← Filings of LIN
Tables in the 10-Q of LINDE PLC
48 tables with numbers, filed Jul 27, 2023. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
Table 1 after “(Exact name of registrant as specified in its charter)”
Download CSV
| Ireland | 98-1448883 |
| (State or other jurisdiction of incorporation) | (I.R.S. Employer Identification No.) |
| 10 Riverview Drive, | Forge |
| Danbury, Connecticut | 43 Church Street West |
| United States 06810 | Woking, Surrey GU21 6HT |
| United Kingdom |
| (Address of principal executive offices) (Zip Code) | |
| (203) 837 - 2000 | +44 14 83 242200 |
First 8 of 9 rows. The CSV has all of them.
| INDEX | | |
| PART I - FINANCIAL INFORMATION | | |
| Item 1. | Financial Statements (unaudited) | |
| Consolidated Statements of Income - Quarters Ended June 30, 2023 and 2022 | 4 |
| Consolidated Statements of Income - Six Months Ended June 30, 2023 and 2022 | 5 |
| Consolidated Statements of Comprehensive Income - Quarters Ended June 30, 2023 and 2022 | 6 |
| Consolidated Statements of Comprehensive Income - Six Months Ended June 30, 2023 and 2022 | 7 |
| Condensed Consolidated Balance Sheets - June 30, 2023 and December 31, 2022 | 8 |
First 8 of 22 rows. The CSV has all of them.
| Quarter Ended June 30, | | |
| 2023 | 2022 | |
| Sales | $8,204 | | $8,457 |
| Cost of sales, exclusive of depreciation and amortization | 4,316 | | 4,940 |
| Selling, general and administrative | 833 | | 771 |
| Depreciation and amortization | 960 | | 1,091 |
| Research and development | 35 | | 37 |
| Other charges | 22 | | 993 |
First 8 of 25 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| 2023 | 2022 | |
| Sales | $16,397 | | $16,668 |
| Cost of sales, exclusive of depreciation and amortization | 8,747 | | 9,738 |
| Selling, general and administrative | 1,655 | | 1,573 |
| Depreciation and amortization | 1,908 | | 2,203 |
| Research and development | 71 | | 72 |
| Other charges | 40 | | 989 |
First 8 of 25 rows. The CSV has all of them.
| Quarter Ended June 30, | | |
| 2023 | 2022 | |
| NET INCOME (INCLUDING NONCONTROLLING INTERESTS) | $1,612 | | $410 |
| OTHER COMPREHENSIVE INCOME (LOSS) | | | |
| Translation adjustments: | | | |
| Foreign currency translation adjustments | (96) | | (1,570) |
| Reclassification to net income | — | | (134) |
| Income taxes | 1 | | 5 |
First 8 of 23 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| 2023 | 2022 | |
| NET INCOME (INCLUDING NONCONTROLLING INTERESTS) | $3,164 | | $1,620 |
| OTHER COMPREHENSIVE INCOME (LOSS) | | | |
| Translation adjustments: | | | |
| Foreign currency translation adjustments | 133 | | (1,510) |
| Reclassification to net income | — | | (134) |
| Income taxes | 1 | | (7) |
First 8 of 23 rows. The CSV has all of them.
| June 30, 2023 | December 31, 2022 | |
| Assets | | | |
| Cash and cash equivalents | $3,357 | | $5,436 |
| Accounts receivable - net | 4,799 | | 4,559 |
| Contract assets | 156 | | 124 |
| Inventories | 2,079 | | 1,978 |
| Prepaid and other current assets | 1,020 | | 950 |
| Total Current Assets | 11,411 | | 13,047 |
First 8 of 34 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| 2023 | 2022 | |
| Increase (Decrease) in Cash and Cash Equivalents | | | |
| Operations | | | |
| Net income - Linde plc | $3,091 | | $1,546 |
| Add: Noncontrolling interests | 73 | | 74 |
| Net Income (including noncontrolling interests) | 3,164 | | 1,620 |
| Adjustments to reconcile net income to net cash provided by operating activities: | | | |
First 8 of 39 rows. The CSV has all of them.
Table 9 after “Notes to Condensed Consolidated Financial Statements - Linde plc and Subsidiaries (Unaudited)”
Download CSV
| Note 1. Summary of Significant Accounting Policies | 11 |
| Note 2. Other Charges | 11 |
| Note 3. Supplemental Information | 13 |
| Note 4. Debt | 14 |
| Note 5. Financial Instruments | 14 |
| Note 6. Fair Value Disclosures | 16 |
| Note 7. Earnings Per Share – Linde plc Shareholders | 17 |
| Note 8. Retirement Programs | 18 |
First 8 of 13 rows. The CSV has all of them.
Table 10 after “The following table summarizes the activities related to the company's pre-tax Other charges for the six months ended June 30, 2023:”
Download CSV
| Six Months Ended June 30, 2023 | | | | | | | |
| (millions of dollars) | Severance costs | Other cost reduction charges | | Total cost reduction program related charges | Other charges | Total other charges | | |
| Balance, December 31, 2022 | $281 | | $27 | | $308 | | $12 | $320 |
| 2023 Other charges | 24 | | — | | 24 | | 16 | 40 |
| Less: Cash payments / receipts | (100) | | (1) | | (101) | | — | (101) |
| Less: Non-cash charges | — | | — | | — | | 7 | 7 |
| Foreign currency translation and other | (3) | | — | | (3) | | — | (3) |
| Balance, June 30, 2023 | $202 | | $26 | | $228 | | $35 | $263 |
Table 11 after “The following is a summary of Linde's consolidated inventories:”
Download CSV
| (Millions of dollars) | June 30, 2023 | December 31, 2022 | |
| Inventories | | | |
| Raw materials and supplies | $600 | | $567 |
| Work in process | 401 | | 368 |
| Finished goods | 1,078 | | 1,043 |
| Total inventories | $2,079 | | $1,978 |
Table 12 after “The following is a summary of Linde's outstanding debt at June 30, 2023 and December 31, 2022:”
Download CSV
| (Millions of dollars) | June 30, 2023 | December 31, 2022 | |
| SHORT-TERM | | | |
| Commercial paper | $2,765 | | $3,926 |
| Other bank borrowings (primarily non U.S.) | 253 | | 191 |
| Total short-term debt | 3,018 | | 4,117 |
| LONG-TERM (a) | | | |
| (U.S. dollar denominated unless otherwise noted) | | | |
| 2.70% Notes due 2023 (c) | — | | 501 |
First 8 of 41 rows. The CSV has all of them.
| | | | Fair Value | | | | | | | | |
| Notional Amounts | Assets (a) | | Liabilities (a) | | | | | | | | |
| (Millions of dollars) | June 30, 2023 | December 31, 2022 | | June 30, 2023 | December 31, 2022 | | June 30, 2023 | | December 31, 2022 | | | |
| Derivatives Not Designated as Hedging Instruments: | | | | | | | | | | | | |
| Currency contracts: | | | | | | | | | | | | |
| Balance sheet items | $3,477 | | $3,056 | | $26 | | | $13 | | $8 | | $7 |
| Forecasted transactions | 395 | | 449 | | 13 | | | 9 | | 11 | | 9 |
| Cross-currency swaps | 4 | | 42 | | — | | | — | | — | | 1 |
First 8 of 16 rows. The CSV has all of them.
Table 14 after “The following table summarizes the impact of the company’s derivatives on the consolidated statements of income:”
Download CSV
| Amount of Pre-Tax Gain (Loss) Recognized in Earnings * | | | | | |
| Quarter Ended June 30, | Six Months Ended June 30, | | | | |
| (Millions of dollars) | 2023 | 2022 | | 2023 | 2022 | |
| Derivatives Not Designated as Hedging Instruments | | | | | | |
| Currency contracts: | | | | | | |
| Balance sheet items | | | | | | |
| Debt-related | $(44) | | $(41) | | $(83) | $10 |
| Other balance sheet items | (1) | | 4 | | (2) | (8) |
First 8 of 9 rows. The CSV has all of them.
| Fair Value Measurements Using | | | | | | | | | |
| Level 1 | Level 2 | | Level 3 | | | | | | |
| (Millions of dollars) | June 30, 2023 | December 31, 2022 | | June 30, 2023 | December 31, 2022 | June 30, 2023 | | December 31, 2022 | | |
| Assets | | | | | | | | | | |
| Derivative assets | $— | | $— | | $55 | | $28 | | $— | $— |
| Investments and securities* | 21 | | 20 | | — | | — | | 13 | 13 |
| Total | $21 | | $20 | | $55 | | $28 | | 13 | $13 |
| Liabilities | | | | | | | | | | |
First 8 of 9 rows. The CSV has all of them.
Table 16 after “Basic and diluted earnings per share is computed by dividing Net income – Linde plc for the period by the weighted average number of either ”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | |
| 2023 | 2022 | | 2023 | 2022 | |
| Numerator (Millions of dollars) | | | | | | |
| Net Income – Linde plc | $1,575 | | $372 | | $3,091 | $1,546 |
| Denominator (Thousands of shares) | | | | | | |
| Weighted average shares outstanding | 489,061 | | 500,535 | | 490,201 | 503,626 |
| Shares earned and issuable under compensation plans | 557 | | 499 | | 526 | 467 |
| Weighted average shares used in basic earnings per share | 489,618 | | 501,034 | | 490,727 | 504,093 |
First 8 of 13 rows. The CSV has all of them.
| Quarter Ended June 30, | Six Months Ended June 30, | | | | |
| (Millions of dollars) | 2023 | 2022 | | 2023 | 2022 | |
| Amount recognized in Operating Profit | | | | | | |
| Service cost | $21 | | $32 | | $42 | $65 |
| Amount recognized in Net pension and OPEB cost (benefit), excluding service cost | | | | | | |
| Interest cost | 94 | | 51 | | 186 | 104 |
| Expected return on plan assets | (131) | | (132) | | (260) | (268) |
| Net amortization and deferral | (8) | | 19 | | (16) | 38 |
First 8 of 10 rows. The CSV has all of them.
Table 18 after “The table below presents sales and operating profit information about reportable segments and Other for the quarter and six months ended Jun”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | |
| (Millions of dollars) | 2023 | 2022 | | 2023 | 2022 | |
| SALES(a) | | | | | | |
| Americas | $3,541 | | $3,518 | | $7,092 | $6,759 |
| EMEA | 2,160 | | 2,144 | | 4,337 | 4,292 |
| APAC | 1,683 | | 1,651 | | 3,281 | 3,253 |
| Engineering | 495 | | 644 | | 1,035 | 1,372 |
| Other | 325 | | 500 | | 652 | 992 |
First 8 of 9 rows. The CSV has all of them.
Table 19 after “The table below presents sales and operating profit information about reportable segments and Other for the quarter and six months ended Jun”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | |
| (Millions of dollars) | 2023 | 2022 | | 2023 | 2022 | |
| SEGMENT OPERATING PROFIT | | | | | | |
| Americas | $1,070 | | $910 | | $2,095 | $1,814 |
| EMEA | 630 | | 536 | | 1,237 | 1,039 |
| APAC | 472 | | 426 | | 895 | 825 |
| Engineering | 107 | | 105 | | 256 | 248 |
| Other | 7 | | 11 | | 9 | (33) |
First 8 of 12 rows. The CSV has all of them.
| Quarter Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | | | | | | | |
| Activity | Linde plc Shareholders’ Equity | Noncontrolling Interests | | Total Equity | Linde plc Shareholders’ Equity | Noncontrolling Interests | | Total Equity | | |
| Balance, beginning of period | $39,970 | | $1,353 | | $41,323 | | $42,963 | | $1,414 | $44,377 |
| Net income (a) | 1,575 | | 37 | | 1,612 | | 372 | | 38 | 410 |
| Other comprehensive income (loss) | (89) | | (23) | | (112) | | (1,528) | | (17) | (1,545) |
| Noncontrolling interests: | | | | | | | | | | |
| Additions (reductions) | (11) | | (7) | | (18) | | — | | (53) | (53) |
First 8 of 15 rows. The CSV has all of them.
| Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | | | | | | | |
| Activity | Linde plc Shareholders’ Equity | Noncontrolling Interests | | Total Equity | Linde plc Shareholders’ Equity | Noncontrolling Interests | | Total Equity | | |
| Balance, beginning of period | $40,028 | | $1,346 | | $41,374 | | $44,035 | | $1,393 | $45,428 |
| Net income (a) | 3,091 | | 73 | | 3,164 | | 1,546 | | 74 | 1,620 |
| Other comprehensive income (loss) | (117) | | (25) | | (142) | | (1,418) | | (29) | (1,447) |
| Noncontrolling interests: | | | | | | | | | | |
| Additions (reductions) | (11) | | (5) | | (16) | | — | | (49) | (49) |
First 8 of 15 rows. The CSV has all of them.
Table 22 after “The components of Accumulated other comprehensive income (loss) are as follows:”
Download CSV
| June 30, | December 31, | |
| (Millions of dollars) | 2023 | 2022 | |
| Cumulative translation adjustment - net of taxes: | | | |
| Americas | $(3,572) | | $(3,942) |
| EMEA | (881) | | (1,249) |
| APAC | (1,238) | | (835) |
| Engineering | (165) | | (241) |
| Other | 231 | | 483 |
First 8 of 12 rows. The CSV has all of them.
Table 23 after “The following tables show sales by distribution method at the consolidated level and for each reportable segment and Other for the quarter a”
Download CSV
| (Millions of dollars) | Quarter Ended June 30, 2023 | | | | | | | | | |
| Sales | Americas | EMEA | APAC | Engineering | Other | Total% | | | | |
| Merchant | $1,094 | | $704 | | $570 | | $— | $53 | $2,421 | 30% |
| On-Site | 756 | | 493 | | 677 | | — | — | 1,926 | 23% |
| Packaged Gas | 1,638 | | 946 | | 366 | | — | 12 | 2,962 | 36% |
| Other | 53 | | 17 | | 70 | | 495 | 260 | 895 | 11% |
| Total | $3,541 | | $2,160 | | $1,683 | | $495 | $325 | $8,204 | 100% |
| (Millions of dollars) | Quarter Ended June 30, 2022 | | | | | | | | | |
| Sales | Americas | EMEA | APAC | Engineering | Other | Total% | | | | |
| Merchant | $941 | | $634 | | $562 | | $— | $40 | $2,177 | 26% |
| On-Site | 1,049 | | 610 | | 631 | | — | — | 2,290 | 27% |
| Packaged Gas | 1,473 | | 884 | | 389 | | — | 9 | 2,755 | 33% |
| Other | 55 | | 16 | | 69 | | 644 | 451 | 1,235 | 15% |
| Total | $3,518 | | $2,144 | | $1,651 | | $644 | $500 | $8,457 | 100% |
| (Millions of dollars) | Six Months Ended June 30, 2023 | | | | | | | | | |
| Sales | Americas | EMEA | APAC | Engineering | Other | Total% | | | | |
| Merchant | $2,137 | | $1,404 | | $1,122 | | $— | $108 | $4,771 | 29% |
| On-Site | 1,560 | | 1,031 | | 1,321 | | — | — | 3,912 | 24% |
| Packaged Gas | 3,276 | | 1,874 | | 721 | | — | 32 | 5,903 | 36% |
| Other | 119 | | 28 | | 117 | | 1,035 | 512 | 1,811 | 11% |
| Total | $7,092 | | $4,337 | | $3,281 | | $1,035 | $652 | $16,397 | 100% |
| (Millions of dollars) | Six Months Ended June 30, 2022 | | | | | | | | | |
First 8 of 14 rows. The CSV has all of them.
Table 26 after “The following table summarizes the fair value of identifiable assets acquired and liabilities assumed in the acquisition of nexAir, LLC as o”
Download CSV
| (Millions of dollars) | January 5, 2023 |
| Assets: | |
| Cash and cash equivalents | $55 |
| Other current assets - net | 48 |
| Property, plant and equipment, net | 241 |
| Other intangible assets - net | 245 |
| Other long-term liabilities - net | (5) |
| Total identifiable net assets | $584 |
First 8 of 11 rows. The CSV has all of them.
Table 27 after “The following table provides summary information for the quarters and six months ended June 30, 2023 and 2022. The reported amounts are GAAP”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars, except per share data) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $8,204 | | $8,457 | | (3)% | | $16,397 | | | $16,668 | (2)% |
| Cost of sales, exclusive of depreciation and amortization | $4,316 | | $4,940 | | (13)% | | $8,747 | | | $9,738 | (10)% |
| As a percent of sales | 52.6% | | 58.4% | | | 53.3% | | | 58.4% | | |
| Selling, general and administrative | $833 | | $771 | | 8% | | $1,655 | | | $1,573 | 5% |
| As a percent of sales | 10.2% | | 9.1% | | | 10.1% | | | 9.4% | | |
| Depreciation and amortization | $960 | | $1,091 | | (12)% | | $1,908 | | | $2,203 | (13)% |
First 8 of 32 rows. The CSV has all of them.
Table 28 after “The changes in consolidated sales compared to the prior year are attributable to the following:”
Download CSV
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Volume | (1)% | | (1)% |
| Price/Mix | 7% | | 7% |
| Cost pass-through | (4)% | | (2)% |
| Currency | (1)% | | (2)% |
| Acquisitions/divestitures | (2)% | | (2)% |
First 8 of 10 rows. The CSV has all of them.
Table 29 after “The reported amounts are GAAP amounts from the Consolidated Statements of Income.”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | Variance | 2023 | 2022 | Variance | | | | |
| SALES | | | | | | | | | | |
| Americas | $3,541 | | $3,518 | | 1% | | $7,092 | | $6,759 | 5% |
| EMEA | 2,160 | | 2,144 | | 1% | | 4,337 | | 4,292 | 1% |
| APAC | 1,683 | | 1,651 | | 2% | | 3,281 | | 3,253 | 1% |
| Engineering | 495 | | 644 | | (23)% | | 1,035 | | 1,372 | (25)% |
| Other | 325 | | 500 | | (35)% | | 652 | | 992 | (34)% |
First 8 of 20 rows. The CSV has all of them.
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $3,541 | | $3,518 | | 1% | | $7,092 | | | $6,759 | 5% |
| Operating profit | $1,070 | | $910 | | 18% | | $2,095 | | | $1,814 | 15% |
| As a percent of sales | 30.2% | | 25.9% | | | 29.5% | | | 26.8% | | |
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Volume | (1)% | | —% |
| Price/Mix | 6% | | 7% |
| Cost pass-through | (7)% | | (5)% |
| Currency | —% | | —% |
| Acquisitions/divestitures | 3% | | 3% |
First 8 of 9 rows. The CSV has all of them.
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $2,160 | | $2,144 | | 1% | | $4,337 | | | $4,292 | 1% |
| Operating profit | $630 | | $536 | | 18% | | $1,237 | | | $1,039 | 19% |
| As a percent of sales | 29.2% | | 25.0% | | | 28.5% | | | 24.2% | | |
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Volume | (4)% | | (4)% |
| Price/Mix | 11% | | 12% |
| Cost pass-through | (3)% | | (1)% |
| Currency | —% | | (3)% |
| Acquisitions/divestitures | (3)% | | (3)% |
First 8 of 9 rows. The CSV has all of them.
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $1,683 | | $1,651 | | 2% | | $3,281 | | | $3,253 | 1% |
| Operating profit | $472 | | $426 | | 11% | | $895 | | | $825 | 8% |
| As a percent of sales | 28.0% | | 25.8% | | | 27.3% | | | 25.4% | | |
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Volume/Equipment | 3% | | 2% |
| Price/Mix | 5% | | 5% |
| Cost pass-through | (1)% | | (1)% |
| Currency | (5)% | | (5)% |
| Acquisitions/divestitures | —% | | —% |
First 8 of 9 rows. The CSV has all of them.
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $495 | | $644 | | (23)% | | $1,035 | | | $1,372 | (25)% |
| Operating profit | $107 | | $105 | | 2% | | $256 | | | $248 | 3% |
| As a percent of sales | 21.6% | | 16.3% | | | 24.7% | | | 18.1% | | |
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Currency | 2% | | (2)% |
| Other | (25)% | | (23)% |
| (23)% | | (25)% |
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| (Millions of dollars) | 2023 | 2022 | | Variance | 2023 | 2022 | | Variance | | | |
| Sales | $325 | | $500 | | (35)% | | $652 | | | $992 | (34)% |
| Operating profit (loss) | $7 | | $11 | | (36)% | | $9 | | | $(33) | 127% |
| As a percent of sales | 2.2% | | 2.2% | | | 1.4% | | | (3.3)% | | |
| Quarter Ended June 30, 2023 vs. 2022 | Six Months Ended June 30, 2023 vs. 2022 | |
| % Change | % Change | |
| Factors Contributing to Changes - Sales | | | |
| Volume/price | 4% | | 5% |
| Currency | —% | | —% |
| Acquisitions/divestitures | (39)% | | (39)% |
| (35)% | | (34)% |
Table 40 after “To help understand the reported results, the following is a summary of the significant currencies underlying Linde's consolidated results an”
Download CSV
| Percentage of YTD 2023 Consolidated Sales | Exchange Rate for Income Statement | | Exchange Rate for Balance Sheet | | | |
| Year-To-Date Average | June 30, | | December 31, | | | |
| Currency | 2023 | 2022 | | 2023 | 2022 | | |
| Euro | 19% | | 0.93 | | 0.91 | 0.92 | 0.93 |
| Chinese yuan | 8% | | 6.93 | | 6.47 | 7.25 | 6.90 |
| British pound | 5% | | 0.81 | | 0.77 | 0.79 | 0.83 |
| Australian dollar | 4% | | 1.48 | | 1.39 | 1.50 | 1.47 |
| Brazilian real | 4% | | 5.07 | | 5.06 | 4.79 | 5.28 |
First 8 of 15 rows. The CSV has all of them.
Table 41 after “The following selected cash flow information provides a basis for the discussion that follows:”
Download CSV
| (Millions of dollars) | Six months ended June 30, | | |
| 2023 | 2022 | |
| NET CASH PROVIDED BY (USED FOR): | | | |
| OPERATING ACTIVITIES | | | |
| Net income (including noncontrolling interests) | $3,164 | | $1,620 |
| Non-cash charges (credits): | | | |
| Add: Depreciation and amortization | 1,908 | | 2,203 |
| Add: Deferred income taxes | (61) | | (221) |
First 8 of 28 rows. The CSV has all of them.
Table 42 after “The following non-GAAP measures are intended to supplement investors’ understanding of the company’s financial information by providing meas”
Download CSV
| Quarter Ended June 30, | Six Months Ended June 30, | | | | | |
| 2023 | | 2022 | 2023 | 2022 | | |
| Adjusted Operating Profit and Operating Margin | | | | | | | |
| Reported operating profit | $2,011 | | | $589 | | $3,944 | $2,069 |
| Add: Other charges | 22 | | | 993 | | 40 | 989 |
| Add: Purchase accounting impacts - Linde AG (c) | 253 | | | 406 | | 508 | 835 |
| Total adjustments | 275 | | | 1,399 | | 548 | 1,824 |
| Adjusted operating profit | $2,286 | | | $1,988 | | $4,492 | $3,893 |
First 8 of 25 rows. The CSV has all of them.
| Adjusted Income Taxes (a) | | | | |
| Reported income taxes | $438 | $286 | $868 | $655 |
| Add: Purchase accounting impacts - Linde AG (c) | 67 | 108 | 124 | 216 |
| Add: Other charges | 34 | 104 | 79 | 101 |
| Total adjustments | 101 | 212 | 203 | 317 |
| Adjusted income taxes | $539 | $498 | $1,071 | $972 |
| Adjusted Effective Tax Rate (a) | | | | |
| Reported income before income taxes and equity investments | $2,004 | $646 | $3,945 | $2,181 |
First 8 of 30 rows. The CSV has all of them.
| Adjusted Diluted EPS (b) | | | | |
| Reported diluted EPS | $3.19 | $0.74 | $6.25 | $3.04 |
| Add: Other charges | (0.02) | 1.76 | (0.08) | 1.75 |
| Add: Purchase accounting impacts - Linde AG (c) | 0.40 | 0.60 | 0.81 | 1.24 |
| Total adjustments | 0.38 | 2.36 | 0.73 | 2.99 |
| Adjusted diluted EPS | $3.57 | $3.10 | $6.98 | $6.03 |
| Reported percentage change | 331% | (54)% | 106% | (12)% |
| Adjusted percentage change | 15% | 15% | 16% | 16% |
First 8 of 24 rows. The CSV has all of them.
Table 45 after “Net debt is a financial liquidity measure used by investors, financial analysts and management to evaluate the ability of a company to repay”
Download CSV
| June 30, 2023 | December 31, 2022 | |
| (Millions of dollars) | | | |
| Debt | $17,490 | | $17,914 |
| Less: cash and cash equivalents | (3,357) | | (5,436) |
| Net debt | 14,133 | | 12,478 |
| Less: purchase accounting impacts - Linde AG | (10) | | (22) |
| Adjusted net debt | $14,123 | | $12,456 |
| (Millions of dollars) | | | |
| Statement of Income Data | Six Months Ended June 30, 2023 | Twelve Months Ended December 31, 2022 | |
| Sales | $4,026 | | $8,850 |
| Operating profit | 775 | | 1,337 |
| Net income | 300 | | 675 |
| Transactions with non-guarantor subsidiaries | 1,208 | | 2,241 |
| Balance Sheet Data (at period end) | | | |
| Current assets (a) | $4,896 | | $11,478 |
First 8 of 15 rows. The CSV has all of them.
Table 47 after “Purchases of Equity Securities- Certain information regarding purchases made by or on behalf of the company or any affiliated purchaser (as ”
Download CSV
| Period | Total Numberof SharesPurchased(Thousands) | Average Price Paid Per Share | | Total Numbers of SharesPurchased as Part ofPublicly AnnouncedProgram (1,2) (Thousands) | Approximate DollarValue of Shares thatMay Yet be PurchasedUnder the Program (1)(Millions) | |
| April 2023 | 830 | | $361.66 | | 830 | $4,179 |
| May 2023 | 997 | | $361.52 | | 997 | $3,818 |
| June 2023 | 682 | | $368.70 | | 682 | $3,567 |
| Second Quarter 2023 | 2,509 | | $363.52 | | 2,509 | $3,567 |
| (a) | Exhibits | |
| 4.1 | Amended and Restated Fiscal Agency Agreement, dated May 4, 2023, among Linde plc, as Issuer, and Deutsche Bank Aktiengesellschaft, as Fiscal Agent and Paying Agent (filed as Exhibit 4.6 to Linde plc’s Current Report on Form 8-K dated June 12, 2033, File No. 001-38730, and is incorporated by reference) |
| 4.2 | Form of Indenture for Debt Securities between Linde plc, as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee ,including form of debt securities and related guarantees (filed as Exhibit 4.2 to Linde plc’s Registration Statement on Form S-3 dated May 3, 2023, and is incorporated by reference) |
| 4.3 | Form of Indenture for Debt Securities between Linde Inc., as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee ,including form of debt securities and related guarantees, (filed as Exhibit 4.3 to Linde plc’s Registration Statement on Form S-3 dated May 3, 2023, and is incorporated by reference) |
| 4.4 | Form of Indenture for Debt Securities between Linde Finance B.V., as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee, including form of debt securities and related guarantees, (filed as Exhibit 4.4 to Linde plc’s Registration Statement on Form S-3 dated May 3, 2023, and is incorporated by reference) |
| 31.01 | Rule 13a-14(a) Certification |
| 31.02 | Rule 13a-14(a) Certification |
| 32.01 | Section 1350 Certification (such certifications are furnished for the information of the Commission and shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act). |
First 8 of 15 rows. The CSV has all of them.