← CMS ENERGY CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $551.0m
$460.0m -16.52%
$657.0m +42.83%
$680.0m +3.50%
$755.0m +11.03%
$1.4b +79.21%
$837.0m -38.14%
$887.0m +5.97%
$1.0b +13.08%
$1.1b +6.78%
—
Net Income (Loss) Available to Common Stockholders, Basic — — — — — $1.3b
$827.0m -38.65%
$877.0m +6.05%
$993.0m +13.23%
$1.1b +6.85%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $553.0m $462.0m $659.0m $682.0m $752.0m $1.3b $813.0m $808.0m $947.0m $1.0b —
Net Income (Loss) Attributable to Noncontrolling Interest $2.0m $2.0m $2.0m $2.0m ($3.0m) ($23.0m) ($24.0m) ($79.0m) ($56.0m) ($69.0m) —
Depreciation, Depletion and Amortization $811.0m $881.0m $933.0m $992.0m $1.0b $1.1b $1.1b $1.2b $1.2b $1.3b $1.4b
Depreciation $687.0m $739.0m $778.0m $842.0m $902.0m $975.0m $990.0m $1.1b $1.0b $1.1b $1.1b
Amortization Cash Flow — — — — — — — $130.0m $199.0m $207.0m —
Amortization Of Intangibles — — — — — — — $130.0m $199.0m $207.0m $207.0m
Depreciation Amortization Depletion — — — — — — $1.1b $1.2b $1.2b $1.3b $1.4b
Deferred Income Tax Expense (Benefit) $247.0m $404.0m $170.0m $129.0m $175.0m $98.0m $69.0m $145.0m $146.0m $207.0m $192.0m
Deferred Income Tax — — — — — — $89.0m $157.0m $142.0m $202.0m $192.0m
Deferred Tax — — — — — — $89.0m $157.0m $142.0m $202.0m $192.0m
Asset Impairment Charge — — — — — — $50.0m $34.0m $33.0m $40.0m $40.0m
Income (Loss) from Equity Method Investments $13.0m $15.0m $9.0m $10.0m $5.0m $10.0m $3.0m $7.0m $7.0m $5.0m —
Nonoperating Income (Expense) ($36.0m) ($14.0m) $70.0m $109.0m $84.0m $177.0m $197.0m $362.0m $344.0m $310.0m —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($1.1b) $416.0m $262.0m ($61.0m) ($107.0m)
Change In Receivables — — — — — — ($677.0m) $241.0m ($155.0m) ($251.0m) ($120.0m)
Increase (Decrease) in Inventories ($146.0m) $46.0m ($14.0m) ($44.0m) ($28.0m) $93.0m $450.0m ($185.0m) ($164.0m) $28.0m ($96.0m)
Change In Inventory — — — — — — ($450.0m) $185.0m $164.0m ($28.0m) ($96.0m)
Change In Payables And Accrued Expense — — — — — — $4.0m ($136.0m) $15.0m $196.0m $36.0m
Net Cash Provided by (Used in) Operating Activities $1.6b
$1.7b +4.67%
$1.7b -0.12%
$1.8b +5.11%
$1.3b -28.72%
$1.8b +42.55%
$855.0m -53.00%
$2.3b +170.06%
$2.4b +2.64%
$2.2b -5.70%
$2.1b -3.89%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.7b $1.7b $2.1b $2.1b $2.3b $2.1b $2.4b ($3.4b) ($3.2b) ($4.0b) ($4.3b)
Capital Expenditure Reported — — — — — — ($2.4b) ($2.4b) ($3.0b) ($3.8b) ($4.3b)
Unrealized Gain (Loss) on Investments ($5.0m) — $0 — — — — — — — —
Payments for (Proceeds from) Other Investing Activities $107.0m $115.0m $146.0m $132.0m $131.0m $133.0m $107.0m $167.0m $160.0m $214.0m —
Net Cash Provided by (Used in) Investing Activities ($1.9b) ($1.9b) ($2.6b) ($2.8b) ($2.9b) ($1.2b) ($2.5b) ($3.4b) ($3.1b) ($4.0b) ($4.3b)
Cash flows from financing activities:
Repayments of Long-term Debt $728.0m $980.0m $1.9b $1.3b $2.0b $235.0m $106.0m $2.1b $952.0m $1.1b ($1.2b)
Proceeds from Issuance of Long-term Debt $1.0b $1.6b $2.8b $2.2b $3.2b $335.0m $1.9b $3.6b $2.0b $3.6b $2.3b
Gain (Loss) on Extinguishment of Debt ($18.0m) ($18.0m) ($16.0m) $0 ($16.0m) $0 $0 — — — —
Issuance Of Debt — — — — — — $1.9b $3.6b $2.0b $3.6b $2.3b
Long Term Debt Issuance — — — — — — $1.9b $3.6b $2.0b $3.6b $2.3b
Long Term Debt Payments — — — — — — ($106.0m) ($2.1b) ($952.0m) ($1.1b) ($1.2b)
Net Issuance Payments Of Debt — — — — — — $1.8b $1.5b $982.0m $2.4b $1.1b
Net Long Term Debt Issuance — — — — — — $1.8b $1.4b $1.0b $2.5b $1.1b
Net Short Term Debt Issuance — — — — — $0 $20.0m $73.0m ($28.0m) ($65.0m) $0
Repayment Of Debt — — — — — — ($106.0m) ($2.1b) ($952.0m) ($1.1b) ($1.2b)
Proceeds from Issuance of Common Stock $72.0m $83.0m $41.0m $12.0m $253.0m $26.0m $69.0m $192.0m $286.0m $525.0m $1.0b
Common Stock Issuance — — — — — — $69.0m $192.0m $286.0m $525.0m $1.0b
Issuance Of Capital Stock — — — — — — $69.0m $192.0m $286.0m $525.0m $1.0b
Cash Dividends Paid — — — — — — ($544.0m) ($579.0m) ($626.0m) ($663.0m) ($690.0m)
Proceeds from (Payments for) Other Financing Activities ($22.0m) ($46.0m) ($61.0m) ($50.0m) ($51.0m) ($53.0m) ($60.0m) ($54.0m) ($21.0m) ($65.0m) —
Net Other Financing Charges — — — — — — ($11.0m) $80.0m ($7.0m) $49.0m $65.0m
Net Cash Provided by (Used in) Financing Activities $255.0m
$110.0m -56.86%
$874.0m +694.55%
$1.0b +15.33%
$1.6b +60.62%
($295.0m) -118.22%
$1.3b +549.83%
$1.1b -13.87%
$614.0m -46.28%
$2.2b +264.82%
$1.5b -32.01%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($18.0m) $28.0m $291.0m ($294.0m) $66.0m ($70.0m) $437.0m $345.0m
Beginning Cash Position — — — — — — $476.0m $182.0m $248.0m $178.0m $925.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $204.0m $175.0m $157.0m $185.0m $476.0m $182.0m $248.0m $178.0m $615.0m $345.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $427.0m $418.0m — $498.0m $549.0m $489.0m $490.0m $607.0m $677.0m $741.0m —
Income Taxes Paid, Net $32.0m $5.0m ($123.0m) ($58.0m) ($58.0m) $16.0m $1.0m $15.0m ($69.0m) ($20.0m) —
Additional Financial Items
Asset Retirement Obligation, Accretion Expense $23.0m $23.0m $22.0m $21.0m $24.0m $24.0m $28.0m $33.0m $35.0m $33.0m —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — $746.0m $823.0m $876.0m $993.0m $1.1b —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — $728.0m $809.0m $807.0m $947.0m $1.0b —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — $602.0m $4.0m $1.0m $0 $0 —
Income Tax Expense (Benefit) $273.0m $424.0m $115.0m $147.0m $133.0m $95.0m $93.0m $147.0m $176.0m $246.0m —
Interest Expense Nonoperating — — — — — — — — $708.0m $789.0m —
Proceeds from Noncontrolling Interests — — — — $31.0m $1.0m $2.0m $6.0m $5.0m $4.0m —
Provision for Loan, Lease, and Other Losses $19.0m $20.0m $25.0m $38.0m — — — — — — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $60.0m — — — — — —
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $12.0m $5.0m $6.0m $10.0m $6.0m $8.0m — — — — —
Cash Flow From Continuing Financing Activities — — — — — — $1.3b $1.1b $614.0m $2.2b $1.5b
Cash Flow From Continuing Investing Activities — — — — — — ($2.5b) ($3.4b) ($3.1b) ($4.0b) ($4.3b)
Cash From Discontinued Financing Activities — — — — — ($84.0m)
$0 +100.00%
$0 — — $0
Cash From Discontinued Investing Activities — — — — — $78.0m $0 $0 — — $0
Change In Cash Supplemental As Reported — — — — — — ($294.0m) $66.0m ($70.0m) $437.0m —
Change In Other Working Capital — — — — — — $10.0m $126.0m $238.0m $22.0m $73.0m
Changes In Cash — — — — — — ($294.0m) $66.0m ($70.0m) $437.0m ($580.0m)
End Cash Position — — — — — — $182.0m $248.0m $178.0m $615.0m $345.0m
Financing Cash Flow — — — — — — $1.3b
$1.1b -13.87%
$614.0m -46.28%
$2.2b +264.82%
$1.5b -32.01%
Free Cash Flow — — — — — — ($1.6b) ($1.1b) ($808.0m) ($1.8b) ($2.1b)
Gain Loss On Sale Of Business — — — — — ($657.0m) ($5.0m) $0 $0 — $0
Investing Cash Flow — — — — — — ($2.5b) ($3.4b) ($3.1b) ($4.0b) ($4.3b)
Net Business Purchase And Sale — — — — — — $5.0m $0 $124.0m $0 $0
Net PPE Purchase And Sale — — — — — — ($107.0m) ($979.0m) ($160.0m) ($214.0m) ($193.0m)
Net Preferred Stock Issuance — — — — — $224.0m $0 $0 — — $0
Operating Gains Losses — — — — — ($657.0m) ($5.0m) — — — —
Other Non Cash Items — — — — — — ($105.0m) ($286.0m) ($254.0m) ($254.0m) —
Purchase Of Business — — — — — $0 $0 ($812.0m) — — ($812.0m)
Purchase Of PPE — — — — — — ($107.0m) ($979.0m) ($160.0m) ($214.0m) ($4.3b)
Sale Of Business — — — — — — $5.0m $0 $124.0m $0 $0
Sale Of PPE — — — — — $0 $0 — — — $0

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.