Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 185

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 185
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 and $2 million for both the six months ended June 30, 2025 and 2024.All inter-segment transactions and balances are eliminated in consolidation for DTE Energy.  Centrally incurred costs such as labor and overheads are assigned directly to DTE Energy's business segments or allocated based on various cost drivers, depending on the nature of service provided.The federal income tax provisions or benefits of DTE Energy’s subsidiaries are determined on an individual company basis and recognize the tax benefit of tax credits and net operating losses, if applicable.  The state and local income tax provisions of the utility subsidiaries are also determined on an individual company basis and recognize the tax benefit of various tax credits and net operating losses, if applicable.  The subsidiaries record federal, state, and local income taxes payable to or receivable from DTE Energy based on the federal, state, and local tax provisions of each company.The Reclassifications and Eliminations group below also includes the reclassification of deferred tax assets and prepaid pension assets, which are netted against deferred tax liabilities and accrued pension liabilities, respectively, for presentation on the DTE Energy Consolidated Statements of Financial Position.

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

Profit (loss) financial data of DTE Energy's business segments follows:Electric(a)GasDTE VantageEnergy TradingTotal Reportable SegmentsCorporate and OtherReclassificationsandEliminationsTotal(In millions)Three months ended June 30, 2025Operating Revenues — Utility operations$1,682 316 — — $1,998 — (19)$1,979 Operating Revenues — Non-utility operations$4 — 169 1,324 $1,497 — (57)$1,440 Depreciation and amortization$380 55 14 2 $451 — — $451 Interest expense$138 32 8 2 $180 99 (23)$256 Interest income$(2)(4)(21)(2)$(29)(19)23 $(25)Equity earnings (losses) of equity method investees$— 1 4 — $5 (1)— $4 Other segment items (pre-tax)(b)$862 224 146 1,343 $2,575 4 (76)$2,