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Business Segment Information
 6 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Business Segment Information BUSINESS SEGMENT INFORMATION
Our reporting segments reflect the manner in which our chief operating decision maker reviews results and allocates resources. Except in the Industrial Gases – EMEA and Corporate and other segments, each reporting segment meets the definition of an operating segment and does not include the aggregation of multiple operating segments. Our Industrial Gases – EMEA and Corporate and other segments each include the aggregation of two operating segments that meet the aggregation criteria under GAAP.
Our reporting segments are:
•Industrial Gases – Americas;
•Industrial Gases – EMEA (Europe, Middle East, and Africa);
•Industrial Gases – Asia;
•Industrial Gases – Global; and
•Corporate and other
Summary by Business Segments
Industrial
Gases –
Americas		Industrial
Gases –
EMEA		Industrial
Gases –
Asia		Industrial
Gases –
Global		Corporate
and other		Total
Three Months Ended 31 March 2021
Sales$1,056.1 $584.6 $697.5 $97.9 $65.9 $2,502.0 
(A)
Operating income (loss)263.4 139.6 198.5 (26.1)(40.5)534.9 
(B)
Depreciation and amortization153.3 57.6 109.7 2.6 6.1 329.3 
Equity affiliates' income32.3 20.3 15.5 1.7 — 69.8 
(B)
Three Months Ended 31 March 2020
Sales$932.4 $492.7 $658.1 $79.3 $53.8 $2,216.3 
(A)
Operating income (loss)268.0 124.6 209.1 (19.8)(38.5)543.4 
(B)
Depreciation and amortization135.5 47.6 104.1 2.4 5.1 294.7 
Equity affiliates' income21.6 13.5 13.8 5.5 — 54.4 
(B)
(A)Sales relate to external customers only. All intersegment sales are eliminated in consolidation. Intersegment sales are generally transacted at market pricing. We generally do not have intersegment sales from our regional industrial gases businesses. Equipment manufactured for our regional industrial gases segments are generally transferred at cost and are not reflected as an intersegment sale.
(B)Refer to the Reconciliations to Consolidated Results section below.
Industrial
Gases –
Americas		Industrial
Gases –
EMEA		Industrial
Gases –
Asia		Industrial
Gases –
Global		Corporate
and other		Total
Six Months Ended 31 March 2021
Sales$1,989.1 $1,147.6 $1,415.0 $202.4 $123.1 $4,877.2 
(A)
Operating income (loss)489.2 281.1 413.3 (30.7)(78.9)1,074.0 
(B)
Depreciation and amortization305.1 113.0 217.6 5.2 12.1 653.0 
Equity affiliates' income54.6 45.3 35.4 3.8 — 139.1 
(B)
Six Months Ended 31 March 2020
Sales$1,868.6 $991.4 $1,350.9 $171.9 $88.2 $4,471.0 
(A)
Operating income (loss)525.2 245.1 437.6 (16.2)(87.3)1,104.4 
(B)
Depreciation and amortization267.3 96.0 205.7 4.8 10.1 583.9 
Equity affiliates' income42.2 32.8 30.7 6.9 — 112.6 
(B)
Total Assets
31 March 2021$6,916.3 $4,176.4 $7,279.9 $451.8 $7,334.5 $26,158.9 
30 September 20206,610.1 3,917.0 6,842.9 397.8 7,400.7 25,168.5 
(A)Sales relate to external customers only. All intersegment sales are eliminated in consolidation. Intersegment sales are generally transacted at market pricing. We generally do not have intersegment sales from our regional industrial gases businesses. Equipment manufactured for our regional industrial gases segments are generally transferred at cost and are not reflected as an intersegment sale.
(B)Refer to the Reconciliations to Consolidated Results section below.
Reconciliations to Consolidated Results
The table below reconciles total operating income disclosed in the table above to consolidated operating income as reflected on our consolidated income statements:
Three Months EndedSix Months Ended
31 March31 March
Operating Income2021202020212020
Total$534.9 $543.4 $1,074.0 $1,104.4 
Facility closure(23.2)— (23.2)— 
Gain on exchange with joint venture partner36.8 — 36.8 — 
Company headquarters relocation income (expense)— 33.8 — 33.8 
Consolidated Operating Income$548.5 $577.2 $1,087.6 $1,138.2 
The table below reconciles total equity affiliates' income disclosed in the table above to consolidated equity affiliates' income as reflected on our consolidated income statements:
Three Months EndedSix Months Ended
31 March31 March
Equity Affiliates' Income2021202020212020
Total$69.8 $54.4 $139.1 $112.6 
India Finance Act 2020— 33.8 — 33.8 
Consolidated Equity Affiliates' Income$69.8 $88.2 $139.1 $146.4