XML 155 R135.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information - Schedule of Segment Reporting (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Segment Reporting Information [Line Items]                      
Revenues $ 1,124 $ 1,199 $ 2,229 $ 2,007 $ 1,150 $ 1,364 $ 2,606 $ 2,200 $ 6,559 $ 7,320 $ 7,651
Cost of sales                 3,149 4,323 4,075
Operating income (loss) 69 174 362 377 (99) 9 539 168 982 617 1,065
Income (loss) from equity investees                 27 9 4
Loss on extinguishments of debt       (4)         0 (6)  
Other non-operating (expense) income, net                 (20) 39 16
Earnings (losses) before interest expense and income taxes                 989 659 1,085
Interest expense                 (322) (258) (230)
Income tax (expense) benefit                 (135) (93) (33)
Noncontrolling interests’ net (income) loss                 0 (52) (103)
Net income attributable to UGI Corporation 9 $ 85 $ 226 $ 212 (52) $ (2) $ 246 $ 64 532 256 719
Depreciation and amortization                 484 448 455
Total assets 13,985       13,347       13,985 13,347 11,981
Short-term borrowings 347       796       347 796 425
Capital expenditures (including the effects of accruals)                 665 707 597
Investments in equity investees 200       190       200 190 88
Eliminations                      
Segment Reporting Information [Line Items]                      
Revenues                 (232) (306) (371)
Cost of sales                 (229) (301) (367)
Operating income (loss)                 0 0 1
Income (loss) from equity investees                 0 0 0
Loss on extinguishments of debt                   0  
Other non-operating (expense) income, net                 0 (1) (1)
Earnings (losses) before interest expense and income taxes                 0 (1) 0
Interest expense                 0 0 0
Income tax (expense) benefit                   0 (1)
Noncontrolling interests’ net (income) loss                   0 0
Net income attributable to UGI Corporation                 0 (1) (1)
Depreciation and amortization                 0 0 0
Total assets (282)       (353)       (282) (353) (125)
Short-term borrowings 0       0       0 0 0
Capital expenditures (including the effects of accruals)                 0 0 0
Investments in equity investees 0       0       0 0 0
Eliminations | AmeriGas Propane                      
Segment Reporting Information [Line Items]                      
Revenues                 0 0 0
Eliminations | UGI International                      
Segment Reporting Information [Line Items]                      
Revenues                 0 0 0
Eliminations | Midstream & Marketing                      
Segment Reporting Information [Line Items]                      
Revenues                 182 235 273
Eliminations | UGI Utilities                      
Segment Reporting Information [Line Items]                      
Revenues                 47 68 94
Operating Segments | AmeriGas Propane                      
Segment Reporting Information [Line Items]                      
Revenues                 2,381 2,682 2,823
Cost of sales                 960 1,191 1,315
Operating income (loss)                 373 404 422
Income (loss) from equity investees                 0 0 0
Loss on extinguishments of debt                   0  
Other non-operating (expense) income, net                 0 0 0
Earnings (losses) before interest expense and income taxes                 373 404 422
Interest expense                 (164) (167) (163)
Income tax (expense) benefit                 (53) (26) (31)
Noncontrolling interests’ net (income) loss                   (143) (152)
Net income attributable to UGI Corporation                 156 68 76
Depreciation and amortization                 178 179 186
Total assets 4,327       4,095       4,327 4,095 3,934
Short-term borrowings 186       328       186 328 232
Capital expenditures (including the effects of accruals)                 135 107 101
Investments in equity investees 0       0       0 0 0
Operating Segments | UGI International                      
Segment Reporting Information [Line Items]                      
Revenues                 2,127 2,372 2,684
Cost of sales                 1,191 1,416 1,620
Operating income (loss)                 241 229 248
Income (loss) from equity investees                 0 0 (1)
Loss on extinguishments of debt                   0  
Other non-operating (expense) income, net                 18 5 (7)
Earnings (losses) before interest expense and income taxes                 259 234 240
Interest expense                 (31) (25) (21)
Income tax (expense) benefit                 (55) (64) (69)
Noncontrolling interests’ net (income) loss                   0 3
Net income attributable to UGI Corporation                 173 145 153
Depreciation and amortization                 125 124 141
Total assets 3,123       2,975       3,123 2,975 3,279
Short-term borrowings 1       211       1 211 1
Capital expenditures (including the effects of accruals)                 89 106 111
Investments in equity investees 10       12       10 12 13
Operating Segments | Midstream & Marketing                      
Segment Reporting Information [Line Items]                      
Revenues                 1,247 1,516  
Revenues from external customers                 1,065 1,281 1,149
Cost of sales                 892 1,241 1,091
Operating income (loss)                 140 105 175
Income (loss) from equity investees                 27 9 5
Loss on extinguishments of debt                   0  
Other non-operating (expense) income, net                 1 0 (1)
Earnings (losses) before interest expense and income taxes                 168 114 179
Interest expense                 (42) (9) (2)
Income tax (expense) benefit                 (34) (27) (50)
Noncontrolling interests’ net (income) loss                   0 0
Net income attributable to UGI Corporation                 92 78 127
Depreciation and amortization                 75 51 43
Total assets 2,775       2,745       2,775 2,745 1,329
Short-term borrowings 19       91       19 91 2
Capital expenditures (including the effects of accruals)                 93 138 43
Investments in equity investees 190       178       190 178 75
Operating Segments | UGI Utilities                      
Segment Reporting Information [Line Items]                      
Revenues                 1,030 1,049  
Revenues from external customers                 983 981 998
Cost of sales                 448 481 523
Operating income (loss)                 229 224 240
Income (loss) from equity investees                 0 0 0
Loss on extinguishments of debt                   0  
Other non-operating (expense) income, net                 0 2 (2)
Earnings (losses) before interest expense and income taxes                 229 226 238
Interest expense                 (54) (50) (43)
Income tax (expense) benefit                 (39) (43) (54)
Noncontrolling interests’ net (income) loss                   0 0
Net income attributable to UGI Corporation                 136 133 141
Depreciation and amortization                 105 93 85
Total assets 3,809       3,560       3,809 3,560 3,266
Short-term borrowings 141       166       141 166 190
Capital expenditures (including the effects of accruals)                 348 355 339
Investments in equity investees 0       0       0 0 0
Corporate & Other                      
Segment Reporting Information [Line Items]                      
Revenues                 6 7  
Revenues from external customers                 3 4 (3)
Cost of sales                 (113) 295 (107)
Operating income (loss)                 (1) (345) (21)
Income (loss) from equity investees                 0 0 0
Loss on extinguishments of debt                   (6)  
Other non-operating (expense) income, net                 (39) 33 27
Earnings (losses) before interest expense and income taxes                 (40) (318) 6
Interest expense                 (31) (7) (1)
Income tax (expense) benefit                 46 67 172
Noncontrolling interests’ net (income) loss                   91 46
Net income attributable to UGI Corporation                 (25) (167) 223
Depreciation and amortization                 1 1 0
Total assets 233       325       233 325 298
Short-term borrowings 0       0       0 0 0
Capital expenditures (including the effects of accruals)                 0 1 3
Investments in equity investees $ 0       $ 0       0 0 0
Corporate & Other | AmeriGas Propane                      
Segment Reporting Information [Line Items]                      
Loss on extinguishments of debt                   0  
Corporate & Other | UGI International                      
Segment Reporting Information [Line Items]                      
Loss on extinguishments of debt                   (6)  
Corporate & Other | Midstream & Marketing                      
Segment Reporting Information [Line Items]                      
Loss on extinguishments of debt                   0  
Corporate, Intersegment Eliminations & Other                      
Segment Reporting Information [Line Items]                      
Revenues                 $ 3 $ 3 $ 4