Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 80

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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The following table presents the netting offsets of Derivative assets and liabilities for DTE Energy:June 30, 2025December 31, 2024Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Consolidated Statements of Financial PositionNet Amounts of Assets (Liabilities) Presented in the Consolidated Statements of Financial PositionGross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Consolidated Statements of Financial PositionNet Amounts of Assets (Liabilities) Presented in the Consolidated Statements of Financial Position(In millions)Derivative assetsCommodity contracts(a)Natural gas$327 $(249)$78 $428 $(285)$143 Electricity253 (179)74 187 (116)71 Environmental & Other129 (99)30 58 (46)12 Interest rate contracts 2 — 2 20 — 20 Foreign currency exchange contracts— — — 1 — 1 Total derivative assets$711 $(527)$184 $694 $(447)$247 Derivative liabilitiesCommodity contracts(a)Natural gas$(321)$225 $(96)$(410)$272 $(138)Electricity(225)182 (43)(150)114 (36)Environmental & Other(79)79 — (44)44 — Interest rate contracts(1)— (1)— — — Foreign currency exchange contracts(1)— (1)(1)— (1)Total derivative liabilities$(627)$486 $(141)$(605)$430 $(175)_______________________________________(a)For contracts with a clearing agent, DTE Energy nets all activity across commodities.  This can result in some individual commodities having a contra balance.The following table presents the netting offsets of Derivative assets and liabilities showing the reconciliation of derivative instruments to DTE Energy's Consolidated Statements of Financial Position:June 30, 2025December 31, 2024Derivative AssetsDerivative LiabilitiesDerivative AssetsDerivative LiabilitiesCurrentNoncurrentCurrentNoncurrentCurrentNoncurrentCurrentNoncurrent(In millions)Total fair value of derivatives$462 $249 $(381)$(246)$488 $206 $(441)$(164)Counterparty netting(324)(162)324 162 (323)(107)323 107 Collateral adjustment(19)(