10-Q Filing

ATMOS ENERGY CORP CIK: 731802 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000731802-22-000008`
Period End Date	20211231
Filing Date	20220208
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	ato-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 44 Cash Flow Statement 44

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock stated value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock stated value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$18.57B	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$17.89B	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.82B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	135.43M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$2.85B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	132.42M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$15.06B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	135.43M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	132.42M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$15.73B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$264.00M	USD	Point-in-time
Accounts receivable, net (See Note 5)	`AccountsReceivableNetCurrent`	$514.33M	USD	Point-in-time
Accounts receivable, net (See Note 5)	`AccountsReceivableNetCurrent`	$342.97M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$178.12M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$220.28M	USD	Point-in-time
Other current assets (See Note 8)	`OtherAssetsCurrent`	$2.28B	USD	Point-in-time
Other current assets (See Note 8)	`OtherAssetsCurrent`	$2.20B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.84B	USD	Point-in-time
Goodwill	`Goodwill`	$731.26M	USD	Point-in-time
Goodwill	`Goodwill`	$731.26M	USD	Point-in-time
Deferred charges and other assets (See Note 8)	`OtherAssetsNoncurrent`	$974.72M	USD	Point-in-time
Deferred charges and other assets (See Note 8)	`OtherAssetsNoncurrent`	$813.53M	USD	Point-in-time
Total assets	`Assets`	$20.55B	USD	Point-in-time
Total assets	`Assets`	$19.61B	USD	Point-in-time
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: December 31, 2021 135,425,081 shares; September 30, 2021 132,419,754 shares	`CommonStockValue`	$662.00K	USD	Point-in-time
Common stock, no par value (stated at $0.005 per share); 200,000,000 shares authorized; issued and outstanding: December 31, 2021 135,425,081 shares; September 30, 2021 132,419,754 shares	`CommonStockValue`	$677.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.29B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.02B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$69.80M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.97B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$6.79B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$7.21B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$8.29B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$7.91B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$5.56B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$4.93B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$12.84B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$13.84B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$423.22M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$398.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$626.68M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$686.68M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.40B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.40B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.43B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.51B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.71B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.74B	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$549.23M	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$508.73M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$468.69M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$474.69M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$546.50M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$537.49M	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$19.61B	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$20.55B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net unrealized holding gains (losses) on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-20.00K	USD	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-18.00K	USD	1 Quarter
Amortization and unrealized gain (loss) on interest rate agreements, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$17.39M	USD	1 Quarter
Amortization and unrealized gain (loss) on interest rate agreements, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-13.26M	USD	1 Quarter
Operating revenues	`Revenues`	$1.01B	USD	1 Quarter
Operating revenues	`Revenues`	$914.48M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$288.26M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$371.16M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$159.11M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$138.64M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$127.86M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$115.28M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$73.45M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$78.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$298.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$275.86M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$6.07M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$8.70M	USD	1 Quarter
Interest charges	`InterestExpense`	$22.01M	USD	1 Quarter
Interest charges	`InterestExpense`	$19.85M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$264.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$282.90M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$65.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$217.68M	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$1.71	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Diluted net income per share (USD per share)	`EarningsPerShareDiluted`	$1.71	USD	1 Quarter
Diluted net income per share (USD per share)	`EarningsPerShareDiluted`	$1.86	USD	1 Quarter
Cash dividends per share (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.68	USD	1 Quarter
Cash dividends per share (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.62	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.68M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.03M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.69M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	127.03M	shares	1 Quarter
Net unrealized holding losses on available-for-sale securities, net of tax of $20 and $18	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-69.00K	USD	1 Quarter
Net unrealized holding losses on available-for-sale securities, net of tax of $20 and $18	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-63.00K	USD	1 Quarter
Amortization and unrealized gain (loss) on interest rate agreements, net of tax of $(13,260) and $17,395	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-45.88M	USD	1 Quarter
Amortization and unrealized gain (loss) on interest rate agreements, net of tax of $(13,260) and $17,395	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$60.18M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-45.95M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$60.12M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$203.26M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$277.80M	USD	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$217.68M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$115.28M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$127.86M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$64.59M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.81M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$2.98M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$12.69M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$816.00K	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$8.83M	USD	1 Quarter
Net change in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$305.53M	USD	1 Quarter
Net change in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$236.69M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.82M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$157.07M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$684.18M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$456.81M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$-2.37M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$-511.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.06M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.71M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-679.75M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-453.59M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$216.00M	USD	1 Quarter
Net proceeds from equity offering	`ProceedsFromIssuanceOfCommonStock`	$261.94M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$4.01M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$3.92M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$596.14M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$597.39M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$79.02M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$90.41M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.06M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.39M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$733.31M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$765.21M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$436.79M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$147.28M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$116.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$457.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$116.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$264.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$457.60M	USD	Point-in-time

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