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Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 67 $ 28
Restricted cash 15 7
Accounts receivable (less allowance for doubtful accounts of $53 and $54, respectively)    
Customer 1,868 1,695
Other 290 135
Inventories    
Fuel 356 368
Materials and supplies 499 490
Regulatory assets 444 195
Other 182 218
Total Current Assets 4,093 3,317
Investments    
Nuclear decommissioning trust funds 1,837 2,071
Other 162 194
Total Investments 2,166 2,452
Property    
Property, plant, and equipment 37,914 37,083
Accumulated depreciation and amortization (10,179) (10,139)
Total Property 27,735 26,944
Other Assets    
Regulatory assets 3,491 3,482
Securitized regulatory assets 222 0
Operating lease right-of-use assets 94 97
Other 202 179
Total Other Assets 7,320 7,006
Total Assets 41,314 39,719
Accounts payable    
Accrued interest 153 140
Current portion long-term debt, including securitization bonds and finance leases 2,670 2,874
Regulatory liabilities 77 156
Short-term borrowings    
Operating lease liabilities 14 14
Other 567 581
Total Current Liabilities 6,895 6,346
Long-Term Debt (net of current portion)    
Securitization bonds 211 0
Finance lease liabilities 15 19
Total Long-Term Debt (net of current portion) 15,608 14,531
Other Liabilities    
Deferred income taxes 2,243 2,163
Regulatory liabilities 2,950 3,106
Asset retirement obligations 3,377 3,162
Unamortized investment tax credit 182 158
Nuclear decommissioning 283 321
Operating lease liabilities 71 74
Other 202 256
Total Other Liabilities 10,232 10,129
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 5,323 5,379
Retained earnings 3,355 3,438
Total DTE Energy/DTE Electric Company Equity 8,574 8,705
Total Liabilities and Equity 41,314 39,719
DTE Electric    
Current Assets    
Cash and cash equivalents 7 9
Restricted cash 9 0
Accounts receivable (less allowance for doubtful accounts of $53 and $54, respectively)    
Customer 752 694
Affiliates 27 36
Other 115 40
Inventories    
Fuel 172 171
Materials and supplies 328 316
Regulatory assets 359 168
Other 106 101
Total Current Assets 1,875 1,535
Investments    
Nuclear decommissioning trust funds 1,837 2,071
Other 41 44
Total Investments 1,878 2,115
Property    
Property, plant, and equipment 29,462 28,849
Accumulated depreciation and amortization (7,697) (7,676)
Total Property 21,765 21,173
Other Assets    
Regulatory assets 3,016 2,968
Securitized regulatory assets 222 0
Prepaid postretirement costs — affiliates 427 402
Operating lease right-of-use assets 59 64
Other 168 148
Total Other Assets 3,892 3,582
Total Assets 29,410 28,405
Accounts payable    
Affiliates 75 83
Other 611 567
Accrued interest 108 95
Current portion long-term debt, including securitization bonds and finance leases 94 322
Regulatory liabilities 73 154
Short-term borrowings    
Affiliates 0 53
Other 364 153
Operating lease liabilities 10 10
Other 200 206
Total Current Liabilities 1,535 1,643
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 9,481 8,591
Securitization bonds 211 0
Finance lease liabilities 4 7
Total Long-Term Debt (net of current portion) 9,696 8,598
Other Liabilities    
Deferred income taxes 2,816 2,741
Regulatory liabilities 2,072 2,221
Asset retirement obligations 3,142 2,932
Unamortized investment tax credit 182 158
Nuclear decommissioning 283 321
Accrued pension liability — affiliates 378 405
Accrued postretirement liability — affiliates 332 340
Operating lease liabilities 42 46
Other 81 97
Total Other Liabilities 9,328 9,261
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,002 6,002
Retained earnings 2,849 2,901
Total DTE Energy/DTE Electric Company Equity 8,851 8,903
Total Liabilities and Equity $ 29,410 $ 28,405