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Goodwill and Intangible Assets
 12 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Note 12 — Goodwill and Intangible Assets
Changes in the carrying amount of goodwill by reportable segment are as follows:
 
AmeriGas
Propane
 
UGI International
 
Midstream & Marketing
 
UGI Utilities
 
Total
Balance September 30, 2017
$
2,001.3

 
$
912.2

 
$
11.6

 
$
182.1

 
$
3,107.2

Acquisitions
4.5

 
54.9

 
—

 
—

 
59.4

Dispositions
(2.8
)
 
—

 
—

 
—

 
(2.8
)
Purchase accounting adjustments
—

 
13.6

 
—

 
—

 
13.6

Foreign currency translation
—

 
(17.0
)
 
—

 
—

 
(17.0
)
Balance September 30, 2018
2,003.0

 
963.7

 
11.6

 
182.1

 
3,160.4

Acquisitions
—

 
25.6

 
329.9

 
—

 
355.5

Foreign currency translation
—

 
(59.5
)
 
—

 
—

 
(59.5
)
Balance September 30, 2019
$
2,003.0

 
$
929.8

 
$
341.5

 
$
182.1

 
$
3,456.4



Intangible assets comprise the following at September 30:
 
2019
 
2018
Customer relationships
$
1,038.4

 
$
790.4

Trademarks and tradenames
16.2

 
7.9

Noncompete agreements and other
46.4

 
58.2

Accumulated amortization
(441.8
)
 
(393.2
)
Intangible assets, net (definite-lived)
659.2

 
463.3

Trademarks and tradenames (indefinite-lived)
49.4

 
50.3

Total intangible assets, net
$
708.6

 
$
513.6



The increase in the gross carrying amount of intangible assets in Fiscal 2019 is due to acquisitions partially offset by the effects of currency translation. Amortization expense of intangible assets was $59.6, $58.6 and $50.8 for Fiscal 2019, Fiscal 2018 and Fiscal 2017, respectively. Estimated amortization expense of intangible assets during the next five fiscal years is as follows: Fiscal 2020 — $64.6; Fiscal 2021 — $61.4; Fiscal 2022 — $58.3; Fiscal 2023 — $56.8; Fiscal 2024 — $55.6.

In April 2018, a plan to discontinue the use of certain indefinite-lived tradenames and trademarks, primarily associated with the Partnership’s January 2012 acquisition of Heritage Propane, was presented to the Partnership’s senior management. After considering the merits of the plan, the Partnership’s senior management approved a plan to discontinue the use of these tradenames and trademarks over a period of approximately three years. As a result, during the third quarter of Fiscal 2018, the Partnership determined that these tradenames and trademarks no longer had indefinite lives and adjusted the carrying amounts of these tradenames and trademarks to their estimated fair values of approximately $7.9. During the third quarter of Fiscal 2018, the Partnership recorded a non-cash, pre-tax impairment charge of $75.0 which amount is reflected in “Impairment of Partnership tradenames and trademarks” on the Consolidated Statements of Income, and is amortizing the remaining fair value of these tradenames and trademarks of $7.9 over their estimated period of benefit of three years. See Note 17 for further information on the determination of fair values for the affected tradenames and trademarks.