Shareholders' Equity (Tables)

9 Months Ended

Jun. 30, 2022

Equity [Abstract]

Reconciliation of Changes in Stockholders Equity

The following tables present a reconciliation of changes in stockholders' equity for the three and nine months ended June 30, 2022 and 2021.

	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
Net income	—	—		—		—		324,999		324,999
Other comprehensive income	—	—		—		121,723		—		121,723
Cash dividends ($0.68 per share)	—	—		—		—		(93,533)		(93,533)
Common stock issued:
Public and other stock offerings	3,509,116	18		336,451		—		—		336,469
Stock-based compensation plans	77,832	—		4,028		—		—		4,028
Balance, March 31, 2022	139,012,029	695		5,634,020		145,579		3,202,937		8,983,231
Net income	—	—		—		—		128,547		128,547
Other comprehensive income	—	—		—		159,631		—		159,631
Cash dividends ($0.68 per share)	—	—		—		—		(95,312)		(95,312)
Common stock issued:
Public and other stock offerings	801,952	4		84,656		—		—		84,660
Stock-based compensation plans	74,775	—		7,414		—		—		7,414
Balance, June 30, 2022	139,888,756	$	699	$	5,726,090	$	305,210	$	3,236,172	$	9,268,171

	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
Net income	—	—		—		—		296,754		296,754
Other comprehensive income	—	—		—		137,939		—		137,939
Cash dividends ($0.625 per share)	—	—		—		—		(80,325)		(80,325)
Common stock issued:
Public and other stock offerings	2,498,026	12		248,948		—		—		248,960
Stock-based compensation plans	16,122	—		4,441		—		—		4,441
Balance, March 31, 2021	130,667,109	653		4,853,703		140,471		2,826,098		7,820,925
Net income	—	—		—		—		102,411		102,411
Other comprehensive loss	—	—		—		(79,232)		—		(79,232)
Cash dividends ($0.625 per share)	—	—		—		—		(81,912)		(81,912)
Common stock issued:
Public and other stock offerings	39,078	1		3,829		—		—		3,830
Stock-based compensation plans	80,852	—		7,736		—		—		7,736
Balance, June 30, 2021	130,787,039	$	654	$	4,865,268	$	61,239	$	2,846,597	$	7,773,758

Summary of Forward Sales Agreements

Additionally, we had $700.9 million in available proceeds from outstanding forward sale agreements, as detailed below.

Maturity	Shares Available	Net Proceeds Available (In thousands)		Forward Price
September 29, 2023	5,527,318	$	595,261	$	107.69
December 29, 2023	919,898	105,634		$	114.83
Total	6,447,216	$	700,895	$	108.71

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 income (loss) before reclassifications	(336)		233,511		233,175
Amounts reclassified from accumulated other comprehensive income	—		2,232		2,232
Net current-period other comprehensive income (loss)	(336)		235,743		235,407
June 30, 2022	$	(289)	$	305,499	$	305,210

	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	(165)		115,568		115,403
Amounts reclassified from accumulated other comprehensive income	—		3,425		3,425
Net current-period other comprehensive income (loss)	(165)		118,993		118,828
June 30, 2021	$	73	$	61,166	$	61,239