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Goodwill and Intangible Assets
12 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Note 11 — Goodwill and Intangible Assets
Changes in the carrying amount of goodwill by reportable segment are as follows:
 
 
 
 
 
 
 
UGI International
 
 
 
AmeriGas
Propane
 
UGI Utilities
 
Energy Services (a)
 
UGI France
 
Flaga & Other
 
Total
Balance September 30, 2014
$
1,945.1

 
$
182.1

 
$
12.6

 
$
601.2

 
$
92.4

 
$
2,833.4

Acquisitions
10.9

 

 

 
186.2

 
2.9

 
200.0

Dispositions

 

 
(1.0
)
 

 

 
(1.0
)
Foreign currency translation

 

 

 
(66.0
)
 
(13.0
)
 
(79.0
)
Balance September 30, 2015
1,956.0

 
182.1

 
11.6

 
721.4

 
82.3

 
2,953.4

Acquisitions
24.2

 

 

 

 
16.9

 
41.1

Dispositions

 

 

 

 
(1.6
)
 
(1.6
)
Purchase price adjustments
(1.9
)
 

 

 
(2.4
)
 
(0.2
)
 
(4.5
)
Foreign currency translation

 

 

 
4.2

 
(3.6
)
 
0.6

Balance September 30, 2016
$
1,978.3

 
$
182.1

 
$
11.6

 
$
723.2

 
$
93.8

 
$
2,989.0


(a)
Prior year amounts were restated to reflect the current-year changes in the presentation of our Energy Services reportable segment (see Note 21).

Intangible assets comprise the following at September 30:
 
2016
 
2015
Customer relationships, noncompete agreements and other
$
773.5

 
$
761.1

Trademarks and tradenames (not subject to amortization)
131.6

 
131.4

Gross carrying amount
905.1

 
892.5

Accumulated amortization
(324.8
)
 
(282.4
)
Intangible assets, net
$
580.3

 
$
610.1



Amortization expense of intangible assets was $54.3, $52.0 and $48.2 for Fiscal 2016, Fiscal 2015 and Fiscal 2014, respectively. Estimated amortization expense of intangible assets during the next five fiscal years is as follows: Fiscal 2017$48.6; Fiscal 2018$47.1; Fiscal 2019$45.4; Fiscal 2020$44.1; Fiscal 2021$42.2.