Company: ATO
Filing Date: 2025-11-14
Form Type: 10-K
Source: 0000731802-25-000056
Chunk: 111

Company: ATMOS ENERGY CORP
Filing Date: 2025-11-14
Form: 10-K
Item: Item 8
Chunk 111
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 the components of our accumulated other comprehensive income (loss) balances, net of the related tax effects allocated to each component of other comprehensive income (loss).Available-for-SaleSecuritiesInterest RateAgreementCash FlowHedgesTotal (In thousands)September 30, 2024$213 $465,502 $465,715 Other comprehensive income (loss) before reclassifications(4)24,208 24,204 Amounts reclassified from accumulated other comprehensive income— (14,904)(14,904)Net current-period other comprehensive income (loss)(4)9,304 9,300 September 30, 2025$209 $474,806 $475,015 

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

 Available-for-SaleSecuritiesInterest RateAgreementCash FlowHedgesTotal (In thousands)September 30, 2023$(369)$518,897 $518,528 Other comprehensive income (loss) before reclassifications582 (43,430)(42,848)Amounts reclassified from accumulated other comprehensive income— (9,965)(9,965)Net current-period other comprehensive income (loss)582 (53,395)(52,813)September 30, 2024$213 $465,502 $465,715 

10.    Securitization

KansasIn 2021, the Kansas State Legislature enacted securitization legislation, which permitted a natural gas public utility, in its sole discretion, to apply to the Kansas Corporation Commission (KCC) for a financing order for the recovery of qualified extraordinary costs through the issuance of bonds. In September 2021, we filed with the KCC an application to securitize extraordinary gas costs incurred during Winter Storm Uri, which was approved in October 2022.Atmos Energy Kansas Securitization I, LLC (AEK), a special-purpose entity wholly owned by Atmos Energy, was formed for the purpose of issuing securitized bonds to recover extraordinary costs incurred during Winter Storm Uri. In June 2023, AEK completed a public offering of $95 million of 5.155% Series 2023-A Senior Secured Securitized Utility Tariff Bonds with a term of 10 years and semi-annual payments of principal and interest. The net proceeds from the offering, after the underwriting discount