Company: DTK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000936340-25-000223
Chunk: 158

Company: DTE ENERGY CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 158
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 expense for the Registrants is primarily comprised of the current period provision for allowance for doubtful accounts and is summarized as follows:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In millions)DTE Energy$14 $27 $60 $65 DTE Electric$13 $22 $36 $43 There are no material amounts of past due financing receivables for the Registrants as of September 30, 2025.

NOTE 3 — NEW ACCOUNTING PRONOUNCEMENTS

Recently Issued PronouncementsIn December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures.  The amendments in this update require enhanced income tax disclosure, particularly related to a reporting entity's effective tax rate reconciliation and income taxes paid.  For the rate reconciliation table, the update requires additional categories of information about federal, state, and foreign taxes and details about significant reconciling items, subject to a quantitative threshold.  Income taxes paid must be similarly disaggregated by federal, state and foreign based on quantitative threshold.  The ASU is effective for the Registrants for annual periods beginning after December 15, 2024.  The guidance shall be applied on a prospective basis with the option to apply retrospectively.  The Registrants will apply the guidance on a retrospective basis beginning with the combined DTE Energy and DTE Electric Annual Report on Form 10-K for the year ended December 31, 2025.In November 2024, the FASB issued ASU No. 2024-03, Income Statement-Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, as amended.  The amendments in this update require disaggregated disclosure of income statement expense captions into specified categories in disclosures within the footnotes to the financial statements.  The ASU is effective for the Registrants for annual reporting periods beginning after December 15, 2026, and for interim reporting periods beginning after December 15, 2027.  The guidance may be applied on a prospective or retrospective basis.  Early adoption is permitted.  The Registrants will apply the guidance upon the effective date.In July 2025, the FASB issued ASU No. 2025-05, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses for