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Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Air Products Shareholders' Equity
Non- controlling Interests
Beginning balance at Sep. 30, 2022 $ 13,702.4 $ 249.4 $ 1,141.4 $ 16,520.3 $ (2,786.1) $ (1,981.0) $ 13,144.0 $ 558.4
Stockholders' Equity [Roll Forward]                
Net income 1,033.7     1,012.0     1,012.0 21.7
Other comprehensive income (loss) 636.8       622.8   622.8 14.0
Dividends on common stock (748.5)     (748.5)     (748.5)  
Distributions to noncontrolling interests (5.6)             (5.6)
Share-based compensation 29.0   29.0       29.0  
Issuance of treasury shares for stock option and award plans 1.2   (7.3)     8.5 1.2  
Investments by noncontrolling interests 72.8             72.8
Other equity transactions [1] (31.6)   0.3 (2.5)     (2.2) (29.4)
Ending balance at Mar. 31, 2023 14,690.2 249.4 1,163.4 16,781.3 (2,163.3) (1,972.5) 14,058.3 631.9
Beginning balance at Dec. 31, 2022 14,517.4 249.4 1,148.4 16,731.4 (2,218.3) (1,975.2) 13,935.7 581.7
Stockholders' Equity [Roll Forward]                
Net income 449.9     439.8     439.8 10.1
Other comprehensive income (loss) 56.3       55.0   55.0 1.3
Dividends on common stock (388.7)     (388.7)     (388.7)  
Distributions to noncontrolling interests (4.8)             (4.8)
Share-based compensation 14.8   14.8       14.8  
Issuance of treasury shares for stock option and award plans 2.8   0.1     2.7 2.8  
Investments by noncontrolling interests 72.8             72.8
Other equity transactions [2] (30.3)   0.1 (1.2)     (1.1) (29.2)
Ending balance at Mar. 31, 2023 14,690.2 249.4 1,163.4 16,781.3 (2,163.3) (1,972.5) 14,058.3 631.9
Beginning balance at Sep. 30, 2023 15,660.3 249.4 1,190.5 17,289.7 (2,449.4) (1,967.3) 14,312.9 1,347.4
Stockholders' Equity [Roll Forward]                
Net income 1,202.5     1,181.7     1,181.7 20.8
Other comprehensive income (loss) 97.9       173.5   173.5 (75.6)
Dividends on common stock (782.5)     (782.5)     (782.5)  
Distributions to noncontrolling interests (13.7)             (13.7)
Share-based compensation 29.5   29.5       29.5  
Issuance of treasury shares for stock option and award plans (3.0)   (4.5)     1.5 (3.0)  
Investments by noncontrolling interests 142.6             142.6
Other equity transactions 1.3   0.2 1.1     1.3  
Ending balance at Mar. 31, 2024 16,334.9 249.4 1,215.7 17,690.0 (2,275.9) (1,965.8) 14,913.4 1,421.5
Beginning balance at Dec. 31, 2023 16,129.1 249.4 1,200.0 17,510.0 (2,120.3) (1,966.1) 14,873.0 1,256.1
Stockholders' Equity [Roll Forward]                
Net income 580.9     572.4     572.4 8.5
Other comprehensive income (loss) (93.1)       (155.6)   (155.6) 62.5
Dividends on common stock (393.5)     (393.5)     (393.5)  
Distributions to noncontrolling interests (13.7)             (13.7)
Share-based compensation 15.7   15.7       15.7  
Issuance of treasury shares for stock option and award plans 0.2   (0.1)     0.3 0.2  
Investments by noncontrolling interests 108.1             108.1
Other equity transactions 1.2   0.1 1.1     1.2  
Ending balance at Mar. 31, 2024 $ 16,334.9 $ 249.4 $ 1,215.7 $ 17,690.0 $ (2,275.9) $ (1,965.8) $ 14,913.4 $ 1,421.5
[1] "Other equity transactions" reflects a noncash adjustment recorded during the second quarter of fiscal year 2023 to convert investments attributable to the noncontrolling partner of the NEOM Green Hydrogen Company joint venture to shareholder loans.
[2] "Other equity transactions" reflects a noncash adjustment recorded during the second quarter of fiscal year 2023 to convert investments attributable to the noncontrolling partner of the NEOM Green Hydrogen Company joint venture to shareholder loans.