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Common Stock and Equity-Based Compensation (Tables)
 12 Months Ended
Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Common Stock Share Activity
UGI Common Stock share activity for Fiscal 2015, Fiscal 2016 and Fiscal 2017 follows:
 
Issued
 
Treasury
 
Outstanding
Balance, September 30, 2014
173,770,641

 
(1,496,860
)
 
172,273,781

Issued:
 
 
 
 
 
Employee and director plans
36,350

 
1,155,376

 
1,191,726

Repurchases of common stock
—

 
(1,000,000
)
 
(1,000,000
)
Reacquired common stock – employee and director plans
—

 
(77,004
)
 
(77,004
)
Balance, September 30, 2015
173,806,991

 
(1,418,488
)
 
172,388,503

Issued:
 
 
 
 
 
Employee and director plans
87,150

 
2,355,202

 
2,442,352

Repurchases of common stock
—

 
(1,250,000
)
 
(1,250,000
)
Reacquired common stock – employee and director plans
—

 
(620,406
)
 
(620,406
)
Balance, September 30, 2016
173,894,141

 
(933,692
)
 
172,960,449

Issued:
 
 
 
 
 
Employee and director plans
93,550

 
1,051,704

 
1,145,254

Sale of reacquired common stock
—

 
50,000

 
50,000

Repurchases of common stock
—

 
(900,000
)
 
(900,000
)
Reacquired common stock – employee and director plans
—

 
(111,966
)
 
(111,966
)
Balance, September 30, 2017
173,987,691

 
(843,954
)
 
173,143,737
Stock Option Awards
Stock option transactions under equity-based compensation plans during Fiscal 2015, Fiscal 2016 and Fiscal 2017 follow:
 
Shares
 
Weighted
Average
Option Price
 
Total
Intrinsic
Value
 
Weighted
Average
Contract Term
(Years)
Shares under option — September 30, 2014
8,957,290

 
$
21.44

 
$
113.3

 
7.0
Granted
1,336,985

 
$
37.70

 
 
 
 
Canceled
(85,365
)
 
$
30.45

 
 
 
 
Exercised
(953,533
)
 
$
19.10

 
$
15.4

 
 
Shares under option — September 30, 2015
9,255,377

 
$
23.97

 
$
104.5

 
6.6
Granted
1,510,625

 
$
34.67

 
 
 
 
Canceled
(84,213
)
 
$
34.13

 
 
 
 
Exercised
(2,193,338
)
 
$
20.38

 
$
40.1

 
 
Shares under option — September 30, 2016
8,488,451

 
$
26.68

 
$
157.6

 
6.6
Granted
1,343,800

 
$
46.51

 
 
 
 
Canceled
(60,236
)
 
$
41.86

 
 
 
 
Exercised
(990,267
)
 
$
21.40

 
$
26.7

 
 
Shares under option — September 30, 2017
8,781,748

 
$
30.20

 
$
146.7

 
6.3
Options exercisable — September 30, 2015
6,050,946

 
$
20.74

 
 
 
 
Options exercisable — September 30, 2016
5,522,370

 
$
22.94

 
 
 
 
Options exercisable — September 30, 2017
5,973,668

 
$
25.53

 
$
127.4

 
5.3
Options not exercisable — September 30, 2017
2,808,080

 
$
40.13

 
$
19.3

 
7.8
Additional Information Relating to Stock Options Outstanding and Exercisable
The following table presents additional information relating to stock options outstanding and exercisable at September 30, 2017:
 
Range of exercise prices
 
Under
$20.00
 
$20.00 –
$25.00
 
$25.01 –
$30.00
 
$30.01 – $35.00
 
Over $35.00
Options outstanding at September 30, 2017:
 
 
 
 
 
 
 
 
 
Number of options
1,351,925

 
1,947,779

 
1,462,977

 
1,402,988

 
2,616,079

Weighted average remaining contractual life (in years)
3.3

 
4.6

 
6.1

 
8.1

 
8.3

Weighted average exercise price
$
18.26

 
$
21.57

 
$
27.43

 
$
33.66

 
$
42.93

Options exercisable at September 30, 2017:
 
 
 
 
 
 
 
 
 
Number of options
1,351,925

 
1,947,779

 
1,342,377

 
499,351

 
832,236

Weighted average exercise price
$
18.26

 
$
21.57

 
$
27.42

 
$
33.52

 
$
38.81
Assumptions Used for Valuing Option Grants
The assumptions we used for valuing option grants during Fiscal 2017, Fiscal 2016 and Fiscal 2015 are as follows:
 
2017
 
2016
 
2015
Expected life of option
5.75 years
 
5.75 years
 
5.75 years
Weighted average volatility
19.8%
 
19.5%
 
19.5%
Weighted average dividend yield
2.1%
 
2.6%
 
2.5%
Expected volatility
19.8%
 
19.3%
 
19.1% -19.5%
Expected dividend yield
2.1%
 
2.6%
 
2.5%
Risk free rate
1.8% - 2.1%
 
1.2% - 1.9%
 
1.5% - 1.8%
Weighted Average Assumptions Used to Determine the Fair Value of UGI Performance Unit Awards and Related Compensation Costs
The following table summarizes the weighted average assumptions used to determine the fair value of UGI Performance Unit awards and related compensation costs:
 
Grants Awarded in Fiscal Year
 
2017
 
2016
 
2015
Risk free rate
1.5%
 
1.3%
 
1.1%
Expected life
3 years
 
3 years
 
3 years
Expected volatility
18.9%
 
17.5%
 
15.9%
Dividend yield
2.1%
 
2.7%
 
2.3%
UGI Performance Unit Award Activity
The following table summarizes UGI Unit award activity for Fiscal 2017:
 
Total
 
Vested
 
Non-Vested
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
September 30, 2016
999,083

 
$
25.44

 
672,075

 
$
21.17

 
327,008

 
$
34.21

UGI Performance Units:
 
 
 
 
 
 
 
 
 
 
 
Granted
143,300

 
$
50.91

 
20,283

 
$
50.94

 
123,017

 
$
50.90

Forfeited
(7,768
)
 
$
41.33

 
—

 
$
—

 
(7,768
)
 
$
41.33

Vested
—

 
$
—

 
131,409

 
$
33.67

 
(131,409
)
 
$
33.67

Unit awards paid
(178,450
)
 
$
32.47

 
(178,450
)
 
$
32.47

 
—

 
$
—

UGI Stock Units:
 
 
 
 
 
 
 
 
 
 
 
Granted (a)
42,079

 
$
47.25

 
34,979

 
$
46.44

 
7,100

 
$
51.23

Unit awards paid
(19,410
)
 
$
18.69

 
(19,410
)
 
$
18.69

 
—

 
$
—

September 30, 2017
978,834

 
$
28.83

 
660,886

 
$
23.93

 
317,948

 
$
41.10

(a)
Generally, shares granted under UGI Stock Unit awards are paid approximately 70% in shares. UGI Stock Unit awards granted in Fiscal 2016 and Fiscal 2015 were 52,493 and 39,801, respectively.
Schedule of Payment for UGI Performance Unit and UGI Stock Unit Awards in Shares and Cash
During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Company paid UGI Performance Unit and UGI Stock Unit awards in shares and cash as follows:
 
2017
 
2016
 
2015
UGI Performance Unit awards:
 
 
 
 
 
Number of original awards granted
178,450

 
308,362

 
294,300

Fiscal year granted
2014

 
2013

 
2012

Payment of awards:
 
 
 
 
 
Shares of UGI Common Stock issued, net of shares withheld for taxes
138,985

 
209,592

 
188,418

Cash paid
$
10.9

 
$
13.9

 
$
13.3

UGI Stock Unit awards:
 
 
 
 
 
Number of original awards granted
43,699

 
51,037

 
67,419

Payment of awards:
 
 
 
 
 
Shares of UGI Common Stock issued, net of shares withheld for taxes
15,990

 
39,422

 
44,034

Cash paid
$
0.3

 
$
0.7

 
$
0.8
Weighted Average Assumption Used to Determine the Fair Value of AmeriGas Performance Unit Awards and Related Compensation Costs
The following table summarizes the weighted-average assumptions used to determine the fair value of AmeriGas Performance Unit awards subject to market-based conditions and related compensation costs:
 
Grants Awarded in Fiscal Year
 
2017
 
2016
 
2015
Risk-free rate
1.5%
 
1.3%
 
0.9%
Expected life
3 years
 
3 years
 
3 years
Expected volatility
21.7%
 
20.6%
 
19.2%
Dividend yield
7.8%
 
10.7%
 
6.8%
AmeriGas Common Unit Based Award Activity
The following table summarizes AmeriGas Common Unit-based award activity for Fiscal 2017:
 
Total
 
Vested
 
Non-Vested
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
September 30, 2016
210,549

 
$
47.24

 
55,622

 
$
45.67

 
154,927

 
$
47.80

AmeriGas Performance Units:
 
 
 
 
 
 
 
 
 
 
 
  Granted
49,225

 
$
54.24

 
633

 
$
54.45

 
48,592

 
$
54.24

  Forfeited
(9,151
)
 
$
48.76

 
—

 
$
—

 
(9,151
)
 
$
48.76

  Vested
—

 
$
—

 
40,933

 
$
42.55

 
(40,933
)
 
$
42.55

  Awards paid
(44,732
)
 
$
41.53

 
(44,732
)
 
$
41.53

 
—

 
$
—

AmeriGas Stock Units:
 
 
 
 
 
 
 
 
 
 
 
  Granted
18,338

 
$
47.33

 
12,738

 
$
48.06

 
5,600

 
$
45.66

  Vested
—

 
$
—

 
6,800

 
$
46.13

 
(6,800
)
 
$
46.13

  Awards paid
(6,005
)
 
$
43.64

 
(6,005
)
 
$
43.64

 
—

 
$
—

September 30, 2017
218,224

 
$
50.03

 
65,989

 
$
47.31

 
152,235

 
$
51.21
AmeriGas Common Unit Based Awards in Common Units and Cash
During Fiscal 2017, Fiscal 2016 and Fiscal 2015, the Partnership paid AmeriGas Performance Unit and AmeriGas Stock Unit awards in Common Units and cash as follows:
 
2017
 
2016
 
2015
AmeriGas Performance Unit awards:
 
 
 
 
 
Number of Common Units subject to original awards granted
53,800

 
44,800

 
55,750

Fiscal year granted
2014

 
2013

 
2012

Payment of awards:
 
 
 
 
 
AmeriGas Partners Common Units issued, net of units withheld for taxes
29,489

 
23,017

 
—

Cash paid
$
2.9

 
$
1.7

 
$
—

AmeriGas Stock Unit awards:
 
 
 
 
 
Number of Common Units subject to original awards granted
32,658

 
20,336

 
42,532

Payment of awards:
 
 
 
 
 
AmeriGas Partners Common Units issued, net of units withheld for taxes
3,932

 
9,272

 
21,509

Cash paid
$
0.1

 
$
0.4

 
$
0.8