Segment Information (Tables)

9 Months Ended

Jun. 30, 2022

Schedule of Segment Reporting Information, by Segment

Income statements and capital expenditures for the three and nine months ended June 30, 2022 and 2021 by segment are presented in the following tables:


	Three Months Ended June 30, 2022
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	772,497	$	43,932	$	—	$	816,429
Intersegment revenues	814		139,480		(140,294)		—
Total operating revenues	773,311		183,412		(140,294)		816,429
Purchased gas cost	390,559		(1,347)		(140,053)		249,159
Operation and maintenance expense	133,654		48,912		(241)		182,325
Depreciation and amortization expense	97,106		37,125		—		134,231
Taxes, other than income	85,933		10,194		—		96,127
Operating income	66,059		88,528		—		154,587
Other non-operating income	6,708		6,555		—		13,263
Interest charges	12,341		13,849		—		26,190
Income before income taxes	60,426		81,234		—		141,660
Income tax expense	3,025		10,088		—		13,113
Net income	$	57,401	$	71,146	$	—	$	128,547
Capital expenditures	$	417,244	$	118,766	$	—	$	536,010


	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



	Nine Months Ended June 30, 2022
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	3,353,800	$	125,234	$	—	$	3,479,034
Intersegment revenues	2,479		384,843		(387,322)		—
Total operating revenues	3,356,279		510,077		(387,322)		3,479,034
Purchased gas cost	1,881,212		(3,075)		(386,437)		1,491,700
Operation and maintenance expense	378,479		127,193		(885)		504,787
Depreciation and amortization expense	286,515		108,946		—		395,461
Taxes, other than income	242,214		29,292		—		271,506
Operating income	567,859		247,721		—		815,580
Other non-operating income	9,173		18,005		—		27,178
Interest charges	36,046		38,923		—		74,969
Income before income taxes	540,986		226,803		—		767,789
Income tax expense	35,163		29,871		—		65,034
Net income	$	505,823	$	196,932	$	—	$	702,755
Capital expenditures	$	1,217,094	$	508,945	$	—	$	1,726,039



	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

Balance sheet information at June 30, 2022 and September 30, 2021 by segment is presented in the following tables:


	June 30, 2022
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Property, plant and equipment, net	$	12,314,182	$	4,242,421	$	—	$	16,556,603
Total assets	$	20,891,285	$	4,497,125	$	(3,732,926)	$	21,655,484


	September 30, 2021
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Property, plant and equipment, net	$	11,232,649	$	3,831,321	$	—	$	15,063,970
Total assets	$	18,847,266	$	4,076,844	$	(3,315,448)	$	19,608,662