Company: DTK
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000936340-25-000097
Chunk: 53

Company: DTE ENERGY CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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, are first applied to the contractually owed past due interest, with any remainder applied to principal.  Accrual of interest is generally resumed when the note receivable becomes contractually current.The following tables present a roll-forward of the activity for the Registrants' financing receivables credit loss reserves:DTE EnergyDTE ElectricTrade accounts receivableOther receivablesTotalTrade and other accounts receivable(In millions)Beginning reserve balance, January 1, 2025$69 $3 $72 $46 Current period provision25 — 25 10 Write-offs charged against allowance(29)— (29)(19)Recoveries of amounts previously written off9 — 9 6 Ending reserve balance, March 31, 2025$74 $3 $77 $43 DTE EnergyDTE ElectricTrade accounts receivableOther receivablesTotalTrade and other accounts receivable(In millions)Beginning reserve balance, January 1, 2024$62 $1 $63 $41 Current period provision74 2 76 49 Write-offs charged against allowance(108)— (108)(70)Recoveries of amounts previously written off41 — 41 26 Ending reserve balance, December 31, 2024$69 $3 $72 $46 Uncollectible expense for the Registrants is primarily comprised of the current period provision for allowance for doubtful accounts and is summarized as follows:Three Months Ended March 31,20252024(In millions)DTE Energy$26 $21 DTE Electric$10 $10 There are no material amounts of past due financing receivables for the Registrants as of March 31, 2025.

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

NOTE 3 — NEW ACCOUNTING PRONOUNCEMENTS

Recently Issued PronouncementsIn December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures.  The amendments in this update require enhanced income 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