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Consolidated Statements of Cash Flows - DTE Electric Company - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net Income $ 907 $ 1,368 $ 1,169
Adjustments to reconcile Net Income to Net cash from operating activities:      
Depreciation and amortization 1,377 1,292 1,169
Nuclear fuel amortization 58 37 60
Allowance for equity funds used during construction (27) (25) (24)
Deferred income taxes (32) 407 329
Asset (gains) losses and impairments, net 50 47 14
Changes in assets and liabilities:      
Accounts receivable, net (146) 111 49
Inventories (153) 45 59
Accounts payable 308 0 (288)
Regulatory assets and liabilities 862 104 160
Other current and noncurrent assets and liabilities (153) 260 (113)
Net cash from operating activities 3,067 3,697 2,649
Investing Activities      
Proceeds from Sale and Maturity of Other Investments 1,047 2,350 788
Investment in nuclear decommissioning trust funds (1,046) (2,350) (794)
Net cash used for investing activities (3,863) (4,070) (5,732)
Financing Activities      
Issuance of long-term debt, net of issuance costs 4,457 3,692 2,506
Redemption of long-term debt (3,522) (882) (821)
Dividends paid on common stock (791) (760) (692)
Other (84) (83) (79)
Net cash from financing activities 315 796 3,100
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (481) 423 17
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 516 93 76
Cash, Cash Equivalents, and Restricted Cash at End of Period 35 516 93
Supplemental disclosure of cash information      
Cash paid (received) for: Interest, net of interest capitalized 671 679 595
Cash paid (received) for: Income taxes [1] (3) (360) 18
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable 353 266 311
DTE Electric      
Operating Activities      
Net Income 866 778 716
Adjustments to reconcile Net Income to Net cash from operating activities:      
Depreciation and amortization 1,109 1,043 946
Nuclear fuel amortization 58 37 60
Allowance for equity funds used during construction (25) (23) (22)
Deferred income taxes 122 89 97
Asset (gains) losses and impairments, net 1 41 13
Changes in assets and liabilities:      
Accounts receivable, net 68 (42) 20
Inventories (11) (12) (17)
Prepaid postretirement benefit costs — affiliates (67) (69) (77)
Accounts payable 65 20 (57)
Accrued pension liability — affiliates (326) 14 (1)
Accrued postretirement liability — affiliates (44) 17 89
Regulatory assets and liabilities 716 55 139
Other current and noncurrent assets and liabilities (216) (43) (197)
Net cash from operating activities 2,316 1,905 1,709
Investing Activities      
Plant and equipment expenditures (3,017) (2,674) (2,200)
Proceeds from Sale and Maturity of Other Investments 1,047 2,350 788
Investment in nuclear decommissioning trust funds (1,046) (2,350) (794)
Notes receivable and other (31) (8) (21)
Net cash used for investing activities (3,047) (2,682) (2,227)
Financing Activities      
Issuance of long-term debt, net of issuance costs 985 1,683 643
Redemption of long-term debt (321) (632) 0
Capital contribution by parent company 555 636 180
Short-term borrowings, net — affiliate (48) 4 (4)
Short-term borrowings, net — other 153 (354) 205
Dividends paid on common stock (588) (539) (494)
Other (12) (17) (18)
Net cash from financing activities 724 781 512
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash (7) 4 (6)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 16 12 18
Cash, Cash Equivalents, and Restricted Cash at End of Period 9 16 12
Supplemental disclosure of cash information      
Cash paid (received) for: Interest, net of interest capitalized 321 315 295
Cash paid (received) for: Income taxes 5 14 46
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable $ 286 $ 174 $ 192
[1] 2020 cash received primarily relates to AMT credit and other refunds, of which a portion was accelerated due to the CARES Act