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v3.22.2.2

Segment Information (Tables) | 12 Months Ended
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Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information |
| Total |  | Elim- inations |  | AmeriGas Propane |  | UGI International |  | Midstream & Marketing |  | Utilities |  | Corporate & Other (a)
2022 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 10,106 |  |  | $ | — |  |  | $ | 2,943 |  |  | $ | 3,686 |  |  | $ | 1,957 |  |  | $ | 1,515 |  |  | $ | 5 |
Intersegment revenues | $ | — |  |  | $ | (477) |  | (b) | $ | — |  |  | $ | — |  |  | $ | 369 |  |  | $ | 105 |  |  | $ | 3 |
Cost of sales | $ | 5,973 |  |  | $ | (474) |  | (b) | $ | 1,613 |  |  | $ | 2,751 |  |  | $ | 1,876 |  |  | $ | 798 |  |  | $ | (591) |
Operating income | $ | 1,666 |  |  | $ | — |  |  | $ | 307 |  |  | $ | 237 |  |  | $ | 246 |  |  | $ | 327 |  |  | $ | 549 |
(Loss) income from equity investees | (14) |  |  | — |  |  | — |  |  | (2) |  |  | 23 |  |  | — |  |  | (35) |
Loss on extinguishments of debt | (11) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (11) |
Other non-operating income, net | 75 |  |  | — |  |  | — |  |  | 19 |  |  | — |  |  | 9 |  |  | 47 |
Earnings before interest expense and income taxes | 1,716 |  |  | — |  |  | 307 |  |  | 254 |  |  | 269 |  |  | 336 |  |  | 550 |
Interest expense | (329) |  |  | — |  |  | (160) |  |  | (28) |  |  | (41) |  |  | (65) |  |  | (35) |
Income tax expense | (313) |  |  | — |  |  | (35) |  |  | (50) |  |  | (65) |  |  | (65) |  |  | (98) |
Noncontrolling interests’ net (income) loss | (1) |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  | — |  |  | — |
Net income attributable to UGI | $ | 1,073 |  |  | $ | — |  |  | $ | 112 |  |  | $ | 175 |  |  | $ | 163 |  |  | $ | 206 |  |  | $ | 417 |
Depreciation and amortization | $ | 518 |  |  | $ | — |  |  | $ | 177 |  |  | $ | 116 |  |  | $ | 79 |  |  | $ | 144 |  |  | $ | 2 |
Total assets | $ | 17,575 |  |  | $ | (203) |  |  | $ | 4,332 |  |  | $ | 4,610 |  |  | $ | 3,286 |  |  | $ | 5,354 |  |  | $ | 196 |
Short-term borrowings | $ | 368 |  |  | $ | — |  |  | $ | 131 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 236 |  |  | $ | — |
| Total |  | Elim- inations |  | AmeriGas Propane |  | UGI International |  | Midstream & Marketing |  | Utilities |  | Corporate & Other (a)
Capital expenditures (including the effects of accruals) | $ | 835 |  |  | $ | — |  |  | $ | 128 |  |  | $ | 107 |  |  | $ | 38 |  |  | $ | 562 |  |  | $ | — |
Investments in equity investees | $ | 130 |  |  | $ | — |  |  | $ | — |  |  | $ | 20 |  |  | $ | 109 |  |  | $ | — |  |  | $ | 1 |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 7,447 |  |  | $ | — |  |  | $ | 2,614 |  |  | $ | 2,651 |  |  | $ | 1,182 |  |  | $ | 1,015 |  |  | $ | (15) |
Intersegment revenues | $ | — |  |  | $ | (291) |  | (b) | $ | — |  |  | $ | — |  |  | $ | 224 |  |  | $ | 64 |  |  | $ | 3 |
Cost of sales | $ | 2,614 |  |  | $ | (288) |  | (b) | $ | 1,217 |  |  | $ | 1,598 |  |  | $ | 1,033 |  |  | $ | 458 |  |  | $ | (1,404) |
Operating income | $ | 2,350 |  |  | $ | — |  |  | $ | 385 |  |  | $ | 314 |  |  | $ | 160 |  |  | $ | 241 |  |  | $ | 1,250 |
(Loss) income from equity investees | (63) |  |  | — |  |  | — |  |  | — |  |  | 30 |  |  | — |  |  | (93) |
Other non-operating income, net | 12 |  |  | — |  |  | — |  |  | 3 |  |  | — |  |  | 1 |  |  | 8 |
Earnings before interest expense and income taxes | 2,299 |  |  | — |  |  | 385 |  |  | 317 |  |  | 190 |  |  | 242 |  |  | 1,165 |
Interest expense | (310) |  |  | — |  |  | (159) |  |  | (27) |  |  | (42) |  |  | (56) |  |  | (26) |
Income tax expense | (522) |  |  | — |  |  | (58) |  |  | (69) |  |  | (41) |  |  | (42) |  |  | (312) |
Net income attributable to UGI | $ | 1,467 |  |  | $ | — |  |  | $ | 168 |  |  | $ | 221 |  |  | $ | 107 |  |  | $ | 144 |  |  | $ | 827 |
Depreciation and amortization | $ | 502 |  |  | $ | — |  |  | $ | 173 |  |  | $ | 134 |  |  | $ | 76 |  |  | $ | 119 |  |  | $ | — |
Total assets | $ | 16,723 |  |  | $ | (241) |  |  | $ | 4,485 |  |  | $ | 4,421 |  |  | $ | 3,010 |  |  | $ | 4,859 |  |  | $ | 189 |
Short-term borrowings | $ | 367 |  |  | $ | — |  |  | $ | 170 |  |  | $ | — |  |  | $ | — |  |  | $ | 197 |  |  | $ | — |
Capital expenditures (including the effects of accruals) | $ | 674 |  |  | $ | — |  |  | $ | 130 |  |  | $ | 107 |  |  | $ | 43 |  |  | $ | 394 |  |  | $ | — |
Investments in equity investees | $ | 174 |  |  | $ | — |  |  | $ | — |  |  | $ | 11 |  |  | $ | 163 |  |  | $ | — |  |  | $ | — |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 6,559 |  |  | $ | — |  |  | $ | 2,381 |  |  | $ | 2,127 |  |  | $ | 1,065 |  |  | $ | 983 |  |  | $ | 3 |
Intersegment revenues | $ | — |  |  | $ | (232) |  | (b) | $ | — |  |  | $ | — |  |  | $ | 182 |  |  | $ | 47 |  |  | $ | 3 |
Cost of sales | $ | 3,149 |  |  | $ | (229) |  | (b) | $ | 960 |  |  | $ | 1,191 |  |  | $ | 892 |  |  | $ | 448 |  |  | $ | (113) |
Operating income (loss) | $ | 982 |  |  | $ | — |  |  | $ | 373 |  |  | $ | 241 |  |  | $ | 140 |  |  | $ | 229 |  |  | $ | (1) |
Income from equity investees | 27 |  |  | — |  |  | — |  |  | — |  |  | 27 |  |  | — |  |  | — |
Other non-operating (expense) income, net | (20) |  |  | — |  |  | — |  |  | 18 |  |  | 1 |  |  | — |  |  | (39) |
Earnings (loss) before interest expense and income taxes | 989 |  |  | — |  |  | 373 |  |  | 259 |  |  | 168 |  |  | 229 |  |  | (40) |
Interest expense | (322) |  |  | — |  |  | (164) |  |  | (31) |  |  | (42) |  |  | (54) |  |  | (31) |
Income tax (expense) benefit | (135) |  |  | — |  |  | (53) |  |  | (55) |  |  | (34) |  |  | (39) |  |  | 46
Net income (loss) attributable to UGI | $ | 532 |  |  | $ | — |  |  | $ | 156 |  |  | $ | 173 |  |  | $ | 92 |  |  | $ | 136 |  |  | $ | (25) |
Depreciation and amortization | $ | 484 |  |  | $ | — |  |  | $ | 178 |  |  | $ | 125 |  |  | $ | 75 |  |  | $ | 105 |  |  | $ | 1 |
Total assets | $ | 13,985 |  |  | $ | (282) |  |  | $ | 4,327 |  |  | $ | 3,123 |  |  | $ | 2,775 |  |  | $ | 3,809 |  |  | $ | 233 |
Short-term borrowings | $ | 347 |  |  | $ | — |  |  | $ | 186 |  |  | $ | 1 |  |  | $ | 19 |  |  | $ | 141 |  |  | $ | — |
Capital expenditures (including the effects of accruals) | $ | 665 |  |  | $ | — |  |  | $ | 135 |  |  | $ | 89 |  |  | $ | 93 |  |  | $ | 348 |  |  | $ | — |
Investments in equity investees | $ | 200 |  |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | 190 |  |  | $ | — |  |  | $ | — |
(a)Corporate & Other includes specific items attributable to our reportable segments that are not included in the segment profit measures used by our CODM in assessing our reportable segments’ performance or allocating resources. The following table presents such pre-tax gains (losses) which have been included in Corporate & Other, and the reportable segments to which they relate, for Fiscal 2022, Fiscal 2021 and Fiscal 2020:
|  | Location on Income Statement |  | AmeriGas Propane |  | UGI International |  | Midstream & Marketing
2022 |  |  |  |  |  |  |  |
Net gains (losses) on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | — |  |  | $ | 9 |  |  | $ | (4) |
Net (losses) gains on commodity derivative instruments not associated with current-period transactions |  | Cost of Sales |  | $ | (185) |  |  | $ | 797 |  |  | $ | (21) |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Other operating income, net |  | $ | — |  |  | $ | 2 |  |  | $ | — |
Restructuring costs |  | Operating and administrative expenses |  | $ | (21) |  |  | $ | (9) |  |  | $ | (1) |
Loss on extinguishment of debt |  | Loss on extinguishments of debt |  | $ | — |  |  | $ | (11) |  |  | $ | — |
Unrealized gains on foreign currency derivative instruments |  | Other non-operating income (expense), net |  | $ | — |  |  | $ | 50 |  |  | $ | — |
Impairments of certain equity method investments and assets |  | Operating and administrative expenses; (Loss) income from equity investees, respectively |  | $ | — |  |  | $ | (5) |  |  | $ | (35) |
2021 |  |  |  |  |  |  |  |
Net losses on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | — |  |  | $ | — |  |  | $ | (15) |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Cost of sales |  | $ | 167 |  |  | $ | 1,065 |  |  | $ | 173 |
Unrealized losses on foreign currency derivative instruments |  | Other non-operating income (expense), net |  | $ | — |  |  | $ | 8 |  |  | $ | — |
Business transformation expenses |  | Operating and administrative expenses |  | $ | (54) |  |  | $ | (33) |  |  | $ | — |
Impairment of customer relationship intangible |  | Operating and administrative expenses |  | $ | — |  |  | $ | (20) |  |  | $ | — |
Impairments associated with certain equity method investments |  | (Loss) income from equity investees |  | $ | — |  |  | $ | — |  |  | $ | (93) |
2020 |  |  |  |  |  |  |  |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | — |  |  | $ | — |  |  | $ | 3 |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Cost of Sales |  | $ | 72 |  |  | $ | — |  |  | $ | 42 |
Unrealized losses on foreign currency derivative instruments |  | Other non-operating income (expense), net |  | $ | — |  |  | $ | (36) |  |  | $ | — |
Acquisition and integration expenses associated with the CMG Acquisition |  | Operating and administrative expenses |  | $ | — |  |  | $ | — |  |  | $ | (2) |
Business transformation expenses |  | Operating and administrative expenses |  | $ | (44) |  |  | $ | (18) |  |  | $ | — |
Loss on disposals of Conemaugh and HVAC |  | Loss on disposals of Conemaugh and HVAC |  | $ | — |  |  | $ | — |  |  | $ | (54) |
(b)Represents the elimination of intersegment transactions principally among Midstream & Marketing, Utilities and AmeriGas Propane.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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