Company: DTK
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000936340-25-000065
Chunk: 8

Company: DTE ENERGY CO
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 8
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 by considering (a) the provisions and formulas outlined in rate orders; (b) other regulatory correspondence; and (c) application of relevant regulatory precedents.

/s/ PricewaterhouseCoopers LLP

Detroit, Michigan

February 13, 2025

We have served as the Company’s auditor since 2008.

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Table of ContentsDTE Energy CompanyConsolidated Statements of Operations

Year Ended December 31, 202420232022(In millions, except per share amounts)Operating RevenuesUtility operations$7,990 $7,466 $8,243 Non-utility operations 4,467 5,279 10,985 12,457 12,745 19,228 Operating ExpensesFuel, purchased power, and gas — utility1,978 1,845 2,505 Fuel, purchased power, gas, and other — non-utility3,879 4,413 10,655 Operation and maintenance2,262 2,160 2,400 Depreciation and amortization1,732 1,606 1,468 Taxes other than income487 462 457 Asset (gains) losses and impairments, net28 16 (5)10,366 10,502 17,480 Operating Income2,091 2,243 1,748 Other (Income) and DeductionsInterest expense951 791 675 Interest income(136)(57)(46)Non-operating retirement benefits, net— 9 (1)Other income(167)(102)(58)Other expenses73 36 66 721 677 636 Income Before Income Taxes1,370 1,566 1,112 Income Tax Expense (Benefit)(34)169 29 Net Income Attributable to DTE Energy Company$1,404 $1,397 $1,083 Basic Earnings per Common ShareNet Income Attributable to DTE Energy Company$6.78 $6.77 $5.53 Diluted Earnings per Common ShareNet Income Attributable to DTE Energy Company$6.77 $6.76 $5.52 Weighted Average Common Shares OutstandingBasic207 206 195 Diluted207 206 196 

See Combined Notes to Consolidated Financial Statements

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Table of ContentsDTE Energy CompanyConsolidated