Income Taxes (Tables)

9 Months Ended

Jun. 30, 2011

Income Taxes

Components Of Federal And State Income Taxes Included In The Consolidated Statements Of Income

	Nine Months Ended
	June 30,
	2011			2010
Current Income Taxes
Federal	$	(1,825	)	$	42,323
State		2,703			9,914
Deferred Income Taxes
Federal		112,385			50,079
State		27,941			13,734
		141,204			116,050
Deferred Investment Tax Credit		(523	)		(523	)
Total Income Taxes	$	140,681		$	115,527
Presented as Follows:
Other Income	$	(523	)	$	(523	)
Income Tax Expense ' Continuing Operations		141,204			115,449
Income from Discontinued Operations		'			601
Total Income Taxes	$	140,681		$	115,527

Schedule Of Income Tax Reconciliation By Applying Federal Income Tax Rate

	Nine Months Ended
	June 30,
	2011			2010
U.S. Income Before Income Taxes	$	361,726		$	303,039
Income Tax Expense, Computed at Federal Statutory Rate of 35%	$	126,604		$	106,064
Increase (Reduction) in Taxes Resulting from:
State Income Taxes		19,919			15,371
Miscellaneous		(5,842	)		(5,908	)
Total Income Taxes	$	140,681		$	115,527

Significant Components Of Deferred Tax Liabilities And Assets

	At June 30, 2011			At September 30, 2010
Deferred Tax Liabilities:
Property, Plant and Equipment	$	1,035,695		$	849,869
Pension and Other Post-Retirement Benefit Costs		183,651			177,853
Other		38,958			63,671
Total Deferred Tax Liabilities		1,258,304			1,091,393
Deferred Tax Assets:
Pension and Other Post-Retirement Benefit Costs		(227,458	)		(223,588	)
Tax Loss Carryforwards		(54,472	)		(9,772	)
Other		(80,114	)		(81,751	)
Total Deferred Tax Assets		(362,044	)		(315,111	)
Total Net Deferred Income Taxes	$	896,260		$	776,282
Presented as Follows:
Net Deferred Tax Liability/(Asset) ' Current	$	(22,885	)	$	(24,476	)
Net Deferred Tax Liability ' Non-Current		919,145			800,758
Total Net Deferred Income Taxes	$	896,260		$	776,282