2013 Q2 Form 10-Q Financial Statement

#000093634013000114 Filed on July 26, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $2.225B $2.013B
YoY Change 10.53% -0.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $268.0M $250.0M
YoY Change 7.2% 0.81%
% of Gross Profit
Operating Expenses $1.997B $1.723B
YoY Change 15.9% -1.15%
Operating Profit $223.0M $294.0M
YoY Change -24.15% 2.08%
Interest Expense $112.0M $109.0M
YoY Change 2.75% -12.1%
% of Operating Profit 50.22% 37.07%
Other Income/Expense, Net -$72.00M -$76.00M
YoY Change -5.26% -32.14%
Pretax Income $151.0M $218.0M
YoY Change -30.73% 23.86%
Income Tax $44.00M $70.00M
% Of Pretax Income 29.14% 32.11%
Net Earnings $105.0M $146.0M
YoY Change -28.08% -27.72%
Net Earnings / Revenue 4.72% 7.25%
Basic Earnings Per Share $0.60 $0.86
Diluted Earnings Per Share $0.60 $0.86
COMMON SHARES
Basic Shares Outstanding 174.0M shares 170.0M shares
Diluted Shares Outstanding 175.0M shares 171.0M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.00M $185.0M
YoY Change -75.14% 203.28%
Cash & Equivalents $46.00M $185.0M
Short-Term Investments
Other Short-Term Assets $115.0M $162.0M
YoY Change -29.01% -71.92%
Inventory $627.0M $710.0M
Prepaid Expenses
Receivables $1.314B $1.239B
Other Receivables $102.0M $164.0M
Total Short-Term Assets $2.496B $3.050B
YoY Change -18.16% 10.07%
LONG-TERM ASSETS
Property, Plant & Equipment $15.19B $14.15B
YoY Change 7.33% 6.53%
Goodwill $2.018B $2.020B
YoY Change -0.1%
Intangibles $138.0M $67.00M
YoY Change 105.97%
Long-Term Investments $1.681B $1.593B
YoY Change 5.52% 2.77%
Other Assets $199.0M $189.0M
YoY Change 5.29% -96.03%
Total Long-Term Assets $6.604B $7.355B
YoY Change -10.21% -66.27%
TOTAL ASSETS
Total Short-Term Assets $2.496B $3.050B
Total Long-Term Assets $6.604B $7.355B
Total Assets $25.94B $26.08B
YoY Change -0.5% 6.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $808.0M $728.0M
YoY Change 10.99% -0.68%
Accrued Expenses $97.00M $94.00M
YoY Change 3.19% -6.93%
Deferred Revenue
YoY Change
Short-Term Debt $216.0M $39.00M
YoY Change 453.85% -74.17%
Long-Term Debt Due $879.0M $848.0M
YoY Change 3.66% 160.12%
Total Short-Term Liabilities $2.962B $2.635B
YoY Change 12.41% 17.32%
LONG-TERM LIABILITIES
Long-Term Debt $6.116B $6.528B
YoY Change -6.31% -13.04%
Other Long-Term Liabilities $283.0M $297.0M
YoY Change -4.71% -94.1%
Total Long-Term Liabilities $8.589B $9.044B
YoY Change -5.03% -27.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.962B $2.635B
Total Long-Term Liabilities $8.589B $9.044B
Total Liabilities $11.55B $11.68B
YoY Change -1.1% -34.37%
SHAREHOLDERS EQUITY
Retained Earnings $3.945B $3.744B
YoY Change 5.37%
Common Stock $3.762B $3.549B
YoY Change 6.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.552B $7.142B
YoY Change
Total Liabilities & Shareholders Equity $25.94B $26.08B
YoY Change -0.5% 6.09%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $105.0M $146.0M
YoY Change -28.08% -27.72%
Depreciation, Depletion And Amortization $268.0M $250.0M
YoY Change 7.2% 0.81%
Cash From Operating Activities $670.0M $541.0M
YoY Change 23.84% 23.8%
INVESTING ACTIVITIES
Capital Expenditures -$523.0M -$447.0M
YoY Change 17.0% -0.45%
Acquisitions
YoY Change
Other Investing Activities -$56.00M -$42.00M
YoY Change 33.33% -43.24%
Cash From Investing Activities -$579.0M -$489.0M
YoY Change 18.4% -6.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -263.0M 76.00M
YoY Change -446.05% -252.0%
NET CHANGE
Cash From Operating Activities 670.0M 541.0M
Cash From Investing Activities -579.0M -489.0M
Cash From Financing Activities -263.0M 76.00M
Net Change In Cash -172.0M 128.0M
YoY Change -234.38% -194.12%
FREE CASH FLOW
Cash From Operating Activities $670.0M $541.0M
Capital Expenditures -$523.0M -$447.0M
Free Cash Flow $1.193B $988.0M
YoY Change 20.75% 11.51%

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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
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CY2012Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
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CY2013Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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CY2013Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2013Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2012Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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us-gaap Net Income Loss
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us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0 USD
CY2012Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0 USD
CY2013Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
23000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
15000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
199000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
215000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
35000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
44000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
371000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
496000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
40000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-9000000 USD
CY2013Q2 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
15000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-11000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-380000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-24000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
27000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
36000000 USD
CY2012Q2 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
25000000 USD
dte Transition Pl Dcustomersto Dte Electricdistributionsystem
TransitionPLDcustomerstoDTEElectricdistributionsystem
P5Y
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
15000000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
15000000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
107000000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
147000000 USD
us-gaap Profit Loss
ProfitLoss
342000000 USD
us-gaap Profit Loss
ProfitLoss
305000000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
23631000000 USD
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24356000000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15190000000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14684000000 USD
dte Transition Pl Dcustomersto Dte Electricdistributionsystem
TransitionPLDcustomerstoDTEElectricdistributionsystem
P7Y
CY2013Q2 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
90000000 USD
CY2012Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
182000000 USD
CY2012Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
4235000000 USD
CY2013Q2 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
3790000000 USD
CY2012Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
1031000000 USD
CY2013Q2 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
954000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
140000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
515000000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
122000000 USD
CY2013Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
112000000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3945000000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3944000000 USD
CY2013Q2 us-gaap Revenues
Revenues
2225000000 USD
us-gaap Revenues
Revenues
4252000000 USD
CY2012Q2 us-gaap Revenues
Revenues
2013000000 USD
us-gaap Revenues
Revenues
4741000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
4741000000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
2013000000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
2225000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
4252000000 USD
dte Unrealized Losses On Available For Sale Securities
UnrealizedLossesOnAvailableForSaleSecurities
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
534027 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
64.52
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
811341 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
42.48
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10000000 USD
CY2013Q2 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
326000000 USD
CY2012Q4 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
413000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
-22906 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-10370 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
22000000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
811341 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1192670 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.48
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.86
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
200844 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.53
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
22000000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y4M11D
CY2013Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
216000000 USD
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
240000000 USD
us-gaap Stock Issued1
StockIssued1
165000000 USD
us-gaap Stock Issued1
StockIssued1
129000000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-370959 shares
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
500000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
7552000000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
7373000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7411000000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7587000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
174000000 USD
CY2012Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
79000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
178000000 USD
CY2013Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
84000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
8000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
5000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3000000 USD
us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1000000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
1440000000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
1424000000 USD
CY2013Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
705000000 USD
CY2012Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
703000000 USD
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
0 USD
us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
7000000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
175000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
174000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
170000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
dte A2004 Ep Aproposedcompliancetimelineinyears
A2004EPAproposedcompliancetimelineinyears
P8Y
dte Aggregate Limitof Liabilities Arises From Terrorist Act Outside Scopeof Trials Subjectto One Industry
AggregateLimitofLiabilitiesArisesFromTerroristActOutsideScopeofTrialsSubjecttoOneIndustry
300000000 USD
dte Amount Per Event Loss Associated With Nuclear Power Plants
AmountPerEventLossAssociatedWithNuclearPowerPlants
33000000 USD
dte Amounts Reclassified From Accumulated Other Comprehensive Income
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncome
5000000 USD
CY2013Q2 dte Amounts Reclassified From Accumulated Other Comprehensive Income
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncome
2000000 USD
dte Annual Decrease In Other Postretirement Benefits Costs Due To Remeasurement
AnnualDecreaseInOtherPostretirementBenefitsCostsDueToRemeasurement
40000000 USD
dte Average Maturity Of Debt Securities
AverageMaturityOfDebtSecurities
P6Y
CY2012 dte Average Maturity Of Debt Securities
AverageMaturityOfDebtSecurities
P6Y
CY2013Q3 dte Bankruptcy Claims Accounts Receivableunder Reviewby Management
BankruptcyClaimsAccountsReceivableunderReviewbyManagement
18000000 USD
CY2013Q2 dte Benefit Obligations Net Of Tax
BenefitObligationsNetOfTax
2000000 USD
CY2012Q2 dte Benefit Obligations Net Of Tax
BenefitObligationsNetOfTax
3000000 USD
CY2013Q2 dte Borrowing Capacity Under Financing Agreement With Its Clearing Agent
BorrowingCapacityUnderFinancingAgreementWithItsClearingAgent
100000000 USD
CY2012Q4 dte Cash Collateral Paid
CashCollateralPaid
4000000 USD
CY2013Q2 dte Cash Collateral Paid
CashCollateralPaid
6000000 USD
CY2013Q2 dte Cash Collateral Paid Or Received For Derivative Assets
CashCollateralPaidOrReceivedForDerivativeAssets
14000000 USD
CY2012Q4 dte Cash Collateral Paid Or Received For Derivative Assets
CashCollateralPaidOrReceivedForDerivativeAssets
0 USD
CY2013Q2 dte Cash Collateral Paid Or Received For Derivative Liabilities
CashCollateralPaidOrReceivedForDerivativeLiabilities
19000000 USD
CY2013Q2 dte Cash Collateral Posted Net Of Cash Collateral Received
CashCollateralPostedNetOfCashCollateralReceived
2000000 USD
CY2012Q4 dte Cash Collateral Received
CashCollateralReceived
24000000 USD
CY2013Q2 dte Cash Collateral Received
CashCollateralReceived
3000000 USD
CY2013Q2 dte Cash Collateral Remaiining Balance After Netting
CashCollateralRemaiiningBalanceAfterNetting
0 USD
dte Combined Coverage Limit For Total Property Damage
CombinedCoverageLimitForTotalPropertyDamage
2750000000 USD
dte Company Obligated To Pay Doe Fee Of Fermi2 Electricity Generated And Sold
CompanyObligatedToPayDoeFeeOfFermi2ElectricityGeneratedAndSold
1 kWh
dte Contribution Of Common Stock To Pension Plan
ContributionOfCommonStockToPensionPlan
100000000 USD
CY2013Q1 dte Contribution Of Common Stock To Pension Plan Shares
ContributionOfCommonStockToPensionPlanShares
750075 shares
dte Contribution Of Common Stock To Pension Plan Shares
ContributionOfCommonStockToPensionPlanShares
753579 shares
CY2013Q1 dte Contribution Of Common Stock To Pension Plan Value
ContributionOfCommonStockToPensionPlanValue
50000000 USD
dte Contribution Of Common Stock To Pension Plan Value
ContributionOfCommonStockToPensionPlanValue
50000000 USD
CY2013Q1 dte Contribution Of Common Stock To Pension Plans Amount Per Share
ContributionOfCommonStockToPensionPlansAmountPerShare
66.66
CY2013Q2 dte Contribution Of Common Stock To Pension Plans Amount Per Share
ContributionOfCommonStockToPensionPlansAmountPerShare
66.35
dte Coverage For Stabilization Decontamination Debris Removal Repair And Replacement Of Property And Decommissioning
CoverageForStabilizationDecontaminationDebrisRemovalRepairAndReplacementOfPropertyAndDecommissioning
2250000000 USD
dte Deferred Premium Charged Leviied Against Each Licensed Nuclear Facility
DeferredPremiumChargedLeviiedAgainstEachLicensedNuclearFacility
117500000 USD
CY2013Q2 dte Derivative Instruments Recoverable Through Pscr Mechanism
DerivativeInstrumentsRecoverableThroughPscrMechanism
3000000 USD
dte Derivative Instruments Recoverable Through Pscr Mechanism
DerivativeInstrumentsRecoverableThroughPscrMechanism
4000000 USD
dte Dividends Declared Common Shares
DividendsDeclaredCommonShares
200000000 USD
CY2012Q2 dte Dividends Declared Common Shares
DividendsDeclaredCommonShares
100000000 USD
dte Dividends Declared Common Shares
DividendsDeclaredCommonShares
222000000 USD
CY2013Q2 dte Dividends Declared Common Shares
DividendsDeclaredCommonShares
114000000 USD
CY2013Q2 dte Epa Sulfur Dioxide Ambient Air Quality Standard
EpaSulfurDioxideAmbientAirQualityStandard
1
CY2012Q4 dte Gross Amounts Offset In Statement Of Financial Position
GrossAmountsOffsetInStatementOfFinancialPosition
869000000 USD
dte Eps Net Income Less Distributed Earnings
EpsNetIncomeLessDistributedEarnings
101000000 USD
CY2013Q2 dte Eps Net Income Less Distributed Earnings
EpsNetIncomeLessDistributedEarnings
-10000000 USD
dte Eps Net Income Less Distributed Earnings
EpsNetIncomeLessDistributedEarnings
117000000 USD
CY2012Q2 dte Eps Net Income Less Distributed Earnings
EpsNetIncomeLessDistributedEarnings
45000000 USD
CY2013Q2 dte Estimated Future Capital Expenditures For Next Year
EstimatedFutureCapitalExpendituresForNextYear
2200000000 USD
CY2012Q4 dte Fair Value Gross Amounts Of Recognized Assets
FairValueGrossAmountsOfRecognizedAssets
1016000000 USD
CY2013Q2 dte Fair Value Gross Amounts Of Recognized Assets
FairValueGrossAmountsOfRecognizedAssets
876000000 USD
CY2012Q4 dte Fair Value Gross Amounts Of Recognized Liabilities
FairValueGrossAmountsOfRecognizedLiabilities
-1020000000 USD
CY2013Q2 dte Fair Value Gross Amounts Of Recognized Liabilities
FairValueGrossAmountsOfRecognizedLiabilities
-870000000 USD
dte Fair Value Measurements With Unobservable Inputs Reconciliation Gains And Loses Recorded In Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationGainsAndLosesRecordedInRegulatoryAssetsLiabilities
4000000 USD
dte Fair Value Measurements With Unobservable Inputs Reconciliation Gains And Loses Recorded In Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationGainsAndLosesRecordedInRegulatoryAssetsLiabilities
5000000 USD
CY2013Q2 dte Fair Value Measurements With Unobservable Inputs Reconciliation Gains And Loses Recorded In Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationGainsAndLosesRecordedInRegulatoryAssetsLiabilities
3000000 USD
CY2012Q2 dte Fair Value Measurements With Unobservable Inputs Reconciliation Gains And Loses Recorded In Regulatory Assets Liabilities
FairValueMeasurementsWithUnobservableInputsReconciliationGainsAndLosesRecordedInRegulatoryAssetsLiabilities
4000000 USD
CY2012Q4 dte Fair Value Of Cash Equivalents Included In Other Investments
FairValueOfCashEquivalentsIncludedInOtherInvestments
14000000 USD
CY2013Q2 dte Fair Value Of Cash Equivalents Included In Other Investments
FairValueOfCashEquivalentsIncludedInOtherInvestments
16000000 USD
CY2012Q4 dte Fair Value Of Cash Equivalents Included In Restricted Cash
FairValueOfCashEquivalentsIncludedInRestrictedCash
109000000 USD
CY2013Q2 dte Fair Value Of Cash Equivalents Included In Restricted Cash
FairValueOfCashEquivalentsIncludedInRestrictedCash
96000000 USD
CY2013Q2 dte Fermi I Corresponding Regulatory Asset Treatment
FermiICorrespondingRegulatoryAssetTreatment
0 USD
CY2013Q2 dte Gas Inventory Equalization
GasInventoryEqualization
73000000 USD
CY2012Q4 dte Gas Inventory Equalization
GasInventoryEqualization
0 USD
dte Unrealized Losses On Available For Sale Securities
UnrealizedLossesOnAvailableForSaleSecurities
0 USD
CY2013Q2 dte Gross Amounts Offset In Statement Of Financial Position
GrossAmountsOffsetInStatementOfFinancialPosition
764000000 USD
CY2013Q2 dte Gross Amounts Offset In Statements Of Financial Position
GrossAmountsOffsetInStatementsOfFinancialPosition
-759000000 USD
CY2012Q4 dte Gross Amounts Offset In Statements Of Financial Position
GrossAmountsOffsetInStatementsOfFinancialPosition
-869000000 USD
CY2013Q2 dte Guarantee Obligations Maximum Exposure One
GuaranteeObligationsMaximumExposureOne
61000000 USD
dte Insurance Coverage For Extra Expensewhen To Necessitate Power Plant When Unavailable
InsuranceCoverageForExtraExpensewhenToNecessitatePowerPlantWhenUnavailable
490000000 USD
CY2013Q2 dte Insurance Deductible For Nuclear Power Plant
InsuranceDeductibleForNuclearPowerPlant
1000000 USD
CY2013Q2 dte Intangible Assets Emission Allowance
IntangibleAssetsEmissionAllowance
4000000 USD
CY2012Q4 dte Intangible Assets Emission Allowance
IntangibleAssetsEmissionAllowance
6000000 USD
CY2013Q2 dte Intangible Assets Renewable Energy Credits
IntangibleAssetsRenewableEnergyCredits
47000000 USD
CY2012Q4 dte Intangible Assets Renewable Energy Credits
IntangibleAssetsRenewableEnergyCredits
44000000 USD
CY2013Q2 dte Letters Of Credit Issued
LettersOfCreditIssued
37000000 USD
CY2012Q4 dte Letters Of Credit Issued
LettersOfCreditIssued
63000000 USD
dte Limit Deferred Premium Charges Per Year
LimitDeferredPremiumChargesPerYear
17500000 USD
dte Limit For Property Damage For Non Nuclear Events Aggregate Of Extra Expenses
LimitForPropertyDamageForNonNuclearEventsAggregateOfExtraExpenses
327000000 USD
dte Limit For Property Damage For Non Nuclear Events Aggregate Of Extra Expenses Of Period
LimitForPropertyDamageForNonNuclearEventsAggregateOfExtraExpensesOfPeriod
P2Y
CY2013Q2 dte Line Of Credit Facility Current Borrowing
LineOfCreditFacilityCurrentBorrowing
140000000 USD
dte Maintenance Of Public Liability Insurance For Nuclear Power Plants
MaintenanceOfPublicLiabilityInsuranceForNuclearPowerPlants
375000000 USD
dte Maturity In Years For Cash And Cash Equivalents
MaturityInYearsForCashAndCashEquivalents
P3M
CY2013Q2 dte Maximum Additional Margin Financing
MaximumAdditionalMarginFinancing
50000000 USD
CY2013Q2 dte Maximum Percentage Of Commitment To Bank In Any Facility
MaximumPercentageOfCommitmentToBankInAnyFacility
0.087
CY2013Q2 dte Maximum Total Funded Debt To Total Capitalization Ratio
MaximumTotalFundedDebtToTotalCapitalizationRatio
0.65
CY2013Q2 dte Maximum Total Funded Debtto Total Capitalization Ratio Denominator
MaximumTotalFundedDebttoTotalCapitalizationRatioDenominator
1
dte Neil Policies Against Terrorism Loss
NEILPoliciesAgainstTerrorismLoss
3200000000 USD
CY2013Q2 dte Net Amounts Of Assets Presented In Statements Of Financial Position
NetAmountsOfAssetsPresentedInStatementsOfFinancialPosition
117000000 USD
CY2012Q4 dte Net Amounts Of Assets Presented In Statements Of Financial Position
NetAmountsOfAssetsPresentedInStatementsOfFinancialPosition
147000000 USD
CY2013Q2 dte Net Amounts Of Liabilities Presented In Statements Of Financial Position
NetAmountsOfLiabilitiesPresentedInStatementsOfFinancialPosition
-106000000 USD
CY2012Q4 dte Net Amounts Of Liabilities Presented In Statements Of Financial Position
NetAmountsOfLiabilitiesPresentedInStatementsOfFinancialPosition
-151000000 USD
CY2013Q2 dte Notes Receivable Excudling Capital Leases
NotesReceivableExcudlingCapitalLeases
36000000 USD
CY2012Q4 dte Notes Receivable Excudling Capital Leases
NotesReceivableExcudlingCapitalLeases
39000000 USD
CY2013Q2 dte Number Of Banks That Provide Percentage Of Commitment In Any Facility
NumberOfBanksThatProvidePercentageOfCommitmentInAnyFacility
1 banks
CY2013Q2 dte Number Of Certain Forward Market And Basis Prices Used
NumberOfCertainForwardMarketAndBasisPricesUsed
2
CY2013Q2 dte Number Of Citizens Gas Customers
NumberOfCitizensGasCustomers
17000 customers
CY2013Q2 dte Number Of Electric Utility Customers
NumberOfElectricUtilityCustomers
2100000 customers
CY2013Q2 dte Number Of Gas Utility Customers
NumberOfGasUtilityCustomers
1200000 customers
CY2013Q2 dte Number Of Novs
NumberOfNovs
2
CY2013Q2 dte Numberof No Vs Fo Vscurrentlybeingdiscussedwiththe Epa
NumberofNOVsFOVscurrentlybeingdiscussedwiththeEPA
2
dte Other Comprehensive Income Before Reclassifications
OtherComprehensiveIncomeBeforeReclassifications
-2000000 USD
CY2013Q2 dte Other Comprehensive Income Before Reclassifications
OtherComprehensiveIncomeBeforeReclassifications
-1000000 USD
CY2013Q2 dte Pension Equalization Mechanism Reconciliationsurchargelength
PensionEqualizationMechanismReconciliationsurchargelength
P1M
CY2012Q4 dte Percentage Of Equity Sold
PercentageOfEquitySold
1.00
CY2013Q2 dte Performance Bonds Outstanding
PerformanceBondsOutstanding
41000000 USD
CY2013Q2 dte Performance Share Awards Outstanding Shares
PerformanceShareAwardsOutstandingShares
1596861 shares
CY2012Q4 dte Performance Share Awards Outstanding Shares
PerformanceShareAwardsOutstandingShares
1634364 shares
dte Period Increase Decrease In Gas Inventory Equlaization
PeriodIncreaseDecreaseInGasInventoryEqulaization
-65000000 USD
dte Period Increase Decrease In Gas Inventory Equlaization
PeriodIncreaseDecreaseInGasInventoryEqulaization
-73000000 USD
dte Period Of Coverage Of Policy For Extra Expenses
PeriodOfCoverageOfPolicyForExtraExpenses
P3Y
dte Plant And Equipment Expenditures Non Utility
PlantAndEquipmentExpendituresNonUtility
197000000 USD
dte Plant And Equipment Expenditures Non Utility
PlantAndEquipmentExpendituresNonUtility
131000000 USD
dte Plant And Equipment Expenditures Utility
PlantAndEquipmentExpendituresUtility
708000000 USD
dte Plant And Equipment Expenditures Utility
PlantAndEquipmentExpendituresUtility
708000000 USD
dte Possible Environmental Capital Expenditures To Comply With Requirements
PossibleEnvironmentalCapitalExpendituresToComplyWithRequirements
6000000 USD
dte Primary Coverage
PrimaryCoverage
500000000 USD
CY2013Q2 dte Remeasurement Decrease In Benefit Cost For Postretirement Plans
RemeasurementDecreaseInBenefitCostForPostretirementPlans
69000000 USD
CY2012Q4 dte Remeasurement Reduction To Post Retirement Benefit Obligation
RemeasurementReductionToPostRetirementBenefitObligation
439000000 USD
CY2013Q2 dte Remeasurement Reduction To Post Retirement Benefit Obligation
RemeasurementReductionToPostRetirementBenefitObligation
258000000 USD
CY2012Q4 dte Remeasurement Reduction To Post Retirement Benefit Obligation Liability
RemeasurementReductionToPostRetirementBenefitObligationLiability
1200000000 USD
CY2013Q2 dte Remeasurement Reduction To Post Retirement Benefit Obligation Liability
RemeasurementReductionToPostRetirementBenefitObligationLiability
721000000 USD
dte Restricted Stock Award Activity Forfeitures
RestrictedStockAwardActivityForfeitures
-2996 shares
dte Restricted Stock Award Activity Vested And Issued
RestrictedStockAwardActivityVestedAndIssued
-212191 shares
dte Restricted Stock Award Activity Vested And Isued Weighted Average Fair Value Per Share
RestrictedStockAwardActivityVestedAndIsuedWeightedAverageFairValuePerShare
50.21
dte Restricted Stock Awards Activity Forfeitures Weighted Average Fair Value Per Share
RestrictedStockAwardsActivityForfeituresWeightedAverageFairValuePerShare
51.33
dte Restricted Stock Awards Activity Shares Granted
RestrictedStockAwardsActivitySharesGranted
118610 shares
CY2012Q4 dte Restricted Stock Awards Outstanding Shares
RestrictedStockAwardsOutstandingShares
597648 shares
CY2013Q2 dte Restricted Stock Awards Outstanding Shares
RestrictedStockAwardsOutstandingShares
501071 shares
dte Retiree Health Care Allowance
RetireeHealthCareAllowance
3250 USD
CY2013Q2 dte Revolving Credit Facilities With Syndicate Number Of Banks
RevolvingCreditFacilitiesWithSyndicateNumberOfBanks
19 banks
CY2013Q2 dte Settlement Provided For Delay Related Costs
SettlementProvidedForDelayRelatedCosts
48000000 USD
dte Share Based Compensation Arrangements Other Than Options Payout In Period
ShareBasedCompensationArrangementsOtherThanOptionsPayoutInPeriod
-548624 shares
CY2013Q2 dte Sierra Clubis Alleging Dte Electric Coal Fired Power Plants Violatedthe Clean Air Act
SierraClubisAllegingDTEElectricCoalFiredPowerPlantsViolatedtheCleanAirAct
4 facilities
CY2013Q2 dte Significant Potential Exposure To Loss Due To Vie Long Term Purchase Contracts
SignificantPotentialExposureToLossDueToVieLongTermPurchaseContracts
0 USD
dte Time Period For Maximum Assessments For Losses Associated To Events At Nuclear Plants
TimePeriodForMaximumAssessmentsForLossesAssociatedToEventsAtNuclearPlants
P1Y
dte Time Period For Tria Insurance After First Loss From Terrorism
TimePeriodForTriaInsuranceAfterFirstLossFromTerrorism
P1Y
dte Time Period Of Decrease In Unrecognized Tax Benefits
TimePeriodOfDecreaseInUnrecognizedTaxBenefits
P12M
dte Total Comprehensive Income Net Of Tax
TotalComprehensiveIncomeNetOfTax
312000000 USD
CY2013Q2 dte Total Comprehensive Income Net Of Tax
TotalComprehensiveIncomeNetOfTax
108000000 USD
CY2012Q2 dte Total Comprehensive Income Net Of Tax
TotalComprehensiveIncomeNetOfTax
149000000 USD
dte Total Comprehensive Income Net Of Tax
TotalComprehensiveIncomeNetOfTax
345000000 USD
CY2013Q2 dte Total Limit For Property Damage For Non Nuclear Events
TotalLimitForPropertyDamageForNonNuclearEvents
1800000000 USD
CY2013Q2 dte Unrealized Losses On Available For Sale Securities
UnrealizedLossesOnAvailableForSaleSecurities
0 USD
CY2012Q2 dte Unrealized Losses On Available For Sale Securities
UnrealizedLossesOnAvailableForSaleSecurities
0 USD
CY2013Q2 dte Unrealized Losses Recognized As Regulatory Assets
UnrealizedLossesRecognizedAsRegulatoryAssets
52000000 USD
CY2012Q4 dte Unrealized Losses Recognized As Regulatory Assets
UnrealizedLossesRecognizedAsRegulatoryAssets
44000000 USD
CY2013Q2 dte Value Of Transactions Company Would Have Been Exposed To If Credit Rating Below Investment Grade
ValueOfTransactionsCompanyWouldHaveBeenExposedToIfCreditRatingBelowInvestmentGrade
313000000 USD
CY2013Q2 dte Weighted Average Grant Date Fair Value Per Share Balance
WeightedAverageGrantDateFairValuePerShareBalance
68.35
CY2012Q4 dte Weighted Average Grant Date Fair Value Per Share Balance
WeightedAverageGrantDateFairValuePerShareBalance
48.33
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000936340
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
174960000 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
DTE ENERGY CO

Files In Submission

Name View Source Status
0000936340-13-000114-index-headers.html Edgar Link pending
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