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Long- Term Debt (Tables)
6 Months Ended
Jun. 30, 2011
Long Term Debt (Tables) [Abstract]  
Long term debt issued
(in Millions)
                                         
Company   Month Issued     Type     Interest Rate     Maturity     Amount  
Detroit Edison
  April   Tax-Exempt Revenue Bonds(1)(2)     2.35 %     2024     $ 31  
Detroit Edison
  May   Mortgage Bonds (3)     3.90 %     2021       250  
DTE Energy
  May   Senior Notes(4)   Variable(5)     2013       300  
 
                                     
 
                                  $ 581  
 
                                     
 
(1)   These bonds were remarketed in a long-term rate mode with a three-year term ending April 1, 2014. The final maturity of the issue is October 1, 2024.
 
(2)   Detroit Edison Tax Exempt Revenue Bonds are issued by a public body that loans the proceeds to Detroit Edison on terms substantially mirroring the Revenue Bonds.
 
(3)   Proceeds were used for general corporate purposes.
 
(4)   Proceeds were used to repay a portion of DTE Energy’s $600 million 7.05% Senior Notes due June 1, 2011 and for general corporate purposes.
 
(5)   The interest rate is reset quarterly at the three month LIBOR rate plus 70 basis points.
Debt Retirements and Redemptions
(in Millions)
                                         
Company   Month Retired     Type     Interest Rate     Maturity     Amount  
Detroit Edison
  May   Tax-Exempt Revenue Bonds     6.95 %     2011     $ 26  
DTE Energy
  June   Senior Notes     7.05 %     2011       600  
 
                                     
 
                                  $ 626