v3.26.3
Reportable Segments
9 Months Ended
Sep. 30, 2026
Segment Reporting [Line Items]  
Reportable Segments Reportable Segments
Reportable segments consist of business units defined by the products and services they offer. CMS Energy’s and Consumers’ chief operating decision-maker is the CEO. The chief operating decision-maker evaluates segment performance and profitability using net income available to CMS Energy’s common stockholders. This metric provides a clear, consistent basis for analyzing the financial results of each segment and supports decision-making regarding the allocation of resources.
Resource allocation to CMS Energy’s and Consumers’ segments begins with the annual budgeting process, which establishes initial funding and resource levels for each segment. The budget incorporates key financial and operational inputs, including anticipated revenues, expenses, and capital requirements, aligning with CMS Energy’s and Consumers’ strategic objectives and regulatory obligations. The chief operating decision-maker reviews budget-to-actual variances on a monthly basis and makes interim decisions to reallocate resources among segments as needed, ensuring a timely and effective response to changing conditions. For the electric utility and gas utility segments, the chief operating decision-maker uses this assessment to determine whether the segments are achieving their regulatory authorized return on equity.
CMS Energy
The segments reported for CMS Energy are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•NorthStar Clean Energy, consisting of various subsidiaries engaging in domestic independent power production and the marketing of independent power production
CMS Energy presents corporate interest, other expenses, and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
In Millions
Three Months Ended September 30, 2026Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$1,774 $264 $145 $2,183 $— $2,183 
Operating expenses
Power supply cost1
677 — 85 762 — 762 
Cost of gas sold— 43 2 45 — 45 
Maintenance and other operating expenses256 106 555 917 3 920 
Depreciation and amortization251 37 10 298 — 298 
General taxes85 23 3 111 — 111 
Total operating expenses1,269 209 655 2,133 3 2,136 
Operating Income (Loss)505 55 (510)50 (3)47 
Other income (expense)46 26 (19)53 1 54 
Interest charges87 61 2 150 64 214 
Income (Loss) Before Income Taxes464 20 (531)(47)(66)(113)
Income tax expense (benefit)65 7 (124)(52)30 (22)
Income (Loss) From Continuing Operations399 13 (407)5 (96)(91)
Other segment items2
— — 214 214 (2)212 
Net Income (Loss) Available to Common Stockholders$399 $13 $(193)$219 $(98)$121 
Property, plant, and equipment, gross$23,383 
3
$14,975 
3
$916 $39,274 $26 $39,300 
Total assets24,309 
3
14,738 
3
2,415 41,462 221 41,683 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2026Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$1,774 $264 $2,038 $— $2,038 
Operating expenses
Power supply cost1
677 — 677 — 677 
Cost of gas sold— 43 43 — 43 
Maintenance and other operating expenses256 106 362 — 362 
Depreciation and amortization251 37 288 — 288 
General taxes85 23 108 — 108 
Total operating expenses1,269 209 1,478 — 1,478 
Operating Income505 55 560 — 560 
Other income46 26 72 — 72 
Interest charges87 61 148 1 149 
Income (Loss) Before Income Taxes464 20 484 (1)483 
Income tax expense65 7 72 20 92 
Net Income (Loss)399 13 412 (21)391 
Other segment items2
— — — — — 
Net Income (Loss) Available to Common Stockholder$399 $13 $412 $(21)$391 
Property, plant, and equipment, gross$23,383 
3
$14,975 
3
$38,358 $23 $38,381 
Total assets24,362 
3
14,778 
3
39,140 64 39,204 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2025Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$1,679 $234 $108 $2,021 $— $2,021 
Operating expenses
Power supply cost1
624 — 63 687 — 687 
Cost of gas sold— 40 2 42 — 42 
Maintenance and other operating expenses285 103 25 413 3 416 
Depreciation and amortization239 35 14 288 — 288 
General taxes81 23 3 107 — 107 
Total operating expenses1,229 201 107 1,537 3 1,540 
Operating Income (Loss)450 33 1 484 (3)481 
Other income34 22 4 60 2 62 
Interest charges92 53 (1)144 59 203 
Income (Loss) Before Income Taxes392 2 6 400 (60)340 
Income tax expense66 2 — 68 — 68 
Income (Loss) From Continuing Operations326 — 6 332 (60)272 
Other segment items2
— — 5 5 (2)3 
Net Income (Loss) Available to Common Stockholders$326 $— $11 $337 $(62)$275 
Property, plant, and equipment, gross$21,095 
3
$13,890 
3
$1,568 $36,553 $30 $36,583 
Total assets21,917 
3
13,720 
3
2,229 37,866 142 38,008 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2025Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$1,679 $234 $1,913 $— $1,913 
Operating expenses
Power supply cost1
624 — 624 — 624 
Cost of gas sold— 40 40 — 40 
Maintenance and other operating expenses285 103 388 — 388 
Depreciation and amortization239 35 274 — 274 
General taxes81 23 104 — 104 
Total operating expenses1,229 201 1,430 — 1,430 
Operating Income450 33 483 — 483 
Other income (expense)34 22 56 (1)55 
Interest charges92 53 145 — 145 
Income (Loss) Before Income Taxes392 2 394 (1)393 
Income tax expense66 2 68 11 79 
Net Income (Loss)326 — 326 (12)314 
Other segment items2
— — — — — 
Net Income (Loss) Available to Common Stockholder$326 $— $326 $(12)$314 
Property, plant, and equipment, gross$21,095 
3
$13,890 
3
$34,985 $36 $35,021 
Total assets21,972 
3
13,762 
3
35,734 46 35,780 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
Presented in the following tables is financial information by segment:
In Millions
Nine Months Ended September 30, 2026Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$4,480 $1,896 $366 $6,742 $— $6,742 
Operating expenses
Power supply cost1
1,794 — 232 2,026 — 2,026 
Cost of gas sold— 659 4 663 — 663 
Maintenance and other operating expenses841 366 615 1,822 10 1,832 
Depreciation and amortization720 261 37 1,018 — 1,018 
General taxes242 150 9 401 1 402 
Total operating expenses3,597 1,436 897 5,930 11 5,941 
Operating Income (Loss)883 460 (531)812 (11)801 
Other income (expense)135 72 (9)198 6 204 
Interest charges256 175 8 439 188 627 
Income (Loss) Before Income Taxes762 357 (548)571 (193)378 
Income tax expense (benefit)115 97 (112)100 (4)96 
Income (Loss) From Continuing Operations647 260 (436)471 (189)282 
Other segment items2
(1)— 302 301 (7)294 
Net Income (Loss) Available to Common Stockholders$646 $260 $(134)$772 $(196)$576 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
In Millions
Nine Months Ended September 30, 2026Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$4,480 $1,896 $6,376 $— $6,376 
Operating expenses
Power supply cost1
1,794 — 1,794 — 1,794 
Cost of gas sold— 659 659 — 659 
Maintenance and other operating expenses841 366 1,207 — 1,207 
Depreciation and amortization720 261 981 — 981 
General taxes242 150 392 — 392 
Total operating expenses3,597 1,436 5,033 — 5,033 
Operating Income883 460 1,343 — 1,343 
Other income135 72 207 — 207 
Interest charges256 175 431 1 432 
Income (Loss) Before Income Taxes762 357 1,119 (1)1,118 
Income tax expense115 97 212 11 223 
Net Income (Loss)647 260 907 (12)895 
Other segment items2
(1)— (1)— (1)
Net Income (Loss) Available to Common Stockholder$646 $260 $906 $(12)$894 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
In Millions
Nine Months Ended September 30, 2025Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$4,337 $1,670 $299 $6,306 $— $6,306 
Operating expenses
Power supply cost1
1,707 — 198 1,905 — 1,905 
Cost of gas sold— 545 4 549 — 549 
Maintenance and other operating expenses806 331 73 1,210 8 1,218 
Depreciation and amortization682 243 39 964 — 964 
General taxes227 142 9 378 — 378 
Total operating expenses3,422 1,261 323 5,006 8 5,014 
Operating Income (Loss)915 409 (24)1,300 (8)1,292 
Other income97 64 7 168 81 249 
Interest charges263 152 (2)413 175 588 
Income (Loss) Before Income Taxes749 321 (15)1,055 (102)953 
Income tax expense (benefit)131 83 (7)207 (14)193 
Income (Loss) From Continuing Operations618 238 (8)848 (88)760 
Other segment items2
(1)— 23 22 (7)15 
Net Income (Loss) Available to Common Stockholders$617 $238 $15 $870 $(95)$775 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
In Millions
Nine Months Ended September 30, 2025Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$4,337 $1,670 $6,007 $— $6,007 
Operating expenses
Power supply cost1
1,707 — 1,707 — 1,707 
Cost of gas sold— 545 545 — 545 
Maintenance and other operating expenses806 331 1,137 — 1,137 
Depreciation and amortization682 243 925 — 925 
General taxes227 142 369 — 369 
Total operating expenses3,422 1,261 4,683 — 4,683 
Operating Income915 409 1,324 — 1,324 
Other income97 64 161 — 161 
Interest charges263 152 415 1 416 
Income (Loss) Before Income Taxes749 321 1,070 (1)1,069 
Income tax expense131 83 214 7 221 
Net Income (Loss)618 238 856 (8)848 
Other segment items2
(1)— (1)— (1)
Net Income (Loss) Available to Common Stockholder$617 $238 $855 $(8)$847 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
Consumers Energy Company  
Segment Reporting [Line Items]  
Reportable Segments Reportable Segments
Reportable segments consist of business units defined by the products and services they offer. CMS Energy’s and Consumers’ chief operating decision-maker is the CEO. The chief operating decision-maker evaluates segment performance and profitability using net income available to CMS Energy’s common stockholders. This metric provides a clear, consistent basis for analyzing the financial results of each segment and supports decision-making regarding the allocation of resources.
Resource allocation to CMS Energy’s and Consumers’ segments begins with the annual budgeting process, which establishes initial funding and resource levels for each segment. The budget incorporates key financial and operational inputs, including anticipated revenues, expenses, and capital requirements, aligning with CMS Energy’s and Consumers’ strategic objectives and regulatory obligations. The chief operating decision-maker reviews budget-to-actual variances on a monthly basis and makes interim decisions to reallocate resources among segments as needed, ensuring a timely and effective response to changing conditions. For the electric utility and gas utility segments, the chief operating decision-maker uses this assessment to determine whether the segments are achieving their regulatory authorized return on equity.
CMS Energy
The segments reported for CMS Energy are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
•NorthStar Clean Energy, consisting of various subsidiaries engaging in domestic independent power production and the marketing of independent power production
CMS Energy presents corporate interest, other expenses, and Consumers’ other consolidated entities within other reconciling items.
Consumers
The segments reported for Consumers are:
•electric utility, consisting of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan
•gas utility, consisting of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan
Consumers’ other consolidated entities are presented within other reconciling items.
In Millions
Three Months Ended September 30, 2026Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$1,774 $264 $145 $2,183 $— $2,183 
Operating expenses
Power supply cost1
677 — 85 762 — 762 
Cost of gas sold— 43 2 45 — 45 
Maintenance and other operating expenses256 106 555 917 3 920 
Depreciation and amortization251 37 10 298 — 298 
General taxes85 23 3 111 — 111 
Total operating expenses1,269 209 655 2,133 3 2,136 
Operating Income (Loss)505 55 (510)50 (3)47 
Other income (expense)46 26 (19)53 1 54 
Interest charges87 61 2 150 64 214 
Income (Loss) Before Income Taxes464 20 (531)(47)(66)(113)
Income tax expense (benefit)65 7 (124)(52)30 (22)
Income (Loss) From Continuing Operations399 13 (407)5 (96)(91)
Other segment items2
— — 214 214 (2)212 
Net Income (Loss) Available to Common Stockholders$399 $13 $(193)$219 $(98)$121 
Property, plant, and equipment, gross$23,383 
3
$14,975 
3
$916 $39,274 $26 $39,300 
Total assets24,309 
3
14,738 
3
2,415 41,462 221 41,683 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2026Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$1,774 $264 $2,038 $— $2,038 
Operating expenses
Power supply cost1
677 — 677 — 677 
Cost of gas sold— 43 43 — 43 
Maintenance and other operating expenses256 106 362 — 362 
Depreciation and amortization251 37 288 — 288 
General taxes85 23 108 — 108 
Total operating expenses1,269 209 1,478 — 1,478 
Operating Income505 55 560 — 560 
Other income46 26 72 — 72 
Interest charges87 61 148 1 149 
Income (Loss) Before Income Taxes464 20 484 (1)483 
Income tax expense65 7 72 20 92 
Net Income (Loss)399 13 412 (21)391 
Other segment items2
— — — — — 
Net Income (Loss) Available to Common Stockholder$399 $13 $412 $(21)$391 
Property, plant, and equipment, gross$23,383 
3
$14,975 
3
$38,358 $23 $38,381 
Total assets24,362 
3
14,778 
3
39,140 64 39,204 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2025Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$1,679 $234 $108 $2,021 $— $2,021 
Operating expenses
Power supply cost1
624 — 63 687 — 687 
Cost of gas sold— 40 2 42 — 42 
Maintenance and other operating expenses285 103 25 413 3 416 
Depreciation and amortization239 35 14 288 — 288 
General taxes81 23 3 107 — 107 
Total operating expenses1,229 201 107 1,537 3 1,540 
Operating Income (Loss)450 33 1 484 (3)481 
Other income34 22 4 60 2 62 
Interest charges92 53 (1)144 59 203 
Income (Loss) Before Income Taxes392 2 6 400 (60)340 
Income tax expense66 2 — 68 — 68 
Income (Loss) From Continuing Operations326 — 6 332 (60)272 
Other segment items2
— — 5 5 (2)3 
Net Income (Loss) Available to Common Stockholders$326 $— $11 $337 $(62)$275 
Property, plant, and equipment, gross$21,095 
3
$13,890 
3
$1,568 $36,553 $30 $36,583 
Total assets21,917 
3
13,720 
3
2,229 37,866 142 38,008 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
In Millions
Three Months Ended September 30, 2025Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$1,679 $234 $1,913 $— $1,913 
Operating expenses
Power supply cost1
624 — 624 — 624 
Cost of gas sold— 40 40 — 40 
Maintenance and other operating expenses285 103 388 — 388 
Depreciation and amortization239 35 274 — 274 
General taxes81 23 104 — 104 
Total operating expenses1,229 201 1,430 — 1,430 
Operating Income450 33 483 — 483 
Other income (expense)34 22 56 (1)55 
Interest charges92 53 145 — 145 
Income (Loss) Before Income Taxes392 2 394 (1)393 
Income tax expense66 2 68 11 79 
Net Income (Loss)326 — 326 (12)314 
Other segment items2
— — — — — 
Net Income (Loss) Available to Common Stockholder$326 $— $326 $(12)$314 
Property, plant, and equipment, gross$21,095 
3
$13,890 
3
$34,985 $36 $35,021 
Total assets21,972 
3
13,762 
3
35,734 46 35,780 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
3Amounts include a portion of Consumers’ other common assets attributable to both the electric and gas utility businesses.
Presented in the following tables is financial information by segment:
In Millions
Nine Months Ended September 30, 2026Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$4,480 $1,896 $366 $6,742 $— $6,742 
Operating expenses
Power supply cost1
1,794 — 232 2,026 — 2,026 
Cost of gas sold— 659 4 663 — 663 
Maintenance and other operating expenses841 366 615 1,822 10 1,832 
Depreciation and amortization720 261 37 1,018 — 1,018 
General taxes242 150 9 401 1 402 
Total operating expenses3,597 1,436 897 5,930 11 5,941 
Operating Income (Loss)883 460 (531)812 (11)801 
Other income (expense)135 72 (9)198 6 204 
Interest charges256 175 8 439 188 627 
Income (Loss) Before Income Taxes762 357 (548)571 (193)378 
Income tax expense (benefit)115 97 (112)100 (4)96 
Income (Loss) From Continuing Operations647 260 (436)471 (189)282 
Other segment items2
(1)— 302 301 (7)294 
Net Income (Loss) Available to Common Stockholders$646 $260 $(134)$772 $(196)$576 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
In Millions
Nine Months Ended September 30, 2026Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$4,480 $1,896 $6,376 $— $6,376 
Operating expenses
Power supply cost1
1,794 — 1,794 — 1,794 
Cost of gas sold— 659 659 — 659 
Maintenance and other operating expenses841 366 1,207 — 1,207 
Depreciation and amortization720 261 981 — 981 
General taxes242 150 392 — 392 
Total operating expenses3,597 1,436 5,033 — 5,033 
Operating Income883 460 1,343 — 1,343 
Other income135 72 207 — 207 
Interest charges256 175 431 1 432 
Income (Loss) Before Income Taxes762 357 1,119 (1)1,118 
Income tax expense115 97 212 11 223 
Net Income (Loss)647 260 907 (12)895 
Other segment items2
(1)— (1)— (1)
Net Income (Loss) Available to Common Stockholder$646 $260 $906 $(12)$894 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.
In Millions
Nine Months Ended September 30, 2025Electric UtilityGas UtilityNorthStar Clean EnergySegments TotalOther Reconciling ItemsConsolidated
CMS Energy, including Consumers
Operating revenue$4,337 $1,670 $299 $6,306 $— $6,306 
Operating expenses
Power supply cost1
1,707 — 198 1,905 — 1,905 
Cost of gas sold— 545 4 549 — 549 
Maintenance and other operating expenses806 331 73 1,210 8 1,218 
Depreciation and amortization682 243 39 964 — 964 
General taxes227 142 9 378 — 378 
Total operating expenses3,422 1,261 323 5,006 8 5,014 
Operating Income (Loss)915 409 (24)1,300 (8)1,292 
Other income97 64 7 168 81 249 
Interest charges263 152 (2)413 175 588 
Income (Loss) Before Income Taxes749 321 (15)1,055 (102)953 
Income tax expense (benefit)131 83 (7)207 (14)193 
Income (Loss) From Continuing Operations618 238 (8)848 (88)760 
Other segment items2
(1)— 23 22 (7)15 
Net Income (Loss) Available to Common Stockholders$617 $238 $15 $870 $(95)$775 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect loss attributable to noncontrolling interests and preferred stock dividends.
In Millions
Nine Months Ended September 30, 2025Electric UtilityGas UtilitySegments TotalOther Reconciling ItemsConsolidated
Consumers
Operating revenue$4,337 $1,670 $6,007 $— $6,007 
Operating expenses
Power supply cost1
1,707 — 1,707 — 1,707 
Cost of gas sold— 545 545 — 545 
Maintenance and other operating expenses806 331 1,137 — 1,137 
Depreciation and amortization682 243 925 — 925 
General taxes227 142 369 — 369 
Total operating expenses3,422 1,261 4,683 — 4,683 
Operating Income915 409 1,324 — 1,324 
Other income97 64 161 — 161 
Interest charges263 152 415 1 416 
Income (Loss) Before Income Taxes749 321 1,070 (1)1,069 
Income tax expense131 83 214 7 221 
Net Income (Loss)618 238 856 (8)848 
Other segment items2
(1)— (1)— (1)
Net Income (Loss) Available to Common Stockholder$617 $238 $855 $(8)$847 
1Power supply costs reflect fuel for electric generation, purchased and interchange power, and purchased power – related parties.
2Other segment items reflect preferred stock dividends.