10-Q Filing

ATMOS ENERGY CORP CIK: 731802 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000731802-23-000006`
Period End Date	20221231
Filing Date	20230207
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	ato-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 44 Cash Flow Statement 46

Balance Sheet 66 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
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$20.99B	USD	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$20.24B	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	140.90M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$3.02B	USD	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$3.00B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	143.16M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	140.90M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$17.24B	USD	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$17.97B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	143.16M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.60M	USD	Point-in-time
Accounts receivable, net (See Note 5)	`AccountsReceivableNetCurrent`	$363.71M	USD	Point-in-time
Accounts receivable, net (See Note 5)	`AccountsReceivableNetCurrent`	$826.42M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$323.68M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$357.94M	USD	Point-in-time
Other current assets (See Note 8)	`OtherAssetsCurrent`	$2.27B	USD	Point-in-time
Other current assets (See Note 8)	`OtherAssetsCurrent`	$2.31B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.05B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.63B	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`	$1.17B	USD	Point-in-time
Deferred charges and other assets (See Note 8)	`OtherAssetsNoncurrent`	$1.04B	USD	Point-in-time
Total assets	`Assets`	$23.37B	USD	Point-in-time
Total assets	`Assets`	$22.19B	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, 2022 143,155,761 shares; September 30, 2022 140,896,598 shares	`CommonStockValue`	$716.00K	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, 2022 143,155,761 shares; September 30, 2022 140,896,598 shares	`CommonStockValue`	$704.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.84B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$391.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$369.11M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.38B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$9.84B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$8.29B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$7.91B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$9.42B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$6.55B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$5.76B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$16.39B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$15.18B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$496.02M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$574.72M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$720.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$755.69M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$184.97M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.20B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.53B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.60B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.00B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.08B	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$385.21M	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$345.80M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$487.63M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$494.63M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$538.30M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$530.18M	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$23.37B	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$22.19B	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`	$25.00K	USD	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-20.00K	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$6.40M	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-13.26M	USD	1 Quarter
Operating revenues	`Revenues`	$1.48B	USD	1 Quarter
Operating revenues	`Revenues`	$1.01B	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$738.25M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$371.16M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$185.02M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$159.11M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$127.86M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$146.02M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$78.80M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$93.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$275.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$321.19M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$21.19M	USD	1 Quarter
Other non-operating income	`OtherNonoperatingIncomeExpense`	$8.70M	USD	1 Quarter
Interest charges	`InterestExpense`	$19.85M	USD	1 Quarter
Interest charges	`InterestExpense`	$36.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$264.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$305.62M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$33.76M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$249.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$271.86M	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$1.86	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$1.92	USD	1 Quarter
Diluted net income per share (USD per share)	`EarningsPerShareDiluted`	$1.91	USD	1 Quarter
Diluted net income per share (USD per share)	`EarningsPerShareDiluted`	$1.86	USD	1 Quarter
Cash dividends (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.68	USD	1 Quarter
Cash dividends (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.74	USD	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	141.82M	shares	1 Quarter
Basic weighted average shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.68M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.69M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.94M	shares	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $25 and $(20)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$87.00K	USD	1 Quarter
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $25 and $(20)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-69.00K	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $6,397 and $(13,260)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$22.13M	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $6,397 and $(13,260)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-45.88M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-45.95M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.22M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$294.08M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$203.26M	USD	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$249.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$271.86M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$127.86M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$146.02M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$29.69M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.81M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$17.51M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$12.69M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$8.83M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-218.00K	USD	1 Quarter
Net change in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$241.38M	USD	1 Quarter
Net change in other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$305.53M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.82M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$684.18M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$795.66M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$-2.37M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$2.47M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.06M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.62M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-792.51M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-679.75M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-184.97M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$220.00M	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$261.94M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$3.92M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$3.78M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$797.26M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$596.14M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$90.41M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$104.55M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.39M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.86M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$723.65M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$765.21M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$120.04M	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`	$171.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.55M	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`	$116.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.55M	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`	$116.72M	USD	Point-in-time

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