Non-Current Liabilities

Retirement and nonpension postretirement benefit obligations

CMS Energy Retirement and nonpension postretirement benefit obligations decreased by 1.1% to $94.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $95.00M to $94.00M. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -9.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.

Detailed definition

This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...

Peer comparison

Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.

Metric ID: non_current_liabilities_pension_and_other_postretirement_0d4947

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$149.00M$147.00M$142.00M$140.00M$137.00M$136.00M$108.00M$107.00M$106.00M$105.00M$106.00M$104.00M$103.00M$102.00M$96.00M$95.00M$93.00M$92.00M$95.00M$94.00M
QoQ Change-1.3%-3.4%-1.4%-2.1%-0.7%-20.6%-0.9%-0.9%-0.9%+1.0%-1.9%-1.0%-1.0%-5.9%-1.0%-2.1%-1.1%+3.3%-1.1%
YoY Change-8.1%-7.5%-23.9%-23.6%-22.6%-22.8%-1.9%-2.8%-2.8%-2.9%-9.4%-8.7%-9.7%-9.8%-1.0%-1.1%
Range$92.00M$149.00M
CAGR-9.2%
Avg YoY Growth-9.9%
Median YoY Growth-8.4%

Frequently Asked Questions

What is CMS Energy's retirement and nonpension postretirement benefit obligations?
CMS Energy (CMS) reported retirement and nonpension postretirement benefit obligations of $94.00M in Q1 2026.
How has CMS Energy's retirement and nonpension postretirement benefit obligations changed year-over-year?
CMS Energy's retirement and nonpension postretirement benefit obligations decreased by 1.1% year-over-year, from $95.00M to $94.00M.
What is the long-term trend for CMS Energy's retirement and nonpension postretirement benefit obligations?
Over 5 years (2020 to 2025), CMS Energy's retirement and nonpension postretirement benefit obligations has grown at a -9.0% compound annual growth rate (CAGR), from $152.00M to $95.00M.
What does retirement and nonpension postretirement benefit obligations mean?
Long-term obligations for employee pension and retirement benefits.