Air Products Chemicals Inc
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 6, 2025
Contents
Goodwill
- GOODWILL
Changes to the carrying amount of consolidated goodwill by segment for the three months ended 31 December 2024 are as follows:
| Americas | Asia | Europe | Middle East and India | Corporate and other | Total | |
|---|---|---|---|---|---|---|
| Goodwill, net as of 30 September 2024 | $146.3 | $174.7 | $534.3 | $15.8 | $34.0 | $905.1 |
| Currency translation | (4.2) | (4.4) | (29.7) | — | (0.3) | (38.6) |
| Goodwill, net as of 31 December 2024 | $142.1 | $170.3 | $504.6 | $15.8 | $33.7 | $866.5 |
| 31 December | 30 September | |
|---|---|---|
| 2024 | 2024 | |
| Goodwill, gross | $1,131.5 | $1,199.8 |
| Accumulated impairment losses(A) | (265.0) | (294.7) |
| Goodwill, net | $866.5 | $905.1 |
(A)Accumulated impairment losses are attributable to our Latin America reporting unit ("LASA") within the Americas segment and include the impact of currency translation.
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.
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