Segment Information (Table)

6 Months Ended

Mar. 31, 2021

Schedule of Segment Reporting Information, by Segment

Income statements and capital expenditures for the three and six months ended March 31, 2021 and 2020 by segment are presented in the following tables:


	Three Months Ended March 31, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	1,281,826	$	37,247	$	—	$	1,319,073
Intersegment revenues	848		116,921		(117,769)		—
Total operating revenues	1,282,674		154,168		(117,769)		1,319,073
Purchased gas cost	691,147		113		(117,451)		573,809
Operation and maintenance expense	123,990		32,703		(318)		156,375
Depreciation and amortization expense	85,667		32,969		—		118,636
Taxes, other than income	78,615		9,834		—		88,449
Operating income	303,255		78,549		—		381,804
Other non-operating income (expense)	(760)		3,594		—		2,834
Interest charges	14,017		12,079		—		26,096
Income before income taxes	288,478		70,064		—		358,542
Income tax expense	56,142		5,646		—		61,788
Net income	$	232,336	$	64,418	$	—	$	296,754
Capital expenditures	$	296,184	$	92,735	$	—	$	388,919


	Three Months Ended March 31, 2020
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	932,296	$	45,369	$	—	$	977,665
Intersegment revenues	709		100,868		(101,577)		—
Total operating revenues	933,005		146,237		(101,577)		977,665
Purchased gas cost	418,935		202		(101,254)		317,883
Operation and maintenance expense	115,851		32,296		(323)		147,824
Depreciation and amortization expense	76,265		29,651		—		105,916
Taxes, other than income	68,413		6,191		—		74,604
Operating income	253,541		77,897		—		331,438
Other non-operating income (expense)	(5,191)		2,202		—		(2,989)
Interest charges	10,797		11,374		—		22,171
Income before income taxes	237,553		68,725		—		306,278
Income tax expense	50,489		16,143		—		66,632
Net income	$	187,064	$	52,582	$	—	$	239,646
Capital expenditures	$	373,313	$	92,238	$	—	$	465,551



	Six Months Ended March 31, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	2,157,713	$	75,840	$	—	$	2,233,553
Intersegment revenues	1,611		238,041		(239,652)		—
Total operating revenues	2,159,324		313,881		(239,652)		2,233,553
Purchased gas cost	1,102,219		(1,131)		(239,019)		862,069
Operation and maintenance expense	232,792		62,859		(633)		295,018
Depreciation and amortization expense	168,537		65,384		—		233,921
Taxes, other than income	142,967		18,934		—		161,901
Operating income	512,809		167,835		—		680,644
Other non-operating income	75		8,831		—		8,906
Interest charges	24,729		23,377		—		48,106
Income before income taxes	488,155		153,289		—		641,444
Income tax expense	102,127		24,885		—		127,012
Net income	$	386,028	$	128,404	$	—	$	514,432
Capital expenditures	$	602,200	$	243,528	$	—	$	845,728



	Six Months Ended March 31, 2020
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	1,760,136	$	93,092	$	—	$	1,853,228
Intersegment revenues	1,373		201,321		(202,694)		—
Total operating revenues	1,761,509		294,413		(202,694)		1,853,228
Purchased gas cost	816,493		301		(202,043)		614,751
Operation and maintenance expense	230,203		70,517		(651)		300,069
Depreciation and amortization expense	152,339		58,639		—		210,978
Taxes, other than income	128,656		14,555		—		143,211
Operating income	433,818		150,401		—		584,219
Other non-operating income (expense)	(3,237)		5,135		—		1,898
Interest charges	27,159		22,241		—		49,400
Income before income taxes	403,422		133,295		—		536,717
Income tax expense	86,601		31,797		—		118,398
Net income	$	316,821	$	101,498	$	—	$	418,319
Capital expenditures	$	777,560	$	217,177	$	—	$	994,737

Balance sheet information at March 31, 2021 and September 30, 2020 by segment is presented in the following tables:


	March 31, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Property, plant and equipment, net	$	10,465,072	$	3,574,516	$	—	$	14,039,588
Total assets	$	18,661,545	$	3,799,037	$	(3,051,772)	$	19,408,810


	September 30, 2020
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Property, plant and equipment, net	$	9,944,978	$	3,410,369	$	—	$	13,355,347
Total assets	$	14,578,176	$	3,647,907	$	(2,867,051)	$	15,359,032