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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Dec. 31, 2017
Sep. 30, 2017
Dec. 31, 2016
Current assets:      
Cash and cash equivalents $ 446.4 $ 558.4 $ 515.2
Restricted cash 19.8 10.3 7.9
Accounts receivable (less allowances for doubtful accounts of $35.1, $26.9 and $29.2, respectively) 1,101.8 626.8 917.3
Accrued utility revenues 95.9 13.3 55.6
Inventories 307.3 278.6 228.2
Utility regulatory assets 0.6 8.3 1.6
Derivative instruments 73.4 63.1 87.0
Prepaid expenses and other current assets 135.4 138.7 97.1
Total current assets 2,180.6 1,697.5 1,909.9
Property, plant and equipment, at cost (less accumulated depreciation and amortization of $3,393.1, $3,312.9 and $3,139.8, respectively) 5,690.5 5,537.0 5,244.3
Goodwill 3,185.5 3,107.2 2,935.8
Intangible assets, net 641.9 611.7 558.9
Utility regulatory assets 362.2 360.6 391.3
Derivative instruments 13.3 9.2 24.2
Other assets 269.9 259.0 236.1
Total assets 12,343.9 11,582.2 11,300.5
Current liabilities:      
Current maturities of long-term debt 224.1 177.5 48.5
Short-term borrowings 586.1 366.9 234.4
Accounts payable 680.8 439.6 573.6
Derivative instruments 32.7 25.0 16.2
Other current liabilities 692.3 681.1 702.2
Total current liabilities 2,216.0 1,690.1 1,574.9
Long-term debt 4,056.4 3,994.6 3,994.2
Deferred income taxes 890.7 1,357.0 1,204.7
Deferred investment tax credits 2.9 3.0 3.2
Derivative instruments 22.2 21.8 16.6
Other noncurrent liabilities 1,073.6 774.8 773.8
Total liabilities 8,261.8 7,841.3 7,567.4
Commitments and contingencies (Note 10)
UGI Corporation stockholders’ equity:      
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 173,997,441, 173,987,691 and 173,903,191 shares, respectively) 1,189.3 1,188.6 1,203.4
Retained earnings 2,429.3 2,106.7 2,035.4
Accumulated other comprehensive loss (71.5) (93.4) (216.8)
Treasury stock, at cost (45.4) (38.6) (34.3)
Total UGI Corporation stockholders’ equity 3,501.7 3,163.3 2,987.7
Noncontrolling interests, principally in AmeriGas Partners 580.4 577.6 745.4
Total equity 4,082.1 3,740.9 3,733.1
Total liabilities and equity $ 12,343.9 $ 11,582.2 $ 11,300.5