The following is a summary of the changes in total equity:



	Three Months Ended 31 March
	2017									2016
	Air Products			Non- controlling Interests			Total Equity			Air Products			Non- controlling Interests			Total Equity
Balance at 31 December	$	7,161.5		$	99.6		$	7,261.1		$	7,367.1		$	131.9		$	7,499.0
Net income (loss)	2,130.0			5.7			2,135.7			(473.3		)	7.8			(465.5		)
Other comprehensive income	218.0			5.0			223.0			161.9			2.8			164.7
Dividends on common stock (per share $0.95, $0.86)	(206.9		)	—			(206.9		)	(185.8		)	—			(185.8		)
Dividends to noncontrolling interests	—			(7.5		)	(7.5		)	—			(6.3		)	(6.3		)
Share-based compensation	9.5			—			9.5			8.1			—			8.1
Treasury shares for stock option and award plans	7.9			—			7.9			32.8			—			32.8
Tax benefit of stock option and award plans	—			—			—			4.8			—			4.8
Other equity transactions	(2.6		)	—			(2.6		)	1.0			.3			1.3
Balance at 31 March	$	9,317.4		$	102.8		$	9,420.2		$	6,916.6		$	136.5		$	7,053.1




	Six Months Ended 31 March
	2017									2016
	Air Products			Non- controlling Interests			Total Equity			Air Products			Non- controlling Interests			Total Equity
Balance at 30 September	$	7,079.6		$	133.8		$	7,213.4		$	7,249.0		$	132.1		$	7,381.1
Net income (loss)	2,429.8			12.3			2,442.1			(109.7		)	16.2			(93.5		)
Other comprehensive income (loss)	(16.9		)	1.9			(15.0		)	79.2			2.8			82.0
Dividends on common stock (per share $1.81, $1.67)	(394.0		)	—			(394.0		)	(360.5		)	—			(360.5		)
Dividends to noncontrolling interests	—			(11.7		)	(11.7		)	—			(14.8		)	(14.8		)
Share-based compensation	18.5			—			18.5			16.4			—			16.4
Treasury shares for stock option and award plans	7.6			—			7.6			30.8			—			30.8
Tax benefit of stock option and award plans	—			—			—			9.7			—			9.7
Spin-off of Versum	186.5			(33.9		)	152.6			—			—			—
Cumulative change in accounting principle (Note 2)	8.8			—			8.8			—			—			—
Other equity transactions	(2.5		)	.4			(2.1		)	1.7			.2			1.9
Balance at 31 March	$	9,317.4		$	102.8		$	9,420.2		$	6,916.6		$	136.5		$	7,053.1