DT Midstream, Inc 10-K for FY2022

DT Midstream, Inc. (DTM)

10-K 2023-02-16 For: 2022-12-31

Added on April 12, 2026

About this 10-K

DT Midstream, Inc filed this 10-K on February 16, 2023, covering the fiscal year ended December 31, 2022 (FY2022).

Headline figures

Fiscal year ended December 31, 2022, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $920M; up 9.5% from $840M a year earlier
Net income: $370M; up 20.5% from net income of $307M a year earlier
Diluted EPS: $3.81; up 20.6% from $3.16 a year earlier

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Delaware						38-2663964
(State or other jurisdiction of incorporation or organization)						(I.R.S Employer Identification No.)


Description						Shares
Common stock, par value $0.01						96,888,357


		Page
	Definitions	1
	Forward-Looking Statements	3
PART I
Items 1. and 2.	Business and Properties	5
Item 1A.	Risk Factors	24
Item 1B.	Unresolved Staff Comments	39
Item 3.	Legal Proceedings	39
Item 4.	Mine Safety Disclosures	39
PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities	40

Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	42
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	52
Item 8.	Financial Statements	53
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	89
Item 9A.	Controls and Procedures	89
Item 9B.	Other Information	89
Item 9C.	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections	89
PART III
Item 10.	Directors, Executive Officers, and Corporate Governance	90
Item 11.	Executive Compensation	90
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	90
Item 13.	Certain Relationships and Related Transactions, and Director Independence	90
Item 14.	Principal Accountant Fees and Services	90
PART IV
Item 15.	Exhibits and Financial Statement Schedules	91
Item 16.	Form 10-K Summary	93
	Signatures	94


Appalachia Gathering System						A 139-mile pipeline delivering Marcellus shale gas to the Texas Eastern Pipeline and Stonewall Gas Gathering

ASU						Accounting Standards Update issued by the FASB

Bcf/d						Billion cubic feet of natural gas per day

Birdsboro Pipeline						A 14-mile interstate pipeline delivering gas supply to a gas-fired power plant in Pennsylvania

Blue Union						Blue Union Gathering System, a 355-mile gathering system delivering shale gas production from the Haynesville formation of Louisiana to markets in the Gulf Coast region

Bluestone						Bluestone Gathering Lateral Pipeline, a 65-mile lateral pipeline and two compression facilities gathering Marcellus shale gas to the Millennium Pipeline and the Tennessee Pipeline

Columbia Pipeline						Columbia Gas Transmission, LLC, owned by TC Energy Corporation

COVID-19						Coronavirus disease of 2019

Credit Agreement						DT Midstream's Credit Agreement provides for the Term Loan Facility and Revolving Credit Facility

Distribution						Pro rata distribution to DTE Energy shareholders of all the outstanding common stock of DT Midstream upon the Separation

DT Midstream						DT Midstream, Inc., and its consolidated subsidiaries

DTE Energy						DTE Energy Company, the consolidating entity of DT Midstream prior to the Separation

EPA						U.S. Environmental Protection Agency

ESG						Environmental, social and corporate governance

FASB						Financial Accounting Standards Board

FERC						Federal Energy Regulatory Commission

GAAP						Generally Accepted Accounting Principles in the United States

Generation Pipeline						A 25-mile intrastate pipeline located in northern Ohio and owned by NEXUS

Haynesville System						System is comprised of LEAP, Blue Union and associated facilities

Information Statement						Information Statement filed as Exhibit 99.1 to the Form 10 in connection with the Separation, as filed with the Securities and Exchange Commission on May 26, 2021

LDCs						Local distribution companies

LEAP						Louisiana Energy Access Project gathering lateral pipeline, a 155-mile pipeline gathering Haynesville shale gas to markets in the Gulf Coast region

LIBOR						London Inter-Bank Offered Rates

LNG						Liquefied natural gas

Michigan Gathering System						A 328-mile pipeline system in northern Michigan

Millennium Pipeline						A 263-mile interstate pipeline and compression facilities owned by Millennium Pipeline Company, LLC serving markets in the northeast and supply from the northeast Marcellus region. Historically, DT Midstream owned a 26.25% interest in Millennium Pipeline. On October 7, 2022, DT Midstream purchased an additional 26.25% interest, which increased DT Midstream's total ownership interest to 52.50%

MVCs						Minimum volume commitments

National Grid						National Grid Millennium LLC

NYSE						New York Stock Exchange


NEXUS						NEXUS Gas Transmission, LLC, a joint venture which owns (i) a 256-mile interstate pipeline and three compression facilities transporting Utica and Marcellus shale gas to Ohio, Michigan and Ontario market centers and (ii) Generation Pipeline, in which DT Midstream owns a 50% interest

Project Canary						Project Canary, a Denver-based Public Benefit Corp, is a provider of independent environmental performance certification and continuous emissions monitoring technology

Revolving Credit Facility						DT Midstream's secured revolving credit facility issued under the Credit Agreement

SEC						Securities and Exchange Commission

Separation						The separation and spin-off of DT Midstream from DTE Energy, effective July 1, 2021

Separation and Distribution Agreement						The Separation and Distribution Agreement with DTE Energy was established before the Distribution to set forth DT Midstream's agreements with DTE Energy regarding the principal actions to be taken in connection with the Separation, as well as other agreements that govern aspects of DT Midstream's relationship with DTE Energy following the Separation

SOFR						Secured Overnight Financing Rate

South Romeo						South Romeo Gas Storage Corporation, a joint venture which owns the Washington 28 Storage Complex, in which DT Midstream owns a 50% interest

Southwestern Energy						Southwestern Energy Company and/or its affiliates

Stonewall Gas Gathering						Stonewall Gas Gathering Lateral Pipeline, a 68-mile pipeline in which DT Midstream owns an 85% interest, gathering Marcellus/Utica natural gas to the Columbia Pipeline

Susquehanna Gathering System						A 198-mile pipeline delivering Marcellus shale gas production to Bluestone

Tax Matters Agreement						The agreement that governs the respective rights, responsibilities and obligations of DTE Energy and DT Midstream after the Separation with respect to all tax matters

Tennessee Pipeline						Tennessee Gas Pipeline Company, LLC, owned by Kinder Morgan, Inc.

Term Loan Facility						DT Midstream's term loan facility issued under the Credit Agreement

Texas Eastern Pipeline						Texas Eastern Transmission, LP, owned by Enbridge Inc.

Tioga Gathering System						A 3-mile pipeline delivering production gas to the Dominion Transmission interconnect

Topic 606						FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, as amended

U.S.						United States of America

USD						United States Dollar ($)

Vector Pipeline						A 348-mile interstate pipeline and five compression facilities connecting Illinois, Michigan, and Ontario market centers, in which DT Midstream owns a 40% interest

VIE						Variable Interest Entity

Washington 10 Storage Complex						A storage system located in Michigan with 94 Bcf of storage capacity, in which DT Midstream owns a 91% interest

2029 Notes						Senior unsecured notes of $1.1 billion in aggregate principal amount due June 2029

2031 Notes						Senior unsecured notes of $1.0 billion in aggregate principal amount due June 2031

2032 Notes						Senior secured notes of $600 million in aggregate principal amount due April 2032


	Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants, and Rights (a)	Weighted-Average Exercise Price of Outstanding Options, Warrants, and Rights		Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans
DT Midstream, Inc. Long-Term Incentive Plan	901,894	$	—	3,768,578


	Base Period	Indexed Returns
Company/Index	July 1, 2021	September 30, 2021	December 31, 2021	March 31, 2022	June 30, 2022	September 30, 2022	December 31, 2022
DT Midstream	100.00	111.51	117.18	134.10	122.74	131.41	141.56
S&P 500 Index	100.00	100.05	111.07	105.96	88.90	84.56	90.94
Alerian Midstream Energy Index	100.00	98.00	97.63	120.99	110.52	109.41	118.56



		Year Ended December 31,
		2022		2021		2020
	(millions, except per share amounts)
Operating revenues		$	920	$	840	$	754
Net Income Attributable to DT Midstream		370		307		312
Diluted Earnings per Common Share		$	3.81	$	3.16	$	3.23


	2023		2024		2025		2026		2027 and Thereafter
	(millions)
Short-term borrowings (a)	$	330	$	—	$	—	$	—	$	—
Long-Term Debt:
Senior Notes (b)	—		—		—		—		2,100
Senior Secured Notes (c)	—		—		—		—		600
Term Loan Facility (d)	—		—		—		—		399
Letters of Credit	—		—		—		—		39
Interest Expense (e)	127		125		125		125		467
Operating Leases	16		9		3		1		8
Other Purchase Commitments	11		13		12		11		56
Total Obligations	$	484	$	147	$	140	$	137	$	3,669


Reporting Unit	Goodwill		Weighted Average Costs of Capital		Fair Value Reduction % (a)		Valuation Methodology (b)
	(millions)
Pipeline	$	53	9.0	%	52	%	DCF
Gathering	420		9.2	%	8	%	DCF
	$	473


			Page
Report of Independent Registered Public Accounting Firm (PCAOB ID 238)			54
Consolidated Statements of Operations			56
Consolidated Statements of Comprehensive Income			57
Consolidated Statements of Financial Position			58
Consolidated Statements of Cash Flows			60
Consolidated Statements of Changes in Stockholders' Equity/Member's Equity			61
Notes to Consolidated Financial Statements			62
Note 1 — Description of the Business and Basis of Presentation			62
Note 2 — Significant Accounting Policies			66
Note 3 — New Accounting Pronouncements			68
Note 4 — Revenue			68
Note 5 — Goodwill			71
Note 6 — Property, Plant, and Equipment and Intangible Assets			71
Note 7 — Income Taxes			72
Note 8 — Earnings Per Share and Dividends			75
Note 9 — Fair Value			76
Note 1 0 — Debt			77
Note 11 — Leases			79
Note 1 2 — Commitments and Contingencies			81
Note 1 3 — Stock-Based Compensation and Defined Contribution Plans			82
Note 1 4 — Segment and Related Information			85
Note 1 5 — Related Party Transactions			87
Note 1 6 — Subsequent Event			88



	December 31,
	2022		2021
	(millions)
ASSETS
Current Assets
Cash and cash equivalents	$	61	$	132
Accounts receivable (net of $— allowance for expected credit loss for each period end)	161		169
Notes receivable
Third party	—		5
Related party	—		4
Deferred property taxes	22		25
Other	18		25
	262		360
Investments
Investments in equity method investees	2,200		1,691

Property
Property, plant, and equipment	4,534		4,109
Accumulated depreciation	(728)		(619)
	3,806		3,490
Other Assets
Goodwill	473		473
Long-term notes receivable
Third party	—		2
Related party	4		—
Operating lease right-of-use assets	31		36
Intangible assets, net	2,025		2,082
Other	32		32
	2,565		2,625
Total Assets	$	8,833	$	8,166


				Additional Paid In Capital		Retained Earnings		Accumulated Other Comprehensive Income (Loss)		Noncontrolling Interests
	Common Stock
	Shares	Amount										Total
	(dollars in millions, shares in thousands)
Balance, December 31, 2019	—	$	—	$	3,081	$	501	$	(13)	$	155	$	3,724
Net Income	—	—		—		312		—		12		324
Distributions to noncontrolling interests	—	—		—		—		—		(12)		(12)
Taxes and other adjustments	—	—		252		(62)		—		—		190
Other comprehensive income, net of tax	—	—		—		—		2		—		2
Balance, December 31, 2020	—	$	—	$	3,333	$	751	$	(11)	$	155	$	4,228
Net Income	—	—		—		307		—		11		318
Reorganization to C Corporation(a)	1	—		—		—		—		—		—
Issuance of common shares to DTE Energy(b)	96,731	1		—		—		—		—		1
Dividend to DTE Energy	—	—		—		(501)		—		—		(501)
Dividends declared on common stock ($1.20 per common share)	—	—		—		(116)		—		—		(116)
Distributions to noncontrolling interests	—	—		—		—		—		(16)		(16)
Stock-based compensation	2	—		8		—		—		—		8
Taxes and other adjustments	—	—		109		(10)		—		(1)		98
Other comprehensive income, net of tax	—	—		—		—		1		—		1
Balance, December 31, 2021	96,734	$	1	$	3,450	$	431	$	(10)	$	149	$	4,021
Net Income	—	—		—		370		—		12		382
Dividends declared on common stock ($2.56 per common share)	—	—		—		(248)		—		—		(248)
Distributions to noncontrolling interests	—	—		—		—		—		(14)		(14)
Stock-based compensation	78	—		17		(2)		—		—		15
Repurchase of common stock	(57)	—		—		(3)		—		—		(3)
Taxes and other adjustments	—	—		2		(1)		—		—		1

Balance, December 31, 2022	96,755	$	1	$	3,469	$	547	$	(10)	$	147	$	4,154


	Investments As of				% Owned As of

	December 31,				December 31,
Equity Method Investee	2022		2021		2022	2021


	(millions)
NEXUS	$	1,313	$	1,348	50%	50%
Vector Pipeline	135		136		40%	40%
Millennium Pipeline	752		207		52.5%	26.25%
Total investments in equity method investees	$	2,200	$	1,691


Footnote						Title
Note 4						Revenue
Note 7						Income Taxes
Note 9						Fair Value
Note 11						Leases


	December 31,
	2022		2021
	(millions)
Current assets	$	198	$	201
Non-current assets	4,160		4,300
Current liabilities	206		225
Non-current liabilities	$	476	$	521


	2022		2021
	(millions)
Balance at January 1	$	28	$	23
Increases due to cash received or receivable, excluding amounts recognized as revenue during the period	13		8
Revenue recognized that was included in the balance at the beginning of the period	(9)		(3)

Balance at December 31	$	32	$	28


	Average Estimated Useful Life	December 31,
		2022		2021
	(years)	(millions)
Property, plant, and equipment
Land and other non-depreciable assets	N/A	$	97	$	97
Rights of way and easements	25 to 40	103		103
Pipelines and interconnects	25 to 40	2,845		2,816
Facilities and processing plants	7 to 40	998		976
Wells and well equipment	40 to 70	70		71
General plant	3 to 30	32		23
Construction in progress	N/A	389		23
Total Property, plant, and equipment		$	4,534	$	4,109
Less accumulated depreciation		(728)		(619)
Net Property, plant, and equipment		$	3,806	$	3,490


		December 31, 2022						December 31, 2021
	Useful Lives	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
		(millions)
Intangible assets subject to amortization
Customer relationships	25 - 40 years (a)	$	2,252	$	(233)	$	2,019	$	2,252	$	(177)	$	2,075
Contract intangibles	14 - 26 years	18		(12)		6		18		(11)		7
Total		$	2,270	$	(245)	$	2,025	$	2,270	$	(188)	$	2,082


Dividends Declared	Dividend Amount				Dividend Payment Date
(quarter ended)	(per-share)		(millions)
2021
September 30	$	0.60	$	58	October 2021
December 31	$	0.60	$	58	January 2022
2022
March 31	$	0.64	$	62	April 2022
June 30	$	0.64	$	62	July 2022
September 30	$	0.64	$	62	October 2022
December 31	$	0.64	$	62	January 2023


	December 31, 2022								December 31, 2021
	Carrying		Fair Value						Carrying		Fair Value
	Amount		Level 1		Level 2		Level 3		Amount		Level 1		Level 2		Level 3
	(millions)
Cash equivalents (a)	$	—	$	—	$	—	$	—	$	50	$	—	$	50	$	—
Short-term notes receivable
Third party	—		—		—		—		5		—		—		5
Related party	—		—		—		—		4		—		—		4
Long-term notes receivable
Third party	—		—		—		—		2		—		—		2
Related party	4		—		—		4		—		—		—		—

Long-term debt (b)	$	3,059	$	—	$	2,701	$	—	$	3,046	$	—	$	3,163	$	—


			Maturity	December 31,		December 31,
Title	Type	Interest Rate	Date	2022		2021
				(millions)
2029 Notes	Senior Notes (b)	4.125%	2029	$	1,100	$	1,100
2031 Notes	Senior Notes (b)	4.375%	2031	1,000		1,000
2032 Notes	Senior Secured Notes (c)	4.300%	2032	600		—
Term Loan Facility	Term Loan Facility	Variable (a)	2028	399		995
Long-term debt principal				3,099		3,095
Unamortized debt discount				(3)		(4)
Unamortized debt issuance costs				(37)		(45)
Long-term debt due within one year				—		(10)
Long-term debt (net of current portion)				$	3,059	$	3,036


	Operating Lease
	(millions)
2023	$	9
2024	9
2025	9
2026	9
2027	9
2028 and thereafter	96
	$	141


	Restricted Stock Units	Weighted Average Grant Date Fair Value
	(thousands)	(per share)
Nonvested at December 31, 2021	466	$	41.60
Granted (a)	91	49.73
Forfeited	(20)	43.73
Vested (b)	(69)	40.23
Nonvested at December 31, 2022	468	$	43.28


	Performance Shares	Weighted Average Grant Date Fair Value
	(thousands)	(per share)
Nonvested at December 31, 2021	290	$	40.63
Granted (a)	240	65.64
Forfeited	(42)	57.93
Settled	(79)	34.89
Nonvested at December 31, 2022	409	$	56.55


	Year Ended December 31, 2022
	Pipeline		Gathering		Eliminations		Total
	(millions)
Operating revenues	$	339	$	581	$	—	$	920
Operation and maintenance	54		213		—		267
Depreciation and amortization	63		107		—		170
Taxes other than income	14		14		—		28
Asset (gains) losses and impairments, net	(6)		(17)		—		(23)
Operating Income	214		264		—		478
Interest expense	57		80		—		137
Interest income	(1)		(2)		—		(3)
Earnings from equity method investees	(150)		—		—		(150)
Loss from financing activities	6		7		—		13
Other (income) and expense	—		(1)		—		(1)
Income Tax Expense	62		38		—		100
Net Income	240		142		—		382
Less: Net Income Attributable to Noncontrolling Interests	12		—		—		12
Net Income Attributable to DT Midstream	$	228	$	142	$	—	$	370

Capital expenditures and acquisitions	$	638	$	252	$	—	$	890

	December 31, 2022
Investments in equity method investees	$	2,200	$	—	$	—	$	2,200
Goodwill	53		420		—		473
Total Assets	$	4,625	$	4,208	$	—	$	8,833


	Year Ended December 31, 2021
	Pipeline		Gathering		Eliminations		Total
	(millions)
Operating revenues	$	307	$	534	$	(1)	$	840
Operation and maintenance	59		173		(1)		231
Depreciation and amortization	63		103		—		166
Taxes other than income	13		11		—		24
Asset (gains) losses and impairments, net	—		17		—		17
Operating Income	172		230		—		402
Interest expense	51		61		—		112
Interest income	(1)		(3)		—		(4)
Earnings from equity method investees	(126)		—		—		(126)
Other (income) and expense	(3)		1		—		(2)
Income Tax Expense	62		42		—		104
Net Income	189		129		—		318
Less: Net Income Attributable to Noncontrolling Interests	11		—		—		11
Net Income Attributable to DT Midstream	$	178	$	129	$	—	$	307

Capital expenditures and acquisitions	$	20	$	120	$	—	$	140

	December 31, 2021
Investments in equity method investees	$	1,691	$	—	$	—	$	1,691
Goodwill	53		420		—		473
Total Assets	$	4,165	$	4,001	$	—	$	8,166


	Year Ended December 31, 2020
	Pipeline		Gathering		Eliminations		Total
	(millions)
Operating revenues	$	266	$	489	$	(1)	$	754
Operation and maintenance	53		123		(1)		175
Depreciation and amortization	52		100		—		152
Taxes other than income	7		8		—		15
Asset (gains) losses and impairments, net	—		(2)		—		(2)
Operating Income	154		260		—		414
Interest expense	43		70		—		113
Interest income	(4)		(5)		—		(9)
Earnings from equity method investees	(108)		—		—		(108)
Other (income) and expense	(2)		(20)		—		(22)
Income Tax Expense	58		58		—		116
Net Income	167		157		—		324
Less: Net Income Attributable to Noncontrolling Interests	12		—		—		12
Net Income Attributable to DT Midstream	$	155	$	157	$	—	$	312

Capital expenditures and acquisitions	$	350	$	168	$	—	$	518

	December 31, 2020
Investments in equity method investees	$	1,691	$	—	$	—	$	1,691
Goodwill	53		420		—		473
Total Assets	$	4,343	$	3,999	$	—	$	8,342


Exhibit Number						Description
						(i) Exhibits filed herewith:

4.1						Description of Securities

10.1						DT Midstream, Inc. Supplemental Savings Plan

21.1						Subsidiaries of DT Midstream, Inc.

23.1						Consent of PricewaterhouseCoopers LLP

31.1						Chief Executive Officer Section 302 Form 10-K Certification of Periodic Report

31.2						Chief Financial Officer Section 302 Form 10-K Certification of Periodic Report

95.1						Mine Safety Disclosure

101.INS						XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

101.SCH						XBRL Taxonomy Extension Schema

101.CAL						XBRL Taxonomy Extension Calculation Linkbase

101.DEF						XBRL Taxonomy Extension Definition Database

101.LAB						XBRL Taxonomy Extension Label Linkbase

101.PRE						XBRL Taxonomy Extension Presentation Linkbase

104						Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

						(ii) Exhibits furnished herewith:

32.1						Chief Executive Officer Section 906 Form 10-K Certification of Periodic Report

32.2						Chief Financial Officer Section 906 Form 10-K Certification of Periodic Report

						(iii) Exhibits incorporated by reference:

2.1						Separation and Distribution Agreement, dated June 25, 2021, between DTE Energy Company and DT Midstream, Inc. (incorporated by reference to Exhibit 2.1 to DT Midstream’s Current Report on Form 8-K filed on July 1, 2021)

3.1						Amended and Restated Certificate of Incorporation of DT Midstream, Inc., effective July 1, 2021 (incorporated by reference to Exhibit 3.1 to DT Midstream's Current Report on Form 8-K filed on July 1, 2021)

3.2						Amended and Restated Bylaws of DT Midstream, Inc., effective July 1, 2021 (incorporated by reference to Exhibit 3.2 to DT Midstream's Current Report on Form 8-K filed on July 1, 2021)


Date:	February 16, 2023
			DT MIDSTREAM, INC.
			(Registrant)

		By:	/S/ DAVID J. SLATER
			David J. Slater President and Chief Executive Officer of DT Midstream, Inc.


Plan purpose and summary			1
Eligibility and enrollment			3
Eligibility			3
Electing to Contribute to the Plan			3
Your beneficiary			3
Your contributions			4
Pre-tax contributions			4
Company matching contributions			4
Additional company contributions			4
Vesting			5
Contribution limits			5
Your investment choices			6
When your benefits are paid			6
Timing and Forms of Payment			6
Changes to distribution election			7
Withdrawals from your account			7
Financial Hardship Withdrawal			7
Unscheduled Withdrawal			8
Tax Consequences			8
FICA tax			8
Federal, state and local income taxes			8
Reporting and withholding			8
Amendment or termination of the Plan			8
Other facts you should know			9
Assignment of rights			9
Benefit protection			9
Benefit status and information			9
Cost of administration			9
Plan administration			9
Claims Procedures			10
Claims procedures overview			10
Time limit on filing a Grievance			11
Designation of an authorized representative			11
Plan disclosure information			12
Questions			12


Nothing in this Plan Summary is intended to be interpreted as a promise or guarantee of future or continued benefits or employment or as stating provisions or terms of employment. The Company and its employees recognize their mutual right to end their employment relationship at any time and acknowledge that such relationship is one of employment at will. Except with respect to employment at will, the Company reserves the right to change (including, but not limited to, the right to amend, suspend or terminate) its Human Resources policies, procedures, and benefits, including those for retirees, at its discretion, at any time without notice. The Chief Administrative Officer is the only officer authorized to communicate such changes. Rights and benefits under the Plan described in this Plan Summary are governed by legal documents. These documents control any information presented in this Plan Summary.


Plan Name:			DT Midstream Supplemental Savings Plan
Plan Administrator:			DT Midstream Benefit Plan Administration Committee 500 Woodward Avenue, 29th Floor Detroit, MI 48226
Plan Sponsor:			DT Midstream, Inc. 500 Woodward Avenue, 29th Floor Detroit, MI 48226
Plan Year:			January 1 to December 31
Plan Sponsor's Employer Identification Number (EIN):			38-2663964
Agent for Service of Legal Process:			DT Midstream Benefit Plan Administration Committee. 500 Woodward Avenue, 29th Floor Detroit, MI 48226 benefits@dtmidstream.com
Funding:			All benefits are paid from the Company’s general assets.
Plan Type:			Non-qualified defined contribution plan permitting Pre-tax Employee Contributions, Company Matching Contributions, and additional Company Nonelective Contributions.


Subsidiary		State of Incorporation
1	Bluestone Gas Corporation of New York, Inc.	New York
2	Bluestone Pipeline Company of Pennsylvania, LLC	Pennsylvania
3	DTM Appalachia Gathering, LLC	Delaware
4	DTM LEAP Gas Gathering, LLC	Delaware
5	DTM Louisiana Gathering, LLC	Delaware
6	DTM Millennium Company	Michigan
7	DTM Nexus, LLC	Delaware
8	DTM Vector Company	Michigan
9	Stonewall Gas Gathering, LLC	Delaware
10	Stonewall Gas Holdings, LLC	Delaware
11	Susquehanna Gathering Company I, LLC	Pennsylvania


/S/ JEFFREY A. JEWELL	Date:	February 16, 2023
Jeffrey A. Jewell Chief Financial Officer of DT Midstream, Inc.


Operation (1)	Section 104 S&S Citations	Section 104(b) Orders	Section 104(d) Citations and Orders	Section 110(b)(2) Violations	Section 107(a) Orders	Total Dollar Value of Proposed MSHA Assessments (2)		Total Number of Mining Related Fatalities	Received Notice of Pattern of Violations Under Section 104(e)	Received Notice of Potential to Have Pattern Under Section 104(e)	Legal Actions Pending as of the Last Day of Period	Legal Actions Initiated During Period	Legal Actions Resolved During Period
DTM GEN6 Proppants, LLC ID: 1601585	1	—	—	—	—	$	582	—			—	—	—
Total	1	—	—	—	—	$	582	—	No	No	—	—	—