Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Mar. 31, 2026	Sep. 30, 2025
Current Assets
Cash and cash items		$ 951.0	$ 1,856.0
Trade receivables, net		1,937.7	1,901.2
Inventories		767.9	776.5
Prepaid expenses		171.2	174.9
Assets held for sale		467.0	427.7
Other receivables and current assets		717.8	689.5
Total Current Assets		5,012.6	5,825.8
Noncurrent Assets
Investment in net assets of and advances to equity affiliates		5,409.3	5,366.1
Plant and equipment, at cost		44,553.5	42,754.8
Less: accumulated depreciation		17,859.8	17,417.0
Plant and equipment, net		26,693.7	25,337.8
Goodwill, net		958.7	963.9
Intangible assets, net		283.5	293.5
Operating lease right-of-use assets, net		917.8	944.0
Noncurrent lease receivables		291.1	307.1
Financing receivables		955.6	1,000.0
Other noncurrent assets		1,122.4	1,021.3
Total Noncurrent Assets		36,632.1	35,233.7
Total Assets	[1]	41,644.7	41,059.5
Current Liabilities
Payables and accrued liabilities		2,856.9	3,237.7
Accrued income taxes		118.7	179.4
Short-term borrowings		314.4	34.7
Current portion of long-term debt		173.5	716.3
Liabilities held for sale		49.8	50.5
Total Current Liabilities		3,513.3	4,218.6
Noncurrent Liabilities
Noncurrent operating lease liabilities		600.1	616.0
Other noncurrent liabilities		1,378.6	1,348.1
Deferred income taxes		733.0	579.6
Total Noncurrent Liabilities		19,981.6	19,491.1
Total Liabilities	[1]	23,494.9	23,709.7
Commitments and Contingencies - See Note 12
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		1,317.2	1,306.5
Retained earnings		18,144.2	17,558.6
Accumulated other comprehensive loss		(2,057.5)	(2,087.8)
Treasury stock, at cost (2026 - 26,774,898 shares; 2025 - 26,867,328 shares)		(2,003.4)	(2,001.8)
Total Air Products Shareholders’ Equity		15,649.9	15,024.9
Noncontrolling interests	[1]	2,499.9	2,324.9
Total Equity		18,149.8	17,349.8
Total Liabilities and Equity		41,644.7	41,059.5
Nonrelated Party
Noncurrent Liabilities
Long-term debt		17,086.6	16,769.9
Related Party
Current Assets
Trade receivables, net		205.0	105.0
Current Liabilities
Current portion of long-term debt		61.0	59.0
Noncurrent Liabilities
Long-term debt		$ 183.3	$ 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 $7,896.0 and $7,134.7 as of 31 March 2026 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 $5,295.6 and $4,937.7 as of 31 March 2026 and 30 September 2025, respectively. Refer to Note 3, Variable Interest Entities, for additional information regarding the NEOM Green Hydrogen Company joint venture.