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Segment Information
 3 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information
Note 14 — Segment Information

Our operations comprise four reportable segments generally based upon products or services sold, geographic location and regulatory environment: (1) AmeriGas Propane; (2) UGI International; (3) Midstream & Marketing; and (4) Utilities.

Corporate & Other includes certain items that are excluded from our CODM’s assessment of segment performance (see below for further details on these items). Corporate & Other also includes the net expenses of UGI’s captive general liability insurance company, UGI’s corporate headquarters facility and UGI’s unallocated corporate and general expenses as well as interest expense on UGI debt that is not allocated. Corporate & Other assets principally comprise cash and cash equivalents of UGI and its captive insurance company, and UGI corporate headquarters’ assets. The accounting policies of our reportable segments are the same as those described in Note 2, “Summary of Significant Accounting Policies,” in the Company’s 2022 Annual Report.
Three Months Ended December 31, 2022TotalEliminationsAmeriGas
Propane		UGI InternationalMidstream & MarketingUtilitiesCorporate
& Other (a)
Revenues from external customers$2,759 $— $766 $877 $554 $559 $3 
Intersegment revenues$— $(149)(b)$— $— $115 $33 $1 
Cost of sales$3,106 $(149)(b)$386 $662 $514 $329 $1,364 
Operating (loss) income$(1,204)$1  $110 $56 $106 $126 $(1,603)
Income from equity investees1 —  — — 1 — — 
Other non-operating (loss) income, net(28)— — 10 — 2 (40)
(Loss) earnings before interest expense and income taxes(1,231)1 110 66 107 128 (1,643)
Interest expense(92)—  (43)(7)(11)(21)(10)
(Loss) income before income taxes$(1,323)$1  $67 $59 $96 $107 $(1,653)
Depreciation and amortization$131 $—  $44 $28 $21 $37 $1 
Capital expenditures (including the effects of accruals)$178 $— $23 $27 $11 $117 $— 
As of December 31, 2022
Total assets$17,128 $(252)$4,331 $3,889 $3,298 $5,680 $182 
Three Months Ended December 31, 2021TotalEliminationsAmeriGas
Propane		UGI InternationalMidstream & MarketingUtilitiesCorporate
& Other (a)
Revenues from external customers$2,673 $— $778 $1,049 $441 $396 $9 
Intersegment revenues$— $(118)(b)$— $— $94 $23 $1 
Cost of sales$2,120 $(117)(b)$418 $793 $413 $200 $413 
Operating (loss) income$(68)$—  $86 $78 $74 $96 $(402)
Income from equity investees8 —  — — 8 — — 
Loss on extinguishments of debt(11)— — — — — (11)
Other non-operating income, net10 — — 4 — 2 4 
(Loss) earnings before interest expense and income taxes(61)— 86 82 82 98 (409)
Interest expense(81)—  (41)(7)(10)(16)(7)
(Loss) income before income taxes$(142)$—  $45 $75 $72 $82 $(416)
Depreciation and amortization$129 $—  $44 $31 $19 $35 $— 
Capital expenditures (including the effects of accruals)$175 $— $35 $23 $6 $111 $— 
As of December 31, 2021
Total assets$16,800 $(269)$4,614 $4,197 $2,999 $5,071 $188 

(a)Corporate & Other includes specific items attributable to our reportable segments that are not included in the segment profit measures used by our CODM in assessing our reportable segments’ performance or allocating resources. The following table presents such pre-tax gains (losses) which have been included in Corporate & Other, and the reportable segments to which they relate:
Three Months Ended December 31, 2022Location on Income StatementAmeriGas PropaneUGI InternationalMidstream & Marketing
Net gains on commodity derivative instruments not associated with current-period transactionsRevenues$— $2 $2 
Net losses on commodity derivative instruments not associated with current-period transactionsCost of sales $(12)$(1,169)$(183)
Net gains on commodity derivative instruments not associated with current-period transactionsOther operating income, net$— $(2)$— 
Unrealized losses on foreign currency derivative instrumentsOther non-operating (expense) income, net$— $(40)$— 
AmeriGas operations enhancement for growth projectOperating and administrative expenses$(7)$— $— 
Loss on disposal of U.K. energy marketing businessLoss on disposal of U.K. energy marketing business$— $(215)$— 
Impairment of assetsOperating and administrative expenses$— $(19)$— 
Three Months Ended December 31, 2021Location on Income StatementAmeriGas PropaneUGI InternationalMidstream & Marketing
Net gains on commodity derivative instruments not associated with current-period transactionsRevenues$— $3 $7 
Net losses on commodity derivative instruments not associated with current-period transactionsCost of sales $(69)$(212)$(132)
Unrealized gain on foreign currency derivative instrumentsOther non-operating (expense) income, net$— $6 $— 
Loss on extinguishment of debtLoss on extinguishment of debt$— $(11)$— 

(b)Represents the elimination of intersegment transactions principally among Midstream & Marketing, Utilities and AmeriGas Propane.