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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities    
Net Income $ 904 $ 922
Net Income 902 929
Adjustments to reconcile Net Income to Net cash from operating activities:    
Depreciation and amortization 923 826
Nuclear fuel amortization 45 39
Allowance for equity funds used during construction (18) (20)
Deferred income taxes 285 118
Equity earnings of equity method investees (77) (99)
Dividends from equity method investees 129 48
Asset (gains) losses and impairments, net 14 11
Changes in assets and liabilities:    
Accounts receivable, net 188 85
Inventories 5 11
Prepaid postretirement benefit costs (29) (45)
Accounts payable (291) 9
Accrued pension liability (179) (205)
Accrued postretirement liability 0 (61)
Derivative assets and liabilities 8 24
Regulatory assets and liabilities 203 283
Other current and noncurrent assets and liabilities (209) 101
Net cash from operating activities 1,901 2,047
Investing Activities    
Plant and equipment expenditures — utility (1,982) (1,562)
Plant and equipment expenditures — non-utility (177) (217)
Acquisition, net of cash acquired (174) 0
Notes receivable (81) 0
Proceeds from sale of nuclear decommissioning trust fund assets 594 810
Investment in nuclear decommissioning trust funds (599) (810)
Distributions from equity method investees 9 8
Contributions to equity method investees (128) (545)
Other (20) (20)
Net cash used for investing activities (2,558) (2,336)
Financing Activities    
Issuance of long-term debt, net of issuance costs 1,433 1,433
Redemption of long-term debt 0 (105)
Short-term borrowings, net 115  
Short-term borrowings, net   (544)
Issuance of common stock 0 7
Dividends paid on common stock (518) (459)
Contributions from noncontrolling interests, principally REF entities 23 43
Distributions to noncontrolling interests (44) (31)
Purchases of noncontrolling interest, principally SGG (300) 0
Other (52) (40)
Net cash from financing activities 657 304
Net Increase (Decrease) in Cash and Cash Equivalents 0 15
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 76 89
Cash, Cash Equivalents, and Restricted Cash at End of Period 76 104
Supplemental disclosure of non-cash investing and financing activities    
Plant and equipment expenditures in accounts payable 292 275
DTE Electric    
Operating Activities    
Net Income 587 608
Adjustments to reconcile Net Income to Net cash from operating activities:    
Depreciation and amortization 694 616
Nuclear fuel amortization 45 39
Allowance for equity funds used during construction (17) (14)
Deferred income taxes 66 156
Asset (gains) losses and impairments, net 13 0
Changes in assets and liabilities:    
Accounts receivable, net (20) (89)
Inventories (14) 43
Accounts payable (15) 18
Accrued pension liability — affiliates (107) (185)
Accrued postretirement liability — affiliates (16) (71)
Regulatory assets and liabilities 178 195
Other current and noncurrent assets and liabilities (237) (71)
Net cash from operating activities 1,157 1,245
Investing Activities    
Plant and equipment expenditures (1,611) (1,248)
Proceeds from sale of nuclear decommissioning trust fund assets 594 810
Investment in nuclear decommissioning trust funds (599) (810)
Other (19) (7)
Net cash used for investing activities (1,635) (1,255)
Financing Activities    
Issuance of long-term debt, net of issuance costs 643 520
Short-term borrowings, net — affiliate (4) 27
Short-term borrowings, net — other 233 (187)
Dividends paid on common stock (370) (346)
Other (16) (7)
Net cash from financing activities 486 7
Net Increase (Decrease) in Cash and Cash Equivalents 8 (3)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 18 15
Cash, Cash Equivalents, and Restricted Cash at End of Period 26 12
Supplemental disclosure of non-cash investing and financing activities    
Plant and equipment expenditures in accounts payable $ 168 $ 152