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INFORMATION BY OPERATING SEGMENT (Tables)
3 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of operating segment information
 
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Three Months Ended December 31, 2016
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
472.3

 
$
21.7

 
$
1.1

 
$

 
$
495.1

Intersegment revenues
4.4

 

 
0.7

 
(5.1
)
 

Total Operating Revenues
476.7

 
21.7

 
1.8

 
(5.1
)
 
495.1

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
214.5

 

 

 
(20.7
)
 
193.8

Other operation and maintenance
100.5

 

 

 
(1.1
)
 
99.4

Depreciation and amortization
37.7

 

 

 

 
37.7

Taxes, other than income taxes
33.4

 

 

 

 
33.4

Total Gas Utility Operating Expenses
386.1

 

 

 
(21.8
)
 
364.3

Gas Marketing and Other

 
23.0

 
2.0

 
16.7

 
41.7

Total Operating Expenses
386.1

 
23.0

 
2.0

 
(5.1
)
 
406.0

Operating Income (Loss)
$
90.6

 
$
(1.3
)
 
$
(0.2
)
 
$

 
$
89.1

Net Economic Earnings (Loss)
$
51.8

 
$
1.4

 
$
(5.7
)
 
$

 
$
47.5

 
 
 
 
 
 
 
 
 
 
Three Months Ended December 31, 2015
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
398.8

 
$
0.2

 
$
0.4

 
$

 
$
399.4

Intersegment revenues
0.7

 
12.6

 
0.4

 
(13.7
)
 

Total Operating Revenues
399.5

 
12.8

 
0.8

 
(13.7
)
 
399.4

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
161.9

 

 

 
(13.4
)
 
148.5

Other operation and maintenance
91.9

 

 

 
(0.3
)
 
91.6

Depreciation and amortization
33.5

 

 

 

 
33.5

Taxes, other than income taxes
28.2

 

 

 

 
28.2

Total Gas Utility Operating Expenses
315.5

 

 

 
(13.7
)
 
301.8

Gas Marketing and Other

 
9.0

 
1.6

 

 
10.6

Total Operating Expenses
315.5

 
9.0

 
1.6

 
(13.7
)
 
312.4

Operating Income (Loss)
$
84.0

 
$
3.8

 
$
(0.8
)
 
$

 
$
87.0

Net Economic Earnings (Loss)
$
50.0

 
$
(0.3
)
 
$
(4.6
)
 
$

 
$
45.1



 
 
 
 
 
 
 
 
 
 
 
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Three Months Ended December 31, 2016
 
 
 
 
 
 
 
 
 
The Company’s total assets by segment were as follows:
 
December 31,
 
September 30,
 
December 31,
 
2016
 
2016
 
2015
Total Assets:
Gas Utility
$
5,375.6

 
$
5,184.7

 
$
4,799.0

Gas Marketing
225.0

 
205.0

 
163.8

Other
1,848.7

 
1,836.6

 
1,545.5

Eliminations
(1,139.2
)
 
(1,161.9
)
 
(1,109.5
)
Total Assets
$
6,310.1

 
$
6,064.4

 
$
5,398.8

Schedule of the reconciliation of consolidated net economic earnings to consolidated net income
The following table reconciles the Company’s net economic earnings to net income.
 
Three Months Ended December 31,
 
2016
 
2015
Net Income
$
45.2

 
$
46.9

Adjustments, pre-tax:
 
 
 
Unrealized loss (gain) on energy-related derivative contracts
3.8

 
(4.9
)
Lower of cost or market inventory adjustments
(0.1
)
 
0.6

Realized gain on economic hedges prior to sale of the physical commodity
(0.1
)
 
(0.1
)
Acquisition, divestiture and restructuring activities
0.1

 
1.3

Income tax effect of adjustments
(1.4
)
 
1.3

Net Economic Earnings
$
47.5

 
$
45.1