XML 60 R41.htm IDEA: XBRL DOCUMENT v3.20.2
Regulatory Matters (Tables)
12 Months Ended
Sep. 30, 2020
Regulated Operations [Abstract]  
Schedule of Regulatory Assets and Liabilities

The following regulatory assets and regulatory liabilities were reflected in the Balance Sheets as of September 30, 2020 and 2019.

 

 

 

Spire

 

 

Spire Missouri

 

 

Spire Alabama

 

September 30

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Regulatory Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

$

30.6

 

 

$

30.1

 

 

$

21.9

 

 

$

21.9

 

 

$

7.7

 

 

$

7.3

 

Unamortized purchased gas adjustments

 

 

5.5

 

 

 

18.2

 

 

 

 

 

 

 

 

 

5.5

 

 

 

17.7

 

Other

 

 

33.4

 

 

 

30.3

 

 

 

10.2

 

 

 

7.5

 

 

 

7.2

 

 

 

8.9

 

Total Current Regulatory Assets

 

 

69.5

 

 

 

78.6

 

 

 

32.1

 

 

 

29.4

 

 

 

20.4

 

 

 

33.9

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Future income taxes due from customers

 

 

123.5

 

 

 

111.0

 

 

 

114.6

 

 

 

102.9

 

 

 

2.2

 

 

 

2.2

 

Pension and postretirement benefit costs

 

 

439.3

 

 

 

416.6

 

 

 

332.6

 

 

 

333.3

 

 

 

98.2

 

 

 

77.2

 

Cost of removal

 

 

395.6

 

 

 

150.9

 

 

 

7.1

 

 

 

 

 

 

388.6

 

 

 

150.9

 

Unamortized purchased gas adjustments

 

 

12.1

 

 

 

9.1

 

 

 

12.1

 

 

 

9.1

 

 

 

 

 

 

 

Energy efficiency

 

 

39.6

 

 

 

35.0

 

 

 

39.6

 

 

 

35.0

 

 

 

 

 

 

 

Other

 

 

59.3

 

 

 

45.0

 

 

 

42.7

 

 

 

27.2

 

 

 

0.9

 

 

 

0.9

 

Total Noncurrent Regulatory Assets

 

 

1,069.4

 

 

 

767.6

 

 

 

548.7

 

 

 

507.5

 

 

 

489.9

 

 

 

231.2

 

Total Regulatory Assets

 

$

1,138.9

 

 

$

846.2

 

 

$

580.8

 

 

$

536.9

 

 

$

510.3

 

 

$

265.1

 

Regulatory Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

$

5.8

 

 

$

5.8

 

 

$

3.6

 

 

$

3.6

 

 

$

2.2

 

 

$

2.2

 

Unamortized purchased gas adjustments

 

 

73.1

 

 

 

26.2

 

 

 

72.3

 

 

 

25.4

 

 

 

 

 

 

 

Other

 

 

34.1

 

 

 

28.8

 

 

 

27.3

 

 

 

23.3

 

 

 

1.7

 

 

 

1.2

 

Total Current Regulatory Liabilities

 

 

113.0

 

 

 

60.8

 

 

 

103.2

 

 

 

52.3

 

 

 

3.9

 

 

 

3.4

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred taxes due to customers

 

 

138.8

 

 

 

179.8

 

 

 

121.4

 

 

 

162.5

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

 

157.6

 

 

 

142.3

 

 

 

140.4

 

 

 

119.1

 

 

 

14.8

 

 

 

19.1

 

Accrued cost of removal

 

 

28.6

 

 

 

41.6

 

 

 

 

 

 

15.7

 

 

 

 

 

 

 

Unamortized purchased gas adjustments

 

 

4.4

 

 

 

 

 

 

4.4

 

 

 

 

 

 

 

 

 

 

Other

 

 

14.3

 

 

 

35.3

 

 

 

8.6

 

 

 

29.2

 

 

 

3.7

 

 

 

3.9

 

Total Noncurrent Regulatory Liabilities

 

 

343.7

 

 

 

399.0

 

 

 

274.8

 

 

 

326.5

 

 

 

18.5

 

 

 

23.0

 

Total Regulatory Liabilities

 

$

456.7

 

 

$

459.8

 

 

$

378.0

 

 

$

378.8

 

 

$

22.4

 

 

$

26.4

 

Schedule of Regulatory Assets Not Earning a Return

A portion of the Company’s regulatory assets are not earning a return and are shown in the schedule below:

 

 

 

Spire

 

 

Spire Missouri

 

September 30

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Pension and postretirement benefit costs

 

$

232.3

 

 

$

211.1

 

 

$

232.3

 

 

$

211.1

 

Future income taxes due from customers

 

 

121.3

 

 

 

108.8

 

 

 

114.6

 

 

 

102.9

 

Other

 

 

12.9

 

 

 

14.3

 

 

 

12.9

 

 

 

14.3

 

Total Regulatory Assets Not Earning a Return

 

$

366.5

 

 

$

334.2

 

 

$

359.8

 

 

$

328.3