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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating Activities    
Net Income $ 379 $ 453
Net Income 382 450
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 429 562
Nuclear fuel amortization 28 19
Allowance for equity funds used during construction (10) (11)
Deferred income taxes 148 196
Asset (gains) losses and impairments, net 8 (7)
Changes in assets and liabilities:    
Accounts receivable, net 234 145
Inventories 73 9
Accounts payable (119) 104
Gas inventory equalization 56 38
Accrued pension obligation (96) (89)
Accrued postretirement obligation (192) (43)
Derivative assets and liabilities 48 (59)
Regulatory assets and liabilities 89 (224)
Other current and noncurrent assets and liabilities 105 (17)
Net cash from operating activities 1,180 1,076
Investing Activities    
Plant and equipment expenditures — utility (781) (924)
Plant and equipment expenditures — non-utility (114) (156)
Acquisition (241) 0
Proceeds from sale of assets 16 31
Restricted cash for debt redemption, principally Securitization 99 13
Proceeds from sale of nuclear decommissioning trust fund assets 440 475
Investment in nuclear decommissioning trust funds (446) (483)
Other (9) (23)
Net cash used for investing activities (1,036) (1,067)
Financing Activities    
Issuance of long-term debt, net of issuance costs 793 595
Redemption of long-term debt (118) (664)
Short-term borrowings, net (398) 380
Issuance of common stock 9 0
Repurchase of common stock 0 (52)
Dividends on common stock (246) (232)
Other (2) (13)
Net cash from financing activities 38 14
Net Increase in Cash and Cash Equivalents 182 23
Cash and Cash Equivalents at Beginning of Period 48 52
Cash and Cash Equivalents at End of Period 230 75
Supplemental disclosure of non-cash investing and financing activities    
Plant and equipment expenditures in accounts payable 206 209
DTE Electric    
Operating Activities    
Net Income 236 267
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 320 457
Nuclear fuel amortization 28 19
Allowance for equity funds used during construction (10) (11)
Deferred income taxes 127 145
Changes in assets and liabilities:    
Accounts receivable, net (43) (14)
Inventories (15) (28)
Accounts payable (28) 10
Accrued pension liability — affiliates (183) (83)
Accrued postretirement liability — affiliates (150) (28)
Regulatory assets and liabilities 38 (152)
Other current and noncurrent assets and liabilities 48 (87)
Net cash from operating activities 368 495
Investing Activities    
Plant and equipment expenditures (665) (832)
Acquisition (241) 0
Restricted cash for debt redemption, principally Securitization 96 12
Notes receivable from affiliate 8 200
Proceeds from sale of nuclear decommissioning trust fund assets 440 475
Investment in nuclear decommissioning trust funds (446) (483)
Transfer of Rabbi Trust assets to affiliate 137 0
Other 14 (15)
Net cash used for investing activities (657) (643)
Financing Activities    
Issuance of long-term debt, net of issuance costs 495 248
Redemption of long-term debt (115) (281)
Capital contribution by parent company 300 0
Short-term borrowings, net — other (50) 275
Short-term borrowings, net — affiliate (30) 97
Dividends on common stock (199) (185)
Other (3) (4)
Net cash from financing activities 398 150
Net Increase in Cash and Cash Equivalents 109 2
Cash and Cash Equivalents at Beginning of Period 14 27
Cash and Cash Equivalents at End of Period 123 29
Supplemental disclosure of non-cash investing and financing activities    
Plant and equipment expenditures in accounts payable $ 154 $ 152