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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Utility operations $ 1,435 $ 1,357 $ 3,099 $ 3,198
Non-utility operations 827 911 1,729 2,054
Operating Revenues 2,262 2,268 4,828 5,252
Operating Expenses        
Fuel, purchased power, and gas — utility 414 434 979 1,127
Fuel, purchased power, and gas — non-utility 717 769 1,493 1,774
Operation and maintenance 542 532 1,058 1,058
Depreciation and amortization 243 220 472 429
Taxes other than income 91 91 190 191
Asset (gains) losses and impairments, net (1) 18 (1) 8
Operating Expenses 2,006 2,064 4,191 4,587
Operating Income 256 204 637 665
Other (Income) and Deductions        
Interest expense 114 115 227 225
Interest income (3) (2) (14) (6)
Other income (57) (49) (109) (100)
Other expenses 7 9 15 19
Total Other (Income) and Deductions 61 73 119 138
Income Before Income Taxes 195 131 518 527
Income Tax Expense 50 26 133 148
Net Income 145 105 385 379
Less: Net Loss Attributable to Noncontrolling Interests (7) (4) (14) (3)
Net Income (Loss) Attributable to DTE Energy Company/DTE Electric $ 152 $ 109 $ 399 $ 382
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.84 $ 0.61 $ 2.22 $ 2.13
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.84 $ 0.61 $ 2.22 $ 2.13
Weighted Average Common Shares Outstanding        
Basic (in shares) 179 179 179 179
Diluted (in shares) 180 179 180 179
Dividends Declared per Common Share (in dollars per share) $ 0.73 $ 0.69 $ 1.46 $ 1.38
DTE Electric        
Utility operations $ 1,215 $ 1,147 $ 2,368 $ 2,350
Operating Expenses        
Fuel and purchased power — utility 361 381 696 771
Operation and maintenance 332 319 656 636
Depreciation and amortization 187 165 363 320
Taxes other than income 70 68 143 141
Operating Expenses 950 933 1,858 1,868
Operating Income 265 214 510 482
Other (Income) and Deductions        
Interest expense 65 67 130 130
Interest income 0 0 (8) 0
Other income (17) (13) (33) (28)
Other expenses 6 8 13 17
Total Other (Income) and Deductions 54 62 102 119
Income Before Income Taxes 211 152 408 363
Income Tax Expense 76 53 146 127
Net Income (Loss) Attributable to DTE Energy Company/DTE Electric $ 135 $ 99 $ 262 $ 236