v3.26.3
Earnings Per Share—CMS Energy (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income available to common stockholders        
Income (loss) from continuing operations $ (91) $ 272 $ 282 $ 760
Less loss attributable to noncontrolling interests (214) (5) (301) (22)
Less preferred stock dividends 2 2 7 7
Income (loss) from continuing operations available to common stockholders – basic and diluted $ 121 $ 275 $ 576 $ 775
Average common shares outstanding        
Weighted average shares - basic (in shares) 312.9 299.7 309.9 298.8
Dilutive nonvested stock awards (in shares) 0.2 0.6 0.3 0.6
Dilutive forward equity sale contracts (in shares) 0.0 0.1 0.0 0.0
Dilutive contingently convertible securities (in shares) 0.1 0.0 0.2 0.0
Weighted average shares - diluted (in shares) 313.2 300.4 310.4 299.4
Income (loss) from continuing operations per average common share available to common stockholders        
Basic (in dollars per share) $ 0.39 $ 0.92 $ 1.86 $ 2.59
Diluted (in dollars per share) $ 0.39 $ 0.92 $ 1.86 $ 2.59