Item 6. Selected Financial Data
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Item 6. Selected Financial Data
CMS Energy Corporation
| 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating revenue (in millions) | ($) | 6,583 | 6,399 | 6,456 | 7,179 | 6,566 | |||||||||
| Income from equity method investees (in millions) | ($) | 15 | 13 | 14 | 15 | 13 | |||||||||
| Net income (in millions)1 | ($) | 462 | 553 | 525 | 479 | 454 | |||||||||
| Net income available to common stockholders (in millions) | ($) | 460 | 551 | 523 | 477 | 452 | |||||||||
| Average common shares outstanding (in thousands) | 280,025 | 277,851 | 275,600 | 270,580 | 264,511 | ||||||||||
| Earnings per average common share | |||||||||||||||
| CMS Energy | – | Basic | ($) | 1.64 | 1.99 | 1.90 | 1.76 | 1.71 | |||||||
| – | Diluted | ($) | 1.64 | 1.98 | 1.89 | 1.74 | 1.66 | ||||||||
| Cash provided by operations (in millions) | ($) | 1,705 | 1,629 | 1,640 | 1,481 | 1,448 | |||||||||
| Capital expenditures, excluding assets placed under capital lease (in millions) | ($) | 1,665 | 1,672 | 1,564 | 1,577 | 1,325 | |||||||||
| Total assets (in millions) | ($) | 23,050 | 21,622 | 20,299 | 19,143 | 17,249 | |||||||||
| Long-term debt, excluding current portion (in millions) | ($) | 9,123 | 8,640 | 8,400 | 7,974 | 7,060 | |||||||||
| Non-current portion of capital leases and financing obligation (in millions) | ($) | 91 | 110 | 118 | 123 | 138 | |||||||||
| Cash dividends declared per common share | ($) | 1.33 | 1.24 | 1.16 | 1.08 | 1.02 | |||||||||
| Market price of common stock at year-end | ($) | 47.30 | 41.62 | 36.08 | 34.75 | 26.77 | |||||||||
| Book value per common share at year-end | ($) | 15.77 | 15.23 | 14.21 | 13.33 | 12.98 | |||||||||
| Total employees at year-end | 7,952 | 7,800 | 7,804 | 7,747 | 7,781 | ||||||||||
| Electric Utility Statistics | |||||||||||||||
| Sales (billions of kWh) | 37 | 38 | 37 | 38 | 37 | ||||||||||
| Customers (in thousands) | 1,826 | 1,805 | 1,803 | 1,793 | 1,793 | ||||||||||
| Average sales rate per kWh | (¢) | 11.98 | 11.63 | 11.39 | 12.04 | 11.52 | |||||||||
| Gas Utility Statistics | |||||||||||||||
| Sales and transportation deliveries (bcf) | 352 | 358 | 356 | 373 | 352 | ||||||||||
| Customers (in thousands)2 | 1,776 | 1,772 | 1,741 | 1,733 | 1,724 | ||||||||||
| Average sales rate per mcf | ($) | 7.51 | 7.31 | 7.89 | 8.83 | 8.51 |
1 Includes income attributable to noncontrolling interests of $2 million in each period.
2 Excludes off-system transportation customers.
Consumers Energy Company
| 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating revenue (in millions) | ($) | 6,222 | 6,064 | 6,165 | 6,800 | 6,321 | |||||||
| Net income (in millions) | ($) | 632 | 616 | 594 | 567 | 534 | |||||||
| Net income available to common stockholder (in millions) | ($) | 630 | 614 | 592 | 565 | 532 | |||||||
| Cash provided by operations (in millions) | ($) | 1,715 | 1,681 | 1,794 | 1,354 | 1,375 | |||||||
| Capital expenditures, excluding assets placed under capital lease (in millions) | ($) | 1,632 | 1,656 | 1,537 | 1,573 | 1,320 | |||||||
| Total assets (in millions) | ($) | 21,099 | 19,946 | 18,635 | 17,824 | 16,157 | |||||||
| Long-term debt, excluding current portion (in millions) | ($) | 5,561 | 5,253 | 5,183 | 5,131 | 4,557 | |||||||
| Non-current portion of capital leases and financing obligation (in millions) | ($) | 91 | 110 | 118 | 123 | 138 | |||||||
| Total preferred stock (in millions) | ($) | 37 | 37 | 37 | 37 | 37 | |||||||
| Number of preferred stockholders at year-end | 1,056 | 1,095 | 1,156 | 1,191 | 1,248 | ||||||||
| Total employees at year-end | 7,496 | 7,366 | 7,394 | 7,388 | 7,435 | ||||||||
| Electric Utility Statistics | |||||||||||||
| Sales (billions of kWh) | 37 | 38 | 37 | 38 | 37 | ||||||||
| Customers (in thousands) | 1,826 | 1,805 | 1,803 | 1,793 | 1,793 | ||||||||
| Average sales rate per kWh | (¢) | 11.98 | 11.63 | 11.39 | 12.04 | 11.52 | |||||||
| Gas Utility Statistics | |||||||||||||
| Sales and transportation deliveries (bcf) | 352 | 358 | 356 | 373 | 352 | ||||||||
| Customers (in thousands)1 | 1,776 | 1,772 | 1,741 | 1,733 | 1,724 | ||||||||
| Average sales rate per mcf | ($) | 7.51 | 7.31 | 7.89 | 8.83 | 8.51 |
1 Excludes off-system transportation customers.
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