XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.24.3

Retirement Programs (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Retirement Benefits [Abstract] |
Schedule of Components of Net Pension and Postretirement Benefits | The components of net pension and postretirement benefits other than pensions (“OPEB”) costs for the quarter and nine months ended September 30, 2024 and 2023 are shown below:
| Quarter Ended September 30, |  | Nine Months Ended September 30,
(Millions of dollars) | 2024 |  | 2023 |  | 2024 |  | 2023
Amount recognized in Operating Profit |  |  |  |  |  |  |
Service cost | $ | 21 |  |  | $ | 21 |  |  | $ | 63 |  |  | $ | 63 |
Amount recognized in Net pension and OPEB cost (benefit), excluding service cost |  |  |  |  |  |  |
Interest cost | 91 |  |  | 94 |  |  | 273 |  |  | 280 |
Expected return on plan assets | (140) |  |  | (132) |  |  | (415) |  |  | (392) |
Net amortization and deferral | (2) |  |  | (9) |  |  | (8) |  |  | (25) |
Settlement charge (a) | 6 |  |  | 12 |  |  | 6 |  |  | 12 |
| (45) |  |  | (35) |  |  | (144) |  |  | (125) |
Net periodic benefit cost (benefit) | $ | (24) |  |  | $ | (14) |  |  | $ | (81) |  |  | $ | (62) |
(a) In the third quarters of 2024 and 2023, Linde recorded pension settlement charges of $6 million and $12 million ($5 million and $10 million, after tax), respectively, related to lump sum benefit payments made from a U.S. non-qualified plan.

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

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (h) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration