XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Equity (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Equity [Abstract] |
Summary of Changes in Total Equity | A summary of the changes in total equity for the three months ended March 31, 2024 and 2023 is provided below:
| Quarter Ended March 31,
(Millions of dollars) | 2024 |  | 2023
Activity | Linde plc Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity |  | Linde plc Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity
Balance, beginning of period | $ | 39,720 |  |  | $ | 1,362 |  |  | $ | 41,082 |  |  | $ | 40,028 |  |  | $ | 1,346 |  |  | $ | 41,374 |
Net income (a) | 1,627 |  |  | 38 |  |  | 1,665 |  |  | 1,516 |  |  | 36 |  |  | 1,552 |
Other comprehensive income (loss) | (723) |  |  | (15) |  |  | (738) |  |  | (28) |  |  | (2) |  |  | (30) |
Noncontrolling interests: |  |  |  |  |  |  |  |  |  |  |
Additions (reductions) | — |  |  | 11 |  |  | 11 |  |  | — |  |  | 2 |  |  | 2 |
Dividends and other capital changes | — |  |  | (9) |  |  | (9) |  |  | — |  |  | (29) |  |  | (29) |
Dividends to Linde plc ordinary share holders ($1.39 per share in 2024 and $1.275 per share in 2023) | (669) |  |  | — |  |  | (669) |  |  | (623) |  |  | — |  |  | (623) |
Issuances of ordinary shares: |  |  |  |  |  |  |  |  |  |  |
For employee savings and incentive plans | (126) |  |  | — |  |  | (126) |  |  | (63) |  |  | — |  |  | (63) |
Purchases of ordinary shares | (1,038) |  |  | — |  |  | (1,038) |  |  | (890) |  |  |  |  | (890) |
Share-based compensation | 38 |  |  | — |  |  | 38 |  |  | 30 |  |  | — |  |  | 30 |
Balance, end of period | $ | 38,829 |  |  | $ | 1,387 |  |  | $ | 40,216 |  |  | $ | 39,970 |  |  | $ | 1,353 |  |  | $ | 41,323 |
(a) Net income for noncontrolling interests excludes net income related to redeemable noncontrolling interests which is not significant for the three months ended March 31, 2024 and 2023 and which is not part of total equity.
Summary of Components of Accumulated Other Comprehensive Income (Loss) | The components of Accumulated other comprehensive income (loss) are as follows:
| March 31, |  | December 31,
(Millions of dollars) | 2024 |  | 2023
Cumulative translation adjustment - net of taxes: |  |  |
Americas | $ | (3,714) |  |  | $ | (3,618) |
EMEA | (1,139) |  |  | (737) |
APAC | (1,426) |  |  | (1,037) |
Engineering | (214) |  |  | (93) |
Other | 392 |  |  | 113 |
| (6,101) |  |  | (5,372) |
Derivatives - net of taxes | 8 |  |  | 7 |
Pension / OPEB (net of $72 million and $60 million tax benefit at March 31, 2024 and December 31, 2023, respectively) | (435) |  |  | (440) |
| $ | (6,528) |  |  | $ | (5,805) |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration