XML 32 R23.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Information (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Income statements and capital expenditures for the three and nine months ended June 30, 2022 and 2021 by segment are presented in the following tables:
| Three Months Ended June 30, 2022
| Distribution |  | Pipeline and Storage |  |  |  | Eliminations |  | Consolidated
| (In thousands)
Operating revenues from external parties | $ | 772,497 |  |  | $ | 43,932 |  |  |  |  | $ | — |  |  | $ | 816,429 |
Intersegment revenues | 814 |  |  | 139,480 |  |  |  |  | (140,294) |  |  | — |
Total operating revenues | 773,311 |  |  | 183,412 |  |  |  |  | (140,294) |  |  | 816,429 |
Purchased gas cost | 390,559 |  |  | (1,347) |  |  |  |  | (140,053) |  |  | 249,159 |
Operation and maintenance expense | 133,654 |  |  | 48,912 |  |  |  |  | (241) |  |  | 182,325 |
Depreciation and amortization expense | 97,106 |  |  | 37,125 |  |  |  |  | — |  |  | 134,231 |
Taxes, other than income | 85,933 |  |  | 10,194 |  |  |  |  | — |  |  | 96,127 |
Operating income | 66,059 |  |  | 88,528 |  |  |  |  | — |  |  | 154,587 |
Other non-operating income | 6,708 |  |  | 6,555 |  |  |  |  | — |  |  | 13,263 |
Interest charges | 12,341 |  |  | 13,849 |  |  |  |  | — |  |  | 26,190 |
Income before income taxes | 60,426 |  |  | 81,234 |  |  |  |  | — |  |  | 141,660 |
Income tax expense | 3,025 |  |  | 10,088 |  |  |  |  | — |  |  | 13,113 |
Net income | $ | 57,401 |  |  | $ | 71,146 |  |  |  |  | $ | — |  |  | $ | 128,547 |
Capital expenditures | $ | 417,244 |  |  | $ | 118,766 |  |  |  |  | $ | — |  |  | $ | 536,010 |
| Three Months Ended June 30, 2021
| Distribution |  | Pipeline and Storage |  | Eliminations |  | Consolidated
| (In thousands)
Operating revenues from external parties | $ | 557,931 |  |  | $ | 47,622 |  |  | $ | — |  |  | $ | 605,553 |
Intersegment revenues | 819 |  |  | 115,365 |  |  | (116,184) |  |  | — |
Total operating revenues | 558,750 |  |  | 162,987 |  |  | (116,184) |  |  | 605,553 |
Purchased gas cost | 202,050 |  |  | 691 |  |  | (115,871) |  |  | 86,870 |
Operation and maintenance expense | 130,454 |  |  | 54,329 |  |  | (313) |  |  | 184,470 |
Depreciation and amortization expense | 86,099 |  |  | 33,249 |  |  | — |  |  | 119,348 |
Taxes, other than income | 72,024 |  |  | 9,451 |  |  | — |  |  | 81,475 |
Operating income | 68,123 |  |  | 65,267 |  |  | — |  |  | 133,390 |
Other non-operating income | 1,060 |  |  | 4,827 |  |  | — |  |  | 5,887 |
Interest charges | 8,540 |  |  | 12,422 |  |  | — |  |  | 20,962 |
Income before income taxes | 60,643 |  |  | 57,672 |  |  | — |  |  | 118,315 |
Income tax expense | 7,354 |  |  | 8,550 |  |  | — |  |  | 15,904 |
Net income | $ | 53,289 |  |  | $ | 49,122 |  |  | $ | — |  |  | $ | 102,411 |
Capital expenditures | $ | 398,416 |  |  | $ | 113,816 |  |  | $ | — |  |  | $ | 512,232 |
| Nine Months Ended June 30, 2022
| Distribution |  | Pipeline and Storage |  | Eliminations |  | Consolidated
| (In thousands)
Operating revenues from external parties | $ | 3,353,800 |  |  | $ | 125,234 |  |  | $ | — |  |  | $ | 3,479,034 |
Intersegment revenues | 2,479 |  |  | 384,843 |  |  | (387,322) |  |  | — |
Total operating revenues | 3,356,279 |  |  | 510,077 |  |  | (387,322) |  |  | 3,479,034 |
Purchased gas cost | 1,881,212 |  |  | (3,075) |  |  | (386,437) |  |  | 1,491,700 |
Operation and maintenance expense | 378,479 |  |  | 127,193 |  |  | (885) |  |  | 504,787 |
Depreciation and amortization expense | 286,515 |  |  | 108,946 |  |  | — |  |  | 395,461 |
Taxes, other than income | 242,214 |  |  | 29,292 |  |  | — |  |  | 271,506 |
Operating income | 567,859 |  |  | 247,721 |  |  | — |  |  | 815,580 |
Other non-operating income | 9,173 |  |  | 18,005 |  |  | — |  |  | 27,178 |
Interest charges | 36,046 |  |  | 38,923 |  |  | — |  |  | 74,969 |
Income before income taxes | 540,986 |  |  | 226,803 |  |  | — |  |  | 767,789 |
Income tax expense | 35,163 |  |  | 29,871 |  |  | — |  |  | 65,034 |
Net income | $ | 505,823 |  |  | $ | 196,932 |  |  | $ | — |  |  | $ | 702,755 |
Capital expenditures | $ | 1,217,094 |  |  | $ | 508,945 |  |  | $ | — |  |  | $ | 1,726,039 |
| Nine Months Ended June 30, 2021
| Distribution |  | Pipeline and Storage |  | Eliminations |  | Consolidated
| (In thousands)
Operating revenues from external parties | $ | 2,715,644 |  |  | $ | 123,462 |  |  | $ | — |  |  | $ | 2,839,106 |
Intersegment revenues | 2,430 |  |  | 353,406 |  |  | (355,836) |  |  | — |
Total operating revenues | 2,718,074 |  |  | 476,868 |  |  | (355,836) |  |  | 2,839,106 |
Purchased gas cost | 1,304,269 |  |  | (440) |  |  | (354,890) |  |  | 948,939 |
Operation and maintenance expense | 363,246 |  |  | 117,188 |  |  | (946) |  |  | 479,488 |
Depreciation and amortization expense | 254,636 |  |  | 98,633 |  |  | — |  |  | 353,269 |
Taxes, other than income | 214,991 |  |  | 28,385 |  |  | — |  |  | 243,376 |
Operating income | 580,932 |  |  | 233,102 |  |  | — |  |  | 814,034 |
Other non-operating income | 1,135 |  |  | 13,658 |  |  | — |  |  | 14,793 |
Interest charges | 33,269 |  |  | 35,799 |  |  | — |  |  | 69,068 |
Income before income taxes | 548,798 |  |  | 210,961 |  |  | — |  |  | 759,759 |
Income tax expense | 109,481 |  |  | 33,435 |  |  | — |  |  | 142,916 |
Net income | $ | 439,317 |  |  | $ | 177,526 |  |  | $ | — |  |  | $ | 616,843 |
Capital expenditures | $ | 1,000,616 |  |  | $ | 357,344 |  |  | $ | — |  |  | $ | 1,357,960 |
Balance sheet information at June 30, 2022 and September 30, 2021 by segment is presented in the following tables:
| June 30, 2022
| Distribution |  | Pipeline and Storage |  | Eliminations |  | Consolidated
| (In thousands)
Property, plant and equipment, net | $ | 12,314,182 |  |  | $ | 4,242,421 |  |  | $ | — |  |  | $ | 16,556,603 |
Total assets | $ | 20,891,285 |  |  | $ | 4,497,125 |  |  | $ | (3,732,926) |  |  | $ | 21,655,484 |
| September 30, 2021
| Distribution |  | Pipeline and Storage |  | Eliminations |  | Consolidated
| (In thousands)
Property, plant and equipment, net | $ | 11,232,649 |  |  | $ | 3,831,321 |  |  | $ | — |  |  | $ | 15,063,970 |
Total assets | $ | 18,847,266 |  |  | $ | 4,076,844 |  |  | $ | (3,315,448) |  |  | $ | 19,608,662 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration