Accumulated Other Comprehensive Loss

3 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

ACCUMULATED OTHER COMPREHENSIVE LOSS

The table below summarizes changes in accumulated other comprehensive loss ("AOCL"), net of tax, attributable to Air Products for the three months ended 31 December 2019:

	Derivatives qualifying as hedges			Foreign currency translation adjustments			Pension and postretirement benefits			Total
Balance at 30 September 2019		($61.4	)		($1,356.9	)		($957.3	)		($2,375.6	)
Other comprehensive income before reclassifications	22.1			264.0			—			286.1
Amounts reclassified from AOCL	(3.6		)	—			19.7			16.1
Net current period other comprehensive income	18.5			264.0			19.7			302.2
Amount attributable to noncontrolling interests	5.6			9.6			—			15.2
Balance at 31 December 2019		($48.5	)		($1,102.5	)		($937.6	)		($2,088.6	)

The table below summarizes the reclassifications out of AOCL and the affected line item on the consolidated income statements:

	Three Months Ended
	31 December
	2019			2018
(Gain) Loss on Cash Flow Hedges, net of tax
Sales/Cost of sales		$—			$0.5
Other income/expense, net	—			(7.4		)
Interest expense	0.7			3.8
Other non-operating income (expense), net(A)	(4.3		)	—
Total (Gain) Loss on Cash Flow Hedges, net of tax		($3.6	)		($3.1	)
Pension and Postretirement Benefits, net of tax(B)		$19.7			$15.2

^(A)  The fiscal year 2020 impact includes amortization of the excluded component and the effective portion of the related hedges.

^(B) 

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 10, Retirement Benefits, for additional information.