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Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below summarizes changes in AOCL, net of tax, attributable to Air Products:
 
 
Derivatives
qualifying
as hedges
 
Foreign
currency
translation
adjustments
 
Pension and
postretirement
benefits
 
Total
Balance at 30 September 2014
 
$
(28.5
)
 
$
(268.7
)
 
$
(944.7
)
 
$
(1,241.9
)
Other comprehensive loss before reclassifications
 
(35.0
)
 
(699.3
)
 
(278.5
)
 
(1,012.8
)
Amounts reclassified from AOCL
 
20.8

 
—

 
97.0

 
117.8

Net current period other comprehensive loss
 
$
(14.2
)
 
$
(699.3
)
 
$
(181.5
)
 
$
(895.0
)
Amount attributable to noncontrolling interest
 
.2

 
(11.5
)
 
.3

 
(11.0
)
Balance at 30 September 2015
 
$
(42.9
)
 
$
(956.5
)
 
$
(1,126.5
)
 
$
(2,125.9
)
Other comprehensive income (loss) before reclassifications
 
13.7

 
9.9

 
(335.1
)
 
(311.5
)
Amounts reclassified from AOCL
 
(36.0
)
 
2.7

 
87.2

 
53.9

Net current period other comprehensive income (loss)
 
$
(22.3
)
 
$
12.6

 
$
(247.9
)
 
$
(257.6
)
Amount attributable to noncontrolling interest
 
(.2
)
 
5.4

 
(.4
)
 
4.8

Balance at 30 September 2016
 
$
(65.0
)
 
$
(949.3
)
 
$
(1,374.0
)
 
$
(2,388.3
)
Other comprehensive income (loss) before reclassifications
 
(12.6
)
 
101.9

 
251.6

 
340.9

Amounts reclassified from AOCL
 
24.2

 
57.3

 
110.7

 
192.2

Net current period other comprehensive income
 
$
11.6

 
$
159.2

 
$
362.3

 
$
533.1

Spin-off of Versum
 
.2

 
6.0

 
5.3

 
11.5

Amount attributable to noncontrolling interest
 
(.1
)
 
3.0

 
.8

 
3.7

Balance at 30 September 2017
 
$
(53.1
)
 
$
(787.1
)
 
$
(1,007.2
)
 
$
(1,847.4
)
Schedule of Reclassifications out of Accumulated Other Comprehensive Loss
The table below summarizes the reclassifications out of accumulated other comprehensive loss and the affected line item on the consolidated income statements:
 
 
2017
 
2016
 
2015
(Gain) Loss on Cash Flow Hedges, net of tax
 
 
 
 
 
 
Sales/Cost of sales
 
$
18.3

 
$
.2

 
$
.6

Other income (expense), net
 
5.1

 
(46.2
)
 
16.9

Interest expense
 
.8

 
10.0

 
3.3

Total (Gain) Loss on Cash Flow Hedges, net of tax
 
$
24.2

 
$
(36.0
)
 
$
20.8

 
 
 
 
 
 
 
Currency Translation Adjustment
 
 
 
 
 
 
Business restructuring and cost reduction actions(A)
 
$
8.2

 
$
—

 
$
—

  Income from discontinued operations, net of tax(B)
 
49.1

 
2.7

 
—

Total Currency Translation Adjustment
 
$
57.3

 
$
2.7

 
$
—

 
 
 
 
 
 
 
Pension and Postretirement Benefits, net of tax(C)
 
$
110.7

 
$
87.2

 
$
97.0

(A) 
The fiscal year 2017 impact relates to the planned sale of a non-industrial gas hardgoods business in the Industrial Gases – Americas segment recorded in the third quarter.
(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 16, Retirement Benefits.