Summary by Quarter (Unaudited)

12 Months Ended

Sep. 30, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

25. SUMMARY BY QUARTER (UNAUDITED)

These tables summarize the unaudited results of operations for each quarter of 2016 and 2015:
2016			Q1		Q2			Q3			Q4			Total
Sales		$	2,355.8	$	2,271.2		$	2,434.4		$	2,463.0		$	9,524.4
Gross profit(A)			760.1		752.2			795.1			814.3			3,121.7
Business separation costs(B)			12.0		7.4			9.5			23.3			52.2
Business restructuring and cost reduction actions(C)			-		8.6			14.2			11.1			33.9
Pension settlement loss(D)			-		2.6			1.0			2.8			6.4
Operating income(A)			510.6		513.3			535.1			547.0			2,106.0
Loss on extinguishment of debt(E)			-		-			-			6.9			6.9
Income tax provision			135.9		132.5	(F)		179.5	(F)		138.6	(F)		586.5	(F)
Net income (loss)			372.0		(465.5)			354.1			400.9			661.5
Net income attributable to Air Products
Income from continuing operations			377.8		379.8			355.7			402.0			1,515.3
Loss from discontinued operations			(14.2)		(853.1)			(8.9)			(8.0)			(884.2)
Net income (loss) attributable to Air Products			363.6		(473.3)			346.8			394.0			631.1
Basic Earnings Per Common Share Attributable to Air Products
Income from continuing operations			1.75		1.76			1.64			1.85			7.00
Loss from discontinued operations			(.07)		(3.95)			(.04)			(.04)			(4.08)
Net income (loss) attributable to Air Products			1.68		(2.19)			1.60			1.81			2.92
Diluted Earnings Per Common Share Attributable to Air Products
Income from continuing operations			1.73		1.74			1.63			1.84			6.94
Loss from discontinued operations			(.06)		(3.91)			(.04)			(.04)			(4.05)
Net income (loss) attributable to Air Products			1.67		(2.17)			1.59			1.80			2.89
Dividends declared per common share			.81		.86			.86			.86			3.39
Market price per common share:	High		143.83		147.16			152.16			157.84
	Low		126.65		114.64			134.15			137.31
2015			Q1		Q2			Q3			Q4			Total
Sales		$	2,560.8	$	2,414.5		$	2,470.2		$	2,449.4		$	9,894.9
Gross profit			731.1		716.3			755.0			753.5			2,955.9
Business separation costs(B)			-		-			-			7.5			7.5
Business restructuring and cost reduction actions(C)			32.4		55.4			58.2			61.7			207.7
Pension settlement loss(D)			-		12.6			1.6			7.0			21.2
Gain on previously held equity interest(G)			17.9		-			-			-			17.9
Gain on land sales(H)			-		-			-			33.6			33.6
Operating income			432.3		376.9			424.8			474.3			1,708.3
Loss on extinguishment of debt(E)			-		-			-			16.6			16.6
Income tax provision			107.1		87.7			104.1			119.4			418.3
Net income			337.5		296.9			333.2			350.0			1,317.6
Net income attributable to Air Products
Income from continuing operations			326.3		291.9			320.5			346.0			1,284.7
Loss from discontinued operations			(1.7)		(1.9)			(1.7)			(1.5)			(6.8)
Net income attributable to Air Products			324.6		290.0			318.8			344.5			1,277.9
Basic Earnings Per Common Share Attributable to Air Products
Income from continuing operations			1.53		1.36			1.49			1.61			5.98
Loss from discontinued operations			(.01)		(.01)			(.01)			(.01)			(.03)
Net income attributable to Air Products			1.52		1.35			1.48			1.60			5.95
Diluted Earnings Per Common Share Attributable to Air Products
Income from continuing operations			1.51		1.34			1.48			1.59			5.91
Loss from discontinued operations			(.01)		(.01)			(.01)			(.01)			(.03)
Net income attributable to Air Products			1.50		1.33			1.47			1.58			5.88
Dividends declared per common share			.77		.81			.81			.81			3.20
Market price per common share:	High		149.61		158.20			153.93			148.56
	Low		118.20		137.07			136.69			123.66
(A) Changes in estimates on projects accounted for under the percentage of completion method favorably impacted income by
approximately $20 in fiscal year 2016, primarily during the fourth quarter. For additional information, see Note 1, Major
Accounting Policies (Revenue Recognition).
(B) For additional information, see Note 3, Materials Technologies Separation.
(C) For additional information, see Note 5, Business Restructuring and Cost Reduction Actions.
(D) For additional information, see Note 16, Retirement Benefits.
(E) For additional information, see Note 15, Debt.
(F) Includes income tax expense for tax costs associated with business separation. For additional information, see Note 3, Materials
Technologies Separation.
(G) For additional information, see Note 6, Business Combination.
(H) The gain is reflected on the consolidated income statements in “Other income (expense), net.” For additional information, see
Note 24, Supplemental Information.