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INFORMATION BY OPERATING SEGMENT (Tables)
3 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of operating segment information
 
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Three Months Ended December 31, 2017
 
 
 
 
 
 
 
 
 
Operating Revenues:
 
 
 
 
 
 
 
 
 
Revenues from external customers
$
541.9

 
$
19.6

 
$
0.3

 
$

 
$
561.8

Intersegment revenues
0.1

 

 
2.5

 
(2.6
)
 

Total Operating Revenues
542.0

 
19.6

 
2.8

 
(2.6
)
 
561.8

Operating Expenses:
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
263.4

 

 

 
(22.6
)
 
240.8

Operation and maintenance
99.8

 

 

 
(1.9
)
 
97.9

Depreciation and amortization
40.3

 

 

 

 
40.3

Taxes, other than income taxes
36.7

 

 

 

 
36.7

Total Gas Utility Operating Expenses
440.2

 

 

 
(24.5
)
 
415.7

Gas Marketing and Other

 
14.6

 
4.5

 
21.9

 
41.0

Total Operating Expenses
440.2

 
14.6

 
4.5

 
(2.6
)
 
456.7

Operating Income (Loss)
$
101.8

 
$
5.0

 
$
(1.7
)
 
$

 
$
105.1

Net Economic Earnings (Loss)
$
59.5

 
$
3.6

 
$
(5.2
)
 
$

 
$
57.9

 
 
 
 
 
 
 
 
 
 

 
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

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

The Company’s total assets by segment were as follows:
 
December 31,
 
September 30,
 
December 31,
 
2017
 
2017
 
2016
Total Assets:
Gas Utility
$
5,611.7

 
$
5,551.2

 
$
5,375.6

Gas Marketing
233.5

 
246.2

 
225.0

Other
2,427.7

 
2,239.5

 
1,848.7

Eliminations
(1,571.8
)
 
(1,490.2
)
 
(1,139.2
)
Total Assets
$
6,701.1

 
$
6,546.7

 
$
6,310.1

Schedule of 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,
 
2017
 
2016
Net Income
$
116.0

 
$
45.2

Adjustments, pre-tax:
 
 
 
Unrealized loss on energy-related derivative contracts
0.8

 
3.8

Lower of cost or market inventory adjustments

 
(0.1
)
Realized gain on economic hedges prior to sale of the physical commodity
(0.1
)
 
(0.1
)
Acquisition, divestiture and restructuring activities
1.7

 
0.1

Income tax effect of adjustments
(0.6
)
 
(1.4
)
Effects of the Tax Cuts and Jobs Act
(59.9
)
 

Net Economic Earnings
$
57.9

 
$
47.5