| Cash Flow | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Net income (loss) from continuing operations attributable to air products | -386.5 | 3,842.1 | 2,292.8 | 2,243.5 |
| Depreciation and amortization | 1,564.2 | 1,451.1 | 1,358.3 | 1,338.2 |
| Deferred income taxes | -554.8 | -69.3 | -24.7 | 32.3 |
| Facility closure | - | - | 0 | 0 |
| Tax reform repatriation | -34.9 | - | - | - |
| Business and asset actions | 3,747 | 57 | 244.6 | 73.7 |
| Gain on sale of business | 67.3 | 1,575.6 | - | - |
| Undistributed earnings of equity method investments | 269.8 | 206 | 261.2 | 214.7 |
| Gain on sale of assets and investments | 66.4 | 31.4 | 15.8 | 24.1 |
| Share-based compensation | 76.4 | 61.8 | 59.9 | 48.4 |
| Noncurrent lease receivables | -52.5 | -116.2 | -79.6 | -94 |
| Other adjustments | 48 | 183.8 | -103 | -304.9 |
| Trade receivables | 36.3 | 111 | -130.7 | 475.2 |
| Inventories | 35.8 | 137.8 | 129.4 | 94.3 |
| Other receivables | -7.1 | -34.4 | 93.8 | 1.8 |
| Payables and accrued liabilities | -224 | -338.7 | -213.3 | 532.5 |
| Other working capital | 562.6 | -370.1 | 119 | 77 |
| Cash provided by operating activities | 3,256.8 | 3,646.7 | 3,205.7 | 3,170.6 |
| Additions to plant and equipment, including long-term deposits | 7,022.6 | 6,796.7 | 4,626.4 | 2,926.5 |
| Acquisitions, less cash acquired | 59.9 | 0 | 0 | 65.1 |
| Investment in and advances to unconsolidated affiliates | 390.4 | - | 912 | 1,658.4 |
| Investment in financing receivables | 61.9 | 403 | 665.1 | - |
| Proceeds from sale of assets and investments | 245.8 | 1,878.8 | 25.4 | 46.2 |
| Purchases of investments | - | - | - | 1,637.8 |
| Purchases of short-term investments | 117.6 | 141.4 | 640.1 | - |
| Proceeds from investments | - | - | - | 2,377.4 |
| Proceeds from short-term investments | 122.5 | 470.7 | 897 | - |
| Proceeds from other investing activities | -115.4 | -72.4 | -4.8 | -7 |
| Cash used for investing activities | -7,168.7 | -4,919.2 | -5,916.4 | -3,857.2 |
| Long-term debt proceeds | 4,386.7 | 4,678.3 | 3,516.2 | 766.2 |
| Payments on long-term debt | 429.9 | 486.2 | 615.4 | 400 |
| Net (decrease) increase in commercial paper and short-term borrowings | -74.7 | -289.9 | 268.2 | 17.9 |
| Dividends paid to shareholders | 1,584.1 | 1,564.9 | 1,496.6 | 1,383.3 |
| Proceeds from stock option exercises | 1.1 | 7.9 | 24 | 19.3 |
| Investments by noncontrolling interests | 594.6 | 428.5 | 234.9 | 21 |
| Distributions to noncontrolling interests | 7.2 | 25.8 | 115.9 | - |
| Other financing activities | -91.3 | -132.5 | -205.8 | -41.7 |
| Cash provided by financing activities | 2,795.2 | 2,615.4 | 1,609.6 | -1,000.6 |
| Cash provided by operating activities | 0 | 0 | 0.6 | 59.6 |
| Cash provided by investing activities | 0 | 0 | 0 | 0 |
| Cash provided by financing activities | 0 | 0 | 0 | 0 |
| Cash provided by discontinued operations | 0 | 0 | 0.6 | 59.6 |
| Effect of exchange rate changes on cash | -7 | 19.8 | 6.5 | -130.3 |
| (decrease) increase in cash and cash items | -1,123.7 | 1,362.7 | -1,094 | -1,757.9 |
| Cash and cash equivalents at beginning of period | 2,979.7 | 1,617 | 2,711 | 4,468.9 |
| Cash and cash equivalents at end of period | 1,856 | 2,979.7 | 1,617 | 2,711 |
Air Products & Chemicals, Inc. (APD)
Air Products & Chemicals, Inc. (APD)