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Debt (Tables) | 9 Months Ended
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Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Outstanding Debt | The following is a summary of Linde's outstanding debt at September 30, 2024 and December 31, 2023:
(Millions of dollars) | September 30, 2024 |  | December 31, 2023
SHORT-TERM |  |  |
Commercial paper | $ | 3,278 |  |  | $ | 4,483 |
Other bank borrowings (primarily non U.S.) | 231 |  |  | 230 |
Total short-term debt | 3,509 |  |  | 4,713 |
LONG-TERM (a) |  |  |
(U.S. dollar denominated unless otherwise noted) |  |  |
1.20% Euro denominated notes due 2024 (c) | — |  |  | 607 |
1.875% Euro denominated notes due 2024 (b,e) | — |  |  | 332 |
4.800% Notes due 2024 | 300 |  |  | 300 |
4.700% Notes due 2025 | 599 |  |  | 599 |
2.65% Notes due 2025 | 400 |  |  | 399 |
1.625% Euro denominated notes due 2025 | 556 |  |  | 550 |
3.625% Euro denominated notes due 2025 | 556 |  |  | 551 |
0.00% Euro denominated notes due 2026 | 781 |  |  | 774 |
3.20% Notes due 2026 | 725 |  |  | 724 |
3.434% Notes due 2026 | 199 |  |  | 198 |
1.652% Euro denominated notes due 2027 | 90 |  |  | 90 |
0.25% Euro denominated notes due 2027 | 834 |  |  | 827 |
1.00% Euro denominated notes due 2027 | 558 |  |  | 553 |
1.00% Euro denominated notes due 2028 (b) | 796 |  |  | 780 |
3.00% Euro denominated notes due 2028 (d) | 776 |  |  | — |
3.375% Euro denominated notes due 2029 | 832 |  |  | 824 |
1.10% Notes due 2030 | 697 |  |  | 697 |
1.90% Euro denominated notes due 2030 | 115 |  |  | 114 |
3.375% Euro denominated notes due 2030 (f) | 830 |  |  | — |
1.375% Euro denominated notes due 2031 | 837 |  |  | 829 |
3.20% Euro denominated notes due 2031 (d) | 944 |  |  | — |
0.55% Euro denominated notes due 2032 | 831 |  |  | 823 |
0.375% Euro denominated notes due 2033 | 551 |  |  | 546 |
3.625% Euro denominated notes due 2034 | 720 |  |  | 714 |
3.500% Euro denominated notes due 2034 (f) | 827 |  |  | — |
1.625% Euro denominated notes due 2035 | 885 |  |  | 876 |
3.40% Euro denominated notes due 2036 (d) | 773 |  |  | — |
3.55% Notes due 2042 | 666 |  |  | 666 |
3.75% Euro denominated notes due 2044 (f) | 764 |  |  | — |
2.00% Notes due 2050 | 297 |  |  | 296 |
1.00% Euro denominated notes due 2051 | 762 |  |  | 755 |
Non U.S. borrowings | 242 |  |  | 226 |
Other | 10 |  |  | 10 |
| 18,753 |  |  | 14,660 |
Less: current portion of long-term debt | (1,278) |  |  | (1,263) |
Total long-term debt | 17,475 |  |  | 13,397 |
Total debt | $ | 22,262 |  |  | $ | 19,373 |
(a)Amounts are net of unamortized discounts, premiums and/or debt issuance costs as applicable. (b)September 30, 2024 and December 31, 2023 included a cumulative $36 million and $46 million adjustment to carrying value, respectively, related to hedge accounting of interest rate swaps. Refer to Note 4. (c)In February 2024, Linde repaid €550 million of 1.20% notes that became due. (d)In February 2024, Linde issued €700 million of 3.00% notes due in 2028, €850 million of 3.20% notes due in 2031 and €700 million of 3.40% notes due in 2036. (e)In May 2024, Linde repaid €300 million of 1.875% notes that became due. (f)In June 2024, Linde issued €750 million of 3.375% notes due in 2030, €750 million of 3.500% notes due in 2034 and €700 million of 3.750% notes due in 2044.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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