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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 150 $ 28
Restricted cash 6 7
Accounts receivable (less allowance for doubtful accounts of $100 and $92, respectively)    
Customer 1,628 1,695
Other 184 135
Inventories    
Fuel and gas 226 368
Materials, supplies, and other 503 490
Derivative assets 352 181
Regulatory assets 309 195
Other 252 218
Total Current Assets 3,610 3,317
Investments    
Nuclear decommissioning trust funds 2,010 2,071
Investments in equity method investees 174 187
Other 175 194
Total Investments 2,359 2,452
Property    
Property, plant, and equipment 37,606 37,083
Accumulated depreciation and amortization (10,340) (10,139)
Property, plant, and equipment, net 27,266 26,944
Other Assets    
Goodwill 1,993 1,993
Regulatory assets 3,313 3,482
Securitized regulatory assets 229 0
Intangible assets 175 177
Notes receivable 319 310
Derivative assets 114 90
Prepaid postretirement costs 705 678
Operating lease right-of-use assets 93 97
Other 184 179
Total Other Assets 7,125 7,006
Total Assets 40,360 39,719
Current Liabilities    
Accounts payable 1,320 1,414
Accrued interest 149 140
Dividends payable 171 171
Short-term borrowings 244 758
Current portion long-term debt, including securitization bonds and finance leases 2,645 2,874
Derivative liabilities 453 238
Gas inventory equalization 108 0
Regulatory liabilities 105 156
Operating lease liabilities 13 14
Other 472 581
Total Current Liabilities 5,680 6,346
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 14,520 13,629
Securitization bonds 209 0
Junior subordinated debentures 883 883
Finance lease liabilities 17 19
Total Long-Term Debt (net of current portion) 15,629 14,531
Other Liabilities    
Deferred income taxes 2,233 2,163
Regulatory liabilities 3,033 3,106
Asset retirement obligations 3,217 3,162
Unamortized investment tax credit 158 158
Derivative liabilities 280 192
Accrued pension liability 314 339
Accrued postretirement liability 350 358
Nuclear decommissioning 312 321
Operating lease liabilities 71 74
Other 216 256
Total Other Liabilities 10,184 10,129
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock (No par value, 400,000,000 shares authorized, and 193,739,166 and 193,747,509 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively) 5,310 5,379
Retained earnings 3,662 3,438
Accumulated other comprehensive loss (109) (112)
Total DTE Energy/DTE Electric Company Equity 8,863 8,705
Noncontrolling interests 4 8
Total Equity 8,867 8,713
Total Liabilities and Equity $ 40,360 $ 39,719