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Segment Information (Tables) | 12 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information |
| Total |  | Elim- inations |  | Utilities |  | Midstream & Marketing |  | UGI International |  | AmeriGas Propane |  | Corporate & Other (a)
2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 7,210 |  |  | $ | — |  |  | $ | 1,549 |  |  | $ | 1,152 |  |  | $ | 2,279 |  |  | $ | 2,271 |  |  | $ | (41) |
Intersegment revenues | $ | — |  |  | $ | (266) |  | (b) | $ | 49 |  |  | $ | 217 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Cost of sales | $ | 3,529 |  |  | $ | (266) |  | (b) | $ | 650 |  |  | $ | 864 |  |  | $ | 1,301 |  |  | $ | 1,059 |  |  | $ | (79) |
Operating income (loss) | $ | 770 |  |  | $ | — |  |  | $ | 394 |  |  | $ | 301 |  |  | $ | 311 |  |  | $ | 142 |  |  | $ | (378) |
(Loss) income from equity investees | (19) |  |  | — |  |  | — |  |  | 12 |  |  | (5) |  |  | — |  |  | (26) |
Loss on extinguishments of debt | (9) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (9) |
Other non-operating (loss) income, net | (8) |  |  | — |  |  | 6 |  |  | — |  |  | 17 |  |  | — |  |  | (31) |
Earnings (loss) before interest expense and income taxes | 734 |  |  | — |  |  | 400 |  |  | 313 |  |  | 323 |  |  | 142 |  |  | (444) |
Interest expense | (394) |  |  | — |  |  | (93) |  |  | (41) |  |  | (44) |  |  | (156) |  |  | (60) |
Income tax (expense) benefit | (71) |  |  | — |  |  | (70) |  |  | (34) |  |  | (17) |  |  | (9) |  |  | 59 |
Net income (loss) attributable to UGI | $ | 269 |  |  | $ | — |  |  | $ | 237 |  |  | $ | 238 |  |  | $ | 262 |  |  | $ | (23) |  |  | $ | (445) |
Depreciation and amortization | $ | 551 |  |  | $ | — |  |  | $ | 166 |  |  | $ | 86 |  |  | $ | 119 |  |  | $ | 178 |  |  | $ | 2 |
Total assets | $ | 15,098 |  |  | $ | (733) |  |  | $ | 5,963 |  |  | $ | 3,183 |  |  | $ | 2,906 |  |  | $ | 3,051 |  |  | $ | 728 |
Short-term borrowings | $ | 465 |  |  | $ | — |  |  | $ | 286 |  |  | $ | — |  |  | $ | 128 |  |  | $ | 51 |  |  | $ | — |
Capital expenditures (including the effects of accruals) | $ | 805 |  |  | $ | — |  |  | $ | 482 |  |  | $ | 150 |  |  | $ | 87 |  |  | $ | 86 |  |  | $ | — |
Investments in equity investees | $ | 370 |  |  | $ | — |  |  | $ | — |  |  | $ | 359 |  |  | $ | 10 |  |  | $ | — |  |  | $ | 1 |
| Total |  | Elim- inations |  | Utilities |  | Midstream & Marketing |  | UGI International |  | AmeriGas Propane |  | Corporate & Other (a)
2023 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 8,928 |  |  | $ | — |  |  | $ | 1,780 |  |  | $ | 1,596 |  |  | $ | 2,965 |  |  | $ | 2,581 |  |  | $ | 6 |
Intersegment revenues | $ | — |  |  | $ | (326) |  | (b) | $ | 74 |  |  | $ | 251 |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Cost of sales | $ | 6,937 |  |  | $ | (325) |  | (b) | $ | 953 |  |  | $ | 1,360 |  |  | $ | 2,045 |  |  | $ | 1,250 |  |  | $ | 1,654 |
Operating (loss) income | $ | (1,444) |  |  | $ | — |  |  | $ | 357 |  |  | $ | 285 |  |  | $ | 215 |  |  | $ | 268 |  |  | $ | (2,569) |
Income (loss) from equity investees | 2 |  |  | — |  |  | — |  |  | 6 |  |  | (4) |  |  | — |  |  | — |
Loss on extinguishments of debt | (9) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (9) |
Other non-operating (loss) income, net | (7) |  |  | — |  |  | 8 |  |  | — |  |  | 23 |  |  | — |  |  | (38) |
(Loss) earnings before interest expense and income taxes | (1,458) |  |  | — |  |  | 365 |  |  | 291 |  |  | 234 |  |  | 268 |  |  | (2,616) |
Interest expense | (379) |  |  | — |  |  | (82) |  |  | (45) |  |  | (37) |  |  | (163) |  |  | (52) |
Income tax benefit (expense) | 335 |  |  | — |  |  | (64) |  |  | (53) |  |  | (25) |  |  | (34) |  |  | 511 |
Net (loss) income attributable to UGI | $ | (1,502) |  |  | $ | — |  |  | $ | 219 |  |  | $ | 193 |  |  | $ | 172 |  |  | $ | 71 |  |  | $ | (2,157) |
Depreciation and amortization | $ | 532 |  |  | $ | — |  |  | $ | 152 |  |  | $ | 86 |  |  | $ | 116 |  |  | $ | 177 |  |  | $ | 1 |
Total assets | $ | 15,401 |  |  | $ | (173) |  |  | $ | 5,691 |  |  | $ | 3,160 |  |  | $ | 3,105 |  |  | $ | 3,415 |  |  | $ | 203 |
Short-term borrowings | $ | 649 |  |  | $ | — |  |  | $ | 332 |  |  | $ | 103 |  |  | $ | 214 |  |  | $ | — |  |  | $ | — |
Capital expenditures (including the effects of accruals) | $ | 956 |  |  |  |  | $ | 563 |  |  | $ | 130 |  |  | $ | 129 |  |  | $ | 134 |  |  | $ | — |
Investments in equity investees | $ | 299 |  |  | $ | — |  |  | $ | — |  |  | $ | 264 |  |  | $ | 35 |  |  | $ | — |  |  | $ | — |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers | $ | 10,106 |  |  | $ | — |  |  | $ | 1,515 |  |  | $ | 1,957 |  |  | $ | 3,686 |  |  | $ | 2,943 |  |  | $ | 5 |
Intersegment revenues | $ | — |  |  | $ | (477) |  | (b) | $ | 105 |  |  | $ | 369 |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |
Cost of sales | $ | 5,973 |  |  | $ | (474) |  | (b) | $ | 798 |  |  | $ | 1,876 |  |  | $ | 2,751 |  |  | $ | 1,613 |  |  | $ | (591) |
Operating income | $ | 1,666 |  |  | $ | — |  |  | $ | 327 |  |  | $ | 246 |  |  | $ | 237 |  |  | $ | 307 |  |  | $ | 549 |
(Loss) income from equity investees | (14) |  |  | — |  |  | — |  |  | 23 |  |  | (2) |  |  | — |  |  | (35) |
Loss on extinguishments of debt | (11) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (11) |
Other non-operating income, net | 75 |  |  | — |  |  | 9 |  |  | — |  |  | 19 |  |  | — |  |  | 47 |
Earnings before interest expense and income taxes | 1,716 |  |  | — |  |  | 336 |  |  | 269 |  |  | 254 |  |  | 307 |  |  | 550 |
Interest expense | (329) |  |  | — |  |  | (65) |  |  | (41) |  |  | (28) |  |  | (160) |  |  | (35) |
Income tax expense | (313) |  |  | — |  |  | (65) |  |  | (65) |  |  | (50) |  |  | (35) |  |  | (98) |
Noncontrolling interests’ net income | (1) |  |  | — |  |  | — |  |  | — |  |  | (1) |  |  | — |  |  | — |
Net income attributable to UGI | $ | 1,073 |  |  | $ | — |  |  | $ | 206 |  |  | $ | 163 |  |  | $ | 175 |  |  | $ | 112 |  |  | $ | 417 |
Depreciation and amortization | $ | 518 |  |  | $ | — |  |  | $ | 144 |  |  | $ | 79 |  |  | $ | 116 |  |  | $ | 177 |  |  | $ | 2 |
Total assets | $ | 17,575 |  |  | $ | (203) |  |  | $ | 5,354 |  |  | $ | 3,286 |  |  | $ | 4,610 |  |  | $ | 4,332 |  |  | $ | 196 |
Short-term borrowings | $ | 368 |  |  | $ | — |  |  | $ | 236 |  |  | $ | — |  |  | $ | 1 |  |  | $ | 131 |  |  | $ | — |
Capital expenditures (including the effects of accruals) | $ | 835 |  |  | $ | — |  |  | $ | 562 |  |  | $ | 38 |  |  | $ | 107 |  |  | $ | 128 |  |  | $ | — |
Investments in equity investees | $ | 130 |  |  | $ | — |  |  | $ | — |  |  | $ | 109 |  |  | $ | 20 |  |  | $ | — |  |  | $ | 1 |
(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 2024, Fiscal 2023 and Fiscal 2022:
|  | Location on Income Statement |  | Midstream & Marketing |  | UGI International |  | AmeriGas Propane
2024 |  |  |  |  |  |  |  |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | — |  |  | $ | 1 |  |  | $ | — |
Net gains (losses) on commodity derivative instruments not associated with current-period transactions |  | Cost of Sales |  | $ | 63 |  |  | $ | (5) |  |  | $ | 21 |
Net losses on commodity derivative instruments not associated with current-period transactions |  | Other operating income, net |  | $ | — |  |  | $ | (3) |  |  | $ | — |
AmeriGas operations enhancement for growth project |  | Operating and administrative expenses |  | $ | — |  |  | $ | — |  |  | $ | (25) |
Restructuring costs |  | Operating and administrative expenses |  | $ | (1) |  |  | $ | (57) |  |  | $ | (1) |
Loss on extinguishments of debt |  | Loss on extinguishments of debt |  | $ | (1) |  |  | $ | — |  |  | $ | (8) |
Unrealized losses on foreign currency derivative instruments |  | Other non-operating (expense) income, net |  | $ | — |  |  | $ | (31) |  |  | $ | — |
Impairments of equity method investments and assets |  | (Loss) income from equity investees, Other operating income, net |  | $ | — |  |  | $ | (33) |  |  | $ | — |
Loss associated with impairment of AmeriGas Propane goodwill |  | Impairment of goodwill |  | $ | — |  |  | $ | — |  |  | $ | (195) |
Costs associated with exit of the UGI International energy marketing business |  | Revenues |  | $ | — |  |  | $ | (42) |  |  | $ | — |
Costs associated with exit of the UGI International energy marketing business |  | Operating and administrative expenses; Other operating income, net |  | $ | — |  |  | $ | (13) |  |  | $ | — |
Costs associated with exit of the UGI International energy marketing business |  | Loss on disposals of businesses |  | $ | — |  |  | $ | (29) |  |  | $ | — |
Loss on disposal of UGID |  | Loss on disposals of businesses |  | $ | (66) |  |  | $ | — |  |  | $ | — |
2023 |  |  |  |  |  |  |  |
Net gains (losses) on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | 6 |  |  | $ | 4 |  |  | $ | — |
Net (losses) gains on commodity derivative instruments not associated with current-period transactions |  | Cost of sales |  | $ | (236) |  |  | $ | (1,402) |  |  | $ | (16) |
Loss on extinguishment of debt |  | Loss on extinguishments of debt |  | $ | — |  |  | $ | — |  |  | $ | (9) |
Unrealized gains on foreign currency derivative instruments |  | Other non-operating (expense) income, net |  | $ | — |  |  | $ | (38) |  |  | $ | — |
AmeriGas operations enhancement for growth project |  | Operating and administrative expenses |  | $ | — |  |  | $ | — |  |  | $ | (24) |
Loss associated with impairment of AmeriGas Propane goodwill |  | Impairment of goodwill |  | $ | — |  |  | $ | — |  |  | $ | (656) |
Costs associated with exit of the UGI International energy marketing business |  | Revenues; Operating and administrative expenses |  | $ | — |  |  | $ | (27) |  |  | $ | — |
Costs associated with exit of the UGI International energy marketing business |  | Loss on disposals of businesses |  | $ | — |  |  | $ | (221) |  |  | $ | — |
2022 |  |  |  |  |  |  |  |
Net losses on commodity derivative instruments not associated with current-period transactions |  | Revenues |  | $ | (4) |  |  | $ | 9 |  |  | $ | — |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Cost of Sales |  | $ | (21) |  |  | $ | 797 |  |  | $ | (185) |
Net gains on commodity derivative instruments not associated with current-period transactions |  | Other operating income, net |  | $ | — |  |  | $ | 2 |  |  | $ | — |
Unrealized gains on foreign currency derivative instruments |  | Other non-operating (expense) income, net |  | $ | — |  |  | $ | 50 |  |  | $ | — |
Loss on extinguishments of debt |  | Loss on extinguishment of debt |  | $ | — |  |  | $ | (11) |  |  | $ | — |
AmeriGas operations enhancement for growth project |  | Operating and administrative expenses |  | $ | — |  |  | $ | — |  |  | $ | (5) |
Restructuring costs |  | Operating and administrative expenses |  | $ | (1) |  |  | $ | (9) |  |  | $ | (16) |
Impairments associated with certain equity method investments |  | (Loss) income from equity investees |  | $ | (35) |  |  | $ | (5) |  |  | $ | — |
(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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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