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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
 
Distribution
 
Pipeline and Storage
 
Natural Gas Marketing
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
2,338,404

 
$
116,244

 
$

 
$

 
$
2,454,648

Intersegment revenues
1,374

 
310,952

 

 
(312,326
)
 

 
2,339,778

 
427,196

 

 
(312,326
)
 
2,454,648

Purchased gas cost
1,058,576

 
(58
)
 

 
(312,326
)
 
746,192

Gross profit
1,281,202

 
427,254

 

 

 
1,708,456

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
407,982

 
130,610

 

 

 
538,592

Depreciation and amortization
234,109

 
56,682

 

 

 
290,791

Taxes, other than income
197,227

 
24,616

 

 

 
221,843

Total operating expenses
839,318

 
211,908

 

 

 
1,051,226

Operating income
441,884

 
215,346

 

 

 
657,230

Miscellaneous income (expense)
1,171

 
(1,405
)
 

 

 
(234
)
Interest charges
78,238

 
36,574

 

 

 
114,812

Income from continuing operations before income taxes
364,817

 
177,367

 

 

 
542,184

Income tax expense
130,987

 
65,655

 

 

 
196,642

Income from continuing operations
233,830

 
111,712

 

 

 
345,542

Income from discontinued operations, net of tax

 

 
4,562

 

 
4,562

Net income
$
233,830

 
$
111,712

 
$
4,562

 
$

 
$
350,104

Capital expenditures
$
740,246

 
$
346,383

 
$
321

 
$

 
$
1,086,950



 
Year Ended September 30, 2015
 
Distribution
 
Pipeline and Storage
 
Natural Gas Marketing
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
2,819,977

 
$
107,008

 
$

 
$

 
$
2,926,985

Intersegment revenues
1,385

 
277,949

 

 
(279,334
)
 

 
2,821,362

 
384,957

 

 
(279,334
)
 
2,926,985

Purchased gas cost
1,574,447

 
562

 

 
(279,334
)
 
1,295,675

Gross profit
1,246,915

 
384,395

 

 

 
1,631,310

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
393,504

 
122,902

 

 

 
516,406

Depreciation and amortization
224,094

 
48,314

 

 

 
272,408

Taxes, other than income
206,625

 
23,639

 

 

 
230,264

Total operating expenses
824,223

 
194,855

 

 

 
1,019,078

Operating income
422,692

 
189,540

 

 

 
612,232

Miscellaneous income (expense)
284

 
(1,103
)
 

 

 
(819
)
Interest charges
83,087

 
33,154

 

 

 
116,241

Income from continuing operations before income taxes
339,889

 
155,283

 

 

 
495,172

Income tax expense
134,069

 
55,480

 

 

 
189,549

Income from continuing operations
205,820

 
99,803

 

 

 
305,623

Income from discontinued operations, net of tax

 

 
9,452

 

 
9,452

Net income
$
205,820

 
$
99,803

 
$
9,452

 
$

 
$
315,075

Capital expenditures
$
670,620

 
$
292,775

 
$
226

 
$

 
$
963,621


 
Year Ended September 30, 2014
 
Distribution
 
Pipeline and Storage
 
Natural Gas Marketing
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
3,137,858

 
$
106,046

 
$

 
$

 
$
3,243,904

Intersegment revenues
1,363

 
231,494

 

 
(232,857
)
 

 
3,139,221

 
337,540

 

 
(232,857
)
 
3,243,904

Purchased gas cost
1,952,869

 
2,048

 

 
(232,857
)
 
1,722,060

Gross profit
1,186,352

 
335,492

 

 

 
1,521,844

Operating expenses
 
 
 
 
 
 
 
 
 
Operation and maintenance
391,747

 
90,729

 

 

 
482,476

Depreciation and amortization
209,485

 
42,187

 

 

 
251,672

Taxes, other than income
196,503

 
13,971

 

 

 
210,474

Total operating expenses
797,735

 
146,887

 

 

 
944,622

Operating income
388,617

 
188,605

 

 

 
577,222

Miscellaneous income (expense)
3

 
(3,006
)
 

 

 
(3,003
)
Interest charges
92,997

 
36,279

 

 

 
129,276

Income from continuing operations before income taxes
295,623

 
149,320

 

 

 
444,943

Income tax expense
121,165

 
53,447

 

 

 
174,612

Income from continuing operations
174,458

 
95,873

 

 

 
270,331

Income from discontinued operations, net of tax

 

 
19,486

 

 
19,486

Net income
$
174,458

 
$
95,873

 
$
19,486

 
$

 
$
289,817

Capital expenditures
$
574,656

 
$
248,226

 
$
1,559

 
$

 
$
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)
Distribution revenues:
 
 
 
 
 
Gas sales revenues:
 
 
 
 
 
Residential
$
1,477,049

 
$
1,761,689

 
$
1,933,099

Commercial
619,979

 
772,187

 
876,042

Industrial
98,439

 
131,034

 
166,736

Public authority and other
41,307

 
53,401

 
64,779

Total gas sales revenues
2,236,774

 
2,718,311

 
3,040,656

Transportation revenues
76,690

 
72,340

 
68,020

Other gas revenues
24,940

 
29,326

 
29,182

Total distribution revenues
2,338,404

 
2,819,977

 
3,137,858

Pipeline and storage revenues
116,244

 
107,008

 
106,046

Total operating revenues
$
2,454,648

 
$
2,926,985

 
$
3,243,904

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
 
Distribution
 
Pipeline and Storage
 
Natural Gas Marketing
 
Eliminations
 
Consolidated
 
(In thousands)
ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
$
6,208,465

 
$
2,060,141

 
$

 
$

 
$
8,268,606

Investment in subsidiaries
768,415

 
13,854

 

 
(782,269
)
 

Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
22,117

 

 
25,417

 

 
47,534

Current assets of disposal group classified as held for sale

 

 
162,508

 
(11,391
)
 
151,117

Other current assets
489,963

 
39,078

 
5

 
(46,011
)
 
483,035

Intercompany receivables
971,665

 

 

 
(971,665
)
 

Total current assets
1,483,745

 
39,078

 
187,930

 
(1,029,067
)
 
681,686

Goodwill
583,950

 
143,012

 

 

 
726,962

Noncurrent assets of disposal group classified as held for sale

 

 
28,785

 
(169
)
 
28,616

Deferred charges and other assets
277,240

 
27,779

 

 

 
305,019

 
$
9,321,815

 
$
2,283,864

 
$
216,715

 
$
(1,811,505
)
 
$
10,010,889

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

 
$
715,672

 
$
66,597

 
$
(782,269
)
 
$
3,463,059

Long-term debt
2,188,779

 

 

 

 
2,188,779

Total capitalization
5,651,838

 
715,672

 
66,597

 
(782,269
)
 
5,651,838

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

 

 

 

 
250,000

Short-term debt
829,811

 

 
35,000

 
(35,000
)
 
829,811

Current liabilities of disposal group classified as held for sale

 

 
81,908

 
(9,008
)
 
72,900

Other current liabilities
605,790

 
39,911

 
3,263

 
(13,394
)
 
635,570

Intercompany payables

 
957,526

 
14,139

 
(971,665
)
 

Total current liabilities
1,685,601

 
997,437

 
134,310

 
(1,029,067
)
 
1,788,281

Deferred income taxes
1,055,348

 
543,390

 
4,318

 

 
1,603,056

Regulatory cost of removal obligation
397,162

 
27,119

 

 

 
424,281

Pension and postretirement liabilities
297,743

 

 

 

 
297,743

Noncurrent liabilities of disposal group classified as held for sale

 

 
316

 

 
316

Deferred credits and other liabilities
234,123

 
246

 
11,174

 
(169
)
 
245,374

 
$
9,321,815

 
$
2,283,864

 
$
216,715

 
$
(1,811,505
)
 
$
10,010,889


 
September 30, 2015
 
Distribution
 
Pipeline and Storage
 
Natural Gas Marketing
 
Eliminations
 
Consolidated
 
(In thousands)
ASSETS
 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
$
5,656,788

 
$
1,759,912

 
$

 
$

 
$
7,416,700

Investment in subsidiaries
653,249

 
13,854

 

 
(667,103
)
 

Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
24,645

 

 
4,008

 

 
28,653

Current assets of disposal group classified as held for sale

 

 
148,904

 
(9,849
)
 
139,055

Other current assets
478,054

 
50,309

 
(3,385
)
 
(66,380
)
 
458,598

Intercompany receivables
863,088

 

 
2,960

 
(866,048
)
 

Total current assets
1,365,787

 
50,309

 
152,487

 
(942,277
)
 
626,306

Goodwill
583,285

 
142,972

 

 

 
726,257

Noncurrent assets of disposal group classified as held for sale

 

 
30,385

 

 
30,385

Deferred charges and other assets
257,635

 
17,890

 
(101
)
 

 
275,424

 
$
8,516,744

 
$
1,984,937

 
$
182,771

 
$
(1,609,380
)
 
$
9,075,072

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

 
$
629,820

 
$
37,283

 
$
(667,103
)
 
$
3,194,797

Long-term debt
2,437,515

 

 

 

 
2,437,515

Total capitalization
5,632,312

 
629,820

 
37,283

 
(667,103
)
 
5,632,312

Current liabilities
 
 
 
 
 
 
 
 
 
Short-term debt
457,927

 

 
50,000

 
(50,000
)
 
457,927

Current liabilities of the disposal group classified as held for sale

 

 
89,471

 
(14,911
)
 
74,560

Other current liabilities
578,439

 
49,352

 
5,863

 
(11,318
)
 
622,336

Intercompany payables

 
866,048

 

 
(866,048
)
 

Total current liabilities
1,036,366

 
915,400

 
145,334

 
(942,277
)
 
1,154,823

Deferred income taxes
1,007,198

 
411,722

 
(7,605
)
 

 
1,411,315

Regulatory cost of removal obligation
399,747

 
27,806

 

 

 
427,553

Pension and postretirement liabilities
287,373

 

 

 

 
287,373

Noncurrent liabilities of disposal group classified as held for sale

 

 
347

 

 
347

Deferred credits and other liabilities
153,748

 
189

 
7,412

 

 
161,349

 
$
8,516,744

 
$
1,984,937

 
$
182,771

 
$
(1,609,380
)
 
$
9,075,072