Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

9 Months Ended

Jun. 30, 2017

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



	June 30, 2017		September 30, 2016		June 30, 2016
Regulatory assets:
Income taxes recoverable	$	122.7	$	115.7	$	119.6
Underfunded pension and postretirement plans	171.8		183.1		133.4
Environmental costs	61.6		59.4		60.7
Deferred fuel and power costs	7.0		0.1		—
Removal costs, net	29.4		27.9		22.4
Other	6.3		8.9		9.2
Total regulatory assets	$	398.8	$	395.1	$	345.3
Regulatory liabilities (a):
Postretirement benefits	$	16.7	$	17.5	$	19.7
Deferred fuel and power refunds	12.6		22.3		34.4
State tax benefits — distribution system repairs	16.7		15.1		14.6
Other	2.7		0.7		1.2
Total regulatory liabilities	$	48.7	$	55.6	$	69.9


(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:



	June 30, 2017		September 30, 2016		June 30, 2016
Regulatory assets:
Income taxes recoverable	$	122.7	$	115.7	$	119.6
Underfunded pension and postretirement plans	171.8		183.1		133.4
Environmental costs	61.6		59.4		60.7
Deferred fuel and power costs	7.0		0.1		—
Removal costs, net	29.4		27.9		22.4
Other	6.3		8.9		9.2
Total regulatory assets	$	398.8	$	395.1	$	345.3
Regulatory liabilities (a):
Postretirement benefits	$	16.7	$	17.5	$	19.7
Deferred fuel and power refunds	12.6		22.3		34.4
State tax benefits — distribution system repairs	16.7		15.1		14.6
Other	2.7		0.7		1.2
Total regulatory liabilities	$	48.7	$	55.6	$	69.9


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