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AmeriGas Merger and Acquisitions (Tables) | 12 Months Ended
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Sep. 30, 2019
Business Combinations [Abstract] |
Components of Preliminary Purchase Price Allocation | The components of the preliminary CMG purchase price allocations are as follows:
Assets acquired: |
Cash | $ | 0.3 |
Accounts receivable | 11.3 |
Prepaid expenses and other current assets | 1.1 |
Property, plant and equipment | 613.2 |
Investment in Pennant | 88.0 |
Intangible assets (a) | 250.0 |
Total assets acquired | $ | 963.9 |
Liabilities assumed: |
Accounts payable | 3.3 |
Other noncurrent liabilities | 0.1 |
Total liabilities assumed | $ | 3.4 |
Goodwill | 323.9 |
Net consideration transferred (including preliminary working capital adjustments) | $ | 1,284.4 |
(a) | Represents customer relationships having an average amortization period of 35 years.
Total Cash Paid and Liabilities Incurred | Total cash paid and liabilities incurred in connection with these acquisitions were as follows:
|  | 2019 |  | 2018 |  | 2017
|  | UGI International |  | Midstream & Marketing |  | AmeriGas Propane |  | UGI International |  | AmeriGas Propane |  | UGI International
Total cash paid |  | $ | 49.3 |  |  | $ | 15.0 |  |  | $ | 10.1 |  |  | $ | 121.9 |  |  | $ | 36.8 |  |  | $ | 99.7 |
Liabilities incurred (a) |  | — |  |  | — |  |  | 2.7 |  |  | — |  |  | 10.8 |  |  | 20.6 |
Total purchase price |  | $ | 49.3 |  |  | $ | 15.0 |  |  | $ | 12.8 |  |  | $ | 121.9 |  |  | $ | 47.6 |  |  | $ | 120.3 |
(a) UGI International Fiscal 2017 amount includes note payable to seller. AmeriGas Propane amounts principally comprise amounts payable under noncompete agreements.

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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