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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) - USD ($)
$ in Millions
Total
Total UGI stockholders’ equity
Preferred stock, without par value
Preferred stock, without par value
Cumulative effect of change in accounting - ASU 2020-06 (Note 3)
Common stock, without par value
Common stock, without par value
Cumulative effect of change in accounting - ASU 2020-06 (Note 3)
Retained earnings
Retained earnings
Cumulative effect of change in accounting - ASU 2020-06 (Note 3)
Accumulated other comprehensive income (loss)
Treasury stock
Noncontrolling interests
Balance, beginning of period at Sep. 30, 2021     $ 213   $ 1,394   $ 4,081   $ (140) $ (26) $ 9
Increase (Decrease) in Stockholders' Equity                      
Other     (52)   53           (1)
Common Stock issued in connection with employee and director plans, net of tax withheld         8            
Equity-based compensation expense         10            
Losses on common stock transactions in connection with employee and director plans             (15)        
Net income (loss) attributable to UGI Corporation $ 836           836        
Cash dividends on UGI Common Stock ($0.36, $0.345, $0.72 and $0.69, respectively)             (145)        
Net (losses) gains on derivative instruments 34               34    
Reclassification of net (gains) losses on derivative instruments 10               10    
Benefit plans 3               3    
Foreign currency adjustments (85)               (85)    
Common Stock issued in connection with employee and director plans, net of tax withheld                   30  
Reacquired UGI Common Stock - employee and director plans                   (9)  
Net income attributable to noncontrolling interests 838                   2
Balance, end of period at Mar. 31, 2022 6,210 $ 6,200 161   1,465   4,757   (178) (5) 10
Balance, beginning of period at Dec. 31, 2021     214   1,402   3,908   (156) (19) 10
Increase (Decrease) in Stockholders' Equity                      
Other     (53)   53           (1)
Common Stock issued in connection with employee and director plans, net of tax withheld         3            
Equity-based compensation expense         7            
Losses on common stock transactions in connection with employee and director plans             (11)        
Net income (loss) attributable to UGI Corporation 933           933        
Cash dividends on UGI Common Stock ($0.36, $0.345, $0.72 and $0.69, respectively)             (73)        
Net (losses) gains on derivative instruments 24               24    
Reclassification of net (gains) losses on derivative instruments 6               6    
Benefit plans 1               1    
Foreign currency adjustments (53)               (53)    
Common Stock issued in connection with employee and director plans, net of tax withheld                   23  
Reacquired UGI Common Stock - employee and director plans                   (9)  
Net income attributable to noncontrolling interests 934                   1
Balance, end of period at Mar. 31, 2022 6,210 6,200 161   1,465   4,757   (178) (5) 10
Balance, beginning of period at Sep. 30, 2022 6,074   162 $ 5 1,483 $ (6) 4,841 $ 1 (380) (40) 8
Increase (Decrease) in Stockholders' Equity                      
Other                     1
Common Stock issued in connection with employee and director plans, net of tax withheld         6            
Equity-based compensation expense         9            
Losses on common stock transactions in connection with employee and director plans             (5)        
Net income (loss) attributable to UGI Corporation (844)           (844)        
Cash dividends on UGI Common Stock ($0.36, $0.345, $0.72 and $0.69, respectively)             (151)        
Net (losses) gains on derivative instruments (12)               (12)    
Reclassification of net (gains) losses on derivative instruments (10)               (10)    
Benefit plans 0                    
Foreign currency adjustments 161               161    
Common Stock issued in connection with employee and director plans, net of tax withheld                   7  
Repurchases of UGI Common Stock                   (22)  
Net income attributable to noncontrolling interests (844)                    
Balance, end of period at Mar. 31, 2023 5,214 5,205 167   1,492   3,842   (241) (55) 9
Balance, beginning of period at Dec. 31, 2022     167   1,482   3,808   (231) (46) 8
Increase (Decrease) in Stockholders' Equity                      
Other                     1
Common Stock issued in connection with employee and director plans, net of tax withheld         4            
Equity-based compensation expense         6            
Losses on common stock transactions in connection with employee and director plans             (1)        
Net income (loss) attributable to UGI Corporation 110           110        
Cash dividends on UGI Common Stock ($0.36, $0.345, $0.72 and $0.69, respectively)             (75)        
Net (losses) gains on derivative instruments (15)               (15)    
Reclassification of net (gains) losses on derivative instruments (5)               (5)    
Benefit plans 0                    
Foreign currency adjustments 10               10    
Common Stock issued in connection with employee and director plans, net of tax withheld                   1  
Repurchases of UGI Common Stock                   (10)  
Net income attributable to noncontrolling interests 110                    
Balance, end of period at Mar. 31, 2023 $ 5,214 $ 5,205 $ 167   $ 1,492   $ 3,842   $ (241) $ (55) $ 9