7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2009-12-31 2009-06-30 2009-03-31 2008-12-31 2008-06-30 2008-03-31 2007-12-31 2007-06-30 
      
    		                                                                   
      operating activities
    		                                                                   
      net income
    		723,200,000 -1,737,500,000 649,800,000 1,951,000,000 708,900,000 580,900,000 621,600,000 694,400,000 610,500,000 449,900,000 583,800,000 593,000,000 587,100,000 536,800,000 549,600,000 618,800,000 532,300,000 477,100,000 486,700,000 494,700,000 457,100,000 490,400,000 488,900,000 518,700,000 500,200,000 433,500,000 357,000,000 459,700,000 585,300,000 161,700,000 475,000,000 104,100,000 2,135,700,000 306,400,000 400,900,000 354,100,000 -465,500,000 372,000,000 350,000,000 333,200,000 296,900,000 337,500,000 79,000,000 323,500,000 291,500,000 299,100,000 147,300,000 298,400,000 299,600,000 287,200,000 142,300,000 492,500,000 302,200,000 256,300,000 339,100,000 335,000,000 311,500,000 275,900,000 278,000,000 256,800,000 113,200,000 205,600,000 68,600,000 70,100,000 314,300,000 263,700,000 284,900,000 
      less: net income attributable to noncontrolling interests of continuing operations
    		           9,900,000 5,000,000 6,300,000 -10,800,000     7,900,000 10,600,000   15,500,000 12,200,000 12,200,000 9,500,000 6,800,000 14,300,000 7,100,000 6,300,000 2,200,000 5,700,000 6,600,000                                  
      net income attributable to air products
    		713,800,000 -1,730,600,000 617,400,000 1,949,900,000 696,600,000 572,400,000 609,300,000 692,600,000 595,600,000 439,800,000 572,200,000 583,100,000 582,100,000 530,500,000 560,400,000 610,400,000 533,600,000 473,100,000 482,000,000 486,800,000 446,500,000 477,800,000 475,600,000 503,200,000 488,000,000 421,300,000 347,500,000 452,900,000 571,000,000 154,600,000 468,700,000 101,900,000 2,130,000,000 299,800,000 394,000,000 346,800,000 -473,300,000 363,600,000 344,500,000 318,800,000 290,000,000 324,600,000 104,000,000 314,000,000 283,500,000 290,200,000 137,100,000 288,400,000 290,400,000 278,300,000 138,700,000 484,500,000 296,000,000 248,100,000 324,800,000 326,500,000 304,300,000 268,600,000 272,100,000 251,800,000        
      net income from discontinued operations
    		                                                                   
      net income from continuing operations attributable to air products
    		                                                                   
      adjustments to reconcile income to cash from operating activities:
    		                                                                   
      depreciation and amortization
    		401,000,000 383,600,000 366,800,000 380,800,000 360,300,000 360,800,000 349,200,000 357,300,000 339,900,000 339,600,000 321,500,000 332,800,000 337,200,000 335,900,000 332,300,000 332,600,000 335,700,000 329,300,000 323,700,000 310,500,000 290,600,000 294,700,000 289,200,000 293,600,000 269,100,000 262,100,000 258,000,000 257,200,000 467,900,000 227,900,000 231,000,000 216,900,000 211,800,000 206,100,000 230,500,000 230,600,000 232,100,000 232,700,000 234,600,000 233,000,000 233,300,000 235,500,000 254,600,000 239,000,000 229,100,000 234,200,000 232,600,000 229,700,000 226,200,000 218,500,000 220,300,000 212,200,000 195,800,000 212,500,000 216,600,000 222,200,000 217,500,000 217,600,000 214,600,000 217,100,000 217,100,000 197,100,000 200,600,000 226,600,000 224,100,000 218,000,000 212,900,000 
      deferred income taxes
    		42,900,000 -533,800,000 -6,300,000 5,000,000 -81,200,000 -6,600,000 13,500,000 -10,600,000 -43,100,000 15,200,000 13,800,000 -36,700,000 17,700,000 35,600,000 15,700,000 7,000,000 10,900,000 28,500,000 47,600,000 5,000,000 105,000,000 30,600,000 24,400,000 19,800,000 10,300,000 28,500,000 -1,000,000  -94,400,000 -76,700,000 40,100,000 -9,500,000 -45,000,000 -23,600,000 -17,500,000 -6,600,000 44,100,000 42,900,000 -15,600,000 -35,000,000 27,300,000 26,200,000 55,700,000 33,400,000 3,400,000 33,000,000 4,400,000 -24,400,000 -4,600,000 37,400,000 -47,900,000 60,000,000 26,800,000 26,300,000 111,500,000 12,100,000 64,400,000 -2,300,000 15,500,000 115,300,000 -83,400,000 42,400,000 -600,000 -104,200,000 13,800,000 20,800,000 -10,800,000 
      tax reform repatriation
    		0                       0 3,200,000 0 46,200,000 -69,700,000 310,300,000 310,300,000                                      
      gain on sale of business
    		                                                                   
      business and asset actions
    		24,100,000   0 0   0 59,000,000                                                           
      undistributed earnings of equity method investments
    		-8,400,000 -81,000,000 -48,400,000  -5,900,000   -131,100,000 -52,000,000   -29,900,000 16,000,000 -83,500,000 -117,300,000 -60,400,000 -19,100,000 -47,900,000 -10,800,000                                                 
      gain on sale of assets and investments
    		-34,600,000 -2,200,000 -10,100,000 -8,100,000 -5,100,000 -16,800,000 -1,400,000 -10,600,000 -1,300,000 -1,600,000 -2,300,000 -2,700,000 -9,600,000 -11,000,000 -800,000 -6,900,000 -4,100,000 -25,100,000 -1,100,000 -8,900,000 3,600,000 -39,400,000 -1,100,000  -15,200,000 -1,600,000 -700,000  -2,400,000 -600,000 -16,400,000 -1,400,000 -1,500,000 -5,000,000                 -2,600,000 -700,000 -200,000 -4,900,000         1,900,000   -6,200,000 -6,700,000 
      share-based compensation
    		11,000,000 38,300,000 16,400,000 15,600,000 17,700,000 14,700,000 13,800,000 14,100,000 14,600,000 15,100,000 16,100,000 11,400,000 10,500,000 10,700,000 15,800,000 9,900,000 12,200,000 12,600,000 9,800,000 14,100,000 12,500,000 13,000,000 13,900,000 10,200,000 9,800,000 11,900,000 9,300,000 8,400,000 22,500,000 11,800,000 12,500,000 8,900,000 9,500,000 9,000,000 9,000,000 9,100,000 9,300,000 10,200,000 8,400,000 12,500,000 12,900,000 11,900,000 11,500,000 9,100,000 11,600,000 11,800,000 10,500,000 10,600,000 12,300,000 10,100,000 7,600,000 8,800,000 15,600,000 11,800,000 11,700,000 11,200,000 11,700,000 10,200,000 12,000,000 7,700,000 15,000,000 12,600,000 17,500,000 14,100,000 15,900,000 17,100,000 17,800,000 
      noncurrent lease receivables
    		12,100,000 13,000,000 15,000,000 57,000,000 19,000,000 20,200,000 20,000,000 18,700,000 21,400,000 20,100,000 19,400,000 28,500,000 21,600,000 22,100,000 21,800,000 20,500,000 34,900,000 21,500,000 21,900,000 22,500,000 22,000,000 23,600,000 23,500,000                                             
      other adjustments
    		119,200,000 34,800,000 -122,600,000 147,400,000 9,900,000 -6,800,000 33,300,000 -255,300,000 81,400,000 -28,100,000 99,000,000 -165,700,000 -38,200,000 -51,600,000 -49,400,000 -89,900,000 -20,300,000 -25,800,000 19,300,000 8,800,000 53,600,000 23,200,000 30,800,000  2,800,000 -16,200,000 12,700,000 154,800,000 44,700,000 5,300,000 54,700,000 76,700,000 23,300,000 10,700,000 71,600,000 68,600,000 57,000,000 -42,000,000 115,100,000 -4,300,000 1,900,000 -60,500,000 -41,800,000 27,800,000 60,800,000 14,200,000 -238,100,000 68,800,000 32,100,000 60,800,000 75,900,000 500,000 30,200,000 17,900,000 10,300,000 7,700,000 22,100,000 29,600,000 -44,500,000 30,100,000 46,800,000       
      working capital changes that provided (used) cash, excluding effects of acquisitions:
    		                                                                   
      trade receivables
    		-24,500,000 -19,100,000 -47,800,000 -100,600,000 -41,300,000 19,100,000 11,800,000 179,900,000 -211,200,000 121,600,000 40,400,000 -85,500,000 -186,600,000 -70,400,000 -132,700,000 -46,200,000 -9,500,000 -30,700,000 -44,100,000 149,400,000 5,700,000 -112,800,000 900,000  -84,100,000 18,200,000 -73,600,000  -30,200,000 -34,200,000 -47,900,000 28,100,000 -96,100,000 42,300,000 126,700,000 -221,600,000 -63,900,000 97,100,000 -4,100,000 -49,200,000 1,300,000 22,300,000 74,400,000 4,900,000 -64,300,000 -17,700,000 93,700,000 -106,700,000 -33,200,000 51,000,000 16,800,000 -58,000,000 -41,700,000 27,800,000 2,000,000 -23,500,000 -70,500,000 -11,500,000 8,800,000 -27,000,000 -6,300,000 64,600,000 101,700,000 -38,000,000 -85,200,000 -77,400,000 -42,000,000 
      inventories
    		-11,200,000 -30,800,000 6,400,000 -26,800,000 -38,300,000 -24,100,000 -48,600,000 4,100,000 -21,200,000 -9,500,000 -102,800,000 -13,500,000 -23,500,000 -23,600,000 -33,700,000 -10,800,000 -11,000,000 -15,500,000 -9,900,000 20,100,000 -8,800,000 -8,100,000 -8,400,000  700,000 -3,800,000 -10,400,000  5,500,000 -8,400,000 -38,400,000 24,100,000 10,800,000 9,900,000 -6,900,000 29,300,000 24,500,000 -14,000,000 5,900,000 16,400,000 2,000,000 -16,000,000 -36,100,000 -21,000,000 21,700,000 11,900,000 6,500,000 15,400,000 10,600,000 42,500,000 20,100,000 1,100,000 3,400,000 -23,300,000 -57,900,000 -28,700,000 -5,000,000 -10,200,000 -56,400,000 -18,100,000 30,900,000 12,000,000 -53,700,000 -3,500,000 -8,600,000 -27,300,000 1,900,000 
      other receivables
    		-109,300,000 -2,500,000 9,000,000 -48,000,000 114,000,000 32,900,000 -64,500,000 4,700,000 -35,500,000 -56,300,000 -6,700,000 21,000,000 -36,600,000 -200,000 14,000,000 21,900,000 37,900,000 45,800,000 -30,100,000 107,600,000 -22,500,000 -2,100,000 1,400,000 9,200,000 21,000,000 39,300,000 10,300,000 27,700,000 23,200,000 23,800,000 44,700,000 -38,400,000 125,600,000 -7,200,000 61,900,000 -16,700,000 -33,700,000 -23,700,000 101,600,000 22,900,000 -47,900,000 -27,300,000 -29,900,000 600,000 -2,800,000 -900,000 -11,100,000 -10,200,000 8,700,000 -64,400,000 -26,900,000 -5,600,000 6,000,000 8,200,000 11,200,000 -8,000,000 -600,000 11,600,000  11,800,000 33,800,000 56,500,000 -74,200,000     
      payables and accrued liabilities
    		-167,400,000 -78,200,000 30,500,000 -163,600,000 125,900,000 -32,500,000 -268,500,000 162,100,000 75,900,000 -193,700,000 -257,600,000 212,400,000 197,000,000 -44,500,000 167,600,000 48,100,000 4,100,000 111,500,000 24,200,000 152,800,000 -72,900,000 3,600,000 -115,400,000  30,700,000 -70,100,000 -55,400,000  -260,400,000 -113,500,000 263,700,000 78,700,000 -189,000,000 10,400,000 24,400,000 259,100,000 -113,100,000 -113,400,000 -21,100,000 107,100,000 66,800,000 5,000,000 -109,200,000 4,400,000 -64,800,000 -65,200,000 9,500,000 10,500,000 -157,600,000 7,300,000 219,700,000 24,100,000 64,100,000 -58,200,000 135,200,000 66,300,000 -4,600,000 -229,300,000 22,300,000 -289,900,000 -55,600,000 -214,700,000 -42,900,000 -1,300,000 12,700,000 -85,900,000 -24,200,000 
      other working capital
    		-53,600,000 -556,400,000 -14,600,000 392,000,000 89,800,000 -111,900,000 200,000 -16,200,000 21,900,000 -113,800,000 -10,900,000 41,100,000 20,600,000 -130,200,000 -8,500,000 41,900,000 31,500,000 -94,900,000 -47,500,000 33,700,000 -51,200,000 -71,500,000 -41,600,000 17,900,000 -13,100,000 -53,600,000 57,500,000  13,300,000 5,500,000 -104,000,000 1,400,000 -83,000,000 31,600,000 -61,300,000 17,300,000 -34,000,000 20,600,000 1,600,000 35,400,000 -56,700,000 15,400,000 41,700,000 -27,400,000 23,400,000 15,200,000 -44,200,000 -24,000,000 20,100,000 -16,000,000 -64,400,000 126,500,000 -142,400,000 45,700,000 15,900,000 8,300,000 -56,000,000 34,000,000 44,300,000 -76,100,000 99,100,000       
      cash from operating activities
    		855,800,000 328,100,000 811,700,000 957,000,000 1,261,400,000 801,700,000 626,600,000 1,002,300,000 845,400,000 638,700,000 719,300,000 957,400,000 908,200,000 519,800,000 785,200,000 826,300,000 928,600,000 805,600,000 774,700,000 1,251,500,000 774,700,000 571,500,000 667,000,000 966,500,000 717,600,000 630,600,000 655,200,000 691,400,000 1,110,100,000 564,100,000 920,700,000 752,200,000 286,900,000 574,300,000 873,100,000 746,800,000 514,000,000 573,500,000 779,900,000 690,700,000 480,600,000 486,600,000 602,400,000 559,300,000 478,500,000 546,200,000 501,900,000 453,000,000 319,800,000 278,400,000 520,500,000 513,400,000 300,500,000 430,700,000 624,500,000 502,000,000 290,100,000 336,600,000 489,200,000 193,900,000 403,500,000 254,500,000 199,200,000 472,700,000 266,000,000 368,000,000 425,100,000 
      investing activities
    		                                                                   
      additions to plant and equipment, including long-term deposits
    		-1,495,800,000 -1,891,500,000 -2,117,600,000 -2,075,200,000 -1,606,600,000 -1,669,400,000 -1,445,500,000 -1,462,900,000 -1,322,400,000 -1,006,900,000 -834,200,000 -787,400,000 -705,500,000 -769,800,000 -663,800,000 -616,400,000 -620,000,000 -563,600,000 -664,200,000 -463,800,000                                                
      acquisitions, less cash acquired
    		           0 0 -30,500,000 -34,600,000 -700,000         -700,000    -271,400,000 -237,100,000         0 0 -11,900,000 -22,600,000     -99,300,000    -689,600,000 -147,400,000   -900,000    0 -9,900,000 -28,200,000 0 -1,600,000 -1,400,000 -300,000 -1,400,000 -506,800,000 
      investment in and advances to unconsolidated affiliates
    		0       0 0   -7,500,000 0 -18,200,000 -1,632,700,000 -100,000 -6,100,000   0 -1,700,000 -15,600,000 -7,100,000  -14,300,000      0 800,000 -100,000 -8,800,000     0        1,100,000 0   0 -154,200,000 0 -21,200,000 200,000 -21,800,000   -100,000 -3,000,000 -1,000,000 0 -100,000    1,100,000 
      investment in financing receivables
    		-18,000,000 -20,500,000 -15,300,000 -6,800,000 -3,800,000 -90,600,000 -301,800,000 -100,000                                                            
      proceeds from sale of assets and investments
    		148,900,000 2,100,000 34,400,000 1,852,500,000 6,100,000 16,000,000 4,200,000 12,100,000 6,100,000 3,200,000 4,000,000 13,400,000 7,500,000 24,200,000 1,100,000 7,500,000 15,200,000 12,200,000 2,600,000 6,000,000 6,300,000 52,800,000 15,200,000 2,300,000 5,000,000 2,700,000 1,100,000 3,000,000 34,400,000 10,600,000 21,800,000 7,200,000 2,100,000 11,400,000 8,900,000 6,000,000 23,400,000 47,200,000 40,200,000 4,300,000 7,100,000 3,700,000 11,600,000 22,800,000 5,700,000 5,500,000 27,400,000 19,000,000 3,600,000 2,800,000 39,000,000 1,000,000 600,000 11,900,000 19,300,000 11,000,000 18,100,000 33,200,000 19,800,000 13,100,000 5,100,000 6,100,000 18,900,000 4,300,000 5,500,000 9,000,000 29,600,000 
      purchases of short-term investments
    		                                                                   
      proceeds from short-term investments
    		                                                                   
      other investing activities
    		51,800,000 31,900,000 29,000,000 26,500,000 15,800,000 17,200,000 12,900,000 0 56,000,000 -52,900,000 1,700,000 100,000 400,000 100,000 6,400,000 1,700,000 1,000,000 -200,000 3,300,000 1,000,000 1,000,000 0 1,900,000  -1,900,000 -400,000 3,100,000  -2,600,000 1,500,000 -800,000 100,000 -100,000 -1,500,000 0 800,000 -4,500,000 2,000,000 -800,000 -2,100,000 -700,000 2,200,000 -2,200,000 1,200,000   800,000 -1,300,000 100,000 -1,600,000                  
      cash from investing activities
    		-1,261,600,000 -2,237,300,000 -2,182,100,000 -145,400,000 -1,547,800,000 -1,560,400,000 -1,665,600,000 -1,516,600,000 -1,923,800,000 -2,219,800,000 -256,200,000 -1,013,100,000 -208,300,000 -916,700,000 -1,719,100,000 -414,900,000 -1,734,800,000 -601,400,000 18,200,000 770,900,000 -3,624,500,000 -445,700,000 -260,700,000  -553,400,000 -655,600,000 -226,500,000 1,057,500,000 -544,900,000 -484,900,000 393,100,000 141,600,000 -1,714,300,000 -238,100,000 -249,600,000 -255,700,000 -165,300,000 -301,400,000 -360,700,000 -399,200,000 -376,600,000 -463,200,000 -407,900,000 -438,700,000 -405,800,000 -385,600,000 -478,800,000 -516,000,000 -346,400,000 -355,800,000 -993,900,000 -677,700,000 -406,600,000 -357,000,000 -361,000,000 -370,700,000 -203,700,000 -276,800,000 -248,600,000 -275,400,000 -228,000,000 -245,600,000 -305,300,000 -270,700,000 -253,400,000 -400,100,000 -730,500,000 
      financing activities
    		                                                                   
      long-term debt proceeds
    		1,975,700,000 1,543,300,000 459,200,000 558,400,000 470,900,000 2,838,600,000 810,400,000 1,399,900,000 224,700,000 1,415,300,000 476,300,000 409,200,000 269,500,000 35,900,000 51,600,000 18,000,000 68,100,000   100,000        0 500,000  200,000 900,000 100,000 1,200,000 573,500,000    800,000 700,000 336,400,000 900,000 403,700,000 18,100,000 37,800,000 1,400,000 405,100,000 18,100,000 426,700,000 77,300,000 490,800,000 9,500,000 0 400,100,000 350,600,000 16,200,000 4,500,000 38,500,000 115,300,000 53,100,000 6,600,000 5,300,000 109,000,000 19,100,000 301,100,000 160,500,000  
      payments on long-term debt
    		-47,800,000 -320,200,000 -12,100,000 -409,500,000 -12,000,000 -9,900,000 -54,800,000 -9,600,000 -9,800,000 -400,100,000 -195,900,000 0 0 0 -400,000,000 -100,000 -446,900,000 -14,800,000 -1,100,000 -403,200,000 0 -600,000 -2,800,000  -2,700,000 -100,000 -2,600,000  -409,200,000 -408,600,000 -400,000 -13,800,000 -455,300,000 -14,400,000 -358,700,000 -56,100,000 -4,700,000 -65,500,000 -149,500,000 -174,600,000 -346,100,000 -38,500,000 -16,900,000 -100,500,000 -57,200,000 -434,000,000 -21,800,000 -23,700,000 -327,000,000 -65,000,000 -13,000,000 -469,000,000 -5,300,000 -3,300,000 -4,700,000 -10,300,000 -34,500,000 -137,600,000 -326,600,000 -26,000,000 -25,800,000 -2,800,000 -41,400,000 -3,100,000 -53,100,000 -41,600,000 -19,100,000 
      net increase in commercial paper and short-term borrowings
    		      1,020,900,000 -299,100,000 583,600,000 -12,200,000 -4,100,000 -237,100,000 44,100,000 97,800,000 113,100,000 -37,700,000 5,100,000 29,100,000 4,500,000     -33,800,000          -772,200,000 290,600,000 -435,000,000 -45,300,000 45,500,000 162,000,000 67,700,000 300,000 54,000,000 -274,000,000 51,800,000 31,800,000 339,100,000 -343,100,000 176,400,000 -104,700,000 709,100,000 181,300,000 18,700,000   -177,600,000 70,600,000    -51,600,000 -84,000,000 37,500,000 145,700,000 -320,900,000 -35,200,000 120,100,000 431,400,000 
      dividends paid to shareholders
    		-398,300,000 -393,800,000 -393,600,000 -393,500,000 -393,500,000 -389,000,000 -388,900,000 -388,700,000 -388,700,000 -359,800,000 -359,400,000 -359,400,000 -359,200,000 -332,600,000 -332,100,000 -332,000,000 -332,000,000 -296,500,000 -296,200,000 -296,000,000 -295,900,000 -256,000,000 -255,700,000  -255,300,000 -241,600,000 -241,500,000  -415,500,000 -207,500,000 -207,000,000 -206,900,000 -187,100,000 -186,900,000 -186,300,000 -185,800,000 -174,700,000 -174,400,000 -174,100,000 -174,000,000 -165,000,000 -164,400,000 -164,000,000 -163,500,000 -150,300,000 -149,900,000 -148,800,000 -147,900,000 -132,900,000 -136,000,000 -135,500,000 -135,300,000 -122,200,000 -121,900,000 -123,700,000 -122,900,000 -105,300,000 -104,800,000 -104,100,000 -95,100,000 -94,500,000 -92,200,000 -92,100,000 -92,700,000 -81,500,000 -81,900,000 -82,400,000 
      proceeds from stock option exercises
    		0 0 1,100,000 1,700,000 500,000 400,000 5,300,000 4,500,000 2,400,000 3,100,000 14,000,000 3,000,000 1,900,000 1,100,000 13,300,000 2,500,000 3,400,000 3,100,000 1,600,000 10,900,000 3,000,000 14,700,000 5,500,000 4,800,000 17,900,000 40,700,000 4,700,000 18,000,000 52,700,000 34,400,000 30,200,000 18,300,000 9,200,000 10,700,000 65,100,000 40,700,000 25,200,000 10,300,000 28,800,000 15,300,000 35,100,000 42,100,000 35,100,000 48,800,000 37,800,000 19,900,000 93,300,000 70,400,000 35,700,000 27,000,000 35,600,000 12,800,000 68,000,000 7,900,000 23,800,000 51,800,000 35,800,000 36,800,000 45,800,000 27,700,000 8,100,000 5,700,000 1,100,000 39,100,000 8,800,000 33,000,000 41,500,000 
      investments by noncontrolling interests
    		130,200,000 74,800,000 280,900,000 149,800,000 136,100,000 108,100,000 34,500,000 46,100,000 116,000,000                                                           
      other financing activities
    		-19,700,000 -20,300,000 -39,800,000 -6,800,000 -15,400,000 -45,700,000 -64,600,000 -126,500,000 -32,700,000 -30,100,000 -16,500,000 -25,200,000 17,200,000 -2,700,000 -31,000,000 -5,100,000 2,400,000 -9,800,000 -15,900,000 -25,700,000 -44,800,000 -2,700,000 -6,900,000  -5,200,000 -400,000 -12,400,000  -21,700,000 -18,700,000 -10,100,000 -8,500,000 -9,800,000 -12,900,000 -9,500,000 -9,400,000 -6,200,000 -18,800,000 -11,500,000 -11,200,000 -14,700,000 -19,400,000 -11,300,000 -9,100,000 -7,900,000 -18,800,000 -6,300,000 -8,900,000 -18,100,000 -1,800,000 -10,800,000 -2,900,000 -13,100,000 -100,000 -28,600,000 -3,600,000 -500,000 1,300,000 1,700,000         
      cash from financing activities
    		1,209,200,000 1,550,900,000 274,200,000 -232,300,000 135,200,000 1,349,700,000 1,362,800,000 510,700,000 495,500,000 689,000,000 -85,600,000 -188,500,000 -26,500,000 -200,500,000 -585,100,000 -217,800,000 -699,900,000 -196,100,000 -307,100,000 -720,800,000 4,543,300,000 -267,500,000 -270,300,000  -201,000,000 -170,000,000 -289,800,000  -815,600,000 -641,100,000 -186,500,000 -192,600,000 -687,300,000 -974,500,000 379,700,000 -251,900,000 -200,900,000 -198,000,000 -416,700,000 -272,100,000 -144,700,000 -111,900,000 -21,600,000 -145,000,000 -99,500,000 -238,200,000 -9,700,000 82,400,000 -114,400,000 157,100,000 559,200,000 -564,500,000 15,200,000 -88,300,000 -252,100,000 23,500,000 -65,300,000 -190,600,000 -279,700,000 -83,700,000 -187,700,000 -44,900,000 122,900,000 -334,000,000 -226,100,000 21,900,000 299,800,000 
      effect of exchange rate changes on cash
    		29,500,000 4,200,000 -38,000,000 24,700,000 -8,100,000 -18,600,000 21,800,000 -17,700,000 -21,800,000 3,500,000 42,500,000 -61,800,000 -64,700,000 -7,600,000 3,800,000 -16,300,000 11,400,000 -16,500,000 49,200,000 30,000,000 7,800,000 -44,300,000 21,400,000  -2,300,000 7,600,000 -6,900,000  28,200,000 14,000,000 11,900,000 9,300,000 8,400,000 -16,200,000 3,800,000 -3,200,000 8,300,000 -1,400,000 -11,400,000 200,000 -2,400,000 -9,300,000 -16,800,000 5,100,000 -3,900,000 4,300,000 17,200,000 -5,400,000 -7,500,000 7,100,000 6,900,000 -29,200,000 4,300,000 -600,000 -19,000,000 5,000,000 2,000,000 3,700,000 8,100,000  2,800,000 -2,800,000 -1,800,000 1,700,000 1,700,000 1,700,000 0 
      increase in cash and cash items
    		832,900,000 -354,100,000 -1,134,200,000 604,000,000 -159,300,000 572,400,000 345,600,000    420,000,000   -605,000,000 -1,515,200,000 177,300,000 -1,494,700,000 -1,700,000 535,000,000 1,331,600,000   157,400,000    132,000,000  -206,700,000  941,000,000 463,300,000 1,202,500,000 -664,000,000 986,500,000 201,700,000 34,000,000 72,700,000        -62,800,000    91,200,000 93,200,000    -7,600,000     -165,200,000 -9,400,000 -38,800,000 15,000,000 -12,600,000 42,300,000 56,000,000 -5,600,000 
      cash and cash items – beginning of year
    		0 0 2,979,700,000 0 0 0 1,617,000,000 0 0 0 2,711,000,000 0 0 0 4,468,900,000 0 0 0 5,253,000,000 0 0 0 2,248,700,000 0 0 0 2,791,300,000 0 3,273,600,000 3,273,600,000 0 0 0 1,330,800,000 0 0 0 206,400,000 0 0 0 336,600,000  0 0 450,400,000  0 0 454,400,000  0 0 422,500,000  0 0 374,300,000          
      cash and cash items – end of period
    		832,900,000 -354,100,000 1,845,500,000 604,000,000 -159,300,000 572,400,000 1,962,600,000 -20,700,000 -604,700,000 -888,600,000 3,131,000,000 -246,400,000 608,700,000 -605,000,000 2,953,700,000 177,300,000 -1,494,700,000 -1,700,000 5,788,000,000 1,331,600,000 1,701,300,000 -186,000,000 2,406,100,000 -448,100,000 -39,100,000 -187,400,000 2,923,300,000 -195,200,000 3,066,900,000 2,722,600,000 941,000,000 463,300,000 1,202,500,000 666,800,000 986,500,000 201,700,000 34,000,000 279,100,000 -8,900,000 19,600,000 -43,100,000 238,800,000  -19,300,000 -30,700,000 387,600,000  17,200,000 -144,000,000 545,600,000  28,200,000 -74,300,000 407,300,000  159,800,000 23,100,000 247,200,000          
      common stock
    		                                                                   
      balance as of 30 september 2024
    		0 1,003,800,000 249,400,000                                                                 
      other comprehensive income
    		                                                                   
      dividends on common stock
    		                                                                   
      distributions to noncontrolling interests
    		                                                                   
      issuance of treasury shares for stock option and award plans
    		-1,000,000                                                                   
      purchase of noncontrolling interests
    		                                                                   
      other equity transactions
    		                                                                   
      balance as of 30 june 2025
    		                                                                   
      less: net income attributable to noncontrolling interests
    		 -6,900,000 32,400,000  12,300,000 8,500,000 12,300,000  14,900,000 10,100,000 11,600,000            13,300,000            6,900,000 7,300,000 7,800,000 8,400,000 5,500,000 14,400,000 6,900,000 12,900,000 -25,000,000 9,500,000 8,000,000 8,900,000 10,200,000 10,000,000 9,200,000 8,900,000 3,600,000 8,000,000 6,200,000 8,200,000 14,300,000 8,500,000 7,200,000 7,300,000 5,900,000 5,000,000        
      purchases of investments
    		 0 -117,600,000 0 -5,000,000 -80,900,000 -55,500,000 -196,700,000 -152,900,000 -271,300,000 -19,200,000 -389,900,000 -338,500,000 -182,000,000 -727,400,000 -146,900,000 -1,384,800,000 -410,500,000 -158,500,000 -350,000,000     0 0 -5,300,000  -345,700,000 -212,200,000 -204,000,000 -665,400,000                                    
      proceeds from investments
    		 6,100,000 5,000,000 57,600,000 45,700,000 247,300,000 120,100,000 131,000,000 154,400,000 20,100,000 591,500,000 158,200,000 827,800,000 59,500,000 1,331,900,000 340,000,000 269,700,000 410,500,000 855,000,000 1,761,000,000 0 0 177,000,000 0 2,600,000 9,900,000 178,000,000 3,000,000 612,900,000 208,900,000 817,200,000 1,073,500,000                                    
      increase in commercial paper and short-term borrowings
    		 667,100,000 -21,500,000 -106,600,000                                                                
      balance as of 31 march 2025
    		                                                                   
      balance as of 31 december 2024
    		  249,400,000                                                                 
      net income (income) from discontinued operations
    		                                                                   
      undistributed earnings to equity method investments
    		                                                                   
      discontinued operations
    		                                                                   
      cash from discontinued operations
    		               0 0           0 15,500,000 -3,100,000 -198,200,000 -247,200,000 3,308,800,000 -9,500,000 -20,500,000 -34,300,000       -157,100,000 0 0 10,500,000 1,000,000 3,200,000 4,500,000 4,400,000 500,000 786,200,000            117,700,000 254,100,000 64,500,000  
      balance as of 30 september 2021
    		                                                                   
      other comprehensive loss
    		                                                                   
      balance as of 30 september 2022
    		                                                                   
      balance as of 30 september 2023
    		   0 0                                                               
      balance as of 30 june 2024
    		                                                                   
      decrease in commercial paper and short-term borrowings
    		                                                                   
      balance as of 31 march 2024
    		                                                                   
      (undistributed) distributed earnings of equity method investments
    		      -41,500,000                                                             
      balance at 30 september 2023
    		      249,400,000                                                             
      balance at 31 december 2023
    		      249,400,000                                                             
      facility closure
    		               0 0       0 0 0 29,000,000                                         
      decrease in cash and cash items
    		       -20,700,000 -604,700,000                -39,100,000     -551,000,000         -8,900,000 19,600,000 -43,100,000 -97,800,000      17,200,000     -74,300,000 -15,200,000   23,100,000 -127,100,000          
      balance as of 30 september 2020
    		                                                                   
      balance at 30 september 2022
    		        0 0 249,400,000                                                         
      dividends to noncontrolling interests
    		                                                                   
      balance at 30 june 2023
    		                                                                   
      balance at 31 march 2023
    		                                                                   
      distributed (undistributed) earnings of equity method investments
    		          17,200,000                                                         
      balance at 31 december 2022
    		          249,400,000                                                         
      net (income) income from discontinued operations
    		                                                                   
      balance as of 30 september 2019
    		                                                                   
      investments by noncontrolling interest
    		                                                                   
      income from discontinued operations
    		                  -10,300,000  0             -48,200,000 8,000,000 8,900,000        0 0 -3,100,000  -600,000 -1,100,000 -1,400,000 -1,600,000 -127,300,000                
      income from continuing operations attributable to air products
    		            582,100,000 530,500,000 560,400,000 558,600,000 525,400,000 473,100,000 471,700,000 486,800,000 446,500,000   503,200,000 488,000,000 421,300,000 347,500,000 452,900,000 572,000,000 155,600,000 474,200,000 104,200,000 304,400,000 251,600,000 402,000,000 355,700,000   344,500,000 318,800,000 290,000,000 324,600,000 102,500,000 314,000,000 283,500,000 287,100,000 150,200,000 287,800,000 289,300,000 276,900,000 137,100,000 357,200,000                
      balance at 30 september 2021
    		            0 0 249,400,000                                                     
      balance at 30 june 2022
    		                                                                   
      balance at 31 march 2022
    		                                                                   
      balance at 31 december 2021
    		              249,400,000                                                     
      (income) income from discontinued operations
    		               -51,800,000 -8,200,000            1,000,000 1,000,000  2,300,000                                    
      fiscal year ended 30 september
    		                                                                   
      balance 30 september 2018
    		                                                                   
      cumulative change in accounting principle
    		                                                                   
      balance 30 september 2019
    		                                                                   
      balance 30 september 2020
    		                                                                   
      balance 30 september 2021
    		                                                                   
      less: net income attributable to noncontrolling interest of continuing operations
    		                -1,300,000 4,000,000 4,700,000                                                 
      balance at 30 september 2020
    		                0 0 249,400,000                                                 
      balance at 30 june 2021
    		                                                                   
      balance at 31 march 2021
    		                                                                   
      investment in and advances to equity method investments
    		                  -20,000,000                                                 
      balance at 31 december 2020
    		                  249,400,000                                                 
      loss (income) from discontinued operations
    		                                                                   
      undistributed (earnings) losses of unconsolidated affiliates
    		                   -50,900,000 -9,400,000 -75,400,000 -26,200,000                                             
      year ended 30 september
    		                                                                   
      balance 30 september 2017
    		                                                                   
      lu'an joint venture
    		                                                                   
      net decrease in commercial paper and short-term borrowings
    		                    -14,700,000 -22,900,000 -10,400,000   31,400,000 -38,000,000  -22,400,000 -40,700,000  17,400,000                      -315,400,000    -33,300,000          
      balance at 30 september 2019
    		                    0 0 249,400,000                                             
      balance at 30 june 2020
    		                                                                   
      additions to plant and equipment
    		                     -482,900,000 -447,700,000  -544,100,000 -560,100,000 -403,400,000  -572,500,000 -256,600,000 -232,900,000 -274,600,000 -293,000,000 -239,200,000 -258,500,000 -262,500,000 -184,200,000 -350,600,000 -400,100,000 -397,100,000 -371,100,000 -446,500,000 -419,300,000 -462,700,000 -411,100,000 -391,100,000 -408,800,000 -408,100,000 -350,300,000 -357,000,000 -354,500,000 -431,600,000 -385,200,000 -349,700,000 -386,400,000 -352,600,000 -305,800,000 -306,900,000 -273,700,000 -288,800,000 -283,500,000 -324,100,000 -291,700,000 -273,000,000 -258,300,000 -271,200,000  
      balance at 31 march 2020
    		                                                                   
      balance at 31 december 2019
    		                      249,400,000                                             
      undistributed earnings of unconsolidated affiliates
    		                        -29,700,000    3,100,000 34,000,000 -25,700,000 -2,900,000 -24,600,000 -6,900,000 -16,900,000 -27,200,000 -14,700,000 7,000,000 -28,000,000 -16,600,000 -26,700,000 -31,300,000 -39,300,000 -17,500,000   -11,600,000 -21,300,000   -10,800,000 -17,800,000 -14,600,000 -10,400,000 -29,100,000 -10,700,000 -22,600,000 14,900,000 -15,400,000 -8,400,000 -10,500,000 -24,100,000 -10,900,000 -17,000,000 -35,400,000 -7,200,000 -18,900,000 
      noncurrent capital lease receivables
    		                       22,900,000 24,100,000 22,800,000 24,800,000 23,700,000 47,200,000 23,300,000 22,800,000 24,000,000 23,100,000 22,300,000 24,000,000 21,300,000 27,700,000 12,500,000 -5,600,000 4,800,000 -600,000 -8,100,000 8,200,000 10,700,000 11,100,000 -10,000,000 -27,200,000 -1,000,000 -29,800,000 -93,400,000 -78,400,000 -94,200,000 -48,700,000 -61,200,000 -116,800,000 -57,300,000 -60,700,000 -37,700,000 -12,900,000 -30,700,000 -22,000,000 -15,900,000 -37,000,000 -42,000,000 -70,800,000 -47,700,000 -3,500,000 
      goodwill and intangible asset impairment charge
    		                              0                                     
      equity method investment impairment charge
    		                              0                                     
      write-down of long-lived assets associated with cost reduction actions
    		                                                                   
      balance 30 september 2016
    		                                                                   
      spin-off of versum
    		                                                                   
      balance at 30 september 2018
    		                        0 0 249,400,000                                         
      balance at 30 june 2019
    		                                                                   
      balance at 31 march 2019
    		                                                                   
      undistributed losses of unconsolidated affiliates
    		                          1,000,000                                         
      balance at 31 december 2018
    		                          249,400,000                                         
      less: net income attributable to noncontrolling interests of discontinued operations
    		                                                                   
      loss on extinguishment of debt
    		                                                                   
      working capital changes that provided (used) cash, excluding effects of acquisitions and divestitures:
    		                                                                   
      contracts in progress, less progress billings
    		                           15,100,000 -12,200,000  -700,000 -13,600,000 17,600,000 -22,600,000 28,700,000 27,900,000 -15,300,000 -20,000,000 36,500,000 17,100,000 -23,000,000 6,800,000 -4,300,000 -18,700,000 -15,000,000 32,600,000 -12,300,000 37,500,000 -19,100,000 -22,300,000 -26,200,000 -14,800,000 7,700,000 -9,600,000 -4,200,000 -21,700,000            
      less: cash and cash items – discontinued operations
    		                                 11,300,000                                  
      cash and cash items – continuing operations
    		                             2,722,600,000 941,000,000 463,300,000 1,213,800,000 655,500,000               -144,000,000 545,600,000  41,700,000                
      balance 30 september 2015
    		                                                                   
      tax benefit of stock option and award plans
    		                                                                   
      sales
    		                             254,800,000                                      
      cost of sales
    		                            3,300,000 179,000,000                                      
      selling and administrative
    		                            2,100,000 20,400,000                                      
      research and development
    		                             5,100,000                                      
      other income
    		                            700,000 -400,000                                      
      operating income
    		                             49,900,000                                      
      equity affiliates’ income
    		                             300,000                                      
      income before taxes
    		                            -4,700,000 50,200,000                                      
      income tax benefit
    		                            -300,000 -50,500,000                                      
      income from operations of discontinued operations, net of tax
    		                            -4,400,000 100,700,000                                      
      gain on disposal, net of tax
    		                            1,832,500,000                                       
      income from discontinued operations, net of tax
    		                            1,828,100,000 100,700,000                                  -19,300,000 -61,200,000 -6,700,000  
      write-down of long-lived assets associated with restructuring
    		                                0 45,700,000     19,600,000                             
      loss on disposal, net of tax
    		                                                                   
      (income) income from discontinued operations attributable to air products
    		                                                                   
      gain on previously held equity interest
    		                                      0 0 0 -17,900,000         0                 
      payment for subsidiary shares to noncontrolling interests
    		                                                                   
      balance 30 september 2014
    		                                                                   
      cash dividends
    		                                                                   
      share-based compensation expense
    		                                                                   
      other
    		                                                              -25,600,000 39,300,000 20,600,000 -30,100,000 34,600,000 
      1.
    		                                                                   
      (gain) loss on sale of assets and investments
    		                                                        -5,300,000 -800,000 -5,700,000         
      working capital changes that provided (used) cash, excluding effects of acquisitions and
    		                                                                   
      divestitures:
    		                                                                   
      debt issuance costs
    		                                                                   
      excess tax benefit from share-based compensation
    		                                  16,700,000 6,800,000 4,800,000 4,900,000 5,200,000 4,000,000 9,300,000 13,400,000 5,800,000 9,900,000 8,500,000 4,100,000 13,300,000 10,300,000 6,200,000 8,100,000 10,800,000 1,700,000 15,700,000 2,800,000 7,300,000 21,700,000 10,100,000 8,500,000 12,800,000 8,200,000        
      balance 30 september 2013
    		                                                                   
      loss on early retirement of debt
    		                                                                   
      purchase of treasury shares
    		                                              0 0 0 -461,600,000 0 0                
      payment for subsidiary shares from noncontrolling interests
    		                                          0    -1,400,000 -12,300,000   0 0 0 -58,400,000              
      balance 30 september 2012
    		                                                                   
      issuance of treasury shares for stock
    		                                                                   
      option and award plans
    		                                                                   
      supplemental cash flow information
    		                                                                   
      cash paid for taxes
    		                                       106,100,000 93,300,000 62,500,000                          
      benefit from spanish tax ruling
    		                                                  0 0                
      write-down of long-lived assets associated with restructuring / customer bankruptcy
    		                                                                   
      change in restricted cash
    		                                                  15,200,000 54,500,000 4,400,000 2,000,000 6,800,000 2,600,000 13,500,000 -3,100,000 5,400,000 13,200,000 41,500,000 72,400,000 -31,700,000 -3,300,000 3,400,000 -135,700,000  
      cash (used for) financing activities
    		                                                                   
      cash and cash items—beginning of year
    		                                                                   
      cash and cash items—end of period
    		                                                                   
      balance 30 september 2011
    		                                                                   
      indura business combination
    		                                                                   
      (decrease) in cash and cash items
    		                                                                   
      net income on airgas transaction
    		                                                      0 0            
      payment of airgas acquisition-related costs
    		                                                                   
      proceeds from sale of airgas stock
    		                                                      0 0            
      less: cash and cash items—discontinued operations
    		                                                                   
      cash and cash items—continuing operations
    		                                                                   
      balance 30 september 2010
    		                                                                   
      contribution from noncontrolling interests
    		                                                                   
      pension plan contributions
    		                                               -19,700,000 -8,900,000 -230,000,000                  
      investment in airgas stock
    		                                                          0         
      significant noncash transactions
    		                                                                   
      short-term borrowings associated with saga acquisition
    		                                                          6,300,000         
      noncurrent liability related to the purchase of shares from noncontrolling interests
    		                                                          2,200,000         
      balance 30 september 2009
    		                                                                   
      payment of acquisition-related costs
    		                                                      0 -2,400,000            
      adjustments to reconcile net income to cash from operating activities:
    		                                                                   
      impairment of assets of continuing operations
    		                                                          0 600,000 35,600,000       
      impairment of assets of discontinued operations
    		                                                            0 0 48,700,000     
      customer bankruptcy
    		                                                                   
      proceeds from sale of discontinued operations
    		                                                            38,100,000 0 900,000     
      purchase of treasury stock
    		                                                      -299,200,000 0        0 -370,500,000 -189,700,000 -125,700,000 
      cash and cash items—end of year
    		                                                                   
      balance 30 september 2008
    		                                                                   
      defined benefit plans measurement date change, net of tax of 14.0
    		                                                                   
      balance 30 september 2008, adjusted
    		                                                                   
      comprehensive income
    		                                                                   
      translation adjustments, net of tax of
    		                                                                   
      net income on derivatives, net of tax of
    		                                                                   
      unrealized holding gain on available-for-sale securities, net of tax of 1.4
    		                                                                   
      pension and postretirement benefits, net of tax of
    		                                                                   
      reclassification adjustments:
    		                                                                   
      currency translation adjustment
    		                                                                   
      derivatives, net of tax of
    		                                                                   
      pension and postretirement benefits, net of tax of 9.8
    		                                                                   
      translation adjustments, net of tax of 69.5
    		                                                                   
      unrealized holding gain on available-for-sale securities, net of tax of 12.1
    		                                                                   
      derivatives, net of tax of 7.0
    		                                                                   
      available-for-sale securities, net of tax of
    		                                                                   
      pension and postretirement benefits, net of tax of 29.5
    		                                                                   
      significant noncash transactions:
    		                                                                   
      significant noncash transaction:
    		                                                                   
      impairment of assets
    		                                                         600,000     32,100,000     
      acquisition-related costs
    		                                                         31,500,000 31,500,000         
      contracts in progress
    		                                                         9,800,000 -38,500,000 9,300,000 18,800,000 17,600,000 -6,600,000 8,900,000 28,900,000 47,000,000 -36,500,000 
      gain on sale of discontinued operations
    		                                                                   
      net decrease in short-term borrowings
    		                                                                   
      cash paid for interest and taxes
    		                                                                   
      interest
    		                                                                   
      taxes
    		                                                                   
      loss on sale of assets and investments
    		                                                           400,000        
      cash and cash items — beginning of year
    		                                                           488,200,000 0 0 103,500,000 0 0 40,500,000 0 
      cash and cash items — end of period
    		                                                           323,000,000 -9,400,000 -38,800,000 118,500,000 -12,600,000 42,300,000 96,500,000 -5,600,000 
      (a) pension plan contributions
    		                                                           255,700,000  110,900,000 42,600,000     
      excess tax benefit from share-based compensation/other
    		                                                            1,900,000 1,600,000 600,000 24,500,000 4,300,000 21,500,000 12,100,000 
      pension and other postretirement costs
    		                                                             32,200,000 20,000,000     
      income tax provision
    		                                                                   
      income from operations of discontinued operations
    		                                                                   
      impairment/write-down to estimated net realizable value, net of tax
    		                                                                   
      operating activities from continuing operations
    		                                                                   
      income from continuing operations
    		                                                               50,800,000 253,100,000 257,000,000 284,900,000 
      u.s. healthcare impairment
    		                                                                   
      prepaid expenses
    		                                                               -31,100,000 -23,700,000 47,000,000 81,700,000 
      investing activities from continuing operations
    		                                                                   
      proceeds from insurance settlements
    		                                                                  0 
      financing activities from continuing operations
    		                                                                   
      gain on a sale of a chemical facility
    		                                                                   
      impairment of loans receivable
    		                                                                   
      investing activities from continuing operations additions to plant and equipment
    		                                                                   
      financing activities from continuing operations long-term debt proceeds
    		                                                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.