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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Sales $ 27,243 $ 28,228 $ 14,836
Cost of sales, exclusive of depreciation and amortization 15,383 16,644 9,020
Selling, general and administrative 3,193 3,457 1,629
Depreciation and amortization 4,626 4,675 1,830
Research and development 152 184 113
Cost reduction programs and other charges 506 567 309
Net gain on sale of businesses 0 164 3,294
Other income (expenses) – net (61) 68 18
Operating Profit 3,322 2,933 5,247
Interest expense – net 115 38 202
Net pension and OPEB cost (benefit), excluding service cost (177) (32) (4)
Income From Continuing Operations Before Income Taxes and Equity Investments 3,384 2,927 5,049
Income taxes on continuing operations 847 769 817
Income From Continuing Operations Before Equity Investments 2,537 2,158 4,232
Income from equity investments 85 114 56
Income From Continuing Operations (Including Noncontrolling Interests) 2,622 2,272 4,288
Income from discontinued operations, net of tax 4 109 117
Net Income (Including Noncontrolling Interests) 2,626 2,381 4,405
Less: noncontrolling interests from continuing operations (125) (89) (15)
Less: noncontrolling interests from discontinued operations 0 (7) (9)
Net Income – Linde plc 2,501 2,285 4,381
Net Income – Linde plc      
Income from continuing operations 2,497 2,183 4,273
Income from discontinued operations $ 4 $ 102 $ 108
Per Share Data – Linde plc Shareholders      
Basic earnings per share from continuing operations (in dollars per share) $ 4.74 $ 4.03 $ 12.93
Basic earnings per share from discontinued operations (in dollars per share) 0.01 0.19 0.33
Basic earnings per share (in dollars per share) 4.75 4.22 13.26
Diluted earnings per share from continuing operations (in dollars per share) 4.70 4.00 12.79
Diluted earnings per share from discontinued operations (in dollars per share) 0.01 0.19 0.32
Diluted earnings per share (in dollars per share) $ 4.71 $ 4.19 $ 13.11
Weighted Average Shares Outstanding (000’s):      
Basic shares outstanding (in shares) 526,736 541,094 330,401
Diluted shares outstanding (in shares) 531,157 545,170 334,127