Unaudited Financial Information (Table)

9 Months Ended

Jun. 30, 2016

Significant regulatory assets and liabilities as of June 30, 2016 and September 30, 2015 included the following:



	June 30, 2016		September 30, 2015
	(In thousands)
Regulatory assets:
Pension and postretirement benefit costs⁽¹⁾	$	110,425	$	121,183
Infrastructure mechanisms⁽²⁾	31,090		32,813
Deferred gas costs	3,390		9,715
Recoverable loss on reacquired debt	14,401		16,319
APT annual adjustment mechanism	2,976		1,002
Rate case costs	1,640		1,533
Other	20,906		9,774
	$	184,828	$	192,339
Regulatory liabilities:
Regulatory cost of removal obligations	$	486,290	$	483,676
Deferred gas costs	34,362		28,100
Asset retirement obligations	9,063		9,063
Other	5,483		3,693
	$	535,198	$	524,532


⁽¹⁾	Includes $12.9 million and $16.6 million of pension and postretirement expense deferred pursuant to regulatory authorization.


⁽²⁾	Infrastructure mechanisms in Texas and Louisiana allow for the deferral of all expenses associated with capital expenditures incurred pursuant to these rules, which primarily consist of interest, depreciation and other taxes, until the next rate proceeding (rate case or annual rate filing), at which time investment and costs would be recoverable through base rates.

Significant regulatory assets and liabilities as of June 30, 2016 and September 30, 2015 included the following:



	June 30, 2016		September 30, 2015
	(In thousands)
Regulatory assets:
Pension and postretirement benefit costs⁽¹⁾	$	110,425	$	121,183
Infrastructure mechanisms⁽²⁾	31,090		32,813
Deferred gas costs	3,390		9,715
Recoverable loss on reacquired debt	14,401		16,319
APT annual adjustment mechanism	2,976		1,002
Rate case costs	1,640		1,533
Other	20,906		9,774
	$	184,828	$	192,339
Regulatory liabilities:
Regulatory cost of removal obligations	$	486,290	$	483,676
Deferred gas costs	34,362		28,100
Asset retirement obligations	9,063		9,063
Other	5,483		3,693
	$	535,198	$	524,532


⁽¹⁾	Includes $12.9 million and $16.6 million of pension and postretirement expense deferred pursuant to regulatory authorization.


⁽²⁾	Infrastructure mechanisms in Texas and Louisiana allow for the deferral of all expenses associated with capital expenditures incurred pursuant to these rules, which primarily consist of interest, depreciation and other taxes, until the next rate proceeding (rate case or annual rate filing), at which time investment and costs would be recoverable through base rates.