Exhibit 99.2

Exhibit 99.2

DTE Energy Company
Consolidated Statements of Financial Position (Unaudited)


	September 30			December 31
(in Millions)	2010			2009
ASSETS
Current Assets
Cash and cash equivalents	$	84		$	52
Restricted cash		56			84
Accounts receivable (less allowance for doubtful accounts of $222 and $262, respectively)
Customer		1,140			1,438
Other		97			217
Inventories
Fuel and gas		517			309
Materials and supplies		215			200
Deferred income taxes		150			167
Derivative assets		177			209
Other		305			201

		2,741			2,877


Investments
Nuclear decommissioning trust funds		890			817
Other		467			598

		1,357			1,415


Property
Property, plant and equipment		21,370			20,588
Less accumulated depreciation, depletion and amortization		(8,548	)		(8,157	)

		12,822			12,431


Other Assets
Goodwill		2,024			2,024
Regulatory assets		4,056			4,110
Securitized regulatory assets		767			870
Intangible assets		63			54
Notes receivable		125			113
Derivative assets		108			116
Other		203			185

		7,346			7,472


Total Assets	$	24,266		$	24,195

DTE Energy Company
Consolidated Statements of Financial Position (Unaudited)


	September 30			December 31
(in Millions, Except Shares)	2010			2009
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable	$	641		$	723
Accrued interest		135			114
Dividends payable		95			88
Short-term borrowings		20			327
Current portion long-term debt, including capital leases		923			671
Derivative liabilities		167			220
Other		532			502

		2,513			2,645


Long-Term Debt (net of current portion)
Mortgage bonds, notes and other		6,099			6,237
Securitization bonds		643			793
Trust preferred-linked securities		289			289
Capital lease obligations		43			51

		7,074			7,370


Other Liabilities
Deferred income taxes		2,307			2,096
Regulatory liabilities		1,378			1,337
Asset retirement obligations		1,499			1,420
Unamortized investment tax credit		78			85
Derivative liabilities		154			198
Liabilities from transportation and storage contracts		86			96
Accrued pension liability		700			881
Accrued postretirement liability		1,318			1,287
Nuclear decommissioning		147			136
Other		323			328

		7,990			7,864


Commitments and Contingencies

Equity
Common stock, without par value, 400,000,000 shares authorized, 169,117,259 and 165,400,045 shares issued and outstanding, respectively		3,422			3,257
Retained earnings		3,374			3,168
Accumulated other comprehensive loss		(150	)		(147	)

Total DTE Energy Company Equity		6,646			6,278
Noncontrolling interests		43			38

Total Equity		6,689			6,316

Total Liabilities and Equity	$	24,266		$	24,195

DTE Energy Company
Consolidated Statements of Cash Flows (Unaudited)


	Nine Months Ended
	September 30
(in Millions)	2010			2009
Operating Activities
Net income	$	483		$	414
Adjustments to reconcile net income to net cash from operating activities:
Depreciation, depletion and amortization		775			738
Deferred income taxes		173			141
Other asset (gains), losses and reserves, net		5			4
Changes in assets and liabilities, exclusive of changes shown separately		73			377

Net cash from operating activities		1,509			1,674


Investing Activities
Plant and equipment expenditures — utility		(743	)		(772	)
Plant and equipment expenditures — non-utility		(75	)		(47	)
Proceeds from sale of other assets, net		28			35
Restricted cash for debt redemption		33			58
Proceeds from sale of nuclear decommissioning trust fund assets		179			237
Investment in nuclear decommissioning trust funds		(204	)		(251	)
Consolidation of VIEs		19			—
Investment in Millennium Pipeline Project		(49	)		(15	)
Other		(22	)		(40	)

Net cash used for investing activities		(834	)		(795	)


Financing Activities
Issuance of long-term debt		595			363
Redemption of long-term debt		(660	)		(420	)
Short-term borrowings, net		(307	)		(539	)
Issuance of common stock		26			27
Dividends on common stock		(265	)		(260	)
Other		(32	)		(53	)

Net cash used for financing activities		(643	)		(882	)


Net Increase (Decrease) in Cash and Cash Equivalents		32			(3	)
Cash and Cash Equivalents at Beginning of Period		52			86

Cash and Cash Equivalents at End of Period	$	84		$	83

The Detroit Edison Company
Consolidated Statements of Operations (Unaudited)


	Three Months Ended						Nine Months Ended
	September 30						September 30
(in Millions)	2010			2009			2010			2009
Operating Revenues	$	1,444		$	1,289		$	3,798		$	3,515


Operating Expenses
Fuel and purchased power		484			400			1,217			1,112
Operation and maintenance		325			306			960			928
Depreciation and amortization		230			222			644			607
Taxes other than income		54			43			180			147
Asset gains, net		—			—			(1	)		—

		1,093			971			3,000			2,794


Operating Income		351			318			798			721


Other (Income) and Deductions
Interest expense		83			82			241			245
Interest income		(1	)		—			(1	)		(1	)
Other income		(10	)		(12	)		(27	)		(29	)
Other expenses		6			5			23			5

		78			75			236			220


Income Before Income Taxes		273			243			562			501

Income Tax Provision		108			94			219			195


Net Income	$	165		$	149		$	343		$	306

MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)


	Three Months Ended						Nine Months Ended
	September 30						September 30
(in Millions)	2010			2009			2010			2009
Operating Revenues	$	167		$	189		$	1,142		$	1,237


Operating Expenses
Cost of gas		36			67			575			706
Operation and maintenance		96			94			271			326
Depreciation and amortization		20			27			68			80
Taxes other than income		11			12			42			38
Asset gains		—			—			—			(1	)

		163			200			956			1,149


Operating Income (Loss)		4			(11	)		186			88


Other (Income) and Deductions
Interest expense		17			19			50			51
Interest income		(2	)		(2	)		(6	)		(6	)
Other income		(2	)		(1	)		(5	)		(6	)
Other expenses		—			—			3			4

		13			16			42			43


Income (Loss) Before Income Taxes		(9	)		(27	)		144			45

Income Tax Provision (Benefit)		(4	)		(8	)		51			13


Net Income (Loss)	$	(5	)	$	(19	)	$	93		$	32

DTE Energy Debt/Equity Calculation
As of September 30, 2010
($ millions)


Short-term borrowings	$	20
Current portion of long-term debt, including capital leases		923
Mortgage bonds, notes and other		6,099
Securitization bonds, excluding current portion		643
Capital lease obligations		43
MichCon short-term debt adjustment		120
less Securitization bonds, including current portion		(793	)
50% Trust preferred-linked securities		144

Total debt		7,199

50% Trust preferred-linked securities		144

Total preferred/ other		144

Equity		6,646


Total capitalization	$	13,989


Debt		51.5	%
Preferred		1.0	%
Common shareholders’ equity		47.5	%


Total		100.0	%

Sales Analysis — Q3 2010

Electric Sales — Detroit Edison Service Area (GWh)


	Q3 2010		Q3 2009		% Change
Residential		5,034		4,107		23	%
Commercial		4,730		4,805		-2	%
Industrial		2,357		2,562		-8	%
Other		798		800		0	%

		12,919		12,274		5	%
Choice		1,289		337		282	%

TOTAL SALES		14,208		12,611		13	%

Electric Revenue — Detroit Edison Service Area ($000s)


	Q3 2010		Q3 2009		% Change
Residential		653,756		517,052		26	%
Commercial		459,441		449,537		2	%
Industrial		164,850		190,103		-13	%
Other		49,605		44,629		11	%

		1,327,652		1,201,321		11	%
Choice		28,167		8,040		250	%

TOTAL REVENUES		1,355,819		1,209,361		12	%

Gas Sales — MichCon Service Area (MMcf)


	Q3 2010		Q3 2009		% Change
Residential		6,058		7,128		-15	%
Commercial		1,491		1,825		-18	%
Industrial		120		130		-8	%

		7,669		9,083		-16	%

End User Transportation*		27,691		23,525		18	%

TOTAL SALES		35,360		32,608		8	%


*		Includes choice customers

Gas Revenue — MichCon Service Area ($000s)


	Q3 2010		Q3 2009		% Change
Residential		84,929		93,945		-10	%
Commercial		18,719		22,135		-15	%
Industrial		1,092		1,257		-13	%

		104,740		117,338		-11	%

End User Transportation*		29,494		24,024		23	%

TOTAL REVENUES		134,235		141,362		-5	%


*		Includes choice customers

Weather

Cooling Degree Days
Detroit Edison service territory


	Q3 2010			Q3 2009			% Change
Actuals		758			421			80	%
Normal		537			537


Deviation from normal		41	%		-22	%

Heating Degree Days
MichCon service territory


	Q3 2010			Q3 2009			% Change
Actuals		136			134			1	%
Normal*		142			175


Deviation from normal		-4	%		-23	%


*		Normal is 15 year weather for 2010 and 30 year weather for 2009

Earnings Impact of Weather
Variance from normal weather ($millions, after-tax)


	Q3 2010		Q3 2009
MichCon		—		(1	) Normal weather Q3 2010

Sales Analysis — YTD September 30, 2010