XML 79 R41.htm IDEA: XBRL DOCUMENT v3.19.3
Information by Operating Segment (Tables)
12 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Operating Segment Information

 

2019

 

Gas

Utility

 

 

Gas

Marketing

 

 

Other

 

 

Eliminations

 

 

Consolidated

 

Revenues from external customers

 

$

1,859.2

 

 

$

83.7

 

 

$

9.5

 

 

$

 

 

$

1,952.4

 

Intersegment revenues

 

 

1.6

 

 

 

 

 

 

12.0

 

 

 

(13.6

)

 

 

 

Total Operating Revenues

 

 

1,860.8

 

 

 

83.7

 

 

 

21.5

 

 

 

(13.6

)

 

 

1,952.4

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas Utility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Natural and propane gas

 

 

794.6

 

 

 

 

 

 

 

 

 

(96.4

)

 

 

698.2

 

Other operation and maintenance

 

 

441.7

 

 

 

 

 

 

 

 

 

(9.4

)

 

 

432.3

 

Depreciation and amortization

 

 

179.4

 

 

 

 

 

 

 

 

 

 

 

 

179.4

 

Taxes, other than income taxes

 

 

151.7

 

 

 

 

 

 

 

 

 

 

 

 

151.7

 

Total Gas Utility Operating Expenses

 

 

1,567.4

 

 

 

 

 

 

 

 

 

(105.8

)

 

 

1,461.6

 

Gas Marketing and Other *

 

 

 

 

 

60.5

 

 

 

35.8

 

 

 

92.2

 

 

 

188.5

 

Total Operating Expenses

 

 

1,567.4

 

 

 

60.5

 

 

 

35.8

 

 

 

(13.6

)

 

 

1,650.1

 

Operating Income (Loss)

 

$

293.4

 

 

$

23.2

 

 

$

(14.3

)

 

$

 

 

$

302.3

 

Net Economic Earnings (Loss)

 

$

199.8

 

 

$

19.4

 

 

$

(24.1

)

 

$

 

 

$

195.1

 

Capital Expenditures

 

$

565.4

 

 

$

3.1

 

 

$

254.8

 

 

$

 

 

$

823.3

 

 

2018

 

Gas

Utility

 

 

Gas

Marketing

 

 

Other

 

 

Eliminations

 

 

Consolidated

 

Revenues from external customers

 

$

1,888.0

 

 

$

71.6

 

 

$

5.4

 

 

$

 

 

$

1,965.0

 

Intersegment revenues

 

 

0.4

 

 

 

 

 

 

11.1

 

 

 

(11.5

)

 

 

 

Total Operating Revenues

 

 

1,888.4

 

 

 

71.6

 

 

 

16.5

 

 

 

(11.5

)

 

 

1,965.0

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas Utility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Natural and propane gas

 

 

842.6

 

 

 

 

 

 

 

 

 

(72.5

)

 

 

770.1

 

Other operation and maintenance

 

 

449.7

 

 

 

 

 

 

 

 

 

(8.5

)

 

 

441.2

 

Depreciation and amortization

 

 

167.0

 

 

 

 

 

 

 

 

 

 

 

 

167.0

 

Taxes, other than income taxes

 

 

152.5

 

 

 

 

 

 

 

 

 

 

 

 

152.5

 

Total Gas Utility Operating Expenses

 

 

1,611.8

 

 

 

 

 

 

 

 

 

(81.0

)

 

 

1,530.8

 

Gas Marketing and Other *

 

 

 

 

 

37.8

 

 

 

32.8

 

 

 

69.5

 

 

 

140.1

 

Total Operating Expenses

 

 

1,611.8

 

 

 

37.8

 

 

 

32.8

 

 

 

(11.5

)

 

 

1,670.9

 

Operating Income (Loss)

 

$

276.6

 

 

$

33.8

 

 

$

(16.3

)

 

$

 

 

$

294.1

 

Net Economic Earnings (Loss)

 

$

183.1

 

 

$

22.9

 

 

$

(22.3

)

 

$

 

 

$

183.7

 

Capital Expenditures

 

$

457.7

 

 

$

 

 

$

41.7

 

 

$

 

 

$

499.4

 

 

2017

 

Gas

Utility

 

 

Gas

Marketing

 

 

Other

 

 

Eliminations

 

 

Consolidated

 

Revenues from external customers

 

$

1,660.0

 

 

$

79.3

 

 

$

1.4

 

 

$

 

 

$

1,740.7

 

Intersegment revenues

 

 

7.9

 

 

 

 

 

 

6.3

 

 

 

(14.2

)

 

 

 

Total Operating Revenues

 

 

1,667.9

 

 

 

79.3

 

 

 

7.7

 

 

 

(14.2

)

 

 

1,740.7

 

Operating Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas Utility

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Natural and propane gas

 

 

645.9

 

 

 

 

 

 

 

 

 

(75.4

)

 

 

570.5

 

Other operation and maintenance

 

 

389.9

 

 

 

 

 

 

 

 

 

(4.1

)

 

 

385.8

 

Depreciation and amortization

 

 

153.5

 

 

 

 

 

 

 

 

 

 

 

 

153.5

 

Taxes, other than income taxes

 

 

137.8

 

 

 

 

 

 

 

 

 

 

 

 

137.8

 

Total Gas Utility Operating Expenses

 

 

1,327.1

 

 

 

 

 

 

 

 

 

(79.5

)

 

 

1,247.6

 

Gas Marketing and Other *

 

 

 

 

 

74.1

 

 

 

12.8

 

 

 

65.3

 

 

 

152.2

 

Total Operating Expenses

 

 

1,327.1

 

 

 

74.1

 

 

 

12.8

 

 

 

(14.2

)

 

 

1,399.8

 

Operating Income (Loss)

 

$

340.8

 

 

$

5.2

 

 

$

(5.1

)

 

$

 

 

$

340.9

 

Net Economic Earnings (Loss)

 

$

181.5

 

 

$

6.8

 

 

$

(20.7

)

 

$

 

 

$

167.6

 

Capital Expenditures

 

$

412.6

 

 

$

 

 

$

25.5

 

 

$

 

 

$

438.1

 

 

*

Operating Expenses for “Gas Marketing and Other” include depreciation and amortization for Gas Marketing ($0.1 for 2019, $0.0 for 2018, and $0.1 for 2017) and for Other ($2.2 for 2019, $1.4 for 2018, and $0.5 for 2017).

 

Total Assets at End of Year

 

2019

 

 

2018

 

 

2017

 

Gas Utility

 

$

6,094.6

 

 

$

5,606.7

 

 

$

5,551.2

 

Gas Marketing

 

 

212.3

 

 

 

295.3

 

 

 

246.2

 

Other

 

 

2,692.7

 

 

 

2,508.0

 

 

 

2,239.5

 

Eliminations

 

 

(1,380.4

)

 

 

(1,566.4

)

 

 

(1,490.2

)

Total Assets

 

$

7,619.2

 

 

$

6,843.6

 

 

$

6,546.7

 

Schedule of Reconciliation of Consolidated Net Economic Earnings to Consolidated Net Income

 

Reconciliation of Consolidated Net Income

to Consolidated Net Economic Earnings

 

2019

 

 

2018

 

 

2017

 

Net Income

 

$

184.6

 

 

$

214.2

 

 

$

161.6

 

Adjustments, pre-tax:

 

 

 

 

 

 

 

 

 

 

 

 

Provision for ISRS rulings

 

12.2

 

 

 

 

 

 

 

Missouri regulatory adjustments

 

 

 

 

 

30.6

 

 

 

 

Unrealized loss (gain) on energy-related derivatives

 

 

1.2

 

 

 

(4.0

)

 

 

6.0

 

Realized gain on economic hedges prior to the sale of the

   physical commodity

 

 

 

 

 

(0.3

)

 

 

(0.3

)

Acquisition, divestiture and restructuring activities

 

 

0.4

 

 

 

13.6

 

 

 

4.0

 

Income tax effect of adjustments

 

 

(3.3

)

 

 

(10.3

)

 

 

(3.7

)

Effect of the Tax Cuts and Jobs Act

 

 

 

 

 

(60.1

)

 

 

 

Net Economic Earnings

 

$

195.1

 

 

$

183.7

 

 

$

167.6