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Consolidated Statements of Operations (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Revenues — Utility operations $ 1,879 $ 1,617 $ 4,035 $ 3,677
Operating Expenses        
Fuel, purchased power, and gas — utility 435 345 1,035 929
Taxes other than income 123 114 245 236
Operating Expenses 2,373 2,287 5,096 5,414
Operating Income 502 397 1,019 1,049
Other (Income) and Deductions        
Interest expense 233 192 451 383
Interest income (36) (13) (54) (30)
Non-operating retirement benefits, net 0 5 0 8
Other income (65) (31) (92) (57)
Other expenses 12 9 22 15
Other (Income) and Deductions 144 162 327 319
Income Before Income Taxes 358 235 692 730
Income Tax Expense 36 34 57 84
Net Income Attributable to DTE Energy Company/DTE Electric Company 322 201 635 646
DTE Electric        
Operating Revenues — Utility operations 1,611 1,326 3,077 2,701
Operating Expenses        
Fuel, purchased power, and gas — utility 423 315 793 680
Operation and maintenance 332 317 712 728
Depreciation and amortization 353 328 703 645
Taxes other than income 88 84 172 168
Operating Expenses 1,196 1,044 2,380 2,221
Operating Income 415 282 697 480
Other (Income) and Deductions        
Interest expense 124 103 241 205
Interest income (2) (5) (4) (11)
Non-operating retirement benefits, net (2) (1) 0 (2)
Other income (32) (20) (64) (40)
Other expenses 12 7 21 13
Other (Income) and Deductions 100 84 194 165
Income Before Income Taxes 315 198 503 315
Income Tax Expense 37 19 55 36
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 278 $ 179 $ 448 $ 279