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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
ASSETS      
Utility Plant $ 6,369.4 $ 6,146.5 $ 5,856.8
Less: Accumulated depreciation and amortization 1,848.4 1,794.5 1,738.5
Net Utility Plant 4,521.0 4,352.0 4,118.3
Non-utility Property (net of accumulated depreciation and amortization of $17.5, $12.7 and $11.9 at March 31, 2020, September 30, 2019, and March 31, 2019, respectively) 547.4 477.8 329.1
Other Investments 68.1 72.3 68.4
Total Other Property and Investments 615.5 550.1 397.5
Current Assets:      
Cash and cash equivalents 108.4 5.8 11.1
Accounts receivable:      
Utility 248.2 139.8 318.6
Other 132.8 172.8 196.5
Allowance for doubtful accounts (28.0) (23.0) (28.1)
Delayed customer billings 16.9 4.3 43.8
Inventories:      
Natural gas 90.3 162.6 91.3
Propane gas 10.7 10.7 10.7
Materials and supplies 26.1 23.3 24.3
Regulatory assets 68.0 78.6 75.3
Prepayments 27.9 29.1 21.0
Other 17.5 10.5 29.1
Total Current Assets 718.8 614.5 793.6
Deferred Charges and Other Assets:      
Goodwill 1,171.6 1,171.6 1,171.6
Regulatory assets 770.7 767.6 659.9
Other 220.4 163.4 132.7
Total Deferred Charges and Other Assets 2,162.7 2,102.6 1,964.2
Total Assets 8,018.0 7,619.2 7,273.6
Capitalization:      
Preferred stock ($25.00 par value per share; 10.0 million depositary shares authorized, issued and outstanding at March 31, 2020 and September 30, 2019) 242.0 242.0 0.0
Common stock (par value $1.00 per share; 70.0 million shares authorized; 51.2 million, 51.0 million, and 50.7 million shares issued and outstanding at March 31, 2020, September 30, 2019, and March 31, 2019, respectively) 51.2 51.0 50.7
Paid-in capital and common stock 1,520.7 1,505.8 1,485.6
Retained earnings 902.3 775.5 877.5
Accumulated other comprehensive loss (50.6) (31.3) (7.8)
Total Shareholders' Equity 2,665.6 2,543.0 2,406.0
Temporary equity 3.9 3.4 0.0
Long-term debt (less current portion) 2,484.8 2,082.6 2,041.9
Total Capitalization 5,154.3 4,629.0 4,447.9
Current Liabilities:      
Current portion of long-term debt 5.4 40.0 215.0
Notes payable 560.6 743.2 512.0
Accounts payable 221.4 301.5 324.8
Advance customer billings 11.6 32.6 6.5
Wages and compensation accrued 34.0 45.7 32.2
Customer deposits 35.9 35.6 36.7
Taxes accrued 55.1 68.5 50.9
Regulatory liabilities 31.8 60.8 35.3
Other 196.7 140.9 123.3
Total Current Liabilities 1,152.5 1,468.8 1,336.7
Deferred Credits and Other Liabilities:      
Deferred income taxes 498.1 451.4 490.2
Pension and postretirement benefit costs 272.1 264.8 178.3
Asset retirement obligations 344.7 337.6 325.5
Regulatory liabilities 472.3 399.0 431.3
Other 124.0 68.6 63.7
Total Deferred Credits and Other Liabilities 1,711.2 1,521.4 1,489.0
Commitments and Contingencies (Note 10)
Total Capitalization and Liabilities 8,018.0 7,619.2 7,273.6
Spire Missouri      
ASSETS      
Utility Plant 3,790.8 3,643.2 3,460.1
Less: Accumulated depreciation and amortization 795.2 764.1 736.7
Net Utility Plant 2,995.6 2,879.1 2,723.4
Other Investments 53.5 53.3 52.8
Current Assets:      
Cash and cash equivalents 5.1 2.6 6.9
Accounts receivable:      
Utility 169.2 94.6 231.8
Associated companies 3.7 1.4 2.4
Other 22.4 26.5 18.5
Allowance for doubtful accounts (20.2) (14.9) (21.9)
Delayed customer billings 16.9 4.3 43.8
Inventories:      
Natural gas 58.5 100.1 53.1
Propane gas 10.7 10.7 10.7
Materials and supplies 15.6 13.3 14.4
Regulatory assets 29.4 29.4 30.0
Prepayments 15.9 18.2 11.1
Total Current Assets 327.2 286.2 400.8
Deferred Charges and Other Assets:      
Goodwill 210.2 210.2 210.2
Regulatory assets 512.1 507.5 433.6
Other 83.4 85.6 53.0
Total Deferred Charges and Other Assets 805.7 803.3 696.8
Total Assets 4,182.0 4,021.9 3,873.8
Capitalization:      
Paid-in capital and common stock 765.1 765.1 762.8
Retained earnings 676.5 576.6 612.8
Accumulated other comprehensive loss (2.5) (2.4) (1.6)
Total Shareholders' Equity 1,439.1 1,339.3 1,374.0
Long-term debt (less current portion) 1,098.7 925.0 924.7
Total Capitalization 2,537.8 2,264.3 2,298.7
Current Liabilities:      
Current portion of long-term debt 0.0 0.0 50.0
Notes payable 185.1 0.0 0.0
Notes payable – associated companies 39.6 386.4 232.9
Accounts payable 63.8 75.7 72.6
Accounts payable – associated companies 5.2 5.5 8.1
Advance customer billings 5.4 20.8 0.0
Wages and compensation accrued 24.1 34.5 24.5
Customer deposits 13.2 13.4 13.0
Taxes accrued 26.6 36.4 27.2
Regulatory liabilities 24.3 52.3 24.2
Other 32.7 26.4 31.0
Total Current Liabilities 420.0 651.4 483.5
Deferred Credits and Other Liabilities:      
Deferred income taxes 390.6 364.6 390.5
Pension and postretirement benefit costs 205.0 192.4 132.7
Asset retirement obligations 177.1 173.5 177.8
Regulatory liabilities 400.4 326.5 345.1
Other 51.1 49.2 45.5
Total Deferred Credits and Other Liabilities 1,224.2 1,106.2 1,091.6
Commitments and Contingencies (Note 10)
Total Capitalization and Liabilities 4,182.0 4,021.9 3,873.8
Spire Alabama      
ASSETS      
Utility Plant 2,217.0 2,138.0 2,032.5
Less: Accumulated depreciation and amortization 904.7 882.1 852.8
Net Utility Plant 1,312.3 1,255.9 1,179.7
Current Assets:      
Cash and cash equivalents 0.1 0.0 0.1
Accounts receivable:      
Utility 65.6 37.5 69.8
Associated companies 0.1 0.0 0.1
Other 7.8 8.5 8.4
Allowance for doubtful accounts (6.8) (6.3) (3.8)
Inventories:      
Natural gas 16.3 35.1 30.1
Materials and supplies 8.3 7.8 7.8
Regulatory assets 23.3 33.9 30.4
Prepayments 5.7 5.3 3.9
Other 0.3 0.4 0.2
Total Current Assets 120.7 122.2 147.0
Deferred Charges and Other Assets:      
Regulatory assets 230.1 231.2 198.9
Deferred income taxes 57.4 81.3 79.3
Other 61.0 53.0 58.9
Total Deferred Charges and Other Assets 348.5 365.5 337.1
Total Assets 1,781.5 1,743.6 1,663.8
Capitalization:      
Paid-in capital and common stock 350.9 370.9 370.9
Retained earnings 518.1 459.1 467.8
Total Shareholders' Equity 869.0 830.0 838.7
Long-term debt (less current portion) 471.7 372.2 372.1
Total Capitalization 1,340.7 1,202.2 1,210.8
Current Liabilities:      
Current portion of long-term debt 0.0 40.0 40.0
Notes payable 50.0 0.0 0.0
Notes payable – associated companies 33.0 128.7 73.7
Accounts payable 48.0 56.2 54.6
Accounts payable – associated companies 4.8 1.6 3.1
Advance customer billings 5.3 10.6 5.3
Wages and compensation accrued 5.9 8.0 5.3
Customer deposits 19.9 19.5 20.5
Taxes accrued 23.0 27.4 21.2
Regulatory liabilities 2.4 3.4 6.1
Other 9.7 9.2 10.0
Total Current Liabilities 202.0 304.6 239.8
Deferred Credits and Other Liabilities:      
Pension and postretirement benefit costs 54.6 59.2 37.4
Asset retirement obligations 151.7 148.7 138.6
Regulatory liabilities 21.6 23.0 30.5
Other 10.9 5.9 6.7
Total Deferred Credits and Other Liabilities 238.8 236.8 213.2
Commitments and Contingencies (Note 10)
Total Capitalization and Liabilities $ 1,781.5 $ 1,743.6 $ 1,663.8