Shareholders' Equity (Tables)

3 Months Ended

Dec. 31, 2021

Reconciliation of Changes in Stockholders Equity

The following tables present a reconciliation of changes in stockholders' equity for the three months ended December 31, 2021 and 2020.


	Common stock			Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings		Total
	Number of Shares	Stated Value
	(In thousands, except share and per share data)
Balance, September 30, 2021	132,419,754	$	662	$	5,023,751	$	69,803	$	2,812,673	$	7,906,889
Net income	—	—		—		—		249,209		249,209
Other comprehensive loss	—	—		—		(45,947)		—		(45,947)


Cash dividends ($0.68 per share)	—	—		—		—		(90,411)		(90,411)

Common stock issued:
Public and other stock offerings	2,730,115	13		265,848		—		—		265,861
Stock-based compensation plans	275,212	2		3,942		—		—		3,944
Balance, December 31, 2021	135,425,081	$	677	$	5,293,541	$	23,856	$	2,971,471	$	8,289,545


	Common stock			Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings		Total
	Number of Shares	Stated Value
	(In thousands, except share and per share data)
Balance, September 30, 2020	125,882,477	$	629	$	4,377,149	$	(57,589)	$	2,471,014	$	6,791,203
Net income	—	—		—		—		217,678		217,678
Other comprehensive income	—	—		—		60,121		—		60,121


Cash dividends ($0.625 per share)	—	—		—		—		(79,023)		(79,023)

Common stock issued:
Public and other stock offerings	2,126,118	11		219,998		—		—		220,009
Stock-based compensation plans	144,366	1		3,167		—		—		3,168
Balance, December 31, 2020	128,152,961	$	641	$	4,600,314	$	2,532	$	2,609,669	$	7,213,156

Summary of Forward Sales Agreements

Additionally, we had $294.7 million in available proceeds from outstanding forward sale agreements, as detailed below.



Maturity	Shares Available	Net Proceeds Available (In thousands)		Forward Price
September 30, 2022	1,142,291	$	108,348	$	94.85
November 30, 2022	1,319,733	124,680		$	94.47
June 30, 2023	632,416	61,657		$	97.49
Total	3,094,440	$	294,685	$	95.23

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables provide the components of our accumulated other comprehensive income (loss) balances, net of the related tax effects allocated to each component of other comprehensive income (loss).


	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2021	$	47	$	69,756	$	69,803
Other comprehensive loss before reclassifications	(69)		(46,622)		(46,691)
Amounts reclassified from accumulated other comprehensive income	—		744		744
Net current-period other comprehensive loss	(69)		(45,878)		(45,947)

December 31, 2021	$	(22)	$	23,878	$	23,856


	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2020	$	238	$	(57,827)	$	(57,589)
Other comprehensive income (loss) before reclassifications	(63)		59,042		58,979
Amounts reclassified from accumulated other comprehensive income	—		1,142		1,142
Net current-period other comprehensive income (loss)	(63)		60,184		60,121

December 31, 2020	$	175	$	2,357	$	2,532