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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Sales $ 8,356 $ 8,155 $ 24,723 $ 24,552
Cost of sales, exclusive of depreciation and amortization 4,356 4,314 12,823 13,061
Selling, general and administrative 823 808 2,523 2,463
Depreciation and amortization 960 959 2,867 2,867
Research and development 37 36 111 107
Cost reduction program and other charges 145 2 145 42
Other income (expense) - net 51 16 111 (16)
Operating Profit 2,086 2,052 6,365 5,996
Interest expense - net 68 40 203 129
Net pension and OPEB cost (benefit), excluding service cost (45) (35) (144) (125)
Income Before Income Taxes and Equity Investments 2,063 2,047 6,306 5,992
Income taxes 498 487 1,469 1,355
Income Before Equity Investments 1,565 1,560 4,837 4,637
Income from equity investments 38 41 131 128
Net Income (Including Noncontrolling Interests) 1,603 1,601 4,968 4,765
Less: noncontrolling interests (53) (36) (128) (109)
Net income - Linde plc $ 1,550 $ 1,565 $ 4,840 $ 4,656
Per Share Data – Linde plc Shareholders        
Basic earnings per share (in dollars per share) $ 3.24 $ 3.21 $ 10.09 $ 9.51
Diluted earnings per share (in dollars per share) $ 3.22 $ 3.19 $ 10.02 $ 9.43
Weighted Average Shares Outstanding (000’s):        
Basic shares outstanding (in shares) 477,662 487,122 479,825 489,518
Diluted shares outstanding (in shares) 480,898 491,076 483,186 493,567