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Summary by Quarter (Unaudited)
 12 Months Ended
Sep. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary by Quarter (Unaudited) SUMMARY BY QUARTER (UNAUDITED)
The tables below provide unaudited selected financial data and weighted average share information for each quarter of fiscal years 2020 and 2019:
2020Q1Q2Q3Q4Total
Sales$2,254.7 $2,216.3 $2,065.2 $2,320.1 $8,856.3 
Gross profit768.1 

756.2 720.3 753.6 2,998.2 

Company headquarters relocation income (expense) (See Note 23)
— 33.8 — — 33.8 
Operating income561.0 577.2 539.2 560.2 2,237.6 
Equity affiliates' income58.2 88.2 
(A)
51.2 67.2 264.8 
(A)
Income tax provision120.7 148.5 
(A)
109.3 99.9 478.4 
(A)
Income from continuing operations488.9 504.7 457.1 494.7 1,945.4 
Loss from discontinued operations, net of tax (See Note 6)
— (14.3)— — (14.3)
Net income488.9 490.4 457.1 494.7 1,931.1 
Net Income Attributable to Air Products
Net income from continuing operations$475.6 $492.1 $446.5 $486.8 $1,901.0 
Net loss from discontinued operations— (14.3)— — (14.3)
Net Income Attributable to Air Products$475.6 $477.8 $446.5 $486.8 $1,886.7 
Per Share Data*
Basic EPS from continuing operations$2.15 $2.22 $2.02 $2.20 $8.59 
Basic EPS from discontinued operations— (0.06)— — (0.06)
Basic EPS Attributable to Air Products$2.15 $2.16 $2.02 $2.20 $8.53 
Diluted EPS from continuing operations$2.14 $2.21 $2.01 $2.19 $8.55 
Diluted EPS from discontinued operations— (0.06)— — (0.06)
Diluted EPS Attributable to Air Products$2.14 $2.15 $2.01 $2.19 $8.49 
Weighted Average Common Shares (in millions)
Basic220.9 221.2 221.2 221.3 221.2 
Diluted222.2 222.3 222.4 222.6 222.3 
Dividend Information
Dividends declared per common share$1.16 $1.34 $1.34 $1.34 $5.18 
* EPS is calculated independently for each component and may not sum to total EPS due to rounding.
(A)Includes the impact of the enactment of India Finance Act 2020, which increased equity affiliates' income by $33.8 and our income tax provision by $20.3. Refer to Note 22, Income Taxes, for additional information.
2019Q1Q2Q3Q4Total
Sales$2,224.0 $2,187.7 $2,224.0 $2,283.2 $8,918.9 
Gross profit651.0 
(A)
713.0 758.0 792.4 2,914.4 
(A)
Cost reduction actions (See Note 5)
— — 25.5 — 25.5 
Gain on exchange of equity affiliate investments (See Note 3)
— — 29.1 — 29.1 
Operating income455.0 516.5 569.7 603.2 2,144.4 
Equity affiliates' income52.9 46.2 56.4 59.9 215.4 
Pension settlement loss (See Note 16)
— 5.0 — — 5.0 
Income tax provision132.1 
(B)
107.5 109.3 
(B)
131.2 480.1 
(B)
Income from continuing operations357.0 433.5 500.2 518.7 1,809.4 
Income from discontinued operations, net of tax— — — — — 
Net income357.0 433.5 500.2 518.7 1,809.4 
Net Income Attributable to Air Products
Net income from continuing operations$347.5 $421.3 $488.0 $503.2 $1,760.0 
Net income from discontinued operations— — — — — 
Net Income Attributable to Air Products$347.5 $421.3 $488.0 $503.2 $1,760.0 
Per Share Data*
Basic EPS from continuing operations$1.58 $1.91 $2.21 $2.28 $7.99 
Basic EPS from discontinued operations— — — — — 
Basic EPS Attributable to Air Products$1.58 $1.91 $2.21 $2.28 $7.99 
Diluted EPS from continuing operations$1.57 $1.90 $2.20 $2.27 $7.94 
Diluted EPS from discontinued operations— — — — — 
Diluted EPS Attributable to Air Products$1.57 $1.90 $2.20 $2.27 $7.94 
Weighted Average Common Shares (in millions)
Basic219.9 220.2 220.6 220.7 220.3 
Diluted221.0 221.4 221.9 222.1 221.6 
Dividend Information
Dividends declared per common share$1.10 $1.16 $1.16 $1.16 $4.58 
* EPS is calculated independently for each component and may not sum to total EPS due to rounding.
(A)Includes the impact of a facility closure charge of $29.0 resulting from the government enforced shutdown of a customer in December 2018. Refer to Note 23, Supplemental Information, for additional information.
(B)Includes a discrete net income tax expense of $43.8, primarily recorded in the first quarter of fiscal year 2019 to finalize our estimates of the impacts of the U.S. Tax Cuts and Jobs Act. Refer to Note 22, Income Taxes, for additional information.