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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Sep. 30, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 670 $ 855 $ 545
Restricted cash 14 22 31
Accounts receivable (less allowances for doubtful accounts of $66, $53 and $51, respectively) 1,234 880 848
Accrued utility revenues 19 15 8
Income taxes receivable 127 128 128
Inventories 496 469 296
Derivative instruments 773 665 350
Prepaid expenses and other current assets 176 236 171
Total current assets 3,509 3,270 2,377
Property, plant and equipment, (less accumulated depreciation of $4,160, $3,950 and $3,923, respectively) 7,839 7,558 7,085
Goodwill 3,671 3,770 3,543
Intangible assets, net 523 583 624
Utility regulatory assets 352 373 389
Derivative instruments 410 338 129
Other assets 807 831 859
Total assets 17,111 16,723 15,006
Current liabilities:      
Current maturities of long-term debt 47 110 36
Short-term borrowings 276 367 207
Accounts payable 843 837 579
Derivative instruments 70 60 67
Other current liabilities 832 923 812
Total current liabilities 2,068 2,297 1,701
Long-term debt 6,399 6,339 5,811
Deferred income taxes 1,291 1,137 919
Derivative instruments 54 38 49
Other noncurrent liabilities 1,294 1,381 1,420
Total liabilities 11,106 11,192 9,900
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 220,000 Series A shares, respectively) 162 213 213
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 210,378,881, 209,843,296 and 209,725,554 shares, respectively) 1,474 1,394 1,388
Retained earnings 4,674 4,081 3,629
Accumulated other comprehensive loss (273) (140) (105)
Treasury stock, at cost (41) (26) (28)
Total UGI Corporation stockholders’ equity 5,996 5,522 5,097
Noncontrolling interests 9 9 9
Total equity 6,005 5,531 5,106
Total liabilities and equity $ 17,111 $ 16,723 $ 15,006