Ferrellgas L P (FGP) 10-Q 7 Dec 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Oct. 31, 2017	Nov. 30, 2017
Entity Registrant Name	FERRELLGAS PARTNERS L P
Entity Central Index Key	922,358
Current Fiscal Year End Date	--07-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		97,152,665
Trading Symbol	fgp
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Ferrellgas Partners Finance Corp. [Member]
Entity Registrant Name	FERRELLGAS PARTNERS FINANCE CORP
Entity Central Index Key	1,012,493
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		1,000
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Ferrellgas, L.P. [Member]
Entity Registrant Name	FERRELLGAS L P
Entity Central Index Key	922,359
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Ferrellgas Finance Corp. [Member]
Entity Registrant Name	FERRELLGAS FINANCE CORP
Entity Central Index Key	922,360
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		1,000
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Oct. 31, 2017	Jul. 31, 2017
Current assets:
Cash and cash equivalents	$ 7,100,000	$ 5,760,000
Accounts and notes receivable, net	191,428,000	165,084,000
Inventories	112,338,000	92,552,000
Prepaid expenses and other current assets	68,068,000	33,388,000
Total current assets	378,934,000	296,784,000
Property, plant and equipment, net	738,729,000	731,923,000
Goodwill, net	256,103,000	256,103,000
Intangible assets, net	250,629,000	251,102,000
Other assets, net	80,559,000	74,057,000
Total assets	1,704,954,000	1,609,969,000
Current liabilities:
Accounts payable	99,198,000	85,561,000
Short-term borrowings	263,200,000	59,781,000
Collateralized note payable	88,000,000	69,000,000
Other current liabilities	200,879,000	126,224,000
Total current liabilities	651,277,000	340,566,000
Long-term debt	1,812,155,000	1,995,795,000
Other liabilities	34,799,000	31,118,000
Contingencies and commitments
Partners' capital (deficit)
Limited partner	(754,456,000)	(701,188,000)
General partner	(67,528,000)	(66,991,000)
Accumulated other comprehensive income	32,915,000	14,601,000
Total Ferrellgas Partners, L.P. partners' capital (deficit)	(789,069,000)	(753,578,000)
Noncontrolling interest	(4,208,000)	(3,932,000)
Total partners' capital (deficit)	(793,277,000)	(757,510,000)
Total liabilities and partners' capital (deficit)	1,704,954,000	1,609,969,000
Ferrellgas Partners Finance Corp. [Member]
Current assets:
Cash	1,000	1,000
Total assets	1,000	1,000
Current liabilities:
Contingencies and commitments
STOCKHOLDER'S EQUITY
Common stock, $1.00 par value; 2,000 shares authorized; 1,000 shares issued and outstanding	1,000	1,000
Additional paid in capital	25,105	25,055
Accumulated deficit	(25,105)	(25,055)
Total stockholder's equity	1,000	1,000
Ferrellgas, L.P. [Member]
Current assets:
Cash and cash equivalents	7,098,000	5,701,000
Accounts and notes receivable, net	191,428,000	165,084,000
Inventories	112,338,000	92,552,000
Prepaid expenses and other current assets	68,055,000	33,426,000
Total current assets	378,919,000	296,763,000
Property, plant and equipment, net	738,729,000	731,923,000
Goodwill, net	256,103,000	256,103,000
Intangible assets, net	250,629,000	251,102,000
Other assets, net	80,559,000	74,057,000
Total assets	1,704,939,000	1,609,948,000
Current liabilities:
Accounts payable	99,198,000	85,561,000
Short-term borrowings	263,200,000	59,781,000
Collateralized note payable	88,000,000	69,000,000
Other current liabilities	189,261,000	122,016,000
Total current liabilities	639,659,000	336,358,000
Long-term debt	1,464,429,000	1,649,270,000
Other liabilities	34,799,000	31,118,000
Contingencies and commitments
Partners' capital (deficit)
Limited partner	(462,655,000)	(417,467,000)
General partner	(4,557,000)	(4,095,000)
Accumulated other comprehensive income	33,264,000	14,764,000
Total Ferrellgas Partners, L.P. partners' capital (deficit)	(467,212,000)	(421,562,000)
Total partners' capital (deficit)	(433,948,000)	(406,798,000)
Total liabilities and partners' capital (deficit)	1,704,939,000	1,609,948,000
Ferrellgas Finance Corp. [Member]
Current assets:
Cash	1,100	1,100
Other Assets, Current	0	1,500
Total assets	1,100	2,600
Current liabilities:
Contingencies and commitments
STOCKHOLDER'S EQUITY
Common stock, $1.00 par value; 2,000 shares authorized; 1,000 shares issued and outstanding	1,000	1,000
Additional paid in capital	67,386	67,336
Accumulated deficit	(67,286)	(65,736)
Total stockholder's equity	$ 1,100	$ 2,600

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Accounts receivable pledged as collateral	$ 137,244	$ 109,407
Intangible assets accumulated amortization	$ 444,447	$ 436,428
Limited Partners' Capital Account, Units Outstanding	97,152,665	97,152,665
General partner unitholder, units outstanding	989,926	989,926
Ferrellgas Partners Finance Corp. [Member]
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	2,000	2,000
Common stock, shares issued	1,000	1,000
Common stock, shares outstanding	1,000	1,000
Ferrellgas, L.P. [Member]
Accounts receivable pledged as collateral	$ 137,244	$ 109,407
Intangible assets accumulated amortization	$ 444,447	$ 436,428
Ferrellgas Finance Corp. [Member]
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	2,000	2,000
Common stock, shares issued	1,000	1,000
Common stock, shares outstanding	1,000	1,000

Consolidated Statements Of Earn

Consolidated Statements Of Earnings - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Revenues:
Propane and other gas liquids sales	$ 302,758,000	$ 242,399,000
Midstream operations	120,760,000	108,044,000
Other	31,137,000	29,099,000
Total revenues	454,655,000	379,542,000
Costs and expenses:
Cost of sales - propane and other gas liquids sales	179,515,000	119,212,000
Cost of sales - midstream operations	108,125,000	94,642,000
Cost of sales - other	13,702,000	11,746,000
Operating expense	110,462,000	105,086,000
Depreciation and amortization expense	25,732,000	26,202,000
General and administrative expense	13,164,000	14,269,000
Equipment lease expense	6,741,000	7,349,000
Non-cash employee stock ownership plan compensation charge	3,962,000	3,754,000
Loss on disposal of assets and other	895,000	6,423,000
Operating loss	(7,643,000)	(9,141,000)
Interest expense	(40,807,000)	(35,428,000)
Other income, net	511,000	508,000
Loss before income taxes	(47,939,000)	(44,061,000)
Income tax benefit	377,000	(590,000)
Net Earnings (Loss)	(48,316,000)	(43,471,000)
Net earnings attributable to noncontrolling interest	(401,000)	(398,000)
Net earnings attributable to Ferrellgas Partners, L.P.	(47,915,000)	(43,073,000)
Less: General partner's interest in net earnings	(479,000)	(431,000)
Common unitholders' interest in net earnings	$ (47,436,000)	$ (42,642,000)
Basic and diluted net earnings per common unitholders' interest	$ (0.49)	$ (0.44)
Cash distributions declared per common unit	$ 0.10	$ 0.10
Ferrellgas Partners Finance Corp. [Member]
Costs and expenses:
General and administrative expense	$ 50	$ 92
Net Earnings (Loss)	(50)	(92)
Ferrellgas, L.P. [Member]
Revenues:
Propane and other gas liquids sales	302,758,000	242,399,000
Midstream operations	120,760,000	108,044,000
Other	31,137,000	29,099,000
Total revenues	454,655,000	379,542,000
Costs and expenses:
Cost of sales - propane and other gas liquids sales	179,515,000	119,212,000
Cost of sales - midstream operations	108,125,000	94,642,000
Cost of sales - other	13,702,000	11,746,000
Operating expense	110,462,000	105,086,000
Depreciation and amortization expense	25,732,000	26,202,000
General and administrative expense	13,164,000	14,269,000
Equipment lease expense	6,741,000	7,349,000
Non-cash employee stock ownership plan compensation charge	3,962,000	3,754,000
Loss on disposal of assets and other	895,000	6,423,000
Operating loss	(7,643,000)	(9,141,000)
Interest expense	(32,196,000)	(31,398,000)
Other income, net	511,000	508,000
Loss before income taxes	(39,328,000)	(40,031,000)
Income tax benefit	371,000	(591,000)
Net Earnings (Loss)	(39,699,000)	(39,440,000)
Net earnings attributable to Ferrellgas Partners, L.P.	(39,699,000)	(39,440,000)
Ferrellgas Finance Corp. [Member]
Costs and expenses:
General and administrative expense	1,550	1,550
Net Earnings (Loss)	$ (1,550)	$ (1,550)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Net loss	$ (48,316)	$ (43,471)
Other comprehensive income (loss):
Change in value of risk management derivatives	22,449	5,138
Reclassification of derivative gains and losses to earnings	(3,949)	4,238
Other comprehensive income (loss)	18,500	9,376
Comprehensive income	(29,816)	(34,095)
Less: Comprehensive income attributable to noncontrolling interest	(215)	(304)
Comprehensive income attributable to Ferrellgas Partners, LP	(29,601)	(33,791)
Ferrellgas, L.P. [Member]
Net loss	(39,699)	(39,440)
Other comprehensive income (loss):
Change in value of risk management derivatives	22,449	5,138
Reclassification of derivative gains and losses to earnings	(3,949)	4,238
Other comprehensive income (loss)	18,500	9,376
Comprehensive income	$ (21,199)	$ (30,064)

Consolidated Statements Of Part

Consolidated Statements Of Partners' Capital (Deficit) - 3 months ended Oct. 31, 2017 - USD ($) $ in Thousands	Total	Accumulated Other Comprehensive Income (Loss)	Total Ferrellgas Partners, L.P. Partners' Capital (Deficit) [Member]	Noncontrolling Interest [Member]	Common Unitholders [Member]	General Partner Unitholder [Member]	Ferrellgas, L.P. [Member]	Ferrellgas, L.P. [Member]Accumulated Other Comprehensive Income (Loss)	Ferrellgas, L.P. [Member]Common Unitholders [Member]	Ferrellgas, L.P. [Member]General Partner Unitholder [Member]
Partners' capital balance (in units) at Jul. 31, 2017					97,152,700	989,900
Partners' capital balance at Jul. 31, 2017	$ (757,510)	$ 14,601	$ (753,578)	$ (3,932)	$ (701,188)	$ (66,991)	$ (406,798)	$ 14,764	$ (417,467)	$ (4,095)
Increase (Decrease) in Partners' Capital [Roll Forward]
Contributions in connection with non-cash ESOP and stock and unit-based compensation charges	3,962	0	3,923	39	3,883	40	3,962	0	3,923	39
Distributions	(9,913)	0	(9,813)	(100)	(9,715)	(98)	(9,913)	0	(9,813)	(100)
Net loss	(48,316)	0	(47,915)	(401)	$ (47,436)	$ (479)	(39,699)	0	(39,298)	(401)
Other comprehensive income (loss)	18,500	18,314	18,314	186			18,500	18,500	0	0
Partners' capital balance (in units) at Oct. 31, 2017					97,152,700	989,900
Partners' capital balance at Oct. 31, 2017	$ (793,277)	$ 32,915	$ (789,069)	$ (4,208)	$ (754,456)	$ (67,528)	$ (433,948)	$ 33,264	$ (462,655)	$ (4,557)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Cash flows provided by (used in) operating activities:
Net earnings (loss)	$ (48,316,000)	$ (43,471,000)
Reconciliation of net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization expense	25,732,000	26,202,000
Non-cash employee stock ownership plan compensation charge	3,962,000	3,754,000
Non-cash stock-based compensation charge	0	1,881,000
Loss on Disposal of Assets and Asset Impairment Charges	895,000	6,423,000
Unrealized Gain (Loss) on Derivatives	1,607,000	0
Provision for doubtful accounts	693,000	9,000
Deferred tax expense	364,000	143,000
Other	2,238,000	1,302,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(23,862,000)	1,310,000
Inventories	(33,160,000)	(9,702,000)
Prepaid expenses and other current assets	(6,936,000)	8,032,000
Accounts payable	13,496,000	7,049,000
Accrued interest expense	32,438,000	28,495,000
Other current liabilities	39,550,000	21,251,000
Other assets and liabilities	(768,000)	1,872,000
Net cash provided by (used in) operating activities	7,933,000	54,550,000
Cash flows provided by (used in) investing activities:
Business acquisitions, net of cash acquired	(13,867,000)	0
Capital expenditures	(20,154,000)	(10,005,000)
Proceeds from sale of assets	1,208,000	2,279,000
Net cash used in investing activities	(32,813,000)	(7,726,000)
Cash flows provided by (used in) financing activities:
Distributions	(9,813,000)	(50,294,000)
Proceeds from issuance of long-term debt	23,580,000	25,626,000
Payments on long-term debt	(281,000)	(2,261,000)
Net additions to (reductions in) short-term borrowings	(5,879,000)	(4,467,000)
Net additions to collateralized short-term borrowings	19,000,000	10,000,000
Cash paid for financing costs	(287,000)	(1,390,000)
Proceeds from (Payments to) Noncontrolling Interests	(100,000)	(513,000)
Payments for Repurchase of Common Stock	0	(15,851,000)
Net cash provided by (used in) financing activities	26,220,000	(39,150,000)
Net change in cash and cash equivalents	1,340,000	7,674,000
Cash and cash equivalents - beginning of period	5,760,000	4,965,000
Cash and cash equivalents - end of period	7,100,000	12,639,000
Ferrellgas Partners Finance Corp. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	(50)	(92)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Net cash provided by (used in) operating activities	(50)	(92)
Cash flows provided by (used in) financing activities:
Capital contribution	50	92
Net cash provided by (used in) financing activities	50	92
Net change in cash	0	0
Cash - beginning of period	1,000	1,000
Cash - end of period	1,000	1,000
Ferrellgas, L.P. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	(39,699,000)	(39,440,000)
Reconciliation of net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization expense	25,732,000	26,202,000
Non-cash employee stock ownership plan compensation charge	3,962,000	3,754,000
Non-cash stock-based compensation charge	0	1,881,000
Loss on Disposal of Assets and Asset Impairment Charges	895,000	6,423,000
Unrealized Gain (Loss) on Derivatives	1,607,000	0
Provision for doubtful accounts	693,000	9,000
Deferred tax expense	364,000	143,000
Other	1,325,000	1,197,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(23,862,000)	1,310,000
Inventories	(33,160,000)	(9,702,000)
Prepaid expenses and other current assets	(6,885,000)	8,031,000
Accounts payable	13,496,000	7,049,000
Accrued interest expense	24,740,000	24,571,000
Other current liabilities	39,839,000	21,251,000
Other assets and liabilities	(1,057,000)	1,872,000
Net cash provided by (used in) operating activities	7,990,000	54,551,000
Cash flows provided by (used in) investing activities:
Business acquisitions, net of cash acquired	(13,867,000)	0
Capital expenditures	(20,154,000)	(10,005,000)
Proceeds from sale of assets	1,208,000	2,279,000
Net cash used in investing activities	(32,813,000)	(7,726,000)
Cash flows provided by (used in) financing activities:
Distributions	(9,913,000)	(66,658,000)
Proceeds from issuance of long-term debt	23,580,000	25,626,000
Payments on long-term debt	(281,000)	(2,261,000)
Net additions to (reductions in) short-term borrowings	(5,879,000)	(4,467,000)
Net additions to collateralized short-term borrowings	19,000,000	10,000,000
Cash paid for financing costs	(287,000)	(1,390,000)
Net cash provided by (used in) financing activities	26,220,000	(39,150,000)
Net change in cash and cash equivalents	1,397,000	7,675,000
Cash and cash equivalents - beginning of period	5,701,000	4,890,000
Cash and cash equivalents - end of period	7,098,000	12,565,000
Ferrellgas Finance Corp. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	(1,550)	(1,550)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Prepaid expenses and other current assets	1,500	1,500
Net cash provided by (used in) operating activities	(50)	(50)
Cash flows provided by (used in) financing activities:
Capital contribution	50	50
Net cash provided by (used in) financing activities	50	50
Net change in cash	0	0
Cash - beginning of period	1,100	1,100
Cash - end of period	$ 1,100	$ 1,100

Partnership Organization And Fo

Partnership Organization And Formation	3 Months Ended
	Oct. 31, 2017
Partnership Organization And Formation	Ferrellgas Partners, L.P. (“Ferrellgas Partners”) was formed April 19, 1994 , and is a publicly traded limited partnership, owning an approximate 99% limited partner interest in Ferrellgas, L.P. (the "operating partnership"). Ferrellgas Partners and the operating partnership, collectively referred to as “Ferrellgas,” are both Delaware limited partnerships and are governed by their respective partnership agreements. Ferrellgas Partners was formed to acquire and hold a limited partner interest in the operating partnership. As of October 31, 2017 , Ferrell Companies, Inc. ("Ferrell Companies") beneficially owns 22.8 million Ferrellgas Partners common units. Ferrellgas, Inc. (the "general partner"), a wholly-owned subsidiary of Ferrell Companies, has retained an approximate 1% general partner interest in Ferrellgas Partners and also holds an approximate 1% general partner interest in the operating partnership, representing an effective 2% general partner interest in Ferrellgas on a combined basis. As general partner, it performs all management functions required by Ferrellgas. Unless contractually provided for, creditors of the operating partnership have no recourse with regards to Ferrellgas Partners. Ferrellgas Partners is a holding entity that conducts no operations and has two subsidiaries, Ferrellgas Partners Finance Corp. and the operating partnership. Ferrellgas Partners owns a 100% equity interest in Ferrellgas Partners Finance Corp., whose only business activity is to act as the co-issuer and co-obligor of debt issued by Ferrellgas Partners. The operating partnership is the only operating subsidiary of Ferrellgas Partners. Ferrellgas is engaged in the following primary businesses: • Propane operations and related equipment sales consists of the distribution of propane and related equipment and supplies. The propane distribution market is seasonal because propane is used primarily for heating in residential and commercial buildings. Ferrellgas serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers in all 50 states, the District of Columbia, and Puerto Rico. • Midstream operations consists of crude oil logistics and water solutions. Crude oil logistics primarily generates income by providing crude oil transportation and logistics services on behalf of producers and end-users of crude oil. Water solutions generates income primarily through the operation of salt water disposal wells in the Eagle Ford shale region of south Texas. Due to seasonality, the results of operations for the three months ended October 31, 2017 are not necessarily indicative of the results to be expected for the full fiscal year ending July 31, 2018 . The condensed consolidated financial statements of Ferrellgas reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed consolidated financial statements were of a normal recurring nature. Certain prior period amounts have been reclassified to conform to the current period presentation. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with (i) the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and (ii) the consolidated financial statements and accompanying notes included in Ferrellgas' Annual Report on Form 10-K for fiscal 2017 .
Ferrellgas Partners Finance Corp. [Member]
Partnership Organization And Formation	Formation Ferrellgas Partners Finance Corp. (the “Finance Corp.”), a Delaware corporation, was formed on March 28, 1996 and is a wholly-owned subsidiary of Ferrellgas Partners, L.P. (the “Partnership”). The condensed financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed financial statements were of a normal recurring nature. The Finance Corp. has nominal assets, does not conduct any operations and has no employees.
Ferrellgas, L.P. [Member]
Partnership Organization And Formation	Partnership organization and formation Ferrellgas, L.P. is a limited partnership that owns and operates propane distribution and related assets, crude oil transportation and logistics related assets and salt water disposal wells in south Texas. Ferrellgas Partners, L.P. (“Ferrellgas Partners”), a publicly traded limited partnership, holds an approximate 99% limited partner interest in, and consolidates, Ferrellgas, L.P. Ferrellgas, Inc. (the “general partner”), a wholly-owned subsidiary of Ferrell Companies, Inc. (“Ferrell Companies”), holds an approximate 1% general partner interest in Ferrellgas, L.P. and performs all management functions required by Ferrellgas, L.P. Ferrellgas, L.P. owns a 100% equity interest in Ferrellgas Finance Corp., whose only business activity is to act as the co-issuer and co-obligor of debt issued by Ferrellgas, L.P. Ferrellgas, L.P. is engaged in the following primary businesses: • Propane operations and related equipment sales consists of the distribution of propane and related equipment and supplies. The propane distribution market is seasonal because propane is used primarily for heating in residential and commercial buildings. Ferrellgas, L.P. serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers in all 50 states, the District of Columbia, and Puerto Rico. • Midstream operations consists of crude oil logistics and water solutions. Crude oil logistics primarily generates income by providing crude oil transportation and logistics services on behalf of producers and end-users of crude oil. Water solutions generates income primarily through the operation of salt water disposal wells in the Eagle Ford shale region of south Texas. Due to seasonality, the results of operations for the three months ended October 31, 2017 are not necessarily indicative of the results to be expected for the full fiscal year ending July 31, 2018 . The condensed consolidated financial statements of Ferrellgas, L.P. and subsidiaries reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed consolidated financial statements were of a normal recurring nature. Certain prior period amounts have been reclassified to conform to the current period presentation. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with (i) the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and (ii) the consolidated financial statements and accompanying notes included in Ferrellgas, L.P.’s Annual Report on Form 10-K for fiscal 2017 .
Ferrellgas Finance Corp. [Member]
Partnership Organization And Formation	Formation Ferrellgas Finance Corp. (the “Finance Corp.”), a Delaware corporation, was formed on January 16, 2003 and is a wholly-owned subsidiary of Ferrellgas, L.P. (the “Partnership”). The condensed financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the interim periods presented. All adjustments to the condensed financial statements were of a normal recurring nature. The Finance Corp. has nominal assets, does not conduct any operations and has no employees.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	3 Months Ended
	Oct. 31, 2017
Significant Accounting Policies [Line Items]
Summary Of Significant Accounting Policies	Summary of significant accounting policies (1) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, fair values of derivative contracts and stock-based compensation calculations. (2) New accounting standards: FASB Accounting Standard Update No. 2014-09 In May 2014, the Financial Accounting Standards Board, ("FASB") issued Accounting Standard Update ("ASU") 2014-09, Revenue from Contracts with Customers. The issuance is part of a joint effort by the FASB and the International Accounting Standards Board ("IASB") to enhance financial reporting by creating common revenue recognition guidance for U.S. GAAP and International Financial Reporting Standards ("IFRS") and, thereby, improving the consistency of requirements, comparability of practices and usefulness of disclosures. The new standard will supersede much of the existing authoritative literature for revenue recognition. The standard and related amendments will be effective for Ferrellgas for its annual reporting period beginning August 1, 2018, including interim periods within that reporting period. Entities are allowed to transition to the new standard by either recasting prior periods or recognizing the cumulative effect. Ferrellgas is currently evaluating the newly issued guidance, including which transition approach will be applied and the estimated impact it will have on the consolidated financial statements. Ferrellgas has formed an implementation team, completed training on the new standard, prepared an initial assessment and is continuing to review its contracts with customers. FASB Accounting Standard Update No. 2015-11 In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330) - Simplifying the Measurement of Inventory, which requires that inventory within the scope of the guidance be measured at the lower of cost or net realizable value. We adopted ASU 2015-11 effective August 1, 2017. The adoption of this standard did not materially impact our consolidated financial statements. FASB Accounting Standard Update No. 2016-02 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas is currently evaluating the impact of its pending adoption of ASU 2016-02 on the consolidated financial statements. Ferrellgas has formed an implementation team, completed training on the new standard, and is working on an initial assessment. FASB Accounting Standard Update No. 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements. FASB Accounting Standard Update No. 2017-12 In August 2017, the FASB issued ASU 2017-12, Financial Instruments - Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities which is intended to improve the financial reporting for hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements.
Ferrellgas, L.P. [Member]
Significant Accounting Policies [Line Items]
Summary Of Significant Accounting Policies	Summary of significant accounting policies (1) Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, fair values of derivative contracts and stock-based compensation calculations. (2) New accounting standards: FASB Accounting Standard Update No. 2014-09 In May 2014, the Financial Accounting Standards Board, ("FASB") issued Accounting Standard Update ("ASU") 2014-09, Revenue from Contracts with Customers. The issuance is part of a joint effort by the FASB and the International Accounting Standards Board ("IASB") to enhance financial reporting by creating common revenue recognition guidance for U.S. GAAP and International Financial Reporting Standards ("IFRS") and, thereby, improving the consistency of requirements, comparability of practices and usefulness of disclosures. The new standard will supersede much of the existing authoritative literature for revenue recognition. The standard and related amendments will be effective for Ferrellgas, L.P. for its annual reporting period beginning August 1, 2018, including interim periods within that reporting period. Entities are allowed to transition to the new standard by either recasting prior periods or recognizing the cumulative effect. Ferrellgas, L.P. is currently evaluating the newly issued guidance, including which transition approach will be applied and the estimated impact it will have on the consolidated financial statements. Ferrellgas, L.P. has formed an implementation team, completed training on the new standard, prepared an initial assessment and is continuing to review its contracts with customers. FASB Accounting Standard Update No. 2015-11 In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330) - Simplifying the Measurement of Inventory, which requires that inventory within the scope of the guidance be measured at the lower of cost or net realizable value. We adopted ASU 2015-11 effective August 1, 2017. The adoption of this standard did not materially impact our consolidated financial statements. FASB Accounting Standard Update No. 2016-02 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2016-02 on the consolidated financial statements. Ferrellgas, L.P. has formed an implementation team, completed training on the new standard, and is working on an initial assessment. FASB Accounting Standard Update No. 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas, L.P. is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements. FASB Accounting Standard Update No. 2017-12 In August 2017, the FASB issued ASU 2017-12, Financial Instruments - Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities which is intended to improve the financial reporting for hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas, L.P. is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements.

Supplemental Financial Statemen

Supplemental Financial Statement Information	3 Months Ended
	Oct. 31, 2017
Supplemental Financial Statement Information	Supplemental financial statement information Inventories consist of the following: October 31, 2017 July 31, 2017 Propane gas and related products $ 79,196 $ 67,049 Crude oil 7,921 724 Appliances, parts and supplies 25,221 24,779 Inventories $ 112,338 $ 92,552 In addition to inventories on hand, Ferrellgas enters into contracts primarily to buy propane for supply procurement purposes with terms up to 36 months . Most of these contracts call for payment based on market prices at the date of delivery. As of October 31, 2017 , Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 119.3 million gallons of propane at fixed prices. Other assets, net consist of the following: October 31, 2017 July 31, 2017 Note receivable - Jamex, less current portion $ 30,000 $ 32,500 Other 50,559 41,557 Other assets, net $ 80,559 $ 74,057 Other current liabilities consist of the following: October 31, 2017 July 31, 2017 Accrued interest $ 51,109 $ 18,671 Customer deposits and advances 42,599 25,541 Other 107,171 82,012 Other current liabilities $ 200,879 $ 126,224 Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items: For the three months ended October 31, 2017 2016 Operating expense $ 43,314 $ 41,810 Depreciation and amortization expense 1,112 1,026 Equipment lease expense 6,069 6,666 Total shipping and handling expenses $ 50,495 $ 49,502 Certain cash flow and significant non-cash activities are presented below: For the three months ended October 31, 2017 2016 Cash paid for: Interest $ 6,129 $ 5,631 Income taxes $ 6 $ 1 Non-cash investing and financing activities: Liabilities incurred in connection with acquisitions $ 1,232 $ — Change in accruals for property, plant and equipment additions $ 140 $ (189 )
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information	Supplemental financial statement information Inventories consist of the following: October 31, 2017 July 31, 2017 Propane gas and related products $ 79,196 $ 67,049 Crude oil 7,921 724 Appliances, parts and supplies 25,221 24,779 Inventories $ 112,338 $ 92,552 In addition to inventories on hand, Ferrellgas, L.P. enters into contracts primarily to buy propane for supply procurement purposes with terms up to 36 months . Most of these contracts call for payment based on market prices at the date of delivery. As of October 31, 2017 , Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 119.3 million gallons of propane at fixed prices. Other assets, net consist of the following: October 31, 2017 July 31, 2017 Note receivable - Jamex, less current portion $ 30,000 $ 32,500 Other 50,559 41,557 Other assets, net $ 80,559 $ 74,057 Other current liabilities consist of the following: October 31, 2017 July 31, 2017 Accrued interest $ 39,477 $ 14,737 Customer deposits and advances 42,599 25,541 Other 107,185 81,738 Other current liabilities $ 189,261 $ 122,016 Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items: For the three months ended October 31, 2017 2016 Operating expense $ 43,314 $ 41,810 Depreciation and amortization expense 1,112 1,026 Equipment lease expense 6,069 6,666 Total shipping and handling expenses $ 50,495 $ 49,502 Certain cash flow and significant non-cash activities are presented below: For the three months ended October 31, 2017 2016 Cash paid for: Interest $ 6,129 $ 5,630 Non-cash investing and financing activities: Liabilities incurred in connection with acquisitions $ 1,232 $ — Change in accruals for property, plant and equipment additions $ 140 $ (189 )

Accounts And Notes Receivable,

Accounts And Notes Receivable, Net And Accounts Receivable Securitization	3 Months Ended
	Oct. 31, 2017
Accounts And Notes Receivable, Net And Accounts Receivable Securitization	Accounts and notes receivable, net and accounts receivable securitization Accounts and notes receivable, net consist of the following: October 31, 2017 July 31, 2017 Accounts receivable pledged as collateral $ 137,244 $ 109,407 Accounts receivable 46,318 47,346 Note receivable - Jamex, current portion 10,000 10,000 Other 294 307 Less: Allowance for doubtful accounts (2,428 ) (1,976 ) Accounts and notes receivable, net $ 191,428 $ 165,084 On April 28, 2017, Ferrellgas entered into a fifth amendment to its accounts receivable securitization facility to modify the maximum consolidated leverage ratio covenant and the consolidated interest coverage ratio covenant. Consolidated leverage ratio The consolidated leverage ratio is defined as the ratio of total debt of the operating partnership to trailing four quarters earnings before interest expense, income tax expense, depreciation and amortization expense ("EBITDA") (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas' secured credit facility and accounts receivable securitization facility. The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 Ferrellgas' consolidated leverage ratio was 7.57 x as of October 31, 2017 . See additional disclosure about Ferrellgas' financial covenants in Note E - Debt. Consolidated interest coverage ratio The consolidated interest coverage ratio is defined as the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas' secured credit facility and accounts receivable securitization facility. The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 Ferrellgas' consolidated interest coverage ratio was 1.93 x as of October 31, 2017 ; the margin allows for approximately $12.1 million of additional interest expense or approximately $21.1 million less EBITDA. See additional disclosure about Ferrellgas' financial covenants in Note E - Debt. At October 31, 2017 , $137.2 million of trade accounts receivable were pledged as collateral against $88.0 million of collateralized notes payable due to the commercial paper conduit. At July 31, 2017 , $ 109.4 million of trade accounts receivable were pledged as collateral against $69.0 million of collateralized notes payable due to the commercial paper conduit. These accounts receivable pledged as collateral are bankruptcy remote from the operating partnership. The operating partnership does not provide any guarantee or similar support to the collectability of these accounts receivable pledged as collateral. As of October 31, 2017 , Ferrellgas had received cash proceeds of $88.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. As of July 31, 2017 , Ferrellgas had received cash proceeds of $69.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. Borrowings under the accounts receivable securitization facility had a weighted average interest rate of 3.7% and 4.0% as of October 31, 2017 and July 31, 2017 , respectively.
Ferrellgas, L.P. [Member]
Accounts And Notes Receivable, Net And Accounts Receivable Securitization	Accounts and notes receivable, net and accounts receivable securitization Accounts and notes receivable, net consist of the following: October 31, 2017 July 31, 2017 Accounts receivable pledged as collateral $ 137,244 $ 109,407 Accounts receivable 46,318 47,346 Note receivable - Jamex, current portion 10,000 10,000 Other 294 307 Less: Allowance for doubtful accounts (2,428 ) (1,976 ) Accounts and notes receivable, net $ 191,428 $ 165,084 On April 28, 2017, Ferrellgas, L.P. entered into a fifth amendment to its accounts receivable securitization facility to modify the maximum consolidated leverage ratio covenant and the consolidated interest coverage ratio covenant. Consolidated leverage ratio The consolidated leverage ratio is defined as the ratio of total debt of the operating partnership to trailing four quarters earnings before interest expense, income tax expense, depreciation and amortization expense ("EBITDA") (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas, L.P.'s secured credit facility and accounts receivable securitization facility. The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 Ferrellgas, L.P.'s consolidated leverage ratio was 7.57 x as of October 31, 2017 . See additional disclosure about Ferrellgas' financial covenants in Note E - Debt. Consolidated interest coverage ratio The consolidated interest coverage ratio is defined as the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas, L.P.'s secured credit facility and accounts receivable securitization facility. The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 Ferrellgas L.P.'s consolidated interest coverage ratio was 1.93 x as of October 31, 2017 ; the margin allows for approximately $12.1 million of additional interest expense or approximately $21.1 million less EBITDA. See additional disclosure about Ferrellgas' financial covenants in Note E - Debt. At October 31, 2017 , $137.2 million of trade accounts receivable were pledged as collateral against $88.0 million of collateralized notes payable due to a commercial paper conduit. At July 31, 2017 , $109.4 million of trade accounts receivable were pledged as collateral against $69.0 million of collateralized notes payable due to the commercial paper conduit. These accounts receivable pledged as collateral are bankruptcy remote from Ferrellgas, L.P. Ferrellgas, L.P. does not provide any guarantee or similar support to the collectability of these accounts receivable pledged as collateral. As of October 31, 2017 , Ferrellgas, L.P. had received cash proceeds of $88.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. As of July 31, 2017 , Ferrellgas, L.P. had received cash proceeds of $69.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. Borrowings under the accounts receivable securitization facility had a weighted average interest rate of 3.7% and 4.0% as of October 31, 2017 and July 31, 2017 , respectively.

Debt

Debt	3 Months Ended
	Oct. 31, 2017
Debt	Debt Short-term borrowings As of October 31, 2017, Ferrellgas classified all of its secured credit facility borrowings as short-term because the facility matures in October 2018. Prior to October 31, 2017, Ferrellgas classified as short-term the portion of its secured credit facility borrowings that were used to fund working capital needs that management intended to pay down within the 12 month period following the balance sheet date. As of October 31, 2017 and July 31, 2017 , $263.2 million and $59.8 million , respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below. Financial covenants The indenture governing the outstanding notes of Ferrellgas Partners and the agreements governing the operating partnership’s indebtedness contain various covenants that limit Ferrellgas Partners' ability and the ability of specified subsidiaries to, among other things, make restricted payments and incur additional indebtedness. The general partner believes that the most restrictive of these covenants are the consolidated fixed charge coverage ratio, as defined in the indenture governing the outstanding notes of Ferrellgas Partners, and the consolidated leverage ratio and consolidated interest coverage ratio, as defined in the secured credit facility and the accounts receivable securitization facility. Before a restricted payment (as defined in the secured credit facility and the operating partnership indentures) can be made by the operating partnership, the operating partnership must be in compliance with the consolidated leverage ratio and consolidated interest coverage ratio covenants under the secured credit facility and accounts receivable securitization facility and in compliance with the covenants under the operating partnership's indentures. If the operating partnership is unable to make restricted payments, Ferrellgas Partners will not have the ability to make semi-annual interest payments on its $357.0 million 8.625% unsecured senior notes due 2020 or distributions to Ferrellgas Partners common unitholders. If Ferrellgas Partners does not make interest payments on its unsecured notes, that would constitute an event of default which would permit the acceleration of the obligations underlying the Ferrellgas Partners indenture, including all outstanding principal owed. The accelerated obligations would become immediately due and payable, which would in turn trigger cross acceleration of other debt. If Ferrellgas' debt obligations are accelerated, Ferrellgas may be unable to borrow sufficient funds to refinance debt in which case unitholders and investors in our debt instruments could experience a partial or total loss of their investment. Before a restricted payment (as defined in the Ferrellgas Partners indenture) can be made by Ferrellgas Partners, Ferrellgas Partners must be in compliance with the consolidated fixed charge coverage ratio covenant under the Ferrellgas Partners indenture. If Ferrellgas Partners is unable to make restricted payments, Ferrellgas Partners will not have the ability to make distributions to Ferrellgas Partners common unitholders. A breach of the consolidated leverage ratio covenant or the consolidated interest coverage ratio covenant under the secured credit facility and the accounts receivable securitization facility would result in an event of default under those facilities resulting in the operating partnership’s inability to obtain funds under those facilities and would give the lenders and receivables purchasers the right to accelerate the operating partnership's obligations under those facilities and to exercise remedies to collect the outstanding amounts under those facilities. If the lenders and receivables purchasers accelerated the operating partnership's obligations, that would constitute an event of default which would permit the acceleration of the obligations underlying the Ferrellgas Partners indenture, including all outstanding principal owed. The accelerated obligations would become immediately due and payable, which would in turn trigger cross acceleration of other debt. If Ferrellgas' debt obligations are accelerated, Ferrellgas may be unable to borrow sufficient funds to refinance debt in which case unitholders and investors in our debt instruments could experience a partial or total loss of their investment. Consolidated leverage ratio The consolidated leverage ratio is defined as the ratio of total debt of the operating partnership to trailing four quarters EBITDA (both as adjusted for certain, defined items) of the operating partnership, as detailed in Ferrellgas' secured credit facility and accounts receivable securitization facility. The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 Ferrellgas' consolidated leverage ratio was 7.57 x as of October 31, 2017 ; the margin allows for approximately $40.6 million of additional borrowing capacity or approximately $5.2 million less EBITDA. This covenant also restricts Ferrellgas' ability to make distribution payments as discussed above. Consolidated interest coverage ratio The consolidated interest coverage ratio is defined as the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas' secured credit facility and accounts receivable securitization facility. The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 Ferrellgas' consolidated interest coverage ratio was 1.93 x at October 31, 2017 ; the margin allows for approximately $12.1 million of additional interest expense or approximately $21.1 million less EBITDA. Consolidated fixed charge coverage ratio The indenture governing the outstanding notes of Ferrellgas Partners includes a consolidated fixed charge coverage ratio test for the incurrence of debt and the making of restricted payments. This covenant requires that the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of Ferrellgas Partners be at least 1.75 x before a restricted payment (as defined in the indenture) can be made by Ferrellgas Partners. If this ratio were to drop below 1.75 x, the indenture allows Ferrellgas Partners to make restricted payments of up to $50.0 million in total over a 16 quarter period while below this ratio. As of October 31, 2017, the ratio was 1.44 x. As a result, the $9.8 million distribution to be paid to common unitholders on December 15, 2017 will be taken from the $50.0 million restricted payment limitation, which after considering the $9.8 million deduction taken as a result of the distribution paid in September 2017, leaves $30.4 million for future restricted payments. Unless the indenture governing the outstanding notes is amended or refinanced, if our consolidated fixed charge coverage ratio does not improve to at least 1.75 x and we continue our current quarterly distribution rate of $0.10 per common unit, this covenant will not allow us to make common unit distributions for our quarter ending October 31, 2018 and beyond. Debt and interest expense reduction strategy Ferrellgas continues to execute on a strategy to reduce its debt and interest expense. This strategy may include issuance of equity, amending existing debt agreements, asset sales or a further reduction in Ferrellgas Partners' annual distribution, which was reduced during the quarter ended October 31, 2016 from an annualized rate of $2.05 to $0.40 per common unit. Ferrellgas believes any debt and interest expense reduction strategies would remain in effect until Ferrellgas' consolidated leverage ratio reaches 4.5x or a level Ferrellgas deems appropriate for its business. If Ferrellgas is unsuccessful with its strategy to reduce debt and interest expense, is unsuccessful in renegotiating its secured credit facility, which matures in October 2018, or is unable to secure alternative liquidity sources, it may not have the liquidity to fund its operations after that maturity date. Failure to maintain compliance with these and other covenants in our agreements or failure to renew or replace liquidity available under the secured credit facility could have a material, adverse effect on Ferrellgas' operating capacity and cash flows and could further restrict Ferrellgas' ability to incur debt, pay interest on the notes or to make cash distributions to unitholders. An inability to pay interest on the notes could result in an event of default that would permit the acceleration of all of Ferrellgas' indebtedness. The accelerated debt would become immediately due and payable, which would in turn trigger cross-acceleration under other debt. If the payment of Ferrellgas' debt is accelerated, Ferrellgas' assets may be insufficient to repay such debt in full and Ferrellgas may be unable to borrow sufficient funds to refinance debt, in which case investors in common units and our debt instruments could experience a partial or total loss of their investment. As a result of the October 2018 maturity date of Ferrellgas' secured credit facility, the entire balance outstanding at October 31, 2017 has been classified as a current liability in the condensed consolidated balance sheet as of October 31, 2017. The absence of a plan to renew or refinance this debt would raise substantial doubt about Ferrellgas' ability to continue as a going concern. Ferrellgas is working to renew or replace the secured credit facility. Potential options may include extending the current secured credit facility, entering into a new secured credit facility or securing alternative financing from a different source. Ferrellgas believes it is probable that it will be able to obtain sufficient capital to meet anticipated liquidity demands and, therefore, does not believe there is substantial doubt about our ability to continue as a going concern. Secured credit facility On April 28, 2017, Ferrellgas entered into a sixth amendment to its secured credit facility to modify the maximum consolidated leverage ratio covenant and the consolidated interest coverage ratio covenant. The amendment to our secured credit facility also (1) reduces the amounts available to be borrowed from $700 million to $575 million , (2) increases the pricing of loans when our leverage ratio is greater than or equal to 6.00 x from LIBOR plus 3.50% to LIBOR plus 3.75% and when our leverage ratio is greater than or equal to 7.00 x from LIBOR plus 3.50% to LIBOR plus 4.00% , (3) limits the amount of distributions (other than distributions to Ferrellgas Partners for payments of interest payable on its unsecured notes) that the operating partnership may make to Ferrellgas Partners to $10 million per quarter (Ferrellgas Partners' current distribution rate is $9.8 million per quarter) until the leverage ratio is less than 5.50 x, (4) reduces the amount of investments we can make when our leverage ratio is greater than 5.50 x from $200 million to $50 million , and (5) requires us to reduce our secured credit facility with 50% of the net cash proceeds received from any equity sale. As of October 31, 2017 , Ferrellgas had total borrowings outstanding under its secured credit facility of $263.2 million , all of which was classified as short-term. Ferrellgas had $139.8 million of capacity under the secured credit facility as of October 31, 2017 . However, the consolidated leverage ratio covenant under this facility limited additional borrowings to $40.6 million as of October 31, 2017. As of July 31, 2017 , Ferrellgas had total borrowings outstanding under its secured credit facility of $245.5 million , of which $185.7 million was classified as long-term debt. Ferrellgas had $190.3 million of capacity under the secured credit facility as of July 31, 2017 . However, the consolidated leverage ratio covenant under this facility limited additional borrowings to $67.5 million as of July 31, 2017 . Borrowings outstanding at October 31, 2017 and July 31, 2017 under the secured credit facility had weighted average interest rates of 5.9% and 6.0% , respectively. The obligations under this credit facility are secured by substantially all assets of Ferrellgas, the general partner and certain subsidiaries of Ferrellgas but specifically excluding (a) assets that are subject to Ferrellgas’ accounts receivable securitization facility, (b) the general partner’s equity interest in Ferrellgas Partners and (c) equity interests in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of Ferrellgas. Letters of credit outstanding at October 31, 2017 totaled $172.0 million and were used to secure commodity hedges, product purchases, and insurance arrangements. Letters of credit outstanding at July 31, 2017 totaled $139.2 million and were used to secure commodity hedges, product purchases, and insurance arrangements. At October 31, 2017 , Ferrellgas had remaining letter of credit capacity of $28.0 million . At July 31, 2017 , Ferrellgas had remaining letter of credit capacity of $60.8 million .
Ferrellgas, L.P. [Member]
Debt	Debt Short-term borrowings As of October 31, 2017, Ferrellgas, L.P. classified all of its secured credit facility borrowings as short-term because the facility matures in October 2018. Prior to October 31, 2017, Ferrellgas, L.P. classified as short-term the portion of its secured credit facility borrowings that were used to fund working capital needs that management intended to pay down within the 12 month period following the balance sheet date. As of October 31, 2017 and July 31, 2017 , $263.2 million and $59.8 million , respectively, were classified as short-term borrowings. For further discussion see the secured credit facility section below. Financial covenants The agreements governing the operating partnership’s indebtedness contain various covenants that limit our ability and the ability of specified subsidiaries to, among other things, make restricted payments and incur additional indebtedness. Our general partner believes that the most restrictive of these covenants are the consolidated leverage ratio and consolidated interest coverage ratio, as defined in our secured credit facility and our accounts receivable securitization facility. Before a restricted payment (as defined in the secured credit facility and the operating partnership indentures) can be made by the operating partnership, the operating partnership must be in compliance with the consolidated leverage ratio and consolidated interest coverage ratio covenants under the secured credit facility and accounts receivable securitization facility and in compliance with the covenants under the operating partnerships indentures. If the operating partnership is unable to make restricted payments, Ferrellgas Partners will not have the ability to make semi-annual interest payments on its $357.0 million 8.625% unsecured senior notes due 2020 or distributions to Ferrellgas Partners common unitholders. If Ferrellgas Partners does not make interest payments on its unsecured notes, that would constitute an event of default which would permit the acceleration of the obligations underlying the Ferrellgas Partners indenture, including all outstanding principal owed. The accelerated obligations would become immediately due and payable, which would in turn trigger cross acceleration of other debt. If Ferrellgas, L.P.'s debt obligations are accelerated, Ferrellgas, L.P. may be unable to borrow sufficient funds to refinance debt in which case Ferrellgas Partners' unitholders and investors in our debt instruments could experience a partial or total loss of their investment. A breach of the consolidated leverage ratio covenant or the consolidated interest coverage ratio covenant under the secured credit facility and the accounts receivable securitization facility would result in an event of default under those facilities resulting in the operating partnership’s inability to obtain funds under those facilities and would give the lenders and receivables purchasers the right to accelerate the operating partnership’s obligations under those facilities and to exercise remedies to collect the outstanding amounts under those facilities. If the lenders and receivables purchasers accelerated the operating partnership's obligations, that would constitute an event of default which would permit the acceleration of the obligations underlying the Ferrellgas Partners indenture, including all outstanding principal owed. The accelerated obligations would become immediately due and payable, which would in turn trigger cross acceleration of other debt. If Ferrellgas, L.P.'s debt obligations are accelerated, Ferrellgas, L.P. may be unable to borrow sufficient funds to refinance debt in which case Ferrellgas Partners unitholders and investors in our debt instruments could experience a partial or total loss of their investment. Consolidated leverage ratio The consolidated leverage ratio is defined as the ratio of total debt of the operating partnership to trailing four quarters EBITDA (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas, L.P.'s secured credit facility and accounts receivable securitization facility. The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 Ferrellgas, L.P.'s consolidated leverage ratio was 7.57 x as of October 31, 2017 ; the margin allows for approximately $40.6 million of additional borrowing capacity or approximately $5.2 million less EBITDA. This covenant also restricts Ferrellgas L.P.'s ability to make payments to Ferrellgas Partners for purposes of funding distribution payments as discussed above. Consolidated interest coverage ratio The consolidated interest coverage ratio is defined as the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of the operating partnership, as detailed in Ferrellgas' secured credit facility and accounts receivable securitization facility. The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 Ferrellgas L.P.'s consolidated interest coverage ratio was 1.93 x at October 31, 2017 ; the margin allows for approximately $12.1 million of additional interest expense or approximately $21.1 million less EBITDA. Debt and interest expense reduction strategy Ferrellgas, L.P. continues to execute on a strategy to reduce its debt and interest expense. This strategy may include issuance of Ferrellgas Partners' equity, amending existing debt agreements, asset sales or a further reduction in the operating partnership's funding of Ferrellgas Partners' annual distribution, which was reduced during the quarter ended October 31, 2016 from an annualized rate of $2.05 to $0.40 per common unit. Ferrellgas, L.P. believes any debt and interest expense reduction strategies would remain in effect until Ferrellgas, L.P.'s consolidated leverage ratio reaches 4.5x or a level Ferrellgas, L.P. deems appropriate for its business. If Ferrellgas, L.P. is unsuccessful with its strategy to reduce debt and interest expense, or is unsuccessful in renegotiating its secured credit facility, which matures in October 2018, or is unable to secure alternative liquidity sources, it may not have the liquidity to fund its operations after that maturity date. Failure to maintain compliance with these and other covenants in our agreements or failure to renew or replace liquidity available under the secured credit facility could have a material, adverse effect on Ferrellgas, L.P.'s operating capacity and cash flows and could further restrict Ferrellgas, L.P.'s ability to incur debt, pay interest on the notes or to make cash distributions to its limited and general partners, which could result in an event of default that would permit the acceleration of all of Ferrellgas, L.P.'s indebtedness. The accelerated debt would become immediately due and payable, which would in turn trigger cross-acceleration under other debt. If the payment of Ferrellgas, L.P.'s debt is accelerated, Ferrellgas, L.P.'s assets may be insufficient to repay such debt in full and Ferrellgas, L.P. may be unable to borrow sufficient funds to refinance debt, in which case the limited and general partners and investors in our debt instruments could experience a partial or total loss of their investment. As a result of the October 2018 maturity date of Ferrellgas, L.P.'s secured credit facility, the entire balance outstanding at October 31, 2017 has been classified as a current liability in the condensed consolidated balance sheet as of October 31, 2017. The absence of a plan to renew or refinance this debt would raise substantial doubt about Ferrellgas, L.P.'s ability to continue as a going concern. Ferrellgas, L.P. is working to renew or replace the secured credit facility. Potential options may include extending the current secured credit facility, entering into a new secured credit facility or securing alternative financing from a different source. Ferrellgas, L.P. believes it is probable that it will be able to obtain sufficient capital to meet anticipated liquidity demands and, therefore, does not believe there is substantial doubt about our ability to continue as a going concern. Secured credit facility On April 28, 2017, Ferrellgas, L.P. entered into sixth amendment to its secured credit facility primarily to modify the maximum consolidated leverage ratio covenant and the consolidated interest coverage ratio covenant. The amendment to our secured credit facility also (1) reduces the amounts available to be borrowed from $700 million to $575 million , (2) increases the pricing of loans when our leverage ratio is greater than or equal to 6.00 x from LIBOR plus 3.50% to LIBOR plus 3.75% and when our leverage ratio is greater than or equal to 7.00 x from LIBOR plus 3.50% to LIBOR plus 4.00% , (3) limits the amount of distributions (other than distributions to Ferrellgas Partners for payments of interest payable on its unsecured notes) that the operating partnership may make to Ferrellgas Partners to $10 million per quarter (Ferrellgas Partners' current distribution rate is $9.8 million per quarter) until the leverage ratio is less than 5.50 x, (4) reduces the amount of investments we can make when our leverage ratio is greater than 5.50 x from $200 million to $50 million , and (5) requires us to reduce our secured credit facility with 50% of the net cash proceeds received from any equity sale. As of October 31, 2017 , Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $263.2 million , all of which was classified as short-term. Ferrellgas, L.P. had $139.8 million of capacity under the secured credit facility as of October 31, 2017 . However, the consolidated leverage ratio covenant under this facility limited additional borrowings to $40.6 million as of October 31, 2017. As of July 31, 2017 , Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $245.5 million , of which $185.7 million was classified as long-term debt. Ferrellgas, L.P. had $190.3 million of capacity under our secured credit facility as of July 31, 2017 . However, the consolidated leverage ratio covenant under this facility limited additional borrowings to $67.5 million as of July 31, 2017 . Borrowings outstanding at October 31, 2017 and July 31, 2017 under the secured credit facility had weighted average interest rates of 5.9% and 6.0% , 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 interests 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, 2017 totaled $172.0 million and were used to secure commodity hedges, product purchases, and insurance arrangements. Letters of credit outstanding at July 31, 2017 totaled $139.2 million and were used to secure commodity hedges, product purchases, and insurance arrangements. At October 31, 2017 , Ferrellgas, L.P. had remaining letter of credit capacity of $28.0 million . At July 31, 2017 Ferrellgas, L.P. had remaining letter of credit capacity of $60.8 million .

Partners' Capital

Partners' Capital	3 Months Ended
	Oct. 31, 2017
Partners' Capital	Partners' deficit As of October 31, 2017 and July 31, 2017 , Ferrellgas Partners limited partner units, which are listed on the New York Stock Exchange under the symbol “FGP,” were beneficially owned by the following: October 31, 2017 July 31, 2017 Public common unitholders 69,612,939 69,612,939 Ferrell Companies (1) 22,529,361 22,529,361 FCI Trading Corp. (2) 195,686 195,686 Ferrell Propane, Inc. (3) 51,204 51,204 James E. Ferrell (4) 4,763,475 4,763,475 (1) Ferrell Companies is the owner of the general partner and is an approximate 23% direct owner of Ferrellgas Partners' common units and thus a related party. Ferrell Companies also beneficially owns 195,686 and 51,204 common units of Ferrellgas Partners held by FCI Trading Corp. ("FCI Trading") and Ferrell Propane, Inc. ("Ferrell Propane"), respectively, bringing Ferrell Companies' beneficial ownership to 23.4% at October 31, 2017 . (2) FCI Trading is an affiliate of the general partner and thus a related party. (3) Ferrell Propane is controlled by the general partner and thus a related party. (4) James E. Ferrell is the Interim Chief Executive Officer and President of the general partner; and is Chairman of the Board of Directors of the general partner and thus a related party. JEF Capital Management owns 4,758,859 of these common units and is wholly-owned by the James E. Ferrell Revocable Trust Two for which James E. Ferrell is the trustee and sole beneficiary. The remaining 4,616 common units are held by Ferrell Resources Holding, Inc., which is wholly-owned by the James E. Ferrell Revocable Trust One, for which James E. Ferrell is the trustee and sole beneficiary. Partnership distributions paid Ferrellgas Partners has paid the following distributions: For the three months ended October 31, 2017 2016 Public common unitholders $ 6,961 $ 35,678 Ferrell Companies 2,253 11,546 FCI Trading Corp. 20 100 Ferrell Propane, Inc. 5 26 James E. Ferrell 476 2,441 General partner 98 503 $ 9,813 $ 50,294 On November 16, 2017 , Ferrellgas Partners declared a cash distribution of $0.10 per common unit for the three months ended October 31, 2017 , which is expected to be paid on December 15, 2017 . Included in this cash distribution are the following amounts to be paid to related parties: Ferrell Companies $ 2,253 FCI Trading Corp. 20 Ferrell Propane, Inc. 5 James E. Ferrell 476 General partner 98 See additional discussions about transactions with related parties in Note I – Transactions with related parties. Accumulated other comprehensive income (loss) (“AOCI”) See Note H – Derivative instruments and hedging activities – for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the three months ended October 31, 2017 and 2016 . General partner’s commitment to maintain its capital account Ferrellgas’ partnership agreements allow the general partner to have an option to maintain its effective 2% general partner interest concurrent with the issuance of other additional equity. During the three months ended October 31, 2017 , the general partner made non-cash contributions of $0.1 million to Ferrellgas to maintain its effective 2% general partner interest. During the three months ended October 31, 2016 , the general partner made non-cash contributions of $0.1 million to Ferrellgas to maintain its effective 2% general partner interest.
Ferrellgas, L.P. [Member]
Partners' Capital	Partners’ deficit Partnership distributions paid Ferrellgas, L.P. has paid the following distributions: For the three months ended October 31, 2017 2016 Ferrellgas Partners $ 9,813 $ 66,145 General partner 100 513 $ 9,913 $ 66,658 On November 16, 2017 , Ferrellgas, L.P. declared distributions for the three months ended October 31, 2017 to Ferrellgas Partners and the general partner of $25.2 million and $0.3 million , respectively, which are expected to be paid on December 15, 2017 . See additional discussions about transactions with related parties in Note I – Transactions with related parties. Accumulated other comprehensive income (loss) (“AOCI”) See Note H – Derivative instruments and hedging activities – for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the three months ended October 31, 2017 and 2016 . General partner’s commitment to maintain its capital account Ferrellgas, L.P.’s partnership agreement allows the general partner to have an option to maintain its 1.0101% general partner interest concurrent with the issuance of other additional equity. During the three months ended October 31, 2017 , the general partner made non-cash contributions of $0.1 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest. During the three months ended October 31, 2016 , the general partner made non-cash contributions of $0.1 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Oct. 31, 2017
Fair Value Measurements	Fair value measurements Derivative financial instruments The following table presents Ferrellgas’ financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of October 31, 2017 and July 31, 2017 : Asset (Liability) Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total October 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 298 $ — $ 298 Commodity derivatives $ — $ 35,000 $ — $ 35,000 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (984 ) $ — $ (984 ) Commodity derivatives $ — $ (3,464 ) $ — $ (3,464 ) July 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 583 $ — $ 583 Commodity derivatives $ — $ 16,212 $ — $ 16,212 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (707 ) $ — $ (707 ) Commodity derivatives $ — $ (1,258 ) $ — $ (1,258 ) Methodology The fair values of Ferrellgas’ non-exchange traded commodity derivative contracts are based upon indicative price quotations available through brokers, industry price publications or recent market transactions and related market indicators. The fair values of interest rate swap contracts are based upon third-party quotes or indicative values based on recent market transactions. Other financial instruments The carrying amounts of other financial instruments included in current assets and current liabilities (except for current maturities of long-term debt) approximate their fair values because of their short-term nature. The estimated fair value of the Jamex note receivable, a financial instrument classified in "Other assets, net" on the condensed consolidated balance sheet, is approximately $36.4 million , or $3.8 million less than its carrying amount as of October 31, 2017. The estimated fair value of the Jamex note receivable was calculated using a discounted cash flow method which relied on significant unobservable inputs. At October 31, 2017 and July 31, 2017 , the estimated fair value of Ferrellgas’ long-term debt instruments was $1,704.4 million and $1,966.6 million , respectively. Ferrellgas estimates the fair value of long-term debt based on quoted market prices. The fair value of our consolidated debt obligations is a Level 2 valuation based on the observable inputs used for similar liabilities. Ferrellgas has other financial instruments such as trade accounts receivable which could expose it to concentrations of credit risk. The credit risk from trade accounts receivable is limited because of a large customer base which extends across many different U.S. markets.
Ferrellgas, L.P. [Member]
Fair Value Measurements	Fair value measurements Derivative financial instruments The following table presents Ferrellgas, L.P.’s financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of October 31, 2017 and July 31, 2017 : Asset (Liability) Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs Unobservable Inputs (Level 3) Total October 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 298 $ — $ 298 Commodity derivatives $ — $ 35,000 $ — $ 35,000 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (984 ) $ — $ (984 ) Commodity derivatives $ — $ (3,464 ) $ — $ (3,464 ) July 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 583 $ — $ 583 Commodity derivatives $ — $ 16,212 $ — $ 16,212 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (707 ) $ — $ (707 ) Commodity derivatives $ — $ (1,258 ) $ — $ (1,258 ) Methodology The fair values of Ferrellgas, L.P.’s non-exchange traded commodity derivative contracts are based upon indicative price quotations available through brokers, industry price publications or recent market transactions and related market indicators. The fair values of interest rate swap contracts are based upon third-party quotes or indicative values based on recent market transactions. Other financial instruments The carrying amounts of other financial instruments included in current assets and current liabilities (except for current maturities of long-term debt) approximate their fair values because of their short-term nature. The estimated fair value of the Jamex note receivable, a financial instrument classified in "Other assets, net" on the condensed consolidated balance sheet, is approximately $36.4 million , or $3.8 million less than its carrying amount as of October 31, 2017 . The estimated fair value of the Jamex note receivable was calculated using a discounted cash flow method which relied on significant unobservable inputs. At October 31, 2017 and July 31, 2017 , the estimated fair value of Ferrellgas, L.P.’s long-term debt instruments was $1,386.6 million and $1,645.3 million , respectively. Ferrellgas estimates the fair value of long-term debt based on quoted market prices. The fair value of our consolidated debt obligations is a Level 2 valuation based on the observable inputs used for similar liabilities. Ferrellgas, L.P. has other financial instruments such as trade accounts receivable which could expose it to concentrations of credit risk. The credit risk from trade accounts receivable is limited because of a large customer base which extends across many different U.S. markets.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Oct. 31, 2017
Derivative Instruments and Hedging Activities	Derivative instruments and hedging activities Ferrellgas is exposed to certain market risks related to its ongoing business operations. These risks include exposure to changing commodity prices as well as fluctuations in interest rates. Ferrellgas utilizes derivative instruments to manage its exposure to fluctuations in commodity prices. Of these, the propane commodity derivative instruments are designated as cash flow hedges. All other commodity derivative instruments do not qualify or are not designated as cash flow hedges, therefore, the change in their fair value are recorded currently in earnings. Ferrellgas also periodically utilizes derivative instruments to manage its exposure to fluctuations in interest rates. Derivative instruments and hedging activity During the three months ended October 31, 2017 and 2016, Ferrellgas did no t recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of financial derivative contract gains or losses from the assessment of hedge effectiveness related to commodity cash flow hedges. The following tables provide a summary of the fair value of derivatives in Ferrellgas’ condensed consolidated balance sheets as of October 31, 2017 and July 31, 2017 : October 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 25,938 Other current liabilities $ 1,209 Commodity derivatives-propane Other assets, net 8,789 Other liabilities 284 Interest rate swap agreements Prepaid expenses and other current assets 298 Other current liabilities 284 Interest rate swap agreements Other assets, net — Other liabilities 700 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 273 Other current liabilities 1,971 Total $ 35,298 Total $ 4,448 July 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 11,061 Other current liabilities $ 415 Commodity derivatives-propane Other assets, net 4,413 Other liabilities 15 Interest rate swap agreements Prepaid expenses and other current assets 583 Other current liabilities 595 Interest rate swap agreements Other assets, net — Other liabilities 112 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 738 Other current liabilities 828 Total $ 16,795 Total $ 1,965 Ferrellgas' exchange traded commodity derivative contracts require cash margin deposit as collateral for contracts that are in a negative mark-to-market position. These cash margin deposits will be returned if mark-to-market conditions improve or will be applied against cash settlement when the contracts are settled. Liabilities represent cash margin deposits received by Ferrellgas for contracts that are in a positive mark-to-market position. The following tables provide a summary of cash margin balances as of October 31, 2017 and July 31, 2017 , respectively: October 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 3,723 Other current liabilities $ 19,696 Other assets, net 1,461 Other liabilities 5,945 $ 5,184 $ 25,641 July 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 1,778 Other current liabilities $ 7,729 Other assets, net 1,631 Other liabilities 3,073 $ 3,409 $ 10,802 The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to derivatives designated as fair value hedging instruments: Amount of Gain Recognized on Derivative Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item) Derivative Instrument Location of Amounts Recognized on Derivative For the three months ended October 31, For the three months ended October 31, 2017 2016 2017 2016 Interest rate swap agreements Interest expense $ 138 $ 420 $ (2,275 ) $ (2,275 ) The following tables provide a summary of the effect on Ferrellgas’ condensed consolidated statements of comprehensive income (loss) for the three months ended October 31, 2017 and 2016 due to derivatives designated as cash flow hedging instruments: For the three months ended October 31, 2017 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 22,323 Cost of sales-propane and other gas liquids sales $ 4,132 $ — Interest rate swap agreements 126 Interest expense (183 ) — $ 22,449 $ 3,949 $ — For the three months ended October 31, 2016 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 4,873 Cost of sales-propane and other gas liquids sales $ (3,596 ) $ — Interest rate swap agreements 265 Interest expense (642 ) — $ 5,138 $ (4,238 ) $ — The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to the change in fair value of derivatives not designated as hedging instruments: For the three months ended October 31, 2017 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,390 ) Cost of sales - midstream operations For the three months ended October 31, 2016 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,241 ) Cost of sales - midstream operations Commodity derivatives - vehicle fuel $ 1,027 Operating expense The changes in derivatives included in AOCI for the three months ended October 31, 2017 and 2016 were as follows: For the three months ended October 31, Gains and losses on derivatives included in AOCI 2017 2016 Beginning balance $ 14,648 $ (9,815 ) Change in value of risk management commodity derivatives 22,323 4,873 Reclassification of (gains) and losses on commodity hedges to cost of sales - propane and other gas liquids sales, net (4,132 ) 3,596 Change in value of risk management interest rate derivatives 126 265 Reclassification of (gains) and losses on interest rate hedges to interest expense 183 642 Ending balance $ 33,148 $ (439 ) Ferrellgas expects to reclassify net gains related to the risk management commodity derivatives of approximately $24.7 million to earnings during the next 12 months. These net gains are expected to be offset by decreased margins on propane sales commitments Ferrellgas has with its customers that qualify for the normal purchase normal sales exception. During the three months ended October 31, 2017 , Ferrellgas had no reclassifications to operations resulting from the discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship. As of October 31, 2017 , Ferrellgas had financial derivative contracts covering 3.2 million barrels of propane that were entered into as cash flow hedges of forward and forecasted purchases of propane. As of October 31, 2017 , Ferrellgas had financial derivative contracts covering 0.3 million barrels of crude oil related to the hedging of crude oil line fill and inventory. Derivative financial instruments credit risk Ferrellgas is exposed to credit loss in the event of nonperformance by counterparties to derivative financial and commodity instruments. Ferrellgas’ counterparties principally consist of major energy companies and major U.S. financial institutions. Ferrellgas maintains credit policies with regard to its counterparties that it believes reduce its overall credit risk. These policies include evaluating and monitoring its counterparties’ financial condition, including their credit ratings, and entering into agreements with counterparties that govern credit limits. Certain of these agreements call for the posting of collateral by the counterparty or by Ferrellgas in the forms of letters of credit, parent guarantees or cash. Ferrellgas has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties. If these counterparties that make up the concentration failed to perform according to the terms of their contracts at October 31, 2017 , the maximum amount of loss due to credit risk that, based upon the gross fair values of the derivative financial instruments, Ferrellgas would incur is $ 33.3 million. From time to time Ferrellgas enters into derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon Ferrellgas' debt rating. There were no open derivative contracts with credit-risk-related contingent features as of October 31, 2017 .
Ferrellgas, L.P. [Member]
Derivative Instruments and Hedging Activities	Derivative instruments and hedging activities Ferrellgas, L.P. is exposed to certain market risks related to its ongoing business operations. These risks include exposure to changing commodity prices as well as fluctuations in interest rates. Ferrellgas, L.P. utilizes derivative instruments to manage its exposure to fluctuations in commodity prices. Of these, the propane commodity derivative instruments are designated as cash flow hedges. All other commodity derivative instruments do not qualify or are not designated as cash flow hedges, therefore, the change in their fair value are recorded currently in earnings. Ferrellgas, L.P. also periodically utilizes derivative instruments to manage its exposure to fluctuations in interest rates. Derivative instruments and hedging activities During the three months ended October 31, 2017 and 2016, Ferrellgas, L.P. did no t recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of financial derivative contract gains or losses from the assessment of hedge effectiveness related to commodity cash flow hedges. The following tables provide a summary of the fair value of derivatives in Ferrellgas, L.P.’s condensed consolidated balance sheets as of October 31, 2017 and July 31, 2017 : October 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 25,938 Other current liabilities $ 1,209 Commodity derivatives-propane Other assets, net 8,789 Other liabilities 284 Interest rate swap agreements Prepaid expenses and other current assets 298 Other current liabilities 284 Interest rate swap agreements Other assets, net — Other liabilities 700 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 273 Other current liabilities 1,971 Total $ 35,298 Total $ 4,448 July 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives Prepaid expenses and other current assets $ 11,061 Other current liabilities $ 415 Commodity derivatives Other assets, net 4,413 Other liabilities 15 Interest rate swap agreements Prepaid expenses and other current assets 583 Other current liabilities 595 Interest rate swap agreements Other assets, net — Other liabilities 112 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 738 Other current liabilities 828 Total $ 16,795 Total $ 1,965 Ferrellgas, L.P.'s exchange traded commodity derivative contracts require cash margin deposit as collateral for contracts that are in a negative mark-to-market position. These cash margin deposits will be returned if mark-to-market conditions improve or will be applied against cash settlement when the contracts are settled. Liabilities represent cash margin deposits received by Ferrellgas, L.P. for contracts that are in a positive mark-to-market position. The following tables provide a summary of cash margin balances as of October 31, 2017 and July 31, 2017 , respectively: October 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 3,723 Other current liabilities $ 19,696 Other assets, net 1,461 Other liabilities 5,945 $ 5,184 $ 25,641 July 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 1,778 Other current liabilities $ 7,729 Other assets, net 1,631 Other liabilities 3,073 $ 3,409 $ 10,802 The following table provides a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to derivatives designated as fair value hedging instruments: Amount of Gain Recognized on Derivative Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item) Derivative Instrument Location of Amounts Recognized on Derivative For the three months ended October 31, For the three months ended October 31, 2017 2016 2017 2016 Interest rate swap agreements Interest expense $ 138 $ 420 $ (2,275 ) $ (2,275 ) The following tables provide a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of comprehensive income (loss) for the three months ended October 31, 2017 and 2016 due to derivatives designated as cash flow hedging instruments: For the three months ended October 31, 2017 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 22,323 Cost of sales-propane and other gas liquids sales $ 4,132 $ — Interest rate swap agreements 126 Interest expense (183 ) — $ 22,449 $ 3,949 $ — For the three months ended October 31, 2016 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 4,873 Cost of sales-propane and other gas liquids sales $ (3,596 ) $ — Interest rate swap agreements 265 Interest expense (642 ) — $ 5,138 $ (4,238 ) $ — The following tables provide a summary of the effect on Ferrellgas, L.P.'s condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to the change in fair value of derivatives not designated as hedging instruments: For the three months ended October 31, 2017 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,390 ) Cost of sales - midstream operations For the three months ended October 31, 2016 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,241 ) Cost of sales - midstream operations Commodity derivatives - vehicle fuel $ 1,027 Operating expense The changes in derivatives included in AOCI for the three months ended October 31, 2017 and 2016 were as follows: For the three months ended October 31, Gains and losses on derivatives included in AOCI 2017 2016 Beginning balance $ 14,648 $ (9,815 ) Change in value of risk management commodity derivatives 22,323 4,873 Reclassification of (gains) and losses on commodity hedges to cost of sales - propane and other gas liquids sales, net (4,132 ) 3,596 Change in value of risk management interest rate derivatives 126 265 Reclassification of (gains) and losses on interest rate hedges to interest expense 183 642 Ending balance $ 33,148 $ (439 ) Ferrellgas, L.P. expects to reclassify net gains related to the risk management commodity derivatives of approximately $24.7 million to earnings during the next 12 months. These net gains are expected to be offset by decreased margins on propane sales commitments Ferrellgas, L.P. has with its customers that qualify for the normal purchase normal sales exception. During the three months ended October 31, 2017 and 2016 , Ferrellgas, L.P. had no reclassifications to operations resulting from the discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship. As of October 31, 2017 , Ferrellgas, L.P. had financial derivative contracts covering 3.2 million barrels of propane that were entered into as cash flow hedges of forward and forecasted purchases of propane. As of October 31, 2017 , Ferrellgas, L.P. financial derivative contracts covering 0.3 million barrels of crude oil related to the hedging of crude oil line fill and inventory. Derivative financial instruments credit risk Ferrellgas, L.P. is exposed to credit loss in the event of nonperformance by counterparties to derivative financial and commodity instruments. Ferrellgas, L.P.’s counterparties principally consist of major energy companies and major U.S. financial institutions. Ferrellgas, L.P. maintains credit policies with regard to its counterparties that it believes reduces its overall credit risk. These policies include evaluating and monitoring its counterparties’ financial condition, including their credit ratings, and entering into agreements with counterparties that govern credit limits. Certain of these agreements call for the posting of collateral by the counterparty or by Ferrellgas, L.P. in the forms of letters of credit, parent guarantees or cash. Ferrellgas, L.P. has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties. If these counterparties that make up the concentration failed to perform according to the terms of their contracts at October 31, 2017 , the maximum amount of loss due to credit risk that, based upon the gross fair values of the derivative financial instruments, Ferrellgas, L.P. would incur is $ 33.3 million. From time to time Ferrellgas, L.P. enters into derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon Ferrellgas, L.P.’s debt rating. There were no open derivative contracts with credit-risk-related contingent features as of October 31, 2017 .

Transactions With Related Parti

Transactions With Related Parties	3 Months Ended
	Oct. 31, 2017
Transactions With Related Parties	Transactions with related parties Ferrellgas has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas’ partnership agreements, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas and all other necessary or appropriate expenses allocable to Ferrellgas or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas’ business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas’ behalf and are reported in the condensed consolidated statements of operations as follows: For the three months ended October 31, 2017 2016 Operating expense $ 57,351 $ 55,714 General and administrative expense $ 7,508 $ 8,583 See additional discussions about transactions with the general partner and related parties in Note F – Partners’ deficit.
Ferrellgas, L.P. [Member]
Transactions With Related Parties	Transactions with related parties Ferrellgas, L.P. has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas, L.P.’s partnership agreement, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas, L.P. and all other necessary or appropriate expenses allocable to Ferrellgas, L.P. or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas, L.P.’s business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas, L.P.’s behalf and are reported in the condensed consolidated statements of operations as follows: For the three months ended October 31, 2017 2016 Operating expense $ 57,351 $ 55,714 General and administrative expense $ 7,508 $ 8,583 See additional discussions about transactions with the general partner and related parties in Note F – Partners’ deficit.

Contingencies And Commitments

Contingencies And Commitments	3 Months Ended
	Oct. 31, 2017
Contingencies And Commitments	Contingencies and commitments Litigation Ferrellgas’ operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane and crude oil. As a result, at any given time, Ferrellgas can be threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas. Ferrellgas has been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The lawsuits, which were consolidated in the Western District of Missouri on October 16, 2014, allege that Ferrellgas and a competitor coordinated in 2008 to reduce the fill level in barbeque cylinders and combined to persuade a common customer to accept that fill reduction, resulting in increased cylinder costs to direct customers and end-user customers in violation of federal and certain state antitrust laws. The lawsuits seek treble damages, attorneys’ fees, injunctive relief and costs on behalf of the putative class. These lawsuits have been consolidated into one case by a multidistrict litigation panel. The Federal Court for the Western District of Missouri has dismissed all claims brought by direct and indirect customers other than state law claims of indirect customers under Wisconsin, Maine and Vermont law. The direct customer plaintiffs filed an appeal, which resulted in a reversal of the district court’s dismissal. We have filed a petition for a writ of certiorari with the U.S. Supreme Court. The direct customer plaintiffs have agreed to a stay of the case pending a decision on the petition and, if granted, the appeal. An appeal by the indirect customer plaintiffs remains pending. Ferrellgas believes it has strong defenses to the claims and intends to vigorously defend against the consolidated case. Ferrellgas does not believe loss is probable or reasonably estimable at this time related to the putative class action lawsuit. Ferrellgas has been named, along with several current and former officers, in several class action lawsuits alleging violations of certain securities laws based on alleged materially false and misleading statements in certain of our public disclosures. The lawsuits, the first of which was filed on October 6, 2016 in the Southern District of New York, seek unspecified compensatory damages. Derivative lawsuits with similar allegations have been filed naming Ferrellgas and several current and former officers and directors as defendants. Ferrellgas believes that it has defenses and will vigorously defend these cases. Ferrellgas does not believe loss is probable or reasonably estimable at this time related to the putative class action lawsuits or the derivative action. Ferrellgas and Bridger Logistics, LLC, have been named, along with two former officers, in a lawsuit filed by Eddystone Rail Company ("Eddystone") on February 2, 2017 in the Eastern District of Pennsylvania (the "EDPA Lawsuit"). Eddystone indicated that it has prevailed or settled an arbitration against Jamex Transfer Services (“JTS”), then named Bridger Transfer Services, a former subsidiary of Bridger Logistics, LLC (“Bridger”). The arbitration involved a claim against JTS for money due for deficiency payments under a contract for the use of an Eddystone facility used to offload crude from rail onto barges. Eddystone alleges that Ferrellgas transferred assets out of JTS prior to the sale of the membership interest in JTS to Jamex Transfer Holdings, and that those transfers should be avoided so that the assets can be used to satisfy the amount owed by JTS to Eddystone under the arbitration. Eddystone also alleges that JTS was an “alter ego” of Bridger and Ferrellgas. Ferrellgas believes that Ferrellgas and Bridger have valid defenses to these claims and to Eddystone’s primary claim against JTS on the contract claim. The lawsuit does not specify a specific amount of damages that Eddystone is seeking; however, Ferrellgas believes that the amount of such damage claims, if ultimately owed to Eddystone, could be material to Ferrellgas. Ferrellgas intends to vigorously defend this claim. The lawsuit is in its early stages; as such, management does not currently believe a loss is probable or reasonably estimable at this time. On August 24, 2017, Ferrellgas filed a third-party complaint against JTS, Jamex Transfer Holdings, and other related persons and entities (the "Third-Party Defendants"), asserting claims for breach of contract, indemnification of any losses in the EDPA Lawsuit, tortious interference with contract, and contribution. The Third-Party Defendants have filed motions to dismiss the third-party complaint for alleged lack of personal jurisdiction, failure to state claim, and forum non-conveniens. Ferrellgas is vigorously opposing these motions.
Ferrellgas Partners Finance Corp. [Member]
Contingencies And Commitments	Contingencies and commitments The Finance Corp. serves as co-issuer and co-obligor for debt securities of the Partnership. The indenture governing the senior unsecured notes contains various restrictive covenants applicable to the Partnership and its subsidiaries, the most restrictive relating to additional indebtedness and restricted payments. As of October 31, 2017 , the Partnership is in compliance with all requirements, tests, limitations and covenants related to this debt agreement, except for the consolidated fixed charge coverage ratio. The indenture governing the outstanding notes of the Partnership includes a consolidated fixed charge coverage ratio test for the incurrence of debt and the making of restricted payments. This covenant requires that the ratio of trailing four quarters EBITDA to interest expense (both as adjusted for certain, specified items) of the Partnership be at least 1.75 x before a restricted payment (as defined in the indenture) can be made by the Partnership. If this ratio were to drop below 1.75 x, the indenture allows the Partnership to make restricted payments of up to $50.0 million in total over a 16 quarter period while below this ratio. As of October 31, 2017, the ratio was 1.44 x. As a result, the $9.8 million distribution to be paid to common unitholders on December 15, 2017 will be taken from the $50.0 million restricted payment limitation, which after considering the $9.8 million deduction taken as a result of the distribution paid in September 2017, leaves $30.4 million for future restricted payments. Unless the indenture governing the outstanding notes is amended or refinanced, if our consolidated fixed charge coverage ratio does not improve to at least 1.75 x and we continue our current quarterly distribution rate of $0.10 per common unit, this covenant will not allow us to make common unit distributions for our quarter ending October 31, 2018 and beyond.
Ferrellgas, L.P. [Member]
Contingencies And Commitments	Contingencies and commitments Litigation Ferrellgas, L.P.’s operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane and crude oil. As a result, at any given time, Ferrellgas, L.P. can be threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas, L.P. is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas, L.P. Ferrellgas, L.P. has been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The lawsuits, which were consolidated in the Western District of Missouri on October 16, 2014, allege that Ferrellgas, L.P. and a competitor coordinated in 2008 to reduce the fill level in barbeque cylinders and combined to persuade a common customer to accept that fill reduction, resulting in increased cylinder costs to direct customers and end-user customers in violation of federal and certain state antitrust laws. The lawsuits seek treble damages, attorneys’ fees, injunctive relief and costs on behalf of the putative class. These lawsuits have been consolidated into one case by a multidistrict litigation panel. The Federal Court for the Western District of Missouri has dismissed all claims brought by direct and indirect customers other than state law claims of indirect customers under Wisconsin, Maine and Vermont law. The direct customer plaintiffs filed an appeal, which resulted in a reversal of the district court’s dismissal. We have filed a petition for a writ of certiorari with the U.S. Supreme Court. The direct customer plaintiffs have agreed to a stay of the case pending a decision on the petition and, if granted, the appeal. An appeal by the indirect customer plaintiffs remains pending. Ferrellgas, L.P. believes it has strong defenses to the claims and intends to vigorously defend against the consolidated case. Ferrellgas, L.P. does not believe loss is probable or reasonably estimable at this time related to the putative class action lawsuit. Ferrellgas, L.P. has been named, along with several current and former officers, in several class action lawsuits alleging violations of certain securities laws based on alleged materially false and misleading statements in certain of our public disclosures. The lawsuits, the first of which was filed on October 6, 2016 in the Southern District of New York, seek unspecified compensatory damages. Derivative lawsuits with similar allegations have been filed naming Ferrellgas, L.P. and several current and former officers and directors as defendants. Ferrellgas, L.P. believes that it has defenses and will vigorously defend these cases. Ferrellgas, L.P. does not believe loss is probable or reasonably estimable at this time related to the putative class action lawsuits or the derivative action. Ferrellgas, L.P. and Bridger Logistics, LLC, have been named, along with two former officers, in a lawsuit filed by Eddystone Rail Company ("Eddystone") on February 2, 2017 in the Eastern District of Pennsylvania (the "EDPA Lawsuit"). Eddystone indicated that it has prevailed or settled an arbitration against Jamex Transfer Services (“JTS”), then named Bridger Transfer Services, a former subsidiary of Bridger Logistics, LLC (“Bridger”). The arbitration involved a claim against JTS for money due for deficiency payments under a contract for the use of an Eddystone facility used to offload crude from rail onto barges. Eddystone alleges that Ferrellgas, L.P. transferred assets out of JTS prior to the sale of the membership interest in JTS to Jamex Transfer Holdings, and that those transfers should be avoided so that the assets can be used to satisfy the amount owed by JTS to Eddystone under the arbitration. Eddystone also alleges that JTS was an “alter ego” of Bridger and Ferrellgas. Ferrellgas, L.P. believes that Ferrellgas, L.P. and Bridger have valid defenses to these claims and to Eddystone’s primary claim against JTS on the contract claim. The lawsuit does not specify a specific amount of damages that Eddystone is seeking; however, Ferrellgas, L.P. believes that the amount of such damage claims, if ultimately owed to Eddystone, could be material to Ferrellgas, L.P. Ferrellgas, L.P. intends to vigorously defend this claim. The lawsuit is in its early stages; as such, management does not currently believe a loss is probable or reasonably estimable at this time. On August 24, 2017, Ferrellgas, L.P. filed a third-party complaint against JTS, Jamex Transfer Holdings, and other related persons and entities (the "Third-Party Defendants"), asserting claims for breach of contract, indemnification of any losses in the EDPA Lawsuit, tortious interference with contract, and contribution. The Third-Party Defendants have filed motions to dismiss the third-party complaint for alleged lack of personal jurisdiction, failure to state claim, and forum non-conveniens. Ferrellgas, L.P. is vigorously opposing these motions.
Ferrellgas Finance Corp. [Member]
Contingencies And Commitments	Contingencies and commitments The Finance Corp. serves as co-issuer and co-obligor for debt securities of the Partnership. The indentures governing the senior notes agreements contains various restrictive covenants applicable to the Partnership and its subsidiaries, the most restrictive relating to additional indebtedness and restricted payments. As of October 31, 2017 , the Partnership is in compliance with all requirements, tests, limitations and covenants related to these debt agreements.

Net Earnings (Loss) Per Common

Net Earnings (Loss) Per Common Unitholders' Interest	3 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Net Earning Per Common Unitholders' Interest	Net earnings (loss) per common unitholders’ interest Below is a calculation of the basic and diluted net earnings (loss) per common unitholders’ interest in the condensed consolidated statements of operations for the periods indicated. Ferrellgas calculates net earnings (loss) per common unitholders’ interest for each period presented according to distributions declared and participation rights in undistributed earnings, as if all of the earnings or loss for the period had been distributed according to the incentive distribution rights in the Ferrellgas partnership agreement. Due to the seasonality of the propane business, the dilutive effect of the two-class method typically impacts only the three months ending January 31. In periods with undistributed earnings above certain levels, the calculation according to the two-class method results in an increased allocation of undistributed earnings to the general partner and a dilution of the earnings to the limited partners as follows: Ratio of total distributions payable to: Quarterly distribution per common unit Common unitholder General partner $0.56 to $0.63 86.9 % 13.1 % $0.64 to $0.82 76.8 % 23.2 % $0.83 and above 51.5 % 48.5 % There was no dilutive effect resulting from this method based on basic and diluted net earnings (loss) per common unitholders' interest for the three months ended October 31, 2017 or 2016 . In periods with net losses, the allocation of the net losses to the limited partners and the general partner will be determined based on the same allocation basis specified in Ferrellgas Partners’ partnership agreement that would apply to periods in which there were no undistributed earnings. Additionally, there are no dilutive securities in periods with net losses. For the three months ended October 31, 2017 2016 (in thousands, except per unitholders' interest amounts) Common unitholders’ interest in net loss $ (47,436 ) $ (42,642 ) Weighted average common units outstanding - basic and diluted 97,152.7 97,457.6 Basic and diluted net loss per common unitholders’ interest $ (0.49 ) $ (0.44 )

Segment Reporting Segment Repor

Segment Reporting Segment Reporting	3 Months Ended
	Oct. 31, 2017
Segment Reporting Disclosure	Segment reporting Ferrellgas has two primary operations that result in two reportable operating segments: propane operations and related equipment sales and midstream operations. Until April 2017, Ferrellgas utilized a structure that included two reportable segments which included propane operations and related equipment sales segment and the midstream operations - crude oil logistics segment. The results from midstream operations - water solutions segment were reported within Corporate and other. As a result of a change in the way management is evaluating results and allocating resources, results of the water solutions business are now included in the Midstream operations segment for all periods presented. Following is a summary of segment information for the three months ended October 31, 2017 and 2016 : Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 333,895 $ 120,760 $ — $ 454,655 Direct costs (1) 303,329 113,901 11,209 428,439 Adjusted EBITDA $ 30,566 $ 6,859 $ (11,209 ) $ 26,216 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 271,498 $ 108,044 $ — $ 379,542 Direct costs (1) 237,014 102,773 10,736 350,523 Adjusted EBITDA $ 34,484 $ 5,271 $ (10,736 ) $ 29,019 (1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "cost of products sold-midstream operations", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock-based compensation charge", "change in fair value of contingent consideration", "severance charge", "litigation accrual and related legal fees associated with a class action lawsuit", "unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments" and "acquisition and transition expenses". Following is a reconciliation of Ferrellgas' total segment performance measure to condensed consolidated net earnings (loss): Three months ended October 31, 2017 2016 Net loss attributable to Ferrellgas Partners, L.P. $ (47,915 ) $ (43,073 ) Income tax expense (benefit) 377 (590 ) Interest expense 40,807 35,428 Depreciation and amortization expense 25,732 26,202 EBITDA 19,001 17,967 Non-cash employee stock ownership plan compensation charge 3,962 3,754 Non-cash stock-based compensation charge — 1,881 Loss on asset sales and disposal 895 6,423 Other income, net (511 ) (508 ) Severance costs 1,663 1,469 Unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments 1,607 (1,569 ) Net loss attributable to noncontrolling interest (401 ) (398 ) Adjusted EBITDA $ 26,216 $ 29,019 Following are total assets by segment: Assets October 31, 2017 July 31, 2017 Propane operations and related equipment sales $ 1,292,686 $ 1,194,905 Midstream operations 397,653 399,356 Corporate and unallocated 14,615 15,708 Total consolidated assets $ 1,704,954 $ 1,609,969 Following are capital expenditures by segment: Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 8,351 $ 3 $ 239 $ 8,593 Growth 9,688 664 — 10,352 Total $ 18,039 $ 667 $ 239 $ 18,945 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 1,831 $ 127 $ 1,306 $ 3,264 Growth 5,414 — — 5,414 Total $ 7,245 $ 127 $ 1,306 $ 8,678
Ferrellgas, L.P. [Member]
Segment Reporting Disclosure	Segment reporting Ferrellgas, L.P. has two primary operations that result in two reportable operating segments: propane operations and related equipment sales and midstream operations. Until April 2017, Ferrellgas, L.P. utilized a structure that included two reportable segments which included propane operations and related equipment sales segment and the midstream operations - crude oil logistics segment. The results from midstream operations - water solutions segment were reported within Corporate and other. As a result of a change in the way management is evaluating results and allocating resources, results of the water solutions business are now included in the Midstream operations segment for all periods presented. Following is a summary of segment information for the three months ended October 31, 2017 and 2016 : Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 333,895 $ 120,760 $ — $ 454,655 Direct costs (1) 303,329 113,901 11,209 428,439 Adjusted EBITDA $ 30,566 $ 6,859 $ (11,209 ) $ 26,216 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 271,498 $ 108,044 $ — $ 379,542 Direct costs (1) 237,014 102,773 10,736 350,523 Adjusted EBITDA $ 34,484 $ 5,271 $ (10,736 ) $ 29,019 (1) Direct costs are comprised of "cost of sales-propane and other gas liquids sales", "cost of products sold-midstream operations", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock-based compensation charge", "change in fair value of contingent consideration", "severance charge", "litigation accrual and related legal fees associated with a class action lawsuit", "unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments" and "acquisition and transition expenses". Following is a reconciliation of Ferrellgas, L.P.'s total segment performance measure to condensed consolidated net earnings (loss): Three months ended October 31, 2017 2016 Net loss $ (39,699 ) $ (39,440 ) Income tax expense (benefit) 371 (591 ) Interest expense 32,196 31,398 Depreciation and amortization expense 25,732 26,202 EBITDA 18,600 17,569 Non-cash employee stock ownership plan compensation charge 3,962 3,754 Non-cash stock-based compensation charge — 1,881 Loss on asset sales and disposal 895 6,423 Other income, net (511 ) (508 ) Severance costs 1,663 1,469 Unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments 1,607 (1,569 ) Adjusted EBITDA $ 26,216 $ 29,019 Following are total assets by segment: Assets October 31, 2017 July 31, 2017 Propane operations and related equipment sales $ 1,292,686 $ 1,194,905 Midstream operations 397,653 399,356 Corporate and unallocated 14,600 15,687 Total consolidated assets $ 1,704,939 $ 1,609,948 Following are capital expenditures by segment: Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 8,351 $ 3 $ 239 $ 8,593 Growth 9,688 664 — 10,352 Total $ 18,039 $ 667 $ 239 $ 18,945 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 1,831 $ 127 $ 1,306 $ 3,264 Growth 5,414 — — 5,414 Total $ 7,245 $ 127 $ 1,306 $ 8,678

Guarantor financial information

Guarantor financial information	3 Months Ended
	Oct. 31, 2017
Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Guarantor financial information	Guarantor financial information The $500.0 million aggregate principal amount of 6.75% senior notes due 2023 co-issued by Ferrellgas, L.P. and Ferrellgas Finance Corp. are fully and unconditionally and jointly and severally guaranteed by all of Ferrellgas, L.P.’s 100% owned subsidiaries except: i) Ferrellgas Finance Corp; ii) certain special purposes subsidiaries formed for use in connection with our accounts receivable securitization; and iii) foreign subsidiaries. Guarantees of these senior notes will be released under certain circumstances, including (i) in connection with any sale or other disposition of (a) all or substantially all of the assets of a guarantor or (b) all of the capital stock of such guarantor (including by way of merger or consolidation), in each case, to a person that is not Ferrellgas, L.P. or a restricted subsidiary of Ferrellgas, L.P., (ii) if Ferrellgas, L.P. designates any restricted subsidiary that is a guarantor as an unrestricted subsidiary, (iii) upon defeasance or discharge of the notes, (iv) upon the liquidation or dissolution of such guarantor, or (v) at such time as such guarantor ceases to guarantee any other indebtedness of either of the issuers and any other guarantor. The guarantor financial information discloses in separate columns the financial position, results of operations and the cash flows of Ferrellgas, L.P. (Parent), Ferrellgas Finance Corp. (co-issuer), Ferrellgas L.P.’s guarantor subsidiaries on a combined basis, and Ferrellgas L.P.’s non-guarantor subsidiaries on a combined basis. The dates and the periods presented in the guarantor financial information are consistent with the periods presented in Ferrellgas, L.P.’s condensed consolidated financial statements. FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands) As of October 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 $ 6,852 $ 1 $ 245 $ — $ — $ 7,098 Accounts and notes receivable (2,343 ) — 60,692 133,079 — 191,428 Intercompany receivables 40,190 — — — (40,190 ) — Inventories 90,812 — 21,526 — — 112,338 Prepaid expenses and other current assets 61,140 — 6,909 6 — 68,055 Total current assets 196,651 1 89,372 133,085 (40,190 ) 378,919 Property, plant and equipment, net 547,489 — 191,240 — — 738,729 Goodwill 246,098 — 10,005 — — 256,103 Intangible assets, net 131,322 — 119,307 — — 250,629 Intercompany receivables 450,000 — — — (450,000 ) — Investments in consolidated subsidiaries (48,341 ) — — — 48,341 — Other assets, net 39,918 — 40,136 505 — 80,559 Total assets $ 1,563,137 $ 1 $ 450,060 $ 133,590 $ (441,849 ) $ 1,704,939 LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) Current liabilities: Accounts payable $ 56,610 $ — $ 42,167 $ 421 $ — $ 99,198 Short-term borrowings 263,200 — — — — 263,200 Collateralized note payable — — — 88,000 — 88,000 Intercompany payables — — 42,952 (2,762 ) (40,190 ) — Other current liabilities 182,794 — 6,238 229 — 189,261 Total current liabilities 502,604 — 91,357 85,888 (40,190 ) 639,659 Long-term debt 1,464,344 — 450,085 — (450,000 ) 1,464,429 Other liabilities 30,137 — 4,662 — — 34,799 Contingencies and commitments Partners' capital (deficit): Partners' equity (467,212 ) 1 (96,044 ) 47,702 48,341 (467,212 ) Accumulated other comprehensive income 33,264 — — — — 33,264 Total partners' capital (deficit) (433,948 ) 1 (96,044 ) 47,702 48,341 (433,948 ) Total liabilities and partners' capital (deficit) $ 1,563,137 $ 1 $ 450,060 $ 133,590 $ (441,849 ) $ 1,704,939 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 STATEMENTS OF OPERATIONS (in thousands) For the three months ended October 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 $ 302,117 $ — $ 641 $ — $ — $ 302,758 Midstream operations — — 120,760 — — 120,760 Other 16,677 — 14,460 — — 31,137 Total revenues 318,794 — 135,861 — — 454,655 Costs and expenses: Cost of sales - propane and other gas liquids sales 178,819 — 696 — — 179,515 Cost of sales - midstream operations — — 108,125 — — 108,125 Cost of sales - other 2,709 — 10,993 — — 13,702 Operating expense 101,232 — 9,263 1,182 (1,215 ) 110,462 Depreciation and amortization expense 18,347 — 7,313 72 — 25,732 General and administrative expense 10,755 2 2,407 — — 13,164 Equipment lease expense 6,648 — 93 — — 6,741 Non-cash employee stock ownership plan compensation charge 3,962 — — — — 3,962 Loss on asset sales and disposal 908 — (13 ) — — 895 Operating income (loss) (4,586 ) (2 ) (3,016 ) (1,254 ) 1,215 (7,643 ) Interest expense (20,394 ) — (11,185 ) (617 ) — (32,196 ) Other income (expense), net 215 — 296 1,215 (1,215 ) 511 Loss before income taxes (24,765 ) (2 ) (13,905 ) (656 ) — (39,328 ) Income tax (benefit) expense (10 ) — 381 — — 371 Equity in earnings (loss) of subsidiary (14,944 ) — — — 14,944 — Net earnings (loss) (39,699 ) (2 ) (14,286 ) (656 ) 14,944 (39,699 ) Other comprehensive loss 18,500 — — — — 18,500 Comprehensive income (loss) $ (21,199 ) $ (2 ) $ (14,286 ) $ (656 ) $ 14,944 $ (21,199 ) FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in thousands) For the three months ended October 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 $ 242,399 $ — $ — $ — $ — $ 242,399 Midstream operations — — 108,044 — — 108,044 Other 17,326 — 11,773 — — 29,099 Total revenues 259,725 — 119,817 — — 379,542 Costs and expenses: Cost of sales - propane and other gas liquids sales 119,212 — — — — 119,212 Cost of sales - midstream operations — — 94,642 — — 94,642 Cost of sales - other 2,430 — 9,316 — — 11,746 Operating expense 97,655 — 10,246 (2,105 ) (710 ) 105,086 Depreciation and amortization expense 18,277 — 7,872 53 — 26,202 General and administrative expense 12,863 2 1,404 — — 14,269 Equipment lease expense 7,210 — 139 — — 7,349 Non-cash employee stock ownership plan compensation charge 3,754 — — — — 3,754 Loss on asset sales and disposal 1,447 — 4,976 — — 6,423 Operating income (loss) (3,123 ) (2 ) (8,778 ) 2,052 710 (9,141 ) Interest expense (20,352 ) — (10,673 ) (370 ) (3 ) (31,398 ) Other income (expense), net (47 ) — 555 707 (707 ) 508 Earnings (loss) before income taxes (23,522 ) (2 ) (18,896 ) 2,389 — (40,031 ) Income tax benefit (29 ) — (562 ) — — (591 ) Equity in earnings (loss) of subsidiary (15,947 ) — — — 15,947 — Net earnings (loss) (39,440 ) (2 ) (18,334 ) 2,389 15,947 (39,440 ) Other comprehensive income 9,376 — — — — 9,376 Comprehensive income (loss) $ (30,064 ) $ (2 ) $ (18,334 ) $ 2,389 $ 15,947 $ (30,064 ) FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) For the three months ended October 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 $ 23,305 $ (2 ) $ (22,294 ) $ 25,981 $ (19,000 ) $ 7,990 Cash flows from investing activities: Business acquisitions, net of cash acquired (13,867 ) — — — — (13,867 ) Capital expenditures (19,429 ) — (725 ) — — (20,154 ) Proceeds from sale of assets 1,208 — — — — 1,208 Cash collected for purchase of interest in accounts receivable — — — 203,291 (203,291 ) — Cash remitted to Ferrellgas, L.P. for accounts receivable — — — (222,291 ) 222,291 — Net changes in advances with consolidated entities 3,088 — — — (3,088 ) — Net cash used in investing activities (29,000 ) — (725 ) (19,000 ) 15,912 (32,813 ) Cash flows from financing activities: Distributions (9,913 ) — — — — (9,913 ) Proceeds from issuance of long-term debt 23,580 — — — — 23,580 Payments on long-term debt (281 ) — — — — (281 ) Net reductions in short-term borrowings (5,879 ) — — — — (5,879 ) Net additions to collateralized short-term borrowings — — — 19,000 — 19,000 Net changes in advances with parent — 2 22,891 (25,981 ) 3,088 — Cash paid for financing costs (287 ) — — — — (287 ) Net cash provided by (used in) financing activities 7,220 2 22,891 (6,981 ) 3,088 26,220 Increase (decrease) in cash and cash equivalents 1,525 — (128 ) — — 1,397 Cash and cash equivalents - beginning of period 5,327 1 373 — — 5,701 Cash and cash equivalents - end of period $ 6,852 $ 1 $ 245 $ — $ — $ 7,098 FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) For the three months ended October 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 $ 79,220 $ (2 ) $ (15,354 ) $ 687 $ (10,000 ) $ 54,551 Cash flows from investing activities: Capital expenditures (10,000 ) — (5 ) — — (10,005 ) Proceeds from sale of assets 2,279 — — — — 2,279 Cash collected for purchase of interest in accounts receivable — — — 183,939 (183,939 ) — Cash remitted to Ferrellgas, L.P. for accounts receivable — — — (193,939 ) 193,939 — Net changes in advances with consolidated entities (14,453 ) — — — 14,453 — Net cash provided by (used in) investing activities (22,174 ) — (5 ) (10,000 ) 24,453 (7,726 ) Cash flows from financing activities: Distributions (66,658 ) — — — — (66,658 ) Proceeds from issuance of long-term debt 25,626 — — — — 25,626 Payments on long-term debt (2,261 ) — — — — (2,261 ) Net reductions in short-term borrowings (4,467 ) — — — — (4,467 ) Net additions to collateralized short-term borrowings — — — 10,000 — 10,000 Net changes in advances with parent — 2 15,138 (687 ) (14,453 ) — Cash paid for financing costs (1,390 ) — — — — (1,390 ) Net cash provided by (used in) financing activities (49,150 ) 2 15,138 9,313 (14,453 ) (39,150 ) Increase (decrease) in cash and cash equivalents 7,896 — (221 ) — — 7,675 Cash and cash equivalents - beginning of period 4,472 1 417 — — 4,890 Cash and cash equivalents - end of period $ 12,368 $ 1 $ 196 $ — $ — $ 12,565

Subsequent Events

Subsequent Events	3 Months Ended
	Oct. 31, 2017
Subsequent Events	Subsequent events Ferrellgas evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas' condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements.
Ferrellgas, L.P. [Member]
Subsequent Events	Subsequent events Ferrellgas, L.P. evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas L.P.'s condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements.

Summary Of Significant Accoun22

Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Oct. 31, 2017
Significant Accounting Policies [Line Items]
Accounting estimates	Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, fair values of derivative contracts and stock-based compensation calculations.
New Accounting Pronouncements	New accounting standards: FASB Accounting Standard Update No. 2014-09 In May 2014, the Financial Accounting Standards Board, ("FASB") issued Accounting Standard Update ("ASU") 2014-09, Revenue from Contracts with Customers. The issuance is part of a joint effort by the FASB and the International Accounting Standards Board ("IASB") to enhance financial reporting by creating common revenue recognition guidance for U.S. GAAP and International Financial Reporting Standards ("IFRS") and, thereby, improving the consistency of requirements, comparability of practices and usefulness of disclosures. The new standard will supersede much of the existing authoritative literature for revenue recognition. The standard and related amendments will be effective for Ferrellgas for its annual reporting period beginning August 1, 2018, including interim periods within that reporting period. Entities are allowed to transition to the new standard by either recasting prior periods or recognizing the cumulative effect. Ferrellgas is currently evaluating the newly issued guidance, including which transition approach will be applied and the estimated impact it will have on the consolidated financial statements. Ferrellgas has formed an implementation team, completed training on the new standard, prepared an initial assessment and is continuing to review its contracts with customers. FASB Accounting Standard Update No. 2015-11 In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330) - Simplifying the Measurement of Inventory, which requires that inventory within the scope of the guidance be measured at the lower of cost or net realizable value. We adopted ASU 2015-11 effective August 1, 2017. The adoption of this standard did not materially impact our consolidated financial statements. FASB Accounting Standard Update No. 2016-02 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas is currently evaluating the impact of its pending adoption of ASU 2016-02 on the consolidated financial statements. Ferrellgas has formed an implementation team, completed training on the new standard, and is working on an initial assessment. FASB Accounting Standard Update No. 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements. FASB Accounting Standard Update No. 2017-12 In August 2017, the FASB issued ASU 2017-12, Financial Instruments - Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities which is intended to improve the financial reporting for hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements.
Ferrellgas, L.P. [Member]
Significant Accounting Policies [Line Items]
Accounting estimates	Accounting estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from these estimates. Significant estimates impacting the consolidated financial statements include accruals that have been established for contingent liabilities, pending claims and legal actions arising in the normal course of business, useful lives of property, plant and equipment assets, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, allowance for doubtful accounts, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, fair values of derivative contracts and stock-based compensation calculations.
New Accounting Pronouncements	New accounting standards: FASB Accounting Standard Update No. 2014-09 In May 2014, the Financial Accounting Standards Board, ("FASB") issued Accounting Standard Update ("ASU") 2014-09, Revenue from Contracts with Customers. The issuance is part of a joint effort by the FASB and the International Accounting Standards Board ("IASB") to enhance financial reporting by creating common revenue recognition guidance for U.S. GAAP and International Financial Reporting Standards ("IFRS") and, thereby, improving the consistency of requirements, comparability of practices and usefulness of disclosures. The new standard will supersede much of the existing authoritative literature for revenue recognition. The standard and related amendments will be effective for Ferrellgas, L.P. for its annual reporting period beginning August 1, 2018, including interim periods within that reporting period. Entities are allowed to transition to the new standard by either recasting prior periods or recognizing the cumulative effect. Ferrellgas, L.P. is currently evaluating the newly issued guidance, including which transition approach will be applied and the estimated impact it will have on the consolidated financial statements. Ferrellgas, L.P. has formed an implementation team, completed training on the new standard, prepared an initial assessment and is continuing to review its contracts with customers. FASB Accounting Standard Update No. 2015-11 In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330) - Simplifying the Measurement of Inventory, which requires that inventory within the scope of the guidance be measured at the lower of cost or net realizable value. We adopted ASU 2015-11 effective August 1, 2017. The adoption of this standard did not materially impact our consolidated financial statements. FASB Accounting Standard Update No. 2016-02 In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2016-02 on the consolidated financial statements. Ferrellgas, L.P. has formed an implementation team, completed training on the new standard, and is working on an initial assessment. FASB Accounting Standard Update No. 2016-13 In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas, L.P. is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements. FASB Accounting Standard Update No. 2017-12 In August 2017, the FASB issued ASU 2017-12, Financial Instruments - Derivatives and Hedging (Topic 815) - Targeted Improvements to Accounting for Hedging Activities which is intended to improve the financial reporting for hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Ferrellgas, L.P. is currently evaluating the impact of its pending adoption of this standard on the consolidated financial statements.

Supplemental Financial Statem23

Supplemental Financial Statement Information (Tables)	3 Months Ended
	Oct. 31, 2017
Schedule of Inventories	Inventories consist of the following: October 31, 2017 July 31, 2017 Propane gas and related products $ 79,196 $ 67,049 Crude oil 7,921 724 Appliances, parts and supplies 25,221 24,779 Inventories $ 112,338 $ 92,552
Other Assets Disclosure [Text Block]	Other assets, net consist of the following: October 31, 2017 July 31, 2017 Note receivable - Jamex, less current portion $ 30,000 $ 32,500 Other 50,559 41,557 Other assets, net $ 80,559 $ 74,057
Other Current Liabilities	Other current liabilities consist of the following: October 31, 2017 July 31, 2017 Accrued interest $ 51,109 $ 18,671 Customer deposits and advances 42,599 25,541 Other 107,171 82,012 Other current liabilities $ 200,879 $ 126,224
Shipping And Handling Expenses	Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items: For the three months ended October 31, 2017 2016 Operating expense $ 43,314 $ 41,810 Depreciation and amortization expense 1,112 1,026 Equipment lease expense 6,069 6,666 Total shipping and handling expenses $ 50,495 $ 49,502
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Certain cash flow and significant non-cash activities are presented below: For the three months ended October 31, 2017 2016 Cash paid for: Interest $ 6,129 $ 5,631 Income taxes $ 6 $ 1 Non-cash investing and financing activities: Liabilities incurred in connection with acquisitions $ 1,232 $ — Change in accruals for property, plant and equipment additions $ 140 $ (189 )
Ferrellgas, L.P. [Member]
Schedule of Inventories	Inventories consist of the following: October 31, 2017 July 31, 2017 Propane gas and related products $ 79,196 $ 67,049 Crude oil 7,921 724 Appliances, parts and supplies 25,221 24,779 Inventories $ 112,338 $ 92,552
Other Assets Disclosure [Text Block]	Other assets, net consist of the following: October 31, 2017 July 31, 2017 Note receivable - Jamex, less current portion $ 30,000 $ 32,500 Other 50,559 41,557 Other assets, net $ 80,559 $ 74,057
Other Current Liabilities	Other current liabilities consist of the following: October 31, 2017 July 31, 2017 Accrued interest $ 39,477 $ 14,737 Customer deposits and advances 42,599 25,541 Other 107,185 81,738 Other current liabilities $ 189,261 $ 122,016
Shipping And Handling Expenses	Shipping and handling expenses are classified in the following condensed consolidated statements of operations line items: For the three months ended October 31, 2017 2016 Operating expense $ 43,314 $ 41,810 Depreciation and amortization expense 1,112 1,026 Equipment lease expense 6,069 6,666 Total shipping and handling expenses $ 50,495 $ 49,502
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Certain cash flow and significant non-cash activities are presented below: For the three months ended October 31, 2017 2016 Cash paid for: Interest $ 6,129 $ 5,630 Non-cash investing and financing activities: Liabilities incurred in connection with acquisitions $ 1,232 $ — Change in accruals for property, plant and equipment additions $ 140 $ (189 )

Accounts And Notes Receivable24

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Tables)	3 Months Ended
	Oct. 31, 2017
Accounts And Notes Receivable, Net	Accounts and notes receivable, net consist of the following: October 31, 2017 July 31, 2017 Accounts receivable pledged as collateral $ 137,244 $ 109,407 Accounts receivable 46,318 47,346 Note receivable - Jamex, current portion 10,000 10,000 Other 294 307 Less: Allowance for doubtful accounts (2,428 ) (1,976 ) Accounts and notes receivable, net $ 191,428 $ 165,084
Ferrellgas, L.P. [Member]
Accounts And Notes Receivable, Net	Accounts and notes receivable, net consist of the following: October 31, 2017 July 31, 2017 Accounts receivable pledged as collateral $ 137,244 $ 109,407 Accounts receivable 46,318 47,346 Note receivable - Jamex, current portion 10,000 10,000 Other 294 307 Less: Allowance for doubtful accounts (2,428 ) (1,976 ) Accounts and notes receivable, net $ 191,428 $ 165,084

Accounts And Notes Receivable25

Accounts And Notes Receivable, Net And Accounts Receivable Securitization Accounts And Notes Receivable, Net Accounts Receivable Securitization (Maximum Leverage Ratio table) (Tables)	3 Months Ended
	Oct. 31, 2017
Maximum Leverage Ratio Table	The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50
Ferrellgas, L.P. [Member]
Maximum Leverage Ratio Table	The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50

Accounts And Notes Receivable26

Accounts And Notes Receivable, Net And Accounts Receivable Securitization Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Consolidated Interest Coverage Ratio) (Tables)	3 Months Ended
	Oct. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Line of Credit Facilities [Table Text Block]	The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Line of Credit Facilities [Table Text Block]	The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50

Debt Debt (Tables)

Debt Debt (Tables)	3 Months Ended
	Oct. 31, 2017
Debt Instrument [Line Items]
Maximum Leverage Ratio Table	The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Maximum Leverage Ratio Table	The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50 The current maximum consolidated leverage covenant ratios are as follows: Date Maximum leverage ratio October 31, 2017 7.75 January 31, 2018 7.75 April 30, 2018 7.75 July 31, 2018 & thereafter 5.50

Debt Debt (Consolidated Interes

Debt Debt (Consolidated Interest Coverage Ratio) (Tables)	3 Months Ended
	Oct. 31, 2017
Debt Instrument [Line Items]
Schedule of Line of Credit Facilities [Table Text Block]	The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Schedule of Line of Credit Facilities [Table Text Block]	The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50 The current minimum consolidated interest coverage ratios are as follows: Date Minimum consolidated interest coverage ratio October 31, 2017 1.75 January 31, 2018 1.75 April 30, 2018 1.75 July 31, 2018 & thereafter 2.50

Partners' Capital (Tables)

Partners' Capital (Tables)	3 Months Ended
	Oct. 31, 2017
Schedule of Limited Partners' Capital Account by Class [Table Text Block]	As of October 31, 2017 and July 31, 2017 , Ferrellgas Partners limited partner units, which are listed on the New York Stock Exchange under the symbol “FGP,” were beneficially owned by the following: October 31, 2017 July 31, 2017 Public common unitholders 69,612,939 69,612,939 Ferrell Companies (1) 22,529,361 22,529,361 FCI Trading Corp. (2) 195,686 195,686 Ferrell Propane, Inc. (3) 51,204 51,204 James E. Ferrell (4) 4,763,475 4,763,475
Cash distributions	Ferrellgas Partners has paid the following distributions: For the three months ended October 31, 2017 2016 Public common unitholders $ 6,961 $ 35,678 Ferrell Companies 2,253 11,546 FCI Trading Corp. 20 100 Ferrell Propane, Inc. 5 26 James E. Ferrell 476 2,441 General partner 98 503 $ 9,813 $ 50,294
Ferrellgas, L.P. [Member]
Cash distributions	Ferrellgas, L.P. has paid the following distributions: For the three months ended October 31, 2017 2016 Ferrellgas Partners $ 9,813 $ 66,145 General partner 100 513 $ 9,913 $ 66,658
Subsequent Event [Member]
Dividends expected to be paid to related parties	Included in this cash distribution are the following amounts to be paid to related parties: Ferrell Companies $ 2,253 FCI Trading Corp. 20 Ferrell Propane, Inc. 5 James E. Ferrell 476 General partner 98

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Oct. 31, 2017
Schedule of fair value assets and liabilities	The following table presents Ferrellgas’ financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of October 31, 2017 and July 31, 2017 : Asset (Liability) Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total October 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 298 $ — $ 298 Commodity derivatives $ — $ 35,000 $ — $ 35,000 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (984 ) $ — $ (984 ) Commodity derivatives $ — $ (3,464 ) $ — $ (3,464 ) July 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 583 $ — $ 583 Commodity derivatives $ — $ 16,212 $ — $ 16,212 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (707 ) $ — $ (707 ) Commodity derivatives $ — $ (1,258 ) $ — $ (1,258 )
Ferrellgas, L.P. [Member]
Schedule of fair value assets and liabilities	The following table presents Ferrellgas, L.P.’s financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of October 31, 2017 and July 31, 2017 : Asset (Liability) Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs Unobservable Inputs (Level 3) Total October 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 298 $ — $ 298 Commodity derivatives $ — $ 35,000 $ — $ 35,000 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (984 ) $ — $ (984 ) Commodity derivatives $ — $ (3,464 ) $ — $ (3,464 ) July 31, 2017: Assets: Derivative financial instruments: Interest rate swap agreements $ — $ 583 $ — $ 583 Commodity derivatives $ — $ 16,212 $ — $ 16,212 Liabilities: Derivative financial instruments: Interest rate swap agreements $ — $ (707 ) $ — $ (707 ) Commodity derivatives $ — $ (1,258 ) $ — $ (1,258 )

Derivative Instruments and He31

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Tables)	3 Months Ended
	Oct. 31, 2017
Fair Value of Financial Derivatives Balance Sheet Locations	The following tables provide a summary of the fair value of derivatives in Ferrellgas’ condensed consolidated balance sheets as of October 31, 2017 and July 31, 2017 : October 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 25,938 Other current liabilities $ 1,209 Commodity derivatives-propane Other assets, net 8,789 Other liabilities 284 Interest rate swap agreements Prepaid expenses and other current assets 298 Other current liabilities 284 Interest rate swap agreements Other assets, net — Other liabilities 700 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 273 Other current liabilities 1,971 Total $ 35,298 Total $ 4,448 July 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 11,061 Other current liabilities $ 415 Commodity derivatives-propane Other assets, net 4,413 Other liabilities 15 Interest rate swap agreements Prepaid expenses and other current assets 583 Other current liabilities 595 Interest rate swap agreements Other assets, net — Other liabilities 112 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 738 Other current liabilities 828 Total $ 16,795 Total $ 1,965
Schedule of Derivative Collateral	The following tables provide a summary of cash margin balances as of October 31, 2017 and July 31, 2017 , respectively: October 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 3,723 Other current liabilities $ 19,696 Other assets, net 1,461 Other liabilities 5,945 $ 5,184 $ 25,641 July 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 1,778 Other current liabilities $ 7,729 Other assets, net 1,631 Other liabilities 3,073 $ 3,409 $ 10,802
Fair Value Hedge Derivative Effect on Earnings	The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to derivatives designated as fair value hedging instruments: Amount of Gain Recognized on Derivative Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item) Derivative Instrument Location of Amounts Recognized on Derivative For the three months ended October 31, For the three months ended October 31, 2017 2016 2017 2016 Interest rate swap agreements Interest expense $ 138 $ 420 $ (2,275 ) $ (2,275 )
Cash Flow Hedge Derivative Effect on Comprehensive Income	The following tables provide a summary of the effect on Ferrellgas’ condensed consolidated statements of comprehensive income (loss) for the three months ended October 31, 2017 and 2016 due to derivatives designated as cash flow hedging instruments: For the three months ended October 31, 2017 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 22,323 Cost of sales-propane and other gas liquids sales $ 4,132 $ — Interest rate swap agreements 126 Interest expense (183 ) — $ 22,449 $ 3,949 $ — For the three months ended October 31, 2016 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 4,873 Cost of sales-propane and other gas liquids sales $ (3,596 ) $ — Interest rate swap agreements 265 Interest expense (642 ) — $ 5,138 $ (4,238 ) $ —
Derivatives not Designated as Hedging, Effect on Earnings	The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to the change in fair value of derivatives not designated as hedging instruments: For the three months ended October 31, 2017 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,390 ) Cost of sales - midstream operations For the three months ended October 31, 2016 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,241 ) Cost of sales - midstream operations Commodity derivatives - vehicle fuel $ 1,027 Operating expense
Changes in Derivative Value Effect on Other Comprehensive Income (Loss)	The changes in derivatives included in AOCI for the three months ended October 31, 2017 and 2016 were as follows: For the three months ended October 31, Gains and losses on derivatives included in AOCI 2017 2016 Beginning balance $ 14,648 $ (9,815 ) Change in value of risk management commodity derivatives 22,323 4,873 Reclassification of (gains) and losses on commodity hedges to cost of sales - propane and other gas liquids sales, net (4,132 ) 3,596 Change in value of risk management interest rate derivatives 126 265 Reclassification of (gains) and losses on interest rate hedges to interest expense 183 642 Ending balance $ 33,148 $ (439 )
Ferrellgas, L.P. [Member]
Fair Value of Financial Derivatives Balance Sheet Locations	The following tables provide a summary of the fair value of derivatives in Ferrellgas, L.P.’s condensed consolidated balance sheets as of October 31, 2017 and July 31, 2017 : October 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives-propane Prepaid expenses and other current assets $ 25,938 Other current liabilities $ 1,209 Commodity derivatives-propane Other assets, net 8,789 Other liabilities 284 Interest rate swap agreements Prepaid expenses and other current assets 298 Other current liabilities 284 Interest rate swap agreements Other assets, net — Other liabilities 700 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 273 Other current liabilities 1,971 Total $ 35,298 Total $ 4,448 July 31, 2017 Asset Derivatives Liability Derivatives Derivative Instrument Location Fair value Location Fair value Derivatives designated as hedging instruments Commodity derivatives Prepaid expenses and other current assets $ 11,061 Other current liabilities $ 415 Commodity derivatives Other assets, net 4,413 Other liabilities 15 Interest rate swap agreements Prepaid expenses and other current assets 583 Other current liabilities 595 Interest rate swap agreements Other assets, net — Other liabilities 112 Derivatives not designated as hedging instruments Commodity derivatives-crude oil Prepaid expenses and other current assets 738 Other current liabilities 828 Total $ 16,795 Total $ 1,965
Schedule of Derivative Collateral	The following tables provide a summary of cash margin balances as of October 31, 2017 and July 31, 2017 , respectively: October 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 3,723 Other current liabilities $ 19,696 Other assets, net 1,461 Other liabilities 5,945 $ 5,184 $ 25,641 July 31, 2017 Assets Liabilities Description Location Amount Location Amount Margin Balances Prepaid expenses and other current assets $ 1,778 Other current liabilities $ 7,729 Other assets, net 1,631 Other liabilities 3,073 $ 3,409 $ 10,802
Fair Value Hedge Derivative Effect on Earnings	The following table provides a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to derivatives designated as fair value hedging instruments: Amount of Gain Recognized on Derivative Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item) Derivative Instrument Location of Amounts Recognized on Derivative For the three months ended October 31, For the three months ended October 31, 2017 2016 2017 2016 Interest rate swap agreements Interest expense $ 138 $ 420 $ (2,275 ) $ (2,275 )
Cash Flow Hedge Derivative Effect on Comprehensive Income	The following tables provide a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of comprehensive income (loss) for the three months ended October 31, 2017 and 2016 due to derivatives designated as cash flow hedging instruments: For the three months ended October 31, 2017 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 22,323 Cost of sales-propane and other gas liquids sales $ 4,132 $ — Interest rate swap agreements 126 Interest expense (183 ) — $ 22,449 $ 3,949 $ — For the three months ended October 31, 2016 Derivative Instrument Amount of Gain (Loss) Recognized in AOCI Location of Gain (Loss) Reclassified from AOCI into Income Amount of Gain (Loss) Reclassified from AOCI into Income Effective portion Ineffective portion Commodity derivatives $ 4,873 Cost of sales-propane and other gas liquids sales $ (3,596 ) $ — Interest rate swap agreements 265 Interest expense (642 ) — $ 5,138 $ (4,238 ) $ —
Derivatives not Designated as Hedging, Effect on Earnings	The following tables provide a summary of the effect on Ferrellgas, L.P.'s condensed consolidated statements of operations for the three months ended October 31, 2017 and 2016 due to the change in fair value of derivatives not designated as hedging instruments: For the three months ended October 31, 2017 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,390 ) Cost of sales - midstream operations For the three months ended October 31, 2016 Derivatives Not Designated as Hedging Instruments Amount of Gain (Loss) Recognized in Income Location of Gain (Loss) Recognized in Income Commodity derivatives - crude oil $ (1,241 ) Cost of sales - midstream operations Commodity derivatives - vehicle fuel $ 1,027 Operating expense
Changes in Derivative Value Effect on Other Comprehensive Income (Loss)	The changes in derivatives included in AOCI for the three months ended October 31, 2017 and 2016 were as follows: For the three months ended October 31, Gains and losses on derivatives included in AOCI 2017 2016 Beginning balance $ 14,648 $ (9,815 ) Change in value of risk management commodity derivatives 22,323 4,873 Reclassification of (gains) and losses on commodity hedges to cost of sales - propane and other gas liquids sales, net (4,132 ) 3,596 Change in value of risk management interest rate derivatives 126 265 Reclassification of (gains) and losses on interest rate hedges to interest expense 183 642 Ending balance $ 33,148 $ (439 )

Transactions With Related Par32

Transactions With Related Parties (Tables)	3 Months Ended
	Oct. 31, 2017
Schedule of Transactions With Related Parties	These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas’ behalf and are reported in the condensed consolidated statements of operations as follows: For the three months ended October 31, 2017 2016 Operating expense $ 57,351 $ 55,714 General and administrative expense $ 7,508 $ 8,583
Ferrellgas, L.P. [Member]
Schedule of Transactions With Related Parties	These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas, L.P.’s behalf and are reported in the condensed consolidated statements of operations as follows: For the three months ended October 31, 2017 2016 Operating expense $ 57,351 $ 55,714 General and administrative expense $ 7,508 $ 8,583

Net Earnings (Loss) Per Commo33

Net Earnings (Loss) Per Common Unitholders' Interest (Tables)	3 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Earnings Distribution Allocation	In periods with undistributed earnings above certain levels, the calculation according to the two-class method results in an increased allocation of undistributed earnings to the general partner and a dilution of the earnings to the limited partners as follows: Ratio of total distributions payable to: Quarterly distribution per common unit Common unitholder General partner $0.56 to $0.63 86.9 % 13.1 % $0.64 to $0.82 76.8 % 23.2 % $0.83 and above 51.5 % 48.5 %
Schedule of Earnings Per Share	Additionally, there are no dilutive securities in periods with net losses. For the three months ended October 31, 2017 2016 (in thousands, except per unitholders' interest amounts) Common unitholders’ interest in net loss $ (47,436 ) $ (42,642 ) Weighted average common units outstanding - basic and diluted 97,152.7 97,457.6 Basic and diluted net loss per common unitholders’ interest $ (0.49 ) $ (0.44 )

Segment Reporting Segment Rep34

Segment Reporting Segment Reporting (Tables)	3 Months Ended
	Oct. 31, 2017
Segment Reporting Information
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	Following is a reconciliation of Ferrellgas' total segment performance measure to condensed consolidated net earnings (loss): Three months ended October 31, 2017 2016 Net loss attributable to Ferrellgas Partners, L.P. $ (47,915 ) $ (43,073 ) Income tax expense (benefit) 377 (590 ) Interest expense 40,807 35,428 Depreciation and amortization expense 25,732 26,202 EBITDA 19,001 17,967 Non-cash employee stock ownership plan compensation charge 3,962 3,754 Non-cash stock-based compensation charge — 1,881 Loss on asset sales and disposal 895 6,423 Other income, net (511 ) (508 ) Severance costs 1,663 1,469 Unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments 1,607 (1,569 ) Net loss attributable to noncontrolling interest (401 ) (398 ) Adjusted EBITDA $ 26,216 $ 29,019
Reconciliation of Assets from Segment to Consolidated	Following are total assets by segment: Assets October 31, 2017 July 31, 2017 Propane operations and related equipment sales $ 1,292,686 $ 1,194,905 Midstream operations 397,653 399,356 Corporate and unallocated 14,615 15,708 Total consolidated assets $ 1,704,954 $ 1,609,969
Ferrellgas, L.P. [Member]
Segment Reporting Information
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	Following is a reconciliation of Ferrellgas, L.P.'s total segment performance measure to condensed consolidated net earnings (loss): Three months ended October 31, 2017 2016 Net loss $ (39,699 ) $ (39,440 ) Income tax expense (benefit) 371 (591 ) Interest expense 32,196 31,398 Depreciation and amortization expense 25,732 26,202 EBITDA 18,600 17,569 Non-cash employee stock ownership plan compensation charge 3,962 3,754 Non-cash stock-based compensation charge — 1,881 Loss on asset sales and disposal 895 6,423 Other income, net (511 ) (508 ) Severance costs 1,663 1,469 Unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments 1,607 (1,569 ) Adjusted EBITDA $ 26,216 $ 29,019
Reconciliation of Assets from Segment to Consolidated	Following are total assets by segment: Assets October 31, 2017 July 31, 2017 Propane operations and related equipment sales $ 1,292,686 $ 1,194,905 Midstream operations 397,653 399,356 Corporate and unallocated 14,600 15,687 Total consolidated assets $ 1,704,939 $ 1,609,948
Profit Measure [Member]
Segment Reporting Information
Schedule of Segment Reporting Information, by Segment	Following is a summary of segment information for the three months ended October 31, 2017 and 2016 : Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 333,895 $ 120,760 $ — $ 454,655 Direct costs (1) 303,329 113,901 11,209 428,439 Adjusted EBITDA $ 30,566 $ 6,859 $ (11,209 ) $ 26,216 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 271,498 $ 108,044 $ — $ 379,542 Direct costs (1) 237,014 102,773 10,736 350,523 Adjusted EBITDA $ 34,484 $ 5,271 $ (10,736 ) $ 29,019 (1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "cost of products sold-midstream operations", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock-based compensation charge", "change in fair value of contingent consideration", "severance charge", "litigation accrual and related legal fees associated with a class action lawsuit", "unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments" and "acquisition and transition expenses".
Profit Measure [Member] | Ferrellgas, L.P. [Member]
Segment Reporting Information
Schedule of Segment Reporting Information, by Segment	Following is a summary of segment information for the three months ended October 31, 2017 and 2016 : Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 333,895 $ 120,760 $ — $ 454,655 Direct costs (1) 303,329 113,901 11,209 428,439 Adjusted EBITDA $ 30,566 $ 6,859 $ (11,209 ) $ 26,216 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Segment revenues $ 271,498 $ 108,044 $ — $ 379,542 Direct costs (1) 237,014 102,773 10,736 350,523 Adjusted EBITDA $ 34,484 $ 5,271 $ (10,736 ) $ 29,019 (1) Direct costs are comprised of "cost of sales-propane and other gas liquids sales", "cost of products sold-midstream operations", "cost of products sold-other", "operating expense", "general and administrative expense", and "equipment lease expense" less "non-cash stock-based compensation charge", "change in fair value of contingent consideration", "severance charge", "litigation accrual and related legal fees associated with a class action lawsuit", "unrealized (non-cash) loss (gain) on changes in fair value of derivatives not designated as hedging instruments" and "acquisition and transition expenses".
Capital Expenditures [Member]
Segment Reporting Information
Schedule of Segment Reporting Information, by Segment	Following are capital expenditures by segment: Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 8,351 $ 3 $ 239 $ 8,593 Growth 9,688 664 — 10,352 Total $ 18,039 $ 667 $ 239 $ 18,945 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 1,831 $ 127 $ 1,306 $ 3,264 Growth 5,414 — — 5,414 Total $ 7,245 $ 127 $ 1,306 $ 8,678
Capital Expenditures [Member] | Ferrellgas, L.P. [Member]
Segment Reporting Information
Schedule of Segment Reporting Information, by Segment	Following are capital expenditures by segment: Three months ended October 31, 2017 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 8,351 $ 3 $ 239 $ 8,593 Growth 9,688 664 — 10,352 Total $ 18,039 $ 667 $ 239 $ 18,945 Three months ended October 31, 2016 Propane operations and related equipment sales Midstream operations Corporate Total Capital expenditures: Maintenance $ 1,831 $ 127 $ 1,306 $ 3,264 Growth 5,414 — — 5,414 Total $ 7,245 $ 127 $ 1,306 $ 8,678

Guarantor financial informati35

Guarantor financial information (Tables) - Ferrellgas, L.P. [Member]	3 Months Ended
	Oct. 31, 2017
Condensed Financial Statements, Captions [Line Items]
Condensed Consolidated Balance Sheets	FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands) As of October 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 $ 6,852 $ 1 $ 245 $ — $ — $ 7,098 Accounts and notes receivable (2,343 ) — 60,692 133,079 — 191,428 Intercompany receivables 40,190 — — — (40,190 ) — Inventories 90,812 — 21,526 — — 112,338 Prepaid expenses and other current assets 61,140 — 6,909 6 — 68,055 Total current assets 196,651 1 89,372 133,085 (40,190 ) 378,919 Property, plant and equipment, net 547,489 — 191,240 — — 738,729 Goodwill 246,098 — 10,005 — — 256,103 Intangible assets, net 131,322 — 119,307 — — 250,629 Intercompany receivables 450,000 — — — (450,000 ) — Investments in consolidated subsidiaries (48,341 ) — — — 48,341 — Other assets, net 39,918 — 40,136 505 — 80,559 Total assets $ 1,563,137 $ 1 $ 450,060 $ 133,590 $ (441,849 ) $ 1,704,939 LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) Current liabilities: Accounts payable $ 56,610 $ — $ 42,167 $ 421 $ — $ 99,198 Short-term borrowings 263,200 — — — — 263,200 Collateralized note payable — — — 88,000 — 88,000 Intercompany payables — — 42,952 (2,762 ) (40,190 ) — Other current liabilities 182,794 — 6,238 229 — 189,261 Total current liabilities 502,604 — 91,357 85,888 (40,190 ) 639,659 Long-term debt 1,464,344 — 450,085 — (450,000 ) 1,464,429 Other liabilities 30,137 — 4,662 — — 34,799 Contingencies and commitments Partners' capital (deficit): Partners' equity (467,212 ) 1 (96,044 ) 47,702 48,341 (467,212 ) Accumulated other comprehensive income 33,264 — — — — 33,264 Total partners' capital (deficit) (433,948 ) 1 (96,044 ) 47,702 48,341 (433,948 ) Total liabilities and partners' capital (deficit) $ 1,563,137 $ 1 $ 450,060 $ 133,590 $ (441,849 ) $ 1,704,939 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
Condensed Consolidated Statements of Earnings	FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in thousands) For the three months ended October 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 $ 302,117 $ — $ 641 $ — $ — $ 302,758 Midstream operations — — 120,760 — — 120,760 Other 16,677 — 14,460 — — 31,137 Total revenues 318,794 — 135,861 — — 454,655 Costs and expenses: Cost of sales - propane and other gas liquids sales 178,819 — 696 — — 179,515 Cost of sales - midstream operations — — 108,125 — — 108,125 Cost of sales - other 2,709 — 10,993 — — 13,702 Operating expense 101,232 — 9,263 1,182 (1,215 ) 110,462 Depreciation and amortization expense 18,347 — 7,313 72 — 25,732 General and administrative expense 10,755 2 2,407 — — 13,164 Equipment lease expense 6,648 — 93 — — 6,741 Non-cash employee stock ownership plan compensation charge 3,962 — — — — 3,962 Loss on asset sales and disposal 908 — (13 ) — — 895 Operating income (loss) (4,586 ) (2 ) (3,016 ) (1,254 ) 1,215 (7,643 ) Interest expense (20,394 ) — (11,185 ) (617 ) — (32,196 ) Other income (expense), net 215 — 296 1,215 (1,215 ) 511 Loss before income taxes (24,765 ) (2 ) (13,905 ) (656 ) — (39,328 ) Income tax (benefit) expense (10 ) — 381 — — 371 Equity in earnings (loss) of subsidiary (14,944 ) — — — 14,944 — Net earnings (loss) (39,699 ) (2 ) (14,286 ) (656 ) 14,944 (39,699 ) Other comprehensive loss 18,500 — — — — 18,500 Comprehensive income (loss) $ (21,199 ) $ (2 ) $ (14,286 ) $ (656 ) $ 14,944 $ (21,199 ) FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS (in thousands) For the three months ended October 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 $ 242,399 $ — $ — $ — $ — $ 242,399 Midstream operations — — 108,044 — — 108,044 Other 17,326 — 11,773 — — 29,099 Total revenues 259,725 — 119,817 — — 379,542 Costs and expenses: Cost of sales - propane and other gas liquids sales 119,212 — — — — 119,212 Cost of sales - midstream operations — — 94,642 — — 94,642 Cost of sales - other 2,430 — 9,316 — — 11,746 Operating expense 97,655 — 10,246 (2,105 ) (710 ) 105,086 Depreciation and amortization expense 18,277 — 7,872 53 — 26,202 General and administrative expense 12,863 2 1,404 — — 14,269 Equipment lease expense 7,210 — 139 — — 7,349 Non-cash employee stock ownership plan compensation charge 3,754 — — — — 3,754 Loss on asset sales and disposal 1,447 — 4,976 — — 6,423 Operating income (loss) (3,123 ) (2 ) (8,778 ) 2,052 710 (9,141 ) Interest expense (20,352 ) — (10,673 ) (370 ) (3 ) (31,398 ) Other income (expense), net (47 ) — 555 707 (707 ) 508 Earnings (loss) before income taxes (23,522 ) (2 ) (18,896 ) 2,389 — (40,031 ) Income tax benefit (29 ) — (562 ) — — (591 ) Equity in earnings (loss) of subsidiary (15,947 ) — — — 15,947 — Net earnings (loss) (39,440 ) (2 ) (18,334 ) 2,389 15,947 (39,440 ) Other comprehensive income 9,376 — — — — 9,376 Comprehensive income (loss) $ (30,064 ) $ (2 ) $ (18,334 ) $ 2,389 $ 15,947 $ (30,064 )
Condensed Consolidated Statements of Cash Flows	FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) For the three months ended October 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 $ 23,305 $ (2 ) $ (22,294 ) $ 25,981 $ (19,000 ) $ 7,990 Cash flows from investing activities: Business acquisitions, net of cash acquired (13,867 ) — — — — (13,867 ) Capital expenditures (19,429 ) — (725 ) — — (20,154 ) Proceeds from sale of assets 1,208 — — — — 1,208 Cash collected for purchase of interest in accounts receivable — — — 203,291 (203,291 ) — Cash remitted to Ferrellgas, L.P. for accounts receivable — — — (222,291 ) 222,291 — Net changes in advances with consolidated entities 3,088 — — — (3,088 ) — Net cash used in investing activities (29,000 ) — (725 ) (19,000 ) 15,912 (32,813 ) Cash flows from financing activities: Distributions (9,913 ) — — — — (9,913 ) Proceeds from issuance of long-term debt 23,580 — — — — 23,580 Payments on long-term debt (281 ) — — — — (281 ) Net reductions in short-term borrowings (5,879 ) — — — — (5,879 ) Net additions to collateralized short-term borrowings — — — 19,000 — 19,000 Net changes in advances with parent — 2 22,891 (25,981 ) 3,088 — Cash paid for financing costs (287 ) — — — — (287 ) Net cash provided by (used in) financing activities 7,220 2 22,891 (6,981 ) 3,088 26,220 Increase (decrease) in cash and cash equivalents 1,525 — (128 ) — — 1,397 Cash and cash equivalents - beginning of period 5,327 1 373 — — 5,701 Cash and cash equivalents - end of period $ 6,852 $ 1 $ 245 $ — $ — $ 7,098 FERRELLGAS, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands) For the three months ended October 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 $ 79,220 $ (2 ) $ (15,354 ) $ 687 $ (10,000 ) $ 54,551 Cash flows from investing activities: Capital expenditures (10,000 ) — (5 ) — — (10,005 ) Proceeds from sale of assets 2,279 — — — — 2,279 Cash collected for purchase of interest in accounts receivable — — — 183,939 (183,939 ) — Cash remitted to Ferrellgas, L.P. for accounts receivable — — — (193,939 ) 193,939 — Net changes in advances with consolidated entities (14,453 ) — — — 14,453 — Net cash provided by (used in) investing activities (22,174 ) — (5 ) (10,000 ) 24,453 (7,726 ) Cash flows from financing activities: Distributions (66,658 ) — — — — (66,658 ) Proceeds from issuance of long-term debt 25,626 — — — — 25,626 Payments on long-term debt (2,261 ) — — — — (2,261 ) Net reductions in short-term borrowings (4,467 ) — — — — (4,467 ) Net additions to collateralized short-term borrowings — — — 10,000 — 10,000 Net changes in advances with parent — 2 15,138 (687 ) (14,453 ) — Cash paid for financing costs (1,390 ) — — — — (1,390 ) Net cash provided by (used in) financing activities (49,150 ) 2 15,138 9,313 (14,453 ) (39,150 ) Increase (decrease) in cash and cash equivalents 7,896 — (221 ) — — 7,675 Cash and cash equivalents - beginning of period 4,472 1 417 — — 4,890 Cash and cash equivalents - end of period $ 12,368 $ 1 $ 196 $ — $ — $ 12,565

Partnership Organization And 36

Partnership Organization And Formation (Details)	3 Months Ended
	Oct. 31, 2017employeesubsidiaryshares	Jul. 31, 2017shares
Limited partner interest	99.00%
General partner ownership interest	1.00%
Number of entity subsidiaries | subsidiary	2
Equity interest in subsidiary	100.00%
Number of states in which entity operates	50
Corporation formation date	Apr. 19, 1994
Number of employees	0
Ferrellgas Partners Finance Corp. [Member]
Common stock shares outstanding | shares	1,000	1,000
Corporation formation date	Mar. 28, 1996
Number of employees	0
Ferrellgas, L.P. [Member]
Limited partner interest	99.00%
General partner ownership interest	1.00%
Equity interest in subsidiary	100.00%
Number of states in which entity operates	50
Number of employees	0
Ferrellgas Finance Corp. [Member]
Common stock shares outstanding | shares	1,000	1,000
Corporation formation date	Jan. 16, 2003
Number of employees	0
Ferrell Companies [Member]
Common stock shares outstanding | shares	22,800,000
Operating Partnership [Member]
General partner ownership interest	1.00%
Ferrellgas [Member]
General partner ownership interest	2.00%

Supplemental Financial Statem37

Supplemental Financial Statement Information (Narrative) (Details)	3 Months Ended
	Oct. 31, 2017gal
Maximum term of supply procurement contracts	36 months
Net procurement of fixed priced propane in gallons	119,300,000
Ferrellgas, L.P. [Member]
Maximum term of supply procurement contracts	36 months
Net procurement of fixed priced propane in gallons	119,300,000

Supplemental Financial Statem38

Supplemental Financial Statement Information (Schedule Of Inventories) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Propane gas and related products	$ 79,196	$ 67,049
Energy Related Inventory, Petroleum	7,921	724
Appliances, parts and supplies	25,221	24,779
Inventories	112,338	92,552
Ferrellgas, L.P. [Member]
Propane gas and related products	79,196	67,049
Energy Related Inventory, Petroleum	7,921	724
Appliances, parts and supplies	25,221	24,779
Inventories	$ 112,338	$ 92,552

Supplemental Financial Statem39

Supplemental Financial Statement Information Supplemental Financial Statement Information (Other Assets) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Accounts Receivable, Related Parties, Noncurrent	$ 30,000	$ 32,500
Other Assets	50,559	41,557
Other Assets, Noncurrent	80,559	74,057
Ferrellgas, L.P. [Member]
Accounts Receivable, Related Parties, Noncurrent	30,000	32,500
Other Assets	50,559	41,557
Other Assets, Noncurrent	$ 80,559	$ 74,057

Supplemental Financial Statem40

Supplemental Financial Statement Information (Other Current Liabilities) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Accrued interest	$ 51,109	$ 18,671
Customer deposits and advances	42,599	25,541
Other	107,171	82,012
Other current liabilities	200,879	126,224
Ferrellgas, L.P. [Member]
Accrued interest	39,477	14,737
Customer deposits and advances	42,599	25,541
Other	107,185	81,738
Other current liabilities	$ 189,261	$ 122,016

Supplemental Financial Statem41

Supplemental Financial Statement Information (Shipping And Handling Expenses) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	$ 50,495	$ 49,502
Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	50,495	49,502
Operating Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	43,314	41,810
Operating Expense [Member] | Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	43,314	41,810
Depreciation And Amortization Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	1,112	1,026
Depreciation And Amortization Expense [Member] | Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	1,112	1,026
Equipment Lease Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	6,069	6,666
Equipment Lease Expense [Member] | Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	$ 6,069	$ 6,666

Supplemental Financial Statem42

Supplemental Financial Statement Information Supplemental financial statement information (Significant Cash and Non-Cash Activities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Interest Paid	$ 6,129	$ 5,631
Income Taxes Paid	6	1
Noncash Investing and Financing Items [Abstract]
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed	1,232	0
Property, Plant and Equipment, Additions	140	(189)
Ferrellgas, L.P. [Member]
Interest Paid	6,129	5,630
Noncash Investing and Financing Items [Abstract]
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed	1,232	0
Property, Plant and Equipment, Additions	$ 140	$ (189)

Accounts And Notes Receivable43

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Jul. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
current leverage ratio	757.00%
current consolidated interest coverage ratio	193.00%
Debt Instrument, Covenant Compliance	40.6	67.5
Debt Instrument, Covenant Description	5.2
Accounts receivable pledged as collateral	$ 137,244,000	$ 109,407,000
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
current leverage ratio	757.00%
current consolidated interest coverage ratio	193.00%
Debt Instrument, Covenant Compliance	40.6	67.5
Debt Instrument, Covenant Description	5.2
Accounts receivable pledged as collateral	$ 137,244,000	$ 109,407,000
Accounts Receivable Securitization [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	137,200,000	109,400,000
Collateralized notes payable	88,000,000	$ 69,000,000
Proceeds from accounts receivable securitization	88,000,000		$ 69,000,000
Available proceeds from additional trade accounts receivable	$ 0		0
Weighted average interest rate on borrowings under accounts receivable securitization	3.70%	4.00%
Accounts Receivable Securitization [Member] | Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	$ 137,200,000	$ 109,400,000
Collateralized notes payable	88,000,000	$ 69,000,000
Proceeds from accounts receivable securitization	88,000,000		69,000,000
Available proceeds from additional trade accounts receivable	$ 0		$ 0
Weighted average interest rate on borrowings under accounts receivable securitization	3.70%	4.00%
Interest Coverage Covenant [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt Instrument, Covenant Compliance	12.1
Debt Instrument, Covenant Description	21.1
Interest Coverage Covenant [Member] | Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt Instrument, Covenant Compliance	12.1
Debt Instrument, Covenant Description	21.1

Accounts And Notes Receivable44

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Accounts And Notes Receivable) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Accounts receivable pledged as collateral	$ 137,244	$ 109,407
Accounts receivable	46,318	47,346
Notes Receivable, Related Parties, Current	10,000	10,000
Other	294	307
Less: Allowance for doubtful accounts	(2,428)	(1,976)
Accounts and notes receivable, net	191,428	165,084
Ferrellgas, L.P. [Member]
Accounts receivable pledged as collateral	137,244	109,407
Accounts receivable	46,318	47,346
Notes Receivable, Related Parties, Current	10,000	10,000
Other	294	307
Less: Allowance for doubtful accounts	(2,428)	(1,976)
Accounts and notes receivable, net	$ 191,428	$ 165,084

Accounts And Notes Receivable45

Accounts And Notes Receivable, Net And Accounts Receivable Securitization Accounts And Notes Receivcable, Net And Accounts Receivable Securitization (Maximum Leverage Ratio) (Details)	3 Months Ended
	Jul. 31, 2018	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017
required total leverage ratio	550.00%
Maximum [Member]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%
Ferrellgas, L.P. [Member]
required total leverage ratio				550.00%
Ferrellgas, L.P. [Member] | Maximum [Member]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%

Accounts And Notes Receivable46

Accounts And Notes Receivable, Net And Accounts Receivable Securitization Accounts And Notes Receiable, Net And Accounts Receivable Securitization (Consolidated Interest Coverage Ratio) (Details) - Maximum [Member]	Jul. 31, 2018	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
required consolidated interest coverage ratio	250.00%	175.00%	175.00%	175.00%
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
required consolidated interest coverage ratio	250.00%	175.00%	175.00%	175.00%

Debt (Short-Term Borrowings Nar

Debt (Short-Term Borrowings Narrative) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Short-term borrowings	$ 263,200	$ 59,781
Ferrellgas, L.P. [Member]
Short-term borrowings	$ 263,200	$ 59,781

Debt Debt (Components of Long-T

Debt Debt (Components of Long-Term Debt) (Details)	3 Months Ended
	Oct. 31, 2017USD ($)
Fixed Rate, 8.625%, Due 2020 [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.625%
Debt maturity year	2,020
Fixed Rate, 8.625%, Due 2020 [Member] | Ferrellgas, L.P. [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.625%
Debt maturity year	2,020
Maximum [Member] | Fixed Rate, 8.625%, Due 2020 [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt Instrument, Face Amount	$ 357,000,000
Maximum [Member] | Fixed Rate, 8.625%, Due 2020 [Member] | Ferrellgas, L.P. [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt Instrument, Face Amount	$ 357,000,000

Debt Debt (Maximum Leverage Rat

Debt Debt (Maximum Leverage Ratio Schedule) (Details)	3 Months Ended
	Jul. 31, 2018	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017
Debt Instrument [Line Items]
required total leverage ratio	550.00%
Maximum [Member]
Debt Instrument [Line Items]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
required total leverage ratio				550.00%
Ferrellgas, L.P. [Member] | Maximum [Member]
Debt Instrument [Line Items]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%

Debt (Secured Credit Facility N

Debt (Secured Credit Facility Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended					12 Months Ended
	Jul. 31, 2018	Apr. 30, 2018	Jan. 31, 2018	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017	Jul. 31, 2016
Debt Instrument [Line Items]
Debt Instrument, Covenant Description				5.2
Distribution Made to Limited Partner, Distributions Declared, Per Unit				$ 0.10	$ 0.40		$ 2.05
required total leverage ratio	550.00%
Line of Credit Facility, Covenant Compliance				9.8		10
current leverage ratio				757.00%
Debt Instrument, Covenant Compliance				40.6		67.5
Available borrowing capacity				$ 139.8		$ 190.3
Letters of credit outstanding				$ 172		$ 139.2
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description				5.2
Distribution Made to Limited Partner, Distributions Declared, Per Unit				$ 0.40	$ 2.05
required total leverage ratio				550.00%
Line of Credit Facility, Covenant Compliance				9.8		10
current leverage ratio				757.00%
Debt Instrument, Covenant Compliance				40.6		67.5
Available borrowing capacity				$ 139.8		$ 190.3
Letters of credit outstanding				172		139.2
Secured Credit Facility [Member]
Debt Instrument [Line Items]
Total credit faciltiy borrowings outstanding				$ 263.2		245.5
Other Long-term Debt, Noncurrent						$ 185.7
Weighted average interest rate on credit facility borrowings				5.90%		6.00%
Line of Credit Facility, Maximum Borrowing Capacity				$ 575		$ 700
Secured Credit Facility [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Total credit faciltiy borrowings outstanding				$ 263.2		245.5
Other Long-term Debt, Noncurrent						$ 185.7
Weighted average interest rate on credit facility borrowings				5.90%		6.00%
Line of Credit Facility, Maximum Borrowing Capacity				$ 575		$ 700
Letter Of Credit [Member]
Debt Instrument [Line Items]
Available borrowing capacity				28		60.8
Letter Of Credit [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Available borrowing capacity				$ 28		$ 60.8
Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.035
loan pricing leverage ratio covenant				600.00%
Line of Credit Facility, Covenant Terms				50
Minimum [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.035
loan pricing leverage ratio covenant				600.00%
Line of Credit Facility, Covenant Terms				50
Maximum [Member]
Debt Instrument [Line Items]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%
Debt Instrument, Interest Rate Terms				0.04
loan pricing leverage ratio covenant				700.00%
Line of Credit Facility, Covenant Terms				200
Maximum [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
required total leverage ratio	550.00%	775.00%	775.00%	775.00%
Debt Instrument, Interest Rate Terms				0.04
loan pricing leverage ratio covenant				700.00%
Line of Credit Facility, Covenant Terms				200
Credit Facility [Domain] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.035
Credit Facility [Domain] | Minimum [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.035
Credit Facility [Domain] | Maximum [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.0375
Credit Facility [Domain] | Maximum [Member] | Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms				0.0375

Debt Debt (Fixed Charge Coverag

Debt Debt (Fixed Charge Coverage Ratio) (Details) - $ / shares	3 Months Ended		12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017	Jul. 31, 2016
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.10	$ 0.40		$ 2.05
Debt Instrument, Covenant Description	5.2
Required fixed charge coverage ratio	175.00%
Current fixed charge coverage ratio	144.00%
Debt Instrument, Covenant Compliance	40.6		67.5
Ferrellgas, L.P. [Member]
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.40	$ 2.05
Debt Instrument, Covenant Description	5.2
Debt Instrument, Covenant Compliance	40.6		67.5
Subsequent Event [Member]
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.10
Interest Coverage Covenant [Member]
Debt Instrument, Covenant Description	21.1
Debt Instrument, Covenant Compliance	12.1
Interest Coverage Covenant [Member] | Ferrellgas, L.P. [Member]
Debt Instrument, Covenant Description	21.1
Debt Instrument, Covenant Compliance	12.1
Fixed Charge Coverage Covenant [Member]
Debt Instrument, Covenant Description	30.4
Debt Instrument, Restrictive Covenants	50
Debt Instrument, Covenant Compliance	9.8

Debt Debt (Consolidated Inter52

Debt Debt (Consolidated Interest Coverage Ratio) (Details)	3 Months Ended	12 Months Ended
	Oct. 31, 2017	Jul. 31, 2017	Jul. 31, 2018	Apr. 30, 2018	Jan. 31, 2018
Debt Instrument, Covenant Description	5.2
current consolidated interest coverage ratio	193.00%
Debt Instrument, Covenant Compliance	40.6	67.5
Maximum [Member]
required consolidated interest coverage ratio	175.00%		250.00%	175.00%	175.00%
Ferrellgas, L.P. [Member]
Debt Instrument, Covenant Description	5.2
current consolidated interest coverage ratio	193.00%
Debt Instrument, Covenant Compliance	40.6	67.5
Ferrellgas, L.P. [Member] | Maximum [Member]
required consolidated interest coverage ratio	175.00%		250.00%	175.00%	175.00%
Interest Coverage Covenant [Member]
Debt Instrument, Covenant Description	21.1
Debt Instrument, Covenant Compliance	12.1
Interest Coverage Covenant [Member] | Ferrellgas, L.P. [Member]
Debt Instrument, Covenant Description	21.1
Debt Instrument, Covenant Compliance	12.1

Partners' Capital (Narrative) (

Partners' Capital (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 16, 2017	Mar. 17, 2017	Feb. 23, 2017	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Jul. 31, 2017
Capital Unit [Line Items]
Limited Partners' Capital Account, Units Outstanding				97,152,665			97,152,665
Cash distributions declared per common unit				$ 0.10	$ 0.40	$ 2.05
General partner ownership interest				1.00%
Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Cash distributions declared per common unit				$ 0.40	$ 2.05
General partner ownership interest				1.00%
JEF Capital Management [Member]
Capital Unit [Line Items]
Limited Partners' Capital Account, Units Outstanding				4,758,859
Ferrell Resources Holdings, Inc. [Member]
Capital Unit [Line Items]
Limited Partners' Capital Account, Units Outstanding				4,616
FCI Trading Corp. [Member]
Capital Unit [Line Items]
Limited Partners' Capital Account, Units Outstanding				195,686			195,686
General Partner [Member]
Capital Unit [Line Items]
General partner ownership interest				2.00%
Non-cash contributions				$ 100	$ 100
General Partner [Member] | Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
General partner ownership interest				1.0101%
Non-cash contributions				$ 100	$ 100
Ferrell Propane, Inc [Member]
Capital Unit [Line Items]
Limited Partners' Capital Account, Units Outstanding				51,204			51,204
Ferrell Companies Beneficial Ownership [Member]
Capital Unit [Line Items]
Limited partner ownership interest				23.40%
Ferrell Companies [Member]
Capital Unit [Line Items]
Limited partner ownership interest				23.00%
Subsequent Event [Member]
Capital Unit [Line Items]
Cash distribution declaration date	Nov. 16, 2017
Cash distributions declared per common unit				$ 0.10
Cash distributions payment date		Dec. 15, 2017
Subsequent Event [Member] | Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Cash distribution declaration date			Nov. 16, 2017
Cash distributions payment date		Dec. 15, 2017
Subsequent Event [Member] | FCI Trading Corp. [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 20
Subsequent Event [Member] | Ferrellgas Partners [Member] | Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared			$ 25,200
Subsequent Event [Member] | General Partner [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	98
Subsequent Event [Member] | General Partner [Member] | Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared			$ 300
Subsequent Event [Member] | Ferrell Propane, Inc [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	5
Subsequent Event [Member] | Ferrell Companies [Member]
Capital Unit [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 2,253

Partners' Capital (Distribution

Partners' Capital (Distributions Paid) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	$ 9,813	$ 50,294
Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	9,913	66,658
Public Common Unitholders [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	6,961	35,678
Ferrell Companies [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	2,253	11,546
FCI Trading Corp. [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	20	100
Ferrell Propane, Inc [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	5	26
James E. Ferrell [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	476	2,441
Ferrellgas Partners [Member] | Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	9,813	66,145
General Partner [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	98	503
General Partner [Member] | Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distribution Made to Limited Partner, Cash Distributions Paid	$ 100	$ 513

Partners' Capital (Distributi55

Partners' Capital (Distributions Expected To Be Paid To Related Parties) (Details) - Subsequent Event [Member] $ in Thousands	Nov. 16, 2017USD ($)
Ferrell Companies [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 2,253
FCI Trading Corp. [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	20
Ferrell Propane, Inc [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	5
James E. Ferrell [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	476
General Partner [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 98

Partners' Capital (Deficit) Par

Partners' Capital (Deficit) Partners' Capital (Limited Partner Units) (Details) - shares	Oct. 31, 2017	Jul. 31, 2017
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	97,152,665	97,152,665
Public Common Unitholders [Member]
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	69,612,939	69,612,939
FCI Trading Corp. [Member]
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	195,686	195,686
Subsidiary of Common Parent [Member]
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	22,529,361	22,529,361
Ferrell Propane, Inc [Member]
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	51,204	51,204
James E. Ferrell [Member]
Related Party Transaction [Line Items]
Limited Partners' Capital Account, Units Outstanding	4,763,475	4,763,475

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Oct. 31, 2017	Jul. 31, 2017
Notes Receivable, Fair Value Disclosure	$ 36.4
Increase (Decrease) in Notes Receivables	3.8
Long-term Debt, Fair Value	1,704.4	$ 1,966.6
Ferrellgas, L.P. [Member]
Notes Receivable, Fair Value Disclosure	36.4
Increase (Decrease) in Notes Receivables	3.8
Long-term Debt, Fair Value	$ 1,386.6	$ 1,645.3

Fair Value Measurements (Assets

Fair Value Measurements (Assets And Liabilities Fair Value Hierarchy) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Interest rate swap assets	$ 298	$ 583
Propane commodity derivative assets	35,000	16,212
Interest rate swap liabilities	(984)	(707)
Propane commodity derivative liabilities	(3,464)	(1,258)
Ferrellgas, L.P. [Member]
Interest rate swap assets	298	583
Propane commodity derivative assets	35,000	16,212
Interest rate swap liabilities	(984)	(707)
Propane commodity derivative liabilities	(3,464)	(1,258)
Fair Value, Inputs, Level 1 [Member]
Interest rate swap assets	0	0
Propane commodity derivative assets	0	0
Interest rate swap liabilities	0	0
Propane commodity derivative liabilities	0	0
Fair Value, Inputs, Level 1 [Member] | Ferrellgas, L.P. [Member]
Interest rate swap assets	0	0
Propane commodity derivative assets	0	0
Interest rate swap liabilities	0	0
Propane commodity derivative liabilities	0	0
Fair Value, Inputs, Level 2 [Member]
Interest rate swap assets	298	583
Propane commodity derivative assets	35,000	16,212
Interest rate swap liabilities	(984)	(707)
Propane commodity derivative liabilities	(3,464)	(1,258)
Fair Value, Inputs, Level 2 [Member] | Ferrellgas, L.P. [Member]
Interest rate swap assets	298	583
Propane commodity derivative assets	35,000	16,212
Interest rate swap liabilities	(984)	(707)
Propane commodity derivative liabilities	(3,464)	(1,258)
Fair Value, Inputs, Level 3 [Member]
Interest rate swap assets	0	0
Propane commodity derivative assets	0	0
Interest rate swap liabilities	0	0
Propane commodity derivative liabilities	0	0
Fair Value, Inputs, Level 3 [Member] | Ferrellgas, L.P. [Member]
Interest rate swap assets	0	0
Propane commodity derivative assets	0	0
Interest rate swap liabilities	0	0
Propane commodity derivative liabilities	$ 0	$ 0

Derivative Instruments and He59

Derivative Instruments and Hedging Activities (Narrative) (Details) MMBbls in Millions	3 Months Ended
	Oct. 31, 2017USD ($)MMBbls	Oct. 31, 2016USD ($)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ 0	$ 0
Reclassification of net gain to earnings during next 12 months	$ 24,700,000
Description of Reclassification of Cash Flow Hedge Gain (Loss)	0
Number of barrels of propane covered by cash flow hedges | MMBbls	3.2
Derivative amount of credit risk	$ 33,300,000
Derivative net liability position aggregate fair value	0
Gain or loss in earnings related to hedge ineffectiveness	0	0
Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges	0	0
Ferrellgas, L.P. [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Reclassification of net gain to earnings during next 12 months	$ 24,700,000
Description of Reclassification of Cash Flow Hedge Gain (Loss)	0
Number of barrels of propane covered by cash flow hedges | MMBbls	3.2
Derivative amount of credit risk	$ 33,300,000
Derivative net liability position aggregate fair value	0
Gain or loss in earnings related to hedge ineffectiveness	0	0
Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges	$ 0	0
Crude Oil [Member]
Number of barrels of propane covered by cash flow hedges | MMBbls	0.3
Crude Oil [Member] | Ferrellgas, L.P. [Member]
Number of barrels of propane covered by cash flow hedges | MMBbls	0.3
Propane commodity derivatives [Member] | Interest Expense [Member] | Ferrellgas, L.P. [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ 0	0
Interest Rate Swap [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ 0	$ 0

Derivative Instruments and He60

Derivative Instruments and Hedging Activities (Fair Value of Financial Derivatives Balance Sheet Locations) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	$ 35,000	$ 16,212
Interest rate swap assets	298	583
Derivative assets, fair value	35,298	16,795
Propane commodity derivative liabilities	3,464	1,258
Interest rate swap liabilities	984	707
Derivative liabilities, fair value	4,448	1,965
Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	35,000	16,212
Interest rate swap assets	298	583
Derivative assets, fair value	35,298	16,795
Propane commodity derivative liabilities	3,464	1,258
Interest rate swap liabilities	984	707
Derivative liabilities, fair value	4,448	1,965
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	25,938	11,061
Interest rate swap assets	298	583
Prepaid Expenses and Other Current Assets [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	25,938	11,061
Interest rate swap assets	298	583
Other assets, net [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	8,789	4,413
Interest rate swap assets	0	0
Other assets, net [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	8,789	4,413
Interest rate swap assets	0	0
Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	1,209	415
Interest rate swap liabilities	284	595
Other Current Liabilities [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	1,209	415
Interest rate swap liabilities	284	595
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	284	15
Interest rate swap liabilities	700	112
Other Liabilities [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	284	15
Interest rate swap liabilities	700	112
Midstream - Crude Oil Logistics [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	273	738
Midstream - Crude Oil Logistics [Member] | Prepaid Expenses and Other Current Assets [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	273	738
Midstream - Crude Oil Logistics [Member] | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	1,971	828
Midstream - Crude Oil Logistics [Member] | Other Current Liabilities [Member] | Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	$ 1,971	$ 828

Derivative Instruments and He61

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Schedule of Derivative Collateral) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Derivative Asset, Fair Value of Collateral	$ 5,184	$ 3,409
Derivative Liability, Fair Value of Collateral	25,641	10,802
Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	5,184	3,409
Derivative Liability, Fair Value of Collateral	25,641	10,802
Other assets, net [Member]
Derivative Asset, Fair Value of Collateral	1,461	1,631
Other assets, net [Member] | Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	1,461	1,631
Prepaid Expenses and Other Current Assets [Member]
Derivative Asset, Fair Value of Collateral	3,723	1,778
Prepaid Expenses and Other Current Assets [Member] | Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	3,723	1,778
Other Current Liabilities [Member]
Derivative Liability, Fair Value of Collateral	19,696	7,729
Other Current Liabilities [Member] | Ferrellgas, L.P. [Member]
Derivative Liability, Fair Value of Collateral	19,696	7,729
Other Liabilities [Member]
Derivative Liability, Fair Value of Collateral	5,945	3,073
Other Liabilities [Member] | Ferrellgas, L.P. [Member]
Derivative Liability, Fair Value of Collateral	$ 5,945	$ 3,073

Derivative Instruments and He62

Derivative Instruments and Hedging Activities (Fair Value Hedge Derivative Effect on Earnings) (Details) - Interest Rate Swap [Member] - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Derivative, Gain (Loss) on Derivative, Net	$ 138	$ 420
Interest expense recognized on fixed-rate debt	(2,275)	(2,275)
Ferrellgas, L.P. [Member]
Derivative, Gain (Loss) on Derivative, Net	138	420
Interest expense recognized on fixed-rate debt	$ (2,275)	$ (2,275)

Derivative Instruments and He63

Derivative Instruments and Hedging Activities (Cash Flow Hedge Derivative Effect on Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Amount of gain (loss) recognized in AOCI	$ 22,449	$ 5,138
Amount of gain (loss) reclassified from AOCI into income	3,949	(4,238)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	22,449	5,138
Amount of gain (loss) reclassified from AOCI into income	3,949	(4,238)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Propane commodity derivatives [Member]
Amount of gain (loss) recognized in AOCI	22,323	4,873
Amount of gain (loss) reclassified from AOCI into income	4,132	(3,596)
Propane commodity derivatives [Member] | Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	22,323	4,873
Amount of gain (loss) reclassified from AOCI into income	4,132	(3,596)
Interest Rate Swap [Member]
Amount of gain (loss) recognized in AOCI	126	265
Interest Rate Swap [Member] | Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	126	265
Cost of Product Sold [Member] | Propane commodity derivatives [Member]
Amount of gain (loss) reclassified from AOCI into income	4,132	(3,596)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Cost of Product Sold [Member] | Propane commodity derivatives [Member] | Ferrellgas, L.P. [Member]
Amount of gain (loss) reclassified from AOCI into income	4,132	(3,596)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Interest Expense [Member] | Propane commodity derivatives [Member] | Ferrellgas, L.P. [Member]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Interest Expense [Member] | Interest Rate Swap [Member]
Amount of gain (loss) reclassified from AOCI into income	(183)	(642)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0
Interest Expense [Member] | Interest Rate Swap [Member] | Ferrellgas, L.P. [Member]
Amount of gain (loss) reclassified from AOCI into income	$ (183)	$ (642)

Derivative Instruments and He64

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Derivatives Not Designated as Hedging Effect on Earnings) (Details) - Operating Expense [Member] - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Propane and related equipment sales [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net		$ 1,027
Propane and related equipment sales [Member] | Ferrellgas, L.P. [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net		1,027
Midstream - Crude Oil Logistics [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (1,390)	(1,241)
Midstream - Crude Oil Logistics [Member] | Ferrellgas, L.P. [Member]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (1,390)	$ (1,241)

Derivative Instruments and He65

Derivative Instruments and Hedging Activities (Changes in Derivative Value Effect on Other Comprehensive Income Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017	Jul. 31, 2016
Beginning balance	$ 32,915		$ 14,601
Change in value of risk management derivatives	22,449	$ 5,138
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales	(3,949)	4,238
Ending balance	32,915
Ferrellgas, L.P. [Member]
Beginning balance	33,264		14,764
Change in value of risk management derivatives	22,449	5,138
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales	(3,949)	4,238
Ending balance	33,264
Propane commodity derivatives [Member]
Change in value of risk management derivatives	22,323	4,873
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales	(4,132)	3,596
Propane commodity derivatives [Member] | Ferrellgas, L.P. [Member]
Change in value of risk management derivatives	22,323	4,873
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales	(4,132)	3,596
Interest Rate Swap [Member]
Change in value of risk management derivatives	126	265
Derivative, Net Hedge Ineffectiveness Gain (Loss)	183	642
Interest Rate Swap [Member] | Ferrellgas, L.P. [Member]
Change in value of risk management derivatives	126	265
Derivative, Net Hedge Ineffectiveness Gain (Loss)	183	642
Derivative [Member]
Beginning balance	33,148	(439)	14,648	$ (9,815)
Ending balance	33,148	(439)
Derivative [Member] | Ferrellgas, L.P. [Member]
Beginning balance	33,148	(439)	$ 14,648	$ (9,815)
Ending balance	$ 33,148	$ (439)

Transactions With Related Par66

Transactions With Related Parties (Narrative) (Details)	Oct. 31, 2017employee
Number of employees	0
Ferrellgas, L.P. [Member]
Number of employees	0

Transactions With Related Par67

Transactions With Related Parties (Schedule Of Transactions With Related Parties) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Related Party Transaction [Line Items]
General and administrative expense	$ 13,164	$ 14,269
Ferrellgas, L.P. [Member]
Related Party Transaction [Line Items]
General and administrative expense	13,164	14,269
Compensation And Benefits [Member]
Related Party Transaction [Line Items]
Operating expense	57,351	55,714
General and administrative expense	7,508	8,583
Compensation And Benefits [Member] | Ferrellgas, L.P. [Member]
Related Party Transaction [Line Items]
Operating expense	57,351	55,714
General and administrative expense	$ 7,508	$ 8,583

Contingencies And Commitments (

Contingencies And Commitments (Narrative) (Details) - $ / shares	3 Months Ended		12 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Jul. 31, 2017	Jul. 31, 2016
Required fixed charge coverage ratio	175.00%
Current fixed charge coverage ratio	144.00%
Debt Instrument, Covenant Compliance	40.6		67.5
Debt Instrument, Covenant Description	5.2
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.10	$ 0.40		$ 2.05
Ferrellgas Partners Finance Corp. [Member]
Required fixed charge coverage ratio	175.00%
Debt Instrument, Restrictive Covenants	50
Current fixed charge coverage ratio	144.00%
Debt Instrument, Covenant Compliance	9.8
Debt Instrument, Covenant Description	30.4
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.10
Ferrellgas, L.P. [Member]
Debt Instrument, Covenant Compliance	40.6		67.5
Debt Instrument, Covenant Description	5.2
Distribution Made to Limited Partner, Distributions Declared, Per Unit	$ 0.40	$ 2.05

Net Earnings Per Common Unithol

Net Earnings Per Common Unitholders' Interest Net Earnings (Loss) Per Common Unitholders' Interest (Narrative) (Details) - USD ($)	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Earnings Per Share [Abstract]
Dilutive effect on earnings per share	$ 0	$ 0

Net Earnings Per Common Unith70

Net Earnings Per Common Unitholders' Interest Net Earnings (Loss) Per Common Unitholders' Interest (Earnings Distribution Allocation) (Details)	3 Months Ended
	Oct. 31, 2017$ / shares
Upper Range [Member] | Minimum [Member]
Earnings Per Share, Basic, Distributed	$ 0.83
Upper Range [Member] | Common Stock [Member]
Allocated Distribution	51.50%
Upper Range [Member] | General Partner [Member]
Allocated Distribution	48.50%
Middle Range [Member] | Minimum [Member]
Earnings Per Share, Basic, Distributed	$ 0.64
Middle Range [Member] | Maximum [Member]
Earnings Per Share, Basic, Distributed	$ 0.82
Middle Range [Member] | Common Stock [Member]
Allocated Distribution	76.80%
Middle Range [Member] | General Partner [Member]
Allocated Distribution	23.20%
Lower Range [Member] | Minimum [Member]
Earnings Per Share, Basic, Distributed	$ 0.56
Lower Range [Member] | Maximum [Member]
Earnings Per Share, Basic, Distributed	$ 0.63
Lower Range [Member] | Common Stock [Member]
Allocated Distribution	86.90%
Lower Range [Member] | General Partner [Member]
Allocated Distribution	13.10%

Net Earnings (Loss) Per Commo71

Net Earnings (Loss) Per Common Unitholders' Interest (Schedule of Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Common unitholders' interest in net earnings	$ (47,436)	$ (42,642)
Weighted average common units outstanding - diluted	97,152,700	97,457,600
Basic and diluted net earnings per common unitholders' interest	$ (0.49)	$ (0.44)

Segment Reporting Segment Rep72

Segment Reporting Segment Reporting (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting Information
Revenues	$ 454,655	$ 379,542
Costs and Expenses	428,439	350,523
Adjusted EBITDA	26,216	29,019
Propane and related equipment sales [Member]
Segment Reporting Information
Revenues	333,895	271,498
Costs and Expenses	303,329	237,014
Adjusted EBITDA	30,566	34,484
Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Revenues	120,760	108,044
Costs and Expenses	113,901	102,773
Adjusted EBITDA	6,859	5,271
Corporate and Other [Member]
Segment Reporting Information
Revenues	0	0
Costs and Expenses	11,209	10,736
Adjusted EBITDA	(11,209)	(10,736)
Ferrellgas, L.P. [Member]
Segment Reporting Information
Revenues	454,655	379,542
Costs and Expenses	428,439	350,523
Adjusted EBITDA	26,216	29,019
Ferrellgas, L.P. [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Revenues	333,895	271,498
Costs and Expenses	303,329	237,014
Adjusted EBITDA	30,566	34,484
Ferrellgas, L.P. [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Revenues	120,760	108,044
Costs and Expenses	113,901	102,773
Adjusted EBITDA	6,859	5,271
Ferrellgas, L.P. [Member] | Corporate and Other [Member]
Segment Reporting Information
Revenues	0	0
Costs and Expenses	11,209	10,736
Adjusted EBITDA	$ (11,209)	$ (10,736)

Segment Reporting Segment Rep73

Segment Reporting Segment Reporting (Reconciliation of Consolidated EBITDA to Consolidated Net Earnings) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net Income (Loss) Attributable to Parent	$ (47,915)	$ (43,073)
Income tax benefit	377	(590)
Interest Expense	40,807	35,428
Depreciation and amortization expense	25,732	26,202
EBITDA	19,001	17,967
Employee Stock Ownership Plan (ESOP), Compensation Expense	3,962	3,754
Non-cash stock-based compensation charge	0	1,881
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	895	6,423
Other Nonoperating Income (Expense)	(511)	(508)
Severance Costs	1,663	1,469
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized	1,607	(1,569)
Net earnings (loss)	(48,316)	(43,471)
Adjusted EBITDA	26,216	29,019
Midstream - Crude Oil Logistics [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Adjusted EBITDA	6,859	5,271
Noncontrolling Interest [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings (loss)	(401)	(398)
Ferrellgas, L.P. [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net Income (Loss) Attributable to Parent	(39,699)	(39,440)
Income tax benefit	371	(591)
Interest Expense	32,196	31,398
Depreciation and amortization expense	25,732	26,202
EBITDA	18,600	17,569
Employee Stock Ownership Plan (ESOP), Compensation Expense	3,962	3,754
Non-cash stock-based compensation charge	0	1,881
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	895	6,423
Other Nonoperating Income (Expense)	(511)	(508)
Severance Costs	1,663	1,469
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized	1,607	(1,569)
Net earnings (loss)	(39,699)	(39,440)
Adjusted EBITDA	26,216	29,019
Ferrellgas, L.P. [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Adjusted EBITDA	6,859	$ 5,271
General Partner [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings (loss)	(479)
General Partner [Member] | Ferrellgas, L.P. [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings (loss)	$ (401)

Segment Reporting Segment Rep74

Segment Reporting Segment Reporting (Reconciliation of Assets from Segment to Consolidated) (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 1,704,954	$ 1,609,969
Propane and related equipment sales [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,292,686	1,194,905
Midstream - Crude Oil Logistics [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	397,653	399,356
Corporate and Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	14,615	15,708
Ferrellgas, L.P. [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,704,939	1,609,948
Ferrellgas, L.P. [Member] | Propane and related equipment sales [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,292,686	1,194,905
Ferrellgas, L.P. [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	397,653	399,356
Ferrellgas, L.P. [Member] | Corporate and Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 14,600	$ 15,687

Segment Reporting Segment Rep75

Segment Reporting Segment Reporting (Schedule of Capital Expenditure Information, by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting Information
Capital Expenditures	$ 18,945	$ 8,678
Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	18,039	7,245
Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	667	127
Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	239	1,306
Maintenance Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	8,593	3,264
Maintenance Capital Expenditures [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	8,351	1,831
Maintenance Capital Expenditures [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	3	127
Maintenance Capital Expenditures [Member] | Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	239	1,306
Growth Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	10,352	5,414
Growth Capital Expenditures [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	9,688	5,414
Growth Capital Expenditures [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	664	0
Growth Capital Expenditures [Member] | Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	0	0
Ferrellgas, L.P. [Member]
Segment Reporting Information
Capital Expenditures	18,945	8,678
Ferrellgas, L.P. [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	18,039	7,245
Ferrellgas, L.P. [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	667	127
Ferrellgas, L.P. [Member] | Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	239	1,306
Ferrellgas, L.P. [Member] | Maintenance Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	8,593	3,264
Ferrellgas, L.P. [Member] | Maintenance Capital Expenditures [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	8,351	1,831
Ferrellgas, L.P. [Member] | Maintenance Capital Expenditures [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	3	127
Ferrellgas, L.P. [Member] | Maintenance Capital Expenditures [Member] | Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	239	1,306
Ferrellgas, L.P. [Member] | Growth Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	10,352	5,414
Ferrellgas, L.P. [Member] | Growth Capital Expenditures [Member] | Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	9,688	5,414
Ferrellgas, L.P. [Member] | Growth Capital Expenditures [Member] | Midstream - Crude Oil Logistics [Member]
Segment Reporting Information
Capital Expenditures	664	0
Ferrellgas, L.P. [Member] | Growth Capital Expenditures [Member] | Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	$ 0	$ 0

Guarantor financial informati76

Guarantor financial information - Narrative (Details) - Ferrellgas, L.P. [Member] $ in Millions	3 Months Ended
	Oct. 31, 2017USD ($)
Condensed Financial Statements, Captions [Line Items]
Ownership interest in subsidiaries	100.00%
Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]
Condensed Financial Statements, Captions [Line Items]
Debt issuance principal amount	$ 500
Debt interest rate	6.75%
Debt maturity year	2,023

Guarantor financial informati77

Guarantor financial information - Condensed Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017	Oct. 31, 2016	Jul. 31, 2016
Current assets:
Cash and cash equivalents	$ 7,100	$ 5,760	$ 12,639	$ 4,965
Accounts and notes receivable	191,428	165,084
Inventories	112,338	92,552
Prepaid expenses and other current assets	68,068	33,388
Total current assets	378,934	296,784
Property, plant and equipment, net	738,729	731,923
Goodwill	256,103	256,103
Intangible assets, net	250,629	251,102
Other assets, net	80,559	74,057
Total assets	1,704,954	1,609,969
Current liabilities:
Accounts payable	99,198	85,561
Short-term borrowings	263,200	59,781
Collateralized note payable	88,000	69,000
Other current liabilities	200,879	126,224
Total current liabilities	651,277	340,566
Long-term debt	1,812,155	1,995,795
Other liabilities	34,799	31,118
Contingencies and commitments
Partners' capital
Partners' equity	(789,069)	(753,578)
Accumulated other comprehensive income (loss)	32,915	14,601
Total partners' capital	(793,277)	(757,510)
Total liabilities and partners' capital	1,704,954	1,609,969
Ferrellgas, L.P. [Member]
Current assets:
Cash and cash equivalents	7,098	5,701	12,565	4,890
Accounts and notes receivable	191,428	165,084
Intercompany receivables	0	0
Inventories	112,338	92,552
Prepaid expenses and other current assets	68,055	33,426
Total current assets	378,919	296,763
Property, plant and equipment, net	738,729	731,923
Goodwill	256,103	256,103
Intangible assets, net	250,629	251,102
Intercompany receivables	0	0
Investments in consolidated subsidiaries	0	0
Other assets, net	80,559	74,057
Total assets	1,704,939	1,609,948
Current liabilities:
Accounts payable	99,198	85,561
Short-term borrowings	263,200	59,781
Collateralized note payable	88,000	69,000
Intercompany Payables	0	0
Other current liabilities	189,261	122,016
Total current liabilities	639,659	336,358
Long-term debt	1,464,429	1,649,270
Other liabilities	34,799	31,118
Contingencies and commitments
Partners' capital
Partners' equity	(467,212)	(421,562)
Accumulated other comprehensive income (loss)	33,264	14,764
Total partners' capital	(433,948)	(406,798)
Total liabilities and partners' capital	1,704,939	1,609,948
Reportable Legal Entities [Member] | Ferrellgas, L.P. (Parent and Co-Issuer) [Member]
Current assets:
Cash and cash equivalents	6,852	5,327	12,368	4,472
Accounts and notes receivable	(2,343)	(3,132)
Intercompany receivables	40,190	39,877
Inventories	90,812	78,963
Prepaid expenses and other current assets	61,140	26,106
Total current assets	196,651	147,141
Property, plant and equipment, net	547,489	537,582
Goodwill	246,098	246,098
Intangible assets, net	131,322	128,209
Intercompany receivables	450,000	450,000
Investments in consolidated subsidiaries	(48,341)	(53,915)
Other assets, net	39,918	35,862
Total assets	1,563,137	1,490,977
Current liabilities:
Accounts payable	56,610	44,026
Short-term borrowings	263,200	59,781
Collateralized note payable	0	0
Intercompany Payables	0	0
Other current liabilities	182,794	118,039
Total current liabilities	502,604	221,846
Long-term debt	1,464,344	1,649,139
Other liabilities	30,137	26,790
Partners' capital
Partners' equity	(467,212)	(421,562)
Accumulated other comprehensive income (loss)	33,264	14,764
Total partners' capital	(433,948)	(406,798)
Total liabilities and partners' capital	1,563,137	1,490,977
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	245	373	196	417
Accounts and notes receivable	60,692	58,618
Intercompany receivables	0	0
Inventories	21,526	13,589
Prepaid expenses and other current assets	6,909	7,314
Total current assets	89,372	79,894
Property, plant and equipment, net	191,240	194,341
Goodwill	10,005	10,005
Intangible assets, net	119,307	122,893
Intercompany receivables	0	0
Investments in consolidated subsidiaries	0	0
Other assets, net	40,136	37,618
Total assets	450,060	444,751
Current liabilities:
Accounts payable	42,167	41,345
Short-term borrowings	0	0
Collateralized note payable	0	0
Intercompany Payables	42,952	41,645
Other current liabilities	6,238	3,776
Total current liabilities	91,357	86,766
Long-term debt	450,085	450,131
Other liabilities	4,662	4,300
Partners' capital
Partners' equity	(96,044)	(96,446)
Accumulated other comprehensive income (loss)	0	0
Total partners' capital	(96,044)	(96,446)
Total liabilities and partners' capital	450,060	444,751
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts and notes receivable	133,079	109,598
Intercompany receivables	0	0
Inventories	0	0
Prepaid expenses and other current assets	6	6
Total current assets	133,085	109,604
Property, plant and equipment, net	0	0
Goodwill	0	0
Intangible assets, net	0	0
Intercompany receivables	0	0
Investments in consolidated subsidiaries	0	0
Other assets, net	505	577
Total assets	133,590	110,181
Current liabilities:
Accounts payable	421	190
Short-term borrowings	0	0
Collateralized note payable	88,000	69,000
Intercompany Payables	(2,762)	(1,768)
Other current liabilities	229	201
Total current liabilities	85,888	67,623
Long-term debt	0	0
Other liabilities	0	28
Partners' capital
Partners' equity	47,702	42,530
Accumulated other comprehensive income (loss)	0	0
Total partners' capital	47,702	42,530
Total liabilities and partners' capital	133,590	110,181
Reportable Legal Entities [Member] | Ferrellgas Finance Corp. (Co-Issuer) [Member]
Current assets:
Cash and cash equivalents	1	1	1	1
Accounts and notes receivable	0	0
Intercompany receivables	0	0
Inventories	0	0
Prepaid expenses and other current assets	0	0
Total current assets	1	1
Property, plant and equipment, net	0	0
Goodwill	0	0
Intangible assets, net	0	0
Intercompany receivables	0	0
Investments in consolidated subsidiaries	0	0
Other assets, net	0	0
Total assets	1	1
Current liabilities:
Accounts payable	0	0
Short-term borrowings	0	0
Collateralized note payable	0	0
Intercompany Payables	0	0
Other current liabilities	0	0
Total current liabilities	0	0
Long-term debt	0	0
Other liabilities	0	0
Partners' capital
Partners' equity	1	1
Accumulated other comprehensive income (loss)	0	0
Total partners' capital	1	1
Total liabilities and partners' capital	1	1
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts and notes receivable	0	0
Intercompany receivables	(40,190)	(39,877)
Inventories	0	0
Prepaid expenses and other current assets	0	0
Total current assets	(40,190)	(39,877)
Property, plant and equipment, net	0	0
Goodwill	0	0
Intangible assets, net	0	0
Intercompany receivables	(450,000)	(450,000)
Investments in consolidated subsidiaries	48,341	53,915
Other assets, net	0	0
Total assets	(441,849)	(435,962)
Current liabilities:
Accounts payable	0	0
Short-term borrowings	0	0
Collateralized note payable	0	0
Intercompany Payables	(40,190)	(39,877)
Other current liabilities	0	0
Total current liabilities	(40,190)	(39,877)
Long-term debt	(450,000)	(450,000)
Other liabilities	0	0
Partners' capital
Partners' equity	48,341	53,915
Accumulated other comprehensive income (loss)	0	0
Total partners' capital	48,341	53,915
Total liabilities and partners' capital	$ (441,849)	$ (435,962)

Guarantor financial informati78

Guarantor financial information - Condensed Consolidated Statements of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Revenues:
Propane and other gas liquids sales	$ 302,758	$ 242,399
Midstream operations	120,760	108,044
Other	31,137	29,099
Total revenues	454,655	379,542
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	179,515	119,212
Cost of sales - midstream operations	108,125	94,642
Cost of product sold - other	13,702	11,746
Operating expense	110,462	105,086
Depreciation and amortization expense	25,732	26,202
General and administrative expense	13,164	14,269
Equipment lease expense	6,741	7,349
Non-cash employee stock ownership plan compensation charge	3,962	3,754
Loss on disposal of assets	895	6,423
Operating income (loss)	(7,643)	(9,141)
Interest expense	(40,807)	(35,428)
Other income (expense), net	511	508
Earnings (loss) before income taxes	(47,939)	(44,061)
Income tax expense	377	(590)
Net earnings (loss)	(48,316)	(43,471)
Other comprehensive income (loss)	18,500	9,376
Comprehensive income	(29,816)	(34,095)
Ferrellgas, L.P. [Member]
Revenues:
Propane and other gas liquids sales	302,758	242,399
Midstream operations	120,760	108,044
Other	31,137	29,099
Total revenues	454,655	379,542
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	179,515	119,212
Cost of sales - midstream operations	108,125	94,642
Cost of product sold - other	13,702	11,746
Operating expense	110,462	105,086
Depreciation and amortization expense	25,732	26,202
General and administrative expense	13,164	14,269
Equipment lease expense	6,741	7,349
Non-cash employee stock ownership plan compensation charge	3,962	3,754
Loss on disposal of assets	895	6,423
Operating income (loss)	(7,643)	(9,141)
Interest expense	(32,196)	(31,398)
Other income (expense), net	511	508
Earnings (loss) before income taxes	(39,328)	(40,031)
Income tax expense	371	(591)
Equity in earnings of subsidiary	0	0
Net earnings (loss)	(39,699)	(39,440)
Other comprehensive income (loss)	18,500	9,376
Comprehensive income	(21,199)	(30,064)
Reportable Legal Entities [Member] | Ferrellgas, L.P. (Parent and Co-Issuer) [Member]
Revenues:
Propane and other gas liquids sales	302,117	242,399
Midstream operations	0	0
Other	16,677	17,326
Total revenues	318,794	259,725
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	178,819	119,212
Cost of sales - midstream operations	0	0
Cost of product sold - other	2,709	2,430
Operating expense	101,232	97,655
Depreciation and amortization expense	18,347	18,277
General and administrative expense	10,755	12,863
Equipment lease expense	6,648	7,210
Non-cash employee stock ownership plan compensation charge	3,962	3,754
Loss on disposal of assets	908	1,447
Operating income (loss)	(4,586)	(3,123)
Interest expense	(20,394)	(20,352)
Other income (expense), net	215	(47)
Earnings (loss) before income taxes	(24,765)	(23,522)
Income tax expense	(10)	(29)
Equity in earnings of subsidiary	(14,944)	(15,947)
Net earnings (loss)	(39,699)	(39,440)
Other comprehensive income (loss)	18,500	9,376
Comprehensive income	(21,199)	(30,064)
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Revenues:
Propane and other gas liquids sales	641	0
Midstream operations	120,760	108,044
Other	14,460	11,773
Total revenues	135,861	119,817
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	696	0
Cost of sales - midstream operations	108,125	94,642
Cost of product sold - other	10,993	9,316
Operating expense	9,263	10,246
Depreciation and amortization expense	7,313	7,872
General and administrative expense	2,407	1,404
Equipment lease expense	93	139
Non-cash employee stock ownership plan compensation charge	0	0
Loss on disposal of assets	(13)	4,976
Operating income (loss)	(3,016)	(8,778)
Interest expense	(11,185)	(10,673)
Other income (expense), net	296	555
Earnings (loss) before income taxes	(13,905)	(18,896)
Income tax expense	381	(562)
Equity in earnings of subsidiary	0	0
Net earnings (loss)	(14,286)	(18,334)
Other comprehensive income (loss)	0	0
Comprehensive income	(14,286)	(18,334)
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]
Revenues:
Propane and other gas liquids sales	0	0
Midstream operations	0	0
Other	0	0
Total revenues	0	0
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	0	0
Cost of sales - midstream operations	0	0
Cost of product sold - other	0	0
Operating expense	1,182	(2,105)
Depreciation and amortization expense	72	53
General and administrative expense	0	0
Equipment lease expense	0	0
Non-cash employee stock ownership plan compensation charge	0	0
Loss on disposal of assets	0	0
Operating income (loss)	(1,254)	2,052
Interest expense	(617)	(370)
Other income (expense), net	1,215	707
Earnings (loss) before income taxes	(656)	2,389
Income tax expense	0	0
Equity in earnings of subsidiary	0	0
Net earnings (loss)	(656)	2,389
Other comprehensive income (loss)	0	0
Comprehensive income	(656)	2,389
Reportable Legal Entities [Member] | Ferrellgas Finance Corp. (Co-Issuer) [Member]
Revenues:
Propane and other gas liquids sales	0	0
Midstream operations	0	0
Other	0	0
Total revenues	0	0
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	0	0
Cost of sales - midstream operations	0	0
Cost of product sold - other	0	0
Operating expense	0	0
Depreciation and amortization expense	0	0
General and administrative expense	2	2
Equipment lease expense	0	0
Non-cash employee stock ownership plan compensation charge	0	0
Loss on disposal of assets	0	0
Operating income (loss)	(2)	(2)
Interest expense	0	0
Other income (expense), net	0	0
Earnings (loss) before income taxes	(2)	(2)
Income tax expense	0	0
Equity in earnings of subsidiary	0	0
Net earnings (loss)	(2)	(2)
Other comprehensive income (loss)	0	0
Comprehensive income	(2)	(2)
Eliminations [Member]
Revenues:
Propane and other gas liquids sales	0	0
Midstream operations	0	0
Other	0	0
Total revenues	0	0
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	0	0
Cost of sales - midstream operations	0	0
Cost of product sold - other	0	0
Operating expense	(1,215)	(710)
Depreciation and amortization expense	0	0
General and administrative expense	0	0
Equipment lease expense	0	0
Non-cash employee stock ownership plan compensation charge	0	0
Loss on disposal of assets	0	0
Operating income (loss)	1,215	710
Interest expense	0	(3)
Other income (expense), net	(1,215)	(707)
Earnings (loss) before income taxes	0	0
Income tax expense	0	0
Equity in earnings of subsidiary	14,944	15,947
Net earnings (loss)	14,944	15,947
Other comprehensive income (loss)	0	0
Comprehensive income	$ 14,944	$ 15,947

Guarantor financial informati79

Guarantor financial information - Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 7,933	$ 54,550
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(13,867)	0
Capital expenditures	(20,154)	(10,005)
Proceeds from sale of assets	1,208	2,279
Net cash used in investing activities	(32,813)	(7,726)
Cash flows from financing activities:
Distributions	(9,813)	(50,294)
Proceeds from increase in long-term debt	23,580	25,626
Payments on long-term debt	(281)	(2,261)
Net additions to (reductions in) short-term borrowings	(5,879)	(4,467)
Net additions to collateralized short-term borrowings	19,000	10,000
Cash paid for financing costs	(287)	(1,390)
Net cash provided by (used in) financing activities	26,220	(39,150)
Increase (decrease) in cash and cash equivalents	1,340	7,674
Cash and cash equivalents - beginning of period	5,760	4,965
Cash and cash equivalents - end of period	7,100	12,639
Ferrellgas, L.P. [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	7,990	54,551
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(13,867)	0
Capital expenditures	(20,154)	(10,005)
Proceeds from sale of assets	1,208	2,279
Cash collected for purchase of interest in accounts receivable	0	0
Cash remitted to Ferrellgas, L.P for accounts receivable	0	0
Intercompany loan to affiliate	0	0
Net cash used in investing activities	(32,813)	(7,726)
Cash flows from financing activities:
Distributions	(9,913)	(66,658)
Proceeds from increase in long-term debt	23,580	25,626
Payments on long-term debt	(281)	(2,261)
Net additions to (reductions in) short-term borrowings	(5,879)	(4,467)
Net additions to collateralized short-term borrowings	19,000	10,000
Net changes in advances with consolidated entities	0	0
Cash paid for financing costs	(287)	(1,390)
Net cash provided by (used in) financing activities	26,220	(39,150)
Increase (decrease) in cash and cash equivalents	1,397	7,675
Cash and cash equivalents - beginning of period	5,701	4,890
Cash and cash equivalents - end of period	7,098	12,565
Reportable Legal Entities [Member] | Ferrellgas, L.P. (Parent and Co-Issuer) [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	23,305	79,220
Cash flows from investing activities:
Business acquisitions, net of cash acquired	(13,867)
Capital expenditures	(19,429)	(10,000)
Proceeds from sale of assets	1,208	2,279
Cash collected for purchase of interest in accounts receivable	0	0
Cash remitted to Ferrellgas, L.P for accounts receivable	0	0
Intercompany loan to affiliate	3,088	(14,453)
Net cash used in investing activities	(29,000)	(22,174)
Cash flows from financing activities:
Distributions	(9,913)	(66,658)
Proceeds from increase in long-term debt	23,580	25,626
Payments on long-term debt	(281)	(2,261)
Net additions to (reductions in) short-term borrowings	(5,879)	(4,467)
Net additions to collateralized short-term borrowings	0	0
Net changes in advances with consolidated entities	0	0
Cash paid for financing costs	(287)	(1,390)
Net cash provided by (used in) financing activities	7,220	(49,150)
Increase (decrease) in cash and cash equivalents	1,525	7,896
Cash and cash equivalents - beginning of period	5,327	4,472
Cash and cash equivalents - end of period	6,852	12,368
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(22,294)	(15,354)
Cash flows from investing activities:
Business acquisitions, net of cash acquired	0
Capital expenditures	(725)	(5)
Proceeds from sale of assets	0	0
Cash collected for purchase of interest in accounts receivable	0	0
Cash remitted to Ferrellgas, L.P for accounts receivable	0	0
Intercompany loan to affiliate	0	0
Net cash used in investing activities	(725)	(5)
Cash flows from financing activities:
Distributions	0	0
Proceeds from increase in long-term debt	0	0
Payments on long-term debt	0	0
Net additions to (reductions in) short-term borrowings	0	0
Net additions to collateralized short-term borrowings	0	0
Net changes in advances with consolidated entities	22,891	15,138
Cash paid for financing costs	0	0
Net cash provided by (used in) financing activities	22,891	15,138
Increase (decrease) in cash and cash equivalents	(128)	(221)
Cash and cash equivalents - beginning of period	373	417
Cash and cash equivalents - end of period	245	196
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	25,981	687
Cash flows from investing activities:
Business acquisitions, net of cash acquired	0
Capital expenditures	0	0
Proceeds from sale of assets	0	0
Cash collected for purchase of interest in accounts receivable	203,291	183,939
Cash remitted to Ferrellgas, L.P for accounts receivable	(222,291)	(193,939)
Intercompany loan to affiliate	0	0
Net cash used in investing activities	(19,000)	(10,000)
Cash flows from financing activities:
Distributions	0	0
Proceeds from increase in long-term debt	0	0
Payments on long-term debt	0	0
Net additions to (reductions in) short-term borrowings	0	0
Net additions to collateralized short-term borrowings	(19,000)	10,000
Net changes in advances with consolidated entities	(25,981)	(687)
Cash paid for financing costs	0	0
Net cash provided by (used in) financing activities	(6,981)	9,313
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	0	0
Cash and cash equivalents - end of period	0	0
Reportable Legal Entities [Member] | Ferrellgas Finance Corp. (Co-Issuer) [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(2)	(2)
Cash flows from investing activities:
Business acquisitions, net of cash acquired	0
Capital expenditures	0	0
Proceeds from sale of assets	0	0
Cash collected for purchase of interest in accounts receivable	0	0
Cash remitted to Ferrellgas, L.P for accounts receivable	0	0
Intercompany loan to affiliate	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Distributions	0	0
Proceeds from increase in long-term debt	0	0
Payments on long-term debt	0	0
Net additions to (reductions in) short-term borrowings	0	0
Net additions to collateralized short-term borrowings	0	0
Net changes in advances with consolidated entities	2	2
Cash paid for financing costs	0	0
Net cash provided by (used in) financing activities	2	2
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	1	1
Cash and cash equivalents - end of period	1	1
Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(19,000)	(10,000)
Cash flows from investing activities:
Business acquisitions, net of cash acquired	0
Capital expenditures	0	0
Proceeds from sale of assets	0	0
Cash collected for purchase of interest in accounts receivable	(203,291)	(183,939)
Cash remitted to Ferrellgas, L.P for accounts receivable	222,291	193,939
Intercompany loan to affiliate	(3,088)	14,453
Net cash used in investing activities	15,912	24,453
Cash flows from financing activities:
Distributions	0	0
Proceeds from increase in long-term debt	0	0
Payments on long-term debt	0	0
Net additions to (reductions in) short-term borrowings	0	0
Net additions to collateralized short-term borrowings	0	0
Net changes in advances with consolidated entities	3,088	(14,453)
Cash paid for financing costs	0	0
Net cash provided by (used in) financing activities	3,088	(14,453)
Increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents - beginning of period	0	0
Cash and cash equivalents - end of period	$ 0	$ 0