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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 579 $ 93
Restricted cash 42 0
Accounts receivable (less allowance for doubtful accounts)    
Customer 1,375 1,642
Other 371 245
Inventories    
Fuel and gas 349 373
Materials and supplies 436 386
Derivative assets 105 133
Regulatory assets 59 5
Other 181 209
Total Current Assets 3,497 3,086
Investments    
Nuclear decommissioning trust funds 1,603 1,661
Investments in equity method investees 1,855 1,862
Other 256 265
Total Investments 3,714 3,788
Property    
Property, plant, and equipment 36,684 35,072
Accumulated depreciation and amortization (9,960) (9,755)
Property, plant, and equipment, net 26,724 25,317
Other Assets    
Goodwill 2,465 2,464
Regulatory assets 4,239 4,171
Intangible assets 2,380 2,393
Notes receivable 228 202
Derivative assets 43 41
Prepaid postretirement costs 113 69
Operating lease right-of-use assets 161 169
Other 175 182
Total Other Assets 9,804 9,691
Total Assets 43,739 41,882
Accounts payable    
Accounts payable 1,025 1,076
Accrued interest 159 147
Dividends payable 390 195
Short-term borrowings 914 828
Current portion long-term debt, including finance leases 670 687
Derivative liabilities 52 83
Gas inventory equalization 29 0
Regulatory liabilities 25 65
Short-term borrowings    
Operating lease liabilities 32 33
Acquisition related deferred payment 384 379
Other 516 504
Total Current Liabilities 4,196 3,997
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 16,186 14,778
Junior subordinated debentures 1,146 1,146
Finance lease liabilities 9 11
Total Long-Term Debt (net of current portion) 17,341 15,935
Other Liabilities    
Deferred income taxes 2,650 2,315
Regulatory liabilities 3,203 3,264
Asset retirement obligations 2,754 2,672
Unamortized investment tax credit 163 166
Derivative liabilities 33 86
Accrued pension liability 779 808
Nuclear decommissioning 241 249
Operating lease liabilities 121 127
Other 366 427
Total Other Liabilities 10,310 10,114
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 5,247 5,233
Retained earnings 6,618 6,587
Accumulated other comprehensive loss (141) (148)
Total DTE Energy/DTE Electric Company Equity 11,724 11,672
Noncontrolling interests 168 164
Total Equity 11,892 11,836
Total Liabilities and Equity 43,739 41,882
DTE Electric    
Current Assets    
Cash and cash equivalents 336 12
Accounts receivable (less allowance for doubtful accounts)    
Customer 763 729
Affiliates 23 25
Other 71 41
Inventories    
Fuel and gas 206 187
Materials and supplies 293 280
Regulatory assets 57 5
Other 70 78
Total Current Assets 1,819 1,357
Investments    
Nuclear decommissioning trust funds 1,603 1,661
Other 37 38
Total Investments 1,640 1,699
Property    
Property, plant, and equipment 25,213 24,279
Accumulated depreciation and amortization (6,823) (6,706)
Property, plant, and equipment, net 18,390 17,573
Other Assets    
Regulatory assets 3,545 3,448
Intangible assets 15 15
Prepaid postretirement costs — affiliates 266 266
Operating lease right-of-use assets 81 87
Other 134 143
Total Other Assets 4,041 3,959
Total Assets 25,890 24,588
Accounts payable    
Affiliates 52 59
Other 438 406
Accrued interest 93 84
Current portion long-term debt, including finance leases 619 636
Regulatory liabilities 13 40
Short-term borrowings    
Affiliates 107 97
Other 200 354
Operating lease liabilities 12 12
Other 168 155
Total Current Liabilities 1,702 1,843
Long-Term Debt (net of current portion)    
Mortgage bonds, notes, and other 7,951 6,548
Finance lease liabilities 2 4
Total Long-Term Debt (net of current portion) 7,953 6,552
Other Liabilities    
Deferred income taxes 2,422 2,355
Regulatory liabilities 2,498 2,546
Asset retirement obligations 2,522 2,447
Unamortized investment tax credit 163 166
Nuclear decommissioning 241 249
Accrued pension liability — affiliates 704 717
Accrued postretirement liability — affiliates 338 367
Operating lease liabilities 62 67
Other 82 84
Total Other Liabilities 9,032 8,998
Commitments and Contingencies (Notes 6 and 13)
Equity    
Common stock 4,811 4,811
Retained earnings 2,392 2,384
Total DTE Energy/DTE Electric Company Equity 7,203 7,195
Total Liabilities and Equity $ 25,890 $ 24,588