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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2024
Segment Information [Abstract] |
Company's Segment Information, Continuing Operations |
|  | Three Months Ended - September 30, 2024 |  | Three Months Ended - September 30, 2023
|  | Regulated Water |  | Regulated Natural Gas |  | Other |  | Consolidated |  | Regulated Water |  | Regulated Natural Gas |  | Other |  | Consolidated
Operating revenues |  | $ | 334,477 |  | $ | 96,731 |  | $ | 4,047 |  | $ | 435,255 |  | $ | 310,591 |  | $ | 94,798 |  | $ | 5,866 |  | $ | 411,255
Operations and maintenance expense |  |  | 96,369 |  |  | 49,002 |  |  | (1,003) |  |  | 144,368 |  |  | 98,695 |  |  | 50,006 |  |  | (1,683) |  |  | 147,018
Purchased gas |  |  | - |  |  | 17,603 |  |  | 1,492 |  |  | 19,095 |  |  | - |  |  | 14,408 |  |  | 2,182 |  |  | 16,590
Depreciation and amortization |  |  | 57,877 |  |  | 34,318 |  |  | 406 |  |  | 92,601 |  |  | 54,695 |  |  | 31,141 |  |  | 199 |  |  | 86,035
Interest expense, net (a) |  |  | 35,094 |  |  | 22,121 |  |  | 18,237 |  |  | 75,452 |  |  | 30,867 |  |  | 19,405 |  |  | 17,376 |  |  | 67,648
Allowance for funds used during construction |  |  | (4,326) |  |  | (1,267) |  |  | - |  |  | (5,593) |  |  | (4,643) |  |  | (812) |  |  | - |  |  | (5,455)
Provision for income taxes (benefit) |  |  | 19,289 |  |  | 228 |  |  | (3,677) |  |  | 15,840 |  |  | 16,186 |  |  | (16,905) |  |  | (2,992) |  |  | (3,711)
Net income (loss) |  |  | 112,275 |  |  | (30,660) |  |  | (12,213) |  |  | 69,402 |  |  | 99,916 |  |  | (9,776) |  |  | (10,064) |  |  | 80,076
|  | Nine Months Ended - September 30, 2024 |  | Nine Months Ended - September 30, 2023
|  | Regulated Water |  | Regulated Natural Gas |  | Other |  | Consolidated |  | Regulated Water |  | Regulated Natural Gas |  | Other |  | Consolidated
Operating revenues |  | $ | 916,850 |  |  | 549,250 |  | $ | 15,630 |  | $ | 1,481,730 |  | $ | 871,563 |  | $ | 675,076 |  | $ | 27,766 |  | $ | 1,574,405
Operations and maintenance expense |  |  | 282,627 |  |  | 144,628 |  |  | (3,475) |  |  | 423,780 |  |  | 274,724 |  |  | 148,270 |  |  | (4,474) |  |  | 418,520
Purchased gas |  |  | - |  |  | 175,825 |  |  | 6,673 |  |  | 182,498 |  |  | - |  |  | 295,929 |  |  | 18,909 |  |  | 314,838
Depreciation and amortization |  |  | 172,696 |  |  | 99,361 |  |  | 994 |  |  | 273,051 |  |  | 161,393 |  |  | 93,457 |  |  | 640 |  |  | 255,490
Interest expense, net (a) |  |  | 104,334 |  |  | 68,346 |  |  | 47,825 |  |  | 220,505 |  |  | 91,103 |  |  | 67,894 |  |  | 48,712 |  |  | 207,709
Allowance for funds used during construction |  |  | (11,976) |  |  | (3,527) |  |  | - |  |  | (15,503) |  |  | (12,529) |  |  | (2,038) |  |  | - |  |  | (14,567)
Provision for income taxes (benefit) |  |  | 54,604 |  |  | (38,752) |  |  | (8,790) |  |  | 7,062 |  |  | 45,559 |  |  | (73,703) |  |  | (7,467) |  |  | (35,611)
Net income (loss) |  |  | 263,859 |  |  | 177,563 |  |  | (30,863) |  |  | 410,559 |  |  | 267,345 |  |  | 127,400 |  |  | (31,967) |  |  | 362,778
Capital expenditures |  |  | 495,259 |  |  | 436,807 |  |  | 432 |  |  | 932,498 |  |  | 493,851 |  |  | 377,562 |  |  | 3,078 |  |  | 874,491
(a)The regulated water and regulated natural gas segments report interest expense that includes long-term debt that was pushed-down to the regulated operating subsidiaries from Essential Utilities, Inc.

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