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Revenue from Contracts with Customers
9 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customers
Note 4 — Revenue from Contracts with Customers

The Company recognizes revenue when control of promised goods or services is transferred to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. See Note 4 in the Company’s 2019 Annual Report for additional information on our revenues from contracts with customers.

Revenue Disaggregation
The following tables present our disaggregated revenues by reportable segment for the three and nine months ended June 30, 2020 and 2019:
Three Months Ended June 30, 2020 Total  Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$103.3  $—  $—  $—  $—  $103.3  $—  
Commercial & Industrial29.9  —  —  —  —  29.9  —  
Large delivery service30.5  —  —  —  —  30.5  —  
Off-system sales and capacity releases4.9  (6.9) —  —  —  11.8  —  
Other2.5  (0.6) —  —  —  3.1  —  
Total Utility171.1  (7.5) —  —  —  178.6  —  
Non-Utility:
LPG:
Retail622.0  —  371.4  250.6  —  —  —  
Wholesale32.4  —  10.3  22.1  —  —  —  
Energy Marketing222.9  (15.7) —  80.2  158.4  —  —  
Midstream:
Pipeline39.7  —  —  —  39.7  —  —  
Peaking(1.1) (4.6) —  —  3.5  —  —  
Other2.0  —  —  —  2.0  —  —  
Electricity Generation6.5  —  —  —  6.5  —  —  
Other75.5  (0.5) 53.2  13.8  9.0  —  —  
Total Non-Utility999.9  (20.8) 434.9  366.7  219.1  —  —  
Total revenues from contracts with customers1,171.0  (28.3) 434.9  366.7  219.1  178.6  —  
Other revenues (b)28.3  (0.7) 16.0  4.8  3.4  0.5  4.3  
Total revenues $1,199.3  $(29.0) $450.9  $371.5  $222.5  $179.1  $4.3  
Three Months Ended June 30, 2019 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$78.1  $—  $—  $—  $—  $78.1  $—  
Commercial & Industrial34.2  —  —  —  —  34.2  —  
Large delivery service27.8  —  —  —  —  27.8  —  
Off-system sales and capacity releases4.0  (10.1) —  —  —  14.1  —  
Other (c)8.3  (0.8) —  —  —  9.1  —  
Total Utility152.4  (10.9) —  —  —  163.3  —  
Non-Utility:
LPG:
Retail754.1  —  405.9  348.2  —  —  —  
Wholesale44.5  —  8.8  35.7  —  —  —  
Energy Marketing274.8  (23.7) —  80.4  218.1  —  —  
Midstream:
Pipeline17.6  —  —  —  17.6  —  —  
Peaking3.2  (3.2) —  —  6.4  —  —  
Other0.1  —  —  —  0.1  —  —  
Electricity Generation8.9  —  —  —  8.9  —  —  
Other76.2  (1.1) 48.2  14.6  14.5  —  —  
Total Non-Utility1,179.4  (28.0) 462.9  478.9  265.6  —  —  
Total revenues from contracts with customers1,331.8  (38.9) 462.9  478.9  265.6  163.3  —  
Other revenues (b)31.9  (0.7) 15.8  7.7  1.7  0.6  6.8  
Total revenues$1,363.7  $(39.6) $478.7  $486.6  $267.3  $163.9  $6.8  
Nine Months Ended June 30, 2020 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$498.9  $—  $—  $—  $—  $498.9  $—  
Commercial & Industrial192.9  —  —  —  —  192.9  —  
Large delivery service113.2  —  —  —  —  113.2  —  
Off-system sales and capacity releases44.1  (36.9) —  —  —  81.0  —  
Other11.4  (1.8) —  —  —  13.2  —  
Total Utility860.5  (38.7) —  —  —  899.2  —  
Non-Utility:
LPG:
Retail2,910.7  —  1,714.8  1,195.9  —  —  —  
Wholesale172.2  —  51.1  121.1  —  —  —  
Energy Marketing1,004.9  (63.6) —  348.6  719.9  —  —  
Midstream:
Pipeline128.0  —  —  —  128.0  —  —  
Peaking5.6  (96.6) —  —  102.2  —  —  
Other5.5  —  —  —  5.5  —  —  
Electricity Generation23.1  —  —  —  23.1  —  —  
Other238.2  (2.1) 168.3  43.5  28.5  —  —  
Total Non-Utility4,488.2  (162.3) 1,934.2  1,709.1  1,007.2  —  —  
Total revenues from contracts with customers5,348.7  (201.0) 1,934.2  1,709.1  1,007.2  899.2  —  
Other revenues (b)86.1  (2.2) 49.1  17.2  10.0  1.8  10.2  
Total revenues$5,434.8  $(203.2) $1,983.3  $1,726.3  $1,017.2  $901.0  $10.2  
Nine Months Ended June 30, 2019 Total Eliminations
(a)
 AmeriGas Propane  UGI International  Midstream & Marketing UGI Utilities Corporate & Other
Revenues from contracts with customers:
Utility:
Core Market:
Residential$494.1  $—  $—  $—  $—  $494.1  $—  
Commercial & Industrial202.5  —  —  —  —  202.5  —  
Large delivery service111.4  —  —  —  —  111.4  —  
Off-system sales and capacity releases41.1  (57.5) —  —  —  98.6  —  
Other (c)5.5  (2.3) —  —  —  7.8  —  
Total Utility854.6  (59.8) —  —  —  914.4  —  
Non-Utility:
LPG:
Retail3,389.4  —  2,002.4  1,387.0  —  —  —  
Wholesale198.3  —  55.0  143.3  —  —  —  
Energy Marketing1,295.8  (117.6) —  386.2  1,027.2  —  —  
Midstream:
Pipeline59.4  —  —  —  59.4  —  —  
Peaking13.3  (93.6) —  —  106.9  —  —  
Other1.8  —  —  —  1.8  —  —  
Electricity Generation32.2  —  —  —  32.2  —  —  
Other239.7  (2.5) 165.9  39.7  36.6  —  —  
Total Non-Utility5,229.9  (213.7) 2,223.3  1,956.2  1,264.1  —  —  
Total revenues from contracts with customers6,084.5  (273.5) 2,223.3  1,956.2  1,264.1  914.4  —  
Other revenues (b)85.5  (2.5) 47.2  24.3  5.0  1.8  9.7  
Total revenues$6,170.0  $(276.0) $2,270.5  $1,980.5  $1,269.1  $916.2  $9.7  

(a)Includes intersegment revenues principally among Midstream & Marketing, UGI Utilities and AmeriGas Propane.
(b)Primarily represents revenues from tank rentals at AmeriGas Propane and UGI International, revenues from certain gathering assets at Midstream & Marketing, and gains and losses on commodity derivative instruments not associated with current-period transactions reflected in Corporate & Other, none of which are within the scope of ASC 606 and are accounted for in accordance with other GAAP.
(c)UGI Utilities includes an unallocated negative surcharge revenue increase (reduction) of $3.3 and $(11.3) for the three and nine months ended June 30, 2019, respectively, as a result of a PAPUC Order issued May 17, 2018, related to the TCJA.

Contract Balances
The timing of revenue recognition may differ from the timing of invoicing to customers or cash receipts. Contract assets represent our right to consideration after the performance obligations have been satisfied when such right is conditioned on something other than the passage of time. Contract assets were not material for all periods presented. Substantially all of our receivables are unconditional rights to consideration and are included in “Accounts receivable” and, in the case of UGI Utilities, “Accrued utility revenues” on the Condensed Consolidated Balance Sheets. Amounts billed are generally due within the following month.
Contract liabilities arise when payment from a customer is received before the performance obligations have been satisfied and represent the Company’s obligations to transfer goods or services to a customer for which we have received consideration. The balances of contract liabilities were $76.5, $114.1 and $75.0 at June 30, 2020, September 30, 2019 and June 30, 2019, respectively, and are included in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated
Balance Sheets. Revenues recognized for the nine months ended June 30, 2020 and 2019, from the amounts included in contract liabilities at September 30, 2019 and October 1, 2018, were $87.9 and $89.3, respectively.

Remaining Performance Obligations
The Company has elected to use practical expedients as allowed in ASC 606 to exclude disclosures related to the aggregate amount of the transaction price allocated to certain performance obligations that are unsatisfied as of the end of the reporting period because these contracts have an initial expected term of one year or less, or we have a right to bill the customer in an amount that corresponds directly with the value of services provided to the customer to date. Certain contracts with customers at Midstream & Marketing and UGI Utilities contain minimum future performance obligations through 2047 and 2053, respectively. At June 30, 2020, Midstream & Marketing and UGI Utilities expect to record approximately $1.9 billion and $0.2 billion of revenues, respectively, related to the minimum future performance obligations over the remaining terms of the related contracts.