Segment Information (Table)

9 Months Ended

Jun. 30, 2021

Schedule of Segment Reporting Information, by Segment

Income statements and capital expenditures for the three and nine months ended June 30, 2021 and 2020 by segment are presented in the following tables:


	Three Months Ended June 30, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	557,931	$	47,622	$	—	$	605,553
Intersegment revenues	819		115,365		(116,184)		—
Total operating revenues	558,750		162,987		(116,184)		605,553
Purchased gas cost	202,050		691		(115,871)		86,870
Operation and maintenance expense	130,454		54,329		(313)		184,470
Depreciation and amortization expense	86,099		33,249		—		119,348
Taxes, other than income	72,024		9,451		—		81,475
Operating income	68,123		65,267		—		133,390
Other non-operating income	1,060		4,827		—		5,887
Interest charges	8,540		12,422		—		20,962
Income before income taxes	60,643		57,672		—		118,315
Income tax expense	7,354		8,550		—		15,904
Net income	$	53,289	$	49,122	$	—	$	102,411
Capital expenditures	$	398,416	$	113,816	$	—	$	512,232


	Three Months Ended June 30, 2020
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	434,650	$	58,345	$	—	$	492,995
Intersegment revenues	658		99,663		(100,321)		—
Total operating revenues	435,308		158,008		(100,321)		492,995
Purchased gas cost	126,093		(11)		(100,010)		26,072
Operation and maintenance expense	107,537		42,234		(311)		149,460
Depreciation and amortization expense	77,187		29,917		—		107,104
Taxes, other than income	61,980		9,344		—		71,324
Operating income	62,511		76,524		—		139,035
Other non-operating income	5,167		2,068		—		7,235
Interest charges	7,969		11,611		—		19,580
Income before income taxes	59,709		66,981		—		126,690
Income tax expense	810		8,089		—		8,899
Net income	$	58,899	$	58,892	$	—	$	117,791
Capital expenditures	$	342,385	$	68,551	$	—	$	410,936



	Nine Months Ended June 30, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	2,715,644	$	123,462	$	—	$	2,839,106
Intersegment revenues	2,430		353,406		(355,836)		—
Total operating revenues	2,718,074		476,868		(355,836)		2,839,106
Purchased gas cost	1,304,269		(440)		(354,890)		948,939
Operation and maintenance expense	363,246		117,188		(946)		479,488
Depreciation and amortization expense	254,636		98,633		—		353,269
Taxes, other than income	214,991		28,385		—		243,376
Operating income	580,932		233,102		—		814,034
Other non-operating income	1,135		13,658		—		14,793
Interest charges	33,269		35,799		—		69,068
Income before income taxes	548,798		210,961		—		759,759
Income tax expense	109,481		33,435		—		142,916
Net income	$	439,317	$	177,526	$	—	$	616,843
Capital expenditures	$	1,000,616	$	357,344	$	—	$	1,357,960



	Nine Months Ended June 30, 2020
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	2,194,786	$	151,437	$	—	$	2,346,223
Intersegment revenues	2,031		300,984		(303,015)		—
Total operating revenues	2,196,817		452,421		(303,015)		2,346,223
Purchased gas cost	942,586		290		(302,053)		640,823
Operation and maintenance expense	337,740		112,751		(962)		449,529
Depreciation and amortization expense	229,526		88,556		—		318,082
Taxes, other than income	190,636		23,899		—		214,535
Operating income	496,329		226,925		—		723,254
Other non-operating income	1,930		7,203		—		9,133
Interest charges	35,128		33,852		—		68,980
Income before income taxes	463,131		200,276		—		663,407
Income tax expense	87,411		39,886		—		127,297
Net income	$	375,720	$	160,390	$	—	$	536,110
Capital expenditures	$	1,119,945	$	285,728	$	—	$	1,405,673

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


	June 30, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Property, plant and equipment, net	$	10,802,062	$	3,675,687	$	—	$	14,477,749
Total assets	$	18,563,345	$	3,906,816	$	(3,154,726)	$	19,315,435


	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