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Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 33 $ 24
Restricted cash 57 64
Accounts receivable (less allowance for doubtful accounts of $43 and $46, respectively)    
Accounts receivable 1,731 1,690
Other 157 137
Inventories    
Fuel 240 443
Materials and supplies 915 802
Regulatory assets 53 50
Other 271 235
Total Current Assets 3,617 3,607
Investments    
Nuclear decommissioning trust funds 2,246 2,256
Other 176 176
Total Investments 2,550 2,560
Property    
Property, plant, and equipment 41,379 40,840
Accumulated depreciation and amortization (10,280) (9,947)
Total Property 31,099 30,893
Other Assets    
Regulatory assets 7,167 6,771
Securitized regulatory assets 673 690
Prepaid postretirement costs — affiliates 732 705
Operating lease right-of-use assets 218 188
Other 314 312
Total Other Assets 12,289 11,786
Total Assets 49,555 48,846
Accounts payable    
Accounts payable 1,300 1,387
Accrued interest 241 224
Current portion long-term debt, including securitization bonds and finance leases 946 1,296
Regulatory liabilities 127 181
Short-term borrowings    
Short-term borrowings 513 1,067
Operating lease liabilities 24 21
Other 509 586
Total Current Liabilities 4,152 5,106
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 20,247 19,153
Securitization bonds 619 635
Finance lease liabilities 15 18
Total Long-Term Debt (net of current portion) 21,765 20,690
Other Liabilities    
Deferred income taxes 2,949 2,958
Regulatory liabilities 2,993 2,856
Asset retirement obligations 4,119 4,031
Unamortized investment tax credit 404 269
Nuclear decommissioning 351 353
Accrued pension liability — affiliates 204 214
Accrued postretirement liability — affiliates 226 233
Operating lease liabilities 189 167
Other 201 208
Total Other Liabilities 11,711 11,346
Commitments and Contingencies (Notes 5 and 12)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,786 6,779
Retained earnings 5,163 4,946
Total DTE Energy/DTE Electric Company Equity 11,921 11,699
Total Liabilities and Equity 49,555 48,846
DTE Electric    
Current Assets    
Cash and cash equivalents 9 11
Restricted cash 42 48
Accounts receivable (less allowance for doubtful accounts of $43 and $46, respectively)    
Other 74 58
Inventories    
Fuel 121 193
Materials and supplies 584 537
Regulatory assets 30 39
Prepaid property tax 115 67
Other 25 34
Total Current Assets 1,743 1,769
Investments    
Nuclear decommissioning trust funds 2,246 2,256
Other 66 67
Total Investments 2,312 2,323
Property    
Property, plant, and equipment 31,225 30,801
Accumulated depreciation and amortization (7,688) (7,404)
Total Property 23,537 23,397
Other Assets    
Regulatory assets 6,598 6,187
Securitized regulatory assets 673 690
Prepaid postretirement costs — affiliates 442 428
Operating lease right-of-use assets 181 159
Other 307 268
Total Other Assets 8,201 7,732
Total Assets 35,793 35,221
Accounts payable    
Accrued interest 123 128
Current portion long-term debt, including securitization bonds and finance leases 75 425
Regulatory liabilities 121 156
Short-term borrowings    
Operating lease liabilities 19 18
Other 187 204
Total Current Liabilities 2,688 2,342
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 10,827 10,825
Securitization bonds 619 635
Finance lease liabilities 6 8
Total Long-Term Debt (net of current portion) 11,452 11,468
Other Liabilities    
Deferred income taxes 3,380 3,393
Regulatory liabilities 1,884 1,753
Asset retirement obligations 3,876 3,791
Unamortized investment tax credit 404 269
Nuclear decommissioning 351 353
Accrued pension liability — affiliates 244 248
Accrued postretirement liability — affiliates 218 225
Operating lease liabilities 158 142
Other 74 83
Total Other Liabilities 10,589 10,257
Commitments and Contingencies (Notes 5 and 12)
Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 7,995 7,995
Retained earnings 3,069 3,159
Total DTE Energy/DTE Electric Company Equity 11,064 11,154
Total Liabilities and Equity 35,793 35,221
DTE Electric | Customer/ Other    
Accounts receivable (less allowance for doubtful accounts of $43 and $46, respectively)    
Accounts receivable 741 734
Accounts payable    
Accounts payable 592 681
Short-term borrowings    
Short-term borrowings 513 666
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts of $43 and $46, respectively)    
Accounts receivable 2 6
Inventories    
Notes receivable 0 42
Accounts payable    
Accounts payable 98 64
Short-term borrowings    
Short-term borrowings $ 960 $ 0