XML 58 R40.htm IDEA: XBRL DOCUMENT v3.21.2
Regulatory Matters (Tables)
12 Months Ended
Sep. 30, 2021
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, 2021 and 2020.

 

 

Spire

 

 

Spire Missouri

 

 

Spire Alabama

 

September 30

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Regulatory Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

$

31.1

 

 

$

30.6

 

 

$

21.9

 

 

$

21.9

 

 

$

8.2

 

 

$

7.7

 

Unamortized purchased gas adjustments

 

 

243.5

 

 

 

5.5

 

 

 

242.8

 

 

 

 

 

 

 

 

 

5.5

 

Other

 

 

31.9

 

 

 

33.4

 

 

 

11.6

 

 

 

10.2

 

 

 

10.6

 

 

 

7.2

 

Total Current Regulatory Assets

 

 

306.5

 

 

 

69.5

 

 

 

276.3

 

 

 

32.1

 

 

 

18.8

 

 

 

20.4

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Future income taxes due from customers

 

 

132.9

 

 

 

123.5

 

 

 

124.2

 

 

 

114.6

 

 

 

2.2

 

 

 

2.2

 

Pension and postretirement benefit costs

 

 

313.8

 

 

 

439.3

 

 

 

226.0

 

 

 

332.6

 

 

 

82.9

 

 

 

98.2

 

Cost of removal

 

 

431.9

 

 

 

395.6

 

 

 

34.9

 

 

 

7.1

 

 

 

397.0

 

 

 

388.6

 

Unamortized purchased gas adjustments

 

 

 

 

 

12.1

 

 

 

 

 

 

12.1

 

 

 

 

 

 

 

Energy efficiency

 

 

47.6

 

 

 

39.6

 

 

 

47.6

 

 

 

39.6

 

 

 

 

 

 

 

Other

 

 

67.3

 

 

 

59.3

 

 

 

50.4

 

 

 

42.7

 

 

 

1.2

 

 

 

0.9

 

Total Noncurrent Regulatory Assets

 

 

993.5

 

 

 

1,069.4

 

 

 

483.1

 

 

 

548.7

 

 

 

483.3

 

 

 

489.9

 

Total Regulatory Assets

 

$

1,300.0

 

 

$

1,138.9

 

 

$

759.4

 

 

$

580.8

 

 

$

502.1

 

 

$

510.3

 

Regulatory Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

$

5.8

 

 

$

5.8

 

 

$

3.6

 

 

$

3.6

 

 

$

2.2

 

 

$

2.2

 

Unamortized purchased gas adjustments

 

 

11.0

 

 

 

73.1

 

 

 

 

 

 

72.3

 

 

 

10.2

 

 

 

 

Other

 

 

17.8

 

 

 

34.1

 

 

 

13.5

 

 

 

27.3

 

 

 

1.0

 

 

 

1.7

 

Total Current Regulatory Liabilities

 

 

34.6

 

 

 

113.0

 

 

 

17.1

 

 

 

103.2

 

 

 

13.4

 

 

 

3.9

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred taxes due to customers

 

 

127.5

 

 

 

138.8

 

 

 

110.2

 

 

 

121.4

 

 

 

 

 

 

 

Pension and postretirement benefit costs

 

 

159.3

 

 

 

157.6

 

 

 

131.4

 

 

 

140.4

 

 

 

19.8

 

 

 

14.8

 

Accrued cost of removal

 

 

36.2

 

 

 

28.6

 

 

 

4.9

 

 

 

 

 

 

 

 

 

 

Unamortized purchased gas adjustments

 

 

284.3

 

 

 

4.4

 

 

 

284.3

 

 

 

4.4

 

 

 

 

 

 

 

Other

 

 

13.6

 

 

 

14.3

 

 

 

8.0

 

 

 

8.6

 

 

 

3.6

 

 

 

3.7

 

Total Noncurrent Regulatory Liabilities

 

 

620.9

 

 

 

343.7

 

 

 

538.8

 

 

 

274.8

 

 

 

23.4

 

 

 

18.5

 

Total Regulatory Liabilities

 

$

655.5

 

 

$

456.7

 

 

$

555.9

 

 

$

378.0

 

 

$

36.8

 

 

$

22.4

 

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

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Pension and postretirement benefit costs

 

$

165.7

 

 

$

232.3

 

 

$

165.7

 

 

$

232.3

 

Future income taxes due from customers

 

 

130.7

 

 

 

121.3

 

 

 

124.2

 

 

 

114.6

 

Unamortized purchase gas adjustments

 

 

242.8

 

 

 

 

 

 

242.8

 

 

 

 

Other

 

 

86.0

 

 

 

12.9

 

 

 

86.0

 

 

 

12.9

 

Total Regulatory Assets Not Earning a Return

 

$

625.2

 

 

$

366.5

 

 

$

618.7

 

 

$

359.8