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Leases (Tables)
12 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Operating Lease Cost Cash Flow and Noncash Information

Operating lease cost, cash flow and noncash information are shown in the following table.

 

 

Spire

 

 

Spire Missouri

 

 

Spire Alabama

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease cost, including amounts capitalized

 

$

7.2

 

 

$

8.7

 

 

$

0.4

 

 

$

0.5

 

 

$

2.1

 

 

$

3.5

 

Cash flow and noncash information about operating leases:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows representing cash paid for amounts included in the measurement of lease liabilities

 

 

7.2

 

 

 

8.5

 

 

 

0.4

 

 

 

0.5

 

 

 

2.1

 

 

 

3.3

 

Right-of-use assets obtained in exchange for lease liabilities

 

 

 

 

 

71.1

 

 

 

 

 

 

2.1

 

 

 

 

 

 

10.0

 

 

 

Summary of Balance Sheet and Weighted-Average Information about Operating Leases

The following table shows year-end balance sheet and weighted-average information about operating leases.

 

 

Spire

 

 

Spire Missouri

 

 

Spire Alabama

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Right-of-use assets

 

$

60.4

 

 

$

65.1

 

 

$

1.4

 

 

$

1.7

 

 

$

4.8

 

 

$

6.7

 

Lease liabilities, current

 

 

6.5

 

 

 

6.5

 

 

 

0.3

 

 

 

0.3

 

 

 

1.9

 

 

 

1.9

 

Lease liabilities, noncurrent

 

 

53.7

 

 

 

58.4

 

 

 

1.0

 

 

 

1.4

 

 

 

2.7

 

 

 

4.7

 

Weighted-average remaining lease term

 

15.3 years

 

 

15.9 years

 

 

4.5 years

 

 

5.3 years

 

 

2.3 years

 

 

3.3 years

 

Weighted-average discount rate

 

 

4.2

%

 

 

4.2

%

 

 

2.5

%

 

 

2.5

%

 

 

2.2

%

 

 

2.2

%

 

Schedule of Maturity Analysis for Operating Lease Liabilities

Following is a maturity analysis by fiscal year for operating lease liabilities as of September 30, 2021.

 

 

Spire

 

 

Spire Missouri

 

 

Spire Alabama

 

2022

 

$

6.6

 

 

$

0.3

 

 

$

1.9

 

2023

 

 

7.2

 

 

 

0.3

 

 

 

2.1

 

2024

 

 

5.8

 

 

 

0.3

 

 

 

0.7

 

2025

 

 

5.1

 

 

 

0.3

 

 

 

 

2026

 

 

5.0

 

 

 

0.2

 

 

 

 

Thereafter

 

 

53.4

 

 

 

 

 

 

 

Total undiscounted lease payments

 

 

83.1

 

 

 

1.4

 

 

 

4.7

 

Less present value discount

 

 

(22.9

)

 

 

(0.1

)

 

 

(0.1

)

Total current and noncurrent lease liabilities

 

$

60.2

 

 

$

1.3

 

 

$

4.6