Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

9 Months Ended

Jun. 30, 2024

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


	June 30, 2024		September 30, 2023		June 30, 2023
Regulatory assets (a):
Income taxes recoverable	$	91	$	94	$	95
Underfunded pension plans	109		111		118
Environmental costs	28		28		28
Deferred fuel and power costs	—		27		30
Removal costs, net	26		23		22
Other	57		64		57
Total regulatory assets	$	311	$	347	$	350
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	12	$	10

Deferred fuel and power refunds	33		55		63
State tax benefits — distribution system repairs	44		43		40

Excess federal deferred income taxes	248		254		260
Other	5		2		3
Total regulatory liabilities	$	341	$	366	$	376

(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:


	June 30, 2024		September 30, 2023		June 30, 2023
Regulatory assets (a):
Income taxes recoverable	$	91	$	94	$	95
Underfunded pension plans	109		111		118
Environmental costs	28		28		28
Deferred fuel and power costs	—		27		30
Removal costs, net	26		23		22
Other	57		64		57
Total regulatory assets	$	311	$	347	$	350
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	12	$	10

Deferred fuel and power refunds	33		55		63
State tax benefits — distribution system repairs	44		43		40

Excess federal deferred income taxes	248		254		260
Other	5		2		3
Total regulatory liabilities	$	341	$	366	$	376