2020 Q3 Form 10-K Financial Statement

#000156459020054448 Filed on November 18, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 2019 Q3
Revenue $251.9M $1.855B $225.6M
YoY Change 11.66% -4.97% -5.69%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.50M $197.3M $46.80M
YoY Change 7.91% 8.59% 2.86%
% of Gross Profit
Operating Expenses $251.8M $1.500B $251.2M
YoY Change 0.24% -9.07% -2.67%
Operating Profit $100.0K $206.4M -$25.60M
YoY Change -100.39% -31.72% 35.45%
Interest Expense -$25.20M $105.5M -$25.30M
YoY Change -0.4% 1.05% 3.69%
% of Operating Profit -25200.0% 51.11%
Other Income/Expense, Net $900.0K $100.0K $5.900M
YoY Change -84.75% -99.53% -1083.33%
Pretax Income -$24.20M $101.0M -$45.00M
YoY Change -46.22% -53.9% 2.51%
Income Tax -$4.500M $12.40M -$10.70M
% Of Pretax Income 12.28%
Net Earnings -$19.70M $88.60M -$34.30M
YoY Change -42.57% -52.0% 32.43%
Net Earnings / Revenue -7.82% 4.78% -15.2%
Basic Earnings Per Share -$0.45 $1.44 -$0.75
Diluted Earnings Per Share -$0.45 $1.44 -$0.74
COMMON SHARES
Basic Shares Outstanding 51.20M
Diluted Shares Outstanding 51.30M

Balance Sheet

Concept 2020 Q3 2020 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.100M $4.100M $5.800M
YoY Change -29.31% -29.31% 31.82%
Cash & Equivalents $4.100M $4.100M $5.800M
Short-Term Investments
Other Short-Term Assets $33.00M $141.7M $10.50M
YoY Change 214.29% 15.67% -71.93%
Inventory $191.5M $191.5M $196.6M
Prepaid Expenses $29.20M $29.10M
Receivables $253.3M $253.3M $289.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $590.6M $590.6M $614.5M
YoY Change -3.89% -3.89% -6.84%
LONG-TERM ASSETS
Property, Plant & Equipment $432.3M $5.178B $477.8M
YoY Change -9.52% 7.2% 173.81%
Goodwill $1.172B $1.172B
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $71.70M $71.70M $72.30M
YoY Change -0.83% -0.83% 5.24%
Other Assets $225.5M $1.230B $163.4M
YoY Change 38.0% 32.09% 26.76%
Total Long-Term Assets $7.651B $7.651B $7.005B
YoY Change 9.22% 9.22% 13.27%
TOTAL ASSETS
Total Short-Term Assets $590.6M $590.6M $614.5M
Total Long-Term Assets $7.651B $7.651B $7.005B
Total Assets $8.241B $8.241B $7.619B
YoY Change 8.16% 8.16% 11.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $243.3M $243.3M $301.5M
YoY Change -19.3% -19.3% 3.93%
Accrued Expenses $52.80M $52.80M $45.70M
YoY Change 15.54% 15.54% -16.76%
Deferred Revenue $45.30M $32.60M
YoY Change 38.96% 43.61%
Short-Term Debt $648.0M $648.0M $743.2M
YoY Change -12.81% -12.81% 34.25%
Long-Term Debt Due $60.40M $60.40M $40.00M
YoY Change 51.0% 51.0% -77.21%
Total Short-Term Liabilities $1.449B $1.449B $1.469B
YoY Change -1.33% -1.33% 11.13%
LONG-TERM LIABILITIES
Long-Term Debt $2.424B $2.424B $2.083B
YoY Change 16.38% 16.38% 9.6%
Other Long-Term Liabilities $138.4M $1.331B $68.60M
YoY Change 101.75% 24.41% 2.69%
Total Long-Term Liabilities $2.562B $3.755B $2.151B
YoY Change 19.1% 19.1% 9.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.449B $1.449B $1.469B
Total Long-Term Liabilities $2.562B $3.755B $2.151B
Total Liabilities $4.011B $5.719B $3.620B
YoY Change 10.81% 12.66% 10.08%
SHAREHOLDERS EQUITY
Retained Earnings $720.7M $775.5M
YoY Change -7.07% 8.37%
Common Stock $51.60M $51.00M
YoY Change 1.18% 0.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.522B $2.522B $2.543B
YoY Change
Total Liabilities & Shareholders Equity $8.241B $8.241B $7.619B
YoY Change 8.16% 8.16% 11.33%

Cashflow Statement

Concept 2020 Q3 2020 2019 Q3
OPERATING ACTIVITIES
Net Income -$19.70M $88.60M -$34.30M
YoY Change -42.57% -52.0% 32.43%
Depreciation, Depletion And Amortization $50.50M $197.3M $46.80M
YoY Change 7.91% 8.59% 2.86%
Cash From Operating Activities $16.10M $469.9M $10.30M
YoY Change 56.31% 4.21% -118.83%
INVESTING ACTIVITIES
Capital Expenditures -$162.7M $638.4M -$214.8M
YoY Change -24.26% -22.46% 30.1%
Acquisitions
YoY Change
Other Investing Activities $1.200M -$6.800M $0.00
YoY Change -195.77% -100.0%
Cash From Investing Activities -$161.5M -$631.6M -$214.8M
YoY Change -24.81% -24.66% 33.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $41.10M
YoY Change 110.77%
Debt Paid & Issued, Net $147.0M
YoY Change -20.15%
Cash From Financing Activities 142.1M 160.0M 204.5M
YoY Change -30.51% -56.97% -10.93%
NET CHANGE
Cash From Operating Activities 16.10M 469.9M 10.30M
Cash From Investing Activities -161.5M -631.6M -214.8M
Cash From Financing Activities 142.1M 160.0M 204.5M
Net Change In Cash -3.300M -1.700M 0.00000003912
YoY Change -8436542902857341.0% -89.1% -100.0%
FREE CASH FLOW
Cash From Operating Activities $16.10M $469.9M $10.30M
Capital Expenditures -$162.7M $638.4M -$214.8M
Free Cash Flow $178.8M -$168.5M $225.1M
YoY Change -20.57% -54.75% 103.89%

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<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Georgia;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">USE OF ESTIMATES <span style="font-weight:normal;">– The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></p>
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RECLASSIFICATIONS <span style="font-weight:normal;">– Spire’s consolidated statements of income historically showed Gas Utility operating revenues and expense line items separately from Gas Marketing and other operations. The current presentation shows operating revenues and expense line items on a consolidated basis. Disaggregated data is presented in </span><a href="#Note_14_Information_by_Operating_Segment"><span style="text-decoration:underline;font-weight:normal;">Note 14</span><span style="font-weight:normal;">, Information by Operating Segment. Prior period amounts have been reclassified to conform with the current period presentation.</span></a>
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0.160
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SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
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9400000
CY2019 sr Employee Service Share Based Compensation Allocation Of Recognized Period Costs Total Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTotalAmount
8600000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P2Y10M24D
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0
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6900000
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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600000
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1400000
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1300000
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98400000
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CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0
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0.168
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.170
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0
CY2019 sr Employee Service Share Based Compensation Allocation Of Recognized Period Costs Prior Period Disallowed Capitalized Amount
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0
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8800000
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2100000
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6700000
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5500000
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10800000
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P1Y9M
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184600000
CY2018 us-gaap Net Income Loss
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14800000
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5300000
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49100000
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100000
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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100000
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400000
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500000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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73700000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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178900000
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213700000
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51200000
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50700000
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49100000
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1.44
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3.53
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214200000
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
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14800000
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
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5300000
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100000
CY2019 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
400000
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500000
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73700000
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178900000
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213700000
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51200000
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200000
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51300000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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50800000
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49300000
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1.44
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EarningsPerShareDiluted
3.52
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4.33
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0.0590
CY2019Q2 us-gaap Preferred Stock Liquidation Preference
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25000
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2024-08-15
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5800000
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250000
CY2020Q3 sr Number Of Shares Remaining And Available For Issuance Under Dividend Reinvestment And Stock Purchase Program In Shares
NumberOfSharesRemainingAndAvailableForIssuanceUnderDividendReinvestmentAndStockPurchaseProgramInShares
207254
CY2020Q3 sr Retained Earnings Dividend Restrictions Formula Component Fixed Amount
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8000000.0
CY2020Q3 us-gaap Retained Earnings Unappropriated
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1269400000
CY2019Q3 us-gaap Retained Earnings Unappropriated
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1182400000
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2500000000.0
CY2019Q3 us-gaap Debt Instrument Carrying Amount
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15900000
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14400000
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60400000
CY2019Q3 us-gaap Long Term Debt Current
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40000000.0
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CY2019Q3 us-gaap Long Term Debt Noncurrent
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2082600000
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60400000
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55800000
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336200000
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156600000
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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42000000.0
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6800000
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2600000
CY2020Q3 us-gaap Long Term Debt
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278300000
CY2020Q3 sr Notional Amount Of Non Exchange Traded Natural Gas Commodity Contracts To Be Settled In Next Twelve Months
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233100000
CY2020Q3 sr Notional Amount Of Non Exchange Traded Natural Gas Commodity Contracts To Be Settled In Year Two
NotionalAmountOfNonExchangeTradedNaturalGasCommodityContractsToBeSettledInYearTwo
35700000
CY2020Q3 sr Notional Amount Of Non Exchange Traded Natural Gas Commodity Contracts To Be Settled In Year Three
NotionalAmountOfNonExchangeTradedNaturalGasCommodityContractsToBeSettledInYearThree
5800000
CY2020Q3 sr Notional Amount Of Non Exchange Traded Natural Gas Commodity Contracts To Be Settled In Year Four
NotionalAmountOfNonExchangeTradedNaturalGasCommodityContractsToBeSettledInYearFour
1300000
CY2020Q3 sr Notional Amount Of Non Exchange Traded Natural Gas Commodity Contracts To Be Settled In Year Five
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1600000
CY2020Q3 sr Notional Amountof Non Exchange Traded Natural Gas Commodity Contracts To Be Settledin Year Six
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800000
CY2020Q3 us-gaap Derivative Loss On Derivative
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300000
CY2019Q3 us-gaap Derivative Liabilities
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54800000
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7600000
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49200000
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
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99500000
CY2019Q3 us-gaap Derivative Fair Value Of Derivative Asset
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24200000
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
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49200000
CY2019Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
24200000
CY2020Q3 sr Fair Value Of Cash Margin Receivable Offset With Derivatives
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CY2019Q3 sr Fair Value Of Cash Margin Receivable Offset With Derivatives
FairValueOfCashMarginReceivableOffsetWithDerivatives
14300000
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23000000.0
CY2019Q3 us-gaap Derivative Asset Fair Value Gross Liability
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23700000
CY2020Q3 us-gaap Derivative Assets
DerivativeAssets
17200000
CY2019Q3 us-gaap Derivative Assets
DerivativeAssets
14800000
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DerivativeAssetsOtherCurrent
15800000
CY2019Q3 sr Derivative Assets Other Current
DerivativeAssetsOtherCurrent
4200000
CY2020Q3 us-gaap Derivative Assets Noncurrent
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1400000
CY2019Q3 us-gaap Derivative Assets Noncurrent
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10600000
CY2020Q3 us-gaap Derivative Assets
DerivativeAssets
17200000
CY2019Q3 us-gaap Derivative Assets
DerivativeAssets
14800000
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CY2019Q3 us-gaap Derivative Fair Value Of Derivative Liability
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78500000
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23000000.0
CY2019Q3 us-gaap Derivative Liability Fair Value Gross Asset
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23700000
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
76500000
CY2019Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
54800000
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DerivativeLiabilitiesOtherCurrent
71000000.0
CY2019Q3 sr Derivative Liabilities Other Current
DerivativeLiabilitiesOtherCurrent
50000000.0
CY2020Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
5500000
CY2019Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
4800000
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
76500000
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8100000
CY2020Q3 sr Number Of Counterparties For Which Credit Risk Is Disclosed
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5
CY2020Q3 sr Number Of Counterparties Investment Grade Rated Or Owned By Investment Grade Rated Integrated Utilities
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4
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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2900000
CY2019Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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2500000
CY2020Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
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0
CY2020Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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0
CY2019Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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0
CY2020 sr Gains Or Losses Includible In Cost Amortized To Extent Exceeds Projected Benefit Obligations Or Market Related Value Of Plan Assets Percentage
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0.10
CY2020Q3 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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732600000
CY2019Q3 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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751400000
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699300000
CY2019Q3 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
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712900000
CY2020Q3 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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473100000
CY2019Q3 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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521800000
CY2020 sr Gains Or Losses Includible In Cost Amortized To Extent Exceeds Projected Benefit Obligations Or Market Related Value Of Plan Assets Percentage
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0.10
CY2018Q2 sr Postretirement Benefit Plans Recovery In Rates Base Allowance
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8600000
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13600000
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13800000
CY2018 us-gaap Defined Contribution Plan Cost Recognized
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12500000
CY2020 us-gaap Number Of Reportable Segments
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2
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1855400000
CY2020 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1855400000
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696100000
CY2020 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
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458600000
CY2020 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
197300000
CY2020 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
148400000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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148600000
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
1649000000.0
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
206400000
CY2020 sr Net Economic Earnings
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207800000
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
638400000
CY2019 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1952400000
CY2019 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1952400000
CY2019 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
840300000
CY2019 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
474100000
CY2019 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
181700000
CY2019 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
154000000.0
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
1650100000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
302300000
CY2019 sr Net Economic Earnings
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195100000
CY2019 us-gaap Payments To Acquire Productive Assets
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823300000
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RegulatedAndUnregulatedOperatingRevenue
1965000000.0
CY2018 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1965000000.0
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UtilitiesOperatingExpenseGasAndPetroleumPurchased
871700000
CY2018 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
477300000
CY2018 us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
168400000
CY2018 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
153500000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
1670900000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
294100000
CY2018 sr Net Economic Earnings
NetEconomicEarnings
183700000
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
499400000
CY2020Q3 us-gaap Assets
Assets
8241200000
CY2019Q3 us-gaap Assets
Assets
7619200000
CY2018Q3 us-gaap Assets
Assets
6843600000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
88600000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
184600000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
214200000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
148600000
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0
CY2019 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
12200000
CY2018 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
0
CY2020 sr Public Utilities Approved Rate Increase Decrease Regulatory Costs
PublicUtilitiesApprovedRateIncreaseDecreaseRegulatoryCosts
0
CY2019 sr Public Utilities Approved Rate Increase Decrease Regulatory Costs
PublicUtilitiesApprovedRateIncreaseDecreaseRegulatoryCosts
0
CY2018 sr Public Utilities Approved Rate Increase Decrease Regulatory Costs
PublicUtilitiesApprovedRateIncreaseDecreaseRegulatoryCosts
30600000
CY2020 sr Fair Value And Timing Adjustments
FairValueAndTimingAdjustments
2500000
CY2019 sr Fair Value And Timing Adjustments
FairValueAndTimingAdjustments
1200000
CY2018 sr Fair Value And Timing Adjustments
FairValueAndTimingAdjustments
-4300000
CY2020 sr Acquisition Divestiture And Restructuring Activities
AcquisitionDivestitureAndRestructuringActivities
0
CY2019 sr Acquisition Divestiture And Restructuring Activities
AcquisitionDivestitureAndRestructuringActivities
400000
CY2018 sr Acquisition Divestiture And Restructuring Activities
AcquisitionDivestitureAndRestructuringActivities
13600000
CY2020 sr Net Economic Earnings Reconciliation Adjustments Income Tax Effect
NetEconomicEarningsReconciliationAdjustmentsIncomeTaxEffect
-31900000
CY2019 sr Net Economic Earnings Reconciliation Adjustments Income Tax Effect
NetEconomicEarningsReconciliationAdjustmentsIncomeTaxEffect
-3300000
CY2018 sr Net Economic Earnings Reconciliation Adjustments Income Tax Effect
NetEconomicEarningsReconciliationAdjustmentsIncomeTaxEffect
-10300000
CY2020 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
0
CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
0
CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
-60100000
CY2020 sr Net Economic Earnings
NetEconomicEarnings
207800000
CY2019 sr Net Economic Earnings
NetEconomicEarnings
195100000
CY2018 sr Net Economic Earnings
NetEconomicEarnings
183700000
CY2020Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
69500000
CY2019Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
78600000
CY2020Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
1069400000
CY2019Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
767600000
CY2020Q3 us-gaap Regulatory Assets
RegulatoryAssets
1138900000
CY2019Q3 us-gaap Regulatory Assets
RegulatoryAssets
846200000
CY2020Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
113000000.0
CY2019Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
60800000
CY2020Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
343700000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.55
CY2019Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
399000000.0
CY2020Q3 us-gaap Regulatory Liabilities
RegulatoryLiabilities
456700000
CY2019Q3 us-gaap Regulatory Liabilities
RegulatoryLiabilities
459800000
CY2020Q3 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
366500000
CY2019Q3 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingAmountsOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
334200000
CY2020 sr Remaining Recovery Period Of Certain Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
RemainingRecoveryPeriodOfCertainRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided
P20Y
CY2020 us-gaap Remaining Recovery Period Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided1
RemainingRecoveryPeriodOfRegulatoryAssetsForWhichNoReturnOnInvestmentDuringRecoveryPeriodIsProvided1
P15Y
CY2020Q3 sr Customer Share
CustomerShare
0.75
CY2020 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
1745400000
CY2019Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1200000
CY2020 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
The lease agreement covering the Company’s primary office space in St. Louis extends through February 2035, with an option to renew for an additional five years
CY2020 sr Lessee Operating Lease Extend Period
LesseeOperatingLeaseExtendPeriod
2028-12
CY2020 us-gaap Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
with options to terminate three years
CY2020Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
8700000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
8500000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
71100000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
6800000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6100000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4800000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
36500000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
90300000
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
25400000
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
64900000
CY2018 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
10000000.0
CY2019 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
10900000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
8200000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
7000000.0
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
65100000
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6500000
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
58400000
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y10M24D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6600000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7200000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7200000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5800000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5100000
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
58400000
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
69400000
CY2019Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
566900000
CY2020Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
715500000
CY2020Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
321100000
CY2020Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
251900000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
102300000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
210500000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-106500000
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
100000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
67000000.0
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
133600000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-92300000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-19700000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
CY2018Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
602000000.0
CY2019Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
803500000
CY2019Q2 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
321300000
CY2019Q3 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
225600000
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
105100000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
209500000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
13300000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.87
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.54
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.87
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-25600000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
154600000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-3000000.0
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-34300000
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.05
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.75
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.04
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.74

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