XML 19 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Utility operations $ 1,748 $ 1,528 $ 4,847 $ 4,726
Non-utility operations 1,180 1,070 2,909 3,124
Operating Revenues 2,928 2,598 7,756 7,850
Operating Expenses        
Fuel, purchased power, and gas — utility 503 458 1,482 1,585
Fuel, purchased power, and gas — non-utility 1,034 870 2,527 2,644
Operation and maintenance 562 542 1,620 1,600
Depreciation and amortization 230 196 702 625
Taxes other than income 92 91 282 282
Asset (gains) losses and impairments, net 0 1 (1) 9
Operating Expenses 2,421 2,158 6,612 6,745
Operating Income 507 440 1,144 1,105
Other (Income) and Deductions        
Interest expense 114 116 341 341
Interest income (3) (4) (17) (10)
Other income (51) (55) (160) (155)
Other expenses 12 17 27 36
Total Other (Income) and Deductions 72 74 191 212
Income Before Income Taxes 435 366 953 893
Income Tax Expense 110 102 243 250
Net Income 325 264 710 643
Less: Net Loss Attributable to Noncontrolling Interests (13) (1) (27) (4)
Net Income Attributable to DTE Energy Company/DTE Electric $ 338 $ 265 $ 737 $ 647
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.88 $ 1.47 $ 4.10 $ 3.61
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.88 $ 1.47 $ 4.10 $ 3.61
Weighted Average Common Shares Outstanding        
Basic (in shares) 179 179 179 179
Diluted (in shares) 180 180 180 179
Dividends Declared per Common Share (in dollars per share) $ 0.77 $ 0.73 $ 2.23 $ 2.11
DTE Electric        
Utility operations $ 1,608 $ 1,385 $ 3,976 $ 3,735
Operating Expenses        
Fuel and purchased power — utility 495 441 1,191 1,212
Operation and maintenance 363 330 1,019 966
Depreciation and amortization 176 141 539 461
Taxes other than income 73 73 216 214
Operating Expenses 1,107 985 2,965 2,853
Operating Income 501 400 1,011 882
Other (Income) and Deductions        
Interest expense 66 66 196 196
Interest income 0 0 (8) 0
Other income (15) (14) (48) (42)
Other expenses 9 15 22 32
Total Other (Income) and Deductions 60 67 162 186
Income Before Income Taxes 441 333 849 696
Income Tax Expense 156 117 302 244
Net Income Attributable to DTE Energy Company/DTE Electric $ 285 $ 216 $ 547 $ 452