10-Q Filing

ATMOS ENERGY CORP CIK: 731802 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0000731802-18-000005`
Period End Date	20171231
Filing Date	20180206
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	ato-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 38 Cash Flow Statement 54 Comprehensive Income 12

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Common Stock, No Par Value	`CommonStockNoParValue`	$0.01	USD	Point-in-time
Common Stock, No Par Value	`CommonStockNoParValue`	$0.01	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$11.61B	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$11.30B	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.04B	USD	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.09B	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	106.10M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	110.96M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	106.10M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	110.96M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$9.26B	USD	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$9.52B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$222.26M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$489.22M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$184.65M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$163.96M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.98M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$106.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$539.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$778.91M	USD	Point-in-time
Goodwill	`Goodwill`	$730.13M	USD	Point-in-time
Goodwill	`Goodwill`	$730.13M	USD	Point-in-time
Deferred charges and other assets	`OtherAssetsNoncurrent`	$220.64M	USD	Point-in-time
Deferred charges and other assets	`OtherAssetsNoncurrent`	$236.89M	USD	Point-in-time
Total assets	`Assets`	$11.26B	USD	Point-in-time
Total assets	`Assets`	$10.75B	USD	Point-in-time
Common stock, no par value (stated at $.005 per share)	`CommonStockValue`	$555.00K	USD	Point-in-time
Common stock, no par value (stated at $.005 per share)	`CommonStockValue`	$531.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.94B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.54B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-106.32M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-105.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.47B	USD	Point-in-time
Shareholders' equity	`StockholdersEquity`	$4.56B	USD	Point-in-time
Shareholders' equity	`StockholdersEquity`	$3.90B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.07B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.07B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$6.97B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$7.63B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$233.05M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$285.68M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$336.92M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$332.65M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$447.75M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$336.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$959.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.01B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.88B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.03B	USD	Point-in-time
Regulatory excess deferred taxes	`CustomerRefundLiabilityNoncurrent`	$746.25M	USD	Point-in-time
Regulatory excess deferred taxes	`CustomerRefundLiabilityNoncurrent`	-	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiability`	$480.09M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiability`	$485.42M	USD	Point-in-time
Pension and postretirement liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$233.34M	USD	Point-in-time
Pension and postretirement liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$230.59M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$181.35M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$175.74M	USD	Point-in-time
Total shareholders' equity and liabilities	`LiabilitiesAndStockholdersEquity`	$11.26B	USD	Point-in-time
Total shareholders' equity and liabilities	`LiabilitiesAndStockholdersEquity`	$10.75B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Discontinued Operation, Tax Effect of Discontinued Operation	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	1 Quarter
Discontinued Operation, Tax Effect of Discontinued Operation	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$6.84M	USD	1 Quarter
Operating revenues	`RegulatedAndUnregulatedOperatingRevenue`	$889.19M	USD	1 Quarter
Operating revenues	`RegulatedAndUnregulatedOperatingRevenue`	$780.17M	USD	1 Quarter
Purchased gas cost	`CostOfNaturalGasPurchases`	$311.31M	USD	1 Quarter
Purchased gas cost	`CostOfNaturalGasPurchases`	$366.92M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$124.94M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$129.57M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$76.96M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$88.37M	USD	1 Quarter
Taxes, other than income, expense	`TaxesOther`	$57.05M	USD	1 Quarter
Taxes, other than income, expense	`TaxesOther`	$62.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$209.92M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$241.56M	USD	1 Quarter
Miscellaneous income (expense)	`OtherNonoperatingIncomeExpense`	$-994.00K	USD	1 Quarter
Miscellaneous income (expense)	`OtherNonoperatingIncomeExpense`	$-2.04M	USD	1 Quarter
Interest charges	`InterestExpense`	$31.03M	USD	1 Quarter
Interest charges	`InterestExpense`	$31.51M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$177.89M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$208.02M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$63.86M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-106.11M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$314.13M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$114.04M	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$10.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$125.03M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$314.13M	USD	1 Quarter
Income (Loss) from Continuing Operations, Per Basic and Diluted Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$2.89	USD	1 Quarter
Income (Loss) from Continuing Operations, Per Basic and Diluted Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$1.08	USD	1 Quarter
Income (Loss) from Discontinued Operation, Net of Tax, Per Basic and Diluted Share	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	-	USD	1 Quarter
Income (Loss) from Discontinued Operation, Net of Tax, Per Basic and Diluted Share	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$0.11	USD	1 Quarter
Basic and diluted net income per share	`EarningsPerShareBasicAndDiluted`	$1.19	USD	1 Quarter
Basic and diluted net income per share	`EarningsPerShareBasicAndDiluted`	$2.89	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.48	USD	1 Quarter
Cash dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.45	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	105.28M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	108.56M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$125.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$314.13M	USD	1 Quarter
Charged to depreciation and amortization	`DepreciationDepletionAndAmortization`	$77.14M	USD	1 Quarter
Charged to depreciation and amortization	`DepreciationDepletionAndAmortization`	$88.37M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$67.24M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$53.15M	USD	1 Quarter
One-Time Income Tax Benefit, TCJA	`OneTimeIncomeTaxBenefitTCJA`	$161.88M	USD	1 Quarter
One-Time Income Tax Benefit, TCJA	`OneTimeIncomeTaxBenefitTCJA`	-	USD	1 Quarter
Discontinued cash flow hedging for natural gas marketing commodity contracts	`GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet`	-	USD	1 Quarter
Discontinued cash flow hedging for natural gas marketing commodity contracts	`GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet`	$10.58M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-4.84M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-6.92M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-3.97M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-2.03M	USD	1 Quarter
Net change in operating assets and liabilities	`IncreaseDecreaseInOperatingAssets`	$129.48M	USD	1 Quarter
Net change in operating assets and liabilities	`IncreaseDecreaseInOperatingAssets`	$150.69M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$173.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$116.96M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$297.96M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$383.24M	USD	1 Quarter
Acquisition	`PaymentsToAcquireOilAndGasEquipment`	$85.71M	USD	1 Quarter
Acquisition	`PaymentsToAcquireOilAndGasEquipment`	-	USD	1 Quarter
Available-for-sale securities activities, net	`PaymentsForProceedsFromInvestments`	$10.26M	USD	1 Quarter
Available-for-sale securities activities, net	`PaymentsForProceedsFromInvestments`	$135.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-392.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-381.37M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-110.93M	USD	1 Quarter
Net increase in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$110.94M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$395.10M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$49.40M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromIssuanceOrSaleOfEquity`	$9.00M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromIssuanceOrSaleOfEquity`	$5.66M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of discount	`ProceedsFromIssuanceOfLongTermDebt`	$125.00M	USD	1 Quarter
Proceeds from issuance of long-term debt, net of discount	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Interest rate agreements cash collateral	`PaymentsforProceedsfromHedgeFinancingActivitiesCashCollateral`	-	USD	1 Quarter
Interest rate agreements cash collateral	`PaymentsforProceedsfromHedgeFinancingActivitiesCashCollateral`	$-25.67M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$51.84M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$47.74M	USD	1 Quarter
Repurchase of equity awards	`PaymentsForRepurchaseOfOtherEquity`	-	USD	1 Quarter
Repurchase of equity awards	`PaymentsForRepurchaseOfOtherEquity`	$1.52M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$272.26M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$236.47M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.91M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$28.34M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$44.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$26.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$26.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.75M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$125.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$314.13M	USD	1 Quarter
Unrealized holding gains (losses) on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-62.00K	USD	1 Quarter
Unrealized holding gains (losses) on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-476.00K	USD	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-107.00K	USD	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-828.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-955.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$96.20M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.06M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$95.37M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$220.40M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$313.07M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.