Company: DTK
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000936340-25-000097
Chunk: 151

Company: DTE ENERGY CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 151
---
 DTE Energy's Consolidated Statements of Financial Position.For contracts with certain clearing agents, the fair value of derivative instruments is netted against realized positions with the net balance reflected as either 1) a Derivative asset or liability or 2) an Account receivable or payable.  Other than certain clearing agents, Accounts receivable and Accounts payable that are subject to netting arrangements have not been offset against the fair value of Derivative assets and liabilities.The following table presents net cash collateral offsetting arrangements for DTE Energy:March 31, 2025December 31, 2024(In millions)Cash collateral netted against Derivative assets$(61)$(17)Cash collateral recorded in Accounts receivable(a)34 29 Cash collateral recorded in Accounts payable(a)(4)(5)Total net cash collateral posted (received)$(31)$7 _______________________________________(a)Amounts are recorded net by counterparty.

37

Table of ContentsDTE Energy Company — DTE Electric CompanyCombined Notes to Consolidated Financial Statements (Unaudited) — (Continued)

The following table presents the netting offsets of Derivative assets and liabilities for DTE Energy:March 31, 2025December 31, 2024Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Consolidated Statements of Financial PositionNet Amounts of Assets (Liabilities) Presented in the Consolidated Statements of Financial PositionGross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Consolidated Statements of Financial PositionNet Amounts of Assets (Liabilities) Presented in the Consolidated Statements of Financial Position(In millions)Derivative assetsCommodity contracts(a)Natural gas$461 $(327)$134 $428 $(285)$143 Electricity304 (214)90 187 (116)71 Environmental & Other68 (58)10 58 (46)12 Interest rate contracts 3 — 3 20 — 20 Foreign currency exchange contracts1 — 1 1 — 1 Total derivative assets$837 $(599)$238 $694 $(447)$247 Derivative liabilitiesCommodity contracts(a)Natural gas$(395)$280 $(115)$(410)$272 $(138)Electricity(310)206 (104)(150)114 (36)Environmental & Other(52)52 — (44)44 —