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Debt
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Debt Debt
The following is a summary of Linde's outstanding debt at June 30, 2020 and December 31, 2019:
(Millions of dollars)June 30,
2020		December 31,
2019
SHORT-TERM
Commercial paper and U.S. bank borrowings$2,944  $996  
Other bank borrowings (primarily international)735  736  
Total short-term debt3,679  1,732  
LONG-TERM (a)
(U.S. dollar denominated unless otherwise noted)
2.25% Notes due 2020
300  300  
1.75% Euro denominated notes due 2020 (b)
1,129  1,137  
0.634% Euro denominated notes due 2020
57  56  
4.05% Notes due 2021
500  499  
3.875% Euro denominated notes due 2021 (b)
700  711  
3.00% Notes due 2021
499  499  
0.250% Euro denominated notes due 2022 (b)
1,130  1,129  
2.45% Notes due 2022
599  599  
2.20% Notes due 2022
499  499  
2.70% Notes due 2023
499  499  
2.00% Euro denominated notes due 2023 (b)
772  776  
5.875% GBP denominated notes due 2023 (b)
423  456  
1.20% Euro denominated notes due 2024
616  615  
1.875% Euro denominated notes due 2024 (b)
360  361  
2.65% Notes due 2025
398  398  
1.625% Euro denominated notes due 2025
557  556  
3.20% Notes due 2026
725  725  
3.434% Notes due 2026
196  196  
1.652% Euro denominated notes due 2027
93  93  
0.250% Euro denominated notes due 2027 (c)
840  —  
1.00% Euro denominated notes due 2028 (b)
886  872  
1.90% Euro denominated notes due 2030
117  118  
0.550% Euro denominated notes due 2032 (c)
835  —  
3.55% Notes due 2042
664  662  
Other10  10  
International bank borrowings257  309  
Obligations under finance leases140  149  
13,801  12,224  
Less: current portion of long-term debt(2,723) (1,531) 
Total long-term debt11,078  10,693  
Total debt$17,480  $13,956  
 
(a)Amounts are net of unamortized discounts, premiums and/or debt issuance costs as applicable.
(b)June 30, 2020 and December 31, 2019 included a cumulative $18 million and $38 million adjustment to carrying value, respectively, related to hedge accounting of interest rate swaps. Refer to Note 5 for additional information.
(c)In May 2020, Linde issued €750 million of 0.250% notes due 2027 and €750 million 0.550% notes due 2032.

The company maintains a $5 billion unsecured revolving credit agreement with a syndicate of banking institutions that expires March 26, 2024. There are no financial maintenance covenants contained within the credit agreement. No borrowings were outstanding under the credit agreement as of June 30, 2020.