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Debt (Tables) | 3 Months Ended
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Mar. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Outstanding Debt | The following is a summary of Linde's outstanding debt at March 31, 2025 and December 31, 2024:
(Millions of dollars) | March 31, 2025 |  | December 31, 2024
SHORT-TERM |  |  |
Commercial paper | $ | 4,177 |  |  | $ | 3,964 |
Other bank borrowings (primarily non U.S.) | 288 |  |  | 259 |
Total short-term debt | 4,465 |  |  | 4,223 |
LONG-TERM (a) |  |  |
(U.S. dollar denominated unless otherwise noted) |  |  |
4.700% Notes due 2025 (d) | — |  |  | 599 |
2.65% Notes due 2025 (d) | — |  |  | 400 |
1.625% Euro denominated notes due 2025 | 540 |  |  | 517 |
3.625% Euro denominated notes due 2025 | 541 |  |  | 517 |
0.00% Euro denominated notes due 2026 | 758 |  |  | 726 |
3.20% Notes due 2026 | 725 |  |  | 725 |
3.434% Notes due 2026 | 199 |  |  | 199 |
1.652% Euro denominated notes due 2027 | 88 |  |  | 84 |
0.25% Euro denominated notes due 2027 | 810 |  |  | 776 |
1.00% Euro denominated notes due 2027 | 543 |  |  | 519 |
1.00% Euro denominated notes due 2028 (b) | 778 |  |  | 742 |
3.00% Euro denominated notes due 2028 | 755 |  |  | 722 |
3.375% Euro denominated notes due 2029 | 808 |  |  | 773 |
2.625% Euro denominated notes due 2029 (c) | 914 |  |  | — |
1.10% Notes due 2030 | 697 |  |  | 697 |
1.90% Euro denominated notes due 2030 | 111 |  |  | 106 |
3.375% Euro denominated notes due 2030 | 807 |  |  | 772 |
1.375% Euro denominated notes due 2031 | 814 |  |  | 779 |
3.20% Euro denominated notes due 2031 | 917 |  |  | 878 |
0.550% Euro denominated notes due 2032 | 807 |  |  | 772 |
0.375% Euro denominated notes due 2033 | 536 |  |  | 512 |
3.00% Euro denominated notes due 2033 (c) | 805 |  |  | — |
3.625% Euro denominated notes due 2034 | 700 |  |  | 670 |
3.50% Euro denominated notes due 2034 | 804 |  |  | 769 |
1.625% Euro denominated notes due 2035 | 859 |  |  | 822 |
3.40% Euro denominated notes due 2036 | 750 |  |  | 718 |
3.250% Euro denominated notes due 2037 (c) | 695 |  |  | — |
3.55% Notes due 2042 | 666 |  |  | 666 |
3.75% Euro denominated notes due 2044 | 745 |  |  | 712 |
2.00% Notes due 2050 | 297 |  |  | 297 |
1.00% Euro denominated notes due 2051 | 740 |  |  | 707 |
Non U.S. borrowings | 213 |  |  | 214 |
Other | 10 |  |  | 10 |
| 19,432 |  |  | 17,400 |
Less: current portion of long-term debt | (1,824) |  |  | (2,057) |
Total long-term debt | 17,608 |  |  | 15,343 |
Total debt | $ | 23,897 |  |  | $ | 21,623 |
(a)Amounts are net of unamortized discounts, premiums and/or debt issuance costs as applicable. (b)March 31, 2025 and December 31, 2024 included a cumulative $31 million and $32 million adjustment to carrying value, respectively, related to hedge accounting of interest rate swaps. Refer to Note 4. (c)In February 2025, Linde issued €850 million of 2.625% notes due in 2029, €750 million of 3.00% notes due in 2033, €650 million of 3.250% notes due in 2037. (d)In February 2025, Linde redeemed $600 million of 4.700% notes that were due in 2025 and repaid $400 million of 2.65% notes that became due.

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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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