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INFORMATION BY OPERATING SEGMENT (Tables)
6 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of operating segment information
 
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Three Months Ended March 31, 2016
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
611.5

 
$
(2.6
)
 
$
0.4

 
$

 
$
609.3

Intersegment revenues
1.2

 
10.6

 
0.5

 
(12.3
)
 

Total Operating Revenues
612.7

 
8.0

 
0.9

 
(12.3
)
 
609.3

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
273.0

 

 

 
(11.9
)
 
261.1

Other operation and maintenance
94.6

 

 

 
(0.3
)
 
94.3

Depreciation and amortization
33.8

 

 

 

 
33.8

Taxes, other than income taxes
43.9

 

 

 

 
43.9

Total Gas Utility Operating Expenses
445.3

 

 

 
(12.2
)
 
433.1

Gas Marketing and Other

 
5.5

 
3.1

 
(0.1
)
 
8.5

Total Operating Expenses
445.3

 
5.5

 
3.1

 
(12.3
)
 
441.6

Operating Income (Loss)
$
167.4

 
$
2.5

 
$
(2.2
)
 
$

 
$
167.7

Net Economic Earnings (Loss)
$
102.5

 
$
3.0

 
$
(2.0
)
 
$

 
$
103.5

 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2015
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
847.0

 
$
30.0

 
$
0.4

 
$

 
$
877.4

Intersegment revenues
2.0

 
14.1

 
0.5

 
(16.6
)
 

Total Operating Revenues
849.0

 
44.1

 
0.9

 
(16.6
)
 
877.4

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
499.1

 

 

 
(16.3
)
 
482.8

Other operation and maintenance
104.0

 

 

 
(0.2
)
 
103.8

Depreciation and amortization
32.2

 

 

 

 
32.2

Taxes, other than income taxes
55.7

 

 

 

 
55.7

Total Gas Utility Operating Expenses
691.0

 

 

 
(16.5
)
 
674.5

Gas Marketing and Other

 
43.5

 
1.8

 
(0.1
)
 
45.2

Total Operating Expenses
691.0

 
43.5

 
1.8

 
(16.6
)
 
719.7

Operating Income (Loss)
$
158.0

 
$
0.6

 
$
(0.9
)
 
$

 
$
157.7

Net Economic Earnings (Loss)
$
96.5

 
$
2.1

 
$
(1.0
)
 
$

 
$
97.6



 
 
 
 
 
 
 
 
 
 
 
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Six Months Ended March 31, 2016
 

 
 

 
 

 
 

 
 

Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
1,010.3

 
$
(2.4
)
 
$
0.8

 
$

 
$
1,008.7

Intersegment revenues
1.9

 
23.2

 
0.9

 
(26.0
)
 

Total Operating Revenues
1,012.2

 
20.8

 
1.7

 
(26.0
)
 
1,008.7

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
434.9

 

 

 
(25.3
)
 
409.6

Other operation and maintenance
186.5

 

 

 
(0.6
)
 
185.9

Depreciation and amortization
67.3

 

 

 

 
67.3

Taxes, other than income taxes
72.1

 

 

 

 
72.1

Total Gas Utility Operating Expenses
760.8

 

 

 
(25.9
)
 
734.9

Gas Marketing and Other

 
14.5

 
4.7

 
(0.1
)
 
19.1

Total Operating Expenses
760.8

 
14.5

 
4.7

 
(26.0
)
 
754.0

Operating Income (Loss)
$
251.4

 
$
6.3

 
$
(3.0
)
 
$

 
$
254.7

Net Economic Earnings (Loss)
$
152.5

 
$
2.7

 
$
(6.6
)
 
$

 
$
148.6

 
 
 
 
 
 
 
 
 
 
Six Months Ended March 31, 2015
 

 
 

 
 

 
 

 
 

Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
1,428.4

 
$
67.8

 
$
0.8

 
$

 
$
1,497.0

Intersegment revenues
3.0

 
38.5

 
1.0

 
(42.5
)
 

Total Operating Revenues
1,431.4

 
106.3

 
1.8

 
(42.5
)
 
1,497.0

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
828.9

 

 

 
(41.8
)
 
787.1

Other operation and maintenance
201.4

 

 

 
(0.5
)
 
200.9

Depreciation and amortization
64.2

 

 

 

 
64.2

Taxes, other than income taxes
93.7

 

 

 

 
93.7

Total Gas Utility Operating Expenses
1,188.2

 

 

 
(42.3
)
 
1,145.9

Gas Marketing and Other

 
102.1

 
4.2

 
(0.2
)
 
106.1

Total Operating Expenses
1,188.2

 
102.1

 
4.2

 
(42.5
)
 
1,252.0

Operating Income (Loss)
$
243.2

 
$
4.2

 
$
(2.4
)
 
$

 
$
245.0

Net Economic Earnings (Loss)
$
146.3

 
$
2.5

 
$
(5.5
)
 
$

 
$
143.3

The Company's total assets by segment were as follows:
 
March 31,
 
September 30,
 
March 31,
 
2016
 
2015
 
2015
Total Assets:
Gas Utility
$
4,687.1

 
$
4,686.2

 
$
4,615.6

Gas Marketing
156.5

 
160.6

 
131.7

Other
1,521.9

 
1,560.2

 
1,590.8

Eliminations
(1,045.7
)
 
(1,116.8
)
 
(1,157.4
)
Total Assets
$
5,319.8

 
$
5,290.2

 
$
5,180.7

Schedule of the reconciliation of consolidated net economic earnings to consolidated net income
The following table reconciles the Company's net economic earnings to the most comparable GAAP measure, net income.
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2016
 
2015
 
2016
 
2015
Net Income (GAAP)
$
100.8

 
$
94.4

 
$
147.7

 
$
141.5

Unrealized loss (gain) on energy-related derivative contracts
1.8

 
2.6

 
(1.2
)
 
(0.4
)
Lower of cost or market inventory adjustments
0.2

 
(1.0
)
 
0.5

 
0.2

Realized loss (gain) on economic hedges prior to sale of the physical commodity
(0.4
)
 
0.1

 
(0.4
)
 
0.1

Acquisition, divestiture and restructuring activities
1.1

 
1.5

 
2.0

 
1.9

Net Economic Earnings (Non-GAAP)
$
103.5

 
$
97.6

 
$
148.6

 
$
143.3