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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Sep. 30, 2022
Current assets    
Cash and cash equivalents $ 241 $ 405
Restricted cash 99 64
Accounts receivable (less allowances for doubtful accounts of $71 and $64, respectively) 878 1,127
Accrued utility revenues 33 23
Income taxes receivable 36 128
Inventories 433 665
Derivative instruments 75 865
Prepaid expenses 123 110
Held for sale assets 13 295
Other current assets 114 120
Total current assets 2,045 3,802
Property, plant and equipment    
Non-utility 7,046 6,656
Utility 6,082 5,550
Total property, plant and equipment 13,128 12,206
Accumulated depreciation (4,581) (4,166)
Net property, plant, and equipment 8,547 8,040
Goodwill 3,027 3,612
Intangible assets, net 443 500
Utility regulatory assets 302 301
Derivative instruments 49 565
Other assets 988 755
Total assets 15,401 17,575
Current liabilities    
Current maturities of long-term debt 57 149
Short-term borrowings 649 368
Accounts payable 613 891
Employee compensation and benefits accrued 142 147
Deposits and advances 232 225
Derivative instruments 60 144
Held for sale liabilities 16 19
Other current liabilities 505 501
Total current liabilities 2,274 2,444
Noncurrent liabilities    
Long-term debt 6,543 6,483
Deferred income taxes 928 1,305
Derivative instruments 27 50
Other noncurrent liabilities 1,235 1,219
Total liabilities 11,007 11,501
Commitments and contingencies (Note 16)
UGI Corporation stockholders’ equity:    
Preferred Stock, without par value (authorized 5,000,000 shares; issued 220,000 and 220,000 Series A shares, respectively) 167 162
UGI Common Stock, without par value (authorized – 450,000,000 shares; issued – 210,906,052 and 210,560,494 shares, respectively) 1,503 1,483
Retained earnings 3,027 4,841
Accumulated other comprehensive loss (256) (380)
Treasury stock, at cost (55) (40)
Total UGI Corporation stockholders’ equity 4,386 6,066
Noncontrolling interests 8 8
Total equity 4,394 6,074
Total liabilities and equity $ 15,401 $ 17,575