XML 23 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements of Financial Position (Unaudited) - DTE Energy Company - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 292 $ 26
Restricted cash 57 25
Accounts receivable (less allowance for doubtful accounts of $69 and $63, respectively)    
Accounts receivable 1,435 1,632
Other 180 155
Inventories    
Fuel and gas 309 421
Materials, supplies, and other 740 633
Derivative assets 191 297
Regulatory assets 51 108
Current investments 200 0
Other 297 242
Total Current Assets 3,752 3,539
Investments    
Nuclear decommissioning trust funds 2,134 2,041
Investments in equity method investees 158 166
Other long-term investments 162 168
Total Investments 2,454 2,375
Property    
Property, plant, and equipment 37,928 37,274
Accumulated depreciation and amortization (9,343) (9,105)
Total Property 28,585 28,169
Other Assets    
Goodwill 1,993 1,993
Regulatory assets 6,334 6,209
Securitized regulatory assets 741 758
Intangible assets 153 156
Notes receivable 768 420
Derivative assets 57 109
Prepaid postretirement costs 653 633
Operating lease right-of-use assets 152 132
Other 260 262
Total Other Assets 11,111 10,672
Total Assets 45,902 44,755
Current Liabilities    
Accounts payable 1,098 1,361
Accrued interest 238 170
Dividends payable 211 210
Short-term borrowings 290 1,283
Current portion long-term debt, including securitization bonds and finance leases 2,409 2,142
Derivative liabilities 126 177
Gas inventory equalization 90 0
Regulatory liabilities 35 71
Operating lease liabilities 16 17
Other 462 452
Total Current Liabilities 4,975 5,883
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 17,655 15,819
Securitization bonds 690 705
Junior subordinated debentures 884 883
Finance lease liabilities 19 13
Total Long-Term Debt (net of current portion) 19,248 17,420
Other Liabilities    
Deferred income taxes 2,706 2,649
Regulatory liabilities 2,625 2,603
Asset retirement obligations 3,605 3,556
Unamortized investment tax credit 180 181
Derivative liabilities 119 132
Accrued pension liability 328 350
Accrued postretirement liability 294 301
Nuclear decommissioning 333 320
Operating lease liabilities 130 108
Other 181 197
Total Other Liabilities 10,501 10,397
Commitments and Contingencies (Notes 4 and 11)
Equity    
Common stock (No par value, 400,000,000 shares authorized, and 206,937,244 and 206,357,070 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively) 6,710 6,713
Retained earnings 4,505 4,404
Accumulated other comprehensive loss (42) (67)
Total DTE Energy/DTE Electric Company Equity 11,173 11,050
Noncontrolling interests 5 5
Total Equity 11,178 11,055
Total Liabilities and Equity $ 45,902 $ 44,755