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Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - 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 $53 and $54, respectively)    
Customer 1,628 1,695
Other 184 135
Inventories    
Fuel 226 368
Materials and supplies 503 490
Regulatory assets 309 195
Other 252 218
Total Current Assets 3,610 3,317
Investments    
Nuclear decommissioning trust funds 2,010 2,071
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    
Regulatory assets 3,313 3,482
Securitized regulatory assets 229 0
Operating lease right-of-use assets 93 97
Other 184 179
Total Other Assets 7,125 7,006
Total Assets 40,360 39,719
Accounts payable    
Accrued interest 149 140
Current portion long-term debt, including securitization bonds and finance leases 2,645 2,874
Regulatory liabilities 105 156
Short-term borrowings    
Operating lease liabilities 13 14
Other 472 581
Total Current Liabilities 5,680 6,346
Long-Term Debt (net of current portion)    
Securitization bonds 209 0
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
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 ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 5,310 5,379
Retained earnings 3,662 3,438
Total DTE Energy/DTE Electric Company Equity 8,863 8,705
Total Liabilities and Equity 40,360 39,719
DTE Electric    
Current Assets    
Cash and cash equivalents 49 9
Restricted cash 1 0
Accounts receivable (less allowance for doubtful accounts of $53 and $54, respectively)    
Customer 659 694
Affiliates 29 36
Other 100 40
Inventories    
Fuel 156 171
Materials and supplies 319 316
Regulatory assets 255 168
Prepaid property tax 98 57
Other 49 44
Total Current Assets 1,715 1,535
Investments    
Nuclear decommissioning trust funds 2,010 2,071
Other 45 44
Total Investments 2,055 2,115
Property    
Property, plant, and equipment 29,260 28,849
Accumulated depreciation and amortization (7,835) (7,676)
Property, plant, and equipment, net 21,425 21,173
Other Assets    
Regulatory assets 2,825 2,968
Securitized regulatory assets 229 0
Prepaid postretirement costs — affiliates 417 402
Operating lease right-of-use assets 62 64
Other 152 148
Total Other Assets 3,685 3,582
Total Assets 28,880 28,405
Accounts payable    
Affiliates 77 83
Other 574 567
Accrued interest 88 95
Current portion long-term debt, including securitization bonds and finance leases 94 322
Regulatory liabilities 102 154
Short-term borrowings    
Affiliates 0 53
Other 0 153
Operating lease liabilities 10 10
Other 179 206
Total Current Liabilities 1,124 1,643
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 9,479 8,591
Securitization bonds 209 0
Finance lease liabilities 5 7
Total Long-Term Debt (net of current portion) 9,693 8,598
Other Liabilities    
Deferred income taxes 2,791 2,741
Regulatory liabilities 2,145 2,221
Asset retirement obligations 2,984 2,932
Unamortized investment tax credit 158 158
Nuclear decommissioning 312 321
Accrued pension liability — affiliates 392 405
Accrued postretirement liability — affiliates 332 340
Operating lease liabilities 44 46
Other 78 97
Total Other Liabilities 9,236 9,261
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,002 6,002
Retained earnings 2,825 2,901
Total DTE Energy/DTE Electric Company Equity 8,827 8,903
Total Liabilities and Equity $ 28,880 $ 28,405