NOTES PAYABLE AND CREDIT AGREEMENTS (Tables)

12 Months Ended

Sep. 30, 2017

Information about Spire’s consolidated short-term borrowings is presented below. Based on average short-term borrowings for the year ended September 30, 2017, an increase in the average interest rate of 100 basis points would decrease Spire’s pre-tax earnings and cash flows by approximately $4.9 on an annual basis, portions of which may be offset through the application of PGA or GSA carrying costs.



	Spire Short‑term Borrowings¹	Spire Missouri Commercial Paper Borrowings²	Spire Alabama Bank Line Borrowings	Total Short‑term Borrowings
Year Ended September 30, 2017
Weighted average borrowings outstanding	$369.0	$88.5	$28.3	$485.8
Weighted average interest rate	1.3%	0.9%	1.6%	1.2%
Range of borrowings outstanding	$73.0 - $675.6	$0.0 - $329.7	$0.0 - $102.5	$395.5 - $675.6
As of September 30, 2017
Borrowings outstanding	$477.3	$—	$—	$477.3
Weighted average interest rate	1.5%	—%	—%	1.5%
Year Ended September 30, 2016
Weighted average borrowings outstanding	$42.7	$201.0	$30.2	$273.9
Weighted average interest rate	1.6%	0.7%	1.4%	0.9%
Range of borrowings outstanding	$0.0 - $82.0	$43.0 - $307.2	$0.0 - $82.0	$73.1 - $427.2
As of September 30, 2016
Borrowings outstanding	$73.0	$243.7	$82.0	$398.7
Weighted average interest rate	1.8%	0.8%	1.5%	1.1%

Spire Short-term Borrowings includes bank line borrowings of Spire Inc. (excluding its subsidiaries) and, since January 1, 2017, commercial paper. Of Spire’s $477.3 borrowings outstanding as of September 30, 2017, $440.0 was used to provide funding to its subsidiaries, including Spire Missouri ($203.0), Spire Alabama ($169.9), Spire EnergySouth and subsidiaries ($12.9), Spire STL Pipeline LLC ($26.6), and others ($27.6).

²The commercial paper program for Spire Missouri terminated February 2, 2017.

Spire Missouri

Short-term Debt [Line Items]

Short-term borrowings

Spire Alabama

Short-term Debt [Line Items]

Short-term borrowings