XML 61 R48.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 9 - Pension Plans and Other Postretirement Benefits - Net Pension Costs (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Pension Plan [Member]        
Service cost – benefits earned during the period $ 3.9 $ 3.9 $ 7.9 $ 8.0
Interest cost on projected benefit obligation 6.6 5.9 13.4 12.3
Expected return on plan assets (6.1) (5.7) (12.4) (12.1)
Amortization of prior service credit (1.2) (1.2) (2.3) (2.3)
Amortization of actuarial loss 1.6 1.6 3.2 3.2
Loss on lump-sum settlements 0.0 0.0 0.0 8.6
Subtotal 4.8 4.5 9.8 17.7
Regulatory adjustment 8.8 10.4 17.5 12.2
Net pension cost 13.6 14.9 27.3 29.9
Pension Plan [Member] | Spire Missouri [Member]        
Service cost – benefits earned during the period 2.6 2.9 5.2 5.7
Interest cost on projected benefit obligation 4.7 4.4 9.5 8.9
Expected return on plan assets (4.2) (4.5) (8.5) (9.0)
Amortization of prior service credit (0.5) (0.5) (1.0) (1.0)
Amortization of actuarial loss 1.4 1.6 2.9 3.1
Subtotal 4.0 3.9 8.1 7.7
Regulatory adjustment 6.3 8.1 12.6 16.2
Net pension cost 10.3 12.0 20.7 23.9
Pension Plan [Member] | Spire Alabama Inc [Member]        
Service cost – benefits earned during the period 1.1 0.8 2.3 1.9
Interest cost on projected benefit obligation 1.2 0.8 2.5 2.1
Expected return on plan assets (1.2) (0.5) (2.4) (1.6)
Amortization of prior service credit (0.6) (0.6) (1.2) (1.2)
Amortization of actuarial loss 0.3 0.2 0.5 0.3
Loss on lump-sum settlements 0.0 0.0 0.0 8.6
Subtotal 0.8 0.7 1.7 10.1
Regulatory adjustment 2.3 2.1 4.5 (4.4)
Net pension cost 3.1 2.8 6.2 5.7
Other Postretirement Benefits Plan [Member]        
Service cost – benefits earned during the period 1.0 1.2 2.1 2.4
Interest cost on projected benefit obligation 2.4 2.2 4.5 4.3
Expected return on plan assets (4.2) (3.9) (8.2) (7.8)
Amortization of prior service credit 0.1 0.0 0.2 0.1
Amortization of actuarial loss (1.1) (1.1) (2.1) (2.1)
Subtotal (1.8) (1.6) (3.5) (3.1)
Regulatory adjustment 0.3 0.2 0.5 0.3
Net pension cost (1.5) (1.4) (3.0) (2.8)
Other Postretirement Benefits Plan [Member] | Spire Missouri [Member]        
Service cost – benefits earned during the period 0.9 1.0 1.8 2.0
Interest cost on projected benefit obligation 1.7 1.7 3.3 3.3
Expected return on plan assets (2.7) (2.7) (5.4) (5.3)
Amortization of prior service credit 0.1 0.1 0.3 0.3
Amortization of actuarial loss (0.9) (0.8) (1.8) (1.6)
Subtotal (0.9) (0.7) (1.8) (1.3)
Regulatory adjustment 0.7 0.7 1.3 1.3
Net pension cost (0.2) 0.0 (0.5) 0.0
Other Postretirement Benefits Plan [Member] | Spire Alabama Inc [Member]        
Service cost – benefits earned during the period 0.1 0.1 0.3 0.3
Interest cost on projected benefit obligation 0.6 0.5 1.1 0.9
Expected return on plan assets (1.3) (1.3) (2.6) (2.5)
Amortization of prior service credit 0.0 (0.1) (0.1) (0.2)
Amortization of actuarial loss (0.1) (0.2) (0.1) (0.3)
Subtotal (0.7) (1.0) (1.4) (1.8)
Regulatory adjustment (0.5) (0.4) (0.9) (0.9)
Net pension cost $ (1.2) $ (1.4) $ (2.3) $ (2.7)