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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Distribution Method
The following tables show sales by distribution method at the consolidated level and for each reportable segment and Other for the quarter and nine months ended September 30, 2024, and September 30, 2023.
(Millions of dollars)Quarter Ended September 30, 2024
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$1,160 $704 $589 $— $48 $2,501 30 %
On-Site799 441 680 — — 1,920 23 %
Packaged Gas1,602 954 371 — 2,935 35 %
Other57 12 76 611 244 1,000 12 %
Total$3,618 $2,111 $1,716 $611 $300 $8,356 100 %
(Millions of dollars)Quarter Ended September 30, 2023
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$1,131 $685 $564 $— $53 $2,433 30 %
On-Site843 473 651 — — 1,967 24 %
Packaged Gas1,599 936 352 — 2,895 35 %
Other56 11 72 467 254 860 11 %
Total$3,629 $2,105 $1,639 $467 $315 $8,155 100 %
(Millions of dollars)Nine Months Ended September 30, 2024
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$3,455 $2,081 $1,686 $— $155 $7,377 30 %
On-Site2,388 1,294 2,016 — — 5,698 23 %
Packaged Gas4,825 2,874 1,041 — 22 8,762 35 %
Other165 44 221 1,694 762 2,886 12 %
Total$10,833 $6,293 $4,964 $1,694 $939 $24,723 100 %
(Millions of dollars)Nine Months Ended September 30, 2023
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$3,268 $2,089 $1,685 $— $161 $7,203 29 %
On-Site2,403 1,504 1,972 — — 5,879 24 %
Packaged Gas4,875 2,810 1,072 — 40 8,797 36 %
Other175 39 191 1,502 766 2,673 11 %
Total$10,721 $6,442 $4,920 $1,502 $967 $24,552 100 %