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 Energy — Consolidated Statements of Financial Position

	December 31,
	2023	2022
(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$26	$33
Restricted cash	25	10
Accounts receivable (less allowance for doubtful accounts of $63 and $79, respectively)
Customer	1,632	2,038
Other	155	144
Inventories
Fuel and gas	421	433
Materials, supplies, and other	633	509
Derivative assets	297	328
Regulatory assets	108	450
Other	242	235
	3,539	4,180
Investments
Nuclear decommissioning trust funds	2,041	1,825
Investments in equity method investees	166	165
Other	168	165
	2,375	2,155
Property
Property, plant, and equipment	37,274	39,346
Accumulated depreciation and amortization	(9,105)	(10,579)
	28,169	28,767
Other Assets
Goodwill	1,993	1,993
Regulatory assets	6,209	3,886
Securitized regulatory assets	758	206
Intangible assets	156	166
Notes receivable	420	331
Derivative assets	109	105
Prepaid postretirement costs	633	571
Operating lease right-of-use assets	132	89
Other	262	234
	10,672	7,581
Total Assets	$44,755	$42,683

	December 31,
	2023	2022
(In millions, except shares)
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable	$1,361	$1,604
Accrued interest	170	154
Dividends payable	210	196
Short-term borrowings	1,283	1,162
Current portion long-term debt, including securitization bonds and finance leases	2,142	1,124
Derivative liabilities	177	342
Regulatory liabilities	71	34
Operating lease liabilities	17	13
Other	452	544
	5,883	5,173
Long-Term Debt (net of current portion)
Mortgage bonds, notes, and other	15,819	15,807
Securitization bonds	705	172
Junior subordinated debentures	883	883
Finance lease obligations	13	11
	17,420	16,873
Other Liabilities
Deferred income taxes	2,649	2,394
Regulatory liabilities	2,603	2,673
Asset retirement obligations	3,556	3,460
Unamortized investment tax credit	181	182
Derivative liabilities	132	315
Accrued pension liability	350	378
Accrued postretirement liability	301	287
Nuclear decommissioning	320	282
Operating lease liabilities	108	68
Other	197	197
	10,397	10,236
Commitments and Contingencies (Notes 9 and 18)
Equity
Common stock (No par value, 400,000,000 shares authorized, and 206,357,070 and 205,632,393 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively)	6,713	6,651
Retained earnings	4,404	3,808
Accumulated other comprehensive loss	(67)	(62)
Total DTE Energy Company Equity	11,050	10,397
Noncontrolling interests	5	4
Total Equity	11,055	10,401
Total Liabilities and Equity	$44,755	$42,683

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.