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INFORMATION BY OPERATING SEGMENT (Tables) | 3 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Schedule of operating segment information |
| Gas Utility |  | Gas Marketing |  | Other |  | Eliminations |  | Consolidated
Three Months Ended December 31, 2016 |  |  |  |  |  |  |  |  |
Operating Revenues: |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 472.3 |  |  | $ | 21.7 |  |  | $ | 1.1 |  |  | $ | — |  |  | $ | 495.1 |
Intersegment revenues | 4.4 |  |  | — |  |  | 0.7 |  |  | (5.1 | ) |  | — |
Total Operating Revenues | 476.7 |  |  | 21.7 |  |  | 1.8 |  |  | (5.1 | ) |  | 495.1 |
Operating Expenses: |  |  |  |  |  |  |  |  |
Gas Utility |  |  |  |  |  |  |  |  |
Natural and propane gas | 214.5 |  |  | — |  |  | — |  |  | (20.7 | ) |  | 193.8 |
Other operation and maintenance | 100.5 |  |  | — |  |  | — |  |  | (1.1 | ) |  | 99.4 |
Depreciation and amortization | 37.7 |  |  | — |  |  | — |  |  | — |  |  | 37.7 |
Taxes, other than income taxes | 33.4 |  |  | — |  |  | — |  |  | — |  |  | 33.4 |
Total Gas Utility Operating Expenses | 386.1 |  |  | — |  |  | — |  |  | (21.8 | ) |  | 364.3 |
Gas Marketing and Other | — |  |  | 23.0 |  |  | 2.0 |  |  | 16.7 |  |  | 41.7 |
Total Operating Expenses | 386.1 |  |  | 23.0 |  |  | 2.0 |  |  | (5.1 | ) |  | 406.0 |
Operating Income (Loss) | $ | 90.6 |  |  | $ | (1.3 | ) |  | $ | (0.2 | ) |  | $ | — |  |  | $ | 89.1 |
Net Economic Earnings (Loss) | $ | 51.8 |  |  | $ | 1.4 |  |  | $ | (5.7 | ) |  | $ | — |  |  | $ | 47.5 |
Three Months Ended December 31, 2015 |  |  |  |  |  |  |  |  |
Operating Revenues: |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 398.8 |  |  | $ | 0.2 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 399.4 |
Intersegment revenues | 0.7 |  |  | 12.6 |  |  | 0.4 |  |  | (13.7 | ) |  | — |
Total Operating Revenues | 399.5 |  |  | 12.8 |  |  | 0.8 |  |  | (13.7 | ) |  | 399.4 |
Operating Expenses: |  |  |  |  |  |  |  |  |
Gas Utility |  |  |  |  |  |  |  |  |
Natural and propane gas | 161.9 |  |  | — |  |  | — |  |  | (13.4 | ) |  | 148.5 |
Other operation and maintenance | 91.9 |  |  | — |  |  | — |  |  | (0.3 | ) |  | 91.6 |
Depreciation and amortization | 33.5 |  |  | — |  |  | — |  |  | — |  |  | 33.5 |
Taxes, other than income taxes | 28.2 |  |  | — |  |  | — |  |  | — |  |  | 28.2 |
Total Gas Utility Operating Expenses | 315.5 |  |  | — |  |  | — |  |  | (13.7 | ) |  | 301.8 |
Gas Marketing and Other | — |  |  | 9.0 |  |  | 1.6 |  |  | — |  |  | 10.6 |
Total Operating Expenses | 315.5 |  |  | 9.0 |  |  | 1.6 |  |  | (13.7 | ) |  | 312.4 |
Operating Income (Loss) | $ | 84.0 |  |  | $ | 3.8 |  |  | $ | (0.8 | ) |  | $ | — |  |  | $ | 87.0 |
Net Economic Earnings (Loss) | $ | 50.0 |  |  | $ | (0.3 | ) |  | $ | (4.6 | ) |  | $ | — |  |  | $ | 45.1 |
| Gas Utility |  | Gas Marketing |  | Other |  | Eliminations |  | Consolidated
Three Months Ended December 31, 2016 |  |  |  |  |  |  |  |  |
The Company’s total assets by segment were as follows:
| December 31, |  | September 30, |  | December 31,
| 2016 |  | 2016 |  | 2015
Total Assets:
Gas Utility | $ | 5,375.6 |  |  | $ | 5,184.7 |  |  | $ | 4,799.0 |
Gas Marketing | 225.0 |  |  | 205.0 |  |  | 163.8 |
Other | 1,848.7 |  |  | 1,836.6 |  |  | 1,545.5 |
Eliminations | (1,139.2 | ) |  | (1,161.9 | ) |  | (1,109.5 | )
Total Assets | $ | 6,310.1 |  |  | $ | 6,064.4 |  |  | $ | 5,398.8 |
Schedule of the reconciliation of consolidated net economic earnings to consolidated net income | The following table reconciles the Company’s net economic earnings to net income.
| Three Months Ended December 31,
| 2016 |  | 2015
Net Income | $ | 45.2 |  |  | $ | 46.9 |
Adjustments, pre-tax: |  |  |
Unrealized loss (gain) on energy-related derivative contracts | 3.8 |  |  | (4.9 | )
Lower of cost or market inventory adjustments | (0.1 | ) |  | 0.6 |
Realized gain on economic hedges prior to sale of the physical commodity | (0.1 | ) |  | (0.1 | )
Acquisition, divestiture and restructuring activities | 0.1 |  |  | 1.3 |
Income tax effect of adjustments | (1.4 | ) |  | 1.3 |
Net Economic Earnings | $ | 47.5 |  |  | $ | 45.1 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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