DTE Energy 2007 Annual Report Download - page 7

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MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
December 31
(in Millions) 2007 2006
ASSETS
Current Assets
Cash and cash equivalents $ 6 $ 1
Accounts receivable (less allowance for doubtful accounts of $86 and $96, respectively)
Customer 489 364
Affiliates 41 82
Other 1 19
Inventories
Gas 32 77
Material and supplies 20 17
Gas customer choice deferred asset 105 101
Other 32 37
726 698
Investments 97 94
Property
Property, plant and equipment 3,589 3,391
Less accumulated depreciation (1,593) (1,539)
1,996 1,852
Other Assets
Regulatory assets 272 362
Net investment in lease 76 78
Prepaid benefit costs and due from affiliate 432 365
Other 9 21
789 826
Total Assets $ 3,608 $ 3,470
See Notes to Consolidated Financial Statements
5