Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of DTE Energy's basic and diluted income per share calculation:

	Three Months Ended March 31,
	2022		2021
	(In millions, except per share amounts)
Basic Earnings per Share
Net Income Attributable to DTE Energy Company — continuing operations	$	394	$	320
Less: Allocation of earnings to net restricted stock awards	1		—
	$	393	$	320
Net Income Attributable to DTE Energy Company — discontinued operations	—		77
Net income available to common shareholders — basic	$	393	$	397
Average number of common shares outstanding — basic	193		194
Income from continuing operations	$	2.03	$	1.65
Income from discontinued operations	—		0.40
Basic Earnings per Common Share	$	2.03	$	2.05
Diluted Earnings per Share
Net Income Attributable to DTE Energy Company — continuing operations	$	394	$	320
Less: Allocation of earnings to net restricted stock awards	1		—
	$	393	$	320
Net Income Attributable to DTE Energy Company — discontinued operations	—		77
Net income available to common shareholders — diluted	$	393	$	397
Average number of common shares outstanding — basic	193		194
Average dilutive equity units and performance share awards	1		—
Average number of common shares outstanding — diluted	194		194
Income from continuing operations	$	2.03	$	1.65
Income from discontinued operations	—		0.40
Diluted Earnings per Common Share(a)	$	2.03	$	2.05

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(a)Equity units excluded from the calculation of diluted EPS were approximately 10.7 million and 10.3 million for the three months ended March 31, 2022 and 2021, respectively, as the dilutive stock price threshold was not met.