10-Q Filing

ATMOS ENERGY CORP CIK: 731802 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000731802-24-000006`
Period End Date	20231231
Filing Date	20240206
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ato-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 44 Cash Flow Statement 46

Balance Sheet 78 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`	$23.68B	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentPlantInService`	$22.90B	USD	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$3.36B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	150.83M	shares	Point-in-time
Less accumulated depreciation and amortization	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$3.29B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	148.49M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$19.61B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	148.49M	shares	Point-in-time
Net property, plant and equipment	`PublicUtilitiesPropertyPlantAndEquipmentNet`	$20.32B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	150.83M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$278.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.40M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$7.13M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$3.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.44M	USD	Point-in-time
Accounts receivable, net (See Note 6)	`AccountsReceivableNetCurrent`	$646.40M	USD	Point-in-time
Accounts receivable, net (See Note 6)	`AccountsReceivableNetCurrent`	$328.65M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$245.83M	USD	Point-in-time
Gas stored underground	`EnergyRelatedInventoryGasStoredUnderground`	$220.94M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$292.04M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$526.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$885.77M	USD	Point-in-time
Securitized intangible asset, net (See Note 9)	`FiniteLivedIntangibleAssetsNet`	$90.04M	USD	Point-in-time
Securitized intangible asset, net (See Note 9)	`FiniteLivedIntangibleAssetsNet`	$92.20M	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	`OtherAssetsNoncurrent`	$863.75M	USD	Point-in-time
Deferred charges and other assets	`OtherAssetsNoncurrent`	$1.20B	USD	Point-in-time
Total assets	`Assets`	$23.68B	USD	Point-in-time
Total assets	`Assets`	$22.52B	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, 2023 150,834,397 shares; September 30, 2023 148,492,783 shares	`CommonStockValue`	$754.00K	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, 2023 150,834,397 shares; September 30, 2023 148,492,783 shares	`CommonStockValue`	$742.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$6.95B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$468.59M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$518.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.86B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.67B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$11.27B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$10.87B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$9.42B	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$9.84B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$7.44B	USD	Point-in-time
Long-term debt, net	`LongTermDebtAndCapitalLeaseObligations`	$6.55B	USD	Point-in-time
Securitized long-term debt (See Note 9)	`SecuritizedLongTermDebtExcludingCurrentMaturities`	$85.08M	USD	Point-in-time
Securitized long-term debt (See Note 9)	`SecuritizedLongTermDebtExcludingCurrentMaturities`	$85.08M	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$18.80B	USD	Point-in-time
Total capitalization	`CapitalizationLongtermDebtAndEquity`	$17.51B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$336.08M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$416.69M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$742.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$763.09M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$241.93M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.57M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.56M	USD	Point-in-time
Current maturities of securitized long-term debt (See Note 9)	`SecuritizedLongTermDebtCurrentMaturities`	$9.92M	USD	Point-in-time
Current maturities of securitized long-term debt (See Note 9)	`SecuritizedLongTermDebtCurrentMaturities`	$9.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.35B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.17B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.30B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.38B	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$253.21M	USD	Point-in-time
Regulatory excess deferred taxes	`ChangeinTaxRateDeferredTaxLiability`	$231.98M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$498.13M	USD	Point-in-time
Regulatory cost of removal obligation	`RegulatoryCostOfRemovalLiabilityNoncurrent`	$497.02M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$599.90M	USD	Point-in-time
Deferred credits and other liabilities	`OtherLiabilitiesNoncurrent`	$601.74M	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$22.52B	USD	Point-in-time
Total capitalization and liabilities	`LiabilitiesAndStockholdersEquity`	$23.68B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net unrealized holding gains on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$86.00K	USD	1 Quarter
Net unrealized holding gains on available-for-sale securities, tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$25.00K	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`	$-14.52M	USD	1 Quarter
Operating revenues	`Revenues`	$1.48B	USD	1 Quarter
Operating revenues	`Revenues`	$1.16B	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$738.25M	USD	1 Quarter
Purchased gas cost	`CostOfRevenue`	$338.87M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$185.02M	USD	1 Quarter
Operation and maintenance expense	`OtherSellingGeneralAndAdministrativeExpense`	$166.34M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$146.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$164.61M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$93.54M	USD	1 Quarter
Taxes, other than income	`TaxesOther`	$89.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$399.11M	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`	$17.89M	USD	1 Quarter
Interest charges	`InterestExpense`	$36.76M	USD	1 Quarter
Interest charges	`InterestExpense`	$51.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$305.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$365.12M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$33.76M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$53.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$271.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$311.29M	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$1.92	USD	1 Quarter
Basic net income per share (USD per share)	`EarningsPerShareBasic`	$2.08	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`	$2.08	USD	1 Quarter
Cash dividends per share (USD per share)	`CommonStockDividendsPerShareCashPaid`	$0.81	USD	1 Quarter
Cash dividends per share (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`	149.80M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	141.94M	shares	1 Quarter
Diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	149.80M	shares	1 Quarter
Net unrealized holding gains on available-for-sale securities, net of tax of $86 and $25	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$87.00K	USD	1 Quarter
Net unrealized holding gains on available-for-sale securities, net of tax of $86 and $25	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$296.00K	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $(14,519) and $6,397	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-50.23M	USD	1 Quarter
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $(14,519) and $6,397	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$22.13M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$22.22M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-49.94M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$261.36M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$294.08M	USD	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$271.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$311.29M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$146.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$164.61M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$29.69M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$44.11M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$17.51M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$16.84M	USD	1 Quarter
Net assets / liabilities from risk management activities	`IncreaseDecreaseInCommodityContractAssetsAndLiabilities`	$-5.59M	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`	$263.48M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$245.28M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$795.66M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$769.65M	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$78.00K	USD	1 Quarter
Debt and equity securities activities, net	`PaymentsForProceedsFromInvestments`	$2.47M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.35M	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`	$-764.38M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-184.97M	USD	1 Quarter
Net decrease in short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-241.93M	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$254.02M	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$220.00M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$3.78M	USD	1 Quarter
Issuance of common stock through stock purchase and employee retirement plans	`ProceedsFromStockPlans`	$3.75M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$797.26M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$898.27M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$104.55M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$119.90M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.92M	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`	$785.29M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$266.20M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$120.04M	USD	1 Quarter
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.44M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.60M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.25M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$285.44M	USD	Point-in-time

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