Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Long-term And Short-term Debt

The following is a summary of Linde's outstanding debt at March 31, 2020 and December 31, 2019:

(Millions of dollars)	March 31, 2020			December 31, 2019
SHORT-TERM
Commercial paper and U.S. bank borrowings	$	3,994		$	996
Other bank borrowings (primarily international)	854			736
Total short-term debt	4,848			1,732
LONG-TERM (a)
(U.S. dollar denominated unless otherwise noted)
2.25% Notes due 2020	300			300
1.75% Euro denominated notes due 2020 (b)	1,113			1,137
0.634% Euro denominated notes due 2020	55			56
4.05% Notes due 2021	499			499
3.875% Euro denominated notes due 2021 (b)	694			711
3.00% Notes due 2021	499			499
0.250% Euro denominated notes due 2022 (b)	1,110			1,129
2.45% Notes due 2022	599			599
2.20% Notes due 2022	499			499
2.70% Notes due 2023	499			499
2.00% Euro denominated notes due 2023 (b)	761			776
5.875% GBP denominated notes due 2023 (b)	428			456
1.20% Euro denominated notes due 2024	605			615
1.875% Euro denominated notes due 2024 (b)	356			361
2.65% Notes due 2025	398			398
1.625% Euro denominated notes due 2025	547			556
3.20% Notes due 2026	725			725
3.434% Notes due 2026	196			196
1.652% Euro denominated notes due 2027	91			93
1.00% Euro denominated notes due 2028 (b)	865			872
1.90% Euro denominated notes due 2030	117			118
3.55% Notes due 2042	662			662
Other	10			10
International bank borrowings	262			309
Obligations under finance leases	137			149
	12,027			12,224
Less: current portion of long-term debt	(2,006		)	(1,531		)
Total long-term debt	10,021			10,693
Total debt	$	16,875		$	13,956

(a) Amounts are net of unamortized discounts, premiums and/or debt issuance costs as applicable.

(b) March 31, 2020 and December 31, 2019 included a cumulative $9 million and $38 million adjustment to carrying value, respectively, related to hedge accounting of interest rate swaps. Refer to Note 5 for additional information.