XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Income Statements - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Consolidated Income Statements [Abstract]        
Sales $ 2,271.2 $ 2,414.5 $ 4,627.0 $ 4,975.3
Cost of sales 1,519.0 1,698.2 3,114.7 3,527.9
Selling and administrative 207.1 240.3 418.5 497.9
Research and development 32.7 35.8 64.7 70.8
Business separation costs 7.4 0.0 19.4 0.0
Business restructuring and cost reduction actions 8.6 55.4 8.6 87.8
Pension settlement loss 2.6 12.6 2.6 12.6
Gain on previously held equity interest 0.0 0.0 0.0 17.9
Other income (expense), net 19.5 4.7 25.4 13.0
Operating Income 513.3 376.9 1,023.9 809.2
Equity affiliates' income 32.5 33.0 66.2 76.1
Interest expense 25.7 23.4 47.9 52.5
Income from Continuing Operations before Taxes 520.1 386.5 1,042.2 832.8
Income tax provision 132.5 87.7 268.4 194.8
Income from Continuing Operations 387.6 298.8 773.8 638.0
Income (loss) from Discontinued Operations, net of tax (853.1) (1.9) (867.3) (3.6)
Net Income (Loss) (465.5) 296.9 (93.5) 634.4
Less: Net Income Attributable to Noncontrolling Interests 7.8 6.9 16.2 19.8
Net Income (Loss) Attributable to Air Products (473.3) 290.0 (109.7) 614.6
Net Income (Loss) Attributable to Air Products        
Income from continuing operations 379.8 291.9 757.6 618.2
Income (loss) from discontinued operations (853.1) (1.9) (867.3) (3.6)
Net Income (Loss) Attributable to Air Products $ (473.3) $ 290.0 $ (109.7) $ 614.6
Basic Earnings Per Common Share Attributable to Air Products        
Income from continuing operations $ 1.76 $ 1.36 $ 3.51 $ 2.89
Income (loss) from discontinued operations (3.95) (0.01) (4.02) (0.02)
Net Income (Loss) Attributable to Air Products (2.19) 1.35 (0.51) 2.87
Diluted Earnings Per Common Share Attributable to Air Products        
Income from continuing operations 1.74 1.34 3.47 2.85
Income (loss) from discontinued operations (3.91) (0.01) (3.98) (0.02)
Net Income (Loss) Attributable to Air Products $ (2.17) $ 1.33 $ (0.51) $ 2.83
Weighted Average Common Shares - Basic (in millions) 216.1 214.9 215.9 214.5
Weighted Average Common Shares - Diluted (in millions) 217.9 217.4 217.8 217.0
Dividends Declared Per Common Share - Cash $ 0.86 $ 0.81 $ 1.67 $ 1.58