Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

6 Months Ended

Mar. 31, 2019

Regulated Operations [Abstract]

Schedule of Regulatory Assets

The following regulatory assets and liabilities associated with UGI Utilities are included on the Condensed Consolidated Balance Sheets:

	March 31, 2019		September 30, 2018		March 31, 2018
Regulatory assets:
Income taxes recoverable	$	120.3	$	110.1	$	128.3
Underfunded pension and postretirement plans	83.6		87.1		135.3
Environmental costs	58.8		58.8		59.8
Removal costs, net	30.1		32.0		30.5
Other	6.5		13.0		7.7
Total regulatory assets	$	299.3	$	301.0	$	361.6
Regulatory liabilities (a):
Postretirement benefits	$	16.9	$	17.8	$	17.1
Deferred fuel and power refunds	17.7		36.7		35.3
State tax benefits — distribution system repairs	24.3		22.6		19.9
PAPUC temporary rates order	25.1		24.4		—
Excess federal deferred income taxes	276.7		285.2		301.2
Other	18.8		3.5		7.2
Total regulatory liabilities	$	379.5	$	390.2	$	380.7

(a) Regulatory liabilities are included 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 on the Condensed Consolidated Balance Sheets:

	March 31, 2019		September 30, 2018		March 31, 2018
Regulatory assets:
Income taxes recoverable	$	120.3	$	110.1	$	128.3
Underfunded pension and postretirement plans	83.6		87.1		135.3
Environmental costs	58.8		58.8		59.8
Removal costs, net	30.1		32.0		30.5
Other	6.5		13.0		7.7
Total regulatory assets	$	299.3	$	301.0	$	361.6
Regulatory liabilities (a):
Postretirement benefits	$	16.9	$	17.8	$	17.1
Deferred fuel and power refunds	17.7		36.7		35.3
State tax benefits — distribution system repairs	24.3		22.6		19.9
PAPUC temporary rates order	25.1		24.4		—
Excess federal deferred income taxes	276.7		285.2		301.2
Other	18.8		3.5		7.2
Total regulatory liabilities	$	379.5	$	390.2	$	380.7

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