Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Other Intangible Assets

The following is a summary of Linde’s other intangible assets at December 31, 2023 and 2022:  

(Millions of dollars) For the year ended December 31, 2023	Customer Relationships		Brands/Tradenames		Other Intangible Assets		Total
Cost:
Balance, December 31, 2022	$	11,062	$	2,565	$	1,697	$	15,324
Additions	258		6		50		314
Foreign currency translation	185		38		41		264
Disposals	(3)		—		(20)		(23)
Other *	(23)		—		145		122
Balance, December 31, 2023	11,479		2,609		1,913		16,001
Less: accumulated amortization:
Balance, December 31, 2022	(1,841)		(196)		(867)		(2,904)
Amortization expense (Note 7)	(423)		(36)		(91)		(550)
Foreign currency translation	(36)		(1)		(24)		(61)
Disposals	—		—		21		21
Other *	30		—		(138)		(108)
Balance, December 31, 2023	(2,270)		(233)		(1,099)		(3,602)
Net balance at December 31, 2023	$	9,209	$	2,376	$	814	$	12,399
(Millions of dollars) For the year ended December 31, 2022	Customer Relationships		Brands/Tradenames		Other Intangible Assets		Total
Cost:
Balance, December 31, 2021	$	11,859	$	2,685	$	1,629	$	16,173
Additions	19		—		53		72
Foreign currency translation	(660)		(120)		(56)		(836)
Disposals (Note 2)	(140)		—		(45)		(185)
Other *	(16)		—		116		100
Balance, December 31, 2022	11,062		2,565		1,697		15,324
Less: accumulated amortization:
Balance, December 31, 2021	(1,541)		(159)		(671)		(2,371)
Amortization expense (Note 7)	(419)		(42)		(110)		(571)
Foreign currency translation	80		5		13		98
Disposals (Note 2)	34		—		16		50
Other *	5		—		(115)		(110)
Balance, December 31, 2022	(1,841)		(196)		(867)		(2,904)
Net balance at December 31, 2022	$	9,221	$	2,369	$	830	$	12,420

*Other primarily relates to the write-off of fully amortized assets and reclassifications.

Schedule of Estimated Future Amortization Expense

Total estimated annual amortization expense related to finite-lived intangibles is as follows: 

(Millions of dollars)
2024	$	578
2025	528
2026	516
2027	505
2028	492
Thereafter	8,035
Total amortization related to finite-lived intangible assets	10,654
Indefinite-lived intangible assets at December 31, 2023	1,745
Net intangible assets at December 31, 2023	$	12,399