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Related Party Transactions
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
The Company has agreements with affiliated companies to sell energy for resale, purchase power, provide fuel supply services, and provide power plant operation and maintenance services. The Company has agreements with certain DTE Energy affiliates where we charge them for their use of the shared capital assets of the Company. A shared services company accumulates various corporate support services expenses and charges various subsidiaries of DTE Energy, including DTE Electric. DTE Electric records federal, state and local income taxes payable to or receivable from DTE Energy based on its federal, state and local tax provisions.
The following is a summary of transactions with affiliated companies:
 
2014
 
2013
 
2012
Revenues
(In millions)
Energy sales
$
2

 
$
2

 
$
2

Other services
$
5

 
$
7

 
$
11

Shared capital assets
$
26

 
$
23

 
$
26

Costs
 
 
 
 
 
Fuel and purchased power
$
4

 
$
4

 
$
5

Other services and interest
$
(1
)
 
$
(1
)
 
$
1

Corporate expenses (net)
$
304

 
$
334

 
$
322

Other
 
 
 
 
 
Dividends declared
$
370

 
$
342

 
$
317

Dividends paid
$
370

 
$
342

 
$
317

Capital contribution from DTE Energy
$
190

 
$
400

 
$
—


DTE Electric's Accounts receivable and Accounts payable related to Affiliates are payable upon demand and are generally settled in cash within a monthly business cycle. Notes receivable and Short-term borrowings related to Affiliates are subject to a credit agreement with DTE Energy whereby short-term excess cash or cash shortfalls are remitted to or funded by DTE Energy. This credit arrangement involves the charge and payment of interest at market-based rates. Refer to the Consolidated Statements of Financial Position for affiliate balances at December 31, 2014 and 2013.
There were no charitable contributions to the DTE Energy Foundation for the years ended December 31, 2014 and December 31, 2012, while there were $18 million in contributions for the year ended December 31, 2013. The DTE Energy Foundation is a non-consolidated not-for-profit private foundation, the purpose of which is to contribute and assist charitable organizations.