Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

9 Months Ended

Jun. 30, 2023

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


	June 30, 2023		September 30, 2022		June 30, 2022
Regulatory assets (a):
Income taxes recoverable	$	95	$	83	$	151
Underfunded pension plans	118		114		103
Environmental costs	28		37		34
Deferred fuel and power costs	30		32		14
Removal costs, net	22		22		22
Other	57		52		47
Total regulatory assets	$	350	$	340	$	371
Regulatory liabilities (a):
Postretirement benefit overcollections	$	10	$	11	$	12

Deferred fuel and power refunds	63		3		1
State tax benefits — distribution system repairs	40		38		34

Excess federal deferred income taxes	260		279		281
Other	3		4		8
Total regulatory liabilities	$	376	$	335	$	336

(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:


	June 30, 2023		September 30, 2022		June 30, 2022
Regulatory assets (a):
Income taxes recoverable	$	95	$	83	$	151
Underfunded pension plans	118		114		103
Environmental costs	28		37		34
Deferred fuel and power costs	30		32		14
Removal costs, net	22		22		22
Other	57		52		47
Total regulatory assets	$	350	$	340	$	371
Regulatory liabilities (a):
Postretirement benefit overcollections	$	10	$	11	$	12

Deferred fuel and power refunds	63		3		1
State tax benefits — distribution system repairs	40		38		34

Excess federal deferred income taxes	260		279		281
Other	3		4		8
Total regulatory liabilities	$	376	$	335	$	336