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Accumulated Other Comprehensive Loss
 9 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss ACCUMULATED OTHER COMPREHENSIVE 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 2019:
 
Derivatives
qualifying as
hedges

Foreign
currency
translation
adjustments

Pension and
postretirement
benefits

Total

Balance at 31 March 2019

($49.5
)

($1,030.8
)

($664.5
)

($1,744.8
)
Other comprehensive income (loss) before reclassifications
7.5

(48.8
)
—

(41.3
)
Amounts reclassified from AOCL
(13.1
)
(2.6
)
14.8

(.9
)
Net current period other comprehensive income (loss)
(5.6
)
(51.4
)
14.8

(42.2
)
Amount attributable to noncontrolling interests
.1

(5.7
)
—

(5.6
)
Balance at 30 June 2019

($55.2
)

($1,076.5
)

($649.7
)

($1,781.4
)
 
 
 
 
 
 
Derivatives
qualifying
as hedges

Foreign
currency
translation
adjustments

Pension and
postretirement
benefits

Total

Balance at 30 September 2018

($37.6
)

($1,009.8
)

($694.5
)

($1,741.9
)
Other comprehensive loss before reclassifications
(38.2
)
(65.6
)
(3.9
)
(107.7
)
Amounts reclassified from AOCL
20.7

(2.6
)
48.7

66.8

Net current period other comprehensive income (loss)
(17.5
)
(68.2
)
44.8

(40.9
)
Amount attributable to noncontrolling interests
.1

(1.5
)
—

(1.4
)
Balance at 30 June 2019

($55.2
)

($1,076.5
)

($649.7
)

($1,781.4
)

The table below summarizes the reclassifications out of AOCL and the affected line item on the consolidated income statements:
 
Three Months Ended
Nine Months Ended
 
30 June
30 June
 
2019
2018
2019
2018
(Gain) Loss on Cash Flow Hedges, net of tax
 
 
 
 
Sales/Cost of sales

$—


$1.9


$.4


$6.9

Other income/expense, net
(16.9
)
(22.4
)
8.9

(37.6
)
Interest expense
3.8

2.8

11.4

6.3

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

($13.1
)

($17.7
)

$20.7


($24.4
)
 
 
 
 
 
Currency Translation Adjustment
 
 
 
 
Cost of sales(A)

$—


$—


$—


$3.1

Gain on exchange of equity affiliate investments(B)
(2.6
)
—

(2.6
)
—

Total Currency Translation Adjustment

($2.6
)

$—


($2.6
)

$3.1

 
 
 
 
 
Pension and Postretirement Benefits, net of tax(C)

$14.8


$26.0


$48.7


$75.5


(A) 
The fiscal year 2018 impact relates to an equipment sale resulting from the termination of a contract in the Industrial Gases – Asia segment during the first quarter.
(B) 
The fiscal year 2019 impact relates to a net gain on the exchange of two equity affiliates with a joint venture partner. Refer to Note 6, Acquisitions, for additional information.
(C) 
The components of net periodic benefit cost reclassified out of AOCL include items such as prior service cost amortization, actuarial loss amortization, and settlements and are included in “Other non-operating income (expense), net” on the consolidated income statements. Refer to Note 11, Retirement Benefits, for additional information.