DTE Energy 2012 Annual Report Download - page 29
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Table of Contents
the development of market-based trading of carbon offsets providing business opportunities for our utility and non-utility segments. It is not possible to
quantify these impacts on DTE Energy or its customers at this time.
See Note 19 of the Notes to the Consolidated Financial Statements and Items 1. and 2. Business and Properties for further discussion of Environmental
Matters.
The next few years will be a period of rapid change for DTE Energy and for the energy industry. Our strong utility base, combined with our integrated
non-utility operations, position us well for long-term growth.
Looking forward, we will focus on several areas that we expect will improve future performance:
•improving Electric and Gas customer satisfaction;
•effectively manage rate competitiveness and affordability;
•continuing to pursue regulatory stability and investment recovery for our utilities;
•managing the growth of our utility asset base;
•continuing to improve employee engagement;
•optimizing our cost structure across all business segments;
•managing cash, capital and liquidity to maintain or improve our financial strength; and
•investing in businesses that integrate our assets and leverage our skills and expertise.
We will continue to pursue opportunities to grow our businesses in a disciplined manner if we can secure opportunities that meet our strategic, financial
and risk criteria.
The following sections provide a detailed discussion of the operating performance and future outlook of our segments.
Electric
$ 434
$441
Gas
110
127
Gas Storage and Pipelines
57
51
Power and Industrial Projects
38
85
Energy Trading
52
6
Corporate and Other
23
(72)
Income From Continuing Operations Attributable to DTE Energy Company
714
638
Discontinued Operations
(3)
(8)
Net Income Attributable to DTE Energy Company
$711
$630
27