XML 28 R5.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 514 $ 93
Restricted cash 2 0
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,665 1,642
Other 127 245
Inventories    
Fuel and gas 335 373
Materials, supplies, and other 381 386
Derivative assets 116 133
Regulatory assets 129 5
Other 229 209
Total Current Assets 3,498 3,086
Investments    
Nuclear decommissioning trust funds 1,855 1,661
Investments in equity method investees 1,868 1,862
Other 196 265
Total Investments 3,919 3,788
Property    
Property, plant, and equipment 37,997 35,072
Accumulated depreciation and amortization (10,028) (9,755)
Property, plant and equipment, net 27,969 25,317
Other Assets    
Goodwill 2,466 2,464
Regulatory assets 4,128 4,171
Intangible assets 2,339 2,393
Notes receivable 280 202
Derivative assets 40 41
Prepaid postretirement costs 561 454
Operating lease right-of-use assets 152 169
Other 144 183
Total Other Assets 10,110 10,077
Total Assets 45,496 42,268
Current Liabilities    
Accounts payable 1,029 1,076
Accounts payable    
Accrued interest 158 147
Dividends payable 210 195
Short-term borrowings 38 828
Current portion long-term debt, including finance leases 469 687
Derivative liabilities 68 83
Regulatory liabilities 39 65
Short-term borrowings    
Operating lease liabilities 33 33
Acquisition related deferred payment 0 379
Other 647 504
Total Current Liabilities 2,691 3,997
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 17,802 14,778
Junior subordinated debentures 1,175 1,146
Finance lease obligations 24 11
Total Long-Term Debt (net of current portion) 19,001 15,935
Other Liabilities    
Deferred income taxes 2,822 2,315
Regulatory liabilities 3,363 3,264
Asset retirement obligations 2,839 2,672
Unamortized investment tax credit 162 166
Derivative liabilities 60 86
Accrued pension liability 797 808
Accrued postretirement liability 407 385
Nuclear decommissioning 283 249
Operating lease liability 111 127
Other 371 428
Total Other Liabilities 11,215 10,500
Commitments and Contingencies (Notes 10 and 19)
Equity    
Common stock 5,406 5,233
Retained earnings 7,156 6,587
Accumulated other comprehensive loss (137) (148)
Total DTE Energy Company/DTE Electric Company Equity 12,425 11,672
Noncontrolling interests 164 164
Total Equity 12,589 11,836
Total Liabilities and Equity 45,496 42,268
DTE Electric    
Current Assets    
Cash and cash equivalents 16 12
Accounts receivable (less allowance for doubtful accounts)    
Customer 763 729
Affiliates 13 25
Other 62 41
Inventories    
Fuel and gas 187 187
Materials, supplies, and other 292 280
Regulatory assets 123 5
Other 71 78
Total Current Assets 1,527 1,357
Investments    
Nuclear decommissioning trust funds 1,855 1,661
Other 42 38
Total Investments 1,897 1,699
Property    
Property, plant, and equipment 26,171 24,279
Accumulated depreciation and amortization (7,050) (6,706)
Property, plant and equipment, net 19,121 17,573
Other Assets    
Regulatory assets 3,440 3,448
Intangible assets 11 15
Prepaid postretirement costs — affiliates 335 266
Operating lease right-of-use assets 75 87
Other 107 143
Total Other Assets 3,968 3,959
Total Assets 26,513 24,588
Accounts payable    
Affiliates 62 59
Other 410 406
Accrued interest 91 84
Current portion long-term debt, including finance leases 468 636
Regulatory liabilities 18 40
Short-term borrowings    
Affiliates 101 97
Other 0 354
Operating lease liabilities 11 12
Other 219 155
Total Current Liabilities 1,380 1,843
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 7,774 6,548
Finance lease obligations 13 4
Total Long-Term Debt (net of current portion) 7,787 6,552
Other Liabilities    
Deferred income taxes 2,525 2,355
Regulatory liabilities 2,432 2,546
Asset retirement obligations 2,607 2,447
Unamortized investment tax credit 162 166
Nuclear decommissioning 283 249
Accrued pension liability — affiliates 731 717
Accrued postretirement liability — affiliates 384 367
Operating lease liability 56 67
Other 96 84
Total Other Liabilities 9,276 8,998
Commitments and Contingencies (Notes 10 and 19)
Equity    
Common stock 5,447 4,811
Retained earnings 2,623 2,384
Total DTE Energy Company/DTE Electric Company Equity 8,070 7,195
Total Liabilities and Equity $ 26,513 $ 24,588