7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 
      
    		                                                                          
      cash flows from operating activities
    		                                                                          
      net income attributable to ugi corporation
    		-163,000,000 479,000,000 375,000,000              150,000,000 489,000,000 303,000,000                                                        
      adjustments to reconcile net income attributable to ugi corporation to net cash from operating activities:
    		                                                                          
      depreciation and amortization
    		140,000,000 138,000,000 138,000,000 137,000,000 139,000,000 138,000,000 137,000,000 135,000,000 134,000,000 132,000,000 131,000,000 131,000,000 130,000,000 128,000,000 129,000,000 127,000,000 125,000,000 126,000,000 124,000,000 121,900,000 122,500,000 120,200,000 119,400,000 118,100,000 109,900,000 108,900,000 111,200,000 113,800,000 118,800,000 112,200,000 110,300,000 114,800,000 104,100,000 99,300,000 98,100,000 101,500,000 98,100,000 100,700,000 100,600,000 102,600,000 92,500,000 88,000,000 91,000,000 91,200,000 90,000,000 87,700,000 94,000,000 96,800,000 91,900,000 87,300,000 87,100,000 88,300,000 84,600,000 59,300,000 57,800,000 55,500,000 55,300,000 52,900,000 51,700,000 52,600,000 53,000,000 52,100,000 51,300,000 49,800,000 47,700,000 46,900,000 46,800,000 45,800,000 44,900,000 43,600,000 42,100,000 41,800,000 41,700,000  
      deferred income tax benefit
    		-62,000,000 76,000,000 2,000,000 -31,000,000 -12,000,000 117,000,000 -22,000,000    -356,000,000     211,000,000 76,000,000   151,100,000 19,700,000 -29,800,000 5,000,000  -9,700,000 -8,200,000 -20,700,000            -20,900,000    -59,800,000                                
      benefit from uncollectible accounts
    		8,000,000 21,000,000 12,000,000 11,000,000 15,000,000 19,000,000 16,000,000 13,000,000 20,000,000 23,000,000 13,000,000 15,000,000 13,000,000 21,000,000 12,000,000 11,000,000 6,000,000 11,000,000 8,000,000 1,300,000 10,900,000 12,000,000 7,800,000 3,300,000 3,100,000 11,900,000 10,300,000 4,700,000 6,100,000 15,500,000 9,300,000 11,400,000 4,000,000 8,600,000 6,700,000 3,400,000 3,500,000 8,800,000 6,000,000 5,400,000 5,500,000 13,700,000 7,000,000 5,300,000 6,800,000 22,500,000 8,900,000 6,300,000 6,100,000 10,400,000 7,400,000 5,200,000 4,600,000 200,000 3,400,000 9,200,000 7,200,000 900,000 3,900,000 12,800,000 9,500,000 -1,700,000 200,000 17,900,000 17,700,000 9,000,000    2,500,000     
      changes in unrealized gains and losses on derivative instruments
    		137,000,000 -7,000,000 -100,000,000 -2,000,000 -42,000,000 -87,000,000 141,000,000 -184,000,000 153,000,000 311,000,000 1,402,000,000  -31,000,000 -738,000,000 397,000,000 -889,000,000 -324,000,000 -89,000,000 -96,000,000 -79,900,000 -155,700,000 127,300,000 27,300,000 57,400,000 39,500,000 -4,700,000 165,900,000                                                
      loss on disposals of businesses
    		                                                                          
      impairment of assets
    		   -4,000,000    0 0 0 19,000,000                                                                
      loss on extinguishments of debt
    		   2,000,000    0                0 0 0 6,100,000     0 4,400,000   11,800,000                0 -100,000                      
      loss (income) from equity investees
    		   -3,000,000            -6,000,000                                                           
      settlement of energy services interest rate swap, net of amortization
    		   -2,000,000                                                                       
      other
    		-2,000,000   14,000,000 -23,000,000 0 -11,000,000 -1,000,000 18,000,000 -20,000,000 22,000,000 -34,000,000 22,000,000 48,000,000 -33,000,000 21,000,000 -22,000,000 20,000,000 12,000,000 5,500,000 -2,800,000 700,000 -9,400,000 6,500,000 -300,000 -8,000,000 10,900,000 7,800,000 -7,100,000 -1,300,000 11,300,000 6,300,000 13,800,000 8,900,000 15,100,000 -19,600,000 11,400,000 -5,000,000 5,900,000 -36,200,000 19,500,000 7,900,000 -900,000 -33,300,000 1,900,000 -7,600,000 800,000 -30,100,000 -18,400,000 10,900,000 -3,800,000 -13,300,000 6,900,000 -25,500,000 4,300,000 13,000,000 1,100,000 -13,000,000 10,800,000 5,300,000 4,600,000 7,000,000 15,100,000 -300,000 -4,400,000 -3,100,000 -32,800,000 14,000,000 13,300,000 -12,100,000 -17,400,000 13,000,000 16,200,000  
      net change in:
    		                                                                          
      accounts receivable and accrued utility revenues
    		440,000,000 -117,000,000 -460,000,000 125,000,000 405,000,000 -11,000,000 -393,000,000 73,000,000 589,000,000 119,000,000 -569,000,000 55,000,000 457,000,000 -258,000,000 -685,000,000 -20,000,000 360,000,000 -158,000,000 -415,000,000 51,700,000 365,900,000 -4,000,000 -431,600,000 134,600,000 487,300,000 -81,000,000 -457,600,000 54,500,000 473,900,000 -145,500,000 -530,500,000 -16,900,000 337,600,000 12,700,000 -437,000,000 52,900,000 253,200,000 -55,400,000 -213,400,000 108,900,000 524,100,000 -127,900,000 -341,800,000 74,500,000 576,100,000 -124,300,000 -508,200,000 30,300,000 409,000,000 -142,000,000 -408,100,000 -5,700,000 365,100,000 27,100,000 356,200,000 36,500,000 -485,800,000 52,700,000 357,400,000 -67,800,000 -436,900,000 11,200,000 359,100,000 49,200,000 -340,000,000 217,800,000 354,700,000 -83,300,000 -511,400,000 56,500,000 307,400,000 -143,200,000 -301,200,000  
      income taxes receivable
    		-4,000,000       0 0 14,000,000 77,000,000     0 -1,000,000                                                          
      inventories
    		-7,000,000 45,000,000 20,000,000 -27,000,000 -4,000,000 61,000,000 2,000,000 -28,000,000 21,000,000 187,000,000 67,000,000 -182,000,000 -106,000,000 145,000,000 -81,000,000 -176,000,000 -28,000,000 7,000,000 -34,000,000 -33,000,000 -20,800,000 64,400,000 -15,600,000 -17,100,000 7,700,000 70,500,000 23,000,000 -65,500,000 -28,900,000 80,500,000 -23,500,000 -60,300,000 -8,300,000 26,300,000 -22,400,000 -25,200,000 -9,000,000 72,700,000 -9,100,000 -29,600,000 3,000,000 180,400,000 27,600,000 -99,900,000 -8,200,000 88,100,000 -45,100,000 -49,500,000 -10,400,000 83,800,000 -19,300,000 -38,900,000 26,100,000 -97,400,000 -47,700,000 171,300,000 -66,900,000 -72,600,000 -29,200,000 161,300,000 -25,200,000 -92,000,000 -93,600,000 174,500,000 78,100,000 -88,700,000 -89,100,000 168,800,000 -33,300,000 -105,200,000 -43,600,000 138,600,000 1,100,000  
      utility deferred fuel and power costs, net of changes in unsettled derivatives
    		-22,000,000 1,000,000 -2,000,000  2,000,000 -23,000,000 26,000,000  33,000,000 58,000,000 -18,000,000    -22,000,000  -3,000,000 -10,000,000 4,000,000  14,400,000 2,600,000 4,800,000  -2,300,000 -4,500,000 -12,500,000  8,300,000 19,900,000 11,600,000  -4,900,000 -6,600,000 -1,000,000  -3,700,000 -1,000,000 -6,800,000  3,600,000 51,400,000 4,400,000  -7,400,000                              
      accounts payable
    		-142,000,000 -7,000,000 120,000,000 51,000,000 -130,000,000 -151,000,000 131,000,000 74,000,000 -217,000,000 -271,000,000 123,000,000 35,000,000 -56,000,000 -48,000,000 154,000,000 243,000,000 -58,000,000 -6,000,000 187,000,000 40,300,000 -98,000,000 -121,900,000 182,600,000 700,000 -219,000,000 -96,300,000 217,400,000 82,800,000 -153,900,000 -98,800,000 235,000,000 44,800,000 -124,300,000 -92,000,000 221,400,000 27,800,000 -61,900,000 -39,600,000 33,700,000 36,300,000 -203,000,000 -87,500,000 119,300,000 44,500,000 -234,900,000 -51,800,000 245,900,000 65,600,000 -201,900,000 10,200,000 164,800,000 53,500,000 -114,900,000 70,500,000 -114,400,000 -217,200,000 280,300,000 57,100,000 -128,500,000 -88,300,000 206,800,000 92,600,000 -163,500,000 -149,000,000 73,800,000 -57,300,000 -108,600,000 -129,200,000 289,100,000 64,600,000 -148,000,000 -33,400,000 147,100,000  
      derivative instruments collateral deposits received
    		-63,000,000 20,000,000 47,000,000          43,000,000    68,000,000 31,000,000 13,000,000    20,400,000                                                    
      other current assets
    		23,000,000 -2,000,000 36,000,000 -35,000,000 22,000,000 -26,000,000 45,000,000 -14,000,000 -43,000,000 27,000,000 -6,000,000 -39,000,000 55,000,000 26,000,000 12,000,000 7,000,000 12,000,000 14,000,000 -43,000,000 -39,400,000 80,700,000 4,700,000 -8,000,000 -34,800,000 14,400,000 76,400,000 -11,400,000 -26,100,000 17,800,000 15,700,000 -34,000,000 -40,600,000 4,400,000 6,000,000 -7,300,000 300,000 3,700,000 -15,200,000 2,600,000 -21,900,000 4,600,000 6,600,000 -14,900,000 -12,400,000 7,600,000 -1,600,000 5,200,000 -16,100,000 16,900,000 4,300,000 31,200,000 -35,300,000 3,400,000 4,900,000 7,000,000 -20,700,000 6,900,000 -3,200,000 2,500,000 -10,400,000 1,700,000 -11,700,000 22,100,000 5,800,000 14,100,000          
      other current liabilities
    		-52,000,000 33,000,000 -24,000,000 38,000,000 -62,000,000 -4,000,000 -33,000,000 36,000,000 -34,000,000 42,000,000 -62,000,000 52,000,000 -93,000,000 79,000,000 -42,000,000 12,000,000 -46,000,000 -49,000,000 70,000,000 -58,000,000 -102,500,000 99,300,000 10,200,000 46,400,000 -74,800,000 49,300,000 -12,300,000 -54,400,000 -64,400,000 111,600,000 -11,800,000 38,000,000 -57,700,000 -16,600,000 39,000,000 15,000,000 -39,800,000 12,900,000 59,600,000 -2,100,000 -101,700,000 11,500,000 48,100,000 50,600,000 -47,400,000 -24,300,000 76,700,000 51,600,000 -73,100,000 6,500,000 -7,200,000 78,900,000 -61,800,000 26,300,000 -76,400,000 -26,900,000 10,700,000 58,400,000 -61,800,000 -45,200,000 24,700,000 16,900,000 -33,700,000 -43,900,000 73,000,000          
      net cash from operating activities
    		289,000,000 684,000,000 164,000,000 151,000,000 390,000,000   250,000,000 433,000,000   -132,000,000 448,000,000   434,000,000 401,000,000 495,000,000 151,000,000 139,200,000 400,400,000 444,000,000 118,400,000 153,500,000 307,000,000 521,000,000 96,600,000 158,500,000 347,400,000 548,000,000 31,400,000 118,400,000 261,000,000 458,400,000 126,600,000 106,700,000 244,700,000 490,800,000 127,500,000 195,700,000 310,300,000 638,800,000 19,000,000 147,300,000 375,100,000 410,100,000 72,900,000 115,100,000 205,600,000   141,500,000 231,500,000 87,500,000 175,100,000   82,100,000 212,400,000   71,700,000 150,700,000   112,400,000 188,400,000   99,400,000 134,300,000   164,600,000 
      capex
    		-222,000,000 -146,000,000 -211,000,000 -266,000,000 -205,000,000   -304,000,000 -256,000,000   -253,000,000 -196,000,000   -230,000,000 -156,000,000 -117,000,000 -187,000,000 -183,900,000 -129,100,000 -160,000,000 -182,000,000 -194,400,000 -169,600,000 -157,300,000 -183,300,000 -180,200,000 -128,100,000 -118,600,000 -147,500,000 -167,000,000 -130,100,000 -144,700,000 -197,100,000 -193,200,000 -116,000,000 -122,600,000 -132,000,000 -160,200,000 -96,900,000 -101,400,000 -132,100,000 -131,300,000 -101,100,000 -91,300,000 -133,100,000 -194,400,000 -106,800,000   -103,400,000 -83,700,000 -115,400,000 -77,900,000   -118,500,000 -83,000,000   -88,300,000 -74,600,000   -79,300,000 -54,300,000   -69,300,000 -51,600,000   0 
      free cash flows
    		67,000,000 538,000,000 -47,000,000 -115,000,000 185,000,000   -54,000,000 177,000,000   -385,000,000 252,000,000   204,000,000 245,000,000 378,000,000 -36,000,000 -44,700,000 271,300,000 284,000,000 -63,600,000 -40,900,000 137,400,000 363,700,000 -86,700,000 -21,700,000 219,300,000 429,400,000 -116,100,000 -48,600,000 130,900,000 313,700,000 -70,500,000 -86,500,000 128,700,000 368,200,000 -4,500,000 35,500,000 213,400,000 537,400,000 -113,100,000 16,000,000 274,000,000 318,800,000 -60,200,000 -79,300,000 98,800,000   38,100,000 147,800,000 -27,900,000 97,200,000   -36,400,000 129,400,000   -16,600,000 76,100,000   33,100,000 134,100,000   30,100,000 82,700,000   164,600,000 
      cash flows from investing activities
    		                                                                          
      expenditures for property, plant and equipment
    		-222,000,000 -146,000,000 -211,000,000 -266,000,000 -205,000,000 -169,000,000 -156,000,000 -304,000,000 -256,000,000 -204,000,000 -210,000,000 -253,000,000 -196,000,000 -169,000,000 -186,000,000 -230,000,000 -156,000,000 -117,000,000 -187,000,000 -183,900,000 -129,100,000 -160,000,000 -182,000,000 -194,400,000 -169,600,000 -157,300,000 -183,300,000 -180,200,000 -128,100,000 -118,600,000 -147,500,000 -167,000,000 -130,100,000 -144,700,000 -197,100,000 -193,200,000 -116,000,000 -122,600,000 -132,000,000 -160,200,000 -96,900,000 -101,400,000 -132,100,000 -131,300,000 -101,100,000 -91,300,000 -133,100,000 -194,400,000 -106,800,000 -93,500,000 -91,300,000 -103,400,000 -83,700,000 -115,400,000 -77,900,000 -81,800,000 -85,600,000 -118,500,000 -83,000,000 -70,800,000 -75,000,000 -88,300,000 -74,600,000 -65,900,000 -72,900,000 -79,300,000 -54,300,000 -46,700,000 -51,800,000 -69,300,000 -51,600,000 -48,400,000 -53,800,000  
      net proceeds from the disposition of businesses and assets
    		                                                                          
      investments in equity method investees
    		-1,000,000 0 -25,000,000 -26,000,000 -19,000,000 -28,000,000 -19,000,000 -45,000,000 -38,000,000 -23,000,000 -40,000,000 -6,000,000 -31,000,000   -4,000,000 0                                                          
      settlements of net investment hedges
    		   0    0 0   0                                                               
      net cash provided (used) by investing activities
    		-132,000,000 -135,000,000 -232,000,000                                                                        
      cash flows from financing activities
    		                                                                          
      dividends on ugi common stock
    		-80,000,000 -80,000,000 -81,000,000 -80,000,000 -81,000,000 -78,000,000 -79,000,000 -78,000,000 -79,000,000 -75,000,000 -76,000,000 -76,000,000 -75,000,000 -73,000,000 -72,000,000 -72,000,000 -72,000,000 -69,000,000 -69,000,000 -68,600,000 -68,800,000 -67,700,000 -67,900,000 -56,700,000 -52,300,000 -45,200,000 -45,300,000 -45,100,000 -45,200,000 -43,300,000 -43,300,000 -43,300,000 -43,300,000 -41,100,000 -41,200,000 -41,100,000 -41,100,000 -39,300,000 -39,200,000 -39,200,000 -39,300,000 -37,500,000 -37,500,000 -37,500,000 -33,800,000 -32,400,000 -32,400,000 -32,400,000 -32,200,000 -30,600,000 -30,600,000 -30,400,000 -30,400,000 -29,100,000 -29,000,000 -27,900,000 -27,800,000 -27,500,000 -27,500,000 -21,700,000 -21,900,000 -21,800,000 -21,700,000 -20,800,000 -20,800,000 -20,700,000 -20,700,000 -19,800,000 -19,700,000 -19,700,000 -19,700,000 -18,700,000 -18,700,000  
      issuances of long-term debt, net of discount and issuance costs
    		654,000,000 24,000,000 875,000,000  787,000,000 79,000,000 330,000,000  590,000,000                                                                  
      repayments of long-term debt and finance leases, including redemption premiums
    		-765,000,000 -283,000,000 -659,000,000  -1,004,000,000 -101,000,000 -144,000,000  -734,000,000 -1,091,000,000 -128,000,000  -254,000,000 -28,000,000 -524,000,000                                                            
      increase in short-term borrowings
    		-73,000,000 -8,000,000 -40,000,000 111,000,000 51,000,000 -150,000,000 -160,000,000 172,000,000 -4,000,000 -434,000,000 487,000,000   -132,000,000 212,000,000    165,000,000    51,400,000    243,400,000    212,500,000   -149,400,000 -66,700,000   -207,800,000 260,400,000   -325,200,000 213,000,000                                
      receivables facility net (repayments) borrowings
    		   0 -36,000,000               -20,600,000        2,000,000                34,500,000 -37,500,000                              
      payments on purchase contracts
    		   0 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000 -4,000,000                                                            
      issuances of ugi common stock
    		14,000,000       0 3,000,000 4,000,000 5,000,000 5,000,000 8,000,000 -2,000,000 8,000,000 4,000,000 9,000,000 2,000,000 4,000,000 -300,000 1,600,000 100,000 600,000 1,500,000 3,500,000 4,900,000 6,900,000 -25,600,000 57,400,000 1,700,000 1,400,000 0 5,100,000 2,600,000 3,300,000 700,000 7,800,000 3,200,000 2,000,000 1,600,000 5,300,000 -500,000 5,500,000 3,900,000 -3,300,000 8,600,000 1,700,000 7,900,000 9,400,000 8,500,000 10,600,000 10,500,000 3,800,000 2,400,000 3,000,000 10,300,000 11,600,000    1,700,000 5,200,000 3,300,000 600,000 1,700,000 4,100,000 12,200,000 3,000,000 1,600,000    5,800,000  
      repurchases of ugi common stock
    		0       0 0 -10,000,000 -12,000,000 0        300,000 0 -15,700,000 -22,600,000 0 0 0 -16,900,000 -16,300,000 -29,400,000 -4,600,000 -9,500,000 -14,600,000 -3,200,000   -22,900,000 0 -1,100,000 -23,600,000 -16,800,000 0   -18,400,000 -16,900,000                              
      net cash provided (used) by financing activities
    		-237,000,000 -363,000,000 95,000,000                120,000,000                                 -156,300,000 -105,400,000                      
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		12,000,000 6,000,000 -9,000,000 5,000,000 -2,000,000 -4,000,000 5,000,000 -8,000,000 -12,000,000 -9,000,000 38,000,000 -27,000,000 -20,000,000 -9,000,000 -5,000,000 -12,000,000   7,000,000 18,500,000 6,300,000 -5,300,000 8,500,000                                                    
      cash, cash equivalents and restricted cash increase
    		-68,000,000 192,000,000 18,000,000    -38,000,000    75,000,000 -215,000,000 -89,000,000 415,000,000 -519,000,000 301,000,000 104,000,000 26,000,000 89,000,000 -175,000,000 130,100,000 -27,500,000 -81,600,000 -65,200,000 57,600,000 23,400,000 32,800,000                                                
      cash, cash equivalents and restricted cash
    		                                                                          
      cash, cash equivalents and restricted cash at end of period
    		-68,000,000 192,000,000 246,000,000  -97,000,000 6,000,000 302,000,000  -65,000,000 -141,000,000 544,000,000  -89,000,000 415,000,000 358,000,000  104,000,000 26,000,000 446,000,000  130,100,000 -27,500,000 429,200,000 -65,200,000 57,600,000 23,400,000 495,000,000                                                
      cash, cash equivalents and restricted cash at beginning of period
    		0 0 228,000,000  0 0 340,000,000  0 0 469,000,000  0 0 877,000,000  0 0 357,000,000  0 0 510,800,000 0 0 0 462,200,000                                                
      loss on disposal of business
    		                                                                          
      amortization of energy services interest rate swap settlement
    		     -5,000,000 -6,000,000                                                                    
      net proceeds from the disposition of assets
    		 9,000,000 4,000,000                                                                        
      net income including noncontrolling interests
    		   -273,000,000 -48,000,000 496,000,000 94,000,000 131,000,000 -789,000,000 110,000,000 -954,000,000         9,700,000 84,700,000 225,600,000 212,000,000 -130,800,000 -46,500,000 396,700,000 88,500,000 -7,800,000 -11,700,000 407,700,000 434,200,000 -16,700,000 -62,200,000 311,800,000 290,900,000 -115,700,000 28,600,000 408,000,000 167,900,000                                    
      adjustments to reconcile net income including noncontrolling interests to net cash from operating activities:
    		                                                                          
      impairment of goodwill
    		       0                                                                   
      equity-based compensation expense
    		                                                                          
      gain on sales of fixed assets
    		                                                                          
      utility deferred fuel costs, net of changes in unsettled derivatives
    		                                              2,100,000 -11,200,000 -12,800,000 28,500,000 4,800,000           -29,900,000    -31,900,000         
      derivative instruments collateral paid
    		                                                                          
      acquisitions of businesses and assets, net of cash and restricted cash acquired
    		         0 -9,000,000 -54,000,000 0   -389,000,000 4,000,000 0 -12,000,000 -15,600,000 0                                                      
      net cash used by investing activities
    		   -241,000,000 -198,000,000 -188,000,000 -165,000,000 -316,000,000 -288,000,000 -202,000,000 -271,000,000 -295,000,000 -202,000,000 -361,000,000 -154,000,000 -608,000,000 -148,000,000 -168,000,000 -189,000,000 -199,000,000 -123,100,000 -151,000,000 -175,900,000 -1,491,800,000 -170,200,000 -199,300,000 -194,000,000 -175,000,000 -141,200,000 -104,200,000 -327,500,000 -231,700,000 -193,600,000 -145,700,000 -192,400,000 -191,500,000 -98,900,000 -112,900,000 -155,300,000 -201,300,000 -509,200,000 -95,500,000 -170,300,000 -150,200,000 -100,100,000 -88,500,000 -148,800,000 -236,600,000 -110,800,000 -112,500,000 -93,400,000 -104,500,000 -86,000,000 -143,400,000 -86,700,000 -81,200,000 -104,100,000 -114,500,000 -85,900,000 -106,400,000 -92,500,000 -36,100,000 2,800,000 -109,800,000 -376,800,000 -149,800,000 -54,800,000 -29,200,000 -55,700,000 -56,200,000 -93,300,000 -7,700,000 -66,600,000 -129,800,000 
      issuances of debt, net of discount and issuance costs
    		                                                                          
      repayments of debt and finance leases, including redemption premiums
    		                                                                          
      net cash used by financing activities
    		   102,000,000 -287,000,000            -147,000,000    -153,500,000    -81,000,000   -35,900,000 -162,100,000           -9,800,000 130,600,000    -330,000,000         -13,500,000 -69,500,000   38,200,000 -145,300,000   -1,000,000 -111,700,000    -102,100,000    -69,900,000    
      cash, cash equivalents and restricted cash decrease
    		   17,000,000 -97,000,000    -65,000,000                                                                  
      cash, cash equivalents and restricted cash at end of year
    		                                                                          
      cash, cash equivalents and restricted cash at beginning of year
    		                                                                          
      supplemental cash flow information
    		                                                                          
      cash paid (received) for:
    		                                                                          
      interest
    		                                                                          
      income taxes
    		                                                                          
      loss on disposal of ugi international energy marketing business
    		    1,000,000 0 28,000,000                                                                    
      impairment of held-for-sale assets
    		                                                                          
      derivative instruments collateral deposits paid
    		    31,000,000 -3,000,000 -35,000,000    -343,000,000              -2,300,000                                                  
      net proceeds (payments) from the disposition of businesses and assets
    		                                                                          
      acquisitions of businesses and assets, net of cash acquired
    		                        100,000 -43,500,000 -15,000,000 3,500,000 -16,400,000 1,500,000 -175,800,000                                            
      settlement of energy services interest rate swap
    		        0                                                                  
      adjustments to reconcile net income including noncontrolling interests to net cash provided (used) by operating activities:
    		                                                                          
      income from equity investees
    		      -1,000,000   0 -1,000,000  45,000,000 -5,000,000 -8,000,000   -10,000,000 -7,000,000  -7,500,000 -8,000,000 -6,500,000                                                    
      net cash provided (used) by operating activities
    		      119,000,000                                            31,100,000          17,100,000              
      receivables facility net borrowings
    		      60,000,000 1,000,000 30,000,000 -106,000,000 121,000,000        56,000,000    22,000,000 -10,600,000   8,000,000    6,000,000 9,000,000   9,500,000    6,500,000 -500,000   35,500,000    5,500,000 20,500,000 -1,500,000 -22,000,000 33,000,000  0                      
      net cash from financing activities
    		      3,000,000    548,000,000    234,000,000            134,000,000    181,100,000    98,600,000    68,400,000    149,800,000    101,100,000    87,500,000      22,200,000    13,100,000    373,700,000    96,000,000    2,500,000  
      deferred income tax (benefit) expense
    		       -2,000,000 -72,000,000      -82,000,000             113,700,000 9,000,000            -6,200,000                                  
      (income) income from equity investees
    		       0                                                                   
      gain on sale of fixed assets
    		                                                                          
      derivative instruments collateral (paid) received
    		                                                                          
      issuances of preferred stock, net of issuance costs
    		                                                                          
      net cash (used) provided by financing activities
    		                      -32,600,000                         99,900,000 -141,000,000                          
      loss on disposal of u.k. energy marketing business
    		        0 0 215,000,000                                                                
      amortization of settled energy services interest rate swap
    		                                                                          
      derivative instruments collateral deposits (paid) received
    		        -36,000,000      -260,000,000            -22,200,000                                                
      loss on extinguishment of debt
    		            0 0 11,000,000                    33,200,000                    0                    
      adjustments to reconcile net income including noncontrolling interests to net cash used by operating activities:
    		                                                                          
      net cash used by operating activities
    		          -240,000,000                                                      -60,400,000    -82,600,000    -100,000  
      issuances of long-term debt, net of issuance costs
    		          155,000,000  219,000,000 30,000,000 614,000,000  100,000,000    149,200,000 15,000,000 15,000,000  0 149,200,000 728,900,000                                                
      deferred income tax expense
    		           79,000,000 -18,000,000      25,000,000                  27,400,000                                      
      changes in unrealized gains on derivative instruments
    		                                                                          
      loss on disposals of conemaugh and hvac
    		                                                                          
      issuances of debt, net of issuance costs
    		                           0 100,000 0 124,300,000 0 0 517,500,000 789,600,000                                        
      repayments of debt and finance leases
    		                                                                          
      receivables facility net repayments
    		                -17,000,000                                      0 0 -12,100,000                  
      cash paid for:
    		                                                                          
      net income including noncontrolling interest
    		            -7,000,000 934,000,000 -96,000,000                                                            
      decrease in short-term borrowings
    		                -116,000,000    -227,400,000    -17,700,000    6,700,000                                              
      issuance of preferred stock, net of issuance costs
    		                                                                          
      adjustments to reconcile net income including noncontrolling interests to net cash (used) provided by operating activities:
    		                                                                          
      net cash (used) provided by operating activities
    		              -594,000,000                                          -36,000,000                  
      derivative instruments collateral received
    		                                                                          
      distributions on amerigas partners publicly held common units
    		                       -65,000,000 -66,600,000 -65,800,000 -65,700,000 -65,700,000 -65,800,000 -65,800,000 -65,700,000 -65,800,000 -65,700,000 -65,100,000 -65,000,000 -65,000,000 -65,100,000 -63,600,000 -63,600,000 -63,600,000 -63,600,000 -60,900,000 -60,800,000 -60,800,000          -24,000,000 -24,000,000 -22,900,000 -22,800,000 -22,900,000 -22,800,000 -21,700,000 -21,700,000 -27,200,000 -21,700,000 -20,800,000 -20,700,000 -20,700,000 -20,700,000 -19,800,000 -19,700,000 -27,800,000 -19,700,000 -18,800,000 -18,700,000  
      cash paid for amerigas merger
    		                                                                          
      impairment of assets held-for-sale
    		                                                                          
      repayments of long-term debt and finance leases
    		                -264,000,000 -29,000,000 -36,000,000                                                        
      impairment of partnership tradenames and trademarks
    		                           0                                               
      repayments of debt, including redemption premiums
    		                           -7,800,000 -77,000,000 -22,400,000 -41,900,000 -8,600,000 -127,600,000 -397,700,000 -530,900,000                                        
      repayments of long-term debt
    		                     -28,900,000 -31,100,000  -4,200,000 -3,200,000 -721,100,000                                                
      loss on private equity partnership investment
    		                                                                          
      effect of exchange rate changes on cash
    		                        1,800,000 -3,700,000 -3,800,000  -12,200,000 5,900,000 3,000,000  20,300,000 4,400,000 -20,400,000  -11,000,000 13,300,000 -7,300,000  8,700,000 -20,200,000 -7,900,000 -15,700,000 -200,000 400,000 3,600,000 9,100,000 1,700,000 -6,500,000 3,000,000 2,700,000 -6,000,000 -9,900,000 800,000 3,100,000 -3,400,000 13,100,000 -10,100,000 -6,100,000 -2,200,000 5,400,000 5,700,000 -500,000 -6,200,000 -12,700,000 400,000 8,100,000 2,800,000 6,600,000 1,500,000 1,200,000 2,400,000  
      adjustments to reconcile net income including noncontrolling interest to net cash from operating activities:
    		                                                                          
      settlement of ugi utilities interest rate protection agreements
    		                                   0                                       
      decrease in restricted cash
    		                           -1,800,000   -9,500,000  -6,400,000 7,600,000 7,700,000                  9,200,000                      
      effect of exchange rate changes on cash and cash equivalents
    		                                                                          
      cash and cash equivalents increase
    		                           -54,100,000 31,900,000 28,400,000 -112,000,000 -45,900,000 -33,500,000 122,600,000 12,400,000 -406,400,000 443,000,000 63,200,000 33,300,000 -16,200,000 -59,600,000 35,400,000 -9,400,000 -18,900,000 -55,200,000 75,500,000 28,800,000 -12,500,000 -44,500,000 98,200,000 28,200,000 -116,600,000 34,100,000 -79,300,000 19,700,000       40,000,000    -27,000,000 31,900,000       22,100,000 
      cash and cash equivalents
    		                                                                          
      end of year
    		                                                                          
      beginning of year
    		                                                                          
      increase
    		                           -54,100,000 31,900,000 28,400,000 -112,000,000 -45,900,000 -33,500,000 122,600,000 12,400,000 -406,400,000 443,000,000 63,200,000 33,300,000 -16,200,000 -59,600,000 35,400,000 -9,400,000 -18,900,000 -55,200,000 75,500,000 28,800,000 -12,500,000 -44,500,000 98,200,000 28,200,000 -116,600,000 34,100,000 -79,300,000 19,700,000       40,000,000    -27,000,000 31,900,000       22,100,000 
      change in unrealized gains and losses on derivative instruments
    		                                                                          
      end of period
    		                            31,900,000 28,400,000 446,400,000  -33,500,000 122,600,000 515,200,000  443,000,000 63,200,000 403,000,000  -59,600,000 35,400,000 410,100,000  -55,200,000 75,500,000 418,100,000  -44,500,000 98,200,000 348,100,000  34,100,000  19,700,000 158,700,000 139,400,000  -28,900,000 55,100,000 215,600,000  47,500,000 17,100,000 175,500,000  31,900,000 28,000,000 212,300,000  -27,400,000 73,900,000 124,400,000  
      beginning of period
    		                            0 0 558,400,000  0 0 502,800,000  0 0 369,700,000  0 0 419,500,000  0 0 389,300,000  0 0 319,900,000  0  0 0 260,700,000  0 0 280,100,000  0 0 245,200,000  0 0 251,800,000  0 0 186,200,000 -314,700,000 
      change in unrealized losses (gains) on derivative instruments
    		                             48,100,000 -6,600,000                                            
      increase in restricted cash
    		                                       -24,200,000 11,500,000 -2,100,000 -38,000,000     -2,300,000   -3,900,000       -11,900,000 16,000,000 -29,300,000 -2,600,000    -46,100,000    -6,900,000    -10,900,000  
      deferred income taxes
    		                              -173,900,000 63,200,000 -2,500,000           45,500,000 8,200,000 32,700,000 -19,700,000 13,200,000 16,700,000 17,200,000 1,600,000 73,000,000 -1,100,000 57,900,000 6,900,000 38,600,000 -20,700,000 15,700,000 21,200,000 35,900,000 -10,200,000 35,100,000 8,400,000 12,500,000 -29,200,000 -700,000 5,400,000 -14,300,000 8,700,000 19,900,000 3,700,000 1,800,000 1,700,000  
      changes in unrealized (gains) losses on derivative instruments
    		                                                                          
      acquisitions of businesses, net of cash acquired
    		                               -48,800,000 -45,500,000 -6,500,000 -800,000 -900,000 -10,900,000 -7,700,000 -41,700,000 -19,300,000 -420,900,000 -100,000 -7,200,000 -13,800,000 -2,000,000 -500,000 -20,800,000 -54,600,000 -800,000   -6,800,000 -11,900,000 -2,900,000 -5,000,000 -6,800,000 -37,800,000 -57,600,000 -15,700,000 -5,300,000 -4,400,000 -3,100,000 -2,400,000 -16,400,000 -300,700,000 200,000 -700,000 -2,000,000 1,200,000    -100,000  
      decrease (increase) in restricted cash
    		                                   -6,000,000 30,400,000 15,500,000 13,800,000        3,800,000       -7,000,000 -600,000 9,800,000 15,400,000                  
      change in unrealized gains on derivative instruments
    		                                52,600,000                                          
      deferred income tax benefits
    		                                  -5,900,000                                        
      change in unrealized losses on derivative instruments
    		                                  -104,200,000                                        
      collateral deposits
    		                                      2,500,000    -90,900,000                                
      unrealized (gains) losses on derivative instruments
    		                                   41,400,000 -67,900,000 -64,000,000 -1,100,000        -5,200,000                            
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                          
      issuances of debt
    		                                       7,700,000    -500,000 -100,000       -200,000 -600,000 499,100,000 300,000       9,900,000 0 100,000 108,000,000 2,800,000 10,900,000     0 100,000  
      repayments of debt
    		                                    -948,600,000 -3,900,000 -74,500,000 -23,000,000 -399,500,000 -4,300,000 -2,600,000 -5,800,000 -54,000,000 -178,700,000 -4,100,000 -140,200,000 -19,000,000 -3,200,000 -6,300,000 -59,800,000 -21,400,000 -396,300,000 -3,300,000 -981,000,000 -3,000,000 -85,300,000 -2,300,000 -5,300,000 -1,900,000 -5,700,000 -1,000,000 -74,900,000 -600,000  2,300,000 -8,600,000 -800,000    -1,100,000  
      cash and cash equivalents:
    		                                                                          
      unrealized losses (gains) on derivative instruments
    		                                          229,700,000 15,500,000 -4,900,000                              
      net income
    		                                        -15,900,000 482,200,000 200,000 -60,000,000 -12,700,000 387,800,000 217,500,000 -54,200,000 -15,100,000 326,200,000 170,700,000 -74,000,000 -76,500,000 -48,900,000 -13,500,000 215,600,000 155,000,000 -18,400,000 -4,200,000 232,800,000 145,500,000 -11,000,000 -3,600,000 158,200,000 114,900,000 -6,300,000 15,700,000 126,100,000 80,000,000 10,700,000 11,500,000 120,200,000 61,900,000  
      unrealized losses on derivative instruments
    		                                        -15,700,000                                  
      increase in credit agreement borrowings
    		                                                                          
      issuances of amerigas partners common units
    		                                                                          
      decrease in bank loans
    		                                                                          
      distributions on amerigas partners common units
    		                                             -58,100,000 -58,000,000  -58,000,000 -55,300,000 -55,200,000  -55,200,000                      
      increase in bank loans
    		                                             -136,700,000 188,200,000 71,300,000 -40,600,000 -133,100,000 134,700,000 10,700,000 -1,600,000 -80,000,000 -16,600,000 -52,900,000 74,900,000   -71,300,000 56,900,000              
      stock-based compensation expense
    		                                                                          
      unrealized gains on derivative instruments
    		                                                                          
      supplemental cash flow information:
    		                                                                          
      net change in realized gains and losses deferred as cash flow hedges
    		                                                -3,300,000 6,400,000 1,900,000 5,100,000 1,100,000 -1,600,000 1,800,000 6,600,000 5,400,000                  
      issuance of amerigas partners common units
    		                                                    0                      
      gain on sales of atlantic energy, llc
    		                                                                          
      net proceeds from sale of atlantic energy, llc
    		                                                                          
      reconcile to net cash from operating activities:
    		                                                                          
      utility deferred fuel costs
    		                                                    -5,900,000  -10,300,000 27,800,000 15,500,000  100,000 -19,800,000 18,700,000              
      gains on sales of lpg storage facilities
    		                                                                          
      net proceeds from sale of partnership lpg storage facility
    		                                                                          
      loss on interest rate hedges
    		                                                                          
      cash and cash equivalents decrease
    		                                                        -121,300,000  -28,900,000 55,100,000 -64,500,000   17,100,000 -69,700,000    -39,500,000    -61,800,000  
      decrease
    		                                                        -121,300,000  -28,900,000 55,100,000 -64,500,000   17,100,000 -69,700,000    -39,500,000    -61,800,000  
      gain on sale of partnership california storage facility
    		                                                                          
      net change in settled accumulated other comprehensive income
    		                                                          700,000 5,800,000 24,900,000 12,200,000 -3,700,000 1,800,000 -31,300,000 -7,100,000 -1,200,000   -5,500,000 8,700,000    
      net proceeds from sale of partnership california storage facility
    		                                                                          
      issuance of debt
    		                                                                          
      proceeds from sale of partnership california storage facility
    		                                                                          
      partnership collateral deposits
    		                                                                -114,000,000          
      net proceeds from disposals of assets
    		                                                            500,000    500,000 900,000 4,200,000 2,900,000 3,900,000 1,400,000 300,000 -300,000 1,800,000  
      gains on sales of partnership storage facilities
    		                                                                          
      minority interests principally in amerigas partners
    		                                                                          
      net (costs of) proceeds from disposals of assets
    		                                                                          
      net proceeds from sales of partnership lpg storage facilities
    		                                                                          
      pg energy acquisition working capital adjustment
    		                                                                          
      minority interests, principally in amerigas partners
    		                                                              -8,600,000 83,600,000 69,000,000 -11,600,000 -4,900,000 75,400,000 30,900,000      
      gain on sale of california storage facility
    		                                                              0 0 -39,900,000          
      proceeds from sale of california storage faciliy
    		                                                                          
      increase in ugi utilities bank loans
    		                                                              -68,000,000 -105,000,000 226,000,000    67,000,000      
      increase in amerigas propane bank loans
    		                                                                146,000,000  -30,000,000 -11,000,000 67,000,000      
      other bank loans increase
    		                                                              -2,300,000 -8,800,000 -65,900,000 71,800,000 -100,000 -200,000 600,000    -400,000  
      deferred fuel costs
    		                                                               28,900,000 10,100,000    2,600,000 -20,800,000 -3,500,000 -1,100,000 -300,000  
      proceeds from sale of california storage facility
    		                                                               0 42,400,000          
      gain on sale of arizona storage facility
    		                                                                          
      proceeds from sale of arizona storage facility
    		                                                                          
      net proceeds from sale of energy ventures
    		                                                                          
      decrease in short-term investments
    		                                                                          
      repayments of debt including bank loans with maturities greater than three months
    		                                                                     -5,200,000 -19,500,000    
      increase in ugi utilities bank loans with maturities of three months or less
    		                                                                        34,000,000  
      minority interest activity
    		                                                                          
      excess tax benefits from equity-based payment arrangements
    		                                                                        1,500,000  
      other current assets and liabilities
    		                                                                  -36,200,000 -1,900,000 -7,400,000 71,600,000 -47,800,000 -1,400,000 400,000  
      pg energy acquisition working capital settlement
    		                                                                      0    
      short-term investments increase
    		                                                                      0    
      decrease in ugi utilities bank loans
    		                                                                  -66,000,000        
      deferred fuel costs, net of changes in unsettled derivatives
    		                                                                          
      tax benefit on exercise of stock options
    		                                                                          
      investment in zlh
    		                                                                          
      decrease (increase) in short-term investments
    		                                                                          
      issuances of debt including bank loans with maturities greater than three months
    		                                                                     -100,000     
      redemption of ugi utilities preferred shares subject to mandatory redemption
    		                                                                          
      cash flows from operating activities:
    		                                                                          
      adjustments to reconcile to net cash from operating activities:
    		                                                                          
      minority interests
    		                                                                      -3,000,000 68,000,000 31,300,000  
      loss on early extinguishments of debt
    		                                                                          
      cash flows from investing activities:
    		                                                                          
      investment in flaga joint venture
    		                                                                          
      acquisitions, net of cash acquired
    		                                                                      -27,400,000    
      cash flows from financing activities:
    		                                                                          
      other bank loans decrease
    		                                                                      -400,000    
      increase in utilities bank loans with maturities of three months or less
    		                                                                      -38,000,000    
      issuance of ugi common stock
    		                                                                      5,700,000    
      investments in unconsolidated subsidiaries
    		                                                                          
      payment of dividends on common stock
    		                                                                          
      issuance of intercompany long-term debt
    		                                                                          
      issuance of common stock
    		                                                                          
      repurchases of common stock
    		                                                                          
      amerigas propane bank loans increase
    		                                                                          
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.