CMS-PC: the balance sheet

MyFinsight

For the year ending 2025-12-31, CMS-PC has $39,941M in assets. $509M in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
97.86%
Cash Ratio
14.35%
Assets Breakdown
Plant, property, and equipment, ...
Less accumulated depreciation an...
Regulatory assets
Others
Liabilities Breakdown
Long-term debt
Other paid-in capital
Regulatory liabilities
Others

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	509	103	227	164
Restricted cash and cash equivalents	106	75	21	18
Accounts receivable and accrued revenue	-	-	-	1,564
Accounts receivable and accrued revenue, less allowance of 27 in 2025 and 23 in 2024-Nonrelated Party	1,306	1,049	933	-
Accounts receivable related parties	-	-	-	16
Accounts receivable related parties-Related Party	17	14	11	-
Gas in underground storage	427	435	587	840
Materials and supplies	329	299	267	212
Generating plant fuel stock	35	35	84	65
Deferred property taxes	479	448	426	384
Regulatory assets	104	229	203	57
Prepayments and other current assets	160	103	80	113
Total current assets	3,472	2,790	2,839	3,433
Plant, property, and equipment, gross	37,763	34,932	33,135	30,491
Less accumulated depreciation and amortization	10,135	9,569	9,007	8,960
Plant, property, and equipment, net	27,628	25,363	24,128	21,531
Construction work in progress	3,052	2,098	944	1,182
Total plant, property, and equipment	30,680	27,461	25,072	22,713
Regulatory assets	3,355	3,569	3,683	3,595
Accounts receivable	18	20	22	23
Investments	61	69	76	71
Postretirement benefits	1,957	1,627	1,468	1,208
Other	398	384	357	310
Total other noncurrent assets	5,789	5,669	5,606	5,207
Total assets	39,941	35,920	33,517	31,353

Current portion of long-term debt and finance leases	956	1,195	980	1,099
Notes payable	0	65	93	20
Accounts payable-Nonrelated Party	1,395	1,085	802	-
Accounts payable-Related Party	9	8	7	-
Accounts payable	-	-	-	928
Accounts payable related parties	-	-	-	8
Accrued rate refunds	28	38	54	0
Accrued interest	182	156	142	122
Accrued taxes	708	654	612	538
Regulatory liabilities	85	111	56	104
Other current liabilities	185	209	149	166
Total current liabilities	3,548	3,521	2,895	2,985
Long-term debt	17,807	15,194	14,508	13,122
Non-current portion of finance leases	135	112	62	68
Regulatory liabilities	4,091	4,067	3,894	3,796
Postretirement benefits	95	96	106	108
Aros	792	728	771	746
Deferred investment tax credit	118	122	126	129
Deferred income taxes	3,252	2,925	2,615	2,407
Other noncurrent liabilities	392	407	415	397
Total noncurrent liabilities	26,682	23,651	22,497	20,773
Common stock	3	3	3	3
Other paid-in capital	6,510	6,009	5,705	5,490
Accumulated other comprehensive loss	-36	-41	-46	-52
Retained earnings	2,443	2,035	1,658	1,350
Total common stockholders equity	8,920	8,006	7,320	6,791
Cumulative redeemable perpetual preferred stock	224	224	224	224
Total stockholders equity	9,144	8,230	7,544	7,015
Noncontrolling interests	567	518	581	580
Total equity	9,711	8,748	-	-
Total liabilities and equity	39,941	35,920	33,517	31,353

Unit: Million (M) dollars

MyFinsight

Balance Sheets Overview

Current Ratio
97.86%
Cash Ratio
14.35%
Assets Breakdown
Plant, property, and equipment, ...
Less accumulated depreciation an...
Regulatory assets
Others
Liabilities Breakdown
Long-term debt
Other paid-in capital
Regulatory liabilities
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
97.86%
Cash Ratio
14.35%
Assets Breakdown
Plant, property, and equipment, ...
Less accumulated depreciation an...
Regulatory assets
Others
Liabilities Breakdown
Long-term debt
Other paid-in capital
Regulatory liabilities
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio97.86%Cash Ratio14.35%Assets BreakdownPlant, property, and equipment, ...Less accumulated depreciation an...Regulatory assetsOthersLiabilities BreakdownLong-term debtOther paid-in capitalRegulatory liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio97.86%Cash Ratio14.35%Assets BreakdownPlant, property, and equipment, ...Less accumulated depreciation an...Regulatory assetsOthersLiabilities BreakdownLong-term debtOther paid-in capitalRegulatory liabilitiesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
97.86%
Cash Ratio
14.35%
Assets Breakdown
Plant, property, and equipment, ...
Less accumulated depreciation an...
Regulatory assets
Others
Liabilities Breakdown
Long-term debt
Other paid-in capital
Regulatory liabilities
Others

Current Ratio
97.86%
Cash Ratio
14.35%
Assets Breakdown
Plant, property, and equipment, ...
Less accumulated depreciation an...
Regulatory assets
Others
Liabilities Breakdown
Long-term debt
Other paid-in capital
Regulatory liabilities
Others