XML 52 R35.htm IDEA: XBRL DOCUMENT
v3.23.2

Revenue (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following is a summary of revenues disaggregated by segment for DTE Energy:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In millions)
Electric(a) |  |  |  |  |  |  |
Residential | $ | 658 |  |  | $ | 691 |  |  | $ | 1,312 |  |  | $ | 1,391 |
Commercial | 524 |  |  | 487 |  |  | 1,019 |  |  | 964 |
Industrial | 186 |  |  | 170 |  |  | 355 |  |  | 331 |
Other(b) | (39) |  |  | 222 |  |  | 22 |  |  | 374 |
Total Electric operating revenues | $ | 1,329 |  |  | $ | 1,570 |  |  | $ | 2,708 |  |  | $ | 3,060 |
Gas |  |  |  |  |  |  |
Gas sales | $ | 216 |  |  | $ | 231 |  |  | $ | 817 |  |  | $ | 827 |
End User Transportation | 54 |  |  | 55 |  |  | 140 |  |  | 153 |
Intermediate Transportation | 16 |  |  | 16 |  |  | 47 |  |  | 45 |
Other(b) | 25 |  |  | 60 |  |  | 14 |  |  | 103 |
Total Gas operating revenues | $ | 311 |  |  | $ | 362 |  |  | $ | 1,018 |  |  | $ | 1,128 |
Other segment operating revenues |  |  |  |  |  |  |
DTE Vantage | $ | 189 |  |  | $ | 220 |  |  | $ | 373 |  |  | $ | 399 |
Energy Trading | $ | 904 |  |  | $ | 2,832 |  |  | $ | 2,472 |  |  | $ | 5,035 |
_______________________________________ (a)Revenues generally represent those of DTE Electric, except $3 million and $4 million of Other revenues related to DTE Sustainable Generation for the three months ended June 30, 2023 and 2022, respectively, and $7 million and $8 million for the six months ended June 30, 2023 and 2022, respectively. (b)Includes revenue adjustments related to various regulatory mechanisms, including the PSCR at the Electric segment and GCR at the Gas segment. Revenues related to these mechanisms may vary based on changes in the cost of fuel, purchased power, and gas. Revenues included the following which were outside the scope of Topic 606:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In millions)
Electric — Other revenues | $ | 5 |  |  | $ | 4 |  |  | $ | 10 |  |  | $ | 8 |
Gas — Alternative Revenue Programs | $ | 1 |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |
Gas — Other revenues | $ | 2 |  |  | $ | 2 |  |  | $ | 5 |  |  | $ | 4 |
DTE Vantage — Leases | $ | 10 |  |  | $ | 19 |  |  | $ | 25 |  |  | $ | 39 |
Energy Trading — Derivatives | $ | 696 |  |  | $ | 2,426 |  |  | $ | 1,857 |  |  | $ | 4,160 |
Summary of Deferred Revenue Activity | The following is a summary of deferred revenue activity:
| DTE Energy
| (In millions)
Beginning Balance, January 1, 2023 | $ | 94 |
Increases due to cash received or receivable, excluding amounts recognized as revenue during the period | 61 |
Revenue recognized that was included in the deferred revenue balance at the beginning of the period | (40) |
Ending Balance, June 30, 2023 | $ | 115 |
Deferred Revenue Amounts Expected to be Recognized as Revenue in Future Periods | The following table represents deferred revenue amounts for DTE Energy that are expected to be recognized as revenue in future periods:
| DTE Energy
| (In millions)
2023 | $ | 90 |
2024 | 24 |
2025 | 1 |
2026 | — |
2027 | — |
2028 and thereafter | — |
| $ | 115 |
The Registrants expect to recognize revenue for the following amounts related to fixed consideration associated with remaining performance obligations in each of the future periods noted:
| DTE Energy |  | DTE Electric
| (In millions)
2023 | $ | 74 |  |  | $ | 4 |
2024 | 231 |  |  | 8 |
2025 | 156 |  |  | — |
2026 | 94 |  |  | — |
2027 | 64 |  |  | — |
2028 and thereafter | 308 |  |  | — |
| $ | 927 |  |  | $ | 12 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration