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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 26 $ 28
Restricted cash 25 7
Accounts receivable (less allowance for doubtful accounts of $95 and $92, respectively)    
Customer 1,781 1,695
Other 199 135
Inventories    
Fuel and gas 540 368
Materials, supplies, and other 508 490
Derivative assets 395 181
Regulatory assets 511 195
Other 325 218
Total Current Assets 4,310 3,317
Investments    
Nuclear decommissioning trust funds 1,764 2,071
Investments in equity method investees 169 187
Other 157 194
Total Investments 2,090 2,452
Property    
Property, plant, and equipment 38,550 37,083
Accumulated depreciation and amortization (10,451) (10,139)
Total Property 28,099 26,944
Other Assets    
Goodwill 1,993 1,993
Regulatory assets 3,583 3,482
Securitized regulatory assets 214 0
Intangible assets 170 177
Notes receivable 316 310
Derivative assets 123 90
Prepaid postretirement costs 738 678
Operating lease right-of-use assets 91 97
Other 227 179
Total Other Assets 7,455 7,006
Total Assets 41,954 39,719
Current Liabilities    
Accounts payable 1,619 1,414
Accrued interest 157 140
Dividends payable 171 171
Short-term borrowings 994 758
Current portion long-term debt, including securitization bonds and finance leases 1,425 2,874
Derivative liabilities 498 238
Regulatory liabilities 54 156
Operating lease liabilities 13 14
Other 535 581
Total Current Liabilities 5,466 6,346
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 16,354 13,629
Securitization bonds 192 0
Junior subordinated debentures 883 883
Finance lease liabilities 13 19
Total Long-Term Debt (net of current portion) 17,442 14,531
Other Liabilities    
Deferred income taxes 2,313 2,163
Regulatory liabilities 2,731 3,106
Asset retirement obligations 3,425 3,162
Unamortized investment tax credit 183 158
Derivative liabilities 256 192
Accrued pension liability 268 339
Accrued postretirement liability 350 358
Nuclear decommissioning 272 321
Operating lease liabilities 69 74
Other 193 256
Total Other Liabilities 10,060 10,129
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock (No par value, 400,000,000 shares authorized, and 193,741,991 and 193,747,509 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively) 5,337 5,379
Retained earnings 3,741 3,438
Accumulated other comprehensive loss (98) (112)
Total DTE Energy/DTE Electric Company Equity 8,980 8,705
Noncontrolling interests 6 8
Total Equity 8,986 8,713
Total Liabilities and Equity $ 41,954 $ 39,719