XML 35 R19.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Sep. 30, 2018
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:
| AmeriGas Propane |  | UGI International |  | Midstream & Marketing |  | UGI Utilities |  | Total
Balance September 30, 2016 | $ | 1,978.3 |  |  | $ | 817.0 |  |  | $ | 11.6 |  |  | $ | 182.1 |  |  | $ | 2,989.0 |
Acquisitions | 23.0 |  |  | 55.5 |  |  | — |  |  | — |  |  | 78.5 |
Purchase accounting adjustments | — |  |  | (1.7 | ) |  | — |  |  | — |  |  | (1.7 | )
Foreign currency translation | — |  |  | 41.4 |  |  | — |  |  | — |  |  | 41.4 |
Balance September 30, 2017 | 2,001.3 |  |  | 912.2 |  |  | 11.6 |  |  | 182.1 |  |  | 3,107.2 |
Acquisitions | 4.5 |  |  | 54.9 |  |  | — |  |  | — |  |  | 59.4 |
Dispositions | (2.8 | ) |  | — |  |  | — |  |  | — |  |  | (2.8 | )
Purchase accounting adjustments | — |  |  | 13.6 |  |  | — |  |  | — |  |  | 13.6 |
Foreign currency translation | — |  |  | (17.0 | ) |  | — |  |  | — |  |  | (17.0 | )
Balance September 30, 2018 | $ | 2,003.0 |  |  | $ | 963.7 |  |  | $ | 11.6 |  |  | $ | 182.1 |  |  | $ | 3,160.4 |
Intangible assets comprise the following at September 30:
| 2018 |  | 2017
Customer relationships, noncompete agreements and other (subject to amortization) | $ | 848.6 |  |  | $ | 817.8 |
Trademarks and tradenames (subject to amortization) | 7.9 |  |  | — |
Trademarks and tradenames (not subject to amortization) | 50.3 |  |  | 134.1 |
Gross carrying amount | 906.8 |  |  | 951.9 |
Accumulated amortization | (393.2 | ) |  | (340.2 | )
Intangible assets, net | $ | 513.6 |  |  | $ | 611.7 |
Amortization expense of intangible assets was $58.6, $50.8 and $54.3 for Fiscal 2018, Fiscal 2017 and Fiscal 2016, respectively. Estimated amortization expense of intangible assets during the next five fiscal years is as follows: Fiscal 2019 — $57.2; Fiscal 2020 — $55.8; Fiscal 2021 — $52.5; Fiscal 2022 — $49.5; Fiscal 2023 — $48.0. In April 2018, a plan to discontinue the use of certain indefinite-lived tradenames and trademarks, primarily associated with its January 2012 acquisition of Heritage Propane, was presented to the Partnership’s senior management. After considering the merits of the plan, the Partnership’s senior management approved a plan to discontinue the use of these tradenames and trademarks over a period of approximately three years. As a result, during the third quarter of Fiscal 2018, the Partnership determined that these tradenames and trademarks no longer had indefinite lives and adjusted the carrying amounts of these tradenames and trademarks to their estimated fair values of approximately $7.9. During the third quarter of Fiscal 2018, the Partnership recorded a non-cash, pre-tax impairment charge of $75.0 which amount is reflected in “Impairment of Partnership tradenames and trademarks” on the Consolidated Statements of Income, and is amortizing the remaining fair value of these tradenames and trademarks of $7.9 over their estimated period of benefit of three years. See Note 16 for further information on the determination of fair values for the affected tradenames and trademarks.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration