DTE Energy 2010 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2010 DTE Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 39

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39

7
MICHIGAN CONSOLIDATED GAS COMPANY
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
December 31
(in Millions, Except Shares)
2010
2009
LIABILITIES AND SHAREHOLDER’S EQUITY
Current Liabilities
Accounts payable
Affiliates
$ 24
$ 21
Other
156
181
Short-term borrowings
Affiliates
137
115
Other
150
327
Other
111
91
578
735
Long-Term Debt
889
889
Other Liabilities
Deferred income taxes
454
363
Regulatory liabilities
614
626
Accrued pension liability — affiliates
50
33
Accrued postretirement liability — affiliates
182
218
Asset retirement obligations
118
114
Other
53
77
1,471
1,431
Commitments and Contingencies (Notes 9 and 14)
Shareholder’s Equity
Common stock, $1 par value, 15,100,000 shares authorized, 10,300,000 shares issued and outstanding
534
509
Retained earnings
479
419
Accumulated other comprehensive loss
(2)
(2)
1,011
926
Total Liabilities and Shareholder’s Equity
$ 3,949
$ 3,981
See Notes to Consolidated Financial Statements