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Proceeds used for the repayment of a portion of the $ 675 million 2016 Series C 2.53 % Senior Notes due October 1, 2024, for repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024, and for general corporate purposes.
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1.3
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text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds used for the repayment of a portion of the $ 675 million 2016 Series C 2.53 % Senior Notes due October 1, 2024, for repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024, and for general corporate purposes. </context>
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us-gaap:DebtInstrumentFaceAmount
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Proceeds used for the repayment of a portion of the $ 675 million 2016 Series C 2.53 % Senior Notes due October 1, 2024, for repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024, and for general corporate purposes.
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4.22
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text: <entity> 4.22 </entity> <entity type> percentItemType </entity type> <context> Proceeds used for the repayment of a portion of the $ 675 million 2016 Series C 2.53 % Senior Notes due October 1, 2024, for repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024, and for general corporate purposes. </context>
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us-gaap:DebtInstrumentInterestRateStatedPercentage
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Proceeds used for the repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024 and for general corporate purposes.
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1.3
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monetaryItemType
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text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> Proceeds used for the repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024 and for general corporate purposes. </context>
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us-gaap:DebtInstrumentFaceAmount
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Proceeds used for the repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024 and for general corporate purposes.
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4.22
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percentItemType
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text: <entity> 4.22 </entity> <entity type> percentItemType </entity type> <context> Proceeds used for the repayment of a portion of the $ 1.3 billion 2019 Series F 4.22 % Senior Notes due November 1, 2024 and for general corporate purposes. </context>
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us-gaap:DebtInstrumentInterestRateStatedPercentage
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DTE Energy, DTE Electric, and DTE Gas have unsecured revolving credit agreements that can be used for general corporate borrowings, but are intended to provide liquidity support for each of the companies’ commercial paper programs. Borrowings under the revolvers are available at prevailing short-term interest rates. Letters of credit of up to $ 500 million may also be issued under the DTE Energy revolver. DTE Energy and DTE Electric also have other facilities to support letter of credit issuance and increase liquidity.
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500
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text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> DTE Energy, DTE Electric, and DTE Gas have unsecured revolving credit agreements that can be used for general corporate borrowings, but are intended to provide liquidity support for each of the companies’ commercial paper programs. Borrowings under the revolvers are available at prevailing short-term interest rates. Letters of credit of up to $ 500 million may also be issued under the DTE Energy revolver. DTE Energy and DTE Electric also have other facilities to support letter of credit issuance and increase liquidity. </context>
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us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
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Certain of DTE Energy’s credit facilities contain a provision requiring DTE Energy to maintain a total funded debt to capitalization ratio, as defined in the agreements, of no more than 0.70 to 1, which has the effect of limiting the amount of dividends DTE Energy can pay in order to maintain compliance with this provision. At December 31, 2024, the effect of this provision was a restriction on dividend payments to no more than $ 2.5 billion of DTE Energy's Retained earnings of $ 4.9 billion. There are no other effective limitations with respect to DTE Energy’s ability to pay dividends.
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4.9
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text: <entity> 4.9 </entity> <entity type> monetaryItemType </entity type> <context> Certain of DTE Energy’s credit facilities contain a provision requiring DTE Energy to maintain a total funded debt to capitalization ratio, as defined in the agreements, of no more than 0.70 to 1, which has the effect of limiting the amount of dividends DTE Energy can pay in order to maintain compliance with this provision. At December 31, 2024, the effect of this provision was a restriction on dividend payments to no more than $ 2.5 billion of DTE Energy's Retained earnings of $ 4.9 billion. There are no other effective limitations with respect to DTE Energy’s ability to pay dividends. </context>
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us-gaap:RetainedEarningsAccumulatedDeficit
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Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively.
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9
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text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context>
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us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
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Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively.
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8
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monetaryItemType
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text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context>
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us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
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Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively.
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11
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monetaryItemType
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text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense associated with DTE Energy's property under operating leases was $ 9 million, $ 8 million, and $ 11 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context>
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us-gaap:OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
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— Prior to the construction of major interstate natural gas pipelines, gas for heating and other uses was manufactured locally from processes involving coal, coke, or oil. The facilities, which produced gas, have been designated as MGP sites. DTE Electric conducted remedial investigations at contaminated sites, including three former MGP sites. The investigations at the former MGP sites have revealed contamination related to the by-products of gas manufacturing. Cleanup of one of the MGP sites is complete, and that site is closed. DTE Electric has also completed partial closure of one additional site. Cleanup activities associated with the remaining sites will continue over the next several years. In addition to the MGP sites, DTE Electric is also in the process of cleaning up other contaminated sites, including the area surrounding an ash landfill, electrical distribution substations, electric generating power plants, and underground and above ground storage tank locations. The findings of these investigations indicated that the estimated cost to remediate these sites is expected to be incurred over the next several years. At December 31, 2024 and 2023, DTE Electric had $ 10 million and $ 9 million, respectively, accrued for remediation. These costs are not discounted to their present value. Any change in assumptions, such as remediation techniques, nature and extent of contamination, and regulatory requirements, could impact the estimate of remedial action costs for the sites and affect DTE Electric’s financial position and cash flows. DTE Electric believes the likelihood of a material change to the accrued amount is remote based on current knowledge of the conditions at each site.
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10
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monetaryItemType
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text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> — Prior to the construction of major interstate natural gas pipelines, gas for heating and other uses was manufactured locally from processes involving coal, coke, or oil. The facilities, which produced gas, have been designated as MGP sites. DTE Electric conducted remedial investigations at contaminated sites, including three former MGP sites. The investigations at the former MGP sites have revealed contamination related to the by-products of gas manufacturing. Cleanup of one of the MGP sites is complete, and that site is closed. DTE Electric has also completed partial closure of one additional site. Cleanup activities associated with the remaining sites will continue over the next several years. In addition to the MGP sites, DTE Electric is also in the process of cleaning up other contaminated sites, including the area surrounding an ash landfill, electrical distribution substations, electric generating power plants, and underground and above ground storage tank locations. The findings of these investigations indicated that the estimated cost to remediate these sites is expected to be incurred over the next several years. At December 31, 2024 and 2023, DTE Electric had $ 10 million and $ 9 million, respectively, accrued for remediation. These costs are not discounted to their present value. Any change in assumptions, such as remediation techniques, nature and extent of contamination, and regulatory requirements, could impact the estimate of remedial action costs for the sites and affect DTE Electric’s financial position and cash flows. DTE Electric believes the likelihood of a material change to the accrued amount is remote based on current knowledge of the conditions at each site. </context>
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us-gaap:AccrualForEnvironmentalLossContingenciesGross
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— Prior to the construction of major interstate natural gas pipelines, gas for heating and other uses was manufactured locally from processes involving coal, coke, or oil. The facilities, which produced gas, have been designated as MGP sites. DTE Electric conducted remedial investigations at contaminated sites, including three former MGP sites. The investigations at the former MGP sites have revealed contamination related to the by-products of gas manufacturing. Cleanup of one of the MGP sites is complete, and that site is closed. DTE Electric has also completed partial closure of one additional site. Cleanup activities associated with the remaining sites will continue over the next several years. In addition to the MGP sites, DTE Electric is also in the process of cleaning up other contaminated sites, including the area surrounding an ash landfill, electrical distribution substations, electric generating power plants, and underground and above ground storage tank locations. The findings of these investigations indicated that the estimated cost to remediate these sites is expected to be incurred over the next several years. At December 31, 2024 and 2023, DTE Electric had $ 10 million and $ 9 million, respectively, accrued for remediation. These costs are not discounted to their present value. Any change in assumptions, such as remediation techniques, nature and extent of contamination, and regulatory requirements, could impact the estimate of remedial action costs for the sites and affect DTE Electric’s financial position and cash flows. DTE Electric believes the likelihood of a material change to the accrued amount is remote based on current knowledge of the conditions at each site.
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9
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monetaryItemType
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text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> — Prior to the construction of major interstate natural gas pipelines, gas for heating and other uses was manufactured locally from processes involving coal, coke, or oil. The facilities, which produced gas, have been designated as MGP sites. DTE Electric conducted remedial investigations at contaminated sites, including three former MGP sites. The investigations at the former MGP sites have revealed contamination related to the by-products of gas manufacturing. Cleanup of one of the MGP sites is complete, and that site is closed. DTE Electric has also completed partial closure of one additional site. Cleanup activities associated with the remaining sites will continue over the next several years. In addition to the MGP sites, DTE Electric is also in the process of cleaning up other contaminated sites, including the area surrounding an ash landfill, electrical distribution substations, electric generating power plants, and underground and above ground storage tank locations. The findings of these investigations indicated that the estimated cost to remediate these sites is expected to be incurred over the next several years. At December 31, 2024 and 2023, DTE Electric had $ 10 million and $ 9 million, respectively, accrued for remediation. These costs are not discounted to their present value. Any change in assumptions, such as remediation techniques, nature and extent of contamination, and regulatory requirements, could impact the estimate of remedial action costs for the sites and affect DTE Electric’s financial position and cash flows. DTE Electric believes the likelihood of a material change to the accrued amount is remote based on current knowledge of the conditions at each site. </context>
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us-gaap:AccrualForEnvironmentalLossContingenciesGross
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On May 8, 2024, the EPA finalized a new rule to regulate legacy CCR surface impoundments and CCR management units. The rule expands the reach of the CCR rule to inactive electric generation sites and previously unregulated CCR at any active facility. The rule also extends the dewatering and stabilization criteria of the closure in place performance standards to existing CCR landfills. DTE Electric has no legacy CCR surface impoundments, but does have existing CCR landfills and is evaluating sites for CCR management units. DTE Electric is in the process of evaluating the final rule, which may have significant financial impacts depending on the site-specific characteristics of the units that are regulated by the new rule. Long-term financial impacts cannot be clearly defined at this time and likely will not be clearly defined until the regulated units are identified. Challenges to the rule have been filed, and DTE Electric will continue to monitor for regulatory developments. The preliminary cost estimate to comply with the revised rule is approximately $ 289 million as of December 31, 2024, and is recorded to Asset retirement obligations. The estimate will be updated as necessary when site-specific details are more fully known. These costs are expected to be recoverable under the regulatory construct as part of removal costs.
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289
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text: <entity> 289 </entity> <entity type> monetaryItemType </entity type> <context> On May 8, 2024, the EPA finalized a new rule to regulate legacy CCR surface impoundments and CCR management units. The rule expands the reach of the CCR rule to inactive electric generation sites and previously unregulated CCR at any active facility. The rule also extends the dewatering and stabilization criteria of the closure in place performance standards to existing CCR landfills. DTE Electric has no legacy CCR surface impoundments, but does have existing CCR landfills and is evaluating sites for CCR management units. DTE Electric is in the process of evaluating the final rule, which may have significant financial impacts depending on the site-specific characteristics of the units that are regulated by the new rule. Long-term financial impacts cannot be clearly defined at this time and likely will not be clearly defined until the regulated units are identified. Challenges to the rule have been filed, and DTE Electric will continue to monitor for regulatory developments. The preliminary cost estimate to comply with the revised rule is approximately $ 289 million as of December 31, 2024, and is recorded to Asset retirement obligations. The estimate will be updated as necessary when site-specific details are more fully known. These costs are expected to be recoverable under the regulatory construct as part of removal costs. </context>
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us-gaap:AssetRetirementObligationsNoncurrent
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DTE Electric currently estimates the impact of the CCR and ELG rules to be $ 509 million of capital expenditures through 2029. This estimate may change in future periods as DTE Electric evaluates the CCR and ELG rules discussed above that have recently been finalized.
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509
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text: <entity> 509 </entity> <entity type> monetaryItemType </entity type> <context> DTE Electric currently estimates the impact of the CCR and ELG rules to be $ 509 million of capital expenditures through 2029. This estimate may change in future periods as DTE Electric evaluates the CCR and ELG rules discussed above that have recently been finalized. </context>
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us-gaap:LossContingencyEstimateOfPossibleLoss
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DTE Energy provided certain guarantees and indemnities in conjunction with the sales of interests in or lease of its previously operated REF facilities. The guarantees cover potential commercial, environmental, and tax-related obligations that will survive until 90 days after expiration of all applicable statutes of limitations. DTE Energy estimates that its maximum potential liability under these guarantees at December 31, 2024 was $ 216 million. Payments under these guarantees are considered remote.
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216
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text: <entity> 216 </entity> <entity type> monetaryItemType </entity type> <context> DTE Energy provided certain guarantees and indemnities in conjunction with the sales of interests in or lease of its previously operated REF facilities. The guarantees cover potential commercial, environmental, and tax-related obligations that will survive until 90 days after expiration of all applicable statutes of limitations. DTE Energy estimates that its maximum potential liability under these guarantees at December 31, 2024 was $ 216 million. Payments under these guarantees are considered remote. </context>
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us-gaap:GuaranteeObligationsMaximumExposure
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In certain limited circumstances, the Registrants enter into contractual guarantees. The Registrants may guarantee another entity’s obligation in the event it fails to perform and may provide guarantees in certain indemnification agreements. The Registrants may also provide indirect guarantees for the indebtedness of others. DTE Energy’s guarantees are not individually material with maximum potential payments totaling $ 69 million at December 31, 2024. Payments under these guarantees are considered remote.
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69
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text: <entity> 69 </entity> <entity type> monetaryItemType </entity type> <context> In certain limited circumstances, the Registrants enter into contractual guarantees. The Registrants may guarantee another entity’s obligation in the event it fails to perform and may provide guarantees in certain indemnification agreements. The Registrants may also provide indirect guarantees for the indebtedness of others. DTE Energy’s guarantees are not individually material with maximum potential payments totaling $ 69 million at December 31, 2024. Payments under these guarantees are considered remote. </context>
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us-gaap:GuaranteeObligationsMaximumExposure
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The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called.
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368
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text: <entity> 368 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called. </context>
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us-gaap:GuaranteeObligationsCurrentCarryingValue
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The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called.
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193
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text: <entity> 193 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called. </context>
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us-gaap:GuaranteeObligationsCurrentCarryingValue
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The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called.
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130
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text: <entity> 130 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants are periodically required to obtain performance surety bonds in support of obligations to various governmental entities and other companies in connection with its operations. As of December 31, 2024, DTE Energy had $ 368 million of performance bonds outstanding, including $ 193 million for DTE Electric. Performance bonds are not individually material, except for $ 130 million of bonds supporting Energy Trading operations. These bonds are meant to provide counterparties with additional assurance that Energy Trading will meet its contractual obligations for various commercial transactions. The terms of the bonds align with those of the underlying Energy Trading contracts and are estimated to be outstanding approximately 1 to 3 years. In the event that any performance bonds are called for nonperformance, the Registrants would be obligated to reimburse the issuer of the performance bond. The Registrants are released from the performance bonds as the contractual performance is completed and does not believe that a material amount of any currently outstanding performance bonds will be called. </context>
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us-gaap:GuaranteeObligationsCurrentCarryingValue
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There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric.
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51
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text: <entity> 51 </entity> <entity type> percentItemType </entity type> <context> There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric. </context>
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us-gaap:ConcentrationRiskPercentage1
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There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric.
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59
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percentItemType
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text: <entity> 59 </entity> <entity type> percentItemType </entity type> <context> There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric. </context>
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us-gaap:ConcentrationRiskPercentage1
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There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric.
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8
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percentItemType
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text: <entity> 8 </entity> <entity type> percentItemType </entity type> <context> There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric. </context>
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us-gaap:ConcentrationRiskPercentage1
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There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric.
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1
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percentItemType
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text: <entity> 1 </entity> <entity type> percentItemType </entity type> <context> There are several bargaining units for DTE Energy subsidiaries' approximately 4,800 represented employees, including DTE Electric's approximately 2,550 represented employees. This represents 51 % and 59 % of DTE Energy's and DTE Electric's total employees, respectively. Of these represented employees, approximately 8 % have contracts expiring within one year for DTE Energy. Less than 1 % of the represented employees have contracts expiring within one year for DTE Electric. </context>
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us-gaap:ConcentrationRiskPercentage1
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The agreements represent the minimum obligations with suppliers for renewable energy and renewable energy credits under existing contract terms which expire from 2030 through 2049. DTE Electric's share of plant output ranges from 28 % to 100 %. Purchase commitments for DTE Electric include affiliate agreements with DTE Sustainable Generation that are eliminated in consolidation for DTE Energy.
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28
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percentItemType
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text: <entity> 28 </entity> <entity type> percentItemType </entity type> <context> The agreements represent the minimum obligations with suppliers for renewable energy and renewable energy credits under existing contract terms which expire from 2030 through 2049. DTE Electric's share of plant output ranges from 28 % to 100 %. Purchase commitments for DTE Electric include affiliate agreements with DTE Sustainable Generation that are eliminated in consolidation for DTE Energy. </context>
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us-gaap:LongTermContractForPurchaseOfElectricPowerShareOfPlantOutputBeingPurchased
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The agreements represent the minimum obligations with suppliers for renewable energy and renewable energy credits under existing contract terms which expire from 2030 through 2049. DTE Electric's share of plant output ranges from 28 % to 100 %. Purchase commitments for DTE Electric include affiliate agreements with DTE Sustainable Generation that are eliminated in consolidation for DTE Energy.
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100
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percentItemType
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text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> The agreements represent the minimum obligations with suppliers for renewable energy and renewable energy credits under existing contract terms which expire from 2030 through 2049. DTE Electric's share of plant output ranges from 28 % to 100 %. Purchase commitments for DTE Electric include affiliate agreements with DTE Sustainable Generation that are eliminated in consolidation for DTE Energy. </context>
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us-gaap:LongTermContractForPurchaseOfElectricPowerShareOfPlantOutputBeingPurchased
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In June 2022, TAES and Toshiba Corporation filed a motion to dismiss the complaint, along with counterclaims seeking approximately $ 15 million in damages related to payments allegedly owed under the parties' contract. In September 2022, the motion to dismiss the complaint was denied. DTE Electric believes the outstanding counterclaims are without merit, but would be liable for 49 % of the damages if approved. In October 2022, the combined parties submitted a joint discovery plan to proceed with the litigation process and a potential trial during the second half of 2025. DTE Electric cannot predict the financial impact or outcome of this matter.
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15
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text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> In June 2022, TAES and Toshiba Corporation filed a motion to dismiss the complaint, along with counterclaims seeking approximately $ 15 million in damages related to payments allegedly owed under the parties' contract. In September 2022, the motion to dismiss the complaint was denied. DTE Electric believes the outstanding counterclaims are without merit, but would be liable for 49 % of the damages if approved. In October 2022, the combined parties submitted a joint discovery plan to proceed with the litigation process and a potential trial during the second half of 2025. DTE Electric cannot predict the financial impact or outcome of this matter. </context>
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us-gaap:LossContingencyDamagesSoughtValue
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In May 2023, the MPSC approved a jointly-filed request by DTE Electric and Consumers for authority to defer as a regulatory asset the costs associated with repairing or replacing the defective work performed by TAES while the litigation with TAES and Toshiba Corporation moves forward. DTE Electric currently estimates its share of these repair and replacement costs ranges from $ 350 million to $ 400 million. Such costs will be offset by any potential litigation proceeds received from TAES or Toshiba Corporation. DTE Electric and Consumers will have the opportunity to seek recovery and ratemaking treatment for amounts which are not recovered from TAES or Toshiba Corporation.
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350
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monetaryItemType
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text: <entity> 350 </entity> <entity type> monetaryItemType </entity type> <context> In May 2023, the MPSC approved a jointly-filed request by DTE Electric and Consumers for authority to defer as a regulatory asset the costs associated with repairing or replacing the defective work performed by TAES while the litigation with TAES and Toshiba Corporation moves forward. DTE Electric currently estimates its share of these repair and replacement costs ranges from $ 350 million to $ 400 million. Such costs will be offset by any potential litigation proceeds received from TAES or Toshiba Corporation. DTE Electric and Consumers will have the opportunity to seek recovery and ratemaking treatment for amounts which are not recovered from TAES or Toshiba Corporation. </context>
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us-gaap:LossContingencyEstimateOfPossibleLoss
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In May 2023, the MPSC approved a jointly-filed request by DTE Electric and Consumers for authority to defer as a regulatory asset the costs associated with repairing or replacing the defective work performed by TAES while the litigation with TAES and Toshiba Corporation moves forward. DTE Electric currently estimates its share of these repair and replacement costs ranges from $ 350 million to $ 400 million. Such costs will be offset by any potential litigation proceeds received from TAES or Toshiba Corporation. DTE Electric and Consumers will have the opportunity to seek recovery and ratemaking treatment for amounts which are not recovered from TAES or Toshiba Corporation.
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text
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400
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monetaryItemType
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text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> In May 2023, the MPSC approved a jointly-filed request by DTE Electric and Consumers for authority to defer as a regulatory asset the costs associated with repairing or replacing the defective work performed by TAES while the litigation with TAES and Toshiba Corporation moves forward. DTE Electric currently estimates its share of these repair and replacement costs ranges from $ 350 million to $ 400 million. Such costs will be offset by any potential litigation proceeds received from TAES or Toshiba Corporation. DTE Electric and Consumers will have the opportunity to seek recovery and ratemaking treatment for amounts which are not recovered from TAES or Toshiba Corporation. </context>
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us-gaap:LossContingencyEstimateOfPossibleLoss
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The Registrants’ policy is to fund pension costs by contributing amounts consistent with the provisions of the Pension Protection Act of 2006, and additional amounts when it deems appropriate. In 2024, DTE Energy made a nominal contribution to the qualified pension plans. In 2023 and 2022, DTE Gas transferred $ 50 million of non-represented qualified pension plan funds to DTE Electric in exchange for cash consideration. In addition, DTE Energy anticipates a transfer of up to $ 25 million of non-represented qualified pension plan funds from DTE Gas to DTE Electric in 2025, subject to management discretion and any changes in financial market conditions.
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text
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nominal
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monetaryItemType
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text: <entity> nominal </entity> <entity type> monetaryItemType </entity type> <context> The Registrants’ policy is to fund pension costs by contributing amounts consistent with the provisions of the Pension Protection Act of 2006, and additional amounts when it deems appropriate. In 2024, DTE Energy made a nominal contribution to the qualified pension plans. In 2023 and 2022, DTE Gas transferred $ 50 million of non-represented qualified pension plan funds to DTE Electric in exchange for cash consideration. In addition, DTE Energy anticipates a transfer of up to $ 25 million of non-represented qualified pension plan funds from DTE Gas to DTE Electric in 2025, subject to management discretion and any changes in financial market conditions. </context>
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us-gaap:DefinedBenefitPlanContributionsByEmployer
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DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges.
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text
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5
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monetaryItemType
|
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges. </context>
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us-gaap:DefinedBenefitPlanNetPeriodicBenefitCost
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DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges.
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text
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39
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monetaryItemType
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text: <entity> 39 </entity> <entity type> monetaryItemType </entity type> <context> DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges. </context>
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us-gaap:DefinedBenefitPlanNetPeriodicBenefitCost
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DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges.
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text
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101
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monetaryItemType
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text: <entity> 101 </entity> <entity type> monetaryItemType </entity type> <context> DTE Energy's subsidiaries are responsible for their share of qualified and non-qualified pension benefit costs. DTE Electric's allocated portion of pension benefit costs included in regulatory assets and liabilities, operation and maintenance expense, other income and deductions, and capital expenditures were credits of $ 5 million and $ 39 million for the years ended December 31, 2024 and 2023, respectively, and a cost of $ 101 million for the year ended December 31, 2022. These amounts may include recognized contractual termination benefit charges, curtailment gains, and settlement charges. </context>
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us-gaap:DefinedBenefitPlanNetPeriodicBenefitCost
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The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022.
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text
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4
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percentItemType
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text: <entity> 4 </entity> <entity type> percentItemType </entity type> <context> The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022. </context>
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us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
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The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022.
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text
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8
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percentItemType
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text: <entity> 8 </entity> <entity type> percentItemType </entity type> <context> The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022. </context>
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us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
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The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022.
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text
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76
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monetaryItemType
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text: <entity> 76 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022. </context>
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us-gaap:DefinedContributionPlanCostRecognized
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The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022.
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text
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75
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monetaryItemType
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text: <entity> 75 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022. </context>
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us-gaap:DefinedContributionPlanCostRecognized
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The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022.
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text
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73
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monetaryItemType
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text: <entity> 73 </entity> <entity type> monetaryItemType </entity type> <context> The Registrants also sponsor defined contribution retirement savings plans. Participation in one of these plans is available to substantially all represented and non-represented employees. For substantially all employees, the Registrants match employee contributions up to certain predefined limits based upon eligible compensation and the employee’s contribution rate. Additionally, for eligible represented and non-represented employees who do not participate in the Pension Plans, the Registrants contribute amounts equivalent to 4 % ( 8 % for certain DTE Gas represented employees) of an employee's eligible compensation to the employee's defined contribution retirement savings plan. For DTE Energy, the cost of these plans was $ 76 million, $ 75 million, and $ 73 million for the years ended December 31, 2024, 2023, and 2022, respectively. For DTE Electric, the cost of these plans was $ 35 million for the years ended December 31, 2024, 2023 and 2022. </context>
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us-gaap:DefinedContributionPlanCostRecognized
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Authorized limit is 20,162,716 shares of common stock;
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text
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20162716
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sharesItemType
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text: <entity> 20162716 </entity> <entity type> sharesItemType </entity type> <context> Authorized limit is 20,162,716 shares of common stock; </context>
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us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
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The fair value of awards vested were not material for the years ended December 31, 2024, 2023, and 2022. Compensation cost charged against income was $ 14 million for the years ended December 31, 2024 and 2023, and $ 15 million for the year ended December 31, 2022.
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text
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15
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monetaryItemType
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text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of awards vested were not material for the years ended December 31, 2024, 2023, and 2022. Compensation cost charged against income was $ 14 million for the years ended December 31, 2024 and 2023, and $ 15 million for the year ended December 31, 2022. </context>
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us-gaap:AllocatedShareBasedCompensationExpense
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DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively.
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text
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37
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monetaryItemType
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text: <entity> 37 </entity> <entity type> monetaryItemType </entity type> <context> DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively. </context>
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us-gaap:AllocatedShareBasedCompensationExpense
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DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively.
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text
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31
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monetaryItemType
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text: <entity> 31 </entity> <entity type> monetaryItemType </entity type> <context> DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively. </context>
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us-gaap:AllocatedShareBasedCompensationExpense
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DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively.
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text
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40
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monetaryItemType
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text: <entity> 40 </entity> <entity type> monetaryItemType </entity type> <context> DTE Electric received an allocation of costs from DTE Energy associated with stock-based compensation. DTE Electric's allocation for 2024, 2023, and 2022 for stock-based compensation expense was $ 37 million, $ 31 million, and $ 40 million, respectively. </context>
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us-gaap:AllocatedShareBasedCompensationExpense
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DTE Energy sets strategic goals, allocates resources, and evaluates performance based on the four reportable segments below. DTE Electric is a standalone registrant with one reportable segment.
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text
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four
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integerItemType
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text: <entity> four </entity> <entity type> integerItemType </entity type> <context> DTE Energy sets strategic goals, allocates resources, and evaluates performance based on the four reportable segments below. DTE Electric is a standalone registrant with one reportable segment. </context>
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us-gaap:NumberOfReportableSegments
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DTE Energy sets strategic goals, allocates resources, and evaluates performance based on the four reportable segments below. DTE Electric is a standalone registrant with one reportable segment.
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text
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one
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integerItemType
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text: <entity> one </entity> <entity type> integerItemType </entity type> <context> DTE Energy sets strategic goals, allocates resources, and evaluates performance based on the four reportable segments below. DTE Electric is a standalone registrant with one reportable segment. </context>
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us-gaap:NumberOfReportableSegments
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Inter-segment billing for the Electric segment relating to Non-utility operations includes $ 3 million for the years ended December 31, 2024 and 2023 and $ 6 million for the year ended December 31, 2022.
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text
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6
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monetaryItemType
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text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> Inter-segment billing for the Electric segment relating to Non-utility operations includes $ 3 million for the years ended December 31, 2024 and 2023 and $ 6 million for the year ended December 31, 2022. </context>
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us-gaap:UnregulatedOperatingRevenue
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DTE Electric's Accounts receivable and Accounts payable related to affiliates are payable upon demand and are generally settled in cash within a monthly business cycle. Notes receivable and Short-term borrowings related to affiliates are subject to a credit agreement with DTE Energy whereby short-term excess cash or cash shortfalls are remitted to or funded by DTE Energy. This credit arrangement involves the charge and payment of interest based on monthly commercial paper rates. The weighted average interest rate for DTE Electric's affiliate borrowings was 4.7 % and 5.6 % at December 31, 2024 and 2023, respectively. Refer to DTE Electric's Consolidated Statements of Financial Position for affiliate balances at December 31, 2024 and 2023.
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text
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4.7
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percentItemType
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text: <entity> 4.7 </entity> <entity type> percentItemType </entity type> <context> DTE Electric's Accounts receivable and Accounts payable related to affiliates are payable upon demand and are generally settled in cash within a monthly business cycle. Notes receivable and Short-term borrowings related to affiliates are subject to a credit agreement with DTE Energy whereby short-term excess cash or cash shortfalls are remitted to or funded by DTE Energy. This credit arrangement involves the charge and payment of interest based on monthly commercial paper rates. The weighted average interest rate for DTE Electric's affiliate borrowings was 4.7 % and 5.6 % at December 31, 2024 and 2023, respectively. Refer to DTE Electric's Consolidated Statements of Financial Position for affiliate balances at December 31, 2024 and 2023. </context>
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us-gaap:DebtWeightedAverageInterestRate
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DTE Electric's Accounts receivable and Accounts payable related to affiliates are payable upon demand and are generally settled in cash within a monthly business cycle. Notes receivable and Short-term borrowings related to affiliates are subject to a credit agreement with DTE Energy whereby short-term excess cash or cash shortfalls are remitted to or funded by DTE Energy. This credit arrangement involves the charge and payment of interest based on monthly commercial paper rates. The weighted average interest rate for DTE Electric's affiliate borrowings was 4.7 % and 5.6 % at December 31, 2024 and 2023, respectively. Refer to DTE Electric's Consolidated Statements of Financial Position for affiliate balances at December 31, 2024 and 2023.
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text
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5.6
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percentItemType
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text: <entity> 5.6 </entity> <entity type> percentItemType </entity type> <context> DTE Electric's Accounts receivable and Accounts payable related to affiliates are payable upon demand and are generally settled in cash within a monthly business cycle. Notes receivable and Short-term borrowings related to affiliates are subject to a credit agreement with DTE Energy whereby short-term excess cash or cash shortfalls are remitted to or funded by DTE Energy. This credit arrangement involves the charge and payment of interest based on monthly commercial paper rates. The weighted average interest rate for DTE Electric's affiliate borrowings was 4.7 % and 5.6 % at December 31, 2024 and 2023, respectively. Refer to DTE Electric's Consolidated Statements of Financial Position for affiliate balances at December 31, 2024 and 2023. </context>
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us-gaap:DebtWeightedAverageInterestRate
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A portion of BorgWarner’s total corporate expenses were allocated to the Company for services rendered by BorgWarner prior to the Spin-Off. These expenses included the cost of corporate functions and resources, including, but not limited to, executive management, finance, accounting, legal, human resources, research and development and sales. Additionally, a portion of the Company’s corporate expenses were allocated to BorgWarner for charges incurred related to subsidiaries of BorgWarner historically supported by the Company, primarily related to information technology. These expenses were allocated based on direct usage when identifiable or, when not directly identifiable, on the basis of proportional net revenues, legal entities, headcount or weighted-square footage, as applicable. The Company considers the basis on which the expenses have been allocated to reasonably reflect the utilization of services provided to, or the benefit received by, both the Company and BorgWarner during the periods presented. However, the allocations may not reflect the expenses the Company would have incurred if the Company had been a standalone company for the periods presented prior to July 3, 2023. The year ended December 31, 2023 included net corporate allocation expenses incurred prior to the Spin-Off totaling $ 89 million. For the year ended December 31, 2022, net corporate allocation expenses totaled $ 118 million. Corporate allocation expenses were primarily included in Selling, general and administrative expenses.
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text
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89
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monetaryItemType
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text: <entity> 89 </entity> <entity type> monetaryItemType </entity type> <context> A portion of BorgWarner’s total corporate expenses were allocated to the Company for services rendered by BorgWarner prior to the Spin-Off. These expenses included the cost of corporate functions and resources, including, but not limited to, executive management, finance, accounting, legal, human resources, research and development and sales. Additionally, a portion of the Company’s corporate expenses were allocated to BorgWarner for charges incurred related to subsidiaries of BorgWarner historically supported by the Company, primarily related to information technology. These expenses were allocated based on direct usage when identifiable or, when not directly identifiable, on the basis of proportional net revenues, legal entities, headcount or weighted-square footage, as applicable. The Company considers the basis on which the expenses have been allocated to reasonably reflect the utilization of services provided to, or the benefit received by, both the Company and BorgWarner during the periods presented. However, the allocations may not reflect the expenses the Company would have incurred if the Company had been a standalone company for the periods presented prior to July 3, 2023. The year ended December 31, 2023 included net corporate allocation expenses incurred prior to the Spin-Off totaling $ 89 million. For the year ended December 31, 2022, net corporate allocation expenses totaled $ 118 million. Corporate allocation expenses were primarily included in Selling, general and administrative expenses. </context>
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us-gaap:SellingGeneralAndAdministrativeExpense
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A portion of BorgWarner’s total corporate expenses were allocated to the Company for services rendered by BorgWarner prior to the Spin-Off. These expenses included the cost of corporate functions and resources, including, but not limited to, executive management, finance, accounting, legal, human resources, research and development and sales. Additionally, a portion of the Company’s corporate expenses were allocated to BorgWarner for charges incurred related to subsidiaries of BorgWarner historically supported by the Company, primarily related to information technology. These expenses were allocated based on direct usage when identifiable or, when not directly identifiable, on the basis of proportional net revenues, legal entities, headcount or weighted-square footage, as applicable. The Company considers the basis on which the expenses have been allocated to reasonably reflect the utilization of services provided to, or the benefit received by, both the Company and BorgWarner during the periods presented. However, the allocations may not reflect the expenses the Company would have incurred if the Company had been a standalone company for the periods presented prior to July 3, 2023. The year ended December 31, 2023 included net corporate allocation expenses incurred prior to the Spin-Off totaling $ 89 million. For the year ended December 31, 2022, net corporate allocation expenses totaled $ 118 million. Corporate allocation expenses were primarily included in Selling, general and administrative expenses.
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text
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118
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monetaryItemType
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text: <entity> 118 </entity> <entity type> monetaryItemType </entity type> <context> A portion of BorgWarner’s total corporate expenses were allocated to the Company for services rendered by BorgWarner prior to the Spin-Off. These expenses included the cost of corporate functions and resources, including, but not limited to, executive management, finance, accounting, legal, human resources, research and development and sales. Additionally, a portion of the Company’s corporate expenses were allocated to BorgWarner for charges incurred related to subsidiaries of BorgWarner historically supported by the Company, primarily related to information technology. These expenses were allocated based on direct usage when identifiable or, when not directly identifiable, on the basis of proportional net revenues, legal entities, headcount or weighted-square footage, as applicable. The Company considers the basis on which the expenses have been allocated to reasonably reflect the utilization of services provided to, or the benefit received by, both the Company and BorgWarner during the periods presented. However, the allocations may not reflect the expenses the Company would have incurred if the Company had been a standalone company for the periods presented prior to July 3, 2023. The year ended December 31, 2023 included net corporate allocation expenses incurred prior to the Spin-Off totaling $ 89 million. For the year ended December 31, 2022, net corporate allocation expenses totaled $ 118 million. Corporate allocation expenses were primarily included in Selling, general and administrative expenses. </context>
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us-gaap:SellingGeneralAndAdministrativeExpense
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The Company has an investment in one unconsolidated joint venture: Delphi-TVS Diesel Systems Ltd (D-TVS), of which the Company owns 52.5 %. This joint venture is a non-controlled affiliate in which the Company exercises significant influence but does not have a controlling financial interest and, therefore, is accounted for under the equity method. Although the Company is the majority owner, it does not have the ability to control significant decisions or management of the entity. The Company evaluated this investment under Accounting Standards Codification (ASC) Topic 810 and based on the following factors the Company does
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text
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52.5
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percentItemType
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text: <entity> 52.5 </entity> <entity type> percentItemType </entity type> <context> The Company has an investment in one unconsolidated joint venture: Delphi-TVS Diesel Systems Ltd (D-TVS), of which the Company owns 52.5 %. This joint venture is a non-controlled affiliate in which the Company exercises significant influence but does not have a controlling financial interest and, therefore, is accounted for under the equity method. Although the Company is the majority owner, it does not have the ability to control significant decisions or management of the entity. The Company evaluated this investment under Accounting Standards Codification (ASC) Topic 810 and based on the following factors the Company does </context>
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us-gaap:EquityMethodInvestmentOwnershipPercentage
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Generally, under the equity method, the Company’s original investment is recorded at cost and subsequently adjusted by the Company’s share of equity in income or losses. The carrying value of the Company’s investment was $ 51 million and $ 48 million as of December 31, 2024 and 2023, respectively. The Company monitors its equity method investments for indicators of other-than-temporary declines in fair value on an ongoing basis. If such a decline has occurred, an impairment charge is recorded, which is measured as the difference between the carrying value and the estimated fair value. The Company’s investment in this non-controlled affiliate is included within Investments and long-term receivables in the Consolidated Balance Sheets. The Company’s share of equity in income or losses is included in Equity in affiliates’ earnings, net of tax in the Consolidated Statements of Operations.
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text
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51
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monetaryItemType
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text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> Generally, under the equity method, the Company’s original investment is recorded at cost and subsequently adjusted by the Company’s share of equity in income or losses. The carrying value of the Company’s investment was $ 51 million and $ 48 million as of December 31, 2024 and 2023, respectively. The Company monitors its equity method investments for indicators of other-than-temporary declines in fair value on an ongoing basis. If such a decline has occurred, an impairment charge is recorded, which is measured as the difference between the carrying value and the estimated fair value. The Company’s investment in this non-controlled affiliate is included within Investments and long-term receivables in the Consolidated Balance Sheets. The Company’s share of equity in income or losses is included in Equity in affiliates’ earnings, net of tax in the Consolidated Statements of Operations. </context>
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us-gaap:EquityMethodInvestments
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Generally, under the equity method, the Company’s original investment is recorded at cost and subsequently adjusted by the Company’s share of equity in income or losses. The carrying value of the Company’s investment was $ 51 million and $ 48 million as of December 31, 2024 and 2023, respectively. The Company monitors its equity method investments for indicators of other-than-temporary declines in fair value on an ongoing basis. If such a decline has occurred, an impairment charge is recorded, which is measured as the difference between the carrying value and the estimated fair value. The Company’s investment in this non-controlled affiliate is included within Investments and long-term receivables in the Consolidated Balance Sheets. The Company’s share of equity in income or losses is included in Equity in affiliates’ earnings, net of tax in the Consolidated Statements of Operations.
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text
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48
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monetaryItemType
|
text: <entity> 48 </entity> <entity type> monetaryItemType </entity type> <context> Generally, under the equity method, the Company’s original investment is recorded at cost and subsequently adjusted by the Company’s share of equity in income or losses. The carrying value of the Company’s investment was $ 51 million and $ 48 million as of December 31, 2024 and 2023, respectively. The Company monitors its equity method investments for indicators of other-than-temporary declines in fair value on an ongoing basis. If such a decline has occurred, an impairment charge is recorded, which is measured as the difference between the carrying value and the estimated fair value. The Company’s investment in this non-controlled affiliate is included within Investments and long-term receivables in the Consolidated Balance Sheets. The Company’s share of equity in income or losses is included in Equity in affiliates’ earnings, net of tax in the Consolidated Statements of Operations. </context>
|
us-gaap:EquityMethodInvestments
|
The Company also has certain investments for which it does not have the ability to exercise significant influence (generally when ownership interest is less than 20 %). The Company’s investment in these equity securities is included within Investments and long-term receivables in the Consolidated Balance Sheet.
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text
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20
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percentItemType
|
text: <entity> 20 </entity> <entity type> percentItemType </entity type> <context> The Company also has certain investments for which it does not have the ability to exercise significant influence (generally when ownership interest is less than 20 %). The Company’s investment in these equity securities is included within Investments and long-term receivables in the Consolidated Balance Sheet. </context>
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us-gaap:MinorityInterestOwnershipPercentageByParent
|
In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.
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text
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7
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monetaryItemType
|
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. </context>
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us-gaap:ContractWithCustomerLiabilityCurrent
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In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.
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text
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3
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monetaryItemType
|
text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. </context>
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us-gaap:ContractWithCustomerLiabilityCurrent
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In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.
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text
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4
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monetaryItemType
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text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. </context>
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us-gaap:ContractWithCustomerLiabilityNoncurrent
|
In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.
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text
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6
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monetaryItemType
|
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. </context>
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us-gaap:ContractWithCustomerLiabilityCurrent
|
In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.
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text
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1
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monetaryItemType
|
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> In limited instances, certain customers have provided payments in advance of receiving related products, typically at the onset of an arrangement prior to the beginning of production. As of December 31, 2024, the balance of contract liabilities was $ 7 million, of which $ 3 million was reflected in Other current liabilities and $ 4 million was reflected as Other non-current liabilities. As of December 31, 2023, the balance of contract liabilities was $ 7 million, of which $ 6 million was reflected in Other current liabilities and $ 1 million was reflected as Other non-current liabilities. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years ) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period. </context>
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us-gaap:ContractWithCustomerLiabilityNoncurrent
|
Asset impairments: During the year ended December 31, 2024, the Company recorded impairment expense of $ 21 million related to the write down of property, plant and equipment associated with a Fuel Systems manufacturing plant in Europe. During the year ended December 31, 2022, the Company wound down its Aftermarket operation in Russia and recorded an impairment expense of $ 5 million for the impairment of an intangible asset related to this business.
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text
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21
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monetaryItemType
|
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> Asset impairments: During the year ended December 31, 2024, the Company recorded impairment expense of $ 21 million related to the write down of property, plant and equipment associated with a Fuel Systems manufacturing plant in Europe. During the year ended December 31, 2022, the Company wound down its Aftermarket operation in Russia and recorded an impairment expense of $ 5 million for the impairment of an intangible asset related to this business. </context>
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us-gaap:AssetImpairmentCharges
|
Asset impairments: During the year ended December 31, 2024, the Company recorded impairment expense of $ 21 million related to the write down of property, plant and equipment associated with a Fuel Systems manufacturing plant in Europe. During the year ended December 31, 2022, the Company wound down its Aftermarket operation in Russia and recorded an impairment expense of $ 5 million for the impairment of an intangible asset related to this business.
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text
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5
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monetaryItemType
|
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Asset impairments: During the year ended December 31, 2024, the Company recorded impairment expense of $ 21 million related to the write down of property, plant and equipment associated with a Fuel Systems manufacturing plant in Europe. During the year ended December 31, 2022, the Company wound down its Aftermarket operation in Russia and recorded an impairment expense of $ 5 million for the impairment of an intangible asset related to this business. </context>
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us-gaap:AssetImpairmentCharges
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Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment.
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text
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14
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monetaryItemType
|
text: <entity> 14 </entity> <entity type> monetaryItemType </entity type> <context> Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment. </context>
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us-gaap:RestructuringCharges
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Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment.
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text
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12
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monetaryItemType
|
text: <entity> 12 </entity> <entity type> monetaryItemType </entity type> <context> Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment. </context>
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us-gaap:RestructuringCharges
|
Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment.
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text
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11
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monetaryItemType
|
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> Restructuring: For the years ended December 31, 2024, 2023, and 2022, the Company recorded $ 14 million, $ 12 million and $ 11 million, respectively, of restructuring costs for individually approved restructuring actions that primarily related to reductions in headcount in the Fuel Systems segment. </context>
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us-gaap:RestructuringCharges
|
R&D income from Former Parent: The Company provided application testing and other R&D services for other BorgWarner businesses prior to the Spin-Off. For the years ended December 31, 2023 and 2022, the Company recognized income related to these services of $ 2 million and $ 11 million, respectively. Refer to Note 21, "Related Party," for further information.
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text
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2
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monetaryItemType
|
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> R&D income from Former Parent: The Company provided application testing and other R&D services for other BorgWarner businesses prior to the Spin-Off. For the years ended December 31, 2023 and 2022, the Company recognized income related to these services of $ 2 million and $ 11 million, respectively. Refer to Note 21, "Related Party," for further information. </context>
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us-gaap:ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
R&D income from Former Parent: The Company provided application testing and other R&D services for other BorgWarner businesses prior to the Spin-Off. For the years ended December 31, 2023 and 2022, the Company recognized income related to these services of $ 2 million and $ 11 million, respectively. Refer to Note 21, "Related Party," for further information.
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text
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11
|
monetaryItemType
|
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> R&D income from Former Parent: The Company provided application testing and other R&D services for other BorgWarner businesses prior to the Spin-Off. For the years ended December 31, 2023 and 2022, the Company recognized income related to these services of $ 2 million and $ 11 million, respectively. Refer to Note 21, "Related Party," for further information. </context>
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us-gaap:ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively.
|
text
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58
|
percentItemType
|
text: <entity> 58 </entity> <entity type> percentItemType </entity type> <context> The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
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us-gaap:EffectiveIncomeTaxRateContinuingOperations
|
The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively.
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text
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50
|
percentItemType
|
text: <entity> 50 </entity> <entity type> percentItemType </entity type> <context> The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
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us-gaap:EffectiveIncomeTaxRateContinuingOperations
|
The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively.
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text
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24
|
percentItemType
|
text: <entity> 24 </entity> <entity type> percentItemType </entity type> <context> The provision for income taxes resulted in an effective tax rate of approximately 58 %, 50 % and 24 % for the years ended December 31, 2024, 2023 and 2022, respectively. </context>
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us-gaap:EffectiveIncomeTaxRateContinuingOperations
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The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis.
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text
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5
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monetaryItemType
|
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis. </context>
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us-gaap:IncomeTaxExpenseBenefit
|
The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis.
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text
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6
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monetaryItemType
|
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis. </context>
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us-gaap:IncomeTaxExpenseBenefit
|
The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis.
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text
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8
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monetaryItemType
|
text: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> The Company’s effective tax rate was impacted beneficially by certain entities in China with the High and New Technology Enterprise (HNTE) status. The income tax benefit for HNTE status was approximately $ 5 million, $ 6 million and $ 8 million for the years ended December 31, 2024, 2023 and 2022, respectively. HNTE status is granted for three-year periods, and the Company seeks to renew such status on a regular basis. </context>
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us-gaap:IncomeTaxExpenseBenefit
|
In 2024, the Company recognized discrete tax expense of $ 21 million related to the establishment of a valuation allowance on its Polish operations as a result of the changes in judgment related to the recovery of its deferred tax assets. This expense was fully offset by a discrete tax benefit related to unremitted earnings as a result of change in structure and favorable provision to return adjustments in various jurisdictions.
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text
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21
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monetaryItemType
|
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> In 2024, the Company recognized discrete tax expense of $ 21 million related to the establishment of a valuation allowance on its Polish operations as a result of the changes in judgment related to the recovery of its deferred tax assets. This expense was fully offset by a discrete tax benefit related to unremitted earnings as a result of change in structure and favorable provision to return adjustments in various jurisdictions. </context>
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us-gaap:IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
In 2023, the Company recognized discrete tax benefits of $ 7 million, primarily due to certain unrecognized tax benefits and accrued interest related to a matter for which the statute of limitations had lapsed.
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text
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7
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monetaryItemType
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text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> In 2023, the Company recognized discrete tax benefits of $ 7 million, primarily due to certain unrecognized tax benefits and accrued interest related to a matter for which the statute of limitations had lapsed. </context>
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us-gaap:TaxAdjustmentsSettlementsAndUnusualProvisions
|
In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023.
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text
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21
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monetaryItemType
|
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023. </context>
|
us-gaap:IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023.
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text
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19
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percentItemType
|
text: <entity> 19 </entity> <entity type> percentItemType </entity type> <context> In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023. </context>
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us-gaap:EffectiveIncomeTaxRateContinuingOperations
|
In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023.
|
text
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25
|
percentItemType
|
text: <entity> 25 </entity> <entity type> percentItemType </entity type> <context> In 2022, the Company recognized a discrete tax benefit of $ 21 million related to an increase in its deferred tax assets as a result of an increase in the United Kingdom tax rate from 19 % to 25 %. This rate change was enacted in June 2021 and became effective April 2023. </context>
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us-gaap:EffectiveIncomeTaxRateContinuingOperations
|
The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively.
|
text
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6
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monetaryItemType
|
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively. </context>
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us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively.
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text
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4
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monetaryItemType
|
text: <entity> 4 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively. </context>
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us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively.
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text
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2
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monetaryItemType
|
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively. </context>
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us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively.
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text
|
1
|
monetaryItemType
|
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes interest and penalties related to unrecognized tax benefits in income tax expense and accrued approximately $ 6 million and $ 4 million for the payment of interest and penalties at December 31, 2024 and 2023, respectively. The Company recognized expense related to interest and penalties of $ 2 million and $ 1 million for the years ended December 31, 2024, and 2023, respectively. </context>
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us-gaap:UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
As of December 31, 2024, approximately $ 15 million represents the amount that, if recognized, would affect the Company's effective income tax rate in future periods.
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text
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15
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monetaryItemType
|
text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, approximately $ 15 million represents the amount that, if recognized, would affect the Company's effective income tax rate in future periods. </context>
|
us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
The Company estimates that it is reasonably possible there could be a decrease of approximately $ 9 million in unrecognized tax benefits and interest in the next 12 months related to the closure of an audit and the lapse in statute of limitations subsequent to the reporting period from certain taxing jurisdictions.
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text
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9
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monetaryItemType
|
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> The Company estimates that it is reasonably possible there could be a decrease of approximately $ 9 million in unrecognized tax benefits and interest in the next 12 months related to the closure of an audit and the lapse in statute of limitations subsequent to the reporting period from certain taxing jurisdictions. </context>
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us-gaap:UnrecognizedTaxBenefits
|
As of December 31, 2024, certain non-U.S. operations had net operating loss carryforwards totaling $ 1.4 billion, available to offset future taxable income. These carryforwards are subject to expiration at various dates from 2026 through 2044. The Company has a valuation allowance against $ 1.4 billion of these non-U.S. net operating loss carryforwards.
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text
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1.4
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monetaryItemType
|
text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, certain non-U.S. operations had net operating loss carryforwards totaling $ 1.4 billion, available to offset future taxable income. These carryforwards are subject to expiration at various dates from 2026 through 2044. The Company has a valuation allowance against $ 1.4 billion of these non-U.S. net operating loss carryforwards. </context>
|
us-gaap:OperatingLossCarryforwards
|
As of December 31, 2024, certain non-U.S. operations had net operating loss carryforwards totaling $ 1.4 billion, available to offset future taxable income. These carryforwards are subject to expiration at various dates from 2026 through 2044. The Company has a valuation allowance against $ 1.4 billion of these non-U.S. net operating loss carryforwards.
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text
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1.4
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monetaryItemType
|
text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, certain non-U.S. operations had net operating loss carryforwards totaling $ 1.4 billion, available to offset future taxable income. These carryforwards are subject to expiration at various dates from 2026 through 2044. The Company has a valuation allowance against $ 1.4 billion of these non-U.S. net operating loss carryforwards. </context>
|
us-gaap:OperatingLossCarryforwardsValuationAllowance
|
As of December 31, 2024, the Company recorded deferred tax liabilities of $ 51 million with respect to foreign unremitted earnings. The Company did not provide deferred tax liabilities with respect to certain book versus tax basis differences not represented by undistributed earnings of approximately $ 392 million as of December 31, 2024, because the Company continues to assert indefinite reinvestment of these basis differences. These basis differences would become taxable upon the sale or liquidation of the foreign subsidiaries. Based on the Company's structure, it is impracticable to determine the unrecognized deferred tax liability on these earnings. Actual tax liability, if any, would be dependent on circumstances existing when a repatriation, sale, or liquidation occurs.
|
text
|
51
|
monetaryItemType
|
text: <entity> 51 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Company recorded deferred tax liabilities of $ 51 million with respect to foreign unremitted earnings. The Company did not provide deferred tax liabilities with respect to certain book versus tax basis differences not represented by undistributed earnings of approximately $ 392 million as of December 31, 2024, because the Company continues to assert indefinite reinvestment of these basis differences. These basis differences would become taxable upon the sale or liquidation of the foreign subsidiaries. Based on the Company's structure, it is impracticable to determine the unrecognized deferred tax liability on these earnings. Actual tax liability, if any, would be dependent on circumstances existing when a repatriation, sale, or liquidation occurs. </context>
|
us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings
|
As of December 31, 2024, the Company recorded deferred tax liabilities of $ 51 million with respect to foreign unremitted earnings. The Company did not provide deferred tax liabilities with respect to certain book versus tax basis differences not represented by undistributed earnings of approximately $ 392 million as of December 31, 2024, because the Company continues to assert indefinite reinvestment of these basis differences. These basis differences would become taxable upon the sale or liquidation of the foreign subsidiaries. Based on the Company's structure, it is impracticable to determine the unrecognized deferred tax liability on these earnings. Actual tax liability, if any, would be dependent on circumstances existing when a repatriation, sale, or liquidation occurs.
|
text
|
392
|
monetaryItemType
|
text: <entity> 392 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2024, the Company recorded deferred tax liabilities of $ 51 million with respect to foreign unremitted earnings. The Company did not provide deferred tax liabilities with respect to certain book versus tax basis differences not represented by undistributed earnings of approximately $ 392 million as of December 31, 2024, because the Company continues to assert indefinite reinvestment of these basis differences. These basis differences would become taxable upon the sale or liquidation of the foreign subsidiaries. Based on the Company's structure, it is impracticable to determine the unrecognized deferred tax liability on these earnings. Actual tax liability, if any, would be dependent on circumstances existing when a repatriation, sale, or liquidation occurs. </context>
|
us-gaap:DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
|
The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense.
|
text
|
122
|
monetaryItemType
|
text: <entity> 122 </entity> <entity type> monetaryItemType </entity type> <context> The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense. </context>
|
us-gaap:ProceedsFromSaleAndCollectionOfReceivables
|
The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense.
|
text
|
152
|
monetaryItemType
|
text: <entity> 152 </entity> <entity type> monetaryItemType </entity type> <context> The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense. </context>
|
us-gaap:ProceedsFromSaleAndCollectionOfReceivables
|
The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense.
|
text
|
142
|
monetaryItemType
|
text: <entity> 142 </entity> <entity type> monetaryItemType </entity type> <context> The Company has arrangements with various financial institutions to sell eligible trade receivables from certain customers in North America and Europe. These arrangements can be terminated at any time subject to prior written notice. The receivables under these arrangements are sold without recourse to the Company and are, therefore, accounted for as true sales. During the years ended December 31, 2024, 2023 and 2022, the Company sold $ 122 million, $ 152 million and $ 142 million of receivables, respectively, under these arrangements. Additionally, during the same periods, expenses of $ 6 million, $ 9 million and $ 5 million, respectively, were recognized within interest expense. </context>
|
us-gaap:ProceedsFromSaleAndCollectionOfReceivables
|
Amortization of other intangible assets was $ 28 million for each of the years ended December 31, 2024, 2023 and 2022. The Company utilizes the straight-line method of amortization recognized over the estimated useful lives of the assets. The estimated future annual amortization expense, primarily for acquired intangible assets, is $ 27 million for each of the years 2025 through 2029 and $ 99 million thereafter.
|
text
|
99
|
monetaryItemType
|
text: <entity> 99 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of other intangible assets was $ 28 million for each of the years ended December 31, 2024, 2023 and 2022. The Company utilizes the straight-line method of amortization recognized over the estimated useful lives of the assets. The estimated future annual amortization expense, primarily for acquired intangible assets, is $ 27 million for each of the years 2025 through 2029 and $ 99 million thereafter. </context>
|
us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively.
|
text
|
7.9
|
percentItemType
|
text: <entity> 7.9 </entity> <entity type> percentItemType </entity type> <context> The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively. </context>
|
us-gaap:ShortTermDebtWeightedAverageInterestRate
|
The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively.
|
text
|
6.7
|
percentItemType
|
text: <entity> 6.7 </entity> <entity type> percentItemType </entity type> <context> The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively. </context>
|
us-gaap:DebtWeightedAverageInterestRate
|
The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively.
|
text
|
8.8
|
percentItemType
|
text: <entity> 8.8 </entity> <entity type> percentItemType </entity type> <context> The weighted average interest rate on short-term borrowings outstanding as of December 31, 2023 was 7.9 %. The weighted average interest rate on all borrowings outstanding as of December 31, 2024 and 2023 was 6.7 % and 8.8 %, respectively. </context>
|
us-gaap:DebtWeightedAverageInterestRate
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
1.225
|
monetaryItemType
|
text: <entity> 1.225 </entity> <entity type> monetaryItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
500
|
monetaryItemType
|
text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
300
|
monetaryItemType
|
text: <entity> 300 </entity> <entity type> monetaryItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:DebtInstrumentFaceAmount
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
425
|
monetaryItemType
|
text: <entity> 425 </entity> <entity type> monetaryItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:DebtInstrumentFaceAmount
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
6.75
|
percentItemType
|
text: <entity> 6.75 </entity> <entity type> percentItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:DebtInstrumentInterestRateStatedPercentage
|
On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below.
|
text
|
6.625
|
percentItemType
|
text: <entity> 6.625 </entity> <entity type> percentItemType </entity type> <context> On July 3, 2023, the Company entered into a $ 1.225 billion Credit Agreement (as amended, the Credit Agreement) consisting of a $ 500 million revolving credit facility (the Revolving Facility), a $ 300 million Term Loan A Facility (the Term Loan A Facility) and a $ 425 million Term Loan B Facility (the Term Loan B Facility; together with the Revolving Facility and the Term Loan A Facility, collectively, the Facilities) in connection with the Spin-Off that occurred on the same date, maturing on July 3, 2028. The Credit Agreement contains customary covenants relating to us and our subsidiaries concerning, among other things, investments, dispositions of assets, indebtedness, liens on assets, and dividends and other distributions. The Credit Agreement also contains financial covenants related to the total net leverage ratio as discussed below and the consolidated interest coverage ratio of the Company, determined as of the end of each fiscal quarter, to be at least 3.00 to 1.00. The Term Loan B Facility was fully repaid in connection with the issuance of the 6.75 % Senior Secured Notes due 2029 on April 4, 2024, as discussed below. The Term Loan A Facility was fully repaid in connection with the issuance of the 6.625 % Senior Notes due 2032 on September 17, 2024, as discussed below. </context>
|
us-gaap:DebtInstrumentInterestRateStatedPercentage
|
As of December 31, 2023, the Company had $ 75 million in borrowings under these facilities, which are reported in Short-term borrowings and current portion of long-term debt on the Consolidated Balance Sheets. The Company utilized its committed revolving credit facility for short-term working capital requirements. As of December 31, 2024, the Company had no outstanding borrowings under the Revolving Facility, and availability of $ 499 million.
|
text
|
75
|
monetaryItemType
|
text: <entity> 75 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, the Company had $ 75 million in borrowings under these facilities, which are reported in Short-term borrowings and current portion of long-term debt on the Consolidated Balance Sheets. The Company utilized its committed revolving credit facility for short-term working capital requirements. As of December 31, 2024, the Company had no outstanding borrowings under the Revolving Facility, and availability of $ 499 million. </context>
|
us-gaap:ShortTermBorrowings
|
As of December 31, 2023, the Company had $ 75 million in borrowings under these facilities, which are reported in Short-term borrowings and current portion of long-term debt on the Consolidated Balance Sheets. The Company utilized its committed revolving credit facility for short-term working capital requirements. As of December 31, 2024, the Company had no outstanding borrowings under the Revolving Facility, and availability of $ 499 million.
|
text
|
no
|
monetaryItemType
|
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, the Company had $ 75 million in borrowings under these facilities, which are reported in Short-term borrowings and current portion of long-term debt on the Consolidated Balance Sheets. The Company utilized its committed revolving credit facility for short-term working capital requirements. As of December 31, 2024, the Company had no outstanding borrowings under the Revolving Facility, and availability of $ 499 million. </context>
|
us-gaap:ShortTermBorrowings
|
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