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Supplemental Information (Tables)
 12 Months Ended
Dec. 31, 2020
Supplemental Information [Abstract]  
Schedule Of Selling General And Administrative
(Millions of dollars)
Year Ended December 31,
202020192018
Selling, General and Administrative
Selling$1,303 $1,600 $757 
General and administrative1,890 1,857 872 
$3,193 $3,457 $1,629 
Schedule Of Depreciation And Amortization
Year Ended December 31,202020192018
Depreciation and Amortization (a)
Depreciation$3,861 $3,940 $1,615 
Amortization of intangibles (Note 10)765 735 215 
Depreciation and Amortization$4,626 $4,675 $1,830 
Depreciation and amortization expense in 2020 include $1,267 million and $653 million, respectively, of Linde AG purchase accounting impacts. In 2019, depreciation and amortization expense include $1,298 million and $642 million, respectively, of Linde AG purchase accounting impacts.
Schedule Of Other Income (Expense)
Year Ended December 31,202020192018
Other Income (Expenses) – Net
Currency related net gains (losses)$(28)$(11)$4 
Partnership income10 8 8 
Severance expense(5)(7)(7)
Asset divestiture gains (losses) – net(78)10 6 
Other – net40 68 7 
$(61)$68 $18 
Schedule Of Interest Expense

Year Ended December 31,
202020192018
Interest Expense – Net
Interest incurred on debt and other$277 $284 $297 
Interest income(55)(112)(80)
Amortization on acquired debt(85)(96)(21)
Interest capitalized(38)(38)(20)
Bond redemption (b)16 — 26 
$115 $38 $202 
In December 2018, Linde repaid $600 million of 4.50% notes due 2019 and €600 million of 1.50% notes due 2020 resulting in a $26 million interest charge. In December 2020, the company repaid $500 million of 4.05% notes and $500 million of 3.00% notes that were due in 2021 resulting in a $16 million interest charge.
Schedule Of Noncontrolling Interests Income

Year Ended December 31,
202020192018
Income Attributable to Noncontrolling Interests
Noncontrolling interests' operations (c)$125 $87 $12 
Redeemable noncontrolling interests' operations (Note 14)— 2 3 
Noncontrolling interests from continuing operations$125 $89 $15 
Noncontrolling interests from discontinued operations— $7 $9 
Noncontrolling interests from continuing operations includes a $1 million benefit in 2019 and a $35 million charge in 2018 related to the 8% of Linde AG Shares which were not tendered in the Exchange Offer. Linde AG completed the cash merger squeeze-out of all its minority shares on April 8, 2019 (see Note 2).In addition, 2020, 2019 and 2018 noncontrolling interests from continuing operations includes $57 million, $54 million and $24 million, respectively, of Linde AG purchase accounting impacts.
Schedule of Accounts, Notes, Loans and Financing Receivable
(Millions of dollars)
December 31,
20202019
Accounts Receivable
Trade and Other receivables$4,638 $4,628 
Less: allowance for expected credit losses(471)(306)
$4,167 $4,322 
Schedule Of Inventories

December 31,
20202019
Inventories
Raw materials and supplies$411 $396 
Work in process337 331 
Finished goods981 970 
$1,729 $1,697 
Schedule Of Prepaid And Other Current Assets
December 31,20202019
Prepaid and Other Current Assets
Prepaid and other deferred charges (d)$516 $516 
VAT recoverable261 275 
Unrealized gains on derivatives (Note 12)110 85 
Assets held for sale (Note 2)4 125 
Other221 264 
$1,112 $1,265 
Includes estimated income tax payments of $115 million in both 2020 and 2019.
Schedule Of Other Long-term Assets
December 31,20202019
Other Long-term Assets
Pension assets (Note 16)$55 $78 
Insurance contracts (e)61 75 
Long-term receivables, net (f)201 150 
Lease assets (Note 4)1,090 1,025 
Deposits47 56 
Investments carried at cost23 40 
Deferred charges96 90 
Deferred income taxes (Note 5) 268 243 
Unrealized gains on derivatives (Note 12)90 82 
Other217 174 
$2,148 $2,013 
Consists primarily of insurance contracts and other investments to be utilized for non-qualified pension and OPEB obligations.The balances at December 31, 2020 and 2019 are net of reserves of $34 million and $44 million, respectively. The amounts in both years relate primarily to long-term notes receivable from customers in APAC and EMEA and government receivables in Brazil.
Schedule Of Other Current Liabilities
December 31,20202019
Other Current Liabilities
Accrued expenses$1,226 $1,079 
Payroll653 619 
VAT payable336 268 
Pension and postretirement (Note 16)34 27 
Interest payable135 127 
Lease liability (Note 4)275 260 
Insurance reserves38 38 
Unrealized losses on derivatives (Note 12)70 54 
Noncontrolling interest redemption and dividend (Note 14)231 — 
Synergy cost accruals (Note 3)199 140 
Other1,135 891 
$4,332 $3,503 
Schedule Of Other Long-term Liabilities
December 31,20202019
Other Long-term Liabilities
Pension and postretirement (Note 16)$2,963 $2,548 
Tax liabilities for uncertain tax positions (Note 5)355 342 
Tax Act liabilities for deemed repatriation (Note 5)204 235 
Lease liability (Note 4)794 716 
Interest and penalties for uncertain tax positions (Note 5)99 65 
Insurance reserves33 28 
Asset retirement obligation302 293 
Unrealized losses on derivatives (Note 12)11 45 
Synergy cost accruals (Note 3)170 60 
Other 588 556 
$5,519 $4,888 
Schedule Of Deferred Credits
December 31,20202019
Deferred Credits
Deferred income taxes (Note 5) $6,704 $6,889 
Other532 347 
$7,236 $7,236 
Schedule Of Accumulated Other Comprehensive Income (Loss)
December 31,20202019
Accumulated Other Comprehensive Income (Loss)
Cumulative translation adjustment - net of taxes:
Americas (g)$(3,788)$(3,357)
EMEA (g)1,020 (136)
APAC (g)616 (140)
Engineering354 (29)
Other(1,020)282 
(2,818)(3,380)
Derivatives – net of taxes4 (27)
Pension/OPEB funded status obligation (net of $560 million and $446 million tax benefit in 2020 and 2019) (Note 16)
(1,876)(1,407)
$(4,690)$(4,814)
Americas consists of currency translation adjustments primarily in Canada, Mexico, and Brazil. EMEA relates primarily to Germany, the U.K. and Sweden. APAC relates primarily to China, South Korea, India and Australia.