Below are the financial statements of Air Products and Chemicals, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Current assets | — | — |
| Cash and cash items | 2,979.7a | 1,617a |
| Short-term investments | 5a | 332.2a |
| Trade receivables, net | 1,821.6a | 1,700.4a |
| Inventories | 766a | 651.8a |
| Prepaid expenses | 179.9a | 177a |
| Other receivables and current assets | 610.8a | 722.1a |
| Total current assets | 6,363a | 5,200.5a |
| Assets | — | — |
| Investment in net assets of and advances to equity affiliates | 4,792.5a | 4,617.8a |
| Plant and equipment, net | 23,370.9a | 17,472.1a |
| Goodwill, net | 905.1a | 861.7a |
| Intangible assets, net | 311.6a | 334.6a |
| Operating lease right-of-use assets, net | 1,047.7a | 974a |
| Noncurrent lease receivables | 392.1a | 494.7a |
| Financing receivables | 1,220.2a | 817.2a |
| Other noncurrent assets | 1,171.5a | 1,229.9a |
| Total noncurrent assets | 33,211.6a | 26,802a |
| Total assets | 39,574.6a | 32,002.5a |
| Current liabilities | — | — |
| Payables and accrued liabilities | 2,926.2a | 2,890.1a |
| Accrued income taxes | 558.5a | 131.2a |
| Short-term borrowings | 83.5a | 259.5a |
| Current portion of long-term debt | 611.4a | 615a |
| Total current liabilities | 4,179.6a | 3,895.8a |
| Liabilities and equity | — | — |
| Long-term debt | 13,428.6a | 9,280.6a |
| Long-term debt - related party | 104.4a | 150.7a |
| Noncurrent operating lease liabilities | 677.9a | 631.1a |
| Other noncurrent liabilities | 1,350.5a | 1,118a |
| Deferred income taxes | 1,159.9a | 1,266a |
| Total noncurrent liabilities | 16,721.3a | 12,446.4a |
| Total liabilities | 20,900.9a | 16,342.2a |
| Air Products shareholders’ equity | — | — |
| Common stock | 249.4a | 249.4a |
| Capital in excess of par value | 1,253.2a | 1,190.5a |
| Retained earnings | 19,545.7a | 17,289.7a |
| Accumulated other comprehensive loss | -2,027.7a | -2,449.4a |
| Treasury stock, at cost | -1,984.1a | -1,967.3a |
| Total Air Products shareholders' equity | 17,036.5a | 14,312.9a |
| Noncontrolling interests | 1,637.2a | 1,347.4a |
| Total equity | 18,673.7a | 15,660.3a |
| Total liabilities and equity | 39,574.6a | 32,002.5a |
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