XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.24.3

Segments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The table below presents sales and operating profit information about reportable segments and Other for the quarter and nine months ended September 30, 2024 and 2023.
| Quarter Ended September 30, |  | Nine Months Ended September 30,
(Millions of dollars) | 2024 |  | 2023 |  | 2024 |  | 2023
SALES(a) |  |  |  |  |  |  |
Americas | $ | 3,618 |  |  | $ | 3,629 |  |  | $ | 10,833 |  |  | $ | 10,721 |
EMEA | 2,111 |  |  | 2,105 |  |  | 6,293 |  |  | 6,442 |
APAC | 1,716 |  |  | 1,639 |  |  | 4,964 |  |  | 4,920 |
Engineering | 611 |  |  | 467 |  |  | 1,694 |  |  | 1,502 |
Other | 300 |  |  | 315 |  |  | 939 |  |  | 967 |
Total sales | $ | 8,356 |  |  | $ | 8,155 |  |  | $ | 24,723 |  |  | $ | 24,552 |
| Quarter Ended September 30, |  | Nine Months Ended September 30,
(Millions of dollars) | 2024 |  | 2023 |  | 2024 |  | 2023
SEGMENT OPERATING PROFIT |  |  |  |  |  |  |
Americas | $ | 1,153 |  |  | $ | 1,074 |  |  | $ | 3,400 |  |  | $ | 3,169 |
EMEA | 703 |  |  | 634 |  |  | 2,094 |  |  | 1,871 |
APAC | 497 |  |  | 459 |  |  | 1,418 |  |  | 1,354 |
Engineering | 108 |  |  | 116 |  |  | 304 |  |  | 372 |
Other | 16 |  |  | 23 |  |  | 24 |  |  | 32 |
Segment operating profit | 2,477 |  |  | 2,306 |  |  | 7,240 |  |  | 6,798 |
Cost reduction program and other charges | (145) |  |  | (2) |  |  | (145) |  |  | (42) |
Purchase accounting impacts - Linde AG (b) | (246) |  |  | (252) |  |  | (730) |  |  | (760) |
Total operating profit | $ | 2,086 |  |  | $ | 2,052 |  |  | $ | 6,365 |  |  | $ | 5,996 |
(a)Sales reflect external sales only. Intersegment sales, primarily from Engineering to the industrial gases segments, were $504 million and $1,380 million for the quarter and nine months ended September 30, 2024, respectively, and $417 million and $1,046 million for the respective 2023 periods. (b)Represents purchase accounting impacts related to the 2018 merger.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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