Item 6. Selected Financial Data
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Item 6. Selected Financial Data
The following selected financial data of DTE Energy should be read in conjunction with the accompanying Management’s Discussion and Analysis in Item 7 of this Report and Combined Notes to Consolidated Financial Statements in Item 8 of this Report. This information has been omitted for DTE Electric per General Instruction I (2) (a) of Form 10-K for wholly-owned subsidiaries (reduced disclosure format).
| 2020 | 2019 | 2018 | 2017 | 2016 | |||||||||||||||||||||||||
| (In millions, except per share amounts) | |||||||||||||||||||||||||||||
| Operating Revenues | $ | 12,177 | $ | 12,669 | $ | 14,212 | $ | 12,607 | $ | 10,630 | |||||||||||||||||||
| Net Income Attributable to DTE Energy Company(a) | $ | 1,368 | $ | 1,169 | $ | 1,120 | $ | 1,134 | $ | 868 | |||||||||||||||||||
| Diluted Earnings Per Common Share | $ | 7.08 | $ | 6.31 | $ | 6.17 | $ | 6.32 | $ | 4.83 | |||||||||||||||||||
| Financial Information | |||||||||||||||||||||||||||||
| Dividends declared per share of common stock | $ | 4.12 | $ | 3.85 | $ | 3.60 | $ | 3.36 | $ | 3.06 | |||||||||||||||||||
| Total Assets(b) | $ | 45,496 | $ | 42,268 | $ | 36,288 | $ | 33,767 | $ | 32,041 | |||||||||||||||||||
| Long-Term Debt(c) | $ | 19,001 | $ | 15,935 | $ | 12,134 | $ | 12,185 | $ | 11,269 | |||||||||||||||||||
| Total DTE Energy Company Equity | $ | 12,425 | $ | 11,672 | $ | 10,237 | $ | 9,512 | $ | 9,011 |
(a)The 2017 results include a $105 million net income tax benefit related to the enactment of the TCJA.
(b)The 2019 increase includes $2.8 billion of Blue Union and LEAP assets acquired in December 2019. Refer to Note 4 to the Consolidated Financial Statements in Item 8 of this Report, “Acquisitions and Dispositions,” for additional information.
(c)Long-Term Debt includes Finance lease obligations and excludes debt due within one year.
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