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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income including noncontrolling interests $ 1,467 $ 532 $ 308
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:      
Depreciation and amortization 502 484 448
Deferred income tax expense (benefit), net 478 146 (43)
Provision for uncollectible accounts 36 32 29
Changes in unrealized gains and losses on derivative instruments (1,398) (81) 259
Loss on disposals of Conemaugh and HVAC 0 54 0
Equity-based compensation expense 21 15 18
Loss (income) from equity investees 63 (27) (9)
Other, net 31 21 15
Net change in:      
Accounts receivable and accrued utility revenues (233) (18) 83
Income taxes receivable (48) (80) 0
Inventories (231) (5) 84
Utility deferred fuel costs, net of changes in unsettled derivatives (22) 17 (30)
Accounts payable 366 3 (97)
Derivative instruments collateral received (paid) 472 22 (41)
Other current assets (10) 38 45
Other current liabilities (13) (51) 9
Net cash provided by operating activities 1,481 1,102 1,078
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (690) (655) (705)
Acquisitions of businesses and assets, net of cash and restricted cash acquired (397) (16) (1,362)
Investments in equity method investees 65 0 0
Other, net 39 22 12
Net cash used by investing activities (1,113) (649) (2,055)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends on UGI Common Stock (282) (273) (200)
Distributions on AmeriGas Partners publicly held Common Units 0 0 (263)
Issuances of debt, net of issuance costs 656 209 2,412
Repayments of debt and finance leases (405) (86) (738)
Receivables Facility net (repayments) borrowings (19) (27) 44
(Decrease) increase in short-term borrowings (16) (422) 327
Issuances of preferred stock, net of issuance costs 213 0 0
Issuances of UGI Common Stock 19 2 17
Repurchases of UGI Common Stock 0 (38) (17)
Cash paid for AmeriGas Merger 0 0 (529)
Other 0 0 (11)
Net cash provided (used) by financing activities 166 (635) 1,042
Effect of exchange rate changes on cash, cash equivalents and restricted cash (14) 28 (16)
Cash, cash equivalents and restricted cash increase (decrease) 520 (154) 49
CASH, CASH EQUIVALENTS AND RESTRICTED CASH      
Cash, cash equivalents and restricted cash at end of year 877 357 511
Cash, cash equivalents and restricted cash at beginning of year 357 511 462
Cash, cash equivalents and restricted cash increase (decrease) 520 (154) 49
Cash paid for:      
Interest 297 311 248
Income taxes $ 96 $ 75 $ 74