Company: ATO
Filing Date: 2025-11-14
Form Type: 10-K
Source: 0000731802-25-000056
Chunk: 138

Company: ATMOS ENERGY CORP
Filing Date: 2025-11-14
Form: 10-K
Item: Item 8
Chunk 138
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30, 2025 and 2024, no gross amounts and no cash collateral were netted within our consolidated balance sheet.

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

Balance Sheet LocationAssetsLiabilities   (In thousands)September 30, 2025Not Designated As Hedges:Commodity contractsOther current assets / Other current liabilities$5,303 $(6,339)Commodity contractsDeferred charges and other assets / Deferred credits and other liabilities4,594 (146)Total9,897 (6,485)Gross / Net Financial Instruments$9,897 $(6,485) Balance Sheet LocationAssetsLiabilities   (In thousands)September 30, 2024Designated As Hedges:Interest rate contractsDeferred charges and other assets / Deferred credits and other liabilities$91,981 $— Total91,981 — Not Designated As Hedges:Commodity contractsOther current assets / Other current liabilities2,091 (7,324)Commodity contractsDeferred charges and other assets / Deferred credits and other liabilities2,216 (313)Total4,307 (7,637)Gross / Net Financial Instruments$96,288 $(7,637)Impact of Financial Instruments on the Statement of Comprehensive IncomeCash Flow Hedges As discussed above, our distribution segment has interest rate agreements, which we designate as cash flow hedges at the time the agreements were executed. The net (gain) loss on settled interest rate agreements reclassified from AOCI into interest charges on our consolidated statements of comprehensive income for the years ended September 30, 2025, 2024, and 2023 was $(20.5) million, $(12.8) million, and $(2.7) million. The following table summarizes the gains and losses arising from hedging transactions that were recognized as a component of other comprehensive income, net of taxes, for the years ended September 30, 2025 and 2024.  Fiscal Year EndedSeptember 30 20252024 (In thousands)Increase (decrease) in fair value:Interest rate agreements$24,208 $(43,430)Recognition of gains in earnings due to settlements:Interest rate agreements(14,904)(9,965)Total other comprehensive income (loss) from hedging