Shareholders' Equity (Tables)

3 Months Ended

Dec. 31, 2024

Schedule of Reconciliation of Changes in Stockholders Equity

The following tables present a reconciliation of changes in stockholders' equity for the three months ended December 31, 2024 and 2023.


	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, 2024	155,258,845	$	776	$	7,474,559	$	465,715	$	4,216,619	$	12,157,669
Net income	—	—		—		—		351,858		351,858
Other comprehensive income	—	—		—		16,423		—		16,423


Cash dividends ($0.87 per share)	—	—		—		—		(135,453)		(135,453)

Common stock issued:
Public and other stock offerings	3,329,358	17		383,520		—		—		383,537
Stock-based compensation plans	137,862	1		6,446		—		—		6,447
Balance, December 31, 2024	158,726,065	$	794	$	7,864,525	$	482,138	$	4,433,024	$	12,780,481


	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, 2023	148,492,783	$	742	$	6,684,120	$	518,528	$	3,666,674	$	10,870,064
Net income	—	—		—		—		311,292		311,292
Other comprehensive loss	—	—		—		(49,936)		—		(49,936)


Cash dividends ($0.805 per share)	—	—		—		—		(119,898)		(119,898)

Common stock issued:
Public and other stock offerings	2,177,864	11		257,757		—		—		257,768
Stock-based compensation plans	163,750	1		3,918		—		—		3,919
Balance, December 31, 2023	150,834,397	$	754	$	6,945,795	$	468,592	$	3,858,068	$	11,273,209

Schedule of Forward Sales Agreements

Additionally, we had $1.5 billion in available proceeds from outstanding forward sale agreements, as detailed below.



Maturity	Shares Available	Net Proceeds Available (In thousands)		Forward Price
June 30, 2025	630,514	$	73,312	$	116.27
September 30, 2025	815,655	96,179		$	117.92
December 31, 2025	2,344,567	297,079		$	126.71
March 31, 2026	3,627,033	462,383		$	127.48
June 30, 2026	669,043	88,951		$	132.95
December 31, 2026	3,300,000	457,866		$	138.75
Total	11,386,812	$	1,475,770	$	129.60

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, 2024	$	213	$	465,502	$	465,715
Other comprehensive income (loss) before reclassifications	(138)		19,719		19,581
Amounts reclassified from accumulated other comprehensive income	—		(3,158)		(3,158)
Net current-period other comprehensive income (loss)	(138)		16,561		16,423

December 31, 2024	$	75	$	482,063	$	482,138


	Available- for-Sale Securities		Interest Rate Agreement Cash Flow Hedges		Total
	(In thousands)
September 30, 2023	$	(369)	$	518,897	$	518,528
Other comprehensive income (loss) before reclassifications	296		(47,741)		(47,445)
Amounts reclassified from accumulated other comprehensive income	—		(2,491)		(2,491)
Net current-period other comprehensive income (loss)	296		(50,232)		(49,936)

December 31, 2023	$	(73)	$	468,665	$	468,592