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Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Other Intangible Assets | The following is a summary of Linde’s other intangible assets at December 31, 2023 and 2022:
(Millions of dollars) For the year ended December 31, 2023 | Customer Relationships |  | Brands/Tradenames |  | Other Intangible Assets |  | Total
Cost: |  |  |  |  |  |  |
Balance, December 31, 2022 | $ | 11,062 |  |  | $ | 2,565 |  |  | $ | 1,697 |  |  | $ | 15,324 |
Additions | 258 |  |  | 6 |  |  | 50 |  |  | 314 |
Foreign currency translation | 185 |  |  | 38 |  |  | 41 |  |  | 264 |
Disposals | (3) |  |  | — |  |  | (20) |  |  | (23) |
Other * | (23) |  |  | — |  |  | 145 |  |  | 122 |
Balance, December 31, 2023 | 11,479 |  |  | 2,609 |  |  | 1,913 |  |  | 16,001 |
Less: accumulated amortization: |  |  |  |  |  |  |
Balance, December 31, 2022 | (1,841) |  |  | (196) |  |  | (867) |  |  | (2,904) |
Amortization expense (Note 7) | (423) |  |  | (36) |  |  | (91) |  |  | (550) |
Foreign currency translation | (36) |  |  | (1) |  |  | (24) |  |  | (61) |
Disposals | — |  |  | — |  |  | 21 |  |  | 21 |
Other * | 30 |  |  | — |  |  | (138) |  |  | (108) |
Balance, December 31, 2023 | (2,270) |  |  | (233) |  |  | (1,099) |  |  | (3,602) |
Net balance at December 31, 2023 | $ | 9,209 |  |  | $ | 2,376 |  |  | $ | 814 |  |  | $ | 12,399 |
(Millions of dollars) For the year ended December 31, 2022 | Customer Relationships |  | Brands/Tradenames |  | Other Intangible Assets |  | Total
Cost: |  |  |  |  |  |  |
Balance, December 31, 2021 | $ | 11,859 |  |  | $ | 2,685 |  |  | $ | 1,629 |  |  | $ | 16,173 |
Additions | 19 |  |  | — |  |  | 53 |  |  | 72 |
Foreign currency translation | (660) |  |  | (120) |  |  | (56) |  |  | (836) |
Disposals (Note 2) | (140) |  |  | — |  |  | (45) |  |  | (185) |
Other * | (16) |  |  | — |  |  | 116 |  |  | 100 |
Balance, December 31, 2022 | 11,062 |  |  | 2,565 |  |  | 1,697 |  |  | 15,324 |
Less: accumulated amortization: |  |  |  |  |  |  |
Balance, December 31, 2021 | (1,541) |  |  | (159) |  |  | (671) |  |  | (2,371) |
Amortization expense (Note 7) | (419) |  |  | (42) |  |  | (110) |  |  | (571) |
Foreign currency translation | 80 |  |  | 5 |  |  | 13 |  |  | 98 |
Disposals (Note 2) | 34 |  |  | — |  |  | 16 |  |  | 50 |
Other * | 5 |  |  | — |  |  | (115) |  |  | (110) |
Balance, December 31, 2022 | (1,841) |  |  | (196) |  |  | (867) |  |  | (2,904) |
Net balance at December 31, 2022 | $ | 9,221 |  |  | $ | 2,369 |  |  | $ | 830 |  |  | $ | 12,420 |
*Other primarily relates to the write-off of fully amortized assets and reclassifications.
Schedule of Estimated Future Amortization Expense | Total estimated annual amortization expense related to finite-lived intangibles is as follows:
(Millions of dollars) |
2024 | $ | 578 |
2025 | 528 |
2026 | 516 |
2027 | 505 |
2028 | 492 |
Thereafter | 8,035 |
Total amortization related to finite-lived intangible assets | 10,654 |
Indefinite-lived intangible assets at December 31, 2023 | 1,745 |
Net intangible assets at December 31, 2023 | $ | 12,399 |

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