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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) including noncontrolling interests $ 590 $ (844)
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization 275 263
Deferred income tax expense (benefit), net 95 (346)
Provision for uncollectible accounts 35 36
Changes in unrealized gains and losses on derivative instruments 54 1,713
Loss on disposal of UGI International energy marketing business 28 215
Settlement of Energy Services interest rate swap 0 32
Amortization of Energy Services interest rate swap settlement (11) 0
Other, net (11) 20
Net change in:    
Accounts receivable and accrued utility revenues (404) (450)
Income taxes receivable 0 91
Inventories 63 254
Utility deferred fuel and power costs, net of changes in unsettled derivatives 3 40
Accounts payable (20) (148)
Derivative instruments collateral deposits paid (38) (453)
Other current assets 19 21
Other current liabilities (37) (20)
Net cash provided by operating activities 641 424
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for property, plant and equipment (325) (414)
Acquisitions of businesses and assets, net of cash acquired 0 (9)
Investments in equity method investees (47) (63)
Settlements of net investment hedges 0 22
Other, net 19 (9)
Net cash used by investing activities (353) (473)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends on UGI Common Stock (157) (151)
Issuances of long-term debt, net of discount and issuance costs 409 1,277
Repayments of long-term debt and finance leases, including redemption premiums (245) (1,219)
(Decrease) increase in short-term borrowings (310) 53
Receivables Facility net (repayments) borrowings (10) 15
Payments on Purchase Contracts (8) (8)
Issuances of UGI Common Stock 0 9
Repurchases of UGI Common Stock 0 (22)
Net cash used by financing activities (321) (46)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 29
Cash, cash equivalents and restricted cash decrease (32) (66)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH    
Cash, cash equivalents and restricted cash at end of period 308 403
Cash, cash equivalents and restricted cash at beginning of period 340 469
Cash, cash equivalents and restricted cash decrease $ (32) $ (66)