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Significant Accounting Policies (Policies)
 9 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Restricted Cash
Restricted Cash. Restricted cash principally represents those cash balances in our commodity futures brokerage accounts that are restricted from withdrawal.
Earnings Per Common Share
Earnings Per Common Share. Basic earnings per share attributable to UGI Corporation shareholders reflect the weighted-average number of common shares outstanding. Diluted earnings per share attributable to UGI Corporation include the effects of dilutive stock options and common stock awards.
 
Shares used in computing basic and diluted earnings per share are as follows:
 
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
 
2014
 
2013
 
2014
 
2013
Denominator (thousands of shares):
 
 
 
 
 
 
 
 
Average common shares outstanding for basic computation
 
115,370

 
114,240

 
115,121

 
113,693

Incremental shares issuable for stock options and awards
 
1,678

 
1,956

 
1,610

 
1,582

Average common shares outstanding for diluted computation
 
117,048

 
116,196

 
116,731

 
115,275
Comprehensive Income
Comprehensive Income. Comprehensive income (loss) comprises net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) principally comprises (1) gains and losses on derivative instruments qualifying as cash flow hedges, net of reclassifications to net income; (2) actuarial gains and losses on postretirement benefit plans, net of associated amortization; and (3) foreign currency translation and intracompany transaction adjustments.








Changes in accumulated other comprehensive income (“AOCI”) during the three and nine months ended June 30, 2014, are as follows:
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2014:
Postretirement
 
Derivative
 
Foreign
 
 
 
Benefit Plans
 
Instruments
 
Currency
 
Total
Balance, March 31, 2014
$
(15.8
)
 
$
(23.3
)
 
$
63.4

 
$
24.3

Other comprehensive (loss) before reclassification adjustments (after-tax)
—

 
(0.6
)
 
(0.2
)
 
(0.8
)
Amounts reclassified from AOCI and noncontrolling interests:
 
 
 
 
 
 

    Reclassification adjustments (pre-tax)
0.4

 
(0.2
)
 
—

 
0.2

    Reclassification adjustments tax (expense) benefit
(0.2
)
 
(1.3
)
 
—

 
(1.5
)
    Reclassification adjustments (after-tax)
0.2

 
(1.5
)
 
—

 
(1.3
)
Other comprehensive income (loss)
0.2

 
(2.1
)
 
(0.2
)
 
(2.1
)
Add comprehensive loss attributable to noncontrolling interests, principally in AmeriGas Partners
—

 
3.2

 
—

 
3.2

Other comprehensive income (loss) attributable to UGI
0.2

 
1.1

 
(0.2
)
 
1.1

Balance, June 30, 2014
$
(15.6
)
 
$
(22.2
)
 
$
63.2

 
$
25.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended June 30, 2014:
Postretirement
 
Derivative
 
Foreign
 
 
 
Benefit Plans
 
Instruments
 
Currency
 
Total
Balance, September 30, 2013
$
(16.4
)
 
$
(26.9
)
 
$
51.7

 
$
8.4

Other comprehensive income before reclassification adjustments (after-tax)
—

 
46.2

 
11.5

 
57.7

Amounts reclassified from AOCI and noncontrolling interests:
 
 
 
 
 
 
 
    Reclassification adjustments (pre-tax)
1.0

 
(50.7
)
 
—

 
(49.7
)
    Reclassification adjustments tax (expense) benefit
(0.2
)
 
4.0

 
—

 
3.8

    Reclassification adjustments (after-tax)
0.8

 
(46.7
)
 
—

 
(45.9
)
Other comprehensive income (loss)
0.8

 
(0.5
)
 
11.5

 
11.8

Add comprehensive loss attributable to noncontrolling interests, principally in AmeriGas Partners
—

 
5.2

 
—

 
5.2

Other comprehensive income attributable to UGI
0.8

 
4.7

 
11.5

 
17.0

Balance, June 30, 2014
$
(15.6
)
 
$
(22.2
)
 
$
63.2

 
$
25.4

 
 
 
 
 
 
 
 

For additional information on amounts reclassified from AOCI relating to derivative instruments, see Note 12 to condensed consolidated financial statements.
Use of Estimates
Use of Estimates. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and costs. These estimates are based on management’s knowledge of current events, historical experience and various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results may be different from these estimates and assumptions.