|
|
Consolidated Statements of Common Stockholders' Equity
|
Number of Shares, In Thousands |
In Millions |
|||||
|
Years Ended December 31 |
1998 |
1997 |
1996 |
1998 |
1997 |
1996 |
|
|
||||||
|
Common Stock |
||||||
|
At beginning and end of period |
$1 |
$1 |
$1 |
|||
|
|
||||||
|
Other Paid-in Capital-CMS Energy |
||||||
|
At beginning of period |
100,792 |
94,813 |
91,594 |
2,131 |
1,916 |
1,827 |
|
Common stock reacquired |
(72) |
(54) |
(32) |
(3) |
(2) |
(1) |
|
Common stock issued |
7,383 |
6,031 |
3,248 |
324 |
217 |
90 |
|
Common stock reissued |
1 |
2 |
3 |
- |
- |
- |
|
|
||||||
|
At end of period |
108,104 |
100,792 |
94,813 |
2,452 |
2,131 |
1,916 |
|
|
||||||
|
Other Paid-in Capital-Class G |
||||||
|
At beginning of period |
8,219 |
7,877 |
7,619 |
136 |
129 |
124 |
|
Common stock reacquired |
(1) |
(1) |
- |
- |
- |
- |
|
Common stock issued |
235 |
343 |
258 |
6 |
7 |
5 |
|
|
||||||
|
At end of period |
8,453 |
8,219 |
7,877 |
142 |
136 |
129 |
|
|
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|
Revaluation Capital |
||||||
|
At beginning of period |
(6) |
(6) |
(8) |
|||
|
Change in unrealized investment- gain (loss) (a) |
(3) |
- |
2 |
|||
|
|
||||||
|
At end of period |
(9) |
(6) |
(6) |
|||
|
|
||||||
|
Foreign Currency Translation |
||||||
|
At beginning of period |
(96) |
- |
- |
|||
|
Change in foreign currency translation (a) |
(40) |
(96) |
- |
|||
|
|
||||||
|
At end of period |
(136) |
(96) |
- |
|||
|
|
||||||
|
Retained Earnings (Deficit) |
||||||
|
At beginning of period |
(379) |
(504) |
(625) |
|||
|
Consolidated net income (a) |
285 |
244 |
224 |
|||
|
Common stock dividends declared: |
||||||
|
CMS Energy |
(129) |
(109) |
(94) |
|||
|
Class G |
(11) |
(10) |
(9) |
|||
|
|
||||||
|
At end of period |
(234) |
(379) |
(504) |
|||
|
|
||||||
|
Total Common Stockholders' Equity |
$2,216 |
$1,787 |
$1,536 |
|||
|
|
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|
(a) Disclosure of Comprehensive Income:Revaluation capital unrealized investment-gain (loss), net of tax of $2, $0 and $0, respectively |
$(3) |
$-- |
$2 |
|||
|
Foreign currency translation |
(40) |
(96) |
- |
|||
|
Consolidated net income |
285 |
244 |
224 |
|||
|
|
||||||
|
Total Consolidated Comprehensive Income |
$242 |
$148 |
$226 |
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|
|
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The accompanying notes are an integral part of these statements.
Return to the CMS Energy 1998 Financial Report Table of Contents