XML 88 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 532.6 $ 427.6 $ 197.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 362.9 363.1 315.0
Deferred income taxes, net 66.7 48.7 90.2
Provision for uncollectible accounts 43.5 30.2 26.5
Unrealized losses (gains) on derivative instruments 18.6 (0.2) (17.2)
Equity-based compensation expense 25.8 17.6 14.5
Loss on extinguishments of debt 0 0 13.3
Other, net (38.2) (41.4) (11.0)
Net change in:      
Accounts receivable and accrued utility revenues 18.1 (110.8) 65.5
Inventories (65.1) 4.6 89.2
Utility deferred fuel costs, net of changes in unsettled derivatives (17.6) 9.3 (8.2)
Accounts payable 3.7 38.7 (78.7)
Other current assets (1.2) 36.3 (12.5)
Other current liabilities 55.6 (22.2) 23.4
Net cash provided by operating activities 1,005.4 801.5 707.7
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (456.8) (486.0) (339.4)
Acquisitions of businesses, net of cash acquired (37.1) (78.9) (1,580.5)
(Increase) decrease in restricted cash (8.3) (5.3) 14.2
Other, net 14.6 16.9 1.2
Net cash used by investing activities (487.6) (553.3) (1,904.5)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends on UGI Common Stock (136.1) (125.8) (119.1)
Distributions on AmeriGas Partners publicly held Common Units (237.7) (226.5) (181.7)
Issuances of debt 174.5 227.1 1,550.2
Repayments of debt (242.6) (168.7) (299.9)
Receivables Facility net (repayments) borrowings (22.5) 30.0 (14.3)
Increase in credit agreement borrowings 5.8 32.3 41.7
Issuances of UGI Common Stock 10.9 36.4 23.2
Repurchases of UGI Common Stock (39.8) 0 0
Issuances of AmeriGas Partners Common Units 0 0 276.6
Other 11.8 9.1 1.8
Net cash (used) provided by financing activities (475.7) (186.1) 1,278.5
Effect of exchange rate changes on cash (11.9) 7.3 (0.3)
Cash and cash equivalents increase 30.2 69.4 81.4
CASH AND CASH EQUIVALENTS      
End of year 419.5 389.3 319.9
Beginning of year 389.3 319.9 238.5
Increase 30.2 69.4 81.4
Cash paid for:      
Interest 228.3 243.6 168.8
Income taxes $ 141.6 $ 60.0 $ 33.3