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CMS ENERGY CORP

For the period ended Dec 31, 2025. Filed Feb 10, 2026.

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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.

FY2025 · Filed Feb 10, 2026

CMS$69.78+0.3%Stored close · as of Nov 10, 2026

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

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Contents

16: Other Income and Other Expense

Presented in the following table are the components of other income and other expense at CMS Energy and Consumers:

In Millions
Years Ended December 31202520242023
CMS Energy, including Consumers
Other income
Gain on extinguishment of debt1$72$110$131
Interest income375037
Interest income – related parties1——
Allowance for equity funds used during construction23297
Income from equity method investees577
All other131113
Total other income – CMS Energy$151$207$195
Consumers
Other income
Interest income$22$42$25
Interest income – related parties455
Allowance for equity funds used during construction23297
All other6912
Total other income – Consumers$55$85$49
CMS Energy, including Consumers
Other expense
Donations$(10)$(18)$(1)
Civic and political expenditures(7)(5)(5)
All other(10)(9)(7)
Total other expense – CMS Energy$(27)$(32)$(13)
Consumers
Other expense
Donations$(10)$(18)$(1)
Civic and political expenditures(5)(5)(5)
All other(7)(7)(6)
Total other expense – Consumers$(22)$(30)$(12)

1 For information regarding the gain on extinguishment of debt, see Note 5, Financings and Capitalization—CMS Energy’s Purchase of Consumers’ First Mortgage Bonds.

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