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Asset Sales | 6 Months Ended
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Jun. 30, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Asset Sales | Asset Sales Enterprises In April 2019, DIG completed a sale of transmission equipment to ITC and recognized a pre-tax gain of $16 million within maintenance and other operating expenses on CMS Energy’s consolidated statements of income. Consumers During the first quarter of 2019, management committed to a plan to sell a portion of Consumers’ electric utility’s substation transmission assets. Consumers expects to sell these assets to METC in 2019, at a price above their book value. Presented in the following table are the major classes of assets classified as held for sale on Consumers’ consolidated balance sheets at June 30, 2019:
In Millions |
Plant, property, and equipment, net |  | $ | 32 |
Construction work in progress |  | 8 |
Total assets |  | $ | 40 |
Consumers Energy Company |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Asset Sales | Asset Sales Enterprises In April 2019, DIG completed a sale of transmission equipment to ITC and recognized a pre-tax gain of $16 million within maintenance and other operating expenses on CMS Energy’s consolidated statements of income. Consumers During the first quarter of 2019, management committed to a plan to sell a portion of Consumers’ electric utility’s substation transmission assets. Consumers expects to sell these assets to METC in 2019, at a price above their book value. Presented in the following table are the major classes of assets classified as held for sale on Consumers’ consolidated balance sheets at June 30, 2019:
In Millions |
Plant, property, and equipment, net |  | $ | 32 |
Construction work in progress |  | 8 |
Total assets |  | $ | 40 |

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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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