Long-Term Debt

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Long-Term Debt

LONG-TERM DEBT

Debt Issuances

In 2018, the following debt was issued:

Company	Month	Type	Interest Rate	Maturity Date	Amount
					(In millions)
DTE Electric	May	Mortgage Bonds(a)	4.05%	2048	$	525
					$	525

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(a) Bonds were issued as Green Bonds and the proceeds will be used to finance expenditures for solar and wind energy, payments under power purchase agreements for solar and wind energy, and energy optimization programs.

Debt Redemptions

In 2018, the following debt was redeemed:

Company	Month	Type	Interest Rate	Maturity Date	Amount
					(In millions)
DTE Gas	April	Senior Notes	6.04%	2018	$	100
DTE Energy	Various	Other Long-Term Debt	Various	2018	2
					$	102

In June 2018, DTE Gas agreed to issue $195 million of 3.81% First Mortgage Bonds due 2028 and $125 million of 4.14% First Mortgage Bonds due 2048 to a group of institutional investors in a private placement transaction. These bonds are expected to close and fund in August 2018. Proceeds will be used for the repayment of short-term borrowings and for general corporate purposes.