Segment Information (Tables)

3 Months Ended

Dec. 31, 2024

Income statements and capital expenditures for the three months ended December 31, 2024 and 2023 by segment are presented in the following tables:


	Three Months Ended December 31, 2024
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	1,108,569	$	67,430	$	—	$	1,175,999
Intersegment revenues	766		187,960		(188,726)		—
Total operating revenues	1,109,335		255,390		(188,726)		1,175,999
Purchased gas cost	422,570		(58)		(188,464)		234,048
Operation and maintenance expense	154,514		52,792		(262)		207,044
Depreciation and amortization expense	133,627		46,906		—		180,533
Taxes, other than income	82,576		12,318		—		94,894
Operating income	316,048		143,432		—		459,480
Other non-operating income	10,084		14,550		—		24,634
Interest charges	34,249		18,676		—		52,925
Income before income taxes	291,883		139,306		—		431,189
Income tax expense	51,670		27,661		—		79,331
Net income	$	240,213	$	111,645	$	—	$	351,858
Capital expenditures	$	625,649	$	265,542	$	—	$	891,191


	Three Months Ended December 31, 2023
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Operating revenues from external parties	$	1,104,619	$	53,848	$	—	$	1,158,467
Intersegment revenues	719		157,321		(158,040)		—
Total operating revenues	1,105,338		211,169		(158,040)		1,158,467
Purchased gas cost	496,662		4		(157,797)		338,869
Operation and maintenance expense	127,615		38,973		(243)		166,345
Depreciation and amortization expense	119,685		44,923		—		164,608
Taxes, other than income	80,895		8,645		—		89,540
Operating income	280,481		118,624		—		399,105
Other non-operating income	5,839		12,047		—		17,886
Interest charges	34,581		17,294		—		51,875
Income before income taxes	251,739		113,377		—		365,116
Income tax expense	30,302		23,522		—		53,824
Net income	$	221,437	$	89,855	$	—	$	311,292
Capital expenditures	$	539,158	$	230,492	$	—	$	769,650

Balance sheet information at December 31, 2024 and September 30, 2024 by segment is presented in the following tables:


	December 31, 2024
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Net property, plant and equipment	$	16,942,174	$	6,019,869	$	—	$	22,962,043
Total assets	$	25,623,410	$	6,341,439	$	(5,467,756)	$	26,497,093


	September 30, 2024
	Distribution		Pipeline and Storage		Eliminations		Consolidated
	(In thousands)
Net property, plant and equipment	$	16,372,659	$	5,831,708	$	—	$	22,204,367
Total assets	$	24,328,877	$	6,181,558	$	(5,315,970)	$	25,194,465