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Fair Value of Financial Instruments (Tables)
 3 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured at Fair Value on Recurring Basis

The carrying amounts and estimated fair values of financial instruments not measured at fair value on a recurring basis are shown in the following tables, classified according to the fair value hierarchy. There were no such instruments classified as Level 3 (significant unobservable inputs) as of December 31, 2020, September 30, 2020, and December 31, 2019.

 

 

 

 

 

 

 

 

 

 

 

Classification of Estimated

Fair Value

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Quoted

Prices in

Active Markets

(Level 1)

 

 

Significant Observable Inputs

(Level 2)

 

Spire

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

3.5

 

 

$

3.5

 

 

$

3.5

 

 

$

—

 

Notes payable

 

 

696.1

 

 

 

696.1

 

 

 

—

 

 

 

696.1

 

Long-term debt, including current portion

 

 

2,628.4

 

 

 

3,119.5

 

 

 

—

 

 

 

3,119.5

 

As of September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

4.1

 

 

$

4.1

 

 

$

4.1

 

 

$

—

 

Notes payable

 

 

648.0

 

 

 

648.0

 

 

 

—

 

 

 

648.0

 

Long-term debt, including current portion

 

 

2,484.1

 

 

 

2,908.6

 

 

 

—

 

 

 

2,908.6

 

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

21.5

 

 

$

21.5

 

 

$

21.5

 

 

$

—

 

Notes payable

 

 

518.9

 

 

 

518.9

 

 

 

—

 

 

 

518.9

 

Long-term debt, including current portion

 

 

2,529.7

 

 

 

2,765.9

 

 

 

—

 

 

 

2,765.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spire Missouri

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable – associated companies

 

$

393.7

 

 

$

393.7

 

 

$

—

 

 

$

393.7

 

Long-term debt

 

 

1,092.2

 

 

 

1,329.0

 

 

 

—

 

 

 

1,329.0

 

As of September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable – associated companies

 

$

301.2

 

 

$

301.2

 

 

$

—

 

 

$

301.2

 

Long-term debt

 

 

1,092.0

 

 

 

1,313.5

 

 

 

—

 

 

 

1,313.5

 

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

9.3

 

 

$

9.3

 

 

$

9.3

 

 

$

—

 

Notes payable – associated companies

 

 

288.1

 

 

 

288.1

 

 

 

—

 

 

 

288.1

 

Long-term debt

 

 

1,098.6

 

 

 

1,234.9

 

 

 

—

 

 

 

1,234.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spire Alabama

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable – associated companies

 

$

27.0

 

 

$

27.0

 

 

$

—

 

 

$

27.0

 

Long-term debt, including current portion

 

 

621.0

 

 

 

742.9

 

 

 

—

 

 

 

742.9

 

As of September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable – associated companies

 

$

121.3

 

 

$

121.3

 

 

$

—

 

 

$

121.3

 

Long-term debt

 

 

471.8

 

 

 

576.9

 

 

 

—

 

 

 

576.9

 

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable – associated companies

 

$

67.1

 

 

$

67.1

 

 

$

—

 

 

$

67.1

 

Long-term debt, including current portion

 

 

511.7

 

 

 

572.8

 

 

 

—

 

 

 

572.8