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Equity and Noncontrolling Interests (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Schedule of Stockholder's Equity
Following is a summary of the Linde plc shareholders' equity transactions related to the merger:
 
Ordinary Shares
Additional Paid in Capital
Treasury Stock
(Dollar amounts in millions, shares in thousands)
Shares
Amount
 
Shares
Amount
 
 
 
 
 
 
Merger with Linde AG (a)
263,148

$
—

$
43,288

—

$
—

Conversion of Praxair to Linde plc shares (b)
—

(3
)
3

—

—

Cancellation of Praxair Treasury stock (c)
(95,324
)
—

(7,113
)
(95,324
)
7,113

     Impact of Linde AG merger
167,824

$
(3
)
$
36,178

(95,324
)
$
7,113
Schedule of Sale of Stock by Subsidiary or Equity Method Investee Disclosure
The following table provides a summary of the share activity resulting from the merger:

(in thousands, except Linde AG exchange ratio)
Linde plc shares exchanged for Linde AG shares
 
Linde AG common stock tendered as of October 31, 2018 (i)
170,875

Business combination agreement exchange ratio (ii)
1.54

Linde plc ordinary shares issued in exchange for Linde AG
263,148

Linde plc shares issued to Praxair shareholders upon conversion
 
Praxair shares outstanding at merger date
287,907

Total Linde plc shares issued at merger date
551,055

(i)
Number of Linde AG shares tendered in the 2017 Exchange Offer.
(ii)
Exchange ratio for Linde AG shares as set forth in the business combination agreement.
Redeemable Noncontrolling Interest
The following is a summary of redeemable noncontrolling interests for the years ended December 31, 2018, 2017 and 2016:

(Millions of dollars)
2018
 
2017
 
2016
Beginning Balance
$
11

 
$
11

 
$
113

Net income
3

 
2

 
3

Distributions to noncontrolling interest
(1
)
 
(3
)
 
(2
)
Redemption value adjustment/accretion
3

 
1

 
(6
)
Foreign currency translation and other
—

 
—

 
7

Purchase/divestiture of noncontrolling interest *
—

 
—

 
(104
)
Ending Balance
$
16

 
$
11

 
$
11


* In June 2016, Linde acquired the remaining 34% stake in a Scandinavian joint venture for $104 million. The cash payment related to this acquisition is shown in the financing section of the consolidated statements of cash flows under the caption "Noncontrolling interest transactions and other" as there was no change in control.