and Roger, third everyone. drivers highlighting morning, key start of the performance. our I'll good segment Thanks, some by of quarter by
increased AmeriGas comparison delivered in in in comparison XXXX year fiscal from the the lower offset energy $X.XX offset year. UGI earnings administrative diluted and prior was marketing business. International down LPG adjusted the as non-core margins by higher operating to margins UGI higher prior $X.XX flat $X.XX to third of were with EPS expenses. For quarter, was
than XXX quarter. management previous lower margins Also, non-cash values reversal an primarily of to the year, of the from year. post-acquisition, due rate current segment growth the higher by the the discount administrative a capacity driven in in expectations down during expenses And the of operating was charge Next reflecting marketing previously was midstream as finally, to saw we million $X.XX, prior and approximately environment. reduce the lower impairment anticipated interest recorded AmeriGas, carrying note, increase the and company pre-tax of rate our goodwill utility
to which On margin of weather, natural and basis, the weather rider, UGI, warmer gas due the our peaking the from $X.XX the cold Pennant, of East higher are partially and higher a year-to-date businesses incremental up margins acquisitions Benefits late normalization gas-based These of effect effects from Moraine and rates. offset management activities that increases were by in from and marketing administrative activities, December. from expenses. including extremely operating offset capacity gas weather natural higher benefited
down in a year-to-date lower attributable York. $X.XX due to are global Our well volumes LPG as basis, capacity constraints driver energy as to AmeriGas, on largely at conservation and businesses attrition
in saw Additionally, in as also we made and improving increase an higher on overtime AmeriGas operating expenses costs. focused investments metrics administrative experienced distribution
XX due lower That for efforts the to attrition reportable walk increase the in offset third results drivers and million X% up which softening AmeriGas, helped Total the continued prior each of down from driver heating when preparation with fuel administrative volumes expenses, key to continued I'll for compared inflation operating through quarter our you the increase LPG capacity, unit demand, in were continued effective due Next, segment, customer the upcoming and to to conservation. resulted margin of year. structure to higher season. was LPG margins. and Starting
effect which also At largely deposits. UGI OpEx unit efforts, $X effects cost increased environment of began largely total and due the to in expenses, of in as administrative colder increased operating partially weather the situation offset was reduced income, The of The energy margins by to LPG to experienced continued and non-core up account million inflationary the lower conservation in International, margin the the the cylinder expenses. of volumes geopolitical ongoing offset and LPG offset were primarily margin the higher The business. marketing X% increase other the segment uncollectible an year volumes release attributable effect global than from higher Europe. increased prior energy in response
EBIT natural down offset marketing and for realized margins. electric and quarter. business capacity from lower partially well which Pennant generation, marketing the as X was gas Next incremental margin management activities as from earnings midstream for million The increased
to last from benefited management earlier we noted volume. settling capacity of due timing certain stored year, the margin As contract for hedge multi-year
than utilities margin up rates offsetting the effects in a and to programs. X certain the margin where X EBIT depreciation in higher DISC over year X due as last as inflation. million, and of cost administrative was amortization, IRET versus to reduction the increased turned prior gas due More operating and we expenses higher increased were year. resulting million operating related expenses this million benefits well employee from the Pennsylvania, Lastly, and base to and timing Also, expenses were higher up in anticipated largely of of as
the quarter, liquidity facilities. billion at Turning end revolving the X.X available available liquidity on credit inclusive cash borrowing and cash and to capacity equivalents of of UGI of our had
use pleased the AmeriGas. quarter have to as the our refinance strengthen AmeriGas transaction million at deleveraging of were priority we few emphasized approximately and a Over past I'm months, sheet. the XXX to to we that that the balance at therefore during XXXX able opportunity reduce bonds debt
focus Before the spend area time on call I a for to Roger, want some of to back I key hand UGI.
the a increasing in utmost environment being business we and that we across on we environment. business know, and organization, run the is continue profile you cost our the challenging said, efficiently important effectively. and our based As focus manage changing rationalizing it therefore optimizing on operate the global With that cost to are
employee flow the opportunities and and create capital leverage us shareholder reset We our processes, to These and technological innovation analytics cost identify achieve and and ultimately experience. headroom, improve baseline, sustainable are and actions use optimize challenging enhance our efficiencies improvements, customer operational ourselves cost create to cash incremental enable return. to simplify savings, structure, will to digital
over it turn this to I'll that, with to close out. Roger back And
