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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Sales $ 7,204 $ 3,044 $ 14,148 $ 6,027
Cost of sales, exclusive of depreciation and amortization 4,280 1,706 8,396 3,367
Selling, general and administrative 884 307 1,763 617
Depreciation and amortization 1,195 311 2,418 622
Research and development 45 24 91 48
Cost reduction programs and other charges 141 24 230 43
Other income (expense) - net 10 17 28 12
Operating Profit 669 689 1,278 1,342
Interest expense - net 10 44 33 90
Net pension and OPEB cost (benefit), excluding service cost (24) 2 (9) 4
Income From Continuing Operations Before Income Taxes and Equity Investments 683 643 1,254 1,248
Income taxes on continuing operations 169 158 309 306
Income From Continuing Operations Before Equity Investments 514 485 945 942
Income from equity investments 28 14 62 29
Income From Continuing Operations (Including Noncontrolling Interests) 542 499 1,007 971
Income from discontinued operations, net of tax 9 0 98 0
Net Income (Including Noncontrolling Interests) 551 499 1,105 971
Less: noncontrolling interests from continuing operations (29) (19) (59) (29)
Less: noncontrolling interest from discontinued operations     (7) 0
Net Income – Linde plc 522 480 1,039 942
Income from continuing operations 513 480 948 942
Income from discontinued operations $ 9 $ 0 $ 91 $ 0
Per Share Data – Linde plc Shareholders        
Basic earnings per share from continuing operations (in dollars per share) $ 0.95 $ 1.67 $ 1.74 $ 3.27
Basic earnings per share from discontinued operations (in dollars per share) 0.02 0 0.17 0
Basic earnings per share (in dollars per share) 0.97 1.67 1.91 3.27
Diluted earnings per share from continuing operations (in dollars per share) 0.94 1.65 1.73 3.24
Diluted earnings per share from discontinued operations (in dollars per share) 0.02 0 0.17 0
Diluted earnings per share (in dollars per share) $ 0.96 $ 1.65 $ 1.90 $ 3.24
Weighted Average Shares Outstanding (000’s):        
Basic shares outstanding (in shares) 542,561 287,803 544,033 287,654
Diluted shares outstanding (in shares) 546,488 290,908 547,771 290,926