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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) including noncontrolling interests $ 269 $ (1,502) $ 1,074
Adjustments to reconcile net income (loss) including noncontrolling interests to net cash provided by operating activities:      
Depreciation and amortization 551 532 518
Deferred income tax expense (benefit), net 52 (420) 221
Provision for uncollectible accounts 61 69 61
Changes in unrealized gains and losses on derivative instruments 10 1,682 (648)
Loss on disposals of businesses 95 221 0
Impairment of assets 7 19 5
Impairment of goodwill 195 656 0
Equity-based compensation expense 8 17 15
Loss on extinguishments of debt 9 9 11
Loss (income) from equity investees 19 (2) 14
Settlement of Energy Services interest rate swap, net of amortization (19) 19 0
Gain on sales of fixed assets (22) (61) (33)
Other, net (20) 19 31
Net change in:      
Accounts receivable and accrued utility revenues 126 212 (431)
Income taxes receivable (21) 91 0
Inventories 32 247 (224)
Utility deferred fuel costs, net of changes in unsettled derivatives (7) 64 (24)
Accounts payable (99) (291) 85
Derivative instruments collateral paid (9) (420) (9)
Other current assets 6 (36) 54
Other current liabilities (61) (18) (4)
Net cash provided by operating activities 1,182 1,107 716
CASH FLOWS FROM INVESTING ACTIVITIES      
Expenditures for property, plant and equipment (796) (974) (804)
Acquisitions of businesses and assets, net of cash and restricted cash acquired 0 (9) (242)
Investments in equity method investees (92) (146) (47)
Settlements of net investment hedges 3 22 26
Net proceeds from the disposition of businesses and assets 93 30 44
Other, net 0 0 11
Net cash used by investing activities (792) (1,077) (1,012)
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends on UGI Common Stock (318) (308) (296)
Issuances of debt, net of issuance costs 1,321 1,930 1,257
Repayments of debt and finance leases, including redemption premiums (1,303) (2,031) (978)
Receivables Facility net (repayments) borrowings (46) 46 0
(Decrease) increase in short-term borrowings (148) 221 1
Issuances of UGI Common Stock 0 12 19
Repurchases of UGI Common Stock 0 (22) (38)
Payments on Purchase Contracts (12) (16) (16)
Net cash used by financing activities (506) (168) (51)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 4 9 (61)
Cash, cash equivalents and restricted cash decrease (112) (129) (408)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH      
Cash, cash equivalents and restricted cash at end of year 228 340 469
Cash, cash equivalents and restricted cash at beginning of year 340 469 877
Cash, cash equivalents and restricted cash decrease (112) (129) (408)
Cash paid (received) for:      
Interest 403 332 320
Income taxes $ 80 $ (17) $ 61