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).

20202019201820172016
(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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