DTE Energy Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,462	1,404	1,397	1,083	907
Depreciation & Amortization	1,194	1,201	1,132	1,054	1,031
Other Amortization	714	586	533	456	404
Loss (Gain) on Sale of Assets	49	28	16	-5	50
Loss (Gain) on Equity Investments	-47	-15	-3	14	-97
Change in Accounts Receivable	-316	-40	398	-352	-146
Change in Inventory	-127	-191	-110	-98	-153
Change in Accounts Payable	255	45	-306	109	308
Change in Other Net Operating Assets	-31	514	21	-303	272
Other Operating Activities	256	111	142	19	409
Net Cash from Discontinued Operations	-	-	-	-	82
Operating Cash Flow	3,409	3,643	3,220	1,977	3,067
Operating Cash Flow Growth	-6.42%	13.14%	62.87%	-35.54%	-17.04%
Capital Expenditures	-4,429	-4,467	-3,934	-3,378	-3,772
Sale of Property, Plant & Equipment	32	46	3	24	3
Cash Acquisitions	-210	-	-	-	-
Investment in Securities	17	3	-2	3	10
Contributions to Nuclear Demissioning Trust	-719	-559	-678	-878	-1,046
Other Investing Activities	5	26	516	798	942
Investing Cash Flow	-5,304	-4,951	-4,095	-3,431	-3,863
Short-Term Debt Issued	-	-	121	404	720
Long-Term Debt Issued	4,429	4,533	3,167	2,171	4,457
Total Debt Issued	4,429	4,533	3,288	2,575	5,177
Short-Term Debt Repaid	-185	-216	-	-	-
Long-Term Debt Repaid	-1,291	-2,139	-1,616	-1,587	-3,522
Total Debt Repaid	-1,476	-2,355	-1,616	-1,587	-3,522
Net Debt Issued (Repaid)	2,953	2,178	1,672	988	1,655
Issuance of Common Stock	-	-	-	1,300	-
Repurchase of Common Stock	-	-	-	-55	-66
Common Dividends Paid	-871	-810	-752	-685	-791
Other Financing Activities	-25	-23	-37	-86	-483
Financing Cash Flow	2,057	1,345	883	1,462	315
Net Cash Flow	162	37	8	8	-481
Free Cash Flow	-1,020	-824	-714	-1,401	-705
Free Cash Flow Margin	-6.45%	-6.62%	-5.60%	-7.29%	-4.71%
Free Cash Flow Per Share	-4.93	-3.98	-3.47	-7.15	-3.63
Cash Interest Paid	978	869	751	638	671
Cash Income Tax Paid	-267	-230	-5	-3	-3
Levered Free Cash Flow	-1,747	-1,685	-1,108	-1,822	-1,446
Unlevered Free Cash Flow	-1,087	-1,091	-613.75	-1,400	-1,053
Change in Working Capital	-219	328	3	-644	281

Source: S&P Global Market Intelligence. Utility template. Financial Sources.