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Consolidated Statements of Financial Position - DTE Electric Company - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 26 $ 33
Restricted cash 25 10
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,632 2,038
Other 155 144
Inventories    
Fuel and gas 421 433
Materials, supplies, and other 633 509
Regulatory assets 108 450
Other 242 235
Total Current Assets 3,539 4,180
Investments    
Nuclear decommissioning trust funds 2,041 1,825
Other 168 165
Total Investments 2,375 2,155
Property    
Property, plant, and equipment 37,274 39,346
Accumulated depreciation and amortization (9,105) (10,579)
Property, plant and equipment, net 28,169 28,767
Other Assets    
Regulatory assets 6,209 3,886
Securitized regulatory assets 758 206
Operating lease right-of-use assets 132 89
Other 262 234
Total Other Assets 10,672 7,581
Total Assets 44,755 42,683
Accounts payable    
Accounts payable 1,361 1,604
Accrued interest 170 154
Current portion long-term debt, including securitization bonds and finance leases 2,142 1,124
Regulatory liabilities 71 34
Short-term borrowings    
Short-term borrowings 1,283 1,162
Operating lease liabilities 17 13
Other 452 544
Total Current Liabilities 5,883 5,173
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 15,819 15,807
Securitization bonds 705 172
Finance lease obligations 13 11
Total Long-Term Debt (net of current portion) 17,420 16,873
Other Liabilities    
Deferred income taxes 2,649 2,394
Regulatory liabilities 2,603 2,673
Asset retirement obligations 3,556 3,460
Unamortized investment tax credit 181 182
Nuclear decommissioning 320 282
Operating lease liabilities 108 68
Other 197 197
Total Other Liabilities 10,397 10,236
Commitments and Contingencies (Notes 9 and 18)
Shareholder's Equity    
Common stock 6,713 6,651
Retained earnings 4,404 3,808
Total DTE Energy Company/DTE Electric Company Equity 11,050 10,397
Total Liabilities and Equity 44,755 42,683
DTE Electric    
Current Assets    
Cash and cash equivalents 15 15
Restricted cash 17 9
Accounts receivable (less allowance for doubtful accounts)    
Other 55 75
Inventories    
Fuel and gas 191 167
Materials, supplies, and other 409 331
Regulatory assets 99 421
Other 114 98
Total Current Assets 1,676 1,851
Investments    
Nuclear decommissioning trust funds 2,041 1,825
Other 53 44
Total Investments 2,094 1,869
Property    
Property, plant, and equipment 27,936 30,591
Accumulated depreciation and amortization (6,570) (8,095)
Property, plant and equipment, net 21,366 22,496
Other Assets    
Regulatory assets 5,596 3,219
Securitized regulatory assets 758 206
Prepaid postretirement costs — affiliates 378 345
Operating lease right-of-use assets 101 56
Other 216 194
Total Other Assets 7,049 4,020
Total Assets 32,185 30,236
Accounts payable    
Accrued interest 113 105
Current portion long-term debt, including securitization bonds and finance leases 166 248
Regulatory liabilities 49 33
Short-term borrowings    
Operating lease liabilities 15 9
Other 169 204
Total Current Liabilities 1,651 1,902
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 10,174 9,282
Securitization bonds 705 172
Finance lease obligations 4 1
Total Long-Term Debt (net of current portion) 10,883 9,455
Other Liabilities    
Deferred income taxes 3,109 2,946
Regulatory liabilities 1,710 1,778
Asset retirement obligations 3,326 3,221
Unamortized investment tax credit 181 182
Nuclear decommissioning 320 282
Accrued pension liability — affiliates 334 387
Accrued postretirement liability — affiliates 290 275
Operating lease liabilities 81 39
Other 76 74
Total Other Liabilities 9,427 9,184
Commitments and Contingencies (Notes 9 and 18)
Shareholder's Equity    
Common stock 7,361 6,602
Retained earnings 2,863 3,093
Total DTE Energy Company/DTE Electric Company Equity 10,224 9,695
Total Liabilities and Equity 32,185 30,236
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts)    
Customer 12 8
Accounts payable    
Accounts payable 58 71
Short-term borrowings    
Short-term borrowings 0 27
DTE Electric | Customer/ Other    
Accounts receivable (less allowance for doubtful accounts)    
Customer 764 727
Accounts payable    
Accounts payable 696 637
Short-term borrowings    
Short-term borrowings $ 385 $ 568