Company: DTK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000936340-25-000223
Chunk: 80

Company: DTE ENERGY CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 80
---
— — 2 1 1 — 2 Transfers from Level 3 into Level 2— — 2 2 — — — — Total gains (losses)Included in earnings(a)(17)275 2 260 13 196 (1)208 Recorded in Regulatory liabilities— — 20 20 — — 29 29 Purchases, issuances, and settlementsSettlements52 (294)(12)(254)(41)(215)(15)(271)Net Assets (Liabilities) as of September 30$19 $5 $19 $43 $(5)$29 $19 $43 Total gains (losses) included in Net Income attributed to the change in unrealized gains (losses) related to assets and liabilities held at September 30(a)$13 $2 $1 $16 $(25)$156 $(41)$90 Total gains (losses) included in Regulatory liabilities attributed to the change in unrealized gains (losses) related to assets and liabilities held at September 30$— $— $18 $18 $— $— $21 $21 _______________________________________(a)Amounts are reflected in Operating Revenues — Non-utility operations and Fuel, purchased power, gas, and other — non-utility in DTE Energy's Consolidated Statements of Operations.The following table presents the fair value reconciliation of Level 3 assets and liabilities measured at fair value on a recurring basis for DTE Electric:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(In millions)Net Assets as of beginning of period$30 $28 $9 $7 Total gains (losses) recorded in Regulatory liabilities(6)2 20 29 Purchases, issuances, and settlementsSettlements(6)(9)(11)(15)Net Assets as of September 30$18 $21 $18 $21 Total gains (losses) included in Regulatory liabilities attributed to the change in unrealized gains (losses) related to assets and liabilities held at September 30$(5)$2 $18 $21 Derivatives are transferred between levels primarily due to changes in the source data used to construct price curves as a result of changes in market liquidity.  Transfers in and transfers out