Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2025

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, 2025.

(Millions of dollars)	Quarter Ended September 30,
Sales	Americas		EMEA		APAC		Engineering		Other		Total		%
2025
Merchant	$	1,242	$	736	$	591	$	—	$	50	$	2,619	30	%
On-Site	893		424		717		—		—		2,034		24	%
Packaged Gas	1,641		1,011		375		—		6		3,033		35	%
Other	70		7		58		519		275		929		11	%
Total	$	3,846	$	2,178	$	1,741	$	519	$	331	$	8,615	100	%
2024
Merchant	$	1,160	$	704	$	589	$	—	$	48	$	2,501	30	%
On-Site	799		441		680		—		—		1,920		23	%
Packaged Gas	1,602		954		371		—		8		2,935		35	%
Other	57		12		76		611		244		1,000		12	%
Total	$	3,618	$	2,111	$	1,716	$	611	$	300	$	8,356	100	%

(Millions of dollars)	Nine Months Ended September 30,
Sales	Americas		EMEA		APAC		Engineering		Other		Total		%
2025
Merchant	$	3,652	$	2,133	$	1,658	$	—	$	148	$	7,591	30	%
On-Site	2,659		1,276		2,082		—		—		6,017		24	%
Packaged Gas	4,830		2,939		1,041		—		20		8,830		35	%
Other	183		23		154		1,635		789		2,784		11	%
Total	$	11,324	$	6,371	$	4,935	$	1,635	$	957	$	25,222	100	%
2024
Merchant	$	3,455	$	2,081	$	1,686	$	—	$	155	$	7,377	30	%
On-Site	2,388		1,294		2,016		—		—		5,698		23	%
Packaged Gas	4,825		2,874		1,041		—		22		8,762		35	%
Other	165		44		221		1,694		762		2,886		12	%
Total	$	10,833	$	6,293	$	4,964	$	1,694	$	939	$	24,723	100	%