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Consolidated Statements of Operations (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues — Utility operations $ 1,617 $ 1,909 $ 3,677 $ 4,143
Operating Expenses        
Fuel, purchased power, and gas — utility 345 607 929 1,307
Taxes other than income 114 115 236 238
Operating Expenses 2,287 4,741 5,414 8,760
Operating Income 397 183 1,049 741
Other (Income) and Deductions        
Interest expense 192 161 383 315
Interest income (13) (8) (30) (16)
Non-operating retirement benefits, net 5 (5) 8 (8)
Other income (31) (11) (57) (19)
Other expenses 9 31 15 44
Other (Income) and Deductions 162 168 319 316
Income Before Income Taxes 235 15 730 425
Income Tax Expense 34 (22) 84 (6)
Net Income Attributable to DTE Energy Company/DTE Electric Company 201 37 646 431
DTE Electric        
Operating Revenues — Utility operations 1,326 1,566 2,701 3,052
Operating Expenses        
Fuel, purchased power, and gas — utility 315 516 680 956
Operation and maintenance 317 383 728 764
Depreciation and amortization 328 301 645 595
Taxes other than income 84 84 168 172
Operating Expenses 1,044 1,284 2,221 2,487
Operating Income 282 282 480 565
Other (Income) and Deductions        
Interest expense 103 91 205 178
Interest income (5) 0 (11) 0
Non-operating retirement benefits, net (1) 0 (2) (1)
Other income (20) (15) (40) (31)
Other expenses 7 17 13 26
Other (Income) and Deductions 84 93 165 172
Income Before Income Taxes 198 189 315 393
Income Tax Expense 19 3 36 6
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 179 $ 186 $ 279 $ 387