Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Dec. 31, 2025	Sep. 30, 2025
Current Assets
Cash and cash items		$ 1,026.4	$ 1,856.0
Trade receivables, net		1,894.9	1,901.2
Inventories		788.1	776.5
Prepaid expenses		163.8	174.9
Assets held for sale		472.6	427.7
Other receivables and current assets		757.4	689.5
Total Current Assets		5,103.2	5,825.8
Noncurrent Assets
Investment in net assets of and advances to equity affiliates		5,440.1	5,366.1
Plant and equipment, at cost		43,785.2	42,754.8
Less: accumulated depreciation		17,643.1	17,417.0
Plant and equipment, net		26,142.1	25,337.8
Goodwill, net		971.5	963.9
Intangible assets, net		294.4	293.5
Operating lease right-of-use assets, net		925.2	944.0
Noncurrent lease receivables		299.6	307.1
Financing receivables		964.6	1,000.0
Other noncurrent assets		1,100.0	1,021.3
Total Noncurrent Assets		36,137.5	35,233.7
Total Assets	[1]	41,240.7	41,059.5
Current Liabilities
Payables and accrued liabilities		3,035.3	3,237.7
Accrued income taxes		174.5	179.4
Short-term borrowings		66.7	34.7
Current portion of long-term debt		169.8	716.3
Liabilities held for sale		51.6	50.5
Total Current Liabilities		3,497.9	4,218.6
Noncurrent Liabilities
Noncurrent operating lease liabilities		607.0	616.0
Other noncurrent liabilities		1,341.5	1,348.1
Deferred income taxes		661.9	579.6
Total Noncurrent Liabilities		19,905.7	19,491.1
Total Liabilities	[1]	23,403.6	23,709.7
Commitments and Contingencies - See Note 11
Air Products Shareholders’ Equity
Common stock (par value $1 per share; issued 2026 and 2025 - 249,455,584 shares)		249.4	249.4
Capital in excess of par value		1,305.6	1,306.5
Retained earnings		17,838.0	17,558.6
Accumulated other comprehensive loss		(1,977.1)	(2,087.8)
Treasury stock, at cost (2026 - 26,799,576 shares; 2025 - 26,867,328 shares)		(2,004.6)	(2,001.8)
Total Air Products Shareholders’ Equity		15,411.3	15,024.9
Noncontrolling interests	[1]	2,425.8	2,324.9
Total Equity		17,837.1	17,349.8
Total Liabilities and Equity		41,240.7	41,059.5
Nonrelated Party
Noncurrent Liabilities
Long-term debt		17,114.6	16,769.9
Related Party
Current Assets
Trade receivables, net		160.0	105.0
Current Liabilities
Current portion of long-term debt		60.0	59.0
Noncurrent Liabilities
Long-term debt		$ 180.7	$ 177.5

[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 $7,684.6 and $7,134.7 as of 31 December 2025 and 30 September 2025, 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 $5,304.8 and $4,937.7 as of 31 December 2025 and 30 September 2025, respectively. Refer to Note 3, Variable Interest Entities, for additional information regarding the NEOM Green Hydrogen Company joint venture.