Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

3 Months Ended

Dec. 31, 2022

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


	December 31, 2022		September 30, 2022		December 31, 2021
Regulatory assets (a):
Income taxes recoverable	$	93	$	83	$	145
Underfunded pension plans	114		114		106
Environmental costs	36		37		57
Deferred fuel and power costs	71		32		29
Removal costs, net	25		22		23
Other	54		52		52
Total regulatory assets	$	393	$	340	$	412
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	11	$	13

Deferred fuel and power refunds	3		3		1
State tax benefits — distribution system repairs	39		38		33

Excess federal deferred income taxes	264		279		285
Other	3		4		14
Total regulatory liabilities	$	320	$	335	$	346

(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:


	December 31, 2022		September 30, 2022		December 31, 2021
Regulatory assets (a):
Income taxes recoverable	$	93	$	83	$	145
Underfunded pension plans	114		114		106
Environmental costs	36		37		57
Deferred fuel and power costs	71		32		29
Removal costs, net	25		22		23
Other	54		52		52
Total regulatory assets	$	393	$	340	$	412
Regulatory liabilities (a):
Postretirement benefit overcollections	$	11	$	11	$	13

Deferred fuel and power refunds	3		3		1
State tax benefits — distribution system repairs	39		38		33

Excess federal deferred income taxes	264		279		285
Other	3		4		14
Total regulatory liabilities	$	320	$	335	$	346