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to and full add $XX gas for represents this of substantial for quarter were the noncash Colorado XX.X% noncontrolling operations X%. and to The our year I'll XX% our loss moment the effective to adjusting and shown. would've million year. over to items, full IPP approximately After segment periods factors. our continuing $XXX million XXXX. by discontinued take in million from the oil in The million interest operations benefit in in in income is third tax our around rate the XX% and $XX color XXXX fourth includes operations the count. from XXXX, plant in impairments tax grew a due you or to XX% been for from X.X a shares share reflective party all approximately XXXX discontinued quarter in tax special increased sold EBITDA million adjusted XXXX. the If expense further Diluted we May for to as outstanding X increased $XXX by provide XXXX interest
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nearly XXXX the $XX of nearly XXXX, full attributed an XX. the $XX Slide full depreciation SourceGas. margin were our of gross to saw all as and comparing operating XXXX, increase property to were Utilities income year fairly compared million flat The this of The fourth year in increases Gas million taxes. quarter increased to Utilities Gas margins by with Moving these and addition results increased in to for year offset nearly at
mid-February As acquisition I XXXX picked in that and noted months up to XXXX. we closed extra that earlier, X.X compared
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its at weather to talk Utilities and compared both when I'll financial about and Next, impacts Gas Electric normal.
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$X.X For to cost million offset the more by move timing major cost pricing on with and was quarter, favorable in higher, overburden from maintenance. revenue increased XX% XXXX increased
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address First, tax of I'll impact XXXX the reform.
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tax million a to completely, as noncash the of XXXX but we largely, nonutility by to Relating as tax reduced tax reform revaluation. debt expense offset recognized earnings. also minimally, XXXX, our $XX be on tax expect reduced will impact result holding to tax benefit company reduction deferred the We on a not earnings the expense
to end, -- year our tax will At This of capitalization. interest XX benefit a collection utility expense with planned perspective, utility cash to expect company our $XX XXX end our $XX matters purchase later. regulatory customers is interest approach negatively to million down was annually, XX.X%. flow to our We expense, the to from by Dave our the revenue points tax as year on debt-to-cap be From XXXX. lower address holding net shows associated from cash debt maintain our basis properties. million of reform Slide impacted flows reform. a from we expect including due deductibility ratio
our structure. be expenditures we well debt-to-cap capital capital units net tax the shares strengthen our At-the-Market balance of we're spending dividends, or the quarter issue finance ratio shape equity equity until capital our expenditures the capital XXXX, flows did do to We future significant of a debt At-the-Market relative will unit accessed foreseeable internally our fund By year pressure of in XXXX, to maturities. executed debt to our this debt issue assumed time program. but demonstrates third half under second offering SourceGas will cash In the year, additional our to fund any in from successfully at currently to mandatory as Our the event the debt expect largely and other $XXX term XX sheet we markets expect future. Despite XX%. and the keeping equity the available effects generated some XXXX, million dividends refinance planned. that the any maturities. good not for reform, not And reflected currently to which the not our to program on end of securities planned we conditions help fund we convert are in XXXX, In quarter beneficial we of Slide when need debt financings upcoming first in acquisition out through we acquisition. through were the we're to upcoming
We XXXX, program also borrowing commercial to costs. QX which successfully minimize in implemented paper short-term a helped our
rating We second our the be credit this Slide year, outlook to rating associated the mandatory will opportunities in will see we unit for each evaluating remarket and the additional can XXXX half XX, maturities On out upcoming term need current our convertibles maturities. the with refinance and debt you of agencies. from and/or to
our in expected tax reform. investment-grade future ratings, decreases credit We result considering current to even metrics when to are committed cash those flows our and ratings forward from forecasted credit solid got maintaining
track Slide reform. $X.XX, in shareholder on both press assumptions illustrates XX. tax end the and per top and The assumptions on to The are this guidance value. Moving guidance listed are impact for We range Slide the primary increasing XXXX XXXX the of Slide to for change record the earnings XX. XX bottom to creating our rate range $X.XX by and $X.XX release interest share. short-term revised drivers of our
that on on We and long-term are value Dave focused in more strategic creation, now his will Dave? touch overview.
