Note 2 - Revenue

9 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

The following tables show revenue disaggregated by source and customer type.

	Three Months Ended June 30,						Nine Months Ended June 30,
	2022			2021			2022			2021
Spire
Gas Utility:
Residential	$	239.5		$	200.4		$	1,268.8		$	1,087.9
Commercial and industrial		86.2			63.6			275.6			535.8
Transportation		26.9			28.7			91.6			95.1
Off-system and other incentive		10.1			7.2			26.9			147.1
Other customer revenue		5.6			3.9			15.7			(5.8	)
Total revenue from contracts with customers		368.3			303.8			1,678.6			1,860.1
Changes in accrued revenue under alternative revenue programs		9.1			2.9			19.7			(2.1	)
Total Gas Utility operating revenues		377.4			306.7			1,698.3			1,858.0
Gas Marketing		64.1			15.1			171.4			73.3
Other		18.7			17.8			53.4			50.1
Total before eliminations		460.2			339.6			1,923.1			1,981.4
Intersegment eliminations (see Note 9, Information by Operating Segment)		(12.2	)		(11.8	)		(38.8	)		(36.1	)
Total Operating Revenues	$	448.0		$	327.8		$	1,884.3		$	1,945.3

Spire Missouri
Residential	$	171.1		$	144.4		$	947.3	$	772.8
Commercial and industrial		51.9			35.0			140.0		408.9
Transportation		7.1			7.4			26.4		26.3
Off-system and other incentive		4.5			4.5			20.3		140.4
Other customer revenue		3.2			2.0			9.1		(12.6	)
Total revenue from contracts with customers		237.8			193.3			1,143.1		1,335.8
Changes in accrued revenue under alternative revenue programs		(1.1	)		(1.2	)		12.7		2.7
Total Operating Revenues	$	236.7		$	192.1		$	1,155.8	$	1,338.5

Spire Alabama
Residential	$	56.2	$	45.6	$	266.2	$	259.6
Commercial and industrial		24.0		21.3		101.6		98.8
Transportation		17.4		18.7		57.5		60.9
Off-system and other incentive		5.6		2.8		6.6		6.7
Other customer revenue		1.5		1.2		4.2		3.2
Total revenue from contracts with customers		104.7		89.6		436.1		429.2
Changes in accrued revenue under alternative revenue programs		11.0		3.7		10.3		0.3
Total Operating Revenues	$	115.7	$	93.3	$	446.4	$	429.5

As discussed in Note 4, Regulatory Matters, Spire Missouri (1) reduced “Commercial and industrial” revenue by approximately $150 for the nine months ended June 30, 2022, to reflect a 2022 settlement in principle regarding February 2021 Operational Flow Order charges and (2) recorded a $25.0 revenue adjustment related to “Off-system and other incentive” sales during February 2021, resulting in negative “Other customer revenue” for the nine months ended June 30, 2021.

Gross receipts taxes associated with the Company’s natural gas utility services are imposed on the Company, Spire Missouri, and Spire Alabama and billed to its customers. The expense amounts (shown in the table below) are reported gross in the “Taxes, other than income taxes” line in the statements of income, and corresponding revenues are reported in “Operating Revenues.”

	Three Months Ended June 30,				Nine Months Ended June 30,
	2022		2021		2022		2021
Spire	$	23.3	$	17.9	$	97.1	$	81.8
Spire Missouri		16.7		12.3		70.6		56.1
Spire Alabama		5.5		4.7		22.5		21.8