DTE ENERGY CO company info

CIK 936340
IRS Number 383217752
State of incorporation MI
Business address ONE ENERGY PLAZA
None
DETROIT
MI
48226
Mail address ONE ENERGY PLAZA
None
DETROIT
MI
48226

Short summary

DTE ENERGY CO is a Michigan company, with head office located at One Energy Plaza Detroit, Michigan 48226. The company achieved a record breaking net income in 2007 - 971.00 million USD. In 2016 the company owned a total of 32.15 billion USD worth of assets, including 2.57 billion USD worth of current assets and 7.27 billion USD worth of non-current assets. The company amassed the most assets last year, totalling up to 32.15 billion USD.

DTE ENERGY CO Income Statement

Name [in Millions USD]20062007200820092010201120122013201420152016Trends
Revenue, Net 8,5258,8588,791
Operating Expenses 6,8708,0666,765
Operating Income (Loss) 1,6051,2631,2491,4641,4231,2791,2031,5901,2391,445
Interest expense 533503545549488440436429450472
Income Tax Expense (Benefit) 364288247315268286254364230271
Net income 971546532630711610661905727868

DTE ENERGY CO Balance Sheet

Name [in Millions USD]20062007200820092010201120122013201420152016Trends
Cash and cash equivalents 147445421246118546752303282
Accounts Receivable, Net, Current 1,1641,2191,2971,2391,3141,4001,2511,1801,408
Deferred income taxes 207151127650-2875
Collateral Already Posted, Aggregate Fair Value 60681120962000
Property, Plant and Equipment, Gross 20,35921,13722,12323,08124,35625,83627,57928,37130,287
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 7,9668,3668,8398,9299,1669,52910,00310,07610,421
Goodwill 2,0372,0242,0202,0202,0182,0182,0182,0182,292
Available-for-sale Securities, Noncurrent 613
Intangible Assets, Net (Excluding Goodwill) 54716713812510189842
Other Assets, Noncurrent 192182195189199220248159168
Total assets 23,89524,03324,57926,07525,94426,18928,35028,76932,149
Current assets 2,5352,5812,7713,0502,4962,7212,6912,2582,567
Non-current assets 7,6417,4297,0237,3556,6045,3206,1626,1157,274
Accounts payable 611684733728808946848745910
Total current liabilities 2,0762,9312,2462,6352,9622,8192,2321,8831,834
Long-term Debt, Excluding Current Maturities 6,7395,5846,6226,5286,1167,3298,3468,55110,999
Long-term Debt 8,0007,8008,0417,6718,0308,6209,30011,372
Deferred income taxes 2,0252,2092,9643,2633,2803,5003,9144,0264,270
Common Stock, Value, Issued 3,2143,4053,4153,5493,7623,8964,1104,1293,958
Retained Earnings (Accumulated Deficit) 3,0723,3053,5163,7443,9454,2464,5804,7915,365
Accumulated Other Comprehensive Income (Loss), Net of Tax -145-153-146-151-155-134-151-142-129

DTE ENERGY CO Cash Flow

Name [in Millions USD]20062007200820092010201120122013201420152016Trends
Net income 971546532630711610661905727868
Depreciation 630683740783
Amortization of Intangible Assets 7445614121116
Depreciation and amortization 9268991,0201,0279951,0181,0941,145852976
Deferred Income Tax Expense (Benefit) 14120545722047164356237265
Accounts receivable -328-167797152
Inventories -96-28-133129-35-123177-1-37
Accounts payable -286-162-12-234014128-158145
Net Cash Provided by (Used in) Operating Activities 1,1251,5591,8191,8252,0082,2092,1541,8391,9112,084
Payments to Acquire Businesses, Net of Cash Acquired 00198002411,147
Net Cash Provided by (Used in) Investing Activities 330-1,523-1,064-1,226-1,560-1,769-1,906-2,060-2,204-3,388
Proceeds from Issuance of Long-term Debt 501,3104276141,1797591,2341,7369562,035
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures -33-113545
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures -33-113545
Proceeds from Issuance of Common Stock 0035360393909
Payments for Repurchase of Common Stock 7081600180052033
Payments of Ordinary Dividends, Common Stock 364344348360389407445470501531
Net Cash Provided by (Used in) Financing Activities -1,468-84-789-586-445-443-2612112821,359
Cash and Cash Equivalents, Period Increase (Decrease) -13-48-34133-3-13-4-1155