|
Consolidated Statements of Operations (Unaudited) (USD $) In Millions, except Per Share data, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Operating Revenues |
$ 2,206 |
$ 2,265 |
$ 6,480 |
$ 6,724 |
| Operating Expenses |
|
|
|
|
| Fuel, purchased power and gas |
761 |
866 |
2,347 |
2,708 |
| Operation and maintenance |
692 |
670 |
2,126 |
1,948 |
| Depreciation, depletion and amortization |
265 |
259 |
747 |
752 |
| Taxes other than income |
80 |
79 |
254 |
239 |
| Asset (gains) and losses, reserves and impairments, net |
(2) |
(8) |
(10) |
0 |
| Total operating expenses |
1,796 |
1,866 |
5,464 |
5,647 |
| Operating Income |
410 |
399 |
1,016 |
1,077 |
| Other (Income) and Deductions |
|
|
|
|
| Interest expense |
112 |
120 |
334 |
370 |
| Interest income |
(2) |
(3) |
(7) |
(8) |
| Other income |
(47) |
(20) |
(125) |
(59) |
| Other expenses |
9 |
16 |
28 |
31 |
| Total Other (Income) and Deductions |
72 |
113 |
230 |
334 |
| Income Before Income Taxes |
338 |
286 |
786 |
743 |
| Income Tax Expense |
108 |
101 |
251 |
180 |
| Net Income |
230 |
185 |
535 |
563 |
| Less: Net Income Attributable to Noncontrolling Interests |
3 |
2 |
6 |
2 |
| Net Income Attributable to DTE Energy Company |
$ 227 |
$ 183 |
$ 529 |
$ 561 |
| Basic Earnings per Common Share |
|
|
|
|
| Net Income Attributable to DTE Energy Company |
$ 1.32 |
$ 1.08 |
$ 3.09 |
$ 3.31 |
| Diluted Earnings per Common Share |
|
|
|
|
| Net Income Attributable to DTE Energy Company |
$ 1.31 |
$ 1.07 |
$ 3.08 |
$ 3.30 |
| Weighted Average Common Shares Outstanding |
|
|
|
|
| Basic |
172 |
169 |
171 |
169 |
| Diluted |
172 |
170 |
171 |
170 |
| Dividends Declared per Common Share |
$ 0.62 |
$ 0.59 |
$ 1.80 |
$ 1.74 |