XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Current assets:      
Cash and cash equivalents $ 334 $ 855 $ 416
Restricted cash 24 22 30
Accounts receivable (less allowances for doubtful accounts of $57, $53 and $46, respectively) 1,461 880 1,030
Accrued utility revenues 95 15 61
Income taxes receivable 128 128 85
Inventories 548 469 279
Derivative instruments 578 665 94
Prepaid expenses and other current assets 263 236 185
Total current assets 3,431 3,270 2,180
Property, plant and equipment, (less accumulated depreciation of $4,047, $3,950 and $3,822, respectively) 7,597 7,558 7,054
Goodwill 3,748 3,770 3,564
Intangible assets, net 565 583 667
Utility regulatory assets 372 373 392
Derivative instruments 257 338 37
Other assets 830 831 831
Total assets 16,800 16,723 14,725
Current liabilities:      
Current maturities of long-term debt 123 110 21
Short-term borrowings 579 367 568
Accounts payable 973 837 637
Derivative instruments 53 60 43
Other current liabilities 853 923 828
Total current liabilities 2,581 2,297 2,097
Long-term debt 6,416 6,339 6,012
Deferred income taxes 1,060 1,137 693
Derivative instruments 33 38 56
Other noncurrent liabilities 1,351 1,381 1,421
Total liabilities 11,441 11,192 10,279
Commitments and contingencies (Note 9)
UGI Corporation stockholders’ equity:      
Preferred stock, without par value (authorized – 5,000,000 shares; issued – 220,000, 220,000 and 0 Series A shares, respectively) 214 213 0
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 210,045,726, 209,843,296 and 209,545,847 shares, respectively) 1,402 1,394 1,419
Retained earnings 3,908 4,081 3,139
Accumulated other comprehensive loss (156) (140) (79)
Treasury stock, at cost (19) (26) (42)
Total UGI Corporation stockholders’ equity 5,349 5,522 4,437
Noncontrolling interests 10 9 9
Total equity 5,359 5,531 4,446
Total liabilities and equity $ 16,800 $ 16,723 $ 14,725