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Segment and Related Information (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Financial Data of Business Segments
Inter-segment billing for goods and services exchanged between segments is based upon tariffed or market-based prices of the provider. Such billing primarily consists of power sales, sale and transportation of natural gas, and renewable natural gas sales in the segments below, as well as charges from Electric to other segments for use of the shared capital assets of DTE Electric.
Three Months Ended March 31,
20252024
(In millions)
Electric segment(a)
$19 $18 
Gas segment4 4 
DTE Vantage segment40 11 
Energy Trading segment46 25 
$109 $58 
_______________________________________
(a)Inter-segment billing for the Electric segment relating to Non-utility operations includes $1 million for both the three months ended March 31, 2025 and 2024.
Profit (loss) financial data of DTE Energy's business segments follows:
Electric(a)
Gas
DTE
Vantage
Energy
Trading
Total
Reportable
Segments
Corporate
and
Other
Reclassifications
and
Eliminations
Total
(In millions)
Three months ended March 31, 2025
Operating Revenues — Utility operations$1,454 876 — — $2,330 — (23)$2,307 
Operating Revenues — Non-utility operations$5 — 188 2,026 $2,219 — (86)$2,133 
Depreciation and amortization$382 54 15 1 $452 — — $452 
Interest expense$133 32 8 2 $175 94 (19)$250 
Interest income$(2)(2)(20)(3)$(27)(15)19 $(23)
Equity earnings of equity method investees$— — 7 — $7 — — $7 
Other segment items (pre-tax)(b)
$826 523 147 1,937 $3,433 3 (109)$3,327 
Income Tax Expense (Benefit)$(3)63 (8)22 $74 (92)— $(18)
Net Income Attributable to DTE Energy Company$123 206 39 67 $435 10 — $445 
Three months ended March 31, 2024
Operating Revenues — Utility operations$1,466 711 — — $2,177 — (21)$2,156 
Operating Revenues — Non-utility operations$4 — 184 933 $1,121 — (37)$1,084 
Depreciation and amortization$353 54 15 1 $423 — — $423 
Interest expense$118 29 6 4 $157 75 (14)$218 
Interest income$(2)(1)(12)(7)$(22)(10)14 $(18)
Equity losses of equity method investees$— — (7)— $(7)(1)— $(8)
Other segment items (pre-tax)(b)
$812 426 174 934 $2,346 3 (58)$2,291 
Income Tax Expense (Benefit)$18 49 — — $67 (46)— $21 
Net Income (Loss) Attributable to DTE Energy Company$171 154 8 1 $334 (21)— $313 
_______________________________________
(a)The Electric segment consists principally of DTE Electric. Refer to the DTE Electric Consolidated Statements of Operations and the DTE Electric Consolidated Statements of Financial Position for the standalone DTE Electric amounts.
(b)Other segment items include Fuel, purchased power, and gas — utility; Fuel, purchased power, gas, and other — non-utility; Operation and maintenance; Taxes other than income; Asset (gains) losses and impairments, net; Non-operating retirement benefits, net; Other income; and Other expenses.
Other financial data of DTE Energy's business segments follows:
Electric(a)
Gas
DTE
Vantage
Energy
Trading
Total
Reportable
Segments
Corporate
and
Other
Reclassifications
and
Eliminations
Total
(In millions)
March 31, 2025
Investment in equity method investees$5 18 83 — $106 22 — $128 
Capital expenditures and acquisitions$731 126 15 1 $873 — — $873 
Goodwill$1,208 743 25 17 $1,993 — — $1,993 
Total Assets$35,970 8,760 2,131 1,306 $48,167 5,769 (4,381)$49,555 
December 31, 2024
Investment in equity method investees$5 18 82 — $105 23 — $128 
Capital expenditures and acquisitions$3,659 740 65 3 $4,467 — — $4,467 
Goodwill$1,208 743 25 17 $1,993 — — $1,993 
Total Assets$35,400 8,474 2,065 1,159 $47,098 4,723 (2,975)$48,846 
_______________________________________
(a)The Electric segment consists principally of DTE Electric. Refer to the DTE Electric Consolidated Statements of Operations and the DTE Electric Consolidated Statements of Financial Position for the standalone DTE Electric amounts.