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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Sales $ 8,267 $ 8,204 $ 16,367 $ 16,397
Cost of sales, exclusive of depreciation and amortization 4,251 4,316 8,467 8,747
Selling, general and administrative 840 833 1,700 1,655
Depreciation and amortization 958 960 1,907 1,908
Research and development 36 35 74 71
Other charges 0 22 0 40
Other income (expense) - net 2 (27) 60 (32)
Operating Profit 2,184 2,011 4,279 3,944
Interest expense - net 70 52 135 89
Net pension and OPEB cost (benefit), excluding service cost (49) (45) (99) (90)
Income Before Income Taxes and Equity Investments 2,163 2,004 4,243 3,945
Income taxes 508 438 971 868
Income Before Equity Investments 1,655 1,566 3,272 3,077
Income from equity investments 45 46 93 87
Net Income (Including Noncontrolling Interests) 1,700 1,612 3,365 3,164
Less: noncontrolling interests (37) (37) (75) (73)
Net Income – Linde plc $ 1,663 $ 1,575 $ 3,290 $ 3,091
Per Share Data – Linde plc Shareholders        
Basic earnings per share (in dollars per share) $ 3.46 $ 3.22 $ 6.84 $ 6.30
Diluted earnings per share (in dollars per share) $ 3.44 $ 3.19 $ 6.79 $ 6.25
Weighted Average Shares Outstanding (000’s):        
Basic shares outstanding (in shares) 479,973 489,618 480,943 490,727
Diluted shares outstanding (in shares) 483,177 493,549 484,366 494,685