Defined Benefit Pension and Other Postretirement Plans

6 Months Ended

Mar. 31, 2021

Retirement Benefits [Abstract]

Defined Benefit Pension and Other Postretirement Plans

Note 9 — 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 income (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:

	Pension Benefits
Three Months Ended March 31,	2021		2020
Service cost	$	3	$	3
Interest cost	6		6
Expected return on assets	(10)		(9)
Curtailment gain	—		(1)
Amortization of:
Actuarial loss	3		3
Net cost	$	2	$	2
Six Months Ended March 31,	2021		2020
Service cost	$	6	$	6
Interest cost	11		12
Expected return on assets	(20)		(19)
Curtailment gain	—		(1)
Amortization of:
Actuarial loss	7		7
Net cost	$	4	$	5