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Notes Receivable | 9 Months Ended
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Sep. 30, 2013
Notes Receivable | 6:NOTES RECEIVABLE Presented in the following table are details of CMS Energy’s and Consumers’ current and non‑current notes receivable:
In Millions
| September 30, 2013 | December 31, 2012 |
CMS Energy, including Consumers |  |  |  |  |  |  |
Current |  |  |  |  |  |  |
EnerBank notes receivable, net of allowance for loan losses |  | $ | 58 |  | $ | 40 |
Other |  |  | 26 |  |  | 1 |
Non-current |  |  |  |  |  |  |
EnerBank notes receivable, net of allowance for loan losses |  |  | 539 |  |  | 504 |
Other |  |  | - |  |  | 16 |
Total notes receivable |  | $ | 623 |  | $ | 561 |
Consumers |  |  |  |  |  |  |
Current |  |  |  |  |  |  |
Other |  | $ | 25 |  | $ | - |
Non-current |  |  |  |  |  |  |
Other |  |  | - |  |  | 16 |
Total notes receivable |  | $ | 25 |  | $ | 16 |
EnerBank notes receivable are unsecured consumer installment loans for financing home improvements. The allowance for loan losses is a valuation allowance to reflect estimated credit losses. The allowance is increased by the provision for loan losses and decreased by loan charge-offs net of recoveries. Management estimates the allowance balance required by taking into consideration historical loan loss experience, the nature and volume of the portfolio, economic conditions, and other factors. Loan losses are charged against the allowance when the loss is confirmed, but no later than the point at which a loan becomes 120 days past due. Presented in the following table are the changes in the allowance for loan losses:
In Millions
| Three Months Ended |  | Nine Months Ended |
September 30 | 2013 | 2012 |  | 2013 | 2012 |
Balance at beginning of period |  | $ | 5 |  | $ | 5 |  |  | $ | 5 |  | $ | 5 |
Charge-offs |  |  | (1) |  |  | (2) |  |  |  | (4) |  |  | (4) |
Recoveries |  |  | - |  |  | 1 |  |  |  | 1 |  |  | 1 |
Provision for loan losses |  |  | 1 |  |  | 1 |  |  |  | 3 |  |  | 3 |
Balance at end of period |  | $ | 5 |  | $ | 5 |  |  | $ | 5 |  | $ | 5 |
Loans that are 30 days or more past due are considered delinquent. The balance of EnerBank’s delinquent consumer loans was $3 million at September 30, 2013 and at December 31, 2012. At September 30, 2013 and December 31, 2012, $1 million of EnerBank’s loans had been modified as troubled debt restructurings.
Consumers Energy Company [Member] |
Notes Receivable | 6:NOTES RECEIVABLE Presented in the following table are details of CMS Energy’s and Consumers’ current and non‑current notes receivable:
In Millions
| September 30, 2013 | December 31, 2012 |
CMS Energy, including Consumers |  |  |  |  |  |  |
Current |  |  |  |  |  |  |
EnerBank notes receivable, net of allowance for loan losses |  | $ | 58 |  | $ | 40 |
Other |  |  | 26 |  |  | 1 |
Non-current |  |  |  |  |  |  |
EnerBank notes receivable, net of allowance for loan losses |  |  | 539 |  |  | 504 |
Other |  |  | - |  |  | 16 |
Total notes receivable |  | $ | 623 |  | $ | 561 |
Consumers |  |  |  |  |  |  |
Current |  |  |  |  |  |  |
Other |  | $ | 25 |  | $ | - |
Non-current |  |  |  |  |  |  |
Other |  |  | - |  |  | 16 |
Total notes receivable |  | $ | 25 |  | $ | 16 |
EnerBank notes receivable are unsecured consumer installment loans for financing home improvements. The allowance for loan losses is a valuation allowance to reflect estimated credit losses. The allowance is increased by the provision for loan losses and decreased by loan charge-offs net of recoveries. Management estimates the allowance balance required by taking into consideration historical loan loss experience, the nature and volume of the portfolio, economic conditions, and other factors. Loan losses are charged against the allowance when the loss is confirmed, but no later than the point at which a loan becomes 120 days past due. Presented in the following table are the changes in the allowance for loan losses:
In Millions
| Three Months Ended |  | Nine Months Ended |
September 30 | 2013 | 2012 |  | 2013 | 2012 |
Balance at beginning of period |  | $ | 5 |  | $ | 5 |  |  | $ | 5 |  | $ | 5 |
Charge-offs |  |  | (1) |  |  | (2) |  |  |  | (4) |  |  | (4) |
Recoveries |  |  | - |  |  | 1 |  |  |  | 1 |  |  | 1 |
Provision for loan losses |  |  | 1 |  |  | 1 |  |  |  | 3 |  |  | 3 |
Balance at end of period |  | $ | 5 |  | $ | 5 |  |  | $ | 5 |  | $ | 5 |
Loans that are 30 days or more past due are considered delinquent. The balance of EnerBank’s delinquent consumer loans was $3 million at September 30, 2013 and at December 31, 2012. At September 30, 2013 and December 31, 2012, $1 million of EnerBank’s loans had been modified as troubled debt restructurings.

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- Definition The entire disclosure for financing receivables. Examples of financing receivables include, but are not limited to, loans, trade accounts receivables, notes receivable, credit cards, and receivables relating to a lessor's right(s) to payment(s) from a lease other than an operating lease that is recognized as assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953791-111525 + Details
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