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AmeriGas Merger and Acquisitions (Tables)
12 Months Ended
Sep. 30, 2019
Business Combinations [Abstract]  
Components of Preliminary Purchase Price Allocation
The components of the preliminary CMG purchase price allocations are as follows:
Assets acquired:
 
Cash
$
0.3

Accounts receivable
11.3

Prepaid expenses and other current assets
1.1

Property, plant and equipment
613.2

Investment in Pennant
88.0

Intangible assets (a)
250.0

Total assets acquired
$
963.9

 
 
Liabilities assumed:
 
Accounts payable
3.3

Other noncurrent liabilities
0.1

Total liabilities assumed
$
3.4

Goodwill
323.9

Net consideration transferred (including preliminary working capital adjustments)
$
1,284.4


(a)
Represents customer relationships having an average amortization period of 35 years.
Total Cash Paid and Liabilities Incurred
Total cash paid and liabilities incurred in connection with these acquisitions were as follows:
 
 
2019
 
2018
 
2017
 
 
UGI International
 
Midstream & Marketing
 
AmeriGas Propane
 
UGI International
 
AmeriGas Propane
 
UGI International
Total cash paid
 
$
49.3

 
$
15.0

 
$
10.1

 
$
121.9

 
$
36.8

 
$
99.7

Liabilities incurred (a)
 

 

 
2.7

 

 
10.8

 
20.6

Total purchase price
 
$
49.3

 
$
15.0

 
$
12.8

 
$
121.9

 
$
47.6

 
$
120.3

(a)
UGI International Fiscal 2017 amount includes note payable to seller. AmeriGas Propane amounts principally comprise amounts payable under noncompete agreements.