Air products and chemicals, inc. (APD)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Dec'08Jun'08
Sales

2,216,300

2,254,700

2,283,200

2,224,000

2,187,700

2,224,000

2,298,900

2,259,000

2,155,700

2,216,600

2,203,100

2,121,900

1,980,100

1,882,500

1,945,500

1,914,500

1,777,400

1,866,300

378,800

2,470,200

2,414,500

2,560,800

622,000

2,634,600

2,581,900

2,545,500

2,586,500

2,547,300

2,484,200

2,562,400

2,605,800

2,340,100

2,344,300

2,321,500

2,407,000

2,472,000

2,403,000

2,391,700

1,941,300

2,252,300

2,249,000

2,173,500

2,129,300

1,976,200

1,955,400

2,195,300

2,749,700

Cost of sales

1,460,100

1,486,600

1,490,800

1,466,000

1,474,700

1,544,000

1,565,800

1,545,400

1,506,500

1,571,800

1,545,000

1,486,000

1,403,800

1,316,700

1,348,200

1,320,200

1,213,000

1,295,900

353,800

1,715,200

1,698,200

1,831,000

505,700

1,918,700

1,917,600

1,865,900

1,882,900

1,875,500

1,813,600

1,900,100

1,923,000

1,690,800

1,715,800

1,722,300

1,803,900

1,825,700

1,748,200

1,720,500

1,480,600

1,611,000

1,628,700

1,568,600

1,545,000

1,427,500

1,439,900

1,629,700

2,041,100

Facility closure

0

0

0

0

0

-29,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling and administrative

201,700

201,700

181,900

188,500

190,000

189,600

186,000

188,600

194,600

191,600

187,100

184,100

177,600

164,700

173,700

168,400

167,800

173,900

33,000

241,500

240,300

258,200

75,900

272,000

263,400

280,900

260,200

271,300

266,600

268,200

248,100

230,400

237,300

231,000

220,600

234,500

242,000

244,600

160,900

241,200

240,400

244,100

233,500

232,300

230,600

247,000

284,400

Research and development

19,200

17,700

22,900

18,100

16,900

15,000

20,400

15,000

14,500

14,600

13,200

14,600

14,800

15,000

18,000

18,700

18,200

16,900

-28,200

33,400

35,800

35,400

-22,000

33,800

33,200

33,500

34,600

33,500

32,300

33,300

36,000

32,500

29,800

28,100

32,400

29,300

27,900

29,200

31,900

29,300

26,300

27,200

29,400

24,100

29,600

33,200

33,100

Company headquarters relocation income (expense)

33,800

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Separation Costs Legal And Advisory Fees Before Tax

-

-

-

-

-

-

-

-

-

-

0

0

0

32,500

21,700

9,500

7,400

12,000

7,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Project suspension costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost reduction and asset actions

-

-

0

25,500

-

-

-

0

-

-

48,400

42,700

10,300

50,000

10,600

13,200

10,700

0

34,100

58,200

55,400

32,400

11,100

0

0

0

-

-

-

-

-

0

86,800

-

-

0

0

-

-

-

-

-

0

124,000

0

174,200

0

Pension settlement loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,000

-2,000

-

-

-1,600

-12,600

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,300

-

-

-

8,000

-

-

1,000

Goodwill and intangible asset impairment charge

-

-

-

-

-

-

-

-

-

-

-

162,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Gain (Loss) On Exchange Of Equity Affiliate Investments

-

-

0

29,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on previously held equity interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

17,900

0

0

0

0

-

-

-

-

-

85,900

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Net loss on Airgas transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,000

43,500

-

37,900

23,400

-

-

-

-

-

-

Customer bankruptcy

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,800

-

-

-

22,200

-

-

0

Other income (expense), net

8,100

12,300

15,600

14,700

10,400

8,600

7,000

5,800

15,300

22,100

48,000

26,300

22,000

24,700

20,100

11,100

13,300

4,900

28,000

4,500

4,700

8,300

4,100

3,700

17,000

20,400

24,500

16,100

18,000

11,600

9,600

10,500

13,300

13,700

15,900

5,200

13,900

6,700

13,100

8,000

10,400

11,400

9,300

5,700

5,100

2,900

3,600

Operating Income

577,200

561,000

603,200

569,700

516,500

455,000

533,700

515,800

455,400

460,700

457,400

258,700

395,600

328,300

396,400

394,600

371,600

372,500

1,500

424,800

376,900

430,000

-259,900

413,800

384,700

385,600

179,200

383,100

389,700

372,400

157,900

482,800

287,900

353,800

366,000

387,700

393,800

360,600

245,700

336,400

340,600

345,000

328,000

143,800

260,400

114,100

393,700

Equity affiliates' income

88,200

58,200

59,900

56,400

46,200

52,900

59,200

58,100

43,700

13,800

44,800

-36,900

34,200

38,000

39,300

42,100

32,300

33,300

33,800

42,400

33,000

43,100

37,200

43,100

30,400

38,200

42,400

44,200

39,800

41,400

39,500

41,700

35,500

37,100

55,100

39,700

31,700

27,800

35,300

32,500

32,200

26,900

32,200

28,500

27,000

24,500

46,500

Interest expense

19,300

18,700

30,100

34,200

35,400

37,300

35,400

34,900

30,400

29,800

30,800

29,800

30,500

29,500

32,200

35,100

25,700

22,200

22,100

28,200

23,400

29,100

27,900

31,300

31,500

33,300

35,400

35,400

35,200

35,800

38,900

26,000

29,400

29,400

28,600

26,500

29,400

31,000

30,800

30,000

29,500

31,600

27,900

27,500

30,000

36,500

39,500

Other non-operating income (expense), net

7,100

9,100

16,900

17,600

13,700

18,500

-28,600

12,800

11,100

9,800

7,800

3,700

5,300

-200

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income From Continuing Operations Before Taxes

653,200

609,600

649,900

609,500

541,000

489,100

528,900

551,800

479,800

454,500

479,200

195,700

404,600

336,600

391,200

401,600

378,200

383,600

-3,400

439,000

386,500

444,000

-250,600

425,600

383,600

390,500

186,200

391,900

394,300

378,000

158,500

498,500

294,000

361,500

392,500

400,900

396,100

357,400

250,200

338,900

343,300

340,300

332,300

144,800

257,400

102,100

400,700

Income tax provision

148,500

120,700

131,200

109,300

107,500

132,100

69,200

107,100

56,200

291,800

-1,300

89,300

94,500

78,400

96,800

145,900

93,500

96,400

1,900

104,100

87,700

106,500

-30,600

102,100

92,100

94,500

25,800

94,100

95,800

92,200

17,800

133,300

8,800

127,400

95,200

95,400

103,200

81,500

59,700

77,600

84,900

83,500

86,300

25,400

66,500

7,100

98,100

Income From Continuing Operations

504,700

-

518,700

500,200

433,500

-

459,700

444,700

423,600

162,700

480,500

106,400

310,100

258,200

294,400

255,700

284,700

287,200

-5,300

334,900

298,800

337,500

-220,000

323,500

291,500

296,000

160,400

297,800

298,500

285,800

140,700

365,200

285,200

234,100

-

305,500

292,900

-

-

261,300

-

-

246,000

119,400

190,900

95,000

-

Loss from discontinued operations, net of tax

-14,300

-

0

0

0

-

0

43,200

0

-1,000

-5,500

-2,300

1,825,600

48,200

106,500

98,400

-750,200

84,800

355,300

-1,700

-1,900

0

299,000

0

0

3,100

-13,100

600

1,100

1,400

1,600

127,300

17,000

22,200

-

29,500

18,600

-

-

-

-

-

-

-1,400

16,300

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

490,400

488,900

518,700

500,200

433,500

357,000

459,700

487,900

423,600

161,700

475,000

104,100

2,135,700

306,400

400,900

354,100

-465,500

372,000

350,000

333,200

296,900

337,500

79,000

323,500

291,500

299,100

147,300

298,400

299,600

287,200

142,300

492,500

302,200

256,300

339,100

335,000

311,500

275,900

278,000

261,300

258,400

256,800

243,900

118,000

207,200

73,600

-

Less: Net income attributable to noncontrolling interests of continuing operations

12,600

-

-

12,200

12,200

-

6,800

14,000

7,200

7,100

6,300

2,200

5,700

6,600

5,000

5,400

5,800

6,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Attributable to Noncontrolling Interests of Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,900

1,900

2,000

2,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Noncontrolling Interest

-

13,300

-

-

-

9,500

-

-

-

-

-

-

-

-

-

-

-

-

-

14,400

6,900

12,900

-

9,500

8,000

8,900

10,200

10,000

9,200

8,900

3,600

8,000

6,200

8,200

14,300

8,500

7,200

7,300

5,900

8,100

6,400

5,000

0

4,800

1,600

5,000

7,600

Net Income (Loss) Attributable to Parent

477,800

475,600

503,200

488,000

421,300

347,500

452,900

473,900

416,400

154,600

468,700

101,900

2,130,000

299,800

394,000

346,800

-473,300

363,600

344,500

318,800

290,000

324,600

104,000

314,000

283,500

290,200

137,100

288,400

290,400

278,300

138,700

484,500

296,000

248,100

324,800

326,500

304,300

268,600

272,100

253,200

252,000

251,800

243,900

113,200

205,600

68,600

70,100

Net Income Attributable to Air Products
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

492,100

-

503,200

488,000

421,300

-

452,900

430,700

416,400

155,600

474,200

104,200

304,400

251,600

289,400

250,300

278,900

280,900

-3,700

320,500

291,900

324,600

-187,900

314,000

283,500

287,100

150,200

287,800

289,300

276,900

137,100

357,200

279,000

225,900

-

297,000

285,700

-

-

253,200

-

-

246,000

114,600

189,300

90,000

295,000

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-14,300

-

0

0

0

-

0

43,200

0

-1,000

-5,500

-2,300

1,825,600

48,200

104,600

96,500

-752,200

82,700

348,200

-1,700

-1,900

0

291,900

0

0

3,100

-13,100

600

1,100

1,400

1,600

127,300

17,000

22,200

-

29,500

18,600

-

-

-

-

-

-2,100

-1,400

16,300

-21,400

-224,900

Loss from Discontinued Operations

-14,300

-

0

0

0

-

0

43,200

0

-1,000

-5,500

-2,300

1,825,600

48,200

-

96,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,400

16,300

-21,400

-224,900

Net Income Attributable to Air Products

477,800

475,600

503,200

488,000

421,300

347,500

452,900

473,900

416,400

154,600

468,700

101,900

2,130,000

299,800

394,000

346,800

-473,300

363,600

344,500

318,800

290,000

324,600

104,000

314,000

283,500

290,200

137,100

288,400

290,400

278,300

138,700

484,500

296,000

248,100

324,800

326,500

304,300

268,600

272,100

253,200

252,000

251,800

243,900

113,200

205,600

68,600

70,100

Basic Earnings Per Common Share Attributable to Air Products
Basic earnings per share from continuing operations (in dollars per share)

2.22

-

2.28

2.21

1.91

-

2.07

1.96

1.90

0.71

2.16

0.48

1.40

1.16

1.33

1.16

1.29

1.30

-0.03

1.49

1.36

1.52

-0.88

1.47

1.33

1.36

0.71

1.38

1.38

1.32

0.65

1.69

1.32

1.07

-

1.40

1.34

-

-

1.19

-

-

1.17

0.55

0.90

0.43

1.40

Basic earnings per share from discontinued operations (in dollars per share)

-0.06

-

0.00

0.00

0.00

-

-0.01

0.20

0.00

0.00

-0.03

-0.01

8.38

0.22

0.50

0.44

-3.48

0.38

1.63

-0.01

-0.01

0.00

1.37

0.00

0.00

0.01

-0.07

0.00

0.01

0.01

0.01

0.60

0.08

0.11

-

0.14

0.08

-

-

-

-

-

-0.01

-0.01

0.08

-0.10

-1.07

Basic Earnings Per Common Share Attributable to Air Products (in dollars per share)

2.16

2.15

2.28

2.21

1.91

1.58

2.06

2.16

1.90

0.71

2.13

0.47

9.78

1.38

1.83

1.60

-2.19

1.68

1.60

1.48

1.35

1.52

0.49

1.47

1.33

1.37

0.64

1.38

1.39

1.33

0.66

2.29

1.40

1.18

1.54

1.54

1.42

1.25

1.28

1.19

1.19

1.19

1.16

0.54

0.98

0.33

0.33

Diluted Earnings Per Common Share Attributable to Air Products
Diluted earnings per share from continuing operations (in dollars per share)

2.21

-

2.27

2.20

1.90

-

2.05

1.95

1.89

0.70

2.15

0.47

1.39

1.15

1.32

1.15

1.28

1.29

-0.03

1.48

1.34

1.50

-0.88

1.46

1.32

1.34

0.70

1.36

1.37

1.30

0.64

1.66

1.30

1.06

-

1.37

1.31

-

-

1.17

-

-

1.15

0.54

0.89

0.42

1.35

Diluted earnings per share from discontinued operations (in dollars per share)

-0.06

-

0.00

0.00

0.00

-

-0.01

0.20

0.00

0.00

-0.03

-0.01

8.31

0.22

0.48

0.44

-3.45

0.38

1.61

-0.01

-0.01

0.00

1.36

0.00

0.00

0.01

-0.07

0.00

0.01

0.01

0.00

0.60

0.08

0.10

-

0.13

0.08

-

-

-

-

-

-0.01

-0.01

0.08

-0.10

-1.03

Diluted Earnings Per Common Share Attributable to Air Products (in dollars per share)

2.15

2.14

2.27

2.20

1.90

1.57

2.04

2.15

1.89

0.70

2.12

0.46

9.70

1.37

1.80

1.59

-2.17

1.67

1.58

1.47

1.33

1.50

0.48

1.46

1.32

1.35

0.63

1.36

1.38

1.31

0.64

2.26

1.38

1.16

1.51

1.50

1.39

1.23

1.25

1.17

1.16

1.16

1.14

0.53

0.97

0.32

0.32

Weighted Average Number of Shares Outstanding, Basic

221,200

220,900

220,700

220,600

220,200

219,900

219,400

219,500

219,400

218,900

218,300

218,100

217,900

217,700

217,100

216,600

216,100

215,800

215,300

215,200

214,900

214,200

213,700

212,900

212,400

211,800

211,000

209,400

208,400

210,000

211,900

211,500

211,100

210,300

211,500

212,500

213,800

214,200

212,700

212,300

212,100

211,700

210,800

209,800

209,600

209,400

211,200

Weighted Average Number of Shares Outstanding, Diluted

222,300

222,200

222,100

221,900

221,400

221,000

221,100

220,900

220,800

220,400

220,000

219,800

219,700

219,700

219,200

218,500

217,900

217,600

217,800

217,400

217,400

216,600

216,200

215,400

214,900

214,300

213,700

211,900

211,000

212,600

215,200

214,700

215,000

213,900

215,100

217,300

218,800

219,200

217,600

216,900

216,900

217,000

215,600

214,000

212,300

212,100

218,200

Dividends Declared Per Common Share - Cash (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.95

0.95

0.86

-

0.86

0.86

0.81

-

0.81

0.81

0.77

-

0.77

0.77

0.71

-

0.71

0.71

0.64

-

0.64

0.64

0.58

-

0.58

0.58

0.49

-

0.49

0.49

0.45

-

0.45

0.45

0.44

0.44