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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
Segment Information [Abstract]  
Company's Reportable Segments And Reconciliations To Consolidated Amounts

Three Months Ended

Three Months Ended

September 30, 2025

September 30, 2024

Regulated Water

Regulated Natural Gas

Total Reportable Segments

Other and Elims

Consolidated

Regulated Water

Regulated Natural Gas

Total Reportable Segments

Other and Elims

Consolidated

Revenues from external customers

$

364,055 

$

107,933 

$

471,988 

$

4,983 

$

476,971 

$

334,477 

$

96,299 

$

430,776 

$

4,479 

$

435,255 

Intersegment revenues

517 

517 

(517)

-

-

432 

432 

(432)

-

Total operating revenues

$

364,055 

$

108,450 

$

472,505 

$

4,466 

$

476,971 

$

334,477 

$

96,731 

$

431,208 

$

4,047 

$

435,255 

Operations and maintenance expense

$

105,681 

$

47,453 

$

153,134 

$

(46)

$

153,088 

$

96,369 

$

49,002 

$

145,371 

$

(1,003)

$

144,368 

Purchased gas

$

-

$

19,965 

$

19,965 

$

2,541 

$

22,506 

$

-

$

17,603 

$

17,603 

$

1,492 

$

19,095 

Depreciation and amortization

$

65,195 

$

41,411 

$

106,606 

$

460 

$

107,066 

$

57,877 

$

34,318 

$

92,195 

$

406 

$

92,601 

Taxes other than income taxes

$

18,134 

$

5,688 

$

23,822 

$

718 

$

24,540 

$

17,851 

$

5,546 

$

23,397 

$

705 

$

24,102 

Interest expense, net

$

38,233 

$

26,197 

$

64,430 

$

16,760 

$

81,190 

$

35,094 

$

22,121 

$

57,215 

$

18,237 

$

75,452 

Allowance for funds used during construction

$

(4,526)

$

(1,654)

$

(6,180)

$

-

$

(6,180)

$

(4,326)

$

(1,267)

$

(5,593)

$

-

$

(5,593)

Gain on sale of other assets

$

(176)

$

-

$

(176)

$

-

$

(176)

$

(239)

$

-

$

(239)

$

-

$

(239)

Other segment items (b)

$

227 

$

(214)

$

13 

$

(1,452)

$

(1,439)

$

287 

$

(160)

$

127 

$

100 

$

227 

Provision for income taxes (benefit)

$

19,273 

$

(5,565)

$

13,708 

$

(9,409)

$

4,299 

$

19,289 

$

228 

$

19,517 

$

(3,677)

$

15,840 

Net income (loss)

$

122,014 

$

(24,831)

$

97,183 

$

(5,106)

$

92,077 

$

112,275 

$

(30,660)

$

81,615 

$

(12,213)

$

69,402 

Nine Months Ended

Nine Months Ended

September 30, 2025

September 30, 2024

Regulated Water

Regulated Natural Gas

Total Reportable Segments

Other and Elims

Consolidated

Regulated Water

Regulated Natural Gas

Total Reportable Segments

Other and Elims

Consolidated

Revenues from external customers

$

997,185 

$

754,145 

$

1,751,330 

$

24,174 

$

1,775,504 

$

916,850 

$

547,432 

$

1,464,282 

$

17,448 

$

1,481,730 

Intersegment revenues

-

2,423 

2,423 

(2,423)

-

-

1,818 

1,818 

(1,818)

-

Total operating revenues

$

997,185 

$

756,568 

$

1,753,753 

$

21,751 

$

1,775,504 

$

916,850 

$

549,250 

$

1,466,100 

$

15,630 

$

1,481,730 

Operations and maintenance expense

$

295,248 

$

152,914 

$

448,162 

$

(8,740)

$

439,422 

$

282,627 

$

144,628 

$

427,255 

$

(3,475)

$

423,780 

Purchased gas

$

-

$

250,456 

$

250,456 

$

13,426 

$

263,882 

$

-

$

175,825 

$

175,825 

$

6,673 

$

182,498 

Depreciation and amortization

$

190,555 

$

118,049 

$

308,604 

$

1,358 

$

309,962 

$

172,696 

$

99,361 

$

272,057 

$

994 

$

273,051 

Taxes other than income taxes

$

51,381 

$

13,933 

$

65,314 

$

2,977 

$

68,291 

$

50,600 

$

17,869 

$

68,469 

$

2,890 

$

71,359 

Interest expense, net

$

111,828 

$

78,170 

$

189,998 

$

52,536 

$

242,534 

$

104,334 

$

68,346 

$

172,680 

$

47,825 

$

220,505 

Allowance for funds used during construction

$

(14,880)

$

(4,159)

$

(19,039)

$

-

$

(19,039)

$

(11,976)

$

(3,527)

$

(15,503)

$

-

$

(15,503)

Gain on sale of other assets (a)

$

(669)

$

-

$

(669)

$

-

$

(669)

$

(479)

$

(91,581)

$

(92,060)

$

(7)

$

(92,067)

Other segment items (b)

$

764 

$

(468)

$

296 

$

(1,144)

$

(848)

$

585 

$

(482)

$

103 

$

383 

$

486 

Provision for income taxes (benefit)

$

32,542 

$

(34,517)

$

(1,975)

$

(9,749)

$

(11,724)

$

54,604 

$

(38,752)

$

15,852 

$

(8,790)

$

7,062 

Net income (loss)

$

330,416 

$

182,190 

$

512,606 

$

(28,913)

$

483,693 

$

263,859 

$

177,563 

$

441,422 

$

(30,863)

$

410,559 

Capital expenditures

$

520,937 

$

462,152 

$

983,089 

$

-

$

983,089 

$

495,259 

$

436,807 

$

932,066 

$

432 

$

932,498 

(a) Refer to Note 4 – Dispositions for additional information.

(b) Other segment items mainly consists of the non-service cost component of pension and other postretirement benefits for our regulated segments.