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Common Stock and Equity-Based Compensation (Tables)
 12 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Common Stock Share Activity
UGI Common Stock share activity for Fiscal 2020, Fiscal 2019 and Fiscal 2018 is as follows:
IssuedTreasuryOutstanding
Balance at September 30, 2017173,987,691 (843,954)173,143,737 
Issued: 
Employee and director plans155,306 1,804,712 1,960,018 
Repurchases of common stock— (1,200,000)(1,200,000)
Reacquired common stock – employee and director plans— (154,780)(154,780)
Balance at September 30, 2018174,142,997 (394,022)173,748,975 
Issued:   
Employee and director plans548,285 430,847 979,132 
AmeriGas Merger34,612,847 — 34,612,847 
Sale of reacquired common stock— 15,759 15,759 
Repurchases of common stock— (300,000)(300,000)
Reacquired common stock – employee and director plans— (51,924)(51,924)
Balance at September 30, 2019209,304,129 (299,340)209,004,789 
Issued:   
Employee and director plans209,915 180,050 389,965 
Repurchases of common stock— (950,000)(950,000)
Reacquired common stock – employee and director plans— (90,316)(90,316)
Balance at September 30, 2020209,514,044 (1,159,606)208,354,438 
Stock Option Awards Stock option transactions under equity-based compensation plans during Fiscal 2020, Fiscal 2019 and Fiscal 2018 are as follows:
SharesWeighted -
Average
Option Price		Total
Intrinsic
Value		Weighted -
Average
Contract Term
(Years)
Shares under option — September 30, 20178,781,748 $30.20 $147 6.3
Granted1,401,400 $47.85   
Canceled(152,017)$42.14   
Expired(1,666)$35.80 
Exercised(1,832,396)$26.00 $45  
Shares under option — September 30, 20188,197,069 $33.93 $177 6.2
Granted1,197,100 $53.27   
Canceled(123,012)$48.69   
Expired(13,699)$47.49 
Exercised(779,353)$25.75 $23  
Shares under option — September 30, 20198,478,105 $37.18 $115 5.9
Granted1,893,700 $43.20   
Canceled(57,668)$49.69   
Expired(93,728)$37.81 
Exercised(230,875)$22.65 $3  
Shares under option — September 30, 20209,989,534 $38.58 $26 5.8
Options exercisable — September 30, 20185,498,330 $28.63   
Options exercisable — September 30, 20195,963,530 $32.02 
Options exercisable — September 30, 20206,898,251 $35.06 $26 4.5
Options not exercisable — September 30, 20203,091,283 $46.45 $— 8.6
Additional Information Relating to Stock Options Outstanding and Exercisable
The following table presents additional information relating to stock options outstanding and exercisable at September 30, 2020:
 Range of exercise prices
 
Under
$30.00
$30.00 –
$35.00
$35.01 –
$40.00
$40.01 – $45.00
Over $45.01
Options outstanding at September 30, 2020:    
Number of options2,672,041 1,297,358 858,565 177,947 4,983,623 
Weighted average remaining contractual life (in years)2.25.94.27.97.8
Weighted average exercise price$23.46 $33.30 $37.82 $44.07 $48.00 
Options exercisable at September 30, 2020:    
Number of options2,669,481 1,041,488 858,565 172,497 2,156,220 
Weighted average exercise price$23.45 $33.65 $37.82 $44.12 $48.28 
Assumptions Used for Valuing Option Grants
The assumptions we used for valuing option grants during Fiscal 2020, Fiscal 2019 and Fiscal 2018 are as follows:
202020192018
Expected life of option6 years6 years6 years
Weighted-average volatility19.6%17.2%17.5%
Weighted-average dividend yield3.0%1.8%2.1%
Expected volatility19.6%17.2%17.5%
Expected dividend yield3.0%1.8%2.1%
Risk free rate
0.3% - 1.7%
1.5% - 2.6%
2.2% - 2.9%
Weighted Average Assumptions Used to Determine the Fair Value of UGI Performance Unit Awards and Related Compensation Costs
The following table summarizes the weighted-average assumptions used to determine the fair value of UGI Performance Unit awards and related compensation costs:
 Grants Awarded in Fiscal Year
 202020192018
Risk free rate1.6%2.5%2.0%
Expected life3 years3 years3 years
Expected volatility18.6%17.7%18.9%
Dividend yield2.9%1.9%2.1%
UGI Performance Unit Award Activity
The following table summarizes UGI Unit award activity for Fiscal 2020:

UGI Units		Weighted-Average
Grant-Date Fair Value
(per Unit)
Total UGI Units at September 30, 2019 (a)893,820 $36.39 
UGI Performance Units:  
Granted222,410 $41.85 
Forfeited(13,734)$40.01 
Performance criteria not met(121,948)$46.76 
UGI Stock Units:  
Granted (b)77,951 $40.38 
Unit awards paid(227,225)$24.31 
Total UGI Units at September 30, 2020 (a)831,274 $39.95 
(a)Total UGI Units includes UGI Stock Units issued to non-employee directors, which vest on the grant date, and UGI Performance Units and UGI Stock Units issued to retirement-eligible employees that vest on an accelerated basis. Total vested restricted units at September 30, 2020 and 2019 were 441,498 and 616,319, respectively.
(b)Generally, shares granted under UGI Stock Unit awards are paid approximately 70% in shares. UGI Stock Unit awards granted in Fiscal 2019 and Fiscal 2018 were 29,784 and 52,314, respectively.
Schedule of Payment for UGI Performance Unit and UGI Stock Unit Awards in Shares and Cash
During Fiscal 2020, Fiscal 2019 and Fiscal 2018, the Company paid UGI Performance Unit and UGI Stock Unit awards in shares and cash as follows:
202020192018
UGI Performance Unit awards:   
Number of original awards granted, net of forfeitures121,948 144,521 136,621 
Performance period beginning January 1:201720162015
Payment of awards:   
Shares of UGI Common Stock issued, net of shares withheld for taxes— 116,950 69,680 
Cash paid$— $10 $2 
UGI Stock Unit awards:   
Number of original awards granted, net of forfeitures227,721 50,985 39,680 
Payment of awards:   
Shares of UGI Common Stock issued, net of shares withheld for taxes148,477 43,479 29,095 
Cash paid$3 $1 $1