CM chondrites are aqueously altered rocks that contain ∼9 wt% H 2O + (i.e., indigenous water) bound in phyllosilicates; also present are clumps of serpentine-tochilinite intergrowths (previously called “poorly characterized phases” or PCP), pentlandite and Ni-bearing pyrrhotite. We studied 11 CM chondrites that span the known range from least altered to most altered. We used various petrologic properties (many previously identified) that provide information regarding the degree of aqueous alteration. There are no known unaltered or slightly altered CM chondrites (e.g., rocks containing numerous chondrules with primary igneous glass). Some CM properties result from processes associated with early and intermediate stages of the alteration sequence (i.e., hydration of matrix, alteration of chondrule glass, and production of large PCP clumps). Other petrologic properties reflect processes active throughout the alteration sequence; these include oxidation of metallic Fe–Ni, alteration of chondrule phenocrysts, changes in PCP composition (reflecting an increase in the phyllosilicate/sulfide ratio), and changes in carbonate mineralogy (reflecting the development of dolomite and complex carbonates at the expense of Ca carbonate). On the basis of these parameters, we propose a numerical alteration sequence for CM chondrites. Because there are no known CM samples that display only incipient alteration, the least altered sample was arbitrarily assigned to subtype 2.6. The most altered CM chondrites, currently classified CM1, are assigned to subtype 2.0. These highly altered rocks have essentially no mafic silicates; they contain chondrule pseudomorphs composed mainly of phyllosilicate. However, their bulk compositions are CM-like, and they are closer in texture to other C2 chondrites than to CI1 chondrites (which lack chondrule pseudomorphs). Using several diagnostic criteria, we assigned petrologic subtypes (±0.1) to every CM chondrite in our study: QUE 97990, CM2.6; Murchison, CM2.5; Kivesvaara, CM2.5; Murray, CM2.4/2.5; Y 791198, CM2.4; QUE 99355, CM2.3; Nogoya, CM2.2; Cold Bokkeveld, CM2.2; QUE 93005, CM2.1; LAP 02277, CM2.0; MET 01070, CM2.0. The proposed CM numerical alteration sequence improves upon the existing scheme of Browning et al. (1996) in that it does not require a complicated algorithm applied to electron-microprobe data to determine the average matrix phyllosilicate composition. The new sequence is more comprehensive and employs petrologic subtypes that are easier to use and remember than mineralogic alteration index values. New neutron-activation analyses of QUE 97990, QUE 93005, MET 01070, Murchison and Crescent, together with literature data, confirm the compositional uniformity of the CM group; different degrees of alteration among CM chondrites do not lead to resolvable bulk compositional differences. This suggests that the textural differences among individual CM chondrites reflect progressive alteration of similar hypothetical CM3.0 starting materials in different regions of the same parent body, with minimal aqueous transport of materials over appreciable (e.g., meters) distances.