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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 416.0 $ 336.0 $ 333.0
Restricted cash 30.0 21.0 96.0
Accounts receivable (less allowances for doubtful accounts of $46, $42 and $36, respectively) 1,030.0 652.0 1,011.0
Accrued utility revenues 61.0 14.0 80.0
Income taxes receivable 85.0 80.0 0.0
Inventories 279.0 241.0 248.0
Derivative instruments 94.0 44.0 28.0
Prepaid expenses and other current assets 185.0 155.0 151.0
Total current assets 2,180.0 1,543.0 1,947.0
Property, plant and equipment, (less accumulated depreciation of $3,822, $3,698 and $3,490, respectively) 7,054.0 6,960.0 6,784.0
Goodwill 3,564.0 3,518.0 3,483.0
Intangible assets, net 667.0 677.0 703.0
Utility regulatory assets 392.0 395.0 386.0
Derivative instruments 37.0 38.0 32.0
Other assets 831.0 854.0 951.0
Total assets 14,725.0 13,985.0 14,286.0
Current liabilities:      
Current maturities of long-term debt 21.0 53.0 28.0
Short-term borrowings 568.0 347.0 870.0
Accounts payable 637.0 475.0 598.0
Derivative instruments 43.0 64.0 113.0
Other current liabilities 828.0 816.0 782.0
Total current liabilities 2,097.0 1,755.0 2,391.0
Long-term debt 6,012.0 5,981.0 5,828.0
Deferred income taxes 693.0 640.0 563.0
Derivative instruments 56.0 59.0 47.0
Other noncurrent liabilities 1,421.0 1,413.0 1,452.0
Total liabilities 10,279.0 9,848.0 10,281.0
Commitments and contingencies (Note 7)
UGI Corporation stockholders’ equity:      
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 209,545,847, 209,514,044 and 209,310,342 shares, respectively) 1,419.0 1,416.0 1,398.0
Retained earnings 3,139.0 2,908.0 2,798.0
Accumulated other comprehensive loss (79.0) (147.0) (163.0)
Treasury stock, at cost (42.0) (49.0) (37.0)
Total UGI Corporation stockholders’ equity 4,437.0 4,128.0 3,996.0
Noncontrolling interests 9.0 9.0 9.0
Total equity 4,446.0 4,137.0 4,005.0
Total liabilities and equity $ 14,725.0 $ 13,985.0 $ 14,286.0