XML 21 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating Revenues        
Utility operations $ 1,573 $ 1,748 $ 4,714 $ 4,847
Non-utility operations 1,672 1,180 4,622 2,909
Operating Revenues 3,245 2,928 9,336 7,756
Operating Expenses        
Fuel, purchased power, and gas — utility 437 503 1,362 1,482
Fuel, purchased power, and gas — non-utility 1,469 1,034 3,897 2,527
Operation and maintenance 566 562 1,725 1,620
Depreciation and amortization 258 230 756 702
Taxes other than income 91 92 297 282
Asset (gains) losses and impairments, net 6 0 9 (1)
Operating Expenses 2,827 2,421 8,046 6,612
Operating Income 418 507 1,290 1,144
Other (Income) and Deductions        
Interest expense 146 114 404 341
Interest income (4) (3) (9) (17)
Other income (74) (51) (204) (160)
Other expenses 13 12 26 27
Total Other (Income) and Deductions 81 72 217 191
Income Before Income Taxes 337 435 1,073 953
Income Tax Expense 74 110 241 243
Net Income 263 325 832 710
Less: Net Loss Attributable to Noncontrolling Interests (7) (13) (15) (27)
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 270 $ 338 $ 847 $ 737
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.51 $ 1.88 $ 4.72 $ 4.10
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 1.51 $ 1.88 $ 4.72 $ 4.10
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 $ 0.77 $ 2.475 $ 2.23
DTE Electric        
Operating Revenues        
Utility operations $ 1,434 $ 1,608 $ 3,827 $ 3,976
Operating Expenses        
Fuel and purchased power — utility 428 495 1,097 1,191
Operation and maintenance 349 363 1,068 1,019
Depreciation and amortization 188 176 549 539
Taxes other than income 74 73 229 216
Operating Expenses 1,039 1,107 2,943 2,965
Operating Income 395 501 884 1,011
Other (Income) and Deductions        
Interest expense 68 66 206 196
Interest income 0 0 0 (8)
Other income (21) (15) (57) (48)
Other expenses 11 9 23 22
Total Other (Income) and Deductions 58 60 172 162
Income Before Income Taxes 337 441 712 849
Income Tax Expense 118 156 249 302
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 219 $ 285 $ 463 $ 547