Utility Regulatory Assets and Liabilities and Regulatory Matters (Tables)

6 Months Ended

Mar. 31, 2020

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:

	March 31, 2020		September 30, 2019		March 31, 2019
Regulatory assets:
Income taxes recoverable	$	127.3	$	115.2	$	120.3
Underfunded pension and postretirement plans	171.8		178.6		83.6
Environmental costs	56.8		59.5		58.8
Removal costs, net	24.5		28.3		30.1
Other	10.5		14.0		6.5
Total regulatory assets	$	390.9	$	395.6	$	299.3
Regulatory liabilities (a):
Postretirement benefit overcollections	$	13.7	$	14.5	$	16.9
Deferred fuel and power refunds	11.3		6.1		17.7
State tax benefits — distribution system repairs	27.7		25.0		24.3
PAPUC Temporary Rates Order	15.4		31.3		25.1
Excess federal deferred income taxes	276.7		279.5		276.7
Other	1.1		2.4		18.8
Total regulatory liabilities	$	345.9	$	358.8	$	379.5

(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:

	March 31, 2020		September 30, 2019		March 31, 2019
Regulatory assets:
Income taxes recoverable	$	127.3	$	115.2	$	120.3
Underfunded pension and postretirement plans	171.8		178.6		83.6
Environmental costs	56.8		59.5		58.8
Removal costs, net	24.5		28.3		30.1
Other	10.5		14.0		6.5
Total regulatory assets	$	390.9	$	395.6	$	299.3
Regulatory liabilities (a):
Postretirement benefit overcollections	$	13.7	$	14.5	$	16.9
Deferred fuel and power refunds	11.3		6.1		17.7
State tax benefits — distribution system repairs	27.7		25.0		24.3
PAPUC Temporary Rates Order	15.4		31.3		25.1
Excess federal deferred income taxes	276.7		279.5		276.7
Other	1.1		2.4		18.8
Total regulatory liabilities	$	345.9	$	358.8	$	379.5

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