10-Q Filing

Air Products & Chemicals, Inc. CIK: 2969 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000002969-23-000023`
Period End Date	20230331
Filing Date	20230509
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	apd-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 76 Cash Flow Statement 86 Stockholders Equity 49 Comprehensive Income 64

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash items	`CashAndCashEquivalentsAtCarryingValue`	$2.71B	USD	Point-in-time
Cash and cash items	`CashAndCashEquivalentsAtCarryingValue`	$2.24B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$271.30M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$590.70M	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	249.46M	shares	Point-in-time
Treasury stock at cost, shares	`TreasuryStockCommonShares`	27.33M	shares	Point-in-time
Treasury stock at cost, shares	`TreasuryStockCommonShares`	27.62M	shares	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$1.71B	USD	Point-in-time
Trade receivables, net	`AccountsReceivableNetCurrent`	$1.79B	USD	Point-in-time
Inventories	`InventoryNet`	$645.60M	USD	Point-in-time
Inventories	`InventoryNet`	$514.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$156.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$224.70M	USD	Point-in-time
Other receivables and current assets	`OtherAssetsCurrent`	$622.90M	USD	Point-in-time
Other receivables and current assets	`OtherAssetsCurrent`	$515.80M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.28B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.72B	USD	Point-in-time
Investment in net assets of and advances to equity affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$4.42B	USD	Point-in-time
Investment in net assets of and advances to equity affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$3.35B	USD	Point-in-time
Plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$28.16B	USD	Point-in-time
Plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$30.75B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.00B	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.05B	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$14.16B	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$15.70B	USD	Point-in-time
Goodwill, net	`Goodwill`	$883.90M	USD	Point-in-time
Goodwill, net	`Goodwill`	$823.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$347.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$367.20M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$766.90M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$694.80M	USD	Point-in-time
Noncurrent lease receivables	`NetInvestmentInLeaseNoncurrent`	$583.10M	USD	Point-in-time
Noncurrent lease receivables	`NetInvestmentInLeaseNoncurrent`	$561.70M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$947.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.02B	USD	Point-in-time
Total Noncurrent Assets	`AssetsNoncurrent`	$23.71B	USD	Point-in-time
Total Noncurrent Assets	`AssetsNoncurrent`	$20.91B	USD	Point-in-time
Total Assets	`Assets`	$29.44B	USD	Point-in-time
Total Assets	`Assets`	$27.19B	USD	Point-in-time
Payables and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.77B	USD	Point-in-time
Payables and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.49B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$135.20M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$128.20M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$10.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$173.40M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$548.30M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.80B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.47B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$6.43B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.27B	USD	Point-in-time
Long-term debt related party	`NotesPayableRelatedPartiesNoncurrent`	$688.60M	USD	Point-in-time
Long-term debt related party	`NotesPayableRelatedPartiesNoncurrent`	$652.00M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$632.30M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$592.10M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.25B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.26B	USD	Point-in-time
Total Noncurrent Liabilities	`LiabilitiesNoncurrent`	$10.02B	USD	Point-in-time
Total Noncurrent Liabilities	`LiabilitiesNoncurrent`	$11.95B	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.49B	USD	Point-in-time
Total Liabilities	`Liabilities`	$14.75B	USD	Point-in-time
Commitments and Contingencies - See Note 13	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies - See Note 13	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock (par value $1 per share; issued 2023 and 2022 - 249,455,584 shares)	`CommonStockValue`	$249.40M	USD	Point-in-time
Common stock (par value $1 per share; issued 2023 and 2022 - 249,455,584 shares)	`CommonStockValue`	$249.40M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.16B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$1.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.78B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.52B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.79B	USD	Point-in-time
Treasury stock, at cost (2023 - 27,332,865 shares; 2022 - 27,616,888 shares)	`TreasuryStockCommonValue`	$1.97B	USD	Point-in-time
Treasury stock, at cost (2023 - 27,332,865 shares; 2022 - 27,616,888 shares)	`TreasuryStockCommonValue`	$1.98B	USD	Point-in-time
Total Air Products Shareholders Equity	`StockholdersEquity`	$14.06B	USD	Point-in-time
Total Air Products Shareholders Equity	`StockholdersEquity`	$13.14B	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$558.40M	USD	Point-in-time
Noncontrolling Interests	`MinorityInterest`	$631.90M	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.38B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.09B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.70B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.52B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.69B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$27.19B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$29.44B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$6.37B	USD	2 Qtrs
Sales	`Revenues`	$5.94B	USD	2 Qtrs
Sales	`Revenues`	$2.95B	USD	1 Quarter
Sales	`Revenues`	$3.20B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.28B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.38B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.15B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.56B	USD	2 Qtrs
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$459.80M	USD	2 Qtrs
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$227.00M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$251.20M	USD	1 Quarter
Selling and administrative expense	`SellingGeneralAndAdministrativeExpense`	$485.60M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$27.20M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$47.00M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$23.70M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$51.60M	USD	2 Qtrs
Business and asset actions	`RestructuringCharges`	$185.60M	USD	1 Quarter
Business and asset actions	`RestructuringCharges`	-	USD	1 Quarter
Business and asset actions	`RestructuringCharges`	-	USD	2 Qtrs
Business and asset actions	`RestructuringCharges`	$185.60M	USD	2 Qtrs
Other income (expense), net	`OtherIncomeExpenseNet`	$14.90M	USD	2 Qtrs
Other income (expense), net	`OtherIncomeExpenseNet`	$6.50M	USD	1 Quarter
Other income (expense), net	`OtherIncomeExpenseNet`	$19.10M	USD	1 Quarter
Other income (expense), net	`OtherIncomeExpenseNet`	$27.60M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$459.80M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$1.11B	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$561.90M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$1.08B	USD	2 Qtrs
Equity affiliates' income	`IncomeLossFromEquityMethodInvestments`	$165.90M	USD	1 Quarter
Equity affiliates' income	`IncomeLossFromEquityMethodInvestments`	$120.80M	USD	1 Quarter
Equity affiliates' income	`IncomeLossFromEquityMethodInvestments`	$268.60M	USD	2 Qtrs
Equity affiliates' income	`IncomeLossFromEquityMethodInvestments`	$275.90M	USD	2 Qtrs
Interest expense	`InterestExpense`	$40.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$32.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$82.10M	USD	2 Qtrs
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$-13.90M	USD	1 Quarter
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$-14.50M	USD	2 Qtrs
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$31.70M	USD	2 Qtrs
Other non-operating income (expense), net	`OtherNonoperatingIncomeExpense`	$9.10M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$570.90M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.29B	USD	2 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.32B	USD	2 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$659.50M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$121.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$122.70M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$236.00M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$257.40M	USD	2 Qtrs
Net Income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net Income	`ProfitLoss`	$536.80M	USD	1 Quarter
Net Income	`ProfitLoss`	$449.90M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.03B	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.50M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.10M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.70M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.30M	USD	1 Quarter
Net Income Attributable to Air Products	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net Income Attributable to Air Products	`NetIncomeLoss`	$530.50M	USD	1 Quarter
Net Income Attributable to Air Products	`NetIncomeLoss`	$439.80M	USD	1 Quarter
Net Income Attributable to Air Products	`NetIncomeLoss`	$1.01B	USD	2 Qtrs
Basic earnings per share attributable to Air Products	`EarningsPerShareBasic`	$4.91	USD	2 Qtrs
Basic earnings per share attributable to Air Products	`EarningsPerShareBasic`	$1.98	USD	1 Quarter
Basic earnings per share attributable to Air Products	`EarningsPerShareBasic`	$4.55	USD	2 Qtrs
Basic earnings per share attributable to Air Products	`EarningsPerShareBasic`	$2.39	USD	1 Quarter
Basic earnings per share attributable to Air Products	`EarningsPerShareDiluted`	$2.38	USD	1 Quarter
Basic earnings per share attributable to Air Products	`EarningsPerShareDiluted`	$4.90	USD	2 Qtrs
Basic earnings per share attributable to Air Products	`EarningsPerShareDiluted`	$4.54	USD	2 Qtrs
Basic earnings per share attributable to Air Products	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	222.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	222.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	222.30M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	222.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.70M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.50M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net Income	`ProfitLoss`	$536.80M	USD	1 Quarter
Net Income	`ProfitLoss`	$449.90M	USD	1 Quarter
Net Income	`ProfitLoss`	$1.03B	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.50M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.10M	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.70M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.30M	USD	1 Quarter
Net income attributable to Air Products	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income attributable to Air Products	`NetIncomeLoss`	$530.50M	USD	1 Quarter
Net income attributable to Air Products	`NetIncomeLoss`	$439.80M	USD	1 Quarter
Net income attributable to Air Products	`NetIncomeLoss`	$1.01B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$661.10M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$668.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$51.30M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$29.00M	USD	2 Qtrs
Business and asset actions	`RestructuringCharges`	$185.60M	USD	1 Quarter
Business and asset actions	`RestructuringCharges`	-	USD	1 Quarter
Business and asset actions	`RestructuringCharges`	-	USD	2 Qtrs
Business and asset actions	`RestructuringCharges`	$185.60M	USD	2 Qtrs
Undistributed earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$78.10M	USD	2 Qtrs
Undistributed earnings of equity method investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$200.80M	USD	2 Qtrs
Gain on sale of assets and investments	`GainLossOnDispositionOfAssets1`	$3.90M	USD	2 Qtrs
Gain on sale of assets and investments	`GainLossOnDispositionOfAssets1`	$11.80M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$31.20M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$26.50M	USD	2 Qtrs
Noncurrent lease receivables	`IncreaseDecreaseInLeasingReceivables`	$-39.50M	USD	2 Qtrs
Noncurrent lease receivables	`IncreaseDecreaseInLeasingReceivables`	$-43.90M	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	$-101.00M	USD	2 Qtrs
Other adjustments	`OtherOperatingActivitiesCashFlowStatement`	$70.90M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$203.10M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-162.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$112.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$57.30M	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-13.80M	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$63.00M	USD	2 Qtrs
Payables and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$123.10M	USD	2 Qtrs
Payables and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-451.30M	USD	2 Qtrs
Other working capital	`IncreaseDecreaseInOtherOperatingCapitalNet`	$138.70M	USD	2 Qtrs
Other working capital	`IncreaseDecreaseInOtherOperatingCapitalNet`	$124.70M	USD	2 Qtrs
Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.30B	USD	2 Qtrs
Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$1.36B	USD	2 Qtrs
Additions to plant and equipment, including long-term deposits	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.84B	USD	2 Qtrs
Additions to plant and equipment, including long-term deposits	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.43B	USD	2 Qtrs
Acquisitions, less cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.10M	USD	2 Qtrs
Acquisitions, less cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Investment in and advances to unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$912.00M	USD	2 Qtrs
Investment in and advances to unconsolidated affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.65B	USD	2 Qtrs
Proceeds from sale of assets and investments	`ProceedsFromSalesOfAssetsInvestingActivities`	$7.20M	USD	2 Qtrs
Proceeds from sale of assets and investments	`ProceedsFromSalesOfAssetsInvestingActivities`	$25.30M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$290.50M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$909.40M	USD	2 Qtrs
Proceeds from investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$1.39B	USD	2 Qtrs
Proceeds from investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$611.60M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$51.20M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.50M	USD	2 Qtrs
Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.64B	USD	2 Qtrs
Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.48B	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$87.50M	USD	2 Qtrs
Long-term debt proceeds	`ProceedsFromIssuanceOfLongTermDebt`	$1.89B	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$596.00M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$400.00M	USD	2 Qtrs
Net (decrease) increase in commercial paper and short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-16.30M	USD	2 Qtrs
Net (decrease) increase in commercial paper and short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$210.90M	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfDividendsCommonStock`	$719.20M	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfDividendsCommonStock`	$664.70M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$14.40M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$17.10M	USD	2 Qtrs
Investments by noncontrolling interests	`ProceedsFromMinorityShareholders`	$3.60M	USD	2 Qtrs
Investments by noncontrolling interests	`ProceedsFromMinorityShareholders`	$72.80M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-46.60M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-37.30M	USD	2 Qtrs
Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$603.40M	USD	2 Qtrs
Cash Provided by (Used for) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-785.60M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.80M	USD	2 Qtrs
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.00M	USD	2 Qtrs
Decrease in cash and cash items	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-468.60M	USD	2 Qtrs
Decrease in cash and cash items	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.12B	USD	2 Qtrs
Cash and Cash items Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.35B	USD	Point-in-time
Cash and Cash items Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.71B	USD	Point-in-time
Cash and Cash items Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash and Cash items Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.24B	USD	Point-in-time
Cash and Cash Items End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.35B	USD	Point-in-time
Cash and Cash Items End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.71B	USD	Point-in-time
Cash and Cash Items End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash and Cash Items End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.24B	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.62	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.75	USD	1 Quarter
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.12	USD	2 Qtrs
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.37	USD	2 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.38B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.70B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.69B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$536.80M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.03B	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$449.90M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$1.09B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$56.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$18.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$636.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-56.30M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$691.80M	USD	2 Qtrs
Dividends on common stock	`DividendsCommonStockCash`	$388.70M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$359.30M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$748.50M	USD	2 Qtrs
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.60M	USD	2 Qtrs
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.80M	USD	1 Quarter
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.00M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.60M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.70M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.80M	USD	1 Quarter
Issuance of treasury shares for stock option and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.80M	USD	1 Quarter
Issuance of treasury shares for stock option and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$900.00K	USD	1 Quarter
Issuance of treasury shares for stock option and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-18.50M	USD	2 Qtrs
Issuance of treasury shares for stock option and award plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.20M	USD	2 Qtrs
Investments by noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$72.80M	USD	1 Quarter
Investments by noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$72.80M	USD	2 Qtrs
Investments by noncontrolling interests	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$3.60M	USD	2 Qtrs
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	-	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$1.90M	USD	2 Qtrs
Other equity transactions	`StockholdersEquityOther`	$-2.40M	USD	1 Quarter
Other equity transactions	`StockholdersEquityOther`	$-1.70M	USD	2 Qtrs
Other equity transactions	`StockholdersEquityOther`	$30.30M	USD	1 Quarter
Other equity transactions	`StockholdersEquityOther`	$31.60M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.38B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.70B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.69B	USD	Point-in-time

Comprehensive Income 64 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$1.09B	USD	2 Qtrs
Net Income	`ProfitLoss`	$536.80M	USD	1 Quarter
Net Income	`ProfitLoss`	$449.90M	USD	1 Quarter
Tax effect on translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$9.20M	USD	1 Quarter
Tax effect on translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-10.60M	USD	1 Quarter
Tax effect on translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-48.60M	USD	2 Qtrs
Tax effect on translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$16.80M	USD	2 Qtrs
Net Income	`ProfitLoss`	$1.03B	USD	2 Qtrs
Tax effect on net gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-15.30M	USD	1 Quarter
Tax effect on net gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-26.40M	USD	2 Qtrs
Tax effect on net gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$37.60M	USD	2 Qtrs
Tax effect on net gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-600.00K	USD	1 Quarter
Translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-58.80M	USD	1 Quarter
Translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$560.60M	USD	2 Qtrs
Tax effect on pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	2 Qtrs
Translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-18.20M	USD	2 Qtrs
Translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$51.00M	USD	1 Quarter
Tax effect on pension and postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-2.40M	USD	2 Qtrs
Net gain (loss) on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-39.40M	USD	1 Quarter
Net gain (loss) on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-39.90M	USD	2 Qtrs
Tax effect on derivatives reclassification adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-14.70M	USD	2 Qtrs
Net gain (loss) on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$106.40M	USD	2 Qtrs
Tax effect on derivatives reclassification adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$19.80M	USD	2 Qtrs
Tax effect on derivatives reclassification adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.90M	USD	1 Quarter
Net gain (loss) on derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-14.60M	USD	1 Quarter
Tax effect on derivatives reclassification adjustments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-8.60M	USD	1 Quarter
Tax effect on pension and postretirement benefits reclassification adjustments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$10.90M	USD	2 Qtrs
Pension and postretirements benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.70M	USD	2 Qtrs
Tax effect on pension and postretirement benefits reclassification adjustments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$5.50M	USD	1 Quarter
Tax effect on pension and postretirement benefits reclassification adjustments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$4.70M	USD	1 Quarter
Pension and postretirements benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	2 Qtrs
Tax effect on pension and postretirement benefits reclassification adjustments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$8.40M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	-	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$300.00K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax`	$300.00K	USD	2 Qtrs
Derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$62.90M	USD	2 Qtrs
Derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-44.70M	USD	2 Qtrs
Derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-5.80M	USD	1 Quarter
Derivatives, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-26.00M	USD	1 Quarter
Pension and postretirement benefits, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$15.90M	USD	1 Quarter
Pension and postretirement benefits, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$14.40M	USD	1 Quarter
Pension and postretirement benefits, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$26.30M	USD	2 Qtrs
Pension and postretirement benefits, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$31.90M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$56.30M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$18.50M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$636.80M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-56.30M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$506.20M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.67B	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$480.50M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.50M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.10M	USD	1 Quarter
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$21.70M	USD	2 Qtrs
Net Income Attributable to Noncontrolling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.30M	USD	1 Quarter
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$14.00M	USD	2 Qtrs
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$8.20M	USD	2 Qtrs
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-3.00M	USD	1 Quarter
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Comprehensive Income Attributable to Air Products	`ComprehensiveIncomeNetOfTax`	$1.10B	USD	2 Qtrs
Comprehensive Income Attributable to Air Products	`ComprehensiveIncomeNetOfTax`	$494.80M	USD	1 Quarter
Comprehensive Income Attributable to Air Products	`ComprehensiveIncomeNetOfTax`	$477.20M	USD	1 Quarter
Comprehensive Income Attributable to Air Products	`ComprehensiveIncomeNetOfTax`	$1.63B	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.