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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating Revenues        
Utility operations $ 1,417 $ 1,514 $ 3,281 $ 3,254
Non-utility operations 1,471 1,645 3,121 3,658
Operating Revenues 2,888 3,159 6,402 6,912
Operating Expenses        
Fuel, purchased power, and gas — utility 360 434 942 987
Fuel, purchased power, and gas — non-utility 1,258 1,443 2,643 3,216
Operation and maintenance 560 583 1,151 1,117
Depreciation and amortization 305 272 601 553
Taxes other than income 92 97 210 208
Asset (gains) losses and impairments, net 13 1 13 (2)
Operating Expenses 2,588 2,830 5,560 6,079
Operating Income 300 329 842 833
Other (Income) and Deductions        
Interest expense 154 135 306 270
Interest income (3) (3) (7) (6)
Non-operating retirement benefits, net 10 9 19 18
Other income (73) (82) (161) (163)
Other expenses 12 15 23 40
Other (Income) and Deductions 100 74 180 159
Income Before Income Taxes 200 255 662 674
Income Tax Expense 21 19 75 87
Net Income 179 236 587 587
Less: Net Income (Loss) Attributable to Noncontrolling Interests (3) 2 4 (8)
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 182 $ 234 $ 583 $ 595
Basic Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.99 $ 1.29 $ 3.19 $ 3.29
Diluted Earnings per Common Share        
Net Income Attributable to DTE Energy Company (in dollars per share) $ 0.99 $ 1.29 $ 3.18 $ 3.29
Weighted Average Common Shares Outstanding        
Basic (in shares) 183 181 183 180
Diluted (in shares) 184 181 183 180
DTE Electric        
Operating Revenues        
Utility operations $ 1,190 $ 1,276 $ 2,425 $ 2,481
Operating Expenses        
Fuel, purchased power, and gas — utility 322 386 668 725
Operation and maintenance 334 345 692 665
Depreciation and amortization 229 202 450 414
Taxes other than income 69 74 153 155
Asset (gains) losses and impairments, net 13 0 13 0
Operating Expenses 967 1,007 1,976 1,959
Operating Income 223 269 449 522
Other (Income) and Deductions        
Interest expense 78 69 154 137
Interest income 0 0 (1) 0
Other income (25) (22) (58) (49)
Other expenses 12 15 20 40
Other (Income) and Deductions 65 62 115 128
Income Before Income Taxes 158 207 334 394
Income Tax Expense 25 44 54 91
Net Income Attributable to DTE Energy Company/DTE Electric Company $ 133 $ 163 $ 280 $ 303