Inventories

9 Months Ended

Jun. 30, 2019

Note 5 — Inventories

Inventories comprise the following:



	June 30, 2019		September 30, 2018		June 30, 2018
Non-utility LPG and natural gas	$	141.6	$	231.7	$	177.0
Gas Utility natural gas	15.5		37.3		18.6
Materials, supplies and other	58.0		49.2		57.6
Total inventories	$	215.1	$	318.2	$	253.2

At June 30, 2019, UGI Utilities was party to four principal SCAAs with terms of up to three years. Pursuant to the SCAAs, UGI Utilities has, among other things, released certain natural gas storage and transportation contracts for the terms of the SCAAs. UGI Utilities also transferred certain associated natural gas storage inventories upon commencement of the SCAAs, will receive a transfer of storage inventories at the end of the SCAAs, and makes payments associated with refilling storage inventories during the terms of the SCAAs. The historical cost of natural gas storage inventories released under the SCAAs, which represents a portion of Gas Utility’s total natural gas storage inventories, and any exchange receivable (representing amounts of natural gas inventories used by the other parties to the agreement but not yet replenished for which UGI Utilities has the rights), are included in the caption “Gas Utility natural gas” in the table above.

As of June 30, 2019, all of UGI Utilities’ SCAAs were with Energy Services, the effects of which are eliminated in consolidation. The carrying value of gas storage inventories released under the SCAAs with non-affiliates at September 30, 2018 and June 30, 2018, comprising 2.3 bcf and 1.2 bcf of natural gas, was $5.4 and $2.7, respectively. There were no gas storage inventories associated with non-affiliates at June 30, 2019.