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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Sep. 30, 2022
Jun. 30, 2022
Current assets:      
Cash and cash equivalents $ 260 $ 405 $ 670
Restricted cash 78 64 14
Accounts receivable (less allowances for doubtful accounts of $87, $64 and $66, respectively) 955 1,127 1,234
Accrued utility revenues 29 23 19
Income taxes receivable 36 128 127
Inventories 410 665 496
Derivative instruments 31 865 773
Held for sale assets 64 295 0
Prepaid expenses and other current assets 172 230 176
Total current assets 2,035 3,802 3,509
Property, plant and equipment, (less accumulated depreciation of $4,536, $4,166 and $4,160, respectively) 8,394 8,040 7,839
Goodwill 3,060 3,612 3,671
Intangible assets, net 460 500 523
Utility regulatory assets 310 301 352
Derivative instruments 59 565 410
Other assets 925 755 807
Total assets 15,243 17,575 17,111
Current liabilities:      
Current maturities of long-term debt 56 149 47
Short-term borrowings 481 368 276
Accounts payable 541 891 843
Derivative instruments 120 144 70
Held for sale liabilities 37 19 0
Other current liabilities 848 873 832
Total current liabilities 2,083 2,444 2,068
Long-term debt 6,579 6,483 6,399
Deferred income taxes 905 1,305 1,291
Derivative instruments 47 50 54
Other noncurrent liabilities 1,256 1,219 1,294
Total liabilities 10,870 11,501 11,106
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) 167 162 162
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 210,882,552, 210,560,494 and 210,378,881 shares, respectively) 1,500 1,483 1,474
Retained earnings 2,974 4,841 4,674
Accumulated other comprehensive loss (222) (380) (273)
Treasury stock, at cost (55) (40) (41)
Total UGI Corporation stockholders’ equity 4,364 6,066 5,996
Noncontrolling interests 9 8 9
Total equity 4,373 6,074 6,005
Total liabilities and equity $ 15,243 $ 17,575 $ 17,111