Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

6 Months Ended

Mar. 31, 2023

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	March 31, 2023		September 30, 2022		March 31, 2022
Regulatory assets (a):
Income taxes recoverable	$	94	$	83	$	148
Underfunded pension plans	118		114		104
Environmental costs	34		37		55
Deferred fuel and power costs	38		32		6
Removal costs, net	22		22		22
Other	53		52		49
Total regulatory assets	$	359	$	340	$	384
Regulatory liabilities (a):
Postretirement benefit overcollections	$	10	$	11	$	12

Deferred fuel and power refunds	28		3		17
State tax benefits — distribution system repairs	39		38		34

Excess federal deferred income taxes	262		279		283
Other	6		4		14
Total regulatory liabilities	$	345	$	335	$	360

(a)Current regulatory assets are included in “Prepaid expenses and other current assets” and regulatory liabilities are included in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.

Schedule of Regulatory Liabilities

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	March 31, 2023		September 30, 2022		March 31, 2022
Regulatory assets (a):
Income taxes recoverable	$	94	$	83	$	148
Underfunded pension plans	118		114		104
Environmental costs	34		37		55
Deferred fuel and power costs	38		32		6
Removal costs, net	22		22		22
Other	53		52		49
Total regulatory assets	$	359	$	340	$	384
Regulatory liabilities (a):
Postretirement benefit overcollections	$	10	$	11	$	12

Deferred fuel and power refunds	28		3		17
State tax benefits — distribution system repairs	39		38		34

Excess federal deferred income taxes	262		279		283
Other	6		4		14
Total regulatory liabilities	$	345	$	335	$	360