Company: DTK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000936340-25-000223
Chunk: 64

Company: DTE ENERGY CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 64
---
 — Total notes receivable(b)$133 $857 $280 $1,270 $158 Net investment in leasesInternal grade 1$— $— $35 $35 $— Internal grade 2— 2 — 2 — Total net investment in leases(b)$— $2 $35 $37 $— _______________________________________(a)For DTE Electric, $131 million is included in Internal grade 1 with a 2025 year of origination.(b)For DTE Energy, the current portion is included in Current Assets — Other on the Consolidated Statements of Financial Position.  For DTE Electric, the amounts are included in Other Assets — Other on the Consolidated Statements of Financial Position.

22

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

The allowance for doubtful accounts on accounts receivable for the utility entities is generally calculated using an aging approach that utilizes rates developed in reserve studies.  DTE Electric and DTE Gas establish an allowance for uncollectible accounts based on historical losses and management's assessment of existing and future economic conditions, customer trends and other factors.  Customer accounts are generally considered delinquent if the amount billed is not received by the due date, which is typically in 21 days, however, factors such as assistance programs may delay aggressive action.  DTE Electric and DTE Gas generally assess late payment fees on trade receivables based on past-due terms with customers.  Customer accounts are written off when collection efforts have been exhausted.  The time period for write-off is 150 days after service has been terminated.The customer allowance for doubtful accounts for non-utility businesses and other receivables for both utility and non-utility businesses is generally calculated based on specific review of probable future collections based on receivable balances generally in excess of 30 days.  Existing and future economic conditions, customer trends and other factors are also considered.  Receivables are written off on a specific identification basis and determined based upon the specific circumstances of the associated receivable.Notes receivable for DTE Energy are primarily comprised of finance lease receivables and loans that are included in Notes Receivable and Other current assets on DTE Energy's Consolidated Statements of Financial Position.  Notes receivable for DTE Electric are primarily comprised of MISO deposits and loans.The Registrants establish an allowance