Company: ATO
Filing Date: 2025-11-14
Form Type: 10-K
Source: 0000731802-25-000056
Chunk: 119

Company: ATMOS ENERGY CORP
Filing Date: 2025-11-14
Form: 10-K
Item: Item 8
Chunk 119
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558 Limited partnerships (1)24,843 Total investments$619,429  Assets at Fair Value as of September 30, 2024 Level 1Level 2Level 3Total (In thousands)Investments:Common stocks$289,301 $— $— $289,301 Money market funds— 14,542 — 14,542 Registered investment companies90,086 — — 90,086 Government securities:Mortgage-backed securities— 24,383 — 24,383 U.S. treasuries9,398 27 — 9,425 Corporate bonds— 31,986 — 31,986 Total investments measured at fair value$388,785 $70,938 $— 459,723 Investments measured at net asset value:Common/collective trusts (1)111,103 Limited partnerships (1)23,665 Total investments$594,491 (1)    The fair value of our common/collective trusts and limited partnerships are measured using the net asset value per share practical expedient. There are no redemption restrictions, redemption notice periods, or unfunded commitments for these investments. The redemption frequency is daily.Supplemental Executive Retirement PlansWe have three nonqualified supplemental plans (the Supplemental Plans) which provide additional pension, disability, and death benefits to our officers and certain other employees of the Company.

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Table of ContentsATMOS ENERGY CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The Supplemental Executive Benefits Plan (SEBP) covers our corporate officers and certain other employees of the Company who were employed on or before August 12, 1998. The SEBP is a defined benefit arrangement which provides a benefit equal to 75 percent of covered compensation under which benefits paid from the underlying qualified defined benefit plan are an offset to the benefits under the SEBP.In August 1998, we adopted the Supplemental Executive Retirement Plan (SERP) (formerly known as the Performance-Based Supplemental Executive Benefits Plan), which covers all corporate officers selected to participate in the plan between August 12, 1998 and August 5, 2009. The SERP is a defined benefit arrangement which provides a benefit equal to 60 percent of covered compensation under which benefits paid from the underlying qualified defined benefit plan are an offset to the benefits under the SERP.Effective August 5, 200