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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
ASSETS    
Property, plant and equipment $ 28,028,820 $ 24,784,285
Construction in progress 1,235,316 1,063,798
Total property, plant and equipment and construction in progress 29,264,136 25,848,083
Less accumulated depreciation and amortization 3,971,146 3,643,716
Net property, plant and equipment 25,292,990 22,204,367
Current assets    
Cash and cash equivalents 202,687 307,340
Restricted cash and cash equivalents 1,116 1,516
Cash and cash equivalents and restricted cash and cash equivalents 203,803 308,856
Accounts receivable, less allowance for uncollectible accounts of $45,259 in 2025 and $37,056 in 2024 375,509 365,882
Gas stored underground 171,756 169,508
Other current assets 301,627 288,068
Total current assets 1,052,695 1,132,314
Securitized intangible asset, less accumulated amortization of $18,473 in 2025 and $10,756 in 2024 (See Note 10) 75,127 82,844
Goodwill 731,257 731,257
Deferred charges and other assets 1,097,453 1,043,683
Total assets 28,249,522 25,194,465
Shareholders’ equity    
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: 2025 — 161,568,384 shares; 2024 — 155,258,845 shares 808 776
Additional paid-in capital 8,221,455 7,474,559
Accumulated other comprehensive income 475,015 465,715
Retained earnings 4,861,612 4,216,619
Shareholders’ equity 13,558,890 12,157,669
Long-term debt 8,907,169 7,783,646
Securitized long-term debt (See Note 10) 68,236 76,871
Total capitalization 22,534,295 20,018,186
Commitments and contingencies (See Note 14)
Current liabilities    
Accounts payable and accrued liabilities 506,516 445,397
Other current liabilities 835,557 750,620
Current maturities of long-term debt 11,775 1,651
Current maturities of securitized long-term debt (See Note 10) 8,767 8,207
Total current liabilities 1,362,615 1,205,875
Deferred income taxes 2,918,347 2,593,342
Regulatory excess deferred taxes (See Note 15) 117,482 177,315
Regulatory cost of removal obligation 532,461 507,815
Deferred credits and other liabilities 784,322 691,932
Total shareholders' equity and liabilities $ 28,249,522 $ 25,194,465