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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Current assets:      
Cash and cash equivalents $ 321 $ 405 $ 718
Restricted cash 82 64 55
Accounts receivable (less allowances for doubtful accounts of $80, $64 and $70, respectively) 1,487 1,127 1,690
Accrued utility revenues 94 23 77
Income taxes receivable 36 128 128
Inventories 433 665 398
Derivative instruments 110 865 877
Held for sale assets 8 295 0
Prepaid expenses and other current assets 189 230 211
Total current assets 2,760 3,802 4,154
Property, plant and equipment, (less accumulated depreciation of $4,427, $4,166 and $4,117, respectively) 8,255 8,040 7,812
Goodwill 3,709 3,612 3,722
Intangible assets, net 472 500 545
Utility regulatory assets 314 301 372
Derivative instruments 67 565 340
Other assets 852 755 832
Total assets 16,429 17,575 17,777
Current liabilities:      
Current maturities of long-term debt 62 149 130
Short-term borrowings 453 368 447
Accounts payable 757 891 915
Derivative instruments 117 144 69
Held for sale liabilities 0 19 0
Other current liabilities 884 873 938
Total current liabilities 2,273 2,444 2,499
Long-term debt 6,702 6,483 6,390
Deferred income taxes 958 1,305 1,306
Derivative instruments 48 50 40
Other noncurrent liabilities 1,234 1,219 1,332
Total liabilities 11,215 11,501 11,567
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) 167 162 161
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 210,730,077, 210,560,494 and 210,127,957 shares, respectively) 1,492 1,483 1,465
Retained earnings 3,842 4,841 4,757
Accumulated other comprehensive loss (241) (380) (178)
Treasury stock, at cost (55) (40) (5)
Total UGI Corporation stockholders’ equity 5,205 6,066 6,200
Noncontrolling interests 9 8 10
Total equity 5,214 6,074 6,210
Total liabilities and equity $ 16,429 $ 17,575 $ 17,777