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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 1,568 $ 514
Restricted cash 2 2
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,553 1,665
Other 132 127
Inventories    
Fuel and gas 204 335
Materials, supplies, and other 460 381
Derivative assets 73 116
Regulatory assets 117 129
Other 267 229
Total Current Assets 4,376 3,498
Investments    
Nuclear decommissioning trust funds 1,924 1,855
Investments in equity method investees 1,856 1,868
Other 197 196
Total Investments 3,977 3,919
Property    
Property, plant, and equipment 38,430 37,997
Accumulated depreciation and amortization (10,158) (10,028)
Property, plant, and equipment, net 28,272 27,969
Other Assets    
Goodwill 2,466 2,466
Regulatory assets 4,070 4,128
Intangible assets 2,318 2,339
Notes receivable 304 280
Derivative assets 37 40
Prepaid postretirement costs 576 561
Operating lease right-of-use assets 145 152
Other 158 144
Total Other Assets 10,074 10,110
Total Assets 46,699 45,496
Accounts payable    
Accounts payable 955 1,029
Accrued interest 169 158
Dividends payable 210 210
Short-term borrowings 52 38
Current portion long-term debt, including finance leases 469 469
Derivative liabilities 89 68
Gas inventory equalization 68 0
Regulatory liabilities 29 39
Short-term borrowings    
Operating lease liabilities 33 33
Other 521 647
Total Current Liabilities 2,595 2,691
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 18,796 17,802
Junior subordinated debentures 1,175 1,175
Finance lease liabilities 22 24
Total Long-Term Debt (net of current portion) 19,993 19,001
Other Liabilities    
Deferred income taxes 2,894 2,822
Regulatory liabilities 3,416 3,363
Asset retirement obligations 2,879 2,839
Unamortized investment tax credit 160 162
Derivative liabilities 119 60
Accrued pension liability 773 797
Accrued postretirement liability 404 407
Nuclear decommissioning 295 283
Operating lease liabilities 105 111
Other 352 371
Total Other Liabilities 11,397 11,215
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,344 5,406
Retained earnings 7,342 7,156
Accumulated other comprehensive loss (134) (137)
Total DTE Energy/DTE Electric Company Equity 12,552 12,425
Noncontrolling interests 162 164
Total Equity 12,714 12,589
Total Liabilities and Equity 46,699 45,496
DTE Electric    
Current Assets    
Cash and cash equivalents 878 16
Accounts receivable (less allowance for doubtful accounts)    
Customer 664 763
Affiliates 5 13
Other 55 62
Inventories    
Fuel and gas 137 187
Materials, supplies, and other 318 292
Regulatory assets 106 123
Other 122 71
Total Current Assets 2,285 1,527
Investments    
Nuclear decommissioning trust funds 1,924 1,855
Other 44 42
Total Investments 1,968 1,897
Property    
Property, plant, and equipment 26,481 26,171
Accumulated depreciation and amortization (7,112) (7,050)
Property, plant, and equipment, net 19,369 19,121
Other Assets    
Regulatory assets 3,404 3,440
Intangible assets 6 11
Prepaid postretirement costs — affiliates 343 335
Operating lease right-of-use assets 73 75
Other 115 107
Total Other Assets 3,941 3,968
Total Assets 27,563 26,513
Accounts payable    
Affiliates 70 62
Other 361 410
Accrued interest 79 91
Current portion long-term debt, including finance leases 468 468
Regulatory liabilities 24 18
Short-term borrowings    
Affiliates 78 101
Operating lease liabilities 11 11
Other 169 219
Total Current Liabilities 1,260 1,380
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 8,764 7,774
Finance lease liabilities 11 13
Total Long-Term Debt (net of current portion) 8,775 7,787
Other Liabilities    
Deferred income taxes 2,560 2,525
Regulatory liabilities 2,485 2,432
Asset retirement obligations 2,645 2,607
Unamortized investment tax credit 160 162
Nuclear decommissioning 295 283
Accrued pension liability — affiliates 719 731
Accrued postretirement liability — affiliates 382 384
Operating lease liabilities 54 56
Other 97 96
Total Other Liabilities 9,397 9,276
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,447 5,447
Retained earnings 2,684 2,623
Total DTE Energy/DTE Electric Company Equity 8,131 8,070
Total Liabilities and Equity $ 27,563 $ 26,513