v3.25.4

Earnings Per Share - CMS Energy (Basic And Diluted EPS Computations) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Income available to common stockholders |  |  |
Income from continuing operations | $ 1,002 | $ 947 | $ 807
Loss attributable to noncontrolling interests | (69) | (56) | (79)
Preferred stock dividends | 10 | 10 | 10
Income from continuing operations available to common stockholders – basic and diluted | $ 1,061 | $ 993 | $ 876
Average common shares outstanding |  |  |
Weighted average shares - basic (in shares) | 300.4 | 297.6 | 291.2
Dilutive nonvested stock awards (in shares) | 0.5 | 0.7 | 0.5
Dilutive forward equity sale contracts (in shares) | 0.1 | 0.0 | 0.0
Weighted average shares - diluted (in shares) | 301.0 | 298.3 | 291.7
Income from continuing operations per average common share available to common stockholders |  |  |
Basic (in dollars per share) | $ 3.53 | $ 3.34 | $ 3.01
Diluted (in dollars per share) | $ 3.53 | $ 3.33 | $ 3.01

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