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Consolidated Income Statements (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Sales $ 2,216.3 $ 2,187.7 $ 4,471.0 $ 4,411.7
Cost of sales 1,460.1 1,474.7 2,946.7 3,018.7
Facility closure 0.0 0.0 0.0 29.0
Selling and administrative 201.7 190.0 403.4 379.6
Research and development 19.2 16.9 36.9 31.9
Company headquarters relocation income (expense) 33.8 0.0 33.8 0.0
Other income (expense), net 8.1 10.4 20.4 19.0
Operating Income 577.2 516.5 1,138.2 971.5
Equity affiliates' income 88.2 46.2 146.4 99.1
Interest expense 19.3 35.4 38.0 72.7
Other non-operating income (expense), net 7.1 13.7 16.2 32.2
Income From Continuing Operations Before Taxes 653.2 541.0 1,262.8 1,030.1
Income tax provision 148.5 107.5 269.2 239.6
Income From Continuing Operations 504.7 433.5 993.6 790.5
Loss from discontinued operations, net of tax (14.3) 0.0 (14.3) 0.0
Net Income 490.4 433.5 979.3 790.5
Less: Net income attributable to noncontrolling interests of continuing operations 12.6 12.2 25.9 21.7
Net Income Attributable to Air Products 477.8 421.3 953.4 768.8
Net income from continuing operations 492.1 421.3 967.7 768.8
Net loss from discontinued operations $ (14.3) $ 0.0 $ (14.3) $ 0.0
Basic earnings per share from continuing operations (in dollars per share) [1] $ 2.22 $ 1.91 $ 4.38 $ 3.49
Basic earnings per share from discontinued operations (in dollars per share) [1] (0.06) 0 (0.06) 0
Basic Earnings Per Common Share Attributable to Air Products (in dollars per share) [1] 2.16 1.91 4.31 3.49
Diluted earnings per share from continuing operations (in dollars per share) [1] 2.21 1.90 4.36 3.48
Diluted earnings per share from discontinued operations (in dollars per share) [1] (0.06) 0 (0.06) 0
Diluted Earnings Per Common Share Attributable to Air Products (in dollars per share) [1] $ 2.15 $ 1.90 $ 4.29 $ 3.48
Weighted Average Common Shares - Basic (in millions) 221.2 220.2 221.0 220.0
Weighted Average Common Shares - Diluted (in millions) 222.3 221.4 222.2 221.2
[1] Earnings per share ("EPS") is calculated independently for each component and may not sum to total EPS due to rounding.