Revenue (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following is a summary of revenues disaggregated by segment for DTE Energy:

	Three Months Ended March 31,
	2022		2021
	(In millions)
Electric(a)
Residential	$	700	$	672
Commercial	477		451
Industrial	161		159
Other(b)	152		82
Total Electric operating revenues	$	1,490	$	1,364
Gas
Gas sales	$	596	$	461
End User Transportation	98		85
Intermediate Transportation	29		26
Other(b)	43		40
Total Gas operating revenues	$	766	$	612
Other segment operating revenues
DTE Vantage	$	179	$	366
Energy Trading	$	2,203	$	1,439

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(a)Revenues generally represent those of DTE Electric, except $4 million of Other revenues related to DTE Sustainable Generation for the three months ended March 31, 2022 and 2021.

(b)Includes revenue adjustments related to various regulatory mechanisms.

Revenues included the following which were outside the scope of Topic 606:

	Three Months Ended March 31,
	2022		2021
	(In millions)
Electric — Other revenues	$	4	$	3
Gas — Other revenues	$	2	$	2
DTE Vantage — Leases	$	20	$	21
Energy Trading — Derivatives	$	1,734	$	1,146

Summary of Deferred Revenue Activity

The following is a summary of deferred revenue activity:

	DTE Energy
	(In millions)
Beginning Balance, January 1, 2022	$	78
Increases due to cash received or receivable, excluding amounts recognized as revenue during the period	27
Revenue recognized that was included in the deferred revenue balance at the beginning of the period	(26)
Ending Balance, March 31, 2022	$	79

Deferred Revenue Amounts Expected to be Recognized as Revenue in Future Periods

The following table represents deferred revenue amounts for DTE Energy that are expected to be recognized as revenue in future periods:

	DTE Energy
	(In millions)
2022	$	68
2023	8
2024	1
2025	—
2026	—
2027 and thereafter	2
	$	79

The Registrants expect to recognize revenue for the following amounts related to fixed consideration associated with remaining performance obligations in each of the future periods noted:

	DTE Energy		DTE Electric
	(In millions)
2022	$	218	$	6
2023	296		7
2024	183		7
2025	106		1
2026	63		—
2027 and thereafter	365		—
	$	1,231	$	21