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Long-Term Debt
6 Months Ended
Jun. 30, 2015
Long-term Debt, Unclassified [Abstract]  
Long-term Debt
LONG-TERM DEBT
Debt Issuances
In 2015, the following debt was issued:
Company
 
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
 
 
 
(In millions)
DTE Electric
 
March
 
Mortgage Bonds (a)
 
3.70%
 
2045
 
$
500

DTE Energy
 
June
 
Senior Notes (b)
 
3.30%
 
2022
 
300

 
 
 
 
 
 
 
 
 
 
$
800

_______________________________________
(a)
Proceeds were used for the redemption of long-term debt, for the repayment of short-term borrowings and for general corporate purposes.
(b)
Proceeds were used for general corporate purposes.
Debt Redemptions
In 2015, the following debt was redeemed:
Company
 
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
 
 
 
(In millions)
DTE Electric
 
March
 
Securitization Bonds
 
6.62%
 
2015
 
$
105

DTE Electric
 
March
 
Mortgage Bonds
 
7.904%
 
2016
 
10

DTE Energy
 
Various
 
Other Long Term Debt
 
Various
 
2015
 
3

 
 
 
 
 
 
 
 
 
 
$
118