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Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 30 $ 33
Restricted cash 11 10
Accounts receivable (less allowance for doubtful accounts of $45 and $49, respectively)    
Accounts receivable 1,304 2,038
Other 191 144
Inventories    
Fuel 394 433
Materials and supplies 544 509
Regulatory assets 285 450
Other 186 235
Total Current Assets 3,203 4,180
Investments    
Nuclear decommissioning trust funds 1,953 1,825
Other 160 165
Total Investments 2,289 2,155
Property    
Property, plant, and equipment 40,576 39,346
Accumulated depreciation and amortization (10,880) (10,579)
Total Property 29,696 28,767
Other Assets    
Regulatory assets 3,941 3,886
Securitized regulatory assets 188 206
Operating lease right-of-use assets 114 89
Other 239 234
Total Other Assets 7,733 7,581
Total Assets 42,921 42,683
Accounts payable    
Accounts payable 1,051 1,604
Accrued interest 173 154
Current portion long-term debt, including securitization bonds and finance leases 697 1,124
Regulatory liabilities 49 34
Short-term borrowings    
Short-term borrowings 528 1,162
Operating lease liabilities 15 13
Other 463 544
Total Current Liabilities 3,596 5,173
Long-Term Debt (net of current portion)    
Securitization bonds 153 172
Finance lease liabilities 9 11
Total Long-Term Debt (net of current portion) 18,538 16,873
Other Liabilities    
Deferred income taxes 2,523 2,394
Regulatory liabilities 2,647 2,673
Asset retirement obligations 3,564 3,460
Unamortized investment tax credit 181 182
Nuclear decommissioning 305 282
Operating lease liabilities 91 68
Other 176 197
Total Other Liabilities 10,302 10,236
Commitments and Contingencies (Notes 5 and 12)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,676 6,651
Retained earnings 3,862 3,808
Total DTE Energy/DTE Electric Company Equity 10,481 10,397
Total Liabilities and Equity 42,921 42,683
DTE Electric    
Current Assets    
Cash and cash equivalents 8 15
Restricted cash 10 9
Accounts receivable (less allowance for doubtful accounts of $45 and $49, respectively)    
Other 89 75
Inventories    
Fuel 216 167
Materials and supplies 369 331
Regulatory assets 282 421
Other 77 98
Total Current Assets 1,785 1,851
Investments    
Nuclear decommissioning trust funds 1,953 1,825
Other 50 44
Total Investments 2,003 1,869
Property    
Property, plant, and equipment 31,602 30,591
Accumulated depreciation and amortization (8,393) (8,095)
Total Property 23,209 22,496
Other Assets    
Regulatory assets 3,314 3,219
Securitized regulatory assets 188 206
Prepaid postretirement costs — affiliates 369 345
Operating lease right-of-use assets 82 56
Other 189 194
Total Other Assets 4,142 4,020
Total Assets 31,139 30,236
Accounts payable    
Accrued interest 118 105
Current portion long-term debt, including securitization bonds and finance leases 645 248
Regulatory liabilities 43 33
Short-term borrowings    
Operating lease liabilities 12 9
Other 188 204
Total Current Liabilities 1,847 1,902
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 10,170 9,282
Securitization bonds 153 172
Finance lease liabilities 0 1
Total Long-Term Debt (net of current portion) 10,323 9,455
Other Liabilities    
Deferred income taxes 3,014 2,946
Regulatory liabilities 1,764 1,778
Asset retirement obligations 3,319 3,221
Unamortized investment tax credit 181 182
Nuclear decommissioning 305 282
Accrued pension liability — affiliates 361 387
Accrued postretirement liability — affiliates 271 275
Operating lease liabilities 63 39
Other 73 74
Total Other Liabilities 9,351 9,184
Commitments and Contingencies (Notes 5 and 12)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,602 6,602
Retained earnings 3,016 3,093
Total DTE Energy/DTE Electric Company Equity 9,618 9,695
Total Liabilities and Equity 31,139 30,236
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts of $45 and $49, respectively)    
Accounts receivable 3 8
Accounts payable    
Accounts payable 70 71
Short-term borrowings    
Short-term borrowings 0 27
DTE Electric | Customer/ Other    
Accounts receivable (less allowance for doubtful accounts of $45 and $49, respectively)    
Accounts receivable 731 727
Accounts payable    
Accounts payable 549 637
Short-term borrowings    
Short-term borrowings $ 222 $ 568