XML 20 R11.htm IDEA: XBRL DOCUMENT
v3.22.2

Revenue and Accounts Receivable | 9 Months Ended
--- | ---
Jun. 30, 2022
Revenue from Contract with Customer [Abstract] |
Revenue and Accounts Receivable | Revenue and Accounts Receivable Revenue Our revenue recognition policy is fully described in Note 2 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. The following tables disaggregate our revenue from contracts with customers by customer type and segment and provide a reconciliation to total operating revenues, including intersegment revenues, for the three and nine months ended June 30, 2022 and 2021.
| Three Months Ended June 30, 2022 |  | Three Months Ended June 30, 2021
| Distribution |  | Pipeline and Storage |  | Distribution |  | Pipeline and Storage
| (In thousands)
Gas sales revenues: |  |  |  |  |  |  |
Residential | $ | 441,806 |  |  | $ | — |  |  | $ | 336,016 |  |  | $ | — |
Commercial | 231,309 |  |  | — |  |  | 157,314 |  |  | — |
Industrial | 57,045 |  |  | — |  |  | 25,348 |  |  | — |
Public authority and other | 13,080 |  |  | — |  |  | 8,870 |  |  | — |
Total gas sales revenues | 743,240 |  |  | — |  |  | 527,548 |  |  | — |
Transportation revenues | 27,216 |  |  | 186,405 |  |  | 25,903 |  |  | 164,619 |
Miscellaneous revenues | 2,453 |  |  | 3,104 |  |  | 2,615 |  |  | 3,895 |
Revenues from contracts with customers | 772,909 |  |  | 189,509 |  |  | 556,066 |  |  | 168,514 |
Alternative revenue program revenues (1) | (77) |  |  | (6,097) |  |  | 2,206 |  |  | (5,527) |
Other revenues | 479 |  |  | — |  |  | 478 |  |  | — |
Total operating revenues | $ | 773,311 |  |  | $ | 183,412 |  |  | $ | 558,750 |  |  | $ | 162,987 |
| Nine Months Ended June 30, 2022 |  | Nine Months Ended June 30, 2021
| Distribution |  | Pipeline and Storage |  | Distribution |  | Pipeline and Storage
| (In thousands)
Gas sales revenues: |  |  |  |  |  |  |
Residential | $ | 2,108,349 |  |  | $ | — |  |  | $ | 1,821,570 |  |  | $ | — |
Commercial | 910,400 |  |  | — |  |  | 692,443 |  |  | — |
Industrial | 160,098 |  |  | — |  |  | 81,122 |  |  | — |
Public authority and other | 54,668 |  |  | — |  |  | 42,159 |  |  | — |
Total gas sales revenues | 3,233,515 |  |  | — |  |  | 2,637,294 |  |  | — |
Transportation revenues | 87,886 |  |  | 514,114 |  |  | 84,643 |  |  | 480,945 |
Miscellaneous revenues | 7,732 |  |  | 11,931 |  |  | 8,336 |  |  | 12,921 |
Revenues from contracts with customers | 3,329,133 |  |  | 526,045 |  |  | 2,730,273 |  |  | 493,866 |
Alternative revenue program revenues (1) | 25,663 |  |  | (15,968) |  |  | (13,666) |  |  | (16,998) |
Other revenues | 1,483 |  |  | — |  |  | 1,467 |  |  | — |
Total operating revenues | $ | 3,356,279 |  |  | $ | 510,077 |  |  | $ | 2,718,074 |  |  | $ | 476,868 |
(1) In our distribution segment, we have weather-normalization adjustment mechanisms that serve to mitigate the effects of weather on our revenue. Additionally, APT has a regulatory mechanism that requires that we share with its tariffed customers 75% of the difference between the total non-tariffed revenues earned during a test period and a regulatorily determined revenue benchmark. Accounts receivable and allowance for uncollectible accounts Accounts receivable arise from natural gas sales to residential, commercial, industrial, public authority and other customers. Our accounts receivable balance includes unbilled amounts which represent a customer’s consumption of gas from the date of the last cycle billing through the last day of the month. The receivable balances are short term and generally do not extend beyond one month. To minimize credit risk, we assess the credit worthiness of new customers, require deposits where necessary, assess late fees, pursue collection activities and disconnect service for nonpayment. After disconnection, accounts are written off when deemed uncollectible. Our policy related to the accounting for our allowance for uncollectible accounts is fully described in Note 2 to the consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. During the nine months ended June 30, 2022, there were no material changes to this policy. Rollforwards of our allowance for uncollectible accounts for the three and nine months ended June 30, 2022 and 2021 are presented in the table below. The allowance excludes the gas cost portion of customers’ bills for approximately 79 percent of our customers as we have the ability to collect these gas costs through our gas cost recovery mechanisms in most of our jurisdictions.
| Three Months Ended June 30, 2022
| (In thousands)
Beginning balance, March 31, 2022 | $ | 62,213 |
Current period provisions | 5,657 |
Write-offs charged against allowance | (7,430) |
Recoveries of amounts previously written off | 328 |
Ending balance, June 30, 2022 | $ | 60,768 |
| Three Months Ended June 30, 2021
| (In thousands)
Beginning balance, March 31, 2021 | $ | 44,680 |
Current period provisions | 14,403 |
Write-offs charged against allowance | (2,875) |
Recoveries of amounts previously written off | 437 |
Ending balance, June 30, 2021 | $ | 56,645 |
| Nine Months Ended June 30, 2022
| (In thousands)
Beginning balance, September 30, 2021 | $ | 64,471 |
Current period provisions | 17,733 |
Write-offs charged against allowance | (22,888) |
Recoveries of amounts previously written off | 1,452 |
Ending balance, June 30, 2022 | $ | 60,768 |
| Nine Months Ended June 30, 2021
| (In thousands)
Beginning balance, September 30, 2020 | $ | 29,949 |
Current period provisions | 32,872 |
Write-offs charged against allowance | (7,544) |
Recoveries of amounts previously written off | 1,368 |
Ending balance, June 30, 2021 | $ | 56,645 |

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

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration