Business Context and Reporting Period
Company: Air Products & Chemicals, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 10, 2008
Event: The Company is reporting its U.S. healthcare business as discontinued operations beginning in the fourth quarter of fiscal 2008.
Key Financial Metrics
This filing does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It serves as a notice that unaudited restated historical financial information excluding discontinued operations has been posted to the Company's website and is attached as Exhibit 99.1.
Material Changes
- Discontinued Operations: The U.S. healthcare business is being reclassified as discontinued operations effective in the fourth quarter of fiscal 2008.
- Financial Restatement: Historical financial information has been restated to exclude the discontinued operations.
Guidance, Outlook, and Risks
The filing does not provide forward-looking guidance, management commentary on future outlook, or specific risk factors. It notes that the attached financial information is furnished in accordance with Rule 101(e)(1) under Regulation FD and is not deemed "filed" for purposes of Section 18 of the Securities Act of 1934.
Investor Verification Checklist
- Verify the unaudited restated historical financial information attached as Exhibit 99.1.
- Confirm the specific impact of the U.S. healthcare business discontinuation on fiscal 2008 results.
- Review the Company's website at the URL provided in the filing for the full presentation of continuing operations data.