Goodwill

9 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

GOODWILL

Changes to the carrying amount of consolidated goodwill by segment for the nine months ended 30 June 2021 are as follows:

	Industrial Gases– Americas	Industrial Gases– EMEA	Industrial Gases– Asia	Industrial Gases– Global	Corporate  and other	Total
Goodwill, net at 30 September 2020	$152.6	$524.1	$180.4	$19.5	$14.9	$891.5
Acquisitions(A)	—	21.5	—	—	—	21.5
Currency translation and other	3.3	10.3	4.5	0.4	—	18.5
Goodwill, net at 30 June 2021	$155.9	$555.9	$184.9	$19.9	$14.9	$931.5

(A)We recognized goodwill in the Industrial Gases – EMEA segment, primarily for expected cost synergies and growth opportunities related to a business combination completed in the second quarter of fiscal year 2021. Refer to Note 3, Acquisitions, for additional information. Goodwill recognized in fiscal year 2021 is not deductible for tax purposes.

	30 June	30 September
	2021	2020
Goodwill, gross	$1,293.7	$1,230.2
Accumulated impairment losses(B)	(362.2)	(338.7)
Goodwill, net	$931.5	$891.5

(B)Accumulated impairment losses include the impacts of currency translation. These losses are attributable to our Latin America reporting unit ("LASA") within the Industrial Gases – Americas segment.

We review goodwill for impairment annually in the fourth quarter of the fiscal year and whenever events or changes in circumstances indicate that the carrying value of goodwill might not be recoverable.