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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (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 2023:
Derivatives
qualifying
as hedges
Foreign
currency
translation
adjustments
Pension and
postretirement
benefits
Total
Balance at 30 September 2023$61.1 ($1,913.3)($597.2)($2,449.4)
Other comprehensive (loss) income before reclassifications(161.1)380.6 — 219.5 
Amounts reclassified from AOCL(42.2)— 13.7 (28.5)
Net current period other comprehensive (loss) income(203.3)380.6 13.7 191.0 
Amount attributable to noncontrolling interests(154.1)16.0 — (138.1)
Balance at 31 December 2023$11.9 ($1,548.7)($583.5)($2,120.3)
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss)
The table below summarizes the reclassifications out of AOCL and the affected line item on the consolidated income statements:
Three Months Ended
31 December
20232022
Gain on Cash Flow Hedges, net of tax
Sales$0.2 $— 
Cost of sales1.0 1.0 
Interest expense0.8 1.0 
Other non-operating income (expense), net(44.2)(70.7)
Total Gain on Cash Flow Hedges, net of tax
($42.2)($68.7)
Pension and Postretirement Benefits, net of tax(A)
$13.7 $11.9 
(A)The components of net periodic benefit/cost reclassified out of AOCL include items such as prior service cost amortization, actuarial loss amortization, settlements, and curtailments and are included in “Other non-operating income (expense), net” on the consolidated income statements. Refer to Note 9, Retirement Benefits, for additional information.