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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Current assets:      
Cash and cash equivalents $ 515.2 $ 502.8 $ 403.0
Restricted cash 7.9 15.6 55.5
Accounts receivable (less allowances for doubtful accounts of $29.2, $27.3 and $30.6, respectively) 917.3 551.6 803.1
Accrued utility revenues 55.6 12.8 30.8
Inventories 228.2 210.3 246.8
Utility regulatory assets 1.6 3.2 3.9
Derivative instruments 87.0 30.9 29.1
Prepaid expenses and other current assets 97.1 96.6 101.8
Total current assets 1,909.9 1,423.8 1,674.0
Property, plant and equipment, at cost (less accumulated depreciation and amortization of $3,139.8, $3,107.3 and $2,896.9, respectively) 5,244.3 5,238.0 5,012.9
Goodwill 2,935.8 2,989.0 2,965.1 [1]
Intangible assets, net 558.9 580.3 602.4
Utility regulatory assets 391.3 391.9 297.9
Derivative instruments 24.2 6.5 13.7
Other assets 236.1 217.7 183.7
Total assets 11,300.5 10,847.2 10,749.7 [1]
Current liabilities:      
Current maturities of long-term debt 48.5 29.5 186.8
Short-term borrowings 234.4 291.7 456.8 [1]
Accounts payable 573.6 391.2 423.3
Derivative instruments 16.2 48.5 123.1
Other current liabilities 702.2 681.1 721.6
Total current liabilities 1,574.9 1,442.0 1,911.6
Long-term debt 3,994.2 3,766.0 3,391.8
Deferred income taxes 1,204.7 1,216.2 1,140.4
Deferred investment tax credits 3.2 3.3 3.5
Derivative instruments 16.6 21.9 33.6
Other noncurrent liabilities 773.8 796.0 676.3
Total liabilities 7,567.4 7,245.4 7,157.2
Commitments and contingencies (Note 9)
UGI Corporation stockholders’ equity:      
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 173,903,191, 173,894,141 and 173,825,741 shares, respectively) 1,203.4 1,201.6 1,215.7
Retained earnings 2,035.4 1,840.9 1,712.3
Accumulated other comprehensive loss (216.8) (154.7) (142.9)
Treasury stock, at cost (34.3) (36.9) (65.7)
Total UGI Corporation stockholders’ equity 2,987.7 2,850.9 2,719.4
Noncontrolling interests, principally in AmeriGas Partners 745.4 750.9 873.1
Total equity 3,733.1 3,601.8 3,592.5
Total liabilities and equity $ 11,300.5 $ 10,847.2 $ 10,749.7
[1] Restated to reflect (1) the current-year changes in the presentation of our UGI International and Midstream & Marketing reportable segments and (2) the adoption of new accounting guidance related to debt issuance costs (see Note 2).