Revenue Recognition (Tables)

6 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The table below presents our consolidated sales disaggregated by each of the supply modes described above for each of our reporting segments. We believe this presentation best depicts the nature, timing, type of customer, and contract terms for our sales.

	Industrial Gases– Americas		Industrial Gases– EMEA		Industrial Gases– Asia		Industrial Gases– Global		Corporate and other		Total		%
Three Months Ended 31 March 2019
On-site		$580.9		$178.6		$386.0		$—		$—		$1,145.5	52	%
Merchant	410.8		315.8		239.4		—		—		966.0		44	%
Sale of Equipment	—		—		—		53.8		22.4		76.2		4	%
Total		$991.7		$494.4		$625.4		$53.8		$22.4		$2,187.7	100	%

	Industrial Gases– Americas		Industrial Gases– EMEA		Industrial Gases– Asia		Industrial Gases– Global		Corporate and other		Total		%
Six Months Ended 31 March 2019
On-site		$1,176.9		$400.8		$767.0		$—		$—		$2,344.7	53	%
Merchant	804.0		617.8		485.2		—		—		1,907.0		43	%
Sale of Equipment	—		—		—		122.0		38.0		160.0		4	%
Total		$1,980.9		$1,018.6		$1,252.2		$122.0		$38.0		$4,411.7	100	%

Balance sheet impacts upon adoption of the new revenue standard

The table below summarizes the balance sheet impacts of no longer presenting "Contracts in progress, less progress billings" upon adoption of the new revenue standard on 1 October 2018:

	30 September 2018		New Revenue Standard Adjustments			1 October 2018
Assets
Current Assets
Cash and cash items		$2,791.3		$—			$2,791.3
Short-term investments	184.7		—			184.7
Trade receivables, net	1,207.2		—			1,207.2
Inventories	396.1		—			396.1
Contracts in progress, less progress billings	77.5		(77.5		)	—
Prepaid expenses	129.6		—			129.6
Other receivables and current assets	295.8		103.7			399.5
Total Current Assets	5,082.2		26.2			5,108.4
Total Noncurrent Assets	14,096.1		—			14,096.1
Total Assets		$19,178.3		$26.2			$19,204.5
Liabilities and Equity
Current Liabilities
Payables and accrued liabilities		$1,817.8		$26.2			$1,844.0
Accrued income taxes	59.6		—			59.6
Short-term borrowings	54.3		—			54.3
Current portion of long-term debt	406.6		—			406.6
Total Current Liabilities	2,338.3		26.2			2,364.5
Total Noncurrent Liabilities	5,663.7		—			5,663.7
Total Liabilities	8,002.0		26.2			8,028.2
Total Equity	11,176.3		—			11,176.3
Total Liabilities and Equity		$19,178.3		$26.2			$19,204.5

Contract assets and liabilities

The table below details balances arising from contracts with customers as of our most recent balance sheet date and our date of adoption:

	31 March 2019		1 October 2018
Assets
Contract assets – current		$34.6		$53.0
Contract fulfillment costs – current	65.9		50.7
Liabilities
Contract liabilities – current	194.2		174.5
Contract liabilities – noncurrent	50.2		53.5