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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net Income (Loss) $ (93.5) $ 634.4
Less: Net income attributable to noncontrolling interests 16.2 19.8
Net Income (Loss) Attributable to Air Products (109.7) 614.6
(Income) loss from discontinued operations 867.3 3.6
Income from continuing operations attributable to Air Products 757.6 618.2
Adjustments to reconcile income to cash provided by operating activities:    
Depreciation and amortization 464.8 468.8
Deferred income taxes 87.0 53.5
Gain on previously held equity interest 0.0 (17.9)
Undistributed earnings of unconsolidated affiliates (7.7) (58.0)
Share-based compensation 19.5 24.8
Noncurrent capital lease receivables 40.2 (8.7)
Other adjustments 15.0 (58.8)
Working capital changes that provided (used) cash, excluding effects of acquisitions and divestitures:    
Trade receivables 33.2 23.6
Inventories 10.5 (14.0)
Contracts in progress, less progress billings (35.3) (17.2)
Other receivables (57.4) (75.2)
Payables and accrued liabilities (226.5) 89.1
Other working capital (13.4) (41.1)
Cash Provided by Operating Activities 1,087.5 987.1
Investing Activities    
Additions to plant and equipment (534.8) (628.5)
Acquisitions, less cash acquired 0.0 (34.5)
Proceeds from sale of assets and investments 70.6 10.8
Other investing activities (2.5) 1.5
Cash Used for Investing Activities (466.7) (650.7)
Financing Activities    
Long-term debt proceeds 0.0 337.3
Payments on long-term debt (70.2) (384.6)
Net increase (decrease) in commercial paper and short-term borrowings 0.2 54.3
Dividends paid to shareholders (349.1) (329.4)
Proceeds from stock option exercises 35.5 77.2
Excess tax benefit from share-based compensation 9.7 22.7
Other financing activities (25.0) (34.1)
Cash Provided By (Used for) Financing Activities (398.9) (256.6)
Discontinued Operations    
Cash provided by (used for) operating activities (25.1) (19.9)
Cash provided by (used for) investing activities (97.0) (189.1)
Cash provided by (used for) financing activities 0.0 0.0
Cash Provided by (Used for) Discontinued Operations (122.1) (209.0)
Effect of Exchange Rate Changes on Cash 6.9 (11.7)
Increase (Decrease) in Cash and Cash Items 106.7 (140.9)
Cash and Cash Items - Beginning of Year 206.4 336.6
Cash and Cash Items - End of Period 313.1 195.7
Less: Cash and Cash Items - Discontinued Operations 0.0 0.0
Cash and Cash Items - Continuing Operations $ 313.1 $ 195.7