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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Sales $ 30,793 $ 27,243 $ 28,228
Cost of sales, exclusive of depreciation and amortization 17,543 15,383 16,644
Selling, general and administrative 3,189 3,193 3,457
Depreciation and amortization 4,635 4,626 4,675
Research and development 143 152 184
Cost reduction programs and other charges 273 506 567
Net gain on sale of businesses 0 0 164
Other income (expenses) – net (26) (61) 68
Operating Profit 4,984 3,322 2,933
Interest expense – net 77 115 38
Net pension and OPEB cost (benefit), excluding service cost (192) (177) (32)
Income From Continuing Operations Before Income Taxes and Equity Investments 5,099 3,384 2,927
Income taxes on continuing operations 1,262 847 769
Income From Continuing Operations Before Equity Investments 3,837 2,537 2,158
Income from equity investments 119 85 114
Income From Continuing Operations (Including Noncontrolling Interests) 3,956 2,622 2,272
Income from discontinued operations, net of tax 5 4 109
Net Income (Including Noncontrolling Interests) 3,961 2,626 2,381
Less: noncontrolling interests from continuing operations (135) (125) (89)
Less: noncontrolling interests from discontinued operations 0 0 (7)
Net Income – Linde plc 3,826 2,501 2,285
Net Income – Linde plc      
Income from continuing operations 3,821 2,497 2,183
Income from discontinued operations $ 5 $ 4 $ 102
Per Share Data – Linde plc Shareholders      
Basic earnings per share from continuing operations (in dollars per share) $ 7.39 $ 4.74 $ 4.03
Basic earnings per share from discontinued operations (in dollars per share) 0.01 0.01 0.19
Basic earnings per share (in dollars per share) 7.40 4.75 4.22
Diluted earnings per share from continuing operations (in dollars per share) 7.32 4.70 4.00
Diluted earnings per share from discontinued operations (in dollars per share) 0.01 0.01 0.19
Diluted earnings per share (in dollars per share) $ 7.33 $ 4.71 $ 4.19
Weighted Average Shares Outstanding (000’s):      
Basic shares outstanding (in shares) 516,896 526,736 541,094
Diluted shares outstanding (in shares) 521,875 531,157 545,170