v3.25.2
Revenue (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue By Segment and Revenues Outside the Scope of Topic 606
The following is a summary of revenues disaggregated by segment for DTE Energy:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(In millions)
Electric(a)
Residential$733 $744 $1,453 $1,444 
Commercial536 571 1,065 1,127 
Industrial164 187 324 370 
Other(b)
253 114 303 145 
Total Electric operating revenues$1,686 $1,616 $3,145 $3,086 
Gas
Gas sales$229 $201 $921 $766 
End User Transportation51 53 142 135 
Intermediate Transportation16 16 47 45 
Other(b)
20 19 82 54 
Total Gas operating revenues$316 $289 $1,192 $1,000 
Other segment operating revenues
DTE Vantage$169 $181 $357 $365 
Energy Trading$1,324 $837 $3,350 $1,770 
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(a)Revenues generally represent those of DTE Electric, except $4 million and $5 million of Other revenues related to DTE Sustainable Generation for the three months ended June 30, 2025 and 2024, respectively, and $9 million for both the six months ended June 30, 2025 and 2024.
(b)Includes revenue adjustments related to various regulatory mechanisms, including the PSCR at the Electric segment and GCR at the Gas segment. Revenues related to these mechanisms may vary based on changes in the cost of fuel, purchased power, and gas.
Revenues included the following which were outside the scope of Topic 606:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(In millions)
Electric — Alternative Revenue Programs$ $— $1 $— 
Electric — Other revenues $5 $$10 $
Gas — Alternative Revenue Programs$ $$ $
Gas — Other revenues$4 $$7 $
DTE Vantage — Leases$14 $12 $29 $26 
Energy Trading — Derivatives$966 $586 $2,465 $1,245 
Schedule of Deferred Revenue Activity
The following is a summary of deferred revenue activity for DTE Energy:
Six Months Ended June 30,
20252024
(In millions)
Beginning Balance, January 1$138 $106 
Increases due to cash received or receivable, excluding amounts recognized as revenue during the period109 81 
Revenue recognized that was included in the deferred revenue balance at the beginning of the period(45)(29)
Ending Balance, June 30$202 $158 
Schedule of Expected Recognition of Deferred Revenue and Expected Timing of Performance Obligation Satisfaction
The following table represents deferred revenue amounts for DTE Energy that are expected to be recognized as revenue in future periods:
DTE Energy
(In millions)
2025$152 
202648 
2027
2028
2029— 
2030 and thereafter— 
$202 
The Registrants expect to recognize revenue for the following amounts related to fixed consideration associated with remaining performance obligations in each of the future periods noted:
DTE EnergyDTE Electric
(In millions)
2025$103 $
2026184 
2027144 — 
2028100 — 
202984 — 
2030 and thereafter334 — 
$949 $8