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Segment Information (Table)
3 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Income statements and capital expenditures for the three months ended December 31, 2019 and 2018 by segment are presented in the following tables:
 
Three Months Ended December 31, 2019
 
Distribution
 
Pipeline and Storage
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
827,840

 
$
47,723

 
$

 
$
875,563

Intersegment revenues
664

 
100,453

 
(101,117
)
 

Total operating revenues
828,504

 
148,176

 
(101,117
)
 
875,563

Purchased gas cost
397,558

 
99

 
(100,789
)
 
296,868

Operation and maintenance expense
114,352

 
38,221

 
(328
)
 
152,245

Depreciation and amortization expense
76,074

 
28,988

 

 
105,062

Taxes, other than income
60,243

 
8,364

 

 
68,607

Operating income
180,277

 
72,504

 

 
252,781

Other non-operating income
1,954

 
2,933

 

 
4,887

Interest charges
16,362

 
10,867

 

 
27,229

Income before income taxes
165,869

 
64,570

 

 
230,439

Income tax expense
36,112

 
15,654

 

 
51,766

Net income
$
129,757

 
$
48,916

 
$

 
$
178,673

Capital expenditures
$
404,247

 
$
124,939

 
$

 
$
529,186



 
Three Months Ended December 31, 2018
 
Distribution
 
Pipeline and Storage
 
Eliminations
 
Consolidated
 
(In thousands)
Operating revenues from external parties
$
838,181

 
$
39,601

 
$

 
$
877,782

Intersegment revenues
654

 
94,869

 
(95,523
)
 

Total operating revenues
838,835

 
134,470

 
(95,523
)
 
877,782

Purchased gas cost
437,732

 
(358
)
 
(95,209
)
 
342,165

Operation and maintenance expense
105,767

 
33,147

 
(314
)
 
138,600

Depreciation and amortization expense
69,709

 
26,356

 

 
96,065

Taxes, other than income
56,190

 
8,298

 

 
64,488

Operating income
169,437

 
67,027

 

 
236,464

Other non-operating expense
(6,477
)
 
(1,246
)
 

 
(7,723
)
Interest charges
18,210

 
9,639

 

 
27,849

Income before income taxes
144,750

 
56,142

 

 
200,892

Income tax expense
30,365

 
12,881

 

 
43,246

Net income
$
114,385

 
$
43,261

 
$

 
$
157,646

Capital expenditures
$
302,545

 
$
113,859

 
$

 
$
416,404


 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 







Balance sheet information at December 31, 2019 and September 30, 2019 by segment is presented in the following tables:
 
December 31, 2019
 
Distribution
 
Pipeline and Storage
 
Eliminations
 
Consolidated
 
(In thousands)
Property, plant and equipment, net
$
9,083,765

 
$
3,166,658

 
$

 
$
12,250,423

Total assets
$
13,599,293

 
$
3,389,655

 
$
(2,600,823
)
 
$
14,388,125


 
September 30, 2019
 
Distribution
 
Pipeline and Storage
 
Eliminations
 
Consolidated
 
(In thousands)
Property, plant and equipment, net
$
8,737,590

 
$
3,050,079

 
$

 
$
11,787,669

Total assets
$
12,579,741

 
$
3,279,323

 
$
(2,491,445
)
 
$
13,367,619