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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Sep. 30, 2018
PROPERTY, PLANT AND EQUIPMENT    
Utility plant, at cost $ 2,400,903 $ 2,368,914
Construction work in progress 210,543 192,481
Nonutility plant and equipment, at cost 749,700 697,406
Construction work in progress 19,391 45,690
Total property, plant and equipment 3,380,537 3,304,491
Accumulated depreciation and amortization, utility plant (539,905) (530,753)
Accumulated depreciation and amortization, nonutility plant and equipment (130,560) (122,689)
Property, plant and equipment, net 2,710,072 2,651,049
CURRENT ASSETS    
Cash and cash equivalents 7,694 1,458
Customer accounts receivable    
Billed 318,108 205,490
Unbilled revenues 55,155 7,199
Allowance for doubtful accounts (5,882) (5,704)
Regulatory assets 18,509 18,297
Gas in storage, at average cost 241,389 184,633
Materials and supplies, at average cost 15,215 13,910
Prepaid and accrued taxes 10,588 23,047
Derivatives, at fair value 55,358 27,396
Restricted broker margin accounts 85,784 53,719
Assets held for sale 207,737 206,905
Other 40,254 33,730
Total current assets 1,049,909 770,080
NONCURRENT ASSETS    
Investments in equity method investees 192,188 190,866
Regulatory assets 370,024 368,592
Derivatives, at fair value 6,085 10,560
Investments in equity securities 33,174 32,917
Intangible assets, net 23,007 23,375
Other noncurrent assets 92,863 96,225
Total noncurrent assets 717,341 722,535
Total assets 4,477,322 4,143,664
CAPITALIZATION    
Common stock, $2.50 par value; authorized 150,000,000 shares; outstanding December 31, 2018 — 88,680,174; September 30, 2018 — 88,292,956 226,539 226,196
Premium on common stock 278,286 274,748
Accumulated other comprehensive loss, net of tax (15,822) (12,610)
Treasury stock at cost and other; shares December 31, 2018 — 1,935,229; September 30, 2018 — 2,185,013 (65,060) (76,473)
Retained earnings 1,073,107 1,007,117
Common stock equity 1,497,050 1,418,978
Long-term debt 1,184,801 1,180,619
Total capitalization 2,681,851 2,599,597
CURRENT LIABILITIES    
Current maturities of long-term debt 124,806 123,545
Short-term debt 371,700 151,950
Gas purchases payable 269,966 211,303
Gas purchases payable to related parties 1,150 1,150
Accounts payable and other 75,119 135,240
Dividends payable 25,938 25,824
Accrued taxes 6,137 1,568
Regulatory liabilities 12,822 8,185
New Jersey Clean Energy Program 12,359 14,052
Derivatives, at fair value 65,114 46,652
Liabilities held for sale 4,182 4,182
Customers' credit balances and deposits 29,629 27,325
Total current liabilities 998,922 750,976
NONCURRENT LIABILITIES    
Deferred income taxes 233,099 242,436
Deferred investment tax credits 3,895 3,976
Deferred gain 2,144 9,104
Derivatives, at fair value 36,825 22,982
Manufactured gas plant remediation 129,556 130,800
Postemployment employee benefit liability 141,499 137,007
Regulatory liabilities 210,580 209,139
Asset retirement obligation 29,329 28,688
Other 9,622 8,959
Total noncurrent liabilities 796,549 793,091
Commitments and contingent liabilities (Note 13)
Total capitalization and liabilities $ 4,477,322 $ 4,143,664