DTE ENERGY CO

For the period ended Dec 31, 2023. Filed Feb 8, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 8, 2024

DTE$138.99+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

DTE Electric — Consolidated Statements of Financial Position

	December 31,
	2023	2022
(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$15	$15
Restricted cash	17	9
Accounts receivable (less allowance for doubtful accounts of $41 and $49, respectively)
Customer	764	727
Affiliates	12	8
Other	55	75
Inventories
Fuel	191	167
Materials and supplies	409	331
Regulatory assets	99	421
Other	114	98
	1,676	1,851
Investments
Nuclear decommissioning trust funds	2,041	1,825
Other	53	44
	2,094	1,869
Property
Property, plant, and equipment	27,936	30,591
Accumulated depreciation and amortization	(6,570)	(8,095)
	21,366	22,496
Other Assets
Regulatory assets	5,596	3,219
Securitized regulatory assets	758	206
Prepaid postretirement costs — affiliates	378	345
Operating lease right-of-use assets	101	56
Other	216	194
	7,049	4,020
Total Assets	$32,185	$30,236

	December 31,
	2023	2022
(In millions, except shares)
LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities
Accounts payable
Affiliates	$58	$71
Other	696	637
Accrued interest	113	105
Current portion long-term debt, including securitization bonds and finance leases	166	248
Regulatory liabilities	49	33
Short-term borrowings
Affiliates	—	27
Other	385	568
Operating lease liabilities	15	9
Other	169	204
	1,651	1,902
Long-Term Debt (net of current portion)
Mortgage bonds, notes, and other	10,174	9,282
Securitization bonds	705	172
Finance lease liabilities	4	1
	10,883	9,455
Other Liabilities
Deferred income taxes	3,109	2,946
Regulatory liabilities	1,710	1,778
Asset retirement obligations	3,326	3,221
Unamortized investment tax credit	181	182
Nuclear decommissioning	320	282
Accrued pension liability — affiliates	334	387
Accrued postretirement liability — affiliates	290	275
Operating lease liabilities	81	39
Other	76	74
	9,427	9,184
Commitments and Contingencies (Notes 9 and 18)
Shareholder's Equity
Common stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods)	7,361	6,602
Retained earnings	2,863	3,093
Total Shareholder's Equity	10,224	9,695
Total Liabilities and Shareholder's Equity	$32,185	$30,236

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.