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Consolidated Statements of Operations (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues — Utility operations $ 1,827 $ 2,053 $ 5,504 $ 6,196
Operating Expenses        
Fuel, purchased power, and gas — utility 435 594 1,364 1,901
Taxes other than income 114 111 350 349
Operating Expenses 2,350 4,706 7,764 13,466
Operating Income 538 545 1,587 1,286
Other (Income) and Deductions        
Interest expense 200 171 583 486
Interest income (15) (10) (45) (26)
Non-operating retirement benefits, net 1 (5) 9 (13)
Other income (13) (16) (70) (35)
Other expenses 11 12 26 56
Other (Income) and Deductions 184 152 503 468
Income Before Income Taxes 354 393 1,084 818
Income Tax Expense 22 6 106 0
Net Income Attributable to DTE Energy Company/DTE Electric Company 332 387 978 818
DTE Electric        
Operating Revenues — Utility operations 1,623 1,844 4,324 4,896
Operating Expenses        
Fuel, purchased power, and gas — utility 440 595 1,120 1,551
Operation and maintenance 371 403 1,099 1,167
Depreciation and amortization 334 304 979 899
Taxes other than income 87 85 255 257
Operating Expenses 1,232 1,387 3,453 3,874
Operating Income 391 457 871 1,022
Other (Income) and Deductions        
Interest expense 114 93 319 271
Interest income (3) 0 (14) 0
Non-operating retirement benefits, net (1) (1) (3) (2)
Other income (16) (15) (56) (46)
Other expenses 9 11 22 37
Other (Income) and Deductions 103 88 268 260
Income Before Income Taxes 288 369 603 762
Income Tax Expense 19 6 55 12
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 269 $ 363 $ 548 $ 750