DTE Energy Company (DTV) financial statements (2020 and earlier)

Company profile

Business Address 2260 E. IMPERIAL HIGHWAY
EL SEGUNDO, CA 90245
State of Incorp. DE
Fiscal Year End December 31
SIC 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,6352,1801,902
Cash and cash equivalents4,6352,1801,902
Receivables2,8262,5652,722
Inventory, net of allowances, customer advances and progress billings299283412
Inventory299283412
Prepaid expense465423
Prepaid expense and other current assets471
Deferred tax assets6814073
Other undisclosed current assets526362(26)
Total current assets:8,8195,9535,554
Noncurrent Assets
Property, plant and equipment6,7216,6506,038
Long-term investments and receivables1,4461,312950
Long-term investments1,4461,312950
Intangible assets, net (including goodwill)4,9234,8904,895
Goodwill3,9293,9704,063
Intangible assets, net (excluding goodwill)994920832
Investments and other noncurrent assets1,9561,9451,711
Deferred tax assets, net181116
Other undisclosed noncurrent assets1,5761,1541,291
Total noncurrent assets:16,64015,95215,001
TOTAL ASSETS:25,45921,90520,555
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:5,0484,6854,618
Accounts payable1,5841,0701,208
Employee-related liabilities411392347
Other undisclosed accounts payable and accrued liabilities3,0533,2233,063
Debt1,3271,256358
Due to related parties14910090
Deferred revenue and credits584589565
Deferred tax liabilities977090
Other undisclosed current liabilities(246)(170)(180)
Total current liabilities:6,9596,5305,541
Noncurrent Liabilities
Long-term debt and lease obligation19,32718,28417,170
Long-term debt, excluding current maturities19,32718,28417,170
Liabilities, other than long-term debt3,8443,3292,875
Deferred tax liabilities, net1,7261,8041,672
Due to related parties169 
Other liabilities2,1171,4561,203
Other undisclosed noncurrent liabilities157  
Total noncurrent liabilities:23,32821,61320,045
Total liabilities:30,28728,14325,586
Temporary equity, carrying amount 375400
Stockholders' equity
Stockholders' equity attributable to parent, including:(5,213)(6,544)(5,431)
Accumulated other comprehensive loss(418)(322)(242)
Accumulated deficit(8,408)(9,874)(9,210)
Other undisclosed stockholders' equity attributable to parent3,6133,6524,021
Stockholders' equity attributable to noncontrolling interest385  
Total stockholders' equity:(4,828)(6,544)(5,431)
Other undisclosed liabilities and equity (69) 
TOTAL LIABILITIES AND EQUITY:25,45921,90520,555

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues33,26031,75429,740
Cost of revenue(25,387)(24,027)(22,231)
Gross profit:7,8737,7277,509
Operating expenses(2,745)(2,577)(2,424)
Operating income:5,1285,1505,085
Nonoperating income218178199
Investment income, nonoperating687259
Other nonoperating income150106140
Interest and debt expense(898)(840)(842)
Income from continuing operations before equity method investments, income taxes:4,4484,4884,442
Income from equity method investments133198131
Other undisclosed loss from continuing operations before income taxes(133)(198)(131)
Income from continuing operations before income taxes:4,4484,4884,442
Income tax expense(1,673)(1,603)(1,465)
Net income:2,7752,8852,977
Net loss attributable to noncontrolling interest(19)(26)(28)
Net income available to common stockholders, diluted:2,7562,8592,949

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income:2,7752,8852,977
Other comprehensive loss(96)(80)(86)
Comprehensive income:2,6792,8052,891
Comprehensive income, net of tax, attributable to noncontrolling interest102013
Other undisclosed comprehensive loss, net of tax, attributable to parent(20)(40)(26)
Comprehensive income, net of tax, attributable to parent:2,6692,7852,878

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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