Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Jun. 30, 2025	Sep. 30, 2024
Current Assets
Cash and cash items		$ 2,324.3	$ 2,979.7
Short-term investments		0.0	5.0
Trade receivables, net		1,943.5	1,821.6
Inventories		797.7	766.0
Prepaid expenses		234.0	179.9
Other receivables and current assets		848.1	610.8
Total Current Assets		6,147.6	6,363.0
Investment in net assets of and advances to equity affiliates		5,227.8	4,792.5
Plant and equipment, at cost		42,985.2	39,950.9
Less: accumulated depreciation		17,345.2	16,580.0
Plant and equipment, net		25,640.0	23,370.9
Goodwill, net		969.7	905.1
Intangible assets, net		302.4	311.6
Operating lease right-of-use assets, net		976.9	1,047.7
Noncurrent lease receivables		318.2	392.1
Financing receivables		983.3	1,220.2
Other noncurrent assets		1,093.2	1,171.5
Total Noncurrent Assets		35,511.5	33,211.6
Total Assets	[1]	41,659.1	39,574.6
Current Liabilities
Payables and accrued liabilities		3,368.1	2,926.2
Accrued income taxes		156.3	558.5
Short-term borrowings		536.2	83.5
Current portion of long-term debt		699.0	611.4
Total Current Liabilities		4,759.6	4,179.6
Noncurrent operating lease liabilities		646.6	677.9
Other noncurrent liabilities		1,351.8	1,350.5
Deferred income taxes		673.9	1,159.9
Total Noncurrent Liabilities		19,131.5	16,721.3
Total Liabilities	[1]	23,891.1	20,900.9
Commitments and Contingencies - See Note 14
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		1,302.1	1,253.2
Retained earnings		17,952.9	19,545.7
Accumulated other comprehensive loss		(1,969.8)	(2,027.7)
Treasury stock, at cost (2025 - 26,901,944 shares; 2024 - 27,083,166 shares)		(1,997.1)	(1,984.1)
Total Air Products Shareholders’ Equity		15,537.5	17,036.5
Noncontrolling interests	[1]	2,230.5	1,637.2
Total Equity		17,768.0	18,673.7
Total Liabilities and Equity		41,659.1	39,574.6
Nonrelated Party
Current Liabilities
Long-term debt		16,411.7	13,428.6
Related Party
Current Assets
Trade receivables, net		190.0	120.0
Current Liabilities
Long-term debt		$ 47.5	$ 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 $6,759.1 and $4,393.9 as of 30 June 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 $4,693.9 and $3,473.4 as of 30 June 2025 and 30 September 2024, respectively. Refer to Note 3, Variable Interest Entities, for additional information regarding the NEOM Green Hydrogen Company joint venture.