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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Current assets:      
Cash and cash equivalents $ 718 $ 855 $ 444
Restricted cash 55 22 28
Accounts receivable (less allowances for doubtful accounts of $70, $53 and $52, respectively) 1,690 880 1,183
Accrued utility revenues 77 15 32
Income taxes receivable 128 128 127
Inventories 398 469 268
Derivative instruments 877 665 127
Prepaid expenses and other current assets 211 236 175
Total current assets 4,154 3,270 2,384
Property, plant and equipment, (less accumulated depreciation of $4,117, $3,950 and $3,869, respectively) 7,812 7,558 7,020
Goodwill 3,722 3,770 3,524
Intangible assets, net 545 583 640
Utility regulatory assets 372 373 392
Derivative instruments 340 338 61
Other assets 832 831 924
Total assets 17,777 16,723 14,945
Current liabilities:      
Current maturities of long-term debt 130 110 51
Short-term borrowings 447 367 340
Accounts payable 915 837 627
Derivative instruments 69 60 42
Other current liabilities 938 923 832
Total current liabilities 2,499 2,297 1,892
Long-term debt 6,390 6,339 5,953
Deferred income taxes 1,306 1,137 833
Derivative instruments 40 38 46
Other noncurrent liabilities 1,332 1,381 1,393
Total liabilities 11,567 11,192 10,117
Commitments and contingencies (Note 9)
UGI Corporation stockholders’ equity:      
Preferred stock, without par value (authorized – 5,000,000 shares; issued – 220,000, 220,000 and 0 Series A shares, respectively) 161 213 0
UGI Common Stock, without par value (authorized — 450,000,000 shares; issued — 210,127,957, 209,843,296 and 209,636,619 shares, respectively) 1,465 1,394 1,428
Retained earnings 4,757 4,081 3,557
Accumulated other comprehensive loss (178) (140) (126)
Treasury stock, at cost (5) (26) (40)
Total UGI Corporation stockholders’ equity 6,200 5,522 4,819
Noncontrolling interests 10 9 9
Total equity 6,210 5,531 4,828
Total liabilities and equity $ 17,777 $ 16,723 $ 14,945