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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating Revenues        
Utility operations $ 1,655 $ 1,542 $ 3,608 $ 3,275
Non-utility operations 1,574 1,041 3,399 2,330
Operating Revenues 3,229 2,583 7,007 5,605
Operating Expenses        
Fuel, purchased power, and gas — utility 390 374 934 841
Fuel, purchased power, gas, and other — non-utility 1,357 789 2,957 1,757
Operation and maintenance 621 564 1,229 1,143
Depreciation and amortization 380 350 748 703
Taxes other than income 114 84 236 203
Asset (gains) losses and impairments, net 45 55 44 45
Operating Expenses 2,907 2,216 6,148 4,692
Operating Income 322 367 859 913
Other (Income) and Deductions        
Interest expense 190 179 371 354
Interest income (7) (6) (14) (16)
Non-operating retirement benefits, net 3 6 7 15
Other income (83) (101) (159) (166)
Other expenses 18 6 28 52
Other (Income) and Deductions 121 84 233 239
Income Before Income Taxes 201 283 626 674
Income Tax Expense 22 6 50 55
Net Income 179 277 576 619
Less: Net Income Attributable to Noncontrolling Interests 0 0 0 2
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 179 $ 277 $ 576 $ 617
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.92 $ 1.44 $ 2.97 $ 3.20
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.92 $ 1.44 $ 2.97 $ 3.20
Weighted Average Common Shares Outstanding        
Basic (in shares) 193 192 193 192
Diluted (in shares) 194 193 194 192
DTE Electric        
Operating Revenues        
Utility operations $ 1,408 $ 1,309 $ 2,768 $ 2,521
Operating Expenses        
Fuel, purchased power, and gas — utility 361 342 723 639
Operation and maintenance 355 353 712 713
Depreciation and amortization 272 252 532 510
Taxes other than income 80 58 162 141
Asset (gains) losses and impairments, net 0 41 0 41
Operating Expenses 1,068 1,046 2,129 2,044
Operating Income 340 263 639 477
Other (Income) and Deductions        
Interest expense 85 85 167 166
Interest income 0 0 0 (2)
Non-operating retirement benefits, net (1) 0 (1) 0
Other income (19) (37) (38) (50)
Other expenses 10 7 18 48
Other (Income) and Deductions 75 55 146 162
Income Before Income Taxes 265 208 493 315
Income Tax Expense 27 25 47 38
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 238 $ 183 $ 446 $ 277