Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

9 Months Ended

Jun. 30, 2019

Regulated Operations [Abstract]

Schedule of Regulatory Assets

The following regulatory assets and liabilities associated with UGI Utilities are included on the Condensed Consolidated Balance Sheets:

	June 30, 2019		September 30, 2018		June 30, 2018
Regulatory assets:
Income taxes recoverable	$	123.9	$	110.1	$	130.0
Underfunded pension and postretirement plans	81.8		87.1		132.2
Environmental costs	56.6		58.8		59.8
Removal costs, net	29.3		32.0		31.0
Other	9.0		13.0		7.1
Total regulatory assets	$	300.6	$	301.0	$	360.1
Regulatory liabilities (a):
Postretirement benefits	$	16.5	$	17.8	$	16.9
Deferred fuel and power refunds	12.4		36.7		44.5
State tax benefits — distribution system repairs	25.2		22.6		20.7
PAPUC temporary rates order	25.4		24.4		24.1
Excess federal deferred income taxes	282.7		285.2		301.2
Other	14.0		3.5		5.1
Total regulatory liabilities	$	376.2	$	390.2	$	412.5

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

Schedule of Regulatory Liabilities

The following regulatory assets and liabilities associated with UGI Utilities are included on the Condensed Consolidated Balance Sheets:

	June 30, 2019		September 30, 2018		June 30, 2018
Regulatory assets:
Income taxes recoverable	$	123.9	$	110.1	$	130.0
Underfunded pension and postretirement plans	81.8		87.1		132.2
Environmental costs	56.6		58.8		59.8
Removal costs, net	29.3		32.0		31.0
Other	9.0		13.0		7.1
Total regulatory assets	$	300.6	$	301.0	$	360.1
Regulatory liabilities (a):
Postretirement benefits	$	16.5	$	17.8	$	16.9
Deferred fuel and power refunds	12.4		36.7		44.5
State tax benefits — distribution system repairs	25.2		22.6		20.7
PAPUC temporary rates order	25.4		24.4		24.1
Excess federal deferred income taxes	282.7		285.2		301.2
Other	14.0		3.5		5.1
Total regulatory liabilities	$	376.2	$	390.2	$	412.5

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