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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Operating Activities      
Net Income $ 661.5 $ 1,317.6 $ 993.1
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest 22.5 32.6 (5.7)
Net Income Attributable to Noncontrolling Interests of Discontinued Operations 7.9 7.1 7.1
Net Income Attributable to Air Products 631.1 1,277.9 991.7
(Income) loss from discontinued operations 468.4 (344.6) (295.0)
Income from continuing operations attributable to Air Products 1,099.5 933.3 696.7
Adjustments to reconcile income to cash provided by operating activities:      
Depreciation and amortization 854.6 858.5 875.6
Deferred income taxes 61.8 9.4 124.4
Loss on extinguishment of debt 6.9 [1] 16.6 [1] 0.0
Gain on previously held equity interest 0.0 (17.9) [2] 0.0
Undistributed earnings of unconsolidated affiliates (51.1) (101.8) (74.9)
(Gain) Loss on sale of assets and investments (7.3) (29.7) 4.5
Share-based compensation 31.0 39.5 38.0
Noncurrent capital lease receivables 85.5 (10.1) 20.3
Goodwill and intangible asset impairment charge 0.0 0.0 310.1
Write-down of long-lived assets associated with restructuring 0.0 40.2 0.0
Other adjustments 156.7 53.0 59.4
Working capital changes that provided (used) cash, excluding effects of acquisitions and divestitures:      
Trade receivables (44.8) (40.7) 27.7
Inventories 32.2 38.0 (31.9)
Contracts in progress, less progress billings 28.2 16.9 12.7
Other receivables (6.7) 48.9 (35.6)
Payables and accrued liabilities 60.1 134.9 (236.6)
Other working capital (47.8) 58.0 71.2
Cash Provided by Operating Activities 2,258.8 2,047.0 1,861.6
Investing Activities      
Additions to plant and equipment (907.7) (1,162.4) (1,299.3)
Acquisitions, less cash acquired 0.0 (34.5) 0.0
Investment in and advances to unconsolidated affiliates 0.0 (4.3) 2.0
Proceeds from sale of assets and investments 44.6 55.3 42.1
Other investing activities (1.7) (0.8) (1.6)
Cash Used for Investing Activities (864.8) (1,146.7) (1,256.8)
Financing Activities      
Long-term debt proceeds 386.9 340.3 463.4
Payments on long-term debt (480.4) (699.4) (602.2)
Net increase (decrease) in commercial paper and short-term borrowings (144.2) 285.2 147.3
Dividends paid to shareholders (721.2) (677.5) (627.7)
Proceeds from stock option exercises 141.3 121.3 141.6
Payment for subsidiary shares to noncontrolling interests 0.0 (278.4) (0.5)
Other financing activities (42.6) (51.9) (45.6)
Cash Provided By (Used for) Financing Activities (860.2) (960.4) (523.7)
Discontinued Operations      
Cash provided by (used for) operating activities 401.9 422.7 353.8
Cash provided by (used for) investing activities (204.2) (453.0) (371.4)
Cash provided by (used for) financing activities 555.9 (16.9) (166.0)
Cash Provided by (Used for) Discontinued Operations 753.6 (47.2) (183.6)
Effect of Exchange Rate Changes on Cash 7.5 (22.9) (11.3)
Increase (Decrease) in Cash and Cash Items 1,294.9 (130.2) (113.8)
Cash and Cash Items - Beginning of Year 206.4 336.6 450.4
Cash and Cash Items - End of Period 1,501.3 206.4 336.6
Less: Cash and Cash Items - Discontinued Operations 208.1 23.3 51.2
Cash and Cash Items - Continuing Operations $ 1,293.2 $ 183.1 $ 285.4
[1] For additional information, see Note 15, Debt.
[2] For additional information, see Note 6, Business Combination.