Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

3 Months Ended

Dec. 31, 2018

Regulated Operations [Abstract]

Schedule of Regulatory Assets

The following regulatory assets and liabilities associated with UGI Utilities are included in our accompanying Condensed Consolidated Balance Sheets:

	December 31, 2018		September 30, 2018		December 31, 2017
Regulatory assets:
Income taxes recoverable	$	115.2	$	110.1	$	126.5
Underfunded pension and postretirement plans	85.3		87.1		138.3
Environmental costs	58.5		58.8		60.8
Removal costs, net	31.3		32.0		31.4
Other	8.5		13.0		5.8
Total regulatory assets	$	298.8	$	301.0	$	362.8
Regulatory liabilities (a):
Postretirement benefits	$	17.3	$	17.8	$	17.3
Deferred fuel and power refunds	22.2		36.7		12.7
State tax benefits — distribution system repairs	23.5		22.6		19.1
PAPUC temporary rates order	24.8		24.4		—
Excess federal deferred income taxes	280.9		285.2		303.9
Other	4.8		3.5		4.5
Total regulatory liabilities	$	373.5	$	390.2	$	357.5

(a) Regulatory liabilities are recorded in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.

Schedule of Regulatory Liabilities

The following regulatory assets and liabilities associated with UGI Utilities are included in our accompanying Condensed Consolidated Balance Sheets:

	December 31, 2018		September 30, 2018		December 31, 2017
Regulatory assets:
Income taxes recoverable	$	115.2	$	110.1	$	126.5
Underfunded pension and postretirement plans	85.3		87.1		138.3
Environmental costs	58.5		58.8		60.8
Removal costs, net	31.3		32.0		31.4
Other	8.5		13.0		5.8
Total regulatory assets	$	298.8	$	301.0	$	362.8
Regulatory liabilities (a):
Postretirement benefits	$	17.3	$	17.8	$	17.3
Deferred fuel and power refunds	22.2		36.7		12.7
State tax benefits — distribution system repairs	23.5		22.6		19.1
PAPUC temporary rates order	24.8		24.4		—
Excess federal deferred income taxes	280.9		285.2		303.9
Other	4.8		3.5		4.5
Total regulatory liabilities	$	373.5	$	390.2	$	357.5

(a) Regulatory liabilities are recorded in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.