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Segment Information (Tables)

9 Months Ended

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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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

+ Details

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