XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents (including $11,215 and $11,500 of restricted cash at April 30, 2022 and July 31, 2021, respectively) $ 229,095,000 $ 281,952,000
Accounts and notes receivable, net 219,251,000 131,574,000
Inventories 100,554,000 88,379,000
Price risk management asset 78,787,000 78,001,000
Prepaid expenses and other current assets 35,363,000 39,092,000
Total current assets 663,050,000 618,998,000
Property, plant and equipment, net 594,362,000 582,118,000
Goodwill, net 251,065,000 246,946,000
Intangible assets (net of accumulated amortization of $463,034 and $432,032 at April 30, 2022 and July 31, 2021, respectively) 99,283,000 100,743,000
Operating lease right-of-use assets 77,695,000 87,611,000
Other assets, net 87,058,000 93,228,000
Total assets 1,772,513,000 1,729,644,000
Current liabilities:    
Accounts payable 80,955,000 47,913,000
Broker margin deposit liability 67,200,000 79,178,000
Current portion of long-term debt 1,979,000 1,670,000
Current operating lease liabilities 26,041,000 25,363,000
Other current liabilities 158,682,000 166,822,000
Total current liabilities 334,857,000 320,946,000
Long-term debt 1,448,830,000 1,444,890,000
Operating lease liabilities 51,650,000 74,349,000
Other liabilities 49,428,000 61,189,000
Contingencies and commitments
Mezzanine equity:    
Senior preferred units, net of issue discount and offering costs (700,000 units outstanding at April 30, 2022 and July 31, 2021) 651,349,000 651,349,000
Equity (Deficit):    
General partner (70,971,000) (72,178,000)
Accumulated other comprehensive income 76,454,000 88,866,000
Total Ferrellgas Partners, L.P. partners' deficit (756,764,000) (815,113,000)
Noncontrolling interest (6,837,000) (7,966,000)
Total deficit (763,601,000) (823,079,000)
Total liabilities, mezzanine and deficit 1,772,513,000 1,729,644,000
Class A Limited Partner Units    
Equity (Deficit):    
Limited partners (1,145,259,000) (1,214,813,000)
Class B Limited Partner Units    
Equity (Deficit):    
Limited partners 383,012,000 383,012,000
Ferrellgas Partners Finance Corp. [Member]    
Current assets:    
Cash and cash equivalents (including $11,215 and $11,500 of restricted cash at April 30, 2022 and July 31, 2021, respectively) 302,000 1,000,000
Total assets 302,000 1,000,000
Current liabilities:    
Other current liabilities 1,382,000  
Total current liabilities 1,382,000  
Contingencies and commitments
Equity (Deficit):    
Total liabilities, mezzanine and deficit 302,000 1,000,000
STOCKHOLDER'S EQUITY    
Common stock, $1.00 par value; 2,000 shares authorized; 1,000 shares issued and outstanding 1,000,000 1,000,000
Additional paid in capital 39,486,000 39,486,000
Accumulated deficit (41,566,000) (39,486,000)
Total stockholder's equity (1,080,000) 1,000,000
Ferrellgas, L.P. [Member]    
Current assets:    
Cash and cash equivalents (including $11,215 and $11,500 of restricted cash at April 30, 2022 and July 31, 2021, respectively) 228,857,000 281,688,000
Accounts and notes receivable, net 219,251,000 131,574,000
Intercompany Receivables, Current   3,900,000
Inventories 100,554,000 88,379,000
Price risk management asset 78,787,000 78,001,000
Loan receivable - Ferrellgas Partners, L.P. 19,091,000  
Prepaid expenses and other current assets 35,344,000 39,073,000
Total current assets 681,884,000 618,715,000
Property, plant and equipment, net 594,362,000 582,118,000
Goodwill, net 251,065,000 246,946,000
Intangible assets (net of accumulated amortization of $463,034 and $432,032 at April 30, 2022 and July 31, 2021, respectively) 99,283,000 100,743,000
Operating lease right-of-use assets 77,695,000 87,611,000
Loan receivable - Ferrellgas Partners, L.P.   17,001,000
Other assets, net 87,058,000 93,228,000
Total assets 1,791,347,000 1,746,362,000
Current liabilities:    
Accounts payable 80,955,000 47,913,000
Broker margin deposit liability 67,200,000 79,178,000
Current portion of long-term debt 1,979,000 1,670,000
Current operating lease liabilities 26,041,000 25,363,000
Other current liabilities 158,407,000 166,604,000
Total current liabilities 334,582,000 320,728,000
Long-term debt 1,448,830,000 1,444,890,000
Operating lease liabilities 51,650,000 74,349,000
Other liabilities 49,428,000 61,189,000
Contingencies and commitments
Mezzanine equity:    
Senior preferred units, net of issue discount and offering costs (700,000 units outstanding at April 30, 2022 and July 31, 2021) 651,349,000 651,349,000
Equity (Deficit):    
Limited partners (814,109,000) (887,043,000)
General partner (7,631,000) (8,886,000)
Accumulated other comprehensive income 77,248,000 89,786,000
Total Ferrellgas Partners, L.P. partners' deficit (744,492,000) (806,143,000)
Total deficit (744,492,000) (806,143,000)
Total liabilities, mezzanine and deficit 1,791,347,000 1,746,362,000
Ferrellgas Finance Corp. [Member]    
Current assets:    
Cash and cash equivalents (including $11,215 and $11,500 of restricted cash at April 30, 2022 and July 31, 2021, respectively) 129 1,100
Total assets 129 1,100
Current liabilities:    
Other current liabilities 1,110  
Total current liabilities 1,110  
Contingencies and commitments
Equity (Deficit):    
Total deficit (981) 1,100
Total liabilities, mezzanine and deficit 129 1,100
STOCKHOLDER'S EQUITY    
Common stock, $1.00 par value; 2,000 shares authorized; 1,000 shares issued and outstanding 1,000 1,000
Additional paid in capital 102,947 102,628
Accumulated deficit $ (104,928) $ (102,528)