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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating Revenues        
Utility operations $ 1,656 $ 1,669 $ 4,937 $ 4,923
Non-utility operations 1,463 1,881 4,584 5,539
Operating Revenues 3,119 3,550 9,521 10,462
Operating Expenses        
Fuel, purchased power, and gas — utility 400 453 1,342 1,440
Fuel, purchased power, and gas — non-utility 1,257 1,682 3,900 4,898
Operation and maintenance 588 604 1,739 1,721
Depreciation and amortization 322 273 923 826
Taxes other than income 101 99 311 307
Asset (gains) losses and impairments, net 1 10 14 8
Operating Expenses 2,669 3,121 8,229 9,200
Operating Income 450 429 1,292 1,262
Other (Income) and Deductions        
Interest expense 162 142 468 412
Interest income (4) (3) (11) (9)
Non-operating retirement benefits, net 9 9 28 27
Other income (98) (99) (259) (262)
Other expenses 17 11 40 51
Other (Income) and Deductions 86 60 266 219
Income Before Income Taxes 364 369 1,026 1,043
Income Tax Expense 47 34 122 121
Net Income 317 335 904 922
Less: Net Income (Loss) Attributable to Noncontrolling Interests (2) 1 2 (7)
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 319 $ 334 $ 902 $ 929
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.74 $ 1.84 $ 4.93 $ 5.13
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.73 $ 1.84 $ 4.91 $ 5.13
Weighted Average Common Shares Outstanding        
Basic (in shares) 183 182 183 181
Diluted (in shares) 184 182 184 181
DTE Electric        
Operating Revenues        
Utility operations $ 1,519 $ 1,521 $ 3,944 $ 4,002
Operating Expenses        
Fuel, purchased power, and gas — utility 399 438 1,067 1,163
Operation and maintenance 356 360 1,048 1,025
Depreciation and amortization 244 202 694 616
Taxes other than income 80 77 233 232
Asset (gains) losses and impairments, net 0 0 13 0
Operating Expenses 1,079 1,077 3,055 3,036
Operating Income 440 444 889 966
Other (Income) and Deductions        
Interest expense 80 73 234 210
Interest income 0 0 (1) 0
Non-operating retirement benefits, net 0 (1) 0 (1)
Other income (20) (23) (78) (72)
Other expenses 14 9 34 49
Other (Income) and Deductions 74 58 189 186
Income Before Income Taxes 366 386 700 780
Income Tax Expense 59 81 113 172
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 307 $ 305 $ 587 $ 608