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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables show sales by distribution method at the consolidated level and for each reportable segment and Other for the years ended December 31, 2024, 2023 and 2022.
(Millions of dollars)
Year Ended December 31, 2024
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$4,572 $2,765 $2,233 $— $208 $9,778 30 %
On-Site3,239 1,722 2,695 — — 7,656 23 %
Packaged Gas6,414 3,805 1,376 — 28 11,623 35 %
Other217 60 328 2,322 1,021 3,948 12 %
$14,442 $8,352 $6,632 $2,322 $1,257 $33,005 100 %
(Millions of dollars)
Year Ended December 31, 2023
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$4,370 $2,773 $2,242 $— $218 $9,603 29 %
On-Site3,246 1,980 2,599 — — 7,825 24 %
Packaged Gas6,457 3,735 1,416 — 46 11,654 35 %
Other231 54 302 2,160 1,025 3,772 12 %
$14,304 $8,542 $6,559 $2,160 $1,289 $32,854 100 %
(Millions of dollars)
Year Ended December 31, 2022
SalesAmericasEMEAAPACEngineeringOtherTotal%
Merchant$3,786 $2,509 $2,220 $— $176 $8,691 26 %
On-Site4,048 2,415 2,471 — — 8,934 27 %
Packaged Gas5,831 3,466 1,523 — 51 10,871 33 %
Other209 53 266 2,762 1,578 4,868 14 %
$13,874 $8,443 $6,480 $2,762 $1,805 $33,364 100 %