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Revenue from Contracts with Customers
9 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customers
Note 4 — Revenue from Contracts with Customers

The Company recognizes revenue when control of promised goods or services is transferred to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. See Note 4 in the Company’s 2020 Annual Report for additional information on our revenues from contracts with customers.

Revenue Disaggregation

The following tables present our disaggregated revenues by reportable segment:
Three Months Ended June 30, 2021 Total  Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$90 $— $— $— $— $90 $— 
Commercial & Industrial34 — — — — 34 — 
Large delivery service33 — — — — 33 — 
Off-system sales and capacity releases(10)— — — 16 — 
Other— — — — — 
Total Utility168 (10)— — — 178 — 
Non-Utility:
LPG:
Retail800 — 424 376 — — — 
Wholesale77 — 35 42 — — — 
Energy Marketing311 (24)— 129 206 — — 
Midstream:
Pipeline45 — — — 45 — — 
Peaking(5)— — — — 
Other— — — — — 
Electricity Generation— — — — — 
Other69 — 51 18 — — — 
Total Non-Utility1,306 (29)510 565 260 — — 
Total revenues from contracts with customers1,474 (39)510 565 260 178 — 
Other revenues (b)22 (1)16 (4)
Total revenues $1,496 $(40)$526 $572 $261 $181 $(4)
Three Months Ended June 30, 2020 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$103 $— $— $— $— $103 $— 
Commercial & Industrial30 — — — — 30 — 
Large delivery service30 — — — — 30 — 
Off-system sales and capacity releases(7)— — — 12 — 
Other — — — — — 
Total Utility171 (7)— — — 178 — 
Non-Utility:
LPG:
Retail622 — 372 250 — — — 
Wholesale32 — 10 22 — — — 
Energy Marketing223 (16)— 81 158 — — 
Midstream:
Pipeline40 — — — 40 — — 
Peaking(1)(4)— — — — 
Other— — — — — 
Electricity Generation— — — — — 
Other75 — 53 13 — — 
Total Non-Utility1,000 (20)435 366 219 — — 
Total revenues from contracts with customers1,171 (27)435 366 219 178 — 
Other revenues (b)28 (1)16 
Total revenues$1,199 $(28)$451 $371 $222 $179 $
Nine Months Ended June 30, 2021 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$498 $— $— $— $— $498 $— 
Commercial & Industrial190 — — — — 190 — 
Large delivery service117 — — — — 117 — 
Off-system sales and capacity releases43 (49)— — — 92 — 
Other16 (1)— — — 17 — 
Total Utility864 (50)— — — 914 — 
Non-Utility:
LPG:
Retail3,250 — 1,829 1,421 — — — 
Wholesale235 — 92 143 — — — 
Energy Marketing1,205 (89)— 470 824 — — 
Midstream:
Pipeline138 — — — 138 — — 
Peaking12 (94)— — 106 — — 
Other— — — — — 
Electricity Generation— — — — — 
Other211 — 161 50 — — — 
Total Non-Utility5,065 (183)2,082 2,084 1,082 — — 
Total revenues from contracts with customers5,929 (233)2,082 2,084 1,082 914 — 
Other revenues (b)80 (3)50 22 (2)
Total revenues$6,009 $(236)$2,132 $2,106 $1,086 $923 $(2)
Nine Months Ended June 30, 2020 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$499 $— $— $— $— $499 $— 
Commercial & Industrial193 — — — — 193 — 
Large delivery service113 — — — — 113 — 
Off-system sales and capacity releases44 (37)— — — 81 — 
Other12 (1)— — — 13 — 
Total Utility861 (38)— — — 899 — 
Non-Utility:
LPG:
Retail2,911 — 1,715 1,196 — — — 
Wholesale172 — 51 121 — — — 
Energy Marketing1,005 (64)— 349 720 — — 
Midstream:
Pipeline128 — — — 128 — — 
Peaking(96)— — 102 — — 
Other— — — — — 
Electricity Generation23 — — — 23 — — 
Other237 (2)168 43 28 — — 
Total Non-Utility4,488 (162)1,934 1,709 1,007 — — 
Total revenues from contracts with customers5,349 (200)1,934 1,709 1,007 899 — 
Other revenues (b)86 (2)49 17 10 10 
Total revenues$5,435 $(202)$1,983 $1,726 $1,017 $901 $10 

(a)Includes intersegment revenues principally among Midstream & Marketing, UGI Utilities and AmeriGas Propane.
(b)Primarily represents revenues from tank rentals at AmeriGas Propane and UGI International, revenues from certain gathering assets at Midstream & Marketing, revenues from alternative revenue programs at UGI Utilities, and gains and losses on commodity derivative instruments not associated with current-period transactions reflected in Corporate & Other, none of which are within the scope of ASC 606 and are accounted for in accordance with other GAAP.

Contract Balances
The timing of revenue recognition may differ from the timing of invoicing to customers or cash receipts. Contract assets represent our right to consideration after the performance obligations have been satisfied when such right is conditioned on something other than the passage of time. Contract assets were not material for all periods presented. Substantially all of our receivables are unconditional rights to consideration and are included in “Accounts receivable” and, in the case of UGI Utilities, “Accrued utility revenues” on the Condensed Consolidated Balance Sheets. Amounts billed are generally due within the following month.
Contract liabilities arise when payment from a customer is received before the performance obligations have been satisfied and represent the Company’s obligations to transfer goods or services to a customer for which we have received consideration. The balances of contract liabilities were $109, $161 and $104 at June 30, 2021, September 30, 2020 and June 30, 2020, respectively, and are included in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets. Revenues recognized for the nine months ended June 30, 2021 and 2020, from the amounts included in contract liabilities at September 30, 2020 and 2019, were $137 and $122, respectively.
Remaining Performance Obligations
The Company excludes disclosures related to the aggregate amount of the transaction price allocated to certain performance obligations that are unsatisfied as of the end of the reporting period because these contracts have an initial expected term of one year or less, or we have a right to bill the customer in an amount that corresponds directly with the value of services provided to the customer to date. Certain contracts with customers at Midstream & Marketing and UGI Utilities contain minimum future performance obligations through 2047 and 2053, respectively. At June 30, 2021, Midstream & Marketing and UGI Utilities expect to record approximately $2.0 billion and $0.2 billion of revenues, respectively, related to the minimum future performance obligations over the remaining terms of the related contracts.