Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 146

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 146
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 tax disclosure, particularly related to a reporting entity's effective tax rate reconciliation and income taxes paid.  For the rate reconciliation table, the update requires additional categories of information about federal, state, and foreign taxes and details about significant reconciling items, subject to a quantitative threshold.  Income taxes paid must be similarly disaggregated by federal, state and foreign based on quantitative threshold.  The ASU is effective for the Registrants for annual periods beginning after December 15, 2024.  The guidance shall be applied on a prospective basis with the option to apply retrospectively.  Early adoption is permitted.  The Registrants will apply the guidance beginning with the combined DTE Energy and DTE Electric Annual Report on Form 10-K for the year ended December 31, 2025.In November 2024, the FASB issued ASU No. 2024-03, Income Statement-Reporting Comprehensive Income – Expense Disaggregation Disclosures (Subtopic 220-04): Disaggregation of Income Statement Expenses, as amended.  The amendments in this update require disaggregated disclosure of income statement expense captions into specified categories in disclosures within the footnotes to the financial statements.  The ASU is effective for the registrants for annual reporting periods beginning after December 15, 2026, and for interim reporting periods beginning after December 15, 2027.  The guidance may be applied on a prospective or retrospective basis.  Early adoption is permitted.  The Registrants will apply the guidance upon the effective date.

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

NOTE 4 — REVENUE

Disaggregation of RevenueThe following is a summary of revenues disaggregated by segment for DTE Energy:Three Months Ended June 30,Six Months Ended June 30,2025202420252024(In millions)Electric(a)Residential$733 $744 $1,453 $1,444 Commercial536 571 1,065 1,127 Industrial164 187 324 370 Other(b)253 114 303 145 Total Electric operating revenues$1,686 $1,616 $3,145 $3,086 GasGas sales$229 $201 $921 $766 End User Transportation51 53 142 135 Intermediate Transportation16 16 47 45 Other(b