v3.25.2
Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 32 $ 24
Restricted cash 52 64
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively)    
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively) 1,597 1,690
Other 162 137
Inventories    
Fuel 372 443
Materials and supplies 998 802
Regulatory assets 26 50
Other 181 235
Total Current Assets 3,539 3,607
Investments    
Nuclear decommissioning trust funds 2,345 2,256
Other 182 176
Total Investments 2,655 2,560
Property    
Property, plant, and equipment 42,046 40,840
Accumulated depreciation and amortization (10,429) (9,947)
Total Property 31,617 30,893
Other Assets    
Regulatory assets 7,226 6,771
Securitized regulatory assets 655 690
Prepaid postretirement costs — affiliates 750 705
Operating lease right-of-use assets 216 188
Other 339 312
Total Other Assets 12,437 11,786
Total Assets 50,248 48,846
Accounts payable    
Accounts payable 1,380 1,387
Accrued interest 253 224
Current portion long-term debt, including securitization bonds and finance leases 248 1,296
Regulatory liabilities 88 181
Short-term borrowings    
Short-term borrowings 597 1,067
Operating lease liabilities 22 21
Other 433 451
Total Current Liabilities 3,779 5,106
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 21,439 19,153
Securitization bonds 598 635
Finance lease liabilities 15 18
Total Long-Term Debt (net of current portion) 22,936 20,690
Other Liabilities    
Deferred income taxes 2,968 2,958
Regulatory liabilities 2,986 2,856
Asset retirement obligations 4,177 4,031
Unamortized investment tax credit 403 269
Nuclear decommissioning 368 353
Accrued pension liability — affiliates 196 214
Accrued postretirement liability — affiliates 229 233
Operating lease liabilities 189 167
Other 206 208
Total Other Liabilities 11,806 11,346
Commitments and Contingencies (Notes 5 and 12)
Shareholder’s Equity    
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods) 6,809 6,779
Retained earnings 4,940 4,946
Total DTE Energy/DTE Electric Company Equity 11,722 11,699
Total Liabilities and Equity 50,248 48,846
DTE Electric    
Current Assets    
Cash and cash equivalents 9 11
Restricted cash 40 48
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively)    
Other 97 58
Inventories    
Fuel 160 193
Materials and supplies 646 537
Regulatory assets 22 39
Other 98 101
Total Current Assets 1,922 1,769
Investments    
Nuclear decommissioning trust funds 2,345 2,256
Other 67 67
Total Investments 2,412 2,323
Property    
Property, plant, and equipment 31,740 30,801
Accumulated depreciation and amortization (7,799) (7,404)
Total Property 23,941 23,397
Other Assets    
Regulatory assets 6,669 6,187
Securitized regulatory assets 655 690
Prepaid postretirement costs — affiliates 454 428
Operating lease right-of-use assets 181 159
Other 327 268
Total Other Assets 8,286 7,732
Total Assets 36,561 35,221
Accounts payable    
Accrued interest 133 128
Current portion long-term debt, including securitization bonds and finance leases 177 425
Regulatory liabilities 54 156
Short-term borrowings    
Operating lease liabilities 18 18
Other 214 204
Total Current Liabilities 2,089 2,342
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 12,015 10,825
Securitization bonds 598 635
Finance lease liabilities 6 8
Total Long-Term Debt (net of current portion) 12,619 11,468
Other Liabilities    
Deferred income taxes 3,393 3,393
Regulatory liabilities 1,893 1,753
Asset retirement obligations 3,930 3,791
Unamortized investment tax credit 403 269
Nuclear decommissioning 368 353
Accrued pension liability — affiliates 241 248
Accrued postretirement liability — affiliates 221 225
Operating lease liabilities 159 142
Other 75 83
Total Other Liabilities 10,683 10,257
Commitments and Contingencies (Notes 5 and 12)
Shareholder’s 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 3,175 3,159
Total DTE Energy/DTE Electric Company Equity 11,170 11,154
Total Liabilities and Equity 36,561 35,221
DTE Electric | Customer/ Other    
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively)    
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively) 847 734
Accounts payable    
Accounts payable 702 681
Short-term borrowings    
Short-term borrowings 597 666
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively)    
Accounts receivable (less allowance for doubtful accounts of $45 and $46, respectively) 3 6
Inventories    
Notes receivable 0 42
Accounts payable    
Accounts payable 74 64
Short-term borrowings    
Short-term borrowings $ 120 $ 0