Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

3 Months Ended

Dec. 31, 2023

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


	December 31, 2023		September 30, 2023		December 31, 2022
Regulatory assets (a):
Income taxes recoverable	$	94	$	94	$	93
Underfunded pension plans	110		111		114
Environmental costs	26		28		36
Deferred fuel and power costs	17		27		71
Removal costs, net	23		23		25
Other	58		64		54
Total regulatory assets	$	328	$	347	$	393
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	12	$	11

Deferred fuel and power refunds	59		55		3
State tax benefits — distribution system repairs	43		43		39

Excess federal deferred income taxes	252		254		264
Other	2		2		3
Total regulatory liabilities	$	367	$	366	$	320

(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:


	December 31, 2023		September 30, 2023		December 31, 2022
Regulatory assets (a):
Income taxes recoverable	$	94	$	94	$	93
Underfunded pension plans	110		111		114
Environmental costs	26		28		36
Deferred fuel and power costs	17		27		71
Removal costs, net	23		23		25
Other	58		64		54
Total regulatory assets	$	328	$	347	$	393
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	12	$	11

Deferred fuel and power refunds	59		55		3
State tax benefits — distribution system repairs	43		43		39

Excess federal deferred income taxes	252		254		264
Other	2		2		3
Total regulatory liabilities	$	367	$	366	$	320