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Note 2 - Revenue
6 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

2. REVENUE

 

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

 

   

Three Months Ended March 31,

   

Six Months Ended March 31,

 
   

2023

   

2022

   

2023

   

2022

 

Spire

                               

Gas Utility:

                               

Residential

  $ 730.2     $ 687.3     $ 1,248.2     $ 1,029.3  

Commercial and industrial

    260.3       85.6       430.9       189.4  

Transportation

    33.3       33.5       64.2       64.7  

Off-system and other incentive

    6.1       12.0       13.7       16.8  

Other customer revenue

    4.3       6.5       8.7       10.1  

Total revenue from contracts with customers

    1,034.2       824.9       1,765.7       1,310.3  

Changes in accrued revenue under alternative revenue programs

    20.3       (7.5 )     21.8       10.6  

Total Gas Utility operating revenues

    1,054.5       817.4       1,787.5       1,320.9  

Gas Marketing

    60.6       59.4       134.7       107.3  

Midstream

    16.5       13.8       31.7       26.7  

Other

    4.1       4.3       8.1       8.0  

Total before eliminations

    1,135.7       894.9       1,962.0       1,462.9  

Intersegment eliminations (see Note 10, Information by Operating Segment)

    (12.3 )     (14.0 )     (24.6 )     (26.6 )

Total Operating Revenues

  $ 1,123.4     $ 880.9     $ 1,937.4     $ 1,436.3  

 

Spire Missouri

                               

Residential

  $ 570.0     $ 529.1     $ 970.6     $ 776.2  

Commercial and industrial

    185.2       19.9       308.1       88.1  

Transportation

    9.9       10.1       19.0       19.3  

Off-system and other incentive

    4.5       11.3       9.6       15.8  

Other customer revenue

    4.3       3.6       6.3       5.9  

Total revenue from contracts with customers

    773.9       574.0       1,313.6       905.3  

Changes in accrued revenue under alternative revenue programs

    17.1       (2.8 )     18.6       13.8  

Total Operating Revenues

  $ 791.0     $ 571.2     $ 1,332.2     $ 919.1  

 

Spire Alabama

                               

Residential

  $ 135.1     $ 129.9     $ 231.4     $ 210.0  

Commercial and industrial

    61.5       51.6       95.1       77.6  

Transportation

 

20.8

   

20.7

   

40.1

      40.1  

Off-system and other incentive

    1.7       0.6       4.1       1.0  

Other customer revenue

    0.7       1.9       1.9       2.7  

Total revenue from contracts with customers

    219.8       204.7       372.6       331.4  

Changes in accrued revenue under alternative revenue programs

    (1.5 )     (0.6 )     (1.9 )     (0.7 )

Total Operating Revenues

  $ 218.3     $ 204.1     $ 370.7     $ 330.7  

 

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 March 31,

   

Six Months Ended March 31,

 
   

2023

   

2022

   

2023

   

2022

 

Spire

  $ 60.2     $ 51.9     $ 90.6     $ 73.8  

Spire Missouri

    45.6       39.0       67.7       53.9  

Spire Alabama

    12.6       11.3       19.4       17.0