2014 Q2 Form 10-Q Financial Statement

#000093634014000082 Filed on July 25, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $2.698B $2.225B
YoY Change 21.26% 10.53%
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 $282.0M $268.0M
YoY Change 5.22% 7.2%
% of Gross Profit
Operating Expenses $2.447B $1.997B
YoY Change 22.53% 15.9%
Operating Profit $249.0M $223.0M
YoY Change 11.66% -24.15%
Interest Expense $106.0M $112.0M
YoY Change -5.36% 2.75%
% of Operating Profit 42.57% 50.22%
Other Income/Expense, Net -$73.00M -$72.00M
YoY Change 1.39% -5.26%
Pretax Income $176.0M $151.0M
YoY Change 16.56% -30.73%
Income Tax $50.00M $44.00M
% Of Pretax Income 28.41% 29.14%
Net Earnings $124.0M $105.0M
YoY Change 18.1% -28.08%
Net Earnings / Revenue 4.6% 4.72%
Basic Earnings Per Share $0.70 $0.60
Diluted Earnings Per Share $0.70 $0.60
COMMON SHARES
Basic Shares Outstanding 177.0M shares 174.0M shares
Diluted Shares Outstanding 177.0M shares 175.0M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $75.00M $46.00M
YoY Change 63.04% -75.14%
Cash & Equivalents $75.00M $46.00M
Short-Term Investments
Other Short-Term Assets $166.0M $115.0M
YoY Change 44.35% -29.01%
Inventory $619.0M $627.0M
Prepaid Expenses
Receivables $1.400B $1.314B
Other Receivables $126.0M $102.0M
Total Short-Term Assets $2.721B $2.496B
YoY Change 9.01% -18.16%
LONG-TERM ASSETS
Property, Plant & Equipment $16.31B $15.19B
YoY Change 7.35% 7.33%
Goodwill $2.018B $2.018B
YoY Change 0.0% -0.1%
Intangibles $125.0M $138.0M
YoY Change -9.42% 105.97%
Long-Term Investments $1.867B $1.681B
YoY Change 11.06% 5.52%
Other Assets $220.0M $199.0M
YoY Change 10.55% 5.29%
Total Long-Term Assets $5.320B $6.604B
YoY Change -19.44% -10.21%
TOTAL ASSETS
Total Short-Term Assets $2.721B $2.496B
Total Long-Term Assets $5.320B $6.604B
Total Assets $26.19B $25.94B
YoY Change 0.94% -0.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $946.0M $808.0M
YoY Change 17.08% 10.99%
Accrued Expenses $86.00M $97.00M
YoY Change -11.34% 3.19%
Deferred Revenue
YoY Change
Short-Term Debt $511.0M $216.0M
YoY Change 136.57% 453.85%
Long-Term Debt Due $229.0M $879.0M
YoY Change -73.95% 3.66%
Total Short-Term Liabilities $2.819B $2.962B
YoY Change -4.83% 12.41%
LONG-TERM LIABILITIES
Long-Term Debt $7.329B $6.116B
YoY Change 19.83% -6.31%
Other Long-Term Liabilities $269.0M $283.0M
YoY Change -4.95% -4.71%
Total Long-Term Liabilities $7.531B $8.589B
YoY Change -12.32% -5.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.819B $2.962B
Total Long-Term Liabilities $7.531B $8.589B
Total Liabilities $10.35B $11.55B
YoY Change -10.4% -1.1%
SHAREHOLDERS EQUITY
Retained Earnings $4.246B $3.945B
YoY Change 7.63% 5.37%
Common Stock $3.896B $3.762B
YoY Change 3.56% 6.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.008B $7.552B
YoY Change
Total Liabilities & Shareholders Equity $26.19B $25.94B
YoY Change 0.94% -0.5%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $124.0M $105.0M
YoY Change 18.1% -28.08%
Depreciation, Depletion And Amortization $282.0M $268.0M
YoY Change 5.22% 7.2%
Cash From Operating Activities $544.0M $670.0M
YoY Change -18.81% 23.84%
INVESTING ACTIVITIES
Capital Expenditures -$583.0M -$523.0M
YoY Change 11.47% 17.0%
Acquisitions
YoY Change
Other Investing Activities -$42.00M -$56.00M
YoY Change -25.0% 33.33%
Cash From Investing Activities -$625.0M -$579.0M
YoY Change 7.94% 18.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 58.00M -263.0M
YoY Change -122.05% -446.05%
NET CHANGE
Cash From Operating Activities 544.0M 670.0M
Cash From Investing Activities -625.0M -579.0M
Cash From Financing Activities 58.00M -263.0M
Net Change In Cash -23.00M -172.0M
YoY Change -86.63% -234.38%
FREE CASH FLOW
Cash From Operating Activities $544.0M $670.0M
Capital Expenditures -$583.0M -$523.0M
Free Cash Flow $1.127B $1.193B
YoY Change -5.53% 20.75%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
946000000 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
962000000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1542000000 USD
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1400000000 USD
CY2014Q2 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
42000000 USD
CY2013Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
47000000 USD
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9529000000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9323000000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-136000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-134000000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-137000000 USD
CY2014Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
102000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
63000000 USD
CY2014Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16000000 USD
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
50000000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
55000000 USD
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
60000000 USD
CY2014Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1883000000 USD
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1827000000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
56000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1000000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
9000000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
4000000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-5000000 USD
CY2013Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1827000000 USD
CY2014Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1883000000 USD
CY2013Q4 us-gaap Assets
Assets
25935000000 USD
CY2014Q2 us-gaap Assets
Assets
26189000000 USD
CY2014Q2 us-gaap Assets Current
AssetsCurrent
2721000000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
2806000000 USD
CY2013Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
5535000000 USD
CY2014Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
5320000000 USD
CY2013 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
213000000 USD
us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
239000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
218000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
209000000 USD
CY2013Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
11000000 USD
CY2014Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
4000000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52000000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46000000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-19000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
23000000 USD
CY2014Q2 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
962000000 USD
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.31
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.28
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66
CY2014Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2013Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2014Q2 us-gaap Decommissioning Trust Assets Amount
DecommissioningTrustAssetsAmount
1237000000 USD
CY2013Q4 us-gaap Decommissioning Trust Assets Amount
DecommissioningTrustAssetsAmount
1191000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
123000000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
196000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3321000000 USD
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
177087230 shares
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
176993343 shares
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
176993343 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
177087230 shares
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
3896000000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
3907000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
452000000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
127000000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
106000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
342000000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3000000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
455000000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
129000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
345000000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
108000000 USD
us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
3431000000 USD
CY2014Q2 us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
1276000000 USD
CY2013Q2 us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
940000000 USD
us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
1964000000 USD
us-gaap Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
562000000 USD
us-gaap Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
527000000 USD
CY2013Q2 us-gaap Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
268000000 USD
CY2014Q2 us-gaap Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
282000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
5819000000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
2002000000 USD
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
2449000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
4108000000 USD
CY2014Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
600000000 USD
CY2013Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
1191000000 USD
CY2014Q2 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
1237000000 USD
CY2013Q4 us-gaap Decommissioning Liability Noncurrent
DecommissioningLiabilityNoncurrent
178000000 USD
CY2014Q2 us-gaap Decommissioning Liability Noncurrent
DecommissioningLiabilityNoncurrent
180000000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3500000000 USD
CY2013Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
653000000 USD
CY2014Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
564000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
527000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
562000000 USD
CY2013Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
707000000 USD
CY2014Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
785000000 USD
CY2013Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
99000000 USD
CY2014Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
98000000 USD
CY2014Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
26000000 USD
CY2013Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
27000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
833000000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
909000000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
124000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
126000000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
964000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
936000000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
177000000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
238000000 USD
CY2013Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
8000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
33000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
122000000 USD
CY2014Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
101000000 USD
CY2014Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
148000000 USD
CY2013Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
195000000 USD
CY2014Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
29000000 USD
CY2013Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
43000000 USD
CY2014Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
787000000 USD
CY2013Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
698000000 USD
CY2014Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
1082000000 USD
us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues and energy costs related to trading contracts are presented on a net basis in the Consolidated Statements of Operations. Commodity derivatives used for trading purposes, and financial non-trading commodity derivatives, are accounted for using the mark-to-market method with unrealized and realized gains and losses recorded in Operating revenues. Non-trading physical commodity sale and purchase derivative contracts are generally accounted for using the mark-to-market method with unrealized and realized gains and losses for sales recorded in Operating revenue and purchases recorded in Fuel, purchased power and gas. </font></div></div>
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DTE Energy considers the following criteria in determining whether a market is considered active: frequency in which pricing information is updated, variability in pricing between sources or over time and the availability of public information. Other derivative contracts are valued based upon a variety of inputs including commodity market prices, broker quotes, interest rates, credit ratings, default rates, market-based seasonality and basis differential factors. DTE Energy monitors the prices that are supplied by brokers and pricing services and may use a supplemental price source or change the primary price source of an index if prices become unavailable or another price source is determined to be more representative of fair value. DTE Energy has obtained an understanding of how these prices are derived. Additionally, DTE Energy selectively corroborates the fair value of its transactions by comparison of market-based price sources. Mathematical valuation models are used for derivatives for which external market data is not readily observable, such as contracts which extend beyond the actively traded reporting period. The Company has established a Risk Management Committee whose responsibilities include directly or indirectly ensuring all valuation methods are applied in accordance with predefined policies. The development and maintenance of our forward price curves has been assigned to our Risk Management Department, which is separate and distinct from the trading functions within the Company.</font></div></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NEW ACCOUNTING PRONOUNCEMENTS</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers.</font><font style="font-family:inherit;font-size:10pt;"> The objectives of this ASU are to improve upon revenue recognition requirements by providing a single comprehensive model to determine the measurement of revenue and timing of recognition. The core principle is that an entity will recognize revenue to depict the transfer of goods or services to customers at an amount that the entity expects to be entitled to in exchange for those goods or services. This ASU also requires expanded qualitative and quantitative disclosures regarding the nature, amount, timing, and uncertainty of revenues and cash flows arising from contracts with customers. The revenue standard is effective for the first interim period within annual reporting periods beginning after December 15, 2016 and is to be applied retrospectively. Early adoption is not permitted. The Company is currently assessing the impact of this ASU on its consolidated financial statements.</font></div></div>
CY2013Q2 us-gaap Distributed Earnings
DistributedEarnings
115000000 USD
us-gaap Distributed Earnings
DistributedEarnings
232000000 USD
us-gaap Distributed Earnings
DistributedEarnings
222000000 USD
CY2014Q2 us-gaap Distributed Earnings
DistributedEarnings
116000000 USD
CY2014Q2 us-gaap Dividends Common Stock
DividendsCommonStock
116000000 USD
CY2013Q2 us-gaap Dividends Common Stock
DividendsCommonStock
114000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
231000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
222000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
354000000 USD
CY2014Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
238000000 USD
CY2013Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
116000000 USD
CY2013Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
CY2014Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
0 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.94
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.54
CY2013Q2 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.66
us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
1.28
CY2014Q2 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.66
us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
1.31
dte Fair Value Transferfrom Level3to Level2 Amount
FairValueTransferfromLevel3toLevel2Amount
2000000 USD
CY2013Q2 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
-0.06
CY2014Q2 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.04
us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.66
us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
1.23
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.94
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
1.31
CY2013Q2 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.66
us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
1.28
CY2014Q2 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.66
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.66
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
1.23
CY2014Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.04
CY2013Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
-0.06
CY2014Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.28
CY2013Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.29
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.30
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.31
CY2013Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2000000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2000000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7000000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4000000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
82000000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y5M24D
CY2014Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25000000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000000 USD
CY2013Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14000000 USD
CY2013Q4 us-gaap Energy Related Inventory
EnergyRelatedInventory
363000000 USD
CY2014Q2 us-gaap Energy Related Inventory
EnergyRelatedInventory
342000000 USD
us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
664000000 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
20000000 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-30000000 USD
CY2013Q2 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
31000000 USD
CY2014Q2 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-10000000 USD
dte Fair Value Transferfrom Level3to Level2 Amount
FairValueTransferfromLevel3toLevel2Amount
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-19000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
15000000 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
15000000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-39000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
-2000000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
-1000000 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
1000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
6000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-21000000 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
7000000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
36000000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Into Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
-2000000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 USD
CY2012Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-13000000 USD
CY2013Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-16000000 USD
CY2014Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-40000000 USD
CY2013Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-36000000 USD
CY2013Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-41000000 USD
CY2014Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-43000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
51000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
45000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
176000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
179000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
112000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
122000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
7000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
0 USD
CY2014Q2 us-gaap Goodwill
Goodwill
2018000000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
2018000000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
151000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
176000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
491000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
661000000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50000000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
149000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
208000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-70000000 USD
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-145000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-29000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
104000000 USD
us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
-59000000 USD
us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
-15000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-133000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-71000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-35000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-49000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-52000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-42000000 USD
us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-89000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-43000000 USD
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-174000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
-226000000 USD
us-gaap Increase Decrease In Regulatory Assets And Liabilities
IncreaseDecreaseInRegulatoryAssetsAndLiabilities
224000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-13000000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-10000000 USD
CY2013Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
12000000 USD
CY2014Q2 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
13000000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
134000000 USD
CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
125000000 USD
us-gaap Interest Expense
InterestExpense
216000000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
112000000 USD
us-gaap Interest Expense
InterestExpense
221000000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
106000000 USD
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
90000000 USD
CY2014Q2 us-gaap Interest Payable Current
InterestPayableCurrent
86000000 USD
CY2014Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
1000000 USD
CY2014Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
277000000 USD
CY2013Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
265000000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000 USD
CY2014Q2 us-gaap Junior Subordinated Long Term Notes
JuniorSubordinatedLongTermNotes
480000000 USD
CY2013Q4 us-gaap Junior Subordinated Long Term Notes
JuniorSubordinatedLongTermNotes
480000000 USD
CY2014Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
18000000 USD
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
19000000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26189000000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25935000000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2819000000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3189000000 USD
CY2013Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7578000000 USD
CY2014Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7531000000 USD
CY2014Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
719000000 USD
CY2014Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2025000000 USD
CY2014Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1306000000 USD
CY2014Q2 us-gaap Long Term Debt
LongTermDebt
8030000000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
8094000000 USD
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7813000000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7214000000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
898000000 USD
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
229000000 USD
CY2014Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7329000000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6618000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1067000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-911000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1267000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1076000000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
105000000 USD
us-gaap Net Income Loss
NetIncomeLoss
339000000 USD
CY2014Q2 us-gaap Long Term Investments
LongTermInvestments
1841000000 USD
CY2013Q4 us-gaap Long Term Investments
LongTermInvestments
1794000000 USD
CY2013Q4 us-gaap Long Term Transition Bond
LongTermTransitionBond
105000000 USD
CY2014Q2 us-gaap Long Term Transition Bond
LongTermTransitionBond
0 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
18000000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
33000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-375000000 USD
us-gaap Net Income Loss
NetIncomeLoss
450000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
124000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-148000000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-72000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-142000000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-73000000 USD
CY2014Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
90000000 USD
CY2013Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
102000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
633000000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
249000000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
223000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
809000000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
166000000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
209000000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
198000000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
220000000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-1000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-1000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
1000000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
1000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1000000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
-7000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
-8000000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
-1000000 USD
CY2013Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5000000 USD
us-gaap Other Information Pertaining To Income Taxes
OtherInformationPertainingToIncomeTaxes
The 1% decrease in the effective tax rate for the three months ended June 30, 2014 is due to higher production tax credits. The 1% increase in effective tax rate for the six months ended June 30, 2014 is due to $8 million of deferred tax expense resulting from New York state income tax reform enacted on March 31, 2014, partially offset by higher production tax credits.
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
495000000 USD
CY2014Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
473000000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
269000000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
297000000 USD
CY2014Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
604000000 USD
CY2013Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
603000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
18000000 USD
CY2013Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9000000 USD
CY2014Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
10000000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
16000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
81000000 USD
CY2013Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
46000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
90000000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
40000000 USD
CY2014Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
307000000 USD
CY2013Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
350000000 USD
CY2014Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
126000000 USD
CY2013Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
127000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
23000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
23000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
52000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
215000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
232000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
483000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
317000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
19000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
371000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
595000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-13000000 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 And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
309000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
475000000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
31000000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
15000000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
107000000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
126000000 USD
us-gaap Profit Loss
ProfitLoss
453000000 USD
us-gaap Profit Loss
ProfitLoss
342000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25123000000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
25836000000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16307000000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15800000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
11000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
6000000 USD
CY2014Q2 us-gaap Purchase Obligation
PurchaseObligation
8600000000 USD
CY2014Q2 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
2300000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-3000000 USD
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1000000 USD
CY2014Q2 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
127000000 USD
CY2013Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
26000000 USD
CY2014Q2 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
2719000000 USD
CY2013Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
2837000000 USD
CY2013Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
302000000 USD
CY2014Q2 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
150000000 USD
CY2013Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
862000000 USD
CY2014Q2 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
757000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
515000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
664000000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
123000000 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
110000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4150000000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4246000000 USD
us-gaap Revenues
Revenues
6628000000 USD
CY2013Q2 us-gaap Revenues
Revenues
2225000000 USD
CY2014Q2 us-gaap Revenues
Revenues
2698000000 USD
us-gaap Revenues
Revenues
4741000000 USD
CY2014Q2 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
135000000 USD
CY2013Q4 us-gaap Securitized Regulatory Transition Assets Noncurrent
SecuritizedRegulatoryTransitionAssetsNoncurrent
231000000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
508859 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
43.10
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
17000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
10730 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
17000000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
723697 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
508859 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
43.10
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
42.60
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
41.54
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
39.41
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M28D
CY2014Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
511000000 USD
CY2013Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
131000000 USD
CY2014Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
1000000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
204108 shares
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
52000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
7921000000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
8008000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7954000000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8026000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
23000000 USD
CY2014Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
87000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
182000000 USD
CY2013Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
84000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
178000000 USD
us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
8000000 USD
us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
9000000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
117000000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
218000000 USD
CY2013Q2 us-gaap Undistributed Earnings
UndistributedEarnings
-10000000 USD
CY2014Q2 us-gaap Undistributed Earnings
UndistributedEarnings
8000000 USD
CY2014Q2 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
8000000 USD
us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
218000000 USD
CY2013Q2 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
-10000000 USD
us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
117000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2000000 USD
CY2014Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
811000000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
1440000000 USD
us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
1652000000 USD
CY2013Q2 us-gaap Utilities Operating Expense Maintenance And Operations
UtilitiesOperatingExpenseMaintenanceAndOperations
705000000 USD
CY2014Q2 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
0 USD
dte Fair Value Transferfrom Level2to Level1 Amount
FairValueTransferfromLevel2toLevel1Amount
0 USD
CY2013Q2 dte Fair Value Transferfrom Level2to Level1 Amount
FairValueTransferfromLevel2toLevel1Amount
0 USD
dte Fair Value Transferfrom Level2to Level1 Amount
FairValueTransferfromLevel2toLevel1Amount
0 USD
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
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
177000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
177000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
174000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
177000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
CY2013Q4 dte Cash Collateral Paid
CashCollateralPaid
34000000 USD
CY2014Q2 dte Cash Collateral Paid
CashCollateralPaid
30000000 USD
CY2014Q2 dte Cash Collateral Paid Or Received For Derivative Assets
CashCollateralPaidOrReceivedForDerivativeAssets
5000000 USD
CY2013Q4 dte Cash Collateral Paid Or Received For Derivative Assets
CashCollateralPaidOrReceivedForDerivativeAssets
26000000 USD
CY2013Q4 dte Cash Collateral Paid Or Received For Derivative Liabilities
CashCollateralPaidOrReceivedForDerivativeLiabilities
17000000 USD
CY2014Q2 dte Cash Collateral Paid Or Received For Derivative Liabilities
CashCollateralPaidOrReceivedForDerivativeLiabilities
7000000 USD
CY2014Q2 dte Cash Collateral Posted Net Of Cash Collateral Received
CashCollateralPostedNetOfCashCollateralReceived
26000000 USD
CY2013Q4 dte Cash Collateral Posted Net Of Cash Collateral Received
CashCollateralPostedNetOfCashCollateralReceived
12000000 USD
CY2014Q2 dte Cash Collateral Received
CashCollateralReceived
6000000 USD
CY2013Q4 dte Cash Collateral Received
CashCollateralReceived
13000000 USD
dte Epa Sulfur Dioxide Ambient Air Quality Standard
EPASulfurDioxideAmbientAirQualityStandard
PT1H
dte Estimatedexpendituresforasupplementalenvironmentalprojecttoenhanceparticulatecollectionefficiency
Estimatedexpendituresforasupplementalenvironmentalprojecttoenhanceparticulatecollectionefficiency
300000 USD
dte Estimatedmaximumspendtoupgradetreatmenttechnologytobiologicaltreatmenttomeetfuturerequirements
Estimatedmaximumspendtoupgradetreatmenttechnologytobiologicaltreatmenttomeetfuturerequirements
15000000 USD
dte Fair Value Net Derivative Asset Liability Measuredon Recurring Basis Unobservable Inputs Reconciliation Gainsand Losses Recorded In Regulatory Assets Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasisUnobservableInputsReconciliationGainsandLossesRecordedInRegulatoryAssetsLiabilities
11000000 USD
dte Fair Value Net Derivative Asset Liability Measuredon Recurring Basis Unobservable Inputs Reconciliation Gainsand Losses Recorded In Regulatory Assets Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasisUnobservableInputsReconciliationGainsandLossesRecordedInRegulatoryAssetsLiabilities
4000000 USD
CY2014Q2 dte Fair Value Net Derivative Asset Liability Measuredon Recurring Basis Unobservable Inputs Reconciliation Gainsand Losses Recorded In Regulatory Assets Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasisUnobservableInputsReconciliationGainsandLossesRecordedInRegulatoryAssetsLiabilities
7000000 USD
CY2013Q2 dte Fair Value Net Derivative Asset Liability Measuredon Recurring Basis Unobservable Inputs Reconciliation Gainsand Losses Recorded In Regulatory Assets Liabilities
FairValueNetDerivativeAssetLiabilityMeasuredonRecurringBasisUnobservableInputsReconciliationGainsandLossesRecordedInRegulatoryAssetsLiabilities
3000000 USD
CY2013Q2 dte Fair Value Transferfrom Level1to Level2 Amount
FairValueTransferfromLevel1toLevel2Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level1to Level2 Amount
FairValueTransferfromLevel1toLevel2Amount
0 USD
dte Fair Value Transferfrom Level1to Level2 Amount
FairValueTransferfromLevel1toLevel2Amount
0 USD
dte Fair Value Transferfrom Level1to Level2 Amount
FairValueTransferfromLevel1toLevel2Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level1to Level3 Amount
FairValueTransferfromLevel1toLevel3Amount
0 USD
CY2013Q2 dte Fair Value Transferfrom Level1to Level3 Amount
FairValueTransferfromLevel1toLevel3Amount
0 USD
dte Fair Value Transferfrom Level1to Level3 Amount
FairValueTransferfromLevel1toLevel3Amount
0 USD
dte Fair Value Transferfrom Level1to Level3 Amount
FairValueTransferfromLevel1toLevel3Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level2to Level1 Amount
FairValueTransferfromLevel2toLevel1Amount
0 USD
CY2013Q2 dte Fair Value Transferfrom Level2to Level3 Amount
FairValueTransferfromLevel2toLevel3Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level2to Level3 Amount
FairValueTransferfromLevel2toLevel3Amount
0 USD
dte Fair Value Transferfrom Level2to Level3 Amount
FairValueTransferfromLevel2toLevel3Amount
0 USD
dte Fair Value Transferfrom Level2to Level3 Amount
FairValueTransferfromLevel2toLevel3Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level3to Level1 Amount
FairValueTransferfromLevel3toLevel1Amount
0 USD
CY2013Q2 dte Fair Value Transferfrom Level3to Level1 Amount
FairValueTransferfromLevel3toLevel1Amount
0 USD
dte Fair Value Transferfrom Level3to Level1 Amount
FairValueTransferfromLevel3toLevel1Amount
0 USD
dte Fair Value Transferfrom Level3to Level1 Amount
FairValueTransferfromLevel3toLevel1Amount
0 USD
CY2013Q2 dte Fair Value Transferfrom Level3to Level2 Amount
FairValueTransferfromLevel3toLevel2Amount
0 USD
CY2014Q2 dte Fair Value Transferfrom Level3to Level2 Amount
FairValueTransferfromLevel3toLevel2Amount
0 USD
dte Finerelatedtoconsentorderandagreementwith Allegheny Countyrelatedto Nov
FinerelatedtoconsentorderandagreementwithAlleghenyCountyrelatedtoNOV
300000 USD
CY2013Q4 dte Gas Inventory Equalization
GasInventoryEqualization
0 USD
CY2014Q2 dte Gas Inventory Equalization
GasInventoryEqualization
38000000 USD
dte Increase Decreasein Gas Inventory Equalization
IncreaseDecreaseinGasInventoryEqualization
38000000 USD
dte Increase Decreasein Gas Inventory Equalization
IncreaseDecreaseinGasInventoryEqualization
73000000 USD
dte Lengthof Noticeof Intenttosuefromthe Group Against Smogand Pollution
LengthofNoticeofIntenttosuefromtheGroupAgainstSmogandPollution
P60D
CY2014Q2 dte Maximum Percentage Of Commitment To Bank In Any Facility
MaximumPercentageOfCommitmentToBankInAnyFacility
0.087
CY2014Q2 dte Maximum Total Funded Debtto Total Capitalization Ratio
MaximumTotalFundedDebttoTotalCapitalizationRatio
0.65
CY2014Q2 dte Notes Receivable Excudling Capital Leases
NotesReceivableExcudlingCapitalLeases
46000000 USD
CY2013Q4 dte Notes Receivable Excudling Capital Leases
NotesReceivableExcudlingCapitalLeases
41000000 USD
dte Nuclearfuelamortization
Nuclearfuelamortization
19000000 USD
dte Nuclearfuelamortization
Nuclearfuelamortization
17000000 USD
CY2014Q2 dte Number Of Banks That Provide Percentage Of Commitment In Any Facility
NumberOfBanksThatProvidePercentageOfCommitmentInAnyFacility
1 banks
CY2014Q2 dte Number Of Citizens Gas Customers
NumberOfCitizensGasCustomers
17000 customers
CY2014Q2 dte Number Of Electric Utility Customers
NumberOfElectricUtilityCustomers
2100000 customers
CY2014Q2 dte Number Of Gas Utility Customers
NumberOfGasUtilityCustomers
1200000 customers
CY2010Q4 dte Number Of Novs
NumberOfNovs
2
CY2014Q2 dte Numberof Represented Employees
NumberofRepresentedEmployees
4900 employees
CY2014Q2 dte Performance Bonds Outstanding
PerformanceBondsOutstanding
46000000 USD
dte Plant And Equipment Expenditures Non Utility
PlantAndEquipmentExpendituresNonUtility
197000000 USD
dte Plant And Equipment Expenditures Non Utility
PlantAndEquipmentExpendituresNonUtility
156000000 USD
dte Plant And Equipment Expenditures Utility
PlantAndEquipmentExpendituresUtility
708000000 USD
dte Plant And Equipment Expenditures Utility
PlantAndEquipmentExpendituresUtility
924000000 USD
dte Possible Environmental Capital Expenditures To Comply With Requirements
PossibleEnvironmentalCapitalExpendituresToComplyWithRequirements
4000000 USD
CY2014Q2 dte Revolving Credit Facilities With Syndicate Number Of Banks
RevolvingCreditFacilitiesWithSyndicateNumberOfBanks
19 banks
CY2014Q2 dte Value Of Transactions Company Would Have Been Exposed To If Credit Rating Below Investment Grade
ValueOfTransactionsCompanyWouldHaveBeenExposedToIfCreditRatingBelowInvestmentGrade
331000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000936340
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
176993343 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
DTE ENERGY CO

Files In Submission

Name View Source Status
0000936340-14-000082-index-headers.html Edgar Link pending
0000936340-14-000082-index.html Edgar Link pending
0000936340-14-000082.txt Edgar Link pending
0000936340-14-000082-xbrl.zip Edgar Link pending
a20140630ex1090.htm Edgar Link pending
a20140630ex1091.htm Edgar Link pending
a20140630ex1258.htm Edgar Link pending
a20140630ex3191.htm Edgar Link pending
a20140630ex3192.htm Edgar Link pending
a20140630ex3291.htm Edgar Link pending
a20140630ex3292.htm Edgar Link pending
a20140630ex4284.htm Edgar Link pending
dte-20140630.xml Edgar Link completed
dte-20140630.xsd Edgar Link pending
dte-20140630_cal.xml Edgar Link unprocessable
dte-20140630_def.xml Edgar Link unprocessable
dte-20140630_lab.xml Edgar Link unprocessable
dte-20140630_pre.xml Edgar Link unprocessable
dteenergy2014063010q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending