Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 133

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 133
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12,619 11,468 Other LiabilitiesDeferred income taxes3,393 3,393 Regulatory liabilities1,893 1,753 Asset retirement obligations3,930 3,791 Unamortized investment tax credit403 269 Nuclear decommissioning368 353 Accrued pension liability — affiliates241 248 Accrued postretirement liability — affiliates221 225 Operating lease liabilities159 142 Other75 83 10,683 10,257 Commitments and Contingencies (Notes 5 and 12)Shareholder’s EquityCommon stock ($10 par value, 400,000,000 shares authorized, and 138,632,324 shares issued and outstanding for both periods)7,995 7,995 Retained earnings3,175 3,159 Total Shareholder’s Equity11,170 11,154 Total Liabilities and Shareholder’s Equity$36,561 $35,221 

See Combined Notes to Consolidated Financial Statements (Unaudited)

14

Table of ContentsDTE Electric CompanyConsolidated Statements of Cash Flows (Unaudited)

Six Months Ended June 30,20252024(In millions)Operating ActivitiesNet Income$439 $448 Adjustments to reconcile Net Income to Net cash from operating activities:Depreciation and amortization754 703 Nuclear fuel amortization33 21 Allowance for equity funds used during construction(46)(37)Deferred income taxes(27)129 Changes in assets and liabilities:Accounts receivable, net(149)(207)Inventories(76)(75)Accounts payable87 24 Prepaid postretirement benefit costs — affiliates(26)(24)Accrued pension liability — affiliates(7)(25)Accrued postretirement liability — affiliates(4)(5)Regulatory assets and liabilities109 155 Other current and noncurrent assets and liabilities(56)(47)Net cash from operating activities1,031 1,060 Investing ActivitiesPlant and equipment expenditures(1,535)(1,704)Proceeds from sale of nuclear decommissioning trust fund assets371 347 Investment in nuclear decommissioning trust funds(373)(350)Notes receivable and other(27)(24)Net cash used for investing activities(1,564)(1,731)Financing ActivitiesIssuance of long-term debt, net of discount and issuance costs