Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

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,
		2023		2022
	(In millions, except per share amounts)
Basic Earnings per Share
Net Income Attributable to DTE Energy Company		$	445	$	394
Less: Allocation of earnings to net restricted stock awards		1		1
Net income available to common shareholders — basic		$	444	$	393
Average number of common shares outstanding — basic		206		193
Basic Earnings per Common Share		$	2.16	$	2.03
Diluted Earnings per Share
Net Income Attributable to DTE Energy Company		$	445	$	394
Less: Allocation of earnings to net restricted stock awards		1		1
Net income available to common shareholders — diluted		$	444	$	393
Average number of common shares outstanding — basic		206		193
Average performance share awards		—		1
Average number of common shares outstanding — diluted		206		194
Diluted Earnings per Common Share(a)		$	2.16	$	2.03

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(a)Equity units excluded from the calculation of diluted EPS were approximately 10.7 million for the three months ended March 31, 2022, as the dilutive stock price threshold was not met. These equity units were settled in November 2022 resulting in the issuance of common stock.