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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The table below presents information about reportable segments for the years ended December 31, 2023, 2022 and 2021.
(Millions of dollars)202320222021
Sales (a)
Americas$14,304 $13,874 $12,103 
EMEA8,542 8,443 7,643 
APAC6,559 6,480 6,133 
Engineering2,160 2,762 2,867 
Other1,289 1,805 2,047 
Total Sales$32,854 $33,364 $30,793 
 
202320222021
Segment Operating Profit
Americas$4,244 $3,732 $3,368 
EMEA2,486 2,013 1,889 
APAC1,806 1,670 1,502 
Engineering491 555 473 
Other43 (66)(56)
Reported Segment operating profit9,070 7,904 7,176 
Other charges (Note 3)(40)(1,029)(273)
Purchase accounting impacts - Linde AG(1,006)(1,506)(1,919)
Total operating profit$8,024 $5,369 $4,984 
202320222021
Depreciation and Amortization
Americas$1,423 $1,320 $1,243 
EMEA640 661 752 
APAC633 593 611 
Engineering33 33 39 
Other96 116 127 
Segment depreciation and amortization2,825 2,723 2,772 
Purchase accounting impacts - Linde AG991 1,481 1,863 
Total depreciation and amortization$3,816 $4,204 $4,635 
202320222021
Capital Expenditures and Acquisitions
Americas$2,999 $1,698 $1,354 
EMEA635 550 669 
APAC975 889 995 
Engineering24 28 25 
Other107 118 131 
Total Capital Expenditures and Acquisitions$4,740 $3,283 $3,174 
Sales reflect external sales only. Intersegment sales, primarily from Engineering to the industrial gases segments, were $1,479 million, $1,035 million and $896 million for the year ended December 31, 2023, 2022 and 2021, respectively.
Schedule of Segment Information, Sales by Major Country Table
202320222021
Sales by Major Country
United States$10,566 $10,553 $9,123 
Germany (c)2,827 3,662 3,601 
China2,585 2,643 2,562 
United Kingdom1,507 1,954 2,060 
Australia1,303 1,372 1,307 
Brazil1,302 1,158 1,065 
Other – non-U.S.12,764 12,022 11,075 
Total sales$32,854 $33,364 $30,793 
Sales in Germany include Engineering sales to third parties, locally and internationally, which represent 35%, 44% and 53% of Germany sales in 2023, 2022 and 2021, respectively.
Long-lived Assets by Geographic Areas
202320222021
Long-lived Assets by Major Country (b)
United States$8,490 $7,663 $7,659 
Germany1,584 1,678 2,003 
China2,063 2,176 2,385 
United Kingdom684 704 1,078 
Australia654 688 872 
Brazil836 720 705 
Other – non-U.S.10,241 9,919 11,301 
Total long-lived assets$24,552 $23,548 $26,003 
Long-lived assets include property, plant and equipment - net.