View source for NRC-16-0074, Price-Anderson Act Guarantee of Payment of Deferred Premiums - Consolidated Statements of Cash Flows for Three Years as of 12/31/2015 (Audited) and 09/30/2016 (Unaudited)

{{Adams
| number = ML16334A386
| issue date = 11/28/2016
| title = Price-Anderson Act Guarantee of Payment of Deferred Premiums - Consolidated Statements of Cash Flows for Three Years as of 12/31/2015 (Audited) and 09/30/2016 (Unaudited)
| author name = Maglio S
| author affiliation = DTE Energy
| addressee name = 
| addressee affiliation = NRC/Document Control Desk, NRC/NRR
| docket = 05000341
| license number = NPF-043
| contact person = 
| case reference number = NRC-16-0074
| document type = Financial Assurance Document, Letter type:NRC
| page count = 4
}}

=Text=
{{#Wiki_filter:DTE Energy Company 6400 North Dixie Highway Newport, MI 48166 DTE Energy-10 CFR 140.21 November 28, 2016 NRC-16-0074 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington     D C 20555-0001

==Reference:==
Fermi 2 NRC Docket No. 50-341 NRC Operating License No. NPF-43

==Subject:==
Price-Anderson Act Guarantee of Payment of Deferred Premiums Enclosed, please find Consolidated Statements of Cash Flows for three years as of December 31, 2015 (audited) and September 30, 2016 (unaudited). These statements have been prepared in accordance with Generally Accepted Accounting Principals (GAAP) and the Secondary Financial Protection section of the amended Price-Anderson Act.
Should you have any questions or require additional information, please contact me at (734) 586-5076.
Sincerely, AA4A, A\
Scott A. Maglio Manager - Nuclear Licensing Enclosure cc: NRC Project Manager NRC Resident Office Reactor Projects Chief, Branch 5, Region III Regional Administrator, Region III Michigan Public Service Commission Regulated Energy Division (kindschl @michigan.gov)

Enclosure to NRC-16-0074 DTE Energy Company Consolidated Statements of Cash Flows

DTE Energy Company Consolidated Statements of Cash Flows (Unaudited)
Nine Months Ended September 30, 2016                2015 Operating Activities                                                                                            (In millions)
Net Income                                                                                        $              710    $            643 Adjustments to reconcile Net Income to net cash from operating activities:
Depreciation and amortization                                                                               702                 625 Nuclear fuel amortization                                                                                     44                  40 Allowance for equity funds used during construction                                                          (15)                (16)
Deferred income taxes                                                                                       244                 251 Equity earnings of equity method investees                                                                   (49)                (49)
Dividends from equity method investees                                                                        52                  49 Asset (gains) losses and impairments, net                                                                     -                      9 Changes in assets and liabilities:
Accounts receivable, net                                                                                        6               277 Inventories                                                                                                   10                 (36)
Accounts payable                                                                                              39               (125)
Accrued pension liability                                                                                      (1)             (160)
Accrued postretirement liability                                                                             (80)              (213)
Derivative assets and liabilities                                                                           122                   32 Regulatory assets and liabilities                                                                             93                  35 Other current and noncurrent assets and liabilities                                                        (110)                111 Net cash from operating activities                                                                             1,767               1,473 Investing Activities Plant and equipment expenditures     - utility                                                               (1,267)             (1,239)
Plant and equipment expenditures - non-utility                                                                   (75)              (162)
Acquisition                                                                                                       -                (241)
Proceeds from sale of assets                                                                                      -                    16 Restricted cash for debt redemption, principally Securitization, net                                                 2                 99 Proceeds from sale of nuclear decommissioning trust fund assets                                                1,135                 627 Investment in nuclear decommissioning trust funds                                                            (1,140)               (638)
Distributions from equity method investees                                                                          8                  13 Contributions to equity method investees                                                                       (199)                 (58)
Other                                                                                                             33                   11 Net cash used for investing activities                                                                        (1,503)             (1,572)
Financing Activities Issuance of long-term debt, net of issuance costs                                                               646                 956 Redemption of long-term debt                                                                                   (322)               (260)
Repurchase of long-term debt                                                                                     (59)                 -
Short-term borrowings, net                                                                                       (89)              (213)
Issuance of common stock                                                                                          -                      9 Repurchase of common stock                                                                                       (33)                 -
Dividends on common stock                                                                                      (393)               (370)
Other                                                                                                              15                  (4)
Net cash from (used for) financing activities                                                                  (235)                 118 Net Increase in Cash and Cash Equivalents                                                                           29                    19 Cash and Cash Equivalents at Beginning of Period                                                                    37                   48 Cash and Cash Equivalents at End of Period                                                         $                66   $               67 Supplemental disclosure of non-cash investing and financing activities Plant and equipment expenditures in accounts payable                                              $              168   $             185 See Combined Notes to Consolidated Financial Statements (Unaudited) 9

DTE Energy Company Consolidated Statements of Cash Flows Year Ended December 31, 2015                 2014              2013 Operating Activities                                                                                        (In millions)
Net Income                                                                           $            720    $              911    $          668 Adjustments to reconcile Net Income to net cash from operating activities:
Depreciation and amortization                                                                852                 1,145            1,094 Nuclear fuel amortization                                                                      46                    48               38 Allowance for equity funds used during construction                                           (21)                  (21)             (15)
Deferred income taxes                                                                        237                   356               164 Equity earnings of equity method investees                                                    (66)                  (48)             (59)
Dividends from equity method investees                                                         64                    55                61 Asset (gains) losses and impairments, net                                                    107                      (4)              (8)
Changes in assets and liabilities:
Accounts receivable, net                                                                     259                     48            (154)
Inventories                                                                                     1                 (177)              123 Accounts payable                                                                            (158)                  128                 14 Accrued pension liability                                                                   (147)                  627             (644)
Accrued postretirement liability                                                            (287)                   165            (526)
Derivative assets and liabilities                                                              47                 (199)              107 Regulatory assets and liabilities                                                              85               (1,177)           1,269 Other current and noncurrent assets and liabilities                                          172                    (18)              22 Net cash from operating activities                                                              1,911                 1,839            2,154 Investing Activities Plant and equipment expenditures - utility                                                    (1,817)               (1,784)          (1,534)
Plant and equipment expenditures - non-utility                                                  (203)                 (265)            (342)
Acquisition                                                                                      (241)
Proceeds from sale of assets                                                                       16                    45                36 Restricted cash for debt redemption, principally Securitization, net                               97                      3               (1)
Proceeds from sale of nuclear decommissioning trust fund assets                                  885                 1,146            1,118 Investment in nuclear decommissioning trust funds                                               (898)               (1,156)          (1,134)
Distributions from equity method investees                                                          19                     13                8 Contributions to equity method investees                                                          (98)                  (42)             (21)
Other                                                                                              36                   (20)             (36)
Net cash used for investing activities                                                         (2,204)               (2,060)          (1,906)
Financing Activities Issuance of long-term debt, net of issuance costs                                                956                 1,736            1,234 Redemption of long-term debt                                                                    (286)               (1,237)            (961)
Short-term borrowings, net                                                                       101                   267             (109)
Issuance of common stock                                                                            9                    -                 39 Repurchase of common stock                                                                                              (52)
Dividends on common stock                                                                       (501)                 (470)             (445)
Other                                                                                               3                   (27)             (19)
Net cash from (used for) financing activities                                                    282                   217              (261)
Net Decrease in Cash and Cash Equivalents                                                           (11)                    (4)             (13)
Cash and Cash Equivalents at Beginning of Period                                                     48                    52                65 Cash and Cash Equivalents at End of Period                                            $              37   $                48   $            52 Supplemental disclosure of cash information Cash paid (received) for:
Interest, net of interest capitalized                                             S            428    $              415    $          418 Income taxes                                                                      $              14   $               (35)  $          121 Supplemental disclosure of non-cash investing and financing activities Plant and equipment expenditures in accounts payable                                $            207    $              212    $          329 See Combined Notes to Consolidated Financial Statements 57}}