XML 22 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets
$ in Millions, ¥ in Billions
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
Current Assets    
Cash and cash items $ 2,791.3 $ 3,273.6
Short-term investments 184.7 404.0
Trade receivables, net 1,207.2 1,174.0
Inventories 396.1 335.4
Contracts in progress, less progress billings 77.5 84.8
Prepaid expenses 129.6 191.4
Other receivables and current assets 295.8 403.3
Current assets of discontinued operations 0.0 10.2
Total Current Assets 5,082.2 5,876.7
Investment in net assets of and advances to equity affiliates 1,277.2 1,286.9
Plant and equipment, net [1] 9,923.7 8,440.2
Goodwill, net 788.9 721.5
Intangible assets, net 438.5 368.3
Noncurrent capital lease receivables 1,013.3 1,131.8
Other noncurrent assets 654.5 641.8
Total Noncurrent Assets 14,096.1 12,590.5
Total Assets 19,178.3 18,467.2
Current Liabilities    
Payables and accrued liabilities 1,817.8 1,814.3
Accrued income taxes 59.6 98.6
Short-term borrowings 54.3 144.0
Current portion of long-term debt 406.6 416.4
Current liabilities of discontinued operations 0.0 15.7
Total Current Liabilities 2,338.3 2,489.0
Long-term debt 2,967.4 3,402.4
Long-term debt – related party [2] 384.3 0.0
Other noncurrent liabilities 1,536.9 1,611.9
Deferred income taxes 775.1 778.4
Total Noncurrent Liabilities 5,663.7 5,792.7
Total Liabilities 8,002.0 8,281.7
Commitments and Contingencies – See Note 17
Air Products Shareholders’ Equity    
Common stock (par value $1 per share; issued 2018 and 2017 - 249,455,584 shares) 249.4 249.4
Capital in excess of par value 1,029.3 1,001.1
Retained earnings 13,409.9 12,846.6
Accumulated other comprehensive loss (1,741.9) (1,847.4)
Treasury stock, at cost (2018 - 29,940,339 shares; 2017 - 31,109,510 shares) (2,089.2) (2,163.5)
Total Air Products Shareholders' Equity 10,857.5 10,086.2
Noncontrolling Interests 318.8 99.3
Total Equity 11,176.3 10,185.5
Total Liabilities and Equity $ 19,178.3 $ 18,467.2
[1] Long-lived assets include plant and equipment, net.
[2] Refer to Note 6, Acquisitions, for additional information regarding related party debt.