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Consolidated Statements of Cash Flows - DTE Energy Company - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Activities      
Net Income $ 1,462 $ 1,404 $ 1,397
Adjustments to reconcile Net Income to Net cash from operating activities:      
Depreciation and amortization 1,841 1,732 1,606
Nuclear fuel amortization 67 55 59
Allowance for equity funds used during construction (105) (86) (42)
Deferred income taxes 358 194 181
Equity (earnings) losses of equity method investees (47) (15) (3)
Dividends from equity method investees 3 3 3
Asset (gains) losses and impairments, net 49 28 16
Changes in assets and liabilities:      
Accounts receivable, net (316) (40) 398
Inventories (127) (191) (110)
Prepaid postretirement benefit costs (56) (72) (62)
Accounts payable 255 45 (306)
Accrued pension liability 21 (136) (28)
Accrued postretirement liability 14 (68) 14
Derivative assets and liabilities 6 25 (321)
Regulatory assets and liabilities 24 586 594
Other current and noncurrent assets and liabilities (40) 179 (176)
Net cash from operating activities 3,409 3,643 3,220
Investing Activities      
Plant and equipment expenditures — utility (4,343) (4,399) (3,872)
Plant and equipment expenditures — non-utility (86) (68) (62)
Acquisition related to business combination, net of cash acquired (210) 0 0
Proceeds from sale of assets 32 46 3
Proceeds from sale of nuclear decommissioning trust fund assets 717 555 681
Investment in nuclear decommissioning trust funds (719) (559) (678)
Distributions from equity method investees 18 30 25
Contributions to equity method investees (1) (27) (27)
Investment in notes receivable (600) (479) (109)
Principal collections on notes receivable 22 30 23
Investment in time deposits 0 (1,050) 0
Redemption of time deposits 0 1,050 0
Other (134) (80) (79)
Net cash used for investing activities (5,304) (4,951) (4,095)
Financing Activities      
Issuance of long-term debt, net of discount and issuance costs 4,429 4,533 3,167
Redemption of long-term debt (1,291) (2,139) (1,616)
Short-term borrowings, net (185) (216) 121
Dividends paid on common stock (871) (810) (752)
Other (25) (23) (37)
Net cash from financing activities 2,057 1,345 883
Net Increase in Cash, Cash Equivalents, and Restricted Cash 162 37 8
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 88 51 43
Cash, Cash Equivalents, and Restricted Cash at End of Period 250 88 51
Supplemental disclosure of cash information      
Interest, net of interest capitalized 978 869 751
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable $ 570 $ 454 $ 490