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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.

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- 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

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- References

No definition available.

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