Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

6 Months Ended

Mar. 31, 2017

The following regulatory assets and liabilities associated with UGI Utilities are included in our accompanying Condensed Consolidated Balance Sheets:



	March 31, 2017		September 30, 2016		March 31, 2016
Regulatory assets:
Income taxes recoverable	$	120.3	$	115.7	$	118.2
Underfunded pension and postretirement plans	175.6		183.1		135.8
Environmental costs	62.2		59.4		60.5
Deferred fuel and power costs	1.3		0.1		—
Removal costs, net	28.8		27.9		25.0
Other	6.5		8.9		8.7
Total regulatory assets	$	394.7	$	395.1	$	348.2
Regulatory liabilities (a):
Postretirement benefits	$	17.0	$	17.5	$	19.3
Deferred fuel and power refunds	13.8		22.3		30.8
State tax benefits — distribution system repairs	16.1		15.1		14.2
Other	3.6		0.7		2.5
Total regulatory liabilities	$	50.5	$	55.6	$	66.8


(a)	Regulatory liabilities are recorded in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.

The following regulatory assets and liabilities associated with UGI Utilities are included in our accompanying Condensed Consolidated Balance Sheets:



	March 31, 2017		September 30, 2016		March 31, 2016
Regulatory assets:
Income taxes recoverable	$	120.3	$	115.7	$	118.2
Underfunded pension and postretirement plans	175.6		183.1		135.8
Environmental costs	62.2		59.4		60.5
Deferred fuel and power costs	1.3		0.1		—
Removal costs, net	28.8		27.9		25.0
Other	6.5		8.9		8.7
Total regulatory assets	$	394.7	$	395.1	$	348.2
Regulatory liabilities (a):
Postretirement benefits	$	17.0	$	17.5	$	19.3
Deferred fuel and power refunds	13.8		22.3		30.8
State tax benefits — distribution system repairs	16.1		15.1		14.2
Other	3.6		0.7		2.5
Total regulatory liabilities	$	50.5	$	55.6	$	66.8


(a)	Regulatory liabilities are recorded in “Other current liabilities” and “Other noncurrent liabilities” on the Condensed Consolidated Balance Sheets.