	-53.07	-52.94	-48.88	-41.62	-43.28	-46.26
Filing Date Shares Outstanding	298.78	294.44	291.26	289.76	288.93	283.87
Total Common Shares Outstanding	298.8	294.44	291.27	289.76	288.93	283.86
Working Capital	512	-56	448	423	-670	-373
Book Value Per Share	26.40	24.86	23.32	22.11	19.02	17.68
Tangible Book Value	7,887	7,320	6,791	6,407	5,496	5,018
Tangible Book Value Per Share	26.40	24.86	23.32	22.11	19.02	17.68
Machinery	-	28,108	25,761	25,176	23,211	21,561
Construction In Progress	1,827	944	1,182	961	1,085	896

Source: S&P Capital IQ. Utility template. Financial Sources.