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Asset Sales | 3 Months Ended
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Mar. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Asset Sales | Asset Sales During the first quarter of 2019, management committed to a plan to sell certain portions of high-voltage equipment held by the enterprises segment’s DIG plant and a separate plan to sell a portion of Consumers’ electric utility’s substation transmission assets. Presented in the following table are the major classes of assets classified as held for sale on CMS Energy’s and Consumers’ consolidated balance sheets at March 31, 2019:
In Millions |
CMS Energy, including Consumers |  |
Plant, property, and equipment, net |  | $ | 34 |
Construction work in progress |  | 5 |
Total assets |  | $ | 39 |
Consumers |  |
Plant, property, and equipment, net |  | $ | 30 |
Construction work in progress |  | 5 |
Total assets |  | $ | 35 |
Enterprises In April 2019, DIG completed a sale of high-voltage equipment to ITC and will recognize a gain of $16 million in the second quarter of 2019. Consumers Consumers expects to sell substation transmission assets to METC in 2019, at a price above their book value.
Consumers Energy Company |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Asset Sales | Asset Sales During the first quarter of 2019, management committed to a plan to sell certain portions of high-voltage equipment held by the enterprises segment’s DIG plant and a separate plan to sell a portion of Consumers’ electric utility’s substation transmission assets. Presented in the following table are the major classes of assets classified as held for sale on CMS Energy’s and Consumers’ consolidated balance sheets at March 31, 2019:
In Millions |
CMS Energy, including Consumers |  |
Plant, property, and equipment, net |  | $ | 34 |
Construction work in progress |  | 5 |
Total assets |  | $ | 39 |
Consumers |  |
Plant, property, and equipment, net |  | $ | 30 |
Construction work in progress |  | 5 |
Total assets |  | $ | 35 |
Enterprises In April 2019, DIG completed a sale of high-voltage equipment to ITC and will recognize a gain of $16 million in the second quarter of 2019. Consumers Consumers expects to sell substation transmission assets to METC in 2019, at a price above their book value.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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