NB: Not my lyrical transcription 

This is as close as I could come with my limited chord knowledge; if it isn't accurate
it works pretty well! Questions, or hopefully corrections are welcome.

C
In the calling out to one another
       Am
Of the lovers up and down the strand
Dm
In the sound of the waves and the cries
       G
Of the seagulls circling the sand

C
In the fragments of the songs
                 Am
Carried down the wind from some radio
Dm
In the murmuring of the city in the distance
G
Ominous and low

C                     Am  
I hear the sound of a world where we played
        Dm                           G
And the far too simple beauty of the promises we made

Am               F
If you ever need holding
C             G
Call my name, I'll be there

Am              F
If you ever need holding
       C                          G
And no holding back, I'll see you through

C   Am
Sky blue and black
Dm     G
//music w/o lyrics//

C
Where the touch of the lover ends
        Am
And the soul of the friend begins
          Dm
There's a need to be separate and a need to be one
      G
And a struggle neither wins

C
Where you gave me the world I was in
      Am
And a place I could make a stand
              Dm
(And) I could never see how you doubted me
         G
When I'd let go of your hand
C         Am
Yeah, and I was much younger then
      Dm                   
And I must have thought that I'd have known
   G
If things were going to end
Am                   F
And the heavens were rolling
C                 G
Like a wheel on a track
Am                F
And our sky was unfolding
C                     G
 And it'll never fold back

C            Am
Sky blue and black
Dm     G
//music w/o lyrics//

         Am
I'd have fought the world for you
          F
(I'd have fought the world for you)
     C                    G
If I thought that you wanted me to
       Am                     G
Or put aside what was true or untrue
       C
If I'd known that's what you needed
G
What you needed me to do

C                  Am
But the moment has passed by me now
        Dm
To have put away my pride
              G
And just come through for you somehow

Am              F
If you ever need holding
C            G
Call my name, I'll be there
Am              F
If you ever need holding
       C                          G
And no holding back, I'll see you through

C
You're the color of the sky
                  Am
Reflected in each store-front window pane
Dm
You're the whispering and the sighing
      G
Of my tires in the rain
C                                           Am
You're the hidden cost and the thing that's lost in everything I do
Dm            G          C
Yeah and I'll never stop looking for you

Am
//music w/o lyrics//

Dm
In the sunlight and the shadows
        G
And the faces on the avenue

C
That's the way love is
Am
That's the way love is
Dm
That's the way love is
G            C
Sky blue and black

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Chord Transcription: Vincent J. Florio