Dispositions and Impairments (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The table below reflects the financial results of DT Midstream that have been reclassified from continuing operations and included in discontinued operations within the Consolidated Statements of Operations. These results include the impact of tax-related adjustments and all transaction costs related to the separation. General corporate overhead costs have been excluded and no portion of corporate interest costs were allocated to discontinued operations.

	Year Ended December 31,
	2021		2020		2019
Operating Revenues — Non-utility operations	$	405	$	754	$	501
Operating Expenses
Cost of gas and other — non-utility	15		21		18
Operation and maintenance(a)	123		138		103
Depreciation and amortization	82		151		94
Taxes other than income	13		15		8
Asset (gains) losses and impairments, net	17		(2)		1
	250		323		224
Operating Income	155		431		277
Other (Income) and Deductions
Interest expense	50		113		73
Interest income	(4)		(9)		(8)
Other income	(62)		(129)		(100)
Other expenses	—		—		1
	(16)		(25)		(34)
Income from Discontinued Operations Before Income Taxes	171		456		311
Income Tax Expense	54		130		81
Net Income from Discontinued Operations, Net of Taxes	117		326		230
Less: Net Income Attributable to Noncontrolling Interests	6		12		16
Net Income from Discontinued Operations	$	111	$	314	$	214

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(a)Includes separation transaction costs of $59 million and $8 million for the years ended December 31, 2021 and 2020, respectively, for various legal, accounting and other professional services fees.

The table below reflects the major assets and liabilities that were transferred to DT Midstream and presented as discontinued operations in the Consolidated Statements of Financial Position as of December 31, 2020.

	December 31, 2020
	(In millions)
Total Assets of Discontinued Operations
Cash	$	42
Accounts receivable	126
Inventories	8
Other	44
Current assets of DT Midstream	220
Less: Previously affiliated amounts eliminated at DTE Energy	3
Current assets of discontinued operations for DTE Energy	217
Investments in equity method investees	1,691
Net property, plant, and equipment	3,470
Goodwill	473
Intangible assets	2,140
Notes receivable	19
Operating lease right-of-use assets	45
Other	21
Noncurrent assets of discontinued operations for DTE Energy	7,859
Total Assets of Discontinued Operations for DTE Energy	$	8,076
Total Liabilities of Discontinued Operations
Accounts payable	$	39
Operating lease liabilities	17
Short-term borrowings due to DTE Energy	2,913
Other	53
Current liabilities of DT Midstream	3,022
Less: Previously affiliated amounts eliminated at DTE Energy	2,923
Current liabilities of discontinued operations for DTE Energy	99
Deferred income taxes	753
Asset retirement obligations	10
Operating lease liabilities	28
Other	45
Noncurrent liabilities of discontinued operations for DTE Energy	836
Total Liabilities of Discontinued Operations for DTE Energy	$	935

The following table is a summary of significant non-cash items, capital expenditures, and significant financing activities of discontinued operations included in DTE Energy's Consolidated Statements of Cash Flows:

	Year Ended December 31,
	2021		2020		2019
	(In millions)
Operating Activities
Depreciation and amortization	$	82	$	151	$	94
Deferred income taxes	53		125		78
Equity earnings of equity method investees	(59)		(106)		(97)
Asset (gains) losses and impairments, net	19		(2)		1
Investing Activities
Plant and equipment expenditures — non-utility	$	(60)	$	(517)	$	(214)
Acquisitions related to business combinations, net of cash acquired	—		—		(2,296)
Financing Activities
Purchase of noncontrolling interest	$	—	$	—	$	(297)
Acquisition related deferred payment, excluding accretion	—		(380)		—