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Long-Term Debt
6 Months Ended
Jun. 30, 2012
Long-term Debt, Unclassified [Abstract]  
Long-term Debt [Text Block]
LONG-TERM DEBT

Debt Issuances

In 2012, the Company issued the following long-term debt (in millions):
Company
 
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
Detroit Edison
 
June
 
Mortgage Bonds (a)
 
2.65
%
 
2022
 
$
250

Detroit Edison
 
June
 
Mortgage Bonds (a)
 
3.95
%
 
2042
 
250

 
 
 
 
 
 
 
 
 
 
$
500


_____________________________
(a)
Proceeds to be used for the early redemption of Detroit Edison long-term debt; for the repayment of short-term borrowings; and for general corporate purposes.

Debt Retirements and Redemptions

In 2012, the following debt was retired, through payment at maturity (in millions):
Company
 
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
MichCon
 
May
 
Secured Medium Term Notes
 
7.06
%
 
2012
 
$
40



In July 2012, Detroit Edison redeemed $225 million of 5.2% senior notes due October 2012.