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10-K Filing

Air Products & Chemicals, Inc. CIK: 2969 FY 2023
Filing Information
Form Type 10-K
Accession Number 0000002969-23-000047
Period End Date 20230930
Filing Date 20231116
Fiscal Year 2023
Fiscal Period FY
XBRL Instance apd-20230930_htm.xml
Balance Sheet 88 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 $1.62B USD Point-in-time
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
Short-term investments ShortTermInvestments $590.70M USD Point-in-time
Common stock, issue shares CommonStockSharesIssued 249.46M shares Point-in-time
Short-term investments ShortTermInvestments $332.20M USD Point-in-time
Common stock, issue shares CommonStockSharesIssued 249.46M shares Point-in-time
Trade receivables, net AccountsReceivableNetCurrent $1.79B USD Point-in-time
Treasury stock at cost, shares TreasuryStockCommonShares 27.62M shares Point-in-time
Treasury stock at cost, shares TreasuryStockCommonShares 27.26M shares Point-in-time
Trade receivables, net AccountsReceivableNetCurrent $1.70B USD Point-in-time
Total assets Assets $27.19B USD Point-in-time
Total assets Assets $32.00B USD Point-in-time
Inventories InventoryNet $651.80M USD Point-in-time
Inventories InventoryNet $514.20M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $177.00M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $156.80M USD Point-in-time
Total liabilities Liabilities $13.49B USD Point-in-time
Total liabilities Liabilities $16.34B USD Point-in-time
Other receivables and current assets OtherAssetsCurrent $515.80M USD Point-in-time
Other receivables and current assets OtherAssetsCurrent $722.10M USD Point-in-time
Total Current Assets AssetsCurrent $6.28B USD Point-in-time
Total Current Assets AssetsCurrent $5.20B USD Point-in-time
Investment in net assets of and advances to equity affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $3.35B USD Point-in-time
Investment in net assets of and advances to equity affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $4.62B USD Point-in-time
Plant and equipment, net PropertyPlantAndEquipmentNet $13.25B USD Point-in-time
Plant and equipment, net PropertyPlantAndEquipmentNet $17.47B USD Point-in-time
Plant and equipment, net PropertyPlantAndEquipmentNet $14.16B USD Point-in-time
Goodwill, net Goodwill $861.70M USD Point-in-time
Goodwill, net Goodwill $911.50M USD Point-in-time
Goodwill, net Goodwill $823.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $334.60M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $347.50M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $974.00M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $694.80M USD Point-in-time
Noncurrent lease receivables NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent $494.70M USD Point-in-time
Noncurrent lease receivables NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLossNoncurrent $583.10M USD Point-in-time
Financing Receivable NotesReceivableNet $817.20M USD Point-in-time
Financing Receivable NotesReceivableNet - USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $1.23B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $947.00M USD Point-in-time
Total Noncurrent Assets AssetsNoncurrent $20.91B USD Point-in-time
Total Noncurrent Assets AssetsNoncurrent $26.80B USD Point-in-time
Total Assets Assets $27.19B USD Point-in-time
Total Assets Assets $32.00B USD Point-in-time
Payables and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $2.77B USD Point-in-time
Payables and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $2.89B USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $131.20M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $135.20M USD Point-in-time
Short-term borrowings ShortTermBorrowings $259.50M USD Point-in-time
Short-term borrowings ShortTermBorrowings $10.70M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $615.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $548.30M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $3.47B USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $3.90B USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $631.10M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $592.10M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.12B 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 $1.27B USD Point-in-time
Total Noncurrent Liabilities LiabilitiesNoncurrent $10.02B USD Point-in-time
Total Noncurrent Liabilities LiabilitiesNoncurrent $12.45B USD Point-in-time
Total Liabilities Liabilities $13.49B USD Point-in-time
Total Liabilities Liabilities $16.34B USD Point-in-time
Commitments and Contingencies - See Note 18 CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies - See Note 18 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 $1.14B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $1.19B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $16.52B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $17.29B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.45B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.79B USD Point-in-time
Treasury stock, at cost (2023 - 27,255,739 shares; 2022 - 27,616,888 shares) TreasuryStockValue $1.98B USD Point-in-time
Treasury stock, at cost (2023 - 27,255,739 shares; 2022 - 27,616,888 shares) TreasuryStockValue $1.97B USD Point-in-time
Total Air Products Shareholders' Equity StockholdersEquity $14.31B USD Point-in-time
Total Air Products Shareholders' Equity StockholdersEquity $13.14B USD Point-in-time
Noncontrolling interests MinorityInterest $1.35B USD Point-in-time
Noncontrolling interests MinorityInterest $558.40M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B 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 $15.66B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $27.19B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $32.00B USD Point-in-time
Income Statement 91 line items
Line Item Tag Value Unit Period
Sales Revenues $10.32B USD Annual
Sales Revenues $12.60B USD Annual
Sales Revenues $12.70B USD Annual
Cost of sales CostOfGoodsAndServicesSold $9.34B USD Annual
Cost of sales CostOfGoodsAndServicesSold $8.83B USD Annual
Cost of sales CostOfGoodsAndServicesSold $7.19B USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-23.20M USD 1 Quarter
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-23.20M USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD Annual
Selling and administrative expense SellingGeneralAndAdministrativeExpense $957.00M USD Annual
Selling and administrative expense SellingGeneralAndAdministrativeExpense $828.40M USD Annual
Selling and administrative expense SellingGeneralAndAdministrativeExpense $900.60M USD Annual
Research and development expense ResearchAndDevelopmentExpense $93.50M USD Annual
Research and development expense ResearchAndDevelopmentExpense $105.60M USD Annual
Research and development expense ResearchAndDevelopmentExpense $102.90M USD Annual
Business and asset actions RestructuringCharges $244.60M USD Annual
Business and asset actions RestructuringCharges - USD Annual
Business and asset actions RestructuringCharges $73.70M USD Annual
Gain on exchange with joint venture partner NetGainLossOnExchangeOfEquityAffiliateInvestments $36.80M USD Annual
Gain on exchange with joint venture partner NetGainLossOnExchangeOfEquityAffiliateInvestments - USD Annual
Gain on exchange with joint venture partner NetGainLossOnExchangeOfEquityAffiliateInvestments - USD Annual
Other income (expense), net OtherIncomeExpenseNet $55.90M USD Annual
Other income (expense), net OtherIncomeExpenseNet $52.80M USD Annual
Other income (expense), net OtherIncomeExpenseNet $34.80M USD Annual
Operating Income OperatingIncomeLoss $2.34B USD Annual
Operating Income OperatingIncomeLoss $2.28B USD Annual
Operating Income OperatingIncomeLoss $2.49B USD Annual
Equity affiliates' income IncomeLossFromEquityMethodInvestments $481.50M USD Annual
Equity affiliates' income IncomeLossFromEquityMethodInvestments $294.10M USD Annual
Equity affiliates' income IncomeLossFromEquityMethodInvestments $604.30M USD Annual
Interest expense InterestExpense $128.00M USD Annual
Interest expense InterestExpense $141.80M USD Annual
Interest expense InterestExpense $177.50M USD Annual
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $62.40M USD Annual
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $-39.00M USD Annual
Other non-operating income (expense), net OtherNonoperatingIncomeExpense $73.70M USD Annual
Income From Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.51B USD Annual
Income From Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.88B USD Annual
Income From Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.75B USD Annual
Income tax provision IncomeTaxExpenseBenefit $500.80M USD Annual
Income tax provision IncomeTaxExpenseBenefit $462.80M USD Annual
Income tax provision IncomeTaxExpenseBenefit $551.20M USD Annual
Income From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.25B USD Annual
Income From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.04B USD Annual
Income From Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $2.33B USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $7.40M USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $12.60M USD Annual
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $70.30M USD Annual
Net Income ProfitLoss $2.27B USD Annual
Net Income ProfitLoss $2.34B USD Annual
Net Income ProfitLoss $2.11B USD Annual
Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $10.40M USD Annual
Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $15.80M USD Annual
Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $38.40M USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.30B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.26B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.10B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperations $2.03B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperations $2.29B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperations $2.24B USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $7.40M USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $70.30M USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $12.60M USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.30B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.26B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.10B USD Annual
Basic EPS from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $9.16 USD Annual
Basic EPS from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $10.31 USD Annual
Basic EPS from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $10.11 USD Annual
Basic EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.06 USD Annual
Basic EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.32 USD Annual
Basic EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.03 USD Annual
Basic EPS attributable to Air Products (in dollars per share) EarningsPerShareBasic $9.47 USD Annual
Basic EPS attributable to Air Products (in dollars per share) EarningsPerShareBasic $10.35 USD Annual
Basic EPS attributable to Air Products (in dollars per share) EarningsPerShareBasic $10.16 USD Annual
Diluted EPS from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $10.08 USD Annual
Diluted EPS from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $10.30 USD Annual
Diluted EPS from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $9.12 USD Annual
Diluted EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.32 USD Annual
Diluted EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.03 USD Annual
Diluted EPS from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.06 USD Annual
Diluted EPS attributable to Air Products (in dollars per share) EarningsPerShareDiluted $10.33 USD Annual
Diluted EPS attributable to Air Products (in dollars per share) EarningsPerShareDiluted $10.14 USD Annual
Diluted EPS attributable to Air Products (in dollars per share) EarningsPerShareDiluted $9.43 USD Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 222.30M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 221.60M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 222.00M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 222.50M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 222.70M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 222.50M shares Annual
Cash Flow Statement 141 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $2.27B USD Annual
Net Income ProfitLoss $2.34B USD Annual
Net Income ProfitLoss $2.11B USD Annual
Less: Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $10.40M USD Annual
Less: Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $15.80M USD Annual
Less: Net income attributable to noncontrolling interests of continuing operations IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $38.40M USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.30B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.26B USD Annual
Net Income Attributable to Air Products NetIncomeLoss $2.10B USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $7.40M USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $70.30M USD Annual
Net income from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $12.60M USD Annual
Net income from continuing operations attributable to Air Products IncomeLossFromContinuingOperations $2.03B USD Annual
Net income from continuing operations attributable to Air Products IncomeLossFromContinuingOperations $2.29B USD Annual
Net income from continuing operations attributable to Air Products IncomeLossFromContinuingOperations $2.24B USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $1.36B USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $1.34B USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $1.32B USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $32.30M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $94.00M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-24.70M USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-23.20M USD 1 Quarter
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges $-23.20M USD Annual
Facility closure GainLossOnSalesOfAssetsAndAssetImpairmentCharges - USD Annual
Business and asset actions RestructuringCharges $244.60M USD Annual
Business and asset actions RestructuringCharges - USD Annual
Business and asset actions RestructuringCharges $73.70M USD Annual
Undistributed earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $214.70M USD Annual
Undistributed earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $261.20M USD Annual
Undistributed earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $138.20M USD Annual
Gain on sale of assets and investments GainLossOnDispositionOfAssets1 $24.10M USD Annual
Gain on sale of assets and investments GainLossOnDispositionOfAssets1 $37.20M USD Annual
Gain on sale of assets and investments GainLossOnDispositionOfAssets1 $15.80M USD Annual
Share-based compensation ShareBasedCompensation $59.90M USD Annual
Share-based compensation ShareBasedCompensation $48.40M USD Annual
Share-based compensation ShareBasedCompensation $44.50M USD Annual
Noncurrent lease receivables IncreaseDecreaseInLeasingReceivables $-79.60M USD Annual
Noncurrent lease receivables IncreaseDecreaseInLeasingReceivables $-94.00M USD Annual
Noncurrent lease receivables IncreaseDecreaseInLeasingReceivables $-98.80M USD Annual
Other adjustments OtherOperatingActivitiesCashFlowStatement $-304.90M USD Annual
Other adjustments OtherOperatingActivitiesCashFlowStatement $-116.70M USD Annual
Other adjustments OtherOperatingActivitiesCashFlowStatement $-103.00M USD Annual
Trade receivables IncreaseDecreaseInAccountsReceivable $-130.70M USD Annual
Trade receivables IncreaseDecreaseInAccountsReceivable $130.50M USD Annual
Trade receivables IncreaseDecreaseInAccountsReceivable $475.20M USD Annual
Inventories IncreaseDecreaseInInventories $94.30M USD Annual
Inventories IncreaseDecreaseInInventories $129.40M USD Annual
Inventories IncreaseDecreaseInInventories $47.20M USD Annual
Other receivables IncreaseDecreaseInOtherReceivables $1.80M USD Annual
Other receivables IncreaseDecreaseInOtherReceivables $93.80M USD Annual
Other receivables IncreaseDecreaseInOtherReceivables $-75.50M USD Annual
Payables and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-213.30M USD Annual
Payables and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $532.50M USD Annual
Payables and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $187.90M USD Annual
Other working capital IncreaseDecreaseInOtherOperatingCapitalNet $119.00M USD Annual
Other working capital IncreaseDecreaseInOtherOperatingCapitalNet $77.00M USD Annual
Other working capital IncreaseDecreaseInOtherOperatingCapitalNet $69.00M USD Annual
Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.17B USD Annual
Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.34B USD Annual
Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.21B USD Annual
Additions to plant and equipment, including long-term deposits PaymentsToAcquirePropertyPlantAndEquipment $2.46B USD Annual
Additions to plant and equipment, including long-term deposits PaymentsToAcquirePropertyPlantAndEquipment $4.63B USD Annual
Additions to plant and equipment, including long-term deposits PaymentsToAcquirePropertyPlantAndEquipment $2.93B USD Annual
Acquisitions, less cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $10.50M USD Annual
Acquisitions, less cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $65.10M USD Annual
Acquisitions, less cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Investment in and advances to unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $912.00M USD Annual
Investment in and advances to unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $76.00M USD Annual
Investment in and advances to unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $1.66B USD Annual
Investment in financing receivables PaymentsToAcquireFinanceReceivables $665.10M USD Annual
Investment in financing receivables PaymentsToAcquireFinanceReceivables - USD Annual
Investment in financing receivables PaymentsToAcquireFinanceReceivables - USD Annual
Proceeds from sale of assets and investments ProceedsFromSalesOfAssetsInvestingActivities $25.40M USD Annual
Proceeds from sale of assets and investments ProceedsFromSalesOfAssetsInvestingActivities $46.20M USD Annual
Proceeds from sale of assets and investments ProceedsFromSalesOfAssetsInvestingActivities $37.50M USD Annual
Purchases of investments PaymentsToAcquireShortTermInvestments $640.10M USD Annual
Purchases of investments PaymentsToAcquireShortTermInvestments $2.10B USD Annual
Purchases of investments PaymentsToAcquireShortTermInvestments $1.64B USD Annual
Proceeds from investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $2.38B USD Annual
Proceeds from investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $897.00M USD Annual
Proceeds from investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $1.88B USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-4.80M USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-7.00M USD Annual
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-5.80M USD Annual
Cash Used for Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-2.73B USD Annual
Cash Used for Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-3.86B USD Annual
Cash Used for Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-5.92B USD Annual
Long-term debt proceeds ProceedsFromIssuanceOfLongTermDebt $766.20M USD Annual
Long-term debt proceeds ProceedsFromIssuanceOfLongTermDebt $3.52B USD Annual
Long-term debt proceeds ProceedsFromIssuanceOfLongTermDebt $178.90M USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $400.00M USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $615.40M USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $462.90M USD Annual
Net increase in commercial paper and short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $268.20M USD Annual
Net increase in commercial paper and short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $17.90M USD Annual
Net increase in commercial paper and short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $1.00M USD Annual
Dividends paid to shareholders PaymentsOfDividendsCommonStock $1.26B USD Annual
Dividends paid to shareholders PaymentsOfDividendsCommonStock $1.50B USD Annual
Dividends paid to shareholders PaymentsOfDividendsCommonStock $1.38B USD Annual
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $19.30M USD Annual
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $24.00M USD Annual
Proceeds from stock option exercises ProceedsFromStockOptionsExercised $10.60M USD Annual
Investments by noncontrolling interests ProceedsFromMinorityShareholders $21.00M USD Annual
Investments by noncontrolling interests ProceedsFromMinorityShareholders $136.60M USD Annual
Investments by noncontrolling interests ProceedsFromMinorityShareholders $234.90M USD Annual
Distributions to noncontrolling interests PaymentsToNoncontrollingInterests $5.30M USD Annual
Distributions to noncontrolling interests PaymentsToNoncontrollingInterests $115.90M USD Annual
Distributions to noncontrolling interests PaymentsToNoncontrollingInterests $4.80M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-23.10M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-205.80M USD Annual
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-36.90M USD Annual
Cash Provided by (Used for) Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.00B USD Annual
Cash Provided by (Used for) Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $1.61B USD Annual
Cash Provided by (Used for) Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-1.42B USD Annual
Cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $6.70M USD Annual
Cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $600.00K USD Annual
Cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $59.60M USD Annual
Cash provided by investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Cash provided by investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Cash provided by investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Cash provided by financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Cash provided by financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Cash provided by financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Cash Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations $59.60M USD Annual
Cash Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations $600.00K USD Annual
Cash Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations $6.70M USD Annual
Effect of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.80M USD Annual
Effect of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-130.30M USD Annual
Effect of Exchange Rate Changes on Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.50M USD Annual
Decrease in cash and cash items CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.76B USD Annual
Decrease in cash and cash items CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-784.10M USD Annual
Decrease in cash and cash items CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.09B USD Annual
Cash and Cash items Beginning of Year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $2.71B USD Point-in-time
Cash and Cash items Beginning of Year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $1.62B USD Point-in-time
Cash and Cash items Beginning of Year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.25B USD Point-in-time
Cash and Cash items Beginning of Year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.47B 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 $1.62B USD Point-in-time
Cash and Cash Items End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.25B USD Point-in-time
Cash and Cash Items End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.47B USD Point-in-time
Stockholders Equity 37 line items
Line Item Tag Value Unit Period
Dividends per share CommonStockDividendsPerShareDeclared $6.87 USD Annual
Dividends per share CommonStockDividendsPerShareDeclared $6.36 USD Annual
Dividends per share CommonStockDividendsPerShareDeclared $5.84 USD Annual
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B 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 $15.66B USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $2.27B USD Annual
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $2.34B USD Annual
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $2.11B USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $521.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $663.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.30B USD Annual
Dividends on common stock DividendsCommonStockCash $1.53B USD Annual
Dividends on common stock DividendsCommonStockCash $1.29B USD Annual
Dividends on common stock DividendsCommonStockCash $1.41B USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $4.80M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $5.30M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $115.90M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $46.00M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $54.60M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $43.50M USD Annual
Issuance of treasury shares for stock option and award plans StockIssuedDuringPeriodValueShareBasedCompensation $-14.00M USD Annual
Issuance of treasury shares for stock option and award plans StockIssuedDuringPeriodValueShareBasedCompensation $-9.40M USD Annual
Issuance of treasury shares for stock option and award plans StockIssuedDuringPeriodValueShareBasedCompensation $7.60M USD Annual
Investments by noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $33.00M USD Annual
Investments by noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $682.20M USD Annual
Investments by noncontrolling interests NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $139.80M USD Annual
Purchase of noncontrolling interests MinorityInterestDecreaseFromRedemptions $5.30M USD Annual
Purchase of noncontrolling interests MinorityInterestDecreaseFromRedemptions $1.90M USD Annual
Other equity transactions StockholdersEquityOther $4.00M USD Annual
Other equity transactions StockholdersEquityOther $3.70M USD Annual
Other equity transactions StockholdersEquityOther $300.00K USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.44B 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 $15.66B USD Point-in-time
Comprehensive Income 51 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $2.27B USD Annual
Net Income ProfitLoss $2.34B USD Annual
Tax effect on translation adjustments OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-32.80M USD Annual
Tax effect on translation adjustments OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $2.80M USD Annual
Net Income ProfitLoss $2.11B USD Annual
Tax effect on translation adjustments OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $71.20M USD Annual
Tax effect on net gain (loss) on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-9.00M USD Annual
Tax effect on net gain (loss) on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $48.60M USD Annual
Tax effect on net gain (loss) on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-63.90M USD Annual
Translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $267.30M USD Annual
Tax effect on pension and postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax $33.40M USD Annual
Translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-1.23B USD Annual
Tax effect on pension and postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax $-91.40M USD Annual
Tax effect on pension and postretirement benefits OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax $2.90M USD Annual
Translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $151.10M USD Annual
Net gain (loss) on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $3.30M USD Annual
Tax effect on derivatives reclassification adjustments OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-30.30M USD Annual
Net gain (loss) on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $369.20M USD Annual
Tax effect on derivatives reclassification adjustments OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-13.90M USD Annual
Net gain (loss) on derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-120.30M USD Annual
Tax effect on derivatives reclassification adjustments OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $13.60M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax $8.90M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax $-274.30M USD Annual
Tax effect on pension and postretirement benefits reclassification adjustments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax $21.80M USD Annual
Tax effect on pension and postretirement benefits reclassification adjustments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax $24.40M USD Annual
Tax effect on pension and postretirement benefits reclassification adjustments OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax $17.50M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax $112.20M USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax - USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax $300.00K USD Annual
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax $-7.30M USD Annual
Derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $43.90M USD Annual
Derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-43.50M USD Annual
Derivatives, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-91.40M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax $53.80M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax $64.80M USD Annual
Pension and postretirement benefits, net of tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax $74.60M USD Annual
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $521.00M USD Annual
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $663.00M USD Annual
Total Other Comprehensive Income (Loss) OtherComprehensiveIncomeLossNetOfTax $-1.30B USD Annual
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $967.00M USD Annual
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Annual
Comprehensive Income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $10.40M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $38.40M USD Annual
Net Income Attributable to Noncontrolling Interests NetIncomeLossAttributableToNoncontrollingInterest $15.80M USD Annual
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $184.30M USD Annual
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $38.80M USD Annual
Other Comprehensive Income (Loss) Attributable to Noncontrolling Interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-29.30M USD Annual
Comprehensive Income Attributable to Air Products ComprehensiveIncomeNetOfTax $2.72B USD Annual
Comprehensive Income Attributable to Air Products ComprehensiveIncomeNetOfTax $985.90M USD Annual
Comprehensive Income Attributable to Air Products ComprehensiveIncomeNetOfTax $2.64B USD Annual

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

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