XML 20 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Dec. 31, 2015
Sep. 30, 2015
Dec. 31, 2014
ASSETS      
Utility Plant $ 4,220.6 $ 4,234.5 $ 3,979.7
Less: Accumulated depreciation and amortization 1,267.3 1,307.0 1,195.3
Net Utility Plant 2,953.3 2,927.5 2,784.4
Non-utility Property (net of accumulated depreciation and amortization of $7.7, $7.5 and $6.9 at December 31, 2015, September 30, 2015, and December 31, 2014, respectively) 13.9 13.7 9.5
Goodwill 946.0 946.0 937.8
Other Property and Investments 60.8 59.9 60.9
Total Other Property and Investments 1,020.7 1,019.6 1,008.2
Current Assets:      
Cash and cash equivalents 4.6 13.8 13.4
Accounts receivable:      
Utility 224.7 138.1 355.4
Other 85.5 86.7 76.6
Allowance for doubtful accounts (12.7) (14.2) (12.0)
Delayed customer billings 8.7 2.6 14.6
Inventories:      
Natural gas 176.6 188.6 219.5
Propane gas 12.0 12.0 11.9
Materials and supplies 14.9 14.8 14.1
Natural gas receivable 20.1 17.3 11.1
Derivative instrument assets 4.3 4.6 4.0
Unamortized purchased gas adjustments 44.6 12.9 60.6
Regulatory assets 31.7 27.6 26.6
Prepayments and other 21.0 25.3 20.3
Total Current Assets 636.0 530.1 816.1
Deferred Charges:      
Regulatory assets 727.0 737.6 615.8
Other 74.4 75.4 64.0
Total Deferred Charges 801.4 813.0 679.8
Total Assets 5,411.4 5,290.2 5,288.5
Capitalization:      
Common stock 43.4 43.3 43.3
Paid-in capital 1,038.7 1,038.1 1,031.0
Retained earnings 519.9 494.2 464.6
Accumulated other comprehensive loss (1.7) (2.0) (5.4)
Total Common Stock Equity 1,600.3 1,573.6 1,533.5
Long-term debt (less current portion) 1,851.5 1,771.5 1,736.3
Total Capitalization 3,451.8 3,345.1 3,269.8
Current Liabilities:      
Current portion of long-term debt 0.0 80.0 114.7
Notes payable 377.1 338.0 397.5
Accounts payable 159.5 146.5 221.1
Advance customer billings 59.3 44.3 30.9
Wages and compensation accrued 25.4 32.7 24.7
Dividends payable 22.3 21.1 20.9
Customer deposits 33.0 32.1 35.8
Interest accrued 19.5 14.3 19.9
Unamortized purchased gas adjustments 14.3 28.2 22.1
Taxes accrued 32.9 51.7 50.8
Deferred income taxes 7.4 0.0 21.1
Regulatory liabilities 41.5 32.4 53.8
Other 55.3 32.5 69.0
Total Current Liabilities 847.5 853.8 1,082.3
Deferred Credits and Other Liabilities:      
Deferred income taxes 495.3 482.1 394.6
Pension and postretirement benefit costs 250.7 253.4 241.7
Asset retirement obligations 161.0 159.2 100.3
Regulatory liabilities 129.1 119.3 122.9
Other 76.0 77.3 76.9
Total Deferred Credits and Other Liabilities $ 1,112.1 $ 1,091.3 $ 936.4
Commitments and Contingencies
Total Capitalization and Liabilities $ 5,411.4 $ 5,290.2 $ 5,288.5
Laclede Gas      
ASSETS      
Utility Plant 2,580.6 2,579.1 2,439.5
Less: Accumulated depreciation and amortization 573.1 590.0 558.2
Net Utility Plant 2,007.5 1,989.1 1,881.3
Goodwill 210.2 210.2 210.2
Other Property and Investments 56.0 55.3 56.6
Total Other Property and Investments 266.2 265.5 266.8
Current Assets:      
Cash and cash equivalents 1.3 1.7 5.9
Accounts receivable:      
Utility 167.3 103.4 262.0
Other 24.6 25.2 19.4
Allowance for doubtful accounts (8.7) (10.0) (7.7)
Receivables from associated companies 4.6 2.5 4.0
Delayed customer billings 8.7 2.6 14.6
Inventories:      
Natural gas 125.5 138.2 167.5
Propane gas 12.0 12.0 12.0
Materials and supplies 9.3 9.3 9.0
Unamortized purchased gas adjustments 44.6 12.9 60.6
Deferred income taxes 20.9 16.2 18.0
Prepayments and other 12.8 12.5 14.4
Total Current Assets 422.9 326.5 579.7
Deferred Charges:      
Regulatory assets 563.9 573.6 526.9
Other 11.0 12.8 8.7
Total Deferred Charges 574.9 586.4 535.6
Total Assets 3,271.5 3,167.5 3,263.4
Capitalization:      
Paid-in capital and common stock 749.5 748.3 745.4
Retained earnings 309.4 291.2 284.7
Accumulated other comprehensive loss (1.6) (1.7) (2.7)
Total Common Stock Equity 1,057.3 1,037.8 1,027.4
Long-term debt (less current portion) 808.2 808.1 808.0
Total Capitalization 1,865.5 1,845.9 1,835.4
Current Liabilities:      
Notes payable 274.1 233.0 319.5
Accounts payable 64.6 61.5 107.3
Accounts payable – associated companies 4.5 5.5 9.8
Advance customer billings 36.8 25.2 13.2
Wages and compensation accrued 19.7 26.8 19.5
Dividends payable 21.2 19.9 19.9
Customer deposits 13.0 13.0 15.2
Interest accrued 9.4 7.6 9.7
Taxes accrued 10.2 25.4 34.5
Deferred income taxes 12.3 0.0 20.9
Regulatory liabilities 1.1 0.6 0.6
Other 37.9 18.5 51.3
Total Current Liabilities 504.8 437.0 621.4
Deferred Credits and Other Liabilities:      
Deferred income taxes 493.5 485.2 406.5
Pension and postretirement benefit costs 204.2 207.8 211.1
Asset retirement obligations 73.3 72.4 72.1
Regulatory liabilities 81.4 70.6 70.9
Other 48.8 48.6 46.0
Total Deferred Credits and Other Liabilities $ 901.2 $ 884.6 $ 806.6
Commitments and Contingencies
Total Capitalization and Liabilities $ 3,271.5 $ 3,167.5 $ 3,263.4
Alagasco      
ASSETS      
Utility Plant 1,640.0 1,655.4 1,540.1
Less: Accumulated depreciation and amortization 694.1 717.0 637.0
Net Utility Plant 945.9 938.4 903.1
Current Assets:      
Cash and cash equivalents 0.1 7.2 3.3
Accounts receivable:      
Utility 57.4 34.7 93.4
Other 5.9 5.2 5.8
Allowance for doubtful accounts (4.0) (4.2) (4.3)
Inventories:      
Natural gas 40.0 40.4 43.6
Materials and supplies 5.4 5.4 5.0
Deferred income taxes 5.7 6.2 2.3
Regulatory assets 10.8 11.4 8.6
Prepayments and other 4.2 4.6 2.3
Total Current Assets 125.5 110.9 160.0
Deferred Charges:      
Regulatory assets 162.5 163.6 88.9
Deferred income taxes 242.8 248.4 272.9
Other 58.1 57.7 47.2
Total Deferred Charges 463.4 469.7 409.0
Total Assets 1,534.8 1,519.0 1,472.1
Capitalization:      
Paid-in capital and common stock 471.9 480.9 503.9
Retained earnings 396.1 393.7 356.3
Total Common Stock Equity 868.0 874.6 860.2
Long-term debt (less current portion) 250.0 170.0 135.0
Total Capitalization 1,118.0 1,044.6 995.2
Current Liabilities:      
Current portion of long-term debt 0.0 80.0 114.7
Notes payable 43.0 31.0 21.5
Accounts payable 34.9 21.8 51.6
Accounts payable – associated companies 1.7 0.2 1.2
Advance customer billings 22.5 19.1 17.7
Wages and compensation accrued 5.7 5.8 5.2
Customer deposits 20.0 19.1 20.6
Interest accrued 3.3 3.5 3.5
Unamortized purchased gas adjustments 14.3 28.2 22.1
Taxes accrued 22.5 26.0 28.4
Deferred income taxes 0.0 0.0 1.6
Regulatory liabilities 40.4 31.8 53.2
Other 5.1 5.4 6.8
Total Current Liabilities 213.4 271.9 348.1
Deferred Credits and Other Liabilities:      
Pension and postretirement benefit costs 46.5 45.6 30.6
Asset retirement obligations 87.5 86.6 28.1
Regulatory liabilities 47.7 48.7 51.9
Other 21.7 21.6 18.2
Total Deferred Credits and Other Liabilities 203.4 202.5 128.8
Total Capitalization and Liabilities $ 1,534.8 $ 1,519.0 $ 1,472.1