SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 30, 2016

The following table presents a reconciliation of the beginning and ending balances of asset retirement obligations at September 30, as reported in the balance sheets.



	Spire						Laclede Gas						Alagasco
	2016			2015			2016			2015			2016			2015
Asset retirement obligations, beginning of year	$	159.2		$	99.2		$	72.4		$	71.2		$	86.6		$	27.7
Liabilities incurred during the period	4.1			2.3			1.2			0.6			2.9			1.7
Liabilities settled during the period	(9.5		)	(2.0		)	(1.9		)	(1.9		)	(6.8		)	(0.1		)
Accretion	13.2			4.5			3.5			3.4			9.7			1.1
Revisions in estimated cash flows	27.5			55.2			—			(0.9		)	27.7			56.2
Addition of EnergySouth asset retirement obligations	11.9			—			—			—			—			—
Asset retirement obligations, end of year	$	206.4		$	159.2		$	75.2		$	72.4		$	120.1		$	86.6

Off-system sales

Pre-tax income from off-system sales and capacity release revenues is shared with customers, with an estimated amount assumed in PGA rates. The difference between the actual amount allocated to customers for each fiscal year and the estimated amount assumed in PGA rates is recovered from, or credited to, customers over an annual period commencing in the subsequent November. The customer share of such income is determined in accordance with the following tables, shown for each service territory for which the PGA clauses were approved by the MoPSC.



	Customer Share	Company Share
Eastern Missouri
First $2.0*	100%	—%
Next $2.0	80%	20%
Next $2.0	75%	25%
Amounts exceeding $6.0	70%	30%
* Customer share reverts to 85% and company share reverts to 15% in 2017.
Western Missouri
First $1.2	85%	15%
Next $1.2	80%	20%
Next $1.2	75%	25%
Amounts exceeding $3.6	70%	30%

Changes in the carrying amount of goodwill by reportable segment

The changes in the carrying amount of goodwill by reportable segment were as follows:



	Gas Utility			Gas Marketing		Other		Total
Balance as of September 30, 2013	$	247.1		$	—	$	—	$	247.1
Adjustments to finalize the 2013 acquisition of MGE	(36.9		)	—		—		(36.9		)
Acquisition of Alagasco	—			—		727.6		727.6
Balance as of September 30, 2014	210.2			—		727.6		937.8
Adjustments to finalize the acquisition of Alagasco	—			—		8.2		8.2
Balance as of September 30, 2015	210.2			—		735.8		946.0
Acquisition of EnergySouth	—			—		218.9		218.9
Balance as of September 30, 2016	$	210.2		$	—	$	954.7	$	1,164.9

Schedule of gross receipts taxes

The following table presents gross receipts taxes recorded:



	2016		2015		2014
Spire	$	75.5	$	97.3	$	77.5
Laclede Gas	57.4		74.5		76.3
Alagasco	17.9		22.6		20.6

Schedule of inter-company transactions

Laclede Gas had the following transactions with affiliates:



	2016		2015		2014
Purchases of natural gas from LER	$	46.3	$	74.1	$	89.1
Sales of natural gas to LER	1.9		4.0		5.1
Services received from Laclede Insurance Risk Services, Inc.	1.8		1.0		0.6