What spending has Air Products And Chemicals, Inc. already committed to?
Disclosed unconditional purchase obligations by year, compared with cash and a cash-generation scenario.
Committed purchases at Sep 30, 2025
Tagged purchase obligations total $10.47B. Cash and equivalents were $1.86B and the latest annual operating cash flow $3.26B.
| Due | Obligations | Source |
|---|---|---|
| Year 1 | $4.45B | 10-K filed 2025-11-20 · UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary |
| Year 2 | $779.0M | 10-K filed 2025-11-20 · UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary |
| Year 3 | $608.0M | 10-K filed 2025-11-20 · UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary |
| Year 4 | $634.0M | 10-K filed 2025-11-20 · UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary |
| Year 5 | $621.0M | 10-K filed 2025-11-20 · UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary |
| Thereafter | Not disclosed in structured data |
Contractual purchase obligations only. Discretionary capital spending plans are not included unless the company tags them here.
When would commitments exceed available cash?
| Year | Due | Cumulative due | Cash + available cash flow |
|---|---|---|---|
| Year 1 | $4.45B | $4.45B | $2.67B |
| Year 2 | $779.0M | $5.22B | $3.48B |
| Year 3 | $608.0M | $5.83B | $4.30B |
| Year 4 | $634.0M | $6.47B | $5.11B |
| Year 5 | $621.0M | $7.09B | $5.93B |
Under this scenario, cumulative commitments exceed starting cash plus available cash flow in Year 1.
How the year-one commitment has changed
| Period end | Due within a year | Total |
|---|---|---|
| Sep 30, 2021 | $1.66B | $9.98B |
| Sep 30, 2022 | $3.79B | $10.59B |
| Sep 30, 2023 | $6.36B | $16.12B |
| Sep 30, 2024 | $7.51B | $15.89B |
| Sep 30, 2025 | $4.45B | $10.47B |