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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net Income $ (364.5) $ 1,911.4
Less: Net income attributable to noncontrolling interests of continuing operations 34.9 33.1
Net Income (Loss) Attributable to Air Products (399.4) 1,878.3
Net loss from discontinued operations 8.0 0.0
Net income (loss) from continuing operations (391.4) 1,878.3
Adjustments to reconcile income to cash provided by operating activities:    
Depreciation and amortization 1,151.4 1,070.3
Deferred income taxes (497.2) (74.3)
Tax reform repatriation (34.9) 0.0
Gain on sale of business (67.3) 0.0
Restructuring Charges 2,952.0 57.0
Undistributed earnings of equity method investments (137.8) (124.1)
Gain on sale of assets and investments (46.9) (23.3)
Share-based compensation 65.7 46.2
Noncurrent lease receivables 40.1 59.2
Other adjustments 31.4 36.4
Working capital changes that provided (used) cash, excluding effects of acquisitions:    
Trade receivables (91.4) (10.4)
Inventories (35.6) (111.0)
Other receivables (102.8) 82.4
Payables and accrued liabilities (215.1) (175.1)
Other working capital (624.6) (21.9)
Cash Provided by Operating Activities 1,995.6 2,689.7
Investing Activities    
Additions to plant and equipment, including long-term deposits (5,504.9) (4,721.5)
Acquisitions, less cash acquired (59.9) 0.0
Investment in and advances to unconsolidated affiliates (365.4) 0.0
Investment in financing receivables (53.8) (396.2)
Proceeds from sale of assets and investments 185.4 26.3
Purchases of short-term investments (117.6) (141.4)
Proceeds from short-term investments 122.5 413.1
Other investing activities 112.7 45.9
Cash Used for Investing Activities (5,681.0) (4,773.8)
Financing Activities    
Long-term debt proceeds 3,978.2 4,119.9
Payments on long-term debt (380.1) (76.7)
Net increase (decrease) in commercial paper and short-term borrowings 214.7 (183.3)
Dividends paid to shareholders (1,185.7) (1,171.4)
Proceeds from stock option exercises 1.1 6.2
Investments by noncontrolling interests 485.9 278.7
Other financing activities (79.8) (125.7)
Cash Provided by Financing Activities 3,034.3 2,847.7
Effect of Exchange Rate Changes on Cash (4.3) (4.9)
(Decrease) Increase in cash and cash items (655.4) 758.7
Cash and cash items – Beginning of year 2,979.7 1,617.0
Cash and Cash Items – End of Period $ 2,324.3 $ 2,375.7