AmeriGas Partners (APU) 10-Q 6 May 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	AMERIGAS PARTNERS LP
Entity Central Index Key	932,628
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		92,922,445

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015
Current assets:
Cash and cash equivalents	$ 15,740	$ 14,757	$ 21,385
Accounts receivable (less allowances for doubtful accounts of $12,858, $12,257 and $18,141, respectively)	257,110	199,067	393,145
Accounts receivable - related parties	3,475	2,360	3,241
Inventories	94,959	93,934	115,666
Prepaid expenses and other current assets	60,444	56,243	49,298
Total current assets	431,728	366,361	582,735
Property, plant and equipment (less accumulated depreciation and amortization of $1,435,097, $1,369,733 and $1,302,098, respectively)	1,303,281	1,324,327	1,359,353
Goodwill	1,971,999	1,956,688	1,950,327
Intangible assets, net	424,062	433,713	448,598
Other assets	56,651	60,623	65,608
Total assets	4,187,721	4,141,712	4,406,621
Current liabilities:
Current maturities of long-term debt	7,441	9,679	10,319
Short-term borrowings	65,300	68,100	55,000
Accounts payable - trade	107,549	101,588	159,617
Accounts payable - related parties	381	445	314
Customer deposits and advances	74,145	117,087	57,941
Derivative instruments	16,920	47,507	55,426
Other current liabilities	186,687	201,888	192,028
Total current liabilities	458,423	546,294	530,645
Long-term debt	2,274,788	2,273,817	2,279,762
Derivative instruments	6,595	7,670	14,401
Other noncurrent liabilities	109,142	113,558	113,380
Total liabilities	$ 2,848,948	$ 2,941,339	$ 2,938,188
Commitments and contingencies
AmeriGas Partners, L.P. partners’ capital:
Common unitholders (units issued - 92,922,445, 92,889,980 and 92,888,829, respectively)	$ 1,280,915	$ 1,145,291	$ 1,407,497
General partner	20,324	18,925	21,576
Accumulated other comprehensive income	0	0	512
Total AmeriGas Partners, L.P. partners’ capital	1,301,239	1,164,216	1,429,585
Noncontrolling interest	37,534	36,157	38,848
Total partners’ capital	1,338,773	1,200,373	1,468,433
Total liabilities and partners’ capital	$ 4,187,721	$ 4,141,712	$ 4,406,621

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, allowances for doubtful accounts	$ 12,858	$ 12,257	$ 18,141
Property, plant and equipment, accumulated depreciation and amortization	$ 1,435,097	$ 1,369,733	$ 1,302,098
Common unitholders, units issued	92,922,445	92,889,980	92,888,829

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Propane	$ 759,278	$ 1,028,080	$ 1,333,182	$ 1,840,815
Other	68,209	72,237	138,403	148,294
Total, Revenues	827,487	1,100,317	1,471,585	1,989,109
Costs and expenses:
Cost of sales - propane (excluding depreciation shown below)	241,621	411,745	469,543	990,286
Cost of sales - other (excluding depreciation shown below)	17,161	18,822	38,028	40,862
Operating and administrative expenses	238,535	257,346	469,424	503,997
Depreciation	36,533	37,402	75,139	76,084
Amortization	10,886	10,713	21,486	21,399
Other operating income, net	(7,131)	(7,392)	(16,038)	(17,540)
Total, costs and expenses	537,605	728,636	1,057,582	1,615,088
Operating income	289,882	371,681	414,003	374,021
Interest expense	(40,806)	(41,096)	(81,831)	(82,130)
Income before income taxes	249,076	330,585	332,172	291,891
Income tax expense	(290)	(806)	(1,200)	(1,676)
Net income including noncontrolling interest	248,786	329,779	330,972	290,215
Deduct net income attributable to noncontrolling interest	(2,878)	(3,724)	(4,091)	(3,731)
Net income attributable to AmeriGas Partners, L.P.	245,908	326,055	326,881	286,484
General partner’s interest in net income attributable to AmeriGas Partners, L.P.	11,107	9,795	20,562	15,932
Limited partners’ interest in net income attributable to AmeriGas Partners, L.P.	$ 234,801	$ 316,260	$ 306,319	$ 270,552
Income per limited partner unit - basic and diluted:
Basic (in usd per unit)	$ 1.74	$ 2.18	$ 2.58	$ 2.36
Diluted (in usd per unit)	$ 1.74	$ 2.17	$ 2.58	$ 2.36
Weighted average limited partner units outstanding (thousands):
Basic (in units)	92,954	92,914	92,939	92,905
Diluted (in units)	93,020	92,963	93,014	92,970

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income including noncontrolling interest	$ 248,786	$ 329,779	$ 330,972	$ 290,215
Other comprehensive loss:
Reclassifications of net gains on derivative instruments	0	(711)	0	(2,305)
Other comprehensive loss	0	(711)	0	(2,305)
Total comprehensive income including noncontrolling interest	248,786	329,068	330,972	287,910
Deduct comprehensive income attributable to noncontrolling interest	(2,878)	(3,717)	(4,091)	(3,708)
Comprehensive income attributable to AmeriGas Partners, L.P.	$ 245,908	$ 325,351	$ 326,881	$ 284,202

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interest	$ 330,972	$ 290,215
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	96,625	97,483
Provision for uncollectible accounts	7,207	11,145
Unrealized (gains) losses on derivative instruments	(33,821)	66,580
Other, net	(1,078)	(9,151)
Net change in:
Accounts receivable	(67,457)	(142,162)
Inventories	(861)	66,815
Accounts payable	5,896	6,925
Other current assets	(4,201)	(5,744)
Other current liabilities	(59,195)	(87,138)
Net cash provided by operating activities	274,087	294,968
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment	(55,787)	(57,217)
Proceeds from disposals of assets	8,780	14,632
Acquisitions of businesses, net of cash acquired	(25,761)	(9,018)
Net cash used by investing activities	(72,768)	(51,603)
CASH FLOWS FROM FINANCING ACTIVITIES
Distributions	(190,123)	(178,318)
Noncontrolling interest activity	(2,714)	(3,236)
Decrease in short-term borrowings	(2,800)	(54,000)
Repayments of long-term debt	(5,837)	(3,331)
Proceeds associated with equity-based compensation plans, net of tax withheld	1,127	3,391
Capital contributions from General Partner	11	34
Net cash used by financing activities	(200,336)	(235,460)
Cash and cash equivalents increase	983	7,905
CASH AND CASH EQUIVALENTS
End of period	15,740	21,385
Beginning of period	14,757	13,480
Increase	$ 983	$ 7,905

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Partners' Capital (unaudited) - USD ($) $ in Thousands	Total	Total AmeriGas Partners, L.P. Partners' Capital	Common Units	General Partner	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest
Beginning Balance (in units) at Sep. 30, 2014			92,867,204
Beginning Balance (in usd) at Sep. 30, 2014	$ 1,360,890	$ 1,322,514	$ 1,299,260	$ 20,460	$ 2,794	$ 38,376
Increase (Decrease) in Partners' Capital
Net income	290,215	286,484	270,552	15,932		3,731
Reclassifications of net gains on derivative instruments	(2,305)	(2,282)			(2,282)	(23)
Distributions	(180,910)	(178,318)	(163,468)	(14,850)		(2,592)
Unit-based compensation expense	1,705	1,705	$ 1,705
Common Units issued in connection with employee and director plans, net of tax withheld (in units)			21,625
Common Units issued in connection with employee and director plans, net of tax withheld	(518)	(518)	$ (552)	34
Distribution related to common control transaction	(644)					(644)
Ending Balance (in units) at Mar. 31, 2015			92,888,829
Ending Balance (in usd) at Mar. 31, 2015	1,468,433	1,429,585	$ 1,407,497	21,576	512	38,848
Beginning Balance (in units) at Sep. 30, 2015			92,889,980
Beginning Balance (in usd) at Sep. 30, 2015	1,200,373	1,164,216	$ 1,145,291	18,925	0	36,157
Increase (Decrease) in Partners' Capital
Net income	330,972	326,881	306,319	20,562		4,091
Reclassifications of net gains on derivative instruments	0
Distributions	(192,837)	(190,123)	(170,949)	(19,174)		(2,714)
Unit-based compensation expense	827	827	$ 827
Common Units issued in connection with employee and director plans, net of tax withheld (in units)			32,465
Common Units issued in connection with employee and director plans, net of tax withheld	(562)	(562)	$ (573)	11
Ending Balance (in units) at Mar. 31, 2016			92,922,445
Ending Balance (in usd) at Mar. 31, 2016	$ 1,338,773	$ 1,301,239	$ 1,280,915	$ 20,324	$ 0	$ 37,534

Nature of Operations

Nature of Operations	6 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note 1 — Nature of Operations AmeriGas Partners, L.P. (“AmeriGas Partners”) is a publicly traded limited partnership that conducts a national propane distribution business through its principal operating subsidiary AmeriGas Propane, L.P. (“AmeriGas OLP”), which is referred to herein as the “Operating Partnership.” AmeriGas Partners and AmeriGas OLP are Delaware limited partnerships. AmeriGas Partners, the Operating Partnership and all of their subsidiaries are collectively referred to herein as “the Partnership” or “we.” The Operating Partnership is engaged in the distribution of propane and related equipment and supplies. The Operating Partnership comprises the largest retail propane distribution business in the United States serving residential, commercial, industrial, motor fuel and agricultural customers in all 50 states. At March 31, 2016 , AmeriGas Propane, Inc. (the “General Partner”), an indirect wholly owned subsidiary of UGI Corporation (“UGI”), held a 1% general partner interest in AmeriGas Partners and a 1.01% general partner interest in AmeriGas OLP. The General Partner and its wholly owned subsidiary, Petrolane Incorporated (“Petrolane,” a predecessor company of the Partnership), also owns AmeriGas Partners Common Units (“Common Units”). The remaining Common Units outstanding represents publicly held Common Units. Common Units represent limited partner interests in AmeriGas Partners. AmeriGas Partners holds a 98.99% limited partner interest in AmeriGas OLP. AmeriGas Partners and the Operating Partnership have no employees. Employees of the General Partner conduct, direct and manage our operations. The General Partner is reimbursed monthly for all direct and indirect expenses it incurs on our behalf (see Note 8 ).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 — Summary of Significant Accounting Policies The accompanying condensed consolidated financial statements are unaudited and have been prepared in accordance with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). They include all adjustments which we consider necessary for a fair statement of the results for the interim periods presented. Such adjustments consist only of normal recurring items unless otherwise disclosed. The September 30, 2015 , condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America (“GAAP”). These financial statements should be read in conjunction with the financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2015 (“the Partnership’s 2015 Annual Report”). Weather significantly impacts demand for propane and profitability because many customers use propane for heating purposes. Due to the seasonal nature of the Partnership’s propane business, the results of operations for interim periods are not necessarily indicative of the results to be expected for a full year. Allocation of Net Income . Net income attributable to AmeriGas Partners, L.P. for partners’ capital and statement of operations presentation purposes is allocated to the General Partner and the limited partners in accordance with their respective ownership percentages after giving effect to amounts distributed to the General Partner in excess of its 1% general partner interest in AmeriGas Partners based on its incentive distribution rights (“IDRs”) under the Fourth Amended and Restated Agreement of Limited Partnership of AmeriGas Partners, L.P., as amended (“Partnership Agreement”). Net Income (Loss) Per Unit. Income (loss) per limited partner unit is computed in accordance with GAAP regarding the application of the two-class method for determining income (loss) per unit for master limited partnerships (“MLPs”) when IDRs are present. The two-class method requires that income per limited partner unit be calculated as if all earnings for the period were distributed and requires a separate calculation for each quarter and year-to-date period. In periods when our net income attributable to AmeriGas Partners exceeds our Available Cash, as defined in the Partnership Agreement, and is above certain levels, the calculation according to the two-class method results in an increased allocation of undistributed earnings to the General Partner. Generally, in periods when our Available Cash in respect of the quarter or year-to-date periods exceeds our net income (loss) attributable to AmeriGas Partners, the calculation according to the two-class method results in an allocation of earnings to the General Partner greater than its relative ownership interest in the Partnership (or in the case of a net loss attributable to AmeriGas Partners, an allocation of such net loss to the Common Unitholders greater than their relative ownership interest in the Partnership). The following table sets forth reconciliations of the numerators and denominators of the basic and diluted income per limited partner unit computations: Three Months Ended Six Months Ended 2016 2015 2016 2015 Net income attributable to AmeriGas Partners, L.P. $ 245,908 $ 326,055 $ 326,881 $ 286,484 Adjust for general partner share and theoretical distributions of net income attributable to AmeriGas Partners, L.P. to the general partner in accordance with the two-class method for MLPs (84,240 ) (123,918 ) (86,865 ) (66,894 ) Common Unitholders’ interest in net income attributable to AmeriGas Partners, L.P. under the two-class method for MLPs $ 161,668 $ 202,137 $ 240,016 $ 219,590 Weighted average Common Units outstanding—basic (thousands) 92,954 92,914 92,939 92,905 Potentially dilutive Common Units (thousands) 66 49 75 65 Weighted average Common Units outstanding—diluted (thousands) 93,020 92,963 93,014 92,970 Theoretical distributions of net income attributable to AmeriGas Partners, L.P. in accordance with the two-class method for the three months ended March 31, 2016 and 2015 , resulted in an increased allocation of net income attributable to AmeriGas Partners, L.P. to the General Partner in the computation of income per limited partner unit which had the effect of decreasing earnings per limited partner unit by $0.79 and $1.23 , respectively. Theoretical distributions of net income attributable to AmeriGas Partners, L.P. in accordance with the two-class method for the six months ended March 31, 2016 and 2015 , resulted in an increased allocation of net income attributable to AmeriGas Partners, L.P. to the General Partner in the computation of income per limited partner unit which had the effect of decreasing earnings per limited partner unit by $0.71 and $0.55 , respectively. For the three and six months ended March 31, 2016 , potentially dilutive Common Units included in the diluted limited partner units outstanding computation reflect the effects of restricted Common Unit awards granted under the General Partner’s incentive compensation plans. Derivative Instruments. Derivative instruments are reported on the Condensed Consolidated Balance Sheets at their fair values, unless the derivative instruments qualify for the normal purchase and normal sale (“NPNS”) exception under GAAP. The accounting for changes in fair value depends upon the purpose of the derivative instrument and whether it is designated and qualifies for hedge accounting. Effective April 1, 2014, the Partnership determined that on a prospective basis, it would no longer elect cash flow hedge accounting for its commodity derivative instruments. Effective October 1, 2014, the Partnership de-designated its remaining commodity derivative instruments accounted for as cash flow hedges. Changes in the fair values of these derivative instruments are reflected in cost of sales - propane on the Condensed Consolidated Statements of Operations. Cash flows from derivative instruments are included in cash flows from operating activities. For additional information on the accounting for our derivative instruments, see Note 2, “Summary of Significant Accounting Policies,” in the Partnership’s 2015 Annual Report. Reclassifications. Certain prior period amounts have been reclassified to conform to current period presentation. Use of Estimates. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and costs. These estimates are based on management’s knowledge of current events, historical experience and various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results may be different from these estimates and assumptions.

Accounting Changes

Accounting Changes	6 Months Ended
	Mar. 31, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Accounting Changes	Note 3 — Accounting Changes Accounting Standards Not Yet Adopted Share-Based Payments . In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, "Improvements to Employee Share-Based Payment Accounting." This ASU simplifies several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The amendments in this ASU are effective for interim and annual periods beginning after December 15, 2016 (Fiscal 2018). Early adoption is permitted. The Partnership is in the process of assessing the full impact of the new guidance but does not expect that it will have a material impact on the Partnership’s financial statements. Leases. In February 2016, the FASB issued ASU No. 2016-02, "Leases." This ASU amends existing guidance to require entities that lease assets to recognize the assets and liabilities for the rights and obligations created by those leases on the balance sheet. The new guidance also requires additional disclosures about the amount, timing and uncertainty of cash flows from leases. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2018 (Fiscal 2020). Early adoption is permitted. Lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Partnership is in the process of assessing the impact on its financial statements from the adoption of the new guidance. Debt Issuance Costs. In April 2015, the FASB issued ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs." This ASU amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of a deferred charge. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2015 (Fiscal 2017). Early adoption is permitted. Entities will apply the new guidance retrospectively to all periods presented. The Partnership expects to adopt the new guidance effective September 30, 2016. The adoption of the new guidance is not expected to have a material impact on the Partnership’s financial statements. Consolidation. In February 2015, the FASB issued ASU No. 2015-02, “Amendments to the Consolidation Analysis.” This ASU provides new guidance regarding whether a reporting entity should consolidate certain types of legal entities. Among other things, the new guidance modifies the evaluation of whether limited partnerships and similar entities are variable interest entities (“VIEs”) or voting interest entities, and also eliminates the presumption that a general partner should consolidate a limited partnership. The new guidance also affects the consolidation analysis of reporting entities that are involved with VIEs including those that have fee arrangements and related party relationships. The new guidance is effective for the Partnership beginning in Fiscal 2017. Early adoption is permitted. The Partnership is in the process of assessing the impact on its financial statements, if any, from the adoption of the new guidance. Revenue Recognition. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” The guidance provided under this ASU, as amended, supersedes the revenue recognition requirements in Accounting Standards Codification (“ASC”) 605, “Revenue Recognition,” and most industry-specific guidance included in the ASC. The standard requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance is effective for the Partnership for interim and annual periods beginning after December 15, 2017 (Fiscal 2019) and allows for either full retrospective adoption or modified retrospective adoption. We have not yet selected a transition method and are currently evaluating the impact of adopting this guidance on our consolidated financial statements.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 4 — Goodwill and Intangible Assets The Partnership’s goodwill and intangible assets comprise the following: March 31, September 30, March 31, Goodwill (not subject to amortization) $ 1,971,999 $ 1,956,688 $ 1,950,327 Intangible assets: Customer relationships and noncompete agreements $ 523,783 $ 514,333 $ 512,436 Accumulated amortization (182,665 ) (163,564 ) (146,782 ) Intangible assets, net (definite-lived) 341,118 350,769 365,654 Trademarks and tradenames (indefinite-lived) 82,944 82,944 82,944 Total intangible assets, net $ 424,062 $ 433,713 $ 448,598 Amortization expense of intangible assets was $9,693 and $9,521 for the three months ended March 31, 2016 and 2015 , respectively. Amortization expense of intangible assets was $19,101 and $19,014 for the six months ended March 31, 2016 and 2015 , respectively. No amortization expense is included in cost of sales on the Condensed Consolidated Statements of Operations. The estimated aggregate amortization expense of intangible assets for the remainder of Fiscal 2016 and the next four fiscal years is as follows: remainder of Fiscal 2016 — $19,051 ; Fiscal 2017 — $36,223 ; Fiscal 2018 — $34,863 ; Fiscal 2019 — $33,667 ; Fiscal 2020 — $32,484 .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 5 — Commitments and Contingencies Contingencies Purported Class Action Lawsuits. Between May and October of 2014, more than 35 purported class action lawsuits were filed in multiple jurisdictions against the Partnership/UGI Corporation and a competitor by certain of their direct and indirect customers. The class action lawsuits allege, among other things, that the Partnership and its competitor colluded, beginning in 2008, to reduce the fill level of portable propane cylinders from 17 pounds to 15 pounds and combined to persuade their common customer, Walmart Stores, Inc., to accept that fill reduction, resulting in increased cylinder costs to retailers and end-user customers in violation of federal and certain state antitrust laws. The claims seek treble damages, injunctive relief, attorneys’ fees and costs on behalf of the putative classes. On October 16, 2014, the United States Judicial Panel on Multidistrict Litigation transferred all of these purported class action cases to the Western Division of the United States District Court for the Western District of Missouri. In July 2015, the Court dismissed all claims brought by direct customers and all claims other than those for injunctive relief brought by indirect customers. The direct customers filed an appeal with the United States Court of Appeals for the Eighth Circuit, which is still pending. The indirect customers filed an amended complaint claiming injunctive relief and state law claims under Wisconsin, Maine and Vermont law. In January 2016, the District Court dismissed the remaining injunctive relief claims for the indirect purchasers. As a result, the only claims remaining with respect to indirect purchasers involve alleged violations of Wisconsin, Maine and Vermont state antitrust laws. We are unable to reasonably estimate the impact, if any, arising from such litigation. We believe we have strong defenses to the claims and intend to vigorously defend against them. In addition to the matters described above, there are other pending claims and legal actions arising in the normal course of our businesses. Although we cannot predict the final results of these pending claims and legal actions, we believe, after consultation with counsel, that the final outcome of these matters will not have a material effect on our financial position, results of operations or cash flows.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 6 — Fair Value Measurements Derivative Instruments The following table presents on a gross basis our derivative assets and liabilities including both current and noncurrent portions, that are measured at fair value on a recurring basis within the fair value hierarchy, as of March 31, 2016 , September 30, 2015 and March 31, 2015 : Asset (Liability) Level 1 Level 2 Level 3 Total March 31, 2016: Assets: Propane contracts $ — $ 2,691 $ — $ 2,691 Liabilities: Propane contracts $ — $ (26,206 ) $ — $ (26,206 ) September 30, 2015: Assets: Propane contracts $ — $ 1,242 $ — $ 1,242 Liabilities: Propane contracts $ — $ (58,579 ) $ — $ (58,579 ) March 31, 2015: Assets: Propane contracts $ — $ 282 $ — $ 282 Liabilities: Propane contracts $ — $ (73,269 ) $ — $ (73,269 ) The fair values of our non-exchange traded commodity derivative contracts included in Level 2 are based upon indicative price quotations available through brokers, industry price publications or recent market transactions and related market indicators. For commodity option contracts not traded on an exchange, if any, we use a Black Scholes option pricing model that considers time value and volatility of the underlying commodity. 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. At March 31, 2016 , the carrying amount and estimated fair value of our long-term debt (including current maturities) were $2,282,229 and $2,329,842 , respectively. At March 31, 2015 , the carrying amount and estimated fair value of our long-term debt (including current maturities) were $2,290,081 and $2,425,179 , respectively. We estimate the fair value of long-term debt by using current market prices and by discounting future cash flows using rates available for similar type debt (Level 2). We have other financial instruments such as short-term investments and trade accounts receivable which could expose us to concentrations of credit risk. We limit our credit risk from short-term investments by investing only in investment-grade commercial paper and U.S. Government securities. The credit risk arising from concentrations of trade accounts receivable is limited because we have a large customer base that extends across many different U.S. markets.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Note 7 — Derivative Instruments and Hedging Activities The Partnership is exposed to certain market risks related to its ongoing business operations. Management uses derivative financial and commodity instruments, among other things, to manage these risks. The primary risks managed by derivative instruments are commodity price risk and interest rate risk. Although we use derivative financial and commodity instruments to reduce market risk associated with forecasted transactions, we do not use derivative financial and commodity instruments for speculative or trading purposes. The use of derivative instruments is controlled by our risk management and credit policies which govern, among other things, the derivative instruments the Partnership can use, counterparty credit limits and contract authorization limits. Commodity Price Risk In order to manage market risk associated with the Partnership’s fixed-price programs, the Partnership uses over-the-counter derivative commodity instruments, principally price swap contracts. In addition, the Partnership uses over-the-counter price swap and option contracts to reduce propane price volatility associated with a portion of forecasted propane purchases. In addition, the Partnership from time to time enters into price swap and put option agreements to reduce the effects of short-term commodity price volatility . At March 31, 2016 and 2015 , total volumes associated with propane commodity derivatives totaled 267.8 million gallons and 317.0 million gallons, respectively. At March 31, 2016 , the maximum period over which we are economically hedging propane market price risk is 42 months . Derivative Instruments Credit Risk The Partnership is exposed to credit loss in the event of nonperformance by counterparties to derivative financial and commodity instruments. Our counterparties principally comprise major energy companies and major U.S. financial institutions. We maintain credit policies with regard to our counterparties that we believe reduce overall credit risk. These policies include evaluating and monitoring our 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 the Partnership in the forms of letters of credit, parental guarantees or cash. Although we have concentrations of credit risk associated with derivative instruments held by certain derivative instrument counterparties, the maximum amount of loss due to credit risk that, based upon the gross fair values of the derivative instruments, we would incur if these counterparties that make up the concentration failed to perform according to the terms of their contracts was not material at March 31, 2016 . Certain of our derivative contracts have credit-risk-related contingent features that may require the posting of additional collateral in the event of a downgrade in the Partnership’s debt rating. At March 31, 2016 , if the credit-risk-related contingent features were triggered, the amount of collateral required to be posted would not be material. Offsetting Derivative Assets and Liabilities Derivative assets and liabilities are presented net by counterparty on our Condensed Consolidated Balance Sheets if the right of offset exists. Our derivative instruments comprise over-the-counter transactions. Over-the-counter contracts are bilateral contracts that are transacted directly with a third party. Certain over-the-counter contracts contain contractual rights of offset through master netting arrangements and contract default provisions. In addition, the contracts are subject to conditional rights of offset through counterparty nonperformance, insolvency or other conditions. In general, most of our over-the-counter transactions are subject to collateral requirements. Types of collateral generally include cash or letters of credit. Cash collateral paid by us to our over-the-counter derivative counterparties, if any, is reflected in the table below to offset derivative liabilities. Cash collateral received by us from our over-the-counter derivative counterparties, if any, is reflected in the table below to offset derivative assets. Certain other accounts receivable and accounts payable balances recognized on our Condensed Consolidated Balance Sheets with our derivative counterparties are not included in the table below but could reduce our net exposure to such counterparties because such balances are subject to master netting or similar arrangements. Fair Value of Derivative Instruments The following table presents our derivative assets and liabilities, as well as the effects of offsetting, as of March 31, 2016 and 2015 : March 31, March 31, Derivative assets not designated as hedging instruments: Propane contracts $ 2,691 $ 282 Total derivative assets - gross 2,691 282 Gross amounts offset in the balance sheet (2,691 ) (282 ) Total derivative assets - net $ — $ — Derivative liabilities not designated as hedging instruments: Propane contracts $ (26,206 ) $ (73,269 ) Total derivative liabilities - gross (26,206 ) (73,269 ) Gross amounts offset in the balance sheet 2,691 282 Cash collateral pledged — 3,160 Total derivative liabilities - net $ (23,515 ) $ (69,827 ) Effect of Derivative Instruments The following tables provide information on the effects of derivative instruments on the Condensed Consolidated Statements of Operations and changes in AOCI and noncontrolling interest for the three and six months ended March 31, 2016 and 2015 : Gain Location of Gain Three Months Ended March 31, 2016 2015 Cash Flow Hedges: Propane contracts $ — $ 711 Cost of sales - propane Gain (Loss) Location of Gain (Loss) Three Months Ended March 31, 2016 2015 Derivatives Not Designated as Hedging Instruments: Propane contracts $ 11,877 $ (4,086 ) Cost of sales - propane Gain Location of Gain Six Months Ended March 31, 2016 2015 Cash Flow Hedges: Propane contracts $ — $ 2,305 Cost of sales - propane Loss Location of Loss Six Months Ended March 31, 2016 2015 Derivatives Not Designated as Hedging Instruments: Propane contracts $ (15,830 ) $ (180,485 ) Cost of sales - propane We are also a party to a number of contracts that have elements of a derivative instrument. These contracts include, among others, binding purchase orders, contracts that provide for the purchase and delivery of propane and service contracts that require the counterparty to provide commodity storage or transportation service to meet our normal sales commitments. Although many of these contracts have the requisite elements of a derivative instrument, these contracts qualify for normal purchase and normal sales exception accounting under GAAP because they provide for the delivery of products or services in quantities that are expected to be used in the normal course of operating our business and the price in the contract is based on an underlying that is directly associated with the price of the product or service being purchased or sold.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 8 — Related Party Transactions Pursuant to the Partnership Agreement and a management services agreement, the General Partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of the Partnership. These costs, which totaled $151,487 and $155,997 for the three months ended March 31, 2016 and 2015 , respectively, and $301,541 and $305,315 for the six months ended March 31, 2016 and 2015 , respectively, include employee compensation and benefit expenses of employees of the General Partner and general and administrative expenses. UGI provides certain financial and administrative services to the General Partner. UGI bills the General Partner monthly for all direct and indirect corporate expenses incurred in connection with providing these services and the General Partner is reimbursed by the Partnership for these expenses. The allocation of indirect UGI corporate expenses to the Partnership utilizes a weighted, three-component formula based on the relative percentage of the Partnership’s revenues, operating expenses and net assets employed to the total of such items for all UGI operating subsidiaries for which general and administrative services are provided. The General Partner believes that this allocation method is reasonable and equitable to the Partnership. Such corporate expenses totaled $6,032 and $7,804 for the three months ended March 31, 2016 and 2015 , respectively, and $9,392 and $13,102 during the six months ended March 31, 2016 and 2015 , respectively. In addition, UGI and certain of its subsidiaries provide office space, stop loss medical coverage and automobile liability insurance to the Partnership. The costs related to these items totaled $495 and $712 for the three months ended March 31, 2016 and 2015 , respectively, and $1,248 and $1,460 for the six months ended March 31, 2016 and 2015 , respectively. From time to time, AmeriGas OLP purchases propane on an as needed basis from UGI Energy Services, LLC (“Energy Services”). The price of the purchases are generally based on the market price at the time of purchase. There were no purchases of propane by AmeriGas OLP from Energy Services during the three and six months ended March 31, 2016 and March 31, 2015 . In addition, the Partnership sells propane to affiliates of UGI. Sales of propane to affiliates of UGI totaled $241 and $795 for the three months ended March 31, 2016 and 2015 , respectively, and $305 and $1,093 for the six months ended March 31, 2016 and 2015 , respectively. Pursuant to an Asset Sale and Purchase Agreement, on October 13, 2014, AmeriGas OLP purchased from UGI HVAC Enterprises, Inc. (“HVAC”), a second-tier, wholly owned subsidiary of UGI, a residential heating, ventilation, air conditioning, plumbing and related services business for $2,000 cash. Because the transaction was between entities under common control, the purchase price in excess of the carrying value of assets transferred was considered an equity transaction and has been recorded as a distribution on the Condensed Consolidated Statements of Partners’ Capital. In connection with this transaction, AmeriGas OLP entered into a Shared Service Agreement (“SSA”) whereby HVAC provides certain financial and administrative services to the Partnership with respect to the business purchased. Expenses associated with the SSA totaled $256 and $512 during the three and six months ended March 31, 2016 , respectively, and $256 and $478 during the three and six months ended March 31, 2015 , respectively.

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Allocation of Net Income	Allocation of Net Income . Net income attributable to AmeriGas Partners, L.P. for partners’ capital and statement of operations presentation purposes is allocated to the General Partner and the limited partners in accordance with their respective ownership percentages after giving effect to amounts distributed to the General Partner in excess of its 1% general partner interest in AmeriGas Partners based on its incentive distribution rights (“IDRs”) under the Fourth Amended and Restated Agreement of Limited Partnership of AmeriGas Partners, L.P., as amended (“Partnership Agreement”).
Net Income (Loss) Per Unit	Net Income (Loss) Per Unit. Income (loss) per limited partner unit is computed in accordance with GAAP regarding the application of the two-class method for determining income (loss) per unit for master limited partnerships (“MLPs”) when IDRs are present. The two-class method requires that income per limited partner unit be calculated as if all earnings for the period were distributed and requires a separate calculation for each quarter and year-to-date period. In periods when our net income attributable to AmeriGas Partners exceeds our Available Cash, as defined in the Partnership Agreement, and is above certain levels, the calculation according to the two-class method results in an increased allocation of undistributed earnings to the General Partner. Generally, in periods when our Available Cash in respect of the quarter or year-to-date periods exceeds our net income (loss) attributable to AmeriGas Partners, the calculation according to the two-class method results in an allocation of earnings to the General Partner greater than its relative ownership interest in the Partnership (or in the case of a net loss attributable to AmeriGas Partners, an allocation of such net loss to the Common Unitholders greater than their relative ownership interest in the Partnership).
Derivative Instruments	Derivative Instruments. Derivative instruments are reported on the Condensed Consolidated Balance Sheets at their fair values, unless the derivative instruments qualify for the normal purchase and normal sale (“NPNS”) exception under GAAP. The accounting for changes in fair value depends upon the purpose of the derivative instrument and whether it is designated and qualifies for hedge accounting. Effective April 1, 2014, the Partnership determined that on a prospective basis, it would no longer elect cash flow hedge accounting for its commodity derivative instruments. Effective October 1, 2014, the Partnership de-designated its remaining commodity derivative instruments accounted for as cash flow hedges. Changes in the fair values of these derivative instruments are reflected in cost of sales - propane on the Condensed Consolidated Statements of Operations. Cash flows from derivative instruments are included in cash flows from operating activities. For additional information on the accounting for our derivative instruments, see Note 2, “Summary of Significant Accounting Policies,” in the Partnership’s 2015 Annual Report.
Use of Estimates	Use of Estimates. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and costs. These estimates are based on management’s knowledge of current events, historical experience and various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results may be different from these estimates and assumptions.
Accounting Standards Not Yet Adopted	Accounting Standards Not Yet Adopted Share-Based Payments . In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, "Improvements to Employee Share-Based Payment Accounting." This ASU simplifies several aspects of the accounting for employee share-based payment transactions, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. The amendments in this ASU are effective for interim and annual periods beginning after December 15, 2016 (Fiscal 2018). Early adoption is permitted. The Partnership is in the process of assessing the full impact of the new guidance but does not expect that it will have a material impact on the Partnership’s financial statements. Leases. In February 2016, the FASB issued ASU No. 2016-02, "Leases." This ASU amends existing guidance to require entities that lease assets to recognize the assets and liabilities for the rights and obligations created by those leases on the balance sheet. The new guidance also requires additional disclosures about the amount, timing and uncertainty of cash flows from leases. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2018 (Fiscal 2020). Early adoption is permitted. Lessees must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The Partnership is in the process of assessing the impact on its financial statements from the adoption of the new guidance. Debt Issuance Costs. In April 2015, the FASB issued ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs." This ASU amends existing guidance to require the presentation of debt issuance costs in the balance sheet as a direct deduction from the carrying amount of the related debt liability instead of a deferred charge. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2015 (Fiscal 2017). Early adoption is permitted. Entities will apply the new guidance retrospectively to all periods presented. The Partnership expects to adopt the new guidance effective September 30, 2016. The adoption of the new guidance is not expected to have a material impact on the Partnership’s financial statements. Consolidation. In February 2015, the FASB issued ASU No. 2015-02, “Amendments to the Consolidation Analysis.” This ASU provides new guidance regarding whether a reporting entity should consolidate certain types of legal entities. Among other things, the new guidance modifies the evaluation of whether limited partnerships and similar entities are variable interest entities (“VIEs”) or voting interest entities, and also eliminates the presumption that a general partner should consolidate a limited partnership. The new guidance also affects the consolidation analysis of reporting entities that are involved with VIEs including those that have fee arrangements and related party relationships. The new guidance is effective for the Partnership beginning in Fiscal 2017. Early adoption is permitted. The Partnership is in the process of assessing the impact on its financial statements, if any, from the adoption of the new guidance. Revenue Recognition. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” The guidance provided under this ASU, as amended, supersedes the revenue recognition requirements in Accounting Standards Codification (“ASC”) 605, “Revenue Recognition,” and most industry-specific guidance included in the ASC. The standard requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance is effective for the Partnership for interim and annual periods beginning after December 15, 2017 (Fiscal 2019) and allows for either full retrospective adoption or modified retrospective adoption. We have not yet selected a transition method and are currently evaluating the impact of adopting this guidance on our consolidated financial statements.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Schedule of Income Per Limited Partner Unit	The following table sets forth reconciliations of the numerators and denominators of the basic and diluted income per limited partner unit computations: Three Months Ended Six Months Ended 2016 2015 2016 2015 Net income attributable to AmeriGas Partners, L.P. $ 245,908 $ 326,055 $ 326,881 $ 286,484 Adjust for general partner share and theoretical distributions of net income attributable to AmeriGas Partners, L.P. to the general partner in accordance with the two-class method for MLPs (84,240 ) (123,918 ) (86,865 ) (66,894 ) Common Unitholders’ interest in net income attributable to AmeriGas Partners, L.P. under the two-class method for MLPs $ 161,668 $ 202,137 $ 240,016 $ 219,590 Weighted average Common Units outstanding—basic (thousands) 92,954 92,914 92,939 92,905 Potentially dilutive Common Units (thousands) 66 49 75 65 Weighted average Common Units outstanding—diluted (thousands) 93,020 92,963 93,014 92,970

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Goodwill and Intangible Assets	The Partnership’s goodwill and intangible assets comprise the following: March 31, September 30, March 31, Goodwill (not subject to amortization) $ 1,971,999 $ 1,956,688 $ 1,950,327 Intangible assets: Customer relationships and noncompete agreements $ 523,783 $ 514,333 $ 512,436 Accumulated amortization (182,665 ) (163,564 ) (146,782 ) Intangible assets, net (definite-lived) 341,118 350,769 365,654 Trademarks and tradenames (indefinite-lived) 82,944 82,944 82,944 Total intangible assets, net $ 424,062 $ 433,713 $ 448,598

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Financial Assets and Financial Liabilities at Fair Value on a Recurring Basis	The following table presents on a gross basis our derivative assets and liabilities including both current and noncurrent portions, that are measured at fair value on a recurring basis within the fair value hierarchy, as of March 31, 2016 , September 30, 2015 and March 31, 2015 : Asset (Liability) Level 1 Level 2 Level 3 Total March 31, 2016: Assets: Propane contracts $ — $ 2,691 $ — $ 2,691 Liabilities: Propane contracts $ — $ (26,206 ) $ — $ (26,206 ) September 30, 2015: Assets: Propane contracts $ — $ 1,242 $ — $ 1,242 Liabilities: Propane contracts $ — $ (58,579 ) $ — $ (58,579 ) March 31, 2015: Assets: Propane contracts $ — $ 282 $ — $ 282 Liabilities: Propane contracts $ — $ (73,269 ) $ — $ (73,269 )

Derivative Instruments and He20

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Components of Fair Value of Derivative Assets and Liabilities	The following table presents our derivative assets and liabilities, as well as the effects of offsetting, as of March 31, 2016 and 2015 : March 31, March 31, Derivative assets not designated as hedging instruments: Propane contracts $ 2,691 $ 282 Total derivative assets - gross 2,691 282 Gross amounts offset in the balance sheet (2,691 ) (282 ) Total derivative assets - net $ — $ — Derivative liabilities not designated as hedging instruments: Propane contracts $ (26,206 ) $ (73,269 ) Total derivative liabilities - gross (26,206 ) (73,269 ) Gross amounts offset in the balance sheet 2,691 282 Cash collateral pledged — 3,160 Total derivative liabilities - net $ (23,515 ) $ (69,827 )
Components of Derivative Instruments Gain Loss In Statement of Operations	The following tables provide information on the effects of derivative instruments on the Condensed Consolidated Statements of Operations and changes in AOCI and noncontrolling interest for the three and six months ended March 31, 2016 and 2015 : Gain Location of Gain Three Months Ended March 31, 2016 2015 Cash Flow Hedges: Propane contracts $ — $ 711 Cost of sales - propane Gain (Loss) Location of Gain (Loss) Three Months Ended March 31, 2016 2015 Derivatives Not Designated as Hedging Instruments: Propane contracts $ 11,877 $ (4,086 ) Cost of sales - propane Gain Location of Gain Six Months Ended March 31, 2016 2015 Cash Flow Hedges: Propane contracts $ — $ 2,305 Cost of sales - propane Loss Location of Loss Six Months Ended March 31, 2016 2015 Derivatives Not Designated as Hedging Instruments: Propane contracts $ (15,830 ) $ (180,485 ) Cost of sales - propane

Nature of Operations (Details)

Nature of Operations (Details)	6 Months Ended
	Mar. 31, 2016employeestate
General Partners Interest
Number of states in which the company has market share (in states) | state	50
Limited partner interest held by AmeriGas Partners in AmeriGas OLP (as a percent)	98.99%
Employees of the AmeriGas Partners and the Operating Partnership (in employees) | employee	0
AmeriGas Propane Inc Partnership Interest In AmeriGas Partners
General Partners Interest
General partners ownership interest (as a percent)	1.00%
AmeriGas Propane Inc Partnership Interest In AmeriGas OLP
General Partners Interest
General partners ownership interest (as a percent)	1.01%

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Details) - $ / shares	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
General Partner Interest
Theoretical distributions of net income on earnings (in dollars per unit)	$ 0.79	$ 1.23	$ 0.71	$ 0.55
AmeriGas Propane Inc Partnership Interest In AmeriGas Partners
General Partner Interest
General partner interest percentage	1.00%		1.00%

Summary of Significant Accoun23

Summary of Significant Accounting Policies - Schedule of Income Per Limited Partner Unit (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Accounting Policies [Abstract]
Net income attributable to AmeriGas Partners, L.P.	$ 245,908	$ 326,055	$ 326,881	$ 286,484
Adjust for general partner share and theoretical distributions of net income attributable to AmeriGas Partners, L.P. to the general partner in accordance with the two-class method for MLPs	(84,240)	(123,918)	(86,865)	(66,894)
Common Unitholders’ interest in net income attributable to AmeriGas Partners, L.P. under the two-class method for MLPs	$ 161,668	$ 202,137	$ 240,016	$ 219,590
Weighted average Common Units outstanding—basic (thousands) (in units)	92,954	92,914	92,939	92,905
Potentially dilutive Common Units (thousands) (in units)	66	49	75	65
Weighted average Common Units outstanding—diluted (thousands) (in units)	93,020	92,963	93,014	92,970

Goodwill And Intangible Asset24

Goodwill And Intangible Assets - Components of Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill (not subject to amortization)	$ 1,971,999	$ 1,956,688	$ 1,950,327
Intangible assets:
Customer relationships and noncompete agreements	523,783	514,333	512,436
Accumulated amortization	(182,665)	(163,564)	(146,782)
Intangible assets, net (definite-lived)	341,118	350,769	365,654
Trademarks and tradenames (indefinite-lived)	82,944	82,944	82,944
Total intangible assets, net	$ 424,062	$ 433,713	$ 448,598

Goodwill and Intangible Asset25

Goodwill and Intangible Assets (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Finite-Lived Intangible Assets
Amortization expense of intangible assets	$ 9,693,000	$ 9,521,000	$ 19,101,000	$ 19,014,000
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity
Remainder of Fiscal 2016	19,051,000		19,051,000
Fiscal 2,017	36,223,000		36,223,000
Fiscal 2,018	34,863,000		34,863,000
Fiscal 2,019	33,667,000		33,667,000
Fiscal 2,020	$ 32,484,000		32,484,000
Cost of Sales
Finite-Lived Intangible Assets
Amortization expense of intangible assets			$ 0

Commitments and Contingencies (

Commitments and Contingencies (Details)	6 Months Ended
	Mar. 31, 2016lb	Oct. 31, 2014lawsuit
Commitments and Contingencies Disclosure [Abstract]
Class action lawsuits (more than 35) | lawsuit		35
FTC Cylinder Investigation
Loss Contingencies
Amount of propane in cylinders before reduction (in pounds)	17
Amount of propane in cylinders after reduction (in pounds)	15

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Financial Liabilities at Fair Value On a Recurring Basis (Details) - Fair Value, Measurements, Recurring - Propane Contracts - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015
Assets:
Derivative Assets	$ 2,691	$ 1,242	$ 282
Liabilities:
Derivative Liabilities	(26,206)	(58,579)	(73,269)
Level 1
Assets:
Derivative Assets	0	0	0
Liabilities:
Derivative Liabilities	0	0	0
Level 2
Assets:
Derivative Assets	2,691	1,242	282
Liabilities:
Derivative Liabilities	(26,206)	(58,579)	(73,269)
Level 3
Assets:
Derivative Assets	0	0	0
Liabilities:
Derivative Liabilities	$ 0	$ 0	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Carrying value of long-term debt	$ 2,282,229	$ 2,290,081
Estimated fair value of long-term debt	$ 2,329,842	$ 2,425,179

Derivative Instruments and He29

Derivative Instruments and Hedging Activities (Details) - gal gal in Millions	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Volume of commodity derivative (gallons)	267.8	317
Maximum period of price risk cash flow hedging (in months)	42 months

Derivative Instruments and He30

Derivative Instruments and Hedging Activities - Components of Fair Value of Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Mar. 31, 2015
Derivative Assets, Fair Value
Derivative assets	$ 2,691	$ 282
Gross amounts offset in the balance sheet	(2,691)	(282)
Total derivative assets - net	0	0
Derivative Liabilities, Fair Value
Derivative liabilities	(26,206)	(73,269)
Gross amounts offset in the balance sheet	2,691	282
Cash collateral pledged	0	3,160
Total derivative liabilities - net	(23,515)	(69,827)
Not Designated as Hedging Instrument | Propane Contracts
Derivative Assets, Fair Value
Derivative assets	2,691	282
Derivative Liabilities, Fair Value
Derivative liabilities	$ (26,206)	$ (73,269)

Derivative Instruments and He31

Derivative Instruments and Hedging Activities - Components of Derivative Instruments Gain Loss in Statement of Operations (Details) - Propane Contracts - Cost of Sales - Propane - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Designated as Hedging Instrument | Cash Flow Hedges
Derivative Instruments, Gain (Loss)
Gain Reclassified from AOCI and Noncontrolling Interest into Income	$ 0	$ 711	$ 0	$ 2,305
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss)
Gain (Loss) Recognized in Income	$ 11,877	$ (4,086)	$ (15,830)	$ (180,485)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Oct. 13, 2014	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
General Partner | Reimbursed Expenses or Payments
Related Party Transaction
Related party costs and expenses		$ 151,487,000	$ 155,997,000	$ 301,541,000	$ 305,315,000
General Partner | UGI Corp | General and Administrative Services
Related Party Transaction
Related party costs and expenses		6,032,000	7,804,000	9,392,000	13,102,000
General Partner | UGI Corp | Office and Insurance Expenses
Related Party Transaction
Related party costs and expenses		495,000	712,000	1,248,000	1,460,000
Affiliated Entity | Energy Services | Propane Purchases
Related Party Transaction
Related party costs and expenses		0	0	0	0
Affiliated Entity | Affiliates of UGI | Propane Sales
Related Party Transaction
Revenue from related parties		241,000	795,000	305,000	1,093,000
Affiliated Entity | UGI HVAC Enterprises
Related Party Transaction
Purchase price (in cash)	$ 2,000,000
Shared service agreement (SSA) expenses		$ 256,000	$ 256,000	$ 512,000	$ 478,000