XML 23 R10.htm IDEA: XBRL DOCUMENT v3.21.1
Revenue
6 Months Ended
Mar. 31, 2021
Revenue From Contract With Customer [Abstract]  
Revenue

2. REVENUE

The following tables show revenue disaggregated by source and customer type.

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Spire

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gas Utility:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

537.6

 

 

$

471.9

 

 

$

887.5

 

 

$

840.3

 

Commercial & industrial

 

 

369.2

 

 

 

156.8

 

 

 

472.2

 

 

 

279.3

 

Transportation

 

 

34.2

 

 

 

32.5

 

 

 

66.4

 

 

 

63.5

 

Off-system & other incentive

 

 

130.6

 

 

 

9.3

 

 

 

139.9

 

 

 

18.7

 

Other customer revenue

 

 

(11.9

)

 

 

3.2

 

 

 

(9.7

)

 

 

5.6

 

Total revenue from contracts with customers

 

 

1,059.7

 

 

 

673.7

 

 

 

1,556.3

 

 

 

1,207.4

 

Changes in accrued revenue under alternative revenue programs

 

 

(6.6

)

 

 

5.3

 

 

 

(5.0

)

 

 

2.3

 

Total Gas Utility operating revenues

 

 

1,053.1

 

 

 

679.0

 

 

 

1,551.3

 

 

 

1,209.7

 

Gas Marketing

 

 

33.4

 

 

 

33.3

 

 

 

58.2

 

 

 

65.6

 

Other

 

 

15.6

 

 

 

14.7

 

 

 

32.3

 

 

 

25.8

 

Total before eliminations

 

 

1,102.1

 

 

 

727.0

 

 

 

1,641.8

 

 

 

1,301.1

 

Intersegment eliminations (see Note 9, Information by Operating Segment)

 

 

2.8

 

 

 

(11.5

)

 

 

(24.3

)

 

 

(18.7

)

Total Operating Revenues

 

$

1,104.9

 

 

$

715.5

 

 

$

1,617.5

 

 

$

1,282.4

 

 

Spire Missouri

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

365.4

 

 

$

331.1

 

 

$

628.4

 

 

$

607.0

 

Commercial & industrial

 

 

304.0

 

 

 

99.2

 

 

 

373.9

 

 

 

180.0

 

Transportation

 

 

9.9

 

 

 

9.7

 

 

 

18.9

 

 

 

18.7

 

Off-system & other incentive

 

 

128.5

 

 

 

9.3

 

 

 

135.9

 

 

 

18.7

 

Other customer revenue

 

 

(17.5

)

 

 

0.9

 

 

 

(14.6

)

 

 

1.4

 

Total revenue from contracts with customers

 

 

790.3

 

 

 

450.2

 

 

 

1,142.5

 

 

 

825.8

 

Changes in accrued revenue under alternative revenue programs

 

 

0.6

 

 

 

7.3

 

 

 

3.9

 

 

 

5.7

 

Total Operating Revenues

 

$

790.9

 

 

$

457.5

 

 

$

1,146.4

 

 

$

831.5

 

 

Spire Alabama

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential

 

$

144.8

 

 

$

120.5

 

 

$

214.0

 

 

$

194.8

 

Commercial & industrial

 

 

53.2

 

 

 

46.2

 

 

 

77.5

 

 

 

77.5

 

Transportation

 

 

21.7

 

 

 

19.9

 

 

 

42.2

 

 

 

39.5

 

Off-system & other incentive

 

 

1.9

 

 

 

 

 

 

3.9

 

 

 

 

Other customer revenue

 

 

3.9

 

 

 

1.7

 

 

 

2.0

 

 

 

3.3

 

Total revenue from contracts with customers

 

 

225.5

 

 

 

188.3

 

 

 

339.6

 

 

 

315.1

 

Changes in accrued revenue under alternative revenue programs

 

 

(2.9

)

 

 

(2.8

)

 

 

(3.4

)

 

 

(3.4

)

Total Operating Revenues

 

$

222.6

 

 

$

185.5

 

 

$

336.2

 

 

$

311.7

 

As discussed in Note 4, Regulatory Matters, Spire Missouri recorded a $25.0 revenue adjustment related to “Off-system and other incentive” sales during February 2021, resulting in negative “Other customer revenue” for the three and six months ended March 31, 2021.

Gross receipts taxes associated with the Company’s natural gas utility services are imposed on the Company, Spire Missouri, and Spire Alabama and billed to its customers. The expense amounts (shown in the table below) are reported gross in the “Taxes, other than income taxes” line in the statements of income, and corresponding revenues are reported in “Operating Revenues.”

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Spire

 

$

42.2

 

 

$

37.9

 

 

$

63.9

 

 

$

62.5

 

Spire Missouri

 

 

28.6

 

 

 

26.2

 

 

 

43.8

 

 

 

43.4

 

Spire Alabama

 

 

11.8

 

 

 

9.9

 

 

 

17.1

 

 

 

16.1