Company: DTK
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000936340-25-000097
Chunk: 64

Company: DTE ENERGY CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 Energy.The following table presents the fair value reconciliation of Level 3 assets and liabilities measured at fair value on a recurring basis for DTE Energy:Three Months Ended March 31, 2025Three Months Ended March 31, 2024Natural GasElectricityOtherTotalNatural GasElectricityOtherTotal(In millions)Net Assets (Liabilities) as of December 31$(18)$24 $7 $13 $22 $47 $6 $75 Transfers into Level 3 from Level 22 — — 2 — — — — Transfers from Level 3 into Level 2— — 2 2 — — — Total gains (losses)Included in earnings(a)(22)(37)— (59)(25)(3)(1)(29)Recorded in Regulatory liabilities— — (2)(2)— — (2)(2)Purchases, issuances, and settlementsSettlements38 (78)(5)(45)— (69)(1)(70)Net Assets (Liabilities) as of March 31$— $(91)$2 $(89)$(3)$(25)$2 $(26)Total gains (losses) included in Net Income attributed to the change in unrealized gains (losses) related to assets and liabilities held at March 31(a)$(17)$(92)$(1)$(110)$(39)$1 $— $(38)Total gains (losses) included in Regulatory liabilities attributed to the change in unrealized gains (losses) related to assets and liabilities held at March 31$— $— $— $— $— $— $2 $2 _______________________________________(a)Amounts are reflected in Operating Revenues — Non-utility operations and Fuel, purchased power, gas, and other — non-utility in DTE Energy's Consolidated Statements of Operations.

31

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

The following table presents the fair value reconciliation of Level 3 assets and liabilities measured at fair value on a recurring basis for DTE Electric:Three Months Ended March 31,20252024(In millions)Net Assets as of beginning of period$9 $7 Total losses recorded in Regulatory liabilities(2)(2)P