DTE Energy Co DTE Income Statement

Dte energy co (DTE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Operating Revenues
Regulated Operating Revenue
6,507	6,638	6,684	6,697	6,794	6,670	6,643	6,547	6,456	6,434	6,364	6,539	6,551	6,497	6,359	6,139	6,061	6,238	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unregulated Operating Revenue
5,670	6,031	6,587	7,005	7,179	7,542	7,090	6,881	6,668	6,173	5,846	5,354	4,749	4,133	3,884	3,774	3,858	4,099	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulated and Unregulated Operating Revenue
12,177	12,669	13,271	13,702	13,973	14,212	13,733	13,428	13,124	12,607	12,210	11,893	11,300	10,630	10,243	9,913	9,919	10,337	10,928	10,925	11,355	12,301	11,756	11,548	11,075	9,661	9,477	9,280	9,068	8,791	8,576	8,651	8,666	8,858	8,865	8,739	8,503	8,525	8,505	8,316	8,212	8,014	8,231	8,532	0	0	0
Operating Expenses
Fuel, purchased power, and gas — utility
1,683	1,798	1,883	1,936	2,010	1,981	1,959	1,943	1,905	1,881	1,848	1,914	1,932	1,968	1,978	1,933	1,953	2,081	-558	103	945	2,407	3,900	3,748	3,412	2,281	3,880	3,674	3,431	3,296	3,176	3,281	3,355	3,537	3,532	3,429	3,266	3,190	3,212	3,184	3,153	3,118	3,306	3,603	0	0	0
Fuel, purchased power, and gas — non-utility
4,636	5,053	5,632	6,057	6,242	6,630	6,284	6,071	5,876	5,283	4,932	4,497	3,966	3,562	3,364	3,200	3,252	3,481	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and maintenance
2,407	2,419	2,469	2,485	2,508	2,451	2,315	2,261	2,220	2,270	2,317	2,329	2,329	2,261	2,234	2,214	2,204	2,214	1,292	1,610	1,889	2,204	2,552	2,420	2,314	2,208	2,949	2,908	2,906	2,892	2,775	2,758	2,702	2,612	2,617	2,596	2,546	2,567	2,530	2,435	2,433	2,372	2,368	0	0	0	-
Depreciation and amortization
1,320	1,263	1,221	1,172	1,139	1,124	1,100	1,085	1,062	1,030	1,030	1,002	996	976	929	895	872	852	915	1,012	1,074	1,145	1,138	1,129	1,115	1,094	1,076	1,051	1,027	995	955	955	959	977	989	1,001	1,006	1,012	1,057	1,052	1,039	1,020	973	923	0	0	0
Taxes other than income
415	414	409	407	412	405	401	393	393	391	385	386	380	370	364	363	363	364	366	361	357	352	346	344	341	340	342	336	331	332	323	324	322	310	314	304	307	306	302	296	277	275	275	290	0	0	0
Asset (gains) losses and impairments, net
-5	-15	-33	-42	-30	-27	-40	-36	-38	-41	-9	-2	0	-	0	0	-	-106	-7	-4	21	12	25	18	16	9	1	5	-4	-3	-9	-16	-15	1	-20	-11	-10	-20	-17	-18	-16	-20	-8	746	0	0	0
Gain on sale of non-utility business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Operating Expenses
10,466	10,962	11,647	12,099	12,341	12,618	12,099	11,789	11,494	10,896	10,529	10,139	9,610	9,144	8,965	8,702	8,760	9,098	9,281	9,479	9,864	10,711	10,467	10,169	9,722	8,458	8,248	7,974	7,691	7,512	7,220	7,302	7,323	7,437	7,432	7,319	7,115	7,055	7,084	6,949	6,886	6,765	6,914	7,390	0	0	0
Other asset (gains) and losses, reserves and impairments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Operating Income
1,711	1,707	1,624	1,603	1,632	1,594	1,634	1,639	1,630	1,711	1,681	1,754	1,690	1,486	1,278	1,211	1,159	1,239	1,647	1,446	1,491	1,590	1,289	1,379	1,353	1,203	1,229	1,306	1,377	1,279	1,356	1,349	1,343	1,421	1,433	1,420	1,388	1,470	1,421	1,367	1,326	1,249	1,317	1,142	0	0	0
Other (Income) and Deductions
Interest expense
664	641	615	595	576	559	544	548	546	536	535	503	484	472	450	452	453	450	447	438	429	429	432	431	437	436	436	439	436	440	449	460	475	488	495	517	529	543	554	555	553	545	534	513	0	0	0
Interest income
23	17	14	13	13	12	12	13	12	12	12	11	12	20	20	21	20	13	13	11	12	10	9	9	9	9	10	10	10	10	9	10	9	10	11	11	12	12	11	19	19	19	22	15	0	0	0
Non-operating retirement benefits, net
39	39	38	38	37	37	43	50	58	65	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
327	350	330	331	340	333	326	301	285	268	251	228	219	207	214	218	210	209	215	215	206	196	189	192	198	201	196	185	180	173	183	156	133	117	75	75	80	78	90	98	97	102	108	98	0	0	0
Other expenses
105	70	116	110	113	127	128	130	121	103	94	93	94	95	52	57	59	61	99	93	94	92	61	57	56	55	58	60	62	62	65	72	69	69	54	47	54	55	58	57	37	43	39	40	0	0	0
Other (Income) and Deductions
-458	-383	-425	-399	-373	-378	-377	-414	-428	-424	-456	-431	-404	-381	-268	-270	-282	-289	-318	-305	-305	-315	-295	-287	-286	-281	-288	-304	-308	-319	-322	-366	-402	-430	-463	-478	-491	-508	-511	-495	-474	-467	-443	-440	0	0	0
Income Before Income Taxes
1,253	1,324	1,199	1,204	1,259	1,216	1,257	1,225	1,202	1,287	1,225	1,323	1,286	1,105	1,010	941	877	950	1,329	1,141	1,186	1,275	994	1,092	1,067	922	941	1,002	1,069	960	1,034	983	941	991	970	942	897	962	910	872	852	782	874	702	0	0	0
Income Tax Expense
147	152	99	86	84	98	55	95	133	175	269	305	298	271	223	215	191	230	385	304	328	364	258	313	307	254	260	292	318	286	339	332	238	268	243	234	302	315	306	283	266	247	290	239	0	0	0
Income from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss from Discontinued Operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net Income
1,106	1,172	1,100	1,118	1,175	1,118	1,202	1,130	1,069	1,112	956	1,018	988	834	787	726	686	720	944	837	858	911	736	779	760	668	625	655	695	618	692	647	700	720	719	700	587	639	604	589	586	535	592	473	0	0	0
Continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Less: Net Income Attributable to Noncontrolling Interests
-2	3	7	10	15	-2	-14	-22	-26	-22	-22	-28	-33	-34	-30	-18	-15	-7	-2	0	6	6	6	7	7	7	7	8	7	8	13	12	9	9	6	7	10	9	6	3	3	3	3	7	0	0	0
Net Income Attributable to DTE Energy Company/DTE Electric Company
1,108	1,169	1,093	1,108	1,160	1,120	1,216	1,152	1,095	1,134	978	1,046	1,021	868	817	744	701	727	946	837	852	905	730	772	753	661	618	647	688	610	679	635	691	711	713	693	577	630	598	586	583	532	589	466	0	0	0
Basic Earnings per Common Share
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.80	1.31	0.87	0.91	-	-	-	-	-	-	-	-	-	-	-	1.09	1.03	0.17
Loss from discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.00
Net Income Attributable to DTE Energy Company (in dollars per share)
1.77	1.39	1.74	0.99	2.20	1.04	1.84	1.29	2.01	1.59	1.51	0.99	2.23	0.74	1.88	0.84	1.38	0.44	1.47	0.61	1.53	1.69	0.88	0.70	1.84	0.68	1.13	0.60	1.35	0.47	1.32	0.86	0.91	0.88	1.08	1.19	1.04	0.89	0.97	0.51	1.38	-	0.92	0.51	-	1.08	0.17
Diluted Earnings per Common Share
Income from continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.80	1.30	0.87	0.91	-	-	-	-	-	-	-	-	-	-	-	1.09	1.03	0.17
Loss from discontinued operations, net of tax (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.00
Net Income Attributable to DTE Energy Company (in dollars per share)
1.76	1.40	1.73	0.99	2.19	1.04	1.84	1.29	2.00	1.59	1.51	0.99	2.23	0.74	1.88	0.84	1.37	0.44	1.47	0.61	1.53	1.68	0.88	0.70	1.84	0.69	1.13	0.60	1.34	0.47	1.31	0.86	0.91	0.88	1.07	1.19	1.04	0.89	0.96	0.51	1.38	-	0.92	0.51	-	1.08	0.17
Weighted Average Common Shares Outstanding
Basic (in shares)
192	192	183	183	182	181	182	181	180	179	179	179	179	179	179	179	179	180	179	179	178	177	177	177	177	178	175	174	173	172	172	170	170	169	169	169	169	168	169	169	166	164	165	164	163	163	163
Diluted (in shares)
192	189	184	184	183	181	182	181	180	179	179	179	179	176	180	180	180	179	180	179	178	177	177	177	177	176	176	175	173	175	172	171	170	170	170	170	170	171	170	169	166	164	165	164	163	163	163
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	0.00	1.65	0.82	-	0.77	0.73	0.73	0.73	0.73	0.69	0.69	0.68	0.69	0.66	0.66	0.65	0.66	0.66	0.62	0.62	0.62	0.59	0.59	0.58	0.59	0.59	0.56	0.56	0.56	0.53	0.53	0.53	0.53	0.53	0.53	0.53	0.53
DTE Electric
Regulated Operating Revenue
5,201	5,224	5,240	5,242	5,328	5,298	5,277	5,190	5,132	5,102	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fuel, purchased power, and gas — utility
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and maintenance
1,454	1,452	1,493	1,497	1,508	1,470	1,385	1,374	1,365	1,428	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
983	946	914	872	845	836	820	806	784	753	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income
309	310	308	305	310	307	305	302	303	302	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset (gains) losses and impairments, net
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
4,100	4,111	4,183	4,181	4,221	4,164	4,030	3,992	3,931	3,937	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
1,101	1,113	1,057	1,061	1,107	1,134	1,247	1,198	1,201	1,165	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
318	313	307	300	291	283	278	273	276	274	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
3	2	1	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-operating retirement benefits, net
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
87	107	89	92	89	83	92	90	85	77	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
89	56	62	57	60	77	66	68	58	40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (Income) and Deductions
-316	-259	-280	-264	-261	-277	-251	-251	-249	-237	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Before Income Taxes
785	854	777	797	846	857	996	947	952	928	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense
122	138	134	156	175	193	250	287	317	327	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income Attributable to DTE Energy Company/DTE Electric Company
663	716	643	641	671	664	746	660	635	601	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-