v3.26.1
Segment and Related Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Inter-segment Billing for Goods and Services and Profit (Loss) Financial Data
Inter-segment billing for goods and services exchanged between segments is based upon tariffed or market-based prices of the provider. Such billing primarily consists of power sales, sale and transportation of natural gas, and renewable natural gas sales in the segments below, as well as charges from Electric to other segments for use of the shared capital assets of DTE Electric.
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In millions)
Electric segment(a)
$16 $17 $35 $36 
Gas segment6 4 14 8 
DTE Vantage segment13 11 49 51 
Energy Trading segment39 44 89 90 
$74 $76 $187 $185 
_______________________________________
(a)Inter-segment billing for the Electric segment relating to Non-utility operations includes $1 million for both the three months ended June 30, 2026 and 2025 and $2 million for both the six months ended June 30, 2026 and 2025.
Profit (loss) financial data of DTE Energy's business segments follows:
Electric(a)
Gas
DTE
Vantage
Energy
Trading
Total
Reportable
Segments
Corporate
and
Other
Reclassifications
and
Eliminations
Total
(In millions)
Three months ended June 30, 2026
Operating Revenues — Utility operations$1,751 315 — — $2,066 — (22)$2,044 
Operating Revenues — Non-utility operations$24 — 200 1,153 $1,377 — (52)$1,325 
Depreciation and amortization$423 59 15 1 $498 — — $498 
Interest expense$159 35 7 3 $204 117 (20)$301 
Interest income$(4)(3)(26)(1)$(34)(19)20 $(33)
Equity earnings of equity method investees$— — 4 — $4 — — $4 
Other segment items (pre-tax)(b)
$937 229 176 1,085 $2,427 5 (74)$2,358 
Income Tax Expense (Benefit)$(10)(1)(21)16 $(16)(25)— $(41)
Net Income (Loss) Attributable to DTE Energy Company$270 (4)45 49 $360 (78)— $282 
Three months ended June 30, 2025
Operating Revenues — Utility operations$1,682 316 — — $1,998 — (19)$1,979 
Operating Revenues — Non-utility operations$4 — 169 1,324 $1,497 — (57)$1,440 
Depreciation and amortization$380 55 14 2 $451 — — $451 
Interest expense$138 32 8 2 $180 99 (23)$256 
Interest income$(2)(4)(21)(2)$(29)(19)23 $(25)
Equity earnings (losses) of equity method investees$— 1 4 — $5 (1)— $4 
Other segment items (pre-tax)(b)
$862 224 146 1,343 $2,575 4 (76)$2,503 
Income Tax Expense (Benefit)$(10)2 (13)(5)$(26)27 — $1 
Net Income (Loss) Attributable to DTE Energy Company$318 6 31 (16)$339 (110)— $229 
_______________________________________
(a)The Electric segment consists principally of DTE Electric. Refer to the DTE Electric Consolidated Statements of Operations and the DTE Electric Consolidated Statements of Financial Position for the standalone DTE Electric amounts.
(b)Other segment items include Fuel, purchased power, and gas — utility; Fuel, purchased power, gas, and other — non-utility; Operation and maintenance; Taxes other than income; Asset (gains) losses and impairments, net; Non-operating retirement benefits, net; Other income; and Other expenses.
Electric(a)
Gas
DTE
Vantage
Energy
Trading
Total
Reportable
Segments
Corporate
and
Other
Reclassifications
and
Eliminations
Total
(In millions)
Six months ended June 30, 2026
Operating Revenues — Utility operations$3,468 1,247 — — $4,715 — (48)$4,667 
Operating Revenues — Non-utility operations$51 — 427 3,504 $3,982 — (139)$3,843 
Depreciation and amortization$832 117 30 2 $981 — — $981 
Interest expense$306 70 14 9 $399 234 (39)$594 
Interest income$(7)(4)(51)(4)$(66)(37)39 $(64)
Equity earnings of equity method investees$— 1 6 — $7 — — $7 
Other segment items (pre-tax)(b)
$1,926 795 487 3,536 $6,744 5 (187)$6,562 
Income Tax Expense (Benefit)$(26)62 (45)(10)$(19)(80)— $(99)
Net Income (Loss) Attributable to DTE Energy Company$488 206 (14)(29)$651 (122)— $529 
Six months ended June 30, 2025
Operating Revenues — Utility operations$3,136 1,192 — — $4,328 — (42)$4,286 
Operating Revenues — Non-utility operations$9 — 357 3,350 $3,716 — (143)$3,573 
Depreciation and amortization$762 109 29 3 $903 — — $903 
Interest expense$271 64 16 4 $355 193 (42)$506 
Interest income$(4)(6)(41)(5)$(56)(34)42 $(48)
Equity earnings (losses) of equity method investees$— 1 11 — $12 (1)— $11 
Other segment items (pre-tax)(b)
$1,688 747 293 3,280 $6,008 7 (185)$5,830 
Income Tax Expense (Benefit)$(13)65 (21)17 $48 (65)— $(17)
Net Income (Loss) Attributable to DTE Energy Company$441 212 70 51 $774 (100)— $674 
_______________________________________
(a)The Electric segment consists principally of DTE Electric. Refer to the DTE Electric Consolidated Statements of Operations and the DTE Electric Consolidated Statements of Financial Position for the standalone DTE Electric amounts.
(b)Other segment items include Fuel, purchased power, and gas — utility; Fuel, purchased power, gas, and other — non-utility; Operation and maintenance; Taxes other than income; Asset (gains) losses and impairments, net; Non-operating retirement benefits, net; Other income; and Other expenses.
Other financial data of DTE Energy's business segments follows:
Electric(a)
Gas
DTE
Vantage
Energy
Trading
Total
Reportable
Segments
Corporate
and
Other
Reclassifications
and
Eliminations
Total
(In millions)
June 30, 2026
Investment in equity method investees$4 19 78 — $101 11 — $112 
Capital expenditures and acquisitions$2,341 348 30 2 $2,721 — — $2,721 
Goodwill$1,208 743 25 17 $1,993 — — $1,993 
Total Assets$41,614 9,079 2,588 1,076 $54,357 6,069 (4,192)$56,234 
December 31, 2025
Investment in equity method investees$4 19 77 — $100 22 — $122 
Capital expenditures and acquisitions$3,892 661 80 6 $4,639 — — $4,639 
Goodwill$1,208 743 25 17 $1,993 — — $1,993 
Total Assets$39,370 8,987 2,426 1,313 $52,096 5,145 (3,175)$54,066 
_______________________________________
(a)The Electric segment consists principally of DTE Electric. Refer to the DTE Electric Consolidated Statements of Operations and the DTE Electric Consolidated Statements of Financial Position for the standalone DTE Electric amounts.