Company: DTK
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000936340-25-000097
Chunk: 36

Company: DTE ENERGY CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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Part I — Financial Information

Item 1. Financial Statements

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Table of ContentsDTE Energy CompanyConsolidated Statements of Operations (Unaudited)

Three Months Ended March 31,20252024(In millions, except per share amounts)Operating RevenuesUtility operations$2,307 $2,156 Non-utility operations2,133 1,084 4,440 3,240 Operating ExpensesFuel, purchased power, and gas — utility695 600 Fuel, purchased power, gas, and other — non-utility1,957 989 Operation and maintenance575 590 Depreciation and amortization452 423 Taxes other than income138 122 Asset (gains) losses and impairments, net(1)(1)3,816 2,723 Operating Income624 517 Other (Income) and DeductionsInterest expense250 218 Interest income(23)(18)Other income(44)(27)Other expenses14 10 197 183 Income Before Income Taxes427 334 Income Tax Expense (Benefit)(18)21 Net Income Attributable to DTE Energy Company$445 $313 Basic Earnings per Common ShareNet Income Attributable to DTE Energy Company$2.14 $1.51 Diluted Earnings per Common ShareNet Income Attributable to DTE Energy Company$2.14 $1.51 Weighted Average Common Shares OutstandingBasic207 206 Diluted207 207 

See Combined Notes to Consolidated Financial Statements (Unaudited)

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Table of ContentsDTE Energy CompanyConsolidated Statements of Comprehensive Income (Unaudited)

Three Months Ended March 31,20252024(In millions)Net Income$445 $313 Other comprehensive income (loss), net of tax:Benefit obligations, net of taxes of  $— for both periods1 1 Net unrealized gains (losses) on derivatives, net of taxes of $(1) and $8, respectively(3)26 Foreign currency translation— (2)Other comprehensive income (loss)(2)25 Comprehensive Income Attributable to DTE Energy Company$443 $338 

See Combined Notes to Consolidated Financial Statements (Unaudited)

6

Table of ContentsDTE Energy CompanyConsolidated Statements of Financial Position (Unaudited)

March 31,December 31,