DTE Energy 2008 Annual Report Download - page 7

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MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
See Notes to Consolidated Financial Statements
5
December 31
(in Millions) 2008 2007
ASSETS
Current Assets
Cash and cash equivalents $ 3 $ 6
Accounts receivable (less allowance for doubtful accounts of $137 and $86, respectively)
Customer 555 489
Affiliates
44 41
Other 71
Inventories
Gas 14 32
Material and supplies
19 20
Gas customer choice deferred asse
t
126 105
Other
58 32
826 726
Investments
87 97
Property
Property, plant and equipment 3,766 3,589
Less accumulated depreciation (1,649)(1,593)
2,117 1,996
Other Assets
Regulatory assets
774 272
Net investment in lease 75 76
Prepaid pension costs — affiliates 136 432
Other 20 9
1,005 789
Total Assets $4,035 $3,608