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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Components of Stock-Based Compensation
The following table summarizes the components of stock-based compensation for DTE Energy:
202320222021
(In millions)
Stock-based compensation expense$48 $62 $71 
Tax benefit$9 $11 $13 
Schedule of Activity Relating to Performance Share Awards
DTE Energy recorded activity relating to performance share awards as follows:
202320222021
(In millions, except per share amounts)
Weighted average grant date fair value of awards granted (per share)$112.73 $120.25 $118.43 
Awards settled in cash(a)
$9 $10 $12 
Awards settled in stock(a)
$59 $72 $74 
Compensation expense$34 $47 $58 
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(a)Sum of awards settled in cash and stock approximates the intrinsic value of the awards.
Schedule of Stock-based Compensation, Performance Shares Activity Rollforward
The following table summarizes DTE Energy’s performance share activity for the period ended December 31, 2023:
Performance SharesWeighted Average
Grant Date
Fair Value
Balance at December 31, 20221,018,057 $120.91 
Grants347,242 $112.73 
Forfeitures(65,632)$112.51 
Payouts(309,174)$112.30 
Balance at December 31, 2023990,493 $121.29 
Schedule of Unrecognized Compensation Cost, Non-Vested Awards
As of December 31, 2023, DTE Energy's total unrecognized compensation cost related to non-vested stock incentive plan arrangements and the weighted average recognition period was as follows:
Unrecognized
Compensation
Cost
Weighted Average
to be Recognized
(In millions)(In years)
Stock awards$20 1.39
Performance shares40 1.08
$60 1.18