Company: DTK
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000936340-25-000065
Chunk: 3

Company: DTE ENERGY CO
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 3
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Table of Contents

Item 8. Financial Statements and Supplementary Data

The following Consolidated Financial Statements are included herein:PageDTE Energy — Controls and Procedures53DTE Energy — Report of Independent Registered Public Accounting Firm (PCAOB ID 238)54DTE Energy — Consolidated Statements of Operations56DTE Energy — Consolidated Statements of Comprehensive Income57DTE Energy — Consolidated Statements of Financial Position58DTE Energy — Consolidated Statements of Cash Flows60DTE Energy — Consolidated Statements of Changes in Equity62DTE Electric — Controls and Procedures63DTE Electric — Report of Independent Registered Public Accounting Firm (PCAOB ID 238)64DTE Electric — Consolidated Statements of Operations66DTE Electric — Consolidated Statements of Comprehensive Income67DTE Electric — Consolidated Statements of Financial Position68DTE Electric — Consolidated Statements of Cash Flows70DTE Electric — Consolidated Statements of Changes in Shareholder's Equity71Combined Notes to Consolidated Financial Statements72Note 1 — Organization and Basis of Presentation72Note 2 — Significant Accounting Policies75Note 3 — New Accounting Pronouncements82Note 4 — Revenue83Note 5 — Property, Plant, and Equipment87Note 6 — Jointly-Owned Utility Plant89Note 7 — Asset Retirement Obligations90Note 8 — Regulatory Matters91Note 9 — Income Taxes95Note 10 — Earnings Per Share99Note 11 — Fair Value100Note 12 — Financial and Other Derivative Instruments107Note 13 — Long-Term Debt112Note 14 — Preferred and Preference Securities114Note 15 — Short-Term Credit Arrangements and Borrowings114Note 16 — Leases115Note 17 — Commitments and Contingencies119Note 18 — Nuclear Operations124Note 19 — Retirement Benefits and Trusteed Assets125Note 20 — Stock-Based Compensation135Note 21 — Segment and Related Information137Note 22 — Related Party Transactions140

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Table of Contents

DTE Energy — Controls and Procedures

(a) Evaluation of disclosure controls and procedures

Management of DTE Energy carried out an evaluation, under the supervision and with the participation of DTE Energy's Chief Executive Officer (CEO) and Chief Financial Officer (CFO), of the effectiveness of the design and operation of DTE Energy's disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) as of December 31, 2024