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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating Revenues        
Utility operations $ 1,423 $ 1,435 $ 3,141 $ 3,099
Non-utility operations 1,432 827 2,950 1,729
Operating Revenues 2,855 2,262 6,091 4,828
Operating Expenses        
Fuel, purchased power, and gas — utility 396 414 925 979
Fuel, purchased power, and gas — non-utility 1,248 717 2,428 1,493
Operation and maintenance 559 542 1,159 1,058
Depreciation and amortization 249 243 498 472
Taxes other than income 97 91 206 190
Asset (gains) losses and impairments, net 3 (1) 3 (1)
Operating Expenses 2,552 2,006 5,219 4,191
Operating Income 303 256 872 637
Other (Income) and Deductions        
Interest expense 133 114 258 227
Interest income (2) (3) (5) (14)
Other income (66) (57) (130) (109)
Other expenses 6 7 13 15
Total Other (Income) and Deductions 71 61 136 119
Income Before Income Taxes 232 195 736 518
Income Tax Expense 57 50 167 133
Net Income 175 145 569 385
Less: Net Loss Attributable to Noncontrolling Interests (2) (7) (8) (14)
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 177 $ 152 $ 577 $ 399
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.99 $ 0.84 $ 3.21 $ 2.22
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.99 $ 0.84 $ 3.21 $ 2.22
Weighted Average Common Shares Outstanding        
Basic (in shares) 179 179 179 179
Diluted (in shares) 179 180 179 180
Dividends Declared per Common Share (in dollars per share) $ 0.825 $ 0.73 $ 1.65 $ 1.46
DTE Electric        
Operating Revenues        
Utility operations $ 1,218 $ 1,215 $ 2,393 $ 2,368
Operating Expenses        
Fuel and purchased power — utility 355 361 669 696
Operation and maintenance 336 332 719 656
Depreciation and amortization 180 187 361 363
Taxes other than income 75 70 155 143
Operating Expenses 946 950 1,904 1,858
Operating Income 272 265 489 510
Other (Income) and Deductions        
Interest expense 72 65 138 130
Interest income 0 0 0 (8)
Other income (17) (17) (36) (33)
Other expenses 5 6 12 13
Total Other (Income) and Deductions 60 54 114 102
Income Before Income Taxes 212 211 375 408
Income Tax Expense 74 76 131 146
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 138 $ 135 $ 244 $ 262