XML 18 R7.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net loss $ (6.1) $ (364.5)
Less: Net income attributable to noncontrolling interests of continuing operations 46.1 34.9
Net Income (Loss) Attributable to Air Products (52.2) (399.4)
Net loss from discontinued operations 0.0 8.0
Net loss from continuing operations attributable to Air Products (52.2) (391.4)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 1,131.1 1,151.4
Deferred income taxes (511.7) (497.2)
Tax reform repatriation 0.0 (34.9)
Gain on sale of business 0.0 (67.3)
Business and asset actions 2,929.4 2,952.0
Undistributed earnings of equity method investments (83.8) (137.8)
Gain on sale of assets and investments (4.7) (46.9)
Share-based compensation 38.7 65.7
Noncurrent lease receivables 36.4 40.1
Other adjustments 37.2 31.4
Working capital changes that provided (used) cash, excluding effects of acquisitions:    
Trade receivables (12.4) (91.4)
Inventories 19.9 (35.6)
Other receivables (72.3) (102.8)
Payables and accrued liabilities (202.6) (215.1)
Other working capital 56.6 (624.6)
Cash Provided by Operating Activities 3,309.6 1,995.6
Investing Activities    
Additions to plant and equipment, including long-term deposits (3,354.5) (5,504.9)
Acquisitions, less cash acquired 0.0 (59.9)
Investments in and advances to unconsolidated affiliates (108.8) (365.4)
Investments in financing receivables 0.0 (53.8)
Proceeds from sale of assets and investments 132.8 185.4
Purchases of short-term investments 0.0 (117.6)
Proceeds from short-term investments 0.0 122.5
Proceeds from other investing activities 19.0 112.7
Cash Used for Investing Activities (3,311.5) (5,681.0)
Financing Activities    
Long-term debt proceeds 644.0 3,978.2
Payments on long-term debt (662.8) (380.1)
Net increase in commercial paper and short-term borrowings 77.0 214.7
Dividends paid to shareholders (1,200.0) (1,185.7)
Investments by noncontrolling interests 301.5 485.9
Other financing activities (36.1) (78.7)
Cash (Used for) Provided by Financing Activities (876.4) 3,034.3
Effect of Exchange Rate Changes on Cash 2.8 (4.3)
Decrease in cash and cash items (875.5) (655.4)
Cash and cash items – Beginning of Year 1,856.0 2,979.7
Cash and Cash Items – End of Period $ 980.5 $ 2,324.3