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Common Stock (Notes)
12 Months Ended
Dec. 31, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class [Table Text Block]
COMMON STOCK

Common Stock

During 2013 and 2012, the Company contributed the following amounts of DTE Energy Common stock to the DTE Energy Company Affiliates Employee Benefit Plans Master Trust:
Date
 
Number of Shares
 
Price Per Share
 
Amount
 
 
 
 
 
 
(In millions)
March 12, 2013
 
750,075

 
$
66.66

 
$
50

June 12, 2013
 
753,579

 
$
66.35

 
50

September 12, 2013
 
1,522,301

 
$
65.69

 
100

 
 
 
 
 
 
$
200

 
 
 
 
 
 
 
June 18, 2012
 
1,334,668

 
$
59.94

 
$
80


The shares for all the contributions were valued at the closing market price of DTE Energy common stock on the contribution dates in accordance with fair value measurement and accounting requirements.

Under the DTE Energy Company Long-Term Incentive Plan, the Company grants non-vested stock awards to key employees, primarily management. As a result of a stock award, a settlement of an award of performance shares, or by exercise of a participant’s stock option, the Company may deliver common stock from the Company’s authorized but unissued common stock and/or from outstanding common stock acquired by or on behalf of the Company in the name of the participant.

Dividends

Certain of the Company’s credit facilities contain a provision requiring the Company to maintain a total funded debt to capitalization ratio, as defined in the agreements, of no more than 0.65 to 1, which has the effect of limiting the amount of dividends the Company can pay in order to maintain compliance with this provision. See Note 17 for a definition of this ratio. The effect of this provision was to restrict the payment of approximately $166 million at December 31, 2013 of total retained earnings of approximately $4 billion. There are no other effective limitations with respect to the Company’s ability to pay dividends.