DTE ENERGY CO
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
DTE$138.99+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
DTE Energy — Consolidated Statements of Financial Position
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In millions) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $24 | $26 |
| Restricted cash | 64 | 25 |
| Accounts receivable (less allowance for doubtful accounts of $70 and $63, respectively) | ||
| Customer | 1,690 | 1,632 |
| Other | 137 | 155 |
| Inventories | ||
| Fuel and gas | 443 | 421 |
| Materials, supplies, and other | 802 | 633 |
| Derivative assets | 162 | 297 |
| Regulatory assets | 50 | 108 |
| Other | 235 | 242 |
| 3,607 | 3,539 | |
| Investments | ||
| Nuclear decommissioning trust funds | 2,256 | 2,041 |
| Investments in equity method investees | 128 | 166 |
| Other | 176 | 168 |
| 2,560 | 2,375 | |
| Property | ||
| Property, plant, and equipment | 40,840 | 37,274 |
| Accumulated depreciation and amortization | (9,947) | (9,105) |
| 30,893 | 28,169 | |
| Other Assets | ||
| Goodwill | 1,993 | 1,993 |
| Regulatory assets | 6,771 | 6,209 |
| Securitized regulatory assets | 690 | 758 |
| Intangible assets | 144 | 156 |
| Notes receivable | 898 | 420 |
| Derivative assets | 85 | 109 |
| Prepaid postretirement costs | 705 | 633 |
| Operating lease right-of-use assets | 188 | 132 |
| Other | 312 | 262 |
| 11,786 | 10,672 | |
| Total Assets | $48,846 | $44,755 |
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In millions, except shares) | ||
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $1,387 | $1,361 |
| Accrued interest | 224 | 170 |
| Dividends payable | 226 | 210 |
| Short-term borrowings | 1,067 | 1,283 |
| Current portion long-term debt, including securitization bonds and finance leases | 1,296 | 2,142 |
| Derivative liabilities | 118 | 177 |
| Regulatory liabilities | 181 | 71 |
| Operating lease liabilities | 21 | 17 |
| Other | 586 | 452 |
| 5,106 | 5,883 | |
| Long-Term Debt (net of current portion) | ||
| Mortgage bonds, notes, and other | 19,153 | 15,819 |
| Securitization bonds | 635 | 705 |
| Junior subordinated debentures | 884 | 883 |
| Finance lease obligations | 18 | 13 |
| 20,690 | 17,420 | |
| Other Liabilities | ||
| Deferred income taxes | 2,958 | 2,649 |
| Regulatory liabilities | 2,856 | 2,603 |
| Asset retirement obligations | 4,031 | 3,556 |
| Unamortized investment tax credit | 269 | 181 |
| Derivative liabilities | 57 | 132 |
| Accrued pension liability | 214 | 350 |
| Accrued postretirement liability | 233 | 301 |
| Nuclear decommissioning | 353 | 320 |
| Operating lease liabilities | 167 | 108 |
| Other | 208 | 197 |
| 11,346 | 10,397 | |
| Commitments and Contingencies (Notes 8 and 17) | ||
| Equity | ||
| Common stock (No par value, 400,000,000 shares authorized, and 207,171,582 and 206,357,070 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively) | 6,779 | 6,713 |
| Retained earnings | 4,946 | 4,404 |
| Accumulated other comprehensive loss | (26) | (67) |
| Total DTE Energy Company Equity | 11,699 | 11,050 |
| Noncontrolling interests | 5 | 5 |
| Total Equity | 11,704 | 11,055 |
| Total Liabilities and Equity | $48,846 | $44,755 |
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