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Segment Information (Tables)
 3 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Three Months Ended
December 31, 2016
 
Total
 
Eliminations
 
AmeriGas
Propane
 
UGI International
 
Midstream & Marketing
 
UGI
Utilities
 
Corporate
& Other (b)
Revenues
 
$
1,679.5

 
$
(68.5
)
(c)
$
677.2

 
$
539.1

 
$
269.8

 
$
261.4

 
$
0.5

Cost of sales
 
$
647.4

 
$
(67.7
)
(c)
$
260.7

 
$
258.0

 
$
191.8

 
$
109.5

 
$
(104.9
)
Segment profit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
$
466.2

 
$
0.1

 
$
141.9

 
$
88.9

 
$
49.7

 
$
82.2

 
$
103.4

Loss from equity investees
 
(0.2
)
 
—

 
—

 
(0.2
)
 
—

 
—

 
—

Gains on foreign currency contracts, net
 
1.3

 
—

 
—

 
0.1

 
—

 
—

 
1.2

Loss on extinguishment of debt
 
(33.2
)
 
—

 
(33.2
)
 
—

 
—

 
—

 
—

Interest expense
 
(55.4
)
 
—

 
(40.0
)
 
(4.8
)
 
(0.6
)
 
(10.0
)
 
—

Income before income taxes
 
$
378.7

 
$
0.1

 
$
68.7

 
$
84.0

 
$
49.1

 
$
72.2

 
$
104.6

Partnership Adjusted EBITDA (a)
 

 
 
 
$
185.1

 
 
 
 
 
 
 
 
Noncontrolling interests’ net income
 
$
60.2

 
$
—

 
$
41.2

 
$
0.2

 
$
—

 
$
—

 
$
18.8

Depreciation and amortization
 
$
98.1

 
$
—

 
$
44.6

 
$
27.9

 
$
8.0

 
$
17.4

 
$
0.2

Capital expenditures (including the effects of accruals)
 
$
173.6

 
$
—

 
$
26.4

 
$
21.5

 
$
61.5

 
$
64.1

 
$
0.1

As of December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
11,300.5

 
$
(107.9
)
 
$
4,217.9

 
$
2,853.4

 
$
1,178.4

 
$
2,898.5

 
$
260.2

Short-term borrowings
 
$
234.4

 
$
—

 
$
77.5

 
$
3.5

 
$
55.0

 
$
98.4

 
$
—

Goodwill
 
$
2,935.8

 
$
—

 
$
1,978.5

 
$
763.7

 
$
11.5

 
$
182.1

 
$
—

Three Months Ended
December 31, 2015 (d)
 
Total
 
Eliminations
 
AmeriGas
Propane
 
UGI International
 
Midstream & Marketing
 
UGI
Utilities
 
Corporate
& Other (b)
Revenues
 
$
1,606.6

 
$
(42.7
)
(c)
$
644.1

 
$
578.2

 
$
226.9

 
$
198.0

 
$
2.1

Cost of sales
 
$
734.0

 
$
(41.8
)
(c)
$
243.2

 
$
302.8

 
$
154.5

 
$
75.4

 
$
(0.1
)
Segment profit:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss)
 
$
305.5

 
$
0.1

 
$
129.6

 
$
85.1

 
$
42.9

 
$
48.3

 
$
(0.5
)
Loss from equity investees
 
(0.1
)
 
—

 
—

 
(0.1
)
 
—

 
—

 
—

Interest expense
 
(57.9
)
 
—

 
(41.0
)
 
(6.5
)
 
(0.8
)
 
(9.5
)
 
(0.1
)
Income (loss) before income taxes
 
$
247.5

 
$
0.1

 
$
88.6

 
$
78.5

 
$
42.1

 
$
38.8

 
$
(0.6
)
Partnership EBITDA (a)
 
 
 
 
 
$
177.7

 
 
 
 
 
 
 
 
Noncontrolling interests’ net income (loss)
 
$
53.3

 
$
—

 
$
57.3

 
$
0.1

 
$
—

 
$
—

 
$
(4.1
)
Depreciation and amortization
 
$
100.6

 
$
—

 
$
49.2

 
$
27.2

 
$
7.4

 
$
16.7

 
$
0.1

Capital expenditures (including the effects of accruals)
 
$
132.9

 
$
—

 
$
28.0

 
$
21.0

 
$
22.4

 
$
61.5

 
$
—

As of December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
10,749.7

 
$
(106.2
)
 
$
4,222.1

 
$
2,905.8

 
$
1,000.0

 
$
2,604.2

 
$
123.8

Short-term borrowings
 
$
456.8

 
$
—

 
$
182.0

 
$
1.1

 
$
56.0

 
$
217.7

 
$
—

Goodwill
 
$
2,965.1

 
$
—

 
$
1,971.3

 
$
800.2

 
$
11.5

 
$
182.1

 
$
—


(a)
The following table provides a reconciliation of Partnership Adjusted EBITDA to AmeriGas Propane income before income taxes:
 
 
Three Months Ended
December 31,
 
 
2016
 
2015
Partnership Adjusted EBITDA
 
$
185.1

 
$
177.7

Depreciation and amortization
 
(44.6
)
 
(49.2
)
Interest expense
 
(40.0
)
 
(41.0
)
Loss on extinguishment of debt
 
(33.2
)
 
—

Noncontrolling interest (i)
 
1.4

 
1.1

Income before income taxes
 
$
68.7

 
$
88.6

(i)
Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.

(b)
Corporate & Other results principally comprise (1) net expenses of UGI’s captive general liability insurance company and UGI’s corporate headquarters facility, and (2) UGI’s unallocated corporate and general expenses and interest income. In addition, Corporate & Other results also include the effects of net pre-tax gains on commodity and certain foreign currency derivative instruments not associated with current-period transactions (including such amounts attributable to noncontrolling interests) totaling $105.5 and $1.1 during the three months ended December 31, 2016 and 2015, respectively. Corporate & Other assets principally comprise cash and cash equivalents of UGI and its captive insurance company; UGI corporate headquarters’ assets; and our investment in a private equity partnership.
(c)
Represents the elimination of intersegment transactions principally among Midstream & Marketing, UGI Utilities and AmeriGas Propane.
(d)
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).
Reconciliation of Adjusted EBITDA to (Loss) Income Before Income Taxes
The following table provides a reconciliation of Partnership Adjusted EBITDA to AmeriGas Propane income before income taxes:
 
 
Three Months Ended
December 31,
 
 
2016
 
2015
Partnership Adjusted EBITDA
 
$
185.1

 
$
177.7

Depreciation and amortization
 
(44.6
)
 
(49.2
)
Interest expense
 
(40.0
)
 
(41.0
)
Loss on extinguishment of debt
 
(33.2
)
 
—

Noncontrolling interest (i)
 
1.4

 
1.1

Income before income taxes
 
$
68.7

 
$
88.6

(i)
Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.