Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 58

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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 the note receivable impaired, adjust the allowance, and cease accruing interest (nonaccrual status).Cash payments received on nonaccrual status notes receivable, that do not bring the account contractually current, are first applied to the contractually owed past due interest, with any remainder applied to principal.  Accrual of interest is generally resumed when the note receivable becomes contractually current.The following tables present a roll-forward of the activity for the Registrants' financing receivables credit loss reserves:DTE EnergyDTE ElectricTrade accounts receivableOther receivablesTotalTrade and other accounts receivable(In millions)Beginning reserve balance, January 1, 2025$69 $3 $72 $46 Current period provision45 — 45 22 Write-offs charged against allowance(55)— (55)(36)Recoveries of amounts previously written off19 — 19 13 Ending reserve balance, June 30, 2025$78 $3 $81 $45 DTE EnergyDTE ElectricTrade accounts receivableOther receivablesTotalTrade and other accounts receivable(In millions)Beginning reserve balance, January 1, 2024$62 $1 $63 $41 Current period provision74 2 76 49 Write-offs charged against allowance(108)— (108)(70)Recoveries of amounts previously written off41 — 41 26 Ending reserve balance, December 31, 2024$69 $3 $72 $46 

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

Uncollectible 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 June 30,Six Months Ended June 30,2025202420252024(In millions)DTE Energy$20 $17 $46 $38 DTE Electric$13 $11 $23 $21 There are no material amounts of past due financing receivables for the Registrants as of June 30, 2025.

NOTE 3 — NEW ACCOUNTING PRONOUNCEMENTS

Recently Issued PronouncementsIn December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements