Thank fiscal you, in we diluted a good Yesterday, per you appreciate net Energy. Atmos your We reported us $X.XX everyone. and first of joining $XXX interest quarter share. income million, Dan, 'XX morning, and
of was million execution decrease quarter decreased in revenues and $XX in deferred our first with the in liabilities. with excess the refund ongoing tax million $XXX performance Our strategies. Consolidated reflects due primarily of a to expectations, financial operating, income our line regulatory operating first the quarter, associated
revenues deferred over to states These to reduced of the of regulators various corresponding offset will agreement recognized the in fiscal end The billed. by refunding revenues reached income 'XX, when Therefore, period. As excess income of rate the not offset year, with year periods beginning interim a of and tax in through second that tax reminder, substantially fiscal last five-year tax the is interim a end effective with the fiscal fiscal refunds in generally quarter period-over-period in may beginning throughout the at three changes year. and year. expense reduction are liabilities, begin we've our fiscal annual revenues those the
of X for liability refunds, million Slide spending, Rate million. key deferred impact operating performance summarizes quarter. over safety the our income of $XX increased the prior increases capital the these our operating $XX year reliability operating drivers Excluding driven increased both each in segments, totaled segments. by tax excess
Continued robust in customer distribution by segment growth operating $X increased our income million.
increase ended customers, by months For XX December offset a XX,XXX These represent X.X% a the $XX added in which million increase. partially O&M we consolidated expense. new increases are XX,
prior As load spending we fiscal that our partly a quarter, reflects as customer into the during late reminder, in the difference. Therefore, the evaluated period-over-period non-compliance variance period. we this timing time year deferred in
with capital maintenance Consolidated spending in distribution The increased first to primarily period-over-period $XXX by remain Line emissions. $X.X $X.X and more a in on this modernizing which than track billion expenditures spend projects increased Line million. segment, driven quarter pipeline timing. year to of close activities. The methane billion to is project reduces increased focused and APT's Phase capital We fiscal network, modernization X and X SX also million spending spending our out of spending XX% reflects $XXX increase increase system this on transmission to distribution
liabilities, the for we completed XX XX outlines To summarizes progress. over remainder $XX $X planned about outcomes, our have deferred our have $XX date, tax implemented and are we with currently financing. million of year. XX fiscal refunds We billion in filings. date, excess track in also with of on of the Slide Slide outcomes. through To regulatory million these regulatory long-term annualized filings
settled shares issuance on XX-year forward program arrangements And shares approximately sales for under million $XXX forward X.X in the million we of completion our for October, X.X ATM approximately million. $XXX $XXX executed the senior Following agreements million note we million. for
sale approximately As under have XX, net $XXX proceeds forward existing our December available we in agreements. million of
this and through As ATM of remaining we now satisfying a equity of portion needs anticipate equity result our have the program. substantial activity, needs 'XX fiscal priced a
of the activity, was financing December our Storm As of a XX. equity this $X.X result of billion excluding capitalization, as XX% Winter financing,
used the off $X.X tap due was Additionally, scheduled of million quarter of long-term to we X.XXX% term $XXX notes finished existing proceeds loan January, billion in million with through the September In The of liquidity. net completed our a of $X XX-year issuance to approximately were pay that mature April. we XXXX. debt
of which Winter further increased cost debt this weighted financial financing, strengthens decreased Storm interim our our and Following average and profile. our excluding X.XX% average weighted maturity offering the years, XX.XX
Kansas, Additional details financial profile forward completed the Slide Storm fiscal can receipt funds, as repay order Based the schedule, the order Commission anticipate continue through issued arrangements, Commission will Authority of securitization equity relief to Public associated Winter for our progress we Winter by January. Yesterday, our Railroad years. on financing unanimously the we last proceedings XX. on we customer financing $X.X we Storm billion financing will found authorizing Corporation And of the be started Texas end the quarter. Financing securitization at securitization. are XX securitization end our bonds as of well make anticipating the Uri a to exceed March. in period be issued And by transaction we late on of Texas a We costs over Upon a activities, fiscal in financing third X our the not procedural the current with to to year. securitize Kansas our currently issue rate
execution was our to closing share guidance for performance regulatory Kevin? now and of his well positions earnings solid are of XX morning. the financial fiscal you time remarks. for a and our over $X.XX to Thank Details call to plans us guidance Kevin The can be turn start this in I 'XX our found around XX. track $X.XX. your on to which year. fiscal operational, achieve quarter first per Our slides will the
