XML 26 R5.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Financial Position (Unaudited) - 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 $102 and $92, respectively)    
Customer 1,868 1,695
Other 290 135
Inventories    
Fuel and gas 356 368
Materials, supplies, and other 499 490
Derivative assets 372 181
Regulatory assets 444 195
Other 182 218
Total Current Assets 4,093 3,317
Investments    
Nuclear decommissioning trust funds 1,837 2,071
Investments in equity method investees 167 187
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    
Goodwill 1,993 1,993
Regulatory assets 3,491 3,482
Securitized regulatory assets 222 0
Intangible assets 171 177
Notes receivable 322 310
Derivative assets 104 90
Prepaid postretirement costs 721 678
Operating lease right-of-use assets 94 97
Other 202 179
Total Other Assets 7,320 7,006
Total Assets 41,314 39,719
Current Liabilities    
Accounts payable 1,745 1,414
Accrued interest 153 140
Dividends payable 343 171
Short-term borrowings 815 758
Current portion long-term debt, including securitization bonds and finance leases 2,670 2,874
Derivative liabilities 436 238
Gas inventory equalization 75 0
Regulatory liabilities 77 156
Operating lease liabilities 14 14
Other 567 581
Total Current Liabilities 6,895 6,346
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 14,499 13,629
Securitization bonds 211 0
Junior subordinated debentures 883 883
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
Derivative liabilities 284 192
Accrued pension liability 291 339
Accrued postretirement liability 349 358
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 (No par value, 400,000,000 shares authorized, and 193,736,380 and 193,747,509 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively) 5,323 5,379
Retained earnings 3,355 3,438
Accumulated other comprehensive loss (104) (112)
Total DTE Energy/DTE Electric Company Equity 8,574 8,705
Noncontrolling interests 5 8
Total Equity 8,579 8,713
Total Liabilities and Equity $ 41,314 $ 39,719