Spire Inc. (SR) financial statements (2020 and earlier)

Company profile

Business Address 700 MARKET STREET
ST LOUIS, MO 63101
State of Incorp. MO
Fiscal Year End September 30
SIC 4924 - Natural Gas Distribution (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2264751653
Cash and cash equivalents2264751653
Receivables26212113612610914317
Inventory, net of allowances, customer advances and progress billings160173187207186 
Inventory160173187207186  
Prepaid expense312931    
Derivative instruments and hedges, assets  1361123
Regulatory current assets6879731769458 
Deferred tax assets   101
Other current assets131122    
Other undisclosed current assets221196192204164376401
Total current assets:776615660726570605476
Noncurrent Assets
Operating lease, right-of-use asset69 
Property, plant and equipment519478175521498
Intangible assets, net (including goodwill)1,1721,1721,1721,1721,165938247
Goodwill1,1721,1721,1721,1721,165938247
Derivative instruments and hedges 11602  
Regulated entity, other noncurrent assets7517681415 637546
Deferred costs  799868980702560
Other noncurrent assets237163   6514
Other undisclosed noncurrent assets4,4384,4144,0203,7143,3472,1171,275
Total noncurrent assets:7,1857,0056,1845,8215,5084,4692,650
TOTAL ASSETS:7,9617,6196,8446,5476,0775,0743,125
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities387416440398344276194
Accounts payable308302290257211177140
Employee-related liabilities35464039403621
Taxes payable44696561556333
Interest and dividends payable  454138  
Deferred revenue3133
Debt5264055447739957474
Derivative instruments and hedges, liabilities     46
Regulatory liability5061   38 
Deferred revenue and credits32703625
Deferred tax liabilities   101
Customer advances and deposits3535 
Other liabilities1831415833338623
Other undisclosed current liabilities75779269123281(242)31
Total current liabilities:1,2531,4691,3221,0981,161783353
Noncurrent Liabilities
Long-term debt and lease obligation2,4842,0831,9001,9951,8341,851913
Long-term debt, excluding current maturities2,4842,0831,9001,9951,8341,851913
Liabilities, other than long-term debt, including:1,6341,5211,3591,4631,314932731
Deferred revenue and credits  33
Pension and other postretirement defined benefit plans, liabilities245229
Asset retirement obligations3413383212972069975
Deferred tax liabilities, net   384379
Deferred income tax liabilities475451
Liability, pension and other postretirement and postemployment benefits261265180237304 
Regulatory liability418399355157131126 
Other liabilities139696764667545
Derivative instruments and hedges, liabilities  030  
Other undisclosed liabilities, other than long-term debt  436704607  
Other undisclosed noncurrent liabilities     (1,851)(830)
Total noncurrent liabilities:4,1183,6043,2593,4583,148932813
Total liabilities:5,3715,0734,5804,5554,3091,7151,166
Temporary equity, carrying amount438    
Stockholders' equity
Stockholders' equity attributable to parent, including:2,5862,5432,2551,9911,7681,5081,046
Preferred stock242242     
Common stock5151   4333
Additional paid in capital1,5071,5061,4831,3261,1761,029594
Accumulated other comprehensive income (loss)(17)(31)63(4)(2)(1)
Retained earnings803776716614551438420
Other undisclosed stockholders' equity attributable to parent  514846  
Total stockholders' equity:2,5862,5432,2551,9911,7681,5081,046
Other undisclosed liabilities and equity     1,851913
TOTAL LIABILITIES AND EQUITY:7,9617,6196,8446,5476,0775,0743,125

Income statement (P&L) ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2014
9/30/2013
Revenues1,9171,9521,9651,7411,5371,6271,017
Cost of revenue(1,598)(1,630)(1,652)(1,398)(1,228)(1,437)(878)
Gross profit:320323313343310191139
Operating expenses (20)(33)(21)(28)(24)(42)
Other undisclosed operating loss(20)      
Operating income:30030228032228216696
Nonoperating income (expense)2421679(3)2
Investment income, nonoperating      1
Other nonoperating expense      (2)
Interest and debt expense(105)(104)(98)(89)(77)(46)(29)
Income from continuing operations before income taxes:21821918823921411770
Income tax expense (benefit)(34)(35)27(78)(70)(32)(18)
Net income attributable to parent:1841852141621448553
Preferred stock dividends and other adjustments(9)(5)     
Other undisclosed net loss available to common stockholders, basic(0)(0)(1)(0)(1)(0)(0)
Net income available to common stockholders, diluted:1751792141611448453

Comprehensive Income ($ in millions)

12/31/2019
TTM
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2014
9/30/2013
Net income:1841852141621448553
Other comprehensive income (loss) 100(0)  
Other undisclosed comprehensive income1      
Comprehensive income:1851862151621448553
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(16)(39)27(2)(1)3
Comprehensive income, net of tax, attributable to parent:1691472171691428456

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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