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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 3,448 $ 514
Restricted cash 2 2
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,550 1,665
Other 157 127
Inventories    
Fuel and gas 297 335
Materials, supplies, and other 469 381
Derivative assets 171 116
Regulatory assets 127 129
Other 181 229
Total Current Assets 6,402 3,498
Investments    
Nuclear decommissioning trust funds 2,019 1,855
Investments in equity method investees 1,860 1,868
Other 191 196
Total Investments 4,070 3,919
Property    
Property, plant, and equipment 39,486 37,997
Accumulated depreciation and amortization (10,346) (10,028)
Property, plant, and equipment, net 29,140 27,969
Other Assets    
Goodwill 2,466 2,466
Regulatory assets 4,002 4,128
Intangible assets 2,296 2,339
Notes receivable 312 280
Derivative assets 50 40
Prepaid postretirement costs 602 561
Operating lease right-of-use assets 138 152
Other 158 144
Total Other Assets 10,024 10,110
Total Assets 49,636 45,496
Accounts payable    
Accounts payable 1,173 1,029
Accrued interest 168 158
Dividends payable 370 210
Short-term borrowings 69 38
Current portion long-term debt, including finance leases 1,047 469
Derivative liabilities 232 68
Gas inventory equalization 31 0
Regulatory liabilities 38 39
Short-term borrowings    
Operating lease liabilities 32 33
Other 577 647
Total Current Liabilities 3,737 2,691
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 20,987 17,802
Junior subordinated debentures 883 1,175
Finance lease liabilities 21 24
Total Long-Term Debt (net of current portion) 21,891 19,001
Other Liabilities    
Deferred income taxes 2,952 2,822
Regulatory liabilities 3,349 3,363
Asset retirement obligations 2,947 2,839
Unamortized investment tax credit 159 162
Derivative liabilities 164 60
Accrued pension liability 753 797
Accrued postretirement liability 396 407
Nuclear decommissioning 311 283
Operating lease liabilities 98 111
Other 340 371
Total Other Liabilities 11,469 11,215
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,361 5,406
Retained earnings 7,149 7,156
Accumulated other comprehensive loss (132) (137)
Total DTE Energy/DTE Electric Company Equity 12,378 12,425
Noncontrolling interests 161 164
Total Equity 12,539 12,589
Total Liabilities and Equity 49,636 45,496
DTE Electric    
Current Assets    
Cash and cash equivalents 11 16
Accounts receivable (less allowance for doubtful accounts)    
Customer 780 763
Affiliates 6 13
Other 82 62
Inventories    
Fuel and gas 174 187
Materials, supplies, and other 319 292
Regulatory assets 124 123
Other 76 71
Total Current Assets 1,572 1,527
Investments    
Nuclear decommissioning trust funds 2,019 1,855
Other 45 42
Total Investments 2,064 1,897
Property    
Property, plant, and equipment 27,462 26,171
Accumulated depreciation and amortization (7,324) (7,050)
Property, plant, and equipment, net 20,138 19,121
Other Assets    
Regulatory assets 3,347 3,440
Intangible assets 3 11
Prepaid postretirement costs — affiliates 359 335
Operating lease right-of-use assets 70 75
Other 120 107
Total Other Assets 3,899 3,968
Total Assets 27,673 26,513
Accounts payable    
Affiliates 59 62
Other 466 410
Accrued interest 96 91
Current portion long-term debt, including finance leases 436 468
Regulatory liabilities 30 18
Short-term borrowings    
Affiliates 194 101
Operating lease liabilities 11 11
Other 176 219
Total Current Liabilities 1,468 1,380
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 8,514 7,774
Finance lease liabilities 10 13
Total Long-Term Debt (net of current portion) 8,524 7,787
Other Liabilities    
Deferred income taxes 2,602 2,525
Regulatory liabilities 2,441 2,432
Asset retirement obligations 2,710 2,607
Unamortized investment tax credit 159 162
Nuclear decommissioning 311 283
Accrued pension liability — affiliates 708 731
Accrued postretirement liability — affiliates 375 384
Operating lease liabilities 51 56
Other 101 96
Total Other Liabilities 9,458 9,276
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,447 5,447
Retained earnings 2,776 2,623
Total DTE Energy/DTE Electric Company Equity 8,223 8,070
Total Liabilities and Equity $ 27,673 $ 26,513