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Fair Value of Financial Instruments (Tables)
6 Months Ended
Mar. 31, 2021
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 March 31, 2021, September 30, 2020, and March 31, 2020.

 

 

 

 

 

 

 

 

 

 

 

Classification of Estimated

Fair Value

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Quoted

Prices in

Active Markets

(Level 1)

 

 

Significant Observable Inputs

(Level 2)

 

Spire

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

104.0

 

 

$

104.0

 

 

$

104.0

 

 

$

 

Notes payable

 

 

653.5

 

 

 

653.5

 

 

 

 

 

 

653.5

 

Long-term debt, including current portion

 

 

2,803.3

 

 

 

3,090.9

 

 

 

 

 

 

3,090.9

 

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 March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

108.4

 

 

$

108.4

 

 

$

108.4

 

 

$

 

Notes payable

 

 

560.6

 

 

 

560.6

 

 

 

 

 

 

560.6

 

Long-term debt, including current portion

 

 

2,490.2

 

 

 

2,671.0

 

 

 

 

 

 

2,671.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spire Missouri

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable

 

$

250.0

 

 

$

250.0

 

 

$

 

 

$

250.0

 

Notes payable – associated companies

 

 

369.4

 

 

 

369.4

 

 

 

 

 

 

369.4

 

Long-term debt

 

 

1,092.4

 

 

 

1,254.2

 

 

 

 

 

 

1,254.2

 

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 March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

5.1

 

 

$

5.1

 

 

$

5.1

 

 

$

 

Notes payable

 

 

185.1

 

 

 

185.1

 

 

 

 

 

 

185.1

 

Notes payable associated companies

 

 

39.6

 

 

 

39.6

 

 

 

 

 

 

39.6

 

Long-term debt

 

 

1,098.7

 

 

 

1,231.2

 

 

 

 

 

 

1,231.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Spire Alabama

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

18.2

 

 

$

18.2

 

 

$

18.2

 

 

$

 

Notes receivable – associated companies

 

 

20.0

 

 

 

20.0

 

 

 

 

 

 

20.0

 

Long-term debt, including current portion

 

 

621.1

 

 

 

682.3

 

 

 

 

 

 

682.3

 

As of September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable associated companies

 

$

121.3

 

 

$

121.3

 

 

$

 

 

$

121.3

 

Long-term debt, including current portion

 

 

471.8

 

 

 

576.9

 

 

 

 

 

 

576.9

 

As of March 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

0.1

 

 

$

0.1

 

 

$

0.1

 

 

$

 

Notes payable

 

 

50.0

 

 

 

50.0

 

 

 

 

 

 

50.0

 

Notes payable associated companies

 

 

33.0

 

 

 

33.0

 

 

 

 

 

 

33.0

 

Long-term debt

 

 

471.7

 

 

 

535.1

 

 

 

 

 

 

535.1