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Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 969 $ 26
Restricted cash 54 25
Accounts receivable (less allowance for doubtful accounts of $53 and $41, respectively)    
Accounts receivable 1,407 1,632
Other 206 155
Inventories    
Fuel 493 421
Materials and supplies 898 633
Regulatory assets 14 108
Other 346 242
Total Current Assets 5,617 3,539
Investments    
Nuclear decommissioning trust funds 2,261 2,041
Other 176 168
Total Investments 2,572 2,375
Property    
Property, plant, and equipment 39,916 37,274
Accumulated depreciation and amortization (9,848) (9,105)
Total Property 30,068 28,169
Other Assets    
Regulatory assets 6,622 6,209
Securitized regulatory assets 707 758
Prepaid postretirement costs — affiliates 684 633
Operating lease right-of-use assets 178 132
Other 296 262
Total Other Assets 11,549 10,672
Total Assets 49,806 44,755
Accounts payable    
Accounts payable 1,290 1,361
Accrued interest 259 170
Current portion long-term debt, including securitization bonds and finance leases 3,201 2,142
Regulatory liabilities 179 71
Short-term borrowings    
Short-term borrowings 966 1,283
Operating lease liabilities 18 17
Other 569 452
Total Current Liabilities 6,787 5,883
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 18,900 15,819
Securitization bonds 656 705
Finance lease liabilities 18 13
Total Long-Term Debt (net of current portion) 20,458 17,420
Other Liabilities    
Deferred income taxes 2,748 2,649
Regulatory liabilities 2,665 2,603
Asset retirement obligations 3,899 3,556
Unamortized investment tax credit 277 181
Nuclear decommissioning 354 320
Accrued pension liability — affiliates 286 350
Accrued postretirement liability — affiliates 301 301
Operating lease liabilities 159 108
Other 194 197
Total Other Liabilities 10,963 10,397
Commitments and Contingencies (Notes 4 and 11)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,754 6,713
Retained earnings 4,880 4,404
Total DTE Energy/DTE Electric Company Equity 11,592 11,050
Total Liabilities and Equity 49,806 44,755
DTE Electric    
Current Assets    
Cash and cash equivalents 14 15
Restricted cash 40 17
Accounts receivable (less allowance for doubtful accounts of $53 and $41, respectively)    
Other 65 55
Inventories    
Fuel 200 191
Materials and supplies 512 409
Regulatory assets 9 99
Prepaid property tax 145 60
Other 37 54
Total Current Assets 1,915 1,676
Investments    
Nuclear decommissioning trust funds 2,261 2,041
Other 66 53
Total Investments 2,327 2,094
Property    
Property, plant, and equipment 30,030 27,936
Accumulated depreciation and amortization (7,178) (6,570)
Total Property 22,852 21,366
Other Assets    
Regulatory assets 6,019 5,596
Securitized regulatory assets 707 758
Prepaid postretirement costs — affiliates 406 378
Operating lease right-of-use assets 149 101
Other 251 216
Total Other Assets 7,532 7,049
Total Assets 34,626 32,185
Accounts payable    
Accrued interest 124 113
Current portion long-term debt, including securitization bonds and finance leases 424 166
Regulatory liabilities 145 49
Short-term borrowings    
Operating lease liabilities 15 15
Other 176 169
Total Current Liabilities 2,578 1,651
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 10,823 10,174
Securitization bonds 656 705
Finance lease liabilities 8 4
Total Long-Term Debt (net of current portion) 11,487 10,883
Other Liabilities    
Deferred income taxes 3,206 3,109
Regulatory liabilities 1,747 1,710
Asset retirement obligations 3,659 3,326
Unamortized investment tax credit 277 181
Nuclear decommissioning 354 320
Accrued pension liability — affiliates 296 334
Accrued postretirement liability — affiliates 289 290
Operating lease liabilities 133 81
Other 72 76
Total Other Liabilities 10,033 9,427
Commitments and Contingencies (Notes 4 and 11)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 7,361 7,361
Retained earnings 3,167 2,863
Total DTE Energy/DTE Electric Company Equity 10,528 10,224
Total Liabilities and Equity 34,626 32,185
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts of $53 and $41, respectively)    
Accounts receivable 10 12
Accounts payable    
Accounts payable 63 58
Short-term borrowings    
Short-term borrowings 142 0
DTE Electric | Customer/ Other    
Accounts receivable (less allowance for doubtful accounts of $53 and $41, respectively)    
Accounts receivable 883 764
Accounts payable    
Accounts payable 691 696
Short-term borrowings    
Short-term borrowings $ 798 $ 385