Note 2 - Revenue

6 Months Ended

Mar. 31, 2024

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,
	2024			2023			2024			2023
Spire
Gas Utility:
Residential	$	729.5		$	730.2		$	1,222.3		$	1,248.2
Commercial and industrial		267.9			260.3			425.8			430.9
Transportation		36.8			33.3			69.4			64.2
Off-system and other incentive		13.0			6.1			19.4			13.7
Other customer revenue		8.2			4.3			13.7			8.7
Total revenue from contracts with customers		1,055.4			1,034.2			1,750.6			1,765.7
Changes in accrued revenue under alternative revenue programs	17.3				20.3			37.3			21.8
Total Gas Utility operating revenues		1,072.7			1,054.5			1,787.9			1,787.5
Gas Marketing		46.0			60.6			82.3			134.7
Midstream		21.5			16.5			36.4			31.7
Other		4.1			4.1			8.2			8.1
Total before eliminations		1,144.3			1,135.7			1,914.8			1,962.0
Intersegment eliminations (see Note 10, Information by Operating Segment)		(15.8	)		(12.3	)		(29.7	)		(24.6	)
Total Operating Revenues	$	1,128.5		$	1,123.4		$	1,885.1		$	1,937.4

Spire Missouri
Residential	$	532.9	$	570.0	$	921.7	$	970.6
Commercial and industrial		185.7		185.2		295.9		308.1
Transportation		10.1		9.9		19.1		19.0
Off-system and other incentive		12.3		4.5		16.4		9.6
Other customer revenue		5.0		4.3		7.5		6.3
Total revenue from contracts with customers		746.0		773.9		1,260.6		1,313.6
Changes in accrued revenue under alternative revenue programs	20.5			17.1		41.3		18.6
Total Operating Revenues	$	766.5	$	791.0	$	1,301.9	$	1,332.2

Spire Alabama
Residential	$	169.3		$	135.1		$	253.7		$	231.4
Commercial and industrial		68.8			61.5			103.5			95.1
Transportation	24.0			20.8			44.8				40.1
Off-system and other incentive		0.7			1.7			3.0			4.1
Other customer revenue		0.7			0.7			1.6			1.9
Total revenue from contracts with customers		263.5			219.8			406.6			372.6
Changes in accrued revenue under alternative revenue programs		(4.0	)		(1.5	)		(5.0	)		(1.9	)
Total Operating Revenues	$	259.5		$	218.3		$	401.6		$	370.7

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,
	2024		2023		2024		2023
Spire	$	60.0	$	60.2	$	91.1	$	90.6
Spire Missouri		44.0		45.6		66.5		67.7
Spire Alabama		14.1		12.6		21.0		19.4