XML 50 R32.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Organization and Basis of Presentation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Variable Interest Entities | The table below summarizes the major Consolidated Statements of Financial Position items for consolidated VIEs as of March 31, 2024 and December 31, 2023. All assets and liabilities of a consolidated VIE are presented where it has been determined that a consolidated VIE has either (1) assets that can be used only to settle obligations of the VIE or (2) liabilities for which creditors do not have recourse to the general credit of the primary beneficiary. Assets and liabilities of the DTE Securitization entities have been aggregated due to their similar nature and are separately stated in the table below, comprising the entirety of the DTE Electric amounts. For all other VIEs, assets and liabilities are also aggregated due to their similar nature and presented together with the DTE Securitization entities in the DTE Energy amounts below. VIEs, in which DTE Energy holds a majority voting interest and is the primary beneficiary, that meet the definition of a business and whose assets can be used for purposes other than the settlement of the VIE's obligations have been excluded from the table. Amounts for the Registrants' consolidated VIEs are as follows:
| March 31, 2024 |  | December 31, 2023
| DTE Energy |  | DTE Electric |  | DTE Energy |  | DTE Electric
| (In millions)
ASSETS |  |  |  |  |  |  |
Cash and cash equivalents | $ | 8 |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |
Restricted cash | 57 |  |  | 45 |  |  | 25 |  |  | 17 |
Accounts receivable | 19 |  |  | 7 |  |  | 85 |  |  | 6 |
Securitized regulatory assets | 741 |  |  | 741 |  |  | 758 |  |  | 758 |
Notes receivable(a) | 544 |  |  | — |  |  | 183 |  |  | — |
Other current and long-term assets | 1 |  |  | — |  |  | 4 |  |  | 1 |
| $ | 1,370 |  |  | $ | 793 |  |  | $ | 1,062 |  |  | $ | 782 |
LIABILITIES |  |  |  |  |  |  |
Accounts payable | $ | 20 |  |  | $ | — |  |  | $ | 59 |  |  | $ | — |
Accrued interest | 17 |  |  | 17 |  |  | 6 |  |  | 6 |
Securitization bonds(b) | 769 |  |  | 769 |  |  | 769 |  |  | 769 |
Other current and long-term liabilities | 26 |  |  | 11 |  |  | 20 |  |  | 8 |
| $ | 832 |  |  | $ | 797 |  |  | $ | 854 |  |  | $ | 783 |
_______________________________________ (a)During the first quarter 2024, a consolidated VIE of DTE Vantage recorded a significant increase in Notes Receivable, primarily due to a one-time payment of $306 million for investments related to a large industrial project. At March 31, 2024, Notes Receivable includes $10 million reported in Current Assets — Other on DTE Energy's Consolidated Statements of Financial Position. (b)Includes $79 million and $64 million reported in Current portion of long-term debt on the Registrants' Consolidated Statements of Financial Position for the periods ended March 31, 2024 and December 31, 2023, respectively.
Summary of Amounts for Non-Consolidated Variable Interest Entities | Amounts for DTE Energy's non-consolidated VIEs are as follows:
| March 31, 2024 |  | December 31, 2023
| (In millions)
Investments in equity method investees | $ | 100 |  |  | $ | 112 |
Notes receivable | $ | 18 |  |  | $ | 15 |

X
- Definition Summary Of Amounts For Nonconsolidated Variable Interest Entities Text Block [Table Text Block] + References No definition available. + Details
Name: | dte_SummaryOfAmountsForNonconsolidatedVariableInterestEntitiesTextBlockTableTextBlock
Namespace Prefix: | dte_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-5A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-9 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-4 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-6 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration