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Segment Information
 12 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Information
Note 23 — Segment Information
Our operations comprise four reportable segments generally based upon products or services sold, geographic location and regulatory environment: (1) AmeriGas Propane; (2) UGI International; (3) Midstream & Marketing; and (4) Utilities.

AmeriGas Propane derives its revenues principally from the sale of propane and related equipment and supplies to retail customers in all 50 states. UGI International derives its revenues principally from the distribution of LPG to retail customers throughout much of Europe.  In addition, UGI International derives revenue from natural gas marketing businesses in France, Belgium and the United Kingdom and a natural gas and electricity marketing business in the Netherlands. See Note 25 for additional information regarding the October 2022 sale of the United Kingdom energy marketing business and the November 2022 announcement related to the France energy marketing business. Midstream & Marketing derives its revenues principally from the sale of natural gas, liquid fuels and electricity as well as revenues and fees from storage, pipeline transportation, natural gas gathering, natural gas and RNG production activities primarily in the Mid-Atlantic region of the U.S. eastern Ohio, the panhandle of West Virginia and California. Midstream & Marketing also derives revenues from the sale of electricity through PJM, a regional electricity transmission organization in the eastern U.S., and, prior to its sale on September 30, 2020, also from contracting services provided by HVAC to customers in portions of eastern and central Pennsylvania (see Note 5). Our Utilities segment primarily derives its revenues from the sale and distribution of natural gas to customers in eastern and central Pennsylvania and subsequent to the Mountaineer Acquisition in September 2021, in West Virginia (see Note 5). To a much lesser extent, Utilities also derives revenues from the sale and distribution of electricity in two northeastern Pennsylvania counties.

Corporate & Other includes certain items that are excluded from our CODM’s assessment of segment performance (see below for further details on these items). Corporate & Other also includes the net expenses of UGI’s captive general liability insurance company, UGI’s corporate headquarters facility and UGI’s unallocated corporate and general expenses as well as interest expense on UGI debt that is not allocated. Corporate & Other assets principally comprise cash and cash equivalents of UGI and its captive insurance company, and UGI corporate headquarters’ assets.

The accounting policies of our reportable segments are the same as those described in Note 2. Our CODM evaluates the performance of all of our reportable segments based upon earnings before interest expense and income taxes, excluding the items noted below.

No single customer represents more than ten percent of our consolidated revenues. In addition, all of our reportable segments’ revenues, other than those of UGI International, are derived from sources within the United States, and all of our reportable segments’ long-lived assets, other than those of UGI International, are located in the United States. The amounts of revenues and long-lived assets associated with our operations in France represent approximately 20% and 10% of the respective consolidated amounts.
TotalElim-
inations		AmeriGas
Propane		UGI InternationalMidstream
& Marketing		UtilitiesCorporate &
Other (a)
2022        
Revenues from external customers$10,106 $— $2,943 $3,686 $1,957 $1,515 $5 
Intersegment revenues$— $(477)(b)$— $— $369 $105 $3 
Cost of sales$5,973 $(474)(b)$1,613 $2,751 $1,876 $798 $(591)
Operating income $1,666 $—  $307 $237 $246 $327 $549 
(Loss) income from equity investees(14)—  — (2)23 — (35)
Loss on extinguishments of debt(11)—  — — — — (11)
Other non-operating income, net75 — — 19 — 9 47 
Earnings before interest expense and income taxes1,716 — 307 254 269 336 550 
Interest expense(329)—  (160)(28)(41)(65)(35)
Income tax expense(313)—  (35)(50)(65)(65)(98)
Noncontrolling interests’ net (income) loss(1)— — (1)— — — 
Net income attributable to UGI$1,073 $—  $112 $175 $163 $206 $417 
Depreciation and amortization$518 $—  $177 $116 $79 $144 $2 
Total assets$17,575 $(203)$4,332 $4,610 $3,286 $5,354 $196 
Short-term borrowings$368 $—  $131 $1 $— $236 $— 
TotalElim-
inations		AmeriGas
Propane		UGI InternationalMidstream
& Marketing		UtilitiesCorporate &
Other (a)
Capital expenditures (including the effects of accruals)$835 $—  $128 $107 $38 $562 $— 
Investments in equity investees$130 $—  $— $20 $109 $— $1 
2021        
Revenues from external customers$7,447 $— $2,614 $2,651 $1,182 $1,015 $(15)
Intersegment revenues$— $(291)(b)$— $— $224 $64 $3 
Cost of sales$2,614 $(288)(b)$1,217 $1,598 $1,033 $458 $(1,404)
Operating income$2,350 $—  $385 $314 $160 $241 $1,250 
(Loss) income from equity investees(63)—  — — 30 — (93)
Other non-operating income, net12 — — 3 — 1 8 
Earnings before interest expense and income taxes2,299 — 385 317 190 242 1,165 
Interest expense(310)—  (159)(27)(42)(56)(26)
Income tax expense(522)—  (58)(69)(41)(42)(312)
Net income attributable to UGI$1,467 $—  $168 $221 $107 $144 $827 
Depreciation and amortization$502 $—  $173 $134 $76 $119 $— 
Total assets$16,723 $(241)$4,485 $4,421 $3,010 $4,859 $189 
Short-term borrowings$367 $—  $170 $— $— $197 $— 
Capital expenditures (including the effects of accruals)$674 $—  $130 $107 $43 $394 $— 
Investments in equity investees$174 $—  $— $11 $163 $— $— 
2020        
Revenues from external customers$6,559 $— $2,381 $2,127 $1,065 $983 $3 
Intersegment revenues$— $(232)(b)$— $— $182 $47 $3 
Cost of sales$3,149 $(229)(b)$960 $1,191 $892 $448 $(113)
Operating income (loss)$982 $—  $373 $241 $140 $229 $(1)
Income from equity investees27 —  — — 27 — — 
Other non-operating (expense) income, net(20)— — 18 1 — (39)
Earnings (loss) before interest expense and income taxes989 — 373 259 168 229 (40)
Interest expense(322)—  (164)(31)(42)(54)(31)
Income tax (expense) benefit(135)—  (53)(55)(34)(39)46
Net income (loss) attributable to UGI$532 $—  $156 $173 $92 $136 $(25)
Depreciation and amortization$484 $—  $178 $125 $75 $105 $1 
Total assets$13,985 $(282)$4,327 $3,123 $2,775 $3,809 $233 
Short-term borrowings$347 $— $186 $1 $19 $141 $— 
Capital expenditures (including the effects of accruals)$665 $— $135 $89 $93 $348 $— 
Investments in equity investees$200 $— $— $10 $190 $— $— 
(a)Corporate & Other includes specific items attributable to our reportable segments that are not included in the segment profit measures used by our CODM in assessing our reportable segments’ performance or allocating resources. The following table presents such pre-tax gains (losses) which have been included in Corporate & Other, and the reportable segments to which they relate, for Fiscal 2022, Fiscal 2021 and Fiscal 2020:
Location on Income StatementAmeriGas PropaneUGI InternationalMidstream & Marketing
2022
Net gains (losses) on commodity derivative instruments not associated with current-period transactionsRevenues$— $9 $(4)
Net (losses) gains on commodity derivative instruments not associated with current-period transactionsCost of Sales$(185)$797 $(21)
Net gains on commodity derivative instruments not associated with current-period transactionsOther operating income, net$— $2 $— 
Restructuring costsOperating and administrative expenses$(21)$(9)$(1)
Loss on extinguishment of debtLoss on extinguishments of debt$— $(11)$— 
Unrealized gains on foreign currency derivative instrumentsOther non-operating income (expense), net$— $50 $— 
Impairments of certain equity method investments and assets Operating and administrative expenses; (Loss) income from equity investees, respectively$— $(5)$(35)
2021
Net losses on commodity derivative instruments not associated with current-period transactionsRevenues$— $— $(15)
Net gains on commodity derivative instruments not associated with current-period transactionsCost of sales$167 $1,065 $173 
Unrealized losses on foreign currency derivative instrumentsOther non-operating income (expense), net$— $8 $— 
Business transformation expensesOperating and administrative expenses$(54)$(33)$— 
Impairment of customer relationship intangibleOperating and administrative expenses$— $(20)$— 
Impairments associated with certain equity method investments(Loss) income from equity investees$— $— $(93)
2020
Net gains on commodity derivative instruments not associated with current-period transactionsRevenues$— $— $3 
Net gains on commodity derivative instruments not associated with current-period transactionsCost of Sales$72 $— $42 
Unrealized losses on foreign currency derivative instrumentsOther non-operating income (expense), net$— $(36)$— 
Acquisition and integration expenses associated with the CMG AcquisitionOperating and administrative expenses$— $— $(2)
Business transformation expensesOperating and administrative expenses$(44)$(18)$— 
Loss on disposals of Conemaugh and HVACLoss on disposals of Conemaugh and HVAC$— $— $(54)

(b)Represents the elimination of intersegment transactions principally among Midstream & Marketing, Utilities and AmeriGas Propane.