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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 945 $ 93
Restricted cash 17 0
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,419 1,642
Other 140 245
Inventories    
Fuel and gas 412 373
Materials and supplies 403 386
Derivative assets 65 133
Regulatory assets 125 5
Other 295 209
Total Current Assets 3,821 3,086
Investments    
Nuclear decommissioning trust funds 1,664 1,661
Investments in equity method investees 1,865 1,862
Other 186 265
Total Investments 3,715 3,788
Property    
Property, plant, and equipment 37,256 35,072
Accumulated depreciation and amortization (10,097) (9,755)
Property, plant, and equipment, net 27,159 25,317
Other Assets    
Goodwill 2,465 2,464
Regulatory assets 4,187 4,171
Intangible assets 2,358 2,393
Notes receivable 255 202
Derivative assets 29 41
Prepaid postretirement costs 125 69
Operating lease right-of-use assets 157 169
Other 168 182
Total Other Assets 9,744 9,691
Total Assets 44,439 41,882
Accounts payable    
Accounts payable 964 1,076
Accrued interest 167 147
Dividends payable 196 195
Short-term borrowings 988 828
Current portion long-term debt, including finance leases 467 687
Derivative liabilities 60 83
Regulatory liabilities 34 65
Short-term borrowings    
Operating lease liabilities 32 33
Acquisition related deferred payment 0 379
Other 509 504
Total Current Liabilities 3,417 3,997
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 17,052 14,778
Junior subordinated debentures 1,146 1,146
Finance lease liabilities 21 11
Total Long-Term Debt (net of current portion) 18,219 15,935
Other Liabilities    
Deferred income taxes 2,736 2,315
Regulatory liabilities 3,129 3,264
Asset retirement obligations 2,794 2,672
Unamortized investment tax credit 163 166
Derivative liabilities 44 86
Accrued pension liability 682 808
Nuclear decommissioning 251 249
Operating lease liabilities 116 127
Other 400 427
Total Other Liabilities 10,315 10,114
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,369 5,233
Retained earnings 7,092 6,587
Accumulated other comprehensive income (loss) (138) (148)
Total DTE Energy/DTE Electric Company Equity 12,323 11,672
Noncontrolling interests 165 164
Total Equity 12,488 11,836
Total Liabilities and Equity 44,439 41,882
DTE Electric    
Current Assets    
Cash and cash equivalents 189 12
Accounts receivable (less allowance for doubtful accounts)    
Customer 784 729
Affiliates 1 25
Other 81 41
Inventories    
Fuel and gas 204 187
Materials and supplies 293 280
Regulatory assets 123 5
Prepaid property tax 115 52
Other 25 26
Total Current Assets 1,815 1,357
Investments    
Nuclear decommissioning trust funds 1,664 1,661
Other 38 38
Total Investments 1,702 1,699
Property    
Property, plant, and equipment 25,585 24,279
Accumulated depreciation and amortization (6,895) (6,706)
Property, plant, and equipment, net 18,690 17,573
Other Assets    
Regulatory assets 3,500 3,448
Intangible assets 11 15
Prepaid postretirement costs — affiliates 266 266
Operating lease right-of-use assets 78 87
Other 137 143
Total Other Assets 3,992 3,959
Total Assets 26,199 24,588
Accounts payable    
Affiliates 65 59
Other 392 406
Accrued interest 79 84
Current portion long-term debt, including finance leases 466 636
Regulatory liabilities 12 40
Short-term borrowings    
Affiliates 104 97
Other 200 354
Operating lease liabilities 12 12
Other 167 155
Total Current Liabilities 1,497 1,843
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 7,773 6,548
Finance lease liabilities 14 4
Total Long-Term Debt (net of current portion) 7,787 6,552
Other Liabilities    
Deferred income taxes 2,489 2,355
Regulatory liabilities 2,441 2,546
Asset retirement obligations 2,564 2,447
Unamortized investment tax credit 163 166
Nuclear decommissioning 251 249
Accrued pension liability — affiliates 637 717
Accrued postretirement liability — affiliates 332 367
Operating lease liabilities 59 67
Other 111 84
Total Other Liabilities 9,047 8,998
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,211 4,811
Retained earnings 2,657 2,384
Total DTE Energy/DTE Electric Company Equity 7,868 7,195
Total Liabilities and Equity $ 26,199 $ 24,588