Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2021

Inter-segment billing for goods and services exchanged between segments is based upon tariffed or market-based prices of the provider and primarily consists of the sale of reduced emissions fuel, power sales, natural gas sales, and renewable natural gas sales in the following segments:


	Year Ended December 31,
	2021		2020		2019
	(In millions)
Electric(a)	$	64	$	61	$	56
Gas	14		16		12
DTE Vantage	575		464		596
Energy Trading	56		31		22
Corporate and Other	2		2		2

	$	711	$	574	$	688

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(a)Inter-segment billing for the Electric segment includes $4 million and $2 million relating to Non-utility operations for the years ended December 31, 2021 and 2020, respectively.

Financial data of DTE Energy's business segments follows:


	Electric		Gas	DTE Vantage	Energy Trading	Corporate and Other(a)	Reclassifications and Eliminations	Total from Continuing Operations		Discontinued Operations	Total
	(In millions)
2021
Operating Revenues — Utility operations	$	5,809	1,553	—	—	—	(74)	$	7,288
Operating Revenues — Non-utility operations	$	12	—	1,482	6,831	2	(651)	$	7,676
Depreciation and amortization	$	1,122	177	71	6	1	—	$	1,377
Interest expense	$	338	81	28	5	270	(92)	$	630
Interest income	$	—	(6)	(23)	(1)	(84)	92	$	(22)
Equity in earnings of equity method investees	$	—	1	8	—	29	—	$	38
Income Tax Expense (Benefit)	$	104	38	(31)	(27)	(214)	—	$	(130)
Net Income (Loss) Attributable to DTE Energy Company	$	864	214	168	(83)	(367)	—	$	796	111	$	907
Investment in equity method investees	$	6	13	118	—	50	—	$	187
Capital expenditures and acquisitions	$	3,016	621	69	6	—	—	$	3,712	60	$	3,772
Goodwill	$	1,208	743	25	17	—	—	$	1,993
Total Assets	$	28,524	6,729	983	1,174	4,281	(1,972)	$	39,719	—	$	39,719

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(a)Corporate and Other results include significant one-time items resulting from the separation of DT Midstream, including a loss on debt extinguishment of $376 million following the settlement of intercompany borrowings with DT Midstream and optional redemption of DTE Energy long-term debt. DTE Energy also recognized a tax benefit of $85 million for the remeasurement of state deferred tax liabilities following the separation of DT Midstream. Refer to Notes 10 and 14 to the Consolidated Financial Statements, "Income Taxes" and "Long-Term Debt," for additional information.


	Electric		Gas	DTE Vantage	Energy Trading	Corporate and Other	Reclassifications and Eliminations	Total from Continuing Operations		Discontinued Operations	Total
	(In millions)
2020
Operating Revenues — Utility operations	$	5,506	1,414	—	—	—	(75)	$	6,845
Operating Revenues — Non-utility operations	$	14	—	1,224	3,863	2	(525)	$	4,578
Depreciation and amortization	$	1,057	157	72	5	1	—	$	1,292
Interest expense	$	337	80	37	6	325	(184)	$	601
Interest income	$	(4)	(5)	(22)	(2)	(180)	184	$	(29)
Equity in earnings of equity method investees	$	—	1	17	—	8	—	$	26
Income Tax Expense (Benefit)	$	108	48	(40)	12	(91)	—	$	37
Net Income (Loss) Attributable to DTE Energy Company	$	777	186	134	36	(79)	—	$	1,054	314	$	1,368
Investment in equity method investees	$	6	12	125	—	34	—	$	177
Capital expenditures and acquisitions	$	2,701	574	186	5	—	—	$	3,466	517	$	3,983
Goodwill	$	1,208	743	25	17	—	—	$	1,993
Total Assets	$	26,588	6,339	696	807	5,063	(2,073)	$	37,420	8,076	$	45,496


	Electric		Gas	DTE Vantage	Energy Trading	Corporate and Other	Reclassifications and Eliminations	Total from Continuing Operations		Discontinued Operations	Total
	(In millions)
2019
Operating Revenues — Utility operations	$	5,224	1,482	—	—	—	(68)	$	6,638
Operating Revenues — Non-utility operations	$	5	—	1,560	4,610	2	(647)	$	5,530
Depreciation and amortization	$	949	144	69	6	1	—	$	1,169
Interest expense	$	315	78	33	8	266	(132)	$	568
Interest income	$	(2)	(6)	(9)	(4)	(120)	132	$	(9)
Equity in earnings of equity method investees	$	1	2	14	—	(3)	—	$	14
Income Tax Expense (Benefit)	$	137	62	(63)	17	(82)	—	$	71
Net Income (Loss) Attributable to DTE Energy Company	$	714	185	133	49	(126)	—	$	955	214	$	1,169
Investment in equity method investees	$	5	11	130	—	31	—	$	177
Capital expenditures and acquisitions	$	2,368	530	54	5	—	—	$	2,957	2,510	$	5,467
Goodwill	$	1,208	743	25	17	—	—	$	1,993
Total Assets	$	24,617	5,717	537	798	4,779	(1,843)	$	34,605	7,663	$	42,268