Debt	3 Months Ended
Debt	Oct. 31, 2012
Debt	E. Debt Short-term borrowings Ferrellgas classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of October 31, 2012 and July 31, 2012, $117.9 million and $95.7 million, respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below. Secured credit facility As of October 31, 2012, Ferrellgas had total borrowings outstanding under its secured credit facility of $193.5 million, of which $75.6 million was classified as long-term debt. As of July 31, 2012, Ferrellgas had total borrowings outstanding under its secured credit facility of $160.0 million, of which $64.3 million was classified as long-term debt. Borrowings outstanding at October 31, 2012 and July 31, 2012 under the secured credit facility had a weighted average interest rate of 4.1% and 4.2%, respectively. The obligations under this credit facility are secured by substantially all assets of the operating partnership, the general partner and certain subsidiaries of the operating partnership but specifically excluding (a) assets that are subject to the operating partnership’s accounts receivable securitization facility, (b) the general partner’s equity interest in Ferrellgas Partners and (c) equity interest in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of the operating partnership. Letters of credit outstanding at October 31, 2012 totaled $55.6 million and were used primarily to secure insurance arrangements and to a lesser extent, commodity hedges and product purchases. Letters of credit outstanding at July 31, 2012 totaled $64.5 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. At October 31, 2012, Ferrellgas had available letter of credit remaining capacity of $144.4 million. At July 31, 2012, Ferrellgas had available letter of credit remaining capacity of $135.5 million.
Ferrellgas, L.P. [Member]
Debt	E. Debt Short-term borrowings Ferrellgas, L.P. classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of October 31, 2012 and July 31, 2012, $117.9 million and $95.7 million, respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below. Secured credit facility As of October 31, 2012, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $193.5 million, of which $75.6 million was classified as long-term debt. As of July 31, 2012, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $160.0 million, of which $64.3 million was classified as long-term debt. Borrowings outstanding at October 31, 2012 and July 31, 2012 under the secured credit facility had a weighted average interest rate of 4.1% and 4.2%, respectively. The obligations under this credit facility are secured by substantially all assets of Ferrellgas, L.P., the general partner and certain subsidiaries of Ferrellgas, L.P. but specifically excluding (a) assets that are subject to Ferrellgas, L.P.’s accounts receivable securitization facility, (b) the general partner’s equity interest in Ferrellgas Partners and (c) equity interest in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of Ferrellgas, L.P. Letters of credit outstanding at October 31, 2012 totaled $55.6 million and were used primarily to secure insurance arrangements and to a lesser extent, commodity hedges and product purchases. Letters of credit outstanding at July 31, 2012 totaled $64.5 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. At October 31, 2012, Ferrellgas, L.P. had available letter of credit remaining capacity of $144.4 million. At July 31, 2012, Ferrellgas, L.P. had available letter of credit remaining capacity of $135.5 million.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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