XML 47 R34.htm IDEA: XBRL DOCUMENT
v3.23.2

DEBT (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Line of Credit Facilities | A summary of NJR's credit facility and term loan credit agreement and NJNG's commercial paper program and credit facility are as follows:
(Thousands) | June 30, 2023 |  | September 30, 2022 |  | Expiration Dates
NJR |  |  |  |  |
Bank revolving credit facility (1) | $ | 650,000 |  |  | $ | 650,000 |  |  | September 2027
Notes outstanding at end of period | $ | 134,525 |  |  | $ | 200,150 |  |  |
Weighted average interest rate at end of period | 6.31 | % |  | 3.97 | % |  |
Amount available at end of period (2) | $ | 510,302 |  |  | $ | 440,177 |  |  |
Bank term loan credit agreement | $ | — |  |  | $ | 150,000 |  |  | February 2023
Loans outstanding at end of period | $ | — |  |  | $ | 150,000 |  |  |
Weighted average interest rate at end of period | — | % |  | 3.81 | % |  |
Amount available at end of period | $ | — |  |  | $ | — |  |  |
NJNG |  |  |  |  |
Bank revolving credit facility (3) | $ | 250,000 |  |  | $ | 250,000 |  |  | September 2027
Commercial paper and notes outstanding at end of period | $ | 10,700 |  |  | $ | 73,800 |  |  |
Weighted average interest rate at end of period | 5.25 | % |  | 3.34 | % |  |
Amount available at end of period (4) | $ | 238,569 |  |  | $ | 175,469 |  |  |
(1)Committed credit facilities, which require commitment fees of 0.10 percent on the unused amounts. (2)Letters of credit outstanding total $5.2 million at June 30, 2023 and $9.7 million at September 30, 2022, which reduces the amount available by the same amount. (3)Committed credit facilities, which require commitment fees of 0.075 percent on the unused amounts. (4)Letters of credit outstanding total $731,000 at both June 30, 2023 and September 30, 2022, which reduces the amount available by the same amount.

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

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration