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Segment Information (Table)
12 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of segment reporting income statement, by segment
Summarized income statements and capital expenditures by segment are shown in the following tables.
 
Year Ended September 30, 2016
 
Regulated
Distribution
 
Regulated
Pipeline
 
Nonregulated
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
2,284,185

 
$
104,007

 
$
961,757

 
$

 
$
3,349,949

Intersegment revenues
7,681

 
304,826

 
104,606

 
(417,113
)
 

 
2,291,866

 
408,833

 
1,066,363

 
(417,113
)
 
3,349,949

Purchased gas cost
1,019,061

 

 
1,002,573

 
(416,581
)
 
1,605,053

Gross profit
1,272,805

 
408,833

 
63,790

 
(532
)
 
1,744,896

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
404,115

 
129,525

 
27,658

 
(532
)
 
560,766

Depreciation and amortization
233,036

 
55,576

 
4,484

 

 
293,096

Taxes, other than income
196,070

 
24,298

 
2,648

 

 
223,016

Total operating expenses
833,221

 
209,399

 
34,790

 
(532
)
 
1,076,878

Operating income
439,584

 
199,434

 
29,000

 

 
668,018

Miscellaneous income (expense)
455

 
(1,683
)
 
1,443

 
(1,808
)
 
(1,593
)
Interest charges
79,404

 
36,574

 
1,778

 
(1,808
)
 
115,948

Income before income taxes
360,635

 
161,177

 
28,665

 

 
550,477

Income tax expense
128,265

 
59,488

 
12,620

 

 
200,373

Net income
$
232,370

 
$
101,689

 
$
16,045

 
$

 
$
350,104

Capital expenditures
$
740,039

 
$
346,400

 
$
511

 
$

 
$
1,086,950



 
Year Ended September 30, 2015
 
Regulated
Distribution
 
Regulated
Pipeline
 
Nonregulated
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
2,757,585

 
$
97,662

 
$
1,286,889

 
$

 
$
4,142,136

Intersegment revenues
6,250

 
272,450

 
185,320

 
(464,020
)
 

 
2,763,835

 
370,112

 
1,472,209

 
(464,020
)
 
4,142,136

Purchased gas cost
1,526,258

 

 
1,399,349

 
(463,488
)
 
2,462,119

Gross profit
1,237,577

 
370,112

 
72,860

 
(532
)
 
1,680,017

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
388,486

 
118,866

 
35,048

 
(532
)
 
541,868

Depreciation and amortization
223,048

 
47,236

 
4,512

 

 
274,796

Taxes, other than income
205,894

 
22,743

 
3,321

 

 
231,958

Total operating expenses
817,428

 
188,845

 
42,881

 
(532
)
 
1,048,622

Operating income
420,149

 
181,267

 
29,979

 

 
631,395

Miscellaneous expense
(377
)
 
(1,243
)
 
(760
)
 
(2,009
)
 
(4,389
)
Interest charges
84,132

 
33,151

 
967

 
(2,009
)
 
116,241

Income before income taxes
335,640

 
146,873

 
28,252

 

 
510,765

Income tax expense
130,827

 
52,211

 
12,652

 

 
195,690

Net income
$
204,813

 
$
94,662

 
$
15,600

 
$

 
$
315,075

Capital expenditures
$
670,575

 
$
291,603

 
$
1,443

 
$

 
$
963,621


 
Year Ended September 30, 2014
 
Regulated
Distribution
 
Regulated
Pipeline
 
Nonregulated
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
3,056,212

 
$
92,166

 
$
1,792,538

 
$

 
$
4,940,916

Intersegment revenues
5,334

 
226,293

 
274,754

 
(506,381
)
 

 
3,061,546

 
318,459

 
2,067,292

 
(506,381
)
 
4,940,916

Purchased gas cost
1,885,031

 

 
1,979,337

 
(505,878
)
 
3,358,490

Gross profit
1,176,515

 
318,459

 
87,955

 
(503
)
 
1,582,426

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
387,228

 
91,466

 
26,963

 
(503
)
 
505,154

Depreciation and amortization
208,376

 
41,031

 
4,580

 

 
253,987

Taxes, other than income
196,343

 
13,143

 
2,450

 

 
211,936

Total operating expenses
791,947

 
145,640

 
33,993

 
(503
)
 
971,077

Operating income
384,568

 
172,819

 
53,962

 

 
611,349

Miscellaneous income (expense)
(381
)
 
(3,181
)
 
2,216

 
(3,889
)
 
(5,235
)
Interest charges
94,918

 
36,280

 
1,986

 
(3,889
)
 
129,295

Income before income taxes
289,269

 
133,358

 
54,192

 

 
476,819

Income tax expense
117,684

 
47,167

 
22,151

 

 
187,002

Net income
$
171,585

 
$
86,191

 
$
32,041

 
$

 
$
289,817

Capital expenditures
$
574,372

 
$
248,230

 
$
1,839

 
$

 
$
824,441

Revenue from External Customers by Products and Services
The following table summarizes our revenues from external parties by products and services for the fiscal year ended September 30.
 
2016
 
2015
 
2014
 
(In thousands)
Regulated distribution revenues:
 
 
 
 
 
Gas sales revenues:
 
 
 
 
 
Residential
$
1,477,049

 
$
1,761,689

 
$
1,933,099

Commercial
619,979

 
772,187

 
876,042

Industrial
51,999

 
74,981

 
90,536

Public authority and other
41,307

 
53,401

 
64,779

Total gas sales revenues
2,190,334

 
2,662,258

 
2,964,456

Transportation revenues
70,383

 
67,475

 
64,049

Other gas revenues
23,468

 
27,852

 
27,707

Total regulated distribution revenues
2,284,185

 
2,757,585

 
3,056,212

Regulated pipeline revenues
104,007

 
97,662

 
92,166

Nonregulated revenues
961,757

 
1,286,889

 
1,792,538

Total operating revenues
$
3,349,949

 
$
4,142,136

 
$
4,940,916

Schedule of segment reporting balance sheet information, by segment
Balance sheet information at September 30, 2016 and 2015 by segment is presented in the following tables.
 
September 30, 2016
 
Regulated
Distribution
 
Regulated
Pipeline
 
Nonregulated
 
Eliminations
 
Consolidated
 
(In thousands)
ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
$
6,220,425

 
$
2,008,997

 
$
51,089

 
$

 
$
8,280,511

Investment in subsidiaries
1,026,859

 

 

 
(1,026,859
)
 

Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
21,072

 

 
26,462

 

 
47,534

Assets from risk management activities
3,029

 

 
6,775

 

 
9,804

Other current assets
446,868

 
19,204

 
367,220

 
(208,944
)
 
624,348

Intercompany receivables
978,093

 

 

 
(978,093
)
 

Total current assets
1,449,062

 
19,204

 
400,457

 
(1,187,037
)
 
681,686

Goodwill
576,114

 
132,582

 
34,711

 

 
743,407

Noncurrent assets from risk management activities
1,822

 

 

 

 
1,822

Deferred charges and other assets
275,496

 
27,631

 
336

 

 
303,463

 
$
9,549,778

 
$
2,188,414

 
$
486,593

 
$
(2,213,896
)
 
$
10,010,889

CAPITALIZATION AND LIABILITIES
 
 
 
 
 
 
 
 
 
Shareholders’ equity
$
3,463,059

 
$
678,964

 
$
347,895

 
$
(1,026,859
)
 
$
3,463,059

Long-term debt
2,188,779

 

 

 

 
2,188,779

Total capitalization
5,651,838

 
678,964

 
347,895

 
(1,026,859
)
 
5,651,838

Current liabilities
 
 
 
 
 
 
 
 
 
Current maturities of long-term debt
250,000

 

 

 

 
250,000

Short-term debt
1,026,811

 

 

 
(197,000
)
 
829,811

Liabilities from risk management activities
56,771

 

 

 

 
56,771

Other current liabilities
549,328

 
22,427

 
91,888

 
(11,944
)
 
651,699

Intercompany payables

 
950,215

 
27,878

 
(978,093
)
 

Total current liabilities
1,882,910

 
972,642

 
119,766

 
(1,187,037
)
 
1,788,281

Deferred income taxes
1,058,895

 
536,732

 
7,429

 

 
1,603,056

Noncurrent liabilities from risk management activities
184,048

 

 

 

 
184,048

Regulatory cost of removal obligation
424,281

 

 

 

 
424,281

Pension and postretirement liabilities
297,743

 

 

 

 
297,743

Deferred credits and other liabilities
50,063

 
76

 
11,503

 

 
61,642

 
$
9,549,778

 
$
2,188,414

 
$
486,593

 
$
(2,213,896
)
 
$
10,010,889


 
September 30, 2015
 
Regulated
Distribution
 
Regulated
Pipeline
 
Nonregulated
 
Eliminations
 
Consolidated
 
(In thousands)
ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
$
5,670,306

 
$
1,706,449

 
$
53,825

 
$

 
$
7,430,580

Investment in subsidiaries
1,038,670

 

 
(2,096
)
 
(1,036,574
)
 

Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
23,863

 

 
4,790

 

 
28,653

Assets from risk management activities
378

 

 
8,854

 

 
9,232

Other current assets
421,591

 
24,628

 
480,503

 
(338,301
)
 
588,421

Intercompany receivables
887,713

 

 

 
(887,713
)
 

Total current assets
1,333,545

 
24,628

 
494,147

 
(1,226,014
)
 
626,306

Goodwill
575,449

 
132,542

 
34,711

 

 
742,702

Noncurrent assets from risk management activities
368

 

 

 

 
368

Deferred charges and other assets
252,499

 
17,288

 
5,329

 

 
275,116

 
$
8,870,837

 
$
1,880,907

 
$
585,916

 
$
(2,262,588
)
 
$
9,075,072

CAPITALIZATION AND LIABILITIES
 
 
 
 
 
 
 
 
 
Shareholders’ equity
$
3,194,797

 
$
577,275

 
$
461,395

 
$
(1,038,670
)
 
$
3,194,797

Long-term debt
2,437,515

 

 

 

 
2,437,515

Total capitalization
5,632,312

 
577,275

 
461,395

 
(1,038,670
)
 
5,632,312

Current liabilities
 
 
 
 
 
 
 
 
 
Short-term debt
782,927

 

 

 
(325,000
)
 
457,927

Liabilities from risk management activities
9,568

 

 

 

 
9,568

Other current liabilities
569,273

 
29,780

 
99,480

 
(11,205
)
 
687,328

Intercompany payables

 
867,409

 
20,304

 
(887,713
)
 

Total current liabilities
1,361,768

 
897,189

 
119,784

 
(1,223,918
)
 
1,154,823

Deferred income taxes
1,008,091

 
406,254

 
(3,030
)
 

 
1,411,315

Noncurrent liabilities from risk management activities
110,539

 

 

 

 
110,539

Regulatory cost of removal obligation
427,553

 

 

 

 
427,553

Pension and postretirement liabilities
287,373

 

 

 

 
287,373

Deferred credits and other liabilities
43,201

 
189

 
7,767

 

 
51,157

 
$
8,870,837

 
$
1,880,907

 
$
585,916

 
$
(2,262,588
)
 
$
9,075,072