REGULATORY MATTERS (Tables)

3 Months Ended

Dec. 31, 2015

The following regulatory assets and regulatory liabilities, including purchased gas adjustments, were reflected in the balance sheets of the Company and the Utilities as of December 31, 2015, September 30, 2015 and December 31, 2014.



	December 31,		September 30,		December 31,
Laclede Group	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	26.7	$	22.0	$	21.4
Unamortized purchased gas adjustments	44.6		12.9		60.6
Other	5.0		5.6		5.2
Total Regulatory Assets (current)	76.3		40.5		87.2
Non-current:
Future income taxes due from customers	138.7		134.5		121.3
Pension and postretirement benefit costs	441.3		448.7		426.1
Cost of removal	79.4		78.9		21.1
Enhanced stability reserve	—		—		3.3
Purchased gas costs	11.5		24.1		4.2
Energy efficiency	23.0		22.3		—
Other	33.1		29.1		39.8
Total Regulatory Assets (non-current)	727.0		737.6		615.8
Total Regulatory Assets	$	803.3	$	778.1	$	703.0

Regulatory Liabilities:
Current:
RSE adjustment	$	11.1	$	12.2	$	17.0
Unbilled service margin	16.4		6.4		20.8
Pension and postretirement benefit costs	—		—		2.3
Refundable negative salvage	10.5		10.8		13.1
Unamortized purchased gas adjustments	14.3		28.2		22.1
Other	3.5		3.0		0.6
Total Regulatory Liabilities (current)	55.8		60.6		75.9
Non-current:
Postretirement liabilities	28.4		28.9		25.6
Refundable negative salvage	15.8		16.2		25.6
Accrued cost of removal	58.6		58.7		59.3
Other	26.3		15.5		12.4
Total Regulatory Liabilities (non-current)	129.1		119.3		122.9
Total Regulatory Liabilities	$	184.9	$	179.9	$	198.8



	December 31,		September 30,		December 31,
Laclede Gas	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	20.2	$	15.5	$	15.0
Unamortized purchased gas adjustments	44.6		12.9		60.6
Other	0.7		0.7		3.0
Total Regulatory Assets (current)	65.5		29.1		78.6
Non-current:
Future income taxes due from customers	138.7		134.5		121.3
Pension and postretirement benefit costs	362.2		368.0		361.6
Purchased gas costs	11.5		24.1		4.2
Energy efficiency	23.0		22.3		—
Other	28.5		24.7		39.8
Total Regulatory Assets (non-current)	563.9		573.6		526.9
Total Regulatory Assets	$	629.4	$	602.7	$	605.5

Regulatory Liabilities:
Current:
Other	$	1.1	$	0.6	$	0.6
Total Regulatory Liabilities (current)	1.1		0.6		0.6
Non-current:
Accrued cost of removal	58.6		58.7		59.3
Other	22.8		11.9		11.6
Total Regulatory Liabilities (non-current)	81.4		70.6		70.9
Total Regulatory Liabilities	$	82.5	$	71.2	$	71.5



	December 31,		September 30,		December 31,
Alagasco	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	6.5	$	6.5	$	6.4
Other	4.3		4.9		2.2
Total Regulatory Assets (current)	10.8		11.4		8.6
Non-current:
Pension and postretirement benefit costs	79.1		80.7		64.5
Cost of removal	79.4		78.9		21.1
Enhanced stability reserve	—		—		3.3
Other	4.0		4.0		—
Total Regulatory Assets (non-current)	162.5		163.6		88.9
Total Regulatory Assets	$	173.3	$	175.0	$	97.5

Regulatory Liabilities:
Current:
RSE adjustment	$	11.1	$	12.2	$	17.0
Unbilled service margin	16.4		6.4		20.8
Pension and postretirement benefit costs	—		—		2.3
Refundable negative salvage	10.5		10.8		13.1
Unamortized purchased gas adjustments	14.3		28.2		22.1
Other	2.4		2.4		—
Total Regulatory Liabilities (current)	54.7		60.0		75.3
Non-current:
Postretirement liabilities	28.4		28.9		25.6
Refundable negative salvage	15.8		16.2		25.6
Other	3.5		3.6		0.7
Total Regulatory Liabilities (non-current)	47.7		48.7		51.9
Total Regulatory Liabilities	$	102.4	$	108.7	$	127.2

A portion of the Company's and Laclede Gas' regulatory assets are not earning a return, as shown in the schedule below:



	Laclede Group						Laclede Gas
	December 31,		September 30,		December 31,		December 31,		September 30,		December 31,
($ Millions)	2015		2015		2014		2015		2015		2014
Regulatory Assets Not Earning a Return:
Future income taxes due from customers	$	138.7	$	134.5	$	121.3	$	138.7	$	134.5	$	121.3
Pension and postretirement benefit costs	217.7		223.7		277.7		217.7		223.7		277.7
Other	13.5		14.2		15.6		13.5		14.2		15.6
Total Regulatory Assets Not Earning a Return	$	369.9	$	372.4	$	414.6	$	369.9	$	372.4	$	414.6

Schedule of regulatory liabilities



	December 31,		September 30,		December 31,
Laclede Group	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	26.7	$	22.0	$	21.4
Unamortized purchased gas adjustments	44.6		12.9		60.6
Other	5.0		5.6		5.2
Total Regulatory Assets (current)	76.3		40.5		87.2
Non-current:
Future income taxes due from customers	138.7		134.5		121.3
Pension and postretirement benefit costs	441.3		448.7		426.1
Cost of removal	79.4		78.9		21.1
Enhanced stability reserve	—		—		3.3
Purchased gas costs	11.5		24.1		4.2
Energy efficiency	23.0		22.3		—
Other	33.1		29.1		39.8
Total Regulatory Assets (non-current)	727.0		737.6		615.8
Total Regulatory Assets	$	803.3	$	778.1	$	703.0

Regulatory Liabilities:
Current:
RSE adjustment	$	11.1	$	12.2	$	17.0
Unbilled service margin	16.4		6.4		20.8
Pension and postretirement benefit costs	—		—		2.3
Refundable negative salvage	10.5		10.8		13.1
Unamortized purchased gas adjustments	14.3		28.2		22.1
Other	3.5		3.0		0.6
Total Regulatory Liabilities (current)	55.8		60.6		75.9
Non-current:
Postretirement liabilities	28.4		28.9		25.6
Refundable negative salvage	15.8		16.2		25.6
Accrued cost of removal	58.6		58.7		59.3
Other	26.3		15.5		12.4
Total Regulatory Liabilities (non-current)	129.1		119.3		122.9
Total Regulatory Liabilities	$	184.9	$	179.9	$	198.8



	December 31,		September 30,		December 31,
Laclede Gas	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	20.2	$	15.5	$	15.0
Unamortized purchased gas adjustments	44.6		12.9		60.6
Other	0.7		0.7		3.0
Total Regulatory Assets (current)	65.5		29.1		78.6
Non-current:
Future income taxes due from customers	138.7		134.5		121.3
Pension and postretirement benefit costs	362.2		368.0		361.6
Purchased gas costs	11.5		24.1		4.2
Energy efficiency	23.0		22.3		—
Other	28.5		24.7		39.8
Total Regulatory Assets (non-current)	563.9		573.6		526.9
Total Regulatory Assets	$	629.4	$	602.7	$	605.5

Regulatory Liabilities:
Current:
Other	$	1.1	$	0.6	$	0.6
Total Regulatory Liabilities (current)	1.1		0.6		0.6
Non-current:
Accrued cost of removal	58.6		58.7		59.3
Other	22.8		11.9		11.6
Total Regulatory Liabilities (non-current)	81.4		70.6		70.9
Total Regulatory Liabilities	$	82.5	$	71.2	$	71.5



	December 31,		September 30,		December 31,
Alagasco	2015		2015		2014
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	6.5	$	6.5	$	6.4
Other	4.3		4.9		2.2
Total Regulatory Assets (current)	10.8		11.4		8.6
Non-current:
Pension and postretirement benefit costs	79.1		80.7		64.5
Cost of removal	79.4		78.9		21.1
Enhanced stability reserve	—		—		3.3
Other	4.0		4.0		—
Total Regulatory Assets (non-current)	162.5		163.6		88.9
Total Regulatory Assets	$	173.3	$	175.0	$	97.5

Regulatory Liabilities:
Current:
RSE adjustment	$	11.1	$	12.2	$	17.0
Unbilled service margin	16.4		6.4		20.8
Pension and postretirement benefit costs	—		—		2.3
Refundable negative salvage	10.5		10.8		13.1
Unamortized purchased gas adjustments	14.3		28.2		22.1
Other	2.4		2.4		—
Total Regulatory Liabilities (current)	54.7		60.0		75.3
Non-current:
Postretirement liabilities	28.4		28.9		25.6
Refundable negative salvage	15.8		16.2		25.6
Other	3.5		3.6		0.7
Total Regulatory Liabilities (non-current)	47.7		48.7		51.9
Total Regulatory Liabilities	$	102.4	$	108.7	$	127.2