0001558370-21-002550 | 10-Q | XBRL Viewer

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jan. 31, 2021	Feb. 28, 2021
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Jan. 31, 2021
Document Transition Report	false
Entity Registrant Name	Ferrellgas Partners L P
Title of 12(b) Security	N/A
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		97,152,665
Current Fiscal Year End Date	--07-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000922358
Amendment Flag	false
No Trading Symbol Flag	true
Ferrellgas Partners Finance Corp. [Member]
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Jan. 31, 2021
Entity Registrant Name	Ferrellgas Partners Finance Corp
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	true
Current Fiscal Year End Date	--07-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001012493
Amendment Flag	false
Ferrellgas, L.P. [Member]
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Jan. 31, 2021
Entity Registrant Name	Ferrellgas L P
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Current Fiscal Year End Date	--07-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000922359
Amendment Flag	false
Ferrellgas Finance Corp. [Member]
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Jan. 31, 2021
Entity Registrant Name	Ferrellgas Finance Corp
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	true
Current Fiscal Year End Date	--07-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000922360
Amendment Flag	false

Consolidated Balance Sheets - USD ($)	Jan. 31, 2021	Jul. 31, 2020
Current assets:
Cash and cash equivalents	$ 326,483,000	$ 333,761,000
Accounts and notes receivable, net	206,280,000	101,438,000
Inventories	90,473,000	72,664,000
Prepaid expenses and other current assets	72,914,000	35,944,000
Total current assets	696,150,000	543,807,000
Prepaid expenses and other current assets	72,914,000	35,944,000
Property, plant and equipment, net	587,870,000	591,042,000
Goodwill, net	246,946,000	247,195,000
Intangible assets, net	99,644,000	104,049,000
Operating lease, right-of-use assets	97,249,000	107,349,000
Other assets, net	91,159,000	74,748,000
Total assets	1,819,018,000	1,668,190,000
Current liabilities:
Accounts payable	79,224,000	33,944,000
Current portion of long-term debt	501,865,000	859,095,000
Current operating lease liabilities	27,895,000	29,345,000
Other current liabilities	191,908,000	167,466,000
Total current liabilities	800,892,000	1,089,850,000
Long-term debt	1,650,410,000	1,646,396,000
Operating lease liabilities	80,901,000	89,022,000
Other liabilities	49,541,000	51,190,000
Total liabilities not subject to compromise	2,581,744,000	2,876,458,000
Liabilities subject to compromise	390,101,000
Liabilities, Total	2,971,845,000	2,876,458,000
Partners' capital (deficit)
Common unitholders	(1,107,979,000)	(1,126,452,000)
General partner unitholder	(71,100,000)	(71,287,000)
Accumulated other comprehensive income (loss)	33,762,000	(2,303,000)
Total Ferrellgas Partners, L.P. partners' deficit	(1,145,317,000)	(1,200,042,000)
Noncontrolling interest	(7,510,000)	(8,226,000)
Total partners' capital (deficit)	(1,152,827,000)	(1,208,268,000)
Total liabilities and partners' capital (deficit)	1,819,018,000	1,668,190,000
Ferrellgas Partners Finance Corp. [Member]
Current assets:
Cash and cash equivalents	1,000	1,000
Prepaid expenses and other current assets		1,850
Prepaid expenses and other current assets		1,850
Total assets	1,000	2,850
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	39,145	38,846
Accumulated deficit	(39,145)	(36,996)
Total stockholder's equity	1,000	2,850
Ferrellgas, L.P. [Member]
Current assets:
Cash and cash equivalents	306,577,000	333,755,000
Accounts and notes receivable, net	206,280,000	101,438,000
Inventories	90,473,000	72,664,000
Prepaid expenses and other current assets	73,106,000	35,897,000
Total current assets	676,436,000	543,754,000
Prepaid expenses and other current assets	73,106,000	35,897,000
Property, plant and equipment, net	587,870,000	591,042,000
Goodwill, net	246,946,000	247,195,000
Intangible assets, net	99,644,000	104,049,000
Operating lease, right-of-use assets	97,249,000	107,349,000
Loan receivable - Ferrellgas Partners, L.P.	20,151,000
Other assets, net	91,159,000	74,748,000
Total assets	1,819,455,000	1,668,137,000
Current liabilities:
Accounts payable	79,224,000	33,944,000
Current portion of long-term debt	501,865,000	502,095,000
Current operating lease liabilities	27,895,000	29,345,000
Other current liabilities	190,708,000	148,136,000
Total current liabilities	799,692,000	713,520,000
Long-term debt	1,650,410,000	1,646,396,000
Operating lease liabilities	80,901,000	89,022,000
Other liabilities	49,541,000	51,190,000
Contingencies and commitments
Partners' capital (deficit)
Common unitholders	(787,341,000)	(821,462,000)
General partner unitholder	(7,868,000)	(8,216,000)
Accumulated other comprehensive income (loss)	34,120,000	(2,313,000)
Total Ferrellgas Partners, L.P. partners' deficit	(761,089,000)	(831,991,000)
Total partners' capital (deficit)	(761,089,000)	(831,991,000)
Total liabilities and partners' capital (deficit)	1,819,455,000	1,668,137,000
Ferrellgas Finance Corp. [Member]
Current assets:
Cash and cash equivalents	1,100	1,100
Prepaid expenses and other current assets	5,250	1,500
Prepaid expenses and other current assets	5,250	1,500
Total assets	6,350	2,600
Current liabilities:
Contingencies and commitments
STOCKHOLDER'S EQUITY
Common stock, $1.00 par value; 2,000 shares authorized; 1,000 shares issued and outstanding	1,000	1,000
Additional paid in capital	89,740	84,187
Accumulated deficit	(84,390)	(82,587)
Total stockholder's equity	$ 6,350	$ 2,600

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Restricted cash	$ 109,049	$ 95,759
Accounts receivable pledged as collateral	200,443	103,703
Amortizable intangible assets, accumulated amortization	$ 427,695	$ 423,290
Common unitholders, units outstanding	97,152,665	97,152,665
General partner unitholder, units outstanding	989,926	989,926
Ferrellgas Partners Finance Corp. [Member]
Common stock, par value	$ 1.00	$ 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]
Restricted cash	$ 109,049	$ 95,759
Accounts receivable pledged as collateral	200,443	103,703
Amortizable intangible assets, accumulated amortization	$ 427,695	$ 423,290
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 Operations - USD ($)	3 Months Ended		6 Months Ended
Consolidated Statements Of Operations - USD ($)	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Revenues:
Revenues	$ 553,560,000	$ 510,833,000	$ 854,454,000	$ 804,047,000
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	115,247,000	128,233,000	224,274,000	242,776,000
Operating expense - equipment lease expense	6,862,000	8,261,000	13,692,000	16,649,000
Depreciation and amortization expense	21,249,000	19,795,000	42,639,000	39,014,000
General and administrative expense	20,475,000	14,192,000	33,555,000	23,887,000
Non-cash employee stock ownership plan compensation charge	762,000	630,000	1,470,000	1,425,000
Loss on asset sales and disposals	80,000	2,148,000	893,000	4,383,000
Reorganization expense - professional fees	(1,200,000)		(1,200,000)
Operating income	114,604,000	96,378,000	122,356,000	97,008,000
Interest expense	(52,595,000)	(47,548,000)	(106,821,000)	(93,245,000)
Other income (expense), net	3,508,000	76,000	3,616,000	(56,000)
Earnings (loss) before income taxes	64,317,000	48,906,000	17,951,000	3,707,000
Income tax expense (benefit)	326,000	115,000	413,000	633,000
Net earnings (loss)	63,991,000	48,791,000	17,538,000	3,074,000
Net earnings (loss) attributable to noncontrolling interest	724,000	584,000	333,000	211,000
Net earnings (loss)	63,267,000	48,207,000	17,205,000	2,863,000
Less: General partner's interest in net earnings (loss)	633,000	482,000	172,000	29,000
Common unitholders' interest in net earnings (loss)	$ 62,634,000	$ 47,725,000	$ 17,033,000	$ 2,834,000
Basic and diluted net earnings (loss) per common unit	$ 0.64	$ 0.49	$ 0.18	$ 0.03
Propane [Member]
Revenues:
Revenues	$ 528,434,000	$ 485,247,000	$ 809,483,000	$ 758,632,000
Costs and expenses:
Cost of sales	270,777,000	237,843,000	408,404,000	371,871,000
Other Revenues
Revenues:
Revenues	25,126,000	25,586,000	44,971,000	45,415,000
Costs and expenses:
Cost of sales	3,504,000	3,353,000	7,171,000	7,034,000
Ferrellgas Partners Finance Corp. [Member]
Costs and expenses:
General and administrative expense	225		2,149	891
Net earnings (loss)	(225)		(2,149)	(891)
Ferrellgas, L.P. [Member]
Revenues:
Revenues	553,560,000	510,833,000	854,454,000	804,047,000
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	115,247,000	128,233,000	224,274,000	242,776,000
Operating expense - equipment lease expense	6,862,000	8,261,000	13,692,000	16,649,000
Depreciation and amortization expense	21,249,000	19,795,000	42,639,000	39,014,000
General and administrative expense	20,254,000	14,085,000	33,330,000	23,781,000
Non-cash employee stock ownership plan compensation charge	762,000	630,000	1,470,000	1,425,000
Loss on asset sales and disposals	80,000	2,148,000	893,000	4,383,000
Operating income	114,825,000	96,485,000	122,581,000	97,114,000
Interest expense	(46,522,000)	(38,690,000)	(93,050,000)	(75,567,000)
Other income (expense), net	3,759,000	76,000	3,867,000	(56,000)
Earnings (loss) before income taxes	72,062,000	57,871,000	33,398,000	21,491,000
Income tax expense (benefit)	312,000	115,000	399,000	633,000
Net earnings (loss)	71,750,000	57,756,000	32,999,000	20,858,000
Ferrellgas, L.P. [Member] \| Propane [Member]
Revenues:
Revenues	528,434,000	485,247,000	809,483,000	758,632,000
Costs and expenses:
Cost of sales	270,777,000	237,843,000	408,404,000	371,871,000
Ferrellgas, L.P. [Member] \| Other Revenues
Revenues:
Revenues	25,126,000	25,586,000	44,971,000	45,415,000
Costs and expenses:
Cost of sales	3,504,000	3,353,000	7,171,000	7,034,000
Ferrellgas Finance Corp. [Member]
Costs and expenses:
General and administrative expense	250	2,888	1,803	3,906
Net earnings (loss)	$ (250)	$ (2,888)	$ (1,803)	$ (3,906)

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Comprehensive income (loss):
Net income (loss)	$ 63,991	$ 48,791	$ 17,538	$ 3,074
Other comprehensive income (loss):
Change in value on risk management derivatives	36,957	(11,212)	42,724	(24,839)
Reclassification of (gains) losses on derivatives to earnings, net	(8,441)	8,766	(6,291)	16,245
Pension liability adjustment		(109)		(109)
Other comprehensive income (loss)	28,516	(2,555)	36,433	(8,703)
Comprehensive loss	92,507	46,236	53,971	(5,629)
Less: comprehensive income (loss) attributable to noncontrolling interest	288	557	368	122
Comprehensive income (loss) attributable to Ferrellgas Partners, LP	92,219	45,679	53,603	(5,751)
Ferrellgas, L.P. [Member]
Comprehensive income (loss):
Net income (loss)	71,750	57,756	32,999	20,858
Other comprehensive income (loss):
Change in value on risk management derivatives	36,957	(11,212)	42,724	(24,839)
Reclassification of (gains) losses on derivatives to earnings, net	(8,441)	8,766	(6,291)	16,245
Pension liability adjustment		(109)		(109)
Other comprehensive income (loss)	28,516	(2,555)	36,433	(8,703)
Comprehensive loss	100,266	55,201	69,432	12,155
Comprehensive income (loss) attributable to Ferrellgas Partners, LP	$ 100,266	$ 55,201	$ 69,432	$ 12,155

Consolidated Statements Of Partners' Deficit - USD ($)	3 Months Ended				6 Months Ended
Consolidated Statements Of Partners' Deficit - USD ($)	Jan. 31, 2021	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019	Jan. 31, 2021	Jan. 31, 2020
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	$ (1,246,096,000)	$ (1,208,268,000)	$ (1,191,384,000)	$ (1,138,938,000)	$ (1,208,268,000)	$ (1,138,938,000)
Contributions in connection with non-cash ESOP compensation charges	762,000	708,000	630,000	795,000
Distributions			(157,000)	(1,000)
Net income (loss)	63,991,000	(46,453,000)	48,791,000	(45,717,000)	17,538,000	3,074,000
Other comprehensive income (loss)	28,516,000	7,917,000	(2,555,000)	(6,148,000)	36,433,000	(8,703,000)
Partners' capital balance, ending	(1,152,827,000)	(1,246,096,000)	(1,144,675,000)	(1,191,384,000)	(1,152,827,000)	(1,144,675,000)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				(1,375,000)		(1,375,000)
Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	5,534,000	(2,303,000)	(20,598,000)	(14,512,000)	(2,303,000)	(14,512,000)
Other comprehensive income (loss)	28,228,000	7,837,000	(2,528,000)	(6,086,000)
Partners' capital balance, ending	33,762,000	5,534,000	(23,126,000)	(20,598,000)	33,762,000	(23,126,000)
Parent [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	(1,237,566,000)	(1,200,042,000)	(1,183,237,000)	(1,131,233,000)	(1,200,042,000)	(1,131,233,000)
Contributions in connection with non-cash ESOP compensation charges	754,000	701,000	624,000	787,000
Net income (loss)	63,267,000	(46,062,000)	48,207,000	(45,344,000)
Other comprehensive income (loss)	28,228,000	7,837,000	(2,528,000)	(6,086,000)
Partners' capital balance, ending	(1,145,317,000)	(1,237,566,000)	(1,136,934,000)	(1,183,237,000)	(1,145,317,000)	(1,136,934,000)
Parent [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				(1,361,000)		(1,361,000)
Non-Controlling Interest [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	(8,530,000)	(8,226,000)	(8,147,000)	(7,705,000)	(8,226,000)	(7,705,000)
Contributions in connection with non-cash ESOP compensation charges	8,000	7,000	6,000	8,000
Distributions			(157,000)	(1,000)
Net income (loss)	724,000	(391,000)	584,000	(373,000)
Other comprehensive income (loss)	288,000	80,000	(27,000)	(62,000)
Partners' capital balance, ending	$ (7,510,000)	$ (8,530,000)	$ (7,741,000)	(8,147,000)	$ (7,510,000)	(7,741,000)
Non-Controlling Interest [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				$ (14,000)		$ (14,000)
Common Unitholders [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance (in shares)	97,152,700	97,152,700	97,152,700	97,152,700	97,152,700	97,152,700
Partners' capital balance, beginning	$ (1,171,359,000)	$ (1,126,452,000)	$ (1,091,704,000)	$ (1,046,245,000)	$ (1,126,452,000)	$ (1,046,245,000)
Contributions in connection with non-cash ESOP compensation charges	746,000	694,000	618,000	779,000
Distributions	0
Net income (loss)	$ 62,634,000	$ (45,601,000)	$ 47,725,000	$ (44,891,000)
Partners' capital balance (in shares)	97,152,700	97,152,700	97,152,700	97,152,700	97,152,700	97,152,700
Partners' capital balance, ending	$ (1,107,979,000)	$ (1,171,359,000)	$ (1,043,361,000)	$ (1,091,704,000)	$ (1,107,979,000)	$ (1,043,361,000)
Common Unitholders [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				$ (1,347,000)		$ (1,347,000)
General Partner [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance (in shares)	989,900	989,900	989,900	989,900	989,900	989,900
Partners' capital balance, beginning	$ (71,741,000)	$ (71,287,000)	$ (70,935,000)	$ (70,476,000)	$ (71,287,000)	$ (70,476,000)
Contributions in connection with non-cash ESOP compensation charges	8,000	7,000	6,000	8,000
Net income (loss)	$ 633,000	$ (461,000)	$ 482,000	$ (453,000)
Partners' capital balance (in shares)	989,900	989,900	989,900	989,900	989,900	989,900
Partners' capital balance, ending	$ (71,100,000)	$ (71,741,000)	$ (70,447,000)	$ (70,935,000)	$ (71,100,000)	$ (70,447,000)
General Partner [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				(14,000)		(14,000)
Ferrellgas, L.P. [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	(862,117,000)	(831,991,000)	(824,130,000)	(780,403,000)	(831,991,000)	(780,403,000)
Contributions in connection with non-cash ESOP compensation charges	762,000	708,000	630,000	795,000
Distributions			(15,553,000)	(101,000)
Net income (loss)	71,750,000	(38,751,000)	57,756,000	(36,898,000)	32,999,000	20,858,000
Other comprehensive income (loss)	28,516,000	7,917,000	(2,555,000)	(6,148,000)	36,433,000	(8,703,000)
Partners' capital balance, ending	(761,089,000)	(862,117,000)	(783,852,000)	(824,130,000)	(761,089,000)	(783,852,000)
Ferrellgas, L.P. [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				(1,375,000)		(1,375,000)
Ferrellgas, L.P. [Member] \| Accumulated Other Comprehensive Income (Loss)
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	5,604,000	(2,313,000)	(20,795,000)	(14,647,000)	(2,313,000)	(14,647,000)
Other comprehensive income (loss)	28,516,000	7,917,000	(2,555,000)	(6,148,000)
Partners' capital balance, ending	34,120,000	5,604,000	(23,350,000)	(20,795,000)	34,120,000	(23,350,000)
Ferrellgas, L.P. [Member] \| Common Unitholders [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	(859,121,000)	(821,462,000)	(795,385,000)	(758,186,000)	(821,462,000)	(758,186,000)
Contributions in connection with non-cash ESOP compensation charges	754,000	701,000	624,000	787,000
Distributions			(15,396,000)	(100,000)
Net income (loss)	71,026,000	(38,360,000)	57,172,000	(36,525,000)
Partners' capital balance, ending	(787,341,000)	(859,121,000)	(752,985,000)	(795,385,000)	(787,341,000)	(752,985,000)
Ferrellgas, L.P. [Member] \| Common Unitholders [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				(1,361,000)		(1,361,000)
Ferrellgas, L.P. [Member] \| General Partner [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning	(8,600,000)	(8,216,000)	(7,950,000)	(7,570,000)	(8,216,000)	(7,570,000)
Contributions in connection with non-cash ESOP compensation charges	8,000	7,000	6,000	8,000
Distributions			(157,000)	(1,000)
Net income (loss)	724,000	(391,000)	584,000	(373,000)
Partners' capital balance, ending	$ (7,868,000)	$ (8,600,000)	$ (7,517,000)	(7,950,000)	$ (7,868,000)	(7,517,000)
Ferrellgas, L.P. [Member] \| General Partner [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Increase (Decrease) in Partners' Capital [Roll Forward]
Partners' capital balance, beginning				$ (14,000)		$ (14,000)

Consolidated Statements Of Cash Flows - USD ($)	6 Months Ended
Consolidated Statements Of Cash Flows - USD ($)	Jan. 31, 2021	Jan. 31, 2020
Cash flows from operating activities:
Net income (loss)	$ 17,538,000	$ 3,074,000
Reconciliation of net loss to net cash provided by operating activities:
Depreciation and amortization expense	42,639,000	39,014,000
Non-cash employee stock ownership plan compensation charge	1,470,000	1,425,000
Loss on asset sales and disposals	893,000	4,383,000
Provision for doubtful accounts	2,166,000	974,000
Deferred income tax expense (benefit)		552,000
Other	3,995,000	7,498,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(107,008,000)	(68,322,000)
Inventories	(17,809,000)	1,980,000
Prepaid expenses and other current assets	(7,296,000)	(7,039,000)
Accounts payable	45,380,000	12,678,000
Accrued interest expense	13,843,000	2,019,000
Other current liabilities	45,062,000	2,095,000
Other assets and liabilities	3,578,000	237,000
Net cash provided by operating activities	44,451,000	568,000
Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400,000)
Capital expenditures	(35,333,000)	(33,422,000)
Proceeds from sale of assets	3,144,000	1,659,000
Cash payments to construct assets in connection with future lease transactions		(30,307,000)
Cash receipts in connection with leased vehicles		19,929,000
Net cash provided by (used in) investing activities	(32,189,000)	(48,541,000)
Cash flows from financing activities:
Payments on long-term debt	(1,120,000)	(972,000)
Net additions to (reductions in) short-term borrowings		(3,000,000)
Net additions to (reductions in) collateralized short-term borrowings		59,000,000
Cash paid for financing costs	(14,960,000)	(3,925,000)
Noncontrolling interest activity		(158,000)
Cash payments for principal portion of lease liability	(3,460,000)	(320,000)
Net cash provided by (used in) financing activities	(19,540,000)	50,625,000
Increase (decrease) in cash and cash equivalents	(7,278,000)	2,652,000
Cash and cash equivalents - beginning of year	333,761,000	11,054,000
Cash, cash equivalents and restricted cash - end of year	326,483,000	13,706,000
Ferrellgas Partners Finance Corp. [Member]
Cash flows from operating activities:
Net income (loss)	(2,149)	(891)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Prepaid expenses and other current assets	1,850	838
Net cash provided by operating activities	(299)	(53)
Cash flows from financing activities:
Capital contribution	299	53
Net cash provided by (used in) financing activities	299	53
Cash and cash equivalents - beginning of year	1,000	1,000
Cash, cash equivalents and restricted cash - end of year	1,000	1,000
Ferrellgas, L.P. [Member]
Cash flows from operating activities:
Net income (loss)	32,999,000	20,858,000
Reconciliation of net loss to net cash provided by operating activities:
Depreciation and amortization expense	42,639,000	39,014,000
Non-cash employee stock ownership plan compensation charge	1,470,000	1,425,000
Loss on asset sales and disposals	893,000	4,383,000
Provision for doubtful accounts	2,166,000	974,000
Deferred income tax expense (benefit)		552,000
Other	3,996,000	5,216,000
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts and notes receivable, net of securitization	(107,008,000)	(68,322,000)
Inventories	(17,809,000)	1,980,000
Prepaid expenses and other current assets	(7,535,000)	(7,109,000)
Accounts payable	45,380,000	12,678,000
Accrued interest expense	72,000	2,019,000
Other current liabilities	43,861,000	2,095,000
Other assets and liabilities	3,327,000	237,000
Net cash provided by operating activities	44,451,000	16,000,000
Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400,000)
Capital expenditures	(35,333,000)	(33,422,000)
Proceeds from sale of assets	3,144,000	1,659,000
Cash payments to construct assets in connection with future lease transactions		(30,307,000)
Cash receipts in connection with leased vehicles		19,929,000
Loan to Ferrellgas Partners, L.P.	(19,900,000)
Net cash provided by (used in) investing activities	(52,089,000)	(48,541,000)
Cash flows from financing activities:
Distributions		(15,654,000)
Payments on long-term debt	(1,120,000)	(972,000)
Net additions to (reductions in) short-term borrowings		(3,000,000)
Net additions to (reductions in) collateralized short-term borrowings		59,000,000
Cash paid for financing costs	(14,960,000)	(3,916,000)
Cash payments for principal portion of lease liability	(3,460,000)	(320,000)
Net cash provided by (used in) financing activities	(19,540,000)	35,138,000
Increase (decrease) in cash and cash equivalents	(27,178,000)	2,597,000
Cash and cash equivalents - beginning of year	333,755,000	11,046,000
Cash, cash equivalents and restricted cash - end of year	306,577,000	13,643,000
Ferrellgas Finance Corp. [Member]
Cash flows from operating activities:
Net income (loss)	(1,803)	(3,906)
Changes in operating assets and liabilities, net of effects from business acquisitions:
Prepaid expenses and other current assets	(3,750)	3
Net cash provided by operating activities	(5,553)	(3,903)
Cash flows from financing activities:
Capital contribution	5,553	3,903
Net cash provided by (used in) financing activities	5,553	3,903
Cash and cash equivalents - beginning of year	1,100	1,100
Cash, cash equivalents and restricted cash - end of year	$ 1,100	$ 1,100

Partnership Organization And Formation	6 Months Ended
Partnership Organization And Formation	Jan. 31, 2021
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Organization And Formation	A. Partnership organization and formation Ferrellgas Partners, L.P. (“Ferrellgas Partners”) was formed on April 19, 1994, and is a publicly traded limited partnership, owning an approximate 99% limited partner interest in Ferrellgas, L.P. (the “operating partnership”). Ferrellgas Partners and the operating partnership, collectively referred to as “Ferrellgas,” are both Delaware limited partnerships and are governed by their respective partnership agreements. Ferrellgas Partners was formed to acquire and hold a limited partner interest in the operating partnership. As of January 31, 2021, Ferrell Companies, Inc., a Kansas corporation (“Ferrell Companies”), beneficially owns 22.8 million of Ferrellgas Partners’ outstanding common units. Ferrellgas, Inc., a Delaware corporation and a wholly-owned subsidiary of Ferrell Companies, is the sole general partner of Ferrellgas Partners and one of three general partners of the operating partnership. Ferrellgas, Inc. has retained an approximate 1% general partner economic interest in Ferrellgas Partners and also holds an approximate 1% general partner economic interest in the operating partnership, representing an effective 2% general partner economic interest in Ferrellgas on a combined basis. As the sole general partner of Ferrellgas Partners, Ferrellgas, Inc. performs all management functions required by Ferrellgas Partners. Unless contractually provided for, creditors of the operating partnership have no recourse with regards to Ferrellgas Partners. The term “general partner” (i) with respect to Ferrellgas Partners refers to Ferrellgas, Inc. and (ii) with respect to the operating partnership refers to (a) Ferrellgas, Inc., in the case of any economic general partner interest and (b) Ferrellgas, Inc., Ferrellgas GP II, LLC and Ferrellgas GP III, LLC, collectively, in the case of any voting general partner interest. 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 any debt issued by Ferrellgas Partners. The operating partnership is the only operating subsidiary of Ferrellgas Partners. Ferrellgas is primarily engaged in the retail distribution of propane and related equipment sales. 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. Due to seasonality, the results of operations for the six months ended January 31, 2021 are not necessarily indicative of the results to be expected for the full fiscal year ending July 31, 2021. 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 2020. Going Concern The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the continuity of operations, the realization of assets and the satisfaction of liabilities in the normal course of business. Ferrellgas Partners has outstanding $357.0 million principal amount of unsecured notes due June 15, 2020 (the “Ferrellgas Partners Notes due 2020”), which Ferrellgas Partners failed to repay when due at maturity. The Ferrellgas Partners Notes due 2020 were classified as current on the consolidated balance sheet as of July 31, 2020. As a result of the filing of the Chapter 11 Cases (as defined and described below under “—Transaction Support Agreement and Chapter 11 Bankruptcy Cases”), the Ferrellgas Partners Notes due 2020 were reclassified as liabilities subject to compromise on the condensed consolidated balance sheet as of January 31, 2021. Additionally, the operating partnership has outstanding $500.0 million principal amount of unsecured notes due May 1, 2021, that are classified as current in the condensed consolidated financial statements. The ability of Ferrellgas Partners to restructure, refinance or otherwise satisfy these notes is uncertain. Given these concerns, Ferrellgas Partners believes there is substantial doubt about the entity’s ability to continue as a going concern. Ferrellgas has engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities. See Note F – Debt below for further discussion of the outstanding debt. Transaction Support Agreement and Chapter 11 Bankruptcy Cases On December 10, 2020, Ferrellgas Partners, Ferrellgas Partners Finance Corp., the operating partnership, Ferrellgas, Inc., Ferrellgas GP II, LLC, Ferrellgas GP III, LLC and certain of their affiliates (collectively, the “Ferrellgas Parties”) entered into a Transaction Support Agreement (the “TSA”) with certain holders of, or investment advisors, sub-advisors, or managers of discretionary accounts that hold, claims (collectively, the “Consenting Noteholders”) arising under, derived from or based upon the indenture governing the Ferrellgas Partners Notes due 2020. The TSA sets forth (i) a restructuring process to satisfy the obligations of Ferrellgas Partners and Ferrellgas Partners Finance Corp. under the Ferrellgas Partners Notes due 2020 (the “Ferrellgas Partners Transactions”), which would be effectuated through pre-packaged voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) to be filed by only Ferrellgas Partners and Ferrellgas Partners Finance Corp. and the confirmation of a pre-packaged joint plan of reorganization for Ferrellgas Partners and Ferrellgas Partners Finance Corp. (the “Plan”), and (ii) a refinancing process of the operating partnership, including but not limited to, replacement of the operating partnership’s existing unsecured notes due 2021, 2022 and 2023 (the “operating partnership Transactions” and, together with the Ferrellgas Partners Transactions, the “TSA Transactions”), which would be consummated on the effective date (the “Effective Date”) of the Plan implementing the Ferrellgas Partners Transactions and would close simultaneously with the Ferrellgas Partners Transactions effectuated under the Plan. Generally, the TSA contemplates, among other things, the TSA Transactions and certain changes to the capital structure and governance of the Ferrellgas Parties as described in more detail in the TSA. Pursuant to the TSA, and subject to the terms and conditions thereof, the parties thereto agreed to support, act in good faith and take all steps reasonably necessary and desirable to implement and consummate the TSA Transactions until the TSA Transactions are consummated or the TSA is terminated. The Consenting Noteholders agreed, among other things, (i) to forbear from taking actions with respect to any default or event of default by the Ferrellgas Parties under the indenture governing the Ferrellgas Partners Notes due 2020 which arises solely as a result of the failure to make payments of the principal due on the Ferrellgas Partners Notes due 2020, and (ii) to vote in favor of any matter requiring approval to the extent necessary to implement the TSA Transactions and the Plan. The TSA contains certain milestones relating to the commencement of the solicitation of acceptances of the Plan (the “Solicitation”) from holders of the Ferrellgas Partners Notes due 2020 and holders of Ferrellgas Partners’ common units, the refinancing process and the Chapter 11 Cases, which include the dates by which Ferrellgas Partners was required to commence the Solicitation and, thereafter, commence the Chapter 11 Cases or obtain certain approval orders of the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). In addition, the milestones include the obligation of Ferrellgas Partners and Ferrellgas Partners Finance Corp. to emerge from chapter 11 protection no later than April 4, 2021, unless that deadline is extended pursuant to the terms of the TSA. The TSA also provides that the TSA may be terminated by the Required Consenting Noteholders (as defined therein) with respect to the Consenting Noteholders or by any Ferrellgas Party with respect to the Ferrellgas Parties upon the occurrence of certain events set forth therein. In particular, the Ferrellgas Parties may terminate the TSA in the event the governing body of any Ferrellgas Party determines, after consulting with counsel, (i) that continuing to pursue any of the TSA Transactions in the manner contemplated by the TSA would be inconsistent with the exercise of its contractual or fiduciary duties or applicable law or (ii) in the exercise of its contractual or fiduciary duties, to pursue an alternative transaction proposal. Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Solicitation on December 21, 2020 and by January 22, 2021 received sufficient votes from the requisite holders of the Ferrellgas Partners Notes due 2020 and the requisite holders of Ferrellgas Partners’ common units to obtain approval of the Plan from the Bankruptcy Court. Subject to any changes, the Solicitation process is complete. The Plan remains subject to the approval of the Bankruptcy Court. On January 11, 2021, Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. The Chapter 11 Cases are being jointly administered under the caption and case numbers, In re: Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp., Chapter 11 Case Nos. 21-10020 and 21-10021. Following the filing of the Chapter 11 Cases, Ferrellgas Partners and Ferrellgas Partners Finance Corp. have continued, and plan to continue, to operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and order of the Bankruptcy Court. There is no assurance that the Plan will be approved by the Bankruptcy Court or that the TSA Transactions will be consummated and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. Additionally, see Note F – Debt below for further discussion of the outstanding debt. Term loan credit agreement with Ferrellgas, L.P. On January 8, 2021, Ferrellgas Partners entered into a term loan credit agreement with Ferrellgas, L.P., pursuant to which Ferrellgas, L.P. extended to Ferrellgas Partners an unsecured non-amortizing loan in aggregate principal amount of $19.9 million. The term loan bears interest at a rate of 20% per annum, and all interest on the term loan will be added to the outstanding principal amount of the term loan. The term loan will mature on July 1, 2022. The proceeds of the term loan will be used to pay costs and expenses incurred in connection with the Chapter 11 Cases in a manner consistent with a budget and cash flow forecast acceptable to Ferrellgas, L.P. See Note N – Condensed parent only debtor-in-possession financial information for further detail.
Ferrellgas Partners Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Organization And Formation	A. 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. (“Ferrellgas Partners”). Ferrellgas Partners contributed $1,000 to the Finance Corp. on April 8, 1996 in exchange for 1,000 shares of common stock. The Finance Corp. has nominal assets, does not conduct any operations and has no employees. Going Concern The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the continuity of operations, the realization of assets and the satisfaction of liabilities in the normal course of business. As discussed in Note B – Contingencies and commitments, the Finance Corp serves as co-issuer and co-obligor for debt securities of Ferrellgas Partners. Ferrellgas Partners has outstanding $357.0 million principal amount of unsecured notes due June 15, 2020 (the “Ferrellgas Partners Notes due 2020”), which Ferrellgas Partners failed to repay when due at maturity. The Ferrellgas Partners Notes due 2020 were classified as current on Ferrellgas Partners’ consolidated balance sheet as of July 31, 2020. These obligations are only reported on Ferrellgas Partners’ condensed consolidated balance sheet. As a result of the filing of the Chapter 11 Cases (as defined and described below under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases”), the Ferrellgas Partners Notes due 2020 were reclassified as liabilities subject to compromise on Ferrellgas Partners’ condensed consolidated balance sheet as of January 31, 2021. Additionally, the operating partnership has outstanding $500.0 million principal amount of unsecured notes due May 1, 2021, that are classified as current in the operating partnership’s condensed consolidated financial statements. The ability of Ferrellgas Partners to restructure, refinance or otherwise satisfy these notes is uncertain. Additionally, the Finance Corp. does not have sufficient cash reserves or the ability to generate sufficient future cash flows to satisfy its obligations as co-obligor of the debt securities of Ferrellgas Partners. Given these concerns, we believe there is substantial doubt about the Finance Corp.’s ability to continue as a going concern. Ferrellgas has engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities. Transaction Support Agreement and Chapter 11 Bankruptcy Cases On December 10, 2020, Ferrellgas Partners, the Finance Corp., the operating partnership Ferrellgas, Inc., Ferrellgas GP II, LLC, Ferrellgas GP III, LLC and certain of their affiliates (collectively, the “Ferrellgas Parties”) entered into a Transaction Support Agreement (the “TSA”) with certain holders of, or investment advisors, sub-advisors, or managers of discretionary accounts that hold, claims (collectively, the “Consenting Noteholders”) arising under, derived from or based upon the indenture governing the Ferrellgas Partners Notes due 2020 The TSA sets forth (i) a restructuring process to satisfy the obligations of Ferrellgas Partners and the Finance Corp. under the Ferrellgas Partners Notes due 2020 (the “Ferrellgas Partners Transactions”), which would be effectuated through pre-packaged voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) to be filed by only Ferrellgas Partners and the Finance Corp. and the confirmation of a pre-packaged joint plan of reorganization for Ferrellgas Partners and the Finance Corp. (the “Plan”), and (ii) a refinancing process of the operating partnership, including but not limited to, replacement of the operating partnership’s existing unsecured notes due 2021, 2022 and 2023 (the “operating partnership Transactions” and, together with the Ferrellgas Partners Transactions, the “TSA Transactions”), which would be consummated on the effective date (the “Effective Date”) of the Plan implementing the Ferrellgas Partners Transactions and would close simultaneously with the Ferrellgas Partners Transactions effectuated under the Plan. Generally, the TSA contemplates, among other things, the TSA Transactions and certain changes to the capital structure and governance of the Ferrellgas Parties as described in more detail in the TSA. Pursuant to the TSA, and subject to the terms and conditions thereof, the parties thereto agreed to support, act in good faith and take all steps reasonably necessary and desirable to implement and consummate the TSA Transactions until the TSA Transactions are consummated or the TSA is terminated. The Consenting Noteholders agreed, among other things, (i) to forbear from taking actions with respect to any default or event of default by the Ferrellgas Parties under the indenture governing the Ferrellgas Partners Notes due 2020 which arises solely as a result of the failure to make payments of the principal due on the Ferrellgas Partners Notes due 2020, and (ii) to vote in favor of any matter requiring approval to the extent necessary to implement the TSA Transactions and the Plan. The TSA contains certain milestones relating to the commencement of the solicitation of acceptances of the Plan (the “Solicitation”) from holders of the Ferrellgas Partners Notes due 2020 and holders of Ferrellgas Partners’ common units, the refinancing process and the Chapter 11 Cases, which include the dates by which Ferrellgas Partners was required to commence the Solicitation and, thereafter, commence the Chapter 11 Cases or obtain certain approval orders of the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). In addition, the milestones include the obligation of Ferrellgas Partners and the Finance Corp. to emerge from chapter 11 protection no later than April 4, 2021, unless that deadline is extended pursuant to the terms of the TSA. The TSA also provides that the TSA may be terminated by the Required Consenting Noteholders (as defined therein) with respect to the Consenting Noteholders or by any Ferrellgas Party with respect to the Ferrellgas Parties upon the occurrence of certain events set forth therein. In particular, the Ferrellgas Parties may terminate the TSA in the event the governing body of any Ferrellgas Party determines, after consulting with counsel, (i) that continuing to pursue any of the TSA Transactions in the manner contemplated by the TSA would be inconsistent with the exercise of its contractual or fiduciary duties or applicable law or (ii) in the exercise of its contractual or fiduciary duties, to pursue an alternative transaction proposal. Ferrellgas Partners and the Finance Corp. commenced the Solicitation on December 21, 2020 and by January 22, 2021 received sufficient votes from the requisite holders of the Ferrellgas Partners Notes due 2020 and the requisite holders of Ferrellgas Partners’ common units to obtain approval of the Plan from the Bankruptcy Court. Subject to any changes, the Solicitation process is complete. The Plan remains subject to the approval of the Bankruptcy Court. On January 11, 2021, Ferrellgas Partners and the Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. The Chapter 11 Cases are being jointly administered under the caption and case numbers, In re: Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp., Chapter 11 Case Nos. 21-10020 and 21-10021. Following the filing of the Chapter 11 Cases, Ferrellgas Partners and the Finance Corp. have continued, and plan to continue, to operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and order of the Bankruptcy Court. There is no assurance that the Plan will be approved by the Bankruptcy Court or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain.
Ferrellgas, L.P. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Organization And Formation	A. Partnership organization and formation Ferrellgas, L.P. is a limited partnership that owns and operates propane distribution and related assets. 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., a Delaware corporation and a wholly-owned subsidiary of Ferrell Companies, Inc., a Kansas corporation (“Ferrell Companies”), is the sole general partner of Ferrellgas Partners and one of three general partners of Ferrellgas, L.P. Ferrellgas, Inc. has retained an approximate 1% general partner economic interest in Ferrellgas Partners and also holds an approximate 1% general partner economic interest in Ferrellgas, L.P., representing an effective 2% general partner economic interest in Ferrellgas, L.P. on a combined basis. As the sole general partner of Ferrellgas Partners, Ferrellgas, Inc. performs all management functions required by Ferrellgas Partners. Ferrellgas Partners and Ferrellgas, L.P., collectively referred to as “Ferrellgas,” are governed by their respective partnership agreements. These agreements contain specific provisions for the allocation of net earnings and loss to each of the partners for purposes of maintaining the partner capital accounts. The term “general partner” (i) with respect to Ferrellgas Partners refers to Ferrellgas, Inc. and (ii) with respect to Ferrellgas, L.P. refers to (a) Ferrellgas, Inc., in the case of any economic general partner interest and (b) Ferrellgas, Inc., Ferrellgas GP II, LLC and Ferrellgas GP III, LLC, collectively, in the case of any voting general partner interest. As the general partners of Ferrellgas, L.P., Ferrellgas, Inc., Ferrellgas GP II, LLC and Ferrellgas GP III, LLC each have an equal vote and all general partner matters of Ferrellgas, L.P. are determined by the vote or consent of a majority of such entities. The general partners perform all management functions required by Ferrellgas, L.P. The general partner interests held by Ferrellgas GP II, LLC and Ferrellgas GP III, LLC are strictly voting and non-economic. Unless contractually provided for, creditors of Ferrellgas, L.P. have no recourse with regards to Ferrellgas Partners. 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 primarily engaged in the retail distribution of propane and related equipment sales. The propane distribution market is seasonal because propane is used primarily for heating in residential and commercial buildings. Ferrellgas, L.P. serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers in all 50 states, the District of Columbia, and Puerto Rico. Due to seasonality, the results of operations for the six months ended January 31, 2021 are not necessarily indicative of the results to be expected for the full fiscal year ending July 31, 2021. 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 2020. Going Concern The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the continuity of operations, the realization of assets and the satisfaction of liabilities in the normal course of business. Ferrellgas, L.P. has $500.0 million in unsecured notes due May 1, 2021, that are classified as current in its condensed consolidated financial statements. Additionally, Ferrellgas Partners has outstanding $357.0 million principal amount of unsecured notes due June 15, 2020 (the “Ferrellgas Partners Notes due 2020”), which Ferrellgas Partners failed to repay when due at maturity. The Ferrellgas Partners Notes due 2020 were classified as current on the consolidated balance sheet as of July 31, 2020. As a result of the filing of the Chapter 11 Cases (as defined and described below under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases”), the Ferrellgas Partners Notes due 2020 were reclassified as liabilities subject to compromise on the condensed consolidated balance sheet as of January 31, 2021. The ability of Ferrellgas Partners to restructure, refinance or otherwise satisfy these notes is uncertain. Given these concerns, Ferrellgas Partners believes there is substantial doubt about Ferrellgas, L.P.’s ability to continue as a going concern. Ferrellgas has engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities. See Note F – Debt below for further discussion of the outstanding debt. Transaction Support Agreement and Chapter 11 Bankruptcy Cases On December 10, 2020, Ferrellgas Partners, Ferrellgas Partners Finance Corp., Ferrellgas, L.P., Ferrellgas, Inc., Ferrellgas GP II, LLC, Ferrellgas GP III, LLC and certain of their affiliates (collectively, the “Ferrellgas Parties”) entered into a Transaction Support Agreement (the “TSA”) with certain holders of, or investment advisors, sub-advisors, or managers of discretionary accounts that hold, claims (collectively, the “Consenting Noteholders”) arising under, derived from or based upon the indenture governing the Ferrellgas Partners Notes due 2020. The TSA sets forth (i) a restructuring process to satisfy the obligations of Ferrellgas Partners and Ferrellgas Partners Finance Corp. under the Ferrellgas Partners Notes due 2020 (the “Ferrellgas Partners Transactions”), which would be effectuated through pre-packaged voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) to be filed by only Ferrellgas Partners and Ferrellgas Partners Finance Corp. and the confirmation of a pre-packaged joint plan of reorganization for Ferrellgas Partners and Ferrellgas Partners Finance Corp.(the “Plan”), and (ii) a refinancing process of Ferrellgas, L.P., including but not limited to, replacement of Ferrellgas, L.P.’s existing unsecured notes due 2021, 2022 and 2023 (the “operating partnership Transactions” and, together with the Ferrellgas Partners Transactions, the “TSA Transactions”), which would be consummated on the effective date (the “Effective Date”) of the Plan implementing the Ferrellgas Partners Transactions and would close simultaneously with the Ferrellgas Partners Transactions effectuated under the Plan. Generally, the TSA contemplates, among other things, the TSA Transactions and certain changes to the capital structure and governance of the Ferrellgas Parties as described in more detail in the TSA. Pursuant to the TSA, and subject to the terms and conditions thereof, the parties thereto agreed to support, act in good faith and take all steps reasonably necessary and desirable to implement and consummate the TSA Transactions until the TSA Transactions are consummated or the TSA is terminated. The Consenting Noteholders agreed, among other things, (i) to forbear from taking actions with respect to any default or event of default by the Ferrellgas Parties under the indenture governing the Ferrellgas Partners Notes due 2020 which arises solely as a result of the failure to make payments of the principal due on the Ferrellgas Partners Notes due 2020, and (ii) to vote in favor of any matter requiring approval to the extent necessary to implement the TSA Transactions and the Plan. The TSA contains certain milestones relating to the commencement of the solicitation of acceptances of the Plan (the “Solicitation”) from holders of the Ferrellgas Partners Notes due 2020 and holders of Ferrellgas Partners’ common units, the refinancing process and the Chapter 11 Cases, which include the dates by which Ferrellgas Partners was required to commence the Solicitation and, thereafter, commence the Chapter 11 Cases or obtain certain approval orders of the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). In addition, the milestones include the obligation of Ferrellgas Partners and Ferrellgas Partners Finance Corp. to emerge from chapter 11 protection no later than April 4, 2021, unless that deadline is extended pursuant to the terms of the TSA. The TSA also provides that the TSA may be terminated by the Required Consenting Noteholders (as defined therein) with respect to the Consenting Noteholders or by any Ferrellgas Party with respect to the Ferrellgas Parties upon the occurrence of certain events set forth therein. In particular, the Ferrellgas Parties may terminate the TSA in the event the governing body of any Ferrellgas Party determines, after consulting with counsel, (i) that continuing to pursue any of the TSA Transactions in the manner contemplated by the TSA would be inconsistent with the exercise of its contractual or fiduciary duties or applicable law or (ii) in the exercise of its contractual or fiduciary duties, to pursue an alternative transaction proposal. Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Solicitation on December 21, 2020 and by January 22, 2021 received sufficient votes from the requisite holders of the Ferrellgas Partners Notes due 2020 and the requisite holders of Ferrellgas Partners’ common units to obtain approval of the Plan from the Bankruptcy Court. Subject to any changes, the Solicitation process is complete. The Plan remains subject to the approval of the Bankruptcy Court. On January 11, 2021, Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. The Chapter 11 Cases are being jointly administered under the caption and case numbers, In re: Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp., Chapter 11 Case Nos. 21-10020 and 21-10021. Following the filing of the Chapter 11 Cases, Ferrellgas Partners and Ferrellgas Partners Finance Corp. have continued, and plan to continue, to operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and order of the Bankruptcy Court. There is no assurance that the Plan will be approved by the Bankruptcy Court or that the TSA Transactions will be consummated and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. Additionally, see Note F – Debt below for further discussion of the outstanding debt.
Ferrellgas Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Organization And Formation	A. 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 “operating partnership”). The operating partnership contributed $1,000 to the Finance Corp. on January 24, 2003 in exchange for 1,000 shares of common stock. The Finance Corp. has nominal assets, does not conduct any operations and has no employees. Going Concern The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the continuity of operations, the realization of assets and the satisfaction of liabilities in the normal course of business. As discussed in Note B – Contingencies and commitments, the Finance Corp serves as co-issuer and co-obligor for debt securities of the operating partnership. The operating partnership has outstanding $500.0 million principal amount of unsecured notes due May 1, 2021, that are classified as current in the operating partnership’s condensed consolidated financial statements. This obligation is only reported on the operating partnership’s condensed consolidated balance sheet. The ability of the operating partnership to restructure, refinance or otherwise satisfy these notes is uncertain. Additionally, the Finance Corp. does not have sufficient cash reserves or the ability to generate sufficient future cash flows to satisfy its obligations as co-obligor of the debt securities of the operating partnership. Given these concerns, we believe there is substantial doubt about the Finance Corp.’s ability to continue as a going concern. Ferrellgas has engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities. Transaction Support Agreement and Chapter 11 Bankruptcy Cases On December 10, 2020, Ferrellgas Partners, Ferrellgas Partners Finance Corp., the operating partnership, the Finance Corp., Ferrellgas, Inc., Ferrellgas GP II, LLC, Ferrellgas GP III, LLC and certain of their affiliates (collectively, the “Ferrellgas Parties”) entered into a Transaction Support Agreement (the “TSA”) with certain holders of, or investment advisors, sub-advisors, or managers of discretionary accounts that hold, claims (collectively, the “Consenting Noteholders”) arising under, derived from or based upon the indenture governing the Ferrellgas Partners Notes due 2020. The TSA sets forth (i) a restructuring process to satisfy the obligations of Ferrellgas Partners and Ferrellgas Partners Finance Corp. under the Ferrellgas Partners Notes due 2020 (the “Ferrellgas Partners Transactions”), which would be effectuated through pre-packaged voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) to be filed by only Ferrellgas Partners and Ferrellgas Partners Finance Corp. and the confirmation of a pre-packaged joint plan of reorganization for Ferrellgas Partners and Ferrellgas Partners Finance Corp. (the “Plan”), and (ii) a refinancing process of the operating partnership and the Finance Corp., including but not limited to, replacement of the operating partnership’s and the Finance Corp.’s existing unsecured notes due 2021, 2022 and 2023 (the “operating partnership Transactions” and, together with the Ferrellgas Partners Transactions, the “TSA Transactions”), which would be consummated on the effective date (the “Effective Date”) of the Plan implementing the Ferrellgas Partners Transactions and would close simultaneously with the Ferrellgas Partners Transactions effectuated under the Plan. Generally, the TSA contemplates, among other things, the TSA Transactions and certain changes to the capital structure and governance of the Ferrellgas Parties as described in more detail in the TSA. Pursuant to the TSA, and subject to the terms and conditions thereof, the parties thereto agreed to support, act in good faith and take all steps reasonably necessary and desirable to implement and consummate the TSA Transactions until the TSA Transactions are consummated or the TSA is terminated. The Consenting Noteholders agreed, among other things, (i) to forbear from taking actions with respect to any default or event of default by the Ferrellgas Parties under the indenture governing the Ferrellgas Partners Notes due 2020 which arises solely as a result of the failure to make payments of the principal due on the Ferrellgas Partners Notes due 2020, and (ii) to vote in favor of any matter requiring approval to the extent necessary to implement the TSA Transactions and the Plan. The TSA contains certain milestones relating to the commencement of the solicitation of acceptances of the Plan (the “Solicitation”) from holders of the Ferrellgas Partners Notes due 2020 and holders of Ferrellgas Partners’ common units, the refinancing process and the Chapter 11 Cases, which include the dates by which Ferrellgas Partners was required to commence the Solicitation and, thereafter, commence the Chapter 11 Cases or obtain certain approval orders of the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). In addition, the milestones include the obligation of Ferrellgas Partners and the Finance Corp. to emerge from chapter 11 protection no later than April 4, 2021, unless that deadline is extended pursuant to the terms of the TSA. The TSA also provides that the TSA may be terminated by the Required Consenting Noteholders (as defined therein) with respect to the Consenting Noteholders or by any Ferrellgas Party with respect to the Ferrellgas Parties upon the occurrence of certain events set forth therein. In particular, the Ferrellgas Parties may terminate the TSA in the event the governing body of any Ferrellgas Party determines, after consulting with counsel, (i) that continuing to pursue any of the TSA Transactions in the manner contemplated by the TSA would be inconsistent with the exercise of its contractual or fiduciary duties or applicable law or (ii) in the exercise of its contractual or fiduciary duties, to pursue an alternative transaction proposal. Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Solicitation on December 21, 2020 and by January 22, 2021 received sufficient votes from the requisite holders of the Ferrellgas Partners Notes due 2020 and the requisite holders of Ferrellgas Partners’ common units to obtain approval of the Plan from the Bankruptcy Court. Subject to any changes, the Solicitation process is complete. The Plan remains subject to the approval of the Bankruptcy Court. On January 11, 2021, Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. The Chapter 11 Cases are being jointly administered under the caption and case numbers, In re: Ferrellgas Partners, L.P. and Ferrellgas Partners Finance Corp., Chapter 11 Case Nos. 21-10020 and 21-10021. Following the filing of the Chapter 11 Cases, Ferrellgas Partners and Ferrellgas Partners Finance Corp. have continued, and plan to continue, to operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and order of the Bankruptcy Court. There is no assurance that the Plan will be approved by the Bankruptcy Court or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain.

Summary Of Significant Accounting Policies	6 Months Ended
Summary Of Significant Accounting Policies	Jan. 31, 2021
Significant Accounting Policies
Summary Of Significant Accounting Policies	B. 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, allowance for expected credit losses, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, determination of incremental borrowing rate used to measure right-of-use asset and lease liability, fair values of derivative contracts and stock-based compensation calculations. Update to accounting estimates: On August 1, 2020 Ferrellgas adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326). As a result, we updated our significant accounting policies for the measurement of expected credit losses below. Allowance for expected credit losses Ferrellgas closely monitors accounts receivable balances and estimates the allowance for expected credit losses. The estimate is primarily based on historical collection experience and other factors, including those related to current market conditions and events. The expected credit losses associated with accounts receivable have not historically been material and the adoption impact on Ferrellgas’ allowance for expected credit losses was immaterial as of January 31, 2021. (2) New accounting standards: FASB Accounting Standard Update No. 2016‑13 In June 2016, the FASB issued ASU 2016‑13, Financial Instruments - Credit Losses (Topic 326), which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas adopted the amended guidance effective August 1, 2020. The adoption of this standard did not have a material impact on the condensed consolidated financial statements.
Ferrellgas, L.P. [Member]
Significant Accounting Policies
Summary Of Significant Accounting Policies	B. 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, allowance for expected credit losses, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, determination of incremental borrowing rate used to measure right-of-use asset and lease liability, fair values of derivative contracts and stock-based compensation calculations. Update to accounting estimates: On August 1, 2020 Ferrellgas, L.P. adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326). As a result, we updated our significant accounting policies for the measurement of expected credit losses below. Allowance for expected credit losses Ferrellgas, L.P. closely monitors accounts receivable balances and estimates the allowance for expected credit losses. The estimate is primarily based on historical collection experience and other factors, including those related to current market conditions and events. The expected credit losses associated with accounts receivable have not historically been material and the adoption impact on Ferrellgas, L.P.’s allowance for expected credit losses was immaterial as of January 31, 2021. (2) New accounting standards: FASB Accounting Standard Update No. 2016‑13 In June 2016, the FASB issued ASU 2016‑13, Financial Instruments - Credit Losses (Topic 326), which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas, L.P. adopted the amended guidance effective August 1, 2020. The adoption of this standard did not have a material impact on the condensed consolidated financial statements. .

Leases

6 Months Ended

Jan. 31, 2021

Leases

C. Leases

The following table provides the operating and financing ROU assets and lease liabilities as of January 31, 2021 and July 31, 2020:


Leases	Classification		January 31, 2021		July 31, 2020
Assets
Operating lease assets	Operating lease right-of-use assets	$	97,249	$	107,349
Financing lease assets	Other assets, net		38,045		41,426
Total leased assets		$	135,294	$	148,775

Liabilities
Current
Operating	Current operating lease liabilities	$	27,895	$	29,345
Financing	Other current liabilities		7,405		6,955
Noncurrent
Operating	Operating lease liabilities		80,901		89,022
Financing	Other liabilities		30,537		33,473
Total leased liabilities		$	146,738	$	158,795

The following table provides the lease expenses for the three and six months ended January 31, 2021 and 2020:


		For the three months ended January 31,				For the six months ended January 31,
Leases expense	Classification	2021		2020		2021		2020

Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,497	$	1,664	$	3,280	$	3,405
	Operating expense - equipment lease expense		6,513		8,156		12,955		15,763
	Cost of sales - propane and other gas liquids sales		492		324		1,018		713
	General and administrative expense		194		697		476		963
Total operating lease expense			8,696		10,841		17,729		20,844

Short-term expense	Operating expense - personnel, vehicle, plant and other		1,873		2,012		3,905		3,966
	General and administrative expense		123		141		364		251
Total short-term expense			1,996		2,153		4,269		4,217

Variable lease expense	Operating expense - personnel, vehicle, plant and other		798		671		1,544		1,346
	Operating expense - equipment lease expense		349		153		737		886
Total variable lease expense			1,147		824		2,281		2,232

Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		2,189		435		4,354		475
Interest on lease liabilities	Interest expense		963		318		1,908		360
Total finance lease expense			3,152		753		6,262		835

Total lease expense (a)		$	14,991	$	14,571	$	30,541	$	28,128

(a)

For the three and six months ended January 31, 2021 Ferrellgas also recognized $0.1 million and $0.2 million, respectively, of expense related to the accretion of lease exit costs associated with a crude oil storage agreement that is no longer being utilized, primarily due to various Midstream dispositions, and for which Ferrellgas does not anticipate any future economic benefit. For the three and six months ended January 31, 2020 Ferrellgas also recognized $0.1 million and $0.2 million, respectively, of expense related to the accretion of lease exit costs associated with a crude oil storage agreement that is no longer being utilized, primarily due to various Midstream dispositions, and for which Ferrellgas does not anticipate any future economic benefit.

Minimum annual payments under existing operating and finance lease liabilities as of January 31, 2021 are as follows:


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

The following table represents the weighted-average remaining lease term and discount rate as of January 31, 2021:


	As of January 31, 2021
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	5.1	8.3%
Finance leases	5.6	8.7%

Cash flow information is presented below:


	For the six months ended January 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	17,546	$	21,647

Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	1,729	$	360
Financing cash flows	$	3,460	$	320

Ferrellgas, L.P. [Member]

Leases

C. Leases

The following table provides the operating and financing ROU assets and lease liabilities as of January 31, 2021 and July 31, 2020:


Leases	Classification		January 31, 2021		July 31, 2020
Assets
Operating lease assets	Operating lease right-of-use assets	$	97,249	$	107,349
Financing lease assets	Other assets, net		38,045		41,426
Total leased assets		$	135,294	$	148,775

Liabilities
Current
Operating	Current operating lease liabilities	$	27,895	$	29,345
Financing	Other current liabilities		7,405		6,955
Noncurrent
Operating	Operating lease liabilities		80,901		89,022
Financing	Other liabilities		30,537		33,473
Total leased liabilities		$	146,738	$	158,795

The following table provides the lease expenses for the three and six months ended January 31, 2021 and 2020:


		For the three months ended January 31,				For the six months ended January 31,
Leases expense	Classification	2021		2020		2021		2020

Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,497	$	1,664	$	3,280	$	3,405
	Operating expense - equipment lease expense		6,513		8,156		12,955		15,763
	Cost of sales - propane and other gas liquids sales		492		324		1,018		713
	General and administrative expense		194		697		476		963
Total operating lease expense			8,696		10,841		17,729		20,844

Short-term expense	Operating expense - personnel, vehicle, plant and other		1,873		2,012		3,905		3,966
	General and administrative expense		123		141		364		251
Total short-term expense			1,996		2,153		4,269		4,217

Variable lease expense	Operating expense - personnel, vehicle, plant and other		798		671		1,544		1,346
	Operating expense - equipment lease expense		349		153		737		886
Total variable lease expense			1,147		824		2,281		2,232

Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		2,189		435		4,354		475
Interest on lease liabilities	Interest expense		963		318		1,908		360
Total finance lease expense			3,152		753		6,262		835

Total lease expense (a)		$	14,991	$	14,571	$	30,541	$	28,128

(a)

For the three and six months ended January 31, 2021 Ferrellgas, L.P. also recognized $0.1 million and $0.2 million, respectively, of expense related to the accretion of lease exit costs associated with a crude oil storage agreement that is no longer being utilized, primarily due to various Midstream dispositions, and for which Ferrellgas does not anticipate any future economic benefit. For the three and six months ended January 31, 2020 Ferrellgas, L.P. also recognized $0.1 million and $0.2 million, respectively, of expense related to the accretion of lease exit costs associated with a crude oil storage agreement that is no longer being utilized, primarily due to various Midstream dispositions, and for which Ferrellgas does not anticipate any future economic benefit.

Minimum annual payments under existing operating and finance lease liabilities as of January 31, 2021 are as follows:


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

The following table represents the weighted-average remaining lease term and discount rate as of January 31, 2021:


	As of January 31, 2021
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	5.1	8.3%
Finance leases	5.6	8.7%

Cash flow information is presented below:


	For the six months ended January 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	17,546	$	21,647

Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	1,729	$	360
Financing cash flows	$	3,460	$	320

Supplemental Financial Statement Information

6 Months Ended

Jan. 31, 2021

Supplemental Financial Statement Information [Line Items]

Supplemental Financial Statement Information

D. Supplemental financial statement information

Inventories consist of the following:


	January 31, 2021		July 31, 2020
Propane gas and related products	$	76,843	$	58,733
Appliances, parts and supplies, and other		13,630		13,931
Inventories	$	90,473	$	72,664

In addition to inventories on hand, Ferrellgas enters into contracts to take delivery of propane for supply procurement purposes with terms that generally do not exceed 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2021, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 2.7 million gallons of propane at fixed prices.

Prepaid expenses and other current assets consist of the following:


	January 31, 2021		July 31, 2020
Broker margin deposit assets	$	19,410	$	14,398
Price risk management asset		32,270		2,846
Other		21,234		18,700
Prepaid expenses and other current assets	$	72,914	$	35,944

Other current liabilities consist of the following:


	January 31, 2021		July 31, 2020
Accrued interest	$	34,583	$	53,841
Customer deposits and advances		33,144		32,257
Accrued payroll		23,902		18,375
Accrued insurance		11,416		14,796
Other		88,863		48,197
Other current liabilities	$	191,908	$	167,466

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


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense - personnel, vehicle, plant and other	$	56,723	$	64,987	$	104,253	$	113,002
Depreciation and amortization expense		1,958		2,036		6,481		3,876
Operating expense - equipment lease expense		5,793		7,984		11,676		15,626
	$	64,474	$	75,007	$	122,410	$	132,504

Cash and cash equivalents consist of the following:


	January 31, 2021		July 31, 2020
Cash and cash equivalents	$	217,434	$	238,002
Restricted cash (1)		109,049		95,759
Cash, cash equivalents and restricted cash	$	326,483	$	333,761

(1)

As of January 31, 2021, the $109.0 million of restricted cash includes $91.5 million of pledged cash collateral for letters of credit outstanding, an $11.5 million cash deposit made with the administrative agent under the terminated Senior Secured Credit Facility, which may be used by the administrative agent to pay contingent obligations arising under the Financing Agreement that governed the Senior Secured Credit Facility, and $6.0 million of additional pledged collateral. As of July 31, 2020, the $95.8 million of restricted cash includes $78.2 million of pledged cash collateral for letters of credit outstanding, an $11.5 million cash deposit made with the administrative agent under the terminated Senior Secured Credit Facility, which may be used by the administrative agent to pay contingent obligations arising under the Financing Agreement that governed the Senior Secured Credit Facility, and $6.1 million of additional pledged collateral. For additional discussion see Note F – Debt.

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 six months ended January 31,
	2021		2020
Cash paid for:
Interest	$	88,107	$	83,826
Income taxes	$	305	$	1
Non-cash investing and financing activities:
Liability incurred in connection with Financing Agreement amendment	$	—	$	8,863
Liabilities incurred in connection with acquisitions	$	—	$	520
Change in accruals for property, plant and equipment additions	$	(178)	$	268
Lease liabilities arising from operating right-of-use assets	$	4,262	$	21,606
Lease liabilities arising from finance right-of-use assets	$	972	$	12,241

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information [Line Items]

Supplemental Financial Statement Information

D. Supplemental financial statement information

Inventories consist of the following:


	January 31, 2021		July 31, 2020
Propane gas and related products	$	76,843	$	58,733
Appliances, parts and supplies, and other		13,630		13,931
Inventories	$	90,473	$	72,664

In addition to inventories on hand, Ferrellgas, L.P. enters into contracts to take delivery of propane for supply procurement purposes with terms that generally do not exceed 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2021, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 2.7 million gallons of propane at fixed prices.

Prepaid expenses and other current assets consist of the following:


	January 31, 2021		July 31, 2020
Broker margin deposit assets	$	19,410	$	14,398
Price risk management asset		32,270		2,846
Other		21,426		18,653
Prepaid expenses and other current assets	$	73,106	$	35,897

Other current liabilities consist of the following:


	January 31, 2021		July 31, 2020
Accrued interest	$	34,583	$	34,511
Customer deposits and advances		33,144		32,257
Accrued payroll		23,902		18,375
Accrued insurance		11,416		14,796
Other		87,663		48,197
Other current liabilities	$	190,708	$	148,136

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


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense - personnel, vehicle, plant and other	$	56,723	$	64,987	$	104,253	$	113,002
Depreciation and amortization expense		1,958		2,036		6,481		3,876
Operating expense - equipment lease expense		5,793		7,984		11,676		15,626
	$	64,474	$	75,007	$	122,410	$	132,504

Cash and cash equivalents consist of the following:


	January 31, 2021		July 31, 2020
Cash and cash equivalents	$	197,528	$	237,996
Restricted cash (1)		109,049		95,759
Cash, cash equivalents and restricted cash	$	306,577	$	333,755

(1)

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 six months ended January 31,
	2021		2020
Cash paid for:
Interest	$	88,107	$	68,430
Income taxes	$	290	$	1
Non-cash investing and financing activities:
Liability incurred in connection with Financing Agreement amendment	$	—	$	8,863
Liabilities incurred in connection with acquisitions	$	—	$	520
Change in accruals for property, plant and equipment additions	$	(178)	$	268
Lease liabilities arising from operating right-of-use assets	$	4,262	$	21,606
Lease liabilities arising from finance right-of-use assets	$	972	$	12,241

Accounts And Notes Receivable, Net And Accounts Receivable Securitization

6 Months Ended

Jan. 31, 2021

Accounts, Notes, Loans and Financing Receivable [Line Items]

Accounts and notes receivable, net and accounts receivable securitization

E. Accounts and notes receivable, net and accounts receivable securitization

Accounts and notes receivable, net consist of the following:


	January 31, 2021		July 31, 2020
Accounts receivable pledged as collateral	$	200,443	$	103,703
Accounts receivable not pledged as collateral (including other reserves)		8,307		(825)
Note receivable		15,148		12,648
Other		37		36
Less: Allowance for expected credit losses		(17,655)		(14,124)
Accounts and notes receivable, net	$	206,280	$	101,438

At January 31, 2021, $200.4 million of trade accounts receivable were pledged as collateral, but Ferrellgas had no outstanding collateralized notes payable due to a commercial paper conduit. At July 31, 2020, $103.7 million of trade accounts receivable were pledged as collateral, but Ferrellgas had no outstanding collateralized notes payable due to a 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 January 31, 2021, Ferrellgas had received no cash proceeds from trade accounts receivables securitized, with $87.0 million remaining capacity to receive additional proceeds or issue letters of credit. As of July 31, 2020, Ferrellgas had received no cash proceeds from trade accounts receivables securitized, with $11.0 million remaining capacity to receive additional proceeds or issue letters of credit.

The agreement governing the accounts receivable securitization facility (the “Purchase Agreement”) requires the operating partnership to maintain a fixed charge coverage ratio of not less than 1.00x and a senior secured leverage ratio of not greater than 3.00x. The operating partnership was in compliance with these financial ratio requirements as of January 31, 2021. However, if at any time the operating partnership is not in compliance with these financial ratio requirements, Ferrellgas will be unable to access the facility for working capital or other cash requirements and the facility may be terminated. This facility matures in May 2021 and includes an option, at Ferrellgas’ request and consent, for the purchasers in their sole discretion to extend the facility for up to an additional three years.

Ferrellgas, L.P. [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Accounts and notes receivable, net and accounts receivable securitization

E. Accounts and notes receivable, net and accounts receivable securitization

Accounts and notes receivable, net consist of the following:


	January 31, 2021		July 31, 2020
Accounts receivable pledged as collateral	$	200,443	$	103,703
Accounts receivable not pledged as collateral (including other reserves)		8,307		(825)
Note receivable		15,148		12,648
Other		37		36
Less: Allowance for expected credit losses		(17,655)		(14,124)
Accounts and notes receivable, net	$	206,280	$	101,438

At January 31, 2021, $200.4 million of trade accounts receivable were pledged as collateral, but Ferrellgas, L.P. had no outstanding collateralized notes payable due to a commercial paper conduit. At July 31, 2020, $103.7 million of trade accounts receivable were pledged as collateral, but Ferrellgas, L.P. had no outstanding collateralized notes payable due to a 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 January 31, 2021, Ferrellgas, L.P. had received no cash proceeds from trade accounts receivables securitized, with $87.0 million remaining capacity to receive additional proceeds or issue letters of credit. As of July 31, 2020, Ferrellgas, L.P. had received no cash proceeds from trade accounts receivables securitized, with $11.0 million remaining capacity to receive additional proceeds or issue letters of credit.

The agreement governing the accounts receivable securitization facility (the “Purchase Agreement”) requires the operating partnership to maintain a fixed charge coverage ratio of not less than 1.00x and a senior secured leverage ratio of not greater than 3.00x. The operating partnership was in compliance with these financial ratio requirements as of January 31, 2021. However, if at any time the operating partnership is not in compliance with these financial ratio requirements, Ferrellgas, L.P. will be unable to access the facility for working capital or other cash requirements and the facility may be terminated. This facility matures in May 2021 and includes an option, at Ferrellgas, L.P.’s request and consent, for the purchasers in their sole discretion to extend the facility for up to an additional three years.

Debt

6 Months Ended

Jan. 31, 2021

Debt Instrument [Line Items]

Debt Disclosure [Text Block]

F. Debt

Long-term debt

Long-term debt consists of the following:


	January 31, 2021		July 31, 2020
Unsecured senior notes
Fixed rate, 6.50%, due 2021 (1)	$	500,000	$	500,000
Fixed rate, 6.75%, due 2023 (2)		500,000		500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $605 and $937 at January 31, 2021 and July 31, 2020, respectively (3)		475,605		475,937
Fixed rate, 8.625%, due 2020 (4)		357,000		357,000

Secured senior notes
Fixed rate, 10.00%, due 2025, net of unamortized premium of $3,270 at January 31, 2021 and $3,573 at July 31, 2020, respectively (5)		703,270		703,573

Notes payable
7.7% and 9.4% weighted average interest rate at January 31, 2021 and July 31, 2020, respectively, due 2021 to 2029, net of unamortized discount of $374 and $537 at January 31, 2021 and July 31, 2020, respectively		3,607		4,564
Total debt, excluding unamortized debt issuance and other costs		2,539,482		2,541,074
Unamortized debt issuance and other costs		(30,207)		(35,583)
Less: current portion of long-term debt		501,865		859,095
Less: debt subject to compromise		357,000		—
Long-term debt	$	1,650,410	$	1,646,396

(1)

During November 2010, the operating partnership issued $500.0 million aggregate principal amount of 6.50% senior notes due 2021. These notes are general unsecured senior obligations of the operating partnership and are (i) effectively junior to all existing and future senior secured indebtedness of the operating partnership, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of the operating partnership’s subsidiaries. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on May 1 and November 1 of each year. The outstanding principal amount is due on May 1, 2021. These notes are classified as current in the condensed consolidated financial statements.

(2)

During June 2015, the operating partnership issued $500.0 million aggregate principal amount of 6.75% senior notes due 2023. These notes are general unsecured senior obligations of the operating partnership and are (i) effectively junior to all existing and future senior secured indebtedness of the operating partnership, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of any subsidiary of the operating partnership that is not a guarantor of these notes. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on June 15 and December 15 of each year. The outstanding principal amount is due June 15, 2023. The operating partnership would incur prepayment penalties if it were to repay the notes prior to June 15, 2021.

(3)

During fiscal 2014, the operating partnership issued $475.0 million aggregate principal amount of 6.75% senior notes due 2022, $325.0 million of which was issued at par and $150.0 million of which was issued at 104% of par. These notes are general unsecured senior obligations of the operating partnership and are (i) effectively junior to all existing and future senior secured indebtedness of the operating partnership, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of the operating partnership’s subsidiaries. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on January 15 and July 15 of each year. The outstanding principal amount is due January 15, 2022.

(4)

During January 2017, Ferrellgas Partners issued $175.0 million aggregate principal amount of additional 8.625% unsecured senior notes due 2020 (referred to herein as the Ferrellgas Partners Notes due 2020), issued at 96% of par. Ferrellgas Partners contributed the net proceeds from the offering of approximately $166.1 million to the operating partnership, which used such amounts to repay borrowings under its previous senior secured credit facility. During April 2010, Ferrellgas Partners issued $280.0 million of these notes. During March 2011, Ferrellgas Partners redeemed $98.0 million of these notes. The Ferrellgas Partners Notes due 2020 are general unsecured senior obligations of Ferrellgas Partners and are (i) effectively junior to all existing and future senior secured indebtedness of Ferrellgas Partners, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of the operating partnership and its subsidiaries. These notes bear interest from the date of issuance, payable semi-annually in arrears on June 15 and December 15 of each year. The outstanding principal amount was due on June 15, 2020, but has not been repaid. The Ferrellgas Partners Notes due 2020 were classified as current on the consolidated balance sheet as of July 31, 2020. As a result of the filing of the Chapter 11 Cases, the Ferrellgas Partners Notes due 2020 were reclassified as liabilities subject to compromise on the condensed consolidated balance sheet as of January 31, 2021.

(5)

During April 2020, the operating partnership issued $700.0 million aggregate principal amount of 10.00% senior secured first lien notes due 2025, $575.0 million of which was issued at par and $125.0 million of which was issued at 103% of par. These notes are senior secured obligations of the operating partnership and the guarantors of such notes, including Ferrellgas Partners, the general partners of the operating partnership and certain subsidiaries of the operating partnership, and are (i) effectively senior to all existing senior unsecured indebtedness of the operating partnership and the guarantors, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of Ferrellgas Receivables, LLC, a special purpose subsidiary that does not guarantee the notes. The senior notes bear interest from the date of issuance, payable semiannually in arrears on April 15 and October 15 of each year. The operating partnership would incur prepayment penalties if it were to repay the notes prior to April 15, 2024. The outstanding principal amount is due on April 15, 2025.

The scheduled principal payments on long-term debt are as follows:


	Scheduled
Payment due by fiscal year	principal payments
2021 (a)	$	858,000
2022		476,435
2023		500,999
2024		329
2025		700,199
Thereafter		19
Total	$	2,535,981

(a)

Includes the Ferrellgas Partners Notes due 2020, which matured on June 15, 2020, but have not yet been repaid.

Additionally, see the discussion of the TSA and the Chapter 11 Cases under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Partnership organization and formation above.

Letters of credit outstanding at January 31, 2021 and July 31, 2020 totaled $138.8 million and $126.0 million, respectively, and were used to secure insurance arrangements, product purchases and commodity hedges. At January 31, 2021 and July 31, 2020, Ferrellgas did not have in place a credit facility providing for the issuance of letters of credit and had $91.5 million and $78.2 million, respectively, of restricted cash pledged as cash collateral for letters of credit outstanding. Additionally, at both January 31, 2021 and July 31, 2020, Ferrellgas also issued letters of credit of $50.0 million by utilizing our liquidity available on the accounts receivable securitization facility.

Financial covenants

The indenture governing the outstanding Ferrellgas Partners Notes due 2020 and the agreements governing the operating partnership’s indebtedness contain various covenants that limit Ferrellgas Partners’ ability and the ability of specified subsidiaries to, among other things, make restricted payments and incur additional indebtedness. The general partner believes that the most restrictive of these covenants are the restricted payments covenants in the indenture governing the outstanding Ferrellgas Partners Notes due 2020 and the indentures governing the outstanding notes of the operating partnership, which are discussed below.

Ferrellgas Partners, L.P., the master limited partnership

Following the failure to repay the Ferrellgas Partners Notes due 2020 when due at maturity, Ferrellgas Partners has continued to comply with the restrictive covenants set forth in the indenture governing those notes as it continues its efforts to address the Ferrellgas Partners Notes due 2020, reduce existing indebtedness and address its other debt maturities.

The indenture governing the Ferrellgas Partners Notes due 2020 contains a covenant that restricts the ability of Ferrellgas Partners to make certain restricted payments, including distributions on its common units.

Under this covenant, subject to the limited exception described below, Ferrellgas Partners may not make a restricted payment unless its consolidated fixed charge coverage ratio (defined in the indenture generally to mean the ratio of trailing four quarters consolidated EBITDA to consolidated interest expense, both as adjusted for certain, specified items) is at least 1.75x, on a pro forma basis giving effect to the restricted payment and, if applicable, certain other specified events. As of January 31, 2021, Ferrellgas Partners’ consolidated fixed charge coverage ratio was 1.44x.

If the consolidated fixed charge coverage ratio is below 1.75x, Ferrellgas Partners may make restricted payments of up to $50.0 million in total over a sixteen quarter period. As a result of distributions paid to common unitholders in September 2017, December 2017, March 2018, June 2018, and September 2018, while this ratio was less than 1.75x, Ferrellgas Partners has used substantially all of its capacity under the limited exception and therefore is currently restricted by this covenant from making future restricted payments, including distributions to common unitholders. Further, regardless of whether Ferrellgas Partners had any capacity to make restricted payments under the limited exception, the indenture governing the Ferrellgas Partners Notes due 2020 generally prohibits Ferrellgas Partners from making restricted payments if a default or event of default under the indenture has occurred and is continuing, and the failure to repay the principal amount of and accrued interest on these notes at maturity constitutes an event of default. Accordingly, no distributions have been or will be paid to common unitholders for the three months ended January 31, 2021, and the general partner expects that this covenant will continue to prohibit Ferrellgas Partners from making common unit distributions, unless and until the outstanding notes of Ferrellgas Partners due 2020 are restructured, refinanced or otherwise satisfied, pursuant to the transactions contemplated by the TSA and the Plan or otherwise. See “—Debt and interest expense reduction strategy” below.

Ferrellgas, L.P., the operating partnership

Similar to the indenture governing the Ferrellgas Partners Notes due 2020, the indentures governing the outstanding notes of the operating partnership contain covenants that restrict the ability of the operating partnership to make certain restricted payments, including distributions to Ferrellgas Partners. Under these covenants, subject to the limited exceptions described below, the operating partnership may not make a restricted payment unless its consolidated fixed charge coverage ratio (defined in the indentures generally to mean the ratio of trailing four quarters consolidated EBITDA to consolidated interest expense, both as adjusted for certain, specified items) is at least 1.75x on a pro forma basis giving effect to the restricted payment and, if applicable, certain other specified events. As of January 31, 2021, the operating partnership’s consolidated fixed charge coverage ratio was 1.67x.

Under the covenants in the indentures governing the operating partnership’s unsecured notes, if the consolidated fixed charge coverage ratio is below 1.75x, the operating partnership may still make restricted payments in limited amounts determined under the indentures governing the operating partnership’s unsecured notes. The distributions made by the operating partnership on June 15, 2019 and December 15, 2019 for payment of interest on Ferrellgas Partners’ unsecured senior notes due June 2020 were made from capacity under this limited exception to the ratio requirement under the indentures governing the operating partnership’s unsecured notes. Under the most restrictive of the indentures governing the operating partnership’s unsecured notes, as of February 1, 2021, the remaining capacity under this limited exception will be reduced significantly, because, as of that date, the operating partnership will no longer be permitted to include the amount of the capital contribution made by Ferrellgas Partners to the operating partnership in January 2017 (from the proceeds of Ferrellgas Partners’ issuance of additional Ferrellgas Partners Notes due 2020 in January 2017, as described above) in the calculation of the amount of restricted payments it is able to make under the exception.

The indenture governing the operating partnership’s senior secured first lien notes due 2025 contains a similar but, in some respects, a different restricted payments covenant. The covenant in the secured notes indenture provides for the same 1.75x consolidated fixed charge coverage ratio test as the unsecured notes indentures and a limited exception when that ratio is below 1.75x. In addition, the secured notes indenture also provides that, subject to a separate limited exception, described below, the operating partnership generally may not make a restricted payment unless the operating partnership’s consolidated leverage ratio (defined in the secured notes indenture generally to mean the ratio of consolidated total debt to trailing four quarters consolidated EBITDA, both as adjusted for certain, specified items) is no greater than 5.5x, on a pro forma basis giving effect to the restricted payment and, if applicable, certain other specified events. The consolidated leverage ratio test applies regardless of whether the operating partnership’s consolidated fixed coverage ratio is at least 1.75x or below 1.75x. As of January 31, 2021, the operating partnership’s consolidated leverage ratio was substantially in excess of 5.5x. Additionally, the secured notes indenture provides for restricted payments under its limited exception to the consolidated fixed charge coverage ratio test that is less than the capacity available under the similar exception in the unsecured notes indentures. However, the secured notes indenture contains a separate exception to both the consolidated fixed charge coverage ratio test and the consolidated leverage ratio test that can be utilized to make certain specified restricted payments in a limited amount when the operating partnership does not meet either the consolidated fixed charge coverage ratio test or the consolidated leverage ratio test. As of January 31, 2021, this separate exception under the secured notes indenture had capacity for such specified restricted payments that is substantially the same as the capacity under the most restrictive of the operating partnership’s unsecured notes indentures as of January 31, 2021. This capacity under the secured notes indenture, as well as the capacity under the less restrictive of the unsecured notes indentures, will not be reduced as of February 1, 2021 as described above with respect to the capacity under the most restrictive of the unsecured notes indentures; however, the amount of restricted payments the operating partnership may make will be limited by the most restrictive of the unsecured notes indentures for so long as the notes issued under those indentures remain outstanding.

As described above, the Ferrellgas Partners Notes due 2020 matured on June 15, 2020, and the outstanding principal amount of those notes was due to be paid on that date, together with accrued interest to the maturity date. Although the operating partnership has some capacity to make distributions under the operating partnership’s unsecured and secured notes indentures, this capacity will not allow the operating partnership to make distributions to Ferrellgas Partners sufficient to pay the principal of and accrued interest on the Ferrellgas Partners Notes due 2020 that was due at the maturity of those notes. Further, as noted above, the remaining capacity of the operating partnership to make distributions to Ferrellgas Partners will be reduced significantly as of February 1, 2021. Additionally, the restrictions in these indentures currently limit, and as of February 1, 2021 will further limit significantly, the ability of the operating partnership to make distributions to Ferrellgas Partners to enable it to pay cash distributions to its unitholders.

Debt and interest expense reduction strategy

Ferrellgas continues to pursue a strategy to reduce its debt and interest expense. Currently, these efforts are focused on consummation of the transactions contemplated by the TSA and the Plan. See “—Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Partnership organization and formation above. Other opportunities include the generation of additional cash flows through accretive acquisitions, restructuring or refinancing of existing indebtedness other than pursuant to the TSA Transactions, maintaining the suspension of Ferrellgas’ common unit distributions, issuing equity or executing one or more debt exchanges. Ferrellgas expects to maintain its debt and interest expense reduction strategy until its consolidated leverage ratio reaches a level that it deems appropriate for its business. Ferrellgas engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities.

There is no assurance that the transactions contemplated by the TSA will be consummated or that Ferrellgas otherwise will be successful in pursuing its debt and interest expense reduction strategy.

Ferrellgas, L.P. [Member]

Debt Instrument [Line Items]

Debt Disclosure [Text Block]

F. Debt

Long-term debt

Long-term debt consists of the following:


	January 31, 2021		July 31, 2020
Unsecured senior notes
Fixed rate, 6.50%, due 2021 (1)	$	500,000	$	500,000
Fixed rate, 6.75%, due 2023 (2)		500,000		500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $605 and $937 at January 31, 2021 and July 31, 2020, respectively (3)		475,605		475,937

Secured senior notes
Fixed rate, 10.00%, due 2025, net of unamortized premium of $3,270 and $3,573 at January 31, 2021 and July 31, 2020, respectively (4)		703,270		703,573

Notes payable
7.7% and 9.4% weighted average interest rate at January 31, 2021 and July 31, 2020, respectively, due 2021 to 2029, net of unamortized discount of $374 and $537 at January 31, 2021 and July 31, 2020, respectively		3,607		4,564
Total debt, excluding unamortized debt issuance and other costs		2,182,482		2,184,074
Unamortized debt issuance and other costs		(30,207)		(35,583)
Less: current portion of long-term debt		501,865		502,095
Long-term debt	$	1,650,410	$	1,646,396

(1)

During November 2010, Ferrellgas, L.P. issued $500.0 million aggregate principal amount of 6.50% senior notes due 2021.These notes are general unsecured senior obligations of Ferrellgas, L.P. and are (i) effectively junior to all existing and future senior secured indebtedness of Ferrellgas, L.P., to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of the Ferrellgas, L.P.’s subsidiaries. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on May 1 and November 1 of each year. The outstanding principal amount is due on May 1, 2021.These notes are classified as current in the condensed consolidated financial statements.

(2)

During June 2015, Ferrellgas, L.P. issued $500.0 million aggregate principal amount of 6.75% senior notes due 2023. These notes are general unsecured senior obligations of Ferrellgas, L.P. and certain subsidiaries and are (i) effectively junior to all existing and future senior secured indebtedness of Ferrellgas, L.P. and such subsidiaries, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of any subsidiary of Ferrellgas, L.P. that is not a guarantor of these notes. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on June 15 and December 15 of each year. The outstanding principal amount is due on June 15, 2023. Ferrellgas, L.P. would incur prepayment penalties if it were to repay the notes prior to June 15, 2021.

(3)

During fiscal 2014, Ferrellgas, L.P. issued $475.0 million aggregate principal amount of 6.75% senior notes due 2022, $325.0 million of which was issued at par and $150.0 million of which was issued at 104% of par. These notes are general unsecured senior obligations of Ferrellgas, L.P. and are (i) effectively junior to all existing and future senior secured indebtedness of Ferrellgas, L.P., to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of Ferrellgas, L.P.’s subsidiaries. The senior notes bear interest from the date of issuance, payable semi-annually in arrears on January 15 and July 15 of each year. The outstanding principal amount is due on January 15, 2022.

(4)

During April 2020, Ferrellgas, L.P. issued $700.0 million aggregate principal amount of 10.00% senior secured first lien notes due 2025, $575.0 million of which was issued at par and $125.0 million of which was issued at 103% of par. These notes are senior secured obligations of Ferrellgas, L.P. and the guarantors of such notes, including Ferrellgas Partners, the general partners of Ferrellgas, L.P. and certain subsidiaries, and are (i) effectively senior to all existing senior unsecured indebtedness of Ferrellgas, L.P. and the guarantors, to the extent of the value of the assets securing such debt, and (ii) structurally subordinated to all existing and future indebtedness and obligations of Ferrellgas Receivables, LLC, a special purpose subsidiary that does not guarantee the notes. The senior notes bear interest from the date of issuance, payable semiannually in arrears on April 15 and October 15 of each year. The operating partnership would incur prepayment penalties if it were to repay the notes prior to April 15, 2024. The outstanding principal amount is due on April 15, 2025.

The scheduled principal payments on long-term debt are as follows:


Payment due by fiscal year	Scheduled principal payments
2021	$	501,000
2022		476,435
2023		500,999
2024		329
2025		700,199
Thereafter		19
Total	$	2,178,981

Letters of credit outstanding at January 31, 2021 and July 31, 2020 totaled $138.8 million and $126.0 million, respectively, and were used to secure insurance arrangements, product purchases and commodity hedges. At January 31, 2021 and July 31, 2020, Ferrellgas, L.P. did not have in place a credit facility providing for the issuance of letters of credit and had $91.5 million and $78.2 million, respectively, of restricted cash pledged as cash collateral for letters of credit outstanding. Additionally, at both January 31, 2021 and July 31, 2020, Ferrellgas, L.P. also issued letters of credit of $50.0 million by utilizing our liquidity available on the accounts receivable securitization facility.

Financial covenants

The indenture governing the outstanding Ferrellgas Partners Notes due 2020 and the agreements governing the outstanding notes of Ferrellgas, L.P. contain various covenants that limit Ferrellgas Partners’ ability and the ability of specified subsidiaries to, among other things, make restricted payments and incur additional indebtedness. The general partner believes that the most restrictive of these covenants are the restricted payments covenants discussed below.

Similar to the indenture governing the Ferrellgas Partners Notes due 2020, the indentures governing the outstanding notes of the operating partnership contain covenants that restrict the ability of the operating partnership to make certain restricted payments, including distributions to Ferrellgas Partners. Under these covenants, subject to the limited exception described below, the operating partnership may not make a restricted payment unless its consolidated fixed charge coverage ratio (defined in the indentures generally to mean the ratio of trailing four quarters consolidated EBITDA to consolidated interest expense, both as adjusted for certain, specified items) is at least 1.75x , on a pro forma basis giving effect to the restricted payment and, if applicable, certain other specified events. As of January 31, 2021, the operating partnership’s consolidated fixed charge coverage ratio was 1.67x.

Under the covenants in the indentures governing Ferrellgas, L.P.’s unsecured notes, if the consolidated fixed charge coverage ratio is below 1.75x, Ferrellgas, L.P. may still make restricted payments in limited amounts determined under the indentures governing Ferrellgas, L.P.’s unsecured notes. The distributions made by Ferrellgas, L.P. on June 15, 2019 and December 15, 2019 for payment of interest on Ferrellgas Partners’ unsecured senior notes due June 2020 were made from capacity under this limited exception to the ratio requirement under the indentures governing Ferrellgas, L.P.’s unsecured notes. Under the most restrictive of the indentures governing the operating partnership’s unsecured notes, as of February 1, 2021, the remaining capacity under this limited exception will be reduced significantly, because, as of that date, the operating partnership will no longer be permitted to include the amount of the capital contribution made by Ferrellgas Partners to the operating partnership in January 2017 (from the proceeds of Ferrellgas Partners’ issuance of additional Ferrellgas Partners Notes due 2020 in January 2017, as described above) in the calculation of the amount of restricted payments it is able to make under the exception.

The indenture governing Ferrellgas, L.P.’s senior secured first lien notes due 2025 contains a similar but, in some respects, a different restricted payments covenant. The covenant in the secured notes indenture provides for the same 1.75x consolidated fixed charge coverage ratio test as the unsecured notes indentures and a limited exception when that ratio is below 1.75x. In addition, the secured notes indenture also provides that, subject to a separate limited exception, described below, Ferrellgas, L.P. generally may not make a restricted payment unless Ferrellgas, L.P.’s consolidated leverage ratio (defined in the secured notes indenture generally to mean the ratio of consolidated total debt to trailing four quarters consolidated EBITDA, both as adjusted for certain, specified items) is no greater than 5.5x, on a pro forma basis giving effect to the restricted payment and, if applicable, certain other specified events. The consolidated leverage ratio test applies regardless of whether Ferrellgas, L.P.’s consolidated fixed coverage ratio is at least 1.75x or below 1.75x. As of January 31, 2021, Ferrellgas, L.P.’s consolidated leverage ratio was substantially in excess of 5.5x. Additionally, the secured notes indenture provides for restricted payments under its limited exception to the consolidated fixed charge coverage ratio test that is less than the capacity available under the similar exception in the unsecured notes indentures. However, the secured notes indenture contains a separate exception to both the consolidated fixed charge coverage ratio test and the consolidated leverage ratio test that can be utilized to make certain specified restricted payments in a limited amount when Ferrellgas, L.P. does not meet either the consolidated fixed charge coverage ratio test or the consolidated leverage ratio test. This separate exception under the secured notes indenture currently has capacity for such specified restricted payments that is substantially the same as the capacity under the most restrictive of Ferrellgas, L.P.’s unsecured notes indentures as of January 31, 2021. This capacity under the secured notes indenture, as well as the capacity under the less restrictive of the unsecured notes indentures, will not be reduced as of February 1, 2021 as described above with respect to the capacity under the most restrictive of the unsecured notes indentures; however, the amount of restricted payments the operating partnership may make will be limited by the most restrictive of the unsecured notes indentures for so long as the notes issued under those indentures remain outstanding.

As described above, the Ferrellgas Partners Notes due 2020 matured on June 15, 2020, and the outstanding principal amount of those notes was due to be paid on that date, together with accrued interest to the maturity date. Although Ferrellgas, L.P. has some capacity to make distributions under Ferrellgas, L.P.’s unsecured and secured notes indentures, this capacity will not allow Ferrellgas, L.P. to make distributions to Ferrellgas Partners sufficient to pay the principal of and accrued interest on the Ferrellgas Partners Notes due 2020 that was due at the maturity of those notes. Further, as noted above, the remaining capacity of Ferrellgas, L.P. to make distributions to Ferrellgas Partners will be reduced significantly as of February 1, 2021. Additionally, the restrictions in these indentures currently limit, and as of February 1, 2021 will further limit significantly, the ability of Ferrellgas, L.P. to make distributions to Ferrellgas Partners to enable it to pay cash distributions to its unitholders. Ferrellgas Partners continues to comply with the restrictive covenants with respect to the $357.0 million aggregate principal amount of Ferrellgas Partners Notes due June 15, 2020 as Ferrellgas Partners continues to negotiate with the Forbearing Noteholders.

Debt and interest expense reduction strategy

Ferrellgas, L.P. continues to pursue a strategy to reduce its debt and interest expense. Currently, these efforts are focused on consummation of the transactions contemplated by the TSA and the Plan. See “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Partnership organization and formation above. Other opportunities include the generation of additional cash flows through accretive acquisitions, restructuring or refinancing of existing indebtedness other than pursuant to the TSA Transactions, maintaining the suspension of Ferrellgas Partners’ common unit distributions, issuing equity or executing one or more debt exchanges. Ferrellgas, L.P. expects to maintain its debt and interest expense reduction strategy until the consolidated leverage ratio reaches a level that it deems appropriate for its business. Ferrellgas, L.P. engaged Moelis & Company LLC as its financial advisor and the law firm of Squire Patton Boggs LLP to assist in its ongoing process to reduce existing debt and address its debt maturities.

There is no assurance that the transactions contemplated by the TSA will be consummated or that Ferrellgas otherwise will be successful in pursuing its debt and interest expense reduction strategy.

Partners' deficit

6 Months Ended

Jan. 31, 2021

Limited Partners' Capital Account [Line Items]

Partners' deficit

G. Partners’ deficit

As of January 31, 2021 and July 31, 2020, limited partner units were beneficially owned by the following:


	January 31, 2021	July 31, 2020
Public common unitholders (1)	69,612,939	69,612,939
Ferrell Companies (2)	22,529,361	22,529,361
FCI Trading Corp. (3)	195,686	195,686
Ferrell Propane, Inc. (4)	51,204	51,204
James E. Ferrell (5)	4,763,475	4,763,475

(1)

These common units are traded on the OTC Pink Market under the symbol “FGPRQ”.

(2)

Ferrell Companies is the owner of the general partner and an approximate 23% direct owner of Ferrellgas Partners’ common units and thus a related party. Ferrell Companies also beneficially owns 195,686 and 51,204 common units of Ferrellgas Partners held by FCI Trading Corp. ("FCI Trading") and Ferrell Propane, Inc. ("Ferrell Propane"), respectively, bringing Ferrell Companies’ total beneficial ownership to 23.4%.

(3)

FCI Trading is an affiliate of the general partner and thus a related party.

(4)

Ferrell Propane is controlled by the general partner and thus a related party.

(5)

James E. Ferrell is the Chief Executive Officer and President of our general partner; and is the Chairman of the Board of Directors of our general partner and a related party. JEF Capital Management owns 4,758,859 of these common units and is owned by the James E. Ferrell Revocable Trust Two and other family trusts, all of which James E. Ferrell and/or his family members are the trustees and beneficiaries. James E. Ferrell holds all voting common stock of JEF Capital Management. The remaining 4,616 common units are held by Ferrell Resources Holdings, Inc., which is wholly-owned by the James E. Ferrell Revocable Trust One, for which James E. Ferrell is the trustee and sole beneficiary.

Partnership distributions

No distributions will be paid to common unitholders for the three months ended January 31, 2021.

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

See Note J – Derivative instruments and hedging activities – for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the three and six months ended January 31, 2021 and 2020.

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 six months ended January 31, 2021, the general partner made non-cash contributions of $30.0 to Ferrellgas to maintain its effective 2% general partner interest.

During the six months ended January 31, 2020, the general partner made non-cash contributions of $28.0 to Ferrellgas to maintain its effective 2% general partner interest.

Ferrellgas, L.P. [Member]

Limited Partners' Capital Account [Line Items]

Partners' deficit

G. Partners’ deficit

Partnership distributions

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


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Ferrellgas Partners	$	—	$	15,396	$	—	$	15,496
General partner		—		157		—		158

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

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

See Note J – Derivative instruments and hedging activities for details regarding changes in the fair value of risk management financial derivatives recorded within AOCI for the three and six months ended January 31, 2021 and 2020.

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 six months ended January 31, 2021, the general partner made non-cash contributions of zero to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.

During the six months ended January 31, 2020, the general partner made non-cash contributions of $14.0 to Ferrellgas, L.P. to maintain its 1.0101% general partner interest.

Revenue from contracts with customers

6 Months Ended

Jan. 31, 2021

Disaggregation of Revenue [Line Items]

Revenue from Contract with Customer [Text Block]

H. Revenue from contracts with customers

Disaggregation of revenue

Ferrellgas disaggregates revenues based upon the type of customer and on the type of revenue. The following table presents retail propane revenues, wholesale propane revenues and other revenues. Retail revenues result from sales to end use customers, wholesale revenues result from sales to or through resellers and all other revenues include sales of appliances and other materials, other fees charged to customers and equipment rental charges.


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Retail - Sales to End Users	$	378,350	$	374,069	$	552,995	$	554,486
Wholesale - Sales to Resellers		138,730		105,055		241,342		187,759
Other Gas Sales		11,354		6,123		15,146		16,387
Other		25,126		25,586		44,971		45,415
Propane and related equipment revenues	$	553,560	$	510,833	$	854,454	$	804,047

Contract assets and liabilities

Ferrellgas’ performance obligations are generally limited to the delivery of propane for our retail and wholesale contracts. Ferrellgas’ performance obligations with respect to sales of appliances and other materials and other revenues are limited to the delivery of the agreed upon good or service. Ferrellgas does not have material performance obligations that are delivered over time, thus all of our revenue is recognized at the time the goods, including propane, are delivered or installed. Ferrellgas offers “even pay” billing programs that can create customer deposits or advances, depending on whether Ferrellgas has delivered more propane than the customer has paid for or whether the customer has paid for more propane than what has been delivered. Revenue is recognized from these customer deposits or advances to customers at the time product is delivered. The advance or deposit is considered to be a contract asset or liability. Additionally, from time to time, we have customers that pay in advance for goods or services, and such amounts result in contract liabilities.

Ferrellgas incurs incremental commissions directly related to the acquisition or renewal of customer contracts. The commissions are calculated and paid based upon the number of gallons sold to the acquired or renewed customer. The total amount of commissions that we incur is not material, and the commissions are expensed commensurate with the deliveries to which they relate; therefore, Ferrellgas does not capitalize these costs.

The following table presents the opening and closing balances of Ferrellgas’ receivables, contract assets, and contract liabilities:


	January 31, 2021		July 31, 2020
Accounts receivable	$	214,288	$	108,483
Contract assets	$	9,647	$	7,079
Contract liabilities
Deferred revenue (1)	$	44,801	$	42,911

(1)

Of the beginning balance of deferred revenue, $24.7 million was recognized as revenue during the six months ended January 31, 2021.

Remaining performance obligations

Ferrellgas’ remaining performance obligations are generally limited to situations where its customers have remitted payment but have not yet received deliveries of propane. This most commonly occurs in Ferrellgas’ even pay billing programs and Ferrellgas expects that these balances will be recognized within a year or less as the customer takes delivery of propane.

Ferrellgas, L.P. [Member]

Disaggregation of Revenue [Line Items]

Revenue from Contract with Customer [Text Block]

H. Revenue from contracts with customers

Disaggregation of revenue

Ferrellgas, L.P. disaggregates revenues based upon the type of customer and on the type of revenue. The following table presents retail propane revenues, wholesale propane revenues and other revenues. Retail revenues result from sales to end use customers, wholesale revenues result from sales to or through resellers and all other revenues include sales of appliances and other materials, other fees charged to customers and equipment rental charges.


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Retail - Sales to End Users	$	378,350	$	374,069	$	552,995	$	554,486
Wholesale - Sales to Resellers		138,730		105,055		241,342		187,759
Other Gas Sales		11,354		6,123		15,146		16,387
Other		25,126		25,586		44,971		45,415
Propane and related equipment revenues	$	553,560	$	510,833	$	854,454	$	804,047

Contract assets and liabilities

Ferrellgas, L.P.’s performance obligations are generally limited to the delivery of propane for our retail and wholesale contracts. Ferrellgas, L.P.’s performance obligations with respect to sales of appliances and other materials and other revenues are limited to the delivery of the agreed upon good or service. Ferrellgas, L.P. does not have material performance obligations that are delivered over time, thus all of our revenue is recognized at the time the goods, including propane, are delivered or installed. Ferrellgas, L.P. offers “even pay” billing programs that can create customer deposits or advances, depending on whether Ferrellgas, L.P. has delivered more propane than the customer has paid for or whether the customer has paid for more propane than what has been delivered. Revenue is recognized from these customer deposits or advances to customers at the time product is delivered. The advance or deposit is considered to be a contract asset or liability. Additionally, from time to time, we have customers that pay in advance for goods or services, and such amounts result in contract liabilities.

Ferrellgas, L.P. incurs incremental commissions directly related to the acquisition or renewal of customer contracts. The commissions are calculated and paid based upon the number of gallons sold to the acquired or renewed customer. The total amount of commissions that we incur is not material and the commissions are expensed commensurate with the deliveries to which they relate; therefore, Ferrellgas, L.P. does not capitalize these costs.

The following table presents the opening and closing balances of Ferrellgas, L.P.’s receivables, contract assets, and contract liabilities:


	January 31, 2021		July 31, 2020
Accounts receivable	$	214,288	$	108,483
Contract assets	$	9,647	$	7,079
Contract liabilities
Deferred revenue (1)	$	44,801	$	42,911

(1)

Of the beginning balance of deferred revenue, $24.7 million was recognized as revenue during the six months ended January 31, 2021.

Remaining performance obligations

Ferrellgas, L.P.’s remaining performance obligations are generally limited to situations where its customers have remitted payment but have not yet received deliveries of propane. This most commonly occurs in Ferrellgas, L.P.’s even pay billing programs and Ferrellgas, L.P. expects that these balances will be recognized within a year or less as the customer takes delivery of propane.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

Fair Value Measurements

6 Months Ended

Jan. 31, 2021

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value Measurements

I. Fair value measurements

Derivative financial instruments

The following table presents Ferrellgas’ financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of January 31, 2021 and July 31, 2020:


	Asset (Liability)
	Quoted Prices in Active
	Markets for Identical		Significant Other
	Assets and Liabilities		Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
January 31, 2021:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	34,433	$	—	$	34,433
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(313)	$	—	$	(313)

July 31, 2020:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	3,112	$	—	$	3,112
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(5,425)	$	—	$	(5,425)

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.

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 January 31, 2021 and July 31, 2020, the estimated fair value of Ferrellgas’ long-term debt instruments was $2,409.8 million and $2,177.1 million, respectively. Ferrellgas estimates the fair value of long-term debt based on quoted market prices. The fair value of Ferrellgas’ 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, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value Measurements

I. Fair value measurements

Derivative financial instruments

The following table presents Ferrellgas, L.P.’s financial assets and financial liabilities that are measured at fair value on a recurring basis for each of the fair value hierarchy levels, including both current and noncurrent portions, as of January 31, 2021 and July 31, 2020:


	Asset (Liability)
	Quoted Prices in Active
	Markets for Identical		Significant Other
	Assets and Liabilities		Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
January 31, 2021:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	34,433	$	—	$	34,433
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(313)	$	—	$	(313)

July 31, 2020:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	3,112	$	—	$	3,112
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(5,425)	$	—	$	(5,425)

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.

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 January 31, 2021 and July 31, 2020, the estimated fair value of Ferrellgas, L.P.’s long-term debt instruments was $2,236.9 million and $2,054.4 million, respectively. Ferrellgas, L.P. estimates the fair value of long-term debt based on quoted market prices. The fair value of Ferrellgas, L.P.’s 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

6 Months Ended

Jan. 31, 2021

Derivative [Line Items]

Derivative Instruments and Hedging Activities

J. 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.

Derivative instruments and hedging activity

During the six months ended January 31, 2021 and 2020, Ferrellgas did not recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of financial derivative contract gains or losses from the assessment of hedge effectiveness related to commodity cash flow hedges.

The following tables provide a summary of the fair value of derivatives within Ferrellgas’ condensed consolidated balance sheets as of January 31, 2021 and July 31, 2020:


	Final	January 31, 2021
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2022
Commodity derivatives-propane		Prepaid expenses and other current assets	$	32,270	Other current liabilities	$	209
Commodity derivatives-propane		Other assets, net		2,163	Other liabilities		104
		Total	$	34,433	Total	$	313


	Final	July 31, 2020
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2021
Commodity derivatives-propane		Prepaid expenses and other current assets	$	2,846	Other current liabilities	$	5,029
Commodity derivatives-propane		Other assets, net		266	Other liabilities		396
		Total	$	3,112	Total	$	5,425

Ferrellgas’ exchange traded commodity derivative contracts require cash margin deposit as collateral for contracts that are in a negative mark-to-market position. These cash margin deposits will be returned if mark-to-market conditions improve or will be applied against cash settlement when the contracts are settled. Liabilities represent cash margin deposits received by Ferrellgas for contracts that are in a positive mark-to-market position. The following tables provide a summary of cash margin balances as of January 31, 2021 and July 31, 2020, respectively:


	January 31, 2021
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	19,410	Other current liabilities	$	39,774
	Other assets, net		1,447	Other liabilities		2,095
		$	20,857		$	41,869


	July 31, 2020
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	14,398	Other current liabilities	$	510
	Other assets, net		1,433	Other liabilities		—
		$	15,831		$	510

The following tables provide a summary of the effect on Ferrellgas’ condensed consolidated statements of comprehensive income (loss) for the three and six months ended January 31, 2021 and 2020 due to derivatives designated as cash flow hedging instruments:


	For the three months ended January 31, 2021
				Amount of Gain (Loss)
	Amount of Gain		Location of Gain (Loss)	Reclassified from
	(Loss) Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	36,957	Cost of product sold- propane and other gas liquids sales	$	8,441	$	—
	$	36,957		$	8,441	$	—


	For the three months ended January 31, 2020
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(11,212)	Cost of product sold- propane and other gas liquids sales	$	(8,766)	$	—
	$	(11,212)		$	(8,766)	$	—


	For the six months ended January 31, 2021
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	42,724	Cost of sales-propane and other gas liquids sales	$	6,291	$	—
	$	42,724		$	6,291	$	—


	For the six months ended January 31, 2020
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(24,839)	Cost of sales-propane and other gas liquids sales	$	(16,245)	$	—
	$	(24,839)		$	(16,245)	$	—

The changes in derivatives included in AOCI for the six months ended January 31, 2021 and 2020 were as follows:


	For the six months ended January 31,
Gains and losses on derivatives included in AOCI	2021		2020
Beginning balance	$	(2,313)	$	(14,756)
Change in value of risk management commodity derivatives		42,724		(24,839)
Reclassification of (gains) losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(6,291)		16,245
Ending balance	$	34,120	$	(23,350)

Ferrellgas expects to reclassify net gains of approximately $32.1 million to earnings during the next 12 months. These net gains are expected to be offset by decreased margins on propane sales commitments Ferrellgas has with its customers that qualify for the normal purchase normal sale exception.

During the six months ended January 31, 2021 and 2020, Ferrellgas had no reclassifications to operations resulting from the discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship.

As of January 31, 2021, Ferrellgas had financial derivative contracts covering 3.8 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 reduce its overall credit risk. These policies include evaluating and monitoring its counterparties’ financial condition, including their credit ratings, and entering into agreements with counterparties that govern credit limits. Certain of these agreements call for the posting of collateral by the counterparty or by Ferrellgas in the forms of letters of credit, parental guarantees or cash. Ferrellgas has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties. If these counterparties that make up the concentration failed to perform according to the terms of their contracts at January 31, 2021, the maximum amount of loss due to credit risk that Ferrellgas would incur based upon the gross fair values of the derivative financial instruments is zero.

From time to time Ferrellgas enters into derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon Ferrellgas’ debt rating. There were no open derivative contracts with credit-risk-related contingent features as of January 31, 2021.

Ferrellgas, L.P. [Member]

Derivative [Line Items]

Derivative Instruments and Hedging Activities

J. 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.

Derivative instruments and hedging activity

During the six months ended January 31, 2021 and 2020, Ferrellgas, L.P. did not recognize any gain or loss in earnings related to hedge ineffectiveness and did not exclude any component of financial derivative contract gains or losses from the assessment of hedge effectiveness related to commodity cash flow hedges.

The following tables provide a summary of the fair value of derivatives within Ferrellgas, L.P.’s condensed consolidated balance sheets as of January 31, 2021 and July 31, 2020:


	Final	January 31, 2021
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2022
Commodity derivatives-propane		Prepaid expenses and other current assets	$	32,270	Other current liabilities	$	209
Commodity derivatives-propane		Other assets, net		2,163	Other liabilities		104
		Total	$	34,433	Total	$	313


	Final	July 31, 2020
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2021
Commodity derivatives-propane		Prepaid expenses and other current assets	$	2,846	Other current liabilities	$	5,029
Commodity derivatives-propane		Other assets, net		266	Other liabilities		396
		Total	$	3,112	Total	$	5,425

Ferrellgas, L.P.’s exchange traded commodity derivative contracts require cash margin deposit as collateral for contracts that are in a negative mark-to-market position. These cash margin deposits will be returned if mark-to-market conditions improve or will be applied against cash settlement when the contracts are settled. Liabilities represent cash margin deposits received by Ferrellgas, L.P. for contracts that are in a positive mark-to-market position. The following tables provide a summary of cash margin balances as of January 31, 2021 and July 31, 2020, respectively:


	January 31, 2021
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	19,410	Other current liabilities	$	39,774
	Other assets, net		1,447	Other liabilities		2,095
		$	20,857		$	41,869


	July 31, 2020
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	14,398	Other current liabilities	$	510
	Other assets, net		1,433	Other liabilities		—
		$	15,831		$	510

The following tables provide a summary of the effect on Ferrellgas, L.P.’s condensed consolidated statements of comprehensive income (loss) for the three and six months ended January 31, 2021 and 2020 due to derivatives designated as cash flow hedging instruments:


	For the three months ended January 31, 2021
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	36,957	Cost of product sold- propane and other gas liquids sales	$	8,441	$	—
	$	36,957		$	8,441	$	—


	For the three months ended January 31, 2020
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(11,212)	Cost of product sold- propane and other gas liquids sales	$	(8,766)	$	—
	$	(11,212)		$	(8,766)	$	—


	For the six months ended January 31, 2021
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	42,724	Cost of sales-propane and other gas liquids sales	$	6,291	$	—
	$	42,724		$	6,291	$	—


	For the six months ended January 31, 2020
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(24,839)	Cost of sales-propane and other gas liquids sales	$	(16,245)	$	—
	$	(24,839)		$	(16,245)	$	—

The changes in derivatives included in AOCI for the six months ended January 31, 2021 and 2020 were as follows:


	For the six months ended January 31,
Gains and losses on derivatives included in AOCI	2021		2020
Beginning balance	$	(2,313)	$	(14,756)
Change in value of risk management commodity derivatives		42,724		(24,839)
Reclassification of losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(6,291)		16,245
Ending balance	$	34,120	$	(23,350)

Ferrellgas, L.P. expects to reclassify net gains of approximately $32.1 million to earnings during the next 12 months. These net gains are expected to be offset by decreased margins on propane sales commitments Ferrellgas, L.P. has with its customers that qualify for the normal purchase normal sale exception.

During the six months ended January 31, 2021 and 2020, Ferrellgas, L.P. had no reclassifications to operations resulting from the discontinuance of any cash flow hedges arising from the probability of the original forecasted transactions not occurring within the originally specified period of time defined within the hedging relationship.

As of January 31, 2021, Ferrellgas, L.P. had financial derivative contracts covering 3.8 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 reduce its overall credit risk. These policies include evaluating and monitoring its counterparties’ financial condition, including their credit ratings, and entering into agreements with counterparties that govern credit limits. Certain of these agreements call for the posting of collateral by the counterparty or by Ferrellgas, L.P. in the forms of letters of credit, parental guarantees or cash. Ferrellgas, L.P. has concentrations of credit risk associated with derivative financial instruments held by certain derivative financial instrument counterparties. If these counterparties that make up the concentration failed to perform according to the terms of their contracts at January 31, 2021, the maximum amount of loss due to credit risk that Ferrellgas, L.P. would incur based upon the gross fair values of the derivative financial instruments is zero.

From time to time Ferrellgas, L.P. enters into derivative contracts that have credit-risk-related contingent features which dictate credit limits based upon Ferrellgas, L.P.’s debt rating. There were no open derivative contracts with credit-risk-related contingent features as of January 31, 2021.

Transactions With Related Parties

6 Months Ended

Jan. 31, 2021

K. Transactions with related parties

Ferrellgas has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas’ partnership agreements, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas and all other necessary or appropriate expenses allocable to Ferrellgas or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas’ business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas’ behalf and are reported in the condensed consolidated statements of operations as follows:


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense	$	70,655	$	73,084	$	131,635	$	136,555

General and administrative expense	$	10,375	$	7,476	$	17,094	$	13,963

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

Ferrellgas, L.P. [Member]

K. Transactions with related parties

Ferrellgas, L.P. has no employees and is managed and controlled by its general partner. Pursuant to Ferrellgas, L.P.’s partnership agreement, the general partner is entitled to reimbursement for all direct and indirect expenses incurred or payments it makes on behalf of Ferrellgas, L.P. and all other necessary or appropriate expenses allocable to Ferrellgas, L.P. or otherwise reasonably incurred by its general partner in connection with operating Ferrellgas, L.P.’s business. These costs primarily include compensation and benefits paid to employees of the general partner who perform services on Ferrellgas, L.P.’s behalf and are reported in the condensed consolidated statements of operations as follows:


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense	$	70,655	$	73,084	$	131,635	$	136,555

General and administrative expense	$	10,375	$	7,476	$	17,094	$	13,963

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

Term loan credit agreement with Ferrellgas Partners, L.P.

On January 8, 2021, Ferrellgas, L.P. entered into a term loan credit agreement with Ferrellgas Partners, L.P., pursuant to which Ferrellgas, L.P. extended to Ferrellgas Partners, L.P. an unsecured, non-amortizing term loan in the aggregate principal amount of $19.9 million. The term loan bears interest at a rate of 20% per annum, and all interest on the term loan will be added to the outstanding principal amount of the term loan. The term loan will mature on July 1, 2022. Interest income totaled $0.3 million and is classified in the “Other income (expense), net” line item on the condensed consolidated statements of operations.

Contingencies And Commitments	6 Months Ended
Contingencies And Commitments	Jan. 31, 2021
Loss Contingencies [Line Items]
Contingencies And Commitments	L. Contingencies and commitments Litigation Ferrellgas’ operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane and, prior to the sales of midstream operations during the fiscal year ended July 31, 2018, crude oil. As a result, at any given time, Ferrellgas can be threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas. Ferrellgas has been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The lawsuits, which were consolidated in the Western District of Missouri on October 16, 2014, allege that Ferrellgas and a competitor coordinated in 2008 to reduce the fill level in barbeque cylinders and combined to persuade a common customer to accept that fill reduction, resulting in increased cylinder costs to direct customers and end-user customers in violation of federal and certain state antitrust laws. The lawsuits seek treble damages, attorneys’ fees, injunctive relief and costs on behalf of the putative class. These lawsuits have been coordinated for pretrial purposes by the multidistrict litigation panel. The Federal Court for the Western District of Missouri initially dismissed all claims brought by direct and indirect customers other than state law claims of indirect customers under Wisconsin, Maine and Vermont law. The direct customer plaintiffs filed an appeal, which resulted in a reversal of the district court’s dismissal. We filed a petition for a writ of certiorari which was denied. An appeal by the indirect customer plaintiffs resulted in the court of appeals affirming the dismissal of the federal claims and remanding the case to the district court to decide whether to exercise supplemental jurisdiction over the remaining state law claims. Thereafter, in August 2019, Ferrellgas reached a settlement with the direct customers, pursuant to which it agreed to pay a total of $6.25 million to resolve all claims asserted by the putative direct purchaser class. With respect to the indirect customers, the district court exercised supplemental jurisdiction over the remaining state law claims, but then granted in part Ferrellgas’ pleadings-based motion and dismissed 11 of the 24 remaining state law claims. As a result, there are 13 remaining state law claims brought by a putative class of indirect customers. Ferrellgas believes it has strong defenses and intends to vigorously defend itself against these remaining claims. Ferrellgas does not believe loss is probable or reasonably estimable at this time related to the putative class action lawsuit. Ferrellgas and Bridger Logistics, LLC (“Bridger”), have been named, along with two former officers, in a lawsuit filed by Eddystone Rail Company ("Eddystone") on February 2, 2017 in the Eastern District of Pennsylvania (the "EDPA Lawsuit"). Eddystone indicated that it has prevailed in or settled an arbitration against Jamex Transfer Services (“JTS”), previously named Bridger Transfer Services, a former subsidiary of Bridger. The arbitration involved a claim against JTS for money due for deficiency payments under a contract for the use of an Eddystone facility used to offload crude from rail onto barges. Eddystone alleges that Ferrellgas transferred assets out of JTS prior to the sale of the membership interest in JTS to Jamex Transfer Holdings, and that those transfers should be avoided so that the assets can be used to satisfy the amount owed by JTS to Eddystone as a result of the arbitration. Eddystone also alleges that JTS was an “alter ego” of Bridger and Ferrellgas and that Bridger and Ferrellgas breached fiduciary duties owed to Eddystone as a creditor of JTS. Ferrellgas believes that Ferrellgas and Bridger have valid defenses to these claims and to Eddystone’s primary claim against JTS for breach of contract. The lawsuit does not specify a specific amount of damages that Eddystone is seeking; however, Ferrellgas believes that the amount of such damages, if ultimately owed to Eddystone, could be material to Ferrellgas. Ferrellgas intends to vigorously defend this claim. On August 24, 2017, Ferrellgas filed a third-party complaint against JTS, Jamex Transfer Holdings, and other related persons and entities (the "Third-Party Defendants"), asserting claims for breach of contract, indemnification of any losses in the EDPA Lawsuit, tortious interference with contract, and contribution. On June 25, 2018, Ferrellgas entered into an agreement with the Third-Party Defendants which, among other things, resulted in a dismissal of the claims against the Third-Party Defendants from the lawsuit. The lawsuit is in the discovery stage; as such, management does not currently believe a loss is probable or reasonably estimable at this time.
Ferrellgas Partners Finance Corp. [Member]
Loss Contingencies [Line Items]
Contingencies And Commitments	B. Contingencies and commitments The Finance Corp. serves as co-issuer and co-obligor for debt securities of Ferrellgas Partners. The Finance Corp. is liable as co-issuer and co-obligor for the $357.0 million aggregate principal amount of Ferrellgas Partners’ unsecured senior notes due June 15, 2020, which Ferrellgas Partners failed to repay, and which obligation is only reported on Ferrellgas Partners’ condensed consolidated balance sheet.
Ferrellgas, L.P. [Member]
Loss Contingencies [Line Items]
Contingencies And Commitments	L. Contingencies and commitments Litigation Ferrellgas, L.P.’s operations are subject to all operating hazards and risks normally incidental to handling, storing, transporting and otherwise providing for use by consumers of combustible liquids such as propane and, prior to the sales of midstream operations during the fiscal year ended July 31, 2018, crude oil. As a result, at any given time, Ferrellgas, L.P. can be threatened with or named as a defendant in various lawsuits arising in the ordinary course of business. Other than as discussed below, Ferrellgas, L.P. is not a party to any legal proceedings other than various claims and lawsuits arising in the ordinary course of business. It is not possible to determine the ultimate disposition of these matters; however, management is of the opinion that there are no known claims or contingent claims that are reasonably expected to have a material adverse effect on the consolidated financial condition, results of operations and cash flows of Ferrellgas, L.P. Ferrellgas, L.P. has been named as a defendant, along with a competitor, in putative class action lawsuits filed in multiple jurisdictions. The lawsuits, which were consolidated in the Western District of Missouri on October 16, 2014, allege that Ferrellgas and a competitor coordinated in 2008 to reduce the fill level in barbeque cylinders and combined to persuade a common customer to accept that fill reduction, resulting in increased cylinder costs to direct customers and end-user customers in violation of federal and certain state antitrust laws. The lawsuits seek treble damages, attorneys’ fees, injunctive relief and costs on behalf of the putative class. These lawsuits have been coordinated for pretrial purposes by the multidistrict litigation panel. The Federal Court for the Western District of Missouri initially dismissed all claims brought by direct and indirect customers other than state law claims of indirect customers under Wisconsin, Maine and Vermont law. The direct customer plaintiffs filed an appeal, which resulted in a reversal of the district court’s dismissal. We filed a petition for a writ of certiorari which was denied. An appeal by the indirect customer plaintiffs resulted in the court of appeals affirming the dismissal of the federal claims and remanding the case to the district court to decide whether to exercise supplemental jurisdiction over the remaining state law claims. Thereafter, in August 2019, Ferrellgas, L.P. reached a settlement with the direct customers, pursuant to which it agreed to pay a total of $6.25 million to resolve all claims asserted by the putative direct purchaser class. With respect to the indirect customers, the district court exercised supplemental jurisdiction over the remaining state law claims, but then granted in part Ferrellgas’ pleadings-based motion and dismissed 11 of the 24 remaining state law claims. As a result, there are 13 remaining state law claims brought by a putative class of indirect customers. Ferrellgas, L.P. believes it has strong defenses and intends to vigorously defend itself against these remaining claims. 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. and Bridger Logistics, LLC (“Bridger”), have been named, along with two former officers, in a lawsuit filed by Eddystone Rail Company ("Eddystone") on February 2, 2017 in the Eastern District of Pennsylvania (the "EDPA Lawsuit"). Eddystone indicated that it has prevailed in or settled an arbitration against Jamex Transfer Services (“JTS”), previously named Bridger Transfer Services, a former subsidiary of Bridger. The arbitration involved a claim against JTS for money due for deficiency payments under a contract for the use of an Eddystone facility used to offload crude from rail onto barges. Eddystone alleges that Ferrellgas transferred assets out of JTS prior to the sale of the membership interest in JTS to Jamex Transfer Holdings, and that those transfers should be avoided so that the assets can be used to satisfy the amount owed by JTS to Eddystone as a result of the arbitration. Eddystone also alleges that JTS was an “alter ego” of Bridger and Ferrellgas and that Bridger and Ferrellgas breached fiduciary duties owed to Eddystone as a creditor of JTS. Ferrellgas believes that Ferrellgas and Bridger have valid defenses to these claims and to Eddystone’s primary claim against JTS for breach of contract. The lawsuit does not specify a specific amount of damages that Eddystone is seeking; however, Ferrellgas believes that the amount of such damages, if ultimately owed to Eddystone, could be material to Ferrellgas. Ferrellgas intends to vigorously defend this claim. On August 24, 2017, Ferrellgas filed a third-party complaint against JTS, Jamex Transfer Holdings, and other related persons and entities (the "Third-Party Defendants"), asserting claims for breach of contract, indemnification of any losses in the EDPA Lawsuit, tortious interference with contract, and contribution. On June 25, 2018, Ferrellgas entered into an agreement with the Third-Party Defendants which, among other things, resulted in a dismissal of the claims against the Third-Party Defendants from the lawsuit. The lawsuit is in the discovery stage; as such, management does not currently believe a loss is probable or reasonably estimable at this time.
Ferrellgas Finance Corp. [Member]
Loss Contingencies [Line Items]
Contingencies And Commitments	B. Contingencies and commitments The Finance Corp. serves as co-issuer and co-obligor for debt securities of the operating partnership. The Finance Corp. is liable as co-issuer and co-obligor for (i) the $500 million aggregate principal amount of the operating partnership’s unsecured senior notes due 2021, (ii) the $475 million aggregate principal amount of the operating partnership’s unsecured senior notes due 2022, and (iii) the $500 million aggregate principal amount of the operating partnership’s unsecured senior notes due 2023, which obligations are only reported on the operating partnership’s condensed consolidated balance sheet.

Net Earnings (Loss) Per Common Unitholders' Interest

6 Months Ended

Jan. 31, 2021

Earnings Per Share [Abstract]

Net Earnings (Loss) Per Common Unitholders' Interest

M. Net earnings (loss) per unitholders’ interest

Below is a calculation of the basic and diluted net earnings per common unitholders’ interest in the condensed consolidated statements of operations for the periods indicated:


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
	(in thousands, except per common unit amounts)
Common unitholders’ interest in net earnings	$	62,634	$	47,725	$	17,033	$	2,834
Weighted average common units outstanding (in thousands)		97,152.7		97,152.7		97,152.7		97,152.7
Basic and diluted net earnings per common unit	$	0.64	$	0.49	$	0.18	$	0.03

Guarantor financial information

6 Months Ended

Jan. 31, 2021

Ferrellgas, L.P. [Member]

Condensed Financial Statements, Captions [Line Items]

Guarantor financial information

M. Guarantor financial information

The $500.0 million aggregate principal amount of registered 6.75% senior notes due 2023 co-issued by Ferrellgas, L.P. and Ferrellgas Finance Corp. are fully and unconditionally and jointly and severally guaranteed by all of Ferrellgas, L.P.’s 100% owned subsidiaries except: (i) Ferrellgas Finance Corp; (ii) certain special purposes subsidiaries formed for use in connection with our accounts receivable securitization; and (iii) foreign subsidiaries. Guarantees of these senior notes will be released under certain circumstances, including (i) in connection with any sale or other disposition of (a) all or substantially all of the assets of a guarantor or (b) all of the capital stock of such guarantor (including by way of merger or consolidation), in each case, to a person that is not Ferrellgas, L.P. or a restricted subsidiary of Ferrellgas, L.P., (ii) if Ferrellgas, L.P. designates any restricted subsidiary that is a guarantor as an unrestricted subsidiary, (iii) upon defeasance or discharge of the notes, (iv) upon the liquidation or dissolution of such guarantor, or (v) at such time as such guarantor ceases to guarantee any other indebtedness of either of the issuers and any other guarantor.

The guarantor financial information discloses in separate columns the financial position, results of operations and the cash flows of Ferrellgas, L.P. (Parent), Ferrellgas Finance Corp. (co-issuer), Ferrellgas, L.P.’s guarantor subsidiaries on a combined basis, and Ferrellgas, L.P.’s non-guarantor subsidiaries on a combined basis. The dates and the periods presented in the guarantor financial information are consistent with the periods presented in Ferrellgas, L.P.’s condensed consolidated financial statements.

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

(in thousands)


	As of January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	300,436	$	1	$	—	$	6,140	$	—	$	306,577
Accounts and notes receivable, net		5,837		—		—		200,443		—		206,280
Intercompany receivables		169,668		—		—		—		(169,668)		—
Inventories		90,473		—		—		—		—		90,473
Prepaid expenses and other current assets		73,106		—		—		—		—		73,106
Total current assets		639,520		1		—		206,583		(169,668)		676,436

Property, plant and equipment, net		587,870		—		—		—		—		587,870
Goodwill, net		246,946		—		—		—		—		246,946
Intangible assets, net		99,644		—		—		—		—		99,644
Investments in consolidated subsidiaries		39,143		—		—		—		(39,143)		—
Operating lease right-of-use assets		97,249		—		—		—		—		97,249
Loan receivable - Ferrellgas Partners, L.P.		20,151		—		—		—		—		20,151
Other assets, net		88,784		—		2,255		120		—		91,159
Total assets	$	1,819,307	$	1	$	2,255	$	206,703	$	(208,811)	$	1,819,455

LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	79,224	$	—	$	—	$	—	$	—	$	79,224
Intercompany payables		—		—		—		169,668		(169,668)		—
Current portion of long-term debt		501,865		—		—		—		—		501,865
Current operating lease liabilities		27,895		—		—		—		—		27,895
Other current liabilities		190,560		—		(3)		151		—		190,708
Total current liabilities		799,544		—		(3)		169,819		(169,668)		799,692

Long-term debt		1,650,410		—		—		—		—		1,650,410
Operating lease liabilities		80,901		—		—		—		—		80,901
Other liabilities		49,541		—		—		—		—		49,541

Partners' capital (deficit):
Partners' equity		(795,209)		1		2,258		36,884		(39,143)		(795,209)
Accumulated other comprehensive income		34,120		—		—		—		—		34,120
Total partners' capital (deficit)		(761,089)		1		2,258		36,884		(39,143)		(761,089)
Total liabilities and partners' capital (deficit)	$	1,819,307	$	1	$	2,255	$	206,703	$	(208,811)	$	1,819,455

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

(in thousands)


	As of July 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	332,244	$	1	$	—	$	1,510	$	—	$	333,755
Accounts and notes receivable, net		11,879		—		24		89,535		—		101,438
Intercompany receivables		69,980		—		—		—		(69,980)		—
Inventories		72,664		—		—		—		.		72,664
Prepaid expenses and other current assets		35,897		—		—		—		—		35,897
Total current assets		522,664		1		24		91,045		(69,980)		543,754

Property, plant and equipment, net		591,042		—		—		—		—		591,042
Goodwill, net		247,195		—		—		—		—		247,195
Intangible assets, net		104,049		—		—		—		—		104,049
Investments in consolidated subsidiaries		37,662		—		—		—		(37,662)		—
Operating lease right-of-use assets		107,349		—		—		—		—		107,349
Other assets, net		72,137		—		2,255		356		—		74,748
Total assets	$	1,682,098	$	1	$	2,279	$	91,401	$	(107,642)	$	1,668,137

LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	33,944	$	—	$	—	$	—	$	—	$	33,944
Intercompany payables		—		—		—		69,980		(69,980)		—
Current portion of long-term debt		502,095		—		—		—		—		502,095
Current operating lease liabilities		29,345		—		—		—		—		29,345
Other current liabilities		162,097		—		—		(13,961)		—		148,136
Total current liabilities		727,481		—		—		56,019		(69,980)		713,520

Long-term debt		1,646,396		—		—		—		—		1,646,396
Operating lease liabilities		89,022		—		—		—		—		89,022
Other liabilities		51,190		—		—		—		—		51,190
Contingencies and commitments

Partners' capital (deficit):
Partners' equity		(829,678)		1		2,279		35,382		(37,662)		(829,678)
Accumulated other comprehensive income		(2,313)		—		—		—		—		(2,313)
Total partners' capital (deficit)		(831,991)		1		2,279		35,382		(37,662)		(831,991)
Total liabilities and partners' capital (deficit)	$	1,682,098	$	1	$	2,279	$	91,401	$	(107,642)	$	1,668,137

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the three months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	528,434	$	—	$	—	$	—	$	—	$	528,434
Other		25,126		—		—		—		—		25,126
Total revenues		553,560		—		—		—		—		553,560

Costs and expenses:
Cost of sales - propane and other gas liquids sales		270,777		—		—		—		—		270,777
Cost of sales - other		3,504		—		—		—		—		3,504
Operating expense - personnel, vehicle, plant and other		115,247		—		—		2,437		(2,437)		115,247
Operating expense - equipment lease expense		6,862		—		—		—		—		6,862
Depreciation and amortization expense		21,249		—		—		—		—		21,249
General and administrative expense		20,254		—		—		—		—		20,254
Non-cash employee stock ownership plan compensation charge		762		—		—		—		—		762
Loss on asset sales and disposals		80		—		—		—		—		80

Operating income (loss)		114,825		—		—		(2,437)		2,437		114,825

Interest expense		(45,958)		—		—		(564)		—		(46,522)
Other income (expense), net		3,774		—		(15)		1,614		(1,614)		3,759

Earnings (loss) before income taxes		72,641		—		(15)		(1,387)		823		72,062

Income tax expense		312		—		—		—		—		312
Equity in earnings (loss) of subsidiaries		(1,402)		—		—		—		1,402		—

Net earnings (loss)		70,927		—		(15)		(1,387)		2,225		71,750

Other comprehensive income		28,516		—		—		—		—		28,516

Comprehensive income (loss)	$	99,443	$	—	$	(15)	$	(1,387)	$	2,225	$	100,266

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the three months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	485,247	$	—	$	—	$	—	$	—	$	485,247
Other		25,586		—		—		—		—		25,586
Total revenues		510,833		—		—		—		—		510,833

Costs and expenses:
Cost of sales - propane and other gas liquids sales		237,843		—		—		—		—		237,843
Cost of sales - other		3,353		—		—		—		—		3,353
Operating expense - personnel, vehicle, plant and other		128,233		—		—		1,050		(1,050)		128,233
Operating expense - equipment lease expense		8,261		—		—		—		—		8,261
Depreciation and amortization expense		19,684		—		—		111		—		19,795
General and administrative expense		14,082		3		—		—		—		14,085
Non-cash employee stock ownership plan compensation charge		630		—		—		—		—		630
Loss on asset sales and disposals		2,148		—		—		—		—		2,148

Operating income (loss)		96,599		(3)		—		(1,161)		1,050		96,485

Interest expense		(37,778)		—		—		(912)		—		(38,690)
Other income (expense), net		76		—		—		1,882		(1,882)		76

Earnings (loss) before income taxes		58,897		(3)		—		(191)		(832)		57,871

Income tax expense		115		—		—		—		—		115
Equity in earnings (loss) of subsidiary		(194)		—		—		—		194		—

Net earnings (loss)		58,588		(3)		—		(191)		(638)		57,756

Other comprehensive loss		(2,555)		—		—		—		—		(2,555)

Comprehensive income (loss)	$	56,033	$	(3)	$	—	$	(191)	$	(638)	$	55,201

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the six months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	809,483	$	—	$	—	$	—	$	—	$	809,483
Other		44,971		—		—		—		—		44,971
Total revenues		854,454		—		—		—		—		854,454

Costs and expenses:
Cost of sales - propane and other gas liquids sales		408,404		—		—		—		—		408,404
Cost of sales - other		7,171		—		—		—		—		7,171
Operating expense - personnel, vehicle, plant and other		224,274		—		—		3,174		(3,174)		224,274
Operating expense - equipment lease expense		13,692		—		—		—		—		13,692
Depreciation and amortization expense		42,639		—		—		—		—		42,639
General and administrative expense		33,328		2		—		—		—		33,330
Non-cash employee stock ownership plan compensation charge		1,470		—		—		—		—		1,470
Loss on asset sales and disposals		893		—		—		—		—		893

Operating income (loss)		122,583		(2)		—		(3,174)		3,174		122,581

Interest expense		(91,859)		—		—		(1,191)		—		(93,050)
Other income (expense), net		3,903		—		(36)		3,293		(3,293)		3,867

Earnings (loss) before income taxes		34,627		(2)		(36)		(1,072)		(119)		33,398

Income tax expense		399		—		—		—		—		399
Equity in earnings (loss) of subsidiary		(1,110)		—		—		—		1,110		—

Net earnings (loss)		33,118		(2)		(36)		(1,072)		991		32,999

Other comprehensive loss		36,433		—		—		—		—		36,433

Comprehensive income (loss)	$	69,551	$	(2)	$	(36)	$	(1,072)	$	991	$	69,432

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the six months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	758,632	$	—	$	—	$	—	$	—	$	758,632
Other		45,415		—		—		—		—		45,415
Total revenues		804,047		—		—		—		—		804,047

Costs and expenses:
Cost of sales - propane and other gas liquids sales		371,871		—		—		—		—		371,871
Cost of sales - other		7,034		—		—		—		—		7,034
Operating expense - personnel, vehicle, plant and other		242,776		—		—		1,935		(1,935)		242,776
Operating expense - equipment lease expense		16,649		—		—		—		—		16,649
Depreciation and amortization expense		38,791		—		—		223		—		39,014
General and administrative expense		23,777		4		—		—		—		23,781
Non-cash employee stock ownership plan compensation charge		1,425		—		—		—		—		1,425
Loss on asset sales and disposals		4,383		—		—		—		—		4,383

Operating income (loss)		97,341		(4)		—		(2,158)		1,935		97,114

Interest expense		(73,469)		—		—		(2,098)		—		(75,567)
Other income (expense), net		(56)		—		—		2,602		(2,602)		(56)

Earnings (loss) before income taxes		23,816		(4)		—		(1,654)		(667)		21,491

Income tax expense		633		—		—		—		—		633
Equity in earnings (loss) of subsidiaries		(1,658)		—		—		—		1,658		—

Net earnings (loss)		21,525		(4)		—		(1,654)		991		20,858

Other comprehensive loss		(8,703)		—		—		—		—		(8,703)

Comprehensive income (loss)	$	12,822	$	(4)	$	—	$	(1,654)	$	991	$	12,155

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(in thousands)


	For the six months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	44,691	$	(6)	$	(9)	$	(4,856)	$	4,631	$	44,451

Cash flows from investing activities:
Capital expenditures		(35,333)		—		—		—		—		(35,333)
Proceeds from sale of assets		3,144		—		—		—		—		3,144
Cash collected for purchase of interest in accounts receivable		—		—		—		422,498		(422,498)		—
Cash remitted to Ferrellgas, L.P. for accounts receivable		—		—		—		(417,867)		417,867		—
Intercompany loan to affiliate		(4,870)								4,870
Other - Loan to MLP		(19,900)		—		—		—		—		(19,900)
Net cash provided by (used in) investing activities		(56,959)		—		—		4,631		239		(52,089)

Cash flows from financing activities:
Payments on long-term debt		(1,120)		—		—		—		—		(1,120)
Net changes in advances with consolidated entities		—		6		9		4,855		(4,870)		—
Cash payments for principal portion of finance lease liability		(3,460)		—		—		—		—		(3,460)
Cash paid for financing costs and other		(14,960)		—		—		—		—		(14,960)
Net cash provided by (used in) financing activities		(19,540)		6		9		4,855		(4,870)		(19,540)

Net change in cash and cash equivalents		(31,808)		—		—		4,630		—		(27,178)
Cash and cash equivalents - beginning of year		332,244		1		—		1,510		—		333,755
Cash, cash equivalents and restricted cash - end of year	$	300,436	$	1	$	—	$	6,140	$	—	$	306,577

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(in thousands)


	For the six months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	80,433	$	(4)	$	512	$	(5,941)	$	(59,000)	$	16,000

Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400)		—		—		—		—		(6,400)
Capital expenditures		(33,422)		—		—		—		—		(33,422)
Proceeds from sale of assets		1,659		—		—		—		—		1,659
Cash collected for purchase of interest in accounts receivable		—		—		—		416,325		(416,325)		—
Cash remitted to Ferrellgas, L.P. for accounts receivable		—		—		—		(475,325)		475,325		—
Intercompany loan to affiliate		(5,433)		—		—		—		5,433		—
Cash payment to construct assets in connection with future lease transactions		(30,307)		—		—		—		—		(30,307)
Cash receipts in connection with leased vehicles		19,929		—		—		—		—		19,929
Net cash provided by (used in) investing activities		(53,974)		—		—		(59,000)		64,433		(48,541)

Cash flows from financing activities:
Distributions		(15,654)		—		—		—		—		(15,654)
Reductions in long-term debt		(972)		—		—		—		—		(972)
Net reductions to short-term borrowings		(3,000)		—		—		—		—		(3,000)
Net additions to collateralized short-term borrowings		—		—		—		59,000		—		59,000
Net changes in advances with consolidated entries		—		4		(512)		5,941		(5,433)		—
Cash paid for financing costs and other		(4,236)		—		—		—		—		(4,236)
Net cash provided by (used in) financing activities		(23,862)		4		(512)		64,941		(5,433)		35,138

Net change in cash and cash equivalents		2,597		—		—		—		—		2,597
Cash and cash equivalents - beginning of year		11,045		1		—		—		—		11,046
Cash and cash equivalents - end of year	$	13,642	$	1	$	—	$	—	$	—	$	13,643

Condensed parent-only debtor in possession financial information

6 Months Ended

Jan. 31, 2021

Reorganizations [Abstract]

Condensed parent-only debtor in possession financial information

N. Condensed parent only debtor-in-possession financial information

The following financial statements represent the unaudited condensed combined financial statements of the Debtor. The results of the non-debtor entities are not included in these financial statements.

FERRELLGAS PARTNERS, L.P.

(DEBTOR-IN-POSSESSION)
PARENT ONLY
BALANCE SHEET
(in thousands)

(unaudited)


	January 31,
	2021
ASSETS

Cash and cash equivalents	$	19,906
Prepaid expenses and other current assets		269
Total assets	$	20,175

LIABILITIES AND PARTNERS’ DEFICIT

Other current liabilities	$	1,661
Loan payable to Ferrellgas, L.P		19,900
Accrued interest payable on Ferrellgas, L.P. loan		251
Total liabilities not subject to compromise		21,812
Liabilities subject to compromise		390,101
Total liabilities		411,913

Investment in Ferrellgas, L.P.		753,579

Partners’ deficit
Total partners’ deficit attributable to debtors		(1,145,317)
Total liabilities and partners’ deficit	$	20,175

FERRELLGAS PARTNERS, L.P.

(DEBTOR-IN-POSSESSION)

PARENT ONLY

STATEMENTS OF OPERATIONS

(in thousands)

(unaudited)


	For the three months ended January 31,		For the six months ended January 31,
	2021		2021
Expenses:
General and administrative expense	$	221	$	225
Interest expense		6,324		14,022
Reorganization expense - professional fees		1,200		1,200
Total expenses		7,745		15,447

Loss before income taxes and equity in earnings of non-debtor entities		(7,745)		(15,447)

Income tax expense		14		14
Equity in earnings of non-debtor entities		71,750		32,999

Net earnings		63,991		17,538

Net earnings attributable to noncontrolling interest		724		333

Net earnings attributable to the debtor		63,267		17,205

Total other comprehensive income		—		—

Comprehensive income attributable to debtor	$	63,267	$	17,205

FERRELLGAS PARTNERS, L.P.

(DEBTOR-IN-POSSESSION)

PARENT ONLY

STATEMENT OF CASH FLOWS

(in thousands)

(unaudited)


	For the six months ended January 31,
	2021

Cash flows from operating activities:
Net cash provided by operating activities	$	—

Cash flows from investing activities:
Net cash provided by investing activities		—

Cash flows from financing activities:
Proceeds from loan from Ferrellgas, L.P.		19,900
Net cash provided by financing activities		19,900

Net increase in cash and cash equivalents		19,900
Cash and cash equivalents - beginning of year		6
Cash and cash equivalents - end of year	$	19,906

Subsequent Events	6 Months Ended
Subsequent Events	Jan. 31, 2021
Subsequent Event [Line Items]
Subsequent Events	O. Subsequent events Ferrellgas has evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas’ condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements, except as follows. As previously disclosed on January 11, 2021 Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. On March 5, 2021, the Bankruptcy Court entered an order confirming the Plan. The effectiveness of the Plan is conditioned on certain requirements such as the operating partnership completing its refinancing. There is no assurance that the Plan will become effective or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. For more information, refer to the discussion of the TSA and the Chapter 11 Cases under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Partnership organization and formation above.
Ferrellgas Partners Finance Corp. [Member]
Subsequent Event [Line Items]
Subsequent Events	C. Subsequent events The Finance Corp. has evaluated events and transactions occurring after the balance sheet date through the date the Finance Corp.’s condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements, except as follows. As previously disclosed, on January 11, 2021 Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. On March 5, 2021, the Bankruptcy Court entered an order confirming the Plan. The effectiveness of the Plan is conditioned on certain requirements such as the operating partnership completing its refinancing. There is no assurance that the Plan will become effective or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. For more information, refer to the discussion of the TSA and the Chapter 11 Cases under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Formation above.
Ferrellgas, L.P. [Member]
Subsequent Event [Line Items]
Subsequent Events	N. Subsequent events Ferrellgas, L.P. has evaluated events and transactions occurring after the balance sheet date through the date Ferrellgas, L.P.’s condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements, except as follows. As previously disclosed, on January 11, 2021 Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. On March 5, 2021, the Bankruptcy Court entered an order confirming the Plan. The effectiveness of the Plan is conditioned on certain requirements such as the operating partnership completing its refinancing. There is no assurance that the Plan will become effective or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. For more information, refer to the discussion of the TSA and the Chapter 11 Cases under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A – Partnership organization and formation above.
Ferrellgas Finance Corp. [Member]
Subsequent Event [Line Items]
Subsequent Events	C. Subsequent events The Finance Corp. has evaluated events and transactions occurring after the balance sheet date through the date the Finance Corp.’s condensed consolidated financial statements were issued and concluded that there were no events or transactions occurring during this period that require recognition or disclosure in its condensed consolidated financial statements, except as follows. As previously disclosed on January 11, 2021 Ferrellgas Partners and Ferrellgas Partners Finance Corp. commenced the Chapter 11 Cases by filing voluntary petitions for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court. On March 5, 2021, the Bankruptcy Court entered an order confirming the Plan. The effectiveness of the Plan is conditioned on certain requirements such as the operating partnership completing its refinancing. There is no assurance that the Plan will become effective or that the TSA Transactions will be consummated, and the outcome of Ferrellgas’ debt reduction strategy continues to remain uncertain. For more information, refer to the discussion of the TSA and the Chapter 11 Cases under “Transaction Support Agreement and Chapter 11 Bankruptcy Cases” in Note A –Formation above.

Summary Of Significant Accounting Policies (Policy)	6 Months Ended
Summary Of Significant Accounting Policies (Policy)	Jan. 31, 2021
Significant Accounting Policies
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, allowance for expected credit losses, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, determination of incremental borrowing rate used to measure right-of-use asset and lease liability, fair values of derivative contracts and stock-based compensation calculations. Update to accounting estimates: On August 1, 2020 Ferrellgas adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326). As a result, we updated our significant accounting policies for the measurement of expected credit losses below. Allowance for expected credit losses Ferrellgas closely monitors accounts receivable balances and estimates the allowance for expected credit losses. The estimate is primarily based on historical collection experience and other factors, including those related to current market conditions and events. The expected credit losses associated with accounts receivable have not historically been material and the adoption impact on Ferrellgas’ allowance for expected credit losses was immaterial as of January 31, 2021.
New accounting standards	(2) New accounting standards: FASB Accounting Standard Update No. 2016‑13 In June 2016, the FASB issued ASU 2016‑13, Financial Instruments - Credit Losses (Topic 326), which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas adopted the amended guidance effective August 1, 2020. The adoption of this standard did not have a material impact on the condensed consolidated financial statements.
Ferrellgas, L.P. [Member]
Significant Accounting Policies
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, allowance for expected credit losses, fair value of reporting units, recoverability of long-lived assets, assumptions used to value business combinations, determination of incremental borrowing rate used to measure right-of-use asset and lease liability, fair values of derivative contracts and stock-based compensation calculations. Update to accounting estimates: On August 1, 2020 Ferrellgas, L.P. adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326). As a result, we updated our significant accounting policies for the measurement of expected credit losses below. Allowance for expected credit losses Ferrellgas, L.P. closely monitors accounts receivable balances and estimates the allowance for expected credit losses. The estimate is primarily based on historical collection experience and other factors, including those related to current market conditions and events. The expected credit losses associated with accounts receivable have not historically been material and the adoption impact on Ferrellgas, L.P.’s allowance for expected credit losses was immaterial as of January 31, 2021.
New accounting standards	New accounting standards: FASB Accounting Standard Update No. 2016‑13 In June 2016, the FASB issued ASU 2016‑13, Financial Instruments - Credit Losses (Topic 326), which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. This standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. Ferrellgas, L.P. adopted the amended guidance effective August 1, 2020. The adoption of this standard did not have a material impact on the condensed consolidated financial statements.

Leases (Tables)

6 Months Ended

Jan. 31, 2021

Schedule of Lease Assets and Liabilities


Leases	Classification		January 31, 2021		July 31, 2020
Assets
Operating lease assets	Operating lease right-of-use assets	$	97,249	$	107,349
Financing lease assets	Other assets, net		38,045		41,426
Total leased assets		$	135,294	$	148,775

Liabilities
Current
Operating	Current operating lease liabilities	$	27,895	$	29,345
Financing	Other current liabilities		7,405		6,955
Noncurrent
Operating	Operating lease liabilities		80,901		89,022
Financing	Other liabilities		30,537		33,473
Total leased liabilities		$	146,738	$	158,795

Schedule of Lease Costs


		For the three months ended January 31,				For the six months ended January 31,
Leases expense	Classification	2021		2020		2021		2020

Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,497	$	1,664	$	3,280	$	3,405
	Operating expense - equipment lease expense		6,513		8,156		12,955		15,763
	Cost of sales - propane and other gas liquids sales		492		324		1,018		713
	General and administrative expense		194		697		476		963
Total operating lease expense			8,696		10,841		17,729		20,844

Short-term expense	Operating expense - personnel, vehicle, plant and other		1,873		2,012		3,905		3,966
	General and administrative expense		123		141		364		251
Total short-term expense			1,996		2,153		4,269		4,217

Variable lease expense	Operating expense - personnel, vehicle, plant and other		798		671		1,544		1,346
	Operating expense - equipment lease expense		349		153		737		886
Total variable lease expense			1,147		824		2,281		2,232

Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		2,189		435		4,354		475
Interest on lease liabilities	Interest expense		963		318		1,908		360
Total finance lease expense			3,152		753		6,262		835

Total lease expense (a)		$	14,991	$	14,571	$	30,541	$	28,128

(a)

Schedule of Minimum Annual Payments Under Existing Operating Leases


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

Schedule of Minimum Annual Payments Under Existing Finance Leases


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

Schedule of Operating and Finance Lease Assumptions


	As of January 31, 2021
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	5.1	8.3%
Finance leases	5.6	8.7%

Schedule of Cash Flow Information


	For the six months ended January 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	17,546	$	21,647

Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	1,729	$	360
Financing cash flows	$	3,460	$	320

Ferrellgas, L.P. [Member]

Schedule of Lease Assets and Liabilities


Leases	Classification		January 31, 2021		July 31, 2020
Assets
Operating lease assets	Operating lease right-of-use assets	$	97,249	$	107,349
Financing lease assets	Other assets, net		38,045		41,426
Total leased assets		$	135,294	$	148,775

Liabilities
Current
Operating	Current operating lease liabilities	$	27,895	$	29,345
Financing	Other current liabilities		7,405		6,955
Noncurrent
Operating	Operating lease liabilities		80,901		89,022
Financing	Other liabilities		30,537		33,473
Total leased liabilities		$	146,738	$	158,795

Schedule of Lease Costs


		For the three months ended January 31,				For the six months ended January 31,
Leases expense	Classification	2021		2020		2021		2020

Operating lease expense	Operating expense - personnel, vehicle, plant and other	$	1,497	$	1,664	$	3,280	$	3,405
	Operating expense - equipment lease expense		6,513		8,156		12,955		15,763
	Cost of sales - propane and other gas liquids sales		492		324		1,018		713
	General and administrative expense		194		697		476		963
Total operating lease expense			8,696		10,841		17,729		20,844

Short-term expense	Operating expense - personnel, vehicle, plant and other		1,873		2,012		3,905		3,966
	General and administrative expense		123		141		364		251
Total short-term expense			1,996		2,153		4,269		4,217

Variable lease expense	Operating expense - personnel, vehicle, plant and other		798		671		1,544		1,346
	Operating expense - equipment lease expense		349		153		737		886
Total variable lease expense			1,147		824		2,281		2,232

Finance lease expense:
Amortization of leased assets	Depreciation and amortization expense		2,189		435		4,354		475
Interest on lease liabilities	Interest expense		963		318		1,908		360
Total finance lease expense			3,152		753		6,262		835

Total lease expense (a)		$	14,991	$	14,571	$	30,541	$	28,128

(a)

Schedule of Minimum Annual Payments Under Existing Operating Leases


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

Schedule of Minimum Annual Payments Under Existing Finance Leases


Maturities of lease liabilities		Operating leases		Finance leases		Total
2021	$	17,114	$	7,186	$	24,300
2022		28,110		9,851		37,961
2023		35,875		7,851		43,726
2024		19,055		7,262		26,317
2025		13,616		7,273		20,889
Thereafter		21,886		10,892		32,778
Total lease payments	$	135,656	$	50,315	$	185,971
Less: Imputed interest		26,860		12,373		39,233
Present value of lease liabilities	$	108,796	$	37,942	$	146,738

Schedule of Operating and Finance Lease Assumptions


	As of January 31, 2021
Lease type	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	5.1	8.3%
Finance leases	5.6	8.7%

Schedule of Cash Flow Information


	For the six months ended January 31,
	2021		2020
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows	$	17,546	$	21,647

Cash paid for amounts included in the measurement of lease liabilities for financing leases:
Operating cash flows	$	1,729	$	360
Financing cash flows	$	3,460	$	320

Supplemental Financial Statement Information (Tables)

6 Months Ended

Jan. 31, 2021

Supplemental Financial Statement Information [Line Items]

Schedule Of Inventories


	January 31, 2021		July 31, 2020
Propane gas and related products	$	76,843	$	58,733
Appliances, parts and supplies, and other		13,630		13,931
Inventories	$	90,473	$	72,664

Prepaid Expenses and Other Current Assets


	January 31, 2021		July 31, 2020
Broker margin deposit assets	$	19,410	$	14,398
Price risk management asset		32,270		2,846
Other		21,234		18,700
Prepaid expenses and other current assets	$	72,914	$	35,944

Other Current Liabilities


	January 31, 2021		July 31, 2020
Accrued interest	$	34,583	$	53,841
Customer deposits and advances		33,144		32,257
Accrued payroll		23,902		18,375
Accrued insurance		11,416		14,796
Other		88,863		48,197
Other current liabilities	$	191,908	$	167,466

Shipping And Handling Expenses


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense - personnel, vehicle, plant and other	$	56,723	$	64,987	$	104,253	$	113,002
Depreciation and amortization expense		1,958		2,036		6,481		3,876
Operating expense - equipment lease expense		5,793		7,984		11,676		15,626
	$	64,474	$	75,007	$	122,410	$	132,504

Cash and Cash Equivalents


	January 31, 2021		July 31, 2020
Cash and cash equivalents	$	217,434	$	238,002
Restricted cash (1)		109,049		95,759
Cash, cash equivalents and restricted cash	$	326,483	$	333,761

(1)

Cash Flow Supplemental Disclosures


	For the six months ended January 31,
	2021		2020
Cash paid for:
Interest	$	88,107	$	83,826
Income taxes	$	305	$	1
Non-cash investing and financing activities:
Liability incurred in connection with Financing Agreement amendment	$	—	$	8,863
Liabilities incurred in connection with acquisitions	$	—	$	520
Change in accruals for property, plant and equipment additions	$	(178)	$	268
Lease liabilities arising from operating right-of-use assets	$	4,262	$	21,606
Lease liabilities arising from finance right-of-use assets	$	972	$	12,241

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information [Line Items]

Schedule Of Inventories


	January 31, 2021		July 31, 2020
Propane gas and related products	$	76,843	$	58,733
Appliances, parts and supplies, and other		13,630		13,931
Inventories	$	90,473	$	72,664

Prepaid Expenses and Other Current Assets


	January 31, 2021		July 31, 2020
Broker margin deposit assets	$	19,410	$	14,398
Price risk management asset		32,270		2,846
Other		21,426		18,653
Prepaid expenses and other current assets	$	73,106	$	35,897

Other Current Liabilities


	January 31, 2021		July 31, 2020
Accrued interest	$	34,583	$	34,511
Customer deposits and advances		33,144		32,257
Accrued payroll		23,902		18,375
Accrued insurance		11,416		14,796
Other		87,663		48,197
Other current liabilities	$	190,708	$	148,136

Shipping And Handling Expenses


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense - personnel, vehicle, plant and other	$	56,723	$	64,987	$	104,253	$	113,002
Depreciation and amortization expense		1,958		2,036		6,481		3,876
Operating expense - equipment lease expense		5,793		7,984		11,676		15,626
	$	64,474	$	75,007	$	122,410	$	132,504

Cash and Cash Equivalents


	January 31, 2021		July 31, 2020
Cash and cash equivalents	$	197,528	$	237,996
Restricted cash (1)		109,049		95,759
Cash, cash equivalents and restricted cash	$	306,577	$	333,755

(1)

Cash Flow Supplemental Disclosures


	For the six months ended January 31,
	2021		2020
Cash paid for:
Interest	$	88,107	$	68,430
Income taxes	$	290	$	1
Non-cash investing and financing activities:
Liability incurred in connection with Financing Agreement amendment	$	—	$	8,863
Liabilities incurred in connection with acquisitions	$	—	$	520
Change in accruals for property, plant and equipment additions	$	(178)	$	268
Lease liabilities arising from operating right-of-use assets	$	4,262	$	21,606
Lease liabilities arising from finance right-of-use assets	$	972	$	12,241

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Tables)

6 Months Ended

Jan. 31, 2021

Accounts, Notes, Loans and Financing Receivable [Line Items]

Accounts And Notes Receivable


	January 31, 2021		July 31, 2020
Accounts receivable pledged as collateral	$	200,443	$	103,703
Accounts receivable not pledged as collateral (including other reserves)		8,307		(825)
Note receivable		15,148		12,648
Other		37		36
Less: Allowance for expected credit losses		(17,655)		(14,124)
Accounts and notes receivable, net	$	206,280	$	101,438

Ferrellgas, L.P. [Member]

Accounts, Notes, Loans and Financing Receivable [Line Items]

Accounts And Notes Receivable


	January 31, 2021		July 31, 2020
Accounts receivable pledged as collateral	$	200,443	$	103,703
Accounts receivable not pledged as collateral (including other reserves)		8,307		(825)
Note receivable		15,148		12,648
Other		37		36
Less: Allowance for expected credit losses		(17,655)		(14,124)
Accounts and notes receivable, net	$	206,280	$	101,438

Debt (Tables)

6 Months Ended

Jan. 31, 2021

Debt Instrument [Line Items]

Schedule of Debt Components


	January 31, 2021		July 31, 2020
Unsecured senior notes
Fixed rate, 6.50%, due 2021 (1)	$	500,000	$	500,000
Fixed rate, 6.75%, due 2023 (2)		500,000		500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $605 and $937 at January 31, 2021 and July 31, 2020, respectively (3)		475,605		475,937
Fixed rate, 8.625%, due 2020 (4)		357,000		357,000

Secured senior notes
Fixed rate, 10.00%, due 2025, net of unamortized premium of $3,270 at January 31, 2021 and $3,573 at July 31, 2020, respectively (5)		703,270		703,573

Notes payable
7.7% and 9.4% weighted average interest rate at January 31, 2021 and July 31, 2020, respectively, due 2021 to 2029, net of unamortized discount of $374 and $537 at January 31, 2021 and July 31, 2020, respectively		3,607		4,564
Total debt, excluding unamortized debt issuance and other costs		2,539,482		2,541,074
Unamortized debt issuance and other costs		(30,207)		(35,583)
Less: current portion of long-term debt		501,865		859,095
Less: debt subject to compromise		357,000		—
Long-term debt	$	1,650,410	$	1,646,396

(1)

(2)

(3)

(4)

(5)

Scheduled Annual Principal Payments On Long-term Debt

	Scheduled
Payment due by fiscal year	principal payments
2021 (a)	$	858,000
2022		476,435
2023		500,999
2024		329
2025		700,199
Thereafter		19
Total	$	2,535,981

(a)

Includes the Ferrellgas Partners Notes due 2020, which matured on June 15, 2020, but have not yet been repaid.

Ferrellgas, L.P. [Member]

Debt Instrument [Line Items]

Schedule of Debt Components


	January 31, 2021		July 31, 2020
Unsecured senior notes
Fixed rate, 6.50%, due 2021 (1)	$	500,000	$	500,000
Fixed rate, 6.75%, due 2023 (2)		500,000		500,000
Fixed rate, 6.75%, due 2022, net of unamortized premium of $605 and $937 at January 31, 2021 and July 31, 2020, respectively (3)		475,605		475,937

Secured senior notes
Fixed rate, 10.00%, due 2025, net of unamortized premium of $3,270 and $3,573 at January 31, 2021 and July 31, 2020, respectively (4)		703,270		703,573

Notes payable
7.7% and 9.4% weighted average interest rate at January 31, 2021 and July 31, 2020, respectively, due 2021 to 2029, net of unamortized discount of $374 and $537 at January 31, 2021 and July 31, 2020, respectively		3,607		4,564
Total debt, excluding unamortized debt issuance and other costs		2,182,482		2,184,074
Unamortized debt issuance and other costs		(30,207)		(35,583)
Less: current portion of long-term debt		501,865		502,095
Long-term debt	$	1,650,410	$	1,646,396

(1)

(2)

(3)

(4)

Scheduled Annual Principal Payments On Long-term Debt


Payment due by fiscal year	Scheduled principal payments
2021	$	501,000
2022		476,435
2023		500,999
2024		329
2025		700,199
Thereafter		19
Total	$	2,178,981

Partners' deficit (Tables)

6 Months Ended

Jan. 31, 2021

Limited Partners' Capital Account [Line Items]

Limited Partner Units


	January 31, 2021	July 31, 2020
Public common unitholders (1)	69,612,939	69,612,939
Ferrell Companies (2)	22,529,361	22,529,361
FCI Trading Corp. (3)	195,686	195,686
Ferrell Propane, Inc. (4)	51,204	51,204
James E. Ferrell (5)	4,763,475	4,763,475

(1)

These common units are traded on the OTC Pink Market under the symbol “FGPRQ”.

(2)

(3)

FCI Trading is an affiliate of the general partner and thus a related party.

(4)

Ferrell Propane is controlled by the general partner and thus a related party.

(5)

Ferrellgas, L.P. [Member]

Limited Partners' Capital Account [Line Items]

Ferrellgas Recognized Cash Distributions


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Ferrellgas Partners	$	—	$	15,396	$	—	$	15,496
General partner		—		157		—		158

Revenue from contracts with customers (Tables)

6 Months Ended

Jan. 31, 2021

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Retail - Sales to End Users	$	378,350	$	374,069	$	552,995	$	554,486
Wholesale - Sales to Resellers		138,730		105,055		241,342		187,759
Other Gas Sales		11,354		6,123		15,146		16,387
Other		25,126		25,586		44,971		45,415
Propane and related equipment revenues	$	553,560	$	510,833	$	854,454	$	804,047

Contract with Customer, Asset and Liability [Table Text Block]


	January 31, 2021		July 31, 2020
Accounts receivable	$	214,288	$	108,483
Contract assets	$	9,647	$	7,079
Contract liabilities
Deferred revenue (1)	$	44,801	$	42,911

(1)

Of the beginning balance of deferred revenue, $24.7 million was recognized as revenue during the six months ended January 31, 2021.

Ferrellgas, L.P. [Member]

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Retail - Sales to End Users	$	378,350	$	374,069	$	552,995	$	554,486
Wholesale - Sales to Resellers		138,730		105,055		241,342		187,759
Other Gas Sales		11,354		6,123		15,146		16,387
Other		25,126		25,586		44,971		45,415
Propane and related equipment revenues	$	553,560	$	510,833	$	854,454	$	804,047

Contract with Customer, Asset and Liability [Table Text Block]


	January 31, 2021		July 31, 2020
Accounts receivable	$	214,288	$	108,483
Contract assets	$	9,647	$	7,079
Contract liabilities
Deferred revenue (1)	$	44,801	$	42,911

(1)

Of the beginning balance of deferred revenue, $24.7 million was recognized as revenue during the six months ended January 31, 2021.

Fair Value Measurement (Tables)

6 Months Ended

Jan. 31, 2021

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Assets and Liabilities Fair Value Hierarchy


	Asset (Liability)
	Quoted Prices in Active
	Markets for Identical		Significant Other
	Assets and Liabilities		Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
January 31, 2021:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	34,433	$	—	$	34,433
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(313)	$	—	$	(313)

July 31, 2020:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	3,112	$	—	$	3,112
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(5,425)	$	—	$	(5,425)

Ferrellgas, L.P. [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Assets and Liabilities Fair Value Hierarchy


	Asset (Liability)
	Quoted Prices in Active
	Markets for Identical		Significant Other
	Assets and Liabilities		Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
January 31, 2021:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	34,433	$	—	$	34,433
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(313)	$	—	$	(313)

July 31, 2020:
Assets:
Derivative financial instruments:
Commodity derivatives	$	—	$	3,112	$	—	$	3,112
Liabilities:
Derivative financial instruments:
Commodity derivatives	$	—	$	(5,425)	$	—	$	(5,425)

Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jan. 31, 2021

Fair Value of Financial Derivatives Balance Sheet Locations


	Final	January 31, 2021
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2022
Commodity derivatives-propane		Prepaid expenses and other current assets	$	32,270	Other current liabilities	$	209
Commodity derivatives-propane		Other assets, net		2,163	Other liabilities		104
		Total	$	34,433	Total	$	313


	Final	July 31, 2020
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2021
Commodity derivatives-propane		Prepaid expenses and other current assets	$	2,846	Other current liabilities	$	5,029
Commodity derivatives-propane		Other assets, net		266	Other liabilities		396
		Total	$	3,112	Total	$	5,425

Offsetting Assets And Liabilities [Table Text Block]


	January 31, 2021
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	19,410	Other current liabilities	$	39,774
	Other assets, net		1,447	Other liabilities		2,095
		$	20,857		$	41,869


	July 31, 2020
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	14,398	Other current liabilities	$	510
	Other assets, net		1,433	Other liabilities		—
		$	15,831		$	510

Cash Flow Hedge Derivative Effect on Comprehensive Income


	For the three months ended January 31, 2021
				Amount of Gain (Loss)
	Amount of Gain		Location of Gain (Loss)	Reclassified from
	(Loss) Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	36,957	Cost of product sold- propane and other gas liquids sales	$	8,441	$	—
	$	36,957		$	8,441	$	—


	For the three months ended January 31, 2020
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(11,212)	Cost of product sold- propane and other gas liquids sales	$	(8,766)	$	—
	$	(11,212)		$	(8,766)	$	—


	For the six months ended January 31, 2021
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	42,724	Cost of sales-propane and other gas liquids sales	$	6,291	$	—
	$	42,724		$	6,291	$	—


	For the six months ended January 31, 2020
				Amount of Gain (Loss)
	Amount of Gain (Loss)		Location of Gain (Loss)	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(24,839)	Cost of sales-propane and other gas liquids sales	$	(16,245)	$	—
	$	(24,839)		$	(16,245)	$	—

Changes in Derivatives Included in Accumulated Other Comprehensive Income


	For the six months ended January 31,
Gains and losses on derivatives included in AOCI	2021		2020
Beginning balance	$	(2,313)	$	(14,756)
Change in value of risk management commodity derivatives		42,724		(24,839)
Reclassification of (gains) losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(6,291)		16,245
Ending balance	$	34,120	$	(23,350)

Ferrellgas, L.P. [Member]

Fair Value of Financial Derivatives Balance Sheet Locations


	Final	January 31, 2021
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2022
Commodity derivatives-propane		Prepaid expenses and other current assets	$	32,270	Other current liabilities	$	209
Commodity derivatives-propane		Other assets, net		2,163	Other liabilities		104
		Total	$	34,433	Total	$	313


	Final	July 31, 2020
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2021
Commodity derivatives-propane		Prepaid expenses and other current assets	$	2,846	Other current liabilities	$	5,029
Commodity derivatives-propane		Other assets, net		266	Other liabilities		396
		Total	$	3,112	Total	$	5,425

Offsetting Assets And Liabilities [Table Text Block]


	January 31, 2021
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	19,410	Other current liabilities	$	39,774
	Other assets, net		1,447	Other liabilities		2,095
		$	20,857		$	41,869


	July 31, 2020
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	14,398	Other current liabilities	$	510
	Other assets, net		1,433	Other liabilities		—
		$	15,831		$	510

Cash Flow Hedge Derivative Effect on Comprehensive Income


	For the three months ended January 31, 2021
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	36,957	Cost of product sold- propane and other gas liquids sales	$	8,441	$	—
	$	36,957		$	8,441	$	—


	For the three months ended January 31, 2020
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(11,212)	Cost of product sold- propane and other gas liquids sales	$	(8,766)	$	—
	$	(11,212)		$	(8,766)	$	—


	For the six months ended January 31, 2021
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	42,724	Cost of sales-propane and other gas liquids sales	$	6,291	$	—
	$	42,724		$	6,291	$	—


	For the six months ended January 31, 2020
				Amount of Gain (Loss)
			Location of Gain (Loss)	Reclassified from
	Amount of Gain (Loss)		Reclassified from AOCI	AOCI into Income
Derivative Instrument	Recognized in AOCI		into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(24,839)	Cost of sales-propane and other gas liquids sales	$	(16,245)	$	—
	$	(24,839)		$	(16,245)	$	—

Changes in Derivatives Included in Accumulated Other Comprehensive Income


	For the six months ended January 31,
Gains and losses on derivatives included in AOCI	2021		2020
Beginning balance	$	(2,313)	$	(14,756)
Change in value of risk management commodity derivatives		42,724		(24,839)
Reclassification of losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(6,291)		16,245
Ending balance	$	34,120	$	(23,350)

Transactions With Related Parties (Tables)

6 Months Ended

Jan. 31, 2021

Allocation Of Transactions With Related Parties


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense	$	70,655	$	73,084	$	131,635	$	136,555

General and administrative expense	$	10,375	$	7,476	$	17,094	$	13,963

Ferrellgas, L.P. [Member]

Allocation Of Transactions With Related Parties


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
Operating expense	$	70,655	$	73,084	$	131,635	$	136,555

General and administrative expense	$	10,375	$	7,476	$	17,094	$	13,963

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

6 Months Ended

Jan. 31, 2021

Earnings Per Share [Abstract]

Basic And Diluted Net Earnings Per Common Unitholders' Interest


	For the three months ended January 31,				For the six months ended January 31,
	2021		2020		2021		2020
	(in thousands, except per common unit amounts)
Common unitholders’ interest in net earnings	$	62,634	$	47,725	$	17,033	$	2,834
Weighted average common units outstanding (in thousands)		97,152.7		97,152.7		97,152.7		97,152.7
Basic and diluted net earnings per common unit	$	0.64	$	0.49	$	0.18	$	0.03

Guarantor financial information (Tables) - Ferrellgas, L.P. [Member]

6 Months Ended

Jan. 31, 2021

Condensed Financial Statements, Captions [Line Items]

Condensed Balance Sheet [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

(in thousands)


	As of January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	300,436	$	1	$	—	$	6,140	$	—	$	306,577
Accounts and notes receivable, net		5,837		—		—		200,443		—		206,280
Intercompany receivables		169,668		—		—		—		(169,668)		—
Inventories		90,473		—		—		—		—		90,473
Prepaid expenses and other current assets		73,106		—		—		—		—		73,106
Total current assets		639,520		1		—		206,583		(169,668)		676,436

Property, plant and equipment, net		587,870		—		—		—		—		587,870
Goodwill, net		246,946		—		—		—		—		246,946
Intangible assets, net		99,644		—		—		—		—		99,644
Investments in consolidated subsidiaries		39,143		—		—		—		(39,143)		—
Operating lease right-of-use assets		97,249		—		—		—		—		97,249
Loan receivable - Ferrellgas Partners, L.P.		20,151		—		—		—		—		20,151
Other assets, net		88,784		—		2,255		120		—		91,159
Total assets	$	1,819,307	$	1	$	2,255	$	206,703	$	(208,811)	$	1,819,455

LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	79,224	$	—	$	—	$	—	$	—	$	79,224
Intercompany payables		—		—		—		169,668		(169,668)		—
Current portion of long-term debt		501,865		—		—		—		—		501,865
Current operating lease liabilities		27,895		—		—		—		—		27,895
Other current liabilities		190,560		—		(3)		151		—		190,708
Total current liabilities		799,544		—		(3)		169,819		(169,668)		799,692

Long-term debt		1,650,410		—		—		—		—		1,650,410
Operating lease liabilities		80,901		—		—		—		—		80,901
Other liabilities		49,541		—		—		—		—		49,541

Partners' capital (deficit):
Partners' equity		(795,209)		1		2,258		36,884		(39,143)		(795,209)
Accumulated other comprehensive income		34,120		—		—		—		—		34,120
Total partners' capital (deficit)		(761,089)		1		2,258		36,884		(39,143)		(761,089)
Total liabilities and partners' capital (deficit)	$	1,819,307	$	1	$	2,255	$	206,703	$	(208,811)	$	1,819,455

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

(in thousands)


	As of July 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	332,244	$	1	$	—	$	1,510	$	—	$	333,755
Accounts and notes receivable, net		11,879		—		24		89,535		—		101,438
Intercompany receivables		69,980		—		—		—		(69,980)		—
Inventories		72,664		—		—		—		.		72,664
Prepaid expenses and other current assets		35,897		—		—		—		—		35,897
Total current assets		522,664		1		24		91,045		(69,980)		543,754

Property, plant and equipment, net		591,042		—		—		—		—		591,042
Goodwill, net		247,195		—		—		—		—		247,195
Intangible assets, net		104,049		—		—		—		—		104,049
Investments in consolidated subsidiaries		37,662		—		—		—		(37,662)		—
Operating lease right-of-use assets		107,349		—		—		—		—		107,349
Other assets, net		72,137		—		2,255		356		—		74,748
Total assets	$	1,682,098	$	1	$	2,279	$	91,401	$	(107,642)	$	1,668,137

LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Current liabilities:
Accounts payable	$	33,944	$	—	$	—	$	—	$	—	$	33,944
Intercompany payables		—		—		—		69,980		(69,980)		—
Current portion of long-term debt		502,095		—		—		—		—		502,095
Current operating lease liabilities		29,345		—		—		—		—		29,345
Other current liabilities		162,097		—		—		(13,961)		—		148,136
Total current liabilities		727,481		—		—		56,019		(69,980)		713,520

Long-term debt		1,646,396		—		—		—		—		1,646,396
Operating lease liabilities		89,022		—		—		—		—		89,022
Other liabilities		51,190		—		—		—		—		51,190
Contingencies and commitments

Partners' capital (deficit):
Partners' equity		(829,678)		1		2,279		35,382		(37,662)		(829,678)
Accumulated other comprehensive income		(2,313)		—		—		—		—		(2,313)
Total partners' capital (deficit)		(831,991)		1		2,279		35,382		(37,662)		(831,991)
Total liabilities and partners' capital (deficit)	$	1,682,098	$	1	$	2,279	$	91,401	$	(107,642)	$	1,668,137

Condensed Income Statement [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the three months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	528,434	$	—	$	—	$	—	$	—	$	528,434
Other		25,126		—		—		—		—		25,126
Total revenues		553,560		—		—		—		—		553,560

Costs and expenses:
Cost of sales - propane and other gas liquids sales		270,777		—		—		—		—		270,777
Cost of sales - other		3,504		—		—		—		—		3,504
Operating expense - personnel, vehicle, plant and other		115,247		—		—		2,437		(2,437)		115,247
Operating expense - equipment lease expense		6,862		—		—		—		—		6,862
Depreciation and amortization expense		21,249		—		—		—		—		21,249
General and administrative expense		20,254		—		—		—		—		20,254
Non-cash employee stock ownership plan compensation charge		762		—		—		—		—		762
Loss on asset sales and disposals		80		—		—		—		—		80

Operating income (loss)		114,825		—		—		(2,437)		2,437		114,825

Interest expense		(45,958)		—		—		(564)		—		(46,522)
Other income (expense), net		3,774		—		(15)		1,614		(1,614)		3,759

Earnings (loss) before income taxes		72,641		—		(15)		(1,387)		823		72,062

Income tax expense		312		—		—		—		—		312
Equity in earnings (loss) of subsidiaries		(1,402)		—		—		—		1,402		—

Net earnings (loss)		70,927		—		(15)		(1,387)		2,225		71,750

Other comprehensive income		28,516		—		—		—		—		28,516

Comprehensive income (loss)	$	99,443	$	—	$	(15)	$	(1,387)	$	2,225	$	100,266

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the three months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	485,247	$	—	$	—	$	—	$	—	$	485,247
Other		25,586		—		—		—		—		25,586
Total revenues		510,833		—		—		—		—		510,833

Costs and expenses:
Cost of sales - propane and other gas liquids sales		237,843		—		—		—		—		237,843
Cost of sales - other		3,353		—		—		—		—		3,353
Operating expense - personnel, vehicle, plant and other		128,233		—		—		1,050		(1,050)		128,233
Operating expense - equipment lease expense		8,261		—		—		—		—		8,261
Depreciation and amortization expense		19,684		—		—		111		—		19,795
General and administrative expense		14,082		3		—		—		—		14,085
Non-cash employee stock ownership plan compensation charge		630		—		—		—		—		630
Loss on asset sales and disposals		2,148		—		—		—		—		2,148

Operating income (loss)		96,599		(3)		—		(1,161)		1,050		96,485

Interest expense		(37,778)		—		—		(912)		—		(38,690)
Other income (expense), net		76		—		—		1,882		(1,882)		76

Earnings (loss) before income taxes		58,897		(3)		—		(191)		(832)		57,871

Income tax expense		115		—		—		—		—		115
Equity in earnings (loss) of subsidiary		(194)		—		—		—		194		—

Net earnings (loss)		58,588		(3)		—		(191)		(638)		57,756

Other comprehensive loss		(2,555)		—		—		—		—		(2,555)

Comprehensive income (loss)	$	56,033	$	(3)	$	—	$	(191)	$	(638)	$	55,201

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the six months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	809,483	$	—	$	—	$	—	$	—	$	809,483
Other		44,971		—		—		—		—		44,971
Total revenues		854,454		—		—		—		—		854,454

Costs and expenses:
Cost of sales - propane and other gas liquids sales		408,404		—		—		—		—		408,404
Cost of sales - other		7,171		—		—		—		—		7,171
Operating expense - personnel, vehicle, plant and other		224,274		—		—		3,174		(3,174)		224,274
Operating expense - equipment lease expense		13,692		—		—		—		—		13,692
Depreciation and amortization expense		42,639		—		—		—		—		42,639
General and administrative expense		33,328		2		—		—		—		33,330
Non-cash employee stock ownership plan compensation charge		1,470		—		—		—		—		1,470
Loss on asset sales and disposals		893		—		—		—		—		893

Operating income (loss)		122,583		(2)		—		(3,174)		3,174		122,581

Interest expense		(91,859)		—		—		(1,191)		—		(93,050)
Other income (expense), net		3,903		—		(36)		3,293		(3,293)		3,867

Earnings (loss) before income taxes		34,627		(2)		(36)		(1,072)		(119)		33,398

Income tax expense		399		—		—		—		—		399
Equity in earnings (loss) of subsidiary		(1,110)		—		—		—		1,110		—

Net earnings (loss)		33,118		(2)		(36)		(1,072)		991		32,999

Other comprehensive loss		36,433		—		—		—		—		36,433

Comprehensive income (loss)	$	69,551	$	(2)	$	(36)	$	(1,072)	$	991	$	69,432

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

(in thousands)


	For the six months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated

Revenues:
Propane and other gas liquids sales	$	758,632	$	—	$	—	$	—	$	—	$	758,632
Other		45,415		—		—		—		—		45,415
Total revenues		804,047		—		—		—		—		804,047

Costs and expenses:
Cost of sales - propane and other gas liquids sales		371,871		—		—		—		—		371,871
Cost of sales - other		7,034		—		—		—		—		7,034
Operating expense - personnel, vehicle, plant and other		242,776		—		—		1,935		(1,935)		242,776
Operating expense - equipment lease expense		16,649		—		—		—		—		16,649
Depreciation and amortization expense		38,791		—		—		223		—		39,014
General and administrative expense		23,777		4		—		—		—		23,781
Non-cash employee stock ownership plan compensation charge		1,425		—		—		—		—		1,425
Loss on asset sales and disposals		4,383		—		—		—		—		4,383

Operating income (loss)		97,341		(4)		—		(2,158)		1,935		97,114

Interest expense		(73,469)		—		—		(2,098)		—		(75,567)
Other income (expense), net		(56)		—		—		2,602		(2,602)		(56)

Earnings (loss) before income taxes		23,816		(4)		—		(1,654)		(667)		21,491

Income tax expense		633		—		—		—		—		633
Equity in earnings (loss) of subsidiaries		(1,658)		—		—		—		1,658		—

Net earnings (loss)		21,525		(4)		—		(1,654)		991		20,858

Other comprehensive loss		(8,703)		—		—		—		—		(8,703)

Comprehensive income (loss)	$	12,822	$	(4)	$	—	$	(1,654)	$	991	$	12,155

Condensed Cash Flow Statement [Table Text Block]

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(in thousands)


	For the six months ended January 31, 2021
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	44,691	$	(6)	$	(9)	$	(4,856)	$	4,631	$	44,451

Cash flows from investing activities:
Capital expenditures		(35,333)		—		—		—		—		(35,333)
Proceeds from sale of assets		3,144		—		—		—		—		3,144
Cash collected for purchase of interest in accounts receivable		—		—		—		422,498		(422,498)		—
Cash remitted to Ferrellgas, L.P. for accounts receivable		—		—		—		(417,867)		417,867		—
Intercompany loan to affiliate		(4,870)								4,870
Other - Loan to MLP		(19,900)		—		—		—		—		(19,900)
Net cash provided by (used in) investing activities		(56,959)		—		—		4,631		239		(52,089)

Cash flows from financing activities:
Payments on long-term debt		(1,120)		—		—		—		—		(1,120)
Net changes in advances with consolidated entities		—		6		9		4,855		(4,870)		—
Cash payments for principal portion of finance lease liability		(3,460)		—		—		—		—		(3,460)
Cash paid for financing costs and other		(14,960)		—		—		—		—		(14,960)
Net cash provided by (used in) financing activities		(19,540)		6		9		4,855		(4,870)		(19,540)

Net change in cash and cash equivalents		(31,808)		—		—		4,630		—		(27,178)
Cash and cash equivalents - beginning of year		332,244		1		—		1,510		—		333,755
Cash, cash equivalents and restricted cash - end of year	$	300,436	$	1	$	—	$	6,140	$	—	$	306,577

FERRELLGAS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

(in thousands)


	For the six months ended January 31, 2020
	Ferrellgas, L.P.		Ferrellgas
	(Parent and		Finance Corp.		Guarantor		Non-Guarantor
	Co-Issuer)		(Co-Issuer)		Subsidiaries		Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	80,433	$	(4)	$	512	$	(5,941)	$	(59,000)	$	16,000

Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400)		—		—		—		—		(6,400)
Capital expenditures		(33,422)		—		—		—		—		(33,422)
Proceeds from sale of assets		1,659		—		—		—		—		1,659
Cash collected for purchase of interest in accounts receivable		—		—		—		416,325		(416,325)		—
Cash remitted to Ferrellgas, L.P. for accounts receivable		—		—		—		(475,325)		475,325		—
Intercompany loan to affiliate		(5,433)		—		—		—		5,433		—
Cash payment to construct assets in connection with future lease transactions		(30,307)		—		—		—		—		(30,307)
Cash receipts in connection with leased vehicles		19,929		—		—		—		—		19,929
Net cash provided by (used in) investing activities		(53,974)		—		—		(59,000)		64,433		(48,541)

Cash flows from financing activities:
Distributions		(15,654)		—		—		—		—		(15,654)
Reductions in long-term debt		(972)		—		—		—		—		(972)
Net reductions to short-term borrowings		(3,000)		—		—		—		—		(3,000)
Net additions to collateralized short-term borrowings		—		—		—		59,000		—		59,000
Net changes in advances with consolidated entries		—		4		(512)		5,941		(5,433)		—
Cash paid for financing costs and other		(4,236)		—		—		—		—		(4,236)
Net cash provided by (used in) financing activities		(23,862)		4		(512)		64,941		(5,433)		35,138

Net change in cash and cash equivalents		2,597		—		—		—		—		2,597
Cash and cash equivalents - beginning of year		11,045		1		—		—		—		11,046
Cash and cash equivalents - end of year	$	13,642	$	1	$	—	$	—	$	—	$	13,643

Condensed parent only debtor in possession financial information (Tables) - Debtor In Possession [Member]

6 Months Ended

Jan. 31, 2021

Condensed Financial Statements, Captions [Line Items]

Condensed Balance Sheet [Table Text Block]


	January 31,
	2021
ASSETS

Cash and cash equivalents	$	19,906
Prepaid expenses and other current assets		269
Total assets	$	20,175

LIABILITIES AND PARTNERS’ DEFICIT

Other current liabilities	$	1,661
Loan payable to Ferrellgas, L.P		19,900
Accrued interest payable on Ferrellgas, L.P. loan		251
Total liabilities not subject to compromise		21,812
Liabilities subject to compromise		390,101
Total liabilities		411,913

Investment in Ferrellgas, L.P.		753,579

Partners’ deficit
Total partners’ deficit attributable to debtors		(1,145,317)
Total liabilities and partners’ deficit	$	20,175

Condensed Income Statement [Table Text Block]


	For the three months ended January 31,		For the six months ended January 31,
	2021		2021
Expenses:
General and administrative expense	$	221	$	225
Interest expense		6,324		14,022
Reorganization expense - professional fees		1,200		1,200
Total expenses		7,745		15,447

Loss before income taxes and equity in earnings of non-debtor entities		(7,745)		(15,447)

Income tax expense		14		14
Equity in earnings of non-debtor entities		71,750		32,999

Net earnings		63,991		17,538

Net earnings attributable to noncontrolling interest		724		333

Net earnings attributable to the debtor		63,267		17,205

Total other comprehensive income		—		—

Comprehensive income attributable to debtor	$	63,267	$	17,205

Condensed Cash Flow Statement [Table Text Block]


	For the six months ended January 31,
	2021

Cash flows from operating activities:
Net cash provided by operating activities	$	—

Cash flows from investing activities:
Net cash provided by investing activities		—

Cash flows from financing activities:
Proceeds from loan from Ferrellgas, L.P.		19,900
Net cash provided by financing activities		19,900

Net increase in cash and cash equivalents		19,900
Cash and cash equivalents - beginning of year		6
Cash and cash equivalents - end of year	$	19,906

Partnership Organization And Formation (Details)	6 Months Ended
Partnership Organization And Formation (Details)	Jan. 31, 2021 USD ($) employee item subsidiary shares	Jan. 31, 2020	Jan. 08, 2021 USD ($)	Jul. 31, 2020 shares	Jan. 31, 2017 USD ($)	Nov. 30, 2010 USD ($)
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of subsidiaries \| subsidiary	2
Number of states in which entity operates	50
Debt subject to compromise	$ 357,000,000
Number of employees \| employee	0
Fixed rate, 8.625%, due 2020
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Debt subject to compromise	$ 357,000,000
Aggregate principal amount					$ 175,000,000
Interest rate, as a percent	8.625%			8.625%	8.625%
Fixed rate, 6.5%, due 2021
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Aggregate principal amount						$ 500,000,000
Interest rate, as a percent	6.50%			6.50%		6.50%
P I K Term Loan Due Two Thousand Twenty Two [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Aggregate principal amount			$ 19,900,000
Interest rate, as a percent			20.00%
Ferrellgas, L.P. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of general partners \| item	3
Ferrellgas Partners LP [Member] \| Ferrellgas, L.P. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Limited partner interest	99.00%
Ferrellgas Partners LP [Member] \| Ferrellgas Partners Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ownership percentage	100.00%
Ferrell Companies [Member] \| Ferrellgas Partners LP [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Common stock shares outstanding \| shares	22,800,000
Ferrellgas Inc., General Partner [Member] \| Ferrellgas [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
General partner ownership interest	2.00%	2.00%
Ferrellgas Inc., General Partner [Member] \| Ferrellgas Partners LP [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
General partner ownership interest	1.00%
Ferrellgas Inc., General Partner [Member] \| Ferrellgas, L.P. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
General partner ownership interest	1.0101%	1.0101%
Ferrellgas, L.P. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of states in which entity operates	50
Number of employees \| employee	0
Ferrellgas, L.P. [Member] \| Fixed rate, 8.625%, due 2020
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Debt subject to compromise	$ 357,000,000
Ferrellgas, L.P. [Member] \| Fixed rate, 6.5%, due 2021
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Aggregate principal amount	$ 500,000,000					$ 500,000,000
Interest rate, as a percent	6.50%			6.50%		6.50%
Ferrellgas, L.P. [Member] \| Ferrellgas Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ownership percentage	100.00%
Ferrellgas Partners Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Common stock shares outstanding \| shares	1,000			1,000
Corporation formation proceeds from partnership	$ 1,000
Corporation formation shares granted to partnership \| shares	1,000
Number of employees \| employee	0
Ferrellgas Finance Corp. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Common stock shares outstanding \| shares	1,000			1,000
Corporation formation proceeds from partnership	$ 1,000
Corporation formation shares granted to partnership \| shares	1,000
Number of employees \| employee	0
Ferrellgas Finance Corp. [Member] \| Fixed rate, 8.625%, due 2020
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Debt subject to compromise	$ 357,000,000
Ferrellgas Finance Corp. [Member] \| Fixed rate, 6.5%, due 2021
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Aggregate principal amount	$ 500,000,000

Leases - Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Assets and Liabilities, Lessee [Abstract]
Operating Lease, Right-of-Use Asset	$ 97,249	$ 107,349
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Operating Lease, Right-of-Use Asset
Finance Lease, Right-of-Use Asset	$ 38,045	41,426
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets, Noncurrent
Total leased assets	$ 135,294	148,775
Operating Lease, Liability, Current	$ 27,895	29,345
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating Lease, Liability, Current
Finance Lease, Liability, Current	$ 7,405	6,955
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Liabilities, Current
Operating Lease, Liability, Noncurrent	$ 80,901	89,022
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Operating Lease, Liability, Noncurrent
Finance Lease, Liability, Noncurrent	$ 30,537	33,473
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent
Total leased liabilities	$ 146,738	158,795
Ferrellgas, L.P. [Member]
Assets and Liabilities, Lessee [Abstract]
Operating Lease, Right-of-Use Asset	$ 97,249	107,349
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Operating Lease, Right-of-Use Asset
Finance Lease, Right-of-Use Asset	$ 38,045	41,426
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets, Noncurrent
Total leased assets	$ 135,294	148,775
Operating Lease, Liability, Current	$ 27,895	29,345
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating Lease, Liability, Current
Finance Lease, Liability, Current	$ 7,405	6,955
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Liabilities, Current
Operating Lease, Liability, Noncurrent	$ 80,901	89,022
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Operating Lease, Liability, Noncurrent
Finance Lease, Liability, Noncurrent	$ 30,537	33,473
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent
Total leased liabilities	$ 146,738	$ 158,795

Leases - Lease Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Leases - Lease Expenses (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Lease, Cost [Abstract]
Operating lease expense	$ 8,696	$ 10,841	$ 17,729	$ 20,844
Short-term expense	1,996	2,153	4,269	4,217
Variable lease expense	1,147	824	2,281	2,232
Total finance lease expense	3,152	753	6,262	835
Total lease expense	14,991	14,571	30,541	28,128
Midstream Operations [Member]
Lease, Cost [Abstract]
Total lease expense	100	100	200	200
Operating expenses - personnel, vehicle, plant and other
Lease, Cost [Abstract]
Operating lease expense	1,497	1,664	3,280	3,405
Short-term expense	1,873	2,012	3,905	3,966
Variable lease expense	798	671	1,544	1,346
Operating expense - equipment lease expense
Lease, Cost [Abstract]
Operating lease expense	6,513	8,156	12,955	15,763
Variable lease expense	349	153	737	886
Cost of Sales [Member]
Lease, Cost [Abstract]
Operating lease expense	492	324	1,018	713
General and Administrative Expense [Member]
Lease, Cost [Abstract]
Operating lease expense	194	697	476	963
Short-term expense	123	141	364	251
Depreciation And Amortization Expense [Member]
Lease, Cost [Abstract]
Amortization of leased assets	2,189	435	4,354	475
Interest Expense [Member]
Lease, Cost [Abstract]
Interest on lease liabilities	963	318	1,908	360
Ferrellgas, L.P. [Member]
Lease, Cost [Abstract]
Operating lease expense	8,696	10,841	17,729	20,844
Short-term expense	1,996	2,153	4,269	4,217
Variable lease expense	1,147	824	2,281	2,232
Total finance lease expense	3,152	753	6,262	835
Total lease expense	14,991	14,571	30,541	28,128
Ferrellgas, L.P. [Member] \| Midstream Operations [Member]
Lease, Cost [Abstract]
Total lease expense	100	100	200	200
Ferrellgas, L.P. [Member] \| Operating expenses - personnel, vehicle, plant and other
Lease, Cost [Abstract]
Operating lease expense	1,497	1,664	3,280	3,405
Short-term expense	1,873	2,012	3,905	3,966
Variable lease expense	798	671	1,544	1,346
Ferrellgas, L.P. [Member] \| Operating expense - equipment lease expense
Lease, Cost [Abstract]
Operating lease expense	6,513	8,156	12,955	15,763
Variable lease expense	349	153	737	886
Ferrellgas, L.P. [Member] \| Cost of Sales [Member]
Lease, Cost [Abstract]
Operating lease expense	492	324	1,018	713
Ferrellgas, L.P. [Member] \| General and Administrative Expense [Member]
Lease, Cost [Abstract]
Operating lease expense	194	697	476	963
Short-term expense	123	141	364	251
Ferrellgas, L.P. [Member] \| Depreciation And Amortization Expense [Member]
Lease, Cost [Abstract]
Amortization of leased assets	2,189	435	4,354	475
Ferrellgas, L.P. [Member] \| Interest Expense [Member]
Lease, Cost [Abstract]
Interest on lease liabilities	$ 963	$ 318	$ 1,908	$ 360

Leases - Maturity (Details) $ in Thousands	Jan. 31, 2021 USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021	$ 17,114
2022	28,110
2023	35,875
2024	19,055
2025	13,616
Thereafter	21,886
Total lease payments, Operating Leases	135,656
Less: Imputed interest	26,860
Present value of lease liabilities, Operating Leases	108,796
Finance Lease, Liability, Payment, Due [Abstract]
2021	7,186
2022	9,851
2023	7,851
2024	7,262
2025	7,273
Thereafter	10,892
Total lease payments, Finance Leases	50,315
Less: Imputed interest	12,373
Present value of lease liabilities, Finance Leases	37,942
Operating And Finance Lease Liabilities Payments Due [Abstract]
2021	24,300
2022	37,961
2023	43,726
2024	26,317
2025	20,889
Thereafter	32,778
Total lease payments	185,971
Less: Imputed interest	39,233
Present value of lease liabilities	146,738
Ferrellgas, L.P. [Member]
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021	17,114
2022	28,110
2023	35,875
2024	19,055
2025	13,616
Thereafter	21,886
Total lease payments, Operating Leases	135,656
Less: Imputed interest	26,860
Present value of lease liabilities, Operating Leases	108,796
Finance Lease, Liability, Payment, Due [Abstract]
2021	7,186
2022	9,851
2023	7,851
2024	7,262
2025	7,273
Thereafter	10,892
Total lease payments, Finance Leases	50,315
Less: Imputed interest	12,373
Present value of lease liabilities, Finance Leases	37,942
Operating And Finance Lease Liabilities Payments Due [Abstract]
2021	24,300
2022	37,961
2023	43,726
2024	26,317
2025	20,889
Thereafter	32,778
Total lease payments	185,971
Less: Imputed interest	39,233
Present value of lease liabilities	$ 146,738

Leases - Assumptions (Details)	Jan. 31, 2021
Lessee Disclosure [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	5 years 1 month 6 days
Finance Lease, Weighted Average Remaining Lease Term	5 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	8.30%
Finance Lease, Weighted Average Discount Rate, Percent	8.70%
Ferrellgas, L.P. [Member]
Lessee Disclosure [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	5 years 1 month 6 days
Finance Lease, Weighted Average Remaining Lease Term	5 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	8.30%
Finance Lease, Weighted Average Discount Rate, Percent	8.70%

Leases - Cash Flow (Details) - USD ($) $ in Thousands	6 Months Ended
Leases - Cash Flow (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jan. 31, 2020
Operating cash flows, operating leases	$ 17,546	$ 21,647
Operating cash flows, financing leases	1,729	360
Financing cash flows, financing leases	3,460	320
Ferrellgas, L.P. [Member]
Operating cash flows, operating leases	17,546	21,647
Operating cash flows, financing leases	1,729	360
Financing cash flows, financing leases	$ 3,460	$ 320

Supplemental Information - Inventories (Details) $ in Thousands, gal in Millions	6 Months Ended
	Jan. 31, 2021 USD ($) gal	Jul. 31, 2020 USD ($)
Supplemental Financial Statement Information [Line Items]
Propane gas and related products	$ 76,843	$ 58,733
Appliances, parts and supplies	13,630	13,931
Inventories	$ 90,473	72,664
Supply procurement contract duration	36 months
Net procurement of fixed priced propane by Ferrellgas in gallons \| gal	2.7
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information [Line Items]
Propane gas and related products	$ 76,843	58,733
Appliances, parts and supplies	13,630	13,931
Inventories	$ 90,473	$ 72,664
Supply procurement contract duration	36 months
Net procurement of fixed priced propane by Ferrellgas in gallons \| gal	2.7

Supplemental Information - Prepaids and Other Assets (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Supplemental Financial Statement Information [Line Items]
Broker margin deposit assets	$ 19,410	$ 14,398
Price risk management asset	32,270	2,846
Other assets, net	21,234	18,700
Prepaid expenses and other current assets	72,914	35,944
Finance lease right-of-use assets	38,045	41,426
Other assets, net	91,159	74,748
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information [Line Items]
Broker margin deposit assets	19,410	14,398
Price risk management asset	32,270	2,846
Other assets, net	21,426	18,653
Prepaid expenses and other current assets	73,106	35,897
Finance lease right-of-use assets	38,045	41,426
Other assets, net	$ 91,159	$ 74,748

Supplemental Information - Other Current Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Supplemental Financial Statement Information [Line Items]
Accrued interest	$ 34,583	$ 53,841
Customer deposits and advances	33,144	32,257
Accrued payroll	23,902	18,375
Accrued insurance	11,416	14,796
Other	88,863	48,197
Other current liabilities	191,908	167,466
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information [Line Items]
Accrued interest	34,583	34,511
Customer deposits and advances	33,144	32,257
Accrued payroll	23,902	18,375
Accrued insurance	11,416	14,796
Other	87,663	48,197
Other current liabilities	$ 190,708	$ 148,136

Supplemental Information - Shipping and Handling (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Supplemental Financial Statement Information [Line Items]
Operating expense - personnel, vehicle, plant and other	$ 115,247	$ 128,233	$ 224,274	$ 242,776
Depreciation and amortization expense	21,249	19,795	42,639	39,014
Operating expense - equipment lease expense	6,862	8,261	13,692	16,649
Shipping and Handling [Member]
Supplemental Financial Statement Information [Line Items]
Operating expense - personnel, vehicle, plant and other	56,723	64,987	104,253	113,002
Depreciation and amortization expense	1,958	2,036	6,481	3,876
Operating expense - equipment lease expense	5,793	7,984	11,676	15,626
Costs and Expenses, Total	64,474	75,007	122,410	132,504
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information [Line Items]
Operating expense - personnel, vehicle, plant and other	115,247	128,233	224,274	242,776
Depreciation and amortization expense	21,249	19,795	42,639	39,014
Operating expense - equipment lease expense	6,862	8,261	13,692	16,649
Ferrellgas, L.P. [Member] \| Shipping and Handling [Member]
Supplemental Financial Statement Information [Line Items]
Operating expense - personnel, vehicle, plant and other	56,723	64,987	104,253	113,002
Depreciation and amortization expense	1,958	2,036	6,481	3,876
Operating expense - equipment lease expense	5,793	7,984	11,676	15,626
Costs and Expenses, Total	$ 64,474	$ 75,007	$ 122,410	$ 132,504

Supplemental Information - Cash (Details) - USD ($) $ in Thousands	6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jul. 31, 2020	Jul. 31, 2019
Supplemental Financial Statement Information [Line Items]
Cash and cash equivalents	$ 217,434		$ 238,002
Restricted cash	109,049		95,759
Cash pledged as collateral for letters of credit	91,500		78,200
Cash deposit against contingencies	11,500		11,500
Additional pledged collateral	6,000		6,100
Cash and cash equivalents and restricted cash	326,483	$ 13,706	333,761	$ 11,054
Cash paid for interest	88,107	83,826
Income taxes	305	1
Noncash Investing and Financing Items [Abstract]
Liability incurred in connection with Financing Agreement amendment		8,863
Liabilities incurred in connection with acquisitions		520
Change in accruals for property, plant and equipment additions	(178)	268
Lease liabilities arising from operating right-of-use assets	4,262	21,606
Lease liabilities arising from finance right-of-use assets	972	12,241
Ferrellgas, L.P. [Member]
Supplemental Financial Statement Information [Line Items]
Cash and cash equivalents	197,528		237,996
Restricted cash	109,049		95,759
Cash pledged as collateral for letters of credit	91,500		78,200
Cash deposit against contingencies	11,500		11,500
Additional pledged collateral	6,000		6,100
Cash and cash equivalents and restricted cash	306,577	13,643	$ 333,755	$ 11,046
Cash paid for interest	88,107	68,430
Income taxes	290	1
Noncash Investing and Financing Items [Abstract]
Liability incurred in connection with Financing Agreement amendment		8,863
Liabilities incurred in connection with acquisitions		520
Change in accruals for property, plant and equipment additions	(178)	268
Lease liabilities arising from operating right-of-use assets	4,262	21,606
Lease liabilities arising from finance right-of-use assets	$ 972	$ 12,241

Accounts And Notes Receivable, Net And Accounts Receivable Securitization (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	$ 200,443	$ 103,703
Accounts receivable, not pledged as collateral (including other reserves)	8,307	(825)
Notes receivable, current portion	15,148	12,648
Other	37	36
Less: Allowance for expected credit losses	(17,655)	(14,124)
Accounts and notes receivable, net	206,280	101,438
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	200,443	103,703
Accounts receivable, not pledged as collateral (including other reserves)	8,307	(825)
Notes receivable, current portion	15,148	12,648
Other	37	36
Less: Allowance for expected credit losses	(17,655)	(14,124)
Accounts and notes receivable, net	$ 206,280	$ 101,438

Accounts And Notes Receivable, Net And Accounts Receivable Securitization - Additional information (Details)	6 Months Ended	12 Months Ended
	Jan. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	$ 200,443,000	$ 103,703,000
Required fixed charge coverage ratio	175.00%
Accounts Receivable Securitization Facility [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collateralized notes payable	$ 0	0
Receipts from accounts receivable securitization	0	0
Capacity to receive additional proceeds	$ 87,000,000	11,000,000
Agreement extension period	3 years
Accounts Receivable Securitization Facility [Member] \| Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Senior secured leverage ratio	3.00
Accounts Receivable Securitization Facility [Member] \| Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Required fixed charge coverage ratio	100.00%
Ferrellgas, L.P. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable pledged as collateral	$ 200,443,000	103,703,000
Note receivable, original principal amount	$ 19,900,000
Required fixed charge coverage ratio	175.00%
Ferrellgas, L.P. [Member] \| Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Senior secured leverage ratio	5.5
Ferrellgas, L.P. [Member] \| Accounts Receivable Securitization Facility [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Collateralized notes payable	$ 0	0
Receipts from accounts receivable securitization	0	0
Capacity to receive additional proceeds	$ 87,000,000	$ 11,000,000
Agreement extension period	3 years
Ferrellgas, L.P. [Member] \| Accounts Receivable Securitization Facility [Member] \| Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Senior secured leverage ratio	3.00
Ferrellgas, L.P. [Member] \| Accounts Receivable Securitization Facility [Member] \| Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Required fixed charge coverage ratio	100.00%

Debt - Components Of Long-Term Debt (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020	Apr. 30, 2020	Jan. 31, 2017	Jun. 30, 2015	Jul. 31, 2014	Nov. 30, 2010
Schedule of Capitalization, Long-term Debt [Line Items]
Total long-term debt	$ 2,539,482	$ 2,541,074
Unamortized debt issuance and other costs	(30,207)	(35,583)
Less: current portion of long-term debt	501,865	859,095
Less: debt subject to compromise	357,000
Long-term debt	1,650,410	1,646,396
Fixed rate, 6.5%, due 2021
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 500,000	$ 500,000
Interest rate, as a percent	6.50%	6.50%					6.50%
Fixed rate, 6.75%, due 2023
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 500,000	$ 500,000
Interest rate, as a percent	6.75%	6.75%			6.75%
Fixed rate, 6.75%, due 2022
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 475,605	$ 475,937
Interest rate, as a percent	6.75%	6.75%				6.75%
Unamortized premium	$ 605	$ 937
Fixed rate, 8.625%, due 2020
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	357,000	$ 357,000
Less: debt subject to compromise	$ 357,000
Interest rate, as a percent	8.625%	8.625%		8.625%
Fixed rate 10.00% Due 2025
Schedule of Capitalization, Long-term Debt [Line Items]
Senior secured debt	$ 703,270	$ 703,573
Interest rate, as a percent	10.00%		10.00%
Unamortized premium	$ 3,270	3,573
Notes payable Due 2021 to 2029
Schedule of Capitalization, Long-term Debt [Line Items]
Notes payable	3,607	4,564
Unamortized discount	$ 374	$ 537
Debt, Weighted Average Interest Rate	7.70%	9.40%
Ferrellgas, L.P. [Member]
Schedule of Capitalization, Long-term Debt [Line Items]
Total long-term debt	$ 2,182,482	$ 2,184,074
Unamortized debt issuance and other costs	(30,207)	(35,583)
Less: current portion of long-term debt	501,865	502,095
Long-term debt	1,650,410	1,646,396
Ferrellgas, L.P. [Member] \| Fixed rate, 6.5%, due 2021
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 500,000	$ 500,000
Interest rate, as a percent	6.50%	6.50%					6.50%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.75%, due 2023
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 500,000	$ 500,000
Interest rate, as a percent	6.75%	6.75%			6.75%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.75%, due 2022
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	$ 475,605	$ 475,937
Interest rate, as a percent	6.75%	6.75%				6.75%
Unamortized premium	$ 605	$ 937
Ferrellgas, L.P. [Member] \| Fixed rate, 8.625%, due 2020
Schedule of Capitalization, Long-term Debt [Line Items]
Unsecured senior notes	357,000
Less: debt subject to compromise	357,000
Ferrellgas, L.P. [Member] \| Fixed rate 10.00% Due 2025
Schedule of Capitalization, Long-term Debt [Line Items]
Senior secured debt	$ 703,270	703,573
Interest rate, as a percent	10.00%		10.00%
Unamortized premium	$ 3,270	3,573
Ferrellgas, L.P. [Member] \| Notes payable Due 2021 to 2029
Schedule of Capitalization, Long-term Debt [Line Items]
Notes payable	3,607	4,564
Unamortized discount	$ 374	$ 537
Debt, Weighted Average Interest Rate	7.70%	9.40%

Debt - Long-Term Debt Activity (Details) - USD ($) $ in Millions	1 Months Ended		12 Months Ended
	Apr. 30, 2020	Jan. 31, 2017	Jul. 31, 2014	Jan. 31, 2021	Jul. 31, 2020	Jun. 30, 2015	Mar. 31, 2011	Nov. 30, 2010	Apr. 30, 2010
Fixed rate, 6.5%, due 2021
Debt Instrument [Line Items]
Aggregate principal amount								$ 500.0
Interest rate, as a percent				6.50%	6.50%			6.50%
Fixed rate, 6.75%, due 2023
Debt Instrument [Line Items]
Aggregate principal amount						$ 500.0
Interest rate, as a percent				6.75%	6.75%	6.75%
Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 475.0
Interest rate, as a percent			6.75%	6.75%	6.75%
Fixed rate, 8.625%, due 2020
Debt Instrument [Line Items]
Aggregate principal amount		$ 175.0
Interest rate, as a percent		8.625%		8.625%	8.625%
Issuance price as percent of par		96.00%
Net proceeds		$ 166.1
Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 700.0
Interest rate, as a percent	10.00%			10.00%
Notes payable Due 2021 to 2029
Debt Instrument [Line Items]
Aggregate principal amount									$ 280.0
Amount redeemed							$ 98.0
Debt Instrument Issued At Par [Member] \| Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 325.0
Debt Instrument Issued At Par [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 575.0
Debt Instrument Issued At Other Than Par [Member] \| Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 150.0
Issuance price as percent of par			104.00%
Debt Instrument Issued At Other Than Par [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 125.0
Issuance price as percent of par	103.00%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.5%, due 2021
Debt Instrument [Line Items]
Aggregate principal amount				$ 500.0				$ 500.0
Interest rate, as a percent				6.50%	6.50%			6.50%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.75%, due 2023
Debt Instrument [Line Items]
Aggregate principal amount				$ 500.0		$ 500.0
Interest rate, as a percent				6.75%	6.75%	6.75%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 475.0
Interest rate, as a percent			6.75%	6.75%	6.75%
Ferrellgas, L.P. [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 700.0
Interest rate, as a percent	10.00%			10.00%
Ferrellgas, L.P. [Member] \| Debt Instrument Issued At Par [Member] \| Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 325.0
Ferrellgas, L.P. [Member] \| Debt Instrument Issued At Par [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 575.0
Ferrellgas, L.P. [Member] \| Debt Instrument Issued At Other Than Par [Member] \| Fixed rate, 6.75%, due 2022
Debt Instrument [Line Items]
Aggregate principal amount			$ 150.0
Issuance price as percent of par			104.00%
Ferrellgas, L.P. [Member] \| Debt Instrument Issued At Other Than Par [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Aggregate principal amount	$ 125.0
Issuance price as percent of par	103.00%

Debt Maturities (Details) $ in Thousands	Jan. 31, 2021 USD ($)
Debt Instrument [Line Items]
2021	$ 858,000
2022	476,435
2023	500,999
2024	329
2025	700,199
Thereafter	19
Total long-term debt	2,535,981
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
2021	501,000
2022	476,435
2023	500,999
2024	329
2025	700,199
Thereafter	19
Total long-term debt	$ 2,178,981

Debt - Security (Details) - USD ($) $ in Millions	Jan. 31, 2021	Jul. 31, 2020
Debt Instrument [Line Items]
Letters of credit outstanding	$ 138.8	$ 126.0
Cash pledged as collateral for letters of credit	91.5	78.2
Accounts Receivable Securitization Facility [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	50.0	50.0
Letter of Credit [Member]
Debt Instrument [Line Items]
Cash pledged as collateral for letters of credit	91.5	78.2
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	138.8	126.0
Cash pledged as collateral for letters of credit	91.5	78.2
Ferrellgas, L.P. [Member] \| Accounts Receivable Securitization Facility [Member]
Debt Instrument [Line Items]
Letters of credit outstanding	50.0	50.0
Ferrellgas, L.P. [Member] \| Letter of Credit [Member]
Debt Instrument [Line Items]
Cash pledged as collateral for letters of credit	$ 91.5	$ 78.2

Debt - Covenants (Details) $ in Millions	3 Months Ended	6 Months Ended
Debt - Covenants (Details) $ in Millions	Jan. 31, 2021 USD ($)	Jan. 31, 2021 USD ($) item
Debt Instrument [Line Items]
Required fixed charge coverage ratio		175.00%
Current fixed charge coverage ratio		144.00%
Ferrellgas Partners LP [Member]
Debt Instrument [Line Items]
Number of quarters for required fixed charge coverage ratio		4
Required fixed charge coverage ratio		175.00%
Maximum restricted payments \| $		$ 50.0
Number of quarters for restricted payments		16
Dividends allowed \| $	$ 0.0
Ferrellgas Partners LP [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Current fixed charge coverage ratio		175.00%
Ferrellgas, L.P. [Member]
Debt Instrument [Line Items]
Number of quarters for required fixed charge coverage ratio		4
Required fixed charge coverage ratio		175.00%
Current fixed charge coverage ratio		167.00%
Ferrellgas, L.P. [Member] \| Maximum [Member] \| Fixed rate 10.00% Due 2025
Debt Instrument [Line Items]
Senior secured leverage ratio	5.5	5.5
Ferrellgas, L.P. [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Senior secured leverage ratio	5.5	5.5

Partners' Deficit - Limited Partner Units (Details) - shares	Jan. 31, 2021	Jul. 31, 2020
Capital Unit [Line Items]
Common unitholders, units outstanding	97,152,665	97,152,665
Ferrell Companies [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	22,529,361	22,529,361
FCI Trading Corp. [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	195,686	195,686
Ferrell Propane, Inc. [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	51,204	51,204
James E. Ferrell [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	4,763,475	4,763,475
Public Common Unitholders [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	69,612,939	69,612,939

Partners' Deficit - Ownership (Details) - shares	6 Months Ended
Partners' Deficit - Ownership (Details) - shares	Jan. 31, 2021	Jan. 31, 2020	Jul. 31, 2020
Capital Unit [Line Items]
Common unitholders, units outstanding	97,152,665		97,152,665
Ferrell Companies [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	22,529,361		22,529,361
James E. Ferrell [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	4,763,475		4,763,475
Ferrellgas Partners LP [Member] \| Ferrell Companies [Member]
Capital Unit [Line Items]
Limited partner ownership interest	23.40%
Ferrell Companies [Member] \| Ferrellgas Partners LP [Member]
Capital Unit [Line Items]
Limited partner ownership interest	23.00%
FCI Trading Corp. [Member] \| Ferrellgas Partners LP [Member] \| Ferrell Companies [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	195,686
Ferrell Propane, Inc. [Member] \| Ferrellgas Partners LP [Member] \| Ferrell Companies [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	51,204
JEF Capital Management [Member] \| Ferrellgas Partners LP [Member] \| James E. Ferrell [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	4,758,859
Ferrell Resources Holdings, Inc. [Member] \| Ferrellgas Partners LP [Member] \| James E. Ferrell [Member]
Capital Unit [Line Items]
Common unitholders, units outstanding	4,616
Ferrellgas Inc., General Partner [Member] \| Ferrellgas Partners LP [Member]
Capital Unit [Line Items]
General partner ownership interest	1.00%
Ferrellgas Inc., General Partner [Member] \| Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Limited partner ownership interest	1.0101%
General partner ownership interest	1.0101%	1.0101%

Partners' Deficit - Paid Distributions (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Oct. 31, 2019	Jan. 31, 2020
Limited Partners' Capital Account [Line Items]
Distributions paid		$ 157,000	$ 1,000
Common Unitholders [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid	$ 0
Ferrellgas, L.P. [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid		15,553,000	101,000
Ferrellgas, L.P. [Member] \| Ferrellgas Inc., General Partner [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid		157,000		$ 158,000
Ferrellgas, L.P. [Member] \| Ferrellgas Partners LP [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid		15,396,000		$ 15,496,000
Ferrellgas, L.P. [Member] \| Common Unitholders [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid		15,396,000	100,000
Ferrellgas, L.P. [Member] \| General Partner [Member]
Limited Partners' Capital Account [Line Items]
Distributions paid		$ 157,000	$ 1,000

Partners' Deficit - Contributions and AOCI (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2021	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019	Jan. 31, 2021	Jan. 31, 2020
Capital Unit [Line Items]
Contributions in connection with non-cash ESOP compensation charges	$ 762,000	$ 708,000	$ 630,000	$ 795,000
Common Unitholders [Member]
Capital Unit [Line Items]
Contributions in connection with non-cash ESOP compensation charges	746,000	694,000	618,000	779,000
General Partner [Member]
Capital Unit [Line Items]
Non-cash contribution					$ 30,000	$ 28,000
Contributions in connection with non-cash ESOP compensation charges	8,000	7,000	6,000	8,000
Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
Contributions in connection with non-cash ESOP compensation charges	762,000	708,000	630,000	795,000
Ferrellgas, L.P. [Member] \| Common Unitholders [Member]
Capital Unit [Line Items]
Contributions in connection with non-cash ESOP compensation charges	754,000	701,000	624,000	787,000
Ferrellgas, L.P. [Member] \| General Partner [Member]
Capital Unit [Line Items]
Non-cash contribution					$ 0	$ 14,000
Contributions in connection with non-cash ESOP compensation charges	$ 8,000	$ 7,000	$ 6,000	$ 8,000
Ferrellgas Inc., General Partner [Member] \| Ferrellgas, L.P. [Member]
Capital Unit [Line Items]
General partner ownership interest					1.0101%	1.0101%
Ferrellgas Inc., General Partner [Member] \| Ferrellgas Partners LP [Member]
Capital Unit [Line Items]
General partner ownership interest					1.00%

Revenue from contracts with customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020	Jul. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 553,560	$ 510,833	$ 854,454	$ 804,047
Contract assets and liabilities
Accounts receivable	214,288		214,288		$ 108,483
Contract assets	9,647		9,647		7,079
Contract liabilities
Deferred revenue	$ 44,801		44,801		42,911
Deferred revenue recognized			$ 24,700
Maximum [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-02-01
Contract liabilities
Remaining performance obligation recognition period	1 year		1 year
Propane And Related Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 553,560	510,833	$ 854,454	804,047
Retail Sales To End Users [Member]
Disaggregation of Revenue [Line Items]
Revenues	378,350	374,069	552,995	554,486
Wholesale Sales To Resellers [Member]
Disaggregation of Revenue [Line Items]
Revenues	138,730	105,055	241,342	187,759
Other Gas Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	11,354	6,123	15,146	16,387
Other Revenues
Disaggregation of Revenue [Line Items]
Revenues	25,126	25,586	44,971	45,415
Ferrellgas, L.P. [Member]
Disaggregation of Revenue [Line Items]
Revenues	553,560	510,833	854,454	804,047
Contract assets and liabilities
Accounts receivable	214,288		214,288		108,483
Contract assets	9,647		9,647		7,079
Contract liabilities
Deferred revenue	$ 44,801		44,801		$ 42,911
Deferred revenue recognized			$ 24,700
Ferrellgas, L.P. [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-02-01
Contract liabilities
Remaining performance obligation recognition period	1 year		1 year
Ferrellgas, L.P. [Member] \| Propane And Related Equipment [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 553,560	510,833	$ 854,454	804,047
Ferrellgas, L.P. [Member] \| Retail Sales To End Users [Member]
Disaggregation of Revenue [Line Items]
Revenues	378,350	374,069	552,995	554,486
Ferrellgas, L.P. [Member] \| Wholesale Sales To Resellers [Member]
Disaggregation of Revenue [Line Items]
Revenues	138,730	105,055	241,342	187,759
Ferrellgas, L.P. [Member] \| Other Gas Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	11,354	6,123	15,146	16,387
Ferrellgas, L.P. [Member] \| Other Revenues
Disaggregation of Revenue [Line Items]
Revenues	$ 25,126	$ 25,586	$ 44,971	$ 45,415

Fair Value Measurements - Assets and Liabilities (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commodity derivatives propane swap assets	$ 34,433	$ 3,112
Commodity derivatives propane swap liabilities	(313)	(5,425)
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commodity derivatives propane swap assets	34,433	3,112
Commodity derivatives propane swap liabilities	(313)	(5,425)
Ferrellgas, L.P. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commodity derivatives propane swap assets	34,433	3,112
Commodity derivatives propane swap liabilities	(313)	(5,425)
Ferrellgas, L.P. [Member] \| Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Commodity derivatives propane swap assets	34,433	3,112
Commodity derivatives propane swap liabilities	$ (313)	$ (5,425)

Fair Value Measurements - Other Financial Instruments (Details) - Level 2 [Member] - USD ($) $ in Millions	Jan. 31, 2021	Jul. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, fair value	$ 2,409.8	$ 2,177.1
Ferrellgas, L.P. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, fair value	$ 2,236.9	$ 2,054.4

Derivative Instruments and Hedging Activities - Balance Sheet (Details) - USD ($)	6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jul. 31, 2020
Derivatives, Fair Value [Line Items]
Gain (loss) recognized due to ineffectiveness	$ 0	$ 0
Derivative Asset, Fair Value, Gross Asset	34,433,000		$ 3,112,000
Derivative Liability, Fair Value, Gross Liability	313,000		5,425,000
Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap assets	32,270,000		2,846,000
Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap liabilities	209,000		5,029,000
Other Assets, Net [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap assets	2,163,000		266,000
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap liabilities	104,000		396,000
Ferrellgas, L.P. [Member]
Derivatives, Fair Value [Line Items]
Gain (loss) recognized due to ineffectiveness	0	$ 0
Derivative Asset, Fair Value, Gross Asset	34,433,000		3,112,000
Derivative Liability, Fair Value, Gross Liability	313,000		5,425,000
Ferrellgas, L.P. [Member] \| Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap assets	32,270,000		2,846,000
Ferrellgas, L.P. [Member] \| Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap liabilities	209,000		5,029,000
Ferrellgas, L.P. [Member] \| Other Assets, Net [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap assets	2,163,000		266,000
Ferrellgas, L.P. [Member] \| Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Commodity derivatives propane swap liabilities	$ 104,000		$ 396,000

Derivative Instruments and Hedging Activities - Derivative Collateral (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	$ 20,857	$ 15,831
Derivative Liability, Fair Value of Collateral	41,869	510
Prepaid Expenses and Other Current Assets [Member]
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	19,410	14,398
Other Current Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value of Collateral	39,774	510
Other Assets, Net [Member]
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	1,447	1,433
Other Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value of Collateral	2,095
Ferrellgas, L.P. [Member]
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	20,857	15,831
Derivative Liability, Fair Value of Collateral	41,869	510
Ferrellgas, L.P. [Member] \| Prepaid Expenses and Other Current Assets [Member]
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	19,410	14,398
Ferrellgas, L.P. [Member] \| Other Current Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value of Collateral	39,774	510
Ferrellgas, L.P. [Member] \| Other Assets, Net [Member]
Derivative [Line Items]
Derivative Asset, Fair Value of Collateral	1,447	$ 1,433
Ferrellgas, L.P. [Member] \| Other Liabilities [Member]
Derivative [Line Items]
Derivative Liability, Fair Value of Collateral	$ 2,095

Derivative Instruments and Hedging Activities - Effect on Earnings (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Derivative [Line Items]
Interest expense	$ (52,595)	$ (47,548)	$ (106,821)	$ (93,245)
Ferrellgas, L.P. [Member]
Derivative [Line Items]
Interest expense	$ (46,522)	$ (38,690)	$ (93,050)	$ (75,567)

Derivative Instruments and Hedging Activities - Effect on Comprehensive Income and Change in FV (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Derivative [Line Items]
Amount of gain (loss) recognized in AOCI on derivative	$ 36,957	$ (11,212)	$ 42,724	$ (24,839)
Amount of gain (loss) reclassified from AOCI into income	8,441	(8,766)	6,291	(16,245)
Commodity Derivatives Propane [Member]
Derivative [Line Items]
Amount of gain (loss) recognized in AOCI on derivative	36,957	(11,212)	42,724	(24,839)
Cost of Sales [Member] \| Commodity Derivatives Propane [Member]
Derivative [Line Items]
Amount of gain (loss) reclassified from AOCI into income	8,441	(8,766)	6,291	(16,245)
Ferrellgas, L.P. [Member]
Derivative [Line Items]
Amount of gain (loss) recognized in AOCI on derivative	36,957	(11,212)	42,724
Amount of gain (loss) reclassified from AOCI into income	8,441	(8,766)	6,291
Ferrellgas, L.P. [Member] \| Commodity Derivatives Propane [Member]
Derivative [Line Items]
Amount of gain (loss) recognized in AOCI on derivative	36,957	(11,212)	42,724	(24,839)
Amount of gain (loss) reclassified from AOCI into income				(16,245)
Ferrellgas, L.P. [Member] \| Cost of Sales [Member] \| Commodity Derivatives Propane [Member]
Derivative [Line Items]
Amount of gain (loss) reclassified from AOCI into income	$ 8,441	$ (8,766)	$ 6,291	$ (16,245)

Derivative Instruments and Hedging Activities - AOCI Rollforward (Details) gal in Millions	3 Months Ended		6 Months Ended
	Jan. 31, 2021 USD ($)	Jan. 31, 2020 USD ($)	Jan. 31, 2021 USD ($) gal	Jan. 31, 2020 USD ($)
Derivative [Line Items]
Partners' capital balance, beginning	$ (1,246,096,000)	$ (1,191,384,000)	$ (1,208,268,000)	$ (1,138,938,000)
Change in value of derivative	36,957,000	(11,212,000)	42,724,000	(24,839,000)
Reclassification of (gains) losses on derivatives to earnings, net	(8,441,000)	8,766,000	(6,291,000)	16,245,000
Partners' capital balance, ending	(1,152,827,000)	(1,144,675,000)	(1,152,827,000)	(1,144,675,000)
Reclassification of net gain to earnings during next 12 months			32,100,000
Gain (loss) on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring, net			$ 0	0
Number of barrels of propane covered by cash flow hedges \| gal			3.8
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member]
Derivative [Line Items]
Partners' capital balance, beginning			$ (2,313,000)	(14,756,000)
Change in value of derivative			42,724,000	(24,839,000)
Reclassification of (gains) losses on derivatives to earnings, net			(6,291,000)	16,245,000
Partners' capital balance, ending	34,120,000	(23,350,000)	34,120,000	(23,350,000)
Ferrellgas, L.P. [Member]
Derivative [Line Items]
Partners' capital balance, beginning	(862,117,000)	(824,130,000)	(831,991,000)	(780,403,000)
Change in value of derivative	36,957,000	(11,212,000)	42,724,000	(24,839,000)
Reclassification of (gains) losses on derivatives to earnings, net	(8,441,000)	8,766,000	(6,291,000)	16,245,000
Partners' capital balance, ending	(761,089,000)	(783,852,000)	(761,089,000)	(783,852,000)
Reclassification of net gain to earnings during next 12 months			32,100,000
Gain (loss) on discontinuation of cash flow hedge due to forecasted transaction probable of not occurring, net			$ 0	0
Number of barrels of propane covered by cash flow hedges \| gal			3.8
Ferrellgas, L.P. [Member] \| Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member]
Derivative [Line Items]
Partners' capital balance, beginning			$ (2,313,000)	(14,756,000)
Change in value of derivative			42,724,000	(24,839,000)
Reclassification of (gains) losses on derivatives to earnings, net			(6,291,000)	16,245,000
Partners' capital balance, ending	$ 34,120,000	$ (23,350,000)	$ 34,120,000	$ (23,350,000)

Derivative Instruments and Hedging Activities - Credit Risk (Details)	Jan. 31, 2021 USD ($)
Derivative [Line Items]
Maximum loss due to credit risk	$ 0
Open derivative contracts with credit risk features	0
Ferrellgas, L.P. [Member]
Derivative [Line Items]
Maximum loss due to credit risk	0
Open derivative contracts with credit risk features	$ 0

Transactions With Related Parties (Details) $ in Thousands	3 Months Ended		6 Months Ended
Transactions With Related Parties (Details) $ in Thousands	Jan. 31, 2021 USD ($) employee	Jan. 31, 2020 USD ($)	Jan. 31, 2021 USD ($) employee	Jan. 31, 2020 USD ($)	Jan. 28, 2021 USD ($)
Related Party Transaction [Line Items]
Entity Number of Employees \| employee	0		0
Ferrellgas Inc., General Partner [Member] \| Operating Expense [Member]
Related Party Transaction [Line Items]
Expenses reimbursed to related party	$ 70,655	$ 73,084	$ 131,635	$ 136,555
Ferrellgas Inc., General Partner [Member] \| General and Administrative Expense [Member]
Related Party Transaction [Line Items]
Expenses reimbursed to related party	$ 10,375	7,476	$ 17,094	13,963
Ferrellgas, L.P. [Member]
Related Party Transaction [Line Items]
Entity Number of Employees \| employee	0		0
Ferrellgas, L.P. [Member] \| Ferrellgas Inc., General Partner [Member] \| Operating Expense [Member]
Related Party Transaction [Line Items]
Expenses reimbursed to related party	$ 70,655	73,084	$ 131,635	136,555
Ferrellgas, L.P. [Member] \| Ferrellgas Inc., General Partner [Member] \| General and Administrative Expense [Member]
Related Party Transaction [Line Items]
Expenses reimbursed to related party	$ 10,375	$ 7,476	17,094	$ 13,963
Ferrellgas, L.P. [Member] \| Ferrellgas Partners LP [Member]
Related Party Transaction [Line Items]
Term loan					$ 19,900
Interest rate, as a percent					20.00%
Interest income			$ 300
Ferrellgas Finance Corp. [Member]
Related Party Transaction [Line Items]
Entity Number of Employees \| employee	0		0
Ferrellgas Partners Finance Corp. [Member]
Related Party Transaction [Line Items]
Entity Number of Employees \| employee	0		0

Contingencies And Commitments (Details)	1 Months Ended	6 Months Ended
Contingencies And Commitments (Details)	Aug. 31, 2019 USD ($) item	Jan. 31, 2021 USD ($) item
Class Action Related To Cylinder Fill Level [Member]
Loss Contingencies [Line Items]
Settlement paid \| $	$ 6,250,000
Number of claims dismissed \| item	11
Number of cases \| item	24	13
Lawsuit Related To Sale Of Jamex Transfer Services [Member]
Loss Contingencies [Line Items]
Number of former officers \| item		2
Ferrellgas Partners Finance Corp. [Member] \| Fixed rate, 8.625%, due 2020
Loss Contingencies [Line Items]
Potential liability as co-issuer and co-obligor \| $		$ 357,000,000
Ferrellgas Partners Finance Corp. [Member] \| Fixed rate, 6.5%, due 2021
Loss Contingencies [Line Items]
Potential liability as co-issuer and co-obligor \| $		500,000,000
Ferrellgas Partners Finance Corp. [Member] \| Fixed rate, 6.75%, due 2023
Loss Contingencies [Line Items]
Potential liability as co-issuer and co-obligor \| $		500,000,000
Ferrellgas Partners Finance Corp. [Member] \| Fixed rate, 6.75%, due 2022
Loss Contingencies [Line Items]
Potential liability as co-issuer and co-obligor \| $		$ 475,000,000
Ferrellgas, L.P. [Member] \| Class Action Related To Cylinder Fill Level [Member]
Loss Contingencies [Line Items]
Settlement paid \| $	$ 6,250,000
Number of claims dismissed \| item	11
Number of cases \| item	24	13
Ferrellgas, L.P. [Member] \| Lawsuit Related To Sale Of Jamex Transfer Services [Member]
Loss Contingencies [Line Items]
Number of former officers \| item		2

Net Earnings (Loss) Per Common Unitholders' Interest (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2021	Jan. 31, 2020
Earnings Per Share [Abstract]
Common unitholders' interest in net earnings (loss)	$ 62,634	$ 47,725	$ 17,033	$ 2,834
Weighted average common units outstanding, basic and diluted	97,152,700	97,152,700	97,152,700	97,152,700
Basic and diluted net earnings (loss) per common unit	$ 0.64	$ 0.49	$ 0.18	$ 0.03

Guarantor financial information (Details) - USD ($) $ in Millions	Jan. 31, 2021	Jul. 31, 2020	Jun. 30, 2015
Fixed rate, 6.75%, due 2023
Condensed Financial Statements, Captions [Line Items]
Aggregate principal amount			$ 500.0
Interest rate, as a percent	6.75%	6.75%	6.75%
Ferrellgas, L.P. [Member] \| Ferrellgas Finance Corp. [Member]
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	100.00%
Ferrellgas, L.P. [Member] \| Fixed rate, 6.75%, due 2023
Condensed Financial Statements, Captions [Line Items]
Aggregate principal amount	$ 500.0		$ 500.0
Interest rate, as a percent	6.75%	6.75%	6.75%

Guarantor financial information - Balance Sheets (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020	Jan. 31, 2020	Jul. 31, 2019
Current assets:
Cash and cash equivalents	$ 326,483	$ 333,761	$ 13,706	$ 11,054
Accounts and notes receivable, net	206,280	101,438
Inventories	90,473	72,664
Prepaid expenses and other current assets	72,914	35,944
Total current assets	696,150	543,807
Property, plant and equipment, net	587,870	591,042
Goodwill, net	246,946	247,195
Intangible assets, net	99,644	104,049
Operating lease, right-of-use assets	97,249	107,349
Other assets, net	91,159	74,748
Total assets	1,819,018	1,668,190
Current liabilities:
Accounts payable	79,224	33,944
Current portion of long-term debt	501,865	859,095
Current operating lease liabilities	27,895	29,345
Other current liabilities	191,908	167,466
Total current liabilities	800,892	1,089,850
Long-term debt	1,650,410	1,646,396
Operating lease liabilities	80,901	89,022
Other liabilities	49,541	51,190
Partners' capital (deficit)
Accumulated other comprehensive income (loss)	33,762	(2,303)
Total Ferrellgas Partners, L.P. partners' deficit	(1,145,317)	(1,200,042)
Total liabilities and partners' capital (deficit)	1,819,018	1,668,190
Ferrellgas, L.P. [Member]
Current assets:
Cash and cash equivalents	306,577	333,755	13,643	11,046
Accounts and notes receivable, net	206,280	101,438
Inventories	90,473	72,664
Prepaid expenses and other current assets	73,106	35,897
Total current assets	676,436	543,754
Property, plant and equipment, net	587,870	591,042
Goodwill, net	246,946	247,195
Intangible assets, net	99,644	104,049
Operating lease, right-of-use assets	97,249	107,349
Loan receivable - Ferrellgas Partners, L.P.	20,151
Other assets, net	91,159	74,748
Total assets	1,819,455	1,668,137
Current liabilities:
Accounts payable	79,224	33,944
Current portion of long-term debt	501,865	502,095
Current operating lease liabilities	27,895	29,345
Other current liabilities	190,708	148,136
Total current liabilities	799,692	713,520
Long-term debt	1,650,410	1,646,396
Operating lease liabilities	80,901	89,022
Other liabilities	49,541	51,190
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	(795,209)	(829,678)
Accumulated other comprehensive income (loss)	34,120	(2,313)
Total Ferrellgas Partners, L.P. partners' deficit	(761,089)	(831,991)
Total liabilities and partners' capital (deficit)	1,819,455	1,668,137
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Parent Company [Member]
Current assets:
Cash and cash equivalents	300,436	332,244	13,642	11,045
Accounts and notes receivable, net	5,837	11,879
Intercompany Receivables, Current	169,668	69,980
Inventories	90,473	72,664
Prepaid expenses and other current assets	73,106	35,897
Total current assets	639,520	522,664
Property, plant and equipment, net	587,870	591,042
Goodwill, net	246,946	247,195
Intangible assets, net	99,644	104,049
Investment in Ferrellgas, L.P.	39,143	37,662
Operating lease, right-of-use assets	97,249	107,349
Loan receivable - Ferrellgas Partners, L.P.	20,151
Other assets, net	88,784	72,137
Total assets	1,819,307	1,682,098
Current liabilities:
Accounts payable	79,224	33,944
Current portion of long-term debt	501,865	502,095
Current operating lease liabilities	27,895	29,345
Other current liabilities	190,560	162,097
Total current liabilities	799,544	727,481
Long-term debt	1,650,410	1,646,396
Operating lease liabilities	80,901	89,022
Other liabilities	49,541	51,190
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	(795,209)	(829,678)
Accumulated other comprehensive income (loss)	34,120	(2,313)
Total Ferrellgas Partners, L.P. partners' deficit	(761,089)	(831,991)
Total liabilities and partners' capital (deficit)	1,819,307	1,682,098
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Subsidiary Issuer [Member]
Current assets:
Cash and cash equivalents	1	1	$ 1	$ 1
Total current assets	1	1
Total assets	1	1
Current liabilities:
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	1	1
Total Ferrellgas Partners, L.P. partners' deficit	1	1
Total liabilities and partners' capital (deficit)	1	1
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Guarantor Subsidiaries [Member]
Current assets:
Accounts and notes receivable, net		24
Total current assets		24
Other assets, net	2,255	2,255
Total assets	2,255	2,279
Current liabilities:
Other current liabilities	(3)
Total current liabilities	(3)
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	2,258	2,279
Total Ferrellgas Partners, L.P. partners' deficit	2,258	2,279
Total liabilities and partners' capital (deficit)	2,255	2,279
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	6,140	1,510
Accounts and notes receivable, net	200,443	89,535
Total current assets	206,583	91,045
Other assets, net	120	356
Total assets	206,703	91,401
Current liabilities:
Intercompany Payables	169,668	69,980
Other current liabilities	151	(13,961)
Total current liabilities	169,819	56,019
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	36,884	35,382
Total Ferrellgas Partners, L.P. partners' deficit	36,884	35,382
Total liabilities and partners' capital (deficit)	206,703	91,401
Ferrellgas, L.P. [Member] \| Eliminations [Member]
Current assets:
Intercompany Receivables, Current	(169,668)	(69,980)
Total current assets	(169,668)	(69,980)
Investment in Ferrellgas, L.P.	(39,143)	(37,662)
Total assets	(208,811)	(107,642)
Current liabilities:
Intercompany Payables	(169,668)	(69,980)
Total current liabilities	(169,668)	(69,980)
Contingencies and commitments
Partners' capital (deficit)
Partners' equity	(39,143)	(37,662)
Total Ferrellgas Partners, L.P. partners' deficit	(39,143)	(37,662)
Total liabilities and partners' capital (deficit)	$ (208,811)	$ (107,642)

Guarantor financial information - Statements of Earnings (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jan. 31, 2021	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019	Jan. 31, 2021	Jan. 31, 2020
Revenues:
Revenues	$ 553,560		$ 510,833		$ 854,454	$ 804,047
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	115,247		128,233		224,274	242,776
Operating expense - equipment lease expense	6,862		8,261		13,692	16,649
Depreciation and amortization expense	21,249		19,795		42,639	39,014
General and administrative expense	20,475		14,192		33,555	23,887
Non-cash employee stock ownership plan compensation charge	762		630		1,470	1,425
Loss on asset sales and disposals	80		2,148		893	4,383
Operating income	114,604		96,378		122,356	97,008
Interest expense	(52,595)		(47,548)		(106,821)	(93,245)
Other income (expense), net	3,508		76		3,616	(56)
Earnings (loss) before income taxes	64,317		48,906		17,951	3,707
Income tax expense (benefit)	326		115		413	633
Net earnings (loss)	63,991	$ (46,453)	48,791	$ (45,717)	17,538	3,074
Other comprehensive income (loss)	28,516	7,917	(2,555)	(6,148)	36,433	(8,703)
Comprehensive loss	92,507		46,236		53,971	(5,629)
Propane [Member]
Revenues:
Revenues	528,434		485,247		809,483	758,632
Costs and expenses:
Cost of sales	270,777		237,843		408,404	371,871
Other Revenues
Revenues:
Revenues	25,126		25,586		44,971	45,415
Costs and expenses:
Cost of sales	3,504		3,353		7,171	7,034
Ferrellgas, L.P. [Member]
Revenues:
Revenues	553,560		510,833		854,454	804,047
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	115,247		128,233		224,274	242,776
Operating expense - equipment lease expense	6,862		8,261		13,692	16,649
Depreciation and amortization expense	21,249		19,795		42,639	39,014
General and administrative expense	20,254		14,085		33,330	23,781
Non-cash employee stock ownership plan compensation charge	762		630		1,470	1,425
Loss on asset sales and disposals	80		2,148		893	4,383
Operating income	114,825		96,485		122,581	97,114
Interest expense	(46,522)		(38,690)		(93,050)	(75,567)
Other income (expense), net	3,759		76		3,867	(56)
Earnings (loss) before income taxes	72,062		57,871		33,398	21,491
Income tax expense (benefit)	312		115		399	633
Net earnings (loss)	71,750	(38,751)	57,756	(36,898)	32,999	20,858
Other comprehensive income (loss)	28,516	$ 7,917	(2,555)	$ (6,148)	36,433	(8,703)
Comprehensive loss	100,266		55,201		69,432	12,155
Ferrellgas, L.P. [Member] \| Propane [Member]
Revenues:
Revenues	528,434		485,247		809,483	758,632
Costs and expenses:
Cost of sales	270,777		237,843		408,404	371,871
Ferrellgas, L.P. [Member] \| Other Revenues
Revenues:
Revenues	25,126		25,586		44,971	45,415
Costs and expenses:
Cost of sales	3,504		3,353		7,171	7,034
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Parent Company [Member]
Revenues:
Revenues	553,560		510,833		854,454	804,047
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	115,247		128,233		224,274	242,776
Operating expense - equipment lease expense	6,862		8,261		13,692	16,649
Depreciation and amortization expense	21,249		19,684		42,639	38,791
General and administrative expense	20,254		14,082		33,328	23,777
Non-cash employee stock ownership plan compensation charge	762		630		1,470	1,425
Loss on asset sales and disposals	80		2,148		893	4,383
Operating income	114,825		96,599		122,583	97,341
Interest expense	(45,958)		(37,778)		(91,859)	(73,469)
Other income (expense), net	3,774		76		3,903	(56)
Earnings (loss) before income taxes	72,641		58,897		34,627	23,816
Income tax expense (benefit)	312		115		399	633
Equity in earnings (loss) of Ferrellgas, L.P.	(1,402)		(194)		(1,110)	(1,658)
Net earnings (loss)	70,927		58,588		33,118	21,525
Other comprehensive income (loss)	28,516		(2,555)		36,433	(8,703)
Comprehensive loss	99,443		56,033		69,551	12,822
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Parent Company [Member] \| Propane [Member]
Revenues:
Revenues	528,434		485,247		809,483	758,632
Costs and expenses:
Cost of sales	270,777		237,843		408,404	371,871
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Parent Company [Member] \| Other Revenues
Revenues:
Revenues	25,126		25,586		44,971	45,415
Costs and expenses:
Cost of sales	3,504		3,353		7,171	7,034
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Subsidiary Issuer [Member]
Costs and expenses:
General and administrative expense			3		2	4
Operating income			(3)		(2)	(4)
Earnings (loss) before income taxes			(3)		(2)	(4)
Net earnings (loss)			(3)		(2)	(4)
Comprehensive loss			(3)		(2)	(4)
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Guarantor Subsidiaries [Member]
Costs and expenses:
Other income (expense), net	(15)				(36)
Earnings (loss) before income taxes	(15)				(36)
Net earnings (loss)	(15)				(36)
Comprehensive loss	(15)				(36)
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Non-Guarantor Subsidiaries [Member]
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	2,437		1,050		3,174	1,935
Depreciation and amortization expense			111			223
Operating income	(2,437)		(1,161)		(3,174)	(2,158)
Interest expense	(564)		(912)		(1,191)	(2,098)
Other income (expense), net	1,614		1,882		3,293	2,602
Earnings (loss) before income taxes	(1,387)		(191)		(1,072)	(1,654)
Net earnings (loss)	(1,387)		(191)		(1,072)	(1,654)
Comprehensive loss	(1,387)		(191)		(1,072)	(1,654)
Ferrellgas, L.P. [Member] \| Eliminations [Member]
Costs and expenses:
Operating expense - personnel, vehicle, plant and other	(2,437)		(1,050)		(3,174)	(1,935)
Operating income	2,437		1,050		3,174	1,935
Other income (expense), net	(1,614)		(1,882)		(3,293)	(2,602)
Earnings (loss) before income taxes	823		(832)		(119)	(667)
Equity in earnings (loss) of Ferrellgas, L.P.	1,402		194		1,110	1,658
Net earnings (loss)	2,225		(638)		991	991
Comprehensive loss	$ 2,225		$ (638)		$ 991	$ 991

Guarantor financial information - Statements of Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Jul. 31, 2020	Jul. 31, 2019
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 44,451	$ 568
Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400)
Capital expenditures	(35,333)	(33,422)
Proceeds from sale of assets	3,144	1,659
Cash payments to construct assets in connection with future lease transactions		(30,307)
Cash receipts in connection with leased vehicles		19,929
Net cash provided by (used in) investing activities	(32,189)	(48,541)
Cash flows from financing activities:
Cash paid for financing costs	(14,960)	(3,925)
Payments on long-term debt	(1,120)	(972)
Net additions to (reductions in) short-term borrowings		(3,000)
Net additions to (reductions in) collateralized short-term borrowings		59,000
Cash payments for principal portion of lease liability	(3,460)	(320)
Cash paid for financing costs	(14,960)	(3,925)
Net cash provided by (used in) financing activities	(19,540)	50,625
Increase (decrease) in cash and cash equivalents	(7,278)	2,652
Cash and cash equivalents	326,483	13,706	$ 333,761	$ 11,054
Ferrellgas, L.P. [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	44,451	16,000
Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400)
Capital expenditures	(35,333)	(33,422)
Proceeds from sale of assets	3,144	1,659
Cash payments to construct assets in connection with future lease transactions		(30,307)
Cash receipts in connection with leased vehicles		19,929
Loan to Ferrellgas Partners, L.P.	(19,900)
Net cash provided by (used in) investing activities	(52,089)	(48,541)
Cash flows from financing activities:
Distributions		(15,654)
Cash paid for financing costs	(14,960)	(3,916)
Payments on long-term debt	(1,120)	(972)
Net additions to (reductions in) short-term borrowings		(3,000)
Net additions to (reductions in) collateralized short-term borrowings		59,000
Cash payments for principal portion of lease liability	(3,460)	(320)
Cash paid for financing costs	(14,960)	(3,916)
Cash paid for financing costs and other		(4,236)
Net cash provided by (used in) financing activities	(19,540)	35,138
Increase (decrease) in cash and cash equivalents	(27,178)	2,597
Cash and cash equivalents	306,577	13,643	333,755	11,046
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Parent Company [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	44,691	80,433
Cash flows from investing activities:
Business acquisitions, net of cash acquired		(6,400)
Capital expenditures	(35,333)	(33,422)
Proceeds from sale of assets	3,144	1,659
Cash payments to construct assets in connection with future lease transactions		(30,307)
Cash receipts in connection with leased vehicles		19,929
Intercompany loan to affiliate	(4,870)
Loan to Ferrellgas Partners, L.P.	(19,900)	(5,433)
Net cash provided by (used in) investing activities	(56,959)	(53,974)
Cash flows from financing activities:
Distributions		(15,654)
Cash paid for financing costs	(14,960)
Payments on long-term debt	(1,120)	(972)
Net additions to (reductions in) short-term borrowings		(3,000)
Cash payments for principal portion of lease liability	(3,460)
Cash paid for financing costs	(14,960)
Cash paid for financing costs and other		(4,236)
Net cash provided by (used in) financing activities	(19,540)	(23,862)
Increase (decrease) in cash and cash equivalents	(31,808)	2,597
Cash and cash equivalents	300,436	13,642	332,244	11,045
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Subsidiary Issuer [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(6)	(4)
Cash flows from financing activities:
Net changes in advances with consolidated entities	6	4
Net cash provided by (used in) financing activities	6	4
Cash and cash equivalents	1	1	1	$ 1
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(9)	512
Cash flows from financing activities:
Net changes in advances with consolidated entities	9	(512)
Net cash provided by (used in) financing activities	9	(512)
Ferrellgas, L.P. [Member] \| Reportable Legal Entities [Member] \| Non-Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(4,856)	(5,941)
Cash flows from investing activities:
Cash collected from securitization of accounts receivable	422,498	416,325
Cash remitted for accounts receivable	(417,867)	(475,325)
Net cash provided by (used in) investing activities	4,631	(59,000)
Cash flows from financing activities:
Net additions to (reductions in) collateralized short-term borrowings		59,000
Net changes in advances with consolidated entities	4,855	5,941
Net cash provided by (used in) financing activities	4,855	64,941
Increase (decrease) in cash and cash equivalents	4,630
Cash and cash equivalents	6,140		$ 1,510
Ferrellgas, L.P. [Member] \| Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	4,631	(59,000)
Cash flows from investing activities:
Cash collected from securitization of accounts receivable	(422,498)	(416,325)
Cash remitted for accounts receivable	417,867	475,325
Intercompany loan to affiliate	4,870
Loan to Ferrellgas Partners, L.P.		5,433
Net cash provided by (used in) investing activities	239	64,433
Cash flows from financing activities:
Net changes in advances with consolidated entities	(4,870)	(5,433)
Net cash provided by (used in) financing activities	$ (4,870)	$ (5,433)

Condensed parent only debtor in possession financial information - Balance Sheet (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Jul. 31, 2020	Jan. 31, 2020	Jul. 31, 2019
ASSETS
Cash and cash equivalents	$ 326,483	$ 333,761	$ 13,706	$ 11,054
Prepaid expenses and other current assets	72,914	35,944
Total assets	1,819,018	1,668,190
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Other current liabilities	191,908	167,466
Total liabilities not subject to compromise	2,581,744	2,876,458
Liabilities subject to compromise	390,101
Liabilities, Total	2,971,845	2,876,458
Partners' capital (deficit)
Partners' capital (deficit)	(1,145,317)	(1,200,042)
Total liabilities and partners' capital (deficit)	1,819,018	1,668,190
Debtor In Possession [Member]
ASSETS
Cash and cash equivalents	19,906	$ 6
Prepaid expenses and other current assets	269
Total assets	20,175
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)
Other current liabilities	1,661
Loan payable to Ferrellgas, L.P.	19,900
Accrued interest payable	251
Total liabilities not subject to compromise	21,812
Liabilities subject to compromise	390,101
Liabilities, Total	411,913
Investment in Ferrellgas, L.P.	753,579
Partners' capital (deficit)
Partners' capital (deficit)	(1,145,317)
Total liabilities and partners' capital (deficit)	$ 20,175

Condensed parent only debtor in possession financial information - Income Statements (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jan. 31, 2021	Oct. 31, 2020	Jan. 31, 2020	Oct. 31, 2019	Jan. 31, 2021	Jan. 31, 2020
Condensed Income Statements, Captions [Line Items]
General and administrative expense	$ 20,475		$ 14,192		$ 33,555	$ 23,887
Interest expense	52,595		47,548		106,821	93,245
Reorganization expense - professional fees	1,200				1,200
Total expenses	(114,604)		(96,378)		(122,356)	(97,008)
Loss before income taxes and equity in earnings of non-debtor entities	64,317		48,906		17,951	3,707
Income tax expense (benefit)	326		115		413	633
Net earnings (loss)	63,991	$ (46,453)	48,791	$ (45,717)	17,538	3,074
Net earnings (loss) attributable to noncontrolling interest	724		584		333	211
Net earnings (loss)	63,267		48,207		17,205	2,863
Other comprehensive income (loss)	28,516	$ 7,917	(2,555)	$ (6,148)	36,433	(8,703)
Comprehensive income (loss) attributable to Ferrellgas Partners, LP	92,219		$ 45,679		53,603	$ (5,751)
Debtor In Possession [Member]
Condensed Income Statements, Captions [Line Items]
General and administrative expense	221				225
Interest expense	6,324				14,022
Reorganization expense - professional fees	1,200				1,200
Total expenses	7,745				15,447
Loss before income taxes and equity in earnings of non-debtor entities	(7,745)				(15,447)
Income tax expense (benefit)	14				14
Equity in earnings (loss) of Ferrellgas, L.P.	71,750				32,999
Net earnings (loss)	63,991				17,538
Net earnings (loss) attributable to noncontrolling interest	724				333
Net earnings (loss)	63,267				17,205
Comprehensive income (loss) attributable to Ferrellgas Partners, LP	$ 63,267				$ 17,205

Condensed parent only debtor in possession financial information - Cash flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jan. 31, 2021	Jan. 31, 2020
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$ 44,451	$ 568
Cash flows from investing activities:
Net cash used in investing activities	(32,189)	(48,541)
Cash flows from financing activities:
Net cash provided by (used in) financing activities	(19,540)	50,625
Increase (decrease) in cash and cash equivalents	(7,278)	2,652
Cash and cash equivalents - beginning of year	333,761	11,054
Cash, cash equivalents and restricted cash - end of year	326,483	$ 13,706
Debtor In Possession [Member]
Cash flows from financing activities:
Proceeds from loan from Ferrellgas, L.P.	19,900
Net cash provided by (used in) financing activities	19,900
Increase (decrease) in cash and cash equivalents	19,900
Cash and cash equivalents - beginning of year	6
Cash, cash equivalents and restricted cash - end of year	$ 19,906

Subsequent Events (Details) - Fixed rate, 8.625%, due 2020 - USD ($) $ in Millions	Jan. 31, 2021	Jul. 31, 2020	Jan. 31, 2017
Subsequent Event [Line Items]
Debt Instrument, Face Amount			$ 175.0
Debt Instrument, Interest Rate, Stated Percentage	8.625%	8.625%	8.625%