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Debt (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Long-term And Short-term Debt
The following is a summary of Linde's outstanding debt at September 30, 2020 and December 31, 2019:
(Millions of dollars)September 30,
2020		December 31,
2019
SHORT-TERM
Commercial paper and U.S. bank borrowings$3,230 $996 
Other bank borrowings (primarily international)794 736 
Total short-term debt4,024 1,732 
LONG-TERM (a)
(U.S. dollar denominated unless otherwise noted)
2.25% Notes due 2020 (e)
— 300 
1.75% Euro denominated notes due 2020 (e),(b)
— 1,137 
0.634% Euro denominated notes due 2020
5956 
4.05% Notes due 2021
500 499 
3.875% Euro denominated notes due 2021 (b)
723 711 
3.00% Notes due 2021
499 499 
0.250% Euro denominated notes due 2022 (b)
1,178 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)
802 776 
5.875% GBP denominated notes due 2023 (b)
437 456 
1.20% Euro denominated notes due 2024
643 615 
1.875% Euro denominated notes due 2024 (b)
375 361 
2.65% Notes due 2025
398 398 
1.625% Euro denominated notes due 2025
582 556 
3.20% Notes due 2026
725 725 
3.434% Notes due 2026
196 196 
1.652% Euro denominated notes due 2027
97 93 
0.250% Euro denominated notes due 2027 (c)
877 — 
1.00% Euro denominated notes due 2028 (b)
927 872 
1.10% Notes due 2030 (d)
695 — 
1.90% Euro denominated notes due 2030
122 118 
0.550% Euro denominated notes due 2032 (c)
872 — 
3.55% Notes due 2042
664 662 
2.00% Notes due 2050 (d)
296 — 
Other10 10 
International bank borrowings355 309 
Obligations under finance leases150 149 
13,779 12,224 
Less: current portion of long-term debt(1,820)(1,531)
Total long-term debt11,959 10,693 
Total debt$17,803 $13,956 
 
(a)Amounts are net of unamortized discounts, premiums and/or debt issuance costs as applicable.
(b)September 30, 2020 and December 31, 2019 included a cumulative $22 million and $38 million adjustment to carrying value, respectively, related to hedge accounting of interest rate swaps. Refer to Note 5 for additional information.
(c)In May 2020, Linde issued €750 million of 0.250% notes due 2027 and €750 million of 0.550% notes due 2032.
(d)In August 2020, Linde issued $700 million of 1.100% notes due 2030 and $300 million of 2.000% notes due 2050.
(e)In September 2020, the company repaid €1,000 million of 1.75% notes and $300 million of 2.25% notes that became due.