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Consolidated Statements of Operations (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues — Utility operations $ 1,903 $ 1,827 $ 5,938 $ 5,504
Operating Expenses        
Fuel, purchased power, and gas — utility 453 435 1,488 1,364
Taxes other than income 119 114 364 350
Operating Expenses 2,389 2,350 7,485 7,764
Operating Income 517 538 1,536 1,587
Other (Income) and Deductions        
Interest expense 252 200 703 583
Interest income (48) (15) (102) (45)
Non-operating retirement benefits, net 0 1 0 9
Other income (54) (13) (146) (70)
Other expenses 11 11 33 26
Other (Income) and Deductions 161 184 488 503
Income Before Income Taxes 356 354 1,048 1,084
Income Tax Expense (Benefit) (121) 22 (64) 106
Net Income Attributable to DTE Energy Company/DTE Electric Company 477 332 1,112 978
DTE Electric        
Operating Revenues — Utility operations 1,695 1,623 4,772 4,324
Operating Expenses        
Fuel, purchased power, and gas — utility 463 440 1,256 1,120
Operation and maintenance 350 371 1,062 1,099
Depreciation and amortization 360 334 1,063 979
Taxes other than income 90 87 262 255
Operating Expenses 1,263 1,232 3,643 3,453
Operating Income 432 391 1,129 871
Other (Income) and Deductions        
Interest expense 128 114 369 319
Interest income (2) (3) (6) (14)
Non-operating retirement benefits, net (3) (1) (3) (3)
Other income (41) (16) (105) (56)
Other expenses 12 9 33 22
Other (Income) and Deductions 94 103 288 268
Income Before Income Taxes 338 288 841 603
Income Tax Expense (Benefit) (100) 19 (45) 55
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 438 $ 269 $ 886 $ 548