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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The tables below summarize changes in accumulated other comprehensive loss (AOCL), net of tax, attributable to Air Products for the three and nine months ended 30 June 2017:
 
Derivatives
qualifying as
hedges

Foreign
currency
translation
adjustments

Pension and
postretirement
benefits

Total

Balance at 31 March 2017
$
(58.5
)
$
(1,027.7
)
$
(1,307.5
)
$
(2,393.7
)
Other comprehensive income before reclassifications
23.0

141.4

.1

164.5

Amounts reclassified from AOCL
(23.6
)
8.2

27.7

12.3

Net current period other comprehensive income (loss)
(.6
)
149.6

27.8

176.8

Amount attributable to noncontrolling interests

.2


.2

Balance at 30 June 2017
$
(59.1
)
$
(878.3
)
$
(1,279.7
)
$
(2,217.1
)
 
 
 
 
 
 
Derivatives
qualifying
as hedges

Foreign
currency
translation
adjustments

Pension and
postretirement
benefits

Total

Balance at 30 September 2016
$
(65.0
)
$
(949.3
)
$
(1,374.0
)
$
(2,388.3
)
Other comprehensive income (loss) before reclassifications
(2.2
)
9.8

3.9

11.5

Amounts reclassified from AOCL
7.8

57.3

85.2

150.3

Net current period other comprehensive income
5.6

67.1

89.1

161.8

Spin-off of Versum
.2

6.0

5.3

11.5

Amount attributable to noncontrolling interests
(.1
)
2.1

.1

2.1

Balance at 30 June 2017
$
(59.1
)
$
(878.3
)
$
(1,279.7
)
$
(2,217.1
)
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss)
The table below summarizes the reclassifications out of accumulated other comprehensive loss and the affected line item on the consolidated income statements:
 
Three Months Ended
Nine Months Ended
 
30 June
30 June
 
2017
2016
2017
2016
(Gain) Loss on Cash Flow Hedges, net of tax
 
 
 
 
Sales/Cost of sales
$
4.3

$
1.0

$
10.1

$
2.4

Other income (expense), net
(29.0
)
5.5

(2.4
)
(30.5
)
Interest expense
1.1

3.5

.1

7.7

Total (Gain) Loss on Cash Flow Hedges, net of tax
$
(23.6
)
$
10.0

$
7.8

$
(20.4
)
 
 
 
 
 
Currency Translation Adjustment
 
 
 
 
Cost reduction and asset actions(A)
$
8.2

$

$
8.2

$

Income (loss) from discontinued operations, net of tax(B)

(.1
)
49.1

2.7

Total Currency Translation Adjustment
$
8.2

$
(.1
)
$
57.3

$
2.7

 
 
 
 
 
Pension and Postretirement Benefits, net of tax(C)
$
27.7

$
21.6

$
85.2

$
65.4

(A) 
Impact relates to the planned sale of a non-industrial gas hardgoods business in the Industrial Gases – Americas segment.
(B) 
The fiscal year 2017 impact relates to the sale of PMD during the second quarter. The fiscal year 2016 impact primarily relates to the sale of an equity affiliate in the first quarter.
(C) 
The components include items such as prior service cost amortization, actuarial loss amortization, and settlements and are reflected in net periodic benefit cost. Refer to Note 12, Retirement Benefits.