Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Oct. 31, 2022

Fair Value of Financial Derivatives Balance Sheet Locations

	Final	October 31, 2022
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2024
Commodity derivatives-propane		Price risk management asset	$	24,944	Other current liabilities	$	36,269
Commodity derivatives-propane		Other assets, net		2,670	Other liabilities		2,011
		Total	$	27,614	Total	$	38,280

	Final	July 31, 2022
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2024
Commodity derivatives-propane		Price risk management asset	$	43,015	Other current liabilities	$	11,840
Commodity derivatives-propane		Other assets, net		8,252	Other liabilities		1,120
		Total	$	51,267	Total	$	12,960

Offsetting Assets And Liabilities [Table Text Block]

	October 31, 2022
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	35,230	Broker margin deposit liability	$	20,108
	Other assets, net		3,530	Other liabilities		1,449
		$	38,760		$	21,557

	July 31, 2022
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	12,338	Broker margin deposit liability	$	32,805
	Other assets, net		4,797	Other liabilities		7,110
		$	17,135		$	39,915

Cash Flow Hedge Derivative Effect on Comprehensive Income

	For the three months ended October 31, 2022
				Amount of Gain
	Amount of Loss		Location of Gain	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(36,185)	Cost of sales - propane and other gas liquids sales	$	12,788	$	—

	For the three months ended October 31, 2021
				Amount of Gain
	Amount of Gain		Location of Gain	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	72,932	Cost of sales - propane and other gas liquids sales	$	22,610	$	—

Changes in Derivatives Included in Accumulated Other Comprehensive Income

	For the three months ended October 31,
Gains and losses on derivatives included in AOCI	2022		2021
Beginning balance	$	38,307	$	89,786
Change in value of risk management commodity derivatives		(36,185)		72,932
Reclassification of gains on commodity hedges to cost of sales - propane and other gas liquids sales, net		(12,788)		(22,610)
Ending balance	$	(10,666)	$	140,108

Ferrellgas, L.P

Changes in Derivatives Included in Accumulated Other Comprehensive Income

	For the three months ended October 31,
Gains and losses on derivatives included in AOCI	2022		2021
Beginning balance attributable to Ferrellgas Partners, L.P.	$	37,907	$	88,866
Change in value of risk management commodity derivatives		(36,185)		72,932
Reclassification of gains on commodity hedges to cost of sales - propane and other gas liquids sales, net		(12,788)		(22,610)
Less: amount attributable to noncontrolling interests		495		(509)
Ending balance attributable to Ferrellgas Partners, L.P.	$	(10,571)	$	138,679