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CONSUMERS ENERGY CO

For the period ended Dec 31, 2023. Filed Feb 8, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 8, 2024

CMS$69.55+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Table of Contents

Annual Reports on Form 10‑K to the Securities and Exchange Commission for the Year Ended December 31, 2023

Glossary2
Filing Format13
Forward-looking Statements and Information13
Part I17
Item 1.Business17
Item 1A.Risk Factors40
Item 1B.Unresolved Staff Comments50
Item 1C.Cybersecurity50
Item 2.Properties52
Item 3.Legal Proceedings52
Item 4.Mine Safety Disclosures52
Part II52
Item 5.Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities52
Item 6.Reserved54
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations54
Item 7A.Quantitative and Qualitative Disclosures About Market Risk89
Item 8.Financial Statements and Supplementary Data91
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure187
Item 9A.Controls and Procedures187
Item 9B.Other Information189
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections189
Part III189
Item 10.Directors, Executive Officers and Corporate Governance189
Item 11.Executive Compensation190
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters191
Item 13.Certain Relationships and Related Transactions, and Director Independence191
Item 14.Principal Accountant Fees and Services191
Part IV193
Item 15.Exhibits and Financial Statement Schedules193
Signatures207
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.