XML 126 R104.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes (Reconciliation of Income Tax Expense to the Statutory Federal Income Tax Rate) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Entity Information [Line Items]      
Income Before Income Taxes $ 1,566 $ 1,112 $ 656
Income tax expense at 21% statutory rate 329 234 138
Production tax credits (91) (91) (138)
TCJA regulatory liability amortization (63) (155) (103)
Investment tax credits (44) (1) (3)
Enactment of state income tax legislation, net of federal benefit (1) 0 8
State deferred tax remeasurement due to separation of DT Midstream, net of federal benefit 0 0 (85)
Valuation allowance on charitable contribution carryforwards 0 9 18
State and local income taxes, excluding items above, net of federal benefit 59 42 30
Other, net (20) (9) 5
Income Tax Expense (Benefit) $ 169 $ 29 $ (130)
Effective income tax rate 10.80% 2.60% (19.90%)
DTE Electric      
Entity Information [Line Items]      
Income Before Income Taxes $ 850 $ 981 $ 970
Income tax expense at 21% statutory rate 179 206 204
Production tax credits (79) (83) (70)
TCJA regulatory liability amortization (53) (145) (73)
State and local income taxes, excluding items above, net of federal benefit 45 56 54
Other, net (14) (8) (11)
Income Tax Expense (Benefit) $ 78 $ 26 $ 104
Effective income tax rate 9.20% 2.70% 10.70%