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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net Income $ 396 $ 382 $ 318
Adjustments to reconcile Net Income to Net cash and cash equivalents from operating activities:      
Depreciation and amortization 182 170 166
Stock-based compensation 20 17 12
Amortization of operating lease right-of-use assets 18 19 18
Deferred income taxes 110 70 104
Earnings from equity method investees (177) (150) (126)
Dividends from equity method investees 196 181 129
Asset (gains) losses and impairments, net 0 (17) 17
Loss from financing activities 0 13 0
Changes in assets and liabilities:      
Accounts receivable, net 7 8 (43)
Accounts payable — third party (5) 7 4
Accounts payable — related party 0 0 (10)
Contract liabilities 97 3 6
Other current and noncurrent assets and liabilities (46) 22 (23)
Other investing activities 1 2 2
Net cash and cash equivalents from operating activities 798 725 572
Investing Activities      
Plant and equipment expenditures (772) (338) (140)
Proceeds from sale of notes receivable 0 22 0
Distributions from equity method investees 427 17 9
Contributions to equity method investees (7) (5) (11)
Acquisition of additional interest in equity method investee 0 (552) 0
Notes receivable repaid by DTE Energy 0 0 263
Net cash and cash equivalents from (used for) investing activities (351) (854) 123
Financing Activities      
Issuance of long-term debt, net of discount and issuance costs 0 591 3,047
Repayment of long-term debt 0 (596) (5)
Repayment of borrowings from DTE Energy 0 0 (3,175)
Borrowings under the Revolving Credit Facility 540 370 25
Repayment of borrowings under the Revolving Credit Facility (705) (40) (25)
Payment of Revolving Credit Facility issuance costs 0 (3) (7)
Repurchase of common stock 0 (3) 0
Distributions to noncontrolling interests (18) (14) (16)
Dividends paid on common stock (263) (244) (58)
Dividend to DTE Energy 0 0 (501)
Contributions from DTE Energy 0 0 110
Other financing activities (6) (3) 0
Net cash and cash equivalents from (used for) financing activities (452) 58 (605)
Net Increase (Decrease) in Cash and Cash Equivalents (5) (71) 90
Cash and Cash Equivalents at Beginning of Period 61 132 42
Cash and Cash Equivalents at End of Period 56 61 132
Supplemental disclosure of cash information      
Interest, net of interest capitalized 140 125 103
Income taxes 22 24 3
Supplemental disclosure of non-cash investing and financing activities      
Plant and equipment expenditures in accounts payable and other accruals $ 80 $ 99 $ 10