Business Segment and Geographic Information

9 Months Ended

Jun. 30, 2011

Business Segment and Geographic Information

Business Segment and Geographic Information

17.    BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

Our segments are organized based on differences in product and/or type of customer. We have four business segments consisting of Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy.

Business Segment Information

	Three Months Ended 30 June					Nine Months Ended 30 June
	2011		2010			2011			2010
Sales to External Customers
Merchant Gases	$	1,027.2	$	915.0		$	3,027.8		$	2,770.3
Tonnage Gases		868.7		724.5			2,433.9			2,179.1
Electronics and Performance Materials		602.4		496.9			1,704.3			1,381.5
Equipment and Energy		79.5		115.9			304.8			343.9
Segment and Consolidated Totals	$	2,577.8	$	2,252.3		$	7,470.8		$	6,674.8
Operating Income
Merchant Gases	$	182.0	$	176.4		$	567.4		$	544.1
Tonnage Gases		114.8		119.8			351.4			327.2
Electronics and Performance Materials		109.0		62.4			269.5			167.8
Equipment and Energy		8.6		21.1			51.3			47.1
Segment Total	$	414.4	$	379.7		$	1,239.6		$	1,086.2
Net loss on Airgas transaction		—		(37.9	)		(48.5	)		(61.3	)
Customer bankruptcy		—		1.8			—			1.8
Pension settlement		—		(6.3	)		—			(6.3	)
Other		2.4		(.9	)		5.8			1.6
Consolidated Total	$	416.8	$	336.4		$	1,196.9		$	1,022.0

	30 June		30 September
	2011		2010
Identifiable Assets (A)
Merchant Gases	$	5,355.7	$	5,075.3
Tonnage Gases		4,392.3		3,876.4
Electronics and Performance Materials		2,487.2		2,275.8
Equipment and Energy		289.3		341.3
Segment Total	$	12,524.5	$	11,568.8
Other		891.4		1,024.3
Consolidated Total	$	13,415.9	$	12,593.1

^(A)  Identifiable assets are equal to total assets less investment in net assets of and advances to equity affiliates.

Geographic Information

	Three Months Ended 30 June				Nine Months Ended 30 June
	2011		2010		2011		2010
Sales to External Customers
North America	$	1,172.3	$	1,091.1	$	3,492.3	$	3,222.4
Europe		780.1		688.8		2,250.3		2,118.5
Asia		566.2		421.9		1,546.4		1,176.6
Latin America/Other		59.2		50.5		181.8		157.3
Total	$	2,577.8	$	2,252.3	$	7,470.8	$	6,674.8

Geographic information is based on country of origin. The Europe segment operates principally in Belgium, France, Germany, the Netherlands, Poland, the U.K. and Spain. The Asia segment operates principally in China, Korea, and Taiwan.