Earnings Per Share – Linde plc Shareholders

6 Months Ended

Jun. 30, 2020

Earnings Per Share – Linde plc Shareholders

Basic and diluted earnings per share is computed by dividing Income from continuing operations, Income from discontinued operations and Net income – Linde plc for the period by the weighted average number of either basic or diluted shares outstanding, as follows:


	Quarter Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Numerator (Millions of dollars)
Income from continuing operations	$	458	$	513	$	1,029	$	948
Income from discontinued operations	—		9		2		91
Net Income – Linde plc	$	458	$	522	$	1,031	$	1,039
Denominator (Thousands of shares)
Weighted average shares outstanding	525,238		542,356		528,118		543,834
Shares earned and issuable under compensation plans	272		205		267		199
Weighted average shares used in basic earnings per share	525,510		542,561		528,385		544,033
Effect of dilutive securities
Stock options and awards	3,544		3,927		3,727		3,738
Weighted average shares used in diluted earnings per share	529,054		546,488		532,112		547,771
Basic earnings per share from continuing operations	$	0.87	$	0.95	$	1.95	$	1.74
Basic earnings per share from discontinued operations	—		0.02		—		0.17
Basic Earnings Per Share	$	0.87	$	0.97	$	1.95	$	1.91
Diluted earnings per share from continuing operations	$	0.87	$	0.94	$	1.93	$	1.73
Diluted earnings per share from discontinued operations	—		0.02		—		0.17
Diluted Earnings Per Share	$	0.87	$	0.96	$	1.93	$	1.90

There were no antidilutive shares for any period presented.