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Earnings Per Share and Dividends (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of basic and diluted earnings per share:

															Year Ended December 31,
																																	2023						2022						2021
									(millions, except per share amounts)
Basic and Diluted Earnings per Common Share
Net Income Attributable to DT Midstream																																	$	384					$	370					$	307
Average number of common shares outstanding — basic																																	96.9						96.7						96.7
Incremental shares attributable to:
Average dilutive restricted stock units and performance share awards																																	0.6						0.5						0.2
Average number of common shares outstanding — diluted																																	97.5						97.2						96.9
Basic Earnings per Common Share																																	$	3.97					$	3.83					$	3.17
Diluted Earnings per Common Share																																	$	3.94					$	3.81					$	3.16

Schedule of Cash Dividends Declared

We declared the following cash dividends:

Dividends Declared						Dividend Amount												Dividend Payment Date
(quarter ended)						(per-share)						(millions)
2021
September 30						$	0.60					$	58					October 2021
December 31						$	0.60					$	58					January 2022
2022
March 31						$	0.64					$	62					April 2022
June 30						$	0.64					$	62					July 2022
September 30						$	0.64					$	62					October 2022
December 31						$	0.64					$	62					January 2023
2023
March 31						$	0.69					$	67					April 2023
June 30						$	0.69					$	67					July 2023
September 30						$	0.69					$	67					October 2023
December 31						$	0.69					$	67					January 2024

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- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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