Document And Entity Information	9 Months Ended
Document And Entity Information	Apr. 30, 2015	Jun. 01, 2015
Entity Registrant Name	FERRELLGAS PARTNERS L P
Entity Central Index Key	0000922358
Current Fiscal Year End Date	--07-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		89,042,620
Trading Symbol	fgp
Entity Well-known Seasoned Issuer	Yes
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	0001012493
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
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	0000922359
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
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	0000922360
Current Fiscal Year End Date	--07-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Apr. 30, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
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 (USD $)	Apr. 30, 2015	Jul. 31, 2014
Current assets:
Cash and cash equivalents	$ 7,409,000	$ 8,289,000
Accounts and notes receivable, net	189,569,000	178,602,000
Inventories	98,636,000	145,969,000
Prepaid expenses and other current assets	45,406,000	32,071,000
Total current assets	341,020,000	364,931,000
Property, plant and equipment, net	614,287,000	611,787,000
Goodwill	285,436,000	273,210,000
Intangible assets, net	300,663,000	276,171,000
Other assets, net	51,451,000	46,171,000
Total assets	1,592,857,000	1,572,270,000
Current liabilities:
Accounts payable	54,164,000	69,360,000
Short-term borrowings	0	69,519,000
Collateralized note payable	117,000,000	91,000,000
Other current liabilities	146,198,000	125,161,000
Total current liabilities	317,362,000	355,040,000
Long-term debt	1,344,392,000	1,292,214,000
Other liabilities	34,458,000	36,662,000
Contingencies and commitments
Partners' capital (deficit)
Common unitholders	(16,717,000)	(57,893,000)
General partner unitholder	(60,238,000)	(60,654,000)
Accumulated other comprehensive income	(27,247,000)	6,181,000
Total Ferrellgas Partners, L.P. partners' capital (deficit)	(104,202,000)	(112,366,000)
Noncontrolling interest	847,000	720,000
Total partners' capital (deficit)	(103,355,000)	(111,646,000)
Total liabilities and partners' capital (deficit)	1,592,857,000	1,572,270,000
Ferrellgas Partners Finance Corp. [Member]
Current assets:
Cash	1,000	969
Total assets	1,000	969
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	15,836	15,106
Accumulated deficit	(15,836)	(15,137)
Total stockholder's equity	1,000	969
Ferrellgas, L.P. [Member]
Current assets:
Cash and cash equivalents	7,368,000	8,283,000
Accounts and notes receivable, net	189,569,000	178,602,000
Inventories	98,636,000	145,969,000
Prepaid expenses and other current assets	45,360,000	32,079,000
Total current assets	340,933,000	364,933,000
Property, plant and equipment, net	614,287,000	611,787,000
Goodwill	285,436,000	273,210,000
Intangible assets, net	300,663,000	276,171,000
Other assets, net	49,341,000	43,732,000
Total assets	1,590,660,000	1,569,833,000
Current liabilities:
Accounts payable	54,164,000	69,360,000
Short-term borrowings	0	69,519,000
Collateralized note payable	117,000,000	91,000,000
Other current liabilities	140,265,000	123,153,000
Total current liabilities	311,429,000	353,032,000
Long-term debt	1,162,392,000	1,110,214,000
Other liabilities	34,458,000	36,662,000
Contingencies and commitments
Partners' capital (deficit)
Common unitholders	108,781,000	63,024,000
General partner unitholder	1,111,000	643,000
Accumulated other comprehensive income	(27,511,000)	6,258,000
Total partners' capital (deficit)	82,381,000	69,925,000
Total liabilities and partners' capital (deficit)	1,590,660,000	1,569,833,000
Ferrellgas Finance Corp. [Member]
Current assets:
Cash	1,100	1,100
Total assets	1,100	1,100
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	53,267	49,159
Accumulated deficit	(53,167)	(49,059)
Total stockholder's equity	$ 1,100	$ 1,100

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Accounts receivable pledged as collateral	$ 182,305	$ 159,003
Property, plant and equipment accumulated depreciation	633,243	626,831
Intangible assets accumulated amortization	364,733	370,108
Common unitholders, units outstanding	82,717,620	81,228,237
General partner unitholder, units outstanding	835,532	820,487
Ferrellgas Partners Finance Corp. [Member]
Common stock, par value	$ 1.00	$ 1.00
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	182,305	159,003
Property, plant and equipment accumulated depreciation	633,243	626,831
Intangible assets accumulated amortization	$ 364,733	$ 370,108
Ferrellgas Finance Corp. [Member]
Common stock, par value	$ 1.00	$ 1.00
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 Earnings (USD $)	3 Months Ended		9 Months Ended
Consolidated Statements Of Earnings (USD $)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Revenues:
Propane and other gas liquids sales	$ 445,667,000	$ 625,117,000	$ 1,400,895,000	$ 1,796,786,000
Other	86,884,000	97,000,000	240,984,000	210,044,000
Total revenues	532,551,000	722,117,000	1,641,879,000	2,006,830,000
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	253,684,000	422,256,000	849,190,000	1,232,516,000
Cost of product sold - other	59,586,000	69,388,000	153,736,000	131,443,000
Operating expense	107,504,000	115,089,000	321,146,000	337,135,000
Depreciation and amortization expense	23,324,000	20,913,000	70,576,000	61,771,000
General and administrative expense	10,902,000	16,860,000	45,169,000	47,749,000
Equipment lease expense	6,347,000	4,638,000	17,674,000	12,978,000
Non-cash employee stock ownership plan compensation charge	8,566,000	3,710,000	16,728,000	10,389,000
Loss on disposal of assets	2,203,000	1,732,000	4,578,000	3,426,000
Operating income	60,435,000	67,531,000	163,082,000	169,423,000
Interest expense	(23,510,000)	(20,189,000)	(71,797,000)	(64,372,000)
Loss on extinguishment of debt	0	0	0	(21,202,000)
Other income, net	212,000	225,000	(415,000)	498,000
Earnings before income taxes	37,137,000	47,567,000	90,870,000	84,347,000
Income tax expense	917,000	1,677,000	1,448,000	2,391,000
Net Earnings (Loss)	36,220,000	45,890,000	89,422,000	81,956,000
Net earnings attributable to noncontrolling interest	408,000	505,000	1,027,000	950,000
Net earnings attributable to Ferrellgas Partners, L.P.	35,812,000	45,385,000	88,395,000	81,006,000
Less: General partner's interest in net earnings	358,000	454,000	884,000	810,000
Common unitholders' interest in net earnings	35,454,000	44,931,000	87,511,000	80,196,000
Basic and diluted net earnings per common unitholders' interest	$ 0.43	$ 0.57	$ 1.06	$ 1.01
Cash distributions declared per common unit	$ 0.50	$ 0.50	$ 1.50	$ 1.50
Ferrellgas Partners Finance Corp. [Member]
Costs and expenses:
General and administrative expense	549	125	699	175
Net Earnings (Loss)	(549)	(125)	(699)	(175)
Ferrellgas, L.P. [Member]
Revenues:
Propane and other gas liquids sales	445,667,000	625,117,000	1,400,895,000	1,796,786,000
Other	86,884,000	97,000,000	240,984,000	210,044,000
Total revenues	532,551,000	722,117,000	1,641,879,000	2,006,830,000
Costs and expenses:
Cost of product sold - propane and other gas liquids sales	253,684,000	422,256,000	849,190,000	1,232,516,000
Cost of product sold - other	59,586,000	69,388,000	153,736,000	131,443,000
Operating expense	107,418,000	115,014,000	321,063,000	337,180,000
Depreciation and amortization expense	23,324,000	20,913,000	70,576,000	61,771,000
General and administrative expense	10,902,000	16,860,000	45,169,000	47,749,000
Equipment lease expense	6,347,000	4,638,000	17,674,000	12,978,000
Non-cash employee stock ownership plan compensation charge	8,566,000	3,710,000	16,728,000	10,389,000
Loss on disposal of assets	2,203,000	1,732,000	4,578,000	3,426,000
Operating income	60,521,000	67,606,000	163,165,000	169,378,000
Interest expense	(19,476,000)	(16,146,000)	(59,695,000)	(52,242,000)
Loss on extinguishment of debt	0	0	0	(21,202,000)
Other income, net	212,000	225,000	(415,000)	498,000
Earnings before income taxes	41,257,000	51,685,000	103,055,000	96,432,000
Income tax expense	853,000	1,632,000	1,379,000	2,346,000
Net Earnings (Loss)	40,404,000	50,053,000	101,676,000	94,086,000
Ferrellgas Finance Corp. [Member]
Costs and expenses:
General and administrative expense	548	125	4,108	4,965
Net Earnings (Loss)	$ (548)	$ (125)	$ (4,108)	$ (4,965)

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
Consolidated Statements of Comprehensive Income (USD $)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Net earnings	$ 36,220,000	$ 45,890,000	$ 89,422,000	$ 81,956,000
Other comprehensive income (loss):
Change in value of risk management derivatives	7,919,000	660,000	(51,105,000)	17,047,000
Reclassification of derivative gains and losses to earnings	10,907,000	(3,885,000)	17,338,000	(8,640,000)
Foreign currency translation adjustment	0	(38,000)	(2,000)	(173,000)
Other comprehensive income (loss)	18,826,000	(3,263,000)	(33,769,000)	8,234,000
Comprehensive income	55,046,000	42,627,000	55,653,000	90,190,000
Less: Comprehensive income attributable to noncontrolling interest	598,000	472,000	686,000	1,033,000
Comprehensive income attributable to Ferrellgas Partners, LP	54,448,000	42,155,000	54,967,000	89,157,000
Ferrellgas, L.P. [Member]
Net earnings	40,404,000	50,053,000	101,676,000	94,086,000
Other comprehensive income (loss):
Change in value of risk management derivatives	7,919,000	660,000	(51,105,000)	17,047,000
Reclassification of derivative gains and losses to earnings	10,907,000	(3,885,000)	17,338,000	(8,640,000)
Foreign currency translation adjustment	0	(38,000)	(2,000)	(173,000)
Other comprehensive income (loss)	18,826,000	(3,263,000)	(33,769,000)	8,234,000
Comprehensive income	$ 59,230,000	$ 46,790,000	$ 67,907,000	$ 102,320,000

- Definition

Amount after tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss).

+ References+ Details

Consolidated Statements Of Partners' Capital (Deficit) (USD $)	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 at Jul. 31, 2014	$ (111,646,000)	$ 6,181,000	$ (112,366,000)	$ 720,000	$ (57,893,000)	$ (60,654,000)	$ 69,925,000	$ 6,258,000	$ 63,024,000	$ 643,000
Partners' capital balance (in units) at Jul. 31, 2014					81,228,200	820,500
Increase (Decrease) in Partners' Capital [Roll Forward]
Contributions in connection with non-cash ESOP and stock and unit-based compensation charges	36,429,000		36,061,000	368,000	35,700,000	361,000	36,429,000		36,061,000	368,000
Distributions	(126,686,000)		(125,328,000)	(1,358,000)	(124,074,000)	(1,254,000)	(134,535,000)		(133,177,000)	(1,358,000)
Issuance of common units in connection with acquisitions - units					1,489,400	15,100
Issuance of common units in connection with acquisitions - value	42,895,000		42,464,000	431,000	42,039,000	425,000
Contributions from partners							42,655,000		42,224,000	431,000
Net earnings	89,422,000		88,395,000	1,027,000	87,511,000	884,000	101,676,000		100,649,000	1,027,000
Other comprehensive income (loss)	(33,769,000)	(33,428,000)	(33,428,000)	(341,000)			(33,769,000)	(33,769,000)
Partners' capital balance at Apr. 30, 2015	(103,355,000)	(27,247,000)	(104,202,000)	847,000	(16,717,000)	(60,238,000)	82,381,000	(27,511,000)	108,781,000	1,111,000
Partners' capital balance (in units) at Apr. 30, 2015					82,717,600	835,600
Partners' capital balance at Jan. 31, 2015
Increase (Decrease) in Partners' Capital [Roll Forward]
Net earnings	36,220,000						40,404,000
Other comprehensive income (loss)	18,826,000						18,826,000
Partners' capital balance at Apr. 30, 2015	$ (103,355,000)						$ 82,381,000

Consolidated Statements Of Cash Flows (USD $)	9 Months Ended
Consolidated Statements Of Cash Flows (USD $)	Apr. 30, 2015	Apr. 30, 2014
Cash flows provided by (used in) operating activities:
Net earnings (loss)	$ 89,422,000	$ 81,956,000
Reconciliation of net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization expense	70,576,000	61,771,000
Non-cash employee stock ownership plan compensation charge	16,728,000	10,389,000
Non-cash stock-based compensation charge	19,701,000	16,182,000
Loss on disposal of assets	4,578,000	3,426,000
Non-cash loss on extinguishment of debt	0	6,526,000
Change in fair value of contingent consideration	(6,300,000)	0
Provision for doubtful accounts	3,194,000	3,797,000
Deferred tax expense	102,000	197,000
Other	2,731,000	4,368,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(14,073,000)	(120,224,000)
Inventories	47,159,000	6,425,000
Prepaid expenses and other current assets	(17,675,000)	(6,028,000)
Accounts payable	(15,001,000)	29,193,000
Accrued interest expense	20,045,000	13,760,000
Other current liabilities	(19,127,000)	(5,141,000)
Other assets and liabilities	(6,996,000)	(2,718,000)
Net cash provided by (used in) operating activities	195,064,000	103,879,000
Cash flows provided by (used in) investing activities:
Business acquisitions, net of cash acquired	(68,902,000)	(7,077,000)
Capital expenditures	(51,321,000)	(41,222,000)
Proceeds from sale of assets	4,060,000	3,267,000
Other	0	(24,000)
Net cash used in investing activities	(116,163,000)	(45,056,000)
Cash flows provided by (used in) financing activities:
Distributions	(125,328,000)	(119,901,000)
Proceeds from issuance of long-term debt	107,951,000	459,952,000
Payments on long-term debt	(60,216,000)	(363,058,000)
Net additions to (reductions in) short-term borrowings	(69,519,000)	27,902,000
Net additions to collateralized short-term borrowings	26,000,000	73,000,000
Cash paid for financing costs	(204,000)	(7,925,000)
Proceeds from (Payments to) Noncontrolling Interests	(927,000)	(1,298,000)
Proceeds from exercise of common unit options	91,000	605,000
Proceeds from Issuance of Common Limited Partners Units	41,948,000	0
Contributions from partners	425,000	6,000
Net cash provided by (used in) financing activities	(79,779,000)	69,283,000
Effect of exchange rate changes on cash	(2,000)	(173,000)
Net change in cash and cash equivalents	(880,000)	127,933,000
Cash and cash equivalents - beginning of period	8,289,000	6,464,000
Cash and cash equivalents - end of period	7,409,000	134,397,000
Ferrellgas Partners Finance Corp. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	(699)	(175)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Net cash provided by (used in) operating activities	(699)	(175)
Cash flows provided by (used in) financing activities:
Capital contribution	730	175
Net cash provided by (used in) financing activities	730	175
Net change in cash	31	0
Cash - beginning of period	969	969
Cash - end of period	1,000	969
Ferrellgas, L.P. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	101,676,000	94,086,000
Reconciliation of net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization expense	70,576,000	61,771,000
Non-cash employee stock ownership plan compensation charge	16,728,000	10,389,000
Non-cash stock-based compensation charge	19,701,000	16,182,000
Loss on disposal of assets	4,578,000	3,426,000
Non-cash loss on extinguishment of debt	0	6,526,000
Change in fair value of contingent consideration	(6,300,000)	0
Provision for doubtful accounts	3,194,000	3,797,000
Deferred tax expense	102,000	197,000
Other	2,402,000	4,010,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(14,073,000)	(120,224,000)
Inventories	47,159,000	6,425,000
Prepaid expenses and other current assets	(17,621,000)	(6,014,000)
Accounts payable	(15,001,000)	29,193,000
Accrued interest expense	16,121,000	9,838,000
Other current liabilities	(19,128,000)	(5,091,000)
Other assets and liabilities	(6,996,000)	(2,718,000)
Net cash provided by (used in) operating activities	203,118,000	111,793,000
Cash flows provided by (used in) investing activities:
Business acquisitions, net of cash acquired	(68,902,000)	(7,092,000)
Capital expenditures	(51,321,000)	(41,222,000)
Proceeds from sale of assets	4,060,000	3,267,000
Other	0	(24,000)
Net cash used in investing activities	(116,163,000)	(45,071,000)
Cash flows provided by (used in) financing activities:
Distributions	(134,535,000)	(129,054,000)
Proceeds from issuance of long-term debt	107,951,000	459,952,000
Payments on long-term debt	(60,216,000)	(363,058,000)
Net additions to (reductions in) short-term borrowings	(69,519,000)	27,902,000
Net additions to collateralized short-term borrowings	26,000,000	73,000,000
Cash paid for financing costs	(204,000)	(7,925,000)
Contributions from partners	42,655,000	606,000
Net cash provided by (used in) financing activities	(87,868,000)	61,423,000
Effect of exchange rate changes on cash	(2,000)	(173,000)
Net change in cash and cash equivalents	(915,000)	127,972,000
Cash and cash equivalents - beginning of period	8,283,000	6,307,000
Cash and cash equivalents - end of period	7,368,000	134,279,000
Ferrellgas Finance Corp. [Member]
Cash flows provided by (used in) operating activities:
Net earnings (loss)	(4,108)	(4,965)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Net cash provided by (used in) operating activities	(4,108)	(4,965)
Cash flows provided by (used in) financing activities:
Capital contribution	4,108	4,965
Net cash provided by (used in) financing activities	4,108	4,965
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 Formation

9 Months Ended

Apr. 30, 2015

Partnership Organization And Formation

Partnership organization and formation

Ferrellgas Partners, L.P. (“Ferrellgas Partners”) 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 April 30, 2015, 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 a 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. 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 reportable business segment activities:

•

Propane 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 salt water disposal wells in the Eagle Ford shale region of south Texas. Salt water disposal wells are a critical component of the oil and natural gas well drilling industry. Oil and natural gas wells generate significant volumes of salt water. In the oil and gas fields we service, these volumes of water are transported by truck away from the fields to salt water disposal wells where a combination of gravity and chemicals are used to separate crude oil that is dissolved in the salt water through a process that results in the collection of "skimming oil". This skimming oil is then captured and sold before the salt water is injected into underground geologic formations using high-pressure pumps.

Due to seasonality, the results of operations for the nine months ended April 30, 2015 and 2014 are not necessarily indicative of the results to be expected for a full fiscal year.

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. 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 2014.

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 statement 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 as well as 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 reportable business segment activities:

•

Due to seasonality, the results of operations for the nine months ended April 30, 2015 and 2014 are not necessarily indicative of the results to be expected for a full fiscal year.

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. 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 2014.

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 Finance Corp. has nominal assets, does not conduct any operations and has no employees.

Summary Of Significant Accounting Policies

9 Months Ended

Apr. 30, 2015

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 condensed 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, 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. 2015-02

In February 2015, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2015-02 (ASU 2015-02), "Consolidation: Amendments to the Consolidation Analysis," which provides additional guidance on the consolidation of limited partnerships and on the evaluation of variable interest entities. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. Ferrellgas is currently evaluating the impact of our pending adoption of ASU 2015-02 on our consolidated financial statements.

FASB Accounting Standard Update No. 2015-03

In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying value of the debt liability. ASU 2015-03 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, with early adoption permitted, and retrospective application required. Ferrellgas is currently evaluating the impact of our pending adoption of ASU 2015-03 on our consolidated financial statements.

(3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:



	For the nine months ended April 30,
	2015		2014
CASH PAID FOR:
Interest	$	49,021	$	48,888
Income taxes	$	333	$	403
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of common units in connection with acquisitions	$	—	$	1,500
Liabilities incurred in connection with acquisitions	$	—	$	887
Change in accruals for property, plant and equipment additions	$	1,316	$	1,318

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 condensed 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, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, valuation methods used to value intangibles and goodwill in business combinations, allowance for doubtful accounts, fair value of reporting units, fair value of derivative contracts, and stock based compensation calculations.

(2) New accounting standards:

FASB Accounting Standard Update No. 2015-02

In February 2015, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2015-02 (ASU 2015-02), "Consolidation: Amendments to the Consolidation Analysis," which provides additional guidance on the consolidation of limited partnerships and on the evaluation of variable interest entities. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2015-02 on our consolidated financial statements.

FASB Accounting Standard Update No. 2015-03

In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying value of the debt liability. ASU 2015-03 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, with early adoption permitted, and retrospective application required. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2015-03 on our consolidated financial statements.

(3) Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas, L.P. considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:



	For the nine months ended April 30,
	2015		2014
CASH PAID FOR:
Interest	$	41,172	$	40,394
Income taxes	$	264	$	358
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Assets contributed from Ferrellgas Partners in connection with acquisitions	$	—	$	1,500
Liabilities incurred in connection with acquisitions	$	—	$	887
Change in accruals for property, plant and equipment additions	$	1,316	$	1,318

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Supplemental Financial Statement Information

9 Months Ended

Apr. 30, 2015

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:



	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

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 April 30, 2015, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 51.0 million gallons of propane at fixed prices.

Other current liabilities consist of the following:



	April 30, 2015		July 31, 2014
Accrued interest	$	32,227	$	12,182
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,840		50,364
Other current liabilities	$	146,198	$	125,161

Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:



	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

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 April 30, 2015, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 51.0 million gallons of propane at fixed prices.

Other current liabilities consist of the following:



	April 30, 2015		July 31, 2014
Accrued interest	$	26,297	$	10,176
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,837		50,362
Other current liabilities	$	140,265	$	123,153

Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590

Accounts And Notes Receivable, Net And Accounts Receivable Securitization

9 Months Ended

Apr. 30, 2015

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:



	April 30, 2015			July 31, 2014
Accounts receivable pledged as collateral	$	182,305		$	159,003
Accounts receivable	12,764			24,108
Other	323			247
Less: Allowance for doubtful accounts	(5,823		)	(4,756		)
Accounts and notes receivable, net	$	189,569		$	178,602

At April 30, 2015, $182.3 million of trade accounts receivable were pledged as collateral against $117.0 million of collateralized notes payable due to the commercial paper conduit. At July 31, 2014, $159.0 million of trade accounts receivable were pledged as collateral against $91.0 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 April 30, 2015, the operating partnership had received cash proceeds of $117.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. As of July 31, 2014, the operating partnership had received cash proceeds of $91.0 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 2.1% and 2.1% as of April 30, 2015 and July 31, 2014, 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:



	April 30, 2015			July 31, 2014
Accounts receivable pledged as collateral	$	182,305		$	159,003
Accounts receivable	12,764			24,108
Other	323			247
Less: Allowance for doubtful accounts	(5,823		)	(4,756		)
Accounts and notes receivable, net	$	189,569		$	178,602

At April 30, 2015, $182.3 million of trade accounts receivable were pledged as collateral against $117.0 million of collateralized notes payable due to a commercial paper conduit. At July 31, 2014, $159.0 million of trade accounts receivable were pledged as collateral against $91.0 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 April 30, 2015, Ferrellgas, L.P. had received cash proceeds of $117.0 million from trade accounts receivables securitized, with no remaining capacity to receive additional proceeds. As of July 31, 2014, Ferrellgas, L.P. had received cash proceeds of $91.0 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 2.1% and 2.1% as of April 30, 2015 and July 31, 2014, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details

Debt	9 Months Ended
Debt	Apr. 30, 2015
Debt	Debt Short-term borrowings Ferrellgas classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of July 31, 2014, $69.5 million was classified as short-term borrowings. There were no short-term borrowings as of April 30, 2015. For further discussion see the secured credit facility section below. Secured credit facility As of April 30, 2015, Ferrellgas had total borrowings outstanding under its secured credit facility of $174.2 million, all of which was classified as long-term debt. As of July 31, 2014, Ferrellgas had total borrowings outstanding under its secured credit facility of $193.3 million, of which $123.8 million was classified as long-term debt. Additionally, Ferrellgas had $364.7 million and $350.4 million of available borrowing capacity under its secured credit facility as of April 30, 2015 and July 31, 2014, respectively. Borrowings outstanding at April 30, 2015 and July 31, 2014 under the secured credit facilities had weighted average interest rates of 3.5% and 3.4%, respectively. The obligations under the credit facility are secured by substantially all assets of the operating partnership, the general partner and certain subsidiaries of the operating partnership but specifically excluding (a) assets that are subject to the operating partnership’s accounts receivable securitization facility, (b) the general partner’s equity interest in Ferrellgas Partners and (c) equity interest in certain unrestricted subsidiaries. Such obligations are also guaranteed by the general partner and certain subsidiaries of the operating partnership. Letters of credit outstanding at April 30, 2015 totaled $61.1 million and were used primarily to secure insurance arrangements and, to a lesser extent, product purchases. Letters of credit outstanding at July 31, 2014 totaled $56.3 million and were used primarily to secure insurance arrangements and, to a lesser extent, product purchases. At April 30, 2015, Ferrellgas had remaining letter of credit capacity of $138.9 million. At July 31, 2014, Ferrellgas had remaining letter of credit capacity of $143.7 million.
Ferrellgas, L.P. [Member]
Debt	Debt Short-term borrowings Ferrellgas, L.P. classified a portion of its secured credit facility borrowings as short-term because it was used to fund working capital needs that management had intended to pay down within the 12 month period following each balance sheet date. As of July 31, 2014, $69.5 million was classified as short-term borrowings. There were no short-term borrowings as of April 30, 2015. For further discussion see the secured credit facility section below. Secured credit facility As of April 30, 2015, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $174.2 million, all of which was classified as long-term debt. As of July 31, 2014, Ferrellgas, L.P. had total borrowings outstanding under its secured credit facility of $193.3 million, of which $123.8 million was classified as long-term debt. Additionally, Ferrellgas had $364.7 million and $350.4 million of available borrowing capacity under its secured credit facility as of April 30, 2015 and July 31, 2014, respectively. Borrowings outstanding at April 30, 2015 and July 31, 2014 under the secured credit facilities had weighted average interest rates of 3.5% and 3.4%, 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 interest 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 April 30, 2015 totaled $61.1 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. Letters of credit outstanding at July 31, 2014 totaled $56.3 million and were used primarily to secure insurance arrangements and to a lesser extent, product purchases. At April 30, 2015, Ferrellgas, L.P. had remaining letter of credit capacity of $138.9 million. At July 31, 2014 Ferrellgas, L.P. had remaining letter of credit capacity of $143.7 million.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

Partners' Capital

9 Months Ended

Apr. 30, 2015

Partners' Capital

Partners' deficit

Partnership distributions paid

Ferrellgas Partners has paid the following distributions:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Public common unitholders	$	27,791	$	26,556	$	83,370	$	79,588
Ferrell Companies (1)	11,265		10,735		33,795		32,205
FCI Trading Corp. (2)	98		98		294		294
Ferrell Propane, Inc. (3)	26		26		78		78
James E. Ferrell (4)	2,179		2,179		6,537		6,537
General partner	418		400		1,254		1,199
	$	41,777	$	39,994	$	125,328	$	119,901

(1) Ferrell Companies is the owner of the general partner and is an approximate 27.2% direct owner of Ferrellgas Partners' common units and thus a related party.

(2) FCI Trading Corp. is an affiliate of the general partner and thus a related party.

(3) Ferrell Propane, Inc. is controlled by the general partner and thus a related party.

(4) James E. Ferrell is the Chairman of the Board of Directors of the general partner and a related party.

On May 22, 2015, Ferrellgas Partners declared a cash distribution of $0.50 per common unit for the three months ended April 30, 2015, which is expected to be paid on June 12, 2015. Included in this cash distribution are the following amounts to be paid to related parties:



Ferrell Companies	$	11,265
FCI Trading Corp.	98
Ferrell Propane, Inc.	26
James E. Ferrell	2,179
General partner	418

See additional discussions about transactions with related parties in Note I – Transactions with related parties.

Common unit issuances

During September 2014, in a non-brokered registered direct offering, which units are subject to certain contractual transfer restrictions, Ferrellgas issued to Ferrell Companies, Inc. and the former owners of two salt water disposal wells from C&E Production, LLC ("C&E") and its affiliates an aggregate of 1.5 million common units for an aggregate purchase price of $42.0 million. Ferrellgas used these proceeds to pay down a portion of the borrowing under the secured credit facility used to fund the C&E salt water disposal wells acquisition as well as propane and related equipment sales acquisitions completed in fiscal 2014.

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 nine months ended April 30, 2015 and 2014.

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 nine months ended April 30, 2015, the general partner made cash contributions of $0.9 million and non-cash contributions of $0.7 million to Ferrellgas to maintain its effective 2% general partner interest.

During the nine months ended April 30, 2014, the general partner made non-cash contributions of $0.5 million to Ferrellgas to maintain its effective 2% general partner interest.

Ferrellgas, L.P. [Member]

Partners' Capital

Partners’ capital

Partnership distributions paid

Ferrellgas, L.P. has paid the following distributions:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Ferrellgas Partners	$	41,777	$	39,994	$	133,177	$	127,750
General partner	426		408		1,358		1,304
	$	42,203	$	40,402	$	134,535	$	129,054

On May 22, 2015, Ferrellgas, L.P. declared distributions for the three months ended April 30, 2015 to Ferrellgas Partners and the general partner of $49.6 million and $0.5 million, respectively, which are expected to be paid on June 12, 2015.

During nine months ended April 30, 2015, Ferrellgas, L.P. received cash contributions of $42.2 million from Ferrellgas Partners. The proceeds were used to reduce outstanding indebtedness under Ferrellgas, L.P.’s secured credit facility.

See additional discussions about transactions with related parties in Note I – Transactions with related parties.

Accumulated other comprehensive income (loss) (“AOCI”)

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 nine months ended April 30, 2015, the general partner made cash contributions of $0.4 million and non-cash contributions of $0.4 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.

During the nine months ended April 30, 2014, the general partner made non-cash contributions of $0.3 million to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.

- Definition

The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units.

+ References+ Details

Fair Value Measurements

9 Months Ended

Apr. 30, 2015

Fair Value Measurements

Fair value measurements

Derivative financial instruments and contingent consideration

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 April 30, 2015 and July 31, 2014:



	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
April 30, 2015:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,145		$	—		$	2,145
Commodity derivatives	$	—	$	5,083		$	—		$	5,083
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(3,689	)	$	—		$	(3,689	)
Commodity derivatives	$	—	$	(27,236	)	$	—		$	(27,236	)
Contingent consideration	$	—	$	—		$	(100	)	$	(100	)

July 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,101		$	—		$	2,101
Commodity derivatives	$	—	$	7,006		$	—		$	7,006
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(5,075	)	$	—		$	(5,075	)
Commodity derivatives	$	—	$	(83	)	$	—		$	(83	)
Contingent consideration	$	—	$	—		$	(6,400	)	$	(6,400	)

The following is a reconciliation of the opening and closing balances for the liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period ended April 30, 2015:



	Contingent consideration liability
Balance at July 31, 2014	$	6,400
Increase in fair value related to accretion	400
Change in fair value included in earnings	(6,700		)
Balance at April 30, 2015	$	100

Quantitative information about Level 3 fair value measurements

Fair value at April 30, 2015

Valuation technique

Unobservable input

Range

Weighted average

Contingent consideration liability

100

Discounted cash flow

Weighted average cost of capital (WACC)

N/A

Probability of forecast

5% - 80%

N/A

The valuation of the contingent consideration is based on unobservable inputs such as Ferrellgas' weighted average cost of capital and the likelihood of the acquired company meeting earnings thresholds. As of April 30, 2015, fluctuations in these inputs could have the following effect (in thousands):



	Increase/(decrease)
	5% increase in WACC			5% decrease in WACC		10% increase in best earnings forecast probability		10% decrease in best earnings forecast probability
Change in the fair value of contingent consideration	$	(10	)	$	100	$	180	$	(100	)

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.

The fair value of Ferrellgas' contingent consideration for the acquisition of Sable Environmental, LLC and Sable SWD 2, LLC (collectively, "Sable"), which was completed in May 2014, is based upon our estimate of the likelihood that the target EBITDA metric will be met and exceeded and the amount by which it could be exceeded then discounting that value at a risk- and inflation-adjusted rate. The inputs to this model are the likelihood of meeting and exceeding the target EBITDA metric and discount rate. Management and Sable's sellers prepared an operating forecast based on Sable's operating capacities, historical performance, and projected oil and water volumes and set a target EBITDA metric. Management then assessed the likelihood of this target EBITDA metric being achieved and exceeded and assigned probabilities to various potential outcomes. To determine the appropriate discount rate, management used observable inputs such as inflation rates, short and long-term yields for U.S. government securities and our nonperformance risk. Due to the significant unobservable inputs required in this measurement, management determined that the fair value measurement of the contingent consideration liability is level 3 in the fair value hierarchy.

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 April 30, 2015 and July 31, 2014, the estimated fair value of Ferrellgas’ long-term debt instruments was $1,365.4 million and $1,408.2 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 and contingent consideration

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 April 30, 2015 and July 31, 2014:



	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
April 30, 2015:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,145		$	—		$	2,145
Commodity derivatives	$	—	$	5,083		$	—		$	5,083
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(3,689	)	$	—		$	(3,689	)
Commodity derivatives	$	—	$	(27,236	)	$	—		$	(27,236	)
Contingent consideration	$	—	$	—		$	(100	)	$	(100	)

July 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,101		$	—		$	2,101
Commodity derivatives	$	—	$	7,006		$	—		$	7,006
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(5,075	)	$	—		$	(5,075	)
Commodity derivatives	$	—	$	(83	)	$	—		$	(83	)
Contingent consideration	$	—	$	—		$	(6,400	)	$	(6,400	)



	Contingent consideration liability
Balance at July 31, 2014	$	6,400
Increase in fair value related to accretion	400
Change in fair value included in earnings	(6,700		)
Balance at April 30, 2015	$	100

Quantitative information about Level 3 fair value measurements

Fair value at April 30, 2015

Valuation technique

Unobservable input

Range

Weighted average

Contingent consideration liability

100

Discounted cash flow

Weighted average cost of capital (WACC)

N/A

Probability of forecast

5% - 80%

N/A

The valuation of the contingent consideration is based on unobservable inputs such as Ferrellgas, L.P.'s weighted average cost of capital and the likelihood of the acquired company meeting earnings thresholds. As of April 30, 2015, fluctuations in these inputs could have the following effect (in thousands):



	Increase/(decrease)
	5% increase in WACC			5% decrease in WACC		10% increase in best earnings forecast probability		10% decrease in best earnings forecast probability
Change in the fair value of contingent consideration	$	(10	)	$	100	$	180	$	(100	)

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.

The fair value of Ferrellgas, L.P.'s contingent consideration for the acquisition of Sable Environmental, LLC and Sable SWD 2, LLC (collectively, "Sable"), which was completed May 2014, is based upon our estimate of the likelihood that the target EBITDA metric will be met and exceeded and the amount by which it could be exceeded then discounting that value at a risk- and inflation-adjusted rate. The inputs to this model are the likelihood of meeting and exceeding the target EBITDA metric and discount rate. Management and Sable's sellers prepared an operating forecast based on Sable's operating capacities, historical performance, and projected oil and water volumes and set a target EBITDA metric. Management then assessed the likelihood of this target EBITDA metric being achieved and exceeded and assigned probabilities to various potential outcomes. To determine the appropriate discount rate, management used observable inputs such as inflation rates, short and long-term yields for U.S. government securities and our nonperformance risk. Due to the significant unobservable inputs required in this measurement, management determined that the fair value measurement of the contingent consideration liability is level 3 in the fair value hierarchy.

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 April 30, 2015 and July 31, 2014, the estimated fair value of Ferrellgas, L.P.’s long-term debt instruments was $1,175.7 million and $1,215.3 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.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References+ Details

Derivative Instruments and Hedging Activities

9 Months Ended

Apr. 30, 2015

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 activities

During the nine months ended April 30, 2015 Ferrellgas recognized a $0.2 million loss related to hedge ineffectiveness. During the nine months ended April 30, 2014 Ferrellgas did not recognize any gain or loss in earnings related to hedge ineffectiveness.

The following tables provide a summary of the fair value of derivatives in Ferrellgas’ condensed consolidated balance sheets as of April 30, 2015 and July 31, 2014:

April 30, 2015

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

1,550

Other current liabilities

20,709

Commodity derivatives

Other assets, net

1,893

Other liabilities

6,527

Interest rate swap agreements

Prepaid expenses and other current assets

1,950

Other current liabilities

1,660

Interest rate swap agreements

Other assets, net

195

Other liabilities

2,029

Derivatives not designated as hedging instruments

Commodity derivatives

Prepaid expenses and other current assets

734

Other current liabilities

—

Commodity derivatives

Other assets, net

906

Other liabilities

—

Total

7,228

Total

30,925

July 31, 2014

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

5,301

Other current liabilities

Commodity derivatives

Other assets, net

1,705

Other liabilities

—

Interest rate swap agreements

Prepaid expenses and other current assets

2,101

Other current liabilities

—

Interest rate swap agreements

Other assets, net

—

Other liabilities

5,075

Total

9,107

Total

5,158

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. The following tables provide a summary of cash margin deposit balances as of April 30, 2015 and July 31, 2014, respectively:



	April 30, 2015
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	16,542	Other current liabilities	$	15
	Other assets, net	5,279		Other liabilities	—
		$	21,821		$	15



	July 31, 2014
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	156	Other current liabilities	$	—
	Other assets, net	189		Other liabilities	—
		$	345		$	—

The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of earnings for the three and nine months ended April 30, 2015 and 2014 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 Gain Recognized on Derivative	For the three months ended April 30,				For the three months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	601	$	627	$	(2,275	)	$	(2,275	)



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the nine months ended April 30,				For the nine months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	1,408	$	1,948	$	(6,825	)	$	(9,915	)

The following tables provide a summary of the effect on Ferrellgas’ condensed consolidated statements of comprehensive income for the three and nine months ended April 30, 2015 and 2014 due to derivatives designated as cash flow hedging instruments:



	For the three months ended April 30, 2015
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI		Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	7,813	Cost of product sold- propane and other gas liquids sales	$	(10,907	)	$	—
Interest rate swap agreements	106		Interest expense	—			—
	$	7,919		$	(10,907	)	$	—



	For the three months ended April 30, 2014
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(165	)	Cost of product sold- propane and other gas liquids sales	$	(3,885	)	$	—
Interest rate swap agreements	825			Interest expense	—			—
	$	660			$	(3,885	)	$	—



	For the nine months ended April 30, 2015
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(47,855	)	Cost of product sold- propane and other gas liquids sales	$	(17,139	)	$	—
Interest rate swap agreements	(3,250		)	Interest expense	—			(199		)
	$	(51,105	)		$	(17,139	)	$	(199	)



	For the nine months ended April 30, 2014
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	17,298		Cost of product sold- propane and other gas liquids sales	$	8,640	$	—
Interest rate swap agreements	(251		)	Interest expense	—		—
	$	17,047			$	8,640	$	—

The following tables provide a summary of the effect on Ferrellgas' condensed consolidated statements of earnings for the three and nine months ended April 30, 2015 due to the change in fair value of derivatives not designated as hedging instruments:

The changes in derivatives included in AOCI for the nine months ended April 30, 2015 and 2014 were as follows:



	For the nine months ended April 30,
Gains and losses on derivatives included in AOCI	2015			2014
Beginning balance	$	6,483		$	2,066
Change in value of risk management commodity derivatives	(47,855		)	17,298
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales, net	17,139			(8,640		)
Change in value of risk management interest rate derivatives	(3,250		)	(251		)
Reclassification of gains and losses on interest rate hedges to interest expense	$	199		$	—
Ending balance	$	(27,284	)	$	10,473

Ferrellgas expects to reclassify net losses of approximately $19.2 million to earnings during the next 12 months. These net losses are expected to be offset by increased margins on propane sales commitments Ferrellgas has with its customers that qualify for the normal purchase normal sales exception.

During the nine months ended April 30, 2015 and 2014, Ferrellgas had no reclassifications to earnings 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 April 30, 2015, 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.

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 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 in the forms of letters of credit, parental guarantees or cash. Although Ferrellgas, L.P. has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties, the maximum amount of loss due to credit risk that, based upon the gross fair values of the derivative financial instruments, Ferrellgas would incur if these counterparties that make up the concentration failed to perform according to the terms of their contracts was $1.5 million at April 30, 2015.

Ferrellgas holds certain derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon the operating partnership’s debt rating. At April 30, 2015, there were $0.4 million of derivatives with credit-risk-related contingent features in a liability position for which Ferrellgas had no collateral posted in the normal course of business related to such derivatives.

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 nine months ended April 30, 2015 Ferrellgas, L.P. recognized a $0.2 million loss related to hedge ineffectiveness. During the nine months ended April 30, 2014 Ferrellgas, L.P. did not recognize any gain or loss in earnings related to hedge ineffectiveness.

The following tables provide a summary of the fair value of derivatives in Ferrellgas, L.P.’s condensed consolidated balance sheets as of April 30, 2015 and July 31, 2014:

April 30, 2015

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

1,550

Other current liabilities

20,709

Commodity derivatives

Other assets, net

1,893

Other liabilities

6,527

Interest rate swap agreements

Prepaid expenses and other current assets

1,950

Other current liabilities

1,660

Interest rate swap agreements

Other assets, net

195

Other liabilities

2,029

Derivatives not designated as hedging instruments

Commodity derivatives

Prepaid expenses and other current assets

734

Other current liabilities

—

Commodity derivatives

Other assets, net

906

Other liabilities

—

Total

7,228

Total

30,925

July 31, 2014

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

5,301

Other current liabilities

Commodity derivatives

Other assets, net

1,705

Other liabilities

—

Interest rate swap agreements

Prepaid expenses and other current assets

2,101

Other current liabilities

—

Interest rate swap agreements

Other assets, net

—

Other liabilities

5,075

Total

9,107

Total

5,158

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. The following tables provide a summary of cash margin deposit balances as of April 30, 2015 and July 31, 2014, respectively:



	April 30, 2015
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	16,542	Other current liabilities	$	15
	Other assets, net	5,279		Other liabilities	—
		$	21,821		$	15



	July 31, 2014
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	156	Other current liabilities	$	—
	Other assets, net	189		Other liabilities	—
		$	345		$	—

The following table provides a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of earnings for the nine months ended April 30, 2015 and 2014 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 Gain Recognized on Derivative	For the three months ended April 30,				For the three months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	601	$	627	$	(2,275	)	$	(2,275	)



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the nine months ended April 30,				For the nine months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	1,408	$	1,948	$	(6,825	)	$	(9,915	)

The following tables provide a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of comprehensive income for the nine months ended April 30, 2015 and 2014 due to derivatives designated as cash flow hedging instruments:



	For the three months ended April 30, 2015
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCL		Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCL		Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	7,813	Cost of product sold- propane and other gas liquids sales	$	(10,907	)	$	—
Interest rate swap agreements	106		Interest expense	—			—
	$	7,919		$	(10,907	)	$	—



	For the three months ended April 30, 2014
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(165	)	Cost of product sold- propane and other gas liquids sales	$	(3,885	)	$	—
Interest rate swap agreements	825			Interest expense	—			—
	$	660			$	(3,885	)	$	—



	For the nine months ended April 30, 2015
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(47,855	)	Cost of product sold- propane and other gas liquids sales	$	(17,139	)	$	—
Interest rate swap agreements	(3,250		)	Interest expense	—			(199		)
	$	(51,105	)		$	(17,139	)	$	(199	)

	For the nine months ended April 30, 2014
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	17,298		Cost of product sold- propane and other gas liquids sales	$	8,640		$	—
Interest rate swap agreements	(251		)	Interest expense	—			—
	$	17,047			$	8,640		$	—

The following tables provide a summary of the effect on Ferrellgas, L.P.'s condensed consolidated statements of earnings for the three and nine months ended April 30, 2015 due to the change in fair value of derivatives not designated as hedging instruments:

The changes in derivatives included in AOCI for the nine months ended April 30, 2015 and 2014 were as follows:



	For the nine months ended April 30,
Gains and losses on derivatives included in AOCI	2015			2014
Beginning balance	$	6,483		$	2,066
Change in value of risk management commodity derivatives	(47,855		)	17,298
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales, net	17,139			(8,640		)
Change in value of risk management interest rate derivatives	(3,250		)	(251		)
Reclassification of gains and losses on interest rate hedges to interest expense	$	199		$	—
Ending balance	$	(27,284	)	$	10,473

Ferrellgas, L.P. expects to reclassify net losses of approximately $19.2 million to earnings during the next 12 months. These net losses are expected to be offset by increased margins on propane sales commitments Ferrellgas, L.P. has with its customers that qualify for the normal purchase normal sales exception.

During the nine months ended April 30, 2015 and 2014, Ferrellgas, L.P. had no reclassifications to earnings 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 April 30, 2015, 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.

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, parental guarantees or cash. Although Ferrellgas, L.P. has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties, 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 if these counterparties that make up the concentration failed to perform according to the terms of their contracts was $1.5 million at April 30, 2015.

Ferrellgas, L.P. holds certain derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon the Ferrellgas, L.P.’s debt rating. At April 30, 2015, there were $0.4 million of derivatives with credit-risk-related contingent features in a liability position for which Ferrellgas, L.P. had no posted collateral in the normal course of business related to such derivatives.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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+ Details

Transactions With Related Parties

9 Months Ended

Apr. 30, 2015

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 earnings as follows:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	53,155	$	55,458	$	163,417	$	165,028

General and administrative expense	$	5,394	$	9,233	$	20,059	$	24,334

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 earnings as follows:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	53,155	$	55,458	$	163,417	$	165,028

General and administrative expense	$	5,394	$	9,233	$	20,059	$	24,334

See additional discussions about transactions with the general partner and related parties in Note F – Partners’ capital.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References+ Details

Contingencies And Commitments

9 Months Ended

Apr. 30, 2015

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. 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.

The Federal Trade Commission (“FTC”) initiated an investigation into certain practices related to the filling of portable propane cylinders. On March 27, 2014, the FTC filed an administrative complaint alleging that Ferrellgas and one of its competitors colluded in 2008 to persuade a customer to accept the cylinder fill reduction from 17 pounds to 15 pounds. The complaint did not seek monetary remedies. Ferrellgas reached a settlement with the FTC during the three months ended October 31, 2014 without any financial payment; the settlement has been approved by a vote of the Commission and became final after a public comment period.

Ferrellgas has also been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The complaints, filed on behalf of direct and indirect customers of Ferrellgas' tank exchange business, reference the FTC complaint mentioned above. The lawsuits 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 retailers 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. 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.

In addition, putative class action cases have been filed in California relating to residual propane remaining in the tank after use. 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 was named as a defendant in a putative class action lawsuit filed in the United States District Court in Kansas. The complaint was the subject of a motion to dismiss which was granted, in part, in August 2011. The surviving claims alleged breach of contract and breach of the implied duty of good faith and fair dealing, both of which allegedly arise from the existence of an oral contract for continuous propane service. Ferrellgas recently prevailed in a trial to determine whether the claims were required to be arbitrated, resulting in a dismissal of this case. There is no probable or reasonably estimable loss relating to this matter.

Ferrellgas Partners Finance Corp. [Member]

Contingencies And Commitments

Contingencies and commitments

The Finance Corp. serves as co-issuer and co-obligor for the Partnership's $182.0 million, 8.625% senior notes due 2020.

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. 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.

The Federal Trade Commission (“FTC”) initiated an investigation into certain practices related to the filling of portable propane cylinders. On March 27, 2014, the FTC filed an administrative complaint alleging that Ferrellgas, L.P. and one of its competitors colluded in 2008 to persuade a customer to accept the cylinder fill reduction from 17 pounds to 15 pounds. The complaint did not seek monetary remedies. Ferrellgas, L.P. reached a settlement with the FTC during the three months ended October 31, 2014 without any financial payment; the settlement has been approved by a vote of the Commission and became final after a public comment period.

Ferrellgas, L.P., has also been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The complaints, filed on behalf of direct and indirect customers of its tank exchange business, reference the FTC complaint mentioned above. The lawsuits 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 retailers 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. 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.

In addition, putative class action cases have been filed in California relating to residual propane remaining in the tank after use.

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. was named as a defendant in a putative class action lawsuit filed in the United States District Court in Kansas. The complaint was the subject of a motion to dismiss which was granted, in part, in August 2011. The surviving claims alleged breach of contract and breach of the implied duty of good faith and fair dealing, both of which allegedly arise from the existence of an oral contract for continuous propane service. Ferrellgas, L.P. recently prevailed in a trial to determine whether the claims were required to be arbitrated, resulting in a dismissal of this case. There is no probable or reasonably estimable loss relating to this matter.

Ferrellgas Finance Corp. [Member]

Contingencies And Commitments

Contingencies and commitments

The Finance Corp. serves as co-issuer and co-obligor for the following debt securities of the Partnership:


•	$500.0 million, 6.50% senior notes due 2021; and


•	$475.0 million, 6.75% senior notes due 2022.

See Note C - Subsequent events for discussion of the issuance of $500.0 million of 6.75% senior notes due 2023.

- Definition

The entire disclosure for commitments and contingencies.

+ References+ Details

Net Earnings (Loss) Per Common Unitholders' Interest

9 Months Ended

Apr. 30, 2015

Earnings Per Share [Abstract]

Net Earning Per Common Unitholders' Interest

Net earnings per common unitholders’ interest

Below is a calculation of the basic and diluted net earnings per common unitholders’ interest in the condensed consolidated statements of earnings 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 our 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 guidance based on basic and diluted net earnings per common unitholders' interest for the three months ended April 30, 2015 or 2014 and for the nine months ended April 30, 2015 or 2014.

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 April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
	(in thousands, except per unitholders' interest amounts)
Common unitholders’ interest in net earnings	$	35,454	$	44,931	$	87,511	$	80,196

Weighted average common units outstanding - basic	82,717.6		79,177.8		82,536.1		79,127.1
Dilutive securities	5.7		9.4		7.2		24.5
Weighted average common units outstanding - diluted	82,723.3		79,187.2		82,543.3		79,151.6

Basic and diluted net earnings per common unitholders’ interest	$	0.43	$	0.57	$	1.06	$	1.01

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Segment Reporting Segment Reporting

9 Months Ended

Apr. 30, 2015

Segment Reporting Disclosure

Segment reporting

During May 2014, Ferrellgas entered into a membership interest purchase agreement to acquire all of the issued and outstanding membership interests of Sable, a fluid logistics provider in the Eagle Ford shale region of south Texas. With this acquisition Ferrellgas established a new operating and reportable segment referred to as “Midstream Operations” in addition to the existing reportable segment of propane and related equipment sales. The chief operating decision maker evaluates the operating segments using an Adjusted EBITDA performance measure which is based on net earnings before income tax expense, interest expense, depreciation and amortization expense, non-cash employee stock ownership plan compensation charge, non-cash stock-based compensation charge, loss on disposal of assets, other income (expense), net, change in fair value of contingent consideration and litigation accrual and related legal fees associated with a class action lawsuit. This performance measure is not a GAAP measure but the components are computed using amounts that are determined in accordance with GAAP. A reconciliation of this performance measure to net earnings attributable to Ferrellgas Partners L.P., which is its nearest comparable GAAP measure, is included in the tables below. In management's evaluation of performance, certain costs, such as compensation for administrative staff and executive management, are not allocated by segment and, accordingly, the following reportable segment results do not include such unallocated costs. The accounting policies of the operating segments are otherwise the same as those described in the summary of significant accounting policies in Note B.

Assets reported within a segment are those assets that can be identified to a segment and primarily consist of trade receivables, property, plant and equipment, inventories, identifiable intangible assets and goodwill. Cash, certain prepaid assets and other assets are not allocated to segments. Although Ferrellgas can and does identify long-lived assets such as property, plant and equipment and identifiable intangible assets to reportable segments, Ferrellgas does not allocate the related depreciation and amortization to the segment as management evaluates segment performance exclusive of these non-cash charges.

The propane and related equipment sales segment primarily includes the distribution and sale of propane and related equipment and supplies with concentrations in the Midwest, Southeast, Southwest and Northwest regions of the United States. Sales from propane distribution are generated principally from transporting propane purchased from third parties to propane distribution locations and then to tanks on customers’ premises or to portable propane tanks delivered to nationwide and local retailers. Sales from portable tank exchanges, nationally branded under the name Blue Rhino, are generated through a network of independent and partnership-owned distribution outlets.

Salt water disposal wells are a critical component of the oil and natural gas well drilling industry. Oil and gas wells generate significant volumes of salt water known as “flowback” and “production” water. Flowback is a water based solution that flows back to the surface during and after the completion of the hydraulic fracturing (“fracking”) process whereby large volumes of water, sand and chemicals are injected under high pressures into rock formations to stimulate production. Flowback contains clays, chemicals, dissolved metal ions, total dissolved solids and crude oil. Production water is salt water from underground formations that are brought to the surface during the normal course of oil or gas production. Because this water has been in contact with hydrocarbon-bearing formations, it contains some of the chemical characteristics of the formations and crude oil. In the oil and gas fields we service, these volumes of water are transported by truck away from the fields to salt water disposal wells where a combination of gravity and chemicals are used to separate crude oil that is dissolved in the salt water through a process that results in the collection of "skimming oil". This skimming oil is then captured and sold before the salt water is injected into underground geologic formations using high-pressure pumps. Our revenue per barrel of salt water processed is derived from a blend of fees we charge our customers to dispose of salt water at our facilities and skimming oil sales.

Prior to the Sable acquisition in May 2014, Ferrellgas managed and evaluated its operations as a single reportable segment. As the current two reportable segment structure is the result of the Sable acquisition completed during May 2014, comparative historical segment information for fiscal 2014 does not exist.

Following is a summary of segment information for the three months ended April 30, 2015.



	Three months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	527,258	$	5,293	$	—		$	532,551
Direct costs (1)		422,837		4,871		8,570			436,278
Adjusted EBITDA	$	104,421	$	422	$	(8,570	)	$	96,273

Following is a summary of segment information for the nine months ended April 30, 2015.



	Nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	1,621,517	$	20,362	$	—		$	1,641,879
Direct costs (1)		1,329,648		14,741		29,928			1,374,317
Adjusted EBITDA	$	291,869	$	5,621	$	(29,928	)	$	267,562

(1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "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", "litigation accrual and related legal fees associated with a class action lawsuit", and "unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments".

Following is a reconciliation of Ferrellgas total segment performance measure to condensed consolidated net earnings:



	Three months ended April 30,			Nine months ended April 30,
	2015			2015

Net earnings attributable to Ferrellgas Partners, L.P.	$	35,812		$	88,395
Income tax expense		917			1,448
Interest expense		23,510			71,797
Depreciation and amortization expense		23,324			70,576
EBITDA		83,563			232,216
Non-cash employee stock ownership plan compensation charge		8,566			16,728
Non-cash stock-based compensation charge		3,271			19,701
Loss on disposal of assets		2,203			4,578
Other expense (income), net		(212	)		415
Change in fair value of contingent consideration		—			(6,300	)
Litigation accrual and related legal fees associated with a class action lawsuit		83			806
Unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments		(1,609	)		(1,609	)
Net earnings attributable to noncontrolling interest		408			1,027
Adjusted EBITDA	$	96,273		$	267,562

Following are total assets by segment:



	April 30,		July 31,
	2015		2014

Assets
Propane and related equipment sales	$	1,356,809	$	1,400,603
Midstream operations		199,593		136,116
Corporate and unallocated		36,455		35,551
Total consolidated assets	$	1,592,857	$	1,572,270

Following are capital expenditures by segment:



	For the nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other		Total



Maintenance	$	12,839	$	976	$	1,012	$	14,827
Growth		27,128		6,561		—		33,689
Total	$	39,967	$	7,537	$	1,012	$	48,516

Ferrellgas, L.P. [Member]

Segment Reporting Disclosure

Segment reporting

During May 2014, Ferrellgas, L.P. entered into a membership interest purchase agreement to acquire all of the issued and outstanding membership interests of Sable, a fluid logistics provider in the Eagle Ford shale region of south Texas. With this acquisition Ferrellgas, L.P. established a new operating and reportable segment referred to as “Midstream Operations” in addition to the existing reportable segment of propane and related equipment sales. The chief operating decision maker evaluates the operating segments using an Adjusted EBITDA performance measure which is based on net earnings before income tax expense, interest expense, depreciation and amortization expense, non-cash employee stock ownership plan compensation charge, non-cash stock-based compensation charge, loss on disposal of assets, other income (expense), net, change in fair value of contingent consideration and litigation accrual and related legal fees associated with a class action lawsuit. This performance measure is not a GAAP measure, however, the components are computed using amounts that are determined in accordance with GAAP. A reconciliation of this performance measure to net earnings, which is its nearest comparable GAAP measure, is included in the tables below. In management's evaluation of performance, certain costs, such as compensation for administrative staff and executive management, are not allocated by segment and, accordingly, the following reportable segment results do not include such unallocated costs. The accounting policies of the operating segments are otherwise the same as those described in the summary of significant accounting policies in Note B.

Assets reported within a segment are those assets that can be identified to a segment and primarily consist of trade receivables, property, plant and equipment, inventories, identifiable intangible assets and goodwill. Cash, certain prepaid assets and other assets are not allocated to segments. Although Ferrellgas, L.P. can and does identify long-lived assets such as property, plant and equipment and identifiable intangible assets to reportable segments, Ferrellgas, L.P. does not allocate the related depreciation and amortization to the segment as management evaluates segment performance exclusive of these non-cash charges.

Following is a summary of segment information for the three months ended April 30, 2015.



	Three months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	527,258	$	5,293	$	—		$	532,551
Direct costs (1)		422,751		4,871		8,570			436,192
Adjusted EBITDA	$	104,507	$	422	$	(8,570	)	$	96,359

Following is a summary of segment information for the nine months ended April 30, 2015.



	Nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	1,621,517	$	20,362	$	—		$	1,641,879
Direct costs (1)		1,329,565		14,741		29,928			1,374,234
Adjusted EBITDA	$	291,952	$	5,621	$	(29,928	)	$	267,645

(1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "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", "litigation accrual and related legal fees associated with a class action lawsuit" and "unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments".

Following is a reconciliation of Ferrellgas, L.P.'s total segment performance measure to condensed consolidated net earnings:



	Three months ended April 30,			Nine months ended April 30,
	2015			2015

Net earnings	$	40,404		$	101,676
Income tax expense		853			1,379
Interest expense		19,476			59,695
Depreciation and amortization expense		23,324			70,576
EBITDA		84,057			233,326
Non-cash employee stock ownership plan compensation charge		8,566			16,728
Non-cash stock-based compensation charge		3,271			19,701
Loss on disposal of assets		2,203			4,578
Other expense (income), net		(212	)		415
Change in fair value of contingent consideration		—			(6,300	)
Litigation accrual and related legal fees associated with a class action lawsuit		83			806
Unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments		(1,609	)		(1,609	)
Adjusted EBITDA	$	96,359		$	267,645

Following are total assets by segment:



	April 30,		July 31,
	2015		2014

Assets
Propane and related equipment sales	$	1,356,809	$	1,400,603
Midstream operations		199,593		136,116
Corporate and unallocated		34,258		33,114
Total consolidated assets	$	1,590,660	$	1,569,833

Following are capital expenditures by segment:



	For the nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other		Total



Maintenance	$	12,839	$	976	$	1,012	$	14,827
Growth		27,128		6,561		—		33,689
Total	$	39,967	$	7,537	$	1,012	$	48,516

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

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-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

+ Details

Subsequent Events	9 Months Ended
Subsequent Events	Apr. 30, 2015
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, other than as discussed below, there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements. On May 29, 2015, Ferrellgas Partners entered into a purchase and sale agreement with Bridger, LLC (“Bridger”) to acquire from Bridger all of the outstanding membership interests of Bridger Logistics, LLC (“Bridger Logistics") and its subsidiaries for approximately $562.5 million in cash, subject to certain post-closing adjustments for working capital, indebtedness and transaction expenses, and 11.2 million Ferrellgas Partners common units (“Bridger Logistics Acquisition”). Ferrellgas expects the Bridger Logistics Acquisition to close in July 2015, subject to customary closing conditions. However, there can be no assurance that the Bridger Logistics Acquisition will be completed. After the closing of the Bridger Logistics Acquisition, Ferrellgas Partners will contribute all of its interests in Bridger Logistics to the operating partnership and Bridger Logistics will be the operating partnership's wholly owned subsidiary. Bridger Logistics is a domestic crude oil transportation and logistics provider with an integrated portfolio of midstream assets, which connects crude production in prolific unconventional resource plays to downstream markets. Bridger Logistics’ truck, pipeline terminal, pipeline, rail and maritime assets form a comprehensive, fee-for-service business model, and it is expected substantially all of its cash flow will be generated from fee-based commercial agreements. Also on May 29, 2015, the operating partnership entered into an amendment to its secured credit agreement in order to facilitate the Bridger Logistics Acquisition and to amend certain covenants to (i) give pro forma effect to the contemplated issuance of the operating partnership's senior notes, the possible incurrence by the operating partnership of certain other indebtedness, the consummation of such acquisition and the contribution of such equity interests by Ferrellgas Partners to the operating partnership and (ii) permit the repayment of such senior notes and other indebtedness in accordance with the contemplated terms thereof in the event that such acquisition and contribution are not consummated by October 1, 2015. On June 8, 2015, Ferrellgas Partners issued 6.325 million new common units in an underwritten offering to the public. Ferrellgas Partners intends to use the net proceeds from this offering to fund a portion of the cash consideration for the Bridger Logistics Acquisition. Prior to closing the Bridger Logistics Acquisition, Ferrellgas may use the net proceeds from this offering to make short-term liquid investments at its discretion. If the Bridger Logistics Acquisition is not completed, Ferrellgas intends to use the net proceeds from this offering for working capital and other general partnership purposes. Also on June 8, 2015, the operating partnership issued $500.0 million in aggregate principal amount of new 6.75% senior notes due 2023 at an offering price equal to par. The notes were not registered and were offered and sold only to qualified institutional buyers as defined in Rule 144A under the Securities Act. The operating partnership received $491.3 million of net proceeds after deducting expenses of the offering. The operating partnership intends to distribute the net proceeds from this offering to Ferrellgas Partners to fund a portion of the cash consideration for the pending Bridger Logistics Acquisition. Prior to closing the Bridger Logistics Acquisition, the operating partnership may use the net proceeds from this offering to make short-term liquid investments at its discretion. Subsequent to closing, any excess borrowings from these financing transactions will be applied to pay down the outstanding balance of the secured credit facility. Subsequent events The Finance Corp. evaluated events and transactions occurring after the balance sheet date through the date the Finance Corp.’s condensed financial statements were issued and concluded that, other than the event discussed below, there were no events or transactions occurring during this period that require recognition or disclosure in its condensed financial statements. On June 8, 2015, the Partnership issued $500.0 million in aggregate principal amount of new 6.75% senior notes due 2023. The Finance Corp. serves as co-issuer and co-obligor for the issuance of these new senior notes. The Partnership intends to distribute the net proceeds from this offering to Ferrellgas Partners to fund a portion of the cash consideration for the pending Bridger Logistics Acquisition. Prior to closing the Bridger Logistics Acquisition, the Partnership may use the net proceeds from this offering to make short-term liquid investments at its discretion. Subsequent to closing, any excess borrowings from these financing transactions will be applied to pay down the outstanding balance of the Partnership's secured credit facility.
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, other than as discussed below, there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements. On May 29, 2015, Ferrellgas Partners entered into a purchase and sale agreement with Bridger, LLC (“Bridger”) to acquire from Bridger all of the outstanding membership interests of Bridger Logistics, LLC (“Bridger Logistics") and its subsidiaries for approximately $562.5 million in cash, subject to certain post-closing adjustments for working capital, indebtedness and transaction expenses, and 11.2 million Ferrellgas Partners common units (“Bridger Logistics Acquisition”). Ferrellgas expects the Bridger Logistics Acquisition to close in July 2015, subject to customary closing conditions. However, there can be no assurance that the Bridger Logistics Acquisition will be completed. After the closing of the Bridger Logistics Acquisition, Ferrellgas Partners will contribute all of its interests in Bridger Logistics to Ferrellgas, L.P. and Bridger Logistics will be the Ferrellgas, L.P.'s wholly owned subsidiary. Bridger Logistics is a domestic crude oil transportation and logistics provider with an integrated portfolio of midstream assets, which connects crude production in prolific unconventional resource plays to downstream markets. Bridger Logistics’ truck, pipeline terminal, pipeline, rail and maritime assets form a comprehensive, fee-for-service business model, and it is expected substantially all of its cash flow will be generated from fee-based commercial agreements. Also on May 29, 2015, the operating partnership entered into an amendment to its secured credit agreement in order to facilitate the Bridger Logistics Acquisition and to amend certain covenants to (i) give pro forma effect to the contemplated issuance of the Ferrellgas L.P.'s senior notes, the possible incurrence by Ferrellgas, L.P. of certain other indebtedness, the consummation of such acquisition and the contribution of such equity interests by Ferrellgas Partners to the operating partnership and (ii) permit the repayment of such senior notes and other indebtedness in accordance with the contemplated terms thereof in the event that such acquisition and contribution are not consummated by October 1, 2015. On June 8, 2015, Ferrellgas Partners issued 6.325 million new common units in an underwritten offering to the public. Ferrellgas Partners intends to use the net proceeds from this offering to fund a portion of the cash consideration for the Bridger Logistics Acquisition. Prior to closing the Bridger Logistics Acquisition, Ferrellgas may use the net proceeds from this offering to make short-term liquid investments at its discretion. If the Bridger Logistics Acquisition is not completed, Ferrellgas intends to use the net proceeds from this offering for working capital and other general partnership purposes. Also on June 8, 2015, Ferrellgas, L.P. issued $500.0 million in aggregate principal amount of new 6.75% senior notes due 2023 at an offering price equal to par. The notes were not registered and were offered and sold only to qualified institutional buyers as defined in Rule 144A under the Securities Act. Ferrellgas, L.P. received $491.3 million of net proceeds after deducting expenses of the offering. Ferrellgas L.P. intends to distribute the net proceeds from this offering to Ferrellgas Partners to fund a portion of the cash consideration for the pending Bridger Logistics Acquisition. Prior to closing the Bridger Logistics Acquisition, Ferrellgas may use the net proceeds from this offering to make short-term liquid investments at its discretion. Subsequent to closing, any excess borrowings from these financing transactions will be applied to pay down the outstanding balance of the secured credit facility.

Summary Of Significant Accounting Policies (Policy)

9 Months Ended

Apr. 30, 2015

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 condensed 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, 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. 2015-02

FASB Accounting Standard Update No. 2015-03

Cash equivalents

Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:



	For the nine months ended April 30,
	2015		2014
CASH PAID FOR:
Interest	$	49,021	$	48,888
Income taxes	$	333	$	403
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of common units in connection with acquisitions	$	—	$	1,500
Liabilities incurred in connection with acquisitions	$	—	$	887
Change in accruals for property, plant and equipment additions	$	1,316	$	1,318

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 condensed 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, residual values of tanks, capitalization of customer tank installation costs, amortization methods of intangible assets, valuation methods used to value sales returns and allowances, valuation methods used to value intangibles and goodwill in business combinations, allowance for doubtful accounts, fair value of reporting units, fair value of derivative contracts, and stock based compensation calculations.

New Accounting Pronouncements

New accounting standards:

FASB Accounting Standard Update No. 2015-02

In February 2015, the Financial Accounting Standards Board ("FASB") issued FASB Accounting Standard Update No. 2015-02 (ASU 2015-02), "Consolidation: Amendments to the Consolidation Analysis," which provides additional guidance on the consolidation of limited partnerships and on the evaluation of variable interest entities. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2015-02 on our consolidated financial statements.

FASB Accounting Standard Update No. 2015-03

In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, which requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying value of the debt liability. ASU 2015-03 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, with early adoption permitted, and retrospective application required. Ferrellgas, L.P. is currently evaluating the impact of our pending adoption of ASU 2015-03 on our consolidated financial statements.

Cash equivalents

Supplemental cash flow information: For purposes of the condensed consolidated statements of cash flows, Ferrellgas, L.P. considers cash equivalents to include all highly liquid debt instruments purchased with an original maturity of three months or less. Certain cash flow and significant non-cash activities are presented below:



	For the nine months ended April 30,
	2015		2014
CASH PAID FOR:
Interest	$	41,172	$	40,394
Income taxes	$	264	$	358
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Assets contributed from Ferrellgas Partners in connection with acquisitions	$	—	$	1,500
Liabilities incurred in connection with acquisitions	$	—	$	887
Change in accruals for property, plant and equipment additions	$	1,316	$	1,318

- Definition

Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.

+ References+ Details

Supplemental Financial Statement Information (Tables)

9 Months Ended

Apr. 30, 2015

Schedule of Inventories

Inventories consist of the following:



	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

Other Current Liabilities

Other current liabilities consist of the following:



	April 30, 2015		July 31, 2014
Accrued interest	$	32,227	$	12,182
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,840		50,364
Other current liabilities	$	146,198	$	125,161

Shipping And Handling Expenses

Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590

Ferrellgas, L.P. [Member]

Schedule of Inventories

Inventories consist of the following:



	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

Other Current Liabilities

Other current liabilities consist of the following:



	April 30, 2015		July 31, 2014
Accrued interest	$	26,297	$	10,176
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,837		50,362
Other current liabilities	$	140,265	$	123,153

Shipping And Handling Expenses

Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590

Partners' Capital (Tables)

9 Months Ended

Apr. 30, 2015

Cash distributions

Ferrellgas Partners has paid the following distributions:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Public common unitholders	$	27,791	$	26,556	$	83,370	$	79,588
Ferrell Companies (1)	11,265		10,735		33,795		32,205
FCI Trading Corp. (2)	98		98		294		294
Ferrell Propane, Inc. (3)	26		26		78		78
James E. Ferrell (4)	2,179		2,179		6,537		6,537
General partner	418		400		1,254		1,199
	$	41,777	$	39,994	$	125,328	$	119,901

Ferrellgas, L.P. [Member]

Cash distributions

Ferrellgas, L.P. has paid the following distributions:



	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Ferrellgas Partners	$	41,777	$	39,994	$	133,177	$	127,750
General partner	426		408		1,358		1,304
	$	42,203	$	40,402	$	134,535	$	129,054

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	$	11,265
FCI Trading Corp.	98
Ferrell Propane, Inc.	26
James E. Ferrell	2,179
General partner	418

Fair Value Measurement (Tables)

9 Months Ended

Apr. 30, 2015

Schedule of fair value assets and liabilities



	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
April 30, 2015:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,145		$	—		$	2,145
Commodity derivatives	$	—	$	5,083		$	—		$	5,083
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(3,689	)	$	—		$	(3,689	)
Commodity derivatives	$	—	$	(27,236	)	$	—		$	(27,236	)
Contingent consideration	$	—	$	—		$	(100	)	$	(100	)

July 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,101		$	—		$	2,101
Commodity derivatives	$	—	$	7,006		$	—		$	7,006
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(5,075	)	$	—		$	(5,075	)
Commodity derivatives	$	—	$	(83	)	$	—		$	(83	)
Contingent consideration	$	—	$	—		$	(6,400	)	$	(6,400	)

Level 3 fair value rollforward



	Contingent consideration liability
Balance at July 31, 2014	$	6,400
Increase in fair value related to accretion	400
Change in fair value included in earnings	(6,700		)
Balance at April 30, 2015	$	100

Quantitative information of unobservable inputs

Quantitative information about Level 3 fair value measurements

Fair value at April 30, 2015

Valuation technique

Unobservable input

Range

Weighted average

Contingent consideration liability

100

Discounted cash flow

Weighted average cost of capital (WACC)

N/A

Probability of forecast

5% - 80%

N/A

Sensitivity of unobservable inputs

As of April 30, 2015, fluctuations in these inputs could have the following effect (in thousands):



	Increase/(decrease)
	5% increase in WACC			5% decrease in WACC		10% increase in best earnings forecast probability		10% decrease in best earnings forecast probability
Change in the fair value of contingent consideration	$	(10	)	$	100	$	180	$	(100	)

Ferrellgas, L.P. [Member]

Schedule of fair value assets and liabilities



	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
April 30, 2015:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,145		$	—		$	2,145
Commodity derivatives	$	—	$	5,083		$	—		$	5,083
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(3,689	)	$	—		$	(3,689	)
Commodity derivatives	$	—	$	(27,236	)	$	—		$	(27,236	)
Contingent consideration	$	—	$	—		$	(100	)	$	(100	)

July 31, 2014:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	2,101		$	—		$	2,101
Commodity derivatives	$	—	$	7,006		$	—		$	7,006
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	—	$	(5,075	)	$	—		$	(5,075	)
Commodity derivatives	$	—	$	(83	)	$	—		$	(83	)
Contingent consideration	$	—	$	—		$	(6,400	)	$	(6,400	)

Level 3 fair value rollforward



	Contingent consideration liability
Balance at July 31, 2014	$	6,400
Increase in fair value related to accretion	400
Change in fair value included in earnings	(6,700		)
Balance at April 30, 2015	$	100

Quantitative information of unobservable inputs

Quantitative information about Level 3 fair value measurements

Fair value at April 30, 2015

Valuation technique

Unobservable input

Range

Weighted average

Contingent consideration liability

100

Discounted cash flow

Weighted average cost of capital (WACC)

N/A

Probability of forecast

5% - 80%

N/A

Sensitivity of unobservable inputs

As of April 30, 2015, fluctuations in these inputs could have the following effect (in thousands):



	Increase/(decrease)
	5% increase in WACC			5% decrease in WACC		10% increase in best earnings forecast probability		10% decrease in best earnings forecast probability
Change in the fair value of contingent consideration	$	(10	)	$	100	$	180	$	(100	)

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References+ Details

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Apr. 30, 2015

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 April 30, 2015 and July 31, 2014:

April 30, 2015

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

1,550

Other current liabilities

20,709

Commodity derivatives

Other assets, net

1,893

Other liabilities

6,527

Interest rate swap agreements

Prepaid expenses and other current assets

1,950

Other current liabilities

1,660

Interest rate swap agreements

Other assets, net

195

Other liabilities

2,029

Derivatives not designated as hedging instruments

Commodity derivatives

Prepaid expenses and other current assets

734

Other current liabilities

—

Commodity derivatives

Other assets, net

906

Other liabilities

—

Total

7,228

Total

30,925

July 31, 2014

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

5,301

Other current liabilities

Commodity derivatives

Other assets, net

1,705

Other liabilities

—

Interest rate swap agreements

Prepaid expenses and other current assets

2,101

Other current liabilities

—

Interest rate swap agreements

Other assets, net

—

Other liabilities

5,075

Total

9,107

Total

5,158

Schedule of Derivative Collateral

The following tables provide a summary of cash margin deposit balances as of April 30, 2015 and July 31, 2014, respectively:



	April 30, 2015
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	16,542	Other current liabilities	$	15
	Other assets, net	5,279		Other liabilities	—
		$	21,821		$	15



	July 31, 2014
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	156	Other current liabilities	$	—
	Other assets, net	189		Other liabilities	—
		$	345		$	—

Fair Value Hedge Derivative Effect on Earnings



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the three months ended April 30,				For the three months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	601	$	627	$	(2,275	)	$	(2,275	)



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the nine months ended April 30,				For the nine months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	1,408	$	1,948	$	(6,825	)	$	(9,915	)

Cash Flow Hedge Derivative Effect on Comprehensive Income



	For the three months ended April 30, 2015
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI		Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	7,813	Cost of product sold- propane and other gas liquids sales	$	(10,907	)	$	—
Interest rate swap agreements	106		Interest expense	—			—
	$	7,919		$	(10,907	)	$	—



	For the three months ended April 30, 2014
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(165	)	Cost of product sold- propane and other gas liquids sales	$	(3,885	)	$	—
Interest rate swap agreements	825			Interest expense	—			—
	$	660			$	(3,885	)	$	—



	For the nine months ended April 30, 2015
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(47,855	)	Cost of product sold- propane and other gas liquids sales	$	(17,139	)	$	—
Interest rate swap agreements	(3,250		)	Interest expense	—			(199		)
	$	(51,105	)		$	(17,139	)	$	(199	)



	For the nine months ended April 30, 2014
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
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	17,298		Cost of product sold- propane and other gas liquids sales	$	8,640	$	—
Interest rate swap agreements	(251		)	Interest expense	—		—
	$	17,047			$	8,640	$	—

Derivatives not Designated as Hedging, Effect on Earnings

Changes in Derivative Value Effect on Other Comprehensive Income (Loss)

The changes in derivatives included in AOCI for the nine months ended April 30, 2015 and 2014 were as follows:



	For the nine months ended April 30,
Gains and losses on derivatives included in AOCI	2015			2014
Beginning balance	$	6,483		$	2,066
Change in value of risk management commodity derivatives	(47,855		)	17,298
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales, net	17,139			(8,640		)
Change in value of risk management interest rate derivatives	(3,250		)	(251		)
Reclassification of gains and losses on interest rate hedges to interest expense	$	199		$	—
Ending balance	$	(27,284	)	$	10,473

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 April 30, 2015 and July 31, 2014:

April 30, 2015

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

1,550

Other current liabilities

20,709

Commodity derivatives

Other assets, net

1,893

Other liabilities

6,527

Interest rate swap agreements

Prepaid expenses and other current assets

1,950

Other current liabilities

1,660

Interest rate swap agreements

Other assets, net

195

Other liabilities

2,029

Derivatives not designated as hedging instruments

Commodity derivatives

Prepaid expenses and other current assets

734

Other current liabilities

—

Commodity derivatives

Other assets, net

906

Other liabilities

—

Total

7,228

Total

30,925

July 31, 2014

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

5,301

Other current liabilities

Commodity derivatives

Other assets, net

1,705

Other liabilities

—

Interest rate swap agreements

Prepaid expenses and other current assets

2,101

Other current liabilities

—

Interest rate swap agreements

Other assets, net

—

Other liabilities

5,075

Total

9,107

Total

5,158

Schedule of Derivative Collateral

The following tables provide a summary of cash margin deposit balances as of April 30, 2015 and July 31, 2014, respectively:



	April 30, 2015
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	16,542	Other current liabilities	$	15
	Other assets, net	5,279		Other liabilities	—
		$	21,821		$	15



	July 31, 2014
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Deposits	Prepaid expenses and other current assets	$	156	Other current liabilities	$	—
	Other assets, net	189		Other liabilities	—
		$	345		$	—

Fair Value Hedge Derivative Effect on Earnings



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the three months ended April 30,				For the three months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	601	$	627	$	(2,275	)	$	(2,275	)



		Amount of Gain Recognized on Derivative				Amount of Interest Expense Recognized on Fixed-Rated Debt (Related Hedged Item)
Derivative Instrument	Location of Gain Recognized on Derivative	For the nine months ended April 30,				For the nine months ended April 30,
		2015		2014		2015			2014
Interest rate swap agreements	Interest expense	$	1,408	$	1,948	$	(6,825	)	$	(9,915	)

Cash Flow Hedge Derivative Effect on Comprehensive Income



	For the three months ended April 30, 2015
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCL		Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCL		Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	7,813	Cost of product sold- propane and other gas liquids sales	$	(10,907	)	$	—
Interest rate swap agreements	106		Interest expense	—			—
	$	7,919		$	(10,907	)	$	—



	For the three months ended April 30, 2014
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(165	)	Cost of product sold- propane and other gas liquids sales	$	(3,885	)	$	—
Interest rate swap agreements	825			Interest expense	—			—
	$	660			$	(3,885	)	$	—



	For the nine months ended April 30, 2015
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	(47,855	)	Cost of product sold- propane and other gas liquids sales	$	(17,139	)	$	—
Interest rate swap agreements	(3,250		)	Interest expense	—			(199		)
	$	(51,105	)		$	(17,139	)	$	(199	)

	For the nine months ended April 30, 2014
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Amount of Gain (Loss) Reclassified from AOCL into Income
Derivative Instrument	Amount of Gain (Loss) Recognized in AOCI			Location of Gain (Loss) Reclassified from AOCL into Income	Effective portion			Ineffective portion
Commodity derivatives	$	17,298		Cost of product sold- propane and other gas liquids sales	$	8,640		$	—
Interest rate swap agreements	(251		)	Interest expense	—			—
	$	17,047			$	8,640		$	—

Derivatives not Designated as Hedging, Effect on Earnings

Changes in Derivative Value Effect on Other Comprehensive Income (Loss)

The changes in derivatives included in AOCI for the nine months ended April 30, 2015 and 2014 were as follows:



	For the nine months ended April 30,
Gains and losses on derivatives included in AOCI	2015			2014
Beginning balance	$	6,483		$	2,066
Change in value of risk management commodity derivatives	(47,855		)	17,298
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales, net	17,139			(8,640		)
Change in value of risk management interest rate derivatives	(3,250		)	(251		)
Reclassification of gains and losses on interest rate hedges to interest expense	$	199		$	—
Ending balance	$	(27,284	)	$	10,473

Net Earnings (Loss) Per Common Unitholders' Interest (Tables)

9 Months Ended

Apr. 30, 2015

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 April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
	(in thousands, except per unitholders' interest amounts)
Common unitholders’ interest in net earnings	$	35,454	$	44,931	$	87,511	$	80,196

Weighted average common units outstanding - basic	82,717.6		79,177.8		82,536.1		79,127.1
Dilutive securities	5.7		9.4		7.2		24.5
Weighted average common units outstanding - diluted	82,723.3		79,187.2		82,543.3		79,151.6

Basic and diluted net earnings per common unitholders’ interest	$	0.43	$	0.57	$	1.06	$	1.01

Segment Reporting Segment Reporting (Tables)

9 Months Ended

Apr. 30, 2015

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:



	Three months ended April 30,			Nine months ended April 30,
	2015			2015

Net earnings attributable to Ferrellgas Partners, L.P.	$	35,812		$	88,395
Income tax expense		917			1,448
Interest expense		23,510			71,797
Depreciation and amortization expense		23,324			70,576
EBITDA		83,563			232,216
Non-cash employee stock ownership plan compensation charge		8,566			16,728
Non-cash stock-based compensation charge		3,271			19,701
Loss on disposal of assets		2,203			4,578
Other expense (income), net		(212	)		415
Change in fair value of contingent consideration		—			(6,300	)
Litigation accrual and related legal fees associated with a class action lawsuit		83			806
Unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments		(1,609	)		(1,609	)
Net earnings attributable to noncontrolling interest		408			1,027
Adjusted EBITDA	$	96,273		$	267,562

Reconciliation of Assets from Segment to Consolidated

Following are total assets by segment:



	April 30,		July 31,
	2015		2014

Assets
Propane and related equipment sales	$	1,356,809	$	1,400,603
Midstream operations		199,593		136,116
Corporate and unallocated		36,455		35,551
Total consolidated assets	$	1,592,857	$	1,572,270

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:



	Three months ended April 30,			Nine months ended April 30,
	2015			2015

Net earnings	$	40,404		$	101,676
Income tax expense		853			1,379
Interest expense		19,476			59,695
Depreciation and amortization expense		23,324			70,576
EBITDA		84,057			233,326
Non-cash employee stock ownership plan compensation charge		8,566			16,728
Non-cash stock-based compensation charge		3,271			19,701
Loss on disposal of assets		2,203			4,578
Other expense (income), net		(212	)		415
Change in fair value of contingent consideration		—			(6,300	)
Litigation accrual and related legal fees associated with a class action lawsuit		83			806
Unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments		(1,609	)		(1,609	)
Adjusted EBITDA	$	96,359		$	267,645

Reconciliation of Assets from Segment to Consolidated

Following are total assets by segment:



	April 30,		July 31,
	2015		2014

Assets
Propane and related equipment sales	$	1,356,809	$	1,400,603
Midstream operations		199,593		136,116
Corporate and unallocated		34,258		33,114
Total consolidated assets	$	1,590,660	$	1,569,833

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 April 30, 2015.



	Three months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	527,258	$	5,293	$	—		$	532,551
Direct costs (1)		422,837		4,871		8,570			436,278
Adjusted EBITDA	$	104,421	$	422	$	(8,570	)	$	96,273

Following is a summary of segment information for the nine months ended April 30, 2015.



	Nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	1,621,517	$	20,362	$	—		$	1,641,879
Direct costs (1)		1,329,648		14,741		29,928			1,374,317
Adjusted EBITDA	$	291,869	$	5,621	$	(29,928	)	$	267,562

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 April 30, 2015.



	Three months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	527,258	$	5,293	$	—		$	532,551
Direct costs (1)		422,751		4,871		8,570			436,192
Adjusted EBITDA	$	104,507	$	422	$	(8,570	)	$	96,359

Following is a summary of segment information for the nine months ended April 30, 2015.



	Nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other			Total



Segment revenues	$	1,621,517	$	20,362	$	—		$	1,641,879
Direct costs (1)		1,329,565		14,741		29,928			1,374,234
Adjusted EBITDA	$	291,952	$	5,621	$	(29,928	)	$	267,645

(1) Direct costs are comprised of "cost of products sold-propane and other gas liquids sales", "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", "litigation accrual and related legal fees associated with a class action lawsuit" and "unrealized (non-cash) gain on changes in fair value of derivatives not designated as hedging instruments".

Capital Expenditures [Member]

Segment Reporting Information

Schedule of Segment Reporting Information, by Segment

Following are capital expenditures by segment:



	For the nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other		Total



Maintenance	$	12,839	$	976	$	1,012	$	14,827
Growth		27,128		6,561		—		33,689
Total	$	39,967	$	7,537	$	1,012	$	48,516

Capital Expenditures [Member] | Ferrellgas, L.P. [Member]

Segment Reporting Information

Schedule of Segment Reporting Information, by Segment

Following are capital expenditures by segment:



	For the nine months ended April 30, 2015
	Propane and related equipment sales		Midstream operations		Corporate and other		Total



Maintenance	$	12,839	$	976	$	1,012	$	14,827
Growth		27,128		6,561		—		33,689
Total	$	39,967	$	7,537	$	1,012	$	48,516

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Partnership Organization And Formation (Details)	9 Months Ended
Partnership Organization And Formation (Details)	Apr. 30, 2015 employee	Jul. 31, 2014
Limited partner interest	99.00%
General partner ownership interest	1.00%
Number of entity subsidiaries	2
Equity interest in subsidiary	100.00%
Number of states in which entity operates	50
Number of employees	0
Ferrellgas Partners Finance Corp. [Member]
Common stock shares outstanding	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	1,000	1,000
Corporation formation date	Jan. 16, 2003
Number of employees	0
Ferrell Companies [Member]
Common stock shares outstanding	22,800,000
Operating Partnership [Member]
General partner ownership interest	1.00%
Ferrellgas [Member]
General partner ownership interest	2.00%

Summary Of Significant Accounting Policies (Significant Cash And Non-Cash Activities) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Cash Paid For [Abstract]
Interest	$ 49,021	$ 48,888
Income taxes	333	403
Non-Cash Investing Activities [Abstract]
Liabilities incurred in connection with acquisitions	0	887
Change in accruals for property, plant and equipment additions	1,316	1,318
Ferrellgas, L.P. [Member]
Cash Paid For [Abstract]
Interest	41,172	40,394
Income taxes	264	358
Non-Cash Investing Activities [Abstract]
Liabilities incurred in connection with acquisitions	0	887
Change in accruals for property, plant and equipment additions	1,316	1,318
Common Unitholders [Member]
Non-Cash Investing Activities [Abstract]
Non-cash issuances of common units in connection with acquisitions	0	1,500
Common Unitholders [Member] \| Ferrellgas, L.P. [Member]
Non-Cash Investing Activities [Abstract]
Non-cash issuances of common units in connection with acquisitions	$ 0	$ 1,500

Supplemental Financial Statement Information (Schedule Of Inventories) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Propane gas and related products	$ 69,969	$ 121,111
Appliances, parts and supplies	28,667	24,858
Inventories	98,636	145,969
Ferrellgas, L.P. [Member]
Propane gas and related products	69,969	121,111
Appliances, parts and supplies	28,667	24,858
Inventories	$ 98,636	$ 145,969

Supplemental Financial Statement Information (Other Current Liabilities) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Accrued interest	$ 32,227	$ 12,182
Accrued payroll	19,895	37,120
Customer deposits and advances	17,867	25,412
Price risk management liabilities	22,369	83
Other	53,840	50,364
Other current liabilities	146,198	125,161
Ferrellgas, L.P. [Member]
Accrued interest	26,297	10,176
Accrued payroll	19,895	37,120
Customer deposits and advances	17,867	25,412
Price risk management liabilities	22,369	83
Other	53,837	50,362
Other current liabilities	$ 140,265	$ 123,153

- Definition

Carrying value as of the balance sheet date of the obligations incurred through that date and payable for employees' services provided. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References+ Details

- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed.

+ References+ Details

Supplemental Financial Statement Information (Shipping And Handling Expenses) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	$ 48,385	$ 53,608	$ 155,655	$ 164,590
Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	48,385	53,608	155,655	164,590
Operating Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	41,291	47,967	135,206	148,700
Operating Expense [Member] \| Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	41,291	47,967	135,206	148,700
Depreciation And Amortization Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	1,194	1,492	3,970	4,347
Depreciation And Amortization Expense [Member] \| Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	1,194	1,492	3,970	4,347
Equipment Lease Expense [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	5,900	4,149	16,479	11,543
Equipment Lease Expense [Member] \| Ferrellgas, L.P. [Member]
Condensed Financial Statements, Captions [Line Items]
Shipping and handling expenses	$ 5,900	$ 4,149	$ 16,479	$ 11,543

- Definition

Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs.

+ References+ Details

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Narrative) (Details) (USD $)	9 Months Ended	12 Months Ended
	Apr. 30, 2015	Jul. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	$ 182,305,000	$ 159,003,000
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	182,305,000	159,003,000
Accounts Receivable Securitization [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	182,300,000	159,000,000
Collateralized notes payable	117,000,000	91,000,000
Proceeds from accounts receivable securitization	117,000,000	91,000,000
Available proceeds from additional trade accounts receivable	0	0
Weighted average interest rate on borrowings under accounts receivable securitization	2.10%	2.10%
Accounts Receivable Securitization [Member] \| Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	182,300,000	159,000,000
Collateralized notes payable	117,000,000	91,000,000
Proceeds from accounts receivable securitization	117,000,000	91,000,000
Available proceeds from additional trade accounts receivable	$ 0	$ 0
Weighted average interest rate on borrowings under accounts receivable securitization	2.10%	2.10%

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Accounts And Notes Receivable) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Accounts receivable pledged as collateral	$ 182,305	$ 159,003
Accounts receivable	12,764	24,108
Other	323	247
Less: Allowance for doubtful accounts	(5,823)	(4,756)
Accounts and notes receivable, net	189,569	178,602
Ferrellgas, L.P. [Member]
Accounts receivable pledged as collateral	182,305	159,003
Accounts receivable	12,764	24,108
Other	323	247
Less: Allowance for doubtful accounts	(5,823)	(4,756)
Accounts and notes receivable, net	$ 189,569	$ 178,602

Debt (Short-Term Borrowings Narrative) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Short-term borrowings	$ 0	$ 69,519
Ferrellgas, L.P. [Member]
Short-term borrowings	$ 0	$ 69,519

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References+ Details

Debt Debt (Components of Long-Term Debt) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Schedule of Capitalization, Long-term Debt [Line Items]
Long-term debt	$ 1,344,392	$ 1,292,214
Short-term borrowings	0	69,519
Ferrellgas, L.P. [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Long-term debt	1,162,392	1,110,214
Short-term borrowings	$ 0	$ 69,519
Secured Credit Facility [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt weighted average interest rate	3.50%	3.40%
Secured Credit Facility [Member] \| Ferrellgas, L.P. [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Debt weighted average interest rate	3.50%	3.40%

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References+ Details

Debt (Secured Credit Facility Narrative) (Details) (USD $) In Millions, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Debt Instrument [Line Items]
Letters of credit outstanding	$ 61.1	$ 56.3
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	61.1	56.3
Secured Credit Facility [Member]
Debt Instrument [Line Items]
Total credit faciltiy borrowings outstanding	174.2	193.3
Amount of credit facility borrowings classified as long-term debt	174.2	123.8
Available borrowing capacity	364.7	350.4
Weighted average interest rate on credit facility borrowings	3.50%	3.40%
Secured Credit Facility [Member] \| Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Total credit faciltiy borrowings outstanding	174.2	193.3
Amount of credit facility borrowings classified as long-term debt	174.2	123.8
Available borrowing capacity	364.7	350.4
Weighted average interest rate on credit facility borrowings	3.50%	3.40%
Letter Of Credit [Member]
Debt Instrument [Line Items]
Available borrowing capacity	138.9	143.7
Letter Of Credit [Member] \| Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Available borrowing capacity	$ 138.9	$ 143.7

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details

Partners' Capital (Narrative) (Details) (USD $) Share data in Millions, except Per Share data, unless otherwise specified	9 Months Ended									0 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015 Ferrellgas, L.P. [Member]	Apr. 30, 2014 Ferrellgas, L.P. [Member]	Apr. 30, 2015 Ferrellgas Partners [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2015 General Partner [Member]	Apr. 30, 2014 General Partner [Member]	Apr. 30, 2015 General Partner [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 General Partner [Member] Ferrellgas, L.P. [Member]	Jun. 16, 2015 Subsequent Event [Member]	May 28, 2015 Subsequent Event [Member]	Jun. 16, 2015 Subsequent Event [Member] Ferrellgas, L.P. [Member]	May 28, 2015 Subsequent Event [Member] Ferrellgas, L.P. [Member]	May 28, 2015 Subsequent Event [Member] Ferrellgas Partners [Member] Ferrellgas, L.P. [Member]	May 28, 2015 Subsequent Event [Member] General Partner [Member]	May 28, 2015 Subsequent Event [Member] General Partner [Member] Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Limited partner ownership interest	27.20%
Cash distribution declaration date										May 22, 2015		May 22, 2015
Cash distributions declared per common unit										$ 0.50
Cash distributions to related parties														$ 49,600,000	$ 418,000	$ 500,000
Cash distributions payment date											Jun. 12, 2015		Jun. 12, 2015
General partner ownership interest	1.00%		1.00%			2.00%		1.0101%
Contributions from partners	425,000	6,000	42,655,000	606,000	42,200,000	900,000		400,000
Non-cash contributions						700,000	500,000	400,000	300,000
Stock Issued During Period, Shares, Treasury Stock Reissued	1.5
Stock Issued During Period, Value, Other	$ 42,000,000

Partners' Capital (Distributions Paid) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Limited Partners' Capital Account [Line Items]
Distributions	$ 41,777	$ 39,994	$ 125,328	$ 119,901
Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distributions	42,203	40,402	134,535	129,054
Public Common Unitholders [Member]
Limited Partners' Capital Account [Line Items]
Distributions	27,791	26,556	83,370	79,588
Ferrell Companies [Member]
Limited Partners' Capital Account [Line Items]
Distributions	11,265	10,735	33,795	32,205
FCI Trading Corp. [Member]
Limited Partners' Capital Account [Line Items]
Distributions	98	98	294	294
Ferrell Propane, Inc. [Member]
Limited Partners' Capital Account [Line Items]
Distributions	26	26	78	78
James E. Ferrell [Member]
Limited Partners' Capital Account [Line Items]
Distributions	2,179	2,179	6,537	6,537
General Partner [Member]
Limited Partners' Capital Account [Line Items]
Distributions	418	400	1,254	1,199
General Partner [Member] \| Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distributions	426	408	1,358	1,304
Ferrellgas Partners [Member] \| Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distributions	$ 41,777	$ 39,994	$ 133,177	$ 127,750

Partners' Capital (Distributions Expected To Be Paid To Related Parties) (Details) (Subsequent Event [Member], USD $) In Thousands, unless otherwise specified	0 Months Ended
	May 28, 2015
Ferrell Companies [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Cash distributions to related parties	$ 11,265
FCI Trading Corp. [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Cash distributions to related parties	98
Ferrell Propane, Inc. [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Cash distributions to related parties	26
James E. Ferrell [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Cash distributions to related parties	2,179
General Partner [Member]
Distribution Expected To Be Made to Member or Limited Partner [Line Items]
Cash distributions to related parties	$ 418

Fair Value Measurements (Assets And Liabilities Fair Value Hierarchy) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Interest rate swap assets	$ 2,145	$ 2,101
Propane commodity derivative assets	5,083	7,006
Interest rate swap liabilities	(3,689)	(5,075)
Propane commodity derivative liabilities	(27,236)	(83)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	(100)	(6,400)
Ferrellgas, L.P. [Member]
Interest rate swap assets	2,145	2,101
Propane commodity derivative assets	5,083	7,006
Interest rate swap liabilities	(3,689)	(5,075)
Propane commodity derivative liabilities	(27,236)	(83)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	(100)	(6,400)
Level 1 [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Level 1 [Member] \| Ferrellgas, L.P. [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Level 2 [Member]
Interest rate swap assets	2,145	2,101
Propane commodity derivative assets	5,083	7,006
Interest rate swap liabilities	(3,689)	(5,075)
Propane commodity derivative liabilities	(27,236)	(83)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Level 2 [Member] \| Ferrellgas, L.P. [Member]
Interest rate swap assets	2,145	2,101
Propane commodity derivative assets	5,083	7,006
Interest rate swap liabilities	(3,689)	(5,075)
Propane commodity derivative liabilities	(27,236)	(83)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Level 3 [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	(100)	(6,400)
Level 3 [Member] \| Ferrellgas, L.P. [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ (100)	$ (6,400)

Fair Value Measurements Fair Value Measurements (Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation) (Details) (USD $) In Thousands, unless otherwise specified			9 Months Ended				9 Months Ended
	Apr. 30, 2015	Jul. 31, 2014	Apr. 30, 2015 Accretion [Member]	Apr. 30, 2015 Fair Value Change due to Unobservable Inputs [Member]	Apr. 30, 2015 Ferrellgas, L.P. [Member]	Jul. 31, 2014 Ferrellgas, L.P. [Member]	Apr. 30, 2015 Ferrellgas, L.P. [Member] Accretion [Member]	Apr. 30, 2015 Ferrellgas, L.P. [Member] Fair Value Change due to Unobservable Inputs [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 100	$ 6,400			$ 100	$ 6,400
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings			$ 400	$ (6,700)			$ 400	$ (6,700)

Fair Value Measurements Fair Value Measurements (Fair Value Inputs, Liabilities, Quantitative Information) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015	Jul. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 100	$ 6,400
Fair Value Measurements, Valuation Techniques	Discounted cash flow
Weighted Average of Unobservable Input	20.00%
Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of Unobservable Inputs	5.00%
Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of Unobservable Inputs	80.00%
Ferrellgas, L.P. [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 100	$ 6,400
Fair Value Measurements, Valuation Techniques	Discounted cash flow
Weighted Average of Unobservable Input	20.00%
Ferrellgas, L.P. [Member] \| Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of Unobservable Inputs	5.00%
Ferrellgas, L.P. [Member] \| Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range of Unobservable Inputs	80.00%

Fair Value Measurements Fair Value Measurements (Sensitivity of Unobservable Inputs) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015
5% increase, WACC [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	$ (10)
5% decrease, WACC [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	100
10% increase, earnings forecast [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	180
10% decrease, earnings forecast [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	(100)
Ferrellgas, L.P. [Member] \| 5% increase, WACC [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	(10)
Ferrellgas, L.P. [Member] \| 5% decrease, WACC [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	100
Ferrellgas, L.P. [Member] \| 10% increase, earnings forecast [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	180
Ferrellgas, L.P. [Member] \| 10% decrease, earnings forecast [Member]
Sensitivity of Unobservable Inputs [Line Items]
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	$ (100)

Derivative Instruments and Hedging Activities (Narrative) (Details) (USD $)	9 Months Ended
	Apr. 30, 2015 MMBbls	Apr. 30, 2014
Reclassification of net gain to earnings during next 12 months	$ 19,200,000
Number of barrels of propane covered by cash flow hedges	3,200,000
Derivative amount of credit risk	1,500,000
Derivative net liability position aggregate fair value	400,000.0
Collateral already posted	0
Gain or loss in earnings related to hedge ineffectiveness	200,000	0
Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges	0	0
Ferrellgas, L.P. [Member]
Reclassification of net gain to earnings during next 12 months	19,200,000
Number of barrels of propane covered by cash flow hedges	3,200,000
Derivative amount of credit risk	1,500,000
Derivative net liability position aggregate fair value	400,000
Collateral already posted	0
Gain or loss in earnings related to hedge ineffectiveness	200,000	0
Reclassification of gain (loss) to earnings from discontinuance of cash flow hedges	$ 0	$ 0

Derivative Instruments and Hedging Activities (Fair Value of Financial Derivatives Balance Sheet Locations) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	$ 5,083	$ 7,006
Interest rate swap assets	2,145	2,101
Derivative assets, fair value	7,228	9,107
Propane commodity derivative liabilities	27,236	83
Interest rate swap liabilities	3,689	5,075
Derivative liabilities, fair value	30,925	5,158
Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	5,083	7,006
Interest rate swap assets	2,145	2,101
Derivative assets, fair value	7,228	9,107
Propane commodity derivative liabilities	27,236	83
Interest rate swap liabilities	3,689	5,075
Derivative liabilities, fair value	30,925	5,158
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	1,550	5,301
Interest rate swap assets	1,950	2,101
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	734
Prepaid Expenses and Other Current Assets [Member] \| Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	1,550	5,301
Interest rate swap assets	1,950	2,101
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	734
Other assets, net [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	1,893	1,705
Interest rate swap assets	195	0
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	906
Other assets, net [Member] \| Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative assets	1,893	1,705
Interest rate swap assets	195	0
Other Derivatives Not Designated as Hedging Instruments at Fair Value, Net	906
Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	20,709	83
Interest rate swap liabilities	1,660	0
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	0
Other Current Liabilities [Member] \| Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	20,709	83
Interest rate swap liabilities	1,660	0
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	0
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	6,527	0
Interest rate swap liabilities	2,029	5,075
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	0
Other Liabilities [Member] \| Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Propane commodity derivative liabilities	6,527	0
Interest rate swap liabilities	2,029	5,075
Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value	$ 0

Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities (Schedule of Derivative Collateral) (Details) (USD $) In Thousands, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Derivative Asset, Fair Value of Collateral	$ 21,821	$ 345
Derivative Liability, Fair Value of Collateral	15	0
Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	21,821	345
Derivative Liability, Fair Value of Collateral	15	0
Other assets, net [Member]
Derivative Asset, Fair Value of Collateral	5,279	189
Other assets, net [Member] \| Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	5,279	189
Prepaid Expenses and Other Current Assets [Member]
Derivative Asset, Fair Value of Collateral	16,542	156
Prepaid Expenses and Other Current Assets [Member] \| Ferrellgas, L.P. [Member]
Derivative Asset, Fair Value of Collateral	16,542	156
Other Current Liabilities [Member]
Derivative Liability, Fair Value of Collateral	15	0
Other Current Liabilities [Member] \| Ferrellgas, L.P. [Member]
Derivative Liability, Fair Value of Collateral	15	0
Other Liabilities [Member]
Derivative Liability, Fair Value of Collateral	0	0
Other Liabilities [Member] \| Ferrellgas, L.P. [Member]
Derivative Liability, Fair Value of Collateral	$ 0	$ 0

Derivative Instruments and Hedging Activities (Fair Value Hedge Derivative Effect on Earnings) (Details) (Interest Rate Swap [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Gain (loss) recognized on derivative	$ 601	$ 627	$ 1,408	$ 1,948
Interest expense recognized on fixed-rate debt	(2,275)	(2,275)	(6,825)	(9,915)
Ferrellgas, L.P. [Member]
Gain (loss) recognized on derivative	601	627	1,408	1,948
Interest expense recognized on fixed-rate debt	$ (2,275)	$ (2,275)	$ (6,825)	$ (9,915)

Derivative Instruments and Hedging Activities (Cash Flow Hedge Derivative Effect on Comprehensive Income) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Amount of gain (loss) recognized in AOCI	$ 7,919	$ 660	$ (51,105)	$ 17,047
Amount of gain (loss) reclassified from AOCI into income	(10,907)	(3,885)	(17,139)	8,640
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	(199)	0
Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	7,919	660	(51,105)	17,047
Amount of gain (loss) reclassified from AOCI into income	(10,907)	(3,885)	(17,139)	8,640
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	(199)	0
Propane commodity derivatives [Member]
Amount of gain (loss) recognized in AOCI	7,813	(165)	(47,855)	17,298
Amount of gain (loss) reclassified from AOCI into income			(17,139)	8,640
Propane commodity derivatives [Member] \| Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	7,813	(165)	(47,855)	17,298
Amount of gain (loss) reclassified from AOCI into income			(17,139)	8,640
Interest Rate Swap [Member]
Amount of gain (loss) recognized in AOCI	106	825	(3,250)	(251)
Interest Rate Swap [Member] \| Ferrellgas, L.P. [Member]
Amount of gain (loss) recognized in AOCI	106	825	(3,250)	(251)
Cost of Product Sold [Member] \| Propane commodity derivatives [Member]
Amount of gain (loss) reclassified from AOCI into income	(10,907)	(3,885)	(17,139)	8,640
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	0	0
Cost of Product Sold [Member] \| Propane commodity derivatives [Member] \| Ferrellgas, L.P. [Member]
Amount of gain (loss) reclassified from AOCI into income	(10,907)	(3,885)	(17,139)	8,640
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	0	0
Interest Expense [Member] \| Propane commodity derivatives [Member] \| Ferrellgas, L.P. [Member]
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	(199)	0
Interest Expense [Member] \| Interest Rate Swap [Member]
Amount of gain (loss) reclassified from AOCI into income	0	0	0	0
Amount of gain (loss) reclassified from AOCI into income, ineffective portion	0	0	(199)	0
Interest Expense [Member] \| Interest Rate Swap [Member] \| Ferrellgas, L.P. [Member]
Amount of gain (loss) reclassified from AOCI into income	$ 0	$ 0	$ 0	$ 0

Derivative Instruments and Hedging Activities (Changes in Derivative Value Effect on Other Comprehensive Income Loss) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended			3 Months Ended		9 Months Ended			3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014	Jul. 31, 2014	Apr. 30, 2015 Ferrellgas, L.P. [Member]	Apr. 30, 2014 Ferrellgas, L.P. [Member]	Apr. 30, 2015 Ferrellgas, L.P. [Member]	Apr. 30, 2014 Ferrellgas, L.P. [Member]	Jul. 31, 2014 Ferrellgas, L.P. [Member]	Apr. 30, 2015 Propane commodity derivatives [Member]	Apr. 30, 2014 Propane commodity derivatives [Member]	Apr. 30, 2015 Propane commodity derivatives [Member]	Apr. 30, 2014 Propane commodity derivatives [Member]	Apr. 30, 2015 Propane commodity derivatives [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 Propane commodity derivatives [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2015 Propane commodity derivatives [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 Propane commodity derivatives [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2015 Interest Rate Swap [Member]	Apr. 30, 2014 Interest Rate Swap [Member]	Apr. 30, 2015 Interest Rate Swap [Member]	Apr. 30, 2014 Interest Rate Swap [Member]	Apr. 30, 2015 Interest Rate Swap [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 Interest Rate Swap [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2015 Interest Rate Swap [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 Interest Rate Swap [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2015 Derivative [Member]	Jul. 31, 2014 Derivative [Member]	Apr. 30, 2014 Derivative [Member]	Jul. 31, 2013 Derivative [Member]	Apr. 30, 2015 Derivative [Member] Ferrellgas, L.P. [Member]	Jul. 31, 2014 Derivative [Member] Ferrellgas, L.P. [Member]	Apr. 30, 2014 Derivative [Member] Ferrellgas, L.P. [Member]	Jul. 31, 2013 Derivative [Member] Ferrellgas, L.P. [Member]
Beginning balance	$ (27,247)		$ (27,247)		$ 6,181	$ (27,511)		$ (27,511)		$ 6,258																	$ (27,284)	$ 6,483	$ 10,473	$ 2,066	$ (27,284)	$ 6,483	$ 10,473	$ 2,066
Change in value of risk management derivatives	7,919	660	(51,105)	17,047		7,919	660	(51,105)	17,047		7,813	(165)	(47,855)	17,298	7,813	(165)	(47,855)	17,298	106	825	(3,250)	(251)	106	825	(3,250)	(251)
Reclassification of gains and losses on commodity hedges to cost of product sold - propane and other gas liquids sales	10,907	3,885	17,139	(8,640)		10,907	3,885	17,139	(8,640)				17,139	(8,640)			17,139	(8,640)
Ending balance	(27,247)		(27,247)		6,181	(27,511)		(27,511)		6,258																	(27,284)	6,483	10,473	2,066	(27,284)	6,483	10,473	2,066
Derivative, Net Hedge Ineffectiveness Gain (Loss)																					$ 199	$ 0			$ 199	$ 0

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References+ Details

Transactions With Related Parties (Schedule Of Transactions With Related Parties) (Details) (USD $)	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Related Party Transaction [Line Items]
General and administrative expense	$ 10,902,000	$ 16,860,000	$ 45,169,000	$ 47,749,000
Ferrellgas, L.P. [Member]
Related Party Transaction [Line Items]
General and administrative expense	10,902,000	16,860,000	45,169,000	47,749,000
Compensation And Benefits [Member]
Related Party Transaction [Line Items]
Operating expense	53,155,000	55,458,000	163,417,000	165,028,000
General and administrative expense	5,394,000	9,233,000	20,059,000	24,334,000
Compensation And Benefits [Member] \| Ferrellgas, L.P. [Member]
Related Party Transaction [Line Items]
Operating expense	53,155,000	55,458,000	163,417,000	165,028,000
General and administrative expense	$ 5,394,000	$ 9,233,000	$ 20,059,000	$ 24,334,000

Contingencies And Commitments (Narrative) (Details) (Senior Notes [Member], USD $) In Millions, unless otherwise specified	9 Months Ended
	Apr. 30, 2015
Fixed Rate, 8.625%, Due 2020 [Member] \| Ferrellgas Partners Finance Corp. [Member]
Debt principal amount	$ 182.0
Debt interest rate	8.625%
Debt maturity year	2020
Fixed Rate, 6.50%, Due 2021 [Member] \| Ferrellgas Finance Corp. [Member]
Debt principal amount	500.0
Debt interest rate	6.50%
Debt maturity year	2021
Fixed Rate, 6.75%, Due 2022 [Member] \| Ferrellgas Finance Corp. [Member]
Debt principal amount	$ 475.0
Debt interest rate	6.75%
Debt maturity year	2022

Net Earnings Per Common Unitholders' Interest Net Earnings (Loss) Per Common Unitholders' Interest (Earnings Distribution Allocation) (Details) (USD $)	9 Months Ended
	Apr. 30, 2015
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 Common Unitholders' Interest (Schedule of Earnings Per Share) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Common unitholders' interest in net earnings	$ 35,454	$ 44,931	$ 87,511	$ 80,196
Weighted average common units outstanding - basic	82,717,600	79,177,800	82,536,100	79,127,100
Dilutive securities	5,700	9,400	7,200	24,500
Weighted average common units outstanding - diluted	82,723,300	79,187,200	82,543,300	79,151,600
Basic and diluted net earnings per common unitholders' interest	$ 0.43	$ 0.57	$ 1.06	$ 1.01

Segment Reporting Segment Reporting (Schedule of Segment Reporting Information, by Segment) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended	9 Months Ended
	Apr. 30, 2015	Apr. 30, 2015
Segment Reporting Information
Revenues	$ 532,551	$ 1,641,879
Costs and Expenses	436,278	1,374,317
Adjusted EBITDA	96,273	267,562
Propane and related equipment sales [Member]
Segment Reporting Information
Revenues	527,258	1,621,517
Costs and Expenses	422,837	1,329,648
Adjusted EBITDA	104,421	291,869
Midstream Operations [Member]
Segment Reporting Information
Revenues	5,293	20,362
Costs and Expenses	4,871	14,741
Adjusted EBITDA	422	5,621
Corporate and Other [Member]
Segment Reporting Information
Revenues	0	0
Costs and Expenses	8,570	29,928
Adjusted EBITDA	(8,570)	(29,928)
Ferrellgas, L.P. [Member]
Segment Reporting Information
Revenues	532,551	1,641,879
Costs and Expenses	436,192	1,374,234
Adjusted EBITDA	96,359	267,645
Ferrellgas, L.P. [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Revenues	527,258	1,621,517
Costs and Expenses	422,751	1,329,565
Adjusted EBITDA	104,507	291,952
Ferrellgas, L.P. [Member] \| Midstream Operations [Member]
Segment Reporting Information
Revenues	5,293	20,362
Costs and Expenses	4,871	14,741
Adjusted EBITDA	422	5,621
Ferrellgas, L.P. [Member] \| Corporate and Other [Member]
Segment Reporting Information
Revenues	0	0
Costs and Expenses	8,570	29,928
Adjusted EBITDA	$ (8,570)	$ (29,928)

Segment Reporting Segment Reporting (Reconciliation of Consolidated EBITDA to Consolidated Net Earnings) (Details) (USD $)	3 Months Ended		9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings	$ 36,220,000	$ 45,890,000	$ 89,422,000	$ 81,956,000
Net Income (Loss) Attributable to Parent	35,812,000	45,385,000	88,395,000	81,006,000
Income tax expense	917,000	1,677,000	1,448,000	2,391,000
Interest Expense	23,510,000		71,797,000
Depreciation and amortization expense	23,324,000	20,913,000	70,576,000	61,771,000
EBITDA	83,563,000		232,216,000
Employee Stock Ownership Plan (ESOP), Compensation Expense	8,566,000	3,710,000	16,728,000	10,389,000
Non-cash stock-based compensation charge	3,271,000		19,701,000	16,182,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	2,203,000		4,578,000
Other Nonoperating Income (Expense)	(212,000)		415,000
Change in fair value of contingent consideration	0		(6,300,000)	0
Litigation Settlement, Expense	83,000		806,000
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax	(1,609,000)		(1,609,000)
Net loss	408,000	505,000	1,027,000	950,000
Adjusted EBITDA	96,273,000		267,562,000
Noncontrolling Interest [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings			1,027,000
Ferrellgas, L.P. [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings	40,404,000	50,053,000	101,676,000	94,086,000
Income tax expense	853,000	1,632,000	1,379,000	2,346,000
Interest Expense	19,476,000		59,695,000
Depreciation and amortization expense	23,324,000	20,913,000	70,576,000	61,771,000
EBITDA	84,057,000		233,326,000
Employee Stock Ownership Plan (ESOP), Compensation Expense	8,566,000	3,710,000	16,728,000	10,389,000
Non-cash stock-based compensation charge	3,271,000		19,701,000	16,182,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	2,203,000		4,578,000
Other Nonoperating Income (Expense)	(212,000)		415,000
Change in fair value of contingent consideration	0		(6,300,000)	0
Litigation Settlement, Expense	83,000		806,000
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax	(1,609,000)		(1,609,000)
Adjusted EBITDA	96,359,000		267,645,000
General Partner [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings			884,000
General Partner [Member] \| Ferrellgas, L.P. [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net earnings			1,027,000
General Partner [Member] \| Ferrellgas, L.P. [Member] \| Noncontrolling Interest [Member]
Segment Reporting, Other Significant Reconciling Item [Line Items]
Net loss	$ 408,000		$ 1,027,000

Segment Reporting Segment Reporting (Reconciliation of Assets from Segment to Consolidated) (Details) (USD $)	Apr. 30, 2015	Jul. 31, 2014
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 1,592,857,000	$ 1,572,270,000
Propane and related equipment sales [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,356,809,000	1,400,603,000
Midstream Operations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	199,593,000	136,116,000
Corporate and Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	36,455,000	35,551,000
Ferrellgas, L.P. [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,590,660,000	1,569,833,000
Ferrellgas, L.P. [Member] \| Propane and related equipment sales [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,356,809,000	1,400,603,000
Ferrellgas, L.P. [Member] \| Midstream Operations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	199,593,000	136,116,000
Ferrellgas, L.P. [Member] \| Corporate and Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 34,258,000	$ 33,114,000

Segment Reporting Segment Reporting (Schedule of Capital Expenditure Information, by Segment) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015
Segment Reporting Information
Capital Expenditures	$ 48,516
Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	39,967
Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	7,537
Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	1,012
Maintenance Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	14,827
Maintenance Capital Expenditures [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	12,839
Maintenance Capital Expenditures [Member] \| Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	976
Maintenance Capital Expenditures [Member] \| Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	1,012
Growth Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	33,689
Growth Capital Expenditures [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	27,128
Growth Capital Expenditures [Member] \| Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	6,561
Growth Capital Expenditures [Member] \| Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	0
Ferrellgas, L.P. [Member]
Segment Reporting Information
Capital Expenditures	48,516
Ferrellgas, L.P. [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	39,967
Ferrellgas, L.P. [Member] \| Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	7,537
Ferrellgas, L.P. [Member] \| Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	1,012
Ferrellgas, L.P. [Member] \| Maintenance Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	14,827
Ferrellgas, L.P. [Member] \| Maintenance Capital Expenditures [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	12,839
Ferrellgas, L.P. [Member] \| Maintenance Capital Expenditures [Member] \| Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	976
Ferrellgas, L.P. [Member] \| Maintenance Capital Expenditures [Member] \| Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	1,012
Ferrellgas, L.P. [Member] \| Growth Capital Expenditures [Member]
Segment Reporting Information
Capital Expenditures	33,689
Ferrellgas, L.P. [Member] \| Growth Capital Expenditures [Member] \| Propane and related equipment sales [Member]
Segment Reporting Information
Capital Expenditures	27,128
Ferrellgas, L.P. [Member] \| Growth Capital Expenditures [Member] \| Midstream Operations [Member]
Segment Reporting Information
Capital Expenditures	6,561
Ferrellgas, L.P. [Member] \| Growth Capital Expenditures [Member] \| Corporate and Other [Member]
Segment Reporting Information
Capital Expenditures	$ 0

Subsequent Events Subsequent Events (Narrative) (Details) (Subsequent Event [Member], USD $) In Millions, except Share data in Thousands, unless otherwise specified	0 Months Ended	1 Months Ended		0 Months Ended		0 Months Ended	1 Months Ended		0 Months Ended		0 Months Ended
	Jun. 08, 2015	Jul. 31, 2015 Cash [Member]	Jul. 31, 2015 Common Stock [Member]	Jun. 08, 2015 Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]	Jun. 08, 2015 Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]	Jun. 08, 2015 Ferrellgas, L.P. [Member]	Jul. 31, 2015 Ferrellgas, L.P. [Member] Cash [Member]	Jul. 31, 2015 Ferrellgas, L.P. [Member] Common Stock [Member]	Jun. 08, 2015 Ferrellgas, L.P. [Member] Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]	Jun. 08, 2015 Ferrellgas, L.P. [Member] Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]	Jun. 08, 2015 Ferrellgas Finance Corp. [Member] Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]	Jun. 08, 2015 Ferrellgas Finance Corp. [Member] Fixed Rate Six Point Seven Five Due Two Thousand Twenty Three [Member]
Common Unit, Issued	6,325					6,325
Debt Instrument, Interest Rate, Stated Percentage					6.75%					6.75%		6.75%
Proceeds from Debt, Net of Issuance Costs				$ 491.3					$ 491.3
Debt Instrument, Maturity Date				Jun. 01, 2023					Jun. 01, 2023		Jun. 01, 2023
Debt principal amount					500.0					500.0		500.0
Business Combination, Consideration Transferred		$ 562.5	$ 11.2				$ 562.5	$ 11.2

Supplemental Financial Statement Information (Narrative) (Details)	9 Months Ended
	Apr. 30, 2015 gal
Maximum term of supply procurement contracts	36 months
Net procurement of fixed priced propane in gallons	51,000,000
Ferrellgas, L.P. [Member]
Maximum term of supply procurement contracts	36 months
Net procurement of fixed priced propane in gallons	51,000,000

Fair Value Measurements Fair Value Measurements (Narrative) (Details) (USD $) In Millions, unless otherwise specified	Apr. 30, 2015	Jul. 31, 2014
Long-term Debt, Fair Value	$ 1,365.4	$ 1,408.2
Ferrellgas, L.P. [Member]
Long-term Debt, Fair Value	$ 1,175.7	$ 1,215.3

Condensed Consolidated Statements Of Cash Flows Consolidated Statements Of Cash Flows (Parenthetical) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Payments of Stock Issuance Costs	$ 52	$ 0

Debt (Senior Notes Narrative) (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Interest payments	$ 49,021	$ 48,888
Ferrellgas, L.P. [Member]
Interest payments	$ 41,172	$ 40,394

For the three months ended April 30, 2015

Derivatives Not Designated as Hedging Instruments

Amount of Gain (Loss) Recognized in Income

Location of Gain (Loss) Recognized in Income

Commodity derivatives

Operating expense