Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

6 Months Ended

Mar. 31, 2022

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	March 31, 2022		September 30, 2021		March 31, 2021
Regulatory assets (a):
Income taxes recoverable	$	148	$	143	$	128
Underfunded pension and postretirement plans	104		108		169
Environmental costs	55		58		59
Deferred fuel and power costs	6		11		—
Removal costs, net	22		24		24
Other	49		53		18
Total regulatory assets	$	384	$	397	$	398
Regulatory liabilities (a):
Postretirement benefit overcollections	$	12	$	13	$	12

Deferred fuel and power refunds	17		36		17
State tax benefits — distribution system repairs	34		32		29

Excess federal deferred income taxes	283		287		270
Other	14		20		7
Total regulatory liabilities	$	360	$	388	$	335

(a)Current regulatory assets are included in “Prepaid expenses and other current assets” and regulatory liabilities are included in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.

Schedule of Regulatory Liabilities

The following regulatory assets and liabilities associated with Utilities are included on the Condensed Consolidated Balance Sheets:


	March 31, 2022		September 30, 2021		March 31, 2021
Regulatory assets (a):
Income taxes recoverable	$	148	$	143	$	128
Underfunded pension and postretirement plans	104		108		169
Environmental costs	55		58		59
Deferred fuel and power costs	6		11		—
Removal costs, net	22		24		24
Other	49		53		18
Total regulatory assets	$	384	$	397	$	398
Regulatory liabilities (a):
Postretirement benefit overcollections	$	12	$	13	$	12

Deferred fuel and power refunds	17		36		17
State tax benefits — distribution system repairs	34		32		29

Excess federal deferred income taxes	283		287		270
Other	14		20		7
Total regulatory liabilities	$	360	$	388	$	335