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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of DTE Energy's basic and diluted income per share calculation for the three and nine months ended September 30:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions, except per share amounts)
Basic Earnings per Share
 
 
 
 
 
 
 
Net Income Attributable to DTE Energy Company
$
338

 
$
265

 
$
737

 
$
647

Average number of common shares outstanding
179

 
179

 
179

 
179

Dividends declared — common shares
$
138

 
$
131

 
$
399

 
$
378

Dividends declared — net restricted shares

 

 
1

 
1

Total distributed earnings
$
138

 
$
131

 
$
400

 
$
379

Net Income less distributed earnings
$
200

 
$
134

 
$
337

 
$
268

Distributed (dividends per common share)
$
0.77

 
$
0.73

 
$
2.23

 
$
2.11

Undistributed
1.11

 
0.74

 
1.87

 
1.50

Total Basic Earnings per Common Share
$
1.88

 
$
1.47

 
$
4.10

 
$
3.61

Diluted Earnings per Share
 
 
 
 
 
 
 
Net Income Attributable to DTE Energy Company
$
338

 
$
265

 
$
737

 
$
647

Average number of common shares outstanding
179

 
180

 
179

 
179

Average incremental shares from assumed exercise of options
1

 

 
1

 

Common shares for dilutive calculation
180

 
180

 
180

 
179

Dividends declared — common shares
$
138

 
$
131

 
$
399

 
$
378

Dividends declared — net restricted shares

 

 
1

 
1

Total distributed earnings
$
138

 
$
131

 
$
400

 
$
379

Net Income less distributed earnings
$
200

 
$
134

 
$
337

 
$
268

Distributed (dividends per common share)
$
0.77

 
$
0.73

 
$
2.23

 
$
2.11

Undistributed
1.11

 
0.74

 
1.87

 
1.50

Total Diluted Earnings per Common Share
$
1.88

 
$
1.47

 
$
4.10

 
$
3.61