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Segment Information (Tables) | 3 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information |
Three Months Ended December 31, 2017 |  | Total |  | Eliminations |  | AmeriGas Propane |  | UGI International |  | Midstream & Marketing |  | UGI Utilities |  | Corporate & Other (b)
Revenues |  | $ | 2,125.2 |  |  | $ | — |  |  | $ | 787.3 |  |  | $ | 784.2 |  |  | $ | 249.8 |  |  | $ | 305.4 |  |  | $ | (1.5 | )
Intersegment revenues |  | $ | — |  |  | $ | (97.1 | ) | (c) | $ | — |  |  | $ | — |  |  | $ | 78.2 |  |  | $ | 17.7 |  |  | $ | 1.2 |
Cost of sales |  | $ | 1,137.4 |  |  | $ | (96.0 | ) | (c) | $ | 366.1 |  |  | $ | 484.8 |  |  | $ | 239.0 |  |  | $ | 151.8 |  |  | $ | (8.3 | )
Segment profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating income |  | $ | 391.8 |  |  | $ | 0.2 |  |  | $ | 147.9 |  |  | $ | 93.1 |  |  | $ | 52.3 |  |  | $ | 96.3 |  |  | $ | 2.0 |
Income (loss) from equity investees |  | 1.0 |  |  | — |  |  | — |  |  | (0.2 | ) |  | 1.2 |  | (d) | — |  |  | — |
Losses on foreign currency contracts, net |  | (4.8 | ) |  | — |  |  | — |  |  | (4.7 | ) |  | — |  |  | — |  |  | (0.1 | )
Interest expense |  | (58.2 | ) |  | — |  |  | (40.6 | ) |  | (5.6 | ) |  | (0.9 | ) |  | (10.9 | ) |  | (0.2 | )
Income before income taxes |  | $ | 329.8 |  |  | $ | 0.2 |  |  | $ | 107.3 |  |  | $ | 82.6 |  |  | $ | 52.6 |  |  | $ | 85.4 |  |  | $ | 1.7 |
Partnership Adjusted EBITDA (a) |  |  |  |  |  | $ | 194.1 |  |  |  |  |  |  |  |  |
Noncontrolling interests’ net income (loss) |  | $ | 68.3 |  |  | $ | — |  |  | $ | 68.0 |  |  | $ | (0.3 | ) |  | $ | — |  |  | $ | — |  |  | $ | 0.6 |
Depreciation and amortization |  | $ | 110.3 |  |  | $ | — |  |  | $ | 47.4 |  |  | $ | 32.2 |  |  | $ | 10.1 |  |  | $ | 20.4 |  |  | $ | 0.2 |
Capital expenditures (including the effects of accruals) |  | $ | 128.5 |  |  | $ | — |  |  | $ | 23.6 |  |  | $ | 21.7 |  |  | $ | 11.3 |  |  | $ | 71.7 |  |  | $ | 0.2 |
As of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 12,343.9 |  |  | $ | (62.6 | ) |  | $ | 4,206.2 |  |  | $ | 3,450.1 |  |  | $ | 1,325.1 |  |  | $ | 3,174.7 |  |  | $ | 250.4 |
Short-term borrowings |  | $ | 586.1 |  |  | $ | — |  |  | $ | 263.5 |  |  | $ | 41.1 |  |  | $ | 100.0 |  |  | $ | 181.5 |  |  | $ | — |
Goodwill |  | $ | 3,185.5 |  |  | $ | — |  |  | $ | 2,001.3 |  |  | $ | 990.6 |  |  | $ | 11.5 |  |  | $ | 182.1 |  |  | $ | — |
Three Months Ended December 31, 2016 |  | Total |  | Eliminations |  | AmeriGas Propane |  | UGI International |  | Midstream & Marketing |  | UGI Utilities |  | Corporate & Other (b)
Revenues |  | $ | 1,679.5 |  |  | $ | — |  |  | $ | 677.2 |  |  | $ | 539.1 |  |  | $ | 209.6 |  |  | $ | 253.9 |  |  | $ | (0.3 | )
Intersegment revenues |  | $ | — |  |  | $ | (68.5 | ) | (c) | $ | — |  |  | $ | — |  |  | $ | 60.2 |  |  | $ | 7.5 |  |  | $ | 0.8 |
Cost of sales |  | $ | 647.4 |  |  | $ | (67.7 | ) | (c) | $ | 260.7 |  |  | $ | 258.0 |  |  | $ | 191.8 |  |  | $ | 109.5 |  |  | $ | (104.9 | )
Segment profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating income |  | $ | 466.2 |  |  | $ | 0.1 |  |  | $ | 141.9 |  |  | $ | 88.9 |  |  | $ | 49.7 |  |  | $ | 82.2 |  |  | $ | 103.4 |
Loss from equity investees |  | (0.2 | ) |  | — |  |  | — |  |  | (0.2 | ) |  | — |  |  | — |  |  | — |
Gains on foreign currency contracts, net |  | 1.3 |  |  | — |  |  | — |  |  | 0.1 |  |  | — |  |  | — |  |  | 1.2 |
Loss on extinguishments of debt |  | (33.2 | ) |  | — |  |  | (33.2 | ) |  | — |  |  | — |  |  | — |  |  | — |
Interest expense |  | (55.4 | ) |  | — |  |  | (40.0 | ) |  | (4.8 | ) |  | (0.6 | ) |  | (10.0 | ) |  | — |
Income before income taxes |  | $ | 378.7 |  |  | $ | 0.1 |  |  | $ | 68.7 |  |  | $ | 84.0 |  |  | $ | 49.1 |  |  | $ | 72.2 |  |  | $ | 104.6 |
Partnership Adjusted EBITDA (a) |  |  |  |  |  | $ | 185.1 |  |  |  |  |  |  |  |  |
Noncontrolling interests’ net income |  | $ | 60.2 |  |  | $ | — |  |  | $ | 41.2 |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 18.8 |
Depreciation and amortization |  | $ | 98.1 |  |  | $ | — |  |  | $ | 44.6 |  |  | $ | 27.9 |  |  | $ | 8.0 |  |  | $ | 17.4 |  |  | $ | 0.2 |
Capital expenditures (including the effects of accruals) |  | $ | 173.6 |  |  | $ | — |  |  | $ | 26.4 |  |  | $ | 21.5 |  |  | $ | 61.5 |  |  | $ | 64.1 |  |  | $ | 0.1 |
As of December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | $ | 11,300.5 |  |  | $ | (107.9 | ) |  | $ | 4,217.9 |  |  | $ | 2,853.4 |  |  | $ | 1,178.4 |  |  | $ | 2,898.5 |  |  | $ | 260.2 |
Short-term borrowings |  | $ | 234.4 |  |  | $ | — |  |  | $ | 77.5 |  |  | $ | 3.5 |  |  | $ | 55.0 |  |  | $ | 98.4 |  |  | $ | — |
Goodwill |  | $ | 2,935.8 |  |  | $ | — |  |  | $ | 1,978.5 |  |  | $ | 763.7 |  |  | $ | 11.5 |  |  | $ | 182.1 |  |  | $ | — |
(a)The following table provides a reconciliation of Partnership Adjusted EBITDA to AmeriGas Propane income before income taxes:
|  |  | Three Months Ended December 31,
|  |  | 2017 |  | 2016
Partnership Adjusted EBITDA |  |  | $ | 194.1 |  |  | $ | 185.1 |
Depreciation and amortization |  |  | (47.4 | ) |  | (44.6 | )
Interest expense |  |  | (40.6 | ) |  | (40.0 | )
Loss on extinguishments of debt |  |  | — |  |  | (33.2 | )
Noncontrolling interest (i) |  |  | 1.2 |  |  | 1.4 |
Income before income taxes |  |  | $ | 107.3 |  |  | $ | 68.7 |
(i) | Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.
(b) | Includes net pre-tax gains on commodity and certain foreign currency derivative instruments not associated with current-period transactions (including such amounts attributable to noncontrolling interests) totaling $6.6 and $105.5 during the three months ended December 31, 2017 and 2016, respectively.
(c) | Represents the elimination of intersegment transactions principally among Midstream & Marketing, UGI Utilities and AmeriGas Propane.
(d) | Represents allowance for funds used during construction (“AFUDC”) associated with our PennEast Pipeline equity investment.
Reconciliation of Adjusted EBITDA to (Loss) Income Before Income Taxes | The following table provides a reconciliation of Partnership Adjusted EBITDA to AmeriGas Propane income before income taxes:
|  |  | Three Months Ended December 31,
|  |  | 2017 |  | 2016
Partnership Adjusted EBITDA |  |  | $ | 194.1 |  |  | $ | 185.1 |
Depreciation and amortization |  |  | (47.4 | ) |  | (44.6 | )
Interest expense |  |  | (40.6 | ) |  | (40.0 | )
Loss on extinguishments of debt |  |  | — |  |  | (33.2 | )
Noncontrolling interest (i) |  |  | 1.2 |  |  | 1.4 |
Income before income taxes |  |  | $ | 107.3 |  |  | $ | 68.7 |
(i) | Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.

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