Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Mar. 31, 2025	Sep. 30, 2024
Current Assets
Cash and cash items		$ 1,491.4	$ 2,979.7
Short-term investments		111.4	5.0
Trade receivables, net		1,845.9	1,821.6
Inventories		769.7	766.0
Prepaid expenses		261.6	179.9
Other receivables and current assets		707.6	610.8
Total Current Assets		5,187.6	6,363.0
Investment in net assets of and advances to equity affiliates		5,128.7	4,792.5
Plant and equipment, at cost		40,645.8	39,950.9
Less: accumulated depreciation		16,612.4	16,580.0
Plant and equipment, net		24,033.4	23,370.9
Goodwill, net		887.1	905.1
Intangible assets, net		281.6	311.6
Operating lease right-of-use assets, net		970.3	1,047.7
Noncurrent lease receivables		324.2	392.1
Financing receivables		965.3	1,220.2
Other noncurrent assets		1,094.7	1,171.5
Total Noncurrent Assets		33,685.3	33,211.6
Total Assets	[1]	38,872.9	39,574.6
Current Liabilities
Payables and accrued liabilities		3,423.9	2,926.2
Accrued income taxes		182.8	558.5
Short-term borrowings		773.2	83.5
Current portion of long-term debt		830.7	611.4
Total Current Liabilities		5,210.6	4,179.6
Noncurrent operating lease liabilities		637.4	677.9
Other noncurrent liabilities		1,320.9	1,350.5
Deferred income taxes		670.4	1,159.9
Total Noncurrent Liabilities		16,882.7	16,721.3
Total Liabilities	[1]	22,093.3	20,900.9
Commitments and Contingencies - See Note 12
Air Products Shareholders’ Equity
Common stock (par value $1 per share; issued 2025 and 2024 - 249,455,584 shares)		249.4	249.4
Capital in excess of par value		1,291.4	1,253.2
Retained earnings		17,637.3	19,545.7
Accumulated other comprehensive loss		(2,477.7)	(2,027.7)
Treasury stock, at cost (2025 - 26,911,370 shares; 2024 - 27,083,166 shares)		(1,997.0)	(1,984.1)
Total Air Products Shareholders’ Equity		14,703.4	17,036.5
Noncontrolling interests	[1]	2,076.2	1,637.2
Total Equity		16,779.6	18,673.7
Total Liabilities and Equity		38,872.9	39,574.6
Nonrelated Party
Current Liabilities
Long-term debt		14,153.1	13,428.6
Related Party
Current Assets
Trade receivables, net		155.0	120.0
Current Liabilities
Current portion of long-term debt		193.5	200.0
Long-term debt		$ 100.9	$ 104.4

[1] Includes balances associated with a consolidated variable interest entity ("VIE"), including amounts reflected in "Total Assets" that can only be used to settle obligations of the VIE of $6,225.5 and $4,393.9 as of 31 March 2025 and 30 September 2024, respectively, as well as liabilities of the VIE reflected within "Total Liabilities" for which creditors do not have recourse to the general credit of Air Products of $4,479.5 and $3,473.4 as of 31 March 2025 and 30 September 2024, respectively. Refer to Note 3, Variable Interest Entities, for additional information regarding the NEOM Green Hydrogen Company joint venture.