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Financing (Tables)
3 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt

Information about short-term borrowings, including Spire Missouri’s and Spire Alabama’s borrowings from Spire, is presented in the following table. As of December 31, 2025, $224.1 of Spire’s CP Program borrowings was used to support lending to the Utilities.

 

 

Spire
(Parent Only)

 

 

Spire
Missouri

 

 

Spire
Alabama

 

 

Spire

 

 

 

CP

 

 

 

Spire

 

 

Spire

 

 

Consol-

 

 

 

Program

 

 

 

Note

 

 

Note

 

 

idated

 

Three Months Ended December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Highest borrowings outstanding

 

$

1,399.2

 

 

 

$

594.7

 

 

$

174.6

 

 

$

1,399.2

 

Lowest borrowings outstanding

 

 

385.0

 

 

 

 

416.0

 

 

 

120.3

 

 

 

385.0

 

Weighted average borrowings

 

 

1,036.3

 

 

 

 

485.8

 

 

 

145.0

 

 

 

1,036.3

 

Weighted average interest rate

 

 

4.1

%

 

 

 

4.2

%

 

 

4.2

%

 

 

4.1

%

As of December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrowings outstanding

 

$

412.0

 

 

 

$

465.7

 

 

$

164.6

 

 

$

412.0

 

Weighted average interest rate

 

 

3.9

%

 

 

 

3.9

%

 

 

3.9

%

 

 

3.9

%

As of September 30, 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrowings outstanding

 

$

1,317.0

 

 

 

$

566.3

 

 

$

130.1

 

 

$

1,317.0

 

Weighted average interest rate

 

 

4.4

%

 

 

 

4.4

%

 

 

4.4

%

 

 

4.4

%

As of December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrowings outstanding

 

$

1,158.0

 

 

 

$

580.9

 

 

$

67.0

 

 

$

1,158.0

 

Weighted average interest rate

 

 

4.4

%

 

 

 

4.8

%

 

 

4.8

%

 

 

4.4

%

 

Summary of Capitalized Interest

Interest expense shown on the statements of income is net of the capitalized interest amounts shown in the following table.

 

 

Three Months Ended
December 31,

 

 

 

2025

 

 

2024

 

Spire

 

$

3.3

 

 

$

6.3

 

Spire Missouri

 

 

1.4

 

 

 

1.2

 

Spire Alabama

 

 

1.7

 

 

 

0.8