XML 21 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating Revenues        
Utility operations $ 1,669 $ 1,573 $ 4,923 $ 4,714
Non-utility operations 1,881 1,672 5,539 4,622
Operating Revenues 3,550 3,245 10,462 9,336
Operating Expenses        
Fuel, purchased power, and gas — utility 453 437 1,440 1,362
Fuel, purchased power, and gas — non-utility 1,682 1,469 4,898 3,897
Operation and maintenance 604 550 1,721 1,676
Depreciation and amortization 273 258 826 756
Taxes other than income 99 91 307 297
Asset (gains) losses and impairments, net 10 6 8 9
Operating Expenses 3,121 2,811 9,200 7,997
Operating Income 429 434 1,262 1,339
Other (Income) and Deductions        
Interest expense 142 146 412 404
Interest income (3) (4) (9) (9)
Non-operating retirement benefits, net 9 16 27 49
Other income (99) (74) (262) (204)
Other expenses 11 13 51 26
Total Other (Income) and Deductions 60 97 219 266
Income Before Income Taxes 369 337 1,043 1,073
Income Tax Expense 34 74 121 241
Net Income 335 263 922 832
Less: Net Income (Loss) Attributable to Noncontrolling Interests 1 (7) (7) (15)
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 334 $ 270 $ 929 $ 847
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.84 $ 1.51 $ 5.13 $ 4.72
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.84 $ 1.51 $ 5.13 $ 4.72
Weighted Average Common Shares Outstanding        
Basic (in shares) 182 179 181 179
Diluted (in shares) 182 179 181 179
Dividends Declared per Common Share (in dollars per share) $ 0 $ 0 $ 2.65 $ 2.48
DTE Electric        
Operating Revenues        
Utility operations $ 1,521 $ 1,434 $ 4,002 $ 3,827
Operating Expenses        
Fuel, purchased power, and gas — utility 438 428 1,163 1,097
Operation and maintenance 360 349 1,025 1,068
Depreciation and amortization 202 188 616 549
Taxes other than income 77 74 232 229
Operating Expenses 1,077 1,039 3,036 2,943
Operating Income 444 395 966 884
Other (Income) and Deductions        
Interest expense 73 68 210 206
Non-operating retirement benefits, net (1) 0 (1) 0
Other income (23) (21) (72) (57)
Other expenses 9 11 49 23
Total Other (Income) and Deductions 58 58 186 172
Income Before Income Taxes 386 337 780 712
Income Tax Expense 81 118 172 249
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 305 $ 219 $ 608 $ 463