Company: DTK
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000936340-25-000182
Chunk: 81

Company: DTE ENERGY CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 81
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22)— — (3)(14)— — Total derivatives as reported$119 $65 $(57)$(84)$162 $85 $(118)$(57)

40

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

The effect of derivatives not designated as hedging instruments on DTE Energy's Consolidated Statements of Operations is as follows:Location of Gain (Loss) Recognized in Income on DerivativesGain (Loss) Recognized in Income on Derivatives for the Three Months Ended June 30,Gain (Loss) Recognized in Income on Derivatives for the Six Months Ended June 30,2025202420252024(In millions)Commodity contractsNatural gasOperating Revenues — Non-utility operations$(10)$45 $84 $(24)Natural gasFuel, purchased power, gas, and other — non-utility(46)(21)(146)38 ElectricityOperating Revenues — Non-utility operations111 95 156 90 Environmental & OtherOperating Revenues — Non-utility operations14 3 23 (4)Foreign currency exchange contractsOperating Revenues — Non-utility operations— — — 2 Total$69 $122 $117 $102 Revenues and energy costs related to trading contracts are presented on a net basis in DTE Energy's Consolidated Statements of Operations.  Commodity derivatives used for trading purposes, and financial non-trading commodity derivatives, are accounted for using the MTM method with unrealized and realized gains and losses recorded in Operating Revenues — Non-utility operations.  Non-trading physical commodity sale and purchase derivative contracts are generally accounted for using the MTM method with unrealized and realized gains and losses for sales recorded in Operating Revenues — Non-utility operations and purchases recorded in Fuel, purchased power, gas, and other — non-utility.The following represents the cumulative gross volume of DTE Energy's derivative contracts outstanding as of June 30, 2025:CommodityNumber of UnitsNatural gas (MMBtu)2,247,537,487 Electricity (MWh)44,132,344 Foreign currency exchange ($ CAD)76,295,577 FTR (MWh)177,114 Renewable Energy Certificates (MWh)13,834,765 Carbon emissions (Metric Tons)1,280