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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Sep. 30, 2016
PROPERTY, PLANT AND EQUIPMENT    
Utility plant, at cost $ 2,241,324 $ 2,107,375
Construction work in progress 119,318 122,268
Solar and wind equipment, real estate properties and other, at cost 843,142 631,696
Construction work in progress 7,286 93,791
Total property, plant and equipment 3,211,070 2,955,130
Accumulated depreciation and amortization, utility plant (489,122) (467,702)
Accumulated depreciation and amortization, solar and wind equipment, real estate properties and other (112,207) (79,776)
Property, plant and equipment, net 2,609,741 2,407,652
CURRENT ASSETS    
Cash and cash equivalents 2,226 37,546
Customer accounts receivable:    
Billed 196,467 142,658
Unbilled revenues 7,202 5,744
Allowance for doubtful accounts (5,181) (4,865)
Regulatory assets 50,791 54,286
Gas in storage, at average cost 202,063 206,251
Materials and supplies, at average cost 11,944 10,778
Prepaid and accrued taxes 24,764 34,179
Derivatives, at fair value 30,081 29,964
Restricted broker margin accounts 25,827 47,644
Asset held for sale 0 7,660
Other current assets 33,260 35,419
Total current assets 579,444 607,264
NONCURRENT ASSETS    
Investments in equity investees 172,585 141,148
Regulatory assets 375,919 441,294
Derivatives, at fair value 9,164 5,227
Available for sale securities 65,752 55,789
Intangible assets 41,084 0
Other noncurrent assets 74,818 60,196
Total noncurrent assets 739,322 703,654
Total assets 3,928,507 3,718,570
CAPITALIZATION    
Common stock, $2.50 par value; authorized 150,000,000 shares; outstanding September 30, 2017 — 86,555,507; September 30, 2016 — 86,086,355 222,258 221,654
Premium on common stock 219,696 215,580
Accumulated other comprehensive (loss), net of tax (3,256) (15,155)
Treasury stock at cost and other; shares September 30, 2017 — 2,347,380; September 30, 2016 — 2,575,139 (70,039) (81,044)
Retained earnings 867,984 825,556
Common stock equity 1,236,643 1,166,591
Long-term debt 997,080 1,055,038
Total capitalization 2,233,723 2,221,629
CURRENT LIABILITIES    
Current maturities of long-term debt 165,375 61,452
Short-term debt 266,000 121,700
Gas purchases payable 160,115 139,452
Gas purchases payable to related parties 1,152 1,150
Accounts payable and other 96,878 107,184
Dividends payable 23,586 21,975
Accrued taxes 2,031 1,080
Regulatory liabilities 78 9,469
New Jersey clean energy program 14,202 14,232
Derivatives, at fair value 46,544 61,080
Customers’ credit balances and deposits 26,957 32,834
Total current liabilities 802,918 571,608
NONCURRENT LIABILITIES    
Deferred income taxes 514,708 473,847
Deferred investment tax credits 4,297 4,619
Deferred gain 27,728 28,519
Derivatives, at fair value 11,330 25,252
Manufactured gas plant remediation 149,000 172,000
Postemployment employee benefit liability 128,888 141,604
Regulatory liabilities 14,507 41,411
Asset retirement obligation 31,420 28,379
Other noncurrent liabilities 9,988 9,702
Total noncurrent liabilities 891,866 925,333
Commitments and contingent liabilities
Total capitalization and liabilities $ 3,928,507 $ 3,718,570