Goodwill and Intangible Assets

12 Months Ended

Sep. 30, 2020

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, 2018	$	2,004	$	964	$	10	$	182	$	3,160
Acquisitions	—		26		330		—		356
Foreign currency translation	—		(60)		—		—		(60)
Balance September 30, 2019	2,004		930		340		182		3,456
Dispositions	—		—		(5)		—		(5)
Purchase accounting adjustments	—		(2)		—		—		(2)
Foreign currency translation	—		69		—		—		69
Balance September 30, 2020	$	2,004	$	997	$	335	$	182	$	3,518

Intangible assets comprise the following at September 30:

	2020		2019
Customer relationships	$	1,083	$	1,038
Trademarks and tradenames	12		16
Noncompete agreements and other	76		48
Accumulated amortization	(543)		(442)
Intangible assets, net (definite-lived)	628		660
Trademarks and tradenames (indefinite-lived)	49		49
Total intangible assets, net	$	677	$	709

Changes in amounts above include the effects of currency translation. Amortization expense of intangible assets was $83, $59 and $58 for Fiscal 2020, Fiscal 2019 and Fiscal 2018, respectively. Estimated amortization expense of intangible assets during the next five fiscal years is as follows: Fiscal 2021 — $76; Fiscal 2022 — $65; Fiscal 2023 — $61; Fiscal 2024 — $59; Fiscal 2025 — $57.