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Consolidated Statements of Operations (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Revenues — Utility operations $ 2,053 $ 1,875 $ 6,196 $ 5,483
Operating Expenses        
Fuel, purchased power, and gas — utility 594 477 1,901 1,411
Taxes other than income 111 106 349 329
Operating Expenses 4,706 3,310 13,466 9,237
Operating Income 545 405 1,286 1,080
Other (Income) and Deductions        
Interest expense 171 156 486 477
Non-operating retirement benefits, net (5) 3 (13) 10
Other income (16) (90) (35) (187)
Other expenses 12 30 56 50
Other (Income) and Deductions 152 469 468 718
Income (Loss) Before Income Taxes 393 (64) 818 362
Income Tax Expense 6 (119) 0 (124)
Net Income Attributable to DTE Energy Company/DTE Electric Company 387 25 818 601
DTE Electric        
Operating Revenues — Utility operations 1,844 1,700 4,896 4,468
Operating Expenses        
Fuel, purchased power, and gas — utility 595 462 1,551 1,185
Operation and maintenance 403 410 1,167 1,122
Depreciation and amortization 304 278 899 810
Taxes other than income 85 83 257 245
Operating Expenses 1,387 1,233 3,874 3,362
Operating Income 457 467 1,022 1,106
Other (Income) and Deductions        
Interest expense 93 84 271 251
Non-operating retirement benefits, net (1) 0 (2) (1)
Other income (15) (14) (46) (52)
Other expenses 11 8 37 26
Other (Income) and Deductions 88 78 260 224
Income (Loss) Before Income Taxes 369 389 762 882
Income Tax Expense 6 45 12 92
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 363 $ 344 $ 750 $ 790