XML 21 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Financial Position (Unaudited) - DTE Energy Company - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 115 $ 33
Restricted cash 22 10
Accounts receivable (less allowance for doubtful accounts of $84 and $79, respectively)    
Customer 1,515 2,038
Other 178 144
Inventories    
Fuel and gas 285 433
Materials, supplies, and other 521 509
Derivative assets 206 328
Regulatory assets 434 450
Other 261 235
Total Current Assets 3,537 4,180
Investments    
Nuclear decommissioning trust funds 1,896 1,825
Investments in equity method investees 173 165
Other 156 165
Total Investments 2,225 2,155
Property    
Property, plant, and equipment 39,901 39,346
Accumulated depreciation and amortization (10,714) (10,579)
Total Property 29,187 28,767
Other Assets    
Goodwill 1,993 1,993
Regulatory assets 3,869 3,886
Securitized regulatory assets 197 206
Intangible assets 164 166
Notes receivable 334 331
Derivative assets 68 105
Prepaid postretirement costs 593 571
Operating lease right-of-use assets 86 89
Other 265 234
Total Other Assets 7,569 7,581
Total Assets 42,518 42,683
Current Liabilities    
Accounts payable 1,085 1,604
Accrued interest 174 154
Dividends payable 196 196
Short-term borrowings 130 1,162
Current portion long-term debt, including securitization bonds and finance leases 1,723 1,124
Derivative liabilities 143 342
Gas inventory equalization 100 0
Regulatory liabilities 39 34
Operating lease liabilities 12 13
Other 434 544
Total Current Liabilities 4,036 5,173
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 16,597 15,807
Securitization bonds 172 172
Junior subordinated debentures 883 883
Finance lease liabilities 10 11
Total Long-Term Debt (net of current portion) 17,662 16,873
Other Liabilities    
Deferred income taxes 2,466 2,394
Regulatory liabilities 2,673 2,673
Asset retirement obligations 3,509 3,460
Unamortized investment tax credit 182 182
Derivative liabilities 177 315
Accrued pension liability 346 378
Accrued postretirement liability 279 287
Nuclear decommissioning 294 282
Operating lease liabilities 65 68
Other 183 197
Total Other Liabilities 10,174 10,236
Commitments and Contingencies (Notes 5 and 12)
Equity    
Common stock (No par value, 400,000,000 shares authorized, and 206,109,174 and 205,632,393 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively) 6,652 6,651
Retained earnings 4,055 3,808
Accumulated other comprehensive loss (65) (62)
Total DTE Energy/DTE Electric Company Equity 10,642 10,397
Noncontrolling interests 4 4
Total Equity 10,646 10,401
Total Liabilities and Equity $ 42,518 $ 42,683