Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

3 Months Ended

Dec. 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:

	December 31, 2019		September 30, 2019		December 31, 2018
Regulatory assets:
Income taxes recoverable	$	121.2	$	115.2	$	115.2
Underfunded pension and postretirement plans	175.2		178.6		85.3
Environmental costs	57.5		59.5		58.5
Removal costs, net	26.7		28.3		31.3
Other	9.9		14.0		8.5
Total regulatory assets	$	390.5	$	395.6	$	298.8
Regulatory liabilities (a):
Postretirement benefit overcollections	$	14.1	$	14.5	$	17.3
Deferred fuel and power refunds	6.3		6.1		22.2
State tax benefits — distribution system repairs	26.3		25.0		23.5
PAPUC Temporary Rates Order	25.0		31.3		24.8
Excess federal deferred income taxes	278.1		279.5		280.9
Other	1.4		2.4		4.8
Total regulatory liabilities	$	351.2	$	358.8	$	373.5

(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:

	December 31, 2019		September 30, 2019		December 31, 2018
Regulatory assets:
Income taxes recoverable	$	121.2	$	115.2	$	115.2
Underfunded pension and postretirement plans	175.2		178.6		85.3
Environmental costs	57.5		59.5		58.5
Removal costs, net	26.7		28.3		31.3
Other	9.9		14.0		8.5
Total regulatory assets	$	390.5	$	395.6	$	298.8
Regulatory liabilities (a):
Postretirement benefit overcollections	$	14.1	$	14.5	$	17.3
Deferred fuel and power refunds	6.3		6.1		22.2
State tax benefits — distribution system repairs	26.3		25.0		23.5
PAPUC Temporary Rates Order	25.0		31.3		24.8
Excess federal deferred income taxes	278.1		279.5		280.9
Other	1.4		2.4		4.8
Total regulatory liabilities	$	351.2	$	358.8	$	373.5

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