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Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Summary of Changes in Total Equity A summary of the changes in total equity for the three months ended March 31, 2023 and 2022 is provided below:
Quarter Ended March 31,
(Millions of dollars)20232022
ActivityLinde plc
Shareholders’
Equity
Noncontrolling
Interests
Total
Equity
Linde plc
Shareholders’
Equity
Noncontrolling
Interests
Total
Equity
Balance, beginning of period $40,028 $1,346 $41,374 $44,035 $1,393 $45,428 
Net income (a)1,516 36 1,552 1,174 36 1,210 
Other comprehensive income (loss)(28)(2)(30)110 (12)98 
Noncontrolling interests:
Additions (reductions)— — 
Dividends and other capital changes— (29)(29)— (7)(7)
Dividends to Linde plc ordinary share holders ($1.275 per share in 2023 and $1.17 per share in 2022)
(623)— (623)(592)— (592)
Issuances of ordinary shares:
For employee savings and incentive plans(63)— (63)(46)— (46)
Purchases of ordinary shares(890)— (890)(1,752)— (1,752)
Share-based compensation30 — 30 34 — 34 
Balance, end of period$39,970 $1,353 $41,323 $42,963 $1,414 $44,377 
(a) Net income for noncontrolling interests excludes net income related to redeemable noncontrolling interests which is not significant for the three months ended March 31, 2023 and 2022 and which is not part of total equity.
Summary of Components of AOCI
The components of Accumulated other comprehensive income (loss) are as follows:
March 31,December 31,
(Millions of dollars)20232022
Cumulative translation adjustment - net of taxes:
Americas$(3,754)$(3,942)
EMEA(1,016)(1,249)
APAC(881)(835)
Engineering(190)(241)
Other 288 483 
(5,553)(5,784)
Derivatives - net of taxes(3)62 
Pension / OPEB (net of $9 million tax benefit and $54 million tax obligation at March 31, 2023 and December 31, 2022, respectively)
(254)(60)
$(5,810)$(5,782)