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Accumulated Other Comprehensive Loss
12 Months Ended
Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss ACCUMULATED OTHER COMPREHENSIVE LOSS
The table below summarizes changes in AOCL, net of tax, attributable to Air Products:
 
 
Derivatives
qualifying
as hedges
 
Foreign
currency
translation
adjustments
 
Pension and
postretirement
benefits
 
Total
Balance at 30 September 2015
 

($42.9
)
 

($956.5
)
 

($1,126.5
)
 

($2,125.9
)
Other comprehensive income (loss) before reclassifications
 
13.7

 
9.9

 
(335.1
)
 
(311.5
)
Amounts reclassified from AOCL
 
(36.0
)
 
2.7

 
87.2

 
53.9

Net current period other comprehensive income (loss)
 

($22.3
)
 

$12.6

 

($247.9
)
 

($257.6
)
Amount attributable to noncontrolling interest
 
(.2
)
 
5.4

 
(.4
)
 
4.8

Balance at 30 September 2016
 

($65.0
)
 

($949.3
)
 

($1,374.0
)
 

($2,388.3
)
Other comprehensive income (loss) before reclassifications
 
(12.6
)
 
101.9

 
251.6

 
340.9

Amounts reclassified from AOCL
 
24.2

 
57.3

 
110.7

 
192.2

Net current period other comprehensive income
 

$11.6

 

$159.2

 

$362.3

 

$533.1

Spin-off of Versum
 
.2

 
6.0

 
5.3

 
11.5

Amount attributable to noncontrolling interest
 
(.1
)
 
3.0

 
.8

 
3.7

Balance at 30 September 2017
 

($53.1
)
 

($787.1
)
 

($1,007.2
)
 

($1,847.4
)
Other comprehensive income (loss) before reclassifications
 
45.9

 
(244.6
)
 
179.4

 
(19.3
)
Amounts reclassified from AOCL
 
(30.4
)
 
3.1

 
133.1

 
105.8

Net current period other comprehensive income (loss)
 

$15.5

 

($241.5
)
 

$312.5

 

$86.5

Amount attributable to noncontrolling interest
 

 
(18.8
)
 
(.2
)
 
(19.0
)
Balance at 30 September 2018
 

($37.6
)
 

($1,009.8
)
 

($694.5
)
 

($1,741.9
)

The table below summarizes the reclassifications out of accumulated other comprehensive loss and the affected line item on the consolidated income statements:
 
 
2018
 
2017
 
2016
(Gain) Loss on Cash Flow Hedges, net of tax
 
 
 
 
 
 
Sales/Cost of sales
 

$7.1

 

$18.3

 

$.2

Other income (expense), net
 
(42.6
)
 
5.1

 
(46.2
)
Interest expense
 
5.1

 
.8

 
10.0

Total (Gain) Loss on Cash Flow Hedges, net of tax
 

($30.4
)
 

$24.2

 

($36.0
)
 
 
 
 
 
 
 
Currency Translation Adjustment
 
 
 
 
 
 
Cost of sales(A)
 

$3.1

 

$—

 

$—

Cost reduction and assets actions(B)
 

 
8.2

 

  Loss from discontinued operations, net of tax(C)
 

 
49.1

 
2.7

Total Currency Translation Adjustment
 

$3.1

 

$57.3

 

$2.7

 
 
 
 
 
 
 
Pension and Postretirement Benefits, net of tax(D)
 

$133.1

 

$110.7

 

$87.2

(A) 
The fiscal year 2018 impact relates to an equipment sale resulting from the termination of a contract in the Industrial Gases – Asia segment during the first quarter.
(B) 
The fiscal year 2017 impact relates to the planned sale of a non-industrial gas hardgoods business in the Industrial Gases – Americas segment recorded in the third quarter.
(C) 
The fiscal year 2017 impact relates to the sale of PMD during the second quarter. The fiscal year 2016 impact primarily relates to the sale of an equity affiliate in the first quarter.
(D) 
The components of net periodic benefit cost reclassified out of AOCL include items such as prior service cost amortization, actuarial loss amortization, and settlements and are included in “Other non-operating income (expense), net” on the consolidated income statements. Refer to Note 16, Retirement Benefits, for additional information.