Defined Benefit Pension and Other Postretirement Plans

3 Months Ended

Dec. 31, 2020

Retirement Benefits [Abstract]

Defined Benefit Pension and Other Postretirement Plans

Note 8 — Defined Benefit Pension and Other Postretirement Plans

The Company maintains defined benefit plans and other postretirement plans for certain current and former employees. The service cost component of our pension and other postretirement plans, net of amounts capitalized, is reflected in “Operating and administrative expenses” on the Condensed Consolidated Statements of Income. The non-service cost component, net of amounts capitalized by UGI Utilities as a regulatory asset, is reflected in “Other non-operating expense, net” on the Condensed

Consolidated Statements of Income. Other postretirement benefit cost was not material for all periods presented. Net periodic pension cost includes the following components:

Three Months Ended December 31,	2020		2019
Service cost	$	3	$	3
Interest cost	5		6
Expected return on assets	(10)		(10)
Amortization of:
Actuarial loss	4		4
Net cost	$	2	$	3