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Long-Term Debt (Notes)
3 Months Ended
Mar. 31, 2013
Long-term Debt, Unclassified [Abstract]  
Long-term Debt [Text Block]
LONG-TERM DEBT

Debt Issuance

In 2013, the Company issued the following long-term debt:
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
 
(In millions)
March
 
Mortgage Bonds (a)
 
4.00%
 
2043
 
$
375

 
 
 
 
 
 
 
 
$
375


_______________________________________
(a)
Proceeds were used for the early redemption of DTE Electric long-term debt, for the repayment of short-term borrowings, and for general corporate purposes.

Debt Redemptions

In 2013, the following debt was redeemed:
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
 
(In millions)
March
 
Securitization Bonds
 
6.42%
 
2013
 
$
88

March
 
Tax Exempt Revenue Bonds (a)
 
5.30%
 
2030
 
51

 
 
 
 
 
 
 
 
$
139


_____________________________
(a)
DTE Electric Tax Exempt Revenue Bonds are issued by a public body that loans the proceeds to DTE Electric on terms substantially mirroring the Revenue Bonds.