Company: DTK
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000936340-25-000223
Chunk: 53

Company: DTE ENERGY CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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See Combined Notes to Consolidated Financial Statements (Unaudited)

14

Table of ContentsDTE Electric CompanyConsolidated Statements of Cash Flows (Unaudited)

Nine Months Ended September 30,20252024(In millions)Operating ActivitiesNet Income$944 $886 Adjustments to reconcile Net Income to Net cash from operating activities:Depreciation and amortization1,137 1,063 Nuclear fuel amortization50 38 Allowance for equity funds used during construction(71)(60)Deferred income taxes65 32 Asset (gains) losses and impairments, net47 — Changes in assets and liabilities:Accounts receivable, net(79)(127)Inventories(48)(112)Accounts payable32 9 Prepaid postretirement benefit costs — affiliates(35)(28)Accrued pension liability — affiliates(11)(38)Accrued postretirement liability — affiliates(1)(1)Regulatory assets and liabilities86 432 Other current and noncurrent assets and liabilities(254)(228)Net cash from operating activities1,862 1,866 Investing ActivitiesPlant and equipment expenditures(2,562)(2,609)Proceeds from sale of nuclear decommissioning trust fund assets592 438 Investment in nuclear decommissioning trust funds(596)(440)Notes receivable and other(175)(41)Net cash used for investing activities(2,741)(2,652)Financing ActivitiesIssuance of long-term debt, net of discount and issuance costs1,291 993 Redemption of long-term debt(400)(143)Short-term borrowings, net — affiliates1,076 142 Short-term borrowings, net — other(450)413 Dividends paid on common stock(635)(582)Other(15)(15)Net cash from financing activities867 808 Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash(12)22 Cash, Cash Equivalents, and Restricted Cash at Beginning of Period59 32 Cash, Cash Equivalents, and Restricted Cash at End of Period$47 $54 Supplemental disclosure of non-cash investing and financing activitiesPlant and equipment expenditures in accounts payable$352 $394 

See Combined Notes to Consolidated Financial Statements (Unaudited)

15

Table of ContentsDTE Electric CompanyConsolidated Statements of Changes in Shareholder