Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 147

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 147
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)20 19 82 54 Total Gas operating revenues$316 $289 $1,192 $1,000 Other segment operating revenuesDTE Vantage$169 $181 $357 $365 Energy Trading$1,324 $837 $3,350 $1,770 _______________________________________(a)Revenues generally represent those of DTE Electric, except $4 million and $5 million of Other revenues related to DTE Sustainable Generation for the three months ended June 30, 2025 and 2024, respectively, and $9 million for both the six months ended June 30, 2025 and 2024. (b)Includes revenue adjustments related to various regulatory mechanisms, including the PSCR at the Electric segment and GCR at the Gas segment.  Revenues related to these mechanisms may vary based on changes in the cost of fuel, purchased power, and gas. Revenues included the following which were outside the scope of Topic 606:Three Months Ended June 30,Six Months Ended June 30,2025202420252024(In millions)Electric — Alternative Revenue Programs$— $— $1 $— Electric — Other revenues $5 $5 $10 $9 Gas — Alternative Revenue Programs$— $2 $— $8 Gas — Other revenues$4 $4 $7 $6 DTE Vantage — Leases$14 $12 $29 $26 Energy Trading — Derivatives$966 $586 $2,465 $1,245 

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

Deferred RevenueThe following is a summary of deferred revenue activity for DTE Energy:Six Months Ended June 30,20252024(In millions)Beginning Balance, January 1$138 $106 Increases due to cash received or receivable, excluding amounts recognized as revenue during the period109 81 Revenue recognized that was included in the deferred revenue balance at the beginning of the period(45)(29)Ending Balance, June 30$202 $158 Non-current deferred revenues are included in Other Liabilities — Other on DTE Energy's Consolidated Statements of Financial Position.  Deferred revenues generally represent amounts paid by or receivables from customers for which the associated performance obligation