Business Segment Information

3 Months Ended

Dec. 31, 2015

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Business Segment Information

19.BUSINESS SEGMENT INFORMATION

Our reporting segments reflect the manner in which our chief operating decision maker reviews results and allocates resources. Except in the Corporate and other segment, each reporting segment meets the definition of an operating segment and does not include the aggregation of multiple operating segments. Our liquefied natural gas (LNG) and helium storage and distribution sale of equipment businesses are aggregated within the Corporate and other segment.

Our reporting segments are:

• Industrial Gases – Americas
• Industrial Gases – EMEA (Europe, Middle East, and Africa)
• Industrial Gases – Asia
• Industrial Gases – Global
• Materials Technologies
• Energy-from-Waste
• Corporate and other

Business Segment
	Industrial		Industrial		Industrial		Industrial				Energy-
	Gases–		Gases–		Gases–		Gases–		Materials		from-		Corporate		Segment
	Americas		EMEA		Asia		Global		Technologies		Waste		and other		Total
Three Months Ended 31 December 2015
Sales	$	836.1	$	438.3	$	413.2	$	104.3	$	490.0	$	-	$	73.9	$	2,355.8
Operating income (loss)		211.8		91.7		116.7		(19.3)		127.2		(3.6)		(5.2)		519.3
Depreciation and amortization		108.8		46.7		51.7		2.1		19.6		-		3.8		232.7
Equity affiliates' income (loss)		14.5		7.6		11.7		(.5)		.4		-		-		33.7
Three Months Ended 31 December 2014
Sales	$	1,003.0	$	500.8	$	398.7	$	59.0	$	524.0	$	-	$	75.3	$	2,560.8
Operating income (loss)		211.2		81.3		90.5		(17.9)		104.6		(2.5)		(22.7)		444.5
Depreciation and amortization		103.6		51.1		49.6		4.3		24.0		-		2.9		235.5
Equity affiliates' income		17.2		10.3		14.6		.4		.6		-		-		43.1
Total Assets
31 December 2015	$	5,674.3	$	3,224.5	$	4,155.4	$	383.3	$	1,705.8	$	938.9	$	1,178.1	$	17,260.3
30 September 2015		5,774.9		3,323.9		4,154.0		370.5		1,741.9		894.4		1,074.9		17,334.5

The sales information noted above relates to external customers only. All intersegment sales are eliminated in consolidation. For the three months ended 31 December 2015 and 2014, the Industrial Gases – Global segment had intersegment sales of $54.6 and $59.6, respectively. These sales are generally transacted at market pricing. For all other segments, intersegment sales are not material for all periods presented. Equipment manufactured for our industrial gases segments are generally transferred at cost and not reflected as an intersegment sale.

Below is a reconciliation of segment total operating income to consolidated operating income:
	Three Months Ended
	31 December
Operating Income		2015		2014
Segment total	$	519.3	$	444.5
Business separation costs		(12.0)		-
Project suspension costs		(14.3)		-
Business restructuring and cost reduction actions		-		(32.4)
Gain on previously held equity interest		-		17.9
Consolidated Total	$	493.0	$	430.0