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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Sales $ 6,739 $ 6,944
Cost of sales, exclusive of depreciation and amortization 3,843 4,116
Selling, general and administrative 861 879
Depreciation and amortization 1,142 1,223
Research and development 44 46
Cost reduction programs and other charges 131 89
Other income (expense) - net 15 18
Operating Profit 733 609
Interest expense - net 24 23
Net pension and OPEB cost (benefit), excluding service cost (45) 15
Income From Continuing Operations Before Income Taxes and Equity Investments 754 571
Income taxes on continuing operations 165 140
Income From Continuing Operations Before Equity Investments 589 431
Income from equity investments 17 34
Income From Continuing Operations (Including Noncontrolling Interests) 606 465
Income from discontinued operations, net of tax 2 89
Net Income (Including Noncontrolling Interests) 608 554
Less: noncontrolling interests from continuing operations (35) (30)
Less: noncontrolling interest from discontinued operations 0 (7)
Net Income – Linde plc 573 517
Income from continuing operations 571 435
Income from discontinued operations $ 2 $ 82
Per Share Data – Linde plc Shareholders    
Basic earnings per share from continuing operations (in dollars per share) $ 1.07 $ 0.80
Basic earnings per share from discontinued operations (in dollars per share) 0 0.15
Basic earnings per share (in dollars per share) 1.07 0.95
Diluted earnings per share from continuing operations (in dollars per share) 1.07 0.79
Diluted earnings per share from discontinued operations (in dollars per share) 0 0.15
Diluted earnings per share (in dollars per share) $ 1.07 $ 0.94
Weighted Average Shares Outstanding (000’s):    
Basic shares outstanding (in shares) 531,215 545,554
Diluted shares outstanding (in shares) 534,956 549,147