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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating Activities    
Net Income $ 357.0 $ 161.7
Less: Net income attributable to noncontrolling interests of continuing operations 9.5 7.1
Net income attributable to Air Products 347.5 154.6
Loss from discontinued operations 0.0 1.0
Income from continuing operations attributable to Air Products 347.5 155.6
Adjustments to reconcile income to cash provided by operating activities:    
Depreciation and amortization 258.0 227.9
Deferred income taxes (1.0) (76.7)
Tax reform repatriation 46.2 310.3
Facility closure 29.0 0.0
Undistributed losses of unconsolidated affiliates 1.0 29.9
Gain on sale of assets and investments (0.7) (0.6)
Share-based compensation 9.3 11.8
Noncurrent capital lease receivables 24.8 23.3
Other adjustments 12.7 5.3
Working capital changes that provided (used) cash, excluding effects of acquisitions:    
Trade receivables (73.6) (34.2)
Inventories (10.4) (8.4)
Other receivables 10.3 23.8
Payables and accrued liabilities (55.4) (113.5)
Other working capital 57.5 5.5
Cash Provided by Operating Activities 655.2 560.0
Investing Activities    
Additions to plant and equipment (403.4) (256.6)
Acquisitions, less cash acquired 0.0 (237.1)
Proceeds from sale of assets and investments 1.1 10.6
Purchases of investments (5.3) (212.2)
Proceeds from investments 178.0 208.9
Other investing activities 3.1 5.6
Cash Used for Investing Activities (226.5) (480.8)
Financing Activities    
Payments on long-term debt (2.6) (408.6)
Net decrease in commercial paper and short-term borrowings (38.0) (40.7)
Dividends paid to shareholders (241.5) (207.5)
Proceeds from stock option exercises 4.7 34.4
Other financing activities (12.4) (18.7)
Cash Used for Financing Activities (289.8) (641.1)
Discontinued Operations    
Cash used for operating activities 0.0 (3.1)
Cash provided by investing activities 0.0 0.0
Cash provided by financing activities 0.0 0.0
Cash Used for Discontinued Operations 0.0 (3.1)
Effect of Exchange Rate Changes on Cash (6.9) 14.0
Increase (Decrease) in cash and cash items 132.0 (551.0)
Cash and Cash items – Beginning of Year 2,791.3 3,273.6
Cash and Cash Items – End of Period $ 2,923.3 $ 2,722.6