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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating Activities    
Net income $ 691.4 $ 649.8
Less: Net income attributable to noncontrolling interests 13.2 32.4
Net Income Attributable to Air Products 678.2 617.4
Adjustments to reconcile income to cash provided by operating activities:    
Depreciation and amortization 370.7 366.8
Deferred income taxes 78.2 (6.3)
Business and asset actions 22.0 0.0
Undistributed earnings of equity method investments (28.5) (48.4)
Gain on sale of assets and investments (2.2) (10.1)
Share-based compensation 10.6 16.4
Noncurrent lease receivables 12.0 15.0
Other adjustments (25.2) (122.6)
Working capital changes that provided (used) cash, excluding effects of acquisitions:    
Trade receivables 6.1 (47.8)
Inventories (11.0) 6.4
Other receivables (27.8) 9.0
Payables and accrued liabilities (191.3) 30.5
Other working capital 8.9 (14.6)
Cash Provided by Operating Activities 900.7 811.7
Investing Activities    
Additions to plant and equipment, including long-term deposits (1,251.2) (2,117.6)
Investments in and advances to unconsolidated affiliates (20.0) 0.0
Investments in financing receivables 0.0 (15.3)
Proceeds from sale of assets and investments 26.1 34.4
Purchases of short-term investments 0.0 (117.6)
Proceeds from short-term investments 0.0 5.0
Proceeds from other investing activities 2.2 29.0
Cash Used for Investing Activities (1,242.9) (2,182.1)
Financing Activities    
Long-term debt proceeds 382.5 459.2
Payments on long-term debt (569.6) (12.1)
Net increase (decrease) in commercial paper and short-term borrowings 67.3 (21.5)
Dividends paid to shareholders (398.4) (393.6)
Investments by noncontrolling interests 61.0 280.9
Other financing activities (32.9) (38.7)
Cash (Used for) Provided by Financing Activities (490.1) 274.2
Effect of Exchange Rate Changes on Cash 2.7 (38.0)
Decrease in cash and cash items (829.6) (1,134.2)
Cash and cash items – Beginning of Year 1,856.0 2,979.7
Cash and Cash Items – End of Period $ 1,026.4 $ 1,845.5