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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating Activities    
Net Income $ 161.7 $ 306.4
Less: Net income attributable to noncontrolling interests of continuing operations 7.1 6.6
Net income attributable to Air Products 154.6 299.8
(Income) Loss from discontinued operations 1.0 (48.2)
Income from continuing operations attributable to Air Products 155.6 251.6
Adjustments to reconcile income to cash provided by operating activities:    
Depreciation and amortization 227.9 206.1
Deferred income taxes (76.7) (23.6)
Tax reform repatriation 310.3 0.0
Undistributed earnings of unconsolidated affiliates 34.0 (6.9)
Gain on sale of assets and investments (0.6) (5.0)
Share-based compensation 11.8 9.0
Noncurrent capital lease receivables 23.3 22.3
Write-down of long-lived assets associated with restructuring 0.0 45.7
Other adjustments 5.3 10.7
Working capital changes that provided (used) cash, excluding effects of acquisitions and divestitures:    
Trade receivables (34.2) 42.3
Inventories (8.4) 9.9
Contracts in progress, less progress billings 0.0 (22.6)
Other receivables 23.8 (7.2)
Payables and accrued liabilities (113.5) 10.4
Other working capital 5.5 31.6
Cash Provided by Operating Activities 564.1 574.3
Investing Activities    
Additions to plant and equipment (256.6) (239.2)
Acquisitions, less cash acquired 237.1 0.0
Investment in and advances to unconsolidated affiliates 0.0 (8.8)
Proceeds from sale of assets and investments 10.6 11.4
Purchases of investments (212.2) 0.0
Proceeds from investments 208.9 0.0
Other investing activities 1.5 (1.5)
Cash Used for Investing Activities (484.9) (238.1)
Financing Activities    
Long-term debt proceeds 0.0 1.2
Payments on long-term debt (408.6) (14.4)
Net decrease in commercial paper and short-term borrowings (40.7) (772.2)
Dividends paid to shareholders (207.5) (186.9)
Proceeds from stock option exercises 34.4 10.7
Other financing activities (18.7) (12.9)
Cash Used for Financing Activities (641.1) (974.5)
Discontinued Operations    
Cash used for operating activities (3.1) (59.6)
Cash used for investing activities 0.0 (19.4)
Cash provided by financing activities 0.0 69.5
Cash Used for Discontinued Operations (3.1) (9.5)
Effect of Exchange Rate Changes on Cash 14.0 (16.2)
Decrease in cash and cash items (551.0) (664.0)
Cash and Cash items – Beginning of Year 3,273.6 1,330.8
Cash and Cash Items – End of Period 2,722.6 666.8
Less: Cash and Cash Items - Discontinued Operations 0.0 11.3
Cash and Cash Items - Continuing Operations $ 2,722.6 $ 655.5