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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Components of Stock-Based Compensation
The following table summarizes the components of stock-based compensation for DTE Energy:
202220212020
(In millions)
Stock-based compensation expense$62 $71 $63 
Tax benefit$11 $13 $12 
Schedule of Activity Relating to Performance Share Awards
DTE Energy recorded activity relating to performance share awards as follows:
202220212020
(In millions, except per share amounts)
Weighted average grant date fair value of awards granted (per share)$120.25 $118.43 $129.68 
Awards settled in cash(a)
$10 $12 $21 
Awards settled in stock(a)
$72 $74 $53 
Compensation expense$47 $58 $50 
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(a)Sum of awards settled in cash and stock approximates the intrinsic value of the awards.
Schedule of Stock-based Compensation, Performance Shares Activity Rollforward
The following table summarizes DTE Energy’s performance share activity for the period ended December 31, 2022:
Performance SharesWeighted Average
Grant Date
Fair Value
Balance at December 31, 20211,102,617 $120.33 
Grants393,789 $120.25 
Forfeitures(69,370)$111.89 
Payouts(408,979)$120.23 
Balance at December 31, 20221,018,057 $120.91 
Schedule of Unrecognized Compensation Cost, Non-Vested Awards
As of December 31, 2022, DTE Energy's total unrecognized compensation cost related to non-vested stock incentive plan arrangements and the weighted average recognition period was as follows:
Unrecognized
Compensation
Cost
Weighted Average
to be Recognized
(In millions)(In years)
Stock awards$20 1.50
Performance shares50 1.14
$70 1.22