Guarantor financial information Guarantor financial information (Tables) - Ferrellgas, L.P. [Member]

12 Months Ended

Jul. 31, 2017

Condensed Financial Statements, Captions [Line Items]

Condensed Balance Sheet [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
(in thousands)
	As of July 31, 2017
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	5,327		$	1	$	373		$	—		$	—		$	5,701
Accounts and notes receivable	(3,132		)	—		58,618			109,598			—			165,084
Intercompany receivables	39,877			—		—			—			(39,877		)	—
Inventories	78,963			—		13,589			—			—			92,552
Prepaid expenses and other current assets	26,106			—		7,314			6			—			33,426
Total current assets	147,141			1		79,894			109,604			(39,877		)	296,763
Property, plant and equipment, net	537,582			—		194,341			—			—			731,923
Goodwill	246,098			—		10,005			—			—			256,103
Intangible assets, net	128,209			—		122,893			—			—			251,102
Intercompany receivables	450,000			—		—			—			(450,000		)	—
Investments in consolidated subsidiaries	(53,915		)	—		—			—			53,915			—
Other assets, net	35,862			—		37,618			577			—			74,057
Total assets	$	1,490,977		$	1	$	444,751		$	110,181		$	(435,962	)	$	1,609,948
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	44,026		$	—	$	41,345		$	190		$	—		$	85,561
Short-term borrowings	59,781			—		—			—			—			59,781
Collateralized note payable	—			—		—			69,000			—			69,000
Intercompany payables	—			—		41,645			(1,768		)	(39,877		)	—
Other current liabilities	118,039			—		3,776			201			—			122,016
Total current liabilities	221,846			—		86,766			67,623			(39,877		)	336,358
Long-term debt	1,649,139			—		450,131			—			(450,000		)	1,649,270
Other liabilities	26,790			—		4,300			28			—			31,118
Contingencies and commitments
Partners' capital (deficit):
Partners' equity	(421,562		)	1		(96,446		)	42,530			53,915			(421,562		)
Accumulated other comprehensive income	14,764			—		—			—			—			14,764
Total partners' capital (deficit)	(406,798		)	1		(96,446		)	42,530			53,915			(406,798		)
Total liabilities and partners' capital (deficit)	$	1,490,977		$	1	$	444,751		$	110,181		$	(435,962	)	$	1,609,948

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
(in thousands)
	As of July 31, 2016
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	4,472		$	1	$	417		$	—		$	—		$	4,890
Accounts and notes receivable	(2,703		)	—		45,822			106,464			—			149,583
Intercompany receivables	34,089			—		—			—			(34,089		)	—
Inventories	71,422			—		19,172			—			—			90,594
Prepaid expenses and other current assets	27,922			2		12,029			2			—			39,955
Total current assets	135,202			3		77,440			106,466			(34,089		)	285,022
Property, plant and equipment, net	557,460			—		217,220			—			—			774,680
Goodwill	246,098			—		10,005			—			—			256,103
Intangible assets, net	141,794			—		138,391			—			—			280,185
Intercompany receivables	450,000			—		—			—			(450,000		)	—
Investments in consolidated subsidiaries	3,630			—		—			—			(3,630		)	—
Other assets, net	37,742			—		49,016			465			—			87,223
Total assets	$	1,571,926		$	3	$	492,072		$	106,931		$	(487,719	)	$	1,683,213
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	33,781		$	—	$	34,147		$	—		$	—		$	67,928
Short-term borrowings	101,291			—		—			—			—			101,291
Collateralized note payable	—			—		—			64,000			—			64,000
Intercompany payables	—			—		35,491			(1,402		)	(34,089		)	—
Other current liabilities	119,048			—		7,754			150			—			126,952
Total current liabilities	254,120			—		77,392			62,748			(34,089		)	360,171
Long-term debt	1,759,868			—		451,013			—			(450,000		)	1,760,881
Other liabilities	27,351			—		3,998			225			—			31,574
Contingencies and commitments
Partners' capital (deficit):
Partners' equity	(458,853		)	3		(39,684		)	43,633			(3,952		)	(458,853		)
Accumulated other comprehensive income (loss)	(10,560		)	—		(647		)	325			322			(10,560		)
Total partners' capital (deficit)	(469,413		)	3		(40,331		)	43,958			(3,630		)	(469,413		)
Total liabilities and partners' capital (deficit)	$	1,571,926		$	3	$	492,072		$	106,931		$	(487,719	)	$	1,683,213

Condensed Income Statement [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(in thousands)
	For the year ended July 31, 2017
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Propane and other gas liquids sales	$	1,318,412		$	—		$	—		$	—		$	—		$	1,318,412
Midstream operations	—			—			466,703			—			—			466,703
Other	69,962			—			75,200			—			—			145,162
Total revenues	1,388,374			—			541,903			—			—			1,930,277
Costs and expenses:
Cost of sales - propane and other gas liquids sales	694,155			—			—			—			—			694,155
Cost of sales - midstream operations	—			—			429,439			—			—			429,439
Cost of sales - other	8,473			—			58,794			—			—			67,267
Operating expense	398,584			—			38,188			95			(4,455		)	432,412
Depreciation and amortization expense	72,919			—			30,183			249			—			103,351
General and administrative expense	44,810			5			4,663			—			—			49,478
Equipment lease expense	28,560			—			564			—			—			29,124
Non-cash employee stock ownership plan compensation charge	15,088			—			—			—			—			15,088
Loss on asset sales and disposal	9,198			—			5,259			—			—			14,457
Operating income (loss)	116,587			(5		)	(25,187		)	(344		)	4,455			95,506
										—			—
Interest expense	(80,866		)	—			(43,839		)	(2,480		)	(3		)	(127,188		)
Other income (expense), net	850			—			624			4,452			(4,452		)	1,474
Earnings (loss) before income taxes	36,571			(5		)	(68,402		)	1,628			—			(30,208		)
Income tax expense (benefit)	217			—			(1,366		)	—			—			(1,149		)
Equity in earnings (loss) of subsidiaries	(65,413		)	—			—			—			65,413			—
Net earnings (loss)	(29,059		)	(5		)	(67,036		)	1,628			65,413			(29,059		)
Other comprehensive income	25,324			—			—			—			—			25,324
Comprehensive income (loss)	$	(3,735	)	$	(5	)	$	(67,036	)	$	1,628		$	65,413		$	(3,735	)

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(in thousands)
	For the year ended July 31, 2016
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Propane and other gas liquids sales	$	1,202,368		$	—		$	—		$	—		$	—		$	1,202,368
Midstream operations	—			—			625,238			—			—			625,238
Other	73,200			—			138,561			—			—			211,761
Total revenues	1,275,568			—			763,799			—			—			2,039,367
Costs and expenses:
Cost of sales - propane and other gas liquids sales	564,433			—			—			—			—			564,433
Cost of sales - midstream operations	(1,545		)	—			472,779			—			—			471,234
Cost of sales - other	8,867			—			117,370			—			—			126,237
Operating expense	399,680			—			58,789			4,028			(3,319		)	459,178
Depreciation and amortization expense	75,059			—			75,212			242			—			150,513
General and administrative expense	50,592			7			5,516			—			—			56,115
Equipment lease expense	28,322			—			511			—			—			28,833
Non-cash employee stock ownership plan compensation charge	27,595			—			—			—			—			27,595
Asset impairments	—			—			658,118			—			—			658,118
Loss on asset sales and disposal	9,180			—			21,655			—			—			30,835
Operating income (loss)	113,385			(7		)	(646,151		)	(4,270		)	3,319			(533,724		)
										—			—
Interest expense	(77,493		)	—			(42,325		)	(2,186		)	186			(121,818		)
Other income (expense), net	110			—			—			3,505			(3,505		)	110
Earnings (loss) before income taxes	36,002			(7		)	(688,476		)	(2,951		)	—			(655,432		)
Income tax expense (benefit)	839			—			(880		)	—			—			(41		)
Equity in earnings (loss) of subsidiaries	(690,554		)	—			—			—			690,554			—
Net earnings (loss)	(655,391		)	(7		)	(687,596		)	(2,951		)	690,554			(655,391		)
Other comprehensive income	28,758			—			—			—			—			28,758
Comprehensive income (loss)	$	(626,633	)	$	(7	)	$	(687,596	)	$	(2,951	)	$	690,554		$	(626,633	)

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS
(in thousands)
	For the year ended July 31, 2015
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Propane and other gas liquids sales	$	1,657,016		$	—		$	—		$	—		$	—		$	1,657,016
Midstream operations	—			—			107,189			—			—			107,189
Other	73,704			—			186,481			—			—			260,185
Total revenues	1,730,720			—			293,670			—			—			2,024,390
Costs and expenses:
Cost of sales - propane and other gas liquids sales	977,224			—			—			—			—			977,224
Cost of sales - midstream operations	—			—			76,590			—			—			76,590
Cost of sales - other	7,649			—			163,048			—			—			170,697
Operating expense	413,112			—			25,189			5,206			(6,154		)	437,353
Depreciation and amortization expense	75,834			—			22,745			—			—			98,579
General and administrative expense	76,250			4			984			—			—			77,238
Equipment lease expense	24,213			—			60			—			—			24,273
Non-cash employee stock ownership plan compensation charge	24,713			—			—			—			—			24,713
Loss on asset sales and disposal	7,095			—			4			—			—			7,099
Operating income (loss)	124,630			(4		)	5,050			(5,206		)	6,154			130,624
Interest expense	(72,765		)	—			(8,499		)	(2,622		)	(341		)	(84,227		)
Other income (expense), net	(354		)	—			—			5,813			(5,813		)	(354		)
Earnings (loss) before income taxes	51,511			(4		)	(3,449		)	(2,015		)	—			46,043
Income tax expense (benefit)	292			—			(676		)	—			—			(384		)
Equity in earnings (loss) of subsidiaries	(4,792		)	—			—			—			4,792			—
Net earnings (loss)	46,427			(4		)	(2,773		)	(2,015		)	4,792			46,427
Other comprehensive income (loss)	(45,576		)	—			2			(4		)	2			(45,576		)
Comprehensive income (loss)	$	851		$	(4	)	$	(2,771	)	$	(2,019	)	$	4,794		$	851

Condensed Cash Flow Statement [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in thousands)
	For the year ended July 31, 2017
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	185,640		$	(5	)	$	(36,297	)	$	4,410		$	(5,000	)	$	148,748
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(3,539		)	—			—			—			—			(3,539		)
Capital expenditures	(49,107		)	—			(1,365		)	—			—			(50,472		)
Proceeds from sale of assets	8,510			—			—			—			—			8,510
Cash collected for purchase of interest in accounts receivable	—			—			—			1,011,244			(1,011,244		)	—
Cash remitted to Ferrellgas, L.P for accounts receivable	—			—			—			(1,016,244		)	1,016,244			—
Net changes in advances with consolidated entities	(33,573		)	—			—			360			33,213			—
Other	(37		)	—			—			—			—			(37		)
Net cash used in investing activities	(77,746		)	—			(1,365		)	(4,640		)	38,213			(45,538		)
Cash flows from financing activities:
Distributions	(119,879		)	—			—			—			—			(119,879		)
Contributions	167,843			—			—			—			—			167,843
Proceeds from issuance of long-term debt	62,864			—			—			—			—			62,864
Payments on long-term debt	(174,292		)	—			—			—			—			(174,292		)
Net reductions in short-term borrowings	(41,510		)	—			—			—			—			(41,510		)
Net additions to collateralized short-term borrowings	—			—			—			5,000			—			5,000
Net changes in advances with parent	—			5			37,618			(4,410		)	(33,213		)	—
Cash paid for financing costs	(2,065		)	—			—			(360		)	—			(2,425		)
Net cash provided by (used in) financing activities	(107,039		)	5			37,618			230			(33,213		)	(102,399		)
Increase (decrease) in cash and cash equivalents	855			—			(44		)	—			—			811
Cash and cash equivalents - beginning of year	4,472			1			417			—			—			4,890
Cash and cash equivalents - end of year	$	5,327		$	1		$	373		$	—		$	—		$	5,701

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(in thousands)
	For the year ended July 31, 2016
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	102,569		$	(9	)	$	89,728		$	14,456		$	6,000		$	212,744
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(15,144		)	—			—			—			—			(15,144		)
Capital expenditures	(52,501		)	—			(65,017		)	—			—			(117,518		)
Proceeds from sale of assets	17,089			—			—			—			—			17,089
Cash collected for purchase of interest in accounts receivable	—			—			—			946,804			(946,804		)	—
Cash remitted to Ferrellgas, L.P for accounts receivable	—			—			—			(940,804		)	940,804			—
Net changes in advances with consolidated entities	38,759			—			—			—			(38,759		)	—
Other	(286		)	—			—			—			—			(286		)
Net cash provided by (used in) investing activities	(12,083		)	—			(65,017		)	6,000			(44,759		)	(115,859		)
Cash flows from financing activities:
Distributions	(269,541		)	—			—			—			—			(269,541		)
Contributions	30			—			—			—			—			30
Proceeds from issuance of long-term debt	168,117			—			—			—			—			168,117
Payments on long-term debt	(14,959		)	—			—			—			—			(14,959		)
Net additions to short-term borrowings	25,972			—			—			—			—			25,972
Net reductions in collateralized short-term borrowings	—			—			—			(6,000		)	—			(6,000		)
Net changes in advances with parent	—			9			(24,314		)	(14,454		)	38,759			—
Cash paid for financing costs	(1,214		)	—			—			—			—			(1,214		)
Net cash provided by (used in) financing activities	(91,595		)	9			(24,314		)	(20,454		)	38,759			(97,595		)
Effect of exchange rate changes on cash	2			—			—			(2		)	—			—
Increase (decrease) in cash and cash equivalents	(1,107		)	—			397			—			—			(710		)
Cash and cash equivalents - beginning of year	5,579			1			20			—			—			5,600
Cash and cash equivalents - end of year	$	4,472		$	1		$	417		$	—		$	—		$	4,890

FERRELLGAS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in thousands)
	For the year ended July 31, 2015
	Ferrellgas, L.P. (Parent and Co-Issuer)			Ferrellgas Finance Corp. (Co-Issuer)			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	197,740		$	(4	)	$	(12,875	)	$	10,627		$	21,000		$	216,488
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(71,750		)	—			(7,177		)	—			—			(78,927		)
Capital expenditures	(56,955		)	—			(15,526		)	—			—			(72,481		)
Proceeds from sale of assets	5,905			—			—			—			—			5,905
Cash collected for purchase of interest in accounts receivable	—			—			—			1,299,325			(1,299,325		)	—
Cash remitted to Ferrellgas, L.P for accounts receivable	—			—			—			(1,278,325		)	1,278,325			—
Net changes in advances with consolidated entities	(24,493		)	—			—			—			24,493			—
Other	(14		)	—			—			—			—			(14		)
Net cash provided by (used in) investing activities	(147,307		)	—			(22,703		)	21,000			3,493			(145,517		)
Cash flows from financing activities:
Distributions	(607,875		)	—			—			—			—			(607,875		)
Contributions	51,047			—			—			—			—			51,047
Proceeds from issuance of long-term debt	628,134			—			—			—			—			628,134
Payments on long-term debt	(119,457		)	—			—			—			—			(119,457		)
Net additions to short-term borrowings	5,800			—			—			—			—			5,800
Net reductions in collateralized short-term borrowings	—			—			—			(21,000		)	—			(21,000		)
Net changes in advances with parent	—			4			35,114			(10,625		)	(24,493		)	—
Cash paid for financing costs	(10,301		)	—			—			—			—			(10,301		)
Net cash provided by (used in) financing activities	(52,652		)	4			35,114			(31,625		)	(24,493		)	(73,652		)
Effect of exchange rate changes on cash	—			—			—			(2		)	—			(2		)
Decrease in cash and cash equivalents	(2,219		)	—			(464		)	—			—			(2,683		)
Cash and cash equivalents - beginning of year	7,798			1			484			—			—			8,283
Cash and cash equivalents - end of year	$	5,579		$	1		$	20		$	—		$	—		$	5,600