Business Combination and Divestitures (Tables)

12 Months Ended

Dec. 31, 2021

Business Combinations [Abstract]

Summary of Discontinued Operations

As such, operations related to the Linde AG merger-related divestitures are included within Income from discontinued operations, net of tax for periods subsequent to the merger, as summarized below:

Millions of dollars	2021		2020		2019
Net sales	$	5	$	7	$	449
Cost of sales	1		3		251
Other operating costs	1		1		43
Operating profit	$	3	$	3	$	155
Income from equity investments	2		1		8
Income taxes	—		—		54
Income from discontinued operations, net of tax	$	5	$	4	$	109
Noncontrolling interests	—		—		(7)
Income from continuing operations, net of tax and noncontrolling interests	$	5	$	4	$	102