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Consolidated Statements of Cash Flows - DTE Electric Company - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net Income $ 1,083 $ 907 $ 1,368
Adjustments to reconcile Net Income to Net cash from operating activities:      
Depreciation and amortization 1,468 1,377 1,292
Nuclear fuel amortization 42 58 37
Allowance for equity funds used during construction (29) (27) (25)
Deferred income taxes 44 (32) 407
Asset (gains) losses and impairments, net (5) 50 47
Changes in assets and liabilities:      
Accounts receivable, net (352) (146) 111
Inventories (98) (153) 45
Accounts payable 109 308 0
Regulatory assets and liabilities (766) 862 104
Other current and noncurrent assets and liabilities 323 (153) 260
Net cash from operating activities 1,977 3,067 3,697
Investing Activities      
Proceeds from sale of assets 24 3 13
Proceeds from Sale and Maturity of Other Investments 879 1,047 2,350
Investment in nuclear decommissioning trust funds (878) (1,046) (2,350)
Net cash used for investing activities (3,431) (3,863) (4,070)
Financing Activities      
Issuance of long-term debt, net of discount and issuance costs 2,171 4,457 3,692
Redemption of long-term debt (1,587) (3,522) (882)
Dividends paid on common stock (685) (791) (760)
Other (82) (84) (83)
Net cash from financing activities 1,462 315 796
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 8 (481) 423
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 35 516 93
Cash, Cash Equivalents, and Restricted Cash at End of Period 43 35 516
Supplemental disclosure of cash information      
Cash paid (received) for: Interest, net of interest capitalized 638 671 679
Cash paid (received) for: Income taxes [1] (3) (3) (360)
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable 435 353 266
DTE Electric      
Operating Activities      
Net Income 955 866 778
Adjustments to reconcile Net Income to Net cash from operating activities:      
Depreciation and amortization 1,204 1,109 1,043
Nuclear fuel amortization 42 58 37
Allowance for equity funds used during construction (26) (25) (23)
Deferred income taxes 25 122 89
Asset (gains) losses and impairments, net 8 1 41
Changes in assets and liabilities:      
Accounts receivable, net (40) 68 (42)
Inventories (26) (11) (12)
Prepaid postretirement benefit costs — affiliates 57 (67) (69)
Accounts payable 23 65 20
Accrued pension liability — affiliates (18) (326) 14
Accrued postretirement liability — affiliates (65) (44) 17
Regulatory assets and liabilities (653) 716 55
Other current and noncurrent assets and liabilities 204 (216) (43)
Net cash from operating activities 1,690 2,316 1,905
Investing Activities      
Plant and equipment expenditures (2,626) (3,017) (2,674)
Proceeds from sale of assets 4 0 0
Proceeds from Sale and Maturity of Other Investments 879 1,047 2,350
Investment in nuclear decommissioning trust funds (878) (1,046) (2,350)
Notes receivable and other (44) (31) (8)
Net cash used for investing activities (2,665) (3,047) (2,682)
Financing Activities      
Issuance of long-term debt, net of discount and issuance costs 1,118 985 1,683
Redemption of long-term debt (337) (321) (632)
Capital contribution by parent company 600 555 636
Short-term borrowings, net — affiliate (26) (48) 4
Short-term borrowings, net — other 415 153 (354)
Dividends paid on common stock (763) (588) (539)
Other (17) (12) (17)
Net cash from financing activities 990 724 781
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 15 (7) 4
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 9 16 12
Cash, Cash Equivalents, and Restricted Cash at End of Period 24 9 16
Supplemental disclosure of cash information      
Cash paid (received) for: Interest, net of interest capitalized 350 321 315
Cash paid (received) for: Income taxes (33) 5 14
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable $ 335 $ 286 $ 174
[1] 2020 cash received primarily relates to AMT credit and other refunds, of which a portion was accelerated due to the CARES Act