v3.26.1
Consolidated Statements of Financial Position (Unaudited) - DTE Electric Company - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 42 $ 208
Restricted cash 42 42
Accounts receivable (less allowance for doubtful accounts of $46 and $41, respectively)    
Customer 1,683 2,031
Other 267 118
Inventories    
Fuel 296 381
Materials and supplies 1,056 994
Regulatory assets 239 170
Other 240 261
Total Current Assets 4,050 4,348
Investments    
Nuclear decommissioning trust funds 2,756 2,552
Other 206 194
Total Investments 3,074 2,868
Property    
Property, plant, and equipment 46,757 44,623
Accumulated depreciation and amortization (11,261) (10,970)
Total Property 35,496 33,653
Other Assets    
Regulatory assets 7,593 7,380
Securitized regulatory assets 582 619
Prepaid postretirement costs — affiliates 808 761
Operating lease right-of-use assets 260 271
Other 536 441
Total Other Assets 13,614 13,197
Total Assets 56,234 54,066
Accounts payable    
Accounts payable 1,697 1,753
Accrued interest 300 273
Current portion long-term debt, including securitization bonds and finance leases 1,689 1,356
Regulatory liabilities 33 107
Short-term borrowings    
Short-term borrowings 0 882
Operating lease liabilities 34 32
Other 611 678
Total Current Liabilities 5,049 5,409
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 22,878 21,736
Securitization bonds 542 561
Finance lease liabilities 11 14
Total Long-Term Debt (net of current portion) 25,895 23,785
Other Liabilities    
Deferred income taxes 3,367 3,400
Regulatory liabilities 2,962 2,881
Asset retirement obligations 4,710 4,469
Unamortized investment tax credit 501 402
Nuclear decommissioning 440 405
Accrued pension liability — affiliates 217 235
Accrued postretirement liability — affiliates 242 247
Operating lease liabilities 222 235
Other 424 224
Total Other Liabilities 13,136 12,564
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) 6,898 6,858
Retained earnings 5,283 5,484
Total DTE Energy/DTE Electric Company Equity 12,149 12,303
Total Liabilities and Equity 56,234 54,066
DTE Electric    
Current Assets    
Cash and cash equivalents 5 81
Restricted cash 42 42
Accounts receivable (less allowance for doubtful accounts of $46 and $41, respectively)    
Other 159 55
Inventories    
Fuel 133 114
Materials and supplies 663 678
Regulatory assets 223 158
Other 110 116
Total Current Assets 2,272 2,051
Investments    
Nuclear decommissioning trust funds 2,756 2,552
Other 78 72
Total Investments 2,834 2,624
Property    
Property, plant, and equipment 35,610 33,807
Accumulated depreciation and amortization (8,428) (8,239)
Total Property 27,182 25,568
Other Assets    
Regulatory assets 7,051 6,821
Securitized regulatory assets 582 619
Prepaid postretirement costs — affiliates 492 463
Operating lease right-of-use assets 228 237
Other 617 607
Total Other Assets 8,970 8,747
Total Assets 41,258 38,990
Accounts payable    
Accrued interest 163 135
Current portion long-term debt, including securitization bonds and finance leases 937 754
Regulatory liabilities 30 63
Short-term borrowings    
Operating lease liabilities 29 27
Other 222 228
Total Current Liabilities 3,243 2,769
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 13,138 11,852
Securitization bonds 542 561
Finance lease liabilities 3 6
Total Long-Term Debt (net of current portion) 13,683 12,419
Other Liabilities    
Deferred income taxes 3,830 3,812
Regulatory liabilities 1,874 1,798
Asset retirement obligations 4,451 4,217
Unamortized investment tax credit 501 402
Nuclear decommissioning 440 405
Accrued pension liability — affiliates 238 245
Accrued postretirement liability — affiliates 232 237
Operating lease liabilities 195 206
Other 145 66
Total Other Liabilities 11,906 11,388
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) 8,949 8,949
Retained earnings 3,477 3,465
Total DTE Energy/DTE Electric Company Equity 12,426 12,414
Total Liabilities and Equity 41,258 38,990
DTE Electric | Customer    
Accounts receivable (less allowance for doubtful accounts of $46 and $41, respectively)    
Customer 919 805
Inventories    
Notes receivable 16 0
Accounts payable    
Accounts payable 985 839
Short-term borrowings    
Short-term borrowings 0 652
DTE Electric | Affiliates    
Accounts receivable (less allowance for doubtful accounts of $46 and $41, respectively)    
Customer 2 2
Accounts payable    
Accounts payable 94 71
Short-term borrowings    
Short-term borrowings $ 783 $ 0