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Revenue (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In millions)
Electric(a) |  |  |  |  |  |  |
Residential | $ | 861 |  |  | $ | 882 |  |  | $ | 2,173 |  |  | $ | 2,273 |
Commercial | 585 |  |  | 541 |  |  | 1,604 |  |  | 1,505 |
Industrial | 190 |  |  | 167 |  |  | 545 |  |  | 498 |
Other(b) | (10) |  |  | 257 |  |  | 12 |  |  | 631 |
Total Electric operating revenues | $ | 1,626 |  |  | $ | 1,847 |  |  | $ | 4,334 |  |  | $ | 4,907 |
Gas |  |  |  |  |  |  |
Gas sales | $ | 119 |  |  | $ | 128 |  |  | $ | 936 |  |  | $ | 955 |
End User Transportation | 44 |  |  | 42 |  |  | 184 |  |  | 195 |
Intermediate Transportation | 16 |  |  | 15 |  |  | 63 |  |  | 60 |
Other(b) | 48 |  |  | 45 |  |  | 62 |  |  | 148 |
Total Gas operating revenues | $ | 227 |  |  | $ | 230 |  |  | $ | 1,245 |  |  | $ | 1,358 |
Other segment operating revenues |  |  |  |  |  |  |
DTE Vantage | $ | 199 |  |  | $ | 227 |  |  | $ | 572 |  |  | $ | 626 |
Energy Trading | $ | 893 |  |  | $ | 3,024 |  |  | $ | 3,365 |  |  | $ | 8,059 |
_______________________________________ (a)Revenues generally represent those of DTE Electric, except $3 million of Other revenues related to DTE Sustainable Generation for both the three months ended September 30, 2023 and 2022, and $10 million and $11 million for the nine months ended September 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 September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (In millions)
Electric — Other revenues | $ | 8 |  |  | $ | 7 |  |  | $ | 18 |  |  | $ | 15 |
Gas — Alternative Revenue Programs | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |
Gas — Other revenues | $ | 2 |  |  | $ | 2 |  |  | $ | 7 |  |  | $ | 6 |
DTE Vantage — Leases | $ | 19 |  |  | $ | 24 |  |  | $ | 44 |  |  | $ | 63 |
Energy Trading — Derivatives | $ | 670 |  |  | $ | 2,531 |  |  | $ | 2,527 |  |  | $ | 6,691 |
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 | 113 |
Revenue recognized that was included in the deferred revenue balance at the beginning of the period | (42) |
Ending Balance, September 30, 2023 | $ | 165 |
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 | $ | 95 |
2024 | 68 |
2025 | 1 |
2026 | 1 |
2027 | — |
2028 and thereafter | — |
| $ | 165 |
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 | $ | 33 |  |  | $ | 2 |
2024 | 247 |  |  | 8 |
2025 | 184 |  |  | — |
2026 | 99 |  |  | — |
2027 | 67 |  |  | — |
2028 and thereafter | 375 |  |  | — |
| $ | 1,005 |  |  | $ | 10 |

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