XML 46 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Common Stock and Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of DTE Energy's basic and diluted income per share calculation:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
(In millions, except per share amounts)
Basic Earnings per Share
Net Income attributable to DTE Energy — continuing operations$58 $372 $495 $844 
Less: Allocation of earnings to net restricted stock awards 1 
$58 $371 $494 $842 
Net Income (Loss) attributable to DTE Energy — discontinued operations(33)104 106 249 
Net income available to common shareholders — basic$25 $475 $600 $1,091 
Average number of common shares outstanding — basic193 193 193 192 
Income from continuing operations$0.30 $1.93 $2.55 $4.37 
Income (loss) from discontinued operations(0.17)0.54 0.55 1.30 
Basic Earnings per Common Share$0.13 $2.47 $3.10 $5.67 
Diluted Earnings per Share
Net Income attributable to DTE Energy — continuing operations$58 $372 $495 $844 
Less: Allocation of earnings to net restricted stock awards 1 
$58 $371 $494 $842 
Net Income (Loss) attributable to DTE Energy — discontinued operations(33)104 106 249 
Net income available to common shareholders — diluted$25 $475 $600 $1,091 
Average number of common shares outstanding — basic193 193 193 192 
Average dilutive equity units, performance share awards, and stock options1 — 1 
Average number of common shares outstanding — diluted194 193 194 193 
Income from continuing operations$0.30 $1.92 $2.55 $4.37 
Income (loss) from discontinued operations(0.17)0.54 0.55 1.29 
Diluted Earnings per Common Share(a)
$0.13 $2.46 $3.10 $5.66 
_______________________________________
(a)Equity Units excluded from the calculation of diluted EPS were approximately 11.1 million and 10.3 million for the three months ended September 30, 2021 and 2020, respectively, and 11.5 million and 10.3 million for the nine months ended September 30, 2021 and 2020, respectively, as the dilutive stock price threshold was not met.