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Segment Information (Tables)
9 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Three Months Ended June 30, 2014:
 
 
 
 
 
 
 
 
 
 
Midstream & Marketing
 
UGI International
 
 
 
 
Total
 
Eliminations
 
AmeriGas
Propane
 
Gas
Utility
 
Energy Services
 
Electric Generation
 
Antargaz
 
Flaga &
Other
 
Corporate
& Other (b)
Revenues
 
$
1,486.7

 
$
(50.8
)
(c)
$
613.2

 
$
128.3

 
$
248.3

 
$
20.5

 
$
249.2

 
$
232.3

 
$
45.7

Cost of sales
 
$
926.5

 
$
(49.6
)
(c)
$
340.8

 
$
49.2

 
$
209.2

 
$
10.5

 
$
164.1

 
$
180.7

 
$
21.6

Segment profit:
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
Operating income (loss)
 
$
62.7

 
$
(0.1
)
 
$
7.2

 
$
17.1

 
$
23.5

 
$
2.6

 
$
(1.4
)
 
$
8.2

 
$
5.6

Loss from equity investees
 
(0.1
)
 

 

 

 

 

 
(0.1
)
 

 

Interest expense
 
(60.1
)
 

 
(41.4
)
 
(9.8
)
 
(0.5
)
 

 
(6.3
)
 
(1.4
)
 
(0.7
)
Income (loss) before income taxes
 
$
2.5

 
$
(0.1
)
 
$
(34.2
)
 
$
7.3

 
$
23.0

 
$
2.6

 
$
(7.8
)
 
$
6.8

 
$
4.9

Partnership EBITDA (a)
 
$
52.2

 
 
 
$
55.0

 
 
 
 
 
 
 
 
 
 
 
$
(2.8
)
Noncontrolling interests’ net (loss)
 
$
(33.3
)
 
$

 
$
(31.0
)
 
$

 
$

 
$

 
$
(0.3
)
 
$

 
$
(2.0
)
Depreciation and amortization
 
$
90.0

 
$

 
$
47.8

 
$
13.7

 
$
3.3

 
$
2.7

 
$
14.6

 
$
6.2

 
$
1.7

Capital expenditures
 
$
102.4

 
$
1.2

 
$
29.3

 
$
35.9

 
$
11.2

 
$
1.9

 
$
15.6

 
$
4.8

 
$
2.5

Total assets (at period end)
 
$
10,077.7

 
$
(112.8
)
 
$
4,345.8

 
$
2,147.4

 
$
542.7

 
$
279.1

 
$
1,784.2

 
$
650.6

 
$
440.7

Bank loans (at period end)
 
$
96.5

 
$

 
$
92.5

 
$

 
$

 
$

 
$

 
$
4.0

 
$

Goodwill (at period end)
 
$
2,885.1

 
$

 
$
1,939.0

 
$
182.1

 
$
5.6

 
$

 
$
651.7

 
$
99.7

 
$
7.0

Three Months Ended June 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
Midstream & Marketing
 
UGI International
 
 
 
 
Total
 
Eliminations
 
 
AmeriGas
Propane
 
Gas
Utility
 
Energy Services
 
Electric Generation
 
Antargaz
 
Flaga &
Other
 
Corporate
& Other (b)
Revenues
 
$
1,374.3

 
$
(61.5
)
(c)
 
$
581.7

 
$
126.7

 
$
233.0

 
$
16.3

 
$
249.3

 
$
182.5

 
$
46.3

Cost of sales
 
$
836.8

 
$
(60.1
)
(c)
 
$
305.7

 
$
52.4

 
$
214.9

 
$
8.5

 
$
148.7

 
$
134.8

 
$
31.9

Segment profit:
 
 
 
 
 
 
 
 
 
 

 

 
 
 
 
 
 
Operating income (loss)
 
$
41.5

 
$
(0.2
)
 
 
$
3.8

 
$
14.2

 
$
6.4

 
$
0.6

 
$
14.6

 
$
6.5

 
$
(4.4
)
Income from equity investees
 

 

 
 

 

 

 

 

 

 

Interest expense
 
(59.2
)
 

 
 
(41.2
)
 
(9.2
)
 
(0.6
)
 

 
(6.2
)
 
(1.2
)
 
(0.8
)
(Loss) income before income taxes
 
$
(17.7
)
 
$
(0.2
)
 
 
$
(37.4
)
 
$
5.0

 
$
5.8

 
$
0.6

 
$
8.4

 
$
5.3

 
$
(5.2
)
Partnership EBITDA (a)
 

 
 
 
 
$
56.3

 
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling interests’ net (loss) income
 
$
(31.9
)
 
$

 
 
$
(31.7
)
 
$

 
$

 
$

 
$
(0.3
)
 
$
0.1

 
$

Depreciation and amortization
 
$
91.8

 
$
(0.1
)
 
 
$
52.4

 
$
13.1

 
$
2.1

 
$
2.6

 
$
14.0

 
$
6.1

 
$
1.6

Capital expenditures
 
$
107.6

 
$
(0.1
)
 
 
$
26.3

 
$
37.3

 
$
22.0

 
$
4.4

 
$
11.7

 
$
4.0

 
$
2.0

Total assets (at period end)
 
$
9,806.8

 
$
(95.9
)
 
 
$
4,386.8

 
$
2,143.7

 
$
437.0

 
$
267.2

 
$
1,771.7

 
$
543.1

 
$
353.2

Bank loans (at period end)
 
$
135.9

 
$

 
 
$
80.0

 
$

 
$
45.5

 
$

 
$

 
$
10.4

 
$

Goodwill (at period end)
 
$
2,834.0

 
$

 
 
$
1,929.2

 
$
182.1

 
$
2.8

 
$

 
$
619.2

 
$
93.7

 
$
7.0


(a)
The following table provides a reconciliation of Partnership EBITDA to AmeriGas Propane operating income:
Three Months Ended June 30,
 
2014
 
2013
Partnership EBITDA
 
$
55.0

 
$
56.3

Depreciation and amortization
 
(47.8
)
 
(52.4
)
Noncontrolling interests (i)
 

 
(0.1
)
Operating income
 
$
7.2

 
$
3.8

(i)
Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.
(b)
Corporate & Other results principally comprise (1) Electric Utility, (2) Enterprises’ heating, ventilation, air-conditioning, refrigeration and electrical contracting businesses (“HVAC”), (3) net gains and losses on Midstream & Marketing’s commodity derivative instruments, and net gains and losses on AmeriGas Propane’s commodity derivative instruments entered into beginning April 1, 2014, that are not associated with current period transactions, (4) net expenses of UGI’s captive general liability insurance company, and (5) UGI Corporation’s unallocated corporate and general expenses and interest income. Corporate & Other assets principally comprise cash, short-term investments, the assets of Electric Utility and HVAC, and an intercompany loan. The intercompany loan and associated interest is removed in the segment presentation.
(c)
Principally represents the elimination of intersegment transactions among Midstream & Marketing, Gas Utility and AmeriGas Propane.

Nine Months Ended June 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
Midstream & Marketing
 
UGI International
 
 
 
 
Total
 
Elim-
inations
 
 
AmeriGas
Propane
 
Gas
Utility
 
Energy Services
 
Electric Generation
 
Antargaz
 
Flaga &
Other
 
Corporate &
Other (b)
Revenues
 
$
6,965.9

 
$
(281.0
)
(c)
 
$
3,152.7

 
$
880.0

 
$
1,109.9

 
$
66.4

 
$
1,086.5

 
$
802.8

 
$
148.6

Cost of sales
 
$
4,357.7

 
$
(278.0
)
(c)
 
$
1,809.0

 
$
463.5

 
$
894.2

 
$
30.5

 
$
713.3

 
$
635.1

 
$
90.1

Segment profit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)
 
$
1,015.0

 
$

 
 
$
471.7

 
$
233.7

 
$
166.8

 
$
16.9

 
$
94.7

 
$
32.8

 
$
(1.6
)
Loss from equity investees
 
(0.1
)
 

 
 

 

 

 

 
(0.1
)
 

 

Interest expense
 
(178.9
)
 

 
 
(125.0
)
 
(26.6
)
 
(2.5
)
 

 
(19.1
)
 
(3.8
)
 
(1.9
)
Income (loss) before income taxes
 
$
836.0

 
$

 
 
$
346.7

 
$
207.1

 
$
164.3

 
$
16.9

 
$
75.5

 
$
29.0

 
$
(3.5
)
Partnership EBITDA (a)
 
$
613.7

 
 
 
 
$
616.5

 
 
 
 
 
 
 
 
 
 
 
$
(2.8
)
Noncontrolling interests’ net income (loss)
 
$
235.6

 
$

 
 
$
237.6

 
$

 
$

 
$

 
$

 
$

 
$
(2.0
)
Depreciation and amortization
 
$
271.7

 
$
(0.1
)
 
 
$
149.3

 
$
40.7

 
$
9.1

 
$
8.0

 
$
39.9

 
$
20.0

 
$
4.8

Capital expenditures
 
$
290.5

 
$

 
 
$
80.3

 
$
98.8

 
$
41.3

 
$
13.0

 
$
36.7

 
$
13.6

 
$
6.8

Total assets (at period end)
 
$
10,077.7

 
$
(112.8
)
 
 
$
4,345.8

 
$
2,147.4

 
$
542.7

 
$
279.1

 
$
1,784.2

 
$
650.6

 
$
440.7

Bank loans (at period end)
 
$
96.5

 
$

 
 
$
92.5

 
$

 
$

 
$

 
$

 
$
4.0

 
$

Goodwill (at period end)
 
$
2,885.1

 
$

 
 
$
1,939.0

 
$
182.1

 
$
5.6

 
$

 
$
651.7

 
$
99.7

 
$
7.0


Nine Months Ended June 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
Midstream & Marketing
 
UGI International
 
 
 
 
Total
 
Elim-
inations
 
 
AmeriGas
Propane
 
Gas
Utility
 
Energy Services
 
Electric Generation
 
Antargaz
 
Flaga &
Other
 
Corporate &
Other (b)
Revenues
 
$
5,935.7

 
$
(181.1
)
(c)
 
$
2,636.9

 
$
743.6

 
$
764.8

 
$
48.7

 
$
1,121.2

 
$
659.0

 
$
142.6

Cost of sales
 
$
3,539.0

 
$
(176.2
)
(c)
 
$
1,367.4

 
$
372.7

 
$
650.5

 
$
29.0

 
$
714.4

 
$
507.1

 
$
74.1

Segment profit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
$
843.4

 
$
(1.1
)
 
 
$
407.5

 
$
189.7

 
$
76.5

 
$
1.4

 
$
129.9

 
$
30.6

 
$
8.9

Income from equity investees
 
0.1

 

 
 

 

 

 

 
0.1

 

 

Interest expense
 
(180.8
)
 

 
 
(125.4
)
 
(28.1
)
 
(2.4
)
 

 
(19.0
)
 
(3.8
)
 
(2.1
)
Income before income taxes
 
$
662.7

 
$
(1.1
)
 
 
$
282.1

 
$
161.6

 
$
74.1

 
$
1.4

 
$
111.0

 
$
26.8

 
$
6.8

Partnership EBITDA (a)
 

 
 
 
 
$
557.1

 
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling interests’ net income
 
$
194.4

 
$

 
 
$
194.2

 
$

 
$

 
$

 
$
0.1

 
$
0.1

 
$

Depreciation and amortization
 
$
269.2

 
$
(0.1
)
 
 
$
153.4

 
$
38.4

 
$
5.6

 
$
7.5

 
$
42.3

 
$
17.4

 
$
4.7

Capital expenditures
 
$
292.5

 
$
(1.1
)
 
 
$
80.7

 
$
90.2

 
$
54.8

 
$
15.4

 
$
37.1

 
$
10.3

 
$
5.1

Total assets (at period end)
 
$
9,806.8

 
$
(95.9
)
 
 
$
4,386.8

 
$
2,143.7

 
$
437.0

 
$
267.2

 
$
1,771.7

 
$
543.1

 
$
353.2

Bank loans (at period end)
 
$
135.9

 
$

 
 
$
80.0

 
$

 
$
45.5

 
$

 
$

 
$
10.4

 
$

Goodwill (at period end)
 
$
2,834.0

 
$

 
 
$
1,929.2

 
$
182.1

 
$
2.8

 
$

 
$
619.2

 
$
93.7

 
$
7.0

(a)
The following table provides a reconciliation of Partnership EBITDA to AmeriGas Propane operating income:
Nine Months Ended June 30,
 
2014
 
2013
Partnership EBITDA
 
$
616.5

 
$
557.1

Depreciation and amortization
 
(149.3
)
 
(153.4
)
Noncontrolling interests (i)
 
4.5

 
3.8

Operating income
 
$
471.7

 
$
407.5

(i)
Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.
(b)
Corporate & Other results principally comprise (1) Electric Utility, (2) Enterprises’ heating, ventilation, air-conditioning, refrigeration and electrical contracting businesses (“HVAC”), (3) net gains and losses on Midstream & Marketing’s commodity derivative instruments, and net gains and losses on AmeriGas Propane’s commodity derivative instruments entered into beginning April 1, 2014, that are not associated with current period transactions, (4) net expenses of UGI’s captive general liability insurance company, and (5) UGI Corporation’s unallocated corporate and general expenses and interest income. Corporate & Other assets principally comprise cash, short-term investments, the assets of Electric Utility and HVAC, and an intercompany loan. The intercompany loan and associated interest is removed in the segment presentation.
(c)
Principally represents the elimination of intersegment transactions among Midstream & Marketing, Gas Utility and AmeriGas Propane.